Record Olive Oil Prices Push Up Cost of Spain’s Signature Dish
A surge in the price of olive oil in top grower Spain has increased the cost of making
2023-09-12 19:58
US investment firm 777 Partners considering Everton majority purchase – reports
American investment firm 777 Partners have returned to the negotiating table at Everton but are now reportedly considering a majority purchase. The group had been in talks earlier this summer over a partial investment only for rivals MSP Sports Capital to enter into an exclusivity agreement with Toffees owner Farhad Moshiri. With the agreement now over after that potential investment fell through over repayments to existing lenders – although a £100million loan to help finalise the completion of a new stadium at Bramley-Moore Dock was agreed – it appears 777 have re-entered talks. However, reports suggest it is with a view to a full takeover of the club. Everton have been seeking outside investment for some time in order to free up finances to complete the new stadium. In January Moshiri, who has spent more than £500million on players since becoming the majority shareholder in 2016, said the club was not up for sale but admitted he was exploring funding options to cover the final stages of the £550m-plus build at Bramley-Moore which will is set to see the ground opened next season. The 777 group, which did not comment when contacted by the PA news agency, currently own, or part own, Genoa, Standard Liege, Hertha Berlin, Vasco de Gama and Melbourne Victory and the London Lions basketball team and British Basketball League. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-09-12 19:53
TI's fans concerned as rapper's son King Harris challenges homeless man to eat spicy chip for money
King Harris offered a homeless man money to take on the spicy chip challenge, which involved resisting drinking water after consuming a Paqui chip
2023-09-12 19:47
Campari Shares Surged More Than 520% Under Retiring Veteran CEO
Spirits maker Campari saw its shares rise more than 520% under the 16-year tenure of retiring Chief Executive
2023-09-12 19:45
Factbox-Few suppliers of synthetic graphite for EV batteries
Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to
2023-09-12 18:53
Marketmind: Risk and rates moving in tandem
A look at the day ahead in U.S. and global markets from Mike Dolan Both long-term borrowing rates and riskier
2023-09-12 18:28
SMBC agrees $3.7 billion deal for 25 Boeing 737 MAX jets
DUBLIN Global leasing giant SMBC Aviation Capital said on Tuesday it had concluded an order for 25 Boeing
2023-09-12 18:27
AI chip startup Enfabrica raises $125 million, with backing from Nvidia
By Stephen Nellis Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers,
2023-09-12 18:24
Incoming BoE official Breeden seeks 'balance' in rate decisions
LONDON Incoming Bank of England deputy governor Sarah Breeden said she would seek a balanced approach to judging
2023-09-12 18:19
Conservatives hope Supreme Court defangs US consumer watchdog
By John Kruzel WASHINGTON The U.S. Consumer Financial Protection Bureau is currently pursuing nearly two dozen lawsuits accusing
2023-09-12 18:16
UPS CEO says new labor deal with Teamsters to cost less than $30 billion - CNBC
United Parcel Service CEO Carol Tome said that its new five-year contract with Teamsters-represented workers in the United
2023-09-12 17:58
China Returns to Buy Winter Gas Supply in Risk to Global Balance
China is looking to stock up on liquefied natural gas for winter, returning to the spot market in
2023-09-12 17:53