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Hedge fund Qube makes $835 million bet against HSBC shares
Hedge fund Qube makes $835 million bet against HSBC shares
LONDON Hedge fund Qube Research & Technologies has made a 672 million pound ($835.43 million) bet against the
2023-11-17 22:40
Intersolar 2023: SolarEdge Unveils New Bi-Directional DC-Coupled Electric Vehicle Charger
Intersolar 2023: SolarEdge Unveils New Bi-Directional DC-Coupled Electric Vehicle Charger
MUNICH & MILPITAS, Calif.--(BUSINESS WIRE)--Jun 14, 2023--
2023-06-14 22:00
'Thankful' Fiji edge Georgia to push Australia toward Rugby World Cup exit
'Thankful' Fiji edge Georgia to push Australia toward Rugby World Cup exit
Anxious and error-prone Fiji fought back to beat fading Georgia 17-12 on Saturday and remain on course for the World Cup quarter-finals, pushing Australia to...
2023-10-01 02:15
Ford, partners pick Canada for $900 million battery materials plant
Ford, partners pick Canada for $900 million battery materials plant
By Steve Scherer OTTAWA (Reuters) -A consortium of Ford Motor Co and South Korean companies on Thursday said they would
2023-08-18 00:35
Abortion-rights group rebrands to Reproductive Freedom for All in post-Roe world
Abortion-rights group rebrands to Reproductive Freedom for All in post-Roe world
The influential abortion-rights group NARAL Pro-Choice America has changed its name to Reproductive Freedom for All
2023-09-21 01:50
Value-Added Services Will Deliver Greater Customer Experience, New Report Reveals
Value-Added Services Will Deliver Greater Customer Experience, New Report Reveals
FREMONT, Calif.--(BUSINESS WIRE)--Oct 25, 2023--
2023-10-25 18:03
Liverpool are under pressure from Saudi Arabia – on and off the pitch
Liverpool are under pressure from Saudi Arabia – on and off the pitch
Jurgen Klopp finds himself under attack from Saudi Arabia on two fronts: one new, one even newer. He is entirely complimentary about one – Eddie Howe’s fast-improving Newcastle side – while calling for help in another respect. Klopp believes Fifa should act to bring the Saudi Arabian transfer window in line with its English equivalent. The acquisitiveness of their newly super-rich clubs has already disrupted his summer once; when, after beginning his midfield rebuild with the auspicious acquisitions of Alexis Mac Allister and Dominik Szoboszlai, he was stripped of Fabinho and Jordan Henderson, two he intended to keep. Now there is the prospect of a raid for Mohamed Salah, perhaps after 1 September, when it would be too late to replace him. His suitors are Al-Ittihad, a club run by the Saudi Public Investment Fund, who own 80 percent of Newcastle. Klopp is remaining defiant. “Mo Salah is a Liverpool player and essential for everything we do,” he said. “We don’t have an offer. If there would be something, the answer would be no.” Saudi spending power would look still more transformative if each of Klopp’s definitive front three – Sadio Mane, Roberto Firmino and Salah – were to move to the Pro-League in the same summer. Its influence is apparent in the North-East as well as the Middle East, however. Liverpool head to St James’ Park on Sunday after winning the battles against Newcastle, beating them home and away last season, but losing the war. They were forced out of the Champions League places by a rising force. Newcastle, Klopp thinks, are no one-season wonders. They are here to stay. “Most definitely,” he concurred. The changing landscape has made it harder for imperilled Liverpool in a division where others are spending, when they operate by different financial parameters. “And Chelsea,” he noted. “And Manchester United in the future. We have to [live within our means]. We cannot put sticks around the area and hope that no one will run through. That’s how it is: I have no problem with that. As long as it is all by the rules I have no problem. In the end it’s the circumstances, it could be different but it’s all about what you make of it.” And, as he readily admits, Newcastle have made a lot of their budget. They have spent around £400 million in four transfer windows under Howe. There was a hint from Klopp that their spending spree could have been more like Todd Boehly’s billion-pound exercise in incoherence. Instead, Newcastle’s buying has been underpinned by intelligent thinking. “So far they have not done crazy business,” said Klopp. “I have to say nobody knew exactly what would happen after [the takeover] but so far I don’t think they have done crazy business. One of those windows where people thought it would look like the Chelsea windows rather than the Newcastle window. They have brought in fantastic players like [Alexander] Isak, [Sven] Botman, Bruno [Guimaraes]: really smart business, piece by piece. And then this year [Sandro] Tonali and [Harvey] Barnes, and they can swap strikers between Isak and [Callum] Wilson, which is impressive. But they still have players from before like [Miguel] Almiron and [Sean] Longstaff. So, yes, they did business, and it was clear - could the Newcastle of before have done it? Probably not.” There are certain similarities with some of Liverpool’s recruitment over the years: buying improving players, rarely from the superpowers, for what can soon look bargain prices. Liverpool became champions of first Europe and England in part because, where there was little margin for error, they rarely erred. “There was one year when money was less of an issue because Phil went to Barcelona so we could do sensational transfers,” Klopp said, and Philippe Coutinho’s £142m sale financed the arrivals of Alisson and Virgil van Dijk. “But otherwise we have always spent to improve the team. With business, we have had to do it our way. Our situation is great, just not in comparison to the other teams you mentioned. We have to be on point. There is not a lot of space for failure.” Now, once again, his plans are taking shape, with Wataru Endo the belated replacement for Henderson and Fabinho, after Liverpool failed in bids for Moises Caicedo and Romeo Lavia, but with the risk that a sudden departure of a player of Salah’s standard could create further problems. “I was always glad when transfer windows are over,” Klopp reflected. “I can’t remember a transfer window where every single person was happy. I have to improve the squad, I know, but I have all the information around and I know what is possible and not possible. It is not my job to complain. It is my job to take the team we have at the end of the transfer window and make the best of it.” Which he has tended to do against Howe, with 10 straight wins. Newcastle have only suffered four home league defeats under the Englishman, but two were to Klopp and Liverpool. And while the job of managing Liverpool and of securing top-four finishes has got harder in other respects, at least he faces less opposition on Sunday. When he looks across to the home dugout, only one man will be on his feet, instructing the Newcastle players. Klopp had quipped that the new regulations were designed to stop the United tag team of Howe and Jason Tindall. “It was a joke,” he said. If Liverpool’s anthem dictates that he will never walk alone, Howe now has to stand alone. Read More He’s essential to Liverpool: Jurgen Klopp dismisses Mohamed Salah transfer talk Liverpool adamant Mohamed Salah is not for sale Would a transfer to Man United or Liverpool suit Ryan Gravenberch most? Eddie Howe urges Bruno Guimaraes to learn from social media criticism He’s essential to Liverpool: Jurgen Klopp dismisses Mohamed Salah transfer talk Jurgen Klopp makes definitive statement on Mohamed Salah transfer saga
2023-08-26 16:32
Trump can get away with skipping a debate but can't evade legal consequences
Trump can get away with skipping a debate but can't evade legal consequences
Donald Trump will skip another Republican presidential debate on Wednesday night because no one will punish him for not being there.
2023-09-27 12:04
Bond Traders Fear ECB Hawks as Energy Jitters Return to Europe
Bond Traders Fear ECB Hawks as Energy Jitters Return to Europe
Freezing winter weather seems a remote concern as Europe swelters, but traders and strategists got a reminder last
2023-08-13 15:00
Jury awards $100,000 to Kentucky couple denied marriage license by ex-County Clerk Kim Davis
Jury awards $100,000 to Kentucky couple denied marriage license by ex-County Clerk Kim Davis
A federal jury has awarded $100,000 to a Kentucky couple who sued former county clerk Kim Davis over her refusal to issue licenses to same-sex couples
2023-09-14 07:00
Skies clear as New York's Gov Ball music fest kicks off
Skies clear as New York's Gov Ball music fest kicks off
New York's Governors Ball kicked off Friday under clearer skies after days of wildfire-induced noxious smog blanketed the city and threatened to...
2023-06-10 05:46
Reddit down: Site hit by more outages as fight over its future escalates
Reddit down: Site hit by more outages as fight over its future escalates
Reddit was hit by yet another outage, as the site’s troubles continue. The forum has been hit by protests and outrage in recent days, in response to a new policy that would see the site charge for access to its data. Reddit said that it was unfair that developers were given free access to its API, which allow them to show posts in third-party apps. But developers said that Reddit’s new pricing was too expensive to be sustainable, and many of the biggest of those apps have now announced they will be permanently shutting down. Those announcements have led to a widespread protest on Reddit, where moderators announced they would be taking their forums “dark” in an attempt to force a change by the site’s leadership. Administrators switched those forums to private and hid posts, meaning that they were effectively taken offline. That protest ran from 12 June to 14 June. But many of those administrators have suggested that recent actions by Reddit’s management, and the lack of change on the issue of pricing, will lead them to carry on the protest indefinitely. Amid those issues, Reddit went briefly offline for some users on Thursday evening. The company said that it was “investigating an issue that is causing load failures across web and mobile clients”. Around an hour and a half later, the company said the incident was resolved. But it was the second such technical issue the company has experienced as the protest has continued. Earlier this week, users saw another problem that meant they were unable to get to posts. Reddit spokespeople later confirmed that the problem had been a result of the protests. The large number of forums being taken on and offline had caused issues for the site’s infrastructure, they said, meaning that it was briefly taken offline. It has led to an unusual number of problems at Reddit. Between 19 March and 14 May, the site experienced no issues, according to its tracking website – but the last five days have seen two significant problems at Reddit. Nonetheless, the company still says it is experiencing 99.94 per cent uptime. Steve Huffman, Reddit’s chief executive, has urged Reddit’s staff to continue working on the site and suggested that the protest will eventually pass. Read More Reddit just went ‘dark’, and the site is in chaos Reddit is in chaos – and it’s CEO has finally responded Reddit’s blackout protest is set to continue indefinitely
2023-06-16 21:46