Posts by Liam Redmond
Exclusive | Viral TikTok restaurant reviewer is bringing a festival to NYC: ‘I take food very seriously’
It’s a festival worth its salt. Starring a who’s who of culinary icons, Keith Lee’s Family Style Food Festival is set to take over Industry City on Saturday, May 17, to assuage even the hangriest New Yawkas. “I’m more than excited,” Lee, the martial artist-turned-foodfluencer whose 17 million TikTok followers can make or break a…
Read MoreIReit Global launches S$85 million of green notes at 6%
[SINGAPORE] IReit Global’s trustee has launched and priced S$85 million of green, senior, and unsecured notes at 6 per cent per annum, with the proceeds to fund the capital expenditure for the repositioning of its Berlin Campus to a multi-let and mixed-use property. The manager of the real estate investment trust (Reit) with assets focused…
Read MoreMicrosoft to lay off 7,000 employees: CNBC
Published Tue, May 13, 2025 · 11:31 PM [BENGALURU] Microsoft is laying off 3 per cent of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday (May 13), as the technology giant looks to rein in costs while funneling billions of US dollars into its ambitious bet on artificial intelligence. The cuts will be…
Read MoreShedeur Sanders breaks silence on Browns’ quarterback battle
Shedeur Sanders knows about the decades-long list of failed quarterbacks in Cleveland, those tasked with saving the franchise only to move on after failed efforts. “I feel like the Browns fans they just want something to hope for and they’ve been wanting it so long and long,” Sanders told the team website. “And finally, I’m…
Read MoreBRC Asia H1 profit rises 9% to S$42.1 million
[SINGAPORE] Steel solutions provider BRC Asia reported on Tuesday (May 13) a 9 per cent year-on-year increase in net profit for the first half of the year to S$42.1 million, from S$38.5 million in the year-ago period. Revenue fell 6 per cent to S$715.6 million from S$758.3 million in the year before. “While the construction…
Read MoreFood Empire reports 16.3% rise in revenue for Q1
[SINGAPORE] Food Empire posted a 16.3 per cent rise in its top line to US$136.6 million for the first quarter of FY2025 ended March, as most major markets delivered better performance. However, the firm did not give its net profit for the period in the update filed with the bourse on Tuesday (May 13). Contributing…
Read MoreAEM’s Q1 earnings rise 42.9% to S$3.3 million
The company lowers its debt-to-equity ratio to 0.1 times over the period due to the repayment of debt [SINGAPORE] Semiconductor testing equipment manufacturer AEM Holdings reported a 42.9 per cent year-on-year rise in its bottom line for the first quarter of FY2025 ended March as net profit margin improved. In a bourse filing on Tuesday…
Read MoreUnitedHealth CEO abruptly quits, predecessor returns in major shakeup
UnitedHealth Group announced a dramatic leadership shakeup, with former CEO and current chairman Stephen Hemsley stepping back into the top job following the abrupt resignation of Andrew Witty. The move comes at a time of escalating crises for the healthcare giant — including the recent fatal shooting of Brian Thompson, the CEO of UnitedHealthcare, UnitedHealth’s…
Read MoreCDL to buy back preference shares at S$0.78 each via off-market, equal access scheme
The offer, to be made in cash, allows it to exercise greater control over its share capital structure in relation to the preference shares [SINGAPORE] Property player City Developments Limited (CDL) will be repurchasing 10 per cent of its preference shares – or about 26.8 million shares – at S$0.78 a share, it announced in…
Read MoreCDL to repurchase preference shares via off-market, equal access scheme
The offer, to be made in cash, allows it to exercise greater control over its share capital structure in relation to the preference shares [SINGAPORE] Property player City Developments Limited (CDL) will be repurchasing 10 per cent of its preference shares – or about 26.8 million shares – at S$0.78 a share, it announced in…
Read More‘Big, Beautiful Bill’ proposal spearheaded by Ted Cruz offers ‘MAGA accounts’ with $1K for newborns
A draft of President Trump’s “Big, Beautiful Bill” includes a proposal to establish so-called “MAGA” savings accounts for children. The pilot program — described as the “money account for growth and advancement” or “MAGA account” in the GOP bill released on Monday — would give every baby with a Social Security number born in the…
Read MoreNissan posts 671 billion yen annual net loss, to shut plants and cut 20,000 jobs
[TOKYO] Japan’s Nissan on Tuesday (May 13) posted an annual net loss of 671 billion yen (S$5.9 billion) for the financial year to March 2025, while saying it plans to cut 15 per cent of its global workforce and warning about the possible impact of US tariffs. The heavily indebted carmaker, whose mooted merger with…
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