The England and Wales Cricket Board (ECB) has received a £400m private equity approach that would see it relinquish majority ownership of The Hundred while raising funds to inject into the sport’s cash-strapped counties. Sky News has learnt that the governing body has in recent weeks been handed an offer from Bridgepoint Group, the London-listed … Read more
London/New Delhi CNN Business — Indian billionaire Gautam Adani’s business empire is planning to raise nearly $2.5 billion in a new share offering as it pushes to expand into new areas. Adani Enterprises, the flagship company of the Adani Group, said in a stock exchange filing on Friday that its board had given approval to … Read more
Flagship stores in NYC are a big deal. Many world-renowned luxury brands have their flagship stores on 5th Avenue. But also in SoHo and the Meatpacking District there are some notable flagship stores you should check out. Flagship stores act as showcases for the retailer or brand, working to draw customers into the brand for … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Publishing date: Oct 28, 2022 • 26 minutes ago • 3 minute read … Read more
The US Department of Defense has temporarily halted all F-35 fighter deliveries after learning that the warplane contained a component made from an alloy sourced in China, which violates federal acquisition rules, the Pentagon said on Wednesday. The department noted that the reason behind the suspension was a magnet in the engine, which used a … Read more
The House of Representatives has approved the $700bn climate, health and tax bill championed by Joe Biden and congressional Democrats, completing a significant legislative victory for the US president and his party. The lower chamber of Congress voted on the legislation on Friday following its final passage in the US Senate this past Sunday. It … Read more
The US Senate has passed president Joe Biden’s flagship economic package after a marathon overnight voting session that handed the president a major political victory just months before the midterm elections. The climate, tax and healthcare bill, known as the Inflation Reduction Act, passed by 51 votes to 50, with voting split along party lines … Read more
Democrats took a big step forward on Joe Biden’s flagship climate, tax and healthcare legislation on Thursday night after Kyrsten Sinema, the Senator from Arizona, expressed support for the plan following days of heated intraparty negotiations. Sinema’s backing was clinched after a last-minute change to the bill introducing a 1 per cent excise tax on … Read more
Chase Coleman’s hedge fund Tiger Global ended the second quarter nursing heavy losses amid a tech stock rout that has caused performance across one of the world’s largest hedge funds to plummet. A long-only fund the firm manages ended the second quarter down 63.6 per cent after fees, according to a letter sent to investors … Read more