Trump speaks up for Infantino at last as Fifa boss fights world football rebellion Sport Business US president Donald Trump has belatedly come to the aid of Gianni Infantino, saying it would be “a terrible mistake” to replace the under-fire Fifa boss. Infantino is fighting to save his job after three of Fifa’s four biggest confederations declared they had lost trust in him over plans to sell off stakes in a [...]
As it happened: Intel, Arm shares slide; Oil climbs higher FTSE 100 Live Welcome back to the City AM liveblog. Oil is starting the new week higher and making its third consecutive session for gains after optimism for a peace deal between the US and Iran stalled over the weekend and uncertainty around the Strait of Hormuz persisted. Donald Trump has said the US is “low-keying it” with Iran, [...]
Mexico breaks ranks and dents Uefa-led bid to oust embattled Fifa kingpin Infantino Sport Business Mexico’s football association has broken ranks and delivered a blow to Uefa-led hopes of ousting embattled Fifa president Gianni Infantino. Infantino has been attempting to stave off a rebellion from the confederations of Europe, Asia and the Caribbean, Central and North America, who have all strongly condemned his secret attempts to effectively privatise the World [...]
As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs August 7, 2026 Welcome back to the City AM liveblog. New tensions in the Strait of Hormuz this morning are leaving markets on edge and handing a blow to earlier optimism around a peace deal between the US and Iran. Oil is moving higher, reversing some of the drawback from the beginning of this week, after an attack [...]
Fifa crisis: Is it possible to defend Infantino’s World Cup sell-off plan? August 6, 2026 Crafting a defence of Infantino isn’t easy, but it is possible to assemble both a behavioural excuse and a commercial justification for the Fifa president’s plan to sell stakes in the World Cup. One newspaper evocatively likened Gianni Infantino to Icarus at the weekend after his proposal to sell stakes in the World Cup melted [...]
Luis Figo: ‘Deceitful and cravenly self-interested’ Infantino must quit Fifa now August 5, 2026 Fifa president Gianni Infantino has come under fire from another high-profile figure after Portugal great Luis Figo joined calls for him to quit without further delay. Infantino is clinging to his job despite senior Fifa figures condemning his plan to sell stakes in a new commercial vehicle that would manage the World Cup to private [...]
As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’ August 5, 2026 Welcome back to the City AM liveblog. Oil prices have snapped a losing streak following Yemen’s Houthis said they had attacked a Saudi vessel in the Red Sea. Brent crude drew back above the $80 per barrel mark on Wednesday morning on the news, but prices were still down for the week by around 10 [...]
David Brent was supposed to be a satire, now he looks like a model for political leaders August 5, 2026 Attention-seeking, self-absorbed and desperate to be liked, David Brent was meant to embody everything a leader should not be – but today’s media landscape rewards the very qualities Ricky Gervais satirised, says Tim Focas A Tiktok clip has gone viral for comparing Andy Burnham to David Brent. His cheesy mannerisms, dad dancing and guitar playing [...]
Wenger rubbishes Infantino sell-off plan as senior Fifa figures desert president August 4, 2026 Fifa development chief Arsene Wenger has denied any involvement in the doomed sell-off plan that has left president Gianni Infantino fighting to save his job. Wenger said he only heard about the proposal – to raise $4bn from selling stakes in a new commercial vehicle that would manage the World Cup to private investors including [...]
As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally August 4, 2026 Welcome back to the City AM FTSE 100 liveblog. The price of oil tumbled on Tuesday afternoon after a senior Trump ally said that a deal over control of the Strait of Hormuz could be agreed with Iran in the coming days. The price of Brent crude – the international benchmark for oil – tumbled [...]