By Selena Li and Summer Zhen HONG KONG Citadel Securities, one of the world's biggest market-making firms, is

TOKYO Japan's factory output fell more than expected in July, signalling a rocky start to the second half

By Amruta Khandekar and Matteo Allievi (Reuters) -European shares rose on Wednesday ahead of key U.S. inflation data which will

Chelsea are set to face further scrutiny from the Premier League over reports of payments connected to the club’s former owner Roman Abramovich. The Guardian has reported that Abramovich, a Russian billionaire who owned the club for 19 years until he was sanctioned by the British government last year, used offshore companies to make payments which appear to have been for the club’s benefit. The Premier League is already investigating the club after their new owners became aware of “potentially incomplete financial reporting” linked to the Abramovich era while completing their due diligence as part of the takeover and self-reported the information they discovered to the league and other regulators. The Premier League has not commented on Wednesday’s report, but it is likely it will now look closely at the information reported by the Guardian. A Chelsea spokesperson said: “These allegations pre-date the club’s current ownership. They are based on documents which the club has not been shown and do not relate to any individual who is presently at the club.” Chelsea’s stance under their new owners has been consistent – to examine any allegations of impropriety under the previous ownership as soon as they become aware of them. Abramovich bought Chelsea in 2003 and invested millions as the club enjoyed unprecedented success, including Champions League victories in 2012 and 2021 as well as five Premier League titles. He was forced to sell the club last year after his assets were frozen by the Government following the Russian invasion of Ukraine. The FA has confirmed it is investigating, although it is unclear at this stage whether its investigation relates to the information Chelsea self-reported or the new allegations. Chelsea entered into €10m (£8.7m) settlement with Uefa after also self-reporting the information which came to light during the 2022 takeover to European football’s governing body. PA Read More Ruthless Emma Hayes will fix USA’s ‘arrogance’ and ‘complacency’ How Conor Gallagher navigated ‘crazy’ Chelsea period to target Euro 2024 place Is Real Madrid v Chelsea on TV? Channel, time and how to watch

HOUSTON, Texas--(BUSINESS WIRE)--Jul 10, 2023--

Some relatives of the 190 deceased learned they may have been given fake cremated remains.

Max Verstappen said he can forget about extending his record winning streak after qualifying only 11th for Sunday’s Singapore Grand Prix. On a wild night under the 1600 bulbs that light up the Marina Bay Circuit, Aston Martin’s Lance Stroll also walked away from a staggering 110mph shunt, while Ferrari’s Carlos Sainz pipped the Mercedes of George Russell to land his second pole position in as many races. Charles Leclerc will start third ahead of Lando Norris and Lewis Hamilton. But it was the demise of Red Bull – the unbeaten tour de force of this most one-sided of seasons – that left those here in shock and awe. Verstappen’s team-mate Sergio Perez also failed to reach Q3. He will line up in 13th for Sunday’s 62-lap race. Verstappen warned earlier this week that the Red Bull machinery which has carried him to a record 10 consecutive victories would not be suited to this unique 3.07-mile high-downforce circuit. Yet, nobody could have foreseen him being sent for an early bath along with Perez in the other car. Verstappen was straight on the radio to express his dismay. “I don’t know if you saw that, but that was just f***** shocking,” he said. “Absolutely shocking experience.” Verstappen’s Red Bull team, without a defeat in the 14 rounds so far, now face an improbable task of making history by becoming Formula One’s first ‘Invincibles’. “You can forget about that (a victory),” said Verstappen. “I don’t want it to sound too dramatic but it has been a tough weekend, and it is a long, long time since it has been like this in qualifying.” Verstappen last started this far back in Saudi Arabia when a driveshaft failure consigned him to 15th at the second round in March. He finished runner-up to Perez. But the streets of Singapore, unlike those in Jeddah, are strenuous to overtake on. Indeed, eight of the last 13 races here have been won from pole. “You cannot pass here,” added Verstappen. “You need to be one and a half, to two or three seconds faster than the car in front which we are not. It will be a very tough and long afternoon. I am confident the car will be fast again in Suzuka next weekend Max Verstappen “On other tracks you can start last and win, but not in Singapore. I want to win, but when it is not possible you have to accept that. “I knew there would be a day that I wouldn’t win. I had a really good run up until now. “And I would always take a season where we are winning as much as we have, and have one really bad weekend, over the other way round when you are not fighting for the championship. I am confident the car will be fast again in Suzuka next weekend.” Red Bull’s sudden malaise cleared the way for Sainz to capture another pole, a fortnight after he secured top spot in qualifying in Monza. However, Russell ran the Spaniard close, finishing just 0.072 seconds back, and the Englishman believes he has a strong chance of landing Mercedes’ first win of the campaign and the second of his career. The Silver Arrows have also followed a unqiue strategy this weekend that leaves Russell with an extra set of medium tyres which could provide him with the tactical edge over Sainz. “George has a really good shot at winning and I really hope he does,” said team-mate Hamilton, who qualified half-a-second back on disappointing evening for the seven-time world champion. “I hope he gets a good start and gets ahead of the Ferraris. That would be amazing for him and for the team. “For me, I will see what I can do. If I get further up then great. I changed the car last night and I don’t know what is going on with it. It is the hardest car I have ever driven to get right.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Lance Stroll cleared to race in Singapore after high-speed qualifying crash Lance Stroll crashes into barrier at 110mph in Singapore Grand Prix qualifying Max Verstappen struggles in Singapore practice under the lights

By Jeff Mason WASHINGTON U.S. presidents have generally reserved an address from the White House's Oval Office for

The vessel that went missing Sunday in the North Atlantic while exploring the Titanic’s wreckage is a submersible not a submarine, and there is a key difference

The event, initially hailed as a progressive step towards inclusion, was scheduled to take place as part of the Berlin Swimming World Cup

"Barbie" comes roaring out of the gate with an inventiveness and energy the movie perhaps inevitably can't sustain. Amid all the hype that has made its release an increasingly rare movie-going occasion, director Greta Gerwig's film proves an admirably ambitious attempt to ponder where Barbie fits in the 21st century -- less than it could be, but pretty close to being what it should be.

Northern Quebec’s largest town was being evacuated as authorities turned their attention to communities in the northern and northwestern parts of the province where firefighters worked to beat back threats from out-of-control blazes