Biden is set to announce how billions of dollars for expanding broadband access will be distributed
President Joe Biden will announce how much money each state is set to receive from the largest-ever federal investment in broadband expansion
2023-06-26 17:19
ECB Officials Gather in Sintra Amid Strain Over Hiking Journey’s Last Mile
European Central Bank officials sparring over when to conclude their historic bout of interest-rate increases will get vital
2023-06-26 16:58
Kenya's Ruto signs contentious tax bill into law
Kenyan President William Ruto on Monday signed into law a bill that raises taxes on a wide range of items, the presidency said, defying criticism that it will...
2023-06-26 16:51
Ruble Hits Weakest in 15 Months After Wagner Challenges Putin
The ruble weakened as much as 3% against dollar on Monday, the most this year, after a mutiny
2023-06-26 15:29
Aston Martin Steps Up EV Push With Lucid Deal: The London Rush
The M&A wave has rippled through to the automotive industry, with luxury carmaker Aston Martin striking an EV
2023-06-26 15:25
Ryan Reynolds and Rob McElhenney to invest in F1 team
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
2023-06-26 15:25
Pakistan Moves Closer to Vital IMF Deal With Last-Ditch Steps
Pakistan’s race to restart a stalled International Monetary Fund loan program took a positive turn as the country
2023-06-26 15:25
Russia Latest: Wagner Remains in Ukraine, Ruble Trades Lower
Wagner forces appear to still be operating in conflict areas in Ukraine even as the whereabouts of the
2023-06-26 13:57
Renault Sells €200 Million Stake in Formula 1 Unit to Investors
RedBird Capital Partners and Otro Capital are leading an investor group buying 24% of Renault SA’s Formula 1
2023-06-26 13:47
Oil price gains evaporate after short-lived Wagner insurrection in Russia
Gains in oil prices evaporated on Monday after a brief and chaotic insurrection in Russia, with investors questioning whether the turmoil in Moscow could disrupt global energy supplies.
2023-06-26 13:25
Mitsotakis to Focus on Greek Economy After Decisive Election Win
Greece’s Kyriakos Mitsotakis trounced the opposition in Sunday’s general election, giving the former prime minister a resounding mandate
2023-06-26 12:28
London's Brokers Face a Crunch as Downturn Picks Off the Weakest
John Farrugia spent last Christmas in Dubai, studying merger models. The chief executive officer of FinnCap Group Plc
2023-06-26 12:28