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MYSTERIOUS: 8 | Mind Blowing Facts

Australian shares dip, snapping six-day winning streak

The local share market has finished 0.2 per cent lower after a Federal Reserve official pushed back on the idea of rate cuts in early 2024.

AAP

Choice Hotels launches hostile takeover bid for rival Wyndham after being repeatedly rebuffed

Choice Hotels is launching a hostile takeover offer for Wyndham Hotels & Resorts after attempts to reach a deal with the hotel chain were rebuffed

The Independent UK

Rode acquires Mackie in a move that will benefit content creators

Rode completed its acquisition of legendary audio maker Mackie in a move that will improve the quality and availability of audio products.

Laptop

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Alaska Airlines is buying Hawaiian Airlines. Will the Biden administration let the merger fly?

Alaska Airlines says it will buy Hawaiian Airlines for $1 billion

The Independent UK

A Major Amusement Park Merger May Be In The Works And It Could Happen Soon

Two of the biggest amusement park companies may be about to become a single massive organization.

Cinemablend

Twitter: What's changed in the year since Elon Musk took over

The platform's rambunctious owner has paywalled features, forced recommended posts on users, and completed a divisive rebrand

Evening Standard

‘Musk destroyed all that’: Twitter’s business is flailing after a year of Elon

Advertisers are spending less, regulators are circling, staff is at less than 50% of what it used to be and user numbers are down

The Guardian - UK

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Could X’s creditors push the social media company into bankruptcy?

Elon Musk has a ‘spotty reputation’ for paying his debts, but experts say the investment banks who funded his $44bn Twitter takeover will cut him some slack

The Independent UK

The Restaurant Group to go private after accepting £506m takeover bid

Operator of more than 400 UK outlets plans to recommend Apollo’s latest offer to its shareholders

The Guardian - UK

Malaysia questions Goldman Sachs lawsuit over 1MDB settlement, saying it's premature

The Malaysian government has questioned a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a sovereign wealth fund

The Independent UK

Goldman Sachs expands footprint in Hyderabad with new CoE

The facility, to accommodate about 2,500 employees, will serve as a centre of excellence for the firm’s client onboarding efforts and house platform engineering and global enterprise partnerships, Goldman Sachs said

The Hindu

Experts Downplay Immediate Recession Risk Amid Potential Government Shutdown

Short-term impact expected, but prolonged shutdown could dampen growth and hinder Biden's re-election chances

Zenger

"Devastating:" Kroger sells 400 stores

To prepare for their mega-merger with Albertsons, Kroger may have to sell an additional over 200 locations

Salon

American industrial icon US Steel is on the verge of being absorbed as industry consolidates further

United States Steel Corp. seems poised to be soon purchased by a competitor, with two bidders revealed in a matter of days and more in the wings

The Independent UK

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Zenger

Goldman Sachs CEO’s Unyielding Approach: A Recipe For Success Or A Path To Dissent?

Goldman Sachs Group Inc (NYSE: GS) Chief Executive Officer David Solomon has navigated a path filled with both triumphs and tribulations

The Independent UK

Wilko closures: Full list of stores at risk as firm enters administration

There are 400 stores and 12,000 of staff at risk after the company collapsed into administration

Zenger

Goldman Sachs Turns Bullish On Chevron, Sets $187 Price Target

Goldman Sachs upgrades Chevron to Buy, sees increased capital returns and attractive valuation

InsideEVs

VinFast and Black Spade Announce $27B Merger For August IPO

VinFast is planning to debut on the U.S. market this August, thanks to Black Spade Acquisition (BSAQ). If confirmed, VinFast will be a publicly-traded company.

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The Guardian - UK

Private equity ownership of health services can worsen care, review says

Large-scale global study also suggests buyouts associated with higher healthcare costs

The Times of India

Jim Ratcliffe still keen to buy Manchester United as sale process drags on

NEW DELHI: Despite the protracted battle to acquire Manchester United, British billionaire Jim Ratcliffe remains determined to complete a takeover of the iconic football club. Ratcliffe, the founder of chemicals company INEOS, is one of the leading contenders along with Qatari banker Sheikh Jassim Bin Hamad Al Thani.

Birmingham Post

Tyneside firm to grow following McDaniels Law management buyout

Managing director Kelly Hudson will run the firm’s existing operations under newly created company MDL Holdings Limited

Leeds Live

Leeds United takeover still playing its part in timing of new head coach unveiling

Leeds United have had a productive week interviewing head coach candidates and hope to reach a decision imminently with the formal order of announcements still a consideration

Manchester Evening News

Premier League Owners' and Directors' test explained amid Manchester United takeover process

Manchester United takeover bidders Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe will have to pass the test before owning the club

Daily Mirror

Sir Jim Ratcliffe's 'secret' trip to impress the Glazers and secure Man Utd takeover

Sir Jim Ratcliffe is still in the race to buy Manchester United and the INEOS chief has personally attended talks in New York recently to convince the Glazers to sell

Manchester Evening News

Sheikh Jassim's Nine Two registration explained amid Manchester United takeover speculation

The Qatari banker's company was registered in the UK on Thursday leading to excitement over his potential buyout of Man Utd

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Jassim Bin Hamad Al Thani

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