Posts by Liam Redmond
Couche-Tard clinches deal to deepen Seven & i Takeover talks
[TOKYO] Alimentation Couche-Tard and Seven & i Holdings have signed a non-disclosure agreement that will give the Canadian company access to the 7-eleven operator’s financial data as it seeks to formalise a buyout offer, the companies said. They also agreed to a standstill provision, Seven & i said on Thursday (May 1), adding that the…
Read MoreCanadian firm advances deal talks for Japan’s Seven & i with access to books
[TOKYO] Alimentation Couche-Tard (ACT) and Japan’s Seven & i said that they have signed a non-disclosure agreement (NDA) that will give the Canadian company access to the Japanese retailer’s financial data as it seeks a US$47 billion acquisition. The move represents significant progress in takeover talks for Couche-Tard, which operates Circle-K convenience stores in Canada…
Read MoreVisa, Bridge partner to launch stablecoin-linked cards
[NEW YORK] Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers across multiple countries in Latin America, which the companies say will allow users to make everyday purchases in cryptocurrency tokens. The move comes as the US Congress appears likely to pass a bill creating stablecoin rules for…
Read MoreRipple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up their IPO plans Published Thu, May 1, 2025 · 08:14 AM [NEW YORK] Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group for US$4 billion to US$5 billion, a bid that…
Read MoreWhy I was wrong about Donald Trump — he’s a ‘strange attractor’ with a mission
The first descriptor I attached to Donald Trump, back when he took the lead in the race for the 2016 Republican presidential nomination, was “empty vessel.” He was never that. More recent epithets I have used include “carnival barker” and “master of disaster.” He’s much more than those. Peer beyond the night fog emanating from…
Read MoreMicrosoft posts strong results fuelled by cloud sales growth
[NEW YORK] Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of new tariffs and economic turbulence. Total revenue in the fiscal third quarter increased 13 per cent to US$70.1 billion, while adjusted profit was US$3.46 a share, the company said on Wednesday (Apr…
Read MoreAre ‘Chicago Fire,’ ‘Med,’ and ‘PD’ New Tonight? ‘One Chicago’ Return Date Info
It’s a big night for reality TV fans. Huge. CBS is airing new episodes of Survivor and The Amazing Race, while Fox delivers another installment of The Masked Singer. It’s a game night and chill kinda vibe over on ABC as the network offers up new episodes of Celebrity Wheel of Fortune and Jeopardy! Masters.…
Read MoreBarclays beats first-quarter forecasts as Trump turmoil supercharges trading
[LONDON] Barclays booked a stronger than expected 19 per cent increase in first-quarter profit on Wednesday (Apr 30), as trading activity surged in the early months of US President Donald Trump’s tenure and the bank made progress on boosting its share of the lucrative UK lending market. The British bank’s profit before tax for January…
Read MoreOil settles lower, posts steepest monthly decline since 2021
[NEW YORK] Oil prices settled down on Wednesday (Apr 30) and recorded the largest monthly drop in almost 3½ years after Saudi Arabia signalled a move towards producing more and expanding its market share, while the global trade war eroded the outlook for fuel demand. Brent crude futures settled US$1.13, or 1.76 per cent, lower…
Read MoreEurope: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
[BENGALURU] European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate earnings, ending a sluggish month marred by US President Donald Trump’s erratic tariff policy. The pan-European Stoxx 600 index closed 0.5 per cent higher on Wednesday, helped by a 1.3 per cent…
Read MoreUS: Stocks end mostly up, rebounding from bad GDP report
Published Thu, May 1, 2025 · 06:07 AM [NEW YORK] Wall Street stocks finished mostly higher on Wednesday (Apr 30) after digesting a poor US GDP reading that was offset by solid consumer spending data. Markets opened sharply lower after government data showed the US economy shrank by an annual rate of 0.3 per cent…
Read MoreInside Grammy winner Winston Marshall’s crusade to save the UK from woke radicalism: ‘Britain’s in real trouble’
Winston Marshall — the banjo player turned podcaster who left Mumford and Sons after supporting anti-Antifa views — may have surprised White House Press Secretary Karoline Leavitt this week with his shock question about whether the Trump Administration would grant Brits asylum for free-speech issues. But the 37-year-old is dead serious about his crusade to save his home country from…
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