Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
1970-01-01 08:00
Hertz Beats Earnings Estimates Despite Falling Used-Car Prices
Hertz Global Holdings Inc. reported a per-share profit for the second quarter of 72 cents, beating the consensus
1970-01-01 08:00
Jordan Henderson completes controversial move to Saudi Arabian side Al-Ettifaq
Liverpool captain Jordan Henderson has completed his controversial move to Saudi Arabian side Al-Ettifaq. The 33-year-old, who posted a farewell message to Reds fans on Wednesday, brought to an end a 12-year stay at Anfield in which he won every major trophy by finalising a deal with reported wages of up to £700,000-a-week. Liverpool are due to receive an initial £12million from the Saudi Pro League club, who posted on social media: “A leader. A warrior. We’re simply thrilled to have him. Henderson is ETTIFAQI.” Henderson was seen training with his new team-mates at a camp in Croatia in a fan video posted on social media, which will have caused Liverpool some embarrassment even though it was hastily deleted. In their own statement Liverpool said: “We can confirm @JHenderson has completed a transfer to Al-Ettifaq. “As his Anfield chapter now comes to a close, everyone at the club wishes to place on record their thanks and gratitude for everything Jordan did for us during his 12 years as a Red.” The England international will be reunited with former team-mate Steven Gerrard who is Al-Ettifaq manager. However, his move had attracted criticism due to his long-time support of LGBT+ issues and the Premier League’s Rainbow Laces campaign. Homosexuality is illegal and punishable by death in Saudi Arabia, while the state stands accused of a host of other abuses including placing harsh restrictions on women’s rights and the right to political protest. “Jordan Henderson is of course free to play for whoever he chooses, but we would urge him to examine Saudi Arabia’s human rights record and be prepared to speak out about human rights violations in the country,” Amnesty’s UK economic affairs director Peter Frankental told the PA news agency last week. Pride in Football, a network of LGBT+ fan groups, said in a statement: “When you see someone who has been an ally so publicly transfer to a club in a country where LGBT+ people are attacked and imprisoned, it is disappointing. “Good luck in Saudi Arabia Jordan, but you have lost the respect of so many people who valued you and trusted you.”
1970-01-01 08:00
Prada Earnings Jump, Helped by Luxury Demand in Asia, Europe
Prada SpA reported stronger earnings as the Italian fashion group benefited from shoppers in Europe and Asia splurging
1970-01-01 08:00
Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and
1970-01-01 08:00
McDonald’s Sales, Profit Beat Estimates as Diners Flock to Chain
McDonald’s Corp. reported second-quarter sales and profits that surpassed analysts’ projections, a sign that it’s still attracting diners
1970-01-01 08:00
Keira Walsh not focused on personal treble as England chase World Cup glory
England midfielder Keira Walsh insists the prospect of completing a personal trophy treble with a World Cup win has scarcely crossed her mind. Walsh followed up England’s Euro 2022 triumph and player-of-the-match honours in that final with a move to Barcelona, with whom she achieved Champions League glory alongside fellow Lioness Lucy Bronze in June. A first World Cup at the August 20 Sydney final would cap off a phenomenal 13-month run for Rochdale native Walsh, who joined the Spanish side for what was believed to be a world record fee in September. She said: “It’s not something I’ve thought about but it would be pretty exciting. “I think when I first moved to Barcelona I did have to take a deep breath. When you go into that environment and you look at their midfield it is a little bit daunting, I think is fair to say. “They were all super helpful with it though and I’m not really on social media to see those things. I just take the game day-to-day and enjoy playing. I don’t really focus too much on what’s going on on the outside. “But when it’s all said and done, winning the Euros and the Champions League in the space of a year, you do need to take a breath and take a step back – not to evaluate it but let it all sink in. It’s an exciting thing and then going to a World Cup as well.” Both England and their Friday opponents Denmark picked up wins in their opening contests, so the second encounter for each might prove vital in deciding the Group D winner. The Lionesses could even seal a trip to the knockout rounds tomorrow if they defeat Denmark and China draw with Haiti in the late kick-off. Walsh, nominated for FIFA’s best women’s player of the year in 2022, agreed it seems her ascension to the elite ranks of her position has come with a corresponding response of teams trying to shut her down. She said: “Yeah, but I think I was used to it at Man City, it happened quite a lot in the Women’s Super League. “I don’t necessarily think it’s just me, I think a lot of teams are trying to stop holding midfielders in general because that’s where football is going now. “I think the game has changed as a whole, but I’ve got more influence from the Spanish in terms of how they’ve always played, and the Pep [Guardiola] influence has always helped me in that respect. In general football I think more people do try and play through the central midfielder. “Yeah of course [it’s a challenge I want], I think first-half it’s usually a little more difficult, I think in the second half it tends to open up a bit more anyway, but for me, I want to be playing in those tighter situations and really testing myself. I enjoy the challenge and am just looking forward to seeing the rest of the tournament.” The 26-year-old, who made her senior England debut in November 2017 and was named in her first World Cup squad four years ago, is amongst the Lionesses with the most major tournament experience having also featured for Team GB at the postponed Tokyo 2020 Olympics. England boss Sarina Wiegman has been “pushing” Walsh to take more of a leadership role on the pitch, a role she has somewhat reluctantly accepted. Walsh added: “Maybe it’s just solving the pictures on the pitch and coaching a little bit more. I wouldn’t say I’m the loudest so it doesn’t come naturally to me. But it’s something she wants me to improve on. “I think I’m one of the more experienced ones in terms of being at tournaments and winning the Champions League so players do automatically look at that but it’s a team full of leaders and it doesn’t matter if you’ve played one game or 50. “We listen to each other and respect each other’s opinions. I think that’s what’s so special about this team. Hopefully we can show that against Denmark and what we’re about.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Rasmus Hojlund talks continue as Man United boss Erik ten Hag eyes new striker England’s leading Ashes stars likely to miss start of The Hundred Sarina Wiegman ready to ring changes to rejuvenate rusty England
1970-01-01 08:00
Rasmus Hojlund talks continue as Man United boss Erik ten Hag eyes new striker
Manchester United are confident of bringing in a new attacker soon as talks to sign Atalanta’s Rasmus Hojlund continue, the PA news agency understands. The Red Devils have signed Chelsea midfielder Mason Mount and Inter Milan goalkeeper Andre Onana this summer as they look to build on a promising first season under Erik ten Hag. United have made no secret of the need to bolster their attack ahead of the new campaign, with their manager saying at the start of the week they are making “progress” on that front. Atalanta striker Hojlund is a target and reports emerged on Wednesday that the club have made a verbal 50million euros (£42.8m) offer, rising to 60m euros (£51.4m), for the Denmark international. The 20-year-old is seen by the Old Trafford giants as a rough diamond who can be polished by Ten Hag, who made no secret of the need for attacking help after the 2-0 friendly loss to Real Madrid. The Dutchman’s side failed to score from any of their 14 attempts under the NRG Stadium roof, an all too familiar tale given their problems taking opportunities last season. Asked if the attacking display in Houston emphasised why they are looking to sign a new striker, Ten Hag said: “Absolutely. “There were two things – the pressing can be better from the start and scoring goals. “I think we need more players who are capable to be in the one-on-ones and we had the situations of one-on-ones. “It was (Marcus) Rashford, it was, I thought, Scott McTominay in one-on-one situations. (Alejandro) Garnacho, a one-on-one situation. From the situations, you have to score.” PA understands United are hopeful of having a new attacker through the door before their Premier League opener against Wolves on August 14. Should that player be Hojlund, then he is seen as having the required drive and desire to develop at a club willing to be patient with the relatively inexperienced striker. There are back-up options if a deal cannot be agreed, though, with Eintracht Frankfurt frontman Randal Kolo Muani among them. Mohammed Kudus of Ajax is also admired. Despite their desire for goals, United sources have continued to dismiss talk of a move for Tottenham’s Harry Kane. The club have also distanced themselves from any suggestion they could bid for Paris St Germain’s Kylian Mbappe. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Keira Walsh not focused on personal treble as England chase World Cup glory England’s leading Ashes stars likely to miss start of The Hundred Sarina Wiegman ready to ring changes to rejuvenate rusty England
1970-01-01 08:00
Mauritius To Boost Reserves as Buffer Against Economic Shocks
Mauritius’s central bank plans to purchase foreign currency in the domestic market to boost its reserves and provide
1970-01-01 08:00
Honeywell Profit Tops Expectations on Aerospace, Energy Rebound
Honeywell International Inc.’s profit topped analysts’ expectations as the rebound in air travel and the energy industry drove
1970-01-01 08:00
Abrdn Appoints New CFO, Closes Former Flagship Fund
Abrdn Plc appointed Aviva Plc veteran Jason Windsor as its new chief financial officer following the departure of
1970-01-01 08:00
Southwest Hits Profit Estimates, Faces Continued Rising Costs
Southwest Airlines Co. reported second-quarter earnings that matched Wall Street’s estimates as rising costs countered gains from a
1970-01-01 08:00
