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…
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…
Ahead of potential re-rating, American Express’s unique subscription model and integration of AI tools could boost long-term shareholder returns, according to analysis. American Express looks like a business built for patience: a premium card network with recurring revenue traits, pricing power and a long record of returning cash to shareholders.…
Greenly’s UK campaign, mimicking The Economist’s style, aims to position carbon data as a critical tool for economic performance, blurring the lines between environmental and financial intelligence. Greenly has launched a UK campaign that deliberately borrows the look and feel of The Economist, recasting itself as “The Ecologist” in a…
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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…
As London touts the economic and psychological benefits of transforming Oxford Street, critics argue that the scheme risks damaging local businesses and community cohesion, exposing flaws in the projected benefits andurban planning priorities. Scott Parsons, tasked with overseeing Oxford Street’s pedestrianisation, claims he’s vital to London’s supposed economic revival and…
A new 24-hour bingo and slots hall in Shepherd’s Bush exemplifies the unchecked proliferation of gambling venues, highlighting urgent calls for reform amid community concerns over safety and exploitation. A recently opened 24-hour bingo and slots hall in Shepherd’s Bush starkly highlights the failure of local authorities and national policy…
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