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...For Premier League clubs, this week’s deal is likely to be celebrated....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Premier Li Qiang also did not hold a briefing at the conclusion of the rubber-stamp parliament’s annual meeting this month....
...Venture capital investment in European tech companies almost halved, year on year, in 2023, but some analysts are now detecting the recovery....
...This week football’s simmering issues around multiclub ownership topped the agenda at a Premier League shareholder meeting....
...This week, the tour approved a deal for a group of investors led by Liverpool FC and Boston Red Sox owner John Henry and his Fenway Sports Group to buy into the new entity....
...A slow recovery in tourism from Asia, growing competition from Southwest Airlines and the recent wildfires in Maui have all weighed on demand....
...Foreign direct investment in China plunged to its lowest level since the 1990s last year as an expected strong recovery from pandemic-era lockdowns failed to materialise....
...Beijing is expected to resist growing market pressure for much stronger stimulus to spur China’s economic recovery at its flagship annual political event this week, analysts have said, as President Xi Jinping...
...China Evergrande Group, the entity that is subject to the winding-up order, is a Hong Kong-based holding company that is one of the wider group’s “main offshore financing platforms”, according to court documents...
...Estée Lauder shares notched their biggest one-day drop on record after the US cosmetics group slashed its profit outlook due to a slow recovery in Asia and also warned of an almost $80mn hit to earnings...
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
...Most VCs continue to charge LPs a management fee regardless of whether they had made investments, but Sequoia Capital, one the premier tech VC groups, started waiving fees on capital it had not yet committed...
...A strong Chinese recovery could also challenge the recent performance dominance of US equities, either directly or indirectly via Japanese or European assets....
...Laying claim to them would be fraught with legal and political complexity, and the chances of significant recoveries for offshore creditors from the mainland look slim....
...One invite to start: Join footballing legend Zlatan Ibrahimović, dealmaker Gerry Cardinale, Premier League chief executive Richard Masters and UK culture secretary Lucy Frazer in less than two weeks at our...
...EMC’s premier asset was its 81 per cent stake in VMware, a cloud computing specialist which last week was sold to Broadcom for $92bn....
...The difference, we note, is enough to buy four Premier TurboTax licences....
...Cardinale of course owns Italian football club AC Milan, while Mansour controls City Football Group, owner of Premier League champions Manchester City....
...The gambling group’s football club is languishing in 19th in the second-tier of English football and hasn’t featured in the Premier League since 2018....
...The recovery in global corporate bond and loan markets began after the Federal Reserve signalled it sees a path to cutting interest rates later this year....
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...similar move this week, Brussels approved an advance payment of €5.1bn to Poland, a first tranche of the money frozen over rule of law concerns in the country, as Donald Tusk prepares to return to office as premier...
...But financial pressures hang over the Belfast plant, which has not made a profit since 2016 and has been hit by supply chain squeezes and inflation despite a recovery in the global airline business since...
...Alibaba’s restructuring plan was initially met with investor enthusiasm, which faded with growing pessimism about China’s economic recovery....
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