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Radico Khaitan strikes JV with D’Yavol Luxury Collective

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Indian spirits company Radico Khaitan has entered into a partnership with Bollywood actor Shah Rukh Khan and his son Aryan Khan’s venture, D’Yavol Luxury Collective.

The collaboration, which also involves Zerodha co-founder Nikhil Kamath, will see the launch of D’Yavol Spirits.

Radico Khaitan will hold a 47.5% equity stake in the new entity, with Aryan Khan and Bunty Singh from the D’Yavol team jointly owning 47.5% and Kamath retaining 5%.

In a filing on the stock exchange, Radico Khaitan said D’Yavol Spirits will “build internationally relevant, bottled-in-origin luxury brands”.

Radico Khaitan told Just Drinks the new entity will house existing D’Yavol brands – including a vodka and two whiskies – and oversee new launches. The venture’s first new product will be a Tequila.

The Rampur whisky maker will take charge of marketing and distribution, backed by an investment of up to Rs400m ($4.5m).

Abhishek Khaitan, managing director of Radico Khaitan, said: “With D’Yavol Spirits, we are entering a bold new chapter, combining our proven expertise in blending, marketing and distribution with the charm and charisma of the global icon Shah Rukh Khan, entrepreneurial spirit of Aryan Khan and Nikhil Kamath’s disruptive and visionary outlook.”

SLAB Ventures BV, based in the Netherlands, is the parent company behind the D’Yavol Luxury Collective. The collective’s previous distribution arrangement in India with AB InBev ended in December.

Radico Khaitan said the venture extends into brand development, sales, and marketing, with the company working with the D’Yavol team on new products.

SLAB Ventures remains the parent of the wider collective, registered as a private limited company.

Leti Blagoeva, CEO of D’Yavol Spirits, added the new “collaboration opens up an exciting new chapter and we look forward to bringing our consumers even more exceptional experiences”.

Earlier this month, Radico Khaitan reported “record” quarterly sales, with a 32% increase in net revenue from operations in the three months ending 30 June to Rs15.06bn.

“Radico Khaitan strikes JV with D’Yavol Luxury Collective ” was originally created and published by Just Drinks, a GlobalData owned brand.

 


The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Liverpool man held over Antoine Semenyo racist abuse report bailed

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Dan Wareing

BBC News, Liverpool

PA Media Antoine Semenyo wearing his dark blue and black Bournemouth away kit. He is holding his hands up.PA Media

Antoine Semenyo reported being racially abused during the opening match of the Premier League season at Anfield

A man who was arrested on suspicion of racially abusing Bournemouth forward Antoine Semenyo during the opening match of the Premier League season at Anfield has been bailed.

The Cherries’ Friday game against Liverpool was briefly halted in the 29th minute after Semenyo flagged it up to the referee.

A 47-year-old man from Liverpool, who was arrested on suspicion of a racially aggravated public order offence, has been conditionally bailed, Merseyside Police said.

The conditions include a ban on attending any regulated football match in the UK and not going within one mile of a designated football stadium.

The force said the investigation into the incident was ongoing and it was working closely with Liverpool Football Club.

Maryland Democrat says Trump 'once again got played' by Putin

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Sen. Chris Van Hollen (D-Md.) said Sunday that President Trump “once again got played” by Russian President Vladimir Putin following their recent meeting in Alaska.

“You’re on the Foreign Relations Committee. You watched that summit, I’m sure. What is your reaction to what happened?” ABC News’s Martha Raddatz asked Van Hollen on “This Week.”

“Well, Martha, there’s no sugarcoating this. Donald Trump, once again, got played by Vladimir Putin. Vladimir Putin got the red carpet treatment on American soil. But we got no ceasefire, no imminent meeting between Putin and Zelensky,” Van Hollen responded.

“All the threat and sanctions that, you know, Donald Trump talked about apparently have been set aside. Donald Trump got flattered by Vladimir Putin. But when it comes to Ukraine and our European allies, this was a setback,” he added.

On Friday, President Trump said he made progress on key points amid the meeting with Putin but did not clarify what those points were or what disagreements were left to come to peace in Ukraine.

“We didn’t get there, but we have a good chance,” Trump said, indicating there was no final agreement from Friday’s talks.

Ukrainian President Volodymyr Zelensky is set to have a White House meeting with Trump on Monday. European leaders are also set to attend.

“President Zelenskyy will be coming to D.C., the Oval Office, on Monday afternoon. If all works out, we will then schedule a meeting with President Putin,” Trump said Saturday on Truth Social.

The Hill has reached out to the White House for comment.

WH Smith completes Funky Pigeon business sale to Card Factory

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British travel retailer WH Smith has finalised the sale of its online personalised greeting cards business, Funky Pigeon, to UK-based retailer Card Factory for £24m ($32.1m) in cash.

This marks the completion of WH Smith’s transformation into a “pure play global travel retailer”, aimed at capitalising on growth opportunities and enhancing shareholder value.

Card Factory CEO Darcy Willson-Rymer stated: “This acquisition represents a key milestone in delivering our strategic ambition to build a scaled and competitive digital presence in the celebration occasions market.

“We welcome our new Funky Pigeon colleagues into the group and look forward to working together to accelerate our growth in the direct-to-recipient card and gifting segment, bringing together Funky Pigeon’s high-quality technology platform and digital expertise with our strong store estate and broader celebrations offer”.

The sale is based on an enterprise value of £26m, with WH Smith expecting to net £21m in cash after deducting transaction expenses. These proceeds will contribute to reducing the company’s debt.

Card Factory anticipates the acquisition to be earnings-enhancing in the financial year ending 31 January 2027, with synergy benefits projected to surpass £5m.

The benefits are expected to stem from improved manufacturing and fulfilment processes, technology platforms and product offerings.

Funky Pigeon’s established online presence, backed by its teams in Bristol and Guernsey, has reported annual revenues of £32m and earnings before interest, taxation, depreciation and amortisation of £5m for the previous two financial years.

Card Factory’s strategy includes leveraging Funky Pigeon’s digital platform to enhance its omnichannel capabilities and attract its 24 million unique in-store customers to a stronger online market presence in celebration occasions.

Card Factory’s digital strategy also involves improving the online customer experience and expanding the in-store party and celebrations range through an integrated omnichannel approach.

The integration of Funky Pigeon’s tech platform is expected to drive operational efficiencies and elevate the customer experience for Card Factory’s UK and Ireland operations.

“WH Smith completes Funky Pigeon business sale to Card Factory” was originally created and published by Retail Insight Network, a GlobalData owned brand.

 


The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

US Open mixed doubles: Emma Raducanu and Jack Draper to face each other in New York

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British number ones Emma Raducanu and Jack Draper will face each other in this week’s new-look US Open mixed doubles event in New York.

Raducanu, 22, is partnering five-time Grand Slam winner Carlos Alcaraz, while Draper, 23, will play with American Jessica Pegula after their original partners, Tommy Paul and Paula Badosa, both withdrew.

Organisers were heavily criticised in February after announcing that the mixed doubles competition would be a standalone event on 19-20 August – before the singles tournament begins on 24 August.

The 16 pairs involved will compete for $1m (£749,077) at Flushing Meadows.

Raducanu, who won the US Open title in 2021, and Spaniard Alcaraz have been handed a wildcard entry for the two-day tournament.

Before the event, Alcaraz, 22, is taking on world number one Jannik Sinner for the fourth time this season, in the final of the Cincinnati Open in Ohio on Monday.

Italian Sinner, 24, who is also a wildcard entrant, has been re-paired with Czech Katerina Siniakova after his partner, American Emma Navarro, withdrew.

Draper and Pegula, meanwhile, have qualified directly and have been given the top seeding, because both players are inside the top five in the singles rankings.

The first two rounds will take place on Tuesday and the semi-finals and final will be played on Wednesday.

Just four games will be required to win a set in matches before the final, with no-advantage scoring (four points will be needed to win a game) and 10-point match tie-breaks instead of a third set throughout.

Israel sees huge protests over Gaza war, Hamas hostages

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Nationwide protests erupted throughout Israel on Sunday as hundreds of thousands of demonstrators called for the safe return of hostages still held in Gaza after nearly two years of war.

The demonstrations amounted to one of the largest the country has seen since the start of the war in October 2023. They come amid growing frustration in Israel over the government’s plans to expand military operations in some of Gaza’s most crowded areas.

Israeli Prime Minister Benjamin Netanyahu has said he opposes any deal that leaves Hamas in power. But many Israelis fear a new military offensive in Gaza could endanger the 50 remaining hostages, 20 of whom are believed still to be alive.

The protests on Sunday were organized by groups representing families of hostages.

Demonstrations took place at dozens of locations throughout Israel, including at politicians’ homes, at military headquarters and on major highways, where protesters blocked several lanes and lit bonfires.

“The only way to bring (hostages) back is through a deal, all at once, without games,” former hostage Arbel Yehoud, whose boyfriend Ariel Cunio is still held by Hamas, said at a protest in Tel Aviv.

The day of action culminated in a rally in Tel Aviv on Sunday evening.

The Hostages and Missing Families Forum said more than 400,000 people gathered in the rally, according to multiple reports.

Israeli police said they arrested 38 people on Sunday.

The Associated Press contributed.

Sea Limited (SE): A Bull Case Theory

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We came across a bullish thesis on Sea Limited on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on SE. Sea Limited’s share was trading at $174.66 as of August 13th. SE’s trailing and forward P/E were 121.76 and 58.82 respectively according to Yahoo Finance.

Sea Limited delivered strong Q2 2025 results, with revenue rising 38.2% YoY to $5.26 billion, beating estimates by 5.7%, and adjusted EBITDA nearly doubling to $829 million from $448 million a year earlier. Net income surged to $440 million, driven by gross margin expansion to 45.8% and operating margin improvement to 9.3%. Operating cash flow margin rose sharply to 30.7%. E-commerce remained the largest contributor, generating $3.77 billion (+33.7% YoY) with GMV of $29.8 billion (+27.9% YoY) and operating margin up 7.1 pps to 4.1%. Shopee’s “Cheaper, faster” campaign boosted purchase frequency and reduced logistics costs, while VIP membership programs and live-stream commerce deepened user engagement.

Digital Financial Services revenue grew 70% YoY to $883 million, with a loan book of $6.9 billion (+90% YoY) and active borrowers exceeding 30 million; Brazil and Malaysia emerged as high-growth markets. Garena bookings rose 23% YoY to $661 million, anchored by Free Fire’s sustained 100+ million DAUs, with new content, IP collaborations, and AI-driven enhancements bolstering retention. AI integration across segments improved ad targeting, customer service, and product personalization, while instant delivery pilots and intelligent demand forecasting enhanced fulfillment speed.

Despite EPS of $0.65 missing estimates by 11% and margin softness in Digital Financial Services, management reiterated strong full-year growth expectations, citing continued e-commerce profitability gains, fintech expansion in Brazil, and Free Fire-led gaming momentum. With competitive pressures contained and multiple growth vectors in e-commerce, fintech, and gaming, Sea remains positioned for sustained revenue and earnings expansion, supported by disciplined execution and scaling efficiency across high-growth markets.

Previously, we covered a bullish thesis on Sea Limited (SE) by Wolf of Harcourt Street in May 2025, which highlighted Shopee’s growth, Garena’s user resurgence, and Sea Money’s lending expansion, driving an earnings rebound. The stock has appreciated about 6.13% since the thesis played out. The thesis remains valid, with Sergey sharing a similar view but focusing on Q2 2025’s record results and AI-driven gains.

Scottie Scheffler completes comeback, wins BMW Championship

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OWINGS MILLS, Md. — The numbers Scottie Scheffler is compiling have been drawing comparisons with Tiger Woods. The world’s No. 1 player had a Tiger-like moment with the trophy on the line and a club in his hand Sunday in the BMW Championship.

Scheffler’s 82-foot chip on the 17th — the hardest hole in the final round at Caves Valley — landed about 60 feet short and rolled the rest of the way, picking up speed, losing speed and dropping on the final turn. The birdie all but wrapped up another win, his fifth PGA Tour title this year.

It was reminiscent of Woods delivering magic to overshadow his sublime skill, with his chip-in from behind the 16th green at the Memorial and his chip-in for eagle in the World Cup in Japan.

Scheffler already had erased a four-shot deficit against hard-luck Robert MacIntyre in five holes. He was clinging to a one-shot lead on the 17th, a daunting par 3 with a back right pin and water right.

Scheffler was in the left rough, the safe spot, facing a shot that a dozen players had chipped over the green.

“I knew it was just going to be really fast, and do my best to get it down there and give myself a good look for par,” he said. “When it came out, it came out how we wanted to and then it started breaking and it started looking better and better.

“And yeah, it was definitely nice to see that one go in.”

Scheffler closed with a 3-under 67 for a two-shot victory and became the first player since Woods — there’s that name again — in 2006 and 2007 to win at least five times on the PGA Tour in consecutive years.

MacIntyre didn’t make a birdie until the 16th hole but stayed in the game after losing his big lead, mostly when Scheffler began missing short putts.

MacIntyre pulled within one shot of the lead going to the 17th when Scheffler worked his magic and had to settle for another runner-up finish to a memorable shot, just like he did at Oakmont when J.J. Spaun holed a 65-foot birdie putt to clinch the U.S. Open in June.

MacIntyre was in the scoring room when he watched Spaun’s winning putt and applauded it. He was alongside Scheffler at the BMW Championship, staring in disbelief but angry at his poor play off the tee that cost him the big lead early.

“When he’s pitched that in on 17 and then he’s hit the perfect tee shot on 18, it’s pretty much game over just then. You’re playing for second place at that point,” MacIntyre said.

“He’s the better player on the day. I’m just really pissed off right now. Right now, I want go and smash up my golf clubs, to be honest with you.”

MacIntyre made 18 birdies in the first 45 holes of the tournament and only two over the last 27 holes. He closed with a 73 and got some consolation prizes that didn’t mean much in the moment. He cracked the top 10 in the world for the first time, going to No. 8.

Scheffler’s chip-in elicited the loudest cheer of the day.

The most satisfying shot came on the 15th, when his lead was down to one shot after a three-putt. MacIntyre hit to 7 feet from the fairway. Scheffler was in a deep bunker and hit 8-iron to 6 feet.

MacIntyre missed. Scheffler made.

“That was a really important shot in the tournament, one that I think will fly a little bit under the radar,” Scheffler said.

The season is not over for Scheffler, who leads the 30 players who advanced to this week’s Tour Championship at Atlanta’s East Lake with a chance to become the first repeat FedEx Cup champion since the series began in 2007.

All 30 players at East Lake can win the $10 million first-place check. The field includes Harry Hall, the only golfer who played his way into the top 30 on Sunday, and even that was tense. Hall made bogey on the par-5 16th — the easiest hole on the course — then went long and left at the 17th. He also chipped in for birdie and was safe going up the 18th.

Rickie Fowler was on the verge of getting back to East Lake only to twice miss the green from the fairway on the back nine — leading to bogey on the 14th and double bogey on the 15th, and knocking him out of the top 30.

Fowler finished with a 5-foot par putt. Had he missed, Michael Kim would have been in the Tour Championship. Instead, the 30th spot went to Akshay Bhatia, despite making four bogeys on the back nine and feeling as though he had blown it.

MacIntyre squandered a big chance too.

He showed plenty of grit on Saturday playing in the final group with Scheffler. But on the opening hole, Scheffler drilled his drive down the middle and hit to 6 feet for birdie, while MacIntyre missed the fairway and a 6-foot par putt. It was an early statement.

MacIntyre missed another fairway at the second and made bogey. He went from the fairway to a bunker on the short par-4 fifth, a two-shot swing when the Scotsman failed to get up-and-down for par and Scheffler made birdie.

Then Scheffler took the lead with a wedge to 6 feet for birdie on No. 7.

It looked like it would be a runaway at that point as Scheffler never seemed to miss — except when he had a chance to extend the lead. He missed birdie chances of 5 feet at No. 8 and 8 feet at No. 10. He botched a simple up-and-down at the 12th and three-putted from 18 feet on the 14th. Each chance kept MacIntyre in the hunt.

Then came one chip on the 17th for a knockout punch.

Scheffler, who finished at 15-under 265, has 18 career titles in the past 3½ years since his first PGA Tour title in Phoenix.

Ozzy Osbourne: Coming Home – what to expect from BBC documentary

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Alex McIntyre

BBC News, West Midlands

Ruaridh Connellan/Expectation/BBC Ozzy Osbourne, an elderly man with long grey/black hair, a crucifix around his neck, sits on a sofa while holding a cane. He is leaning on his wife Sharon - a woman with short red hair and wearing blue. They are holding two small brown dogs.Ruaridh Connellan/Expectation/BBC

The documentary will feature footage of Ozzy Osbourne, wife Sharon and their children over the past three years

It was just six weeks ago when legendary rocker Ozzy Osbourne performed in front of thousands of adoring metalheads for the final time in his home city of Birmingham.

Seventeen days later, the Black Sabbath singer and heavy metal pioneer died at his home surrounded by his family, aged 76.

His death sparked an outpouring of grief from fans, friends and artists across the world – an indication of his enduring influence, which started with Black Sabbath’s formation in the late 1960s.

On Monday evening, BBC One will air Ozzy Osbourne: Coming Home, which was filmed during the late singer’s last years.

What is the documentary about?

According to producer Expectation, the film will be a “moving and inspirational account” of the last chapter of Ozzy’s life.

It was filmed over three years and has been told through “unique and intimate access” to the whole family, including Ozzy, wife Sharon, son Jack and daughter Kelly.

The documentary will feature what makers described as the “extraordinary rollercoaster” of the Osbournes’ lives as Sharon and Ozzy tried to realise a long-held dream to move back to the UK.

It was originally announced as a series, Home to Roost, in 2022, but the project evolved as Ozzy’s health continued to deteriorate.

Ross Halfin Ozzy Osbourne - a man with long hair and wearing a black shire and black leather coat - sits in a gothic black throne in front of a microphone with his mouth wide open and his arms wide open.Ross Halfin

Ozzy Osbourne died 17 days after his final performance

What will we see during the film?

The singer will be shown “heroically” battling to get fit enough to perform on stage again, as the family deal with the consequences of his ill-health, the BBC said.

There will be “love, laughter and tears”, as well as unforgettable family moments, typical of the Osbournes.

It will also show the family accept the reality of their situation, encapsulated by Kelly’s words: “Iron Man wasn’t really made of iron.”

Producers said it would serve as a “remarkably candid and uplifting tribute” to one of the world’s “true icons”.

What do the BBC and film-makers say?

Clare Sillery, BBC head of documentary commissioning, said the team was “honoured” to film the Osbournes during this period of their lives.

She said the film showed the “enduring spirit” that made Ozzy a global icon.

“We hope it brings comfort and joy to Ozzy’s fans and viewers as they remember and celebrate his extraordinary life,” she added.

PA Media From left to right - Kelly, Ozzy, Sharon and Jack Osbourne pose for a picture at an event. PA Media

Kelly, Ozzy, Sharon and Jack Osbourne, pictured here in 2007, will all appear in the film

Ben Wicks and Colin Barr, executive producers at Expectation, said the film was an “inspiring and poignant” account of Ozzy fulfilling his dream to perform on stage one last time.

They said: “Ozzy was loved by millions around the world not just for his music, but for his sense of mischief and his honesty, all of which we saw plenty of in the final years of his life.

“But one thing shone through even more brightly to us and that was Ozzy’s intense love for his exceptional family who were by his side through it all.”

Where can I watch it and what time is it on?

The one-hour film will air on BBC One on Monday at 21:00 BST and will also be available to watch on BBC iPlayer.

Trump to meet Zelensky before Europeans join larger session

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President Trump and Ukrainian President Volodymyr Zelensky will hold a meeting together on Monday afternoon before they are joined by European officials traveling to Washington for key talks on the future of the Russia-Ukraine war.

Two sources told NewsNation’s Libbey Dean and Kevin Bohn that Trump and Zelensky will hold the initial meeting, which will also be attended by Vice President Vance.

That will be a rerun of the participants from an Oval Office meeting in February that went badly off the rails as Vance and Trump criticized Zelensky over his handling of the war, and for not being more appreciative of U.S. support.

The February meeting immediately underscored fears in Europe that the U.S. under Trump was sliding away from Ukraine and toward Russia over the conflict.

Those fears were revisited when Trump decided to hold a meeting on Friday in Alaska with Russian President Vladimir Putin, a significant public relations win for the leader of the Kremlin, who has been unwelcome in Western countries since the start of the war.

European leaders planning to attend the larger meeting on Monday include European Commission President Ursula von der Leyen, German Chancellor Friedrich Merz, French President Emmanuel Macron, British Prime Minister Keir Starmer and Italian Prime Minister Giorgia Meloni.

NATO Secretary-General Mark Rutte, who has developed a strong relationship with Trump, is also to attend.

Secretary of State Marco Rubio on Sunday pushed back at suggestions that Zelensky would be pushed into an unacceptable deal by the Trump administration.

“They’re not coming here tomorrow to keep Zelensky from being bullied,” Rubio said Sunday during an interview with CBS “Face the Nation” host Margaret Brennan.

“They’re coming here tomorrow because we’ve been working with the Europeans. We talked to them last week. There were meetings in the U.K. over the following, the previous weekend.”

Rubio, who attended Friday’s summit along with Trump’s envoy to the region, Steve Witkoff, also said the U.S. had asked Putin for concessions to reach a peace deal. Rubio’s appearances on Sunday shows seemed intended to convey a number of messages, including that the U.S. was trying to broker an acceptable deal that could garner Ukraine’s support.