Author: Admin
[BANGKOK] Thailand’s second-richest person Charoen Sirivadhanabhakdi transferred ownership of two major listed companies to his five children as the octogenarian businessman pulls back from day-to-day management of his beer-to-property conglomerate.Charoen sold all of his shares in Sutthasup 9 Company to his offspring, according to late Monday (May 26) filings of Asset World and Berli Jucker. Sutthasup 9 has indirect control of the companies. The statements did not say how much Charoen owned in the companies. Major shareholders’ restructuring will have no impact on current management structures, business operations and strategic direction of the companies, the filings said. Berli Jucker’s shares fell as…
OnlyFans is on the selling block, . The current owner of the adult entertainment platform, Fenix International Ltd, is in talks to sell to an investor group at a valuation of around $8 billion. This group is being led by an entity called the Forest Road Company, which is an investment firm based in Los Angeles.The platform just in 2023, so the idea of an $8 billion payout doesn’t seem that far-fetched. OnlyFans became a global phenomenon during the COVID-19 pandemic and it takes 20 percent of all creator earnings.Investor interest has peaked over the past several months as impressive…
[SINGAPORE] As high attrition rates among young lawyers raise concern, a new structured training initiative seeks to curb the outflow of talent, among various aims. The Junior Lawyers Certification Programme (JLP) by the Singapore Academy of Law (SAL) aims to help young lawyers stay ahead of the artificial intelligence (AI) curve, while also strengthening basic legal skills. Launched on May 21, the programme targets lawyers with five and fewer years of post-qualification experience. Yet, as SAL chief executive Yeong Zee Kin told The Business Times in an interview, the JLP focuses on skills and knowledge acquisition, while many young lawyers…
I don’t know if I would call myself a big procrastinator, but I’m not immune to it — none of us really are. Those days when you just don’t feel like doing anything much are almost inevitable, but unfortunately, the busy world we live in and our rapid work schedules don’t account for such days. Whether you feel like it or not, work still needs to get done, one way or another. At times, when my schedule’s packed and I’m exhausted, I find myself procrastinating instead of getting work done. Instead of getting mad at myself, I found three web…
Tyler Wade dove home and sealed the victory for the San Diego Padres after wild error by the Marlins.
Oil prices slipped for a second session on Tuesday on increasing expectations members of the Organisation of Petroleum Exporting Countries and their allies, known as OPEC+, will decide to increase their output at a meeting later this week.Brent crude futures shed 24 cents, or 0.4 per cent, to $64.50 a barrel by 0507 GMT, while U.S. West Texas Intermediate (WTI) crude was down 29 cents, or 0.5 per cent, at $61.24 a barrel. The WTI contract did not settle on Monday because of the U.S. Memorial Day holiday. “Crude oil edged lower as the market contemplated the outlook for rising…
TESLA’S sales in Europe fell 49 per cent in April from a year earlier, even as battery-electric sales rose by 27.8 per cent, as the US EV maker’s upgrade of its Model Y shows little sign of improving the brand’s tarnished image in the region.Overall car sales in the region remained roughly consistent with last year, falling just 0.3 per cent, with the strongest sales growth coming from electric and plug-in hybrid cars, data by the European Automobile Manufacturers Association (ACEA) showed.Tesla’s sales in Europe continue to drop, reflecting a shift away from the brand as Chinese competition strengthens and…
[CANBERRA] Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said.A fire sale of stored grain may be necessary to clear space before the new wheat harvest in the last quarter of the year, which would weigh on benchmark Chicago futures already trading near their lowest since 2020 because of abundant global supply.Australia sent just 546,000 metric tons of wheat to China during the October to March period, the first…
Let’s face it, folks, Windows can be quite an annoying mess. Between unwanted apps, a cluttered Start Menu, and constant tracking, it often feels like you’re fighting your own computer. That’s where RyTuneX comes in. Version 1.3.2 is here, and while it’s a small update, it brings exactly the kind of changes that make Windows 10 and Windows 11 suck a little less. If you’re new to RyTuneX, here’s the deal. It’s a free tool built with WinUI 3 and .NET 8 that lets you clean up your system, block telemetry, manage features, and get rid of the junk that…
[HONG KONG] BYD shares extended losses in Hong Kong trading on Tuesday (May 27) – taking their two-day slide to more than 10 per cent – as last week’s sweeping price cuts stoked concern of another wave of discounting in China’s cutthroat electric car market. The stock fell as much as 4 per cent in morning trading, following Monday’s 8.6 per cent drop. The sell-off was sparked after the electric vehicle giant announced cuts of as much as 34 per cent on 22 electric and plug-in hybrid models in China until the end of June. The move came after the…