Posts by Swedan Margen
Toyota chairman re-elected against backdrop of US$33 billion buyout bid
[TOYOTA CITY, Japan] Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday (Jun 12), highlighting support among mom-and-pop investors even as the Japanese automaker’s US$33 billion buyout of a group company draws criticism from overseas shareholders. Toyoda, formerly chief executive of the world’s top-selling automaker and grandson of its founder, was widely expected to…
Read MoreNvidia marks Paris tech fair with Europe AI push
[PARIS] Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe. “In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10,” Huang told a packed hall…
Read MoreIFAs should hew to thinking of the market
[singapore] This column suggested last week that shareholders of Singapore Paincare think twice about accepting the recently announced offer at S$0.16 per share, and hold out for a better deal. The privatisation offer by way of scheme of arrangement comes only five years after the company sold shares to investors at S$0.22 each, and listed…
Read MoreUS Treasury chief does not see himself replacing Fed chair
Published Thu, Jun 12, 2025 · 06:56 AM [WASHINGTON] US Treasury Secretary Scott Bessent said on Wednesday that he wishes to remain in his current position, after a report emerged that he is a contender to succeed the Federal Reserve chair. Asked which role he would prefer, Bessent told the House Ways and Means Committee…
Read MoreOil prices jumps 4% to 2-month high as tensions rise in Middle East
[NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the US was preparing to evacuate its Iraqi embassy due to heightened security concerns in the Middle East. Brent crude futures settled US$2.90, or 4.34 per cent, higher to US$69.77 a barrel. US West…
Read MoreEurope: Shares slip as markets unfazed by US-China deal
EUROPEAN shares saw their early gains evaporate, closing in the red on Wednesday, as the much-anticipated US-China trade talks offered scant details, despite promises of high-level agreements. The pan-European Stoxx 600 had risen following a cooler-than-expected US inflation report that eased tariff-related concerns and bolstered hopes for the Federal Reserve to cut rates. However, the index ultimately…
Read MoreSly Stone’s Political and Musical Awakening
In May of 1971, Marvin Gaye released what many consider to be his masterwork, “What’s Going On?” A song cycle told from the point of view of a Vietnam veteran returning to the United States after serving abroad, having witnessed all manner of suffering, violence, and injustice, it is not an entirely idyllic album. Yet…
Read MoreKatherine Rundell’s Fantastic Four
Katherine Rundell grew up reading about mythical creatures—Minotaurs and trolls, dragons and unicorns—in books by writers like J. R. R. Tolkien, Ursula K. Le Guin, Edith Nesbit, Diana Wynne Jones, and Philip Pullman. With the publication of “Impossible Creatures” (2024), the first book in her new children’s fantasy series, Rundell stakes her claim among these literary giants. Rundell, whose…
Read MoreTulsi Gabbard Bombs American History
Harry Truman made an entirely defensible decision. Basing our policies on denouncing him is a recipe for more tragedy, not less. Source link
Read MoreWho Was Arthur A? Austrian School Shooter Killed Neighbor’s Daughter During Rampage and Asked Mom to Take Care of His Beloved Cat
New details have emerged about the Austrian gunman who killed 10 people at his former school on Tuesday, revealing that one of his victims was a young girl who lived in his neighborhood. This came as the gunman was identified as 21-year-old Artur A. from a suburb of Graz. Arthur also left behind disturbing messages…
Read MoreWho Is Emiliano Garduno-Galvez? Anti-ICE Protester Who Hurled Molotov Cocktail at Police Unmasked as Illegal Immigrant Who was Earlier Deported
As the unrest from the Los Angeles riots carried on into Wednesday, authorities revealed that one of the protesters who attacked police with makeshift weapons was an illegal immigrant the demonstrators were rallying to protect. Emiliano Garduno-Galvez, an illegal immigrant from Mexico, was caught on video preparing the materials and then hurling a firebomb at…
Read MoreNo One Wants Another ‘Summer of Love,’ Right?
A combustible situation is set to unfold this weekend, and too many stakeholders have an interest in seeing it combust. Source link
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