Author: Admin
A senior executive at NatWest Group heads a pack of contenders to become the next boss of Rachel Reeves’s National Wealth Fund (NWF).Sky News has learnt that Oliver Holbourn, who is stepping down as chief executive of NatWest’s RBS International arm, is the current frontrunner to take the helm of the Treasury-supervised investment vehicle. Mr Holbourn is no stranger to Whitehall, having previously run UK Financial Investments, the entity set up to manage British taxpayers’ stakes in Lloyds Banking Group and Royal Bank of Scotland.Money blog: ‘My water bill has gone up by 50%’Both banks have since returned to full…
Published Tue, Jun 24, 2025 · 04:28 PM[TEL AVIV] Israeli Defence Minister Israel Katz said on Tuesday (Jun 24) he had ordered the military to strike Tehran after Iran fired missiles in violation of a ceasefire after 12 days of war.The Israeli military said it was working to shoot down Iranian missiles after detecting a launch.Israel had said on Tuesday a ceasefire was in effect after it had achieved all the goals of the bombing campaign against Iran that it launched on June 13. Iran had confirmed that it would halt retaliation if Israel’s bombing stopped.“In light of the achievement…
LA GRANGE, Ky. — LA GRANGE, Ky. (AP) — President Donald Trump and his political operation are working to unseat their first Republican incumbent: Kentucky Rep. Thomas Massie, who has drawn Trump’s wrath by saying the president lacked the authority to attack Iran’s nuclear sites without congressional approval and voted against his massive tax and spending cuts bill.Trump aides have launched a new super PAC devoted to defeating Massie in his 2026 primary, Axios first reported. It is the first concerted effort by his team to unseat a sitting member of Congress and sends a clear signal to other Republicans…
The move means that a key question over who will ultimately take over Charoen’s sprawling business empire remains unansweredPublished Tue, Jun 24, 2025 · 05:12 PM[BANGKOK] Thailand’s richest man Charoen Sirivadhanabhakdi distributed stakes in holding firms which control about 66 per cent of Thai Beverage to his five children, though stopped short of handing over full control of the drinks giant. The scions of the octogenarian billionaire put into effect a shareholders’ agreement which will confer on their father “the authority to manage and make all decisions in respect of the business and assets” of the entity, according to filings to…
[MUMBAI] The Adani group plans capital expenditure ranging between US$15 billion and US$20 billion a year over the next five years, billionaire Gautam Adani said, in his first appearance before shareholders since the US Department of Justice indicted him in November. The group, with interests in seaports to power generation, will see a new airport begin operations in a Mumbai suburb later this year, Adani told shareholders at the annual meeting of flagship Adani Enterprises on Tuesday (Jun 24). The group will also get a 10 GW integrated solar module plant operational by the next fiscal year, while targeting 100 GW…
Saudi Arabia’s Feras Albrikan scored equalizer off a rebound vs. Trinidad and Tobago.
LONDON :Britain’s competition regulator said it may force Google to rank businesses more fairly in search results, marking the first use of expanded powers to oversee the world’s biggest tech companies.The Competition and Markets Authority (CMA) is proposing to designate Alphabet-owned Google with “strategic market status”, it said on Tuesday, giving it more power to intervene in search services to increase innovation and economic growth.If confirmed in October, the designation could compel Google to enhance transparency for publishers, simplify access to rival search services and facilitate data portability for competitors.CMA Chief Executive Sarah Cardell said Google, which accounts for more…
LITTLE ROCK, Ark. — Arkansas state Sen. Fred Love announced Monday he’s seeking the Democratic nomination to challenge Republican Gov. Sarah Huckabee Sanders next year.Love, who represents a Little Rock district, said he was running “because I believe Arkansas works best when it works for all of us.”Love has served in the state Senate since 2023 and previously served six terms in the state House. As part of his announcement, Love said he will campaign on an economic development plan that includes expanded access to startup capital, infrastructure, and grants for small businesses.“We must stop measuring progress only by what…
BANGKOK — Stocks rallied Tuesday after U.S. President Donald Trump announced a ceasefire in the Israel-Iran conflict, although the situation remained unclear as attacks continued. Trump said Israel and Iran had agreed to a “complete and total ceasefire” soon after Iran launched limited missile attacks Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites over the weekend. Uncertainty remained, with Israel not immediately confirming any ceasefire. It was unclear what the missile launches would do for the ceasefire’s timeline.Trump’s announcement on Truth Social said the ceasefire wouldn’t begin until about midnight Tuesday,…
The U.S. dollar fell on Tuesday after President Donald Trump announced a ceasefire between Israel and Iran, in news that sparked a risk rally and a sharp drop in oil prices.Trump announced a complete ceasefire between Israel and Iran, potentially ending the 12-day conflict that led millions of people to flee Tehran and prompted fears of further escalation in the war-torn region.Israel has agreed to Trump’s proposal, saying it has achieved its goal of removing Tehran’s nuclear and ballistic missile threat. The yen and euro benefited from a sharp fall in oil prices as both the European Union and Japan…