Posts by Liam Redmond
Florida to rename Palm Beach airport after Trump
Published Tue, Mar 31, 2026 · 07:01 AM FLORIDA Governor Ron DeSantis signed legislation on Monday to rename the Palm Beach International Airport after Donald Trump, the latest in a series of buildings, institutions, government programmes, warships and money to bear the US president’s name. The decision to rename the airport after Trump follows Florida’s…
Read MoreAsean airports, airlines face capacity test as Gulf conflict diverts passenger traffic
Changi and Suvarnabhumi absorb Europe-Asia passenger overflow, straining resources amid jet shortages [SINGAPORE] The closure of Middle East airports – key transit points between Asia and Europe – due to the ongoing Gulf conflict has diverted travellers to South-east Asian aviation hubs such as Singapore and Bangkok. While this shift has benefited European and Asean…
Read MoreUnilever imposes global hiring freeze, citing Middle East war effects, memo says
The freeze comes on top of an existing cost-cutting programme it has had in place since 2024 Published Tue, Mar 31, 2026 · 06:09 AM [LONDON] Dove soap maker Unilever has implemented a global hiring freeze “at all levels” that will last at least three months, citing the effects of the widening conflict in the…
Read MoreAir Canada CEO Michael Rousseau to quit after furor about crash condolence video
Published Mon, Mar 30, 2026 · 10:25 PM [MONTREAL] Air Canada chief executive officer Michael Rousseau announced he is leaving after creating a public relations fiasco with an English-language video about the deadly runway collision at LaGuardia Airport in New York. Rousseau, 68, will retire by the end of the third quarter, Air Canada said…
Read MoreWall Street opens higher after selloff, Middle East in focus
Published Mon, Mar 30, 2026 · 09:42 PM [NEW YORK] Wall Street’s main indexes opened higher on Monday (Mar 30) after logging declines in the previous session, following President Donald Trump’s comments on the US and Iran talks even as the Middle East conflict widened. The Dow Jones Industrial Average rose 116.4 points, or 0.26…
Read MoreEvents manager Kin Productions lodges preliminary prospectus for Catalist IPO
[SINGAPORE] Sports events manager Kin Productions on Monday (Mar 30) lodged its preliminary prospectus for a listing on the Catalist board of the Singapore Exchange (SGX). The Singapore-based company – which counts the World Aquatics Championship, FIDE World Chess Championship Singapore 2024 and Singapore 2024 World Taekwondo Virtual Championship as projects under its belt –…
Read MoreNvidia’s price-to-earnings ratio sinks to 7-year low as war and AI angst weigh
This suggests that its shares are a bargain, but is tied to uncertainty that has shaken investors’ confidence Published Mon, Mar 30, 2026 · 08:11 PM [SAN FRANCISCO] As global stock markets tumble over deepening worries about war in the Middle East, Nvidia finds itself trading at its cheapest price-to-earnings multiple since before ChatGPT kicked…
Read MoreCotton On Asia to close; liquidators appointed
Published Mon, Mar 30, 2026 · 07:37 PM [SINGAPORE] Cotton On Asia is set to close, according to a notice published in the Government Gazette on Monday (Mar 30). In the notice, it stated that at a extraordinary general meeting held via a video teleconference call on Mar 25, liquidators from PwC Singapore were appointed…
Read MoreSingapore stocks close flat amid escalating Middle East tensions
[SINGAPORE] Singapore stocks ended flat on Monday (Mar 30) as tensions in the Middle East rose. The Straits Times Index (STI) was flattish, closing 0.02 per cent or 0.92 point lower at 4,897.26. Sembcorp Industries led the gainers on Singapore’s blue-chip index, rising 2.8 per cent or S$0.18 to end at S$6.68. The worst performer…
Read MoreIndia’s luxury promise hits a wall: not enough malls to shop in
The country now ranks fourth globally in the number of individuals with wealth above US$100 million [MUMBAI/PARIS] In India’s rapidly growing economy, millions of newly affluent consumers are fuelling demand for bags and accessories from the likes of Louis Vuitton, Chanel and Dior. But getting to a store can be a problem – there are…
Read MoreApple at 50: How a garage startup became a $3.5-trillion titan
Fifty years ago, Steve Wozniak knew he built a great personal computer, but the young engineer couldn’t convince his employer, Hewlett-Packard, to buy into the big idea. “Five times they turned me down for the personal computer. I wanted Hewlett-Packard to do it. I loved my company, but now Steve Jobs and I had to…
Read MoreNike’s China stumble exposes execution gaps
Insiders say top-down decision-making limits responsiveness to local market needs Published Mon, Mar 30, 2026 · 05:41 PM [SHANGHAI] Nike’s troubles in China are being laid bare as operational missteps collide with fierce domestic competition and a cooling consumer, revealing execution flaws at the US sportswear giant beyond just a backlash against foreign brands. Greater…
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