Category: Mike

  • Crypto Advocate Mike Johnson Emerges As US Speaker In Tight Win

    Pro-crypto Republican and politician Mike Johnson has been re-elected as Speaker of the US House of Representatives, creating a wave of excitement across the cryptocurrency community. This positive development comes amid growing doubts about the willingness of the incoming Donald Trump administration to fulfill the president-elect’s cryptocurrency manifesto. Mike Johnson…

  • Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns

    Trump’s former Secretary of State Mike Pompeo supports Nippon Steel’s $14.9 billion takeover of the US steel company over national security concerns. President-elect Donald TrumpFormer US Secretary of State Mike Pompeo He threw his support behind him Nippon Steel Company(OTC:NPSCY) (OTC:NISTF) proposed a $14.9 billion acquisition United States Steel Corporation…

  • Mike Ashley demands to take charge at Boohoo amid leadership crisis

    Retail tycoon Mike Ashley’s Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a “leadership crisis” at the fast fashion retailer. In an open letter, Fraser urged Boohoo to replace current CEO John Little,…

  • Mike Ashley demands to take charge at Boohoo amid leadership crisis

    Retail tycoon Mike Ashley’s Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a “leadership crisis” at the fast fashion retailer. In an open letter, Fraser urged Boohoo to replace current CEO John Little,…

  • Mike Jeffries’ troubled history with Abercrombie

    Millennials: You’ll remember visiting Abercrombie & Fitch in the late 1990s and early 2000s. Loud, groovy music, perfumes so strong you could barely think straight, and posters depicting half-naked men were all part of the experience – and the desire to feel “cool.” David Turner/WWD/Penske Media – Getty Images Mike…

  • Column-Dollar won’t fall as rest of world won’t let it: Mike Dolan By Reuters

    Written by Mike Dolan LONDON (Reuters) – The dollar had its best week in two years, showing once again how risky it is to bet against the greenback if the rest of the world doesn’t let it slide. The DXY index, which measures the value of the dollar against the…

  • Sterling feeds on peculiarly high BoE ‘terminal rate’: Mike Dolan By Reuters

    By Mike Dolan LONDON (Reuters) – Tight monetary policy combined with an austerity fiscal agenda usually leads to a stronger currency, and the pound is rallying in anticipation of that. But it’s not at all clear why the UK government or the Bank of England wants the pound to appreciate…

  • Italian divers recover video equipment from Mike Lynch’s sunken yacht By Reuters

    Written by Vladimir Pantaleoni PALERMO (Reuters) – Italian navy divers have recovered video surveillance equipment from the luxury yacht that sank off Sicily last month, killing British technology mogul Mike Lynch and six others, a source close to the matter said on Friday. The recovery of the equipment could help…

  • HPE vows to pursue £3bn damages claim against Mike Lynch’s estate following tycoon’s death

    Hewlett Packard Enterprise (HPE) has pledged to pursue a £3bn claim against the estate of Mike Lynch, the founder of British software company Autonomy, after his death aboard the luxury yacht Baysian off the coast of Sicily. The tech mogul and his 18-year-old daughter Hannah were among the seven victims…

  • Mike Ashley appoints youngest daughter as director to expanding family empire

    Mike Ashley has appointed his younger daughter, Matilda Ashley, as a director of Mash Holdings, the company through which he controls his large stakes in the Frasers Group and other businesses. The move underscores the growing influence of family ties in the billionaire’s business operations. According to recent filings to…

  • Mike Ashley appoints youngest daughter as director to expanding family empire

    Mike Ashley has appointed his younger daughter, Matilda Ashley, as a director of Mash Holdings, the company through which he controls his large stakes in the Frasers Group and other businesses. The move underscores the growing influence of family ties in the billionaire’s business operations. According to recent filings to…

  • Superyacht carrying Mike Lynch sinks, a mother describes her survival

    A 183-foot luxury yacht capsized off the coast of Sicily during a hurricane on Monday. A day later, the disaster is still unfolding, with one person confirmed dead and six of the 22 passengers on board now presumed dead, according to recent reports from The Wall Street Journalto. Among 15…

  • Tech tycoon Mike Lynch missing after yacht sinks off Sicily, weeks after £8bn fraud acquittal

    Mike Lynch, the British technology entrepreneur who was recently acquitted in a massive £8 billion fraud case, has disappeared after his yacht sank off the coast of Sicily. The incident comes just weeks after Lynch’s stunning legal victory, which saw him acquitted of fraud charges in a US court after…

  • Ted Baker to close all UK stores as potential Mike Ashley deal falters

    Ted Baker is set to close its last 31 UK stores this week, putting around 500 jobs at risk, as uncertainty grows over a potential rescue deal involving Mike Ashley’s Frasers Group. The closures mark the end of the retailer’s presence on the British high street, after months of turmoil…

  • Next Bank of Japan intervention may be to sell yen :Mike Dolan By Reuters

    By Mike Dolan LONDON (Reuters) – If the Japanese government is thinking ahead, it may be planning to rein in the volatile yen rather than support it. A two-year cat-and-mouse game between speculators and Japanese authorities — which involved increasing bets against the yen because of widening interest-rate gaps with…

  • Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)

    yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…

  • Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)

    yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…

  • First to hike, last to cut? BoE caution cossets pound: Mike Dolan By Reuters

    By Mike Dolan LONDON (Reuters) – Is it the first country to raise interest rates, the first to hit its inflation target and the last to cut rates? It may be unwise to read too much into the volatile and marginal bets on interest rates in financial markets, but for…

  • Nippon Steel hires Mike Pompeo to advise on U.S. Steel deal By Reuters

    TOKYO (Reuters) – Japan’s largest steelmaker Nippon Steel Corp said on Saturday it has hired former U.S. Secretary of State Mike Pompeo to help in its efforts to acquire U.S. Steel. “We look forward to working with him to further emphasize the ways in which Nippon Steel’s acquisition of U.S.…

  • Yuval Soiref to market Mike Tyson medical cannabis in Germany

    Israeli cannabis entrepreneur Yuval Soarev is teaming up with legendary boxer Mike Tyson to market medical cannabis Tyson 2.0 exclusively in Germany. Since April 1, 2024, cannabis has been removed from the list of prohibited drugs in Germany, and its use has become legal. Germany thus joins several states in…