Posts by Liam Redmond
Russian drones attack Ukraine after Kremlin turns down a ceasefire proposal
KYIV, Ukraine (AP) — Russia launched more than 100 Shahed and decoy drones at Ukraine in nighttime attacks, the Ukrainian air force said Monday, after the Kremlin rejected an unconditional 30-day ceasefire in the more than 3-year war. There was no response from the Kremlin, meanwhile, to Ukrainian President Volodymyr Zelenskyy’s challenge for Russia’s President Vladimir Putin to meet him…
Read MoreFlynas’ US$1.1 billion Saudi Arabia IPO sells out in minutes
Published Mon, May 12, 2025 · 06:44 PM [DUBAI] Saudi Arabia’s Flynas had demand for all the shares on offer in its US$1.1 billion initial public offering minutes after books opened, indicating continued demand for listings in the kingdom despite market volatility. The low-cost carrier and some of its shareholders are selling a 30 per…
Read MoreCobalt Holdings plans London’s biggest IPO in two years
[LONDON] Cobalt Holdings unveiled plans for an initial public offering in London in what could potentially be the biggest UK first-time share sale in more than two years. The firm, which purchases and hold physical stock of the key battery metal, wants to raise about US$230 million through the sale of new shares, according to…
Read MoreECB to cut by more as inflation undershoots 2%
[FRANKFURT] The European Central Bank (ECB) will lower borrowing costs more than previously expected this year to below 2 per cent as inflation is seen undershooting the institution’s target in early 2026, according to economists surveyed by Bloomberg. After seven quarter-point reductions so far, additional cuts are likely in June and September, a monthly poll…
Read MoreNissan to cut over 10,000 more jobs globally
Published Mon, May 12, 2025 · 05:35 PM [TOKYO] Nissan Motor will slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15 per cent of its workforce, Japan’s public broadcaster NHK reported on Monday (May 12). The struggling Japanese carmaker last month warned it would likely…
Read MoreNYC firefighter unions back Andrew Cuomo for mayor, solidifying labor support
The unions representing FDNY members are backing ex-Gov. Andrew Cuomo for mayor, solidifying the frontrunner’s support among labor groups weeks before a Democratic Party primary. Cuomo picked up the backing of the Uniformed Firefighters Association and the Uniformed Firefighters Officers Association after picking up endorsements from the department’s ambulance workers’ unions — EMS Local 2507…
Read MoreMarkets rally after China and US slash tariffs for 90 days
[HONG KONG] Stocks rallied on Monday (May 12) after Chinese and US officials held “substantial” trade talks and slashed their tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets. Investors have been on a rollercoaster ride since Donald Trump unveiled eye-watering tolls on…
Read MoreSingapore’s sovereign wealth investors GIC, Temasek find adaptation potential
THE likelihood and extent of climate-related losses and damage have increased, with global warming likely to breach the 1.5-degrees Celsius threshold and possibly even 2 deg C. Higher climate risks could induce greater spending on climate adaptation, especially as the impact of climate change intensifies. Surely there’s money to be made there. Singapore’s sovereign wealth…
Read MoreDear Abby: My sister may have dementia — should I take her keys?
DEAR ABBY: My oldest sister has it in her head that since she’s home all week, she needs to go out every Sunday. She started calling me every Saturday to invite me to accompany her, which I did a few times. In doing so, I realized she has mobility issues and the beginnings of dementia.…
Read MoreNebraska Woman Set Up GoFundMe for Husband’s Mental Health Struggles Days Before He Killed Her, Their Teen Sons in Murder-Suicide
A family of four in Nebraska was found dead in what authorities believe was an apparent murder-suicide. On Saturday, May 10, the Dawson County Sheriff’s Office was called to a home at Johnson Lake, Plum Creek Canyon #1 at around 9:45 a.m. local time. Victims were Found Dead with ‘Knife Wounds’ When authorities arrived at…
Read MorePopular Ohio weatherman Mark Johnson off the air after vague statement from station stuns fans
A beloved Ohio TV weatherman is “no longer employed” as a meteorologist at an ABC affiliate he worked at for years, the station revealed in a vague statement. “News 5 wants to share with our viewers a change to our on-air staffing. Meteorologist Mark Johnson is no longer employed at WEWS,” the Cleveland-based news station…
Read MoreSoftBank seen booking modest fourth-quarter loss as Vision Fund suffers
[TOKYO] Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen (S$239.4 million) on Tuesday (May 13) as early-stage tech startups fell out of favour and losses widened at major portfolio firms. The forecast downgrades are seen by analysts as being partially offset by a stronger yen and…
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