EU and US Delay Key Trade Meeting Amid Deadlock in Negotiations
A trade meeting between the US and European Union due to take place next month is expected to
2023-11-23 23:17
Wilders Election Win Leaves Dutch Business on Edge
A far-right election victory and the likelihood of tricky coalition talks have put Dutch businesses on edge about
2023-11-23 23:16
Germany to Suspend Borrowing Limit Again After Budget Ruling
Germany will suspend a constitutional limit on net new borrowing for a fourth consecutive year after Chancellor Olaf
2023-11-23 22:59
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
South Africa Holds Rates Again at Last MPC Meeting of 2023
South Africa’s central bank kept its benchmark interest rate unchanged, while warning that inflationary risks persist and that
2023-11-23 22:49
Trader Error Causes Huge Plunge in Finnish Power Prices
Kinect Energy AS said that an “internal system error” was behind its offer to sell a massive amount
2023-11-23 22:46
OPEC+ Says Delayed Meeting Will Be Held Online
The OPEC+ meeting that was pushed back by several days to Nov. 30 will now be held online,
2023-11-23 22:46
Klarna Wins Regulatory Approval to Offer Credit, Payments in UK
Klarna Bank AB won approval to offer credit and payment products in the UK, though the new authorization
2023-11-23 22:25
‘Grass ceiling’ facing black footballers highlighted by new diversity data
New diversity data and hiring statistics further highlight the “grass ceiling” facing black footballers, the co-founder of the Black Footballers Partnership has said. BFP data published earlier this year found black players make up 43 per cent of those active in the Premier League. However, statistics released by the Football Association on Wednesday show that only 7.4 per cent of people in senior leadership roles at the 53 clubs signed up to its Football Leadership Diversity Code are black, Asian or mixed heritage. The figure was only slightly higher in team operations (8.9 per cent) and only 10.5 per cent among senior coaches. The clubs also failed to hit any of the code’s eight diversity hiring targets in the 2022-23 season, with the FA accepting the hiring rates are too low to drive the necessary rapid change in representation. The FA is consulting on a new rule to force clubs to report biannually on their workforce, and BFP co-founder Delroy Corinaldi feels if the game cannot get this right, there could be a future role for the independent regulator in ensuring compliance. “Black players have been told time and again by the FA that you need to give the code time to work,” Corinaldi told the PA news agency. “How much time do they want? If the FA can’t deliver, it needs to hold its hand up. “Black players are nearly 50 per cent of your (playing) workforce. The signal you’re sending to those people is that once you get to your 30s, it’s punditry or leave the game, because there is a real ‘grass ceiling’ the FA is doing little to remove. “How disheartening and soul-destroying is that? “This government has said they’re not having diversity as part of its football governance regime. But maybe we need to look at that again. An industry where nearly half the key staff are blocked from promotion is not a functioning one. “We need to get all the authorities in and we need to get serious about this problem, otherwise it will continue for generation after generation.” FA chief executive Mark Bullingham admitted in the foreword to this year’s FLDC report that the game was making “slower progress” towards diversifying at the executive, operations and coaching level than had been hoped. He believes mandating clubs to report workforce data represents a “critical change for football which futureproofs our approach for years to come”. “There is no silver bullet to solving these challenges and we know that this alone will not drive all of the change we want to see. “But publishing who we are, measuring that regularly and setting targets that stretch clubs to do better is a big step forward. It will be for clubs to set their own targets based on local factors, but it will help provide a clear statement that football is tackling diversity head-on.” Read More Wales boss Rob Page hails ‘great opportunity’ after Euro 2024 play-off draw PCA calls for action over ‘unsustainable’ men’s domestic cricket schedule Who are the contenders to replace Stephen Kenny as Republic of Ireland boss? On This Day in 2008 – Ricky Hatton dominates Paulie Malignaggi in Las Vegas New sponsor to help 460 clubs in Women’s FA Cup market themselves with AI app Stephen Kenny believes he leaves behind a ‘great job’ for Ireland successor
2023-11-23 22:25
UAE Tightens Scrutiny on Russian Firms Amid Pressure From US
Russian firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the
2023-11-23 22:19
Panama Copper Mine Is Winding Down Amid Blockade, Union Says
First Quantum Ltd.’s copper mine in Panama is winding down operations as a blockade of small boats at
2023-11-23 22:16
Sir Jim Ratcliffe considers former Liverpool sporting director to oversee Manchester United’s new era
The Glazer family and Sir Jim Ratcliffe are still discussing the legal points of what the ownership structure of Manchester United would look like after INEOS’ takeover of a 25 percent stake, having agreed on the broad principles of the purchase. The prospective deal has been described by those involved as one of the most complicated in the long recent list of football takeovers, due to the distinctive condition of the minority owner taking full control of the sporting side of the club. It is understood that Ratcliffe’s eventual football staff would not have to run major decisions past the Glazers, as has been the case for the last decade. The main legal terms that have to be settled now are exactly how the separation would work, particularly as INEOS has been insistent on a potential path to majority ownership through equity. That may involve compromise on both sides to get this crucial initial agreement over the line, which has slowed what has already been a glacial structure. The Independent has been told that negotiations on a minority stake have actually been taking place since May, with INEOS quickly realising that the Glazers had no real intention of selling outright. As regards the eventual football structure, there have been tentative private conversations, but Ratcliffe and his staff want to properly survey how the club works when they are in place before making firm decisions. That means any overt influence in January is unlikely, if the deal is even confirmed by then. Former Liverpool sporting director Michael Edwards is admired by INEOS, to go with talk of Paul Mitchell and Dougie Freedman. It is uncertain, however, whether Edwards would want to get back into football. Any such appointments would form a group feeding up to Jean-Claude Blanc under Ratcliffe, with input from Sir Dave Brailsford. As regards when confirmation may finally come, those involved are waiting for the green light, since the stock exchange has to be informed within 24 hours. The nature of the discussions so far, however, has taught everyone not to be definitive about timeframes. Read More Manchester United takeover reaches one-year mark with Sir Jim Ratcliffe set to secure stake Manchester United CEO Richard Arnold steps down as Ineos era nears Harry Maguire ‘showing he can do the job’ – Erik ten Hag Rumours: Sancho and Antony head up Man Utd’s 15-player sale list Who are the contenders to replace Stephen Kenny as Republic of Ireland boss? Manchester United handed Luke Shaw fitness boost ahead of Everton match
2023-11-23 21:57