Business

Liverpool owners close to £1.35bn sale of 30% stake to consortium including Jeff Bezos

Group including Amazon founder has held talks with FSG Bhatia and Facebook co-founder Saverin also involved A consortium including Amazon founder Jeff Bezos is close to completing a deal for a 30% stake in Liverpool after months of talks…

After Burnham’s ‘rip-offs’ crackdown, what more could PM do to help us save money?

From ticket booking fees to parking, here are six other things he could fix Andy Burnham has announced a ban on fake discounts and made it easier to cancel unwanted subscriptions in an effort to improve life for UK consumers. In the long…

Glencore Consortium Offers Rival Bid for Troubled Canadian Miner

A consortium including Glencore Plc proposed a rescue deal for troubled Canadian miner Sherritt International Corp., offering a potential alternative to an earlier plan from an ally of US President Donald Trump.

How Oil Price Swings Are Creating New Opportunities for African Traders

Discover how oil price swings create new CFD trading opportunities for African traders. Understand the impact on inflation, currencies, and indices. Read More…

Lebanon indicts ex-central bank governor Salameh over new alleged financial crimes

BEIRUT, Aug 10 - A Lebanese judge on Monday indicted former central bank governor Riad Salameh and a former commercial banker, accusing them of financial crimes including embezzlement and illicit enrichment, a senior Lebanese judicial…

SpaceX stock rebounds to near $135 IPO price

SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.

Russian Central Bank Urges Lenders to Support Businesses Impacted by Wildberries Warehouse Attacks

A senior executive at Sberbank said the state-backed lender has already received around 2,000 applications for loan restructuring from business owners impacted by the attacks.

US Futures Drop as Focus Turns on Chipmaker Earnings, Inflation

US stock futures are lower during the premarket session on Monday as investors gear up for the final stretch of earnings. Earnings this week from chipmakers could provide confirmation for the long-winded debate over chip valuations.

Microsoft Plans Production Boost for AI Chips, Information Says

Microsoft Corp. is planning to “significantly” increase production of its next-generation AI chips, The Information reported.

A Hot CPI Report Causes Problems for Fed, Caron Says

Jim Caron, CIO of portfolio solutions for Morgan Stanley Investment Management, says a hot CPI report on Wednesday could cause problems for the Federal Reserve. Caron says higher nominal growth is driving equity prices higher. He speaks on…

Bank of Russia advises lenders to support entrepreneurs affected by terrorist attacks

The regulator also urged lenders not to charge fines or penalties for overdue payments to entrepreneurs affected by terrorist attacks, and not to demand early loan repayment

Microsoft plans to unveil its new Maia 300 AI chip this fall, The Information reports