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The UK government is lobbying the European Union to prevent Brexit-related local manufacturing requirements from kicking in next

Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy

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

Tesla Inc. Chief Executive Officer Elon Musk said the electric-car maker will dabble in advertisements, a major shift

Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the

Auto sales in Europe rose in April for a ninth month as supply chains improved and carmakers worked

A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and

Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting

Japan’s economy expanded at a faster pace than expected as a further easing of pandemic regulations boosted consumption,

WASHINGTON President Joe Biden and top Republican lawmakers met at the White House for less than an hour

By Doyinsola Oladipo NEW YORK Texas Attorney General Ken Paxton filed a lawsuit on Monday against Hyatt Hotels

Former Manchester United executive vice-chair Ed Woodward has accepted a first job since departing Old Trafford last year. Woodward has joined the board of educational esports company EStars as a non-executive director. EStars is “at the heart of the fastest-growing sport in the world”, using esports to bring classmates together, both during and after school hours, to foster great academic goals, inclusion, diversity and positive outcomes. Ex-Newcastle, Netherlands and current Norwich goalkeeper Tim Krul has been a shareholder in the company since its inception in 2017 and Woodward explained his decision to accept the new role. He said: “When you put together esports, education and a dynamic region such as the Middle East, where curriculum decisions can be made faster than Europe, it is a recipe for success. “Joining the team is an easy decision when you add the exceptional leadership and entrepreneurial energy of Mags [founder Mags Byrne]. I’m excited about EStars delivering a path of learning for the next generation in the (relatively) new industry of esports.” Having qualified as a chartered accountant and then worked at JPMorgan as an investment banker, Woodward joined Man United in 2005 to oversee their commercial operations, having advised the Glazer family on their purchase of the club. He was appointed to the board of directors in 2008 and became executive vice-chair in 2013 when David Gill retired. He became an incredibly unpopular figure at Old Trafford due to his association with a Glazer regime that fans turned against and despite the £1bn he sanctioned in transfer fees, his tenure is regarded as a failure, with the club struggling on the pitch – in relative terms at least – in the post-Sir Alex Ferguson era. It has been mooted that he could help the Glazer family negotiate any potential sale of Manchester United as the takeover saga drags on. Read More What would a Sir Jim Ratcliffe takeover mean for Manchester United Erik ten Hag unsure what funds will be available to strengthen Man Utd’s squad Louis Van Gaal suggests Ed Woodward’s departure from Man Utd could spell success