Premier League introduces new Owners’ Charter in wake of European Super League saga May 3, 2021 The Premier League will require all clubs to sign up to a new Owners’ Charter, committing them to the principles of football. The Premier League has taken action to prevent a repeat of its clubs threatening to breakaway in response to the Super League fallout. Six top-flight teams, including Manchester United and Liverpool, announced late [...]
Cruise operator Saga in talks with lenders as debt mounts January 26, 2021 Over 50s holiday and insurance provider Saga revealed this morning that it is in talks with lenders about its debt levels as restrictions on travel during the pandemic continue to have a negative impact on its business. Saga it has “significant liquidity and headroom to the current covenants in short term bank facilities”, but it [...]
Boris Johnson stands at the crossroads of another Huawei saga if Amazon Web Services crushes UK cloud products June 18, 2021 Cloud computing in the UK is at a crossroads: on one path is a vibrant domestic growth sector able to compete on the international stage, down the other is an industry dominated by a few Big Tech giants and stymied by policy inaction. In recent years, British tech companies are being overlooked time and time [...]
Rightmove still in play after REA walks away, analysts say October 1, 2024 Rightmove may have seen off Murdoch-owned REA’s unsolicited bids for the company, but the saga is likely to set more would-be bidders on the property platform’s tail, analysts have said. Its share price fell about seven per cent at the start of this week on news that Australian property firm REA had walked away from [...]
EU considers crackdown on short-selling following GameStop saga February 25, 2021 Ugo Bassi, director of Financial Markets in the European Commission’s DG FISMA (Financial services), said today the EU may consider tweaking disclosure rules for short selling to create more transparency. During a meeting of the European Parliament’s committee on economic and monetary affairs, he said he could envisage the possibility of lowering the 0.5 per cent [...]
Robinhood executives join Reddit traders in grilling over Gamestop saga February 18, 2021 Reddit investors, hedge funds and online brokerage executives took to the Capitol in Washington this afternoon for a groundbreaking hearing into last month’s Gamestop saga. In a landmark case that could rip up the rulebook on Wall Street, the House Committee on Financial Services called witnesses to unpack last month’s events, including the chief executives [...]
Wall Street and FTSE 100 push higher as markets shrug off Astrazeneca saga March 16, 2021 Wall Street rose to record highs this afternoon as tech stocks gained momentum ahead of a two-day policy meeting for the Federal Reserve. The S&P 500 was up 0.27 per cent to an all-time high while the tech-heavy Nasdaq jumped 1.17 per cent, extending a rebound in stocks following last month’s sell-off. The Dow Jones [...]
Horner accuser rejects lucrative offers to reveal all on Red Bull complaint March 26, 2024 The suspended Red Bull employee at the centre of allegations relating to Formula 1 boss Christian Horner has rejected lucrative offers to sell her story, City A.M. understands. She was suspended by the team just days after Horner saw claims of inappropriate behaviour dismissed by what Red Bull called a “fair, rigorous and impartial” process. [...]
The story of a saga of collectors and the museo Carmen Thyssen Málaga December 15, 2020 The Thyssen-Bornemisza Collection, which is one of the most important art collections of the 20th century, was formed in only two generations. Its precursor was August Thyssen, the second Baron’s grandfather, who exchanged letters with the sculptor Rodin and even acquired several of his works. August’s third son, the first Baron Thyssen, managed to gather [...]
Saga to require holidaymakers to get Covid-19 vaccine before travel January 20, 2021 Over-50’s holiday provider Saga has announced that all customers will be required to have a Covid-19 vaccination travelling on the firm’s cruises or package holidays. The firm said it is preparing to restart its travel business in May – delayed from the planned April date – to allow customers time to receive a jab. Customers [...]