PSG Defies League Order, Refuses to Pay Mbappé €55 Million in Wages and Bonuses

Paris Saint-Germain (PSG) has officially refused to pay Kylian Mbappé €55 million ($60.6 million) in unpaid wages and bonuses, defying an order from the French Professional Football League (LFP). The dispute centers around Mbappé’s salaries for April, May, and June 2024, as well as a portion of his signing bonus due on February 29.The LFP’s… Continue reading PSG Defies League Order, Refuses to Pay Mbappé €55 Million in Wages and Bonuses

ECB Cuts Key Rate to 3.5%, Adjusts Rate Corridor Amid Economic Uncertainty

The European Central Bank (ECB) has announced a 25 basis point reduction in its key deposit rate, lowering it to 3.5% from 3.75%. This marks the second rate cut of 2024 and comes in response to cooling inflation and concerns about economic growth in the eurozone. ECB President Christine Lagarde stated, ‘We are not committing… Continue reading ECB Cuts Key Rate to 3.5%, Adjusts Rate Corridor Amid Economic Uncertainty

PSG Defies League Order, Refuses to Pay Mbappé €55 Million in Wages and Bonuses

Paris Saint-Germain (PSG) has officially refused to pay Kylian Mbappé €55 million ($60.6 million) in unpaid wages and bonuses, defying an order from the French Professional Football League (LFP). The dispute centers around Mbappé’s salaries for April, May, and June 2024, as well as a portion of his signing bonus due on February 29.The LFP’s… Continue reading PSG Defies League Order, Refuses to Pay Mbappé €55 Million in Wages and Bonuses

ECB Cuts Key Rate to 3.5%, Adjusts Rate Corridor Amid Economic Uncertainty

The European Central Bank (ECB) has announced a 25 basis point reduction in its key deposit rate, lowering it to 3.5% from 3.75%. This marks the second rate cut of 2024 and comes in response to cooling inflation and concerns about economic growth in the eurozone. ECB President Christine Lagarde stated, ‘We are not committing… Continue reading ECB Cuts Key Rate to 3.5%, Adjusts Rate Corridor Amid Economic Uncertainty

Ten Hag Dismisses Ronaldo’s Criticism as PSG Ordered to Pay Mbappé €55 Million

Manchester United manager Erik ten Hag has dismissed recent criticism from Cristiano Ronaldo, stating that the Portuguese star is ‘far away in Saudi, far away from Manchester’ and out of touch with events at his former club. Ronaldo had taken issue with ten Hag’s comments that Manchester United are ‘a long way’ from winning the… Continue reading Ten Hag Dismisses Ronaldo’s Criticism as PSG Ordered to Pay Mbappé €55 Million

ECB Cuts Key Interest Rate to 3.5% Amid Economic Slowdown and Cooling Inflation

The European Central Bank (ECB) has announced a 25 basis point reduction in its key interest rates, lowering the deposit rate to 3.5%. This marks the second rate cut of the year and comes in response to cooling inflation and concerns about economic growth in the eurozone.ECB President Christine Lagarde stated, ‘Based on our updated… Continue reading ECB Cuts Key Interest Rate to 3.5% Amid Economic Slowdown and Cooling Inflation

Ten Hag Dismisses Ronaldo’s Criticism as PSG Ordered to Pay Mbappé €55 Million

Manchester United manager Erik ten Hag has dismissed recent criticism from Cristiano Ronaldo, stating that the Portuguese star is ‘far away in Saudi, far away from Manchester’ and out of touch with events at his former club. Ronaldo had taken issue with ten Hag’s comments that Manchester United are ‘a long way’ from winning the… Continue reading Ten Hag Dismisses Ronaldo’s Criticism as PSG Ordered to Pay Mbappé €55 Million

ECB Cuts Key Interest Rate to 3.5% Amid Economic Slowdown and Cooling Inflation

The European Central Bank (ECB) has announced a 25 basis point reduction in its key interest rates, lowering the deposit rate to 3.5%. This marks the second rate cut of the year and comes in response to cooling inflation and concerns about economic growth in the eurozone.ECB President Christine Lagarde stated, ‘Based on our updated… Continue reading ECB Cuts Key Interest Rate to 3.5% Amid Economic Slowdown and Cooling Inflation

Biotech Sector Sees Mixed Analyst Ratings as Centessa Pharmaceuticals Announces $150 Million Offering

The biotech and pharmaceutical sectors are experiencing significant fluctuations as analysts and financial institutions reassess their positions. StockNews.com has initiated coverage on Cara Therapeutics (NASDAQ:CARA) and Tonix Pharmaceuticals (NASDAQ:TNXP) with ‘sell’ ratings. This comes as both companies face challenges, with Cara Therapeutics missing earnings estimates by $0.10 per share in its last quarterly report, and… Continue reading Biotech Sector Sees Mixed Analyst Ratings as Centessa Pharmaceuticals Announces $150 Million Offering

Biotech Sector Sees Mixed Analyst Ratings as Centessa Pharmaceuticals Announces $150 Million Offering

The biotech and pharmaceutical sectors are experiencing significant fluctuations as analysts and financial institutions reassess their positions. StockNews.com has initiated coverage on Cara Therapeutics (NASDAQ:CARA) and Tonix Pharmaceuticals (NASDAQ:TNXP) with ‘sell’ ratings. This comes as both companies face challenges, with Cara Therapeutics missing earnings estimates by $0.10 per share in its last quarterly report, and… Continue reading Biotech Sector Sees Mixed Analyst Ratings as Centessa Pharmaceuticals Announces $150 Million Offering

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