(Bloomberg) — Flutter Entertainment Plc agreed to buy Playtech Plc’s Italian gambling business for an enterprise value of €2.3 billion ($2.6 billion) in its latest international acquisition as the Fanduel owner takes advantage of a growth surge in the US to expand.Most Read from BloombergThe deal for Playtech’s Snaitech division is expected to be closed by the second quarter of 2025, Flutter said in a statement on Tuesday.Flutter, which has benefited from a surge of new customers and revenue in the US, has also aggressively expanded internationally in recent years. Chief Executive Officer Peter Jackson told Bloomberg last month that…
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Shares were mixed in Asia on Tuesday as world markets geared up for the Federal Reserve’s most anticipated meeting in… Shares were mixed in Asia on Tuesday as world markets geared up for the Federal Reserve’s most anticipated meeting in years. Tokyo’s Nikkei index fell 1% to 36,203.22 and the Hang Seng in Hong Kong advanced 1.3% to 17,654.79. Markets in mainland China and South Korea were closed. Australia’s S&P/ASX 200 gained 0.2% to 8,140.90. Traders are eagerly awaiting the Fed’s decision Wednesday on interest rates. It is expected to cut its key rate for the first time in more…
Sean “Diddy” Combs was arrested by federal agents Monday, Sept. 16, in a New York City hotel, months after he was sued in a wave of civil lawsuits, officials said.The U.S. attorney for the Southern District of New York in Manhattan said that Combs was arrested based on a sealed indictment filed by his office. U.S. Attorney Damian Williams said officials expect that the indictment would be unsealed on Sept. 17.Federal agents in March executed searches of Combs’ properties, where guns were found, and his phones were seized at an airport as part of a warrant issued from the U.S.…
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Joe Biden’s national security advisers have no imminent plans to present the president with an updated proposal in the Israel-Hamas war ceasefire negotiations, two senior administration officials told CNN – the latest indication that talks to end the conflict have seriously stalled.Some US officials had indicated in recent weeks that a so-called bridging proposal was being finalized for Biden’s approval before being shared with the other mediators involved in the ceasefire talks, such as Qatar and Egypt. However, according to these senior officials, the president’s advisers first want to have confidence that Hamas would be willing to eventually get to…
Oppenheimer Asset Management Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 13.4% in the second quarter, HoldingsChannel.com reports. The firm owned 54,992 shares of the company’s stock after purchasing an additional 6,493 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,490,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in shares of…
His mother can still be found serving fry-ups at her ‘greasy spoon’ cafe among the clothes stalls and bric-a-brac of Harpurhey’s indoor market.Lisa, a formidable presence behind the counter of Snack Attack, could easily have pulled down the shutters for good when Brandon Williams broke into Manchester United’s team and the money started to pour in.That she decided to keep her daily routine, working beneath a mocked-up street sign for “Bitch BLVD”, says a lot about the family’s way of life before Williams’ arrival in the Premier League, seemingly with the world at his feet.There is something profoundly sad, though,…
The field of experimental aircraft has always been a fascinating one. These machines, designed to push the boundaries of flight technology, often possess a unique allure. One such aircraft, the Model 437 Vanguard, has recently captured attention. A product of Scaled Composites, a Northrop Grumman company, the Vanguard made its maiden flight from the Mojave Air and Space Port in California. The Vanguard, a technological marvel, represents a significant advancement in aviation. Originally conceived as an autonomous collaborative aircraft, its design evolved to accommodate a pilot due to FAA regulations restricting autonomous flights over populated areas. This adaptation demonstrates the…
PS5 Pro Technical Presentation hosted by Mark Cerny – YouTube Watch On And so the Sony PS5 Pro has arrived. Verily, it’s far, far more powerful than the clunker that is now the plain old PS5, but it’s also a lot more expensive at $700. And that, dear PC gaming friends, begs the very obvious comparison.Boil it down to basics, and the PS5 Pro is a $200 premium for a GPU upgrade. The rest of the PS5 Pro’s hardware hasn’t changed much. In that regard, the new console itself it quite gaming PC-like with a heavy emphasis on graphics performance…
Key points The S&P 500 and Nasdaq had their best week of the year last week. A strong August CPI inflation report helped spur stocks higher. The FOMC meets this week and is expected to reduce the federal funds rate. The S&P 500 and Nasdaq had their best week of the year last week, wiping away losses from the previous week, which was the worst of the year. Markets continue to be extremely volatile, prone to wild swings one way and the other. We saw that over the past two weeks as the major indexes had their best week of…