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
What Is the Longest Song Ever Recorded?
The Guinness World Record holder for longest song ever is based on a 16th-century Indian poem.
2023-11-23 22:21
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
Why Man Utd could be banned from the Champions League after takeover
Why INEOS' takeover of Man Utd could theoretically lead to a Champions League ban.
2023-11-23 21:45
What The Autumn Statement Means For Economy, Markets and Your Money
In a live Q&A on the Markets Today blog, we asked experts from across the newsroom for their
2023-11-23 21:22
20 Thanksgiving Facts to Liven Up Your Meal
When your uncle starts to talk politics, get the conversation back on track with these Thanksgiving tidbits instead.
2023-11-23 21:20
Thanksgiving Adds 46 Million Turkeys to Truckers’ Chilled Cargo
If you think delivering the perfect Thanksgiving turkey from brine bucket to dinner plate takes precision, you should
2023-11-23 20:53
German Budget Mess Could Inflict Big Growth Hit in 2024, BE Says
Germany’s economy may grow next year by less than half the pace it could otherwise have achieved as
2023-11-23 20:51
Mexico’s Inflation Ticks Up as Banxico Holds Key Rate Steady
Mexico’s annual inflation sped up roughly in line with expectations in early November as central bankers begin to
2023-11-23 20:24
Bearish Oil Options Hit Record Volumes as OPEC+ Delays Meeting
Oil options trading took a sharply bearish turn as the OPEC+ producer group postponed a pivotal output-policy meeting
2023-11-23 19:55