Gold tops euro to become central banks’ second favourite reserve asset June 11, 2025 Central banks now hold more gold than euros in the face of global trade tensions and volatile markets, according to a report produced by the European Central Bank (ECB), making it the world’s second largest reserve asset after the US dollar. Purchases of gold were twice as high in 2024 as the average seen over [...]
Carlo Ancelotti becomes Brazil national football team manager May 12, 2025 Carlo Ancelotti has been announced as the manager of the Brazil football team, it was confirmed on Monday. The Brazilian Football Confederation (CBF) announced Ancelotti will become the next head coach of the Seleção, who have won the Fifa World Cup on five occasions, having concluded a successful stint with Real Madrid. The Italian has [...]
Goodbye, Hilal: Saudi Pro League ends Neymar deal which cost £37m per game January 28, 2025 It will go down as one of the most expensive failed experiments in world football, with Neymar’s move to Al-Hilal reported to have cost the Saudi Pro League side more than £250m. But after 17 months, a meagre seven games and only one goal, the Brazil international, 32, looks bound for a return to his [...]
Ex-Brazil envoy slams London Mariana dam lawsuit as ‘undermining justice’ December 20, 2024 Brazil’s former Ambassador to the UK has condemned the ongoing legal battle over the BHP disaster in the London High Court
Ocean Wilsons sells off Brazilian arm to Mediterranean Shipping Company October 21, 2024 London-listed Bermuda investment company Ocean Wilsons has sold off its Brazilian arm to Mediterranean Shipping Company (MSC) for 4.32bn Brazilian real (£590m). Wilson Sons, which is currently one of the largest port and maritime logistics operators in Brazil, is currently majority owned by Ocean Wilsons with a 56.5 per cent interest. It is also one [...]
Experian: Strong consumer sales helps firm maintain expectations July 16, 2024 Strong growth in North America helped consumer and data analytics firm Experian to maintain its guidance in a quarterly update which saw the firm's total revenue increase substantially.