Posts by Liam Redmond
Wall Street climbs as tech rebound gathers momentum
[NEW YORK] US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound from last week’s sell-off, while investors awaited key economic data later this week. The Dow Jones Industrial Average rose 0.45 per cent, the S&P 500 gained 0.58 per cent and the…
Read MoreLarry Ellison offers US$40.4 billion guarantee to beef up Paramount’s Warner Bros bid
[LOS ANGELES] Oracle co-founder Larry Ellison will provide a personal guarantee of US$40.4 billion in equity financing to back Paramount Skydance’s all-cash US$108.4 billion bid for Warner Bros Discovery, a regulatory filing showed on Monday (Dec 22). The guarantee aims to address Warner Bros board’s doubts over Paramount’s deal financing and the lack of a…
Read MoreParamount amends Warner Discovery bid with Larry Ellison personal guarantee
Paramount Skydance on Monday doubled down on its hostile bid for Warner Bros. Discovery, amending its $30-per-share all-cash offer to include a massive personal guarantee from Oracle billionaire Larry Ellison. The media company said Ellison has agreed to personally back $40.4 billion of the equity financing for the deal, a move aimed at countering Warner…
Read MoreNvidia aims to begin H200 chip shipments to China by mid-February
It will provide access to processors roughly 6 times more powerful than the H20, a downgraded chip designed for China [WASHINGTON] Nvidia has told Chinese clients it aims to start shipping its second-most powerful artificial intelligence (AI) chips to China before the Chinese New Year holiday in mid-February, said three people familiar with the matter.…
Read MoreAustralian PM Anthony Albanese apologizes to Jewish community after Bondi Beach terror attack, says he feels ‘weight of responsibility’
Embattled Australian Prime Minister Anthony Albanese apologized to the Jewish community Monday hours after he was loudly booed at a vigil for the 15 killed in the Bondi Beach terrorist attack — admitting he feels the “weight of responsibility” for the hate-filled antisemitic massacre. The embattled lefty leader — who has been widely accused of…
Read MoreRevisiting Al-Jihad fil Islam: How Maududi’s Political Theology Reframed Jihad and Its Dangerous Afterlife
The renewed debate around jihad in India has been sharpened by a recent controversial statement by Maulana Mahmood Madni, a prominent Deobandi cleric, which once again brought the theological, political, and ethical meanings of jihad into public discourse. While the statement was defended by supporters as contextual and misunderstood, it also revealed how deeply fragmented…
Read MoreCapitaLand Malaysia Trust to acquire five industrial facilities in Johor for RM220.8 million
The properties are strategically located within the Johor-Singapore Special Economic Zone to capitalise on rising demand [SINGAPORE] CapitaLand Malaysia Trust (CLMT) has entered into an agreement to acquire five high-specification industrial facilities in Johor for RM220.8 million (S$69.2 million), deepening its presence in Malaysia’s southern industrial corridor. The facilities, “strategically located” within the Johor-Singapore Special…
Read MoreNetflix refinances part of US$59 billion loan for Warner Bros bid
The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities [LOS ANGELES] Netflix has refinanced part of a US$59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery. The streaming giant secured a US$5 billion revolving credit facility and two US$10 billion delayed-draw…
Read MoreBeware this common disease that attacks from the inside — and the bad habit that worsens it
It can be a real pain in the neck. Rheumatoid arthritis, or RA, is an autoimmune disease in which the body mistakenly attacks the lining of the joints, causing painful swelling and stiffness. About 1.3 million to 1.5 million Americans live with the chronic inflammatory disease. RA not only affects the joints, but it can…
Read MoreSingapore stocks edge higher, tracking regional bourses; STI up 0.9%
[SINGAPORE] Local shares closed higher on Monday (Dec 22), tracking regional bourses. The benchmark Straits Times Index (STI) rose 0.9 per cent or 40.51 points to close at 4,610.29. Meanwhile, the iEdge Singapore Next 50 Index rose 0.7 per cent or 9.77 points to 1,444.62. Seatrium was the top blue-chip gainer, rising 2.9 per cent…
Read More‘Married to Medicine’ star Toya Bush-Harris dishes on Season 12 drama with ‘VRT’
Toya Bush-Harris stopped by the Page Six studio to chat with “Virtual Reali-Tea” co-hosts Danny Murphy and Evan Real about all the drama unfolding in Season 12 of “Married to Medicine.” Of course, we had to talk Birkins as one of her pricey purses joined us for the interview. Toya also unpacked her tense scenes…
Read MoreOprah is just the latest to pretend Jews aren’t under attack
When Jews are attacked, the world is often quick to ask why. Was it a political grievance? A local dispute? A reaction to events thousands of miles away? This reflex, to contextualize violence against Jews rather than name it for what it is, has become one of the most dangerous habits of our time. More…
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