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U.S. Tech Giants Post Higher Revenues
US technology giants — including Microsoft, Meta, and Alphabet — reported higher revenues for the July–September period, posting gains across the board.

By The Financial District
Oct 31, 20251 min read


AboitizPower Bets on Vietnam’s Growing Energy Market
Aboitiz Power Corporation has taken a decisive step beyond Philippine shores with the acquisition of a 25 percent equity stake in Van Phong Power Company Limited (VPCL).

By The Financial District
Oct 31, 20253 min read


Metro Retail Unveils Premium Lifestyle Store
Metro Retail Stores Group, Inc. (MRSGI) introduced Metro Corner, a new premium lifestyle store format designed to bring modern convenience to vertical communities.

By The Financial District
Oct 29, 20252 min read


Globe Bats for Sustainable Connectivity
Globe took a leading role in shaping the national dialogue on innovation and inclusion at the 51st Philippine Business Conference and Expo (PBC&E), hosted by the Philippine Chamber of Commerce and Industry (PCCI).

By The Financial District
Oct 28, 20252 min read


Intel Stock Jumps as Q3 Earnings Beat Expectations
Intel stock jumped more than 7% in premarket trading on Friday as the chipmaker reported third-quarter earnings and revenue that topped Wall Street expectations.

By The Financial District
Oct 28, 20251 min read


Heineken Lays Out Plan to Grow Beer Sales, Cut Costs
Dutch brewer Heineken said it aims to deliver mid-single-digit organic net revenue growth each year until 2030, with profit growth outpacing that, as it unveiled an updated strategy for the next five years.

By The Financial District
Oct 28, 20251 min read


Toyota to Tell Trump Japan Will Import Cars Made by Its U.S. Subsidiary
Toyota Motor Corp. is expected to inform the U.S. government of plans to import into Japan vehicles it produces in the United States.

By The Financial District
Oct 28, 20251 min read


Europe Firms Agree on Satellite Merger to Counter Starlink
European aerospace groups have unveiled an initial deal to pool their loss-making satellite manufacturing activities, combining forces after months of negotiations to counter the runaway growth of rivals led by Elon Musk’s Starlink.

By The Financial District
Oct 28, 20251 min read


Sellers Cancel Deals with Chinese Oil Refiner Yulong After U.K. Sanctions
Several suppliers have canceled sales of Middle Eastern and Canadian oil to China’s Yulong Petrochemical after the U.K. imposed sanctions on the refiner — a move likely to push it toward purchasing more Russian crude.

By The Financial District
Oct 28, 20251 min read


Ex-Stellantis CEO Sees Tesla Exiting EV Market
Car executives once viewed Tesla as the auto industry’s biggest disruptor. But now, at least one former automotive CEO says the company may eventually pull out of the car business — and could even cease to exist within 10 years.

By The Financial District
Oct 28, 20252 min read


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
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