Canada Inflation Slows, Easing Pressure for July Rate Hike
Canadian inflation slowed to its weakest pace in two years and core measures edged lower, reducing pressure on
2023-06-27 21:28
These Are the Best Restaurants in Singapore, According to Michelin
The news in the Singapore restaurant world is that there’s not much news. There were no new three
2023-06-27 21:21
INSTANT VIEW: Canada annual inflation rate slows to 3.4% in May
TORONTO Canada's annual inflation rate slowed to 3.4% in May on lower prices for gasoline as a result
2023-06-27 21:15
Millennial Money: You're not too young to make a will
Contrary to popular belief, estate planning isn’t just for older adults or the wealthy, as unexpected circumstances can affect anyone regardless of age or financial status
2023-06-27 20:59
US core capital goods orders unexpectedly rise in May
WASHINGTON New orders for key U.S.-manufactured capital goods unexpectedly rose in May, but the prior month's data was
2023-06-27 20:47
Manchester United expecting record annual revenue as takeover saga continues
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.
2023-06-27 20:22
America's 10 Most Beautiful—and Surprisingly Affordable—Places to Live
Great location doesn't equal high real estate prices in these American cities.
2023-06-27 20:21
Walgreens Falls as Forecast Slashed on Reduced Covid-19 Demand
Walgreens Boots Alliance Inc. shares tumbled after the pharmacy giant slashed its adjusted earnings forecast for the fiscal
2023-06-27 20:18
Extreme weather is hitting parts of the US. That's bad news for the economy
We've all heard Wall Street bigwigs compare the looming recession to gathering storm clouds, hurricanes, and heavy fog. But what happens when those weather events are no longer just analogies?
2023-06-27 19:56
Brazil central bank signals possibility of rate cut in August by majority view
BRASILIA Brazil's central bank signaled on Tuesday that a majority of its policymakers see a possibility of initiating
2023-06-27 19:56
Walgreens cuts profit forecast on lower COVID vaccine demand
(Reuters) -Walgreens Boots Alliance on Tuesday cut its profit forecast for the year on lower demand for COVID-19 tests and
2023-06-27 19:50
More than 1,600 US flights delayed or canceled due to severe storms
Disruptions for air travelers continued Tuesday with more than 1,600 flights across the United States delayed or canceled after powerful storms ripped through the parts of the country, including in the Mid-Atlantic and parts of the Northeast where many busy hubs are located.
2023-06-27 19:25
