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Christopher Nolan's IMAX Epic Could Deliver Another Massive Payday
Director Christopher Nolan is making one of the most ambitious films of his career with The Odyssey, a US$250 million historical epic filmed entirely using IMAX 70mm cameras.

By The Financial District
Jul 171 min read


Volkswagen Plans Up to 100,000 Global Job Cuts Amid Profit Slump
Volkswagen Group is planning to cut up to 100,000 jobs worldwide—double the number previously announced—as the German automotive giant seeks to reduce costs and improve profitability

By The Financial District
Jul 171 min read


Chipotle Opens First Restaurant in Mexico, Testing Home-Market Appeal
Chipotle Mexican Grill is set to open its first restaurant in Mexico this week, marking a major milestone as the U.S. restaurant chain tests its appeal in the country that inspired much of its menu.

By The Financial District
Jul 171 min read


Singapore Court Orders Bloomberg to Pay Damages in Ministers' Defamation Case
A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 (approximately US$356,000) in damages to two government ministers who sued the news organization for defamation over an article discussing their property transactions.

By The Financial District
Jul 171 min read


German Carmakers Suffer Sharp Sales Decline in China
Major German automakers posted steep declines in quarterly sales in China as weakening consumer demand and intensifying competition weighed on performance in the world's largest automobile market.

By The Financial District
Jul 171 min read


Globe’s ₱10-Billion Loan Signals a Bigger Bet on PH Digital Future
At first glance, Globe Telecom’s announcement that it has secured a ₱10 billion term loan from Land Bank of the Philippines may appear to be little more than another corporate financing disclosure.

By The Financial District
Jul 173 min read


AI Expected to Drive Cost Savings in Proposed Paramount-Warner Bros. Merger
Artificial intelligence is expected to play a major role in improving efficiency if Paramount completes its proposed acquisition of Warner Bros. Discovery.

By The Financial District
Jul 161 min read


Analyst Recommends Buying SpaceX Stock Despite Recent Sell-Off
Another Wall Street analyst has turned bullish on SpaceX, even as the company's shares continue to slide.

By The Financial District
Jul 161 min read


Twelve States Sue to Block Paramount-Warner Bros. Merger
A coalition of 12 U.S. states has filed a lawsuit seeking to block Paramount's proposed acquisition of Warner Bros. Discovery, arguing that the $81 billion transaction would significantly reduce competition in the entertainment industry.

By The Financial District
Jul 161 min read


DeepSeek Develops AI Chip to Reduce Reliance on Nvidia
Chinese artificial intelligence startup DeepSeek is developing its own AI chip in an effort to reduce its dependence on processors supplied by Nvidia and Huawei.

By The Financial District
Jul 151 min read


Embedded Solar Gains Momentum Across PH
The Philippines' transition toward a more resilient and sustainable energy system received another boost this week as Citicore Renewable Energy Corporation (CREC) secured a ₱4.05 billion project finance facility from LANDBANK to support the development of two embedded solar power plants in Central Luzon.

By The Financial District
Jul 153 min read


SK Hynix Shares Slide After Strong U.S. Market Debut
SK Hynix shares fell more than 6 percent on Monday, tracking the broader decline in technology stocks, after posting a gain of roughly 13 percent during their U.S. market debut.

By The Financial District
Jul 141 min read


Aldi Expands Aggressively in U.S. as Discount Strategy Challenges Traditional Grocers
German discount supermarket chain Aldi is launching a $9 billion expansion in the United States, planning to open 800 new stores over the next five years, with a growing focus on densely populated urban markets such as Manhattan.

By The Financial District
Jul 131 min read


SoftBank, PayPay Consider Investing in Seven & i Holdings
SoftBank Corp. and PayPay Corp. are considering acquiring a stake worth several hundred billion yen in Japanese convenience store operator Seven & i Holdings Co.

By The Financial District
Jul 131 min read


Ford Recalls More Than 177,000 Vehicles Over Wiper, Drivetrain and Software Defects
Ford Motor Co. is recalling more than 177,000 vehicles in the United States to address three separate safety defects, according to the National Highway Traffic Safety Administration (NHTSA).

By The Financial District
Jul 131 min read


Affordable EV Push Faces Challenges as U.S. Falls Behind China
As vehicle prices continue to rise in the United States, industry observers are questioning whether the country can remain competitive in the global electric vehicle (EV) market.

By The Financial District
Jul 131 min read


Chinese Bubble Tea Chain Ordered to Pay Louis Vuitton $1.5 Million in Trademark Case
A Chinese court has ordered popular tea chain Molly Tea to pay 10.3 million yuan (about US$1.5 million) in damages after ruling that its logo infringed a trademark owned by Louis Vuitton.

By The Financial District
Jul 131 min read


Japanese Brewers Expand Alcohol-Free Drinks as Young Consumers Drink Less
Major Japanese brewers are expanding their nonalcoholic and low-alcohol product lines as younger consumers increasingly reduce their alcohol consumption.

By The Financial District
Jul 111 min read


HappyOrNot Enters a New Chapter
HappyOrNot, the Finnish customer experience technology company best known for its iconic Smiley feedback terminals, is entering a pivotal new phase as it sharpens its focus on artificial intelligence and real-time operational intelligence.

By The Financial District
Jul 103 min read


Comcast Restructuring Raises Questions Over Sky's ITV Acquisition
Comcast's decision to split its media assets from its broadband and cable operations has raised fresh questions about the future of Sky and its proposed acquisition of ITV.

By The Financial District
Jul 101 min read


SpaceX Shares Sink Below Debut Price Despite Nasdaq-100 Inclusion
SpaceX shares fell to an all-time low, dropping below their market debut price despite the company's recent inclusion in the Nasdaq-100 Index.

By The Financial District
Jul 101 min read


Canada Set to Choose Between German and South Korean Submarine Bids
Canada is expected to decide on Monday between bids from ThyssenKrupp Marine Systems of Germany and Hanwha Ocean of South Korea to build a fleet of 12 conventionally powered submarines in one of the country's largest-ever military procurement programs.

By The Financial District
Jul 101 min read


Toyota to Invest $3.6 Billion in Texas Plant, Shift Tacoma Production from Mexico
Toyota Motor Corp. will invest $3.6 billion to build a new assembly line at its San Antonio, Texas, manufacturing plant as it shifts part of its Tacoma pickup truck production from Mexico.

By The Financial District
Jul 101 min read


Bonnie Tyler, Voice Behind "Total Eclipse of the Heart," Dies at 75
Bonnie Tyler, the gravelly voiced, Grammy-nominated Welsh singer best known for the 1983 chart-topping power ballad "Total Eclipse of the Heart," has died at the age of 75.

By The Financial District
Jul 102 min read
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