UEFA members unanimously voted to boycott FIFA tournaments if Gianni Infantino's private investment plan (FFE) isn't scrapped by September 19. This decision marks a victory for UEFA President Aleksander Ceferin, but FIFA is expected to resist, setting the stage for an escalating power struggle within global football governance.
UEFA and Concacaf members unanimously voted to boycott future World Cups if FIFA sells stakes in its competitions to private investors. FIFA denied "selling football" and plans a consultation, but appeared to back off from establishing a public equity group without member agreement.
British Prime Minister Andy Burnham has called for FIFA President Gianni Infantino to resign, citing his 'outrageous' plans to sell a stake in the World Cup to outside investors, a proposal also opposed by European football body UEFA.
Former England defender Anita Asante warns women's football will suffer first if Fifa sells competition stakes to private investors, as Uefa's 55 member associations boycott Fifa competitions.
FIFA's plan to sell World Cup chunks to private investors sparks outrage; Uefa must decide by 19 September, with potential seismic implications for football's governance and future.
Uefa and Andy Burnham have condemned Fifa’s plan to invite private investment into a new commercial subsidiary. Fifa says the move would expand football development funding, but critics fear it could commercialise the World Cup further.
Stocks were mixed Wednesday, with a tech split as chip stocks rallied and software lagged. An OpenAI security incident is seen as a catalyst for cybersecurity firms. Johnson & Johnson received early FDA approval for its Ottava robotic surgical system, and Goldman Sachs launched a new platform for wealthy clients to invest in private companies.
Goldman Sachs has introduced a new alternative investments platform to offer wealthy clients and family offices direct stakes in fast-growing private companies, including those benefiting from the AI investment boom, and to facilitate secondary market transactions for private holdings.
Private investment in Russia's rocket and space industry is projected to surpass 100 billion rubles ($1.3 billion) by 2030, according to Roscosmos Deputy General Director Grigory Maximov. He noted that private companies understand market dynamics and potential returns. In 2026, 5 billion rubles from the federal budget were allocated for Earth remote sensing imagery.
EasyJet's board is criticized for accepting a £5.5bn takeover offer from Castlelake at 690p per share, seen as an undervaluation despite the premium. Analysts argue the airline has strong assets and a clear path to higher profitability, suggesting the board gave up too easily.
EasyJet's board is criticized for accepting a £5.5bn takeover bid from Castlelake at 690p per share, seen as a sign of timidity. Despite recent challenges, the airline has a clear path to increased profitability and strong assets, suggesting a higher valuation is achievable.
Cuba's Communist Party has approved reforms to open more sectors to private investment, including tourism and foreign direct investment. The move comes amid increased US economic pressure, resource shortages, and power outages on the island. The reforms aim to revitalize key sectors and decentralize decision-making.
A framework agreement between the US and Iran reportedly includes a $300 billion private investment fund, with over half secured by investors from various global regions. The fund aims to incentivize a final deal, focusing on energy, logistics, manufacturing, and transportation, and will operate post-agreement, contingent on Iran dismantling its nuclear program.
Un accord-cadre entre les États-Unis et l'Iran pourrait inclure un fonds d'investissement privé de 300 milliards de dollars pour soutenir l'économie iranienne. Ce fonds, distinct des sanctions, serait conditionné à un accord final et impliquerait des entreprises mondiales.
Yunnan Province has released 42 measures across four key areas to encourage private investment, focusing on expanding investment fields, optimizing the business environment, supporting innovation, and strengthening resource guarantees to promote private capital's willingness and ability to invest.
United Aircraft Corporation (UAC) is exploring the possibility of attracting private investment in the future, but CEO Vadim Badekha stated that this depends on achieving sustainable financial performance and profitability. UAC aims to become profitable, efficient, and transparent, with expectations of posting a profit in 2026.
Colombia, Mexico, and Ecuador are advocating for innovative housing finance models at the World Urban Forum in Baku to address affordable, climate-resilient urban development amid growing populations and inequality in Latin America.
LIV Golf is reportedly planning a post-Saudi PIF future, including player equity, a 10-event league, and seeking $350M in new investment. Sources deny bankruptcy rumors, citing significant player interest.
Ultra-wealthy family offices increased investments in chipmakers like Nvidia and Micron in Q1 2026, with some seeing significant gains. Approaches to energy stocks varied amidst the Iran war, with some doubling down and others exiting positions.
Government has opened highway project bids to venture capital, private equity, infrastructure, and pension funds, a significant policy change. This move aims to attract substantial private investment by allowing these financially robust entities to partner with experienced construction firms.
A bonfire of red tape to unleash investment and complete stalled projects across Vietnam may drive economic expansion but is unlikely to offset the damage caused by US tariffs and the fuel crisis which have threatened the country’s growth ambitions. Vietnam’s Communist Party General-Secretary and President To Lam, the most powerful leader in a generation, has set an annual growth target of 10 per cent until 2030 to galvanise a nation whose ponderous bureaucracy has snarled private investment and...
A bonfire of red tape to unleash investment and complete stalled projects across Vietnam may drive economic expansion but is unlikely to offset the damage caused by US tariffs and the fuel crisis which have threatened the country’s growth ambitions. Vietnam’s Communist Party General-Secretary and President To Lam, the most powerful leader in a generation, has set an annual growth target of 10 per cent until 2030 to galvanise a nation whose ponderous bureaucracy has snarled private investment and...
When it comes to artificial intelligence, the United States still dominates the headlines – and, by most conventional measures, the technology itself. American institutions continue to produce a large share of high-impact AI research, and private investment reached over US$109 billion in 2024, nearly 12 times China’s total, according to the Stanford Institute for Human-Centred AI. At the same time, the economics of AI are rapidly improving. Training and deployment costs have fallen dramatically...
LIV Golf confirmed Thursday that its Saudi Arabian backer, the Public Investment Fund, will stop funding after the 2026 season, ending a $5 billion investment since 2022. The league announced a new board chaired by Eugene Davis of Pirinate Consulting Group to attract new investors and replace PIF governor Yasir Al-Rumayyan. LIV Golf stated it is moving to a diversified, multi-partner investment model while maintaining its commitment to world-class golf.
