Posts by Liam Redmond
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
OIL and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort to boost profits and refocus on oil and gas after a detour into renewables. O’Neill, who will take over in April following the abrupt departure of Murray Auchincloss, will become BP’s first…
Read MoreOCBC users hit by mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue [SINGAPORE] OCBC digital users were unable to log-in to the mobile and online banking on Thursday (Dec 18) morning. About 900 outage reports were lodged on tracking site Downdetector from around 12 pm, mostly citing mobile and online banking issues.…
Read MoreJane Fonda recalls Rob Reiner, wife Michele looking ‘healthy and happy’ the night before they were murdered
Jane Fonda recalled seeing beloved Hollywood director Rob Reiner and his wife, Michele, looking “healthy and happy” at Conan O’Brien’s Christmas party the night before they were knifed to death in their Los Angeles mansion. The “Grace and Frankie” star said she is overwhelmed with grief, sharing a photo of the “When Harry Met Sally”…
Read MoreWhy China isn’t rushing to buy Nvidia’s H200 AI chip
The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes struggle over technology, control, and the future of domestic chips, says Lianhe Zaobao correspondent Yu Zeyuan US PRESIDENT Donald Trump’s announcement on Dec 8 easing restrictions on Nvidia’s H200 chip exports to China…
Read MorePDD, owner of Temu, fires dozens of workers after fistfight with China officials
PDD Holdings fired a government relations team in Shanghai following a fistfight between employees and Chinese regulators who were performing checks at the e-commerce company, according to people familiar with the matter. The dismissal of dozens of employees comes as PDD tries to stem the fallout from the unusual physical altercation earlier this month, which…
Read MoreBears expanding stadium search past Chicago — and into Indiana
Are the Bears going to get blown out of the Windy City? It’s possible. Kevin Warren, president and CEO of the Bears, penned an open letter to the team’s fans on Wednesday, saying the franchise is going to look outside of Arlington Heights in Cook County (Illinois) to potentially build a new stadium to replace…
Read MoreChip shortage lingers as Honda to halt output in Japan, China
HONDA Motor will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip shortage. The Japanese carmaker will suspend output in Japan on Jan 5 and Jan 6, a spokesperson said Thursday, without specifying which plants will be affected. All three of the facilities in its…
Read MoreAaron Glenn needs to look in mirror before hiring Jets’ next defensive coordinator
Aaron Glenn is about to set out to find a smart defensive coach to take over his defense in 2026 after firing Steve Wilks this week. He should start by looking in the mirror. Glenn got the Jets head coaching job based partially on what he did in Detroit as the Lions defensive coordinator from…
Read MoreCoinbase announces entry into prediction markets, stocks
COINBASE Global has announced its entry into prediction markets and equities trading. The biggest crypto exchange in the US said on Wednesday it’s starting to roll out both services, which will be made available to all eligible users in the US in the coming weeks. “Coinbase is now the best place to trade every asset,…
Read MoreHanukkah a celebration of light in the midst of dark current events
City unites in love and light HANUKKAH. An eight-day celebration marking the Jewish people’s rededication of the Temple in Jerusalem after it was destroyed in 168 BC by the Syrians. Lighting the menorah or candles commemorates how back then a single day’s worth of oil fueled them for eight days. Kelly Gordon, my Irish Catholic editor, suggested…
Read MoreStoneweg Europe Stapled Trust refinances, extends 85 million euro facility agreement
[SINGAPORE] The managers of Stoneweg Europe Stapled Trust (Sert) on Thursday (Dec 18) announced that it has refinanced and extended an 85 million euro (S$128.9 million) unsecured facility. As part of its balance-sheet optimisation programme, this strengthens Sert’s debt maturity profile and liquidity position, added its managers. Sert is a stapled group comprising Stoneweg European…
Read MoreUS FTC probes Instacart’s AI pricing tool, source says; shares drop
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade Commission is probing Instacart, two sources familiar with the matter told Reuters, as the retail platform faces criticism over its artificial intelligence-driven pricing tool. Instacart shares were down about 10 per cent in after-hours…
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