3 ways AI is rewriting the rules of private equity August 3, 2026 For private equity firms looking to exit investments, the rules of M&A have changed. Successful exits now depend on three things: proving AI resilience,running smarter sale processes and taking a more pragmatic approach to valuation. Earlier this year, the sharp sell-off in software stocks, dubbed the “SaaSpocalypse”, exposed how quickly AI can reshape company valuations. [...]
Manufacturers overcome gloomy economy as output surge continues August 3, 2026 Manufacturers have overcome a gloomy economic outlook across the country as businesses boosted production to levels not seen in almost two years, new data has revealed. According to S&P Global’s monthly survey of output across manufacturers, business activity continued to increase in what was the ninth consecutive month of growth in the sector. The purchasing [...]
Historic French Luxury Leather Goods House Moreau Paris Sold to Leading Manufacturer August 3, 2026 ASTEREN announces that the Paris Commercial Court has approved the acquisition of Moreau Paris, one of France’s most prestigious luxury leather goods houses, by Cardinal Invest, owner of the French luxury manufacturer Groupe Lécuyer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803029803/en/ The transaction concludes a competitive international sale process conducted under [...]
As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks August 3, 2026 Welcome back to the City AM liveblog. The London stock market is starting the new week relatively mixed after Donald Trump hinted a deal between US and Iran on the Strait of Hormuz is near, but was contradicted by communication from Tehran. The US President has said that Saudi Arabia, the UAE, Qatar and Iran [...]
Why Albania’s Tirana could be the city break of the future August 3, 2026 “Tirana is like a cross between Mumbai and Las Vegas,” I was told by a teenage traveller a week before I arrived in Albania’s capital city. “I’ve never been to either place, but at least that’s how I imagine them to be.” I’m not sure if Tirana is really like either of those cities, but [...]
Iran war could ‘halt growth’ across UK economy August 3, 2026 The Iran war could “halt growth” in the UK economy as the success of Andy Burnham and John Healey’s economic management largely hinges on President Trump’s decision-making, a City firm has warned. Big Four consultancy EY has said that the UK economy could perform better than first expected this year as its growth forecast was [...]
Trump suspends strikes amid new peace hopes August 2, 2026 President Trump has said the “perimeters of a deal” have been agreed with Iran, prompting him to call off strikes in the Middle East. The US president said that Iran and Gulf region countries had “asked” the US to suspend strikes due to the workings of a new peace deal. In a Truth Social post, [...]
Europe’s Largest Celebration of Irish Culture Arrives in Belfast August 2, 2026 Fleadh Cheoil na hÉireann arrives in Belfast today (2 August), bringing eight days of traditional music, culture and celebration to the city, with organisers expecting up to 800,000 visitors over the course of the festival. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260729147569/en/ One of Europe’s largest cultural events, Fleadh Cheoil na [...]
FIA Completes ‘Deal of the Century’ for FIA World and European Rally Championships July 31, 2026 Following FIA approval, Cosmobilis, a French automotive technology platform and Park Square Capital, a leading private credit investor, have acquired WRC Promoter GmbH. The landmark new deal will drive never before seen levels of investment into rally, transforming the sport, its governance, and the financial strength of the FIA. The new agreement will expand the global audience, enhance fan experience, and create new growth opportunities across both championships. FIA branding will be significantly increased across worldwide events and broadcasts. A new FIA Growth Fund will be established to support global rally development initiatives.
Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America July 31, 2026 Football’s world governing body Fifa is beyond reform; a better idea is to abolish it and replace it with a new organisation, argues ethics expert Thomas Beschorner. The games are over, but the aftertaste remains. As wonderful as the matches on the pitch were, Fifa, as organiser of this summer’s World Cup, has once again [...]