The Glazer family, who own Manchester United, is thinking about selling the organisation Therefore they have started to look at “strategic alternatives.” Here are some potential purchasers for the Old Trafford club if the Glazers decide to proceed with the sale: Jim Ratcliffe Despite expressing interest in the 20-time English champions in August, British millionaire … Read more
Billionaire media magnate Byron Allen is moving into the Paradise Cove neighbourhood of Malibu. The 10,698 square foot house has eight bedrooms and twelve bathrooms and is situated on 3.6 acres above the seashore. According to The Wall Street Journal, Allen’s new home has been on the market since May with an initial price tag … Read more
Westpac-Melbourne Institute index of consumers in Australia sentiment slumps 4.5% in June from May when it dropped 5.6%. The drop follows the Reserve Bank of Australia’s (RBA) decision to raise interest rates by a surprisingly large 50 basis points. A proportion of consumers in Australia slid for a seventh consecutive month to match pandemic lows … Read more
KARACHI: The State Bank of Pakistan (SBP) on Monday said the limits of foreign currency buying by individuals have been set to discourage speculative transactions. The SBP has set a limit of $10,000/day/individual and $100,000/year/individual to check the foreign currency transactions. “It has been observed that substantial amounts of foreign currency was being purchased for … Read more
French luxury group LVMH has agreed to buy iconic New York jeweler ‘Tiffany & Co.’ for $16.2 billion. LVMH announced in a statement that it will purchase the 182-year old Tiffany and its 300 boutiques worldwide at $135 a share. The agreed deal is higher than the $14.5 billion cash offer LVMH made last month. … Read more
