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Egypt to Ship Cypriot Gas to Europe in QatarEnergy Deal
QatarEnergy and ExxonMobil have signed an agreement with Egypt to transport offshore gas from Cyprus to Egyptian liquefaction facilities for export to Europe.

By The Financial District
May 251 min read


Listening in Real Time: What Philippine Airports Can Learn from the World’s Largest Operators
For decades, the Philippine airport experience carried with it a certain reputation.

By The Financial District
May 245 min read


ACEN RES to Power 1,450 7-Eleven Stores with Renewable Energy
Philippine Seven Corporation, the exclusive licensor of 7‑Eleven Philippines, is shifting 1,450 stores across Metro Manila, Batangas, Pangasinan, Bulacan, Cavite, and Nueva Ecija to 100% renewable energy through an electricity supply agreement with ACEN RES.

By The Financial District
May 231 min read


Musk Loses Legal Challenge Against OpenAI Over Filing Delay
Elon Musk waited too long to sue OpenAI and its leaders, a jury in Oakland, California, has decided.

By The Financial District
May 221 min read


Shakira Wins Spanish Tax Case, to receive $64-M Refund
After an eight-year court battle, a Spanish court ordered the country’s treasury to refund nearly $65 million to singer Shakira after ruling that the money had been improperly collected.

By The Financial District
May 221 min read


Meta Reassigns 7,000 Workers to AI Roles Ahead of Restructuring
Meta Platforms is reassigning 7,000 workers to new jobs related to artificial intelligence.

By The Financial District
May 211 min read


Anthropic’s Private Market Pricing Signals Explosive AI Valuation Expectations
Anthropic remains a private company, but trading activity around its shares is increasingly resembling public markets.

By The Financial District
May 211 min read


Samsung Electronics, Labor Union Resume Pay Talks to Avoid Strike
Samsung Electronics and its South Korean labor union will resume pay negotiations with a government mediator.

By The Financial District
May 211 min read


SM Prime’s Clark Tech Hub Reaches Full Occupancy, Expands with Tower 11
SM Prime Holdings’s commercial leasing arm, SM Offices, has achieved a 100% occupancy rate across its more than 100,000-square-meter, 10-tower Tech Hub complex in the Clark Special Economic Zone.

By The Financial District
May 202 min read


Emperador posts ₱1.9-B Net Income in First Quarter of 2026
Emperador Inc., a diversified global liquor conglomerate, reported resilient financial performance for the first quarter of 2026, recording revenues of ₱13.3 billion and a net profit of ₱1.9 billion.

By The Financial District
May 202 min read
Judge Deals Setback to Trump’s $10-B Lawsuit Against Wall Street Journal
A U.S. federal judge has dealt a significant setback to President Donald Trump’s $10 billion defamation lawsuit against The Wall Street Journal.

By The Financial District
May 201 min read


Mercedes-Benz Open to Supporting Europe’s Defense Industry, CEO Says
As Germany’s automotive sector faces mounting pressure, defense companies are increasingly looking to the industry’s factories, skilled workforce and industrial expertise.

By The Financial District
May 191 min read


The New Currency of Connectivity: How Globe Is Quietly Rewiring the Filipino Future
There was a time when a telecommunications company measured success by the number of calls completed or text messages sent. Today, the battlefield has changed.

By Lito U. Gagni
May 193 min read


Kagome Simplifies Ketchup Packaging Amid Ink Shortage Linked to Middle East Conflict
Japanese food and beverage maker Kagome Co. said it will begin selling some of its tomato ketchup products in simplified packaging due to a tightening supply of ink linked to the conflict in the Middle East.

By The Financial District
May 181 min read


Nvidia Hits Record $5.7 Trillion Valuation Ahead of Earnings
NVIDIA has reached a record $5.7 trillion market capitalization as shares of the artificial intelligence chip giant surged more than 4% to a record high.

By The Financial District
May 181 min read


Crowds Force Swatch Store Closures During Royal Pop Collection Launch
Chaos erupted at Swatch stores from New York to London as watch enthusiasts lined up for a highly anticipated new release, forcing several locations to temporarily close.

By The Financial District
May 181 min read


Long Island Rail Road Shut Down by First Strike in Three Decades
The Long Island Rail Road (LIRR), North America’s largest commuter rail system, was shut down Saturday after unionized workers went on strike for the first time in three decade.

By The Financial District
May 181 min read


Ford Shares Jump on Optimism Over AI-Linked Energy Storage Business
Shares of Ford Motor Company surged for a second straight day late last week as investors embraced the company’s expanding energy-storage business and its potential role in AI-related infrastructure growth.

By The Financial District
May 171 min read


Musk Travels to China Despite Judge’s Recall Order in OpenAI Trial
Elon Musk traveled to China this week alongside US President Donald Trump despite an ongoing trial related to his lawsuit against OpenAI and a federal judge’s instruction that he remain available for possible recall testimony.

By The Financial District
May 161 min read


OpenAI and Apple Partnership Reportedly Nears Breaking Point
The partnership between Apple Inc. and OpenAI has become increasingly strained.

By The Financial District
May 161 min read


Cerebras Soars in Blockbuster IPO as AI Chip Race Intensifies
Cerebras Systems opened at $350 per share in one of the year’s most highly anticipated initial public offerings, marking a major debut for a potential rival to NVIDIA.

By The Financial District
May 161 min read


CREIT Q1 Net Income Hits ₱342-M, Approves Major Asset Expansion Plan
Citicore Energy REIT Corp. (CREIT), the country’s first and largest renewable energy real estate investment trust (REIT), reported first-quarter 2026 revenues of ₱458 million, highlighting the stability of its long-term renewable energy asset portfolio.

By The Financial District
May 162 min read


U.S. Airlines Hike Bag Fees Amid Rising Jet Fuel Costs
Major US airlines are offsetting rising jet fuel costs by increasing fees for checked bags, extra legroom, seat-selection preferences, and other ancillary services.

By The Financial District
May 151 min read


Nike Struggles in China as Local Rivals Gain Ground
Nearly half a century ago, Nike co-founder Phil Knight traveled through China by slow train, envisioning a massive future market for sneakers.

By The Financial District
May 151 min read
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