Posts by Liam Redmond
DFI Retail Group FY2025 underlying profit jumps 35% to US$270 million on health, beauty segment growth
[ad_1] The board has proposed a final dividend of US$0.105 a share based on a new 70% payout policy [SINGAPORE] Supermarket and retail store operator DFI Retail Group posted an underlying profit of US$270 million for the year ended Dec 31, 2025, an increase of 35 per cent from US$201 million for the previous financial…
Read MoreKuehne+Nagel to cut over 2,000 jobs, weighs impact of Middle East conflict
[ad_1] Swiss logistics group forecasts flat or lower recurring Ebit of 1.2 billion to 1.4 billion francs for 2026 Published Tue, Mar 3, 2026 · 07:42 PM [LONDON] Swiss logistics group Kuehne+Nagel said on Tuesday (Mar 3) it was cutting more than 2,000 jobs as part of a cost-savings programme implemented in the fourth quarter,…
Read MoreAustin mass shooter was not on the FBI’s radar before he opened fire on crowded Texas bar, authorities say
[ad_1] The gunman who opened fire outside a crowded Texas bar and killed three people in an attack that wounded more than a dozen had not been on the radar of authorities, federal and local investigators said Monday. The FBI and police in Austin said it’s too soon to identify the motive behind the mass shooting early…
Read MoreSingapore, Tg Pelepas, Port Klang could face congestion from Middle East-bound boxships; capacity shortage feared
[ad_1] Bottlenecks will worsen if Strait of Hormuz closure persists, with Colombo likely to be the worst hit [SINGAPORE] Port congestion in Asia’s key transhipment hubs stemming from the Middle East conflicts is expected. Some shipping lines have already made requests to Singapore to stage some of their Middle East-bound containers in the Republic, The…
Read MoreTrump brags about ‘virtually unlimited supply’ of weapons after US takes out Iranian military assets
[ad_1] President Trump bragged the US has a “virtually unlimited supply” of medium-grade munitions and proclaimed America is ready to win “big” in an ominous warning to the Iranian regime. “The United States Munitions Stockpiles have, at the medium and upper medium grade, never been higher or better,” Trump wrote on Truth Social Monday night.…
Read MoreST Engineering buoys Singapore stocks as war jitters rattle key Asian markets; STI up 0.5%
[ad_1] Across the broader market, losers outnumber gainers 349 to 279, after 2.3 billion securities worth S$3 billion change hands [SINGAPORE] Singapore’s benchmark Straits Times Index (STI) eked out a 0.5 per cent gain on Tuesday (Mar 3), rising 25.79 points to finish at 4,916.65, even as the war in Iran continued to sour investor…
Read MoreState Department confirms Foreign Service Officer is suspect in Virginia ‘road rage’ mass stabbing
[ad_1] The suspect in a highway “road rage incident” Sunday that left one woman and a dog dead and several other women wounded was a Foreign Service Officer, the State Department confirmed to Fox News Digital. “We are aware of the tragic incident that involved a Foreign Service Officer and occurred on Sunday, March 1, in Fairfax…
Read MoreRadiohead blasts ICE for using their song in video mourning victims of migrant crime, demands it be taken down
[ad_1] English rock band Radiohead told ICE to “go f— yourselves” on Friday after one of their songs had been used in a video mourning the victims of illegal immigrant crime. Radiohead issued a public statement to multiple news outlets condemning the use of their song “Let Down” in a pro-ICE video, one of multiple…
Read MoreJapan in talks with India to explore for rare earths, sources say
[ad_1] Published Tue, Mar 3, 2026 · 03:44 PM [NEW DELHI] Japan is in talks with India to jointly explore rare earth deposits in the desert state of Rajasthan, two people familiar with the discussions said, as Tokyo seeks to reduce reliance on China for supplies critical to magnet manufacturing. Last month, India’s Mines Minister…
Read MoreUniversity of Idaho professor awarded $10M after TikTok tarot influencer claimed she ‘ordered’ quadruple murders
[ad_1] A University of Idaho professor won a $10 million judgment after a tarot TikTok influencer publicly pushed false claims that she was behind the savage quadruple slayings of four college students. A Boise jury in US District Court ordered fortune-telling Texas TikToker Ashley Guillard on Friday to pay $10 million after concluding she falsely…
Read MoreAnalysts downgrade PropNex expected slowdown in home sales
[ad_1] Phillip Securities downgraded PropNex to “accumulate” with a higher target price; DBS downgraded the firm to “hold” and lowered its target price [SINGAPORE] Analysts have downgraded their calls on PropNex on forecasts that a moderation in residential sales for 2026 could impact earnings, after the real estate firm posted record performance for 2025 last…
Read MoreBlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets: report
[ad_1] The Hong Kong-listed conglomerate has been seeking to sell its non-Chinese ports business, which spans 43 terminals in 23 countries Published Tue, Mar 3, 2026 · 02:27 PM [BENGALURU] A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison’s global ports business without two terminals in Panama, after authorities seized the assets,…
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