Posts by Liam Redmond
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
The group says it is currently ‘unable to definitively ascertain the financial impact, if any’ [SINGAPORE] Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium , and Norwegian energy services firm Aibel have filed arbitration proceeds in relation to a consortium formed for a converter platform project. The parties are disputing the distribution of revenue…
Read MoreTime for LA City Council to finish the job on permit fees
It’s not final, and it shouldn’t have taken this long, but the decision Tuesday by the LA City Council’s Budget and Finance Committee to advance a proposal to waive all permit fees for victims of the Palisades Fire was the correct choice. Now the full council has a chance to do the right thing at…
Read MoreUS House panel advances bill to give Congress authority over AI chip exports
Published Thu, Jan 22, 2026 · 07:25 AM [NEW YORK] The US House of Representatives Foreign Affairs Committee on Wednesday overwhelmingly advanced a bill that would give Congress power over artificial intelligence chip exports, despite pushback from White House AI czar David Sacks and a social media campaign against the legislation. Representative Brian Mast of…
Read MoreRich Paul downplays bombshell Jeanie Buss, LeBron James report: ‘Who gives a s—t’
Rich Paul said Wednesday he’s unbothered by the new claims that Jeanie Buss is no longer a fan of his biggest client, LeBron James. On his “Game Over With Max Kellerman and Rich Paul” podcast, James’ agent downplayed the ESPN report that Buss, the 64-year-old Lakers longtime owner, has soured on James and his “outsized…
Read MoreThe SGX-NYSE tie-up didn’t take off, but conditions today may spell success for SGX-Nasdaq dual listing
Rising interest rates and post-pandemic situation weighed on market in 2022, but that has changed [SINGAPORE] There has been much buzz regarding the Singapore Exchange’s (SGX) move to roll out a new dual-listing bridge with Nasdaq. Are there lessons from a similar tie-up with the New York Stock Exchange (NYSE) announced years back, which failed…
Read MoreTrump says he may be down to one candidate to head the Fed
Published Thu, Jan 22, 2026 · 06:35 AM [DAVOS, Switzerland] US President Donald Trump on Wednesday indicated he was close to choosing the new chair of the Federal Reserve, adding he liked the idea of keeping White House economic adviser Kevin Hassett in his current post. “We’re down to three, but we’re down to two.…
Read MoreBeloved California-born java chain Peet’s Coffee set to shutter multiple locations amid $18 billion takeover
A more than three-decade-old outpost of California java chain Peet’s Coffee is expected to close as the company an $18 billion takeover of the beloved brand. The shop in San Francisco’s Pork Gulch neighborhood will close permanently by the end of the month, along with more locations of the Berkeley-born brand to follow, a Peet’s…
Read MoreOil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
Published Thu, Jan 22, 2026 · 06:01 AM [HOUSTON] Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in Kazakhstan and as low volume of Venezuelan oil exports highlighted slow progress in reversing output cuts in the South American country. Brent futures settled up 32…
Read MoreUS stocks: Wall Street ends higher on Greenland framework deal
Published Thu, Jan 22, 2026 · 05:47 AM ALL three Wall Street benchmarks closed higher on Wednesday, buoyed by the news that a framework for an agreement on Greenland had been reached, averting the possibility of new US tariffs on European allies. “We have formed the framework of a future deal with respect to Greenland…
Read MoreWhat is ‘bigorexia’? Inside the gym goal that’s taking over young men’s lives
It’s a growing problem that’s long been overlooked. For decades, body image issues have been pegged as primarily a female struggle, with one study finding that 53% of American girls are “unhappy with their bodies” by age 13. Now, experts say the epidemic is increasingly reaching boys and young men — and while their female…
Read MoreThe Beckhams’ and Peltzes’ net worths: How the feuding families’ wealth stacks up
Brooklyn Beckham married into Nicola Peltz’s billionaire family — but the aspiring chef comes from his own nepo-baby background thanks to his famous parents, David and Victoria Beckham. Nicola’s dad, Nelson Peltz, earned his fortune as an investor, while his wife, Claudia Heffner Peltz, made a living as a model before they married. Brooklyn’s dad…
Read MoreRob Hirst: Legendary Drummer of Midnight Oil Dies Aged 70 After Long Fight with Pancreatic Cancer
The global music world is mourning the loss of legendary Midnight Oil drummer, Rob Hirst, who has died at 70 after a nearly three-year fight with pancreatic cancer. Hirst is survived by his wife, Lesley Holland, and their three daughters — Gabriella, Lex, and Jay. Tributes have been pouring in since the time news of…
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