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...The incoming UK National Lottery operator is bracing for a decline in sales in its first year of operations, threatening a reduction in charitable funding, according to internal projections....
...“The retail investor just sees that ‘Oh, you got $40mn of funding and you’re going to be able to increase product lines, and better revenues mean the company fundamentals will go up’,” said Mark Basile,...
...The $100mn funding led by Warburg Pincus provides the Lithuanian technology group financial clout to expand its product range and buy other companies, said Tom Okman, its co-chief executive....
...In 2021, the US Supreme Court sided with college athletes in a landmark ruling that said the National Collegiate Athletic Association had unfairly restricted education-related benefits....
...Last year, each of the North American professional and collegiate sports leagues as well as Fox and Comcast’s NBCUniversal formed a coalition to encourage responsible gambling among the public....
...In 2021, the US Supreme Court sided with college athletes in a landmark ruling that said the National Collegiate Athletic Association, the governing body for college sport, had unfairly restricted education-related...
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
...This collegiate approach is taken by SETsquared — the top-start-up hub in the FT-Statista ranking of UK and Irish hubs, and number three in Europe....
...The Mangs are set to dominate the commanding heights of the AI economy but investors believe there are still opportunities aplenty in the sunny lowlands....
...The company this week withdrew its application for HK$16mn in public funding after Messi failed to play in the football match. The Hong Kong government welcomed the decision....
...US merchant bank and investor The Raine Group led the funding round, said Castore on Thursday, backed by New York and Tel Aviv-headquartered Hanaco Ventures and venture capital firm Felix Capital....
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates and owner of Manchester City football club, provided about three-quarters of the funding to RedBird...
...The Hong Kong government hoped the event would boost the city’s international profile after three years of Covid-19 restrictions and the imposition of a national security law reduced the territory’s attractiveness...
...The US National Football League and Amazon Web Services have developed a player health tool known as the Digital Athlete, which they hope may in time be able to predict and prevent injuries....
...The funding comes as the bloc faces political pressure to cut arrival numbers, prompting an increase in funding for countries from which people depart to Europe despite concerns about their treatment of...
...under national law”, the court said in a press release....
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
...The UNFCCC, which oversees the co-ordination of global efforts on climate issues, has said it needs €74mn over 2024 and 2025 for its so-called core budget, which is funded by national government contributions...
...RedBird IMI is run by former CNN boss Jeff Zucker in New York but has the majority of its funding from Abu Dhabi....
...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
...These companies have targets to put more water back into systems such as aquifers than they consume by 2030, for example, by funding work to improve leaky irrigation infrastructure or restoring wetland systems...
...Fiscally conservative EU states are pushing back at a nascent Brussels plan to boost common funding for defence, raising doubts over the drive to expand rapidly the continent’s industrial capacity....
...US national security adviser Jake Sullivan announced the extraordinary funds on Tuesday ahead of Joe Biden’s meeting with Poland’s President Andrzej Duda and Prime Minister Donald Tusk, who were expected...
...Here’s what else I’m keeping tabs on today: Sweden’s Nato bid: Hungary’s National Assembly is expected to ratify Sweden’s membership of the western military alliance....
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