euro 2028

Debt-laden Senegal has denied a report in the Financial Times that it covertly borrowed 650 million euros ($754 million) to avoid a default, saying it acted in line with "market transparency rules". But the Financial Times reported Monday that the new government had secretly "tapped 650 million euros from development lender Africa Finance Corporation and First Abu Dhabi Bank last year in borrowings that gave them privileges over existing bondholders".

The United Kingdom and Republic of Ireland will co-host euro 2028, while Italy and Turkey will be joint hosts of the 2032 tournament, UEFA announced on Tuesday.

The UK and Ireland will not bid to stage the 2030 World Cup and will instead focus on a joint campaign to host euro 2028, their football bodies announced on Monday.

Manchester United's Old Trafford stadium will not be hosting any fixtures during euro 2028, as the hosting rights have been secured by the United Kingdom and the Republic of Ireland. A total of 10 stadiums have been designated for the tournament, including Wembley Stadium and the Principality Stadium.

UEFA announced that euro 2028 hosts England, Republic of Ireland, Scotland, and Wales will participate in the qualifying rounds. The format reserves two tournament spots for the highest-ranked host nations failing to qualify directly. Twelve group winners and eight best runners-up will advance. Remaining spots will be decided via play-offs involving other runners-up and top Nations League teams.

Russia will launch a bid to host the European Championship in 2028 or 2032, a board member from the country's football federation (RFU) said, even though the nation is banned from international competitions following its invasion of Ukraine.

Sony Sports Network on Tuesday announced that it has extended its collaboration with Union of European Football Associations (UEFA), the governing body of football in Europe and acquired the exclusive media rights for all the UEFA national team competitions, scheduled between 2022-2028 and will showcase the EURO 2024 and 2028, along with its European qualifiers and friendly matches.

The United Kingdom and Ireland have been chosen as hosts for the 2028 European Championship, while Italy and Turkey will jointly host the 2032 edition, according to UEFA. The announcement has been met with excitement and enthusiasm from various figures in the football world. British Prime Minister Rishi Sunak expressed his delight alongside a plethora of others.

Countries interested in hosting the 2028 European Championship must confirm their bid by March next year, Europe's soccer governing body UEFA said on Tuesday as it announced the bidding process for the quadrennial tournament.

Thomas Tuchel has extended his contract as England manager until euro 2028, following an unbeaten World Cup qualification. The FA expressed confidence in the German, who aims to lead England to their first major trophy since 1966. This new deal provides clarity and focus ahead of the upcoming World Cup.

England, Northern Ireland, Scotland, Wales and Ireland have submitted a joint Expression of Interest (EOI) to host the European Championship in 2028, the countries' Football Associations said on Wednesday.

Danfoss targets a revenue of one billion Euros in India by CY2028, driven by growth in data centers, semiconductors, and industrial decarbonization. The company plans to invest Rs 1,200 crore in expanding facilities and aims to achieve 80%-85% localization by CY2028.

Germany will halve military aid for Ukraine next year, even with the possibility that Republican candidate Donald Trump could return to the White House and curb support for Kyiv. German aid to Ukraine will be cut to 4 billion euros ($4.35 billion) in 2025 from around 8 billion euros in 2024, according to a draft of the 2025 budget.

Russian clubs have been banned by UEFA from participating in the Champions League and all other European competitions next season, European football's governing body announced on Monday. "Russia will have no affiliated clubs participating in UEFA club competitions in the 2022/23 season," it said in a statement.

The German parliament has approved the implementation of a global minimum corporate tax, requiring multinational firms to pay a minimum tax rate of 15% on all worldwide profits. This move is part of an international effort to prevent large companies from avoiding taxation by transferring profits to low-tax countries. The increase in tax revenue is expected to raise $220 billion globally, providing much-needed financial support to governments impacted by the COVID-19 pandemic.

In renewed push, Spain to tender EU funds for EVs, batteries in July

Italy is considering making a bid to host the 2028 European Championship or the 2030 World Cup but must improve its stadiums if it is to succeed, the head of the Italian Football Federation (FIGC) said on Thursday. "We will evaluate an Italy candidacy for the 2028 European Championship and the World Cup of 2030, in which the centenary of the world championship is celebrated.

Kering is selling its beauty division, including the prestigious perfume brand Creed, to L'Oreal for $4.6 billion. This strategic move aims to significantly reduce Kering's substantial debt. The deal also includes 50-year exclusive licenses for L'Oreal to produce beauty products for Kering's major fashion houses.

The European Union has approved a plan that includes giving state aid to Tesla, BMW and others to support the production of electric vehicle batteries, helping the bloc to cut imports and compete with industry leader China.

Germany's coalition government has agreed on tax reductions to promote electric vehicle use, following the abrupt end of a subsidy programme last year. Companies can deduct up to 40% of new EVs' value from their taxes. The initiative aims to increase EV sales and support the auto industry's transition amid declining registrations.