China Weight-Loss Drug Stocks Lose Shine on ‘Misleading’ Claims
One of the few bright spots in China’s battered equity market is evaporating, with weight-loss drugs plunging after
1970-01-01 08:00
Apple’s Cook Cheers on Tencent Game Gala in Rare China Visit
Apple Inc.’s Tim Cook showed up at a Tencent gaming tournament in China, endorsing one of the biggest
1970-01-01 08:00
Ericsson Says Weakness Persists in Quarter After Sales Miss
Ericsson AB said market weakness that has depressed sales will persist into the fourth quarter as the company
1970-01-01 08:00
British Companies Are Cutting Back on Pound Hedging
British companies are dialing back on currency hedging as their earnings become less vulnerable to dramatic swings in
1970-01-01 08:00
Net Zero Success Hangs on Rapid Power Grid Build-Out, IEA Says
Investment in the world’s electricity grids must double to more than $600 billion a year if nations are
1970-01-01 08:00
On this day in 2018: Shahid Khan withdraws £900m offer to buy Wembley from FA
American billionaire Shahid Khan withdrew his offer to buy Wembley Stadium from the Football Association on this day in 2018. The proposed deal was worth £900million and the FA was planning to spend the money on transforming grassroots facilities across the country over the next 20 years but the idea of selling the stadium, which cost £757million to build, proved to be controversial with many in the game. The owner of Fulham and NFL side the Jacksonville Jaguars felt his offer to buy Wembley proved more divisive than initially anticipated and decided to pull out. In a statement, FA chief executive Martin Glenn said: “Shahid Khan has informed us today that he will be withdrawing his offer to buy the stadium – and we fully respect his decision. “At a recent meeting with Mr Khan he expressed to us that, without stronger support from within the game, his offer is being seen as more divisive than it was anticipated to be and has decided to withdraw his proposal.” The proposed deal had the support of the FA’s senior leadership, including Glenn himself, and was also backed by the government but there were significant doubts elsewhere, most notably at the grassroots level itself. Khan’s intention was to eventually use Wembley as a home for his relocated Jaguars but was also willing to agree on several highly restrictive conditions on how he would run the national stadium, one of them being to keep the venue for all of English football’s biggest games. However, wider concerns about whether the FA was selling the family silver too cheaply, its ability to spend the money wisely and Khan’s long-term plans for the stadium all led to the downfall of the sale. In a statement, Khan, 68, said: “I’ve been clear publicly as well as in my correspondence with the FA Council that it would require a proper partnership, with the full and enthusiastic commitment of all involved, to maximise the benefits to the FA and game of football. “At this moment, following last week’s FA Council hearing, it appears there is no definitive mandate to sell Wembley and my current proposal, subsequently, would earn the backing of only a slim majority of the FA Council, well short of the conclusive margin that the FA chairman has required. “The intent of my efforts was, and is, to do right by everyone in a manner that strengthens the English game and brings people together, not divide them. “Unfortunately, given where we are today, I’ve concluded that the outcome of a vote next week would be far from sufficient in expressing the broad support favoured by the FA chairman to sell Wembley Stadium. “I am respectfully withdrawing my offer to purchase Wembley Stadium.” Read More Dallas Cowboys bounce back to edge past Los Angeles Chargers Eddie Jones commits his coaching future to Australia Stephen Kenny focused on fixtures instead of future after Ireland beat Gibraltar David Brooks looks to impress for Wales at a major tournament Northern Ireland U21s lose late on against Serbia I quite like the noise – Ellis Genge ‘fuelled’ by England’s critics
1970-01-01 08:00
Israel Latest: Biden Plans Mideast Trip in Drive to Contain War
President Joe Biden will travel to Israel on Wednesday in a show of solidarity for the US ally
1970-01-01 08:00
3 Diamondbacks to blame for Game 1 loss to overbearing Phillies
The Arizona Diamondbacks can walk away from this one thankful it's a best-of-7 series against the Philadelphia Phillies in the NLCS.
1970-01-01 08:00
With win in NLCS Game 1, Phillies just keep making MLB history
Just how good have the Philadelphia Phillies been in Game 1 play when opening a series? The answer may surprise you.
1970-01-01 08:00
Nick Castellanos refuses to give Diamondbacks even a sliver of bulletin board material
Nick Castellanos provided another legendary postgame interview after the Philadelphia Phillies beat the Arizona Diamondbacks in NLCS Game 1.
1970-01-01 08:00
Despite 0-2 deficit, Framber Valdez gives the Rangers bulletin board material
Houston Astros pitcher Framber Valdez put his foot in his mouth by saying the Texas Rangers lucky in their Game 2 win in the ALCS.
1970-01-01 08:00
KSI vs Tommy Fury result changed after judging error
Tommy Fury’s decision win over KSI on Saturday has been altered, after it was revealed that one scorecard had been added up incorrectly. Fury, half-brother of world heavyweight boxing champion Tyson, was a majority-decision winner against YouTuber KSI in Manchester, with two scorecards reading 57-56 in the 24-year-old’s favour, while the other read 57-57. However, the 57-57 scorecard from judge Rafael Ramos was the result of incorrect maths, and it should actually have read 57-56 to Fury. The result has now been changed to reflect this, with Fury a unanimous-decision victor. Fury stayed unbeaten as a professional boxer with the win – despite being docked a point for illegal shots to the back of KSI’s head – while KSI (real name Olajide Olatunji) suffered his first defeat. KSI, 30, mocked Fury after the fight, however, saying: “That is a robbery, bro. How many jabs did you land? Look at your face, look at your eyes. I’m the YouTuber, you are the boxer so you have to win? “He is the man who is supposed to be the pro boxer. He hit me on the back of the head over and over. It is outrageous. I want to appeal. I need to see it again. I felt like I won that.” Tommy Fury vs KSI scorecards Judge 1 Round 1: 10-9 Round 2: 9-9 Round 3: 9-10 Round 4: 9-10 Round 5: 9-10 Round 6: 10-9 Total: 56-57 Judge 2 Round 1: 10-9 Round 2: 9-9 Round 3: 9-10 Round 4: 9-10 Round 5: 10-9 Round 6: 9-10 Total: 56-57 Judge 3 Round 1: 10-9 Round 2: 10-8 Round 3: 9-10 Round 4: 9-10 Round 5: 9-10 Round 6: 9-10 Total: 56-57 Read More KSI vs Tommy Fury prize money: How much did the fighters earn? Tommy Fury crowned king but relax - Misfits’ bad boxing will not end the sport as we know it KSI may have lost to Tommy Fury, but he’s winning where it really matters KSI vs Tommy Fury result changed after judging error Dillon Danis explains why he will appeal defeat by Logan Paul KSI vs Tommy Fury prize money: How much did the fighters earn?
1970-01-01 08:00
