Posts by Liam Redmond
From Amazon to DBS: AI is driving the thousands of pink slips being issued to staff
[SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by corporations. Among the latest major corporations to shed staff is US tech company IBM, which plans to cut thousands of jobs in the fourth quarter of this year. Year to date,…
Read MoreFrom Amazon to DBS: AI is driving thousands of job cuts worldwide
Global banks alone will cut as many as 200,000 jobs in the next three to five years [SINGAPORE] The global march of artificial intelligence (AI) continues, and in its shadow, hundreds of thousands of jobs have or will be axed by corporations. Among the latest major corporations to shed staff is US tech company IBM,…
Read MoreTrans-Cab, Geolah receive full ride-hail licences from LTA
LTA has upgraded their provisional licences for point-to-point transport services [SINGAPORE] Transport operators Trans-Cab and Geolah on Monday (Dec 22) received full ride-hail service operator licences, having held provisional licences for point-to-point transport services since 2024. The new licences will be valid for three years, compared to the one-year validity of the provisional ones, said…
Read MoreTips for wealthy property families seeking to pass ownership of empires through multiple generations
Applying lessons from Geneva’s Pictet family Source link
Read MoreShorthanded Rangers struggle mightily again in brutal loss to Predators
NASHVILLE, TN. — The odds were stacked against the Rangers going into this game. After finding out they’d be without their captain on a week-to-week basis earlier in the day, the Blueshirts lost two more forwards to illness Sunday night and were forced to deploy 11 forwards and seven defenseman in an empty-net-abetted 2-1 loss…
Read MoreOil prices gain on US interception of Venezuelan oil tanker over weekend
OIL prices climbed in early trade on Monday after the US intercepted a Venezuelan oil tanker over the weekend. Brent crude futures rose 44 cents, or 0.73 per cent, to US$60.91 per barrel by 0141 GMT, while US West Texas Intermediate (WTI) crude rose 40 cents, or 0.71 per cent, to US$56.92. The US Coast Guard is also…
Read MoreOil prices gain on US interception of oil tanker off the coast of Venezuela over weekend
OIL prices climbed in early trade on Monday after the US intercepted an oil tanker off the coast of Venezuela in international waters. Brent crude futures rose 44 cents, or 0.73 per cent, to US$60.91 per barrel by 0141 GMT, while US West Texas Intermediate (WTI) crude rose 40 cents, or 0.71 per cent, to…
Read MoreOil up on news the US intercepted an oil tanker off Venezuela
[SINGAPORE] Oil prices rose on Monday (Dec 22) after officials said the US had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply uncertainty. Brent crude futures gained 57 cents, or 0.9 per cent, to US$61.04 per barrel by 0751 GMT, while US West Texas Intermediate crude climbed 55…
Read MoreGold smashes past US$4,400, silver hits record as rate cut bets fuel rally
Bullion has surged nearly 68% this year, marking its biggest annual rise since 1979 [BENGALURU] Gold crossed the US$4,400-per-ounce level for the first time on Monday (Dec 22), propelled by expectations of US rate cuts and continued safe-haven buying, while silver followed suit, soaring to a new record high. Spot gold climbed 1.7 per cent…
Read MoreGold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
[BENGALURU] Spot gold surged to a record high of US$4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after last week’s quarter-point reduction, sustained safe-haven demand, and a softer US dollar. Gold, a traditional safe-haven asset, is up 67 per cent for the year, driven by geopolitical and trade…
Read MoreGold, silver hit record highs on Fed rate-cut bets
[BENGALURU] Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve will cut interest rates in January. Spot gold climbed 1 per cent to an all-time high at US$4,384.50 an ounce (oz) by 10.03 am. US gold futures added 0.7…
Read MoreJalen Brunson does it again with season-high 47 points as Knicks squeeze past Heat
It’s a simple formula, a winning formula: When the Knicks need a victory, they turn to Jalen Brunson. The point guard did it again Sunday night, dropping a season-high 47 points to topple the pesky Heat 132-125. It also represented Brunson’s career high at MSG, although he’s exceeded the total on the road — including…
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