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NBA's Celtics sold for record $6.1 bn: Boston Globe
NBA's Celtics sold for record $6.1 bn: Boston Globe
by  AFP

The NBA's Boston Celtics are being sold to the head of a California private equity firm for $6.1 billion, a record price for a US sports franchise, The Boston Globe reported Thursday. It said the $6.1 billion purchase price is the highest ever paid for a North American sports team, surpassing the $6.05 billion paid for the NFL's Washington Commanders.

BoE warns on 'economic uncertainty' as rate held
BoE warns on 'economic uncertainty' as rate held
by  AFP

The Bank of England kept its key interest rate at 4.5 percent Thursday, as it warned of "a lot of economic uncertainty" caused largely by US President Donald Trump's tariffs. "There's a lot of economic uncertainty at the moment," Bank of England governor Andrew Bailey said in a statement.

Battle for Khartoum wrecks key Sudan oil refinery
Battle for Khartoum wrecks key Sudan oil refinery
by  AFP

The once-pristine white oil tanks of Sudan's largest refinery have been blackened by nearly two years of devastating war, leaving the country heavily dependent on fuel imports it can ill afford. As the refinery grew nearer, the blackened skeletons of storage tanks loomed in the distance and the acrid smell of burnt oil grew stronger.

Hong Kong's embattled CK Hutchison says profits down in 2024
Hong Kong's embattled CK Hutchison says profits down in 2024
by  AFP

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024. Following years of diversification, operations in mainland China and Hong Kong made up just 12 percent of CK Hutchison revenue last year, according to Thursday's results.