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Business

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Boston Celtics sold for $6.1 billion to private equity mogul Chisholm
Private equity mogul to acquire NBA's Celtics for $6.1 billion

BOSTON, Massachusetts: Private equity investor William Chisholm has agreed to buy the Boston Celtics in a record-breaking deal worth...

US mortgage rates rise for second week, adding pressure on buyers
Average US rate on 30-year mortgage rises slightly for second week

WASHINGTON, D.C.: The cost of borrowing for a home in the U.S. ticked up again this week, marking the second straight increase as homebuyers...

Apple TV+ bleeds $1 billion annually in costly streaming push
Apple losing over $1 billion a year on streaming service, report says

CUPERTINO, CALIFORNIA: Apple's ambitious foray into streaming is proving costly, with the company reportedly losing over US$1 billion...

Gold rally gains momentum as Citi lifts target to $3,200
Citi hikes gold price target for next 3 months to $3,200 per ounce

NEW YORK CITY, New York: Gold's record-breaking rally is expected to continue, with Citi Research increasing its three-month price...

Data center safety system nearly sparked US power crisis
Big Tech's data center boom poses new risk to US grid operators

BOSTON, Massachusetts: A routine safety mechanism at data centers nearly triggered a regional power crisis last summer, highlighting...

Air France unveils luxury first-class suite to lure elite travelers
Air France renews first-class suites in battle for high-rollers

PARIS, France: Air France is making a bold bet on luxury travel with the launch of an upgraded first-class suite, aiming to attract...

Asia Pacific

Section
US seeks global support to block China’s access to American chips
Commerce chief seeks industry help to stop China from getting US chips

WASHINGTON, D.C.: Commerce Secretary Howard Lutnick said the Trump administration is asking companies and foreign governments to help...

Trump seeks delay in US Steel-Nippon legal fight, talks ongoing
Trump administration seeks delay in Nippon Steel merger

WASHINGTON, D.C.: The Trump administration is seeking a delay in the legal battle between U.S. Steel and Nippon Steel over their blocked...

FAA to propose new rules for expanding drone deliveries
US FAA to propose rule on allowing expanded drone use

SEATTLE/WASHINGTON D.C.: U.S. Transportation Secretary Sean Duffy said last week that the Federal Aviation Administration (FAA) is...

Taiwan Coast Guard seizes suspected Chinese vessel in restricted waters off northwest Taiwan
Taiwan Coast Guard seizes suspected Chinese vessel in restricted waters off northwest Taiwan

Taipei [Taiwan], March 24 (ANI): Taiwan's Coast Guard seized an unmarked vessel suspected to be a Chinese in the restricted waters...

AI-powered rubber-tapping robots designed to alleviate labor shortage
AI-powered rubber-tapping robots designed to alleviate labor shortage

This photo taken on March 4, 2025 shows a mobile rubber-tapping robot in Haikou, south China's Hainan Province. (Xinhua/Yang Guanyu)HAIKOU,...

(SP)CHINA-HANGZHOU-FOOTBALL-FIFA WORLD CUP QUALIFIER-PRESS CONFERENCE-TRAINING(CN)
(SP)CHINA-HANGZHOU-FOOTBALL-FIFA WORLD CUP QUALIFIER-PRESS CONFERENCE-TRAINING(CN)

(250324) -- HANGZHOU, March 24, 2025 (Xinhua) -- Goalkeeper Wang Dalei (C) of China trains ahead of the 2026 FIFA World Cup Asian Qualifier...