Finance

Manchester United posts sixth year of net loss, forecasts revenue dip

Manchester United posts sixth year of net loss, forecasts revenue dip

(Reuters) -Manchester United reported an annual net loss for the sixth consecutive year on Wednesday and forecast lower revenue for the fiscal year, highlighting the club’s ongoing financia...

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Ticket marketplace StubHub to see if its stock is the right price for Wall Street

Ticket marketplace StubHub to see if its stock is the right price for Wall Street

NEW YORK (AP) — StubHub is set to enter the public arena Wednesday after the ticket marketplace priced its initial public offering at $23.50 per share. The company’s shares will trade on th...

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Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs

Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs

By Anmol Choubey (Reuters) -Deutsche Bank raised its gold price forecast by $300 for next year to an average of $4,000 per ounce on Wednesday, due to strong central bank demand, potential U.S. dol...

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African manufacturers in last-ditch bid to extend US trade programme

African manufacturers in last-ditch bid to extend US trade programme

By Aaron Ross NAIROBI (Reuters) – African manufacturers are lobbying U.S. Congress to grant a last-ditch extension of one or two years to a duty-free trade programme due to expire at the end...

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Eurozone inflation comes in softer than expected in August, at 2%

Eurozone inflation comes in softer than expected in August, at 2%

Annual inflation in the eurozone was 2.0% this August, Eurostat announced on Wednesday, updating its earlier estimate of 2.1%. The figure was stable month to month, as June and July also saw pric...

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