Factbox-Amgen-Horizon deal joins mega mergers facing regulatory heat
A U.S. antitrust regulator said on Tuesday it will sue to stop Amgen's $27.8 billion deal for Horizon
2023-05-16 23:59
Ed Woodward accepts first job since Man Utd departure
Former Manchester United executive vice-chair Ed Woodward has accepted a first job since departing Old Trafford last year. Woodward has joined the board of educational esports company EStars as a non-executive director. EStars is “at the heart of the fastest-growing sport in the world”, using esports to bring classmates together, both during and after school hours, to foster great academic goals, inclusion, diversity and positive outcomes. Ex-Newcastle, Netherlands and current Norwich goalkeeper Tim Krul has been a shareholder in the company since its inception in 2017 and Woodward explained his decision to accept the new role. He said: “When you put together esports, education and a dynamic region such as the Middle East, where curriculum decisions can be made faster than Europe, it is a recipe for success. “Joining the team is an easy decision when you add the exceptional leadership and entrepreneurial energy of Mags [founder Mags Byrne]. I’m excited about EStars delivering a path of learning for the next generation in the (relatively) new industry of esports.” Having qualified as a chartered accountant and then worked at JPMorgan as an investment banker, Woodward joined Man United in 2005 to oversee their commercial operations, having advised the Glazer family on their purchase of the club. He was appointed to the board of directors in 2008 and became executive vice-chair in 2013 when David Gill retired. He became an incredibly unpopular figure at Old Trafford due to his association with a Glazer regime that fans turned against and despite the £1bn he sanctioned in transfer fees, his tenure is regarded as a failure, with the club struggling on the pitch – in relative terms at least – in the post-Sir Alex Ferguson era. It has been mooted that he could help the Glazer family negotiate any potential sale of Manchester United as the takeover saga drags on. Read More What would a Sir Jim Ratcliffe takeover mean for Manchester United Erik ten Hag unsure what funds will be available to strengthen Man Utd’s squad Louis Van Gaal suggests Ed Woodward’s departure from Man Utd could spell success
2023-05-16 23:58
BlackRock Pushes Employees Back to Office Four Days a Week
BlackRock Inc. is calling employees back to offices at least four days a week, telling staff that the
2023-05-16 23:24
Walmart investors eye margins amid grocery focus
By Siddharth Cavale NEW YORK When Walmart reports earnings Thursday, investors will get an even closer look at
2023-05-16 23:20
FTC Commissioners yet to meet on Amgen-Horizon deal - CNBC
Commissioners at the U.S. Federal Trade Commission (FTC) have not yet met to discuss Amgen's acquisition of Horizon
2023-05-16 22:55
Elon Musk said he must approve all hiring decisions at Tesla
Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters.
2023-05-16 22:53
US manufacturing production surges in April on motor vehicles
WASHINGTON Production at U.S. factories surged in April, driven by an increase in output at motor vehicle plants,
2023-05-16 22:29
Federer-Backed Shoemaker Drops as Revenue Surge Fails to Impress
Swiss shoemaker On Holding AG fell after posting earnings and sales growth that failed to satisfy investors after
2023-05-16 22:29
US homebuilder sentiment rises to 10-month high in May
WASHINGTON U.S. homebuilder sentiment rose to a 10-month high in May as tight housing supply boosted demand for
2023-05-16 22:28
Biden and McCarthy slated to meet again Tuesday to discuss raising the nation's borrowing limit
Anyone looking for clues at how talks to raise the nation's borrowing limit and avoid a historic default are progressing between President Joe Biden and congressional Republicans might be confused ahead of a high-stakes meeting at the White House on Tuesday.
2023-05-16 22:21
Israel economy grows 2.5% in Q1, likely clinches another rate hike
By Steven Scheer and Maayan Lubell JERUSALEM Israel's economy slowed less than expected in the first quarter of
2023-05-16 21:59
Two online brokerages to remove China apps as Beijing data crackdown widens
SHANGHAI/HONG KONG (Reuters) -Online brokerages Futu Holdings Ltd and UP Fintech Holding Ltd will remove apps in mainland China amid
2023-05-16 21:47