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India seeks threefold increase in coal stocks to prevent summer power shortages
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Indian companies report mixed second-quarter results on November 4
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Indus Towers expands solar-powered network to 50,000 telecom sites
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KKR secures Indian regulator approval for Gentari Renewables investment
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Equitas Small Finance Bank rebounds after naming interim chief executive
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Bharti Airtel revenue expected to grow at double-digit pace in second quarter
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Titan quarterly profit seen rising as jewellery business drives growth
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Indian crude-sensitive shares gain after 13% oil-price decline
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Kuwait finance minister holds economic cooperation talks at COMCEC
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Stocks and dollar fall as Democratic election gains reshape markets
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Kuwait marks key events and anniversaries from national history
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Qatar Tourism joins Pacific Asia Travel Association at London travel market
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Qatar media bodies discuss support for humanitarian initiatives
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Pitches and Keynote Speakers Are Confirmed for Blue Magic Netherlands on November 17
Red Bull becomes Leeds sponsor and takes minority share in club
Red Bull has purchased a minority stake in Leeds United and will become the English second-tier football club's main shirt sponsor next season, it was announced Thursday.
The global drinks brand, best known in sport as the backer of the world champion Formula One team, are already involved with football clubs RB Leipzig, Red Bull Salzburg and New York Red Bulls.
"I am thrilled that Red Bull is joining us to build a bright future for Leeds United and shares our deep respect for this truly special club," said United chairman Paraag Marathe.
"As chairman, our consortium of investment partners will be invaluable to me as we approach this important moment for the club, now and into the future.
"Red Bull's addition is a historic milestone that will further empower the club to reach its full competitive potential."
Leeds will spend a second consecutive season back in the Championship after losing to Southampton in last Sunday's play-off final at Wembley.
Red Bull chief executive of corporate projects and investments Oliver Mintzlaff said the company hoped to help the Yorkshire club back into the top flight.
"The ambition to bring Leeds United back to the Premier League and establish themselves in the best football league in the world fits very well with Red Bull."
Ch.Lefebvre--CPN