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Reuters report said on Sunday. In a statement, Manchester United said that Jim Ratcliffe provided an additional $300 million intended to enable future investment into Old Trafford, a football stadium in Greater Manchester. INEOS has agreed to the Board's request to assume authority for overseeing the football operations of the Club.

NEW DELHI : Vivo India’s interim chief executive officer (CEO) Hong Xuquan, chief financial officer Harinder Dahiya and consultant Hemant Munjal were arrested by Enforcement Directorate (ED) on charges of money laundering and remanded to custody by a sessions judge in Patiala House Court for three days. The order was issued on the grounds that the executives held critical positions, played a crucial role in acquiring ₹20,241 crore as proceeds of crime, and that the executives were not cooperating with the authorities. Interim CEO Hong Xuquan was cited as a witness in the previous complaint filed by the enforcement body earlier this month.

drone attack on an Indian cargo vessel on the high seas, defence expert Wg Cdr (retd) Praful Bakshi on Sunday said the incident marks a security concern for the country and the entire world as the ship came under fire in an 'innocent area' outside the conflict zone. Speaking on Sunday, the former Indian Air Force (IAF) officer said the suspected drone strike spells concern as it was carried out within the Exclusive Economic Zone of the subcontinent and there were several Indians on board the vessel. «It is very surprising because now you can see the action that was going on around Israel and Gaza, the Red Sea, etc., is now spilling over into the Arabian Sea. That doesn't augur well for the security of this area.

By Nidal al-Mughrabi and Emily Rose

Indian Navy warship INS Mormugao reached MV Chem Pluto, the India-bound merchant vessel, which was 'attacked' by an Iranian drone, on Saturday night and ascertained details of the attack, officials informed on Sunday. According to officials, the Indian Navy has opened an investigation into whether the drone used to attack the vessel was launched from long range or from a nearby vessel. «The vessels operating in the area where the attack took place are being checked,» an official told ANI.

Stock market this week: Indian frontline indices S&P BSE Sensex and Nifty50 ended with half a percentage points cuts on weekly basis amid profit booking at higher levels. When markets resume trading on Tuesday in the holiday shortened week, a host of important domestic and global events lined-up during this week are likely to impact them. Major global markets will remain shut for trading on December 25, Monday on account of Christmas holiday. «Nifty gained for the second consecutive day after witnessing a sharp fall on Wednesday. The index closed with gains of 94 points at 21,349 levels. Majority of the sectors ended in green with buying seen in IT, realty, metals and pharma. The underlying tone of the market remains positive. However, as we enter into holiday mood starting this weekend, we expect the market to remain range bound with stock specific action next week,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Factors that are likely to impact movement when markets reopen this week: US Markets

United States shot down four drones headed towards a U.S. destroyer in the southern Red Sea and launched from Houthi-controlled areas of Yemen on Saturday, U.S. Central Command (CENTCOM) said.

By Nidal al-Mughrabi and Emily Rose

Nancy Pelosi, the 52nd Speaker of the U.S. House of Representatives, bought $5 million worth of NVIDIA (NVDA) call options.

ALSO READ: Rise of pirates in Red Sea to take toll on India’s exim business. Here are items that will turn costlier Maritime security firm Ambrey also informed that the “Liberia-flagged chemical/products tanker... was Israel-affiliated." ALSO READ: Red Sea News-Shipping Corp, other shipping, ports in focus as Red Sea route gets disrupted "Some structural damage was also reported and some water was taken onboard.

Wayfair employees, celebrating the company's recent successes. He also provided guidance on financial decision-making, urging employees to assess spending and engage in negotiations. Inquiring about the reasonableness of expenditures and encouraging price negotiation were key points in his message, according to the report.

After days of wrangling to avert a threatened U.S. veto, the Security Council on Friday passed a resolution urging steps to allow «safe, unhindered, and expanded humanitarian access» to Gaza and «conditions for a sustainable cessation» of fighting.

Su-34 fighter-bomber aircraft on Friday on the southern front, hailing it as a success in the 22-month-old war. The Russian military made no mention of the incident. But Russian bloggers acknowledged the loss, and analysts suggested U.S.-supplied Patriot missiles had probably been used. Reuters could not independently confirm the reports. «Today at noon in the southern sector — minus three Russian Su-34 fighter-bombers!» Ukrainian Air Force Commander Mykola Oleshchuk wrote on the Telegram messaging app. Air Force spokesperson Yuri Ihnat described it on national television as a «brilliantly planned operation.» «There haven't been Su-34s for some time in our positive statistics,» he said, citing the model as one of Russia's most modern aircraft for bombing and other assaults. Zelenskiy in his nightly video address praised the Odesa region anti-aircraft unit for downing the planes in Kherson region. The region was occupied in the first days of Moscow's February 2022 invasion.

OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. The terms, valuation and timing of the funding round have not yet been finalised and could still change, the report said.

UN chief said the way Israel was conducting its military operation was creating "massive obstacles" to aid distribution inside the battered enclave. It has passed a resolution urging steps to allow “safe, unhindered, and expanded humanitarian access" to Gaza.

Reuters report, nearly $80 billion was wiped off from the market value of from China's two biggest gaming companies. The government of China has decided to prohibit online games from bestowing rewards upon players for routine daily logins, inaugural financial transactions within the game, and successive instances of spending.

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Rise of Somali Pirates: Soon after MV Ruen, a Malta-flagged merchant ship, was hijacked by pirates earlier this month in the Arabian Sea, there were concerns about the return of Somali pirates to international sea routes. Amid rising fears, Indian shipping regulator Director General of Shipping has advised seafarers to be cautious, according to a report by Business Standard. But the precautionary measures may not be easy on the pocket, say experts The alternative route adds 12-14 days of sailing time and a 30-40 per cent increase in freight costs, impacting prices.