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US regional bank stocks fall after Yellen says more bank mergers necessary
US regional bank stocks fall after Yellen says more bank mergers necessary
NEW YORK Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury Secretary Janet
1970-01-01 08:00
Europe wants to ban Russian diamond imports. Will it hurt?
Europe wants to ban Russian diamond imports. Will it hurt?
The European Union is poised to impose a ban on imports of Russia's diamonds — cutting off the world's biggest diamond producer from one of its key markets.
1970-01-01 08:00
Photo agency says it has rejected Harry and Meghan's request to turn over car chase images
Photo agency says it has rejected Harry and Meghan's request to turn over car chase images
A US photo agency says it has refused to hand over pictures and video of the Duke and Duchess of Sussex taken in New York on Tuesday night during what the royal couple called a "near catastrophic" car chase by "a ring of highly aggressive paparazzi."
1970-01-01 08:00
Inflation fight risks central banks' credibility and autonomy, BIS warns
Inflation fight risks central banks' credibility and autonomy, BIS warns
By Marc Jones LONDON The credibility and independence of central banks around the world is at risk if
1970-01-01 08:00
Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Global central banks can’t afford to flinch in what may be a prolonged struggle to fully tame consumer
1970-01-01 08:00
AZ Alkmaar condemn ‘pitch-black evening’ after violence mars Hammers clash
AZ Alkmaar condemn ‘pitch-black evening’ after violence mars Hammers clash
AZ Alkmaar have apologised for the violence which marred West Ham’s Europa Conference League semi-final win and labelled it a “pitch-black evening”. Pablo Fornals’ stoppage-time strike, which earned a 3-1 aggregate victory and sent them to next month’s final in Prague, prompted a gang of black-shirted, hooded AZ ultras to attempt to storm into the area reserved for friends and family behind the dugout. Players including Michail Antonio, Said Benrahma, Aaron Cresswell and Flynn Downes climbed over the advertising hoardings in a bid to stop the trouble. An AZ statement read: “While everyone hoped for a historic European match, it turned into a pitch-black evening due to the events occurring at the referee’s final whistle. It turned into a night to reflect on with shame. “Not because of the football game played, but because of the behaviour of some attending. Unfortunately, we cannot use the word ‘supporters’ for these people. “What happened is beyond all bounds. The club again sincerely apologises to West Ham and the thousands of well-minded AZ supporters who have also been inconvenienced by the misconduct. “In the coming period AZ will – together with the police, Public Prosecution Service, and Alkmaar’s municipality – evaluate exactly what happened, how it could have happened and what needs to be improved from now on. It is clear that things need to be improved. “Part of the evaluation is a thorough review of all available footage so that appropriate consequences may follow for those responsible for this outrageous behaviour. “AZ is a civilised club where sportsmanship and norms and values are paramount. The club will do everything possible, together with the authorities involved, to identify these persons and to take appropriate measures.” UEFA is expected to launch an investigation into the trouble. The governing body’s disciplinary panel will wait for the relevant reports before deciding on any action, but the PA news agency understands that given the severity of the disorder, it could follow previous cases and an inspector may be appointed to investigate more thoroughly. Given the extensive video footage of the ugly scenes the Dutch club could face heavy sanctions. Hammers boss David Moyes, whose 87-year-old father David Snr was at the match, said: “I can’t explain what happened and why it happened. “I can only say the players were involved because it was the family section and most of their family and friends were in there. That was probably the reason for the reaction. “Was I worried? Yeah, my family were there and I had friends in that section. You’re hoping they would try and get themselves away from it. “I didn’t recognise it because I’d gone onto the pitch. Security wanted to take me inside, but I had to make sure my players weren’t involved.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Katie Taylor gears up for ‘biggest night’ of career against Chantelle Cameron Farewells for Phil and Alun Wyn as Joneses bow out – Friday’s sporting social Frank Lampard reveals how close Chelsea came to signing Erling Haaland
1970-01-01 08:00
Powell Signals a June Pause, Says Fed Can Afford to Watch Data
Powell Signals a June Pause, Says Fed Can Afford to Watch Data
Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month
1970-01-01 08:00
How the USMNT could line up with Folarin Balogun
How the USMNT could line up with Folarin Balogun
Folarin Balogun has switched international allegiances from England to the USMNT. Here's how his new side could line up with the striker impressing in France with Reims.
1970-01-01 08:00
Goose Terrorizes Minor League Baseball Game, May Have Ended Up Cooked
Goose Terrorizes Minor League Baseball Game, May Have Ended Up Cooked
VIDEO: Goose on the loose at minor league baseball game.
1970-01-01 08:00
What happens when $2 trillion is sucked out of the global economy? It may not be pretty
What happens when $2 trillion is sucked out of the global economy? It may not be pretty
Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again at the height of the coronavirus pandemic.
1970-01-01 08:00
NBA Playoffs: LeBron James proves he is human after missing an easy dunk in LA Lakers Game 2 loss to Denver Nuggets
NBA Playoffs: LeBron James proves he is human after missing an easy dunk in LA Lakers Game 2 loss to Denver Nuggets
LeBron James proved he is human after all as the Los Angeles Lakers fell to a 108-103 Game 2 playoff loss against the Denver Nuggets.
1970-01-01 08:00
Newcastle may have Saudi riches, but Eddie Howe’s team is built on bargains
Newcastle may have Saudi riches, but Eddie Howe’s team is built on bargains
Eddie Howe has spent a season not mentioning the Champions League. “I actually can’t pronounce it, it goes funny against my lips,” he said. He may soon have to expand his vocabulary to include the phrase. Newcastle United’s fixture list seems set to take on an extra dimension next season. Which, it is safe to say, will be greeted with glee on Tyneside. Newcastle was a club mired in depression and which is now engulfed in euphoria. Optimism has returned, and at a ground with the size, centrality and presence to feel still more integral to a city’s identity than most. There may be more of a mixed reception elsewhere, and not merely if Newcastle eject Manchester United or, more probably, Liverpool from next season’s Champions League. For those of a certain age and with a nostalgic bent, their return to such a stage may stir memories of Tino Asprilla’s hat-trick against Barcelona. For others, there might be a distaste about Newcastle’s owners, at the sense that it is an endorsement of the Saudi Arabian government or a triumphant sportswashing project. And, in some quarters, there will probably be the suggestion a top-four finish was the inevitable consequence of spending. Which it isn’t. Or not this season, anyway. The provenance of Newcastle’s funds can remain an issue but the moral and the financial are very separate situations. Their rise has an ominous element for some of their new peers and there may be a time in the future when Newcastle can fairly be accused of buying success, when their expenditure dwarves everyone else’s, with the possible exception of Manchester City and, depending on a possible Qatari takeover, Manchester United. But not yet. For now, this is overachievement; relative to talent, to the salaries and even the transfer outlay. It is what will render a top-four finish a genuine footballing feat. When Leicester visit St James’ Park on Monday, in a game that could send one team down and another into the Champions League, it is a moot point which club has the higher wage bill: possibly Leicester, unless Newcastle’s players are on hefty bonuses for Champions League qualification. At around £250m over three transfer windows, progress has not come cheap; Newcastle have spent far more than they could in the past, but not as much as some of their peers and from the lower base of a club who were in danger of relegation when they started to buy. Tottenham have spent similar sums over the last 18 months, Manchester United paid out more last summer and Chelsea, ludicrously, have contrived to burn through £600m to get what will almost certainly be a bottom-half finish. Newcastle have proved the anti-Chelsea, faring better than anticipated with astute recruitment, finding value for money when a windfall could have led to wild spending. The starring role against Brighton, in the win that took Newcastle to the brink of a top-four spot, came from Kieran Trippier, who cost £12m. The second goal came from Dan Burn, who arrived for £13m. The goalkeeper – along with Alisson, the best in the Premier League this season – is Nick Pope, who was priced at £10m. They are different cases, but each is a bargain. Bruno Guimaraes and Sven Botman belong in the next bracket up, of signings in the region of £35-40m. But the Brazilian has established himself among the division’s classiest holding midfielders; the Dutchman has ranked among the best centre-backs this season. Each is worth rather more than he cost. The club record fee of £63m went on Alexander Isak; when he was injured in autumn, Newcastle had a negligible return on it. But the Swede was instrumental in a spring surge; a summer beckons in which there will be too few top-quality strikers on the market for the number of clubs who want one. United can sit it out, enjoying the prospect of Isak’s potential. Anthony Gordon’s has scarcely been an auspicious start; a fringe figure may be overpriced or prove another who kicks on. Newcastle certainly paid over the odds last January for Chris Wood, though they did well to recoup much of that £25m fee a year later. Matt Targett excelled on loan but has lost his place since signing permanently. But bring in enough players and no record is unblemished: Newcastle’s strike rate is higher than most, with six hits out of nine already. Go back 15 years and City’s initial business was rather more erratic. Perhaps it always needed a combination of Newcastle’s overperformance, in both the transfer market and on the pitch, and unexpected frailties elsewhere to propel them so far and so fast. Chelsea are having a historically terrible season; Tottenham and Liverpool have been below par, even if Jurgen Klopp’s team can still eye salvation. Yet their fate is out of their hands. Newcastle have had the billing of the world’s richest club for the last 18 months, but as they are headed for the riches of the Champions League, it is not because they spent more money than everyone else but they spent better than virtually everyone else. Read More Eddie Howe knows Newcastle will have to carefully manage European football Manager of the season contender Unai Emery ‘trying to improve every day’ Eddie Howe says Newcastle win ‘huge’ but warns still work to do in top-four hunt Football rumours: Arsenal preparing £90million swoop for West Ham’s Declan Rice Sam Allardyce refuses to criticise Leeds’ Patrick Bamford despite penalty miss Police charge Leeds fan with assault over Eddie Howe confrontation
1970-01-01 08:00
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