Posts by Liam Redmond
Starbucks cuts London, Hong Kong office jobs in restructuring effort
The company has said that it wants to double its international store count to about 40,000 Published Sat, Jun 20, 2026 · 09:13 AM [CHICAGO] Starbucks laid off corporate workers in the London and Hong Kong hubs that oversee parts of its international business, as the coffee chain gives third-party licensees greater latitude to run…
Read MoreBMW preparing talks with employee representatives after slashing profit outlook
It’s working on viable solutions – through dialogue and with a sense of responsibility toward employees Published Fri, Jun 19, 2026 · 08:27 PM [BERLIN] German premium carmaker BMW and employee representatives are preparing talks after the company slashed its profit outlook and vowed to ramp up efficiency measures, a spokesperson for the general works…
Read MoreGrammy-Nominated Mega Producer Tay Keith Found Dead at 29
(UPI) — Grammy-nominated music producer Tay Keith was found dead Thursday afternoon by police at his Nashville, Tenn., apartment, authorities said. He was 29. Little information about his death has been made public. The Metropolitan Nashville Police Department said in a statement that his body was found by officers performing a welfare check. “No foul…
Read MoreCSE board clash: Who are Eugene Lai and Tan Chian Khong?
[SINGAPORE] A board dispute at CSE Global has piqued investors’ interest in the protaganists involved. Chairman Eugene Lai and lead independent director Tan Chian Khong – who resigned following the clash – are both veteran corporate and management leaders. The Business Times puts together the backgrounds of these two board members, whose clash sent ripples…
Read MoreWall St opens higher as Iran deal optimism offsets hawkish Fed
Published Thu, Jun 18, 2026 · 09:42 PM [NEW YORK] Wall Street’s major indexes advanced on Thursday (Jun 18) with technology shares leading gains as optimism about a Middle East peace deal offset worries about a hawkish Federal Reserve under new Chair Kevin Warsh. The Dow Jones Industrial Average rose 79.3 points, or 0.15 per…
Read MoreHegseth Torches ‘Paper Tiger’ NATO: You Have Six Months to Shape Up
Secretary of War Pete Hegseth said the decline of European NATO as a warfighting organisation has mirrored the continent’s crisis of faith in itself and the open borders era, telling a meeting of alliance leaders they now need to step up if they want America to keep contributing. A meeting of North Atlantic Treaty Organisation…
Read MoreFirst Saudi supertankers start crossing Hormuz after deal
Published Thu, Jun 18, 2026 · 05:27 PM SOME oil and gas vessels have begun to cross the Strait of Hormuz, including ships owned by Saudi Arabia’s state tanker giant, in an early sign of the shipping industry responding to the interim US-Iran peace deal. Three laden oil supertankers controlled by Saudi Arabia’s Bahri switched…
Read MoreNATO Boss Rutte Hails Trump’s Iran Deal: ‘Improves Security For Us All’
NATO Secretary General hailed President Donald Trump’s Iran deal for ensuring Iran never becomes a nuclear power, and saying NATO was ready to play a role in securing the Strait of Hormuz if “so wanted”. The re-opening of the Strait of Hormuz is a “massive step forward”, the Secretary General of the North Atlantic Treaty…
Read MoreUS stocks open higher, spotlight on Fed
Published Wed, Jun 17, 2026 · 09:43 PM [NEW YORK] The main US stock indexes opened higher on Wednesday (Jun 17), as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh. At 09:30 am ET, the Dow Jones Industrial Average rose 11.12 points, or 0.02 per cent,…
Read MoreECB officials say peace in Iran isn’t enough to fix energy shock
The main concern is that it will take time to restore production capacity, repair infrastructure and get ships sailing again Published Wed, Jun 17, 2026 · 01:27 PM [FRANKFURT] European Central Bank (ECB) officials are signalling that a US-Iran peace accord will not necessarily stop them lifting interest rates further, even if it prevents a…
Read MoreGold edges up as rate-hike fears ease; Fed rate decision in focus
Published Wed, Jun 17, 2026 · 09:47 AM [BENGALURU] Gold edged higher on Wednesday (Jun 17), extending gains for a fifth straight session, as optimism around the US-Iran peace deal eased concerns over interest rate hikes, while investors awaited further details on the deal and the US Federal Reserve’s policy meeting. Spot gold was up…
Read MoreTrump Says Iran’s Economic Opportunities Would ‘Be Good’ If Cooperation with U.S. Continues
ÉVIAN-LES-BAINS, France—President Donald Trump said in response to a question from Breitbart News at the G7 that future economic opportunities for Iran would “be good” if there is continued cooperation moving forward. Trump’s comments came during a bilateral meeting with the Emir of Qatar, Tamim bin Hamad bin Khalifa Al Thani, on the sidelines of the…
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