Archives for Global Business & Sports News

Two more great online Zoom events today…

Today consisted of another fab outstanding network event from 11am till 12.30pm. Today we had a dab presentation from Patrick Dillon. Following on from the Outstanding Network Event I joined some fellow Introbiz’ers and Outstanding Networkers, The Wild Spirit Guys, in an online virtual sledging event from 1.30pm to 2.30pm.
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Europe & Global Coronavirus Update…

The European Union will ban travellers from outside from the bloc for 30 days in an unprecedented move to seal its borders amid the coronavirus crisis. The measure is expected to apply to 26 EU states as well as Iceland, Liechtenstein, Norway and Switzerland. UK citizens will be unaffected. The ban came as deaths continued to soar in Italy and Spain, and France began a strict lockdown. Europe has been badly hit by the virus, which has killed 7,500 globally. Meanwhile, the Euro 2020 football competition has been postponed by a year. The virus has infected more than 185,000 people worldwide,
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UK & Global Business News From Morning Brew…

TOGETHER WITH Good morning. These are certainly unusual times. The NBA is suspended, Italy is locked down, Tom Hanks has coronavirus, and many of you are currently reading this in PJs. We’re gonna get through this.And we want readers to know that now more than ever we are laser-focused on bringing you the most important business news every morning. If there’s ever any way we can be more useful to you, our inbox is always open.  Have a great day, and remember: When videoconferencing, the mute button is your friend. MARKETS NASDAQ 7,952.05 – 4.70% S&P 2,741.38 – 4.89% DJIA 23,553.22
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F1 2020 season now expected to start at end of May, due to Coronavirus, say Formula 1 and FIA

Following the cancellation of the season-opening Australian Grand Prix and the postponement of the races in China, Bahrain and Vietnam, Formula 1 and governing body the FIA have said they now ‘expect’ the 2020 season to begin at the end of May – though this will be regularly reviewed. The outbreak of COVID-19 forced the Chinese round of the calender to be postponed last month. Then on Thursday, the opening race of the season in Melbourne was also called off, after a McLaren team member tested positive for the virus. Today, the Bahrain Grand Prix, which was due to take
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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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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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The Ethiopians returning home to start businesses – GlobalBiz News

The Ethiopians returning home to start businesses – BBC News Hundreds of Ethiopians who have been living abroad are returning to the country, following reforms brought in by Prime Minister Abiy Ahmed.  Mr Abiy’s ambitious reforms include changing the law to enable more Ethiopians living abroad to come back and help rebuild the economy. For years, Ethiopia’s economy has been tightly controlled by the state and closed to many international investors.  About two million Ethiopians live in the diaspora, the government estimates.  About half of those displaced Ethiopians have found new homes in the US, particularly in Washington DC, which
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Manchester United boss Ole Gunnar Solskjaer sends his personal scout to watch Federico Chiesa

Manchester United boss Ole Gunnar Solskjaer sends his personal scout to watch Federico Chiesa Federico Chiesa is on Manchester United’s radar – Manchester United boss Ole Gunnar Solskjaer is targeting a move for Fiorentina winger Federico Chiesa, according to reports. The 22-year-old has impressed this season with seven goals and five assists in 25 appearances for Fiorentina. Solskjaer is reportedly keen on strengthening his options on the right side of his attack and Chiesa would fit the profile of player the United manager is targeting. According to MailOnline, Solskjaer sent his personal scout Simon Wells to watch Chiesa in Fiorentina’s
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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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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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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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Alexandre Lacazette: the forward will not push to leave if Arsenal fails to reach the Champions League

Alexandre Lacazette: the forward will not push to leave if Arsenal fails to reach the Champions League   Alexandre Lacazette has scored 33 Premier League goals in 86 appearances for Arsenal since arriving from Lyon in 2017 Alexandre Lacazette will not push to leave Arsenal if they do not qualify for the next Champions League season. When asked if his contract had a safeguard clause for such a scenario, the France striker said he didn’t know. “I have a contract with the club, so I don’t make sense to leave,” he said. “Everyone is happy with me at the club.”
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Walmart in discussions to sell their stake in Asda

Walmart in discussions to sell the stake in Asda Walmart says it could sell a majority stake in Asda, its UK supermarket, after “incoming interest” in the idea. The US retail giant said it spoke to a “small number of stakeholders” about a possible investment. It comes after UK regulators blocked Walmart’s plan to merge Asda with Sainsbury last year for fear that it would raise prices for consumers. Walmart said it would likely keep a stake in Asda if the plan goes ahead. “No decisions have been made and we will not comment on these discussions further,” he said.
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Anthony Joshua v Tyson Fury: We will make fight happen, says Frank Warren – 🇬🇧🥊📰

Anthony Joshua v Tyson Fury: We will make fight happen, says Frank Warren – Tyson Fury’s promoter Frank Warren says if fans want to see a unification fight with Anthony Joshua “we will make it happen”. The British heavyweights now hold all of the division’s belts between them, after Fury, 31, beat Deontay Wilder, 34, on Sunday to claim the WBC title. Joshua’s promoter Eddie Hearn said on Monday that “this fight will happen”. “Of course we want to see the fight,” Warren told BBC Sport. “We’ve been trying to make it for two years.” ‘Maverick Fury one fight from immortality’
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JP Morgan economists warn of ‘catastrophic’ climate change 🌍💼📰

JP Morgan economists warn of ‘catastrophic’ climate change – Human life “as we know it” could be threatened by climate change, economists at JP Morgan have warned. In a hard-hitting report to clients, the economists said that without action being taken there could be “catastrophic outcomes”. The bank said the research came from a team that was “wholly independent from the company as a whole”. Climate campaigners have previously criticised JP Morgan for its investments in fossil fuels. The firm’s stark report was sent to clients and seen by BBC News. While JP Morgan economists have warned about unpredictability in
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Join Brazilian Legend Roberto Carlos for El Clasico this March ⚽️ 🇧🇷 🇪🇸

Want to join #Introbiz with Brazilian WorldCup winner footballer Roberto Carlos Real Madrid vs Barcelona at the Bernabeu Stadium in Madrid, Spain on Sunday 1st March.. Limited tickets are available see further information here.. Introbiz Host Event At Real Madrid #IntrobizGlobalNetworking #Football
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