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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Opendoor Technologies experiences a dramatic share surge driven by strategic warrant issuance and its shift towards AI and software-driven models, reigniting meme stock enthusiasm amid ongoing financial challenges and market volatility. Opendoor Technologies has witnessed a remarkable resurgence, with its shares surging by over 20% following a strategic announcement involving…
Data reveals a sharp decline in affordable housebuilding across London, exposing failures of current policies and leadership amid a worsening housing emergency. The dismal state of affordable housebuilding in London is a clear indictment of the current administration’s failure to deliver for ordinary Londoners. Data from the Greater London Authority…
The Olympic Velodrome in Stratford has captured attention with its unusual ‘farting’ sounds during fireworks, highlighting architectural quirks that create surprising urban acoustics and adding a humorous twist to London’s festive celebrations. A quirky and amusing phenomenon has captured the attention of East Londoners as the Olympic Velodrome in Stratford…
The Drey, a pioneering staff-lite, digitally operated hotel in Earl’s Court, challenges traditional hospitality by emphasising sustainability, community engagement, and seamless, tech-enabled stays aimed at modern travellers. The Drey, an innovative new hotel concept, is set to open its first property in Earl’s Court, London, later this year. The 125-room…
As Gail’s prepares to open a new branch at Crystal Palace hill, local businesses and residents voice concerns over the potential threat to community diversity and the survival of small independent cafés amid rapid corporate expansion. Businesses in south London are expressing deep concerns as Gail’s bakery prepares to open…
Amid rising homelessness and stretched support services, Sheffield’s charities launch innovative fundraising initiatives, including the inaugural CEO Sleep Out, to combat a looming funding shortfall and support vulnerable young people. Homelessness remains a pressing crisis in Sheffield, with numbers rising sharply in recent years and support services increasingly stretched to…
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