Posts by Liam Redmond
Mayor Mamdani just joined the nurses’ picket line against HIMSELF
In joining striking private-hospital nurses on the picket line Monday, Mayor Zohran Mamdani forgot that he’s the city’s chief executive — and so part of the management the union is fighting. The city’s public hospitals, under NYC H+H , have already committed to matching the private-sector nurse contracts: The union opted not to strike against…
Read MoreUS Fed’s Williams says monetary policy well positioned amid a favourable outlook
He said that it’s critical for the Fed to get inflation back to its 2 per cent target [NEW YORK] Federal Reserve Bank of New York President John Williams said on Monday he expects a healthy economy in 2026 and indicated he sees no near-term reason to cut interest rates. The interest-rate-setting Federal Open Market…
Read MoreBHP is stuck on the sidelines of copper M&A frenzy it started
The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal [LONDON] BHP Group’s bold bid to buy rival Anglo American in 2024 was supposed to set it up as the clear winner in a copper boom it had long predicted. Two years later, the copper market…
Read MoreStocks to watch: Thomson Medical, Vin’s Holdings, Alpha Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jan 13): Thomson Medical : The mainboard-listed group on Monday announced that it has appointed Tong Kooi Ong, 66, as its independent, non-executive chairman to the board, effective Feb 1 this year. Tong succeeds Ng Ser Miang, 76, who…
Read MoreSilver’s one-year 180% bull run: What to know about investing in it versus gold
The use of digital silver accounts to manage silver investments has gained traction recently [SINGAPORE] Silver’s streak continues into the new year, after a strong rally in 2025 – with its spot price reaching an all-time high of US$84.60 per troy ounce on Monday (Jan 12). The white metal has been outperforming several other precious…
Read MoreApple, Google strike Gemini deal for revamped Siri in major win for Alphabet
The iPhone maker has faced a series of setbacks on the AI front after being late to the race [BENGALURU] Apple will use Google’s Gemini models for its revamped Siri coming later this year under a multi-year deal that deepens the tech giants’ alliance in the artificial intelligence (AI) era and bolsters Alphabet’s position in…
Read MoreMets had positive Kyle Tucker meeting as competition for outfielder heats up
The Mets interest in Kyle Tucker is serious enough to have warranted a meeting. David Stearns and crew met recently over Zoom with baseball’s top free agent, sources confirmed, demonstrating at least a possibility that this winter in Queens can be remembered for additions as much as subtractions. Former Mets GM and current SiriusXM voice…
Read MoreAlphabet hits US$4 trillion valuation as AI refocus lifts sentiment
The Google parent is the fourth company to hit the US$4 trillion milestone after Nvidia, Microsoft and Apple [BENGALURU] Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI) focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes…
Read MoreMeta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand [BENGALURU] Meta has announced its “Meta Compute” initiative to build artificial intelligence (AI) infrastructure and oversee the social media company’s global fleet of data centres and supplier partnerships in its pursuit of superintelligence. CEO Mark Zuckerberg…
Read MoreGlen Powell and Michelle Randolph’s romance heats up with Golden Globes afterparty date night
Glen Powell and Michelle Randolph’s whirlwind romance is heating up. The actor and the “Landman” star were all smiles while stepping out to a Golden Globes afterparty on Sunday night. They walked side by side, but shied away from showing any signs of PDA. Glen Powell and Michelle Randolph attended a Golden Globes afterparty in…
Read MoreAirbus keeps No.1 planemaker spot but raises new concern on engine supplies
[PARIS] Airbus deliveries rose 4 per cent last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent industrial snags and a new question mark over engine supplies. Airbus warned of a “continued complex and dynamic operating environment” as it posted deliveries edging past its…
Read MoreCiti to cut about 1,000 jobs this week
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve returns at the Wall Street bank. The company, which had 227,000 employees at the end of September, is culling its ranks as part of a plan announced two years…
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