Gabriele Pecchini

China readies £40bn financial sector stimulus package as growth slowdown sparks concern

China readies £40bn financial sector stimulus package as growth slowdown sparks concern

China has announced a 54bn dollars (£40bn) capital injection into its financial sector, as Beijing moves to strengthen banks and insurers amid slowing economic growth. Several financial institutions confirmed they will receive billions of yuan in capital from state bodies, including the ministry of finance and the company that oversees

Lifelong Friends and Verifiable Facts Must Step Aside for Saving Private Nige

Lifelong Friends and Verifiable Facts Must Step Aside for Saving Private Nige

Reform has spent recent days in turmoil following a Channel 4 News exposé suggesting the party was unconcerned about illegally accepting foreign donations. Initially, party representatives dismissed the footage as a fabrication, attributing it to establishment-aligned climate protesters. As scrutiny intensified, internal panic set in. Party figures struggled to

Far-right AfD wins major German state election but likely short of full majority

Far-right AfD wins major German state election but likely short of full majority

The populist far-right, anti-immigration Alternative für Deutschland has emerged as the winner in a state election in Germany, exit polls have projected, but it remains unclear whether it will be able to form a government and become the first far-right party to gain power at regional or

Tim Wellens secures Tour of Britain victory with decisive final stage performance

Tim Wellens secures Tour of Britain victory with decisive final stage performance

Tim Wellens, Belgian teammate of Tadej Pogacar at UAE Emirates XRG, claimed overall victory in the men’s Tour of Britain after seizing the race lead on Saturday’s fourth stage through the hills of North Yorkshire. Wellens began the final stage in Earlston with a 21-second advantage over

Brennan criticizes racing in 44C heat as Van Aert claims shortened stage victory

Brennan criticizes racing in 44C heat as Van Aert claims shortened stage victory

Britain’s Matthew Brennan expressed disbelief at the extreme heat riders endured on Sunday during stage 15 of the Vuelta a España. His Visma Lease a Bike teammate Wout van Aert took the sprint victory in Córdoba after the stage was shortened due to high temperatures. “It’s 41 degrees

Lewis Hamilton concedes world title hopes dashed following Italian Grand Prix disappointment

Lewis Hamilton concedes world title hopes dashed following Italian Grand Prix disappointment

Lewis Hamilton has conceded the Formula One world championship this year is virtually beyond reach after a challenging Italian Grand Prix. Hamilton’s afternoon included a collision with his Ferrari teammate Charles Leclerc, which he attributed to the team’s failure to heed his requests regarding driver management and race

Richard Hughes officially takes sporting director role at Al-Hilal following Liverpool exit

Richard Hughes officially takes sporting director role at Al-Hilal following Liverpool exit

Richard Hughes has been named sporting director of Al-Hilal, the Saudi Pro League club confirmed on Sunday, after his exit from Liverpool. Hughes, 47, moved to Liverpool in 2024 from Bournemouth. He appointed Arne Slot as Jürgen Klopp’s successor as head coach, a decision that produced immediate results