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<title>Samsung Electronics posts 129.85% jump in Q4 operating profit</title>
<link>https://gqbritish.com/samsung-electronics-posts-129-85-jump-in-q4-operating-profit/</link>
<comments>https://gqbritish.com/samsung-electronics-posts-129-85-jump-in-q4-operating-profit/#respond</comments>
<dc:creator><![CDATA[Swedan Margen]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 02:05:47 +0000</pubDate>
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<description><![CDATA[<p>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…</p>
<p>The post <a href="https://gqbritish.com/samsung-electronics-posts-129-85-jump-in-q4-operating-profit/">Samsung Electronics posts 129.85% jump in Q4 operating profit</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">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.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The company is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate Asia’s fourth-largest economy.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The announcement comes after the world’s largest memory-chip maker acknowledged in October it was facing a “crisis” and that questions had arisen about its “fundamental technological competitiveness and the future of the company”.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Operating profit from the October to December period was 6.5 trillion won (S$6.1 billion), up from 2.82 trillion won a year earlier, Samsung said in a regulatory filing.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Sales rose 11.8 per cent to 75.78 trillion won, while net income of 7.75 trillion won was up 22.2 per cent from a year earlier.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Net profit exceeded market expectations, according to the Yonhap News Agency, which cited its own financial data firm.</p>
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<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">But the company’s Q4 operating profit was lower than that of the previous quarter, which stood at 9.18 trillion won.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Samsung said Friday this was due to “soft market conditions especially for IT products, and an increase in expenditures including R&D.”</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">“In the first quarter of 2025… overall earnings improvement may be limited due to weakness in the semiconductors business,” it said.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">US tech giant Nvidia, whose semiconductors power the AI industry, has been relying on SK hynix, Samsung’s South Korean rival, as its main supplier of high-bandwidth memory (HBM) chips for its artificial intelligence graphics processing units (GPUs).</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Samsung has been seen as struggling to meet Nvidia’s requirements.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Its technology leadership “in the semiconductor market has been eroded over the last few years”, Gloria Tsuen, a Moody’s Ratings vice-president and senior credit officer, told AFP.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">“The rapidly increasing demand for AI chips also heightens the technological difficulty in developing new, custom-made chips for customers in a timely manner,” she added.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Neil Shah of Counterpoint Research said the company’s “conservative” moves to focus on costs relative to more challenging customer demands have been “key factors for the headwinds”.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">“Samsung lost first wave of semiconductor AI boom cycle to rivals SK hynix with HBM in AI servers and now is being challenged by Micron for DRAM in AI smartphones and PCs, especially in its own latest Galaxy S25 series flagships,” he said.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">But Bloomberg on Friday reported Samsung has obtained approval to supply a “version of its fifth-generation high-bandwidth memory chips” to Nvidia, citing people familiar with the matter.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component"><b class="font-bold">Blessing in disguise? </b></p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">China’s startup DeepSeek recently unveiled its R1 chatbot that has apparently shown the ability to match the capacity of US AI pace-setters for a fraction of the investments made by American companies.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The Chinese startup has said it used less-advanced H800 chips – permitted for export to China until late 2023 – to power its large learning model.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The news hammered tech firms Monday, with Nvidia collapsing almost 17 per cent and wiping almost US$600 billion from its market capitalisation – a record single-day loss for a publicly traded company.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Tuesday saw a tech rebound, with Nvidia surging 8.8 per cent, but DeepSeek’s arrival has still raised questions about whether the vast sums invested in AI in the past few years have been overdone.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">“While Samsung faces fundamental technology headwinds, DeepSeek’s claims have challenged the fundamental economics and investments for ongoing AI waves,” Counterpoint’s Shah said.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">“This ‘frugal innovation’ could potentially slow down or stretch the hundreds of billions of dollars in AI infrastructure investments over the years,” he said.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">“So, this could be a ‘blessing in disguise’ for Samsung, allowing them to take the time needed to perfect their solution or to lower costs,” he added.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Shares in Samsung were down 2.42 per cent in early trade in Seoul. AFP</p>
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<p>The post <a href="https://gqbritish.com/samsung-electronics-posts-129-85-jump-in-q4-operating-profit/">Samsung Electronics posts 129.85% jump in Q4 operating profit</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Red Sox Predicted To Pursue Blockbuster Trade For $71 Million Ace</title>
<link>https://gqbritish.com/red-sox-predicted-to-pursue-blockbuster-trade-for-71-million-ace/</link>
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<dc:creator><![CDATA[Kevin Harson]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 02:05:01 +0000</pubDate>
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<description><![CDATA[<p>Share ✓ Link copied to clipboard! The San Diego Padres are reportedly listening to trade offers for breakout starting pitcher Michael King. King was excellent down the stretch last year, but he’s entering free agency after the 2025 season and the Padres likely won’t be able to pay the money it’ll take to re-sign him…</p>
<p>The post <a href="https://gqbritish.com/red-sox-predicted-to-pursue-blockbuster-trade-for-71-million-ace/">Red Sox Predicted To Pursue Blockbuster Trade For $71 Million Ace</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<p>The San Diego Padres are reportedly listening to trade offers for breakout starting pitcher Michael King.</p>
<p>King was excellent down the stretch last year, but he’s entering free agency after the 2025 season and the Padres likely won’t be able to pay the money it’ll take to re-sign him in free agency.</p>
<p>Bleacher Report’s Zachary Rymer recently projected the Boston Red Sox to be <a rel="noopener nofollow" href="https://bleacherreport.com/articles/10152520-padres-ace-michael-kings-10-best-landing-spots-and-trade-packages-amid-mlb-rumors" target="_blank" class="multivariate">among the top ten teams</a> interested in King this winter.</p>
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<picture class="mapping-embed" width="1200" height="800"><source type="image/webp" media="(min-width: 992px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.webp?w=790&f=b7dd40c56dc3f936f36f2b1c4b1fefae 1x"><source type="image/jpeg" media="(min-width: 992px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.jpg?w=790&f=b7dd40c56dc3f936f36f2b1c4b1fefae 1x"><source type="image/webp" media="(min-width: 768px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.webp?w=900&f=1c05c62f7e1a930e95d4256998a782c2 1x"><source type="image/jpeg" media="(min-width: 768px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.jpg?w=900&f=1c05c62f7e1a930e95d4256998a782c2 1x"><source type="image/webp" media="(min-width: 481px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.webp?w=790&f=b7dd40c56dc3f936f36f2b1c4b1fefae 1x"><source type="image/jpeg" media="(min-width: 481px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.jpg?w=790&f=b7dd40c56dc3f936f36f2b1c4b1fefae 1x"><source type="image/webp" media="(min-width: 0px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.webp?w=450&f=c39516263710e29d11221ed645f55a23 1x"><source type="image/jpeg" media="(min-width: 0px)" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.jpg?w=450&f=c39516263710e29d11221ed645f55a23 1x"><source type="image/webp" srcset="https://d.newsweek.com/en/full/2577902/san-diego-padres-pitcher-michael-king.webp?w=1200&f=6e5bf1d08f68e4b7e50d4044ed3e9b68"></source></source></source></source></source></source></source></source></source></picture></div><figcaption class="caption ar23-caption">
<span class="cap" id="short-cap-description">SAN DIEGO, CALIFORNIA – OCTOBER 01: Michael King #34 of the San Diego Padres high fives teammates prior to Game One of the Wild Card Series against the Atlanta Braves at Petco Park on October…</span><br />
<span class="cap" id="full-cap-description" style="display: none;">SAN DIEGO, CALIFORNIA – OCTOBER 01: Michael King #34 of the San Diego Padres high fives teammates prior to Game One of the Wild Card Series against the Atlanta Braves at Petco Park on October 01, 2024 in San Diego, California.</span><br />
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<p>“The Red Sox have already added two starters in Crochet and Buehler, both of whom have ace upside. Yet they may still be open to adding an arm, and they were notably linked to Dylan Cease in December,” Rymer wrote. “The Cease connection came out prior to the Crochet trade, though. And while Boston does have a ton of surplus hitting talent, the best way to leverage it would be in a trade for an impact pitcher who is young <em>and </em>controllable. King is neither.”</p>
<p>While Rymer notes that the Red Sox should pursue a young and controllable pitcher, King, though he doesn’t fit this criteria, could still make quite a bit of sense.</p>
<p>First of all, the righty is extremely talented. He found his footing among the top right-handed pitchers in the game down the stretch last season. Fitting King into the Red Sox’s rotation next to Garrett Crochet would be quite easy.</p>
<p>Boston also has the money to re-sign him when he hits free agency. Spotrac projects King to be worth $71 million over four years when he hits free agency, which is a number the Red Sox could easily give him.</p>
<p><strong><em>More MLB: <a href="https://www.newsweek.com/sports/mlb/braves-predicted-swing-trade-15-million-pitcher-replace-max-fried-2023903" target="_blank" rel="noopener" class="multivariate">Braves Predicted To Swing Trade For $15 Million Pitcher To Replace Max Fried</a></em></strong></p>
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<br /><a href="https://www.newsweek.com/sports/mlb/red-sox-predicted-pursue-blockbuster-trade-71-million-ace-2023968">Source link </a></p>
<p>The post <a href="https://gqbritish.com/red-sox-predicted-to-pursue-blockbuster-trade-for-71-million-ace/">Red Sox Predicted To Pursue Blockbuster Trade For $71 Million Ace</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Paramount in Settlement Talks With Trump Over ‘60 Minutes’ Lawsuit</title>
<link>https://gqbritish.com/paramount-in-settlement-talks-with-trump-over-60-minutes-lawsuit/</link>
<comments>https://gqbritish.com/paramount-in-settlement-talks-with-trump-over-60-minutes-lawsuit/#respond</comments>
<dc:creator><![CDATA[Kim Browne]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 01:32:54 +0000</pubDate>
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<description><![CDATA[<p>When Donald J. Trump sued CBS for $10 billion days before the 2024 election, accusing the company of deceptively editing a “60 Minutes” interview with Vice President Kamala Harris, many legal experts dismissed the litigation as a far-fetched attempt to punish an out-of-favor news outlet. Now Mr. Trump is back in the White House, and…</p>
<p>The post <a href="https://gqbritish.com/paramount-in-settlement-talks-with-trump-over-60-minutes-lawsuit/">Paramount in Settlement Talks With Trump Over ‘60 Minutes’ Lawsuit</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<p class="css-at9mc1 evys1bk0">When Donald J. Trump sued CBS for $10 billion days before the 2024 election, accusing the company of deceptively editing a “60 Minutes” interview with Vice President Kamala Harris, many legal experts dismissed the litigation as a far-fetched attempt to punish an out-of-favor news outlet.</p>
<p class="css-at9mc1 evys1bk0">Now Mr. Trump is back in the White House, and many executives at CBS’s parent company, Paramount, believe that settling the lawsuit would increase the odds that the Trump administration does not block or delay their planned multibillion-dollar merger with another company, according to several people with knowledge of the matter.</p>
<p class="css-at9mc1 evys1bk0">Settlement discussions between representatives of Paramount and Mr. Trump are now underway, according to three people with knowledge of the talks. There is no assurance, though, that they will result in a deal, and it is unclear what the terms of any such deal might include.</p>
<p class="css-at9mc1 evys1bk0">Shari Redstone, Paramount’s controlling shareholder, strongly supports the effort to settle, according to two people with knowledge of her thinking. Ms. Redstone stands to clear billions of dollars on the sale of Paramount, the media empire founded by her father Sumner Redstone, in a deal with Skydance, an entertainment company backed by the billionaire Larry Ellison and run by his son David.</p>
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<p class="css-at9mc1 evys1bk0">A settlement would be an extraordinary concession by a major U.S. media company to a sitting president, especially in a case in which there is no evidence that the network got facts wrong or damaged the plaintiff’s reputation.</p>
<p class="css-at9mc1 evys1bk0">It could also cause an uproar within CBS News and among the “60 Minutes” staff. Journalists at the network have expressed deep concern about the notion of their parent company settling litigation that they consider tantamount to a politician’s standard-issue gripes about a news organization’s editorial judgment, according to several people familiar with internal discussions.</p>
<p class="css-at9mc1 evys1bk0">Edward Paltzik, Mr. Trump’s lawyer on the case, wrote in a statement on Thursday: “Real accountability for CBS and Paramount will ensure that the president is compensated for the harm done to him, and will deter the Fake News from further distorting the facts to advance a partisan agenda. President Trump looks forward to seeing this case through to a just conclusion.”</p>
<p class="css-at9mc1 evys1bk0">During the “60 Minutes” interview at the center of the lawsuit, which aired in October, the CBS correspondent Bill Whitaker asked Ms. Harris a question about the conflict in the Middle East.</p>
<p class="css-at9mc1 evys1bk0">In a preview of the interview that aired on “Face the Nation,” CBS’s Sunday morning show, Ms. Harris was shown giving a different answer than the one she gave in the version of the interview that was broadcast the next evening on “60 Minutes.”</p>
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<p class="css-at9mc1 evys1bk0">Mr. Trump’s team accused “60 Minutes” of selecting a more coherent quote from Ms. Harris for the prime-time telecast in order to boost her candidacy. CBS News said that Ms. Harris had given one lengthy answer to Mr. Whitaker’s question, and that the network followed standard journalistic practice by airing a different portion of her answer in prime-time<strong class="css-8qgvsz ebyp5n10"> </strong>because of time constraints.</p>
<p class="css-at9mc1 evys1bk0">“The interview was not doctored,” CBS News said <a class="css-yywogo" href="https://www.cbsnews.com/news/a-statement-from-60-minutes/" title="" rel="noopener noreferrer" target="_blank">in a statement</a> in October, adding that it “did not hide any part of” Ms. Harris’s answer. At the time, the network described Mr. Trump’s lawsuit as “completely without merit.”</p>
<p class="css-at9mc1 evys1bk0">Mr. Trump’s legal complaint relied on a largely untested interpretation of a Texas law that prohibits deceptive trade practices in things like marketing products to consumers. Among other objections to the lawsuit, CBS lawyers have noted that Mr. Trump’s standing to bring the suit in Texas was tenuous at best.</p>
<p class="css-at9mc1 evys1bk0">Regardless of the lawsuit’s merit, Mr. Trump’s administration wields leverage. Because Paramount owns broadcasting licenses, it needs the blessing of the Federal Communications Commission to complete its planned merger with Skydance.</p>
<p class="css-at9mc1 evys1bk0">People inside Paramount have been expecting the F.C.C., which is now led by a Trump appointee, Brendan Carr, to request that CBS News hand over an unedited transcript of its interview with Ms. Harris, according to people with knowledge of the plans. CBS had refused previous requests from Mr. Trump’s lawyers to release the transcript.</p>
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<p class="css-at9mc1 evys1bk0">Mr. Carr has said that the commission would<strong class="css-8qgvsz ebyp5n10"> </strong>probably look into the “60 Minutes” interview as part of its review of the Paramount<strong class="css-8qgvsz ebyp5n10"> </strong>merger.</p>
<p class="css-at9mc1 evys1bk0">Mr. Trump’s demonization of the news media is a centerpiece of his political rise, and he has repeatedly clashed with “60 Minutes,” which is the country’s most popular television news show. He declined to be interviewed by the program during last year’s presidential race. In 2020, Mr. Trump <a class="css-yywogo" href="https://www.nytimes.com/2020/10/20/us/politics/trump-lesley-stahl-60-minutes.html" title="">cut short</a> an interview with Lesley Stahl after becoming irritated with her questions; his campaign then <a class="css-yywogo" href="https://www.nytimes.com/2020/10/22/business/media/trump-pence-lesley-stahl-60-minutes.html" title="">posted unfiltered footage</a> from the interview online.</p>
<p class="css-at9mc1 evys1bk0">In recent months, “60 Minutes” has also faced scrutiny from Ms. Redstone herself, who complained to CBS executives about <a class="css-yywogo" href="https://www.cbsnews.com/video/us-gaza-policy-60-minutes-video-2025-01-12/" title="" rel="noopener noreferrer" target="_blank">a story</a> featuring State Department employees who expressed misgivings about the Biden administration’s handling of the war between Israel and Hamas, according to two people familiar with the matter. One day after the segment aired, CBS News installed a longtime producer, Susan Zirinsky, as an interim executive editor overseeing journalistic standards and practices.</p>
<p class="css-at9mc1 evys1bk0">The Wall Street Journal <a class="css-yywogo" href="https://www.wsj.com/business/media/cbs-owner-discusses-settling-trump-suit-with-merger-review-on-tap-a5916925" title="" rel="noopener noreferrer" target="_blank">earlier reported</a> that Paramount executives were discussing a possible settlement internally. If the company reaches such a deal, it would be at least the third major company in recent weeks to settle a lawsuit brought by Mr. Trump.</p>
<p class="css-at9mc1 evys1bk0">Last month, ABC News <a class="css-yywogo" href="https://www.nytimes.com/2024/12/14/business/media/trump-abc-settlement.html" title="">paid $15 million</a> to resolve Mr. Trump’s defamation lawsuit against the network and its anchor George Stephanopoulos, who had imprecisely said that the president had been found “liable for rape” in a civil trial in New York. (In fact, Mr. Trump had been found liable for sexual abuse.)</p>
<p class="css-at9mc1 evys1bk0">And on Wednesday, Meta, the parent company of Facebook and Instagram, said it had <a class="css-yywogo" href="https://www.nytimes.com/2025/01/29/technology/meta-trump-lawsuit-settlement.html" title="">agreed to</a> a $25 million settlement to resolve a lawsuit that Mr. Trump filed after the social networks suspended his accounts in 2021.</p>
<p class="css-798hid etfikam0">Benjamin Mullin<!-- --> and <!-- -->David Enrich<!-- --> contributed reporting.</p>
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<br /><a href="https://www.nytimes.com/2025/01/30/business/media/paramount-trump-cbs-news-settlement.html">Source link </a></p>
<p>The post <a href="https://gqbritish.com/paramount-in-settlement-talks-with-trump-over-60-minutes-lawsuit/">Paramount in Settlement Talks With Trump Over ‘60 Minutes’ Lawsuit</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Singapore shares rise at Friday’s open; STI up 1.1%</title>
<link>https://gqbritish.com/singapore-shares-rise-at-fridays-open-sti-up-1-1/</link>
<comments>https://gqbritish.com/singapore-shares-rise-at-fridays-open-sti-up-1-1/#respond</comments>
<dc:creator><![CDATA[Kim Browne]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 01:25:11 +0000</pubDate>
<category><![CDATA[Culture]]></category>
<category><![CDATA[Fridays]]></category>
<category><![CDATA[open]]></category>
<category><![CDATA[rise]]></category>
<category><![CDATA[shares]]></category>
<category><![CDATA[Singapore]]></category>
<category><![CDATA[STI]]></category>
<guid isPermaLink="false">https://gqbritish.com/singapore-shares-rise-at-fridays-open-sti-up-1-1/</guid>
<description><![CDATA[<p>SINGAPORE shares started trading in positive territory on Friday (Jan 31), mirroring activities in global markets. As at 9.01 am, the Straits Times Index (STI) opened 1.1 per cent or 42.16 points higher at 3,843.23. Across the broader market, gainers outnumbered losers 99 to 33 after 54.2 million securities worth S$121.5 million changed hands. Among…</p>
<p>The post <a href="https://gqbritish.com/singapore-shares-rise-at-fridays-open-sti-up-1-1/">Singapore shares rise at Friday’s open; STI up 1.1%</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
]]></description>
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<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">SINGAPORE shares started trading in positive territory on Friday (Jan 31), mirroring activities in global markets. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">As at 9.01 am, the Straits Times Index (STI) opened 1.1 per cent or 42.16 points higher at 3,843.23. Across the broader market, gainers outnumbered losers 99 to 33 after 54.2 million securities worth S$121.5 million changed hands. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Among the actively traded counters by volume was <!-- -->Yangzijiang Financial<!-- -->, which rose 1.1 per cent or S$0.005 to S$0.46, after nine million shares changed hands. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Shares of <!-- -->Singtel <!-- -->rose 1.8 per cent or S$0.06 to S$3.32. Units of <!-- -->CapitaLand Integrated Commercial Trust <!-- -->were up 1 per cent or S$0.02 to S$1.96. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Banking stocks were trading in positive territory. <!-- -->DBS <!-- -->advanced 1.7 per cent or S$0.72 to S$44.45. <!-- -->UOB <!-- -->was up 1.5 per cent or S$0.55 at S$37.42. <!-- -->OCBC<!-- --> gained 1.2 per cent or S$0.21 to S$17.25. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Wall Street stocks <a href="https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-indexes-end-higher-investors-weigh-key-corporate-earnings" target="_blank" rel="noopener noreferrer nofollow">ended higher on Thursday</a>, with the S&P 500 gaining 31.86 points or 0.5 per cent to end at 6,071.17. The Nasdaq Composite gained 49.43 points or 0.3 per cent to 19,681.75 and the Dow Jones Industrial Average rose 168.61 points or 0.4 per cent to 44,882.13.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">In Europe, stocks<a href="https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/europe-stoxx-600-closes-record-high-after-ecb-cuts-interest-rates" target="_blank" rel="noopener noreferrer nofollow"> closed at a record high</a>, led by real estate counters. The pan-European Stoxx 600 closed 0.9 per cent higher at 538.84, logging its tenth advance in the past 12 sessions. </p>
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<p class="mb-0 font-public-sans text-xs tracking-normal">Copyright SPH Media. All rights reserved.</p>
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<p><br />
<br /><a href="https://www.businesstimes.com.sg/companies-markets/singapore-shares-rise-fridays-open-sti-1-1">Source link </a></p>
<p>The post <a href="https://gqbritish.com/singapore-shares-rise-at-fridays-open-sti-up-1-1/">Singapore shares rise at Friday’s open; STI up 1.1%</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Passenger refuses to swap seats for family, faces flight attendant backlash</title>
<link>https://gqbritish.com/passenger-refuses-to-swap-seats-for-family-faces-flight-attendant-backlash/</link>
<comments>https://gqbritish.com/passenger-refuses-to-swap-seats-for-family-faces-flight-attendant-backlash/#respond</comments>
<dc:creator><![CDATA[Kevin Harson]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 01:05:01 +0000</pubDate>
<category><![CDATA[Lifestyle]]></category>
<category><![CDATA[Attendant]]></category>
<category><![CDATA[Backlash]]></category>
<category><![CDATA[Faces]]></category>
<category><![CDATA[family]]></category>
<category><![CDATA[flight]]></category>
<category><![CDATA[flight attendant]]></category>
<category><![CDATA[Flights]]></category>
<category><![CDATA[Passenger]]></category>
<category><![CDATA[plane seats]]></category>
<category><![CDATA[Refuses]]></category>
<category><![CDATA[Seats]]></category>
<category><![CDATA[swap]]></category>
<guid isPermaLink="false">https://gqbritish.com/passenger-refuses-to-swap-seats-for-family-faces-flight-attendant-backlash/</guid>
<description><![CDATA[<p>An incredulous passenger is calling out airplane seat-swappers after their refusal apparently led to a backlash from other travelers and a flight attendant. The clap back, described by original poster (OP) JazzyJayKarr, provoked mixed reactions from Reddit users this week, although several had their own tense exchanges to share. The OP said they boarded the…</p>
<p>The post <a href="https://gqbritish.com/passenger-refuses-to-swap-seats-for-family-faces-flight-attendant-backlash/">Passenger refuses to swap seats for family, faces flight attendant backlash</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<content:encoded><![CDATA[<p> <br />
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<p>An incredulous <a href="https://www.newsweek.com/topic/passenger" target="_blank" rel="noopener" class="multivariate">passenger</a> is calling out <a href="https://www.newsweek.com/topic/airplane" target="_blank" rel="noopener" class="multivariate">airplane</a> seat-swappers after their refusal apparently led to a backlash from other <a href="https://www.newsweek.com/travel" target="_blank" rel="noopener" class="multivariate">travelers</a> and a <a href="https://www.newsweek.com/topic/flight-attendant" target="_blank" rel="noopener" class="multivariate">flight attendant</a>.</p>
<p>The clap back, described by original poster (OP) JazzyJayKarr, provoked mixed reactions from <a href="https://www.reddit.com/r/mildlyinfuriating/comments/1id2awh/seating_bs_on_airplanes/" target="_blank" rel="noopener nofollow" class="multivariate">Reddit</a> users this week, although several had their own tense exchanges to share.</p>
<p>The OP said they boarded the plane only to find someone already sitting in their assigned window seat. When they pointed it out, the man checked his ticket and realized he was supposed to be seated in a middle seat toward the front.</p>
<h3>Spanish Remarks Understood</h3>
<p>Before moving, he asked the OP if they would like to switch. They declined, having specifically chosen and paid extra for their window seat.</p>
<p>Other passengers sitting nearby began speaking in <a href="https://www.newsweek.com/topic/spanish" target="_blank" rel="noopener" class="multivariate">Spanish</a>, assuming the OP didn’t understand. According to the post, they made comments such as, “I wouldn’t mind a middle seat,” implying that refusing the switch was unreasonable.</p>
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<div class="innerBox ar23-innerBox" style="height:0;padding-bottom:75%">
<picture class="mapping-embed" width="1200" height="900"><source type="image/webp" media="(min-width: 992px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.webp?w=790&f=3ddce22c8ae735ddc6af315db77e92b5 1x"><source type="image/jpeg" media="(min-width: 992px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.jpg?w=790&f=3ddce22c8ae735ddc6af315db77e92b5 1x"><source type="image/webp" media="(min-width: 768px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.webp?w=900&f=e1fabd291238788cd610dee614950a2c 1x"><source type="image/jpeg" media="(min-width: 768px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.jpg?w=900&f=e1fabd291238788cd610dee614950a2c 1x"><source type="image/webp" media="(min-width: 481px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.webp?w=790&f=3ddce22c8ae735ddc6af315db77e92b5 1x"><source type="image/jpeg" media="(min-width: 481px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.jpg?w=790&f=3ddce22c8ae735ddc6af315db77e92b5 1x"><source type="image/webp" media="(min-width: 0px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.webp?w=450&f=318628c2e9cd575d3145015bccd36cc4 1x"><source type="image/jpeg" media="(min-width: 0px)" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.jpg?w=450&f=318628c2e9cd575d3145015bccd36cc4 1x"><source type="image/webp" srcset="https://d.newsweek.com/en/full/2551146/passengers-seated-plane.webp?w=1200&f=be9e457311b3d2a4406accf89ac45735"></source></source></source></source></source></source></source></source></source></picture></div><figcaption class="caption ar23-caption">
<span class="cap" id="short-cap-description">Stock image: Passengers seated on a plane.</span><br />
<span class="cap" id="full-cap-description" style="display: none;">Stock image: Passengers seated on a plane.</span><br />
<span class="credit ar23-credit">iStock / Getty Images Plus</span><br />
</figcaption></figure>
<p>The situation escalated when another dispute over seating broke out nearby.</p>
<p>Some, “10 minutes later, another dude gets mad at someone for taking people’s seats trying to get a window view,” the OP wrote.</p>
<p>Shortly after, a flight attendant approached and asked if they were traveling alone. When the user confirmed, they were asked if they would be willing to switch seats so a young girl could sit with her parents.</p>
<p>Again, they refused.</p>
<h3>‘Happens way too often’</h3>
<p>“I’m already situated, I’m not moving, and I paid extra to be able to choose my seat,” they responded.</p>
<p>The flight attendant reacted negatively, claiming they were being rude and giving her “lip” for not answering nicely.</p>
<p>Frustrated, the OP turned to <a href="https://www.newsweek.com/topic/reddit" target="_blank" rel="noopener" class="multivariate">Reddit</a> to vent, asking, “What is wrong with these people? Just sit where you are supposed to sit. Holy cow.</p>
<p>“This happens way too often and it’s so stupid.”</p>
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<p>The issue of seat-swapping on <a href="https://www.newsweek.com/topic/flights" target="_blank" rel="noopener" class="multivariate">flights</a> is hotly debated by travelers.</p>
<p>A similar incident covered by <em><a href="https://www.newsweek.com/plane-passenger-stunned-reason-flight-attendant-forced-them-switch-seats-2020402" target="_blank" rel="noopener" class="multivariate">Newsweek</a></em> featured a passenger who was asked to move for a <a href="https://www.newsweek.com/topic/family" target="_blank" rel="noopener" class="multivariate">family</a>, only to be relocated to a much worse seat.</p>
<p>Another case, also reported by <em><a href="https://www.newsweek.com/plane-passenger-offers-switch-seats-so-family-can-sit-together-theres-problem-2018347" target="_blank" rel="noopener" class="multivariate">Newsweek</a></em>, involved a traveler who voluntarily switched seats to accommodate a family, only to be placed in an undesirable location as well.</p>
<h3>Switch-Seat Strategy</h3>
<p>A frequent flyer shared their strategy of only agreeing to switch seats if they are guaranteed a comparable one.</p>
<p>“As a <a href="https://www.newsweek.com/topic/height" target="_blank" rel="noopener" class="multivariate">taller</a> guy, I always try to get a plus seat and the aisle. It’s not much, but it helps to keep my knees from hitting the seat in front of me, or people reclining from hitting my knees,” the flyer noted.</p>
<p>“Middle seats and window seats are a nightmare. That said, I have only switched once to allow a really young <a href="https://www.newsweek.com/topic/child" target="_blank" rel="noopener" class="multivariate">child</a> to sit next to her <a href="https://www.newsweek.com/family-parenting" target="_blank" rel="noopener" class="multivariate">parents</a>.”</p>
<figure class="block block-ibtg-article fA" data-gtm-category="Related In-Text A" data-gtm-action="Click">
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<h3><span style="color: black;">Mixed Reactions</span></h3>
<p>Many Reddit users backed the OP’s decision to keep their seat, arguing that assigned seating should be respected. However, others felt that refusing to move for a child was unfair, even if the request was inconvenient.</p>
<p>An individual appreciated the frustration of paying for an upgraded seat only to be pressured into giving it up: “You paid extra for that seat. You don’t owe anyone an explanation for wanting to sit in it,” they wrote.</p>
<p>Others argued that while families should plan ahead and book seats together, there are situations where accommodating a child is reasonable.</p>
<p>However, they emphasized that passengers should never be forced or guilt-tripped into moving, particularly when they have paid for their seat selection.</p>
<h3>Any Incentive?</h3>
<p>In the thread, the OP admitted they thought about asking if there was an incentive available to switch seats, but they decided to just refuse.</p>
<p>“I don’t really know what they could have actually offered me to make the change,” the OP added.</p>
<p><em>Newsweek</em> has contacted JazzyJayKarr for comment via <a href="https://www.newsweek.com/topic/reddit" target="_blank" rel="noopener" class="multivariate">Reddit</a>.</p>
<p><a href="https://www.newsweek.com/wsid" target="_blank" rel="noopener" class="multivariate"><em>Newsweek</em>‘s “What Should I Do?”</a> offers expert advice to readers. If you have a personal dilemma, let us know via <a href="https://www.newsweek.com/mailto:life@newsweek.com" target="_blank" rel="noopener" class="multivariate">life@newsweek.com</a>. We can ask experts for advice on relationships, family, friends, money and work, and your story could be featured on WSID at <em>Newsweek.</em></p>
<p>To read how <em>Newsweek</em> uses AI as a newsroom tool, click <a href="https://www.newsweek.com/editorial-guidelines" target="_blank" rel="noopener" class="multivariate">here</a>.</p>
</p></div>
<p><br />
<br /><a href="https://www.newsweek.com/plane-passenger-refuses-swap-seats-family-faces-backlash-flight-attendant-2023629">Source link </a></p>
<p>The post <a href="https://gqbritish.com/passenger-refuses-to-swap-seats-for-family-faces-flight-attendant-backlash/">Passenger refuses to swap seats for family, faces flight attendant backlash</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>FCC opens probe into whether NPR, PBS stations are breaking law by 'airing commercials'</title>
<link>https://gqbritish.com/fcc-opens-probe-into-whether-npr-pbs-stations-are-breaking-law-by-airing-commercials/</link>
<comments>https://gqbritish.com/fcc-opens-probe-into-whether-npr-pbs-stations-are-breaking-law-by-airing-commercials/#respond</comments>
<dc:creator><![CDATA[Swedan Margen]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:46:57 +0000</pubDate>
<category><![CDATA[Politics]]></category>
<category><![CDATA[039airing]]></category>
<category><![CDATA[breaking]]></category>
<category><![CDATA[commercials039]]></category>
<category><![CDATA[FCC]]></category>
<category><![CDATA[Law]]></category>
<category><![CDATA[NPR]]></category>
<category><![CDATA[Opens]]></category>
<category><![CDATA[PBS]]></category>
<category><![CDATA[probe]]></category>
<category><![CDATA[stations]]></category>
<guid isPermaLink="false">https://gqbritish.com/fcc-opens-probe-into-whether-npr-pbs-stations-are-breaking-law-by-airing-commercials/</guid>
<description><![CDATA[<p>Federal Communications Commission Chairman Brendan Carr has ordered an investigation into National Public Radio and the Public Broadcasting Service over concerns about promoting sponsors, a probe that may influence the debate over taxpayer funding of public media. Source link</p>
<p>The post <a href="https://gqbritish.com/fcc-opens-probe-into-whether-npr-pbs-stations-are-breaking-law-by-airing-commercials/">FCC opens probe into whether NPR, PBS stations are breaking law by 'airing commercials'</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<br /><br />Federal Communications Commission Chairman Brendan Carr has ordered an investigation into National Public Radio and the Public Broadcasting Service over concerns about promoting sponsors, a probe that may influence the debate over taxpayer funding of public media.<br />
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<br /><a href="https://www.washingtontimes.com/news/2025/jan/30/brendan-carr-orders-fcc-probe-npr-pbs-stations-und/?utm_source=RSS_Feed&utm_medium=RSS">Source link </a></p>
<p>The post <a href="https://gqbritish.com/fcc-opens-probe-into-whether-npr-pbs-stations-are-breaking-law-by-airing-commercials/">FCC opens probe into whether NPR, PBS stations are breaking law by 'airing commercials'</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Senate confirms Doug Burgum to head Interior Department</title>
<link>https://gqbritish.com/senate-confirms-doug-burgum-to-head-interior-department/</link>
<comments>https://gqbritish.com/senate-confirms-doug-burgum-to-head-interior-department/#respond</comments>
<dc:creator><![CDATA[Swedan Margen]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:33:33 +0000</pubDate>
<category><![CDATA[Politics]]></category>
<category><![CDATA[Burgum]]></category>
<category><![CDATA[Confirms]]></category>
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<category><![CDATA[interior]]></category>
<category><![CDATA[Senate]]></category>
<guid isPermaLink="false">https://gqbritish.com/senate-confirms-doug-burgum-to-head-interior-department/</guid>
<description><![CDATA[<p>The Senate on Thursday evening confirmed President Trump’s primary rival-turned-ally Doug Burgum to serve as interior secretary. Source link</p>
<p>The post <a href="https://gqbritish.com/senate-confirms-doug-burgum-to-head-interior-department/">Senate confirms Doug Burgum to head Interior Department</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
]]></description>
<content:encoded><![CDATA[<p> <br />
<br /><br />The Senate on Thursday evening confirmed President Trump’s primary rival-turned-ally Doug Burgum to serve as interior secretary.<br />
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<br /><a href="https://www.washingtontimes.com/news/2025/jan/30/senate-confirms-doug-burgum-head-interior-departme/?utm_source=RSS_Feed&utm_medium=RSS">Source link </a></p>
<p>The post <a href="https://gqbritish.com/senate-confirms-doug-burgum-to-head-interior-department/">Senate confirms Doug Burgum to head Interior Department</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>US Steel posts muted quarterly results amid Nippon deal snag</title>
<link>https://gqbritish.com/us-steel-posts-muted-quarterly-results-amid-nippon-deal-snag/</link>
<comments>https://gqbritish.com/us-steel-posts-muted-quarterly-results-amid-nippon-deal-snag/#respond</comments>
<dc:creator><![CDATA[Swedan Margen]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:33:03 +0000</pubDate>
<category><![CDATA[Fashion]]></category>
<category><![CDATA[Deal]]></category>
<category><![CDATA[Muted]]></category>
<category><![CDATA[Nippon]]></category>
<category><![CDATA[Posts]]></category>
<category><![CDATA[quarterly]]></category>
<category><![CDATA[Results]]></category>
<category><![CDATA[snag]]></category>
<category><![CDATA[Steel]]></category>
<guid isPermaLink="false">https://gqbritish.com/us-steel-posts-muted-quarterly-results-amid-nippon-deal-snag/</guid>
<description><![CDATA[<p>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…</p>
<p>The post <a href="https://gqbritish.com/us-steel-posts-muted-quarterly-results-amid-nippon-deal-snag/">US Steel posts muted quarterly results amid Nippon deal snag</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">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.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">US Steel is attempting to salvage an about US$15 billion sale to Nippon Steel and navigate rivals Cleveland-Cliffs and Nucor vying for a shot at a takeover.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Activist investor Ancora has nominated nine candidates to US Steel’s board of directors, as it looks to oust its CEO David Burritt and push the company to pull the deal with Nippon.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">On an adjusted basis, the company lost 13 cents per share during the quarter ended Dec 31, in line with analysts’ estimates, according to data compiled by LSEG.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The company’s overall quarterly revenue fell 15 per cent to US$3.5 billion from a year ago, but met estimates. REUTERS</p>
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<br /><a href="https://www.businesstimes.com.sg/companies-markets/us-steel-posts-muted-quarterly-results-amid-nippon-deal-snag">Source link </a></p>
<p>The post <a href="https://gqbritish.com/us-steel-posts-muted-quarterly-results-amid-nippon-deal-snag/">US Steel posts muted quarterly results amid Nippon deal snag</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks</title>
<link>https://gqbritish.com/singtels-optus-secures-a1-95-billion-in-credit-facility-with-12-banks/</link>
<comments>https://gqbritish.com/singtels-optus-secures-a1-95-billion-in-credit-facility-with-12-banks/#respond</comments>
<dc:creator><![CDATA[Kim Browne]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:21:12 +0000</pubDate>
<category><![CDATA[Culture]]></category>
<category><![CDATA[A1.95]]></category>
<category><![CDATA[Banks]]></category>
<category><![CDATA[Billion]]></category>
<category><![CDATA[credit]]></category>
<category><![CDATA[facility]]></category>
<category><![CDATA[Optus]]></category>
<category><![CDATA[secures]]></category>
<category><![CDATA[Singtels]]></category>
<guid isPermaLink="false">https://gqbritish.com/singtels-optus-secures-a1-95-billion-in-credit-facility-with-12-banks/</guid>
<description><![CDATA[<p>SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general corporate purposes. The banks included Australia and New Zealand Banking Group, Bank of China in Sydney, OCBC, DBS’ Australia branch and UOB’s Sydney branch. The…</p>
<p>The post <a href="https://gqbritish.com/singtels-optus-secures-a1-95-billion-in-credit-facility-with-12-banks/">Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
]]></description>
<content:encoded><![CDATA[<p> <br />
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<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general corporate purposes. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The banks included Australia and New Zealand Banking Group, Bank of China in Sydney, OCBC, DBS’ Australia branch and UOB’s Sydney branch. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The facility is guaranteed by Optus Finance’s parent company, Singtel Optus, and some of its subsidiaries, said the telecommunications giant on Friday (Jan 31). </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">In November last year, Optus was <a href="https://www.businesstimes.com.sg/companies-markets/singtel-owned-optus-fined-12-million-australian-regulator-over-emergency-services-outage" target="_blank" rel="noopener noreferrer nofollow">fined A$12 million</a> for failing to provide emergency call services to thousands of people during a nationwide outage in 2023. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The Australian Communications and Media Authority revealed that more than 2,000 customers could not access the emergency call service during the outage. The telecom carrier also failed to check up on more than 360 of those customers once the outage was resolved, said the regulator. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">In October 2024, Optus was <a href="https://www.businesstimes.com.sg/companies-markets/australian-consumer-regulator-sues-singtels-optus-over-alleged-sales-misconduct" target="_blank" rel="noopener noreferrer nofollow">sued by the Australian Competition and Consumer Commission</a> (ACCC) over alleged sales misconduct. </p>
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<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">ACCC said Optus had purportedly sold mobile phones and plans to vulnerable customers, which included those with diminished cognitive capacity and learning disability. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">The case concerned allegations that Optus engaged in improper sales practices, including reportedly hiring debt collectors to pursue customers despite being aware that their contracts were fraudulently created.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">ACCC is pursuing penalties, consumer redress, a compliance programme and costs from Optus. </p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Optus has been struggling to restore its reputation after a cyberattack in September 2022 compromised the data of more than a million customers, prompting nationwide demands for stricter privacy regulations.</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Shares of <!-- -->Singtel<!-- --> closed 1.9 per cent or S$0.06 higher at S$3.26 on Tuesday. </p>
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<p><br />
<br /><a href="https://www.businesstimes.com.sg/companies-markets/singtels-optus-secures-1-95-billion-credit-facility-12-banks">Source link </a></p>
<p>The post <a href="https://gqbritish.com/singtels-optus-secures-a1-95-billion-in-credit-facility-with-12-banks/">Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Latest round of Gaza hostage-prisoner exchanges carried out</title>
<link>https://gqbritish.com/latest-round-of-gaza-hostage-prisoner-exchanges-carried-out/</link>
<comments>https://gqbritish.com/latest-round-of-gaza-hostage-prisoner-exchanges-carried-out/#respond</comments>
<dc:creator><![CDATA[Cosmo Politan Canada]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:14:25 +0000</pubDate>
<category><![CDATA[Business]]></category>
<category><![CDATA[carried]]></category>
<category><![CDATA[exchanges]]></category>
<category><![CDATA[Gadi Moses]]></category>
<category><![CDATA[gaza]]></category>
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<category><![CDATA[Khan Yunis]]></category>
<category><![CDATA[latest]]></category>
<category><![CDATA[Palestinian prisoners]]></category>
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<category><![CDATA[yahya sinwar]]></category>
<guid isPermaLink="false">https://gqbritish.com/latest-round-of-gaza-hostage-prisoner-exchanges-carried-out/</guid>
<description><![CDATA[<p>The latest round of exchanges of hostages from the Gaza Strip for Palestinian prisoners was carried out with Israel on Thursday. Buses carrying Palestinian prisoners released under the ceasefire agreement between Israel and the Palestinian militant organization Hamas left Israel’s Ofer Prison in the West Bank on Thursday afternoon after a delay. Many of those…</p>
<p>The post <a href="https://gqbritish.com/latest-round-of-gaza-hostage-prisoner-exchanges-carried-out/">Latest round of Gaza hostage-prisoner exchanges carried out</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<content:encoded><![CDATA[<p> <br />
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<p class="mb-4 text-lg md:leading-8 break-words">The latest round of exchanges of hostages from the Gaza Strip for Palestinian prisoners was carried out with Israel on Thursday.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Buses carrying Palestinian prisoners released under the ceasefire agreement between Israel and the Palestinian militant organization Hamas left Israel’s Ofer Prison in the West Bank on Thursday afternoon after a delay.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Many of those freed have reportedly arrived in the West Bank. In Ramallah, 66 Palestinians were received by their relatives, Palestinian media reported.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Israel was expected to release 110 jailed Palestinians in total in exchange for the handover earlier on the day of eight hostages – three Israelis and five Thais – held by militants in the Gaza Strip since October 7, 2023.</p>
<p class="mb-4 text-lg md:leading-8 break-words">The released Palestinian prisoners included at least 30 convicted murderers, as well as some women and minors.</p>
<p class="mb-4 text-lg md:leading-8 break-words">While some of them were to be taken to the Gaza Strip, several others are to be sent abroad under the agreement because of the severity of their crimes.</p>
<p class="mb-4 text-lg md:leading-8 break-words">All the released hostages meanwhile were handed over to the Israeli army and first brought to a meeting with their parents on Israeli territory. They were subsequently flown by helicopter to hospital.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Israeli Prime Minister Benjamin Netanyahu had paused the release of the Palestinian prisoners after disorder broke out at one of the hostage handovers in the southern Gaza Strip city of Khan Younis.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Broadcasters showed Arbel Yehud, a 29-year-old woman, and Gadi Moses, an 80-year-old man, struggling to make their way through the densely-packed crowd of chanting people and to the waiting Red Cross vehicles.</p>
<p class="mb-4 text-lg md:leading-8 break-words">“I view with utmost severity the shocking scenes during the release of our hostages,” Netanyahu said in a statement as he paused the reciprocal release of the Palestinians.</p>
<p class="mb-4 text-lg md:leading-8 break-words">A short time later he announced that he had received assurances about the safety of the hostage handovers going forward, paving the way for the release of the Palestinians.</p>
<p class="mb-4 text-lg md:leading-8 break-words">This marks the third round of releases since an initial six-week truce between Israel and the Palestinian militant group Hamas in Gaza went into effect on January 19.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Israeli soldier Agam Berger, 20, was the first to be handed over to the International Committee of the Red Cross (ICRC). Her transfer took place amid the ruins of the Jabalia urban refugee camp in northern Gaza.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Berger, likely acting under duress, waved to a crowd from a stage she was placed on. Berger’s family in Israel watched the ceremony on television and reacted with enthusiastic cheers to seeing her.</p>
<p class="mb-4 text-lg md:leading-8 break-words">A crowed of people also celebrated and waved Israeli flags at what has become known as “Hostage Square” in Tel Aviv.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Hours later, Israeli authorities confirmed that five Thai nationals and two German-Israelis, Yehud and Moses, were released. Both of the German-Israelis are civilians.</p>
<p class="mb-4 text-lg md:leading-8 break-words">These seven were released to aid workers in the southern Gaza Strip city of Khan Younis.</p>
<p class="mb-4 text-lg md:leading-8 break-words"><strong>Threatening scenes during hostage release</strong></p>
<p class="mb-4 text-lg md:leading-8 break-words">Broadcaster Al Jazeera showed chaotic scenes of Yehud and Moses struggling to make their way through the densely-packed crowed of shouting people and to the waiting ICRC vehicles.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Many Palestinians attempted to photograph the woman with their mobile phones. Masked and armed militants accompanied and protected them. A fighter held the hand of the woman, who appeared frightened.</p>
<p class="mb-4 text-lg md:leading-8 break-words">The handover “ceremony” took place next to the destroyed house of Hamas leader Yehya al-Sinwar, who had led the militant group in Gaza until he was killed by Israeli forces in October.</p>
<p class="mb-4 text-lg md:leading-8 break-words">“This is further evidence of the unimaginable cruelty of the terrorist organization Hamas,” Netanyahu said, according to his office.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Israeli President Isaac Herzog spoke of “scenes of abuse and terror.” Nevertheless, he said the return of all eight hostages from captivity brought tears to his eyes.</p>
<p class="mb-4 text-lg md:leading-8 break-words">German leaders reacted with relief to the release. “Arbel Yehud and Gadi Moses are free, both German-Israeli citizens,” Chancellor Olaf Scholz wrote on the platform X. “We are relieved and glad for all the hostages who returned today.”</p>
<p class="mb-4 text-lg md:leading-8 break-words">A similar sentiment was expressed by German Foreign Minister Annalena Baerbock and President Frank-Walter Steinmeier.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Yehud was abducted from her house in the Nir Oz kibbutz on October 7, 2023, along with her boyfriend. The woman’s brother, who also lived in Nir Oz, was killed during the attack.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Before their release, the Palestinian Islamic Jihad militant group released a video of Yehud smiling and embracing Moses.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Moses was also abducted from Nir Oz. His partner was killed in the massacre.</p>
<p class="mb-4 text-lg md:leading-8 break-words"><strong>Palestinian prisoners include more than 30 lifers</strong></p>
<p class="mb-4 text-lg md:leading-8 break-words">Of the 110 Palestinian prisoners who were to be exchanged for the three Israeli hostages, more than 30 had been sentenced to life imprisonment.</p>
<p class="mb-4 text-lg md:leading-8 break-words">They included Zakaria Zubeidi, who during the Second Palestinian Intifada was a commander of the military wing of the Fatah movement in Jenin, in the northern West Bank.</p>
<p class="mb-4 text-lg md:leading-8 break-words">During the period between 2000 and 2005, around 3,500 Palestinians were killed, with more than 1,000 Israelis losing their lives in attacks by Palestinians.</p>
<p class="mb-4 text-lg md:leading-8 break-words">The Times of Israel reported that Zubeidi received a hero’s welcome as he arrived in the West Bank on Thursday.</p>
<p class="mb-4 text-lg md:leading-8 break-words">According to media reports, Mahmoud Atallah, who is serving a life sentence plus 15 years for the murder of a Palestinian woman accused of collaborating with Israel, was also to be released.</p>
<p class="mb-4 text-lg md:leading-8 break-words">No Palestinian prisoners were to be released for the five Thai hostages. Israeli media reported they were freed under a separate agreement between Hamas and Thailand.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Militants from Hamas and other extremist groups killed around 1,200 people and abducted more than 250 Israelis as hostages to the Gaza Strip during their assault on Israel in October 2023.</p>
<p class="mb-4 text-lg md:leading-8 break-words">The attack was the trigger for the war in the besieged coastal area, where, according to the Hamas-controlled health authority, more than 47,400 people have been killed since. The figures do not distinguish between civilians and combatants.</p>
<p class="mb-4 text-lg md:leading-8 break-words"><strong>Ceasefire and exchange of hostages and prisoners</strong></p>
<p class="mb-4 text-lg md:leading-8 break-words">The ceasefire agreement, which came into effect on January 19, states that in an initial phase, 33 hostages are to be released in exchange for 1,904 Palestinian prisoners over six weeks: Seven hostages were freed in the past two weekends.</p>
<p class="mb-4 text-lg md:leading-8 break-words">Hamas recently announced that eight of the 33 hostages were dead, without specifying which hostages these were.</p>
<p class="mb-4 text-lg md:leading-8 break-words">The fate of a mother and her two small children, who were also abducted to the Gaza Strip and were to be released in the first phase, remains uncertain.</p>
<p class="mb-4 text-lg md:leading-8 break-words">According to Israeli reports, around 80 hostages remain in the Gaza Strip. Three more of them are to be freed on Saturday.</p>
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<div class="relative"><button aria-label="View larger image" class="group absolute bottom-3 right-3 size-10 md:size-[50px] lg:inset-0 lg:size-full lg:bg-transparent" data-ylk="elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;"><span class="absolute bottom-0 right-0 rounded-full bg-white p-3 opacity-100 shadow-elevation-3 transition-opacity duration-300 group-hover:block group-hover:opacity-100 md:p-[17px] lg:bottom-6 lg:right-6 lg:bg-white/90 lg:p-5 lg:opacity-0 lg:shadow-none"><svg viewbox="0 0 22 22" aria-hidden="true" class="size-4 lg:size-6" width="22" height="22"><path d="M12.372.92c0-.506.41-.916.915-.916L21 0l-.004 7.712a.917.917 0 0 1-1.832 0V3.183l-6.827 6.828-1.349-1.348 6.828-6.828h-4.529a.915.915 0 0 1-.915-.915M1.835 17.816l6.828-6.828 1.349 1.349-6.829 6.827h4.529a.915.915 0 0 1 0 1.831L0 21l.004-7.713a.916.916 0 0 1 1.831 0z"/></svg></span></button><dialog aria-label="Modal Dialog" aria-modal="true" class="fixed inset-0 z-[4] size-full max-h-none max-w-none bg-white hidden"/></div><figcaption class="relative text-sm mt-1 pr-2.5">
<p>Palestinian Islamic Jihad fighters and Red Cross teams stand at the site of the hand over of the Israeli and Thai hostages, as part of the latest hostages-prisoners exchange between Israel and Hamas, in front of the slain Hamas leader Yahya Sinwar’s house in Khan Yunis. Abed Rahim Khatib/dpa</p>
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<div class="relative"><img alt="Fighters from the Islamic Jihad and Qassam Brigades, the military wing of Hamas, control the crowd during the hand over of the Israeli and Thai hostages to the Red Cross teams, as part of the latest hostages-prisoners exchange between Israel and Hamas, in front of the slain Hamas leader Yahya Sinwar's house in Khan Yunis. Abed Rahim Khatib/dpa" loading="lazy" width="800" height="533" decoding="async" data-nimg="1" class="rounded-lg no-lazyload" style="color:transparent" src="https://s.yimg.com/ny/api/res/1.2/Qz_yd66abxNTJhxHY0cn.g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/dpa_international_526/441de38e435382f368241151e4569111"/><button aria-label="View larger image" class="group absolute bottom-3 right-3 size-10 md:size-[50px] lg:inset-0 lg:size-full lg:bg-transparent" data-ylk="elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;"><span class="absolute bottom-0 right-0 rounded-full bg-white p-3 opacity-100 shadow-elevation-3 transition-opacity duration-300 group-hover:block group-hover:opacity-100 md:p-[17px] lg:bottom-6 lg:right-6 lg:bg-white/90 lg:p-5 lg:opacity-0 lg:shadow-none"><svg viewbox="0 0 22 22" aria-hidden="true" class="size-4 lg:size-6" width="22" height="22"><path d="M12.372.92c0-.506.41-.916.915-.916L21 0l-.004 7.712a.917.917 0 0 1-1.832 0V3.183l-6.827 6.828-1.349-1.348 6.828-6.828h-4.529a.915.915 0 0 1-.915-.915M1.835 17.816l6.828-6.828 1.349 1.349-6.829 6.827h4.529a.915.915 0 0 1 0 1.831L0 21l.004-7.713a.916.916 0 0 1 1.831 0z"/></svg></span></button><dialog aria-label="Modal Dialog" aria-modal="true" class="fixed inset-0 z-[4] size-full max-h-none max-w-none bg-white hidden"/></div><figcaption class="relative text-sm mt-1 pr-2.5">
<p>Fighters from the Islamic Jihad and Qassam Brigades, the military wing of Hamas, control the crowd during the hand over of the Israeli and Thai hostages to the Red Cross teams, as part of the latest hostages-prisoners exchange between Israel and Hamas, in front of the slain Hamas leader Yahya Sinwar’s house in Khan Yunis. Abed Rahim Khatib/dpa</p>
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<div class="relative"><img alt="Fighters from the Islamic Jihad and Qassam Brigades, the military wing of Hamas, control the crowd during the hand over of the Israeli and Thai hostages to the Red Cross teams, as part of the latest hostages-prisoners exchange between Israel and Hamas, in front of the slain Hamas leader Yahya Sinwar's house in Khan Yunis. Abed Rahim Khatib/dpa" loading="lazy" width="800" height="533" decoding="async" data-nimg="1" class="rounded-lg no-lazyload" style="color:transparent" src="https://s.yimg.com/ny/api/res/1.2/r0YyHE7_GiZqAhzszHcDRw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/dpa_international_526/a550dfaa5f7ea1e491d6834fd6513867"/><button aria-label="View larger image" class="group absolute bottom-3 right-3 size-10 md:size-[50px] lg:inset-0 lg:size-full lg:bg-transparent" data-ylk="elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;"><span class="absolute bottom-0 right-0 rounded-full bg-white p-3 opacity-100 shadow-elevation-3 transition-opacity duration-300 group-hover:block group-hover:opacity-100 md:p-[17px] lg:bottom-6 lg:right-6 lg:bg-white/90 lg:p-5 lg:opacity-0 lg:shadow-none"><svg viewbox="0 0 22 22" aria-hidden="true" class="size-4 lg:size-6" width="22" height="22"><path d="M12.372.92c0-.506.41-.916.915-.916L21 0l-.004 7.712a.917.917 0 0 1-1.832 0V3.183l-6.827 6.828-1.349-1.348 6.828-6.828h-4.529a.915.915 0 0 1-.915-.915M1.835 17.816l6.828-6.828 1.349 1.349-6.829 6.827h4.529a.915.915 0 0 1 0 1.831L0 21l.004-7.713a.916.916 0 0 1 1.831 0z"/></svg></span></button><dialog aria-label="Modal Dialog" aria-modal="true" class="fixed inset-0 z-[4] size-full max-h-none max-w-none bg-white hidden"/></div><figcaption class="relative text-sm mt-1 pr-2.5">
<p>Fighters from the Islamic Jihad and Qassam Brigades, the military wing of Hamas, control the crowd during the hand over of the Israeli and Thai hostages to the Red Cross teams, as part of the latest hostages-prisoners exchange between Israel and Hamas, in front of the slain Hamas leader Yahya Sinwar’s house in Khan Yunis. Abed Rahim Khatib/dpa</p>
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<p><br />
<br /><a href="https://www.yahoo.com/news/latest-round-gaza-hostage-prisoner-001425907.html">Source link </a></p>
<p>The post <a href="https://gqbritish.com/latest-round-of-gaza-hostage-prisoner-exchanges-carried-out/">Latest round of Gaza hostage-prisoner exchanges carried out</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
]]></content:encoded>
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<title>Stocks to watch: Singtel, SIA</title>
<link>https://gqbritish.com/stocks-to-watch-singtel-sia/</link>
<comments>https://gqbritish.com/stocks-to-watch-singtel-sia/#respond</comments>
<dc:creator><![CDATA[Kim Browne]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:13:18 +0000</pubDate>
<category><![CDATA[Culture]]></category>
<category><![CDATA[SIA]]></category>
<category><![CDATA[Singtel]]></category>
<category><![CDATA[stocks]]></category>
<category><![CDATA[Watch]]></category>
<guid isPermaLink="false">https://gqbritish.com/stocks-to-watch-singtel-sia/</guid>
<description><![CDATA[<p>THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31): Source link</p>
<p>The post <a href="https://gqbritish.com/stocks-to-watch-singtel-sia/">Stocks to watch: Singtel, SIA</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
]]></description>
<content:encoded><![CDATA[<p> <br />
<br />THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31):<br />
<br /><br />
<br /><a href="https://www.businesstimes.com.sg/companies-markets/stocks-watch-singtel-sia">Source link </a></p>
<p>The post <a href="https://gqbritish.com/stocks-to-watch-singtel-sia/">Stocks to watch: Singtel, SIA</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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<title>Stock to watch: Singtel</title>
<link>https://gqbritish.com/stock-to-watch-singtel/</link>
<comments>https://gqbritish.com/stock-to-watch-singtel/#respond</comments>
<dc:creator><![CDATA[Swedan Margen]]></dc:creator>
<pubDate>Fri, 31 Jan 2025 00:13:18 +0000</pubDate>
<category><![CDATA[Fashion]]></category>
<category><![CDATA[Singtel]]></category>
<category><![CDATA[Stock]]></category>
<category><![CDATA[Watch]]></category>
<guid isPermaLink="false">https://gqbritish.com/stock-to-watch-singtel/</guid>
<description><![CDATA[<p>THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31): Singtel: The telecommunications giant’s Australian subsidiary, Optus, has signed a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks. The facility will be used to refinance the company’s existing credit facilities, as well as for other…</p>
<p>The post <a href="https://gqbritish.com/stock-to-watch-singtel/">Stock to watch: Singtel</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
]]></description>
<content:encoded><![CDATA[<p> <br />
</p>
<div data-testid="article-paragraphs-component">
<div class="relative [&>*:last-child]:relative [&>*:last-child]:after:absolute [&>*:last-child]:after:inset-0 [&>*:last-child]:after:bg-gradient-to-t [&>*:last-child]:after:from-white [&>*:last-child]:after:to-transparent mb-4 md:mb-6">
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">THE following companies saw new developments that may affect trading of their securities on Friday (Jan 31):</p>
<p class="mb-4 md:mb-6 leading-8 -tracking-5%" data-story-element="paragraph" data-testid="paragraph-component">Singtel<!-- -->: The telecommunications giant’s Australian subsidiary, Optus, has signed a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks. The facility will be used to refinance the company’s existing credit facilities, as well as for other general corporate purposes, said Singtel on Friday. Shares of Singtel closed 1.9 per cent or S$0.06 higher at S$3.26 on Tuesday. </p>
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<p><br />
<br /><a href="https://www.businesstimes.com.sg/companies-markets/stock-watch-singtel">Source link </a></p>
<p>The post <a href="https://gqbritish.com/stock-to-watch-singtel/">Stock to watch: Singtel</a> appeared first on <a href="https://gqbritish.com">GQ British</a>.</p>
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