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Los Angeles Lakers

Lakers Sold for Record‑Breaking $10B as Mark Walter Becomes Majority Owner

Buss Family Sells Majority Stake in Los Angeles Lakers for $10 Billion: In a seismic move for professional sports, the Buss family has agreed to sell their majority stake approximately 66% in the Los Angeles Lakers to Guggenheim Partners CEO Mark Walter, valuing the franchise at an astounding $10 billion. This surpasses the previous record […]

Ambitious traders choose Abet Global for secure, fast, and user-friendly forex trading

Why Abet Global Is Emerging as a Solid Choice for Ambitious Traders

Abet Global: International Broker Powered by MT5, Designed for Modern Traders Why Ambitious Traders Choose Abet Global for Forex Abet Global, a rapidly growing brokerage with roots in Anguilla and Bulgaria, is carving out a notable presence in the forex and CFD trading world. With full access to MetaTrader 5 (MT5), more than 180 tradable […]

global energy market

Oil Prices Surge as Israel Retaliates with Airstrikes Against Iran

Global Energy Markets Jolt as Israel–Iran Conflict Sparks Oil Price Surge: Global energy markets took a dramatic turn Friday after Israel launched a wave of airstrikes targeting Iran’s nuclear and military facilities. Brent crude jumped more than 9%, surpassing $75 per barrel for the first time since January. U.S. West Texas Intermediate (WTI) crude surged […]

AI market

Nvidia CEO Warns U.S. Could Cede AI Ground to Huawei If It Stays Sidelined

U.S. Chip Export Curbs Threaten Nvidia’s Position in China AI Market: Nvidia CEO Jensen Huang issued a stark warning: continued U.S. restrictions on semiconductor exports to China could pave the way for Huawei to take control of the AI landscape domestically—and possibly gain a foothold in global dominance. Analysts warn that ongoing U.S. restrictions may […]

Chinese Companies Surge into U.S. Market Despite Escalating Trade Tensions

In a surprising display of business confidence, a wave of Chinese companies is expanding operations into the United States, brushing aside escalating trade tensions and a challenging geopolitical environment. Despite Washington’s imposition of steep tariffs—now totaling up to 55% on many Chinese goods—companies from the world’s second-largest economy are deepening their foothold across American industries. […]

Asia Accelerates De‑Dollarization Trend Amid Global Trade Shifts

The Reuters Bureau reports that Asia’s move away from the U.S. dollar is accelerating, driven by strategic shifts in central bank reserves, corporate financing, and geopolitical caution. In recent weeks, the Taiwan dollar has climbed by over 10% against the U.S. dollar, triggering a notable rally in regional currencies such as the Singapore dollar, South […]

Toyota Industries Set to Accept $42 Billion Buyout from Toyota Group

In a significant move poised to reshape Japan’s corporate landscape, Toyota Industries Corporation is preparing to accept a $42 billion takeover offer from Toyota Motor Corporation and other affiliated companies within the Toyota Group. The acceptance of this offer, expected imminently, will result in Toyota Industries becoming a private entity under the control of the […]

Steel Stocks Soar as Trump Doubles Tariffs to 50%; Cleveland-Cliffs Leads with 25% Surge

U.S. steel stocks experienced a significant surge following President Donald Trump’s announcement to double tariffs on imported steel and aluminum from 25% to 50%. The tariff increase is framed as a deliberate strategy to reinforce the domestic steel industry and lessen the nation’s reliance on foreign imports. Cleveland-Cliffs Inc. (NYSE: CLF) led the rally, with […]

Aviation Industry Soars Amid Global Economic Turbulence

Despite facing significant global economic headwinds, the aviation industry is poised for a robust performance in 2025. The International Air Transport Association (IATA) forecasts the aviation sector to post a net profit of $36 billion in 2025, an increase from $32.4 billion the previous year—underscoring the industry’s ability to stay resilient amid global trade frictions, […]

Gold Prices Soar Amid Escalating US-China Trade Tensions and Tariff Uncertainty

Gold prices experienced a significant surge on Monday, driven by escalating trade tensions between the United States and China, coupled with growing uncertainty surrounding tariffs. Investors flocked to the safe-haven asset as geopolitical risks intensified. Spot gold climbed 0.7% to $3,311.33 per ounce, while U.S. gold futures advanced by 0.6% to $3,335.40. The rally was […]