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Business

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UAE unveils $1.4 trillion US investment plan over next decade
UAE commits to $1.4 trillion US investment, White House says

WASHINGTON, D.C./DUBAI: The United Arab Emirates is significantly expanding its financial footprint in the U.S. with a new investment...

Wall Street jumps sharply on easing trade war tensions
U.S. stocks advance as Trump hints at flexibility on tariffs

NEW YORK, New York - Investors bought up stocks on U.S. markets Monday after President Donald Trump indicated he may pull back on some...

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...

California

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USDA pledges $100 million for bird flu research, vaccine development
USDA to invest up to $100 million in projects to combat bird flu

WASHINGTON, D.C.: The U.S. Department of Agriculture (USDA) has announced plans to invest up to US$100 million in research to develop...

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 factory output rises in February, led by auto rebound
US manufacturing output accelerates in February

WASHINGTON, D.C.: U.S. factories ramped up production in February, with a sharp rebound in motor vehicle output helping to drive manufacturing...

(SP)U.S.-SACRAMENTO-BASKETBALL-NBA-KINGS VS CELTICS
(SP)U.S.-SACRAMENTO-BASKETBALL-NBA-KINGS VS CELTICS

(250325) -- SACRAMENTO, March 25, 2025 (Xinhua) -- Demar DeRozan (L) of Sacramento Kings goes for a lay-up during the 2024-2025 NBA...

NBA roundup: Suns prevail on Devin Booker's late jumper
NBA roundup: Suns prevail on Devin Booker's late jumper

(Photo credit: Mark J. Rebilas-Imagn Images) Devin Booker knocked down a 20-foot jumper with 1.7 seconds remaining to give the Phoenix...

Celtics star Jayson Tatum exits with sprained left ankle
Celtics star Jayson Tatum exits with sprained left ankle

(Photo credit: Cary Edmondson-Imagn Images) Celtics six-time All-Star Jayson Tatum sustained a left ankle sprain in the third quarter...