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[SINGAPORE] SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (May 21) it is committing up to S$115 million in Singapore healthcare and life sciences firm AddVita. Offering medical and laboratory technologies, AddVita sells pharmaceutical products as well, to hospitals, clinics, pharmacies and healthcare providers throughout Asia, particularly South-east Asia.It also buys companies, focusing on small and medium-sized distributors in the healthcare and life sciences sectors, using the so-called buy-and-build strategy. In a joint statement, AddVita said that with SeaTown’s support, it will continue to grow using this game plan, where companies complement organic expansion with acquisitions. AddVita…

BOSTON — An unusual May nor’easter was pulling away from New England on Friday after soaking the region and setting some record cold temperatures.Massachusetts and Rhode Island received the most rain, getting at least several inches. The coastal town of Kingston, Massachusetts, received 7.13 inches (18.1 centimeters) of rain in a 24-hour period ending early Friday, the National Weather Service said.Drivers were stuck in floodwaters in Cape Cod and fallen trees blocked some streets. There were no reports of injuries. Some higher elevations saw snow, with New Hampshire’s Mount Washington reporting 3.4 inches (8.6 centimeters) as of Friday morning.“Would it…

Paul Reubens did not tell his director that he was dying.On July 31, 2023, the news of Reubens’ death came as a shock to documentary filmmaker Matt Wolf, who had spent a year trying to convince him to make the ambitious two-part documentary “Pee-wee as Himself,” now streaming on HBO Max, and over 40 hours interviewing him on camera.But in 2023, the project was in danger of falling apart: The two had been at an impasse for a while over the issue of creative control and they’d finally found a way forward. He had one last interview scheduled, set for…

The “The Greatest Spectacle in Racing” is almost here! We are just a couple of days away from the 2025 Indy 500. As we edge closer to the green flag, all eyes are on the weather. Check out the latest forecast below.2025 Indy 500 Weather ForecastAccording to FOX Weather, Sunday’s forecast is optimistic. There is a 15% chance of rain on race day as the race starts. Rain chances increase to 30% by later in the afternoon. Any rain should be light and relatively short-lived. Temperatures are expected to reach the low 70s, and a mix of clouds and sun…

WASHINGTON — For students around the world, an acceptance letter to Harvard University has represented the pinnacle of achievement, offering a spot among the elite at a campus that produces Nobel Prize winners, captains of industry and global leaders.That allure is now in jeopardy. In its intensifying fight with the White House, Harvard was dealt its heaviest blow yet on Thursday, when the government blocked the Ivy League school from enrolling foreign students. The move threatens to undermine Harvard’s stature, its revenue and its appeal among top scholars around the world.Even more than the government’s $2.6 billion in research cuts,…

[SINGAPORE] Grand Banks Yachts posted a 42.4 per cent drop in net profit to S$2.3 million for the third quarter ended Mar 31, from about S$4 million in the corresponding quarter in the year before. This decline came mainly from its having sold more lower-margin trade-in boats, along with higher costs from product enhancements, the mainboard-listed luxury recreational motor yacht manufacturer said in a regulatory filing on Monday (May 19).The company’s net profit for the first nine months of FY2025 dropped 9.7 per cent to $9.9 million, from S$10.9 million in the same period last year.  Revenue for the third quarter…

The mother of a 14-year-old boy who claims he took his own life after becoming obsessed with artificial intelligence chatbots can continue her legal case against the company behind the technology, a judge has ruled.”This decision is truly historic,” said Meetali Jain, director of the Tech Justice Law Project, which is supporting the family’s case.”It sends a clear signal to [AI] companies […] that they cannot evade legal consequences for the real-world harm their products cause,” she said in a statement.Warning: This article contains some details which readers may find distressing or triggering Image: Sewell Setzer III. Pic: Tech Justice…

Doug McIntyre Soccer Journalist Laken Litman College Football & Soccer Analyst The United States men’s national team is set to return to action ahead of the Concacaf Gold Cup, which kicks off on June 14 and will serve as the USMNT’s last tournament before co-hosting the 2026 World Cup next summer. USMNT manager Mauricio Pochettino called up a 27-player roster that will first play two tune-up matches – vs. Turkiye on June 7 and then Switzerland on June 10 – before gearing up for the Gold Cup. The most notable absence from Pochettino’s squad is Christian Pulisic, who will skip the Gold Cup…

The Trump administration is planning to dispatch hundreds of border agents to different parts of the country so they can help Immigration and Customs Enforcement arrest unauthorized immigrants in the U.S interior, three sources familiar with the plan told CBS News.The plan would be the latest escalation in the Trump administration’s aggressive efforts to muster the vast resources and personnel of agencies across the federal government to support ICE in its bid to carry out what the president has vowed will be the largest deportation operation in U.S. history.The effort is expected to involve around 500 personnel from U.S. Customs…

[SINGAPORE] Being a basketball player in her youth imbued Helen Wong with a strong belief in the power of teamwork, something she has carried over to her role as chief executive of OCBC. Wong said the combination of people with the right capabilities and the same ambition can bring about maximum value. Hence, when she led OCBC’s corporate strategy refresh in 2022, the Hong Kong-born banker put forward a plan to leverage OCBC’s strength across Asean and Greater China – through a “one group” approach. That is, to provide an integrated customer experience across the financial group’s business through collaboration…