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…
Hong Kong equities experienced a week of subdued trading, with the Hang Seng Index slipping below 26,000, yet Hong Kong Exchanges and Clearing showcases strong fundamentals and ongoing structural reforms to support long-term growth. Hong Kong equities ended the week under pressure as the Hang Seng Index slipped back below…
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Meta Platforms is deepening AI integration into its advertising infrastructure, aiming to automate ad creation and targeting by 2026, amid partnerships with rivals and expansion into industrial AI and hardware manufacturing. While generative AI models and computational advances often headline the technology narrative, the substantive transformation wrought by AI is…
Emerging trends in private market investing are opening new opportunities for retail investors, but complexities and risks remain central to the ongoing evolution of Europe’s venture capital landscape. Investors have long been drawn to the promise of “the technology of tomorrow,” seeking to back innovations that could shape the future…
The £1 billion Liverpool Street Station redevelopment faces further delays after revised plans are sent back for increased public scrutiny, amid public opposition, heritage concerns, and environmental criticisms that threaten the project’s future. The long-anticipated redevelopment of Liverpool Street Station, one of the UK’s busiest transport hubs, faces another delay…
Chancellor Rachel Reeves declines a £1 billion emergency NHS budget boost sought by Health Secretary Wes Streeting, as the government proceeds with a major overhaul involving 18,000 redundancies, sparking debate over the NHS’s future sustainability. Chancellor Rachel Reeves has declined Health Secretary Wes Streeting’s request for an emergency £1 billion…
Network Rail’s £1 billion plans to overhaul Liverpool Street Station have been delayed again amid fierce controversy over heritage impacts, financial viability, and sustainability concerns, raising fears about London’s historic character and future growth. Network Rail’s £1 billion redevelopment of Liverpool Street Station, one of the city’s most strategic transport…
The UK government has announced plans to limit the number of mandatory branded items in school uniforms as part of legislation aimed at reducing financial burdens on families across England, with measures starting from September 2026. The UK Government has taken steps to address growing concerns over the high cost…
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