A $5.89 billion bid from an affiliate of hedge fund Elliott Investment Management has been recommended as the winner of a U.S. court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum.

Police have arrested seven people after they occupied the office of Microsoft President Brad Smith in protest of the company’s ties to the Israel Defense Forces during the ongoing war in Gaza.

Chinese tech giant Huawei reported a 32% drop in first-half net profit as it ramped up research and development spending to counter U.S. sanctions.

Nvidia once again reported record sales in its latest quarterly earnings, beating Wall Street’s expectations even as its stock slipped in after-hours trading.

For all the talk of China’s industrial rise, its aviation ambitions may be hitting a ceiling.

Spotify will raise prices as it invests in new features and pursues its goal of reaching 1 billion users.

A $1 trillion stock rally in China is sparking concerns over rising risks to investors, prompting some of the nation’s brokerages and fund managers to scale back financing and restrict purchases.

Alibaba is expected to highlight its artificial intelligence (AI) strategy in its quarterly results, but like peers Tencent and Baidu, it may struggle to demonstrate significant returns from its AI investments.

Nvidia’s stock has nearly doubled since early April, trading near all-time highs on optimism tied to the AI boom.

The Ad Standards Council (ASC) on Friday honored Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco for his leadership in promoting responsible advertising in the gaming industry during the council’s Patas na Patalastas Summit.

US President Donald Trump berated NBC and ABC as “two of the worst and most biased networks in history,” adding he would support the FCC in revoking licenses for their television stations.

Cracker Barrel lost $94 million in market value in a single day after a rebrand sparked outrage among supporters of former President Donald Trump’s “Make America Great Again” movement.

Judy Araneta Roxas, known to many in both business and political circles as JAR, passed away peacefully at the age of 91, leaving behind a legacy defined by resilience, service, and humility.

Boeing is in talks to sell as many as 500 jets to China.

Microsoft returned more than $37 billion to shareholders in fiscal 2025 through dividends and buybacks, while continuing to invest heavily in artificial intelligence (AI) and cloud technologies.

Tesla has increased the price of its fastest Cybertruck variant by $15,000.

Nvidia Corp. has instructed component suppliers, including Samsung Electronics Co. and Amkor Technology Inc., to stop production related to its H20 AI chip.

At the intersection of heritage hospitality and modern sustainability, The Peninsula Manila is embarking on a decisive transition – powering its storied five-star operations with renewable energy.

The latest trend on TikTok? Lawsuits.

Sony has announced it will raise the price of all PlayStation 5 models in the U.S. by $50.

Japan’s first osmotic power plant, which generates electricity from the difference in salt concentration between seawater and freshwater, began operations in early August in a southwestern prefecture.

Douwe Egberts will soon be in American hands. U.S. beverage giant Keurig Dr Pepper (KDP) is acquiring JDE Peet’s, the parent company of several well-known coffee brands, in a deal worth €15.7 billion.

OnlyFans, best known for hosting adult content, saw steady growth in both subscriptions and revenue in 2024, while paying $701 million (€599M) in dividends to controlling owner Leonid Radvinsky.

Google recently unveiled the Pixel 10 Pro Fold, its latest flagship, boasting an IP68 rating for dust and water resistance.