A consortium which includes golf star Phil Mickelson looks set to buy the San Diego Padres in an $800 million (Dh2.9bn) deal.
The bid is being by Peter O'Malley, former owner of the Los Angeles Dodgers and the son of Walter O'Malley, who bought the Brooklyn Dodgers in 1950 and moved them to Los Angeles before the 1958 season.
"An agreement has been confirmed but is not yet finalised. It has to be voted on," Padres' Sarah Farnsworth said the team's 2-0 victory over Chicago Cubs last night.
Major League Baseball owners must approve the agreement. They are scheduled to meet later this month.
Mickelson, who is from San Diego, admitted earlier this year the opportunity to be involved in the bid to buy the team was a good investment and a chance for him to be involved in the community.
Fans will be hoping a change in owners can turn around the Padres, who are 47-64 this season and have largely struggled since reaching the 1998 World Series.
On the field, Eric Stults allowed five hits as he pitched 5 1-3 innings in his first start since June 3. He struck out five, walked two and had a wild pitch.
Yonder Alonso and Everth Cabrera each drove in a run and the Padres won for just the fourth time in 10 games. Chicago lost its sixth straight.
Brad Brach, Dale Thayer, Luke Gregerson and Huston Street combined for 3 2-3 innings of no-hit relief, finished San Diego's seventh shutout.
Street pitched the ninth for his 19th save.
Justin Verlander tied a career high with 14 strikeouts as the Detroit Tigers secured their fifth straight win with a 7-2 success against the American League East-leading New York Yankees.
Verlander (12-7) threw 132 pitches, his most in a regular-season game, and sent the Tigers to their fifth straight win.
Verlander gave up two unearned runs after his fielding error extended the fifth inning. The AL MVP and Cy Young Award winner wound up going eight innings, and got a huge roar when he left the mound.
Detroit has won 19 of its last 23 home games. The AL East-leading Yankees have lost 11 of 17 overall.
Ivan Nova (10-6) was roughed up for seven runs and 11 hits - matching a career high - in 5 1-3 innings. Gordon Beckham's tiebreaking solo homer in the eighth inning lifted the Chicago White Sox to a 4-2 triumph over the Kansas City Royals, Chris Sale throwing eight solid innings for the AL Central leaders.
Two homers from Justin Morneau helped the Minnesota Twins post an emphatic 14-3 victory over Cleveland - extending the Indians' losing streak to 10 games - while Dustin Pedroia had three doubles and Carl Crawford and Jacoby Ellsbury two apiece as the Boston Red Sox trounced the Texas Rangers 9-2 at Fenway Park.
In other American League action, Jered Weaver pitched a four-hit shutout in the Los Angeles Angels' 4-0 triumph over the Oakland Athletics and the Baltimore Orioles edged past the Seattle Mariners 3-1.
The NL Central-leading Cincinnati Reds slumped to their second straight loss, going down 6-3 against Milwaukee. Aramis Ramirez, Corey Hart and Martin Maldonado all homered in the sixth inning for the Brewers.
Jon Jay had four hits and two RBI in St Louis' 8-2 win against San Francisco - stretching the Cardinals' winning streak to four and snapping the Giants' own run at three.
Roger Bernadina singled in the 11th inning to spur the NL East-leading Washington Nationals to a 5-4 victory over the Houston Astros.
Pittsburgh overcame the Arizona Diamondbacks 4-0, Erik Bedard allowing two hits over seven scoreless innings for the Pirates.
Elsewhere in the National League, the Atlanta Braves saw off the Philadelphia Phillies 6-1, and the Colorado Rockies prevailed 2-0 against the Los Angeles Dodgers.
MATCH INFO
Day 2 at the Gabba
Australia 312-1
Warner 151 not out, Burns 97, Labuschagne 55 not out
Pakistan 240
Shafiq 76, Starc 4-52
SHAITTAN
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SPECS
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Captain Marvel
Director: Anna Boden, Ryan Fleck
Starring: Brie Larson, Samuel L Jackson, Jude Law, Ben Mendelsohn
4/5 stars
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
RECORD%20BREAKER
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Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press
SPEC%20SHEET%3A%20APPLE%20IPHONE%2014%20PRO%20MAX
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Results
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MATCH INFO
Osasuna 1 Real Madrid 4
Osasuna: García (14')
Real Madrid: Isco (33'), Ramos (38'), Vázquez (84'), Jovic (90' 2)
The specS: 2018 Toyota Camry
Price: base / as tested: Dh91,000 / Dh114,000
Engine: 3.5-litre V6
Gearbox: Eight-speed automatic
Power: 298hp @ 6,600rpm
Torque: 356Nm @ 4,700rpm
Fuel economy, combined: 7.0L / 100km
DSC Eagles 23 Dubai Hurricanes 36
Eagles
Tries: Bright, O’Driscoll
Cons: Carey 2
Pens: Carey 3
Hurricanes
Tries: Knight 2, Lewis, Finck, Powell, Perry
Cons: Powell 3