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List of All Articles with Tag 'el'

Ryan Reynolds and Rob McElhenney to invest in F1 team
Ryan Reynolds and Rob McElhenney to invest in F1 team
Wrexham owners and Hollywood actors Ryan Reynolds and Rob McElhenney are part of an investor group that has bought a 24 per cent in F1 team Alpine. Renault, the Formula One team’s parent company, confirmed that Reynolds and McElhenney had joined RedBird Capital Partners, the US investment firm who own Italian football club AC Milan and also have stakes in Liverpool owners Fenway Sports Group, in the deal. The 24 per cent equity purchase of £171m values Alpine at around £706m and the team said they will hope to compete for the F1 championship following the increased investment. Alpine, who are based in Britain and were born after Renault rebranded its F1 outfit two years ago, finished fourth in the constructors championship behind Red Bull, Ferrari and Mercedes last season. Reynolds and McElhenney made their first steps into sports ownership when they announced a shock takeover of non-league side Wrexham in 2020. Under their ownership and alongside the popular documentary show Welcome to Wrexham, the Welsh side returned to the Football League with promotion last season following a memorable campaign. Hollywood actor and Creed star Michael B Jordan, who has a minority stake in Premier League team Bournemouth, and US-based Otro Capital are also among the new group of investors in Alpine, the team confirmed. Alpine chief executive Laurent Rossi said: "This association is an important step to enhance our performance at all levels." Read More Ryan Reynolds and Rob McElhenney insist they will not get bored at Wrexham Why Wrexham? How Ryan Reynolds and Rob McElhenney came to buy a club they’d never heard of
2023-06-26 15:26
Two More China Builders Say They Can’t Meet Debt Obligations
Two More China Builders Say They Can’t Meet Debt Obligations
Two more Chinese developers have failed to meet dollar-bond payments, occurring amid renewed home-sales softness and a lack
2023-06-26 14:59
SBB Enters Exclusive Talks to Sell Stake in Property Portfolio
SBB Enters Exclusive Talks to Sell Stake in Property Portfolio
Sweden’s Samhallsbyggnadsbolaget i Norden AB has entered into exclusive discussions with Brookfield Asset Management to sell its remaining
2023-06-26 14:53
Singapore’s Skyscrapers Defy Global Commercial Downturn
Singapore’s Skyscrapers Defy Global Commercial Downturn
Singapore’s gleaming office towers are defying a global slowdown in commercial real estate, in a sign of the
2023-06-26 14:20
Russia Latest: Wagner Remains in Ukraine, Ruble Trades Lower
Russia Latest: Wagner Remains in Ukraine, Ruble Trades Lower
Wagner forces appear to still be operating in conflict areas in Ukraine even as the whereabouts of the
2023-06-26 13:45
Mitsotakis to Focus on Greek Economy After Decisive Election Win
Mitsotakis to Focus on Greek Economy After Decisive Election Win
Greece’s Kyriakos Mitsotakis trounced the opposition in Sunday’s general election, giving the former prime minister a resounding mandate
2023-06-26 12:27
London's Brokers Face a Crunch as Downturn Picks Off the Weakest
London's Brokers Face a Crunch as Downturn Picks Off the Weakest
John Farrugia spent last Christmas in Dubai, studying merger models. The chief executive officer of FinnCap Group Plc
2023-06-26 12:24
Seychelles Central Bank Sees Deflation Ending as Rupee Weakens
Seychelles Central Bank Sees Deflation Ending as Rupee Weakens
Deflation in Seychelles is expected to be short-lived because of a weaker currency and higher import prices, the
2023-06-26 12:22
What to stream this week: 'The Bachelorette,' Idris Elba, The Weeknd, Sarah Snook and 'Jack Ryan'
What to stream this week: 'The Bachelorette,' Idris Elba, The Weeknd, Sarah Snook and 'Jack Ryan'
This week’s new entertainment releases include a new album from Lucinda Williams, the kickoff of the 20th season of the reality dating show “The Bachelorette” starring a 27-year-old therapist from Georgia who was featured on the last season of “The Bachelor,” and Idris Elba is stuck on the worst flight ever in the new series “Hijack” for Apple TV+
2023-06-26 12:15
China Economic Gloom Worsens With Weak Consumer Spending Data
China Economic Gloom Worsens With Weak Consumer Spending Data
China’s consumer-driven recovery is flashing warning signs as spending on everything from holiday travel to cars and homes
2023-06-26 11:46
Chip Startup Rides AI Frenzy to Become Top-Gaining Topix Stock
Chip Startup Rides AI Frenzy to Become Top-Gaining Topix Stock
Shares of a small Japanese chip design firm have quintupled since it listed in October, supercharged by expectations
2023-06-26 09:20
Australia's Element 25 to supply GM with manganese sulphate, shares jump
Australia's Element 25 to supply GM with manganese sulphate, shares jump
By Melanie Burton and Harish Sridharan MELBOURNE Element 25 Ltd said on Monday it will supply manganese sulphate
2023-06-26 08:56
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