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Chelsea were given a £10.75 million fine, a one-year transfer ban and a two-year suspension.A Premier League sanctions agreement reveals that Chelsea made secret payments totaling £47.5 million to agents and other individuals between 2011 and 2018, when Roman Abramovich was owner. Chelsea have also been handed a nine-month academy transfer ban with immediate effect in relation to the club’s registration of youth players from 2019 to 2022. According to the sanctions agreement, an investigation determined that these payments were made “with the knowledge and approval” of former senior employees and/or directors.The deal was revealed during the due diligence process…

U.S. President Donald Trump speaks to members of the media before boarding Air Force One bound for Florida at Joint Base Andrews, Maryland, U.S., March 13, 2026. Kevin Lamarque | ReutersUS President Donald Trump on Sunday insisted that other countries should help the US secure the Strait of Hormuz, arguing that the vital shipping lane benefits them more than the US. Trump told reporters on Air Force One that countries such as China, which have become increasingly dependent on oil shipments through the strait, should help keep it safe. “I’m asking these countries to protect their territory because that’s their…

Aerial view of a billboard promoting an artificial intelligence (AI) company in San Francisco, California, on September 16, 2025.Justin Sullivan | Getty ImagesMeta New long-term deal worth up to $27 billion signed to Dutch cloud provider NeviusRegarding AI infrastructure, the company announced on Monday. Nevius stock rose 14% in early trading.Nebius plans to deliver $12 billion in dedicated capacity across many locations over the next five years. That includes locations that the company says will be one of its first large-scale deployments. NVIDIA”’s latest AI specialist Vera Rubin chip. Meta has also committed to purchasing additional computing power available from…

listen to this article | 6 minutesinformationThe first two weeks of the Israeli and American attack on Iran generated an enormous amount of news, propaganda, and speculation. Politicians and experts from all sides are providing contradictory information and analysis, obscuring the reality on the ground and placing an undue burden on the world’s citizens.As the conflict enters its third week, careful observers may be able to identify important new dynamics that could shape its outcome, the future of the Middle East, and perhaps the global conflict and landscape. They are all new realities and they influence each other to create…

Treasury Secretary Scott Bessent said Monday that the administration has no plans to intervene in financial markets and may not have the authority to do so even if it wanted to.In an interview with CNBC, Bessent addressed rumors that the Treasury Department and other government agencies could intervene to lower oil prices.Presidents including Trump have authorized the release or exchange of loans from the Strategic Petroleum Reserve during times of stress in the energy sector, but entering futures markets or using other mechanisms would be unprecedented.The idea would be for the Treasury Department to intervene in the oil futures market…

Indian Prime Minister Narendra Modi, United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan and Iranian President Masoud Pezeshkian attend a family photo during the BRICS Summit in Kazan, October 23, 2024. Maxim Shipenkov | AFP | Getty ImagesMillions of barrels of oil flow to China via the Strait of Hormuz, while India, a longtime ally of Tehran, has yet to secure safe passage for ships stranded in the vital waterway, as New Delhi’s deepening ties with the United States and Israel strain ties with Iran. Two Indian ships carrying liquefied petroleum gas passed through the Strait of Hormuz…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. CNBC’s Brian Sullivan spoke this morning in Paris with Treasury Secretary Scott Bessent, who had just met with his Chinese counterpart. The Cabinet secretary said “logistics” could delay President Trump’s visit to China, which was scheduled for later this month.Stock futures are rising this morning after another losing week.Here are five important things investors need to know to start their trading day.1. Add fuel to the fireGas flares from an oil production platform at the Soroush oil field in the Persian Gulf, 1,250 kilometers…

Bruce Newman wanted to surprise his wife with a trip for her 75th birthday, and the New Brunswick, Canada, retiree thought he had it all planned, recalling their visit to New York a decade ago when she turned 65, and they celebrated with a Broadway show. But last year, as he began to map out the trip, he felt stung first by President Donald Trump’s decision to impose tariffs, and again when talk of re-christening Canada the 51st state was bandied about. The final straw, he said, was watching — with horror — as ICE battled American citizens in Minnesota.…

George Riddard is looking to establish himself as one of Britain’s best boxers under the age of 25.Moses Itauma, just 21 years old, and Adam Azim, 23, have established themselves as rising stars in British boxing. However, Lydard made a name for himself by winning the British and Commonwealth middleweight championships at the age of 23. He won that belt by stopping Kieron Conway in his last match. “That’s the goal for me. I just want to keep moving forward, keep stepping up, keep testing and proving to everyone who I am and that I’m one of the best fighters…

Journalists sometimes indulge in the myths and delusions they claim to be condemning.This lattice trend is on display in an almost dizzying light amid the ongoing fallout from US President Donald Trump’s imprudent decision to join Israeli Prime Minister Benjamin Netanyahu in starting a war with Iran.Like dominoes, a “narrative” gained momentum among America’s “progressive” commentators, claiming that President Trump’s war orders had angered the broader MAGA movement and caused seismic shifts in his fervent base.It is a foolish myth and a seductive delusion.Indeed, a handful of familiar MAGA figures are complaining that the new Middle East conflict betrays the…