Fifa president Gianni Infantino has apologised for errors in aborted plans to sell tournament stakes to private investors, securing backing from senior executives in Rabat while facing continued resistance from Uefa.
Japanese Prime Minister Sanae Takaichi is pushing to cut the food consumption tax from 8% to 1% for two years starting in April 2027, drawing criticism from party members and the IMF over high public debt risks.
Prince Ali bin al-Hussein accuses FIFA of blackmail, alleging threats to withhold aid from Jordan's football federation unless it supports Gianni Infantino's re-election bid. Infantino faces growing opposition as key allies distance themselves and multiple nations withdraw support.
Gianni Infantino's FIFA presidency faces a crisis after a controversial private investment plan, valued at $20 billion, was withdrawn. Football associations globally, including UEFA and CONCACAF, condemned Infantino's leadership, citing a lack of transparency and poor governance, and called for accountability and a comprehensive review.
FIFA President Gianni Infantino faces potential ousting after backlash over secretive plans to sell stakes in competitions to private investors, with Uefa threatening a boycott and multiple federations expressing discontent.
FIFA has abandoned its proposal to allow private investors to purchase stakes in major competitions, including World Cups, following fierce opposition from confederations like UEFA, CONCACAF, and AFC, which cited concerns over governance and the commercialization of the sport.
FIFA President Gianni Infantino announced the scrapping of plans to sell a stake in the World Cup and other events to private investors, following overwhelming global backlash and expressions of no confidence from major football bodies like UEFA and the Dutch FA.
FIFA President Gianni Infantino faces widespread calls for resignation or legal removal following a series of controversies, including a failed plan to sell World Cup portions and criticism over governance, leading UEFA to threaten boycotts and other federations to consider withdrawing support.
UEFA's threat to boycott FIFA competitions over a proposal to sell World Cup stakes to private investors placed women's football on the frontline. The plan, which would have severely impacted the women's game, ultimately collapsed, highlighting the risks posed by FIFA President Gianni Infantino's governance.
FIFA defends its plan to allow private investors to acquire stakes in World Cup tournaments, facing strong opposition and boycott threats from UEFA, CONCACAF, and AFC. The proposal, aiming to raise $4.2 billion, would provide significant payments to member associations but is criticized for commercializing the sport.
FIFA President Gianni Infantino is under increasing pressure as global football bodies UEFA, CONCACAF, and AFC, along with a senior advisor, oppose his controversial plans to sell a stake in a new commercial subsidiary to private equity investors, prompting boycott threats.
UEFA announced it will boycott FIFA competitions, including the World Cup, if FIFA proceeds with its plan to sell a 20% stake in a new commercial entity, FIFA Forward Enterprise, to private investors. Concacaf also rejected the proposal, which has drawn scrutiny due to FIFA President Gianni Infantino's ties to Joshua Kushner's firm.
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.
