Posts by Liam Redmond
MSNBC chief tells blindsided staffers of canceled Joy Reid show they’ll be laid off, but can apply to new jobs at network: report
MSNBC’s president suggested Sunday that blindsided staffers of liberal host Joy Reid’s canceled show can apply for other jobs within the liberal network as she confirmed the group of employees would be canned, according to a report. The revelation from MSNBC president Rebecca Kutler came during a contentious virtual meeting with “ReidOut” staff in which…
Read MoreMalaysia’s flooded palm problems to persist for another month
MALAYSIAN oil palm plantations that have been inundated with rain this year are not likely to see production recover for at least another month, according to a senior industry official. The situation has already tightened supplies in the global market, which is headed for a back-to-back drawdown in stockpiles, lifting futures nearly 9 per cent…
Read MoreJane Fonda’s SAG Awards acceptance speech derailed with sound issues
Jane Fonda knows the show (or speech) must go on. The “80 for Brady” star was interrupted by technical difficulties while accepting the life achievement award at the SAG Awards 2025 in Los Angeles Sunday. The iconic actress’ passionate speech applauding the SAG-AFTRA union was derailed when the pre-recorded announcer started speaking over her. But…
Read MoreIndonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
[JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the nation’s ambitious growth trajectory. For a start, Danantara will allocate US$20 billion to fund 20 high-impact national projects. The funds will be allocated to key sectors…
Read MoreIndonesia’s new Danantara investment fund readies for launch
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth. Prabowo will launch the new body, Danantara, at 10 am local time on Monday (Feb 24). It will be…
Read MoreIndonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth. It will be both an investment vehicle and a holding company for the state-owned enterprises (SOEs) that dominate swathes…
Read MoreFranchise Dreams: 7 Steps to Clone Your Success
Thinking about franchising your business? It’s a big leap, but it could be the perfect way to grow your brand and reach new markets. Franchising isn’t just about selling a business model—it’s about creating a system that others can follow and succeed with. If you’ve been dreaming of seeing your business thrive in multiple locations,…
Read MoreHarrison Ford interrupts ‘Shrinking’ co-star’s speech by eating a chip during SAG Awards 2025 opening
Harrison Ford can’t help himself when he’s hungry. During the opening of the SAG Awards 2025 on Sunday, the legendary actor, 82, ate a potato chip which threw his “Shrinking” co-star Jessica Williams for a loop while she was doing her “I am an actor” speech. “Los Angeles is known as the city of dreams…
Read MoreWiseTech board quits as founder Richard White wins power struggle
WISETECH Global’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every board member quit in a disagreement over the billionaire’s role at the company. The shares slumped. Four of WiseTech’s six directors, including chairman Richard Dammery, will leave on Feb 26, the company said on Monday…
Read MoreOlam to sell 44.58% stake in Olam Agri for US$1.8 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock Investment Company (Salic) to dispose about 44.58 per cent of the issued and paid-up share capital of Olam Agri. This entails 1.5 billion ordinary shares of Olam Agri, with the consideration for the disposal set at about…
Read MoreOlam to sell remaining stake in Olam Agri for US$2.6 billion, focuses on IPO of business unit ofi
OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion. While the board has yet decided on the specific use of the proceeds, Olam’s co-founder and group chief executive officer Sunny Verghese said Olam would continue seeking “strategic options to unlock value” for the other…
Read MoreOlam to sell remaining stake in Olam Agri for US$4 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock Investment Company (Salic) for the proposed disposal of about 44.58 per cent of the issued and paid-up share capital of Olam Agri. This entails 1.5 million ordinary shares of Olam Agri, with the consideration for the…
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