EL SEGUNDO, Calif.--(BUSINESS WIRE)--Nov 22, 2023--

Goldman Sachs reported a steep drop in second-quarter profits Wednesday as it continued to struggle with an anemic merger and acquisition...

KYIV Ukraine's economy is adapting well to the wartime environment following Russia's invasion and growth will continue next

German authorities have broken off their search for four crew members missing since their British-flagged cargo ship sank a day earlier following a collision with a larger vessel in the North Sea

Fishermen and residents of Fukushima and five other prefectures along Japan’s northeastern coast have filed a lawsuit demanding a halt to the ongoing release of treated radioactive wastewater from the wrecked Fukushima nuclear plant into the sea

United Auto Workers union President Shawn Fain told members that all three automakers have now offered record contracts but that the union will continue its strike in a push for even better deals.

Uber Technologies is considering buybacks and dividends to shareholders as its cash flow ramps up, CEO Dara Khosrowshahi

Manchester United have projected record annual revenue of up to £640million in the current financial year as the takeover saga surrounding the club rumbles on. United’s owners, the Glazer family, are weighing up offers for the club from Qatari banker Sheikh Jassim and Sir Jim Ratcliffe, the founder of chemicals firm Ineos. The Glazers first indicated they could sell by initiating a strategic review last November but the bidding process has dragged on. Reports have suggested Sheikh Jassim’s bid – which is for 100 per cent of the club – is now the most likely to be accepted. Sources close to the Qatari bid have indicated their eagerness to close the deal, with the summer transfer window now open. Supporters staged fresh protests against the Glazers at Old Trafford on Tuesday as the club launched the kit for next season. Revenue guidance for the current financial year was raised to a record £630m to £640m in the third quarter financial results for the period ending March 31, 2023, which were released on Tuesday. This is driven by record match attendance and matchday revenues. Ticket sales for the 2022-23 season surpassed the previous record set in 2016-17, with 2.4m sold. Global memberships also hit 360,000, which United said was the largest paid membership programme in world sport. Revenue for the third quarter was up 11 per cent on the same period last year. Broadcasting revenue was slightly down on the corresponding period due to the club being in the Europa League rather than the Champions League, but was partially offset by the club’s performance in domestic cup competitions. Cash and cash equivalents are at £73.7m, down from £95.8m in the same period last year, reflecting the investment that has been made in the team. However, the figure is £31m higher than in the second quarter, boosted by money coming in from sponsorship and ticket sales. Summer recruitment will not be affected by the results, according to sources close to the club, with enough cash available to enable United boss Erik ten Hag to invest in the team. The limiting factor is understood to be the requirement to stay within financial sustainability rules.

SEOUL, South Korea--(BUSINESS WIRE)--Oct 24, 2023--

The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid

SAN JOSE, Calif.--(BUSINESS WIRE)--May 10, 2023--

OSAKA, Japan--(BUSINESS WIRE)--Aug 10, 2023--