Todd Boehly’s £4.25 billion ($5.2 billion) takeover of Chelsea FC has hit a snag amid disagreements between the UK government and the club’s owner Roman Abramovich over the terms of the deal, according to a person familiar with the matter.
(Bloomberg) -- Microsoft Corp. said it will “nearly double” its budget for employee salaries and boost the range of stock compensation it gives workers by at least 25%, mainly affecting “early to mid-career employees,” to retain staff and help people cope with rising inflation.
How the most famous name in luxury got that way spans a century of brilliant branding, wild success and a family feud that almost destroyed it all.
(Bloomberg) -- Twitter Inc. CEO Parag Agrawal sent a flurry of tweets on Monday afternoon in an apparent response to would-be owner Elon Musk’s move last week to put his offer “on hold” to ascertain the amount of fake accounts on the social media platform.
President Emmanuel Macron on Monday named former labor minister Elisabeth Borne as France’s second woman prime minister.
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