Posts by Nathan Pine
Rio Tinto outlines plan to cut costs, raise productivity at strategy day
[MELBOURNE] Rio Tinto CEO Simon Trott outlined a plan to focus on cost cuts and productivity gains at his first strategy day on Thursday (Dec 4) as he undertakes a divestment plan to simplify the structure of the world’s largest iron ore miner. Measures that Rio would take include a 4 per cent cut in…
Read MoreData centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore benefits
[SINGAPORE] Data centres are expensive – to construct and to operate, as they are also power-guzzling. Amid the AI boom, as demand from hyperscalers for computing power drive up the need for data centre capacity, those costs will stack up even more. Global data centre capital expenditure (capex) hit US$455 billion in 2024, according to…
Read MoreTrump wants Asia’s ‘cute’ Kei cars to be made and sold in US
The ultra-compact cars are tailored to narrow roads with an affordable price tag to match their size [TOKYO] US President Donald Trump, apparently enamoured by the pint-sized Kei cars he saw during his recent trip to Japan, has paved the way for them to be made and sold in the US, despite concerns that they…
Read MoreAmerican Society Of Cinematographers Will Honor Robert Yeoman With Lifetime Achievement Award At 40th Annual Gala
Marking the milestone 40th anniversary of its Outstanding Achievement in Cinematography Gala, the ASC is honoring longtime Wes Anderson collaborator, Robert Yeoman. On Wednesday, the American Society of Cinematographers (ASC) announced Yeoman will receive the Lifetime Achievement Award, recognizing his enduring impact and visionary contributions, during the event on March 8, 2026 at the Beverly…
Read MoreJon M. Chu Signs First Look Deal With Paramount
Jon M. Chu has signed a first-look three-year producing deal with Paramount to develop and produce feature film and television projects for the studio. The deal goes into effect January 2nd, 2026. Under the deal, Chu and his production company will be based on the Paramount lot and work closely with Paramount Pictures Co-Chairs Dana…
Read MoreAsian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks [HONG KONG] Asian markets struggled to maintain their early momentum on Thursday (Dec 4), even after the latest batch of US data reinforced expectations that the US Federal Reserve will cut interest rates for a third successive time…
Read MoreMartha Stewart Reveals Surprising Name Her 2 Grandkids Call Her
Martha Stewart Shares Honest Thoughts on Meghan Markle & Gwyneth Paltrow Becoming Lifestyle Experts Martha Stewart doesn’t knead a fancy title. So much so, the cookbook author’s grandkids Jude Stewart, 14, and Truman Stewart, 13, simply call her by her first name. “They’ve called me Martha since the day they were born,” the 84-year-old shared…
Read MoreDonald Trump Pardons Entertainment Executive Tim Leiweke Just 5 Months After POTUS’ DOJ Charged Him In Bid-Rigging Scheme
Donald Trump granted Tim Leiweke a pardon, just five months after the administration’s Justice Department charged the live entertainment executive in a scheme to rig the bidding process for a public arena in Texas. The pardon was signed by the president on Tuesday. In July, Leiweke, a longtime executive in live sports and entertainment who…
Read MoreEveryone Is Getting Perioral Dermatitis—A Dermatologist Explains What It Is and How to Treat It
What Is Perioral Dermatitis, and Why Does It Happen? “Perioral dermatitis is a common inflammatory skin condition that typically appears as small red bumps or patches around the mouth, nose, or eyes. It often looks like acne or a rash, but the causes are different,” Dr. Foad explained. What Triggers Perioral Dermatitis? “While the exact…
Read More‘My Father’s Shadow’ Trailer: Akinola Davies Jr.’s Personal Debut Sets Fatherhood Story In 1993 Nigerian Unrest
Following its Cannes premiere earlier this year, My Father’s Shadow has released the first trailer of its semi-autobiographical tale. Premiering Feb. 6 in theaters, via Mubi, the Akinola Davies Jr.-helmed film stars Sope Disiru as a Nigerian father trying to protect and bond with his two estranged sons (Chibuike Marvellous Egbo and Godwin Egbo) during…
Read MoreSarah Paulson Shares Bittersweet Texts She Got From Diane Keaton Before Her Death
Mary Steenburgen, Jane Fonda & Candice Bergen Diane’s Book Club costars each shared individual tributes for the late actress. The Elf actress emphasized that her late friend was “magic.” “There was no one, nor will there ever be, anyone like her,” she wrote in a statement. “I loved her and felt blessed to be her…
Read MoreShip rates spiking 467% marks upended trade across commodities
Freight rates have eased slightly from a peak at the end of November, but elevated costs are reverberating across the shipping market [HONG KONG] Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling output upend global supply lines. Daily…
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