Australia

Manchester United chooses City's Berrada as CEO to achieve titles

Manchester United chooses City’s Berrada as CEO to achieve titles

The club is notA start date was immediately announced for Berrada. His arrival follows British billionaire Jim Ratcliffe’s purchase of a 25% stake in the club through his chemicals conglomerate in December, after the Glazer family sold a minority stake. “It is our stated ambition to re-establish Manchester United as a title-winning club,” Manchester United ...

operation and assets are purchased by firm for US$4 million

operation and assets are purchased by firm for US$4 million

Financial Diary – Santiago GeoPark sealed an agreement with the Chilean company Servicom, which is dedicated to oil & gas drilling services, for the sale of its operations in Chile – in the Magallanes region – for US$4 million, including its participation in the Fell, Isla Norte, Flamenco and Campanario blocks. In the update of ...

TikTok managed to surpass SpaceX and OpenAI as the most valuable unlisted company

TikTok managed to surpass SpaceX and OpenAI as the most valuable unlisted company

ByteDance, owner of TikTok, has reached a valuation of US$250 billion, making it the leader of unlisted companies. They are followed by SpaceX, Elon Musk’s satellite company, and OpenAI, creator of ChatGPT. They are large companies that when they go public – and some of them have plans to do so – will be among ...

Bayer announces significant job cuts to improve its operations and results

Bayer announces significant job cuts to improve its operations and results

Within the new operating model, the cuts, including managers, will begin in the coming months and will end at the end of 2025 Bayer AG said it agreed with worker groups on a plan to eliminate a “significant” number of jobs in a bid to streamline operations and improve company results. Bayer is establishing a ...

Employment in Australia unexpectedly plummets after four positive months

Employment in Australia unexpectedly plummets after four positive months

Australian employment fell surprisingly in December, breaking four months of gains and sending the currency tumbling, as traders increased bets that the Reserve Bank would shift to policy easing this year. The economy shed 65,100 jobs, led by the biggest monthly drop in full-time employment since the height of the pandemic, government data showed Thursday. ...

Sam Altman and Bill Gates weigh AI risks in Davos in a big election year

Sam Altman and Bill Gates weigh AI risks in Davos in a big election year

With nearly half of the world’s population heading to the polls in the 2024 national elections, leaders at the World Economic Forum are grappling with how the arrival of ChatGPT will affect these democracies and how governments, in turn, will regulate AI. Leaders in artificial intelligence, including Sam Altman of OpenAI and Microsoft Corp. founder ...

SQM resumes its lithium operations in Chile after the lifting of blockades

SQM resumes its lithium operations in Chile after the lifting of blockades

Financial Diary – Santiago SQM, the second largest lithium supplier in the world, is resuming operations in northern Chile following the lifting of road blocks by local communitiesa company official reported Monday. The last blockades that had restricted the movement of workers and supplies for almost a week were lifted on Sunday, as authorities try ...

Oil prices rise in Europe due to supply from the Red Sea and Libya

Oil prices rise in Europe due to supply from the Red Sea and Libya

Oil prices in Europe have risen as fears over supply disruptions across the Red Sea and from Libya they encourage refineries to hurry to secure shipments. Spot prices for North Sea and Mediterranean crude oil have become much more expensive than the global benchmark Dated Brent in recent days. This is happening as Houthi attacks ...