Latest news with #Switzerland-based
Toronto Sun
36 minutes ago
- Sport
- Toronto Sun
Crystal Palace takes UEFA to court over demotion to third-tier
Palace chairman Steve Parish has described Palace's demotion as "a terrible injustice." Published Jul 22, 2025 • Last updated 10 minutes ago • 1 minute read Crystal Palace fans attend a protest in London, Tuesday, July 15, 2025. Photo by Yui Mok / PA via AP Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Crystal Palace has taken its fight with UEFA to the Court of Arbitration for Sport by lodging an appeal against its demotion to the third-tier Conference League next season. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The Switzerland-based CAS confirmed Tuesday that the Premier League club had filed an appeal against European soccer's governing body. An expedited process will produce a decision no later than Aug. 11, the court said. Palace secured qualification to the second-tier Europa League by winning the FA Cup last season — its first major trophy in 120 years of existence. But UEFA demoted Palace after finding it in breach of multi-club ownership regulations because of its ties to French club Lyon through American businessman John Textor. Textor had a 43% stake in Palace and owns Lyon outright. UEFA rules state that clubs can be barred from its competitions if owners have 'decisive influence' over two teams that have qualified. This advertisement has not loaded yet, but your article continues below. While Textor only had limited decision-making at Palace, UEFA deemed his involvement with Lyon — which qualified for the Europa League — breached multi-club ownership rules. Textor has since agreed to sell his Palace stake to New York Jets owner Woody Johnson. CAS said Palace's appeal was also against Nottingham Forest, which was promoted from the Conference League to the Europa League, and Lyon. Palace's appeal asks for either Forest's or Lyon's qualification to the competition be rejected. The multi-club ownership rules are designed to protect soccer from the integrity risks of owners controlling numerous teams. The models are becoming more commonplace, with Manchester City being part of a group of clubs spread across the globe. Palace chairman Steve Parish has described Palace's demotion as 'a terrible injustice.' Columnists Television Sunshine Girls Canada Celebrity
Edmonton Journal
36 minutes ago
- Business
- Edmonton Journal
Crystal Palace takes UEFA to court over demotion to third-tier
Article content Crystal Palace has taken its fight with UEFA to the Court of Arbitration for Sport by lodging an appeal against its demotion to the third-tier Conference League next season. Article content The Switzerland-based CAS confirmed Tuesday that the Premier League club had filed an appeal against European soccer's governing body. An expedited process will produce a decision no later than Aug. 11, the court said. Article content Article content Palace secured qualification to the second-tier Europa League by winning the FA Cup last season — its first major trophy in 120 years of existence. But UEFA demoted Palace after finding it in breach of multi-club ownership regulations because of its ties to French club Lyon through American businessman John Textor. Article content Article content Textor had a 43% stake in Palace and owns Lyon outright. UEFA rules state that clubs can be barred from its competitions if owners have 'decisive influence' over two teams that have qualified. Article content While Textor only had limited decision-making at Palace, UEFA deemed his involvement with Lyon — which qualified for the Europa League — breached multi-club ownership rules. Textor has since agreed to sell his Palace stake to New York Jets owner Woody Johnson. Article content CAS said Palace's appeal was also against Nottingham Forest, which was promoted from the Conference League to the Europa League, and Lyon. Article content Palace's appeal asks for either Forest's or Lyon's qualification to the competition be rejected. Article content
Winnipeg Free Press
2 hours ago
- Business
- Winnipeg Free Press
Crystal Palace takes UEFA to court over demotion to third-tier Conference League
Crystal Palace has taken its fight with UEFA to the Court of Arbitration for Sport by lodging an appeal against its demotion to the third-tier Conference League next season. The Switzerland-based CAS confirmed Tuesday that the Premier League club had filed an appeal against European soccer's governing body. An expedited process will produce a decision no later than Aug. 11, the court said. Palace secured qualification to the second-tier Europa League by winning the FA Cup last season — its first major trophy in 120 years of existence. But UEFA demoted Palace after finding it in breach of multi-club ownership regulations because of its ties to French club Lyon through American businessman John Textor. Textor had a 43% stake in Palace and owns Lyon outright. UEFA rules state that clubs can be barred from its competitions if owners have 'decisive influence' over two teams that have qualified. While Textor only had limited decision-making at Palace, UEFA deemed his involvement with Lyon — which qualified for the Europa League — breached multi-club ownership rules. Textor has since agreed to sell his Palace stake to New York Jets owner Woody Johnson. CAS said Palace's appeal was also against Nottingham Forest, which was promoted from the Conference League to the Europa League, and Lyon. Palace's appeal asks for either Forest's or Lyon's qualification to the competition be rejected. The multi-club ownership rules are designed to protect soccer from the integrity risks of owners controlling numerous teams. The models are becoming more commonplace, with Manchester City being part of a group of clubs spread across the globe. Thursdays Keep up to date on sports with Mike McIntyre's weekly newsletter. Palace chairman Steve Parish has described Palace's demotion as 'a terrible injustice.' ___ James Robson is at ___ AP soccer:
Yahoo
6 hours ago
- Automotive
- Yahoo
What You Need to Know Ahead of Aptiv's Earnings Release
Schaffhausen, Switzerland-based Aptiv PLC (APTV) designs, manufactures, and sells vehicle components for the automotive and commercial vehicle markets in North America and internationally. With a market cap of $14.8 billion, the company operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience. The company is all set to announce its fiscal Q2 earnings for 2025 before the market opens on Thursday, July 31. Ahead of this event, analysts expect the company to report a profit of $1.77 per share, up 12% from $1.58 per share in the year-ago quarter. The company has consistently beaten Wall Street's earnings estimates in each of the last four quarters. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? This Penny Stock Wants to Become the MicroStrategy of Dogecoin Robinhood Stock Stumbles as S&P 500 Inclusion Is Once Again Off the Table for HOOD Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts expect APTV to report a profit of $7.18 per share, up 14.7% from $6.26 in fiscal 2024. Furthermore, its EPS is expected to grow 9.3% year over year to $7.85 in fiscal 2026. Shares of APTV have grown marginally over the past 52 weeks, underperforming the S&P 500 Index's ($SPX) 14.5% rise and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 18.9% gain over the same time frame. On June 4, Guggenheim Securities analyst Ali Faghri downgraded Aptiv stock from a "Buy" to "Neutral," based on current and anticipated conditions affecting the company's performance. As a result of the downgrade, APTV stock fell over 1%, losing investor confidence. Wall Street analysts are moderately optimistic about APTV's stock, with a "Moderate Buy" rating overall. Among 20 analysts covering the stock, 12 recommend "Strong Buy," one advises 'Moderate Buy,' six suggest 'Hold,' and one indicates a 'Strong Sell' rating. The mean price target for APTV is $80.22, which indicates a 16.3% potential upside from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Korea Herald
2 days ago
- Business
- Korea Herald
[Graphic News] Korea slips to 27th in global competitiveness
The Finance Ministry announced that South Korea's global competitiveness ranking fell seven places to 27th in the world, according to the 2025 report by the International Institute for Management Development, or IMD, a Switzerland-based business school. The report, which surveyed 69 countries, marks Korea's steepest decline since IMD began assessing its competitiveness in 1997. In 2024, South Korea reached a record high of 20th place but has now slipped back to 27th — the same position it held in 2023. IMD evaluates national competitiveness based on four main categories: economic performance, government efficiency, business efficiency and infrastructure. The sharpest decline came in business efficiency, where Korea fell to 44th, down 21 spots from the previous year, dragging down its overall ranking. Other subcategories also saw notable drops, including productivity, labor market and finance. In the 2025 rankings, Switzerland placed first, pushing Singapore to second. The United States ranked 13th while Japan came in 35th.
