Posts by Liam Redmond
Warner Bros rejects revised Paramount bid, sticks with Netflix
The offer hinges on ‘extraordinary amount of debt financing’ that heightens risk of closing, the board tells shareholders [LOS ANGELES] Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised US$108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject. In a…
Read MoreBest of the Babylon Bee: Trump to choose next Venezuelan prez in inaugural season of ‘El Aprendiz’
Every week, The Post will bring you our picks of the best one-liners and stories from satirical site the Babylon Bee to take the edge off Hump Day. Want more of a chuckle? Be sure to click the links. Babylon Bee “It’s going to be a tremendous show, probably the best show ever put on television,”…
Read MoreThe Palisades are still a wasteland wrapped in red tape — a year after Los Angeles promised to help rebuild
LOS ANGELES — Pacific Palisades — once one of the most sought-after neighborhoods in Los Angeles, home to celebs like Tom Hanks and Ben Affleck — still looks like a war-zone a year after wildfires leveled much of it. Only a handful of the nearly 7,000 destroyed homes have been rebuilt, and outraged residents say…
Read MoreContributor: Tech can avert catastrophic fires. What’s missing is coordination
A year ago Los Angeles woke up to a red sky. Schools closed, and families packed into cars not knowing when or if they would return. In the end many couldn’t. The series of destructive fires that lasted throughout January also hurt those whose homes did not burn down — they displaced communities, strained public…
Read MoreSouth Korean leader says he asked China’s Xi to act as mediator on North Korea issues
South Korean President Lee Jae Myung said Wednesday he asked Chinese President Xi Jinping to serve as a mediator to help resolve the North Korean nuclear crisis and ease animosities between the two Koreas. He said he made the request when the two leaders met for a summit earlier this week. Speaking with reporters traveling with him on the Shanghai…
Read MoreSingapore stocks track Wall Street gains; STI up 0.2%
[SINGAPORE] Singapore shares ended higher on Wednesday (Jan 7), tracking Wall Street gains. The benchmark Straits Times Index (STI) rose 0.2 per cent or 7.65 points to 4,747.62. Meanwhile, the iEdge Singapore Next 50 Index remained flat at 1,461.63. Across the broader market, gainers outnumbered losers 307 to 266, after 1.9 billion securities worth S$1.8…
Read MoreCathay United Bank grants Marco Polo Marine unit long-tenor facility for NT$4.7 billion research vessel project
The group previously said it would finance the project through internal cashflows and not require any project-specific debt [SINGAPORE] Marco Polo Shipyard, a wholly owned subsidiary of integrated marine logistics firm Marco Polo Marine , has obtained a long-tenor guarantee facility of up to six years for its construction of an advanced research vessel. The…
Read Moremm2 Asia unit receives S$200,000 payment demand from creditor
This is the third demand for payment that mm2 Asia’s subsidiaries have received in two weeks [SINGAPORE] A unit of the embattled entertainment group mm2 Asia has received a payment demand for S$200,000, the company said in a regulatory filing on Wednesday (Jan 7). It said that mm2 Entertainment (mm2E), a subsidiary of mm2 Asia,…
Read MoreXiaomi begins pre-orders for spruced up version of SU7 sedan
The announcement comes as it faces increased public criticism over safety standards, following a number of accidents [BEIJING] China’s Xiaomi began taking pre-orders on Wednesday (Jan 7) for an upgraded version of its SU7 model, aiming to boost the popularity of the company’s best-selling electric sedan in the highly competitive Chinese market. Xiaomi’s announcement comes…
Read MoreChina’s PBOC adds gold for 14th month as prices hit record
Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month [BEIJING] China’s central bank extended its gold-buying streak to 14 months, underscoring sustained official demand for bullion as prices surge to record. Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month, according to data…
Read MoreGoldman Sachs tops global M&A rankings with US$1.48 trillion in deals
The bank ranked No 1 in M&A fee revenue and overall value of the deals it worked on [NEW YORK] Goldman Sachs once again dominated the league tables for global dealmaking in 2025, taking market share and the top spot in a year marked by high-stakes political drama and increasingly bigger mergers. The rise of…
Read MoreDear Abby: My relationship with my boyfriend of 18 years is crumbling
DEAR ABBY: My boyfriend and I have been together for 18 years. Everyone we know thinks we are married, but we never got it on paper. He has always been less empathetic than I would like, and there’s a lot of stuff I either had to accept or move on. He never buys me gifts…
Read More