CNA938 Rewind - Warren Buffett retires – How Abel is his successor?
CNA938 Rewind - Things to know about the Australian election result
Polls predicted a tight race in Australia's election, but Prime Minister Anthony Albanese has won a second term in a landslide. His rival Peter Dutton has suffered a humiliating defeat, losing even the seat he held for 24 years. Andrea Heng and Hairianto Diman break down the result – and what it means for the country, with Dominic O'Sullivan, Professor, Political Science, Charles Sturt University.
15 mins
CNA938 Rewind - All eyes on the make-up of Singapore's 15th Parliament
As the general election dust settles, all eyes will now be on the make-up of the new 15th Parliament. With some previous political office holders not contesting in the recent general election, there are positions left vacant. So, who among the current slate of MPs will step up to fill the gaps and will we see a reshuffle of the cabinet ministers? Andrea Heng and Hairianto Diman speak with Nicholas Fang, Senior Advisor of The Asia Group & Managing Director at Black Dot Research, to find out.
14 mins
CNA938 Rewind - Warren Buffett retires – How Abel is his successor?
In a shocking announcement, Berkshire Hathaway's Warren Buffett expresses his intention to retire at the end of year. He will pass the baton to Greg Abel, who's been his designated successor for years. Andrea Heng and Hairianto Diman speak with Thomas Hayes, Chairman and Managing Member at Great Hill Capital, to find out more about his successor and how he's going to fill the big shoes.
11 mins
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Straits Times
27 minutes ago
- Straits Times
Jackman, Reynolds go full sail: Hollywood A-listers take helm of Flying Roos
FILE PHOTO: Hugh Jackman and Ryan Reynolds attend the premiere of 'Deadpool and Wolverine' in New York City, New York, U.S., July 22, 2024. REUTERS/Caitlin Ochs/File Photo Australia's ocean dominance got a Hollywood upgrade on Thursday as Hugh Jackman and Ryan Reynolds became co-owners of the country's three-times champion SailGP team, now rebranded as the BONDS Flying Roos. The investment adds star power to the Australian outfit that has dominated the global sailing championship, winning a trio of titles in four seasons of the high-speed racing series. "We're incredibly excited to set sail together in this new adventure," Jackman and Reynolds said in a characteristically wry statement. "Hugh brings a deep love for and pride in his home country as well as being an avid fan of sailing." The move comes just days after Oscar winner Anne Hathaway sailed into sports ownership, joining a female-led consortium that acquired the Red Bull Italy SailGP Team in what circuit CEO Russell Coutts called "another significant milestone in SailGP's growth as a league". Founded in 2019, SailGP pits national crews in identical 50-foot foiling catamarans reaching speeds over 100 km/h within metres of shorelines in iconic harbours worldwide. "This is an incredible milestone for us and for our sport," said Tom Slingsby, who serves as driver, CEO and co-owner of the Flying Roos. "With BONDS joining as our title partner, we're building something distinctly Australian - a team driven by spirit, resilience, and national pride." Founded in 1915, BONDS is one of Australia's most iconic apparel brands, best known for its underwear and loungewear that have been a staple in Australian wardrobes for more than a century. SailGP director Andy Thompson added: "Today marks a landmark moment not just for the Australia team, but for the trajectory of SailGP globally," highlighting the "extraordinary combination of global reach, vision, commercial nous" the Hollywood duo brings. The newly minted Flying Roos will debut under their star-studded ownership at the Mubadala New York Sail Grand Prix on June 7-8, where they aim to defend their position atop the championship leaderboard. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Independent Singapore
2 hours ago
- Independent Singapore
New Nee Soon MP to call for more penalties for animal welfare offences in wake of community cat deaths
SINGAPORE: After a spate of recent cat deaths, Lee Hui Ying, one of the newly elected Members of Parliament (MP) for Nee Soon Group Representation Constituency (GRC), said earlier this week that she will raise the issue of enhancing penalties against animal welfare offences. Since May, at least three community cats have been found dead in Nee Soon and Punggol. After a second cat was found lifeless in Nee Soon within a short amount of time, CNA reported that a bounty of S$5,000 had been put up in the hopes of finding the person responsible for the deaths. Ms Lee noted in a Facebook post late on Tuesday night that the National Parks Board (NParks) finished investigations into the death of King Kong, the Nee Soon community cat found dead early last month, saying that it had likely been due to a vehicular accident. The death of the second cat from the area is still under investigation. See also Strange goings-on at SPH 'There is an important need to care for our community, including animals, in our estate. Most importantly, creating a safer environment for all,' the MP wrote, adding that she intends to speak on more penalties for animal welfare offences when Parliament reopens. Ms Lee wrote that Singapore needs stronger laws and enforcement, stricter penalties for cruelty, and better protection for voiceless lives. 'Our animals don't have a voice — but we do,' she added. CNA reported on Jun 4 that NParks has looked into the deaths of four cats, two in Yishun, one in Punggol, and one in Tampines. NParks' group director of enforcement and investigation Jessica Kwok said that a road accident was also the likely cause of the death of the Punggol community cat. 'NParks understands the concerns on cases of alleged animal cruelty, and we would like to assure the public that we take all feedback received from the public on alleged animal cruelty seriously and will investigate them thoroughly, including looking at any new evidence presented,' she added. Meanwhile, a petition calling for stronger enforcement of animal cruelty laws in Singapore has been shared on the platform. 'Community cats in Singapore are increasingly becoming victims of abuse, with more reports of physical harm, poisoning, and neglect surfacing in recent months. These animals, who often rely on the care of volunteers and kind-hearted residents, suffer silently with limited protection. Beyond the cats themselves, caregivers and animal welfare groups are also affected emotionally and financially as they scramble to treat injuries, report abuse, and seek justice within a system that often falls short,' it reads. /TISG /TISG Read also: S$5K bounty offered to find cat killer at Nee Soon; petition for stronger enforcement of animal cruelty laws shared
Straits Times
5 hours ago
- Straits Times
TotalEnergies on trial in landmark greenwashing case in France
Starting in May 2021, TotalEnergies advertised its goal of 'carbon neutrality by 2050' and touted gas as 'the fossil fuel with the lowest greenhouse gas emissions'. PHOTO: AFP TotalEnergies on trial in landmark greenwashing case in France PARIS - French oil and gas giant TotalEnergies goes on trial in Paris on June 5 over allegations of misleading climate claims, an unprecedented 'greenwashing' case against a fossil fuel firm in France. The civil case stems from a March 2022 lawsuit by three environmental groups accusing the French energy giant of 'misleading commercial practices' for saying it could reach carbon neutrality while continuing oil and gas production. Starting in May 2021, TotalEnergies advertised its goal of 'carbon neutrality by 2050' and touted gas as 'the fossil fuel with the lowest greenhouse gas emissions'. At the time, the company had also changed its name from Total to TotalEnergies to emphasise its investments in low-carbon energy, such as electricity. The plaintiffs have logged around 40 'false advertisements' in their lawsuit. The ads 'don't sincerely reflect the reality of TotalEnergies' operations', Apolline Cagnat, a legal counsel at Greenpeace, told AFP. Cagnat said the NGOs want the court to send a 'strong signal' to fossil fuel companies by ordering 'an immediate stop, under penalty, of the misleading commercial practices'. TotalEnergies disputes the charges, insisting the messages are part of its institutional communication, regulated by financial authorities – not consumer law. It argues no consumer organisation is party to the case, and that the NGOs are misusing consumer protection rules to challenge its corporate strategy. Environmental groups in recent years have turned to the courts to establish case law on companies misleading consumers by appearing more eco-friendly than they are. In Europe, courts ruled against Dutch airline KLM in 2024 and Germany's Lufthansa in March over misleading consumers about their efforts to reduce the environmental impact of flying. In Spain, utility Iberdrola failed to secure a conviction against Spanish oil and gas company Repsol over similar allegations of 'false' environmental claims. A greenwashing case against Australian oil and gas producer Santos, challenging its claim to be a 'clean fuels' company, has been ongoing since 2021. Based on a European Union directive targeting unfair commercial practices, the TotalEnergies lawsuit is the first time a French court has heard such a case against a fossil fuel company. The NGOs said the Paris court will rule, for the first time in the world, on the legality of ads presenting gas as essential to the energy transition. Climate experts say methane leaks from the gas industry have a powerful warming effect on the atmosphere. TotalEnergies maintains it has not engaged in misleading commercial practices. The company says it plans to show that its messages 'about its name change, strategy and role in the energy transition are reliable and based on objective, verifiable data'. AFP Find out more about climate change and how it could affect you on the ST microsite here.
