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...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...This year, the big golf prize on Wall Street won’t be won on the 18th green at Pebble Beach....
...LIV Golf, which has just launched its third season, has poached a handful of star players from the PGA Tour....
...At the time of Woods’ signing, golf was little more than an accessory category for the sportswear maker....
...Samsung, which launched its latest flagship Galaxy S24 phone in January, had a 23 per cent share after shipments fell just under 1 per cent year on year to 60.1mn....
...The US group, for so long the dominant force in golf, has lost some of the biggest draws in the sport, from Phil Mickelson to Cameron Smith....
...Klein acted as an adviser on the agreement between the PIF and the PGA Tour, which is designed to reunify golf and end a bitter legal dispute over the launch of LIV Golf....
...Galaxy has partnered with Invesco to launch a spot bitcoin ETF. Kurz says that what remains in question is the operational half of the due diligence process....
...Transfer Market Two big changes in the upper echelons of golf....
...Meanwhile, professional golf has been roiled by the proposed merger of the US-based PGA Tour and the Saudi Arabia-backed LIV Golf breakaway tour....
...Invesco’s trust formed with Galaxy Digital, meanwhile, has set its expense ratio at 0.59 per cent, though the fee will be waived for six months on the first $5bn in assets....
...The first two didn’t respond, but in a statement Tradeweb’s Billy Hult said: “Obviously I hate to disappoint, but as Doug knows I saved most of my swearing for the golf course.”...
...The PGA Tour and the Saudi sovereign wealth fund are struggling to resolve differences over an investment tie-up announced in June to reshape professional golf, with negotiations set to drag into next year...
...Where’s its Galaxy S24 Ultra? The upgrade to Gen AI smartphones may not only disappoint, but Samsung Electronic seems to have stolen a lead with its smartphone....
...“Usually, in the golf industry, there are no secrets.”...
...PIF and LIV Golf have insisted the LIV Golf circuit will continue and several LIV golfers have said they are not interested in returning to the PGA Tour....
...For some decades, Hawaii has been a favourite playground for Japanese tourists, consistently in the top three most visited overseas destinations and the go-to spot for golf-tours, group getaways, marriage...
...Email me at nikou.asgari@ft.com Weekly highlights US billionaire Mike Novogratz’s Galaxy Digital is setting up shop in Europe, enticed by both London and the EU’s progress in creating crypto regulations...
...The town already hosts the Omega European Masters golf tournament every year....
...Samsung, which is preparing to launch its flagship Galaxy S24 model this week, reported a 13.6 per cent fall in shipments last year, as Huawei regained share in China and cheaper Android handset makers posted...
...Crans-Montana is known for its gourmet food, glitzy shops and golf courses as well as winter sports....
...Klein, a longtime PIF adviser who helped broker an agreement last year between the fund and the US PGA Golf Tour, said the Saudi court orders “expose me and my employees to not just civil liability, but...
...From cold war to hot peace, golf keeps delivering fresh drama....
...The PIF also sought benefits for its governor Yasir al-Rumayyan, including membership at two of the world’s most exclusive golf clubs, the US’s Augusta National and The Royal and Ancient Golf Club of St...
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