Canada Unemployment Rate Rises to 5.8%, Job Gains Top Forecast
Canada’s labor market beat expectations with jobs gains, but a rising unemployment rate and a drop in hours
2023-12-01 21:50
TikTok Seeks to Avoid EU Clutches Amid Fight Over Digital Law
TikTok owner ByteDance Ltd. urged European Union judges to suspend a decision by regulators to force the video-sharing
2023-12-01 21:49
Everton launch appeal over 10-point deduction
Everton have appealed against the club’s 10-point deduction in the Premier League. An independent commission imposed a 10-point deduction on Everton with immediate effect after breaching the Premier League's profit and sustainability rules. The club were sanctioned on November 17 for a breach of the Premier League's profit and sustainability rules and have 14 days to lodge an appeal. The club confirmed they were “shocked and disappointed” by the ruling, which left them in the relegation zone, having previously sat 14th in the table and eight points above the bottom three. A statement from the club read: “Everton Football Club has today lodged with the Chair of the Premier League’s Judicial Panel its appeal of the decision by a Premier League Commission to impose a 10-point deduction on the Club. An Appeal Board will now be appointed to hear the case.” The decision has been criticised by many, including mayor of Greater Manchester Andy Burnham, who hit out at the Premier League by claims that it is guilty of “regulatory malpractice” and “abuse of process”. The league responded by insisting that it “entirely refuted his allegations.” Burnham, an Everton season-ticket holder, wrote an open letter to Premier League chair Alison Brittain in which he said there had not been a fair process when enforcing the deduction. Everton were deemed to have breached Profit and Sustainability Rules by an independent commission, which determined they had losses of £124.5m over three years – £19.5m over the permitted threshold. But Burnham, a former Secretary of State for Health, was critical of the Premier League for adopting a sanctions policy in August, after Everton had been charged and before their case was heard. “The fact that the Premier League sought to introduce a new sanctions policy in the middle of this process amounts, in my view, to an abuse of process,” he wrote.
2023-12-01 21:28
BMO Earnings Miss on Higher Costs Tied to Bank of the West
Bank of Montreal missed analysts’ earnings estimates as the company reported higher expenses related to the integration of
2023-12-01 21:21
BYD Has Tesla in Its Sights as EV and Hybrid Sales Hit Record
BYD Co.’s sales of electric and plug-in hybrid vehicles hit a record in November, helped by price cuts
2023-12-01 21:20
Roundup: Anya Taylor-Joy As Furiosa; Bronny James Cleared to Return to Basketball; Pistons Go Winless in November
First look at Anya Taylor-Joy as Furiosa, Bronny James has been cleared to play basketball, the Pistons went 0-16 in November and more in the Roundup.
2023-12-01 20:29
Joao Felix bites back at Antoine Griezmann over criticism of attitude
Joao Felix responds to Antoine Griezmann's criticism of his attitude during his time at Atletico Madrid.
2023-12-01 20:28
First Quantum starts international arbitration on Cobre Panama mine
First Quantum Minerals will suspend its current-year production outlook for the Cobre mine in Panama and has initiated
2023-12-01 20:22
Average 60/40 portfolio has best month in November since 1991 - BofA
LONDON November was the best month in over three decades for a classic stock and bond portfolio, as
2023-12-01 19:59
'AI is about to turn our world upside down...' Peter Gabriel predicts the impact Artificial Intelligence is going to have on music
Legendary singer/songwriter Peter Gabriel believes that Artificial Intelligence will be able to make better music than him in the near future.
2023-12-01 19:55
Paolo Maldini responds to Man Utd sporting director links
Paolo Maldini responds to links with Man Utd's sporting director role under Sir Jim Ratcliffe.
2023-12-01 19:52
Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH.
2023-12-01 18:51