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Formula One owners Liberty Media buy MotoGP for $4.5 bn
Formula One owners Liberty Media buy MotoGP for $4.5 bn
by  AFP

Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said. MotoGP said in a statement that Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna in a deal valued at 4.2 billion euros ($4.5 billion).

Gold hits new record high on Fed rate cut bets
Gold hits new record high on Fed rate cut bets
by  AFP

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report. On Monday it hit a new high of $2,256.44, according to Bloomberg News.

New Japanese whisky rules aim to deter imposters
New Japanese whisky rules aim to deter imposters
by  AFP

Japanese whisky is world-famous, often eye-wateringly expensive, and from Monday will be more strictly defined in an industry push to deter foreign-made imposters. But concern and confusion have also grown among producers and customers as beverages made elsewhere -- and sometimes not even whisky -- are marketed as "Japanese whisky".

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