Lionel Messi Says Qatar World Cup Will Be His Last

In a taped Star+ interview released Thursday, when asked if the upcoming World Cup — his fifth — would be his last, the 35-year old said “yes, surely yes.” The announcement sparked widespread media coverage in Argentina, where fans are scrambling to fill sticker books and tens of thousands of citizens are expected to travel … Read more

Citi Ventures Makes First Crypto Seed Investment in Startup Xalts

“The world has changed a lot, you know with the macro environments and obviously markets have been suffering as a result of that,” Luis Valdich, a managing director at Citi Ventures, said in an interview. “Obviously we are very prudent in terms of where to and how to deploy capital, but we’re absolutely active with … Read more

Porsche Overtakes Parent Volkswagen as Europe’s Most Valuable Automaker

The debut of the 911 maker was a bold move into public markets, which have been largely shut to IPOs for most of the year, with companies shying away from seeking new listings because of the European energy crisis, rising interest rates and record inflation. For Volkswagen, the share sale is raising funds to plough … Read more

Stocks Resume Rally, Oil Jumps on Production Curb: Markets Wrap

Investors signaled belief in a fledgling equity rally as US futures erased a Wednesday decline and an index of Asian stocks traded higher, suggesting that markets are downplaying the impact of rising oil prices.

Liz Truss’s Tax Cuts Set to Cost Millions of Workers More

As a result, by 2026 about 1.4 million more workers will be dragged into the basic rate of tax, and 1.6 million will drift into the 40% rate as their pay rises, the IFS calculated. For the 7.7 million people at that point earning over £50,270 and paying 40% on their wages, the freezes “will … Read more

Gold Falls After Two-Day Surge With Fed Rate Stance in Focus

“Gold’s bottom is in place now that the US is showing clear signs the labor market is softening,” Ed Moya, senior market analyst at Oanda, said in a note. As long as the US nonfarm payrolls do not see an “extraordinary strong print”, gold should remain supported and may test the $1,750 an ounce, he … Read more

Musk Revives $44 Billion Twitter Bid, Aiming to Avoid Trial

In the letter, Musk’s attorneys wrote that the billionaire and his supporters “intend to proceed to closing of the transaction contemplated by the April 25, 2022, merger agreement, on the terms and subject to the conditions set forth therein and pending receipt of the proceeds of the debt financing,” according to the filing, provided the … Read more

OPEC+ Considers Output-Limit Cut Of As Much As Two Million Barrels A Day

The group may discuss a cut of that size, plus smaller reductions ranging from 1 million to 1.5 million barrels a day, when it meets on Wednesday, delegates said. Based on current discussions, so far curbs would use existing baselines to measure each country’s contribution, one delegate said.