List of All Articles with Tag 'ba'

Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs

Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch

British businesses said staff shortages that are forcing them to drive up wages are adding to the cost

Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the

Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and

It's been a turbulent week or two for markets, with one central bank after another making it very

Asian stock markets tumbled Friday as investors fretted that more interest rate hikes by major central banks would drag on global economic growth.

By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices fell for a second straight session and were headed for a

GSK Plc reached a settlement with a man who claimed the drugmaker’s blockbuster heartburn medication Zantac caused his

Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent

As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are

A look at the day ahead in European and global markets from Tom Westbrook A red tide swept over Asia-session