Posts by Nathan Pine
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
[ad_1] [SINGAPORE] Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two companies’ joint venture (JV), for 275 rupees per share. Wilmar’s wholly owned unit Lence will purchase a maximum of 259.9 million shares in the Mumbai-listed JV, AWL Agri Business (formerly…
Read MoreEquity & Spotlight Set To Wait Weeks For Landmark High Court Decision
[ad_1] Having entered London’s High Court yesterday, UK actors union Equity and casting platform Spotlight will now have to wait weeks for a decision over a landmark case that could radically alter the landscape for how British actors obtain work. The pair spent around two and a half hours in court yesterday giving respective arguments…
Read MoreWalmart makes major update to its stores: What to know
[ad_1] Walmart is restructuring several store-support roles in its latest bid to simplify operations and improve company-wide efficiencies, according to reporting by Reuters and Bloomberg. The company made the announcement on Wednesday via a memo sent to employees, which the outlets have reviewed. Bloomberg reported that the retailer would cut hundreds of jobs as a…
Read MoreMIPCOM Partnering With YouTube On Creator Economy-Themed Confab; ‘Tattooist Of Auschwitz’ Producer Options ‘The Good Father’; Kevin Mayer Joins RTS Cambridge – Global Briefs
[ad_1] MIPCOM Partnering With YouTube On Creator Economy-Themed Confab MIPCOM Cannes is partnering with YouTube as the Google-owned platform turns 20, with the creator economy set as the theme for this year’s confab. YouTube will have its biggest presence by a distance at the French confab in October, with a branded hospitality space in the…
Read MoreOCBC to develop quantum applications with NUS, NTU and SMU
[ad_1] [SINGAPORE] OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative pricing, fraud detection and data security. The bank announced this during a media briefing on Thursday (Jul 17), where it signed 12-month long collaboration agreements with the National University of Singapore (NUS), Singapore Management University…
Read MoreBreaking Baz: ‘My Father’s Shadow’s Akinola Davies Reunites With Element’s Rachel Dargavel For New Feature ‘Delta Force Six;’ Hot Hostage Thriller Will Shoot In Nigeria’s Oil-Rich Badlands
[ad_1] EXCLUSIVE: Element Pictures’ Rachel Dargavel, producer of Akinola Davies’s My Father’s Shadow, Nigeria’s first Cannes entry, tells Deadline that she and the filmmaker are in early development for his sophomore feature, Delta Force Six, which will be filmed on locations in the vast southern region of the West African nation. The producer is eager to get…
Read MoreViaplay Buys Remaining 50% Of Satellite Firm Allente For $110M & Revises Long-Term Forecasts
[ad_1] Viaplay has splashed out SEK1.1B ($110M) on the remaining 50% of satellite firm Allente Group. Following the deal, which is subject to regulatory approval, the recently under fire Scandi major has revised full-year outlook for 2025 plus its longer-term ambitions, demonstrating confidence after two years of strife. Allente, which provides satellite TVs and services…
Read MoreSenate Votes To Cut Federal Funding To PBS, NPR And Public Stations
[ad_1] The Senate passed Donald Trump‘s set of spending cuts to rescind $1.1 billion from public media, despite warnings that the funding rollbacks will devastate the PBS, NPR and public station ecosystem. The vote early on Thursday was 51-48, with Sen. Susan Collins (R-ME) and Sen. Lisa Murkowski (R-AK) joining all Democrats and independents in…
Read MoreTaiwan’s TSMC says second quarter profit up 60%
[ad_1] The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chips Published Thu, Jul 17, 2025 · 02:22 PM — Updated Thu, Jul 17, 2025 · 04:02 PM [TAIPEI] Taiwanese chipmaking giant TSMC reported on Thursday (Jul 17) a forecast-beating 60 per cent rise in…
Read MoreTSMC profit surges again after AI drives big jump in sales
[ad_1] The company’s performance underscores resilient demand for high-end artificial intelligence chips from the likes of Nvidia and Advanced Micro Devices, which is outpacing its production capacity Published Thu, Jul 17, 2025 · 02:22 PM [TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC) reported a better-than-expected 61 per cent jump in profit for the June quarter, bolstering…
Read MoreTrek 2000 divests stake in Terrenus Energy valued at around S$8.2m
[ad_1] The shares are currently held as investment and do not generate any income or revenue for FY2024 [SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing of its 4.3 per cent stake in Terrenus Energy back to the renewable energy solutions provider, with the net proceeds to…
Read MoreTrek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
[ad_1] [SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy solutions provider, with the net proceeds to be around S$8.2 million. The group intends to use the proceeds towards the general working capital requirements, indicated…
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