Archives for European Business & Sports News

Coronavirus: Gary Neville outlines 5 things that must happen while the epidemic threatens the season

Gary Neville has outlined five things he believes must happen to patch things up in the Premier League amid the coronavirus epidemic. The spread of … Coronavirus: Gary Neville outlines 5 things that must happen while the epidemic threatens the season Business News Coronavirus News and Sports News from Mike Armstrong – See https://mikearmstrong.me/news For Business Advice follow the link or visit one of our Blogs: Entrepreneur Zone | King of Marketing | The Voice of Social Media | Networking Grapevine | British Business News |
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European Business News / EuropeanBiz – Will European Banks be able to cope with this Global Pandemic – Interesting FT Article…

More than a decade on from the financial crisis, Europe’s banks are facing the first major test of their resilience. This week growing fears about the coronavirus pandemic and an oil price war prompted a widespread market sell-off. Companies have spent a decade gorging on cheap debt in an ultra-low interest rate environment. A wave of defaults is now likely, and rising loan impairments will hit banks’ already anaemic earnings. Since their recent peak almost a month ago, European banks indices have plunged 40 per cent in an indiscriminate sell off of financial stocks. This outpaces the 25 per cent
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European Business News / EuropeanBiz – Latest European Economic News After Coronavirus Impact…

Europe’s economy was meant to have a decent year in 2020. Factory production in the 19-country eurozone rose strongly in January, after a tentative truce in the US-China trade war. Consumer confidence was strong. Housebuilders’ order books were full. The stage was set for a solid, albeit unspectacular year. The European economy would see “steady and moderate growth”, predicted the European commission’s economic forecast on 13 February. It also warned of clouds on the horizon, including a new virus. Noting mounting concern about coronavirus, as well as “downside” risks, the Brussels forecast concluded the outbreak would peak in the first three
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WRU Chairman Gareth Davies defends Six Nations decision to pull Wales v Scotland…

Welsh Rugby Union chairman Gareth Davies has defended the decision to postpone Wales’ Six Nations match against Scotland in Cardiff just 24 hours before kick-off. The WRU had said earlier on Friday that the game at the Principality Stadium would go ahead but then called it off because of the coronavirus outbreak. “It has been a tough week,” said Davies.  “But we believe it was the proper and responsible thing to do.” Wales v Scotland match off because of coronavirus ‘Six Nations loses sight of bigger picture amid fog’ Davies added: “I don’t think we could’ve dealt with it any better. We
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Pro 14 Suspended Indefinitely due to Coronavirus…

The current Guinness PRO14 season has been suspended in response to the evolving Coronavirus / COVID-19 outbreak. The PRO14 is an international league. Cross border travel is inevitable and that brings with it unique challenges. With governments in Italy and Ireland already putting in place clear directives and restrictions around public activities and travel, the decision to suspend the competition is appropriate. It is in the best interests of everyone that games are not played at this time. The suspension has been directed by the board of Celtic Rugby DAC and the decision will remain under constant review. David Jordan,
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Six Nations News – Wales v Scotland off due to Coronavirus

Wales’ Six Nations match at home to Scotland on Saturday has been postponed because of the coronavirus outbreak. The two other scheduled games in round five had already been postponed and no dates have been confirmed for completing the 2020 Championship. The Welsh Rugby Union, which had insisted earlier on Friday the game would go ahead, said it was “in the best interests of supporters, players and staff to fall in line with recent measures taken across the UK and global sports industries”. Several sports have been severely disrupted, with all Premier League and EFL football matches suspended until 3 April. A
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The Premier League has decided to postpone all matches until the 3rd of April due to Coronavirus

Premier League News from the Guardian: Following a Friday morning meeting between all 20 clubs. “It was unanimously decided to suspend the Premier League with the intention of returning on 4 April, subject to medical advice and conditions at the time,” reads a statement. The Premier League’s chief executive, Richard Masters, describes this is an “unprecedented sitaution” and adds: “Above all, we wish Mikel Arteta and Callum Hudson-Odoi speedy recoveries, and everyone else affected by Covid-19. In this unprecedented situation, we are working closely with our clubs, Government, The FA and EFL and can reassure everyone the health and welfare
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UEFA is ‘seriously considering’ suspending the Champions League & Europa League due to coronavirus

UEFA is ‘seriously considering’ suspending the Champions League and Europa League due to the threat of coronavirus, according to reports in Spain. Several sporting events across the world have been postponed due to the outbreak, while on Monday, the Italian government announced that all sport in the country has been suspended until at least April 3. Champions League and Europa League fixtures have already been impacted as Wednesday’s tie between Paris Saint-Germain and Borussia Dortmund in France will be played behind closed doors. Barcelona’s last-16 tie against Napoli next Wednesday will also be played behind closed doors. Wolves’ Europa League fixture against Olympiacos in
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Sports News / Football News – Nations League Fixtures 2020-2021…

England will play world number one team Belgium, Denmark and Iceland in League A of the 2020-21 Nations League. Wales will face the Republic of Ireland, Finland and Bulgaria in League B, while Northern Ireland are grouped with Austria, Norway and Romania. Scotland, also in League B, will play the Czech Republic, Slovakia and Euro 2020 play-off opponents Israel. The first group games take place in September this year, with the finals scheduled for the summer. Groups in full: League A Group one Group two Group three Group four Netherlands England Portugal Switzerland Italy Belgium France Spain Bosnia and Herzegovina
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Sport News / Rugby News – France blow best Grand Slam chance in a decade…

There will be no Grand Slam. France’s best chance in a decade to pull that off was ruined at Murrayfield by a stellar Scottish performance, featuring a brace from Sean Maitland and a back-breaking red card for the France tighthead prop Mohamed Haouas for a punch at the end of the first half, from which the visitors never recovered.  The outcome also capped off a good weekend for England, who have now gone top of the Six Nationstable on points difference ahead of France with one round to go. As Haouas departed here, rightly sent off for a punch to the head of
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Welsh Sports News – Wales Fall Short At Twickenham…

A battling Wales ensured they picked up a losing bonus-point at Twickenham as they closed to within three points at the end of another epic battle against the auld enemy. England led 20-9 at the break, but were hit by a try from the kick-off at the start of the second half as Wayne Pivac’s men got their fight-back off to an explosive start. Justin Tipuric scored twice after the break, the second try coming when England were down to 13 men.   Having lost replacement prop Ellis Genge to a yellow card, they lost centre Manu Tuilagi to a
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Entire Six Nations could be called off as UK Government considers banning sporting events as tournament bosses meet to make decision – Wales Online

The UK Government is considering following in France’s footsteps with a ban on public events in a bid to stop the coronavirus spreading further, which could spell the end of this year’s Six Nations for now. Ireland v Italy – which had been due to take place this weekend in Dublin – has already been cancelled. Another match hangs in the balance after the French government imposed a ban on public gatherings of more than 5,000 people in confined spaces on Saturday, throwing the French team’s Super Saturday Six Nations clash against Ireland in Paris under further doubt. UK health
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Credit Industry News from Credit Today…

Current Ratio: A Good Indicator or a False Signal? Let’s riff a little bit this week on one of our favorite ratios – the current ratio. First, for any beginners out there, the current ratio is current assets (anything that can be converted to cash within a year) divided by current liabilities (anything due within a year).  In the “old days,” a 2 to 1 current ratio was something credit execs liked to see. That 2 to 1 seemingly gives you a nice “margin of safety,” knowing that the company you’re looking at has 2 times the current assets as
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Citroen presents the first fully electric Made in Morocco car in Paris

Citroen presents the first fully electric Made in Morocco car in Paris Rabat – French automaker Citroen unveiled its Made in Morocco mini electric car called AMI yesterday at the Paris Defense Arena, marking Citroen’s entry into the electric car arena. Built in the PSA factory in Kenitra, the mini-car without a license will be available for sale at €6,900. Rechargeable in 3 hours, the two-seater car can travel 70 kilometers at a maximum speed of 45 kilometers per hour. The car is the perfect choice for daily activities and aims to make city driving less stressful. Its small size
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How a serious accident led to business success – BBC News

How a serious accident led to business success – BBC News It was in the wake of a terrible skiing accident that Susanne Najafi embarked on her path as a serial entrepreneur. While racing down the slopes of a Swedish ski resort in 2009, she fell and broke her neck. “I was trying to get up, but I’m like, ‘Oh, I can’t move my arms.’ And that’s when I realised it was a bit more serious. “The doctor said that I was one millimetre from the nerve getting cut off,” she recalls. “They were like, ‘This was really, really lucky.'”
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Six Nations 2020: George Kruis in line for final Twickenham appearance and England star eyes mega-money Japan deal

Six Nations 2020: George Kruis in line for final Twickenham appearance and England star eyes mega-money Japan deal GEORGE KRUIS could make his final Twickenham appearance next week — ahead of a likely move to Japan. The England second-row has a mega-money deal on the table. George Kruis could make his final Twickenham appearance next week ahead of a likely move to Japan And he is set to make a call on joining the Top League, boasting World Cup legends Dan Carter and Kieran Read, when the Six Nations ends. Quitting relegated Saracens for Asia would end Kruis’ Test career,
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Man Utd ‘to rebuild’ as Champions League absence proves costly…

Man Utd ‘rebuild’ as Champions League absence proves costly | Nasdaq Feb 25 (Reuters) – Manchester United MANU.N are in “rebuild” mode as the English soccer club chases a return to the European Champions League, Executive Vice-Chairman Ed Woodward said after financial results were dented by the team’s absence from this season’s tournament. Woodward has been backing United manager Ole Gunnar Solskjaer to forge a team that mixes top talent from around the world with young players from its academy. “We are pushing for a strong finish in the Premier League, the Europa League and the FA Cup as we enter the final third
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Barcelona would have to pay more than £200m to sign Mohamed Salah or Sadio Mane from Liverpool due to ‘Coutinho clause’

Barcelona would have to pay more than £200m to sign Mohamed Salah or Sadio Mane from Liverpool due to ‘Coutinho clause’ Barcelona would have to pay Liverpool more than £200m to sign Mohamed Salah or Sadio Mane due to a ‘Coutinho clause’. The last time Liverpool did business with Barcelona was in January 2017 when Philippe Coutinho swapped Anfield for the Camp Nou in a £142m deal. It looks unlikely that Salah or Mane will join Barcelona Liverpool spent that money on Virgil van Dijk and Alisson who shored up their defence as Jurgen Klopp’s side won the Champions League
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‘I never thought Harry Kane would be this good’, says former teammate Andros Townsend, as Tottenham striker aims for EARLY injury return

‘I never thought Harry Kane would be this good’, says former teammate Andros Townsend, as Tottenham striker aims for EARLY injury return Andros Townsend has admitted he never expected former Tottenham teammate Harry Kane to become the world-class striker he is now, amid reports he could be back sooner than expected from injury. Spurs have been without their talisman since New Year’s Day when he suffered a hamstring injury in a 1-0 defeat to Southampton. Kane had an operation earlier this year on his injured hamstring The 26-year-old needed an operation and Jose Mourinho feared he would be without his
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Wilder vs Fury 2 PPV buys estimated between 800-850k in North America, eclipsing Lewis vs Tyson in 2002 but falling short of Bob Arum’s hopes

Wilder vs Fury 2 PPV buys estimated between 800-850k in North America, eclipsing Lewis vs Tyson in 2002 but falling short of Bob Arum’s hopes Tyson Fury’s victory over Deontay Wilder on Saturday night was watched by an audience of between 800,000-850,000 paying customers in North America, according to reports. If these figures prove to be accurate, the main event at the MGM Grand Garden Arena would have generated between $64m-$68million just through American PPV alone. Tyson Fury and Deontay Wilder will get handsomely paid for their efforts on Saturday night The ‘Gypsy King’ officially reclaimed his throne in Las
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Steven Gerrard jokes he’s ‘on the next penalty’ as Rangers’ spot-kick woes continue in Europa League win

Steven Gerrard jokes he’s ‘on the next penalty’ as Rangers’ spot-kick woes continue in Europa League win Steven Gerrard joked he would take Rangers’ next penalty after watching his side fail to convert from the spot during their Europa League match on Wednesday. It didn’t affect the result of their round-of-32 tie, though, as Ryan Kent’s second-half strike saw Gers win 1-0 at Portuguese side Braga and go through 4-2 on aggregate. Kent’s left-footed strike puts Rangers into the round-of-16 The penalty, taken by Ianis Hagi, was saved by Braga keeper Matheus but was the only negative part of the
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Premier League launch Hall of Fame to recognise legends of the league who have shown ‘exceptional skill and talent’

Premier League launch Hall of Fame to recognise legends of the league who have shown ‘exceptional skill and talent’ The Premier League has revealed plans to launch an official Hall of Fame, with the first two players to be inducted next month. The Hall of Fame aims to recognise and celebrate the ‘exceptional’ skill and talent of those who have graced the Premier League since its inception in 1992. The Premier League began in 1992, becoming a global phenomenon A shortlist of further nominees will be announced the same time the two initial players are inducted, with fans invited to
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Liverpool announce £533m turnover and £42m profit last year – despite spending a record £223m on players

Liverpool announce £533m turnover and £42m profit last year – despite spending a record £223m on players Liverpool have announced a pre-tax profit of £42million last year, despite a record £223m investment on players. The Reds also achieved a turnover of £533m for the financial year of 2018/19, which did not take into account their Champions League win over Tottenham Hotspur in June. Liverpool are about to become a financial powerhouse in world football once again While the figure of £42m is well below the record £125m profit for the year ending May 2018, the rewards are being felt on
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