Posts by Liam Redmond
Food prices rise to highest in three years on Iran war costs
Global growers are already warning of decreasing planting areas and crop yields with costs surging Published Fri, May 8, 2026 · 04:56 PM GLOBAL food prices rose to their highest in more than three years as the Iran war disrupted supply chains, raising the prospect of higher bills for shoppers. The United Nations’ index of…
Read MoreSoftBank cuts target for OpenAI margin loan by 40% to US$6 billion
Valuation concerns over the unlisted tech giant led investors to trim the US$10 billion plan Published Fri, May 8, 2026 · 04:27 PM [TOKYO] SoftBank Group has downsized plans for a US$10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors, people familiar with the matter said. In separate discussions…
Read MoreUK supermarket worker fired for tackling prolific thief hours after he performed CPR on store security guard
A British supermarket worker was fired for tackling a prolific Champagne thief on the same day he rescued the store’s security guard, who was suffering a stroke. Gary MacArthur, who worked for Sainsbury’s – one of the UK’s “Big Four” supermarket chains – in southeast London for the past 15 years, was dismissed over a…
Read MoreTrump demands Hakeem Jeffries be charged with inciting violence with ‘maximum warfare’ rhetoric
President Donald Trump accused House Minority Leader Hakeem Jeffries, D-N.Y., of inciting the most recent assassination attempt against him, further escalating his feud with the top Democrat. Trump argued in a Truth Social post on Thursday that Jeffries should be arrested after promoting “warfare” against Republicans just days before the assassination scare at the White House Correspondents’ Association Dinner…
Read MoreUS said to suspect Nvidia chips smuggled to Alibaba via Thailand
Since 2022, Washington has effectively blocked these processors from going to China over concerns that advanced AI could lend Beijing a military edge A KEY company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer servers containing advanced Nvidia chips to China, with Alibaba Group…
Read MoreAir India weighs cost cuts, flight reductions as Iran war worsens financial struggles
The Indian carrier’s losses have dragged down earnings at SIA, which holds a 25.1% stake Published Fri, May 8, 2026 · 03:23 PM [NEW DELHI] Air India is looking to implement measures to cut costs and reduce flights in the wake of the Iran war, people familiar with the matter said, just as the unprofitable…
Read More‘Star Wars’ actor Mark Hamill deletes image depicting Trump as deceased, posts new photo to ‘apologize’ after backlash
“Star Wars” actor Mark Hamill deleted a photo depicting President Trump as deceased and posted a new image to “apologize” on Thursday. Hamill faced backlash for posting on Bluesky what appeared to be Trump lying over a grave just days after an assassination attempt at the White House Correspondents’ Association Dinner with the caption “If Only.” “He…
Read MoreCommerzbank to cut 3,000 jobs in bid to hit profit targets, as it fends off UniCredit takeover
The bank upgrades a series of financial targets, foreseeing higher profit and revenues by 2028 Published Fri, May 8, 2026 · 02:21 PM [FRANKFURT] Commerzbank said on Friday (May 8) that it plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off a takeover…
Read MoreNo AI, poor returns drive Indian investors to foreign markets
Published Fri, May 8, 2026 · 02:21 PM [MUMBAI] Investors in India, long focused almost entirely on domestic markets, are increasingly starting to look outward. A growing number are moving money abroad, seeking diversification after a stretch of weaker relative returns and sustained foreign outflows from local equities that have driven the rupee to record…
Read MoreChicago street performer Andrew David robbed in broad daylight while singing by teen in viral video
Shocking viral video captured a brazen teenage thief swiping a veteran Chicago street performer’s donation box filled with cash in broad daylight on one of the city’s busiest corners. Singer Andrew David was busking Ed Sheeran’s hit “Perfect” in front of the One North State building in Chicago’s business district on Monday afternoon when the…
Read MoreCanyon fire explodes to 2,000 acres as it burns out of control in Kern County
A rapidly spreading wildfire in Kern County ballooned from 100 acres to 2,000 acres within hours Thursday as crews battled difficult terrain near Ridgecrest, according to CAL FIRE. The blaze, identified as the Canyon Fire, was first reported at 3:54 p.m. near Highway 14 and Highway 178. By 4:02 p.m., officials said the fire had…
Read MoreSony gives upbeat outlook with help from music and games empire
Published Fri, May 8, 2026 · 11:33 AM [TOKYO] Sony Group projected profit this year largely in line with expectations as it pours further investment into its growing portfolio of intellectual property rights spanning music, movies and games. For the year through March 2027, the Tokyo-based company expects an operating profit of 1.6 trillion yen…
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