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UN chief says fossil fuels 'incompatible with human survival,' calls for credible exit strategy
UN chief says fossil fuels 'incompatible with human survival,' calls for credible exit strategy
The head of the United Nations attacked fossil fuel companies Thursday, accusing them of betraying future generations and undermining efforts to phase out a product he called “incompatible with human survival.”
2023-06-16 01:18
How the Fed hid a rate hike in its rate
How the Fed hid a rate hike in its rate "cuts" for 2024
By Howard Schneider WASHINGTON The outlook from U.S. Federal Reserve officials at their meeting this week sees interest
2023-06-16 00:51
DeSantis signs record Florida budget, a campaign-ready spending plan boosted by federal dollars
DeSantis signs record Florida budget, a campaign-ready spending plan boosted by federal dollars
Florida Gov. Ron DeSantis on Thursday signed his state's budget, a $117 billion spending plan filled with priorities that have already become fodder for the Republican's 2024 presidential campaign.
2023-06-15 23:58
Manchester United considering giving bid exclusivity to Sheikh Jassim – Report
Manchester United considering giving bid exclusivity to Sheikh Jassim – Report
Sources close to Sheikh Jassim have declined to comment on a report that Manchester United are considering granting exclusivity to the Qatari in the race to buy the club. Sheikh Jassim made a fifth and final bid for the club last week and it is being reported that his offer is viewed more favourably by the club’s owners, the Glazer family, than a rival bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh’s team indicated nothing had changed from earlier in the week when a report from Qatar suggesting Sheikh Jassim had won the race to buy United was described as “pure speculation” by one source. The report on Thursday suggested that, if exclusivity was granted to Sheikh Jassim by the club, it would shut out the Ratcliffe bid for as long as the exclusivity period lasted. Sheikh Jassim’s bid has always been to buy 100 per cent of the club. It has been reported that Ratcliffe was offering to buy 60 per cent, allowing Avram and Joel Glazer to retain a combined 20 per cent, but the Ratcliffe camp has declined to comment on that point. Trading in Manchester United shares on the New York Stock Exchange was temporarily paused due to “volatility,” though shares resumed trading shortly afterwards, and were up 12 per cent on the day. A new company, Nine Two UK Holdings Limited, was also incorporated in the UK on Thursday as part of Sheikh Jassim’s preparations should his bid be successful. The PA news agency understands the paperwork was submitted months ago, with sources insisting the incorporation was simply part of getting things in order rather than an indication Sheikh Jassim’s offer had been accepted. The documents published on the Companies House website list Sheikh Jassim as an individual person with significant control of the company. He is listed as one of two directors, alongside Abdulrahman Abdulla Al Ansari. Al Ansari is also on the board of the Qatar Chamber, which describes itself as a non-profit public organisation whose mission is to represent, support and protect the interests of the business community in Qatar. Companies House says all shares in the new UK company are owned by Nine Two Holdings LLC, which was registered in Qatar in April. The listing confirms Sheikh Jassim was born in April 1982, making him 41 years old. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-06-15 23:48
US DOJ to investigate PGA Tour-LIV Golf pact - WSJ
US DOJ to investigate PGA Tour-LIV Golf pact - WSJ
The U.S. Justice Department has notified the PGA Tour that it will review its planned deal with Saudi-backed
2023-06-15 23:47
Paris Air Show returns with climate, defence in focus
Paris Air Show returns with climate, defence in focus
After a Covid-induced break, the Paris Air Show returns next week with the aerospace industry bouncing back from the pandemic but facing pressure...
2023-06-15 22:59
U.S. West Coast port customers 'relieved' by tentative labor deal
U.S. West Coast port customers 'relieved' by tentative labor deal
By Lisa Baertlein LOS ANGELES The National Retail Federation on Thursday said its members were "relieved" that U.S.
2023-06-15 22:48
Why Walmart's new bet on fashion brands, home decor threatens specialty chains
Why Walmart's new bet on fashion brands, home decor threatens specialty chains
By Siddharth Cavale Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons
2023-06-15 22:47
U.S. House Republicans target deeper spending cuts, raising shutdown threat
U.S. House Republicans target deeper spending cuts, raising shutdown threat
By David Morgan WASHINGTON U.S House of Representatives Republicans on Thursday adopted government spending targets for the next
2023-06-15 22:28
US retail sales rise in May; weekly jobless claims unchanged
US retail sales rise in May; weekly jobless claims unchanged
WASHINGTON U.S. retail sales unexpectedly rose in May as consumers bought motor vehicles and a range of other
2023-06-15 20:46
Rise of the cute robots
Rise of the cute robots
The red eye that refuses to be extinguished, the metal body that cannot be crushed -- for many of us the word "robot"...
2023-06-15 19:56
Futures falter as Fed forecasts further rate hikes
Futures falter as Fed forecasts further rate hikes
(Reuters) -U.S. stock index futures fell on Thursday as the Federal Reserve signaled that borrowing costs could increase further this
2023-06-15 19:53
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