US regional bank shares jump on Western Alliance deposits growth
Shares of U.S. regional lenders climbed premarket on Wednesday, looking to break out of range-bound trading as an
2023-05-17 18:58
ECB zeroes in on struggling borrowers and forex as times get tougher
FRANKFURT The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and
2023-05-17 18:52
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:46
Marketmind: Fed rates to stay higher for longer, debt drama goes on
A look at the day ahead in U.S. and global markets from Samuel Indyk. The Federal Reserve is
2023-05-17 18:17
Man Utd takeover: Sheikh Jassim launches even bigger last-ditch bid to buy football club
The Qatari billionaire Sheikh Jassim bin Hamad bin Khalifa Al Thani has raised his bid for Manchester United by making a fourth and last-ditch offer for the club, which is understood to be closer to £5 billion. The businessman has made a late intervention after the lifelong United fan, and petrochemicals billionaire, Sir Jim Ratcliffe had submitted his third bid which valued United at a higher figure. As with all of Sheikh Jassim’s previous proposals, he is trying to buy 100 percent of the club, where the Glazer family are current majority shareholders. The Qatari has also pledged to clear United’s debt of £536 million and has promised a separate fund directed at the club and the community. Ratcliffe’s most recent bid allowed Joel and Avram Glazer, two of the six siblings whose father, Malcolm, bought the club in 2005, to retain a stake while aiming to complete a takeover in the next few years. The American merchant bank the Raine Group are overseeing the process for the Glazers. There have been three previous rounds of bids, without seeming to meet the Glazers’ valuation, though Ratcliffe had emerged as the favourite to complete a deal. Read More Eddie Howe: Football must learn from my confrontation with fan Dimitar Berbatov warns Harry Kane not to ‘tarnish’ Tottenham legacy by leaving You’re asking the wrong person – Emma Hayes not interested in title permutations
2023-05-17 18:15
It’s the G-7 Versus China and Russia in the Struggle for Global Influence
The tussle for global influence is about to intensify, as China, Russia, the US and its allies step
2023-05-17 17:54
Tencent’s Revenue Grows Most in Over a Year After China Reopens
Tencent Holdings Ltd. grew revenue at its fastest pace in more than a year, fueling hopes the world’s
2023-05-17 16:57
Wall Street Splits on Cutting China Growth After Data Miss
Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the
2023-05-17 16:27
Imran Khan Summoned Before Pakistan Anti-Graft Agency Again
Pakistan’s former premier Imran Khan has been summoned to appear before the country’s anti-graft agency on Thursday, days
2023-05-17 15:17
Europe Car Sales Up in April as Output Gains on Better Supply
Auto sales in Europe rose in April for a ninth month as supply chains improved and carmakers worked
2023-05-17 14:20
Thai Election Winner Holds Coalition Talks Amid Senate Stalemate
Thailand’s Move Forward Party, which has staked claim to lead a government after emerging as the single-largest party
2023-05-17 13:49
U.S. debt drama and data hoist dollar
By Tom Westbrook SINGAPORE The dollar held firm on Wednesday, as traders trimmed bets on imminent U.S. rate
2023-05-17 13:45