Author: Admin

ESPN and the NFL announced a deal Tuesday, granting ESPN the league’s media assets, including NFL Network. The NFL will retain a 10% ownership share of the network. The Walt Disney Company is reportedly backing away from plans to spin off ESPN, shelving years of speculation that a standalone sports network could help offset the company’s declining cable business.  The decision marks one of the first major calls under CEO Josh D’Amaro, who stepped into the role in March.”Instead, the sports network will stay inside the media giant, which thinks its presence will help its pivot to streaming,” sources said,…

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A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried’s motion for a new trial, rejecting his claim that there is new evidence.Judge Lewis Kaplan, who oversaw Bankman-Fried’s trial in 2023 and sentenced him to 25 years in prison in early 2024, wrote in an order on Tuesday that Bankman-Fried’s claim of new evidence and witnesses was baseless.“This motion appears to be one part of a plan to rescue his reputation that Bankman-Fried hatched and even committed to writing after FTX declared bankruptcy but before he was indicted,” Judge Kaplan wrote.Bankman-Fried in February had requested a new trial…

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This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty ImagesThe U.S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The Treasury urged financial institutions in a statement to avoid facilitating transactions involving independent refineries, known as “teapots,” that import Iranian oil, as such transactions may expose them to sanctions.China purchases approximately 90% of Iran’s oil exports, the Treasury noted, with teapot refineries accounting for the majority…

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A definitive agreement for to acquire for an $880 million enterprise value is a high-stakes strategic survival maneuver masked as a property technology (prop-tech) expansion. Facing severe margin compression in the post-National Association of Realtors settlement era, Real is sacrificing its balance sheet for immediate global distribution. The core investment thesis now rests on whether aggressive technological integration can outpace the structural headwinds currently suffocating traditional real estate sector models. This deal is more than an opportunistic buy; it’s a calculated strategic response to a fundamental reshaping of the residential real estate industry, where scale and efficiency have become the…

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Bitcoin BTC$77,642.53 is down 3% in Asian morning trading, holding near $77,000 as markets brace for a week packed with macro catalysts. The move appears driven more by caution than a shift in sentiment.In a note to CoinDesk, Singapore-based Enflux, a market maker, said traders are reluctant to push bitcoin higher ahead of Wednesday’s rate decision and a cluster of data releases later in the week, including GDP, PCE inflation, and the Employment Cost Index. Together, those prints will shape expectations for when, or if, the Fed can begin cutting rates in the second half of the year.For now, the…

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(RTTNews) – Mapletree Pan Asia Commercial Trust (N2IU.SI) reported a fourth quarter loss to unitholders of S$26.7 million compared to profit of S$395.3 million, prior year. Loss per unit, in cents, was 0.51 compared to profit of 7.50. Fourth quarter gross revenue was S$210.74 million, down 5.5% from prior year. Net property income was s$159.6 million, down 5.9%. As at 31 March 2026, MPACT’s total assets under management was S$15.2 billion, comprising 15 commercial properties across five key gateway markets of Asia – four in Singapore, one in Hong Kong, two in China, seven in Japan and one in South…

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