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  • DLA Piper advises City Office in US$1.1 billion private buyout

    DLA Piper advised City Office REIT, Inc., a real-estate investment trust, in its agreement to be taken private by MCME Carell Holdings, an affiliate of hedge fund Elliott Investment, for approximately US$1.1 billion, including the assumption of debt.

    Vancouver-based City Office owns and operates office properties mainly in Sun Belt markets, with buildings in Dallas, Denver, Orlando, and Phoenix, among others.

    MCME Carell will acquire all the outstanding shares of common stock of City Office it does not already own for US$7.00 per share in cash and immediately prior to the consummation of the transaction. City Office will redeem each of the Company’s preferred stock for US$25.00 per share in cash, plus any accrued but unpaid distributions.

    The DLA Piper team was led by Partners Chris Giordano and Jon Venick (both New York) and Associate Nick Young (Phoenix).

    With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as number one in VC, PE and M&A in combined global deal volume according to PitchBook

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  • Uganda sees nearly 70 pct drop in mpox cases over 4 weeks-Xinhua

    KAMPALA, July 25 (Xinhua) — Uganda has recorded a 69.9 percent decline in mpox cases over the past four weeks, according to a new situation report released Friday by the Ministry of Health.

    The report shows that weekly reported cases dropped consistently from 233 in epidemiological week 26 to 173 in week 27, 108 in week 28, and 70 in week 29.

    “This corresponds to a 25.8 percent decrease from week 26 to 27, 37.6 percent from week 27 to 28, and 35.2 percent from week 28 to 29,” the report noted. “Overall, there was a 69.9 percent cumulative reduction in incident cases reported over the four-week period.”

    Since the outbreak was declared in August last year, Uganda has recorded 7,648 confirmed mpox cases and 48 deaths.

    Health authorities have stepped up vaccination, surveillance, case management, and public awareness initiatives to curb the spread of the virus.

    Mpox, also known as monkeypox, is a viral infectious disease that spreads through close contact. Symptoms include fever, swollen lymph nodes, sore throat, muscle aches, skin rash, and back pain.

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  • How portfolio programs help private equity firms simplify risk management

    How portfolio programs help private equity firms simplify risk management

    Private equity firms often oversee diverse and growing portfolios of companies, each with a unique risk profile and insurance needs. For the private equity firm, juggling dozens of individual policies and renewal timelines can, aside from being time-consuming, lead to a disjointed approach to insurance management.

    Instead of leaving it to each portfolio company to manage its own insurance, some private equity firms have adopted portfolio insurance programs to consolidate management across entities. However, some private equity leaders are hesitant to implement such a program due to concerns that consolidating coverage might increase complexity, rather than simplify processes.

    But when executed thoughtfully, a portfolio program often alleviates administrative burdens.

    5 benefits of portfolio programs

    A consolidated insurance program can lead to a number of benefits for private equity firms, including:

    • Streamlined renewals. Without a centralized program, private equity firms and their portfolio companies often juggle many insurance placements, each with its own timeline, broker relationship, and insurer negotiations. A portfolio program synchronizes these efforts, aligns renewal dates, and creates a cohesive strategy. The result is less time spent chasing policies and more spent building value. For example, a firm with 10 portfolio companies might have to coordinate 10 separate property and casualty renewals. Moving to a unified renewal schedule can not only help save time, but the private equity firm might be able to draw on the collective buying power to negotiate better terms.
    • Reduced administrative hassle. Managing insurance across multiple entities can be a logistical headache. Portfolio programs reduce that strain by centralizing coordination and using one insurance market access point of contact, often a single broker team, to support placements, documentation, and communication. This frees up bandwidth for operating partners, CFOs, and deal teams to focus on value creation.
    • Dedicated support of broker portfolio manager. One of the most overlooked benefits is the ability to appoint on the broking team a dedicated portfolio insurance manager. The manager can assist by proactively handling coordination of policies, helping you troubleshoot issues, and aiming to keep stakeholders aligned. This personal support can be a game-changer, especially for lean deal and operations teams juggling competing priorities.
    • Better data-driven decisions. Centralization helps to improve transparency. With aggregated data across the portfolio, firms can identify trends, track losses, evaluate cost drivers, and benchmark program performance. Rather than relying on anecdotal input from individual CFOs, deal teams can access portfolio-wide insights to inform decisions.For example, discovering a pattern of frequent cyber insurance claims, such as ransomware incidents or phishing-related breaches, across several companies may prompt portfolio-wide initiatives, like improved IT protocols, employee training, or investment in endpoint protection tools. By grounding decision-making on data instead of assumptions, private equity firms can better protect assets and seek to optimize spend.
    • Scalable growth support. As portfolios grow and evolve, a programmatic approach to insurance often makes it easier to scale coverage. New acquisitions can be onboarded more efficiently, reducing integration time and establishing greater consistency across coverage and compliance. Equally important, these programs offer the flexibility to adjust as existing risks evolve and new ones emerge, whether due to growth, geographic expansion, or changing insurance market conditions. During exit planning, a unified insurance structure also simplifies due diligence, making it easier to present the risk profile to prospective buyers.  

    Creating value through a consolidated program

    For private equity firms, managing insurance through a portfolio program is more than a cost-containment strategy, it’s a smart operational move. These programs help simplify risk management, allowing firms to focus on what really matters — growing and protecting value across the portfolio.

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  • F1 – 2025 Belgian Grand Prix – Friday Press Conference Transcript

    F1 – 2025 Belgian Grand Prix – Friday Press Conference Transcript

    TEAM REPRESENTATIVES: Laurent MEKIES (Red Bull Racing), Jonathan WHEATLEY (Kick Sauber), Ayao KOMATSU (Haas)
     
    Q: Laurent, if we could start with you, please. Many congratulations on the new job, first of all. You’ve been in it about two weeks. Can you start by giving us your first impressions of Red Bull Racing?
    Laurent MEKIES: You know, the first impression is that you get into the building – a building Jonathan knows very well – you get through the trophy room and how can you feel? You just feel honoured, privileged. It’s unbelievable achievements that the team have been getting the last 20 years. So that’s the first wow effect you get. And then, of course, what these two weeks have been about is really trying to meet as many people as possible from the team. There is no other way, I think, to try to get to know the team, to start to understand the strengths and the weaknesses, to understand how we will be able to eventually support. That’s what I’ve been doing the last two weeks, trying to meet as many of our people as possible. And the good news is it’s an incredible team. They didn’t win by luck or by mistakes. They won because of the accumulation of talents that there is in the buildings. Every small box you open and you look at how they go about a given topic or another thing, every time you say, “Wow, that’s really nice.” And that’s all coming from the people there at all levels that have been doing amazing jobs for all these years. Maybe that man [Wheatley] as well. So really, that’s how the first two weeks have been.
     
    Q: And have you seen enough to be able to tell us what you think the biggest differences are between Red Bull Racing and Racing Bulls where you were before?
    LM: The short answer is no. I think it would be wrong to compare teams at this stage. But it’s fair to say that the game is changing when you try and fight for wins, when you’re trying to fight for championships, and how extreme you have to go in every single area to grab the last bit of performance. That means you need to make some very bold choices, very bold decisions. This is what you find in all these small boxes we were talking about before – how extreme the team goes about every single detail in order to eventually get that ultimate performance that you need for the sort of ambition the team has.
     
    Q: Jonathan, if I could come to you now, you joined Sauber mid-season. How difficult is it to pick up the baton during a busy racing season?
    Jonathan WHEATLEY: I think it’s a challenge, but everything about being a team principal of a Formula 1 team is a challenge. You can’t always choose when you start the position, and you have to make the most of it. It’s been a very intense period of time, my first four months or something with the team. I have to say I’ve loved every second: the new challenges, the energy, the atmosphere in the team. And of course, that’s just getting stronger, and the energy is just getting more intense as a result of our performances recently.
     
    Q: Just on the topic of Red Bull Racing, it’s a team where you spent many years. Can you just give us your thoughts on the news that Christian Horner has been relieved of his operational duties?
    JW: I’d like to start by saying look at what Christian achieved in that team. Look what the team that he was part of achieved over the last twenty years. I had a fantastic time in Milton Keynes. I have a slightly more scenic drive to work now, but I know the strength and depth of the people there, and I know the task that Laurent’s taken on is going to be exciting for him. I want to say on a personal level that I wish Christian absolutely the very best in the future, but also that two really good friends of mine, this gentleman sat to my right here Laurent and also Alan Permane, it’s provided opportunities in their careers and their career development. Honestly, out of everything comes something hugely positive, and I’m really, really pleased for Laurent and Alan.
     
    Q: Jonathan, your team has scored more points in the last four races than Red Bull Racing. In terms of performance, do you feel you’re building some momentum now in Hinwil?
    JW: Yeah. I mean, look, let’s face it. I doubt we’re going to be regular competitors for podiums. But what I think it showed is that the small gains we’re making behind the scenes, the things people can’t see necessarily, on top of the performance we’re putting on the car towards the end of a set of technical regulations where normally things are stale, all show good signs for the future. Like I said earlier, there’s a great energy in the team. We’re moving forwards. I’m not entirely sure we could have delivered that result earlier on in the season because you have to get everything right to get a podium, as these gentlemen know. But we got a great time to enjoy it and actually got to breathe and enjoy it at the factory before coming to the next race.
     
    Q: Ayao, thank you for waiting. Let’s come to you now. Am I talking to a team principal or a racing driver? Just how much did you enjoy driving the Haas at Goodwood last week?
    Ayao KOMATSU: I think everyone knows I’m not a racing driver! Far from it. I’m very grateful. Amazing opportunity. I used to go to Goodwood all the time, seeing those cars going up the hill, and I never thought I’d drive a car one day [there], let alone a Formula 1 car. When we asked Gene to drive and he said yes, we decided to do the preparation together, but I still wasn’t going to drive it. Then he very generously let me do it with him. I’m very grateful about that. The best thing is we celebrated our ten years really in style, and Gene absolutely loved it. I’ve never seen him smile so much, shaking hands with everyone, interacting with fans. That was a great experience all around.
     
    Q: You said after Silverstone that the team had underperformed in the race. What were the issues there?
    AK: Issues, honestly, starting from myself really, the whole team including myself. I think we had a wrong mindset. I think Jonathan’s team and Nico showed us how to do it. We knew we had a fast car. We knew we had fast drivers. What we should have done was just focus on our race, look at what’s in front of us, and do the best. Don’t worry about the results because the result will come.
    I think Nico and Sauber made all the right decisions, judged the conditions very, very well, and then executed it. Such great teamwork. So honestly, congratulations for you guys and also very happy for Nico as well. It’s a shame that Nico couldn’t do it with us when he was with us, but again, it just shows it’s so important to work as a team with the correct mindset, correct objectives. Just our approach was wrong. The good thing is we’ve got the machinery to do it. We’ve got the drivers to do it. We just need to put it right.
     
    Q: I hope we might get mixed conditions this weekend here at Spa. Are you entering the race weekend with a different mindset?
    AK: 100%. Yes.
     
    QUESTIONS FROM THE FLOOR
     
    Q: (Ian Parkes – RacingNews365.com) Question for you, Laurent. Can you just give us an idea as to how things played out in the days following the British Grand Prix as much as you’re allowed to, of course, with regard to the approach that was made to you to take over and, of course, your reaction to the news that the owners had decided to relieve Christian of his operational duties?
    LM: Thank you. Well, it was not very different for me than it was for you, really, guys. I got a call a few hours before you guys were made aware. I got a call from Oliver [Mintzlaff] and Helmut [Marko], and they asked me if I would be interested to do the job. Obviously, it came out of the blue at that moment for me. I was actually in the UK at Racing Bulls and it came in a completely unexpected way. I actually asked them to think about it for a few hours and hung up the phone. It’s difficult to digest. But the first thing that comes into your mind is, “Wait a second. It’s Red Bull. They are calling you. They ask you to step in to do that job , with everything that Red Bull means – its energy, its spirit, how they go about their racing teams” and that’s how you pick up the phone and you say, “Of course, it’s an honour. It’s a privilege.” First thought obviously goes in this moment as well to Christian because it’s not something I could have expected. And he had been nothing else than extremely supportive with me these last two years. It’s not a secret that he’s the one with Oliver and Helmut that brought me back to the Red Bull family a couple of years ago. So that’s the sort of mix of emotions you get at that moment. But as I said, the dominant one is: it’s Red Bull calling. I guess it’s a matter of loyalty to go towards the brand and you just say, “Of course, if you think you need me there, I will go there.”
     
    Q: (Luke Smith – The Athletic) Laurent, another one for you. Max Verstappen’s future has obviously been a big talking point in Formula 1 over the past few months. For you, how much of a priority is ensuring that Max will be remaining with the team for next year and the foreseeable future? And what conversations have you had with Max about his future?
    LM: In terms of priority, I’m sure what Max wants is a fast car. If we get him a fast car, it cancels out all the other considerations. So really, the focus is very much, as we said earlier, to get to know the team as quickly as possible in order to see how we can support, how we can build the next step of competitiveness in order to get a fast car and hence make it an easy call for Max.
     
    Q: (Andrew Benson – BBC Sport) Laurent, it’s for you again, I’m afraid. What qualities do you think Oliver and Helmut saw in you that made them want to make you team principal? And what initial impressions have you formed about where Red Bull have gone a little bit off the rails so far this year and last?
    LM: The first question you will have to ask them. I’m not going to take that one. The second question: all I’ve been seeing in these two weeks is extraordinary talent, incredible racing spirit. These guys go on the edge on every single aspect. There is not a single department where you see a bit of a feeling of laying back or resting. They really are at war, in the good sense of the word, in every single aspect. That’s what you see, Andrew. So, in front of that, what we are going to try to do is make sure that all these women and men have everything they need to express themselves at their best, that they are supported, that they have all the means they need to show their talent.
    They have been showing season after season that they are the best in the world or, if they are not, they are very close. To your point, you do not see weaknesses. You see a lot of desire from everyone to get that Red Bull energy, perhaps to reduce the noise outside, just to concentrate on racing. That’s what you see, and that’s what we are going to try to do together.
     
    Q: (Scott Mitchell-Malm – The Race) When you had your conversations with the shareholders about the decision, what was explained to you in terms of the timing of doing it now? And what kind of plan’s been outlined to you in terms of how you will run the team and how things will work? Because Helmut mentioned in an interview this week that the idea will be reduced responsibilities versus Christian and a tighter focus on the race team, for example.
    LM: It’s probably, because of everything we’ve said earlier about trying to get to know the team, trying to understand the dynamics, trying to understand the strengths and the weaknesses, a bit early to talk about structure. But for sure, one thing that is very high in our priorities is to make sure that we have the right focus, that we avoid any bottlenecking in the company at all levels. It’s with that spirit that we look at what we need to do next. For sure, Formula 1 comes first. We have the chassis operation, the power unit operation. That’s what is going to be the main focus. It’s a racing team. People in the team love racing. That’s what they are here for. That’s going to be where the main focus is.
     
    Q: (Giles Richards – The Guardian) Again for you, Laurent. This has been quite a seismic shift for many people in the team, many of whom have been there as long, if not slightly longer, than Christian. You’ve had two weeks now. Can you just tell us what is the state of morale within the team as they deal with this big change?
    LM: For sure, the first 24 hours were a big adjustment because nobody was expecting it. The first few hours after the announcement were a surprise for everyone and certainly a digesting phase for everyone. What can I say after that? I’ve only been finding a huge amount of support from everyone. They just want to go racing. They are hugely respectful, and we all are, of the achievements that have been made under Christian’s leadership. Could I be hoping for more support, openness from the people I’ve been meeting these last two weeks? No. Everybody has been incredibly supportive, willing to open the door, willing to speak, to listen, to explain their limitations and strengths, how we go next about going back to the racetrack and fighting at an even higher level tomorrow. That’s what I’ve found.
     
    Q: (Ronald Vording – Motorsport.com) Another one for you, Laurent. Last time Christian was in the FIA press conference, he said Red Bull has had two really successful eras in F1, and now it’s all about building a third one. Do you think that’s the current state of the team, that it’s somehow a transitional phase and that maybe building that third era is a long-term project, also given that some of the tools, including the wind tunnel, will be online a bit later on?
    LM: We normally don’t like very much the word ‘transition’ in Formula 1. You’re right, Red Bull F1 has had these two incredible eras of success. I think the next one is dictated by the change of regulations for next year and the amazing decision to go with our own power unit with Ford. That’s what will dictate a new era whether we want it or not. I think all the teams will be starting a new era because of the scale of the regulation change next year.
     
    Q: (Phil Duncan – PA) Laurent, another one for you. I just wondered if you’d spoken to Christian since you’ve taken on the job. And also, Christian was obviously a big character in the sport over the last twenty years. Do you feel under pressure in any way to fill his shoes both on and off the track?
    LM: At first, yes, we have spoken. He has been nothing else than supportive even in the extremely difficult context for him. He was the first one to text, he was the first one to call. I think, again this morning or yesterday we texted again. He has been nothing else than supportive, which is very impressive in the context. Nobody is going to replace his character. Nobody is going to replace him like for like. I come in to do the CEO and team principal job. Is there any way one can do it in the same way as Christian? No. Or at least, certainly not me. But we’ll be relying on the incredible strengths that there are in this team. Everybody is stepping up. It’s certainly an opportunity to look for even more empowerment of our people. Every time we have discussions with Jonathan, we talk about how much strength in depth you have in this team, and that’s what you find. We will certainly look at this phase as a way to get our incredible people to step up and create together the next competitive advantage for the next regulation phase.
     
    Q: (Ivo Pakvis – Panorama) Question to Laurent and Jonathan as well. Red Bull has always been known for a very distinctive team culture. Do you think that will change with new people at the top?
    JW: Laurent is an incredibly impressive person. He’s been a friend of mine for a really long time, and he has a wonderful way of managing people. I think the team principal’s role is very much to motivate the team, to put the right people in the right positions and give them the best opportunities and the tools they need to do the job. I have no doubt whatsoever that Laurent is going to excel in that regard. I just want to say again, I want to wish him all the very best in the future, and I couldn’t be happier for him.
    LM: You’re a bit too kind. What we want to get there is…. You’re asking about the culture, everybody loves the Red Bull approach, everybody loves the Red Bull energy. I’m sure you all recall the early days when Red Bull started in Formula 1, and I’m sure Jonathan remembers them very well. We all want to feel that energy. We all want to go racing. That’s what we all love, and that’s the basis of our culture. Yes, it is a Red Bull culture. It’s a Red Bull energy: work hard, play hard, and try to only think about racing.
     
    Q: (Leonid Kliuev – Grande Premio Brazil) One more question for Laurent. Any details you can share about your current agreement with Red Bull? Is it just for this year? Is it multi‑year? And are there any clear goals for you to achieve, a particular place in the championship, to retain Max maybe?
    LM: Thank you. Not sure how much I can share. Seriously, I don’t think anyone doubts what Red Bull F1 is here to do in terms of objectives. I don’t think anyone doubts what the objectives of the team are short term, mid‑term, long term: it’s to fight for wins and to fight for championships. That’s what it is. In terms of mission statements, that’s of course the objective for the time being, For the short term and the mid‑term, is it different to what it was yesterday? No. Does anyone have a contract that guarantees him to stay forever? No. I don’t either. But I think it’s pretty normal in Formula 1.
     
    Q: (Louis Dekker – NOS) For the other two: 20 years is a long time. Have you ever had the ambition to stay on for twenty years? And Laurent, for you, what will you be doing in 2045 when Max is 47 and you have a lot of grey hairs and be an old man?
    AK: Twenty years? I don’t know. I didn’t think about it like that, to be honest. I wanted to do Formula 1 since I was 14, then came to England when I was 18 and started working in 2003. Every year has been a new challenge. There’s never a moment of boredom at all. You continue to make progress as an individual, as a team, looking for the next stages. So, I don’t count the years. It just happened that I’ve been here for more than 20 years. But it’s as fresh as anything. It’s very exciting – new challenges we get every single time we do our job. I’m looking forward to another new challenge continuously.
    JW: I guess when I came into the sport, I thought I’d do it for a couple of years. That was 34 years ago. Twenty years ago…  Crikey. I never thought I’d meet somebody like Dietrich Mateschitz. What can happen in twenty years is extraordinary. The team he built, to be part of that journey, was incredible. Flavio Briatore…. The people that you meet, the opportunities that Formula 1 gives you… the excitement I still get about coming to Spa‑Francorchamps after all these years. There’s something in all of us, we share this positive energy and love for the sport. It’s well known I started as a mechanic in 1991. I’m sat here as a team principal now. The opportunity that Formula 1 gives to people – I say to so many young people when I first meet them when they’re coming into the business or trying to find out about it – I’m fully energised. I don’t know if I’ve got another 20  years at the cutting‑edge level, but it’s a remarkable sport. We’re all honoured and proud to be part of it, and I’m looking forward to whatever the next part of the journey is.
    LM: It’s exactly as Jonathan and Ayao said. The truth is we are Formula 1 fans. That’s who we are. We have been from very early days, from childhood, and somehow without understanding exactly why and how you end up being paid to actually witness your hobby. To this date, for every single race, there will be a moment in the weekend where you get into the garage, where you plug in on the pit wall and you have that feeling: “I have the best seat to watch the race weekend.” That’s how we feel. I hope that’s also how a lot of you feel. That’s the passion we have in the sport. So, as a result, we don’t count the years – our hair is counting for us – but that’s really how you feel. We are extremely lucky, and that’s why it’s important to keep that perspective and keep the right energy and the right spirit when we come racing. As much as we are competitors and live and die for the competition, we are also hardcore fans – and very privileged hardcore fans.
     
    Q: (Michaël Duforest – Auto Hebdo) A question for all three of you and continuing on that topic. You have all started your journeys in this current position in the last eighteen months, and there have been a lot of changes in the team principal group of Formula 1. What do you think about this new generation that you guys are part of now? Ayao, should we start with you?
    AK: Yeah. I think every situation is different. People have very different backgrounds. Jonathan was a mechanic; I came from an engineering background; some people come from more commercial or business backgrounds. Every team is built differently. I think the important thing is, like Laurent’s been saying, you really have to spend time listening to people, understanding what we need to perform in each team. I’m sure each one of us thinks about understanding the organisation, the people, trying to get the best out of them. I don’t know if it’s just a generation difference, but certainly when I talk to people like Laurent, Jonathan and other team principals, the way we try to approach it, regardless of background, is actually very similar. It’s a huge team sport. Nobody can do it on their own. It’s not a dictatorship. You really have to motivate people, listen to people, facilitate, provide an environment where these talented, hardworking people can perform. I don’t know if it’s a generational thing, but that’s how I see it.
    JW: I would just build on what Ayao said because he’s hit the nail on the head. I think there’s a common theme that runs through all the team principals, which is passion for people and passion for the sport. Without the people, there’s just a lot of machines in empty rooms, in big vast factories – maybe not big vast factories in our respect at the moment. It’s about empowering those people, and you feel it. There’s a common thread that runs through all of us.
    LM: Very, very similar really. We call it the ‘hidden lap time’. It’s not a lap time that will appear on your wind tunnel tracker or engine power tracker, but it’s how much your people are engaged, how much they are motivated, how much they trust each other, how much they help each other. I think we all agree that’s where the business is right now. That’s where you can and have to make a difference. It’s good news for everyone. It means it’s more than ever a people’s business, also because the size of the teams has grown so much that the difference between having everyone at 100% or not sometimes outweighs one innovation or another.
     
    Q: (Tom Cary – The Telegraph) Laurent, last one for you. You mentioned in your conversations with Oliver Mintzlaff and Helmut Marko that when they offered you the job you were surprised. Did they offer you any reasons why Christian Horner had been dismissed at that point? Are you clear on why and why now?
    LM: The short answer is no, they haven’t. We didn’t get into the why and the why now, but they outlined the sort of objectives they had for the team moving forward.
     
    ENDS

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  • Saiyaara: Ahaan Panday Thanks Fans For Loving Krish Kapoor Amid Film's Unprecedented Success – Times Now

    1. Saiyaara: Ahaan Panday Thanks Fans For Loving Krish Kapoor Amid Film’s Unprecedented Success  Times Now
    2. Saiyaara box office collection Day 5: Mohit Suri directorial headed for Rs 150 crore mark; Ahaan Panday a  The Times of India
    3. Deanne Panday pens heartfelt note for son Ahaan Panday, shares childhood pics after Saiyaara’s success: ‘Stay grounded’  Hindustan Times
    4. Saiyaara Box Office Collection Day 7: Beats Chhaava With 296% Higher Profits, Despite A Lower Opening Week!  Koimoi
    5. Indian Films That Crossed 100 Crores at The Box Office in The First Half of 2025  Filmfare

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  • From sports day to shelter: Thai family flees shelling from Cambodia – Reuters

    1. From sports day to shelter: Thai family flees shelling from Cambodia  Reuters
    2. Thailand warns clashes with Cambodia could ‘move towards war’  BBC
    3. Thailand-Cambodia updates: Heavy fighting continues for second day  Al Jazeera
    4. Thai-Cambodian conflict pits a well-equipped US ally against a weaker adversary with strong China links  CNN
    5. Why are Thailand and Cambodia fighting along their border?  Dawn

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  • Sumit Nagal, Yuki Bhambri return to squad for Switzerland tie

    Sumit Nagal, Yuki Bhambri return to squad for Switzerland tie

    India’s top-ranked singles tennis player Sumit Nagal has returned to the national squad for the Davis Cup 2025 World Group I tie against Switzerland, scheduled to be played on September 12 and 13 in Biel.

    Nagal, who last featured in the home tie against Morocco in Lucknow in September 2023, had missed India’s previous three Davis Cup ties against Pakistan, Sweden and Togo.

    Against Morocco, the 27-year-old Indian tennis player registered two singles wins to help India seal a 4-1 victory.

    Despite a steep drop in his tennis rankings – from world No. 96 in January to 306 currently – due to poor form this season, Nagal remains India’s highest-ranked men’s singles player.

    Also returning to the squad is Yuki Bhambri, India’s top-ranked doubles player at world No. 35, who missed the Togo and Sweden ties. Bhambri played a vital part in India’s 4-0 away win against Pakistan in Islamabad in February 2024.

    The squad was selected based on current rankings, form and availability, the All India Tennis Association (AITA) informed through a press release.

    Veteran Ramkumar Ramanathan, a regular feature in recent squads, has not been included this time.

    The tie will be contested on indoor courts in Biel.

    Switzerland dropped to World Group I after a 3-1 defeat to Spain in the qualifiers while India qualified for the World Group I stage after a 4-0 win over Togo in the play-offs earlier this year in New Delhi.

    Jerome Kym ( world No. 145) is Switzerland’s best-ranked singles tennis player. Former Grand Slam champion Stan Wawrinka, at world No. 156, is next.

    The winner of the tie will progress to the 2026 Davis Cup Qualifiers, while the losing nation will fall to the World Group I Playoffs.

    India’s Davis Cup 2025 team vs Switzerland

    • Players: Sumit Nagal, Karan Singh, Aryan Shah, Yuki Bhambri, N Sriram Balaji
    • Reserves: Dakshineswar Suresh, Sasikumar Mukund, Rithvik Bollipalli
    • Captain: Rohit Rajpal
    • Coach: Ashutosh Singh

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  • Afridi back in Pakistan squad for white-ball series against West Indies in US

    Afridi back in Pakistan squad for white-ball series against West Indies in US

    ISLAMABAD (AP) — Pakistan recalled fast bowler Shaheen Shah Afridi for the white-ball cricket series against West Indies, starting at Broward County Stadium in Lauderhill, Florida.

    The three Twenty20 matches in the U.S. — on July 31, Aug. 2 and 3 — will be followed by three ODI games in Trinidad and Tobago.

    Afridi, who is also in the ODI squad, was surprisingly excluded from Pakistan’s last two T20 series against Bangladesh despite leading Lahore Qalandars to its third Pakistan Super League title in the last four years with a rich haul of 19 wickets this year.

    In Afridi’s absence, Pakistan routed Bangladesh 3-0 at home but lost 2-1 to Bangladesh at Dhaka in a series which ended Thursday.

    Fast bowler Haris Rauf, who was forced to miss the series against Bangladesh because of a hamstring injury he sustained during Major League Cricket (MLC) in the U.S., has recovered and was named in the T20 squad.

    Pakistan’s pace attack was further strengthened Friday with the return of Hasan Ali for both T20s and ODIs against West Indies.

    The selectors dropped pace bowlers Abbas Afridi and Salman Mirza, who both participated in the T20 series in Bangladesh, and retained all-rounders Hussain Talat and Mohammad Nawaz.

    Middle-order batter Hasan Nawaz is the only uncapped player named in the ODI squad. Nawaz scored Pakistan’s fastest-ever T20 century against New Zealand in March this year.

    Salman Ali Agha will continue to lead the T20 side while wicketkeeper-batter Mohammad Rizwan was named skipper for the ODI series.

    ___

    Pakistan:

    Twenty20 squad: Salman Ali Agha (captain), Abrar Ahmed, Faheem Ashraf, Fakhar Zaman, Haris Rauf, Hasan Ali, Hasan Nawaz, Hussain Talat, Khushdil Shah, Mohammad Haris, Mohammad Nawaz, Sahibzada Farhan, Saim Ayub, Shaheen Shah Afridi, Sufiyan Muqeem.

    ODI squad: Mohammad Rizwan (captain), Salman Ali Agha, Abdullah Shafique, Abrar Ahmed, Babar Azam, Faheem Ashraf, Fakhar Zaman, Hasan Ali, Hasan Nawaz, Hussain Talat, Mohammad Haris, Mohammad Nawaz, Naseem Shah, Saim Ayub, Shaheen Shah Afridi, Sufiyan Muqeem.

    ___

    AP cricket: https://apnews.com/hub/cricket


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  • What happens if an asteroid hits the moon? Astronomers are racing to find answers

    What happens if an asteroid hits the moon? Astronomers are racing to find answers

    By Ashley Strickland, CNN

    (CNN) — The asteroid known as 2024 YR4 is out of sight yet still very much on scientists’ minds.

    The building-sized object, which initially appeared to be on a potential collision course with Earth, is currently zooming beyond the reach of telescopes on its orbit around the sun. But as scientists wait for it to reappear, its revised trajectory is now drawing attention to another possible target: the moon.

    Discovered at the end of 2024, the space rock looked at first as if it might hit our planet by December 22, 2032. The chance of that impact changed with every new observation, peaking at 3.1% in February — odds that made it the riskiest asteroid ever observed.

    Ground- and space-based telescope observations were crucial in helping astronomers narrow in on 2024 YR4’s size and orbit. With more precise measurements, researchers were ultimately able to rule out an Earth impact.

    The latest observations of the asteroid in early June, before YR4 disappeared from view, have improved astronomers’ knowledge of where it will be in seven years by almost 20%, according to NASA.

    That data shows that even with Earth avoiding direct impact, YR4 could still pose a threat in late 2032 by slamming into the moon. The impact would be a once-in-a-lifetime event for humanity to witness — but it could also send fine-grained lunar material hurtling toward our planet.

    While Earth wouldn’t face any significant physical danger should the asteroid strike the moon, there is a chance that any astronauts or infrastructure on the lunar surface at that time could be at risk — as could satellites orbiting our planet that we depend on to keep vital aspects of life, including navigation and communications, running smoothly.

    Any missions in low-Earth orbit could also be in the pathway of the debris, though the International Space Station is scheduled to be deorbited before any potential impact.

    Initially, YR4 was seen as a case study in why scientists do the crucial work of planetary defense, discovering and tracking asteroids to determine which ones have a chance of colliding with Earth. Now, astronomers say this one asteroid could redefine the range of risks the field addresses, expanding the purview of the work to include monitoring asteroids that might be headed for the moon as well.

    “We’re starting to realize that maybe we need to extend that shield a little bit further,” said Dr. Paul Wiegert, a professor of astronomy and physics at the University of Western Ontario. “We now have things worth protecting that are a bit further away from Earth, so our vision is hopefully expanding a little bit to encompass that.”

    In the meantime, researchers are assessing just how much chaos a potential YR4 lunar impact could create — and whether anything can be done to mitigate it.

    ‘City killer’ on the moon

    The threatening hunk of rock appears as just a speck of light through even the strongest astronomical tools. In reality, YR4 is likely about 60 meters (about 200 feet) in diameter, according to observations in March by the James Webb Space Telescope, the most powerful space-based observatory in operation.

    “Size equals energy,” said Julien de Wit, associate professor of planetary sciences at the Massachusetts Institute of Technology, who observed YR4 with Webb. “Knowing YR4’s size helped us understand how big of an explosion it could be.”

    Astronomers believe they have found most of the near-Earth asteroids the field would classify as “planet killers” — space rocks that are 1 kilometer (0.6 mile) across or larger and could be civilization-ending, said Dr. Andy Rivkin, planetary astronomer from the Johns Hopkins University’s Applied Physics Laboratory in Maryland. The planet killer that slammed into Earth 66 million years ago and led to the extinction of dinosaurs was estimated to be roughly 6 miles (about 10 kilometers) in diameter.

    Smaller asteroids such as YR4, which was colloquially dubbed a “city killer” after its discovery, could cause regional devastation if they collide with our planet. About 40% of near-Earth space rocks larger than 140 meters (460 feet) but smaller than a kilometer — capable of more widespread destruction — have been identified, according to NASA.

    But astronomers have never really had a chance to watch a collision of that size occur on the moon in real time, Wiegert said. The latest glimpses of YR4 on June 3 before it passed out of view revealed a 4.3% chance of a YR4 lunar impact — small but decent enough odds for scientists to consider how such a scenario might play out.

    A striking meteor shower — and a risk

    Initial calculations suggest the impact has the largest chance of occurring on the near side of the moon — the side we can see from Earth.

    “YR4 is so faint and small we were able to measure its position with JWST longer than we were able to do it from the ground,” said Rivkin, who has been leading the Webb study of YR4. “And that lets us calculate a much more precise orbit for it, so we now have a much better idea of where it will be and won’t be.”

    The collision could create a bright flash that would be visible with the naked eye for several seconds, according to Wiegert, lead author of a recent paper submitted to the American Astronomical Society journals analyzing the potential lunar impact.

    The collision could create an impact crater on the moon estimated at 1 kilometer wide (0.6 miles wide), Wiegert said — about the size of Meteor Crater in Arizona, Rivkin added. It would be the largest impact on the moon in 5,000 years and could release up to 108 kilograms (238 pounds) of lunar rocks and dust, according to the modeling in Wiegert’s study.

    Even pieces of debris that are just tens of centimeters in size could present a hazard for any astronauts who may be present on the moon, or any structures they have built for research and habitation, Wiegert said. The moon has no atmosphere, so the debris from the event could be widespread on the lunar surface, he added.

    On average, the moon is 238,855 miles (384,400 kilometers) away from Earth, according to NASA.

    Particles the size of large sand grains, ranging from 0.1 to 10 millimeters in size, of lunar material could reach Earth between a few days and a few months after the asteroid strike because they’ll be traveling incredibly fast, creating an intense, eye-catching meteor shower, Wiegert said.

    “There’s absolutely no danger to anyone on the surface,” Wiegert said. “We’re not expecting large boulders or anything larger than maybe a sugar cube, and our atmosphere will protect us very nicely from that. But they’re traveling faster than a speeding bullet, so if they were to hit a satellite, that could cause some damage.”

    Not all lunar debris that reaches the Earth is so small, and it depends on the angle and type of impact to the moon, according to Washington University in St. Louis. Space rocks slamming into the lunar surface over millions of years have resulted in various sizes of lunar meteorites found on Earth.

    Preparing for impact

    Hundreds to thousands of impacts from millimeter-size debris could affect Earth’s satellite fleet, meaning satellites could experience up to 10 years’ equivalent of meteor debris exposure in a few days, Wiegert said.

    Humankind depends on vital space infrastructure, said Dan Oltrogge, chief scientist at COMSPOC, a space situational awareness software company that develops solutions for handling hazards such as space debris.

    “Space touches almost every aspect of our lives today, ranging from commerce, communications, travel, industry, education, and social media, so a loss of access to and effective use of space presents a serious risk to humanity,” Oltrogge said.

    The event is unlikely to trigger a Kessler Syndrome scenario in which debris from broken satellites would collide with others to create a domino effect or fall to Earth. Instead, it might be more akin to when a piece of gravel strikes a car windshield at high speed, meaning solar panels or other delicate satellite parts might be damaged, but the satellite will remain in one piece, Wiegert said.

    While a temporary loss of communication and navigation from satellites would create widespread difficulties on Earth, Wiegert said he believes the potential impact is something for satellite operators, rather than the public, to worry about.

    Protecting Earth and the moon

    Scientists and astronomers around the world are thinking about the possible scenarios since they could not rule out a lunar impact before YR4 disappeared from view, Wiegert said.

    “We realize that an impact to the moon could be consequential, so what would we do?” de Wit said.

    A potential planetary defense plan might be clearer if the asteroid were headed straight for Earth. Rivkin helped test one approach in September 2022 as the principal investigator of NASA’s Double Asteroid Redirection Test, or DART, which intentionally slammed a spacecraft into the asteroid Dimorphos in September 2022.

    Dimorphos is a moonlet asteroid that orbits a larger parent asteroid known as Didymos. Neither poses a threat to Earth, but the double-asteroid system was a perfect target to test deflection technology because Dimorphos’ size is comparable to asteroids that could harm our planet in the event of an impact.

    The DART mission crashed a spacecraft into the asteroid at 13,645 miles per hour (6 kilometers per second) to find out whether such a kinetic impact would be enough to change the motion of a celestial object in space.

    It worked. Since the day of the collision, data from ground-based telescopes has revealed that the DART spacecraft did alter Dimorphos’ orbital period — or how long it takes to make a single revolution around Didymos — by about 32 or 33 minutes. And scientists have continued to observe additional changes to the pair, including how the direct hit likely deformed Dimorphos due to the asteroid’s composition.

    Similarly, if YR4 strikes the moon and doesn’t result in damaging effects for satellites, it could create a tremendous opportunity for researchers to learn how the lunar surface responds to impacts, Wiegert said.

    But whether it would make sense to send a DART-like mission to knock YR4 off a collision course with the moon remains to be seen. It will depend on future risk assessments by planetary defense groups when the asteroid comes back into view around 2028, de Wit said.

    Though defense plans for a potential moon impact still aren’t clear, YR4’s journey underscores the importance — and the challenges — of tracking objects that are often impossible to see.

    Hidden threats

    YR4 was detected by the Asteroid Terrestrial-impact Last Alert System, or ATLAS telescope, in Río Hurtado, Chile, two days after the asteroid had already made its closest pass by Earth, hidden by the bright glare of the sun as it approached our planet.

    The same thing occurred when an asteroid measuring roughly 20 meters (about 65 feet) across hit the atmosphere and exploded above Chelyabinsk, Russia, on February 15, 2013, damaging thousands of buildings, according to the European Space Agency. While no one died, about 1,500 people were injured when the windows in homes and businesses blew out due to the shock wave.

    Trying to observe asteroids is challenging for many reasons, Rivkin said. Asteroids are incredibly faint and hard to see because rather than emitting their own light, they only reflect sunlight. And because of their relatively tiny size, interpreting observations is not a clear-cut process like looking through a telescope at a planet such as Mars or Jupiter.

    “For asteroids, we only see them as a point of light, and so by measuring how bright they are and measuring their temperature, basically we can get a size based on how big do they have to be in order to be this bright,” Rivkin said.

    For decades, astronomers have had to search for faint asteroids by night, which means missing any that may be on a path coming from the direction of the sun — creating the world’s biggest blind spot for ground-based telescopes that can’t block out our star’s luminosity.

    But upcoming telescopes — including NASA’s NEO Surveyor expected to launch by the end of 2027 and the European Space Agency’s Near-Earth Object Mission in the InfraRed, or NEOMIR satellite, set for liftoff in the early 2030s — could shrink that blind spot, helping researchers detect asteroids much closer to the sun.

    “NEOMIR would have detected asteroid 2024 YR4 about a month earlier than ground-based telescopes did,” said Richard Moissl, head of ESA’s Planetary Defence Office, in a statement. “This would have given astronomers more time to study the asteroid’s trajectory and allowed them to much sooner rule out any chance of Earth impact in 2032.”

    NASA and other space agencies are constantly on the lookout for potentially hazardous asteroids, defined as such based on their distance from Earth and ability to cause significant damage should an impact occur. Asteroids that can’t get any closer to our planet than one-twentieth of Earth’s distance from the sun are not considered to be potentially hazardous asteroids, according to NASA.

    When the new Vera C. Rubin Observatory, located in the Andes in Chile, released its first stunning images of the cosmos in June, researchers revealed the discovery of more than 2,100 previously unknown asteroids after seven nights of observations.
    Of those newly detected space rocks, seven were near-Earth objects.

    A near-Earth object is an asteroid or comet on an orbit that brings it within 120 million miles (about 190 million kilometers) of the sun, which means it has the potential to pass near Earth, according to NASA. None of the new ones detected by Rubin were determined to pose a threat to our planet.

    Rubin will act as a great asteroid hunter, de Wit said, while telescopes such as Webb and NEO Surveyor could be trackers that follow up on Rubin’s discoveries. A proposal by Rivkin and de Wit to use Webb to observe YR4 in the spring of 2026 has just been approved. Webb is the only telescope with a chance of glimpsing the asteroid before 2028.

    “This newly approved program will buy decision makers two extra years to prepare — though most likely to relax, as there is an 80% chance of ruling out impact — while providing key experience-based lessons for handling future potential impactors to be discovered by Vera Rubin,” de Wit said.

    And because of the twists and turns of YR4’s tale thus far, asteroids that have potential to affect the moon could become objects of even more intense study in the future.

    “If this really is a thing that we only have to worry about every 5,000 years or something, then maybe that’s less pressing,” Rivkin said. “But even just asking what would we do if we did see something that was going to hit the moon is at least something that we can now start thinking about.”

    The-CNN-Wire
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  • Gold bears regained control and look for test of key supports

    Gold bears regained control and look for test of key supports

    XAU/USD

    Gold price continues to trend lower for the third consecutive day, deflated by stronger dollar and optimism on signs of progress in US-EU trade talks.

    Bears regained control after a double upside rejection and false break above the bear-trendline connecting ($3500 record high and June 16 lower top at $3452) with formation of bearish engulfing pattern on daily chart, providing fresh bearish signal.

    Strong acceleration pushed the metal’s price down by over 2.5% in past three days, to retrace over a half of recent $3246/$3438 upleg (Fibo 50% at $3342, reinforced by 20DMA) and approach key support at $3330 (daily Ichimoku cloud top) as rising daily cloud supported the action since mid-Jan and cloud top contained a number of attacks in past two months.

    Penetration of daily cloud and violation nearby other pivotal support at $3320 (trendline support / Fibo 61.8%) would sideline larger bulls and risk further losses towards $3300/$3290 zone (psychological / Fibo 76.4%).

    Weaker technical studies on daily chart (14-d momentum hits the centreline in attempts to break into negative territory / price fell below 10 and 20DMA’s) support the notion, with formation of weekly Gravestone Doji candle signaling that sellers currently dominate.

    However, it will be important to watch reaction at daily cloud top, as cloud still marks very significant support that may limit dips one more time.

    Res: 3350; 3365; 3374; 3393.
    Sup: 3330; 3320; 3309; 3300.

    Interested in XAU/USD technicals? Check out the key levels

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