Formula 1 owner Liberty Media Corp’s US$3.8 billion (RM16.9 billion) plan to buy motorcycle racing league MotoGP World Championship is set to be hit by an in-depth European Union probe, in the first escalation of a big merger case by new antitrust chief Teresa Ribera.

F1 owner’s US$3.8b MotoGP deal faces full-scale EU probe

(Dec 5): An American consortium has agreed to buy Sheffield United, one of the biggest English football teams outside the Premier League.

Resilience Capital Partners co-founder Stephen H Rosen and Helmy Eltoukhy, chairman of biotech firm Guardant Health Inc, signed a deal with Sheffield...

Sheffield United is latest football club to be taken over by Americans

The Badminton Association of Malaysia (BAM) has confirmed that officers of the Malaysian Anti-Corruption Commission (MACC) visited its office last week to request certain information.

BAM confirms MACC visit to request 'certain information'

Manchester United on Tuesday reported a smaller adjusted net loss for the first quarter of 2025, helped by cost cuts and benefits from favourable exchange rates.

Manchester United posts smaller first-quarter loss on cost cuts

Real Madrid, the 15-time European football champion, is seeking a major corporate shake-up that would hand over ownership to club members, effectively opening the door to third-party investors.

Real Madrid chairman aims to change club’s ownership model

Netflix said on Saturday that 60 million households worldwide had tuned in for the highly anticipated boxing match between Jake Paul and Mike Tyson, and the event peaked at 65 million streams, according to a statement.

Netflix says 60 mil households worldwide tuned in for Paul-Tyson match

A total of RM10 million from the RM20 million allocated for the development of the e-sport ecosystem under Budget 2025 will be used for constructing a new e-sport stadium.

Zahid: New e-sport stadium for RM10m under Budget 2025

(Oct 15): Group One Holdings, the company behind mixed martial arts brand One Championship, raised at least US$50 million (RM215 million) from investors including Qatar Investment Authority (QIA), according to people familiar with the matter.

Qatar Investment Authority is said to join US$50m funding round for UFC rival Group One

(Oct 3): Miami Dolphins owner Stephen Ross is in advanced talks with private equity firm Ares Management and billionaire Joe Tsai to sell stakes in the NFL team and other assets at a valuation of US$8.1 billion (RM34.15 billion), according to people familiar with the transaction.

Miami Dolphins owner nears selling of stakes to Ares and billionaire Joe Tsai

LVMH and the organisers of the Formula One races have signed a major sponsorship deal potentially worth US$1 billion (RM4.16 billion), with the French luxury goods group taking over from Rolex.

LVMH signs major sponsorship deal with F1, replacing Rolex

Thailand’s Digital Economy and Society (DES) Ministry has established a special team to crack down on illegal online betting activity ahead of the start of the UEFA European Football Championship, or Euro 2024, according to a report in industry magazine Inside Asian Gaming (IAG).

Thailand sets up special squad to crack down illegal online betting ahead of Euro 2024 — report

Petroliam Nasional Bhd (Petronas) has denied a news report that it is looking to bring back Formula One (F1) races to Malaysia in 2026.

Petronas denies working to bring back F1 race to Malaysia in 2026

Nestlé (Malaysia) Bhd, together with the Ministry of Education (MOE) and the Malaysian Schools Sports Council (MSSM), recently held the MOE-MSSM-Milo Sports Awards and paid tribute to the young stars, as well as the teachers and coaches who supported them in their journey of sports excellence.

Nestlé recognises accomplishments of young athletes

Sarawak is set to host the 2023 Asian Association for Sport Management Conference (AASM 2023), making it the first East Malaysian destination to host the conference.

In a statement on Wednesday (March 29), Sarawak Minister of Youth, Sports and Entrepreneur Development Datuk Seri Abdul Karim Rahman Hamzah said the AASM 2023 will take place at Imperial Hotel Kuching from Aug 19 to 20, and will be a significant point for local, national and international sports stakeholders, sports students, academics and those employed by the industry to explore potential research collaborations, internship placements and data management opportunities.

Sarawak set to host 2023 Asian Association for Sport Management Conference in August

The Canadian economy appeared to lose its strength towards the end of this year even as the central bank cut interest rates at a rapid pace.

Advance data suggested gross domestic product shrank 0.1% in November, the first monthly contraction this year, after 0.3% expansion a month earlier, Statistics Canada said on Monday.

Canada’s economy shrank in November for first time this year

Canadian Prime Minister Justin Trudeau, whose party looks set to lose power early next year, is under increasing pressure from his own legislators to step down and let someone else take over.

Canada's Trudeau faces increasing pressure from his own MPs to quit

Nordstrom Inc is going private through an all-cash transaction valued at about US$6.25 billion (RM28.16 billion) in a bet by the founding family that the department-store company will be more successful without the scrutiny and demands of the public market.

Founding family to take Nordstrom private in US$6.25 bil deal

Germany searched on Monday for answers on possible security lapses after a man drove his car into a Christmas market, killing at least five people and casting a renewed spotlight on security and immigration ahead of a snap election.

Germany probing possible security lapses after Christmas market attack

Amtrak railway service across the Northeast Corridor faced delays and cancellations on Monday, causing chaos for passengers travelling ahead of the holidays.

Travellers should expect a “significant delay” in and out of New York Penn Station as the rail network seeks to recover from signal power issues, according to a statement on Amtrak’s website.

Amtrak riders face delays as trains cancelled service along Northeast

A businessman lost over half a million ringgit after being deceived by an individual impersonating a representative from Tenaga Nasional Bhd (TNB) on Saturday.

Nilai district police chief Supt Abdul Malik Hasim said that at 11.17am on Monday, his department received a report from a 31-year-old man who had received a phone call from the scammer regarding his business premises.

Businessman, nurse fall prey to scammers, lose almost RM1 mil

EVENING 5: Five things you need to know today

EVENING 5: KLCC Holdings to develop 486 acres of Bandar Malaysia

The Covid-19 and influenza situation in Malaysia remains under control, with no increase in cases requiring intensive care unit (ICU) treatment and no fatalities reported.

Covid-19, flu cases under control in Malaysia — MOH

Thailand will increase the daily minimum wage by an average 2.9% to between 337 baht and 400 baht (RM44.19-RM52.45) from Jan 1, a senior official said on Monday.

Thailand to raise daily minimum wage by 2.9% from Jan 1, official says

KLCC (Holdings) Sdn Bhd, a unit of national oil and gas company Petroliam Nasional Bhd (Petronas), on Monday said that it has acquired 486 acres of Bandar Malaysia land for an undisclosed price.

KLCC Holdings to develop 486 acres of land acquired from Bandar Malaysia

Oversea-Chinese Banking Corp Ltd will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.

OCBC junior staff to receive S$7.5 mil cost-of-living payout

Shares of Top Glove Corporation Bhd (KL:TOPGLOV) may have little upside as valuations stretched with the recent rally in share prices while earnings outlook remained clouded by both costs and sales concerns.

Top Glove shares may have little further upside amid stretched valuations, outlook cloudy — analysts

Tuju Setia Bhd (KL:TJSETIA) has secured a contract worth RM389 million to build serviced apartments in Wangsa Maju, Setapak.

The contract involves construction of two blocks of 52-storey serviced apartments with 17 levels of automated car park, with rooftop facilities and common facilities&nbsp;at ground floor under the Milla Residence, the company said in a statement.

Tuju Setia wins RM389 mil construction contract

1Malaysia Development Bhd (1MDB), the former Malaysian sovereign wealth fund embroiled in one of the largest financial scandals in history, and its subsidiaries have initiated legal claims exceeding US$1 billion (RM4.5 billion) against Hong Kong-headquartered corporate services provider Amicorp Group and its co-founder and chief executive officer Toine Knipping.

1MDB files US$1 bil suit in BVI against Amicorp Group over role in US$7 bil fraud

HeiTech Padu Bhd (KL:HTPADU) said on Monday that its group managing director and group chief executive officer, Salmi Nadia Mohd Hilmey, is resigning voluntarily&nbsp;from all positions within the company, effective from Dec 31.

HeiTech Padu deputy chairman's daughter relinquishes all positions

The government on Monday announced an additional rooftop solar quota under the net energy metering (NEM) mechanism for households (NEM Rakyat) and the commercial and industrial segment (NEM Nova).

Govt adds rooftop solar quota again; household rebate extended until April

As of the third quarter of 2024, highway-related projects awarded to Bumiputera contractors, in Grades G1 to G7, have reached RM15.09 billion, nearly matching the RM15.1 billion allocated to the group last year, said Deputy Works Minister Datuk Seri Ahmad Maslan.

RM15.09 billion highway-related projects awarded to Bumiputera contractors — Ahmad Maslan

International Finance Corporation (IFC) and a consortium of six global financial institutions will lend over US$900 million (RM4 billion) to US-based Yondr for the construction of its data centre in Malaysia.

World Bank's IFC, consortium lend over US$900 mil to Yondr for data centre in Malaysia

Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd on Monday.

Capital A to exit PN17 status by 1Q2025, says CEO

ECM Libra Group Bhd’s (KL:ECM) 50%-owned unit OHG Services Sdn Bhd will pay Malaysia Airports (Sepang) Sdn Bhd RM29.9 million to extend its concession agreement to manage and operate a 'limited-service hotel' at the Kuala Lumpur International Airport (KLIA) for another 35 years.

ECM Libra unit pays RM30m to extend hotel concession in KLIA for another 35 years

Malaysia’s listed companies must prepare sustainability reporting in their annual reports using the IFRS’ Sustainability Disclosure Standards, Bursa Malaysia announced on Monday.

Listed cos must prepare sustainability reporting using IFRS standards, says Bursa

The High Court has dismissed Youth and Sports Minister Hannah Yeoh's libel suit against former inspector general of police Tan Sri Musa Hassan over his comments that she was trying to turn Malaysia into a “Christian nation”.

High Court Judicial Commissioner Arziah Mohamad Apandi in a decision delivered on Monday said that the Segambut Member of Parliament (MP) failed to establish essential elements in a defamatory suit and that there was no malice in Musa's statement. She awarded costs of RM40,000 to Musa.

Court dismisses Hannah Yeoh's suit against former IGP over 'Christian nation' comment

Public approval for Prime Minister Datuk Seri Anwar Ibrahim rose to 54% after two years in power, according to the latest polling published by the research house Merdeka Center last Friday.

Public approval for Anwar, unity govt rises in second year, survey shows

Tun Musa Aman was not a contender for the position of Yang Dipertua Negeri of Sabah as there were others, such as current chief minister Datuk Seri Hajiji Noor, in the running. His name only cropped up one month ago as a replacement for Tun Juhar Mahiruddin, whose term ends this month.

...

Alternative Views: Musa Aman’s comeback spells new chapter for Sabah politics

Capital A Bhd is in discussions with aircraft manufacturers Airbus, Embraer and Comac to purchase new aircraft as part of its expansion strategy for its airline operations under the AirAsia brand.

AirAsia in talks to buy new aircraft as part of expansion strategy — Tony Fernandes

Malaysia has been ranked first among regional peers in Southeast Asia in Knight Frank’s SEA-5 Data Centre Opportunity Index for the second consecutive year with an annual take-up of 429 megawatts (MW).

Knight Frank: Malaysia continues to lead regional data centre index

Power and water company Malakoff Corp Bhd (KL:MALAKOF) has redesignated its executive vice-chairman Tan Sri Che Khalib Mohamad Noh as non-independent non-executive chairman, effective from January 2025.

Malakoff redesignates Che Khalib as non-executive chairman

Two commercial projects by S P Setia Bhd (KL:SPSETIA) namely Pines Avenue at Setia EcoHill 2 and Baris Place 2 at Setia Mayuri, both located in Semenyih, Selangor, have been fully taken up, according to a statement on Monday.

Two recently launched commercial projects in Semenyih by S P Setia fully taken up

Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion last week, according to MIDF Research.

This was an increase from the net inflow of RM995.5 million in the preceding week.

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