Posts by Liam Redmond
Venmo for Business: Smart Move or Major Mistake?
Thinking of using Venmo for your business? It’s a tempting option with its ease of use and popularity. But is it really the best choice for handling business transactions? Venmo for Business offers some unique features, but there are important factors to weigh before diving in. Let’s explore whether Venmo is a smart move for…
Read MoreTrademark Wars: The Real Cost of Protecting Your Brand
Ever wonder why those big brands are super protective of their logos and names? It’s all about trademark protection. This isn’t just some legal mumbo jumbo; it’s a big deal for businesses. Without it, anyone could just slap your brand name on their products, and you’d be left dealing with the mess. Think of it…
Read MoreOpenAI releases cheaper model o3-mini in wake of DeepSeek
OpenAI rolled out a new, lightweight artificial intelligence (AI) model that it said is capable of human-like reasoning and makes gains on efficiency – a product that will be closely watched following the release of an open-source model from China’s DeepSeek. The model, released on Friday (Jan 31), is called o3-mini and will be free to use. The company first announced plans…
Read MoreFu Yu will not convene requisitioned EGM; investigates business unit
THE board of directors of Fu Yu Corporation on Friday (Jan 31) announced that the company will not convene an extraordinary general meeting (EGM) requisitioned by Victor Lim, its largest shareholder. In a bourse filing, the precision plastic components manufacturer said that it had obtained legal advice stating that the requisition did not meet the…
Read MoreUS: Wall St opens higher on gains in Apple, in-line inflation reading
WALL Street’s main indexes opened higher on Friday (Jan 31) on gains in Apple following its strong sales forecast, with an in-line reading for the Federal Reserve’s favoured inflation gauge keeping expectations about its interest-rate path unaffected. The Dow Jones Industrial Average rose 172.2 points, or 0.38 per cent, at the open to 45054.36. …
Read MoreVeteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent directors, with effect from Feb 1. Commenting on their appointments, Raffles Medical Group executive chairman Loo Choon Yong said: “Their vast experience in the banking and financial sector will contribute positively to the…
Read MoreUPS breaks with Amazon to take ‘control of own destiny’
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. The move to scale back business with Amazon.com by 50 per cent will allow the courier to focus on more profitable shipments. Carol Tomé, the company’s chief executive officer, defended the…
Read MoreExxon beats Q4 estimates with higher Permian, Guyana output
EXXONMOBIL on Friday (Jan 31) beat Wall Street’s estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins. Its profit was US$7.39 billion or US$1.67 per share, beating analyst estimates of US$1.56, LSEG data showed. Exxon’s low production costs in the basin and its lucrative and prolific…
Read MoreCrazy Tax Write-offs That Actually Worked
Ever thought about what you can write off on your taxes? Some folks have taken it to a whole new level with some pretty wild claims. From feeding stray cats to buying racehorses, people have found some unusual ways to get a tax break. Here’s a look at some of the most bizarre tax deductions…
Read MoreHigher casino takings drive MBS’ revenue for Q4 2024
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024, amid ongoing renovation and refurbishment efforts, as it focuses on “high-value tourism” in Singapore. All the group’s segments recorded growth, with the casino business – which is the largest contributor to…
Read MoreCapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae – for 21 billion yen (S$178.5 million). The acquisition is part of Clas’ portfolio reconstitution strategy to enhance the quality of its portfolio and deliver stable returns to its stapled securityholders, said Serena…
Read MoreSats acquires remaining 15% stake in Sats Food Solutions (Thailand)
The unit will serve as a centre of excellence for large-scale fresh frozen production in the group’s food solutions network CATERING and ground handling company Sats has acquired the remaining 15 per cent stake in Sats Food Solutions (Thailand) (SFST) from Bangkok Ranch for about S$3.4 million. In a bourse filing on Friday (Jan 31),…
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