Germany’s €11 Billion Defense Orders to Get Lawmaker Approval
German lawmakers will sign off early next month on government plans to buy 60 Boeing Co. Chinook helicopters
2023-06-23 18:51
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
2023-06-23 18:16
Bill Kenwright to stay on as Everton chairman despite supporter protests
Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch
2023-06-23 17:50
America Is Divided Over Everything But Chicken: Big Take Podcast
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify, Terminal. Americans love beef. But more recently,
2023-06-23 17:26
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:24
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
2023-06-23 15:56
GSK Settles First Zantac Case Set for US Trial: The London Rush
GSK’s first settlement of a lawsuit in the Zantac litigation may set the momentum ahead of a sequence
2023-06-23 15:16
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:20
Singapore Inflation Moderates Further in May as Key Gauge Eases
Singapore’s core inflation rate cooled in May to the lowest in 11 months, helped by a deceleration in
2023-06-23 13:27
Yen Traders on Verbal Intervention Watch as Weakness Extends
Tokyo’s FX traders are scanning the airwaves for official comments as the yen slumps toward levels where the
2023-06-23 11:24
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 10:47
Philippine Central Banker Signals 2023 Pause as Term Nears End
The Philippine central bank will probably keep its benchmark interest rate steady for the rest of the year
2023-06-23 10:21