Posts by Liam Redmond
Senate advances Iran war powers resolution as beaten GOP Sen. Bill Cassidy changes vote to defy Trump
[ad_1] The Senate advanced a measure Tuesday that would force President Trump to end military action against Iran without congressional approval, as four Republicans broke with the White House. Sen. Bill Cassidy (R-La.), three days removed from a humiliating primary defeat that dashed his hopes for a third term, joined Susan Collins of Maine, Lisa…
Read MoreSingapore stocks end lower amid downbeat regional showing; STI down 0.5%
[ad_1] [SINGAPORE] Singapore stocks ended lower on Wednesday (May 20). The benchmark Straits Times Index (STI) lost 0.5 per cent or 27.43 points to finish at 5,044.91. Wilmar International led the gainers on Singapore’s blue-chip index, rising 2.2 per cent or S$0.08 to end at S$3.73. It was the worst STI performer on Tuesday, having…
Read MoreGrab folds Indonesia’s Superbank into financial services segment; Singtel transfers stake to GXS Bank
[ad_1] [SINGAPORE] Grab will consolidate Indonesian digital bank Superbank into its financial services segment, after Singtel transfers its stake in the lender to GXS Bank, Grab’s joint venture with the telco. The Nasdaq-listed super app on Wednesday (May 20) announced that its combined shareholding in Superbank will rise to more than 50 per cent following…
Read MoreDogfight over California: The ugly battle between electric air taxi leaders Joby and Archer
[ad_1] Two California companies at the front of the global race to bring battery-powered air taxis to the public are trying to trip each other up in court. While Joby Aviation and Archer Aviation are based within an hour of each other in Northern California, they are bitter rivals, each hoping their own small electric…
Read MoreNestle and Danone face fresh scrutiny over infant formula recalls
[ad_1] Published Wed, May 20, 2026 · 05:35 PM [PARIS] Nestle and Danone are facing fresh scrutiny over the handling of infant formula contamination after reports published on Tuesday by French, Belgian and Swiss public media questioned the speed of recalls of potentially harmful products. The investigation by Radio France, RTBF and RTS said Nestle…
Read MoreTrader Joe’s workers shut down long-running checkout line rumor: ‘Over-the-top friendliness’
[ad_1] Trader Joe’s has shut down a long-running rumor that its employees are trained to flirt with customers while working the checkout line. “Definitively, no,” Bryan Palbaum, CEO of the California-based grocery store chain, said on the Trader Joe’s podcast in 2023. Still, the rumor persists — and not entirely without reason, according to some. “I…
Read MoreStanChart CEO reassures staff after ‘lower-value human’ backlash
[ad_1] Published Wed, May 20, 2026 · 04:39 PM STANDARD Chartered chief executive officer Bill Winters sought to reassure staff after his remarks on using artificial intelligence to replace “lower-value human capital” triggered a sharp backlash on social media and from a former head of state. “Many of you will have seen media coverage following…
Read MoreCommercial vehicle COE premium up 5.4% at record high of S$92,223
[ad_1] [SINGAPORE] The Certificate of Entitlement (COE) premium for commercial vehicles set a new record as most categories rose in May’s second round of bidding that ended on Wednesday (May 20). The price for Category C, applicable to commercial vehicles and buses, increased 5.4 per cent to S$92,223, exceeding the previous record of S$91,101 set…
Read MoreLast two bodies of Italian tourists trapped in Maldives ‘shark cave’ are recovered
[ad_1] An elite squad of Finnish divers on Wednesday recovered the final two bodies of the Italian tourists who were trapped 200 feet in a shark-infested underwater cave in the Maldives. Divers recovered the bodies of Giorgia Sommacal, 22, and researcher Muriel Oddenino, 31, from the Vaavu Atoll cave — six days after their disappearance, sources…
Read MoreSingapore to be ‘early entrant’ in nuclear fusion supply chain with A*Star, US startup deal
[ad_1] Five-year tie-up with Commonwealth Fusion Systems comes amid global race to commercialise nuclear fusion energy [SINGAPORE] Commonwealth Fusion Systems (CFS), the world’s largest private company in nuclear fusion energy, has inked a five-year collaboration deal with Singapore’s Agency for Science, Technology and Research (A*Star). The move will support Singapore’s efforts to be “an early…
Read MoreAustralian shares end below key 8,500 level as price pressures keep sentiment muted
[ad_1] Published Wed, May 20, 2026 · 03:56 PM AUSTRALIA’S equity benchmark closed below the psychologically key 8,500 support level for the first time since March-end on Wednesday, as worries over inflation stemming from the Iran war kept investors on edge. The benchmark S&P/ASX 200 index ended 1.3 per cent lower at 8,496.60 points, its…
Read MoreEuropean shares dip as Middle East caution lingers
[ad_1] Published Wed, May 20, 2026 · 03:37 PM EUROPEAN shares edged lower on Wednesday (May 20) as investors remained cautious with war-driven inflation fears pressurising bonds, while markets kept a close watch on US-Iran negotiations. The pan-European Stoxx 600 dipped 0.2 per cent to 610.37 points, as of 0701 GMT. Other regional bourses were…
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