Posts by Liam Redmond
KKR bets US$1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus
Since 2018, the private equity firm and Altavair have acquired 188 aircraft and engine assets Published Thu, Jun 18, 2026 · 10:20 AM [NEW YORK] Private equity firm KKR on Wednesday (Jun 17) disclosed a US$1.4 billion fresh bet on aircraft leasing with partner Altavair, as persistent supply shortfalls at Airbus and Boeing keep plane…
Read MoreKKR bets US$1.4 billion on aircraft leasing as Boeing and Airbus supply shortages boost demand
Since 2018, the private equity firm and Altavair have acquired 188 aircraft and engine assets Published Thu, Jun 18, 2026 · 10:20 AM [NEW YORK] Private equity firm KKR on Wednesday (Jun 17) disclosed a US$1.4 billion fresh bet on aircraft leasing with partner Altavair, as persistent supply shortfalls at Airbus and Boeing keep plane…
Read MoreAustralia probes private credit lenders, warns on valuations
The real estate sector is a major borrower in the roughly A$200 billion industry in the country Published Thu, Jun 18, 2026 · 09:50 AM [SYDNEY] Australia’s corporate watchdog is investigating a number of private credit funds and warning industry managers to make sure that asset valuations are “grounded in realistic assumptions” before an end-of-month…
Read MoreNatasha Cloud isn’t dwelling on incomplete Liberty story
CHICAGO — Natasha Cloud on Wednesday set her feet and put up a 3-pointer. She repeated the motion again and again like clockwork. She warmed up on one side of the Wintrust Arena court while her former team, the New York Liberty, prepared for Wednesday night’s game on the other side. Cloud has moved on…
Read MoreAI will lead to labour shortages, Amazon founder Bezos says
The comments come when global companies cut thousands of jobs after investing heavily in AI Published Thu, Jun 18, 2026 · 09:18 AM [PARIS] Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech technology conference in Paris on Wednesday…
Read MoreElon Musk’s next move may be a megamerger of SpaceX and Tesla
Some shareholders might object, but there is little they could do, legal experts say [NEW YORK] SpaceX held the biggest initial public offering of all time, but Wall Street may be expecting something even bigger from Elon Musk, the rocket company’s CEO. Many of his fans and investors expect him to merge SpaceX with Tesla,…
Read MoreShakira sparks dating speculation with ‘Lincoln Lawyer’ star Manuel Garcia-Rulfo
Her hips don’t lie. Shakira sparked dating rumors with Manuel Garcia-Rulfo after they were seen leaving a hotel together in Los Angeles. On Monday, the “Whenever, Wherever” singer and the “Lincoln Lawyer” actor were seen waiting at a valet stand outside the Sunset Tower Hotel in West Hollywood, according to photos obtained by Page Six.…
Read MoreOnitsuka Tiger pivots from Asics stripes to tap luxury market
Published Thu, Jun 18, 2026 · 08:07 AM [TOKYO] Onitsuka Tiger is looking at life beyond its famous stripes as the footwear brand prepares to transform into a luxury lifestyle label distinct from Asics. The 77-year-old sneaker maker is set to be spun off from parent Asics on Jan 1 to capitalise on a resurgence…
Read MoreMicrosoft makes big AI inroads in China by selling OpenAI models
The company operates multiple data centre regions in the country, near Beijing and Shanghai Published Thu, Jun 18, 2026 · 07:33 AM [SAN FRANCISCO/HONG KONG] Microsoft has built a big business selling AI models to Chinese companies despite the growing rivalry between the US and China over artificial intelligence. Social media and AI giant ByteDance…
Read MoreFire erupts at LA warehouse as crews fight rooftop flames —shelter-in-place ordered
A dramatic fire involving solar panels erupted at a cold-storage facility in Los Angeles, sending a massive black column of smoke into the air on Wednesday afternoon. The inferno was reported a bit after 2:30 p.m. in the Boyle Heights area in the 1400 block of South Los Palos Street. A firefighter battles a massive…
Read MoreAs Singapore’s construction sector goes green, portable ‘power banks’ are leading the charge
Clean-energy firm GoRental’s battery systems offer a cheaper, quieter alternative to diesel-powered generators [SINGAPORE] Electrification is greening more than just vehicles. The construction sector, too, is increasingly adopting clean energy as it seeks to reduce its impact on the environment while dealing with rising diesel prices. Construction is among the most pollutive sectors globally, accounting…
Read MoreGold falls as hawkish US Fed stokes 2026 interest-rate hike wagers
Higher rates are typically negative for the precious metal as it pays no interest Published Thu, Jun 18, 2026 · 06:57 AM [NEW YORK] Gold fell after US Federal Reserve officials left interest rates unchanged while signalling the possibility of higher rates later this year as the central bank gauges the inflation effects of the…
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