Posts by Liam Redmond
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets. The Beijing-based parent company of TikTok is on track to hit that milestone after amassing net income of about US$40 billion over the year’s first three quarters,…
Read MoreFrench court rejects Shein suspension
A FRENCH court on Friday rejected the state’s request to suspend Shein’s site in France as “disproportionate” after the Asian e-commerce giant removed illicit products sold on its platform. The French government said it would appeal the ruling. French authorities had requested the ultra-fast-fashion giant’s site be blocked for three months after weapons, banned medications…
Read MoreEuropean stocks hover near record on lingering policy optimism
EUROPEAN stocks hovered near a record on Friday, wrapping up the final full trading week of the year with optimism around further policy easing and resilient growth in the US. The Stoxx 600 Index closed 0.37 per cent higher at 587.50, after finishing at an all-time peak on Thursday for the first time since November. Energy and…
Read MoreHard Work Still Fuels Real Wealth Creation
A simple question exposed a hard truth: most people want more balance even if it means less money. The prompt was clear. Would you rather work 25 hours a week and make $125,000 a year, or work 70 hours and make $300,000? My answer was instant. The results from tens of thousands of responses surprised…
Read MoreREE Medical Guide: How to Choose a Good Disability Claim Company and Avoid Bad Actors
The Department of Veterans Affairs continues to process disability claims at a historic volume. In fiscal year 2024, VA reported completing more than 2.4 million disability compensation claims, a pace that has carried into 2025 as toxic‑exposure and post‑deployment conditions keep surfacing in the system. Even with that throughput, the claims backlog remains large enough…
Read MoreEconomyBookings.com vs. Booking Directly: How to Get the Best Deal on Your Next Car Rental
When you’re planning your next trip and need a rental car, you’re faced with an important decision: should you book through an aggregator like EconomyBookings or go directly to the rental company? This choice has real implications for your wallet, your travel flexibility, and your overall rental experience. The answer typically depends on your unique…
Read MoreKim Kardashian is wrapped up like a present in her latest holiday party look
Kardashian’s holiday look was tied with a bow at the waist. TheRealSPW / BACKGRID Kim Kardashian was wrapped up like a present at this year’s Skims holiday party. Crafted in festive black velvet, her mock-neck gown featured long sleeves, buttons down the front and a ribbon bow at her waist. Turning to reveal the back,…
Read MoreCitadel posts worst return since 2018 as natural gas bets falter
This is partly due to erratic swings triggered by geopolitical turmoil, making trades hard to stick to [NEW YORK] Ken Griffin’s Citadel is on track for its worst annual return since 2018 after wagers on natural gas – previously a major driver of the hedge fund’s profits – fizzled. The flagship fund gained 9.3 per…
Read MoreIndia’s Adani seeks to operate more airports as part of US$11 billion expansion
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani Enterprises plans to aggressively bid for 11 airports that the federal government plans to lease to the private sector, as part of the company’s US$11 billion expansion strategy for airport infrastructure. The conglomerate, led…
Read MoreSean McVay blindsided by Puka Nacua’s postgame tweet question in tense press conference
In the aftermath of a potentially season-changing loss Thursday night, Sean McVay did not have time to scroll social media and see his star receiver popped off before the coach spoke to the media. The Rams’ coach had a tense and awkward exchange after the crushing 38-37 overtime loss to Seattle after being asked about…
Read MoreGLP picks investment banks for 2026 Hong Kong IPO: sources
Deliberations are ongoing and details such as the offering size and timing have not been finalised [HONG KONG] Investment firm GLP has selected banks for a Hong Kong initial public offering that may take place as soon as the first half of 2026, according to people familiar with the situation. The Singapore-based company has picked…
Read MoreEU leaders agree on 90 billion euro loan to Ukraine after plan to use Russian assets unravels
European Union leaders agreed on Friday to provide a massive interest-free loan to Ukraine to meet its military and economic needs for the next two years, but they failed to bridge differences with Belgium that would have allowed them to use frozen Russian assets to raise the funds. After almost four years of war, the International Monetary…
Read More