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Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has pardoned Binance founder Changpeng Zhao, creator of the world’s largest cryptocurrency exchange, who served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking, and terrorism.

By The Financial District
Oct 27, 20251 min read


Unilever’s Sales Beat Forecasts on Strong Beauty Demand, Firmer Prices
Unilever’s third-quarter underlying sales growth has topped market expectations, driven by demand for its beauty products across North America and emerging markets, while the company maintained its annual outlook.

By The Financial District
Oct 27, 20251 min read


Ex-CEO Predicts Corporate Breakup Could Shatter Stellantis
Carlos Tavares has been out as CEO of Stellantis for about a year, but that hasn’t stopped him from commenting on the global conglomerate he helped create.

By The Financial District
Oct 27, 20252 min read


Integrated Resorts Power PH Tourism Comeback — PAGCOR
Integrated resorts and casinos have emerged as key drivers of the Philippines’ tourism and economic resurgence.

By The Financial District
Oct 27, 20252 min read


French Cops Still Searching for Thieves Who Stole Louvre Jewels
French authorities are still searching for the culprits who stole millions of dollars’ worth of jewels from the Louvre.

By The Financial District
Oct 26, 20251 min read


Meralco’s Presence in Batangas May Power Economic Growth
When the lights go out, the economy doesn’t just dim — it stalls.

By Lito U. Gagni
Oct 24, 20253 min read


Nvidia DGX Spark Hits Market as the "World’s Smallest AI Supercomputer"
Nvidia’s smallest supercomputer officially hit the market on Wednesday. The DGX Spark, which the company says delivers data center-class performance, features Nvidia’s GB10 Grace Blackwell superchip, along with ConnectX-7 networking capabilities and a full software stack.

By The Financial District
Oct 24, 20252 min read


Citicore Gets $55-M Funding for Solar, Battery Storage Projects
Pentagreen Capital (“Pentagreen”), manager of a blended finance strategy under Singapore’s Financing Asia’s Transition Partnership (“FAST-P”) initiative, and Citicore Solar Energy Corporation (“Citicore”), part of Citicore Renewable Energy Corporation, have announced a financing agreement worth US$55 million to support the implementation of solar and battery storage projects in the Philippines.

By The Financial District
Oct 24, 20252 min read


UK Regulators Say Getty-Shutterstock Merger Has Issues
It seemed like a picture-perfect moment: Getty Images and Shutterstock, two of the largest stock media services, announced in January that they would merge in a $3.7 billion deal.

By The Financial District
Oct 23, 20251 min read


Berkshire may have Lost $50-B After Dumping Apple Shares
Warren Buffett’s Berkshire Hathaway made one of its best investment moves buying Apple stock from 2016 to 2018—but it erred in selling most of the holding in 2024 and this year.

By The Financial District
Oct 23, 20252 min read


Netflix Shares Sink as Quarterly Profit Misses Mark
Netflix shares sank this week after the streaming television powerhouse reported quarterly profit that fell short of market expectations.

By The Financial District
Oct 23, 20251 min read


Jaguar Land Rover Hack Cost the UK $2.5 Billion
The August cyberattack on Jaguar Land Rover, owned by India’s Tata Motors, cost the British economy £1.9 billion ($2.55 billion) and affected more than 5,000 organizations across the country.

By The Financial District
Oct 23, 20251 min read


Lululemon Founder Picks Fight with Company’s Board
Chip Wilson isn’t happy with the way things are going at Lululemon Athletica, including the stock’s 40% drop in the past year.

By The Financial District
Oct 23, 20252 min read


Ford Recalls More Than 290,000 Vehicles in U.S. Due to Rearview Camera Issue
Ford is recalling more than 290,000 vehicles in the U.S. because the rearview camera system may not display images properly in certain lighting conditions, which could increase the risk of a crash.

By The Financial District
Oct 23, 20251 min read


Samsung Shares Hit Fresh Record Amid AI Chip Boom
Samsung Electronics Co. shares reached a new record high after the company reported its biggest quarterly profit in more than three years, driven by surging AI-related demand for memory chips.

By The Financial District
Oct 23, 20251 min read


David Attenborough, 99, Breaks Record as Oldest Daytime Emmy Winner
Sir David Attenborough has broken Dick Van Dyke’s record as the oldest Daytime Emmy winner, recently taking the trophy for daytime personality (non-daily) as host of Netflix’s Secret Lives of Orangutans.

By The Financial District
Oct 22, 20251 min read


Chipmaker Nexperia Says China Has Imposed Ban on Its Chip Exports
Chipmaker Nexperia said Tuesday that the Chinese government had banned it from exporting goods from China, after Dutch authorities seized control of the Netherlands-based firm, citing management concerns.

By The Financial District
Oct 22, 20251 min read


Steinway & Sons Shows way for U.S. Reindustrialization
For 30 years, Bernard Craddock has been one of roughly 200 workers handcrafting pianos at the 150-year-old Steinway & Sons factory in Astoria.

By The Financial District
Oct 22, 20251 min read


Jeffrey Epstein Earned Millions from Wall St. Titan Leon Black
New emails show how the financier Jeffrey Epstein profited immensely from his close ties with Leon Black, his longtime friend and client.

By The Financial District
Oct 22, 20252 min read


Nexperia China Unit Asserts Independence from Netherlands
Nexperia’s China unit has respected Chinese laws and has the right to operate independently.

By The Financial District
Oct 22, 20251 min read


Thieves Steal "Priceless" Jewels from Louvre, Flee on Motorbikes
Thieves have broken into Paris’ Louvre Museum through a window, stealing “priceless” items of jewelry before escaping on motorbikes.

By The Financial District
Oct 22, 20251 min read


Amazon Web Outage Knocks Out US Businesses
How critical are cloud computing giants to the U.S. business ecosystem?

By The Financial District
Oct 22, 20251 min read


Apple Stock Soars, Thanks to Launch of iPhone 17
Apple has scored a hit with its iPhone 17 launch, with shares surging to their first record high of 2025 on Monday and helping to lift the broader market.

By The Financial District
Oct 21, 20251 min read


Websites, Apps Go Dark as Outage Zaps Amazon’s Cloud Unit
Amazon’s cloud services unit AWS was hit by an outage Monday, causing connectivity issues for many companies around the world and disrupting services for several popular websites and apps including Fortnite and Snapchat.

By The Financial District
Oct 21, 20251 min read
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