Jalen Brunson set to sit vs. Timberwolves as Knicks seek balance

Jalen Brunson set to sit vs. Timberwolves as Knicks seek balance

That’s one way to keep minutes down. Jalen Brunson will rest Tuesday’s game against the Timberwolves with “right ankle injury management,” according to the Knicks, who also ruled out OG Anunoby with “left ankle soreness.” The news arrived after Mike Brown said he hoped to limit Brunson’s playing time but failed during Sunday’s win over…

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Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake

Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake

Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit [SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched a mandatory conditional cash offer for all issued and outstanding units of Alpha Integrated Real Estate Investment Trust (AI-Reit)…

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Saks mulls bankruptcy year after raising billions for turnaround

Saks mulls bankruptcy year after raising billions for turnaround

SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation. The company is also weighing additional ways to shore up liquidity, including raising emergency financing or…

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Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit

Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI) : Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed to buy five high-specification industrial facilities in the Johor-Singapore Special Economic Zone for RM220.8 million (S$69.2 million), said CLI on Monday. The acquisition supports CLMT’s strategy…

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Chinese airlines see hopes dim for profit return with Japan spat

Chinese airlines see hopes dim for profit return with Japan spat

China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and Japan threatens to exacerbate a seasonally weak period for Chinese airlines and make it harder for them to post their first annual profit in six years. Tensions between Beijing and Tokyo have…

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Citigroup to boost Japan investment banking team on deal boom

Citigroup to boost Japan investment banking team on deal boom

Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking team in Japan to capitalise on a record-breaking boom in mergers and acquisitions that it expects to reach new heights.  The US bank plans to expand the division about 30 per cent by the first half…

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DEI hollowed out a generation — and sapped America’s promise

DEI hollowed out a generation — and sapped America’s promise

The wholesale adoption of diversity, equity and inclusion ideology in almost all our major institutions has done untold damage to American society.   It was advertised as something noble — a way to open opportunities for women and minorities who had been unfairly denied them. But through a combination of bureaucratic laziness and political malice, DEI…

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US freezes five big offshore wind projects, shares dive

US freezes five big offshore wind projects, shares dive

THE Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the US East Coast over what it called national security concerns, sending shares of offshore wind companies plunging. The suspension was the latest blow for offshore wind developers that have faced repeated disruptions to their multi-billion-dollar projects under US President Donald Trump, who…

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Watch Live: Donald Trump and Pete Hegseth Make an Announcement

Watch Live: Donald Trump and Pete Hegseth Make an Announcement

President Donald Trump and Secretary of War Pete Hegseth make an announcement at Mar-a-Lago on Monday, December 22. Also speaking will be Secretary of the Navy John Phelan. The Trump administration has been targeting drug smuggling boats from South America for months, despite Democrat and media outrage over targeting narco-terrorists. Recently the U.S. military has also…

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