News

Chelsea FC $5.33bil bid approved

Published

3 years ago

May 25, 2022

ticker NEWS

A takeover bid for Chelsea football club has been approved by the Premier League

46-year-old American Todd Boehly’s $5.33 U.S. billion dollar deal is given the go-ahead.

The L.A. Dodgers co-owner heads a multi-billion dollar consortium.

The club came up for grabs when the former owner and Russian oligarch Roman Abramovich was sanctioned amid the war in Ukraine.

A takeover has been hanging in the balance but now Premier League bosses have given their approval to Boehly passing the required owners and directors tests with flying colours.

However, it’s not signed, sealed and delivered yet the purchase remains subject to U.K. Government approval.

Regardless, a takeover must go through by May 31 for Chelsea to compete in next season’s Champions League.

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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

Published

59 minutes ago

October 31, 2025

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews

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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

Published

1 hour ago

October 31, 2025

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

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