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UEFA Threatens World Cup Boycott as Infantino Pushes $20B Private Equity Deal
UEFA and 55 European nations vote to boycott FIFA competitions over Infantino’s plan to sell World Cup stakes to private equity. The $20 billion deal faces global resistance.
UEFA Vows World Cup Boycott Over FIFA’s $20B Private Equity Sale Plan
UEFA and 55 European nations threaten to boycott the World Cup and all FIFA competitions if FIFA proceeds with selling a 20% stake in World Cup commercial operations to private equity investors. Concacaf also rejected the plan.
Izumi and Hiroyuki Launch New Political Party Ahead of Spring 2027 Local Elections
House of Councillors member Izumi Fusao and 2channel founder Hiroyuki Nishimura establish a political party to contest Japan’s spring 2027 local elections with new candidates.
BMW Plans 8,000 Job Cuts by End of 2027 Amid China Slump
BMW to cut 8,000 jobs by end-2027 via voluntary redundancy program. Move targets admin and R&D roles in Germany as China sales plunge 30% and competition intensifies.
Adidas (ETR: ADSGn) Plunges 17% After Q2 Profit Misses Estimates Despite Record €6.74B Sales
Adidas shares plunged as much as 17.5% Thursday, its steepest drop in six years. The German sportswear maker posted record Q2 revenue of €6.74 billion. That figure beat estimates despite Adidas missing badly on operating profit. Operating profit rose just 5.1% to €574 million, below the €615.6 million forecast. Heavy marketing spending tied to the…
Meta Stock Drops 10% After Q2 Earnings Miss, Free Cash Flow Collapses 91%
Meta shares fell 10% after Q2 earnings missed EPS expectations. Free cash flow collapsed 91% to $784M as AI spending surged. Full-year capex raised to $130-145B.
MCX Gold (GOLD) Rises 0.26% to ₹1,42,150 as Fed Holds Rates; Brent Crude Falls to $89.71, WTI at $83.78
MCX Gold rose 0.26% to ₹1,42,150 on July 30, 2026, after the US Federal Reserve held interest rates steady. The FOMC voted 9-3 to keep rates at 3.50%-3.75% for a fifth straight meeting. Brent crude fell 1.14% to $89.71 per barrel, while WTI slipped 0.81% to $83.78. Gold gained despite a stronger dollar and higher…
Redington Stock Soars 18% to 52-Week High After Q1 FY27 PAT Jumps 77%
Redington shares surged 18% to a 52-week high of ₹338.50 on July 30, 2026. The rally followed record Q1 FY27 results announced after market hours on July 29. Consolidated net profit jumped 77% year-on-year to ₹486 crore. Revenue rose 35% to ₹34,966 crore, marking the company’s highest-ever quarterly performance. Strong demand across cloud, cybersecurity, and…
KPIT Technologies (NSE: KPITTECH) Stock Plunges 8% After Q1 FY27 Earnings; Analysts Weigh In
On 30 July 2026, KPIT Technologies (NSE: KPITTECH) shares fell nearly 8% after the company reported weaker-than-expected Q1 FY27 earnings. Profit dropped as global automotive demand stayed weak and margins came under pressure, adding to investor concerns. The sharp decline in the stock price also led several brokerages to revisit their outlook. So, what caused…