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Thai Central Banker Signals More Hikes to Win Inflation Fight
Thai Central Banker Signals More Hikes to Win Inflation Fight
Bank of Thailand Governor Sethaput Suthiwartnarueput signaled that the central bank will stick to its gradual and measured
1970-01-01 08:00
Vingroup Surges as EV Unit Seeks US Listing Via SPAC Deal
Vingroup Surges as EV Unit Seeks US Listing Via SPAC Deal
Shares of Vingroup JSC jumped after announcing its electric vehicle maker unit will list in the US by
1970-01-01 08:00
ECB Seen Keeping Rates High for Longer Amid Sticky Core Prices
ECB Seen Keeping Rates High for Longer Amid Sticky Core Prices
The European Central Bank will hold interest rates at their peak for longer than previously thought as underlying
1970-01-01 08:00
Thai Economy Accelerates, Outlook Hinges on Election Outcome
Thai Economy Accelerates, Outlook Hinges on Election Outcome
Thailand’s economy expanded more than estimated in the first quarter as the nation benefited from a resurgent tourism,
1970-01-01 08:00
Kishida Flags Importance of Wages as Panel Scrutinizes Trend
Kishida Flags Importance of Wages as Panel Scrutinizes Trend
A key panel backed by the Japanese government discussed the need to scrutinize data to see if the
1970-01-01 08:00
Turkey Heads for Runoff Ballot as Erdogan Has Lead and Momentum
Turkey Heads for Runoff Ballot as Erdogan Has Lead and Momentum
Turkish President Recep Tayyip Erdogan failed to carve out a lead large enough to avoid a runoff in
1970-01-01 08:00
Italy’s Exports to China Are Booming and It’s Not Clear Why
Italy’s Exports to China Are Booming and It’s Not Clear Why
Italy’s exports to China have tripled in little more than a year. The problem is, even the experts
1970-01-01 08:00
Lawsuit alleges that social media companies promoted White supremacist propaganda that led to radicalization of Buffalo mass shooter
Lawsuit alleges that social media companies promoted White supremacist propaganda that led to radicalization of Buffalo mass shooter
A wrongful death lawsuit filed against several social media companies Friday alleges that social media lent to the radicalization of the gunman who shot and killed 10 people at a grocery store in Buffalo, New York, last May.
1970-01-01 08:00
Argentina to Boost Rates by 600 Basis Points as Inflation Soars
Argentina to Boost Rates by 600 Basis Points as Inflation Soars
Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points
1970-01-01 08:00
Stellantis, LG Energy Spar With Canada Over EV Battery Plant
Stellantis, LG Energy Spar With Canada Over EV Battery Plant
Automaker Stellantis NV said it will begin implementing “contingency plans” with its South Korean partner for electric vehicle
1970-01-01 08:00
Why Tesla Keeps Changing Its Prices
Why Tesla Keeps Changing Its Prices
Tesla Inc. has done seemingly nonstop tinkering with its prices this year, moving them lower in dramatic fashion
1970-01-01 08:00
Ineos ‘optimistic’ over Man United purchase after increased contact with Raine Group
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
1970-01-01 08:00
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