List of All Articles with Tag 'sp'

Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers

President Joe Biden's top economic advisers believe the worst effects of inflation are in the rear-view mirror. They are increasingly confident the economy is heading for a soft-landing, averting a recession. And a growing number of economists are beginning to agree.

A Singapore review into residences rented by two ministers found no evidence of corruption or criminal wrongdoing, the

Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$6.7 million ($5 million) last financial year,

Spirit AeroSystems Holdings Inc. and its largest union reached an agreement on a new contract, potentially ending a

Spirit AeroSystems has presented a new contract offer to union workers at its plant in Wichita, Kansas, after

Three Arrows Capital liquidators are seeking to recover $1.3 billion from the co-founders of the failed crypto hedge

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.

Gary Neville will join the cast of the BBC programme Dragons’ Den when the series returns to screens next year. The former Manchester United and England defender will appear as a guest on the panel alongside fashion and retail entrepreneur Emma Grede. In addition to his regular role as a Sky Sports pundit, Neville has built a portfolio of business interests including a hotel and other property developments since his retirement from football. Neville said: “I am excited to join the Dragons, and to meet the entrepreneurs brave enough to face us in the Den. “I hope my personal journey shows that you can take the experiences you’ve had in one part of your career and use them to do something entirely different and make it a success.” Neville and Grede will sit alongside the regular panel of Peter Jones, Deborah Meaden, Touker Suleyman, Sara Davies and Steven Bartlett, running the rule over entrepreneurs seeking investment in their business ideas.

By Sarah Young LONDON (Reuters) -JD Sports Fashion said there had been some softening in trade in its North American

China took a further step to slow the slide in the yuan, setting its daily reference rate for

Now that the PGA Tour and European tour have a deal with the Saudis, one step is deciding how players can return from LIV Golf if they so choose