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Pilipinas Live Scores Big With Quickplay Shorts Integration
Cignal’s Pilipinas Live app has teamed up with global streaming innovator Quickplay to launch Pilipinas Live Shorts—a dynamic new feature delivering high-impact, short-form video content in an interactive, social media-inspired format.

By The Financial District
May 3, 20252 min read


MERALCO Gets Global Recognition For Excellence In Sustainability Reporting
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has once again been recognized for its excellence in sustainability governance and reporting.

By The Financial District
May 3, 20252 min read


BYD Bounces Back From 2023 Mistake In Europe
China’s No. 1 automaker BYD has experienced explosive growth over the past five years, expanding sevenfold to become the world’s seventh-largest automaker by sales. Its first-quarter profit jumped 100%.

By The Financial District
May 2, 20251 min read


U.S. Firm Introduces Bezos-Backed EV Pickup For The Masses
“We built it, you make it.” That’s the motto of Slate, a new U.S. electric vehicle company that just unveiled its debut model.

By The Financial District
May 2, 20251 min read


Tesla Board Begins Process To Remove Elon Musk As CEO
The Tesla board has initiated the process of replacing Elon Musk as chief executive after a month of internal pressure and public backlash over his continued absence from the company.

By The Financial District
May 2, 20251 min read


Walmart, Target Resume Business With Chinese Factories: Suppliers
Walmart and Target have resumed business with some of their Chinese suppliers after briefly pausing orders due to uncertainties over steep U.S. tariffs.

By The Financial District
May 2, 20251 min read


Albertsons Supermarket Chain Tells Suppliers: We Won’t Accept Price Hikes
North America’s second-largest supermarket chain is warning its suppliers that it won’t accept price hikes due to President Trump’s recent wave of tariffs.

By The Financial District
May 2, 20251 min read


China’s Baosteel Sees Nationwide Output Cuts This Year
China's biggest listed steelmaker, Baoshan Iron & Steel Co., said a nationwide output cut is likely this year and highlighted external pressures on an industry already grappling with overcapacity and weakening demand.

By The Financial District
May 2, 20251 min read


SM Investments Declares First-Ever Special Dividend; Total Payout Rises 44%
SM Investments Corporation (SM Investments), the parent firm of the SM Group, announced a 44% increase in total dividends for 2025 to PHP13 per share, comprising PHP11 in regular dividends and PHP2 in special dividends.

By The Financial District
May 2, 20251 min read


Chairman Wants Buyout Of Toyota Industries To Consolidate Control Of Empire
Toyota Chairman Akio Toyoda has reportedly proposed a buyout of Toyota Industries, aiming to consolidate his control over Japan’s largest business empire amid a broader wave of mergers and acquisitions.

By The Financial District
May 1, 20251 min read


PAGCOR Q1 Revenues Hit PHP28-B; Net Income Up 23% To PHP4.2-B
The Philippine Amusement and Gaming Corporation (PAGCOR) sustained its strong financial performance in the first quarter of 2025, posting revenues of PHP28.07 billion.

By The Financial District
May 1, 20252 min read


Huawei Develops New AI Chip To Compete With Nvidia
China’s Huawei Technologies is preparing to test its most powerful artificial intelligence (AI) chip yet, aiming to replace high-end products from U.S. chip giant Nvidia.

By The Financial District
May 1, 20251 min read


Komatsu Forecasts 27% Profit Decline Amid Tariff Uncertainty
Komatsu Ltd., Japan’s top construction machinery maker, forecast a 27% drop in operating profit for the current fiscal year, citing a stronger yen and higher costs tied to new U.S. tariffs.

By The Financial District
Apr 30, 20251 min read


SK Telecom Shares Plunge After Cyberattack
Shares of SK Telecom fell as much as 8.5% on Monday, reaching their lowest level since August 2024, after South Korea’s largest mobile carrier disclosed a major customer data leak caused by a cyberattack.

By The Financial District
Apr 29, 20251 min read


Merck KGaA In $3.9 Billion Deal To Buy U.S. Biotech Firm SpringWorks
German healthcare and materials group Merck KGaA announced Monday that it has agreed to acquire U.S. biotech company SpringWorks Therapeutics for an equity value of $3.9 billion.

By The Financial District
Apr 29, 20251 min read


MP Materials To Benefit From Trump’s Rare Earth Tariffs
MP Materials, operator of the Mountain Pass mine in California’s Mojave Desert, is ramping up production of critical rare earth elements and magnets used in autos, electronics, and military hardware as China tightens its exports.

By The Financial District
Apr 29, 20251 min read


Starbucks Union Rejects Company's Offer Of 2% Annual Pay Raise
Union delegates representing Starbucks baristas voted to reject the company's latest contract proposal that guaranteed annual pay raises of at least 2%.

By The Financial District
Apr 29, 20251 min read


DeepMind UK Staff Plan To Unionize Over Deals With Israel
Staff at Google DeepMind in Britain are planning to unionize to challenge the company's sale of artificial intelligence (AI) technology to defense groups linked to the Israeli government.

By The Financial District
Apr 29, 20251 min read


Pirelli To End Chinese Investor's Control Over Governance
Pirelli’s board is expected to approve a shareholder agreement that formally establishes that its largest investor, China's state-owned Sinochem, does not exercise control over the tire maker.

By The Financial District
Apr 28, 20251 min read


ADM Stops Domestic Trading In China, Cuts Jobs In Shanghai
Global grain merchant Archer-Daniels-Midland (ADM) has begun shutting down its domestic trading operations in China and laying off staff in its largest business segment as part of a global cost-cutting initiative.

By The Financial District
Apr 28, 20251 min read


Nvidia Commits $500-B To AI Infrastructure Projects In The U.S.
Nvidia has announced it will invest up to $500 billion in AI infrastructure projects in the U.S. over the next four years, as the tech industry pushes to strengthen domestic manufacturing.

By The Financial District
Apr 28, 20251 min read


Are NGCP Rates Padded?
Concerns are mounting over the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP).

By Lito U. Gagni
Apr 28, 20252 min read


Chinese Firms Flood TikTok With Videos Urging Americans To Buy Direct
Chinese factories are flooding TikTok with videos urging Americans to buy directly from them to undercut Donald Trump’s sweeping tariffs.

By The Financial District
Apr 28, 20252 min read


Belgian Insurer Ageas Acquires UK’s Esure From Bain Capital For €1.5-B
Belgium’s Ageas has agreed to acquire UK insurer Esure from private equity firm Bain Capital for around £1.3 billion (€1.5 billion).

By The Financial District
Apr 28, 20251 min read
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