The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site. As a result, the SEC alleges, Musk was able to underpay “by at least $150 million” for shares he bought after he should have disclosed his …
In a strategic move that underscores confidence in his conglomerate's trajectory, Gautam Adani, the chairman of the Adani Group, has increased his stake in Adani Enterprises by 1.32%. His decision to bolster his ownership stake in Adani Enterprises reflects not only his personal belief in the company's potential but also a broader endorsement of India's economic resilience and growth prospects. …
Roman Abramovich sent shockwaves around the world of football on Saturday night by announcing he was handing the ‘stewardship and care of Chelsea FC’ to the trustees of the club’s charitable foundation. Abramovich, 55, who is worth £10billion and bought the club from Ken Bates in summer 2003, has come under renewed scrutiny after Vladimir Putin’s decision to invade Ukraine, …
Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Because when I watch Chelsea I’m not able to find an identity.” …
