Posts by Liam Redmond
China’s premier calls on big three telcom firms to step up R&D
A tariff war with the US is adding fresh urgency to finding new growth drivers, with Trump already imposing a 10 per cent levy on China CHINESE Premier Li Qiang called on the country’s top three telecom companies to step up research and development (R&D) in the aid of broader innovation and economic growth –…
Read MoreInstacart forecasts downbeat first-quarter core profit, shares fall
INSTACART on Tuesday forecast a lower-than-expected first-quarter core profit as the online grocery delivery platform expects sequential declines in advertising revenue. The company’s shares, which also missed fourth-quarter revenue estimates, were down about 10 per cent in extended trading. Instacart, which provides an advertising platform to grocery retailers including Kroger and consumer packaged firms such…
Read MoreApple to keep DEI efforts, though some adjustments possible
APPLE investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion (DEI) efforts, though chief executive officer Tim Cook said that the company may make some adjustments to the programme. The company conducted the vote as part of its annual meeting, held virtually on Thursday (Feb 20), with Cook and…
Read MoreSingPost to hold EGM on Mar 13 to seek shareholders’ approval for sale of Australia business; mulls special dividend
SINGAPORE Post (SingPost) said on Wednesday (Feb 26) it will hold an extraordinary general meeting (EGM) to seek shareholders’ approval for the proposed divestment of its Australia business, Freight Management Holdings (FHM). The EGM will be held on Mar 13 at 3.30 pm. “This EGM provides our shareholders with the opportunity to vote on this…
Read MoreTrump to probe copper tariffs, opening door to new levy on metal
PRESIDENT Donald Trump signed an executive action directing the Commerce Department to examine possible copper tariffs, the latest in a string of measures aimed at imposing sector-specific levies that offer to reshape global supply chains. Trump said the order would have a “big impact” as he signed it on Tuesday (Feb 25) in the Oval…
Read MoreTeams split on Travis Hunter’s best NFL position
There is still no clarity surrounding the primary position for dynamic two-way Heisman winner Travis Hunter in the NFL. Hunter was listed at cornerback for the upcoming NFL Scouting Combine, but that has not ended the debate, as even the teams with the draft’s top two picks, the Titans and Browns, cannot come to an…
Read MoreItaly extends big tech tax probe to Musk’s X social network
ITALY is claiming 12.5 million euros (S$17.4 million) from Elon Musk’s social network X following a tax probe running parallel to one into Meta, four sources with direct knowledge of the matter said, the latest move in a potential test case for the tech sector in Europe. While the value-added tax claim is a trifling…
Read MoreCoupang profit beats estimates, even as sales growth slows
COUPANG, the largest e-commerce company focused on South Korea, handily beat profit estimates for the fourth quarter, even as sales grew more slowly than expected during the period. The online retailer’s net revenue rose 21 per cent to US$7.97 billion in the quarter ended Dec 31, compared with an average analyst projection of US$8.08 billion.…
Read MoreMusk’s email: respond or face termination | Reporter Replay
Musk’s email: respond or face termination | Reporter Replay (Video) | New York Post Next Previous Source link
Read MoreMAS review group initiatives to benefit banks, Reits in near term
DIVIDEND-PAYING players such as banks and real estate investment trusts (Reits) may gain in the near term from the first set of measures by the Monetary Authority of Singapore (MAS) to revitalise the local stock market, analysts said. DBS, UOB and OCBC, which pay strong dividends, may see more allocations from new applicants to Singapore’s…
Read MoreForest City could become cheaper, secondary family office hub to complement Singapore
While the fundamentals are there, it is too early to tell if the zone could become a regional wealth centre MALAYSIA’S Forest City could be a secondary family office (FO) hub that complements Singapore’s FO scene given its strategic location and lower costs, industry watchers said. But they added that it is still too early…
Read MoreExclusive | Kate Hudson performs at the Soho Sessions in NYC
Kate Hudson performed at The Soho Sessions in NYC supporting two important causes: MindUp and Mount Sinai Health System. Page Six was there along with Goldie Hawn, Kurt Russell and more stars. Check out the video of her performance! Source link
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