Dubai financier bids $400m for Newcastle United – Gulf Business

  Dubai-based financier Amanda Staveley has made a formal offer to buy English Premier League football club Newcastle United, according to reports. UK broadcaster Sky News reports that Staveley’s PCP Capital Partners has submitted a bid of around GBP300m ($397.4m) to buy the club from sportswear tycoon Mike Ashley. Source: Dubai financier bids $400m for Newcastle United – Gulf Business

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Advisers would recommend their careers to young people | Mortgage Introducer

Four in five (80%) mortgage advisers would recommend young people follow in their footsteps, a survey conducted by education body the London Institute of Banking and Finance (LIBF) has found. The majority (86%) find helping consumers achieve their life goals the most enjoyable and rewarding part of their job. Source: Advisers would recommend their careers to young people | Mortgage Introducer

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ADNOC listing could raise up to $2.8bn – Gulf Business

Abu Dhabi National Oil Co (ADNOC) said on Monday it may sell as much as a 20 per cent stake in its fuel distribution unit, potentially raising up to $2.8bn.Analysts valued the total fuel distribution unit at between $11bn and $14bnin reports prepared by banks advising the firm on the planned listing, sources have told Reuters. Source: ADNOC listing could raise up to $2.8bn – Gulf Business

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Deutsche Bank CEO: Competition with tech, non-banks a prime concern

Deutsche Bank spends most of its time thinking about how it can be competitive with companies that are not banks, such as coffee chain Starbucks, its chief executive has said. John Cryan said Friday that the bank was not just thinking about competition with other financial institutions but other sectors like technology. Source: Deutsche Bank CEO: Competition with tech, non-banks a prime concern

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Goldman Sachs says 2017 was surprisingly good

This has been a good year for the global economy, and 2018 will follow that trend, analysts at Goldman Sachs said. Economic growth around the world has picked up steam this year. Germany — Europe’s largest economy — grew an unexpectedly strong 0.8 percent in the third quarter. In Japan, the economy has grown for seven straight quarters. Meanwhile, in the U.S., the economy grew 3 percent in the third quarter. Source: Goldman Sachs says

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