Japan-backed fund to buy out JSR, in latest chip sector intervention
By Sam Nussey and Tim Kelly TOKYO (Reuters) -Semiconductor materials maker JSR Corp said on Monday it has agreed to
2023-06-26 16:57
ECB Officials Gather in Sintra Amid Strain Over Hiking Journey’s Last Mile
European Central Bank officials sparring over when to conclude their historic bout of interest-rate increases will get vital
2023-06-26 16:55
Factbox-Japan ramps up efforts to strengthen its chip industry
TOKYO Semiconductor materials maker JSR Corp's board will meet on Monday to discuss a potential multi-billion dollar buyout
2023-06-26 16:50
Kenya's Ruto signs contentious tax bill into law
Kenyan President William Ruto on Monday signed into law a bill that raises taxes on a wide range of items, the presidency said, defying criticism that it will...
2023-06-26 16:45
New Zealand leader's plane so prone to breakdowns he takes a backup on China trip
The United States has Air Force One
2023-06-26 16:19
Onshore Chinese Stocks Slide, Playing Catch-Up After Holidays
Chinese stocks declined in catch-up trade as weak holiday spending data added to concerns that the recovery has
2023-06-26 16:16
Stock market today: Asian shares mixed, oil prices gain after armed rebellion quelled in Russia
Asian shares have fallen after a short-lived armed rebellion in Russia added to uncertainties over the war in Ukraine
2023-06-26 16:16
Europe shares edge lower as bank stocks drag
European shares edged lower on Monday, as a sharp decline in financial stocks more than offset gains in
2023-06-26 15:54
Pound Traders Upped Bullish Bets Ahead of BOE’s Surprise Hike
Speculative traders boosted bullish wagers on the pound to the strongest in more than five years in the
2023-06-26 15:49
Morgan Stanley’s Wilson Says Stock Risks Have Rarely Been Higher
One of Wall Street’s most bearish strategists said US equities are facing a wall of worry, which could
2023-06-26 15:49
Factbox-PwC Australia scandal latest of many around the globe for the firm
By Lewis Jackson SYDNEY PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax
2023-06-26 15:26
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