Posts by Liam Redmond
Volkswagen plans to slash 50,000 jobs amid dire need to reduce costs
Published Fri, Sep 4, 2026 · 12:05 PM [LONDON] Volkswagen said on Thursday (Sep 3) that it would go forward with the most sweeping restructuring in its 89-year history, cutting about 50,000 additional jobs in the face of surging Chinese competition, high energy prices and a costly transition to electric vehicles. “This is a strong…
Read MoreRobotics startup Hivebotics raises US$6 million Series A round led by Vertex Ventures
Its robot has an articulated arm, and can clean a restroom including toilets, urinals, sinks and floors [SINGAPORE] Singapore-based robotics startup Hivebotics has raised a US$6 million Series A funding round on Friday (Sep 4). The round was led by Vertex Ventures Southeast Asia & India, with Fareast Land Development and bathroom manufacturer Rigel participating.…
Read MoreStanChart sees China-Asean growth accelerating as ‘China Plus Many’ strategy takes hold
Bank sees growing use of the renminbi for payments, financing and liquidity management as Chinese companies expand across the region [SINGAPORE] Standard Chartered (StanChart) expects growth in its China-Asean business to accelerate over the next three years, as more Chinese companies continue to deepen their presence in South-east Asia. This follows strong growth in recent…
Read MoreStanChart sees China-Asean growth accelerating as ‘China Plus N’ strategy takes hold
Bank sees growing use of the renminbi for payments, financing and liquidity management as Chinese companies expand across the region [SINGAPORE] Standard Chartered (StanChart) expects growth in its China-Asean business to accelerate over the next three years, as more Chinese companies continue to deepen their presence in South-east Asia. This follows strong growth in recent…
Read MoreFather-son duo look to take American Soccer Club, Malloy to new heights
Newly named Molloy head soccer coach John Fitzgerald grounded his son Sean in a shared love for mentoring the next generation of footballers. “I was his No. 1 fan when he was a young player. Then I was his coach, and now I’m his colleague,” John told The Post of Sean, a former player at…
Read MoreAsian stocks, currencies rise as Fed rate hike bets ease
Published Fri, Sep 4, 2026 · 09:29 AM — Updated Fri, Sep 4, 2026 · 12:47 PM ASIAN stocks and currencies rose on Friday (Sep 4) as investors pared bets on a US Federal Reserve interest rate hike in September, weakening the US dollar, as the yen strengthened. MSCI’s Asia-Pacific equities gauge climbed 0.6 per…
Read MoreMotorcyclist ‘Intentionally’ plowed into Teamsters protest crowd outside Amazon warehouse
A California motorcyclist appeared to intentionally accelerate into a crowd of protesters outside an Amazon warehouse, injuring two demonstrators and landing himself in jail, authorities said. The incident unfolded around 10:28 a.m. Wednesday, outside a distribution warehouse in the 20,000 block of Krameria Avenue in the unincorporated Riverside area, according to the Riverside County Sheriff’s…
Read MoreAddvalue secures US$5 million in new orders across space, radio units
[SINGAPORE] Addvalue Technologies on Friday (Sep 4) announced that it has secured new orders of US$5 million under its space connectivity and advanced digital radio (ADR)-related businesses, which are expected to raise its FY2027 growth. Together with the new orders, the group’s order book now stands at about US$20.2 million. The company added that it…
Read MoreStocks to watch: OCBC, NTT DC Reit, IReit Global, Frencken, Addvalue Tech
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 4): Source link
Read MoreMorgan Stanley takes aim at X accounts posting its research
Published Fri, Sep 4, 2026 · 08:29 AM [NEW YORK] Morgan Stanley complained to X about posts on the social media site using the bank’s charts and research, leading to at least one account getting temporarily locked. The bank has filed Digital Millennium Copyright Act (DMCA) complaints citing at least 16 accounts that offered screenshots…
Read MoreHow I fought ‘land acknowledgements’ on campus — and won
They broke the law, but refuse to admit it. My four-year battle with the University of Washington (UW) ended when it agreed to pay $600,000 for violating my First Amendment rights. And yet, UW still says: “We acted appropriately, and this settlement is in no way an admission of any wrongdoing.” In the last 10…
Read More