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Baidu’s Swift $11-B Selloff Shows Struggle to Meet AI Hype
A 20% slide in Baidu Inc.’s shares over the past month serves as a crucial reminder for companies in China’s rapidly intensifying artificial intelligence race: Investors are demanding tangible results.

By The Financial District
Mar 22 min read


BMW in Talks With EU on Tariff Exemption for "Made-in-China" Minis
BMW and the European Commission are in talks over a possible minimum pricing model that could replace EU tariffs on the German carmaker’s Chinese-made Mini electric vehicles.

By The Financial District
Mar 21 min read


Netflix Walks Away From Warner Bros. Deal
Netflix has declined to raise its offer to buy Warner Bros. Discovery’s studio and streaming business, effectively putting Paramount in position to take over its Hollywood rival.

By The Financial District
Mar 21 min read


Movem, Rockwell Power Up EV Charging Stations
Movem, the e-mobility subsidiary of Manuel V. Pangilinan-led Manila Electric Company (Meralco), and Rockwell Property Management Corporation have launched five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center, Makati.

By The Financial District
Mar 22 min read


Aston Martin Cuts 20% of Workforce as Losses Widen
Aston Martin confirmed it will cut 20% of its workforce after reporting a 52% jump in net losses to £493.2 million last year.

By The Financial District
Mar 21 min read


FedEx Joins U.S. Firms in Suing Trump, Demanding Refund of Hiked Tariffs
FedEx is suing the US government, seeking a full refund of tariffs it paid last year after the Supreme Court ruled that the duties imposed by President Donald Trump were illegal.

By The Financial District
Mar 21 min read


Meta, AMD Seal 6-Gigawatt GPU Deal
Meta and AMD have entered into a multiyear agreement under which Meta will purchase up to 6 gigawatts worth of AI chips as part of its AI expansion.

By The Financial District
Mar 11 min read


HK Protests After 2 Key Ports on Panama Canal are Seized
Hong Kong is protesting Panama’s seizure of two ports on a canal vital for global trade that a Hong Kong-based company had managed for decades.

By The Financial District
Feb 261 min read


Warner Bros. Weighs Latest Paramount Bid
Warner Bros. Discovery said it is considering a new bid from Paramount Skydance, without disclosing the value of the offer, as the CBS owner makes a last-ditch effort to thwart Netflix from acquiring the Hollywood studio.

By The Financial District
Feb 261 min read


IBM Suffers Worst Fall Since 2000
IBM shares posted their worst day in more than 25 years after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a legacy programming language that runs on IBM computers.

By The Financial District
Feb 261 min read


OpenAI Forecasts Revenue to Breach $280-B in 2030
OpenAI is projecting that its revenue will grow rapidly over the next few years and exceed $280 billion by 2030.

By The Financial District
Feb 251 min read


Trump Urges Netflix to Fire Its Board Member Susan Rice
Donald Trump called on Netflix to fire one of its board members, Susan Rice, the former US ambassador to the United Nations and national security adviser, following comments she made about accountability when Democrats return to power.

By The Financial District
Feb 252 min read


Businesses Face Prolonged Court Battles Over Outlawed Trump Tariffs
Consumers hoping for refunds are unlikely to be compensated. With Donald Trump maintaining an unyielding position on tariffs, US businesses are bracing for years of court battles.

By The Financial District
Feb 252 min read


Sony Tech Can Identify Original Music in AI-Generated Songs
Sony Group has developed technology that can identify underlying music used in songs generated by artificial intelligence (AI), potentially enabling songwriters to seek compensation if their work was used.

By The Financial District
Feb 251 min read


DOJ Probes Netflix’s Power Over Filmmakers in Warner Deal Review
The Justice Department’s review of Netflix Inc.’s planned $72 billion takeover of Warner Bros. Discovery Inc. (WBD) includes scrutiny of the streaming giant’s conduct, and whether it wields anticompetitive leverage over creators in programming negotiations.

By The Financial District
Feb 241 min read


Boeing Secures Huge Orders from Vietnamese Carriers
Boeing announced two major agreements with Vietnamese carriers, including a record-breaking wide-body commitment from startup Sun Phu Quoc Airways and a finalized narrow-body deal with flag carrier Vietnam Airlines.

By The Financial District
Feb 241 min read


Aussie Defense Firm Helps Ukraine Zap Russian Drones
One of Australia's most highly valued defense firms is helping Ukrainian soldiers knock Russian drones off the battlefield, riding a surge in military spending by Western governments on technology designed to combat the weapon of the future.

By The Financial District
Feb 241 min read


Ken Griffin Drops $2.52-B on Mega-Cap Tech Stock
When billionaire Ken Griffin pours billions into a stock, investors pay attention.

By The Financial District
Feb 241 min read


Vietnam Budget Airline Acquires Boeing 737 Jets
Vietnam’s flag carrier is not content with purchasing an initial 50 Boeing jets, as it revealed that it is still in talks with the US aircraft manufacturer to buy an additional 30 wide-body planes costing $12 billion.

By The Financial District
Feb 241 min read


Globe Promotes Digital Inclusion
Globe AT HOME is accelerating its mission to provide high-speed internet to every Filipino household by expanding its fiber footprint through innovative, inclusive, and flexible connectivity solutions.

By The Financial District
Feb 232 min read


Rare Earths Surge Above Price Floor Given to MP Materials
Prices of two key rare earth elements — crucial for making super-strong magnets used in EVs and defense equipment — have rallied on firm demand and supply bottlenecks, rising above a groundbreaking price floor provided by the U.S. last year to miner MP Materials.

By The Financial District
Feb 231 min read


Apple Decouples From Nasdaq, Offers Alternative to AI-Fueled Volatility
It’s been nearly 20 years since Apple Inc. was this untethered from its tech peers, giving investors an appealing alternative to the artificial intelligence (AI)-fueled volatility that has gripped much of the stock market in recent weeks.

By The Financial District
Feb 221 min read


In a Slap to Trump, His Big Donor John Paulson Moves Factory to China
Cue the sad trombone: Hedge fund billionaire John Paulson — a major Trump donor and advocate of tariffs — is shuttering his Ohio brass instrument plant and offshoring work to China.

By The Financial District
Feb 221 min read


Ford Unveils New Details on Its Cheaper EV Platform
Ford’s first-generation EVs — including the Mustang Mach-E and F-150 Lightning pickup — gave the automaker valuable insights into customer preferences and the difficulties of manufacturing EVs from scratch.

By The Financial District
Feb 212 min read
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