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  • S&P Global Market Intelligence Speaks with Baker McKenzie’s Eric Schwartzman on the Increase in Large Leveraged Buyouts and What it Means for the Market | Newsroom

    S&P Global Market Intelligence Speaks with Baker McKenzie’s Eric Schwartzman on the Increase in Large Leveraged Buyouts and What it Means for the Market | Newsroom

    Eric Schwartzman, head of Baker McKenzie’s Private Equity Practice in California, shared his insights in a recent S&P Global Market Intelligence article, where he described why large leveraged buyouts have been on the rise within the private equity sector and what that means for the market.

    Over the course of the past few years, the private equity industry has seen a significant buildup of dry powder as well as a large influx of private capital. These piles of cash, combined with pent up demand for exits after years of limited deal activity, have created an environment ripe for megadeals, especially in the form of take-privates and carve-outs. Eric added that, to contend with the outsized prices of today’s transactions, consortium deals have been growing in prominence. Looking to the end of the year, he says that the rise in large deals will push YOY deal value up, even though deal count may be flat.

    Read the full article here. https://www.spglobal.com/market-intelligence/en/news-insights/articles/2025/9/large-deals-set-to-drive-private-equity-leveraged-buyout-value-past-2024-levels-92401568

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  • Giannis, Greece overcome Lithuania for first Semi-Final in 16 years

    Giannis, Greece overcome Lithuania for first Semi-Final in 16 years

    The official EuroBasket app

    RIGA (Latvia) – Greece used their tried and true formula of riding Giannis Antetokounmpo and it worked yet again in fighting past Lithuania 87-76 in the FIBA EuroBasket 2025 Quarter-Finals to reach their first Semi-Finals since 2009.

    Antetokounmpo poured in 29 points and Greece managed to withstand the boisterous 10,487 fans at Arena Riga – a large majority of whom were Lietuva supporters.

    After failing to advance past the Quarter-Finals in four of the last five EuroBaskets, Greece finally broke through and will face Türkiye for a spot in the Final.

    Turning Point

    Greece drained a trio of three-pointers in an 11-2 run early in the second quarter to open a 35-24 advantage. Lithuania answered with an 11-2 surge of their to pull within 39-38 and were down 44-38 at the break.

    Lithuania trimmed the gap to three points at 44-41 before Greece increased the cushion back to 51-41 and it was 58-43 midway through the third frame. Lithuania temporarily made it a nine-point game but the lead grew to 16 points early in the fourth quarter and that was the game – though Lithuania were down eight points with 61 seconds to play.

    Read about the Greek connection between their 2005 title and this team

    20 years on: Greece’s title quest inspired by 2005 heroes

    TCL Player of the Game

    Giannis Antetokounmpo has been Greece’s leader thus far and things did not change against Lithuania. The NBA superstar converted 9 of 15 shots and 11 of 16 free throws in scoring 29 points and also picked up 6 rebounds, 2 assists, 4 steals and 1 block.

    Vasileios Toliopoulos hit 3 three-pointers for 17 points, Kostas Sloukas added 11 points and 4 assists and Kostas Antetokounmpo contributed 4 points and 4 blocks.

    Lithuania could not take advantage of an outstanding performance by Jonas Valanciunas with 24 points and 15 rebounds while Arnas Velicka had 12 points, 5 rebounds and 7 assists.

    Stats Don’t Lie

    Greece were able to score easy baskets with 20 fast break points to just 4 for Lithuania. The Greeks also shot 63 percent on two-pointers.

    Bottom Line

    Greece moved to within just two wins from their third EuroBasket crown following 1987 and 2005. Next up for the Greeks in the Semi-Finals will be Türkiye, who knocked off Poland in their Quarter-Finals.

    Vasilieos Spanoulis’ team is also just one victory from their first EuroBasket podium since third place in 2009, while Lithuania leave Riga wondering what could have been though they reached their first Quarter-Finals since 2015.

    They Said

    “My players did a great job playing with a big heart in front of so many thousands of people from Lithuania in a very nice atmosphere .” – Vasileios Spanoulis, Greece

    “My first appearance with the national team was in the preparations for 2009. I spent all those years in the drought. So it’s an amazing feeling in one way. But on the other hand we haven’t accomplished anything. We just gave another shot to ourselves for the dream.” – Kostas Papanikoloau, Greece

    “It’s a great step. We are two steps away from our goal. And we’re very happy about it. We have to keep our heads down because we still have two more games.” – Dinos Mitoglou, Greece

    “Tonight was a battle. Both teams battled until the end. They were stronger. They were better than us. I was just happy we fought until the end, no matter what. It was a good fight.” – Jonas Valanciunas, Lithuania

    For more quotes, tune in to the official post-game press conference!

    FIBA

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  • Younger New Zealanders face growing cancer risk

    Younger New Zealanders face growing cancer risk

    Other cancers, including breast, stomach, pancreatic, uterine, and prostate cancers, are also becoming more common in younger adults. Among adolescents and young adults aged 12 to 24, an average of 190 cancer cases were recorded annually between 2008 and 2017. Extending the age range to 29 raises the figure to 351 cases, almost one new diagnosis every day. Researchers link the trend to lifestyle factors such as diet, obesity, and low activity levels, along with improved detection and screening.

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  • Lily James plays Bumble CEO in ‘Swiped’ but dislikes social media

    Lily James plays Bumble CEO in ‘Swiped’ but dislikes social media

    TORONTO – Lily James’ new drama “Swiped” is a modern-day cautionary tale about the Internet, male toxicity and how badly women are treated and disrespected in the tech space.

    And when you think about the fact that it’s set in the early 2010s, when social media was pretty much Disneyland compared to today’s divisive environment, it’s sort of depressing.

    James, however, has some faith. In the true-life drama “Swiped” (streaming Sept. 19 on Hulu), she stars as Whitney Wolfe Herd, the world’s youngest self-made female billionaire and the creator of the women-forward dating app Bumble. The movie chronicles how she also co-founded the dating app Tinder, but was attacked on the inside by tech bros and filed a sexual harassment suit against the company in 2014. She went on to build Bumble from the ground up, yet still ran into issues being in a male-dominated field.

    “It’s really quite striking when you realize this is pre-#MeToo, so women weren’t being listened to. Their sides of the story weren’t being taken into account,” James says in an interview before the premiere of “Swiped” at Toronto Film Festival. “Also, there was like no protection or safety. We have improved, but there’s so much further to go.

    “The problem with the internet is there’s so much anonymity,” adds the British actress, 36. “There’s no accountability for what you write or say. That’s really frightening because people can be really cruel and that’s dangerous. And it has such a huge impact on people who are receiving these negative messages online.”

    “Swiped,” which James also produced, taps into the toxicity of social media by showing “hurtful and hateful tweets, and actually like death threats on tweets,” she says. “There’s a report button that didn’t do anything. We are all still, I think, on a journey and how do we protect people on the internet, which can feel like the wild, wild west?”

    James, who has a verified Instagram account, acknowledges that she struggles with social media on the whole. “I’m just this sort of generation where all through my teens I didn’t have it, which feels like this blissful kind of life. So I do really think about what it must be like for kids to grow up with that being their norm. I really long for a time, it feels like a kind of simpler time, where you’re not always putting your life out on social media and therefore risking any sort of response. But you can’t. Tech’s just powering forward and it’s like the speed of light.”

    But James is optimistic that we’re not too far down the rabbit hole to fix things. “I believe in kindness and unity and community and a longing for connection and intimacy that goes far beyond your phone,” she says.

    There are women entrepreneurs making the Internet better. She shouts out Herd for her efforts, which include championing a 2019 Texas law that makes it illegal to send unsolicited nude photos, and also is a fan of Emma Grede, founder of Good American and host of the “Aspire” podcast.

    “I get really excited when I hear these women who have power and who have really dominated having a voice,” James says. “That gives me great faith that hopefully we can do things differently and make some changes to how things are right now.”


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  • Apple holds down new iPhone prices amid threats of Trump tariffs – Reuters

    1. Apple holds down new iPhone prices amid threats of Trump tariffs  Reuters
    2. Everything Apple Plans to Show at Tuesday’s ‘Awe Dropping’ iPhone 17 Event  Bloomberg.com
    3. Everything Apple just announced: iPhone 17 Air, AirPods Pro 3, Apple Watch Series 11 and more  CNBC
    4. Apple announces the iPhone Air, iPhone 17 and new wearables  CNN
    5. Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever  Apple

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  • Football gossip: Van de Ven, Fabianski, Mateta, Bissouma, Mainoo, Trossard, Jesus, Wharton, Bentancur,

    Football gossip: Van de Ven, Fabianski, Mateta, Bissouma, Mainoo, Trossard, Jesus, Wharton, Bentancur,

    Tottenham defender Micky van de Ven is a target for Real Madrid, Manchester United midfielder Kobbie Mainoo wants a January move while Arsenal will consider selling an attacking duo.

    Real Madrid are interested in signing Tottenham centre-back Micky van de Ven, 24, but Spurs would only consider selling the Netherlands defender for about £70m. (Fichajes – in Spanish, external)

    Manchester United and England midfielder Kobbie Mainoo, 20, may seek to resurrect a loan move to Napoli in January if he does not get more game-time at Old Trafford. (ESPN), external

    Arsenal will consider the sales of Brazil striker Gabriel Jesus, 28, and Belgium forward Leandro Trossard, 30, in the January transfer window. (Football Insider, external)

    West Ham are in talks to re-sign Polish goalkeeper Lukasz Fabianski just two months after the 40-year-old left club when his contract expired. (Talksport), external

    Crystal Palace’s French striker Jean-Philippe Mateta, 28, has no interest in a move to Leeds United but finds the prospect of joining Aston Villa enticing. (Teamtalk), external

    Liverpool and Newcastle are the latest clubs to join the race to sign England and Crystal Palace midfielder Adam Wharton, 21, with Chelsea and Manchester United also among interested parties. (Teamtalk, external)

    Tottenham’s Yves Bissouma, 29, is headed for the exit door with the Mali midfielder falling out of favour under new boss Thomas Frank. (Football Insider), external

    Atletico Madrid are eyeing Tottenham’s Rodrigo Bentancur with the 28-year-old Uruguay midfielder’s contract set to expire next summer. (Fichajes – in Spanish, external)

    New Nottingham Forest boss Ange Postecoglou may bring former Tottenham backroom staff members Mile Jedinak, Nick Montgomery and Sergio Raimundo to the City Ground. (Mail), external

    Manchester United are hoping goalkeeper Andre Onana can perform well on loan at Trabzonspor this season so they can sell the 29-year-old Cameroon international for a sizeable fee next summer. (Football Insider, external)

    Manchester United’s 21-year-old English winger Sam Mather might leave for a club in Turkey before their transfer window closes either on loan or permanently. (Manchester Evening News), external

    Joao Mendes, son of Brazil and Barcelona legend Ronaldinho, is leaving Burnley with the 20-year-old winger set to join Hull City’s under-21s set-up. (Hull Daily Mail, external)

    Manchester United have set their sights on signing Belgium centre-back Zeno Debast, 21, in January from manager Ruben Amorim’s former club Sporting but Arsenal and Aston Villa are among the other sides interested. (Fichajes – in Spanish, external)

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  • Macron names ally Sébastien Lecornu as new French PM

    Macron names ally Sébastien Lecornu as new French PM

    President Emmanuel Macron has named close ally Sébastien Lecornu as new French prime minister, 24 hours after a vote of confidence ousted François Bayrou as head of his government.

    Lecornu, 39, was among the favourites to take over the job, and he has spent the past three years as armed forces minister, with a focus on France’s response to Russia’s war in Ukraine.

    In a statement the Elysée Palace said he had been given the task of consulting political parties with the aim of adopting France’s next budget.

    Pushing through a budget as head of a minority government was what brought down Bayrou, and left and far-right opponents have already lined up to condemn Lecornu’s appointment.

    Bayrou had visited the president hours earlier to hand in his resignation, paving the way for Sébastien Lecornu to become the fifth prime minister of Macron’s second term as president.

    Lecornu wrote on social media that he had been entrusted by the president with “building a government with clear direction: defending our independence and our strength, serving the French people, and [ensuring] political and institutional stability for the unity of our country”.

    His immediate task is tackling France’s spiralling public debt, which hit €3.3tn (£2.8tn) earlier this year and represents 114% of the country’s economic output or GDP.

    Bayrou had proposed €44bn in budget cuts, and his decision to put his plans to a vote of confidence was always going to fail. In the end France’s National Assembly decided to oust his government by 364 votes to 194.

    Lecornu’s appointment was welcomed by centrist allies such as Marc Fesneau from Bayrou’s MoDem party. He called on every political force to reach a compromise – “for the stability of the country and its recovery, especially its budget”.

    Jean-Luc Mélenchon of the radical left France Unbowed was unimpressed, complaining that nothing had changed and it was time for Macron’s departure from the presidency.

    There had been suggestions that Macron might try to approach the centre left to broaden his minority government, and Olivier Faure of the Socialists had offered his services the night before.

    It soon became clear that Faure would not be getting the call: “I slept pretty soundly so I didn’t hear the phone ring.”

    On the far right, Marine Le Pen said the president was firing “the final cartridge of Macronism, from his bunker along with his little circle of loyalists”.

    France has had a hung parliament since Macron surprised his country by calling snap national elections last year, after a poor performance in the June 2024 European vote. There are broadly three main political blocs: the left, far right and the centre.

    Édouard Philippe, who was Macron’s first prime minister from 2017-20, thought Lecornu was a good choice as he had learned a lot as defence minister.

    “I’ve known him for a long time because he was elected like me in Normandy,” the Horizons party leader told TF1 TV. “He knows how to debate and he’ll need this talent for debate and listening to find a deal in circumstances he knows are pretty complicated.”

    Philippe believed Lecornu would have to find some way of bringing the Socialists on board. It was certainly possible to find a majority and also necessary, because without a compromise on a budget deal, a fresh political crisis would erupt and new elections would be inevitable.

    More immediately, a grassroots movement called Bloquons Tout – “Let’s Block Everything” – is planning widespread anti-government protests on Wednesday and authorities are planning to deploy 80,000 police.

    Then on Friday the credit agency Fitch will reassess France’s debts and could make its borrowing costs higher if it lowers its rating from AA-.

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  • Apple unveils slim iPhone Air at annual product launch event | Technology News

    Apple unveils slim iPhone Air at annual product launch event | Technology News

    Analysts are watching whether Apple will increase the price of iPhones, or seek alternative routes to make up tariff hit.

    Apple has announced several new products, including its new slimmer iPhone “Air” model with a “high-density battery” and a brand new processor, as well as an iPhone 17, the latest upgrade to its flagship smartphone.

    The tech giant, based in Cupertino, California in the US, unveiled the iPhone Air model as the star of the annual product launch event on Tuesday, with CEO Tim Cook calling it a “game-changer”.

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    Apple said the model is its most durable iPhone yet, and it is priced starting at $999.

    The company said the base model iPhone 17 will have a brighter, more scratch-resistant screen. It also said the device will feature a new A19 processor chip, which will be made with three-nanometre (3nm) chipmaking technology and have improved capabilities for on-device artificial intelligence features.

    Apple said the iPhone 17 will also have a better front-facing camera with a differently shaped sensor to make horizontal selfies look better.

    AirPods and watch

    The company also introduced a new version of its AirPods Pro wireless headphones and a blood pressure monitor in its latest Apple Watch.

    The new AirPods Pro 3 will feature live translation of languages. Apple also said that if both people in a conversation are wearing the new AirPods Pro 3, the earbuds will translate conversations in near real time. Apple said the new AirPods will be priced at $249, the same as the previous generation, and will become available on September 19.

    The blood pressure monitor feature is pending regulatory approval, Apple said. The watch will not detect every case of high blood pressure, but the company said it expects the feature to notify one million people and will make it available in 150 countries.

    Apple did not raise the price on watch models, either. New versions of the SE will cost $249, the Series 11 will cost $399, and the larger Ultra model will start at $799, as all their predecessors did.

    The iPhone Air will go head-to-head against Samsung Electronics’ Galaxy S25 Edge, and analysts told Reuters news agency that it could be a stepping stone towards competing with Samsung’s folding phones, which are in their seventh generation.

    A foldable phone is important for Apple to appeal to customers in China, where consumers like foldables and the company has been losing market share.

    “This new device will bring a sense of newness to the iPhone, which has remained the same for too long,” said PP Foresight analyst Paolo Pescatore. He said the “new and much-improved iPhone lineup looks impressive, which puts [Apple] in a strong position to cater for different segments”.

    Tariff hit

    The event comes in the midst of a global trade reordering sparked by United States President Donald Trump’s trade policies, with Apple estimating that tariffs will cost it more than $1bn in the current fiscal quarter.

    Analysts are watching closely to see whether the company will increase the price of iPhones, or seek alternative routes to making up for tariff costs such as keeping the prices of base iPhone models steady while increasing the cost of versions with more storage.

    The new iPhones are expected to arrive without significant upgrades to Siri, Apple’s virtual assistant, which Apple has pushed off until next year. In the meantime, analysts are tracking whether Apple, which has tapped ChatGPT creator OpenAI as a partner to power certain artificial intelligence features in its operating systems, will add more AI partnerships to its lineup before the arrival of a revamped Siri.

    Despite the new product launch, Apple’s stock is trending downward on Wall Street. As of 2:15pm in New York (18:15 GMT), the stock is down by about 1.5 percent.

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  • Nottingham Forest: Ange Postecoglou brought in to challenge for trophies after Nuno legacy

    Nottingham Forest: Ange Postecoglou brought in to challenge for trophies after Nuno legacy

    Nuno Espirito Santo’s reign at Nottingham Forest ended in slow motion.

    After a series of surprise outbursts from the usually guarded Portuguese, and almost a month of doubt, his 21-month City Ground reign finished abruptly with an early morning statement.

    When it came to his replacement, there was no waiting as Forest moved quickly and Ange Postecoglou was appointed within 13 hours.

    Nuno lit a flame when he criticised the slow pace of Forest’s transfer business, before revealing his relationship with owner Evangelos Marinakis had changed from last season.

    A summer spend of around £180m on 11 players would not likely initiate complaints but Nuno was unhappy they had not arrived quickly enough to integrate them into the squad and his methods.

    “Where there’s smoke, there’s fire,” he said, when asked if his job was on the line before the 1-1 Premier League draw at Crystal Palace last month, likely creating a deeper rift.

    In August, BBC Sport was told Postecoglou – sacked by Tottenham in June despite leading them to Europa League success – was a likely candidate to replace Nuno, who had already gone public with his frustrations.

    Discussions with the Australian had accelerated over the last two-and-a-half weeks as Nuno’s position became increasingly unstable and ultimately untenable.

    The trust was eroded between owner and head coach after his public comments and once that had gone it was very difficult to repair.

    There was also friction between Nuno and global sporting director Edu, but the head coach could have stayed silent and worked the issues out privately.

    The outbursts, though, were ultimately viewed as creating noise and disruption that was unnecessary, rocking the boat as Forest planned for the new season and a first European campaign for 30 years after a dream previous campaign.

    Internally, there was sadness at how it ended. Nuno was well liked and it had been an almost perfect relationship for 18 months, taking them from battling relegation to the Europa League, only missing out on the Champions League on the final day.

    Amid the backdrop of a four-point deduction for breaching Profit and Sustainability rules, Nuno led Forest away from relegation danger, before last season’s surprise seventh-placed finish.

    But after discussions during the international break, and following the disappointing 3-0 home defeat by West Ham – the worst performance of Nuno’s reign – the axe fell.

    The fact a statement announcing Nuno’s exit came out at such a strange time, 00:15 on Tuesday morning, was due to the news breaking in the manager’s native Portugal

    Forest would have preferred not to have done it that late, out of respect to Nuno, but it was out of their control after leaks elsewhere.

    The fact Postecoglou was available, the 60-year-old became an option given the existing good relationship between him and the Greek owner which stretches back a number of years.

    They were together in July when Marinakis, president of Greece’s Super League, presented Greece-born Postecoglou with an award for becoming the first coach from the country to win a major European club trophy.

    “What he achieved, he did with a team that has not won any titles – it has had a very difficult time in recent years,” said Marinakis at the time.

    “In this huge success that the whole world saw, he promoted Greece. We must thank him especially for this and we wish him well, although we are sure that he will do well as he has the ability. Wherever he goes, the successes will come.”

    As it turns out that is now at the City Ground.

    Postecoglou arrives, having ended Tottenham’s 17-year trophy drought with their 1-0 triumph over Manchester United.

    He paid the price, though, for finishing 17th in the Premier League, losing 22 of their 38 games and sitting 27 points adrift of Forest.

    It will not have escaped attention in Forest’s statement welcoming the Australian to the club, that Marinakis was quoted as saying the new manager has the credentials to help them challenge for trophies.

    The appointment must take the club forward after the rapid strides made under Nuno, building on his legacy and the foundations laid by Steve Cooper after he took the club back into the top flight in 2022.

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  • “Will not take it as big match”: UAE captain Waseem downplays fixture against India

    “Will not take it as big match”: UAE captain Waseem downplays fixture against India

    Dubai [UAE], September 10 (ANI): UAE captain Muhammad Waseem isn’t dwelling on the narrative of their Asia Cup campaign opener against India being a showpiece clash. They aim to keep things simple, stick to their plan and cash in when they feel the moment is right.

    The UAE is making steady inroads to become one of the top sides in Asia, much like Afghanistan, which has earned a reputation as one of the bigwigs in the subcontinent, capable of challenging the best. Their recent surge resonates in their stellar run to qualify for the T20 World Cup in 2022. The UAE is striving to draw upon its experiences and take the necessary steps to start its campaign with flying colours.

    “We will not take it as a big match because all the teams are good in front of you, so all the matches will be the same. We are working hard in the heat, and we will only follow our plan. Whatever we have learned and whatever we need to do on that day, we will do it. Rest, the result is up to the game,” Waseem told ANI.

    Waseem isn’t a big fan of the idea of identifying a single individual who poses a threat and then devising a plan to contain the specific player. The UAE skipper revealed that they have engineered a plan to curtail their freedom and not play to their strengths.

    “No, we have not made any individual plan for any particular player. We have created a plan for 6-7 batters for the whole team. We will not give their strength to the strength. We will play carefully with their wicket-taker bowler, and whoever we can charge, we have made such a plan. If the unit is more, the role of the spinners can increase,” he added.

    India has plenty of talented spinners in its pool, including Kuldeep Yadav, Varun Chakravarthy and Axar Patel. Waseem believes that if the dew factor comes into play, it would be easy to negate the threat posed by the ball tweakers. Considering the fixture will be played on their home soil, he is looking to exploit home familiarity.

    “Whenever there is dew, I think the spinner’s ball doesn’t turn much. But it depends on the weather tomorrow and the conditions. And as I have told you, whatever we have learned. Yes, you are right that we play a lot of cricket here. We can also say that India and Pakistan play a lot of cricket here. But it is our home. So we will try our best to take advantage of and play good cricket,” he concluded.

    India squad for Asia Cup: Suryakumar Yadav (c), Shubman Gill, Abhishek Sharma, Tilak Varma, Hardik Pandya, Shivam Dube, Jitesh Sharma, Axar Patel, Jasprit Bumrah, Varun Chakaravarthy, Arshdeep Singh, Kuldeep Yadav, Sanju Samson, Harshit Rana, Rinku Singh.

    UAE squad for Asia Cup: Muhammad Waseem (c), Alishan Sharafu, Aryansh Sharma, Asif Khan, Dhruv Parashar, Ethan D’Souza, Haider Ali, Harshit Kaushik, Junaid Siddique, Matiullah Khan, Muhammad Farooq, Muhammad Jawadullah, Muhammad Zohaib, Rahul Chopra, Rohid Khan, Simranjeet Singh, Saghir Khan. (ANI)

    (This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)


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