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6 stories found

International investmentDEVELOPING

UAE may cancel UK investments after Manchester City guilty verdict

The UAE has reportedly warned the UK government that Premier League actions could affect bilateral relations. Bloomberg and The Telegraph reported that Emirati officials may withdraw multibillion-pound investments after an independent commission upheld 114 of Manchester City’s 115 alleged financial-rule breaches.

  • The UAE may withdraw major UK investments over the fallout from the Manchester City case.
  • An independent commission upheld 114 of the club’s 115 financial-rule charges.
1 sources50% confidence
The Guardian Business
BusinessDEVELOPING

Trump discloses stock trades involving Microsoft, Nvidia, SpaceX and Tesla

US President Donald Trump disclosed more than 1,000 stock trades made on his behalf in July. The filings include transactions involving Microsoft, Nvidia, Palantir, SpaceX and Tesla; the White House said independent third parties manage the portfolio.

  • Trump’s July disclosure covers more than 1,000 stock transactions.
  • Microsoft share sales were valued at $6.5m to $31m.
1 sources93% confidence
BBC Business
International crimeDEVELOPING

Six Nigerians extradited to US over alleged $6m online romance scam

Six Nigerian nationals were extradited from South Africa to the United States over an alleged online romance scam. South African police said more than 100 US women were targeted and lost over $6m.

  • Six Nigerian nationals were extradited from South Africa to the US over an alleged online scam.
  • Police link the suspects to Black Axe and say more than 100 US women were targeted.
1 sources91% confidence
The Guardian World
WorldDEVELOPING

BRICS leaders gather in New Delhi as wars and U.S. tensions test bloc

Leaders of the 11 BRICS members are meeting in New Delhi to discuss trade, investment, energy and global conflicts. The summit is taking place amid the war in Ukraine, the Iran conflict and rising U.S.-China tensions.

  • Leaders of 11 BRICS countries are meeting in New Delhi on economic issues and conflicts.
  • Members are discussing wider use of national currencies in trade.
1 sources90% confidence
NPR World