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Mittal Family-Backed Group in Talks to Buy Minority Liverpool Stake Valued Over $6 Billion

Investors led by Amit Bhatia and backed by the Mittal family are in talks with Fenway Sports Group to acquire a significant minority stake in Liverpool FC, with valuations cited above $6 billion, underscoring strong demand for Premier League assets. The deal could shift investor attention and sentiment around top clubs, including Manchester United, as advisers are engaged and discussions continue.

11 sources

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Thames Water Lenders Plan Golden Share

Thames Water’s creditors, led by London & Valley Water, have offered a “golden share” and expanded public oversight to try to avert nationalisation under Prime Minister Burnham, while seeking to work with regulators on a revised rescue package and avoid a special administration regime. The proposed deal includes long-term no-dividend commitments and stronger local-government and ministerial control, as Burnham’s government pushes for greater public involvement in the utility.

5 sources

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ADNOC Approves $6.2B Umm Shaif Gas Project

ADNOC has taken a final investment decision worth about $6.2 billion to develop the Umm Shaif gas cap in Abu Dhabi with TotalEnergies, Eni and CNPC, aiming to unlock more than 600 million standard cubic feet per day by 2030 and strengthen the UAE’s gas supply and LNG capabilities. The investment reflects the UAE’s push to boost domestic gas output and energy security amid rising global demand and regional tensions, with related developments like the Bab gas cap expanding output and LNG capacity.

22 sources

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Revolut Bank Australia launches after APRA licence

Revolut has officially become a licensed authorised deposit-taking institution in Australia, launching Revolut Bank Australia with plans to invest around AUD 400 million over five years and migrate existing customers onto the new bank. The bank offers instant-access savings with competitive rates, a no-fee credit card, and government-guaranteed deposits while aiming to disrupt the established Big Four banks and broaden Revolut’s Australian product suite.

14 sources

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MAGA Inc War Chest Tops $400 Million Ahead of Midterms

Trump-aligned MAGA Inc has amassed more than $400 million in cash by the end of June, up from $300 million at the start of the year, with June contributions including $1 million from Jared Isaacman and $10 million from Tyler and Cameron Winklevoss who liquidated bitcoin. This vast fundraising edge underscores a dominant financial position for Trump allies ahead of the 2026 midterms, as other GOP fundraising groups also hold large cash reserves, while June spending by MAGA Inc was relatively light.

7 sources

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LSE plans night-time trading venue 2027

The London Stock Exchange plans a dedicated overnight trading venue in 2027 that will run from 5:00 pm to 7:50 am London time, initially offering exchange-traded products while leaving the main market’s hours unchanged. The move, touted by LSE chief executive Julia Hoggett as meeting growing retail demand and competition from 24/7 crypto platforms, will also position the LSE to support future AI-driven trading tools.

12 sources

Photo: Mass Communication Specialist 1st Class Chad J. McNeeley (United States Navy) / Wikimedia Commons (Public domain)

Nearly 100 U.S. Troops Injured in Iran Strikes

Nearly 100 U.S. service members have been injured in Iranian airstrikes across the Middle East, with 96% back on duty and most injuries described as minor concussions, as Pentagon data shows 427 injuries since Operation Epic Fury began. The death toll has risen to 17 amid a tenth straight day of strikes, with President Donald Trump reiterating the goal of preventing Iran from acquiring a nuclear weapon as diplomacy surfaces a potential ceasefire.

13 sources