Posts by Liam Redmond
Castel Group CEO Gregory Clerc ousted as director from key Singapore holding
Chairman Pierre Baer is also removed during an extraordinary shareholders’ meeting of IBBM Published Mon, Feb 2, 2026 · 07:23 PM [SINGAPORE] Two heirs to one of Europe’s richest alcoholic-drinks families prevailed in ousting the top executive of their family’s eponymous firm, Castel Group, from the board of a key holding company. Chief executive officer…
Read MoreChina criticizes decision to award a Grammy to the Dalai Lama
Beijing on Monday criticized the Dalai Lama’s first Grammy win, describing the music industry award for an audiobook, narration and storytelling as “a tool for anti-China political manipulation.” The Tibetan Buddhist spiritual leader, who lives in exile in India, took the award on Sunday for his book, “Meditations: The Reflections of His Holiness the Dalai Lama.”…
Read MoreViral flying chair knockout at Australian bar sparked by foul-mouthed beer demand
A foul-mouthed demand for a bottle of beer can be revealed as the incident that sparked the now world-famous “flying chair” knockout. News.com.au can reveal that the man who knocked out his own mate with a hurled chair intended for a security guard was ejected from Melbourne’s Bar 20 on Friday night after telling a…
Read MoreMizuho reports 14% rise in Q3 profit, expands buyback programme
Its profit has increased to 329.9 billion yen from 289.2 billion yen in the year-ago period Published Mon, Feb 2, 2026 · 05:51 PM [TOKYO] Mizuho Financial Group said on Monday (Feb 2) its third-quarter net profit rose by 14 per cent from the year-ago period. It has also increased the size of its share…
Read MoreJulius Baer profit drops in 2025 amid write-downs, but beats expectations
It has reported a net profit of 764 million Swiss francs, with a net credit loss of 213 million francs Published Mon, Feb 2, 2026 · 05:27 PM [ZURICH] Swiss bank Julius Baer on Monday (Feb 2) reported a net profit of 764 million Swiss francs (S$1.3 billion) for 2025, which beat analyst expectations but…
Read MoreICAO Council president sanguine that aviation sector will cut carbon emissions by 5% by 2030
Toshiyuki Onuma notes that there are several possibilities to increase the production of sustainable aviation fuel [SINGAPORE] Toshiyuki Onuma, the newly elected president of the International Civil Aviation Organization (ICAO) Council, does not think the goal for international aviation to reduce carbon dioxide emissions by 5 per cent by 2030 is “unrealistic”. The official of…
Read MoreFormer ‘The Voice’ contestant dead at 26 after snake bit her while she slept
African singer Ifunanya Nwangene, who competed on “The Voice Nigeria,” died after a snake bit her while she was sleeping on Saturday. She was 26. “With painful heart, we announce the demise of Ifunanya Nwangene Nanyah,” the AMEMUSO choir announcer Sam Ezugwu announced on Facebook Sunday. Described as a “rising star,” Nwangene, known on YouTube…
Read MoreDisney is close to picking parks chief D’Amaro as next CEO
He is now leading a US$60 billion investment in expanding the company’s resorts and nearly doubling its fleet of cruise ships Published Mon, Feb 2, 2026 · 04:39 PM [LOS ANGELES] The board of Walt Disney is aligning on promoting theme-park division chairman Josh D’Amaro to the role of chief executive officer, and it will…
Read MoreSingapore Airlines launching direct flights to Riyadh from June
This will be the group’s second destination in Saudi Arabia, complementing Scoot flights to Jeddah [SINGAPORE] Singapore Airlines (SIA) will commence non-stop flights between Singapore and Riyadh, Saudi Arabia, from June 2026 to March 2027. The capital city, which is also the administrative and financial centre of Saudi Arabia, will be SIA Group’s second destination…
Read MoreBYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown Published Mon, Feb 2, 2026 · 04:19 PM [HONG KONG] Shares of BYD sank to their lowest level in at least a year on Monday (Feb 2), leading a broader sell-off in Chinese automaker stocks after they reported weaker sales in January…
Read MoreIndia considering 49% foreign ownership in state-run banks
Published Mon, Feb 2, 2026 · 04:16 PM INDIA is considering allowing foreigners to own as much as 49 per cent stake in its state-run banks as policymakers look to bolster capital at these lenders to fund growth, without entirely giving up control. The government is discussing raising the foreign direct investment cap to 49…
Read MoreCostco’s surprise Nike collaboration sends sneaker resale market into complete frenzy
Costco quietly dropped a new, exclusive Nike collaboration sneaker on Friday in a surprising move that sent both customers and the resale market into a frenzy. The Nike SB Dunk Low x Kirkland Signature Exclusive was released in select locations, Nike told FOX Business on Sunday. According to Women’s Wear Daily, the item was dropped in…
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