Category: Semafor

European soccer’s governing body is preparing a criminal complaint against FIFA President Gianni Infantino for alleged “criminal mismanagement,” following the spectacular collapse of his effort to sell private stakes in the World Cup. In Thursday’s court filings, UEFA attorneys accused Infantino and a “small circle” of devising the now-scrapped vehicle ...

Jon Gray, chief operating officer of the $1.3 trillion asset manager Blackstone, says one of the firm’s distinguishing habits is to “go big” when it finds a theme it believes in. But he also says successful convictions need to be challenged, particularly as Blackstone invests heavily around artificial intelligence. “You ...

by Heather Lenz. The 2018 documentary follows the late Japanese artist Yayoi Kusama, who died this month at the age of 97, from her conservative upbringing in Nagano, through her emergence as one of the mid-20th century’s leading artists, to her startling 1977 decision to live out the rest of ...

The Scoop The Senate’s bipartisan college sports bill is getting more air support as it faces resistance from the Congressional Black Caucus. Saving College Sports, a group founded by wealthy businessman and Texas Tech University Board of Regents Chair Cody Campbell, is launching a seven-figure ad buy supporting the legislation, ...

LIV Golf is laying off the majority of its workforce while it tries to secure funding to keep the breakaway competition alive, after Saudi Arabia’s Public Investment Fund said it wouldn’t provide any more cash. Affected employees will leave in the first week of September as work continues to raise ...

As diplomats, schoolchildren, and business executives trickle back into the region, inbound flight data for August paints a picture of uneven recovery. Abu Dhabi is whole again: Arrivals into Zayed International were within 18 flights of last August, according to data provided to Semafor by Cirium. Dubai, which relies much ...

Seemingly divergent policies from the US Federal Reserve and Treasury will be a key focus at a gathering of global central bankers, with bond yields nearing record highs and little respite on the horizon from dizzying global government debt levels. Investors will be watching the annual talks in Jackson Hole, ...

US debt levels are reaching levels that will soon curtail Washington’s domestic room for maneuver and its geopolitical heft, analysts warned. Though extreme scenarios like a default are seen as highly unlikely, authorities will eventually have to cut spending or raise taxes, which likely “means higher costs of living for ...

The US CIA chief reportedly warned Russia against attacking NATO as Moscow’s war in Ukraine intensified and European nations raised alarm over the Kremlin’s heightened threats. John Ratcliffe’s surprise talks with Russian officials were the first of their kind since his predecessor visited in late 2021, also to deliver a ...

Moves by longtime US allies and foes alike underscored a changing global alliance structure in the face of the Trump administration’s protectionism and military interventionism. Ottawa and Brussels — both targets of Washington’s trade pressure — said Canada’s prime minister would address the European Parliament as the two look to ...