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Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
1970-01-01 08:00
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
1970-01-01 08:00
Oil Edges Lower After Four-Day Climb With Fed Decision in Focus
Oil Edges Lower After Four-Day Climb With Fed Decision in Focus
Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and
1970-01-01 08:00
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s inflation rate slowed more than expected in the three months through June, reflecting global trends and bolstering
1970-01-01 08:00
China Market Rally Needs Policy Follow-Up, Morgan Stanley Says
China Market Rally Needs Policy Follow-Up, Morgan Stanley Says
Imminent follow-through of actionable policy measures, especially those for the property sector, will be key to sustaining a
1970-01-01 08:00
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
As foreign minister, China’s Qin Gang was expected to usher in an era of diplomacy that would help
1970-01-01 08:00
Chiefs gamble at wide receiver could already be biting them back
Chiefs gamble at wide receiver could already be biting them back
Chiefs wideout Kadarius Toney was always going to be a liability on the 2023 roster. His recent injury just confirms that fact.Kansas City Chiefs wideout Kadarius Toney probably shouldn't have been talking so much smack before the 2023 season.Toney, who has struggled with lower-body inj...
1970-01-01 08:00
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
1970-01-01 08:00
Yankees: Aaron Boone gives optimistic return date for Aaron Judge
Yankees: Aaron Boone gives optimistic return date for Aaron Judge
Fans of New York feel the pressure of not having Aaron Judge out with an injury, as they are last in the AL East. That pressure might not be there much longer since Aaron Boone has announced a possible return for Aaron Judge.New York Yankees outfielder Aaron Judge has not played a game since he ...
1970-01-01 08:00
MLB Rumors: Yankees-Phillies trade showdown, Mariners swoop, India goes to Seattle
MLB Rumors: Yankees-Phillies trade showdown, Mariners swoop, India goes to Seattle
MLB Rumors: Could Mariners steal a top trade target from Yankees?The New York Yankees' interest in Cubs star Cody Bellinger is already well-documented. With Chicago looking more and more like sellers at the deadline, Bellinger stands out as one of the most desirable sluggers ready to be dealt...
1970-01-01 08:00
Chargers loosen grip on checkbook to pay Justin Herbert: Best memes and tweets
Chargers loosen grip on checkbook to pay Justin Herbert: Best memes and tweets
The Chargers broke the bank for their franchise QB, giving Justin Herbert a monster contract extension that keeps him in Los Angeles until at least 2029.Justin Herbert won't be causing any drama at Los Angeles Chargers training camp. But he might be footing the bill for a dinner or several....
1970-01-01 08:00
Tottenham owner Joe Lewis indicted in the US for ‘brazen insider trading scheme’
Tottenham owner Joe Lewis indicted in the US for ‘brazen insider trading scheme’
Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.
1970-01-01 08:00
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