Man Utd agree £74m deal for Leipzig striker Sesko
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Reuters
16 minutes ago
- Reuters
Timbers acquire F Kristoffer Velde from Olympiacos
August 14 - By Field Level Media The Portland Timbers announced Wednesday that they have acquired Norwegian international Kristoffer Velde from Olympiacos FC of Greek Super League 1. Velde, 25, arrives for a $5 million transfer fee, according to reports. The forward will occupy a Designated Player spot on the Timbers roster and is under contract through 2028 with an option for '29. He replaces Uruguay international forward Jonathan Rodriguez, whom the club lost to a season-ending knee injury in July. The Haugesund, Norway, native joins a Portland attack led by All-Star midfielder David Da Costa and emerging 23-year-old winger Antony. "We are excited to welcome Kristoffer Velde as the newest member of the Portland Timbers," said general manager Ned Grabavoy. "It was a necessity in this transfer window to explore the market with the intent of adding a dangerous attacking threat, and Kristoffer gives us just that. "His aggressive mindset to go at defenders and cause issues for opponents off the dribble should make our attack more balanced and powerful. We are eager for his debut in the green and gold." Velde joins Portland after spending the 2024-25 season with Olympiacos. He tallied six goals and two assists in 34 matches across all competitions, helping Olympiacos FC win the Super Ligue 1 Championship and the 2024-2025 Greek Cup. Before playing for Olympiacos, Velde spent three seasons with top Polish side Lech Poznan (2022-2024), where he amassed 29 goals and 13 assists in 98 appearances and helped The Railwayman reach the 2021-2022 Polish Cup final and claim the 2021-2022 Ekstraklasa title. "Velde is an exciting player with incredible determination, drive and self-belief," Timbers head coach Phil Neville said. "His presence will spark our offense and implement a new level of creativity for the team. We believe he is going to be a major asset for us in our quest for success."
Reuters
25 minutes ago
- Reuters
Jewellery chain Claire's UK business falls into administration with 2,150 jobs at risk
LONDON, Aug 13 (Reuters) - More than 2,150 jobs are at risk after the UK business of struggling jewellery chain Claire's called in administrators. Insolvency practitioners Interpath said on Wednesday they had been appointed joint administrators to Claire's Accessories UK Ltd, the operator of Claire's 306 stores across the UK and Ireland. The move comes a week after its parent filed for bankruptcy protection in the United States. Headquartered in Birmingham, central England, Claire's is known for its trend-led accessories and as a destination for ear piercing. The administrators said they intend to continue to trade the business while they assess its options, including exploring the possibility of a sale as a going concern. As such, all UK and Ireland stores will remain open. However, customers will no longer be able to place orders online. 'Over the coming weeks, we will endeavour to continue to operate all stores as a going concern for as long as we can, while we assess options for the Company," Will Wright, Interpath's UK CEO, said. "This includes exploring the possibility of a sale which would secure a future for this well-loved brand."
Reuters
an hour ago
- Reuters
Bessent says Japan 'behind the curve' in monetary tightening, in Bloomberg interview
TOKYO, Aug 14 (Reuters) - U.S. Treasury Secretary Scott Bessent said Japan is being late in handling monetary tightening during an interview with Bloomberg Television. Bessent also said that U.S. Treasury yields are feeling the impact of overseas developments, including from Japan and Germany. "There's definitely leakage from — the Japanese have an inflation problem," Bessent said in the interview. Bessent mentioned that he had spoken with Bank of Japan Governor Kazuo Ueda. "My opinion, not his — they're behind the curve. So they're going to be hiking," he added. The U.S. Federal Reserve should lower the policy interest rate at least by 1.5%, Bessent also said, suggesting the central bank execute the rate cut by 50 basis points in September.
