Business

The 12 clubs that initially agreed to form a breakaway European super league are already among the richest and most prestigious in the world. A number of them have come under the control of foreign owners in recent years and some are saddled with huge debt piles – while the coronavirus pandemic has had a

Five years ago, an actor of Middle Eastern descent arrived at a studio test for a major cable TV show that was looking to diversify its cast and was asked by the casting director what percentage Latino he was. “I’m not Latino,” he replied. “I’m Egyptian.” Without apologizing, the casting director said: “We can’t move

The number of payrolled workers in the economy slipped back in March, ending three months of recovery from the coronavirus employment crisis. The Office for National Statistics (ONS) said early estimates showed 56,000 people in PAYE employment lost their jobs – on a net basis – last month. It meant there were 813,000 fewer people

Walter Mondale, who transformed the role of the vice president during Jimmy Carter’s one-term presidency, yet suffered a crushing political defeat as the Democratic nominee against incumbent Ronald Reagan in 1984, has died. He was 93. Mondale, often called by his nickname “Fritz,” died Monday in Minneapolis, his family said in a statement. No cause

Liverpool manager Jurgen Klopp has said he did not find out about the European Super League until its announcement – and stood by previous comments in opposition to the idea. Speaking on Monday Night Football on Sky Sports, Klopp was asked about comments in 2019 in which he said he hoped such a competition would

Apple will allow social media app Parler back onto the iPhone App Store, according to members of Congress who had protested the removal of the controversial service back in January. Parler had back then become a gathering place for supporters of former President Donald Trump, including insurrectionists who attacked the U.S. Capitol on January 6

Twelve of Europe’s leading football clubs have agreed to establish a Super League, it has been announced. A statement said: “AC Milan, Arsenal, Atlético Madrid, Chelsea, Barcelona, Inter Milan, Juventus, Liverpool, Manchester City, Manchester United, Real Madrid and Tottenham Hotspur have all joined as Founding Clubs. “It is anticipated that a further three clubs will

UPDATE, with video of David Graham-Caso: Tina Schen, president and CEO of the Time’s Up Foundation, added her voice today to those calling for producer Scott Rudin to release employees from prior non-disclosure agreements. “First and foremost, we owe a debt of gratitude to the brave employees who came forward with allegations of workplace bullying

An American private equity firm is on the verge of making a fifth bid approach for Equiniti, the FTSE-250 company which handles share registrar and other back-office services for some of Britain’s biggest businesses. Sky News has learnt that Siris Capital is this weekend close to renewing efforts to engage the board of Equiniti –

After the arrival of four major new streaming services in late-2019 and early-2020, this year is when the competition is going global. One of the newest worldwide hopefuls is a Stateside pioneer. Paramount+, the rebranded and reconceived version of CBS All Access, which launched in 2015, is boldly going where the latter service has not

“I know you can be underwhelmed and you can be overwhelmed, but can you ever just be whelmed?” So Chastity asks Bianca in the excellent 1999 comedy 10 Things I Hate About You, and pretty much sums up my feelings the first time I Googled the words “non-fungible token”. Overwhelmed, in this case, because what

Casting professionals who are also actors have been banned from running for elected office at SAG-AFTRA. The ruling came down today at a meeting of the union’s national board of directors. Deemed “management,” casting professionals are now also barred from serving as members of SAG-AFTRA negotiating committees, and as delegates to the union’s biennial conventions.

The founder of Revolut is plotting a new fundraising that will value the company at more than $10bn (£7.2bn) and cement his status as one of Europe’s youngest fintech billionaires. Sky News has learnt that the digital lender is lining up FT Partners, the US-based fintech-focused investment bank, to advise it on a new equity-raise

Actors’ Equity Association is calling on producer Scott Rudin, who “stepped back” from his Broadway productions today in response to allegations of workplace abuse, to release employees from nondisclosure agreements. The Equity statement was issued shortly after Rudin announced today that he would relinquish “active participation” in his Broadway productions to “others from the Broadway

Elon Musk’s private space company SpaceX has won a $2.9bn (£2.1bn) NASA contract to build a spacecraft to put humans on the moon. The tech billionaire’s firm was chosen ahead of Amazon founder Jeff Bezos’ Blue Origin and defence contractor Dynetics Inc. Steve Jurczyk, NASA’s acting administrator, said at a video conference: “We should accomplish

Imax CEO Rich Gelfond earned $6.9 million last year, down slightly from $7.1 million in 2019 as the pandemic shuttered theaters and Imax screens around the world. The package included base pay of $1.2 million and a stock award valued at $5.5 million. Imax, while hard hit like the rest of the industry, was able

The FTSE 100 has climbed above the 7,000 mark for the first time since the early days of the coronavirus crisis. London’s leading share index rose as industrial, banking and mining stocks made gains on growing optimism about economies reopening and recovering across the world. The FTSE 100 was last above the 7,000 mark in

EXCLUSIVE: Australian theatrical distribution company Moving Story Entertainment has acquired a significant minority interest in Chaiflicks, the young streaming service launched by Neil Friedman and Heidi Bogin Oshin, who run Menemsha Films, and Bill Weiner, a former senior executive at New Regency. The deal expands Chaiflicks SVOD service beyond North American to Australia and New Zealand for

China’s economic growth slowed at the start of this year as its post-pandemic rebound began to level off, official figures showed. GDP grew by just 0.6% in the first quarter, missing expectations of a 1.5% increase and down from 3.2% in the last three months of 2020. But the figures also showed that the world’s

Everyone wants to go to Disneyland, at least judging from the subsequent long waits for access on the Disney Parks website today, the first day for tickets and reservations in advance of the park’s April 30 reopening. Tickets went on sale at 8 AM. Soon after, a message attempted to soothe any frustration at the