Posts by Liam Redmond
Salesforce cutting 1,000 roles while hiring salespeople for AI
SALESFORCE is cutting jobs as its latest fiscal year gets underway, according to a person familiar with the matter, even as the company simultaneously hires workers to sell new artificial intelligence products. More than 1,000 roles will be affected, according to the person, who asked not to be identified because the information is private. Displaced…
Read MoreSingapore finds its seat at the China+1 table
FOR multinationals looking to reduce their reliance on China, the top alternative locations in Asia so far have been Vietnam and Indonesia. Both economies have witnessed a boom in exports and foreign investments over the past few years. But now someone new wants to play: Singapore. To gauge the city’s seriousness, look no further than…
Read MoreKeppel Pacific Oak US Reit posts 8.8% fall in distributable income to US$23.8 million for H2
THE manager of Keppel Pacific Oak US Reit (Kore) on Tuesday (Feb 4) posted an 8.8 per cent fall in distributable income to US$23.8 million for H2 ended Dec 31, from US$26.1 million in the previous corresponding period. This brought its income available for distribution for the full year down 8.8 per cent to US$47.6…
Read MoreKeppel Infrastructure Trust posts 54.2% lower H2 DPU of S$0.0195
KEPPEL Infrastructure Trust (KIT) on Tuesday (Feb 4) posted a 54.2 per cent lower distribution per unit (DPU) of S$0.0195 for the second half ended Dec 31, from S$0.0426 in the year-ago period. The year-ago period included S$0.0233 of special distributions paid out in November. Excluding the special distributions, DPU for the second half rose…
Read MoreJapan’s biggest lender MUFG posts 32% jump in Q3 profit
Japan’s largest lender Mitsubishi UFJ Financial Group on Tuesday (Feb 4) reported a 32 per cent increase in quarterly net profit. Profit in the October-December period came in at 490.74 billion yen (S$4.29 billion) versus 370.64 billion yen a year earlier, according to Reuters’ calculations based on nine-month cumulative figures disclosed in a filing. MUFG…
Read MoreSean Hayes once turned down Ariana Grande’s sleepover invite due to massive age gap: ‘I’m 45 years old!
Sean Hayes once turned down a sleepover invite from Ariana Grande when they co-starred in “Hairspray Live!” “I don’t know why I’m remembering this, but one of the cutest, greatest things you ever did — this was around 10 years ago, when we were doing ‘Hairspray Live!’” the “Will & Grace” alum recalled during Monday’s episode…
Read MoreShein to face EU consumer law probe under e-commerce crackdown
THE Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe into its compliance with consumer laws over the sale of illegal products. The bloc’s executive branch, the European Commission, will lead national consumer protection regulators in a coordinated action against the fast-fashion marketplace, according to two…
Read MoreRoger Goodell slams ‘ridiculous’ Chiefs-officiating conspiracy theory
NEW ORLEANS – Roger Goodell has a word for the popular conspiracy theory that the Chiefs are getting favorable calls from NFL officials in order to make sure their Patrick Mahomes-, Travis Kelce-, Taylor Swift-fueled dynasty keeps winning. “That’s a ridiculous theory,” the NFL commissioner said Monday at his annual pre-Super Bowl news conference, “for anyone who might take it…
Read MoreClorox raises guidance after quarterly sales top estimates
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover from a 2023 hack that disrupted operations. Net sales are seen rising as much as 2 per cent for the company’s current fiscal year, the maker of Formula 409 cleaner…
Read MoreHow to watch the 2025 Puppy Bowl: Learn about the ‘fetching’ event
Before you dig into buffalo wings to watch the “Swiftie Bowl,” aka the Super Bowl, Page Six is telling you everything you need to know about the real stars of Super Bowl Sunday. The 2025 Puppy Bowl has quite the K9 lineup and is set to feature some of the most adoptable and adorable puppies.…
Read MoreCapitaLand Investment to seed future data centre fund with US$700m investment in Japan
It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar Khiatani ASSET manager CapitaLand Investment (CLI) will invest more than US$700 million in a freehold land parcel in Osaka, Japan, to develop a data centre with 50 megawatts (MW) of capacity. The company announced on Tuesday (Feb 4)…
Read MoreMat Barzal out indefinitely for Islanders in potential injury disaster
The Islanders are going to be without Mat Barzal for the foreseeable future. The club announced on Monday that Barzal is out indefinitely with a lower-body injury after leaving Saturday’s win over Tampa in the final minutes, having blocked a shot off his kneecap. Scott Mayfield, who left the same game after crashing into the…
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