Month: April 2022

Business & FinanceDealsEntertainment & LifestyleSports 15 April 2022, 12:35 pm 1 minute Reuters exclusively reported that Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to purchase Serie A club AC Milan, in what would be the first takeover of a top Italian team by Middle East investors. One source close to the talks told Reuters the deal to buy the seven-time European champions from current owner Elliott Management Corporation was near to completion. A potential valuation…

Entertainment & LifestylePolitics 07 April 2022, 4:45 am 1 minute Reuters exclusively reported that while many nations are stepping up efforts to seize assets from Russian oligarchs, authorities in Maldives are taking a cautious approach to enforcing sanctions. Maldives voted to condemn Russia’s invasion at the United Nations and publicly maintains it will assist international efforts against sanctioned Russians. But in reality, officials say they are concerned about the economic impact of deterring wealthy Russian visitors. Article…