Posts by Swedan Margen
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter. It took one election and a billionaire bromance to flip the script. Helped by Musk’s singular relationship with President Donald Trump and the tech mogul’s newfound proximity…
Read MoreCCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Consumer Commission of Singapore (CCCS) has conditionally approved the proposed expansion of a 2016 joint venture between Singapore Airlines (SIA) and Lufthansa, which would give a boost to tourism in Singapore, among other benefits. It would widen the geographic scope of a joint venture that the CCCS cleared in 2016, under which SIA and…
Read MorePatel Testimony Sparks Disclosure Battle over Grand Jury Testimony and Jack Smith’s Mar-a-Lago Report
The always political Merrick Garland outsmarted himself, so Judiciary Committee Democrats lack the ammo needed to challenge the FBI nominee’s appointment. Source link
Read MoreSamsung Electronics posts 129.85% jump in Q4 operating profit
SAMSUNG Electronics said on Friday its operating profits surged 129.85 per cent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used in artificial intelligence servers. The company is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled…
Read MoreUS Steel posts muted quarterly results amid Nippon deal snag
US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment. The industry has been struggling, as distributors have refrained from purchasing material in excess of their inventory amid a supply glut fueled by domestic production and imports. US Steel is attempting to…
Read MoreStocks to watch: Singtel, SIA
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31): Source link
Read MoreMastercard earnings tops estimates as firm broadens services
MASTERCARD reported earnings that beat estimates as the firm diversifies beyond its traditional payment network into anti-fraud services, data analysis and global money movement. Adjusted net income of US$3.5 billion, or US$3.82 a share, in the fourth quarter beat analysts’ estimates of US$3.69 a share. Global purchase volume – the aggregate dollar amount of purchases…
Read MoreA Song on Porcelain
In many responses to the first days of the second Trump Presidency—expressions of an outrage denied the refuge of surprise—a historical analogy recurs: Is this how it felt to be a progressive liberal in Weimar Germany on January 30, 1933, when Hitler was appointed Chancellor? No analogy is perfect, but a different historical moment feels,…
Read MoreIdris Elba’s War on Knifepoints Doesn’t Go Far Enough
Why stop at snipping knife tips? So many other household items could be danger-proofed, too. Source link
Read MoreSIA ranked top airline, clinches 28th overall spot in Fortune’s list of world’s most admired firms
SINGAPORE Airlines (SIA) has clinched the top spot as an airline and ranked 28th overall in Fortune magazine’s list of the most admired companies globally. The list, in its 27th edition, is based on a survey of 3,380 executives, directors and securities analysts from around the world, who were asked to select the 10 companies…
Read MoreAmerica’s Dangerous Flirtation with RFK Jr.
Having nobody in charge of public health might be better than emboldening someone who is dangerously wrong. Source link
Read MoreBring On Iron Dome
President Trump is right to make missile defense a national priority. Source link
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