Keywords: Business


Wales withdraws backing for Gianni Infantino after FIFA commercial rights plan collapses

The Football Association of Wales (FAW) has announced it will no longer support FIFA President Gianni Infantino's bid for another four-year term, following the collapse of a controversial proposal to sell a stake in the commercial rights of FIFA competitions. The decision represents a notable political......

Sunil Chhetri urges Tata Group to reconsider Jamshedpur FC exit from Indian Super League

Former India captain Sunil Chhetri has appealed to Tata Group to reverse its decision to withdraw Jamshedpur FC from the Indian Super League (ISL), warning that the conglomerate’s departure would deal a significant blow to the development of professional football in the country. The appeal came......

Morocco and Taiwan suspend visa processing under reciprocal measures

Taiwan's Ministry of Foreign Affairs has announced the suspension of visa application processing for Moroccan citizens, citing the principle of reciprocity in bilateral travel arrangements. The measure follows Morocco's decision to temporarily halt the issuance of visa confirmation documents......

Infantino withdraws FIFA private investment proposal after global criticism

FIFA President Gianni Infantino has withdrawn a proposal to introduce private investors into part of FIFA's commercial operations following strong opposition from football organizations and growing concerns over the future governance of the world's governing body for football. The proposal......

FIFA-UEFA dispute raises questions over 2030 World Cup preparations as Morocco remains outside the European disagreement

Growing tensions between FIFA and UEFA have sparked fresh debate over the future organization of the 2030 FIFA World Cup, which is scheduled to be jointly hosted by Morocco, Spain, and Portugal. While the tournament plans remain unchanged, the disagreement over FIFA’s proposed commercial reforms......

US economy cools in second quarter as consumer spending and AI investment sustain growth

The U.S. economy lost momentum during the second quarter of 2026, expanding at a slower pace than economists had anticipated. However, resilient consumer spending and continued investment in artificial intelligence infrastructure suggest that domestic demand remains strong despite mounting external pressures. According......

Bombardier returns to positive free cash flow as private jet demand strengthens

Canadian aircraft manufacturer Bombardier has returned to positive free cash flow in the second quarter of 2026, supported by stronger demand for private jets and continued growth in its order backlog. The Montreal-based aerospace company reported a significant improvement in its financial position......

Morgan Stanley sees AI boosting U.S. corporate profit margins by 2027

The growing adoption of artificial intelligence could become a major driver of profitability for U.S. companies over the next few years, according to an analysis by Morgan Stanley. The investment bank expects AI to move beyond experimentation and begin delivering more tangible financial and operational......

Cristiano Ronaldo explores fiction with upcoming series “Day 1s”

Cristiano Ronaldo could soon take on a new role away from professional football, with the Portuguese star reportedly linked to “Day 1s,” a drama series exploring the hidden world of the football industry. The project is expected to take viewers behind the scenes of professional football,......