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Swiss Criminal Court Convicts Trader Trafigura In Angola Bribery Case
Switzerland’s top criminal court has convicted a multinational company for the first time, ruling against Singapore-based commodities...

By The Financial District
Feb 5, 20251 min read


Georgia Power Wants To Keep Coal Plants Running To Meet Electricity Demand
Georgia Power Co. says it wants to continue burning coal to meet the state’s increasing electricity demand.

By The Financial District
Feb 5, 20251 min read


Ontario Axes Deal With Musk’s Starlink, Then Restores It After Tariff Hike Pause
Ontario, Canada’s most populous province and a key hub for the country’s financial and manufacturing sectors, canceled a $68 million...

By The Financial District
Feb 5, 20251 min read


AstraZeneca Scraps Plan To Expand UK Vaccine Plant
Pharmaceutical company AstraZeneca canceled a planned £450 million ($560 million) investment in a vaccine manufacturing plant in northwest..

By The Financial District
Feb 5, 20251 min read


UPS Shares Plunge On Plan To Cut Amazon Business By Half
United Parcel Service Inc. (UPS) shares plunged after the company projected annual revenue well below expectations.

By The Financial District
Feb 5, 20251 min read


Toyota Sells 10.8 Million Vehicles In 2024, Remains World’s Top-Selling Automaker
Toyota Motor sold 10.8 million vehicles in 2024, the company announced, maintaining its position as the world's top-selling automaker for...

By The Financial District
Feb 4, 20251 min read


PAGCOR Closes Losing Casino Site; Workers Reassigned To Mother Units
The Philippine Amusement and Gaming Corporation (PAGCOR) announced today the closure of a loss-making Casino Filipino site in Talisay...

By The Financial District
Feb 4, 20251 min read


Meta Caves In, Pays $25 Million To Settle Trump Lawsuit
Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts..

By The Financial District
Feb 3, 20251 min read


U.S. Steel Posts Muted Quarterly Results As Nippon Deal In Limbo
U.S. Steel has reported a fourth-quarter loss and revenue that matched Wall Street estimates, impacted by price declines and a challenging..

By The Financial District
Feb 3, 20251 min read


DeepSeek Doesn’t Endanger Nvidia And U.S. Chip Export Controls: Fortune
AI has fueled Nvidia’s meteoric rise to a $3 trillion market valuation.

By The Financial District
Feb 3, 20252 min read


U.S. DOJ Sues To Block HP Enterprise’s $14-B Juniper Deal
The U.S. Department of Justice has filed a lawsuit to block Hewlett Packard Enterprise's (HPE) $14 billion acquisition of networking gear...

By The Financial District
Feb 3, 20251 min read


Intel's Quarterly Revenue Tops Expectations
Intel has posted December-quarter results that exceeded analysts' low expectations.

By The Financial District
Feb 3, 20251 min read


PAGCOR: POGO Reopening Is Fake News
The Philippine Amusement and Gaming Corporation (PAGCOR) has warned the public against false claims that licenses for Philippine Offshore...

By The Financial District
Feb 3, 20251 min read


Social Media Users Slam Meta For Censorship After Wooing Trump
Meta, which has publicly committed to renouncing censorship, has found itself at the center of a censorship controversy.

By The Financial District
Feb 3, 20251 min read


PAGCOR Photo Contest 2025 Highlights PH Infrastructure Development
The Philippine Amusement and Gaming Corporation (PAGCOR) has announced the early return of its highly anticipated PAGCOR Photography...

By The Financial District
Feb 2, 20252 min read


Emperador Acquires Mexican Liquor Brand
Emperador Inc., a leading global brandy and whisky conglomerate, has expanded its premium product portfolio with the majority acquisition...

By The Financial District
Feb 1, 20251 min read


Megawide, Maplecrest, And Cavite Provincial Gov’tSeal Partnership For Cavite Bus Rapid Transit System
Megawide Construction Corporation and Maplecrest Group, Inc., through their joint venture Cavite Rapid Transport, Inc.—together with their..

By The Financial District
Jan 31, 20253 min read


Abramovich Could Owe UK £1 Billion Over Tax Dodge
Sanctioned Russian oligarch Roman Abramovich could owe the UK up to £1 billion after a failed attempt to avoid taxes on hedge fund...

By The Financial District
Jan 31, 20252 min read


Taiwan To Help Firms Threatened By Trump Tariffs On Chips, Semiconductors
Taiwan’s government will soon assess whether it needs to support its domestic semiconductor industry in response to threats by President...

By The Financial District
Jan 31, 20251 min read


Black-Owned Brands Urge U.S. Consumers Not To Boycott Target
"Please don't boycott Target."

By The Financial District
Jan 30, 20251 min read


U.S. Control Of The Panama Canal Stoked Anti-American Riots
The United States controlled the Panama Canal from 1914 to 1999—a total of 85 years—and U.S. mismanagement and assertions of sovereignty...

By The Financial District
Jan 30, 20252 min read


Costco Shareholders Overwhelmingly Reject Anti-DEI Push
Costco shareholders resoundingly rejected a proposal to assess the risks of maintaining its diversity, equity, and inclusion (DEI)...

By The Financial District
Jan 30, 20251 min read


Kia Recalls Over 80,000 U.S. Cars Due To Airbag Issue
Kia is recalling more than 80,000 vehicles in the U.S. over a wiring defect beneath the front passenger seat that may prevent airbags and..

By The Financial District
Jan 30, 20251 min read


Oracle, SoftBank, OpenAI To Invest $500-B In U.S. AI Infrastructure
President Trump announced on Tuesday a massive investment in artificial intelligence (AI) infrastructure in the U.S. through a joint...

By The Financial District
Jan 30, 20251 min read
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