Five Key Charts to Watch in Global Commodity Markets This Week
Grains prices will once again be a central focus in commodities markets this week after the latest talks
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Ukraine Latest: Zelenskiy in Berlin to Meet With German Leaders
President Volodymyr Zelenskiy arrived in Berlin overnight, where he’s expected to hold talks with Chancellor Olaf Scholz and
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Bean Shortage Drives Up Cost of Even the Cheapest Cup of Coffee
The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews. But a shortage
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Bangladesh, Myanmar Order Mass Evacuations as Severe Storm Nears
Bangladesh and Myanmar ordered hundreds of thousands of people to evacuate ahead of a severe cyclone that’s set
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Ineos ‘optimistic’ over Man United purchase after increased contact with Raine Group
Sir Jim Ratcliffe has had more extensive contact with Raine Group over the past two weeks than Qatar, creating a positivity within the INEOS bid that they can be the next owners of Manchester United, although it has not yet been communicated who the preferred bidder is. That does leave the way open for a huge Qatar offer that many have long been waiting for, but it would have to be a significant increase on their third-round bid of under £5bn. They would also have to be quick, as it is now expected that an announcement on preferred bidder could come next week. While the nature of this process ultimately comes down to the numbers, there was irritation on the selling side at some of the briefing around the third Sheikh Jassim-led bid, given it was considerably lower than had been anticipated. The Independent has also been told that the Glazers have been giving consideration to the fact any Qatar offer could take six to nine months longer, due to the likelihood that the assessment by the Owners and Directors test would be far longer. The bid comes as the Premier League have sought to tighten regulations on state-linked owners, amid increasing pressure over the subject. The Glazers are also conscious of the fact that, if that happens, and the Qatar deal were to falter, Ratcliffe would be unlikely to come in on a point of principle. As the INEOS group have long pointed out, their offer can lead to a cleaner process. Ratcliffe's group are “optimistic” that, if the takeover process continues smoothly, they would at least have an agreement to buy the club by the summer transfer window. That could leave Erik ten Hag frustrated as regards transfers for next season, given the club would be restricted in what it could do, but with the offset that the future would be much clearer thereafter. Either way, the Glazers' bankers are currently willing to discuss final details with Ratcliffe. The only development that could currently change that is if Qatar come back in with a huge offer, and there is insistence from within the Gulf state they are still in the race. At the same time, discussions with Raine have been minimal, with one source even stating that it was as close as you can get to being “ghosted” in such processes. The prospective takeover of United has been discussed at the top levels of the state, but a number of political issues have complicated the planned purchase, not least the willingness to not be seen to just pay whatever it takes. From the start, Qatar have been insistent they will only buy for the right price. It remains to be seen whether that valuation changes as the possibility of failure looms. 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 Man Utd fans stage protest against Glazers before and during Aston Villa match
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Ukraine Latest: Kyiv Hit With Sixth Drone Attack This Month
Russia attacked Ukraine’s capital with drones early Saturday for the sixth time since the beginning of May. President
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Modi’s Party Trails in Early Vote Count in India Swing State
Prime Minister Narendra Modi’s party is trailing in the crucial southern state of Karnataka in early vote counting,
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Germany is experiencing a mass worker shortage. Can migration fix it?
Sipping Turkish black tea outside the doner shop he runs in the Berlin neighborhood of Kreuzberg, Faruk Can
1970-01-01 08:00
US wants a recall of 67 million airbag inflators, but the manufacturer disagrees
The National Highway Traffic Safety Administration is calling for an immediate recall of 67 million airbag inflators due to a dangerous defect, the agency said in a letter to ARC Automotive, a major manufacturer of the component. But the automotive supplier that made the component is disputing the need for it to conduct any sort of broad recall at all.
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Volkswagen's April deliveries jump 39% thanks to China boost
Volkswagen's said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles
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China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes
Top corn importer China could cancel more purchases of the grain from the US because the country can
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Carrefour Brasil in talks with Barzel Properties over $260 million deal
SAO PAULO Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the
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