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

US billionaire Dan Friedkin has agreed to a takeover of Everton FC, the Premier League team that has long struggled to find a buyer.

Friedkin and Everton owner Farhad Moshiri came to an agreement over the weekend, according to people familiar with the matter, bringing to an end to months of uncertainty at the Liverpool-based football team.

Everton FC agrees to takeover from AS Roma owner Friedkin

Formula 1 priced a US$2.55 billion (RM11.05 billion) loan package on Tuesday to help finance owner Liberty Media Corp’s acquisition of motorcycle racing association MotoGP World Championship, after investor interest led to a refinancing transaction being added to the offering.

Formula 1 wraps up US$2.55b M&A, refinancing loan package

A US bankruptcy court approved Diamond Sports Group’s deals with National Basketball Association (NBA) and National Football League (NFL) to broadcast games in the 2024-25 season.

The deals, which were disclosed in court papers filed in late August, could put the company back on track to emerge from Chapter 11, its lawyer Joe Graham told the court on Tuesday.

Bankrupt firm Diamond gets approval to broadcast NBA, NFL games

Saudi Arabia suggested it could make a bid to host the Olympics as the desert kingdom forges ahead with a massive economic overhaul that’s seen it invest vast sums of money into sports.

Saudi Arabia signals ambition to host Olympic Games

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

Seven in 10 footballers in the UK's Premier League have faced abusive tweets, according to the Office of Communications

Cristiano Ronaldo and Harry Maguire most abused Premier League players on Twitter — Ofcom

(Nov 23): UK retail sales declined more than expected in October, as uncertainty over Chancellor of the Exchequer Rachel Reeves first budget prompted consumers to hold back spending.

The volume of goods sold in stores and online fell 0.7% month on month, the Office for National Sta...

UK retail sales fell more than expected amid budget anxiety

NEW YORK (Nov 22): The banks most reluctant to tap the U.S. central bank's discount window to shore up their capital are in fact those who face the highest failure risk, according to new research from the New York Federal Reserve that turns the notion of bank emergency borrowing stigma on it...

New York Fed paper challenges notion of discount window stigma

ORLANDO, Florida (Nov 22): A record-high $7 trillion of cash is currently sitting "on the sidelines" in money market funds (MMFs). Anyone hoping to see a significant chunk of this flooding the wider investment field in the coming months may be disappointed.

Many strategists assume ...

America's $7 trillion cash stash isn't going anywhere

Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, marking the latest addition of cryptocurrency-related securities to traditional exchanges.

Cboe to launch cash-settled Bitcoin ETF options as crypto booms

French defence and technology firm Thales said on Friday it was denying unspecified allegations after Britain's Serious Fraud Office (SFO) announced a joint investigation with French authorities into suspected bribery and corruption.

Thales denies wrongdoing as Anglo-French bribery probe hits shares

As the Association of South East Asian Nations (Asean) chair for 2025, Malaysia has a key role in strengthening the Asean community and tackling complex regional challenges, Foreign Minister Datuk Seri Mohamad Hasan said.

Malaysia to strengthen Asean community, tackle regional challenges as Asean chair 2025 — Mohamad

A weekly round-up of tanker and dry bulk market (Nov 22, 2024)

Baltic Exchange shipping updates: Nov 22, 2024

Here is a brief recap of some corporate announcements that made the news on Friday.

Allianz Malaysia, Bumi Armada, Bintulu Port, D&O, Sarawak Plantation, Favelle Favco, CSC Steel, BM Greentech, SkyWorld, Lagenda Properties, Solarvest, SMI, Icon Offshore, Top Glove, MNRB, Chin Hin Group Property

The S&P 500 and the Dow touched over one-week highs on Friday after data showed a still robust economy, while small-cap stocks outperfomed large-cap indexes.

The S&P flash PMI showed manufacturing activity stood at 48.8 in November, in line with estimates from a Reuters poll of economists.

S&P 500, Dow touch over one-week highs after business activity data

Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.

Vizione quits RM116 mil hotel construction job over alleged unpaid works

Top Glove Corp Bhd (KL:TOPGLOV) has entered into a joint venture (JV) with US glove importer Tronex (Asia) Ltd, and Polywel International Trade Co Ltd for the production and distribution of high-density polyethylene (HDPE) gloves.

Top Glove in JV for high density polyethylene glove biz

Sunway Bhd (KL:SUNWAY) became the best performing constituent member of the FBM KLCI index year to date after its share price breached the RM5 mark on Friday, ahead of its third-quarter (3Q) earnings announcement expected next week. &nbsp;

Sunway is best FBM KLCI constituent YTD after shares shoot past RM5

Solarvest Holdings Bhd (KL:SLVEST)’s wholly owned subsidiary Atlantic Blue Sdn Bhd has been awarded a RM142 million engineering, procurement, construction and commissioning (EPCC) contract from SM01 Sdn Bhd, a special purpose vehicle (SPV) in which the group owns a 33% stake.

Solarvest bags RM142 mil EPCC job for 30MWac solar plant in Kedah

Vizione Holdings Bhd (KL:VIZIONE) said its unit has served a notice to Inspirasi Langkawi Sdn Bhd to terminate its employment as main contractor for the development of a 14-storey hotel in Langkawi, claiming it had not been properly paid for its works so far.

Malaysia’s Anti-Corruption Commission (MACC) said on Friday it will continue to investigate the late Tun Daim Zainuddin, his wife and other family members.

MACC says will continue to investigate late Daim, wife, family members

The largest shareholder of South Malaysia Industries Bhd (KL:SMI) has called for an upcoming extraordinary general meeting (EGM) scheduled for Jan 9, 2025, to appoint six new directors to the company’s board, including former Perak police chief Datuk Pahlawan Mior Faridalathrash Wahid.

SMI's largest shareholder calls for EGM to appoint six new directors including ex-Perak police chief

Global investment conglomerate Bin Zayed International Group of Companies (BZI) has committed to investing US$2 billion (RM8.93 billion) in Malaysia over the next five years.&nbsp;

Bin Zayed International (M) Bhd managing director Datuk Seri Dr Shamir Kumar Nandy said as part of its strategic expansion plan, the group would tap into real estate, renewable energy and financial services to attract investments into the country.

Bin Zayed International commits US$2 bil investment in Malaysia over next five years

Here is a brief recap of some corporate announcements that made the news on Friday.

Sarawak Plantation Bhd (KL:SWKPLT) has announced a second interim dividend of 15 sen per share, as its latest third quarter net profit rose 14.6%, despite lower revenue, thanks largely to a higher fair value gain on its biological assets.

Sarawak Plantation pays bumper 15 sen dividend as 3Q profit hits record

India will offer up to US$5 billion (RM22.4 billion) in incentives to local electronics companies to make components for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.

India to offer up to US$5b in incentives to local electronics firms, wean off China

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EVENING 5: Five things you need to know today

A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI up 0.07% to 1,589.78 on Nov 22, 2024

The government successfully saved almost RM1 million in the flight cost for the official delegation led by Prime Minister Datuk Seri Anwar Ibrahim to five countries recently, said Communications Minister Fahmi Fadzil.

Fahmi: Govt saves nearly RM1 mil in Anwar's flight cost for visits to five countries

Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over US President-elect Donald Trump a "huge concern".

Germany's Merkel laments influence of big business on Trump

A selloff in Chinese stocks deepened on Friday afternoon, as disappointing tech earnings hurt sentiment already weakened by concerns over Donald Trump’s imminent return. 
&nbsp;&nbsp; 
The mainland benchmark CSI 300 Index slumped 3.1%, the most since Oct 9. The Hang Seng China Enterprises Index of Chinese stocks traded in Hong Kong lost 2.1%, capping a second straight week of losses.

Chinese stocks slump on tech earnings, geopolitical tensions

MNRB Holdings Bhd (KL:MNRB), in which the Amanah Saham Bumiputera (ASB) holds a 41.88% stake, has appointed Datuk Rudy @ Rodzila Che Lamin as interim president and group chief executive officer (CEO) of the company, effective Friday.

MNRB names Rudy Rodzila Che Lamin as interim president and CEO

Investors will have to buy a record amount of eurozone government bonds for a third straight year in 2025 and without the ECB in the market, potentially adding pressure on borrowing costs when political and economic uncertainty is high.

Record 2025 bond sales risk higher eurozone borrowing costs

Offshore support vessel company Icon Offshore Bhd (KL:ICON) said on Friday it has signed definitive agreements for a slew of previously announced acquisitions worth over RM400 million.

Icon Offshore signs definitive agreements for previously announced acquisitions worth over RM400m

Melaka-based D&amp;O Green Technologies Bhd’s (KL:D&amp;O) net profit for the third quarter ended Sept 30, 2024 (3QFY2024) was flat at RM18.25 million from a year earlier despite thinner gross margin.

D&O posts flat 3Q net profit amid eroding gross margin, pays 0.3 sen dividend 

(Nov 22):&nbsp;Chinese President Xi Jinping visited Morocco on his way home from the Group of 20 (G20) summit in Brazil, underscoring Beijing’s push to develop ties with Africa.

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