Posts by Liam Redmond
Airbus profit drops as earnings collapse at main jet unit
The aviation sector is experiencing one of its most challenging periods as jet fuel prices surge on the conflict in Iran Published Wed, Apr 29, 2026 · 06:39 AM AIRBUS suffered a steep profit drop in the first three months of the year as aircraft deliveries slowed to the lowest since 2009, putting pressure on…
Read More‘Speed running’ Scientology: TikTok trend causes havoc, church alleges ‘hate crimes’
The Hollywood Walk of Fame is known for its colorful cast of characters. But even by those standards, the scenes of Jesus Christ and Sonic the Hedgehog racing past security guards employed by the Church of Scientology in recent days were a little bizarre. On Saturday afternoon, someone dressed as the Christian messiah was among…
Read MoreUPS posts lower Q1 profit as it scales down Amazon deliveries
The parcel giant has been shifting its focus to higher-margin shipments to support profitability and control costs Published Tue, Apr 28, 2026 · 10:49 PM [ATLANTA] United Parcel Service (UPS) posted a drop in first-quarter adjusted profit as the parcel giant has been cutting its exposure to low-margin, high-volume shipments from customers such as Amazon.…
Read MoreWorld Bank forecasts 24% surge in energy prices in 2026 due to Middle East war
Published Tue, Apr 28, 2026 · 10:32 PM [WASHINGTON] Energy prices are expected to surge by 24 per cent in 2026 to their highest level since Russia’s full-scale invasion of Ukraine four years ago, if the most acute disruptions caused by the war in the Middle East end in May, the World Bank said on…
Read MoreNasdaq opens lower as fresh concerns around AI pressure tech stocks
Published Tue, Apr 28, 2026 · 09:49 PM [NEW YORK] The Nasdaq Composite opened lower on Tuesday (Apr 28), underperforming the benchmark S&P 500 and the blue-chip Dow, as investors questioned whether the artificial intelligence boom can deliver meaningful growth for technology stocks. The Wall Street Journal reported that AI heavyweight OpenAI had missed internal…
Read MoreOil prices trim gains after UAE exits Opec, Opec+
UAE’s exit dealt a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia Published Tue, Apr 28, 2026 · 09:25 PM [LONDON] Oil prices rose more than 3 per cent on Tuesday (Apr 28) as stalled efforts to end the Iran war kept the Strait of Hormuz largely closed, constraining…
Read MoreBYD’s quarterly profit slides fastest in six years as China sales falter
Published Tue, Apr 28, 2026 · 09:20 PM [BEIJING] Chinese electric vehicle maker BYD’s quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday (Apr 28), amid sluggish sales at home. The world’s biggest electric vehicle maker by sales, known for its focus on budget models priced under 150,000…
Read MoreGM lifts profit outlook as US truck sales boost first quarter
It reported earnings before interest and taxes of US$4.3 billion, or US$3.70 per share Published Tue, Apr 28, 2026 · 09:10 PM [DETROIT] General Motors posted on Tuesday (Apr 28) a 22 per cent rise in first-quarter core profit and lifted its full-year earnings forecast, bolstered by a resilient US car market and an expected…
Read MoreGoTo posts first-ever net income after cost cuts bear fruit
Fintech growth outpaces on-demand services as high oil prices curb commuting and food delivery demand Published Tue, Apr 28, 2026 · 08:15 PM [JAKARTA] GoTo Group reported its first-ever net income, a major milestone in the Indonesian ride-hailing and food delivery company’s turnaround effort as it seeks to gain fresh momentum in its long-standing rivalry…
Read MorePing An profit falls as market decline hurts investment returns
Net income dropped to 25 billion yuan (S$4.6 billion), from 27 billion yuan a year earlier Published Tue, Apr 28, 2026 · 06:20 PM [BEIJING] Ping An Insurance (Group) said profit fell 7.4 per cent in the first quarter, as declines in China’s stock market dented investment returns. Net income dropped to 25 billion yuan…
Read MoreSingapore stocks slip as oil tops US$110; STI down 0.1%
Benchmark index is close to where it was on first trading day after Iran war began [SINGAPORE] Singapore stocks ended marginally lower on Tuesday (Apr 28), as the Middle East conflict concluded its second month and Brent crude prices climbed above the US$110-a-barrel mark. The benchmark Straits Times Index (STI) slipped 0.1 per cent or…
Read MoreTaylor Swift seeks further protections for her voice and likeness with new trademark filings
Taylor Swift is entering her trademark era. The global pop star’s company, TAS Rights Management, filed three new trademark applications last week, per the U.S. Patent & Trademark Office. Two of the applications relate to soundbites of her voice, saying the phrases “Hey, it’s Taylor Swift” and “Hey, it’s Taylor.” The other is a well-known…
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