Man City was accused of misleading the Premier League over finances

LONDON – Manchester City was accused by the Premier League on Monday of providing misleading information about its finances over a nine-year period when the club was attempting to establish itself as a force in English and European soccer following its takeover by Abu Dhabi’s ruling family. The explosive development came after a four-year investigation ... Read More

Housing shows signs of stabilizing to round out 2022

The housing market has borne the brunt of the Federal Reserve’s aggressive interest rates. But mortgage rates are now on a downswing, with the average 30-year fixed mortgage slipping to 6.09% as of last week, according to Freddie Mac. That’s down from a peak of over 7% in November. “Interested buyers are out there,” Odeta ... Read More

Get informed before signing up for vehicle finance

this article is Sponsored This story was created by Content Works, Postmedia’s commercial content division, on behalf of a client. by OMVIC Breadcrumb Trail Links Sponsored News Do your research and get everything in writing to minimize risks and secure the right deal Published January 21, 2023 • Last updated Jan 21, 2023 • 4 ... Read More

DeFi should complement TradFi, not attack it: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the ... Read More

Nasdaq jumps 2.7% as tech leads Friday inventory rally

US shares rallied on Friday, closing out the week on an upbeat be aware, led by robust positive factors within the tech sector. The S&P 500 (^GSPC) completed Friday up 1.9%, although it nonetheless closed the week down 0.7%. The Dow Jones Industrial Common (^DJI) elevated 1.0% on Friday. The technology-heavy Nasdaq Composite (^IXIC) closed ... Read More

G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation

By Tetsushi Kajimoto TOKYO (Reuters) -Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the broader G20 meeting in India, Japanese Finance Minister Shunichi Suzuki said on Friday. The G7 groups Britain, Canada, France, Germany, Italy, Japan and the United States. “Support for Ukraine, ... Read More

Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages

(Bloomberg) — Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and further strain household budgets. The new special consumption taxes on different types of fuel — including gasoline and diesel — were published in the Official Gazette. The increase will help meet financing needs stemming from ... Read More

More than 1.2 billion euros in Russian assets frozen

NICOSIA, Cyprus (AP) — Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine, Cyprus’ Finance Ministry said Tuesday. The ministry told The Associated Press “the vast majority” of those assets were held in European Union credit institutions ... Read More