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What caused regional banks to fail? Senators blame excessive CEO pay
What caused regional banks to fail? Senators blame excessive CEO pay
US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus payouts as the financial institutions struggled to stay afloat.
2023-05-17 19:58
Turkey's ultra-nationalist outsider basks in run-off fame
Turkey's ultra-nationalist outsider basks in run-off fame
An also-ran who helped push Turkey to its first run-off election on May 28 is using his new-found fame to make ultra-nationalism mainstream and...
2023-05-17 19:56
Biden to continue debt talks later this week amid G7, White House says
Biden to continue debt talks later this week amid G7, White House says
WASHINGTON (Reuters) -U.S. President Joe Biden will continue talks with congressional leaders on the nation's debt limit later this week
2023-05-17 19:49
South Korean, Canadian leaders vow cooperation on clean energy, North Korea threat
South Korean, Canadian leaders vow cooperation on clean energy, North Korea threat
The leaders of South Korea and Canada have vowed to strengthen their security and economic cooperation to address challenges posed by North Korea and expand Canadian supplies of minerals crucial to South Korea’s technology industry as they held a summit in Seoul
2023-05-17 18:29
Man Utd takeover: Sheikh Jassim launches even bigger last-ditch bid to buy football club
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
UK Cracks Down on Landlords in Private Rental Sector Reform
UK Cracks Down on Landlords in Private Rental Sector Reform
The UK government is preparing to lay out a series of extra protections for tenants in the biggest
2023-05-17 17:58
Court orders Theranos founder Elizabeth Holmes to go to prison
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m in restitution to the victims of the scandal.
2023-05-17 17:57
Elon Musk Says Tesla Will Try Advertising
Elon Musk Says Tesla Will Try Advertising
Tesla Inc. Chief Executive Officer Elon Musk said the electric-car maker will dabble in advertisements, a major shift
2023-05-17 17:56
It’s the G-7 Versus China and Russia in the Struggle for Global Influence
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
Indonesian IT minister arrested for alleged corruption in procurement
Indonesian IT minister arrested for alleged corruption in procurement
Indonesian authorities have arrested the information technology minister as part of an investigation into a million-dollar corruption scandal linked to the construction of mobile phone transmission towers in remote regions
2023-05-17 17:48
Stellantis says UK car factories will close if Brexit deal isn't changed
Stellantis says UK car factories will close if Brexit deal isn't changed
British car factories will be forced to close with the loss of thousands of jobs if the government does not renegotiate its Brexit trade deal immediately, automaker Stellantis warned on Wednesday.
2023-05-17 17:46
French court upholds Sarkozy's jail term in wiretap graft case
French court upholds Sarkozy's jail term in wiretap graft case
A French appeals court on Wednesday upheld a prison sentence of three years, including two suspended, against former president Nicolas Sarkozy...
2023-05-17 16:52
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