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Analysis-US hotel developers run out of cash as construction lending dries up
Analysis-US hotel developers run out of cash as construction lending dries up
By Bianca Flowers and Priyamvada C Tighter lending standards from regional banks are making it harder for U.S.
1970-01-01 08:00
Charlton owner Thomas Sandgaard agrees to sell club to SE7 Partners
Charlton owner Thomas Sandgaard agrees to sell club to SE7 Partners
Charlton have announced that owner Thomas Sandgaard has agreed to sell the club to SE7 Partners. A share purchase agreement has been signed and the two parties are now working with the EFL as they seek approval for a takeover of the League One outfit. Charlton CEO Peter Storrie told the club’s official website: “A deal has been agreed and a share purchase agreement has been signed by Thomas Sandgaard and SE7 Partners. “We’ll now work with SE7 Partners and the EFL to meet the league requirements, which is a process that can take some time. “In the meantime, the day-to-day running of the club will not be impacted. Our preparation and recruitment for the 2023/24 season is well under way. We have our targets for our men’s team and our women’s team. “Led by Dean Holden and Karen Hills, those plans continue to progress and will not be halted while we await the approval. “The aim is to put the club in the best position to achieve our targets for next season – a top-six finish for the men’s team and further progression for the women’s team.” Former Sunderland co-owner Charlie Methven and banker Edward Warrick are listed at Companies House as directors of SE7 Partners Limited. Charlton finished 10th in the third tier last season, 15 points adrift of the play-off places. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
1970-01-01 08:00
Ange Postecoglou agrees to leave Celtic for Tottenham – reports
Ange Postecoglou agrees to leave Celtic for Tottenham – reports
Celtic boss Ange Postecoglou appears to be moving towards a swift resolution of his future amid reports he has verbally agreed to become Tottenham’s new manager. Postecoglou admitted on Saturday that his ability to enjoy Celtic’s treble success would soon be disrupted by some decision-making and that seems to have happened even quicker than he anticipated. The 57-year-old dodged questions on his future before and after Saturday’s Scottish Cup final win over Inverness having emerged as the overwhelming frontrunner to take over at Spurs. Neither club are commenting publicly but reports claim Postecoglou told Celtic principal shareholder Dermot Desmond on Saturday night that he intended to leave for London and he is now said to be closing in on signing a two-year Spurs deal with the option to extend. When repeatedly pressed on his future after Celtic’s 3-1 Hampden win over Inverness on Saturday, the Greek-born Australian said: “I anticipate enjoying this moment for the next 24-48 hours, as long as I can, before someone drags me away and takes my attention away from enjoying something that’s been hard-earned. “The reality is, there’s probably players in that dressing room who won’t be here next year. That’s the nature of football. “But I want them to enjoy it, I am going to enjoy it, and that’s all I am going to focus on until someone grabs me by the collar and tells me that I have to answer certain questions.” The former Australia head coach has won five domestic trophies out of a possible six after arriving from Yokohama F Marinos in Japan and was linked with numerous Premier League clubs throughout this season. Postecoglou became a hero with the Celtic support, not just for resuming their success after a barren season, but also for implementing an attacking style of play and his connection with the fans. But he looks set to swap Glasgow for another rebuild job as Spurs finally look to appoint a permanent successor to Antonio Conte, who departed on March 26. Postecoglou is due to go on a family holiday on Tuesday and a deal could be finalised quickly. Former Hoops manager Brendan Rodgers has emerged as an unlikely favourite to succeed Postecoglou, four years after leaving the club mid-season to take over at Leicester. Assistant manager John Kennedy is also high up the list but reports claim Postecoglou hopes to take the former Celtic defender to Tottenham. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Kasatkina hits out at French Open crowd over booing after defeat to Svitolina Kane, Mbappe and Osimhen – A look at Real Madrid’s possible striking targets Football rumours: Manchester City look to tie down Erling Haaland to new deal
1970-01-01 08:00
China's EV Battery Sector Is Preparing a New Breakthrough
China's EV Battery Sector Is Preparing a New Breakthrough
One of China’s top battery-makers reckons it has cracked a technology to provide even cheaper and more powerful
1970-01-01 08:00
Lauryn Hill stages Fugees reunion at Philadelphia's The Roots Picnic
Lauryn Hill stages Fugees reunion at Philadelphia's The Roots Picnic
The Fugees performed six songs at the festival at the weekend.
1970-01-01 08:00
China Says Local Debt Under Control, No Systemic Risk Seen
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
1970-01-01 08:00
Odisha train crash: More than 100 bodies still waiting to be claimed
Odisha train crash: More than 100 bodies still waiting to be claimed
The deadly three-train collision on Friday evening killed 275 people in Balasore district.
1970-01-01 08:00
Viggo Venn: Norwegian high-vis comedian wins Britain's Got Talent
Viggo Venn: Norwegian high-vis comedian wins Britain's Got Talent
The Norwegian beat the bookies' favourite, South African amputee dancer Musa Motha, on the TV show.
1970-01-01 08:00
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
1970-01-01 08:00
Ukraine war: Russia says it thwarted major Ukrainian offensive
Ukraine war: Russia says it thwarted major Ukrainian offensive
Moscow claims to have killed 250 Ukrainian troops, but this has not been independently verified.
1970-01-01 08:00
Kane, Mbappe and Osimhen – A look at Real Madrid’s possible striking targets
Kane, Mbappe and Osimhen – A look at Real Madrid’s possible striking targets
Real Madrid are in the market for a new centre-forward after announcing Karim Benzema’s departure. The France international scored 354 goals in 648 appearances to become Real’s second all-time top scorer, behind Cristiano Ronaldo, during a 14-year stay in the Spanish capital. Here, the PA news agency runs the rule over the main contenders to succeed Benzema at the Bernabeu. Harry Kane England captain Kane would appear to be a natural fit for Real given his unceasing ability to score goals for Tottenham. Kane, who has one year left on his Spurs contract, turns 30 next month, but that is unlikely to put Real off a striker who is the Premier League’s second highest goalscorer and will be strongly coveted by Manchester United and others this summer. Real have tempted Gareth Bale and Luka Modric away from Tottenham in the past and might be hopeful of striking a deal, with Spurs chairman Daniel Levy unwilling to sell Kane to a Premier League rival in the past. Kylian Mbappe The World Cup winner was seemingly on his way to Madrid last summer before choosing to stay at Paris St Germain and chase Champions League glory there. Like Kane, Mbappe comes with a goals guarantee as he has scored more than 200 for PSG, but the Frenchman has more time on his side than the England forward as he does not celebrate his 25th birthday until December. Mbappe is a thrilling spectacle in full flight and releasing him from his eye-watering PSG contract, which runs until June 2025, might take a world record transfer fee. Victor Osimhen Napoli’s first Serie A title for 33 years was fuelled by the goals of Osimhen. The 24-year-old Nigeria star scored 26 goals in 32 games, with the 6ft 1in striker’s game based around pace, power and athleticism. Osimhen has two years remaining on his current Napoli deal and has also attracted interest from Manchester United, with Red Devils boss Erik ten Hag known to be a big admirer. Kai Havertz On the face of it, Germany international Havertz would appear to be a strange replacement for goal machine Benzema. It would not be a like-for-like signing as the 23-year-old Havertz, in a false nine role, struggled to provide the goals Chelsea needed last season. But his tactical intelligence could enable him to dovetail well with Rodrygo and Vinicius Junior and Real could get a reduction on the £76million Chelsea paid Bayer Leverkusen for Havertz in 2020. Jonathan David Canada striker David has a growing reputation for club and country and seems ready to step on to a bigger stage after spells in Belgium and France. The 23-year-old has scored over 50 Ligue 1 goals for Lille since joining from Gent in 2020, 24 of them coming this season. David is known for his pace and versatility, as well his pressing ability out of possession, and can also operate as a second striker.
1970-01-01 08:00
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
European Central Bank Governing Council member Boris Vujcic said the surge in consumer prices is only slowly abating,
1970-01-01 08:00
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