The UK government is preparing a potential court case against former Chelsea owner Roman Abramovich after he missed a deadline to release the £2.5 billion raised from the sale of the club. In mid-December Sir Keir Starmer announced that the Treasury was issuing a license for the transfer of frozen funds to a foundation to…
Work is underway on a new £33.27 billion rail line to connect millions of people. The Chūō Shinkansen is a Japanese train line under construction between Tokyo and Nagoya, with plans to extend to Osaka. The initial section is between Shinagawa Station in Tokyo and Nagoya Station in Nagoya, serving Sagamihara, Kofu, Iida and Nakatsugawa…
Paramount has signed a deal to buy Warner Bros. Discovery for $110 billion. This deal happened after Netflix walked away from a bidding war for the company. Netflix on Thursday declined to match Paramount’s latest $31-per-share offer, which offered a $27.75-per-share deal for its studio and streaming assets. Paramount, which is led by David, the…
Miami, Florida has scheduled a hearing in President Trump’s $10bn (£7.5bn) defamation suit against the BBC for February of next year. He is suing over a 2024 Panorama episode in which clips of him addressing supporters on Day 2021 were edited together. attack on the Capitol in Washington, DC. Mr. Trump stated that the edited clip…
President Donald Trump has filed a $5 billion (£3.7 billion) lawsuit against JPMorgan Chase, America’s biggest bank, accusing it of illegally closing his accounts for political reasons. The lawsuit, which also names the bank’s chief executive Jamie Dimon, alleges that Trump and his businesses suffered “substantial financial and reputational harm” after the bank suddenly closed…
