The Mittal family and vaccine billionaire Adar Poonawalla are set to acquire Rajasthan Royals, marking one of the most valuable and extensive franchise deals in cricket history, with international teams included. The Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, has struck a definitive agreement to acquire Rajasthan Royals in partnership with vaccine billionaire Adar Poonawalla, in a transaction valued at about $1.65 billion, according to Mint and corroborating reports from Indian business media. If completed, the deal would give the Mittals roughly 75% of the franchise, with Poonawalla taking about 18%, while the remaining 7% would stay…
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Broad gains across Tel Aviv’s main indices were driven by buoyant construction and technology sectors amid speculation of more aggressive interest rate cuts by the Bank of Israel, boosting trading volumes and sector rotation. Friday’s session on the Tel Aviv Stock Exchange ended with broad gains, as the main benchmarks…
The Supreme Court approaches May 2026 with a docket poised to redefine agency authority and reshape legal landscapes across sectors, impacting regulatory enforcement and corporate risk strategies. The Supreme Court is heading into May 2026 with a docket that is already shaping the legal and commercial landscape well beyond Washington.…
The US Environmental Protection Agency has announced a rolling public list of confidentiality claims under TSCA that are set to expire, prompting companies to review and renew their submissions before the June 2026 deadline to protect sensitive information. The US Environmental Protection Agency has begun publishing a public list of…
London-based biotech BioOrbit has raised £9.8 million in seed funding to develop space-based manufacturing of biologic medicines, aiming to revolutionise drug production and accessibility within the next decade. A London biotech co-founded by Dr Katie King and Dr Leonor Teles has raised £9.8 million in seed funding to pursue an…
Indian equities face a volatile week amid ongoing state assembly elections and rising crude prices, with geopolitical tensions and global cues further shaping short-term market movements. Indian equities are set for a volatile week as investors weigh the results of five state assembly elections against the drag from firmer crude…
The European Central Bank and the Bank of England are re-evaluating their monetary policies amid rising energy costs driven by Middle East tensions, with possible rate hikes on the horizon despite recent market expectations of easing. The European Central Bank and the Bank of England are shifting back towards a…
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A New York Times reporter has become the lead plaintiff in a landmark lawsuit accusing major AI companies of using journalistic work without permission, signalling a significant shift in the legal and ethical debates surrounding generative AI and media rights. A New York Times reporter has become the lead plaintiff…
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