Inter Milan’s Chinese owners spent heavily on big stars, and now it is winning again. But the bill is coming due, putting the team’s future in doubt.
Tag: Finances
Pope Francis Strips Powerful Vatican Office of Its Financial Assets
A financial scandal involving the secretariat of state has given fresh impetus to Francis’ reform agenda.
Neverland Ranch Is Sold for $22 Million
Ronald W. Burkle, the billionaire co-founder of the investment firm Yucaipa Companies, bought the ranch for a reported $22 million.
Joseph Safra, Banker Who Was the Richest Brazilian, Dies at 82
An immigrant from Lebanon, he earned a reputation as a canny dealmaker overseeing a family banking empire reaching from São Paulo to Geneva to New York.
U.S. Imposes Sanctions on Qaeda Financier Who Trades in Gems
The action shows that the U.S. government remains concerned about how extremist groups like Al Qaeda and the Islamic State continue to creatively raise and distribute money around the world.
Sotheby’s Reports $2.5 Billion in Sales
The auction house says that figure reflects a “resilient” market amid the coronavirus. But it represents a 25 percent decrease in auction sales, analysts say.
Putin Speaks, Officials Shrug, and Doctors Are Caught in the Middle
A botched effort to reward people keeping the coronavirus in check leaves doctors and nurses who demand their due facing scrutiny.