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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.
Uniswap USD Jumps 10.2% to $4.40 as RSI Hits Overbought Territory
UNIUSD surged 10.2% to $4.40 in 24 hours with RSI at 70.73, signaling an overbought short-term move and strong uptrend momentum.
BNB Climbs 3.9% to $593.94 as RSI Signals Neutral Ground
BNB USD rose $22.55 to $593.94 in 24 hours. Technical indicators show mixed signals with RSI at 45.53 and price above the 50-day moving average.
Fed Holds Rates at 3.5-3.75% as Three Officials Dissent; DAX Closes Mixed July 30
Fed holds rates steady at 3.5-3.75% with three dissents. German DAX rises 0.6% despite inflation fears and rising US Treasury yields. Adidas crashes 13% on profit warning.
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…
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…
Lloyds (LLOY.L) Jumps After H1 Profit Climbs 23% to £4.3B, Bank Targets Additional £2B Cost Cuts
Lloyds Banking Group shares jumped on July 30, 2026, after posting a £4.3 billion pre-tax profit for H1 2026. The figure beat an internal target of £4.1 billion and rose 23% from £3.5 billion a year earlier. Net interest income climbed 9% to £7.3 billion. Lloyds also unveiled a further £1 billion share buyback and…