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Financial Markets

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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...

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...

U.S. stock markets end marginally higher at week's-end
Soft day on Wall Street Friday, Dow Jones edges up 32 points

NEW YORK, New York - Uncertainty continues to plague investors on Wall Street with Friday's trading being volatile and weak. The major...

Technology

Section
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...

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...

National cybersecurity systems respond to cyberattacks targeting government, private entities
National cybersecurity systems respond to cyberattacks targeting government, private entities

ABU DHABI, 24th March, 2025 (WAM) -- The Cybersecurity Council of the UAE Government has confirmed that the national cybersecurity...

Pentagon chief offers choice between war and defense
Pentagon chief offers choice between war and defense

Pete Hegseth is conducting a poll among the public about renaming the agency he heads as the Department of War US Defense Secretary...

'Severance' renewed for third season
'Severance' renewed for third season

Washington [US], March 22 (ANI): Apple has officially renewed its critically acclaimed thriller series 'Severance' for a third season,...

Trump announces Pentagon's decision to move forward with Sixth-Generation Fighter jet F-47
Trump announces Pentagon's decision to move forward with Sixth-Generation Fighter jet F-47

Washington DC [US], March 22 (ANI): US President Donald Trump announced the Pentagon's decision to proceed with the development of...