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The Trump administration is planning to transport a group of immigrants to Libya on a U.S. military plane, according to U.S. officials, another sharp escalation in a deportation program that has sparked widespread legal challenges and intense political debate.The nationalities of the migrants were not immediately clear, but a flight to Libya carrying the deportees could leave as soon as Wednesday, according to the officials, who spoke on the condition of anonymity because they were not authorized to discuss the operation.The decision to send deportees to Libya was striking. The country is racked with conflict, and human rights groups have…
Prepackaged bankruptcies generally allow companies to exit Chapter 11 quickly and without disruption to their business or unsecured creditorsPublished Wed, May 7, 2025 · 09:05 AM[NEW YORK] WeightWatchers, known for its diet programmes once endorsed by celebrities including Oprah Winfrey, has filed for bankruptcy after struggling to compete with weight-loss drugs such as Ozempic.The company -which rebranded to WW International – filed a prepackaged Chapter 11 petition to execute a lender-backed plan that would cut about US$1.15 billion in debt from its balance sheet. It expects to complete the reorganisation in about 45 days. WeightWatchers said the restructuring plan will “significantly…
Table of Contents Table of Contents Michelle Williams is always great The show is from one of TV’s most unheralded writers The episodes are short Hulu is an undervalued streaming service that regularly puts out excellent TV shows. That doesn’t mean that the streamer doesn’t have plenty of interesting shows on offer, though, even if it does mean that those shows might be a little underrated or undervalued by general TV lovers. If you’re looking for something on Hulu worth your time, start with Dying for Sex. Although it premiered to great reviews earlier this year, the series has not…
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MUMBAI :Global rice prices, which have tumbled to multi-year lows, are unlikely to fall further with top exporter India’s currency firming, but bulging Indian stockpiles and a bumper Asian crop will cap any rebound this year, industry executives say.While lower rice prices will benefit price-sensitive consumers in Africa and other regions, they are likely to further squeeze the already meagre earnings of farmers across Asia, which produces nearly 90 per cent of the world’s rice.The market slumped in April, a month after Delhi removed the last of its export curbs on the grain imposed in 2022, sending Indian parboiled rice…
Published Wed, May 7, 2025 · 09:42 AM — Updated Wed, May 7, 2025 · 09:52 AM[BEIJING] China’s central bank governor said on Wednesday the bank would cut the amount of cash that banks must hold as reserves by 50 basis points, the first reduction in 2025 as policymakers seek to boost liquidity and prop up economic growth amid a protracted trade war with the United States.The People’s Bank of China’s Governor Pan Gongsheng told reporters the reserve requirement ratio (RRR) will release about 1 trillion yuan (S$178.2 billion) in liquidity.With China hunkering down for a trade war with the…
Software development is changing right before our eyes, with AI becoming a real workmate for developers everywhere. This change isn’t just happening in trendy startups either, the tech giants are all in. We got a fascinating peek behind the curtain recently, thanks to a discussion between Microsoft CEO Satya Nadella and Meta’s Mark Zuckerberg. AI has already changed software development During Meta’s LlamaCon AI event, Zuckerberg directly asked Nadella about the AI footprint inside Microsoft. His question was plain: “Do you have a sense of how much of the code, like what percent of the code that’s being written inside…
Joel Klatt Lead College Football Analyst Spring football is in the books. The transfer portal has largely been settled. Programs officially said goodbye to some of their top players from last year, with the NFL Draft taking place and graduations happening all around the country. So, with all of those things settled, it’s now time to look forward to the fall. I’ve got my second edition of my way-too-early top 25 ready to share as I dive into the rosters and schedules for the 2025 season.As we head into the summer, I don’t believe we have a real dominant team, which…
BEIJING, CHINA – MARCH 06: Pan Gongsheng, governor of the People’s Bank of China, attends a new conference on economy for the third session of the 14th National People’s Congress (NPC) on March 6, 2025 in Beijing, China. Visual China Group | Getty ImagesChina’s central bank and financial regulators announced sweeping plans on Wednesday to cut key interest rates in an effort to shore up growth in the face of trade worries.China will cut the seven-day reverse repurchase rates by 10 basis points to 1.4% from 1.5%, the People’s Bank of China Governor Pan Gongsheng said at a press briefing.…
[SINGAPORE] The manager of Aims Apac Real Estate Investment Trust (Reit) reported higher distribution per unit (DPU) of S$0.0493 for the second half ended Mar 31, up 4.7 per cent from S$0.0471 the year before, citing resilient operational performance. The Reit’s gross revenue for the second half rose 5.3 per cent year on year to S$93.1 million on strong portfolio performance and rental reversions, up 2.9 per cent from S$90.4 million in H2 of 2024, said the manager on Wednesday (May 7).The Reit’s manager had completed deals for 25 new leases and 50 renewals in FY2025, representing 159,827 square metres…