Posts by Nathan Pine
Woman recalls parents’ “weird” rules—then has realization
A millennial woman from San Diego, California, is going viral for all the “weird” things her family did growing up. Michel Janse (@michel.c.janse) rattled off a list of habits unique to her parents in a reel on Instagram. Her family, she said, had “even and odd days” for healthy and unhealthy breakfasts—cereal and sugary treats on the first, third and fifth; eggs and…
Read MoreUK unemployment at its highest since pandemic as jobs market cools
The jobless rate climbed to 5 per cent in the three months through September, up from 4.8 per cent the month before [LONDON] UK unemployment rose more than expected, further evidence of a cooling labour market that prompted several Bank of England (BOE) officials to call for an interest-rate cut last week. The jobless rate…
Read MoreWealthy Asian families face succession woes as scions have different ambitions, mindsets: report
The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution [SINGAPORE] The next generation of Asian families often have different ambitions and mindsets involving business ownership and control, making it one of the top challenges these families face in wealth succession, said a report published on Tuesday…
Read MoreBBC Director General Runners & Riders: Newsroom Experience Deemed Crucial As Biggest Job In British Broadcasting Opens Up
A BBC crisis that ranks right up there on the ‘BBC crisis’ scale has befallen the nation’s 100-year-old public broadcaster, and the corporation suddenly finds itself seeking a Director General and a head of news. Late on Sunday, shockwaves were sent through New Broadcasting House and beyond with the double resignation of Tim Davie and…
Read MoreBeta Film & Industry Execs Join Forces To Launch Artificial Intelligence Start-Up Chapter41
EXCLUSIVE: Beta Film has teamed with a trio of industry execs to launch artificial intelligence start-up Chapter41. The Munich-headquartered film and TV outfit has partnered with Hannes Jakobsen, Dominik Böhm, and Lars Stark on the new Berlin-based company. It will focus on use of AI across three areas: content generation and production, consulting, and optimizing…
Read MoreBanks and landlords are pounding on the door; can mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation [SINGAPORE] Mired in debt and facing insolvency, mm2 Asia is experiencing its annus horribilis. This year, its iconic Cathay Cinexplexes unit shuttered under millions in debt; now the entertainment group itself is facing existential threat as banks…
Read MoreSingdollar falls to its lowest against the ringgit this year; where will the Malaysian currency go next?
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar [SINGAPORE] The Malaysian ringgit is on a roll this year. It has gained about 7 per cent against the US dollar. It broke a 13-month high last week, and has outperformed all other Asian currencies this year. The currency breached the 4.16…
Read MoreSony raises profit forecast by 8%, cites lower tariff impact, anime strength
The Japanese conglomerate has become an entertainment powerhouse and is banking on the growth of anime [TOKYO] Sony raised its operating profit forecast for the year ending March 2026 by 8 per cent to 1.43 trillion yen (S$12.1 billion) on Tuesday (Nov 11), citing a smaller-than-expected impact from US tariffs and the strength of its…
Read MoreSingapore’s Pulau Bukom to house new sustainable aviation fuel plant by Aster, Aether Fuels
The move comes amid a deal spree by Aster, a joint venture between Indonesia’s Chandra Asri and commodities trader Glencore [SINGAPORE] Refining and chemicals player Aster and startup Aether Fuels will develop a sustainable aviation fuel production plant on Pulau Bukom – the first such facility in South-east Asia to convert waste industrial gases into…
Read MoreStraits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for S$40.5m
[SINGAPORE] Mainboard-listed Straits Trading announced a partnership with Cromwell Property Group on Tuesday (Nov 11) to grow its Australian industrial and logistics platform. Under the deal, Cromwell will acquire a 19.9 per cent interest in the Australian industrial portfolio of Straits Real Estate (SRE), a wholly owned subsidiary of Straits Trading, for around A$47.6 million…
Read MoreJon Stewart Rips Into Democrats For Caving On Government Shutdown: “World-Class Collapse”
Much like the slogan behind a certain brand of margarine, Jon Stewart “can’t fucking believe” the Democrats caved on the longest government shutdown in history, which officially ended earlier today with the passage of legislation to keep the machine running until January, thanks to eight Democrats who joined the ranks of their Republican colleagues. The…
Read MoreSony Pictures Q2 Profit Dips To $93M, But ‘Demon Slayer’ Looms Large As Corp Raises Overall Full-Year Forecast
Sony Pictures Entertainment generated $2.3 billion in revenues for the second quarter, off a slight 2% versus the same period last year, while profits were down 25% to $93 million and adjusted OIBDA (Operating Income Before Depreciation and Amortization) was -16% at $183 million. The year-on-year decreases in the three-month quarter which ended on September…
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