LONDON: Premier League chief executive Richard Masters has responded to a plea for clarity over the failed takeover of Newcastle United. PCP Capital Partners' largely Saudi-funded £340 million bid to buy the Premier League club collapsed recently. Newcastle fans are unhappy with the failure to ...
BERLIN: Germany is declaring nearly all of Spain, including the tourist island of Mallorca, a coronavirus risk region following a spike in cases there, government sources told Reuters on Friday (Aug 14). The move deals a blow to hopes for a swift revival of mass tourism after months of...
Fortnite creator Epic Games found support from its legions of gamers, Tinder-owner Match Group and Spotify for suing Apple and Google after the tech giants dropped the popular video game from their app stores for violating payment guidelines.
WASHINGTON: US factory output increased more than expected in July, boosted by a surge in motor vehicle production, though activity remained below its pre-COVID-19 pandemic peak. The Federal Reserve said on Friday that manufacturing production rose 3.4 per cent last month after advancing 7.4 per ...
U.S. business inventories declined again in June as sales continued to accelerate amid pent-up demand as establishments reopened after being shuttered to slow the spread of the novel coronavirus.
U.S. consumer sentiment was largely steady in the first half of August, despite a continued rise in new COVID-19 cases and the expiration of a US$600 weekly unemployment benefit supplement.
The U.S. economy will expand at a much faster rate in the current quarter than previously expected, but the outlook looks weaker for growth and job creation in the fourth quarter and beyond, according to a Philadelphia Federal Reserve survey released on Friday.
U.S. factory output increased more than expected in July, boosted by a surge in motor vehicle production.
The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart Inc and Target Corp , said on Friday it has joined over a dozen trade groups to form a coalition to fight counterfeit goods on online platforms such as Amazon.com Inc .
Futures linked to the S&P 500 and Dow dipped on Friday as data showed domestic retail sales growth slowed more than expected in July, adding to worries about a wobbly post-pandemic economic recovery in the absence of a new U.S. fiscal stimulus bill.
