LONDON Chinese investors are paying $400 million (�265 million) for a stake in the group that owns football clubs including England's Manchester City and New York City FC, the country's most significant overseas investment in the game.
Mike Platt, the billionaire founder of the $8bn BlueCrest hedge fund, is pushing out his external investors, arguing that the industry's fee model is no longer profitable enough to be worth the effort.
The Davies Commission, appointed by the government, recommended a third runway at Heathrow as the preferred option for airport expansion in July.
LONDON Dec 1 Global manufacturing growth remained tepid in November as new orders came in at a slower pace and factories ran down existing orders, a survey showed on Tuesday.
WASHINGTON U.S. manufacturing contracted in November for the first time in 36 months as the sector buckled under the weight of a strong dollar and deep spending cuts in the energy sector.