Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil’s corruption probe

Keppel to start arbitration against Seatrium for S.4 million related to Brazil’s corruption probe

[SINGAPORE] Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related to Brazil’s corruption crackdown, Operation Car Wash. In 2022, Seatrium had made provisions of S$82.4 million to indemnify Keppel against claims related to Operation Car Wash. That year, Keppel Offshore and Marine merged with Seatrium, formerly known as Sembcorp…

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Book-To-Movie Adaptations Coming Out In 2025

Book-To-Movie Adaptations Coming Out In 2025

As 2025 kicks off, several book to movie adaptations can be expected to move forward to completion, some with release dates already slated for the quarter century marker. Mickey17, directed by Bong Joon Ho, arrived in theaters in early March. Netflix released it’s big-budget sci-fi film The Electric State, which is based on a graphic…

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Stocks to watch: Frasers Property, Frasers Centrepoint Trust, Thomson Medical, Marco Polo Marine

Stocks to watch: Frasers Property, Frasers Centrepoint Trust, Thomson Medical, Marco Polo Marine

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 26): Frasers Property, Frasers Centrepoint Trust (FCT): Frasers Property on Monday said it is buying 10 strata lots in Yishun 10 mall beside Northpoint City for S$34.5 million. The seller is Frasers Centrepoint Trust. Upon completion, Frasers Property will…

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Elon Musk Sues Apple And OpenAI For Alleged Monopoly Behavior

Elon Musk Sues Apple And OpenAI For Alleged Monopoly Behavior

Elon Musk has sued Apple and Open AI for allegedly “joining forces to ensure their continued dominance” and thwarting competitors like Musk’s xAI. The suit, filed in U.S. District Court for the Northern District of Texas, maintains that the tech firms have seized unfair advantage “in a world rapidly driven by the most powerful technology…

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‘Speak.’ Trailer: In Expected Oscar-Contending Documentary, Talented Teens Compete In “Super Bowl Of Public Speaking”

‘Speak.’ Trailer: In Expected Oscar-Contending Documentary, Talented Teens Compete In “Super Bowl Of Public Speaking”

EXCLUSIVE: A thousand words. That’s roughly the verbal real estate available to the high schoolers who compete for the crown each year at the National Speech and Debate Association Championships (NSDA) in the category of Original Oratory. Such future luminaries as Oprah Winfrey, Brad Pitt, Josh Gad, and U.S. Supreme Court Justice Ketanji Brown Jackson…

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