Posts by Liam Redmond
Telefonica to cut 5,000 jobs to slash costs, union says
The cuts, affecting about a fifth of the carrier’s Spanish workforce, will apply to three Telefónica units [MADRID] Spain’s largest telecommunications operator Telefonica aims to cut at least 5,040 jobs as part of a sweeping plan to slash costs, the top union representing its workers said. The cuts, affecting about a fifth of the carrier’s…
Read MoreUS: Wall Street opens higher on Fed interest rate-cut expectations
[NEW YORK] Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in December, while investors were also combing for fresh data to gauge the central bank’s next move. The Dow Jones Industrial Average rose 106.5 points, or 0.23 per cent, at the open…
Read MoreTrump hints ‘something good may just be happening’ in Ukraine peace talks
President Trump has come out with an enigmatic Truth Social post this a.m. about the progress of negotiations aimed at halting fighting between Russia and Ukraine. “Is it really possible that big progress is being made in Peace Talks between Russia and Ukraine???” the commander-in-chief wrote. President Trump with Ukrainian President Zelensky at the White…
Read MoreThe Giants can compete with anyone, but winning has been a different story
The Giants were on a roll early in the fourth quarter. They pulled off an epic trick play, during which Gunner Olszewski threw a pass to quarterback Jameis Winston, who broke a tackle from Lions linebacker Derrick Barnes to power his way into the end zone for a 33-yard touchdown. The Giants were sitting pretty —…
Read MoreSaudi Aramco weighs raising billions of dollars from its biggest disposals yet
[RIYADH] Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals that could rank as its most significant disposals ever. The firm is weighing the sale of a stake in its oil export and storage terminals as part of the plans, the…
Read MoreExclusive | Alec Baldwin backs Starbucks staff with new documentary, despite past run-in with espresso slinger
Coffee’s for closers! Alec Baldwin — the actor who uttered perhaps the most iconic movie line ever about java, and also once publicly railed against a Starbucks worker as an “Uptight Queen barrista [sic]” with an “attitude problem” — is now a contributing producer on a film backing the coffee chain’s workers. Baldwin appeared last…
Read MoreChina’s Unipec agrees to jet fuel term supply deal with Lufthansa
[SINGAPORE] China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of jet fuel to Lufthansa annually, Sinopec said on Monday (Nov 24). The supplies will feed Lufthansa’s supply chains at airports in Belgium and Germany, Sinopec said in its inhouse newspaper.…
Read MoreJTC, NUS to explore setting up new facility on Jurong Island to test green data centre innovations
Separately, refiner Aster will invest US$150 million in a new gas turbine, and inks deal to produce low-carbon hydrogen [SINGAPORE] Industrial landlord JTC and the National University of Singapore (NUS) will look into setting up a facility on Jurong Island to test green innovations for tropical data centres – which are designed to operate in…
Read MoreGold Bar Bob Menendez acted against Americans to help cover up Khashoggi’s murder
Until now, the story of Washington Post journalist Jamal Khashoggi’s murder was simple: Crown Prince Mohammed bin Salman was solely responsible for the October 2018 killing and dismemberment in the Saudi consulate in Istanbul. But the true story is far more complicated. It involves the machinations of a corrupt senator who received a cache of…
Read MoreJessica Alba stuns in patterned bikini while reminiscing about her time in ‘beautiful’ Australia
Jessica Alba shared bikini photos on her Instagram page while reminiscing about her time in Australia. The actress wore a brown and white patterned string bikini in the images, paired with vintage-inspired sunglasses. The mom of three lounged in the sand for one selfie, and another posing with pals while standing in the ocean. Alba captioned the…
Read MoreRupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when the central bank appeared to ease up on the firm defence it had maintained in recent weeks. The rupee gained as much as 0.4 per cent to 89.08 per US dollar on…
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