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Billionaire’s Chip Dreams Stymied as India Set to Deny Funding
Billionaire’s Chip Dreams Stymied as India Set to Deny Funding
India’s government is poised to deny crucial funding for billionaire Anil Agarwal’s chip venture, a setback for a
2023-05-31 08:20
Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
Chinese tech entrepreneurs keen to 'de-China' as tensions with US soar
By David Kirton SHENZHEN, China For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting
2023-05-31 08:18
Bankman-Fried Points to Law Firm Advice as FTX Fraud Defense
Bankman-Fried Points to Law Firm Advice as FTX Fraud Defense
FTX co-founder Sam Bankman-Fried is laying the groundwork for a defense that argues he relied upon the advice
2023-05-31 07:55
Leeds chairman Andrea Radrizzani completes Sampdoria takeover
Leeds chairman Andrea Radrizzani completes Sampdoria takeover
A consortium that includes Leeds chairman Andrea Radrizzani has completed its takeover of Italian club Sampdoria. Leeds’ majority shareholder Radrizzani’s company Aser Group and finance company Gestio Capital announced they had concluded a deal to save financially-stricken Sampdoria late on Tuesday night. In a statement released on Sky Sports Italian reporter Gianluca Di Marzio’s social media sites, Radrizzani said: “We are nothing short of thrilled to be able to announce that we have completed the acquisition of this extraordinary club. “The history and coat of arms of Sampdoria are safe and I think my happiness is (for) of all the people who were suffering for these colours. “My thanks at this time go above all to all those people who worked relentlessly to ensure that this agreement found a just conclusion. “And in particular I have to extend a huge thank you to Matteo (Manfredi, Gestio Capital principal) and to the lawyer De Gennaro. “Without them none of this would have been possible. From today we move on…. and I personally can’t wait to get to work.” Radrizzani, who bought Leeds for £45million in 2017, is expected to sell his 56 per cent stake in the Premier League club to American co-owners 49ers Enterprises. The financial arm of NFL franchise the San Francisco 49ers increased its stake in Leeds to 44 per cent at the end of 2021 with a deal in place to buy Radrizzani’s stake and take full control before January 2024. 49ers Enterprises has been reported to be keen to complete a takeover this summer, but the deal was contingent on Leeds remaining in the Premier League and it remains to be seen how relegation will affect a possible change of ownership at Elland Road. Leeds’ three-year stay in the top flight was ended on Sunday when they lost 4-1 to Tottenham at Elland Road in their last game of the season. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-05-31 07:25
South Korea factory output, retail sales drop in April
South Korea factory output, retail sales drop in April
SEOUL South Korea's factory output in April fell 1.2% from March, on a seasonally adjusted basis, official data
2023-05-31 07:20
Biden withdraws nomination of official to head US auto safety agency
Biden withdraws nomination of official to head US auto safety agency
By David Shepardson WASHINGTON The White House said on Tuesday that President Joe Biden is withdrawing the nomination
2023-05-31 06:52
Illumina CEO survived Icahn's challenge by more than 2-to-1 margin
Illumina CEO survived Icahn's challenge by more than 2-to-1 margin
By Svea Herbst-Bayliss NEW YORK Illumina Inc CEO Francis deSouza survived a challenge to his board seat from
2023-05-31 06:51
Minnesota governor signs bill legalizing recreational marijuana starting in August
Minnesota governor signs bill legalizing recreational marijuana starting in August
Minnesota’s governor has legalized recreational marijuana for people over 21 starting in August
2023-05-31 06:50
Debt-Limit Deal Will Pass House Wednesday, Jeffries Says
Debt-Limit Deal Will Pass House Wednesday, Jeffries Says
Democrats will deliver at least enough votes in combination with Republicans to guarantee House passage Wednesday night of
2023-05-31 06:22
Stock markets mixed as traders await US debt ceiling vote
Stock markets mixed as traders await US debt ceiling vote
Stock markets were mixed on Tuesday, with heavy falls in Europe and muted trading in New York following an agreement to suspend the US debt...
2023-05-31 05:29
Analysis-US debt deal's energy permitting reforms leave thorniest issues for later
Analysis-US debt deal's energy permitting reforms leave thorniest issues for later
By Valerie Volcovici and Timothy Gardner WASHINGTON The bipartisan U.S. debt deal's provisions to speed up energy infrastructure
2023-05-31 05:27
Twitter is now worth one-third what Elon Musk paid
Twitter is now worth one-third what Elon Musk paid
Ever since Elon Musk acquired Twitter for $44 billion last year, it's been a widely
2023-05-31 05:22
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