Posts by Liam Redmond
Australia taxi fraud cases driven by cabbies, not the company: ComfortDelGro
TAXI fraud cases in Australia reported earlier this month were the work of cab drivers and not its subsidiary taxi company A2B, said ComfortDelGro Group chief executive officer Cheng Siak Kian on Thursday (Feb 27). Cheng, who was speaking to the media at a financial results briefing for ComfortDelGro (CDG), said that the fraud was…
Read MoreSherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser
THE “primary reason” for the ongoing dispute at City Developments Ltd is “a very serious issue of corporate governance” involving Dr Catherine Wu, Kwek Leng Beng’s adviser, group chief executive Sherman Kwek said in a statement on Thursday (Feb 27) evening. He cited Dr Wu as holding an official position as adviser to the board…
Read MoreGene Hackman, wife Betsy Arakawa’s deaths under investigation after couple found dead in New Mexico home: police
An investigation has been launched into the deaths of Gene Hackman and his wife, Betsy Arakawa. The couple and their dog were found dead inside their Santa Fe, Mexico home by Santa Fe County police on Wednesday afternoon. The Santa Fe County Sheriff’s Office told NBC News Thursday that there’s “an active and ongoing investigation” into Hackman…
Read MoreAudi Brussels shuts down, cutting 3,000 jobs as Europe’s auto woes deepen
AN AUDI Factory in Brussels billed as the “cradle” of the German carmaker’s electric drive is shutting down production for good on Friday (Feb 28), the latest sign of the woes afflicting Europe’s auto industry. The plant’s closure, with the loss of 3,000 jobs, comes days before EU chief Ursula von der Leyen is set…
Read MoreMichelle Trachtenberg’s mom last saw her just hours before finding her dead in bed: report
Michelle Trachtenberg’s mom last saw her daughter alive just 10 hours before she found the “Gossip Girl” star dead in her New York City apartment, according to a report. Lana Trachtenberg saw the 39-year-old actress at 10 p.m. Tuesday, according to TMZ — before finding her unconscious and unresponsive around 8 a.m. Wednesday at her…
Read MoreUS-China tensions can offer ‘huge opportunities’ for Asian law firms: R&T managing partner
RISING tensions between the United States and China present Asian law firms with a “huge opportunity”, as the region is likely to benefit given its reputation for being politically stable, said Rajah & Tann managing partner Patrick Ang on Thursday (Feb 27). Also, as the China-US rivalry leads to an increase in geopolitical tensions,…
Read MorePorsche overtakes Ferrari as million-dollar car of the moment
THIS month, as car enthusiasts converge on Florida for two weeks, they will find 14 Porsches with estimates straddling the US$1 million mark-two more than the dozen Ferraris with the same distinction and far more than any other brand among the 405 total lots being offered across three auction houses. Million-dollar Porsches are creeping into…
Read MoreApac Realty’s H2 profit halves to S$3.1 million as new home sales drop
REAL estate services player Apac Realty posted a 53.6 per cent fall in net profit to S$3.1 million for the six months ended Dec 31, 2024, hit by a fall in new home sales. The company’s revenue for the half-year dipped 0.6 per cent to S$295.9 million, on the back of a 30.5 per cent…
Read MoreIHH Healthcare Q4 earnings edge up 1% to RM732 million
INTEGRATED healthcare operator IHH Healthcare on Thursday (Feb 27) announced net profit of RM732 million (S$221 million) for the quarter ended Dec 31, 2024, up 1 per cent from RM728 million in the corresponding year-ago period. This translates to earnings per share (EPS) of RM0.0831, compared to RM0.0826 in the fourth quarter of 2023. The…
Read MoreGymshark CEO wants to be the Land Rover of gym clothes
Meet Britain’s youngest self-made billionaire. Ben Francis is the founder and CEO of Gymshark. “It was like a dream come true for me,” the 32-year-old told The Post about starting his own business back in 2012. Now, in a surprising move for retail, the primarily online store is expanding to more brick-and-mortar locations beyond the…
Read MoreUOL H2 net profit falls 60% in absence of one-time gain
PROPERTY player UOL Group posted a 60 per cent fall in net profit to S$227.8 million for the six months ended Dec 31, 2024. This was mainly due to the absence of a one-time gain from the sale of Parkroyal on Kitchener Road in October 2023. Otherwise, the company saw growth across its key segments…
Read MoreBusiness Standing Check: What That Certificate Really Means
Ever wonder what that business certification really means? It’s like having your business’s ID card, showing that you’re legit and playing by the rules. Whether you’re just starting out or have been around the block a few times, understanding this certification can be key to your business’s success. Let’s break it down and see why…
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