Posts by Liam Redmond
Sats’ WFS opens US$270 million cargo terminal at JFK Airport
[NEW YORK] Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open a US$270 million cargo terminal at John F Kennedy (JFK) International Airport in the US. This is the airport’s first new cargo terminal in 30 years, and will help to reduce…
Read MoreThe million-dollar question about menopause is also the No. 1 complaint — what you can do about it
Don’t sweat it! Menopause is a natural process that affects all women — it occurs when ovaries produce less of the hormones estrogen and progesterone and stop releasing eggs altogether. It’s officially diagnosed after 12 consecutive months without menstruation, though symptoms often persist for years before and after this period. Menopause is a universal phenomenon, but there…
Read MoreSingapore stocks close lower on Monday; STI falls 0.3%
The biggest decliner on the index is UOB, and the top gainer is Yangzijiang Shipbuilding [SINGAPORE] Shares on the Singapore market ended lower on Monday (Apr 28), after the city-state’s central bank sounded a cautious note about the economy’s growth outlook. The Republic’s latest employment report also cast more pessimism, with the government forecasting further…
Read More40 die, hundreds injured as explosion rocks Iranian port
[TEHRAN] Firefighters in Iran battled raging fires on Monday (Apr 28) at the country’s largest commercial port, two days after a massive explosion killed at least 40 people, state TV reported. The blast took place on Saturday at Shahid Rajaee Port in Iran’s south near the strategic Strait of Hormuz, a waterway through which one-fifth…
Read MoreSingapore Savings Bond demand falls short by over S$200 million; 10-year return down at 2.69%
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance [SINGAPORE] The latest Singapore Savings Bond (SSB) tranche allotted on Monday (Apr 28) saw applications fall short of the S$700 million on offer by S$268.5 million, with a total of S$431.5 million applied for. Of this amount, S$400.8 million…
Read MoreLatest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
[SINGAPORE] The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH NZ) offer price to NZ$2.80 per ordinary share. “While the independent directors welcome the increase in the offer, we believe it is still too low and…
Read MoreInventory Management: Stop the Bleeding
Managing inventory effectively is essential for any business that wants to stay afloat and thrive. Poor inventory management can lead to financial losses, unsatisfied customers, and a lot of headaches. In this article, we’ll explore why having a solid inventory management system is vital, the common challenges businesses face, and practical ways to optimize your…
Read MoreExclusive | Tom Brady-backed private jet company Wheels Up offers Europe routes to Delta One passengers
There’s a new way to travel in style — thanks to the celebrity-backed private jet company Wheels Up. Once reserved for the rich and famous, private aviation is now the transportation of choice for travelers looking for a stress-free and convenient way to fly. The Atlanta-based company, which boasts stars like Tom Brady, Serena Williams,…
Read MoreAster Chemicals to bid for Exxon Mobil’s Singapore fuel stations, sources say
Published Mon, Apr 28, 2025 · 03:45 PM [SINGAPORE] Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil’s petrol stations in Singapore, five people with knowledge of the matter said, as the refiner seeks retail fuel sales outlets. The sale of the ExxonMobil retail outlets is…
Read MoreHwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
[SINGAPORE] Amara on Monday (Apr 28) received a voluntary conditional general offer at S$0.895 per share from a consortium led by property company Hwa Hong, which was formerly listed on the Singapore Exchange. The offer is final and values the hotel group at about S$514.6 million. It represents a premium of 27 per cent over…
Read MoreSicko accused of sexually violating dead body on NYC subway train arrested and charged with rape
The sicko accused of sexually violating a dead body on a lower Manhattan subway train was arrested Sunday night, police said. Felix Rojas, 44, was charged with rape nearly three weeks after he allegedly assaulted the body of the dead man on an R train near the Whitehall Street station, according to the NYPD. The…
Read MoreMortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
[SINGAPORE] Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high interest rates have started to enter the market, said a report by property consultancy Knight Frank on Monday (Apr 28). Mortgagee sales made up the majority of auction listings in…
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