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German Entrepreneur Wanja Oberhof Arrested in New York on $2.5M Fraud Charges
German entrepreneur Wanja Oberhof arrested in New York for allegedly defrauding former Siemens CEO Klaus Kleinfeld of $2.5 million through a wellness app investment scheme.
Ratcliffe Doubles Down on UK Criticism; Man United Fans Demand His Exit
Manchester United co-owner Sir Jim Ratcliffe faces fresh backlash after doubling down on immigration criticism during BBC interview. Muslim supporters’ club demands his exit.
Indonesia’s First Aircraft Carrier Arrives in Jakarta on September 18
Indonesia receives its first aircraft carrier, the former Italian Navy ship Giuseppe Garibaldi, at Jakarta’s Tanjung Priok port on September 18. The vessel will serve for 15-20 years after a S$79 million grant from Italy.
Realty Income Jumps on €528M KKR European Deal; Meyka Grades O a B
Realty Income partners with KKR on €528M European real estate deal. AFFO guidance raised to €4.44-€4.45 per share. Meyka grades O a B with 5.7% dividend yield.
Steel Tycoon Sanjeev Gupta’s Empire Collapses: 500 Jobs Lost at Whyalla
Sanjeev Gupta’s steel empire collapses with 500 job losses at Whyalla. Investigative journalist Paul Barry’s book reveals how the tycoon fooled governments and creditors across the world.
Trump Secures Greenland Security Deal With Denmark on September 19
Trump announces permanent U.S. control over Greenland’s security in deal with Denmark. Russia and China barred from bases. Agreement to be signed at UN General Assembly next week.
Gina Rinehart Becomes Top Shareholder in Son’s Copper Explorer, September 17
Gina Rinehart’s Hancock Prospecting invests AU$8.7 million for 13.5% of White Cliff Minerals, overtaking her estranged son John Hancock as top shareholder. WCN stock surged 17.7% on the news.
White Cliff Minerals Surges 17.7% as Rinehart Invests A$8.7M
Gina Rinehart’s Hancock Prospecting invests A$8.7M in White Cliff Minerals, acquiring 13.5% stake. WCN shares surge 17.7% as copper explorer gains backing from Australia’s richest person.
Cumulus and Zimmer Press FCC to Lift Radio Ownership Caps, September 15
Cumulus Media and Zimmer Communications urge FCC to repeal local radio ownership caps, citing competition from Spotify, YouTube, and digital ad platforms that have cut into broadcast radio revenues since 1996.