The Bank of England’s newest rate setter Megan Greene said policy makers were right to raise interest rates

Hong Kong has condemned a US Senate Committee for passing a bill that could shut down the city’s

NEW YORK--(BUSINESS WIRE)--Jun 1, 2023--

By Karen Freifeld and David Shepardson NEW YORK/WASHINGTON (Reuters) -The White House on Wednesday will detail its plans to prohibit

Wrexham owners and Hollywood actors Ryan Reynolds and Rob McElhenney are part of an investor group that has bought a 24 per cent in F1 team Alpine. Renault, the Formula One team’s parent company, confirmed that Reynolds and McElhenney had joined RedBird Capital Partners, the US investment firm who own Italian football club AC Milan and also have stakes in Liverpool owners Fenway Sports Group, in the deal. The 24 per cent equity purchase of £171m values Alpine at around £706m and the team said they will hope to compete for the F1 championship following the increased investment. Alpine, who are based in Britain and were born after Renault rebranded its F1 outfit two years ago, finished fourth in the constructors championship behind Red Bull, Ferrari and Mercedes last season. Reynolds and McElhenney made their first steps into sports ownership when they announced a shock takeover of non-league side Wrexham in 2020. Under their ownership and alongside the popular documentary show Welcome to Wrexham, the Welsh side returned to the Football League with promotion last season following a memorable campaign. Hollywood actor and Creed star Michael B Jordan, who has a minority stake in Premier League team Bournemouth, and US-based Otro Capital are also among the new group of investors in Alpine, the team confirmed. Alpine chief executive Laurent Rossi said: "This association is an important step to enhance our performance at all levels." Read More Ryan Reynolds and Rob McElhenney insist they will not get bored at Wrexham Why Wrexham? How Ryan Reynolds and Rob McElhenney came to buy a club they’d never heard of

Cambodia's new Prime Minister Hun Manet is heading to Beijing on his first official trip abroad since taking office last month

Soaring demand for the raw materials needed for the transition towards renewable energy is creating dilemmas for investors weighing the economic, environmental and human...

An increasing number of economists — including the Federal Reserve’s own staff — are predicting the US will

Federal Reserve Bank of Richmond President Thomas Barkin asked for a show of hands: How many business people

The first Republican primary debate of the 2024 campaign season hosted by Fox News averaged 12.8 million viewers, according to viewership data, a larger than expected audience given the notable absence of frontrunner and disgraced former President Donald Trump.

The Biden administration says it could soon launch a formal evaluation of risks posed by vinyl chloride, the cancer-causing chemical that burned in a towering plume of toxic smoke following the fiery train derailment in East Palestine, Ohio

PORTLAND, Ore.--(BUSINESS WIRE)--Aug 7, 2023--