top of page
Search


Subway CEO John Chidsey To Step Down By Year-End
Subway announced that its CEO, John Chidsey, will retire at the end of 2024. Carrie Walsh, a Subway executive, will step in as interim CEO.

By The Financial District
Dec 3, 20241 min read


Toyota Revives Tamaraw Model With ₱5.5 Billion Investment
The Philippine Economic Zone Authority (PEZA) has reaffirmed its support for Toyota Motor Philippines Corporation (TMP) and the automotive..

By The Financial District
Dec 2, 20242 min read


Intel's $7.86 Billion Subsidy Deal Limits Sale of Chip Manufacturing Unit
Intel has revealed that the $7.86 billion in US government subsidies it has secured restricts its ability to sell stakes in its chip...

By The Financial District
Dec 2, 20241 min read


Anglo American Sells Aussie Coal Mines To Peabody Energy For $3.78-B
Anglo American has announced having agreed to sell its Australian steelmaking coal mines to Peabody Energy for a cash consideration of up...

By The Financial District
Dec 2, 20241 min read


Saudi Aramco To Invest $1 Billion In U.S. Telecom Tech Maker Mavenir
Saudi Aramco’s digital subsidiary, Aramco Digital, is reportedly negotiating a $1 billion investment for a minority stake in U.S.-based...

By The Financial District
Nov 29, 20241 min read


Meta Faces Shareholder Lawsuit Over Cambridge Analytica Scandal
Meta has definitively lost its bid to avoid a shareholder lawsuit over the Cambridge Analytica scandal.

By The Financial District
Nov 29, 20241 min read


German Auto Supplier Bosch To Cut 5,500 Jobs
Bosch, Germany's leading technology and services company, has announced that it plans to reduce its automotive division workforce by up to..

By The Financial District
Nov 29, 20241 min read


Meralco Collaborates With KEPCO To Advance Smart Metering Technologies
The Manila Electric Company (Meralco), the largest power distribution utility in the Philippines and part of the Manuel V. Pangilinan-led...

By The Financial District
Nov 28, 20242 min read


Amazon To Invest $4 Billion In Anthropic
Amazon will invest $4 billion in Anthropic, doubling its commitment to the AI startup since last year.

By The Financial District
Nov 28, 20241 min read


Fraud Probe Launched Into UK Defense Firm Thales
A fraud investigation has been launched into allegations of bribery and corruption at the aviation and defense firm Thales.

By The Financial District
Nov 28, 20241 min read


DirecTV Cancels Merger Deal With Dish
DirecTV has terminated its proposed merger with Dish, a deal that would have created one of the largest pay-TV distributors in the US with..

By The Financial District
Nov 28, 20241 min read


Software Company Serving UK, U.S. Grocery Chains Hit By Ransomware Attack
Blue Yonder, a major software supply-chain company serving US and UK grocery stores, along with Fortune 500 firms, has suffered a...

By The Financial District
Nov 28, 20241 min read


S. Korea Prosecutors Seek 5-Year Jail Term For Samsung Elec Chief
South Korean prosecutors have requested a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over his involvement in a...

By The Financial District
Nov 28, 20241 min read


SEC Summons Adani, Nephew Over Bribery Allegations
The U.S. Securities and Exchange Commission (SEC) has issued a summons to Indian billionaire Gautam Adani over bribery allegations...

By The Financial District
Nov 28, 20241 min read


Hollywood Premieres Score Strong Box Office Sales
Hollywood’s two holiday blockbusters, Wicked and Gladiator II, raked in $170 million in domestic box office sales during their opening...

By The Financial District
Nov 28, 20241 min read


Good Future For German Steel, Experts Tell Thyssenkrupp
An expert review of the financial needs of Thyssenkrupp’s crisis-stricken steel division has offered a positive outlook on its ability to...

By The Financial District
Nov 27, 20241 min read


Warren Buffett Gives Away $1.1 Billion, Plans To Distribute $147 Billion After His Death
Warren Buffett, the legendary investor and philanthropist, has donated more than $1.1 billion in Berkshire Hathaway stock to his family’s...

By The Financial District
Nov 27, 20241 min read


Adani Shock Rattles ESG Fund Managers For "Terrible" Bet
Environmental, social, and governance (ESG) fund managers are grappling with another high-profile misstep after Adani Green Energy Ltd...

By The Financial District
Nov 27, 20241 min read


Adanis Knew Of U.S. Probe Before Selling Solar Assets to TotalEnergies
Gautam Adani and his nephew Sagar Adani were aware their renewable energy company was under investigation by U.S. authorities for...

By The Financial District
Nov 26, 20241 min read


Hyundai, Kia Recall 208,000 EVs Over Power Loss Issue
Hyundai and Kia are recalling over 208,000 electric vehicles to address a problem that could cause a loss of drive power, increasing the...

By The Financial District
Nov 26, 20241 min read


Huawei Targets Mass Production Of Advanced AI Chip By Early 2025
China’s Huawei plans to begin mass production of its most advanced artificial intelligence (AI) chip, the Ascend 910C, in the first...

By The Financial District
Nov 26, 20241 min read


Northvolt CEO Steps Down Amid Bankruptcy Filing
Peter Carlsson, CEO of Swedish EV battery maker Northvolt, has resigned a day after the company filed for Chapter 11 bankruptcy protection..

By The Financial District
Nov 26, 20241 min read


Adani Group Sees $30 Billion In Value Evaporate After U.S. Indictments
Shares of Adani Group companies lost about $28 billion in market value during trading after US prosecutors charged Gautam Adani...

By The Financial District
Nov 26, 20241 min read


CNBC, MSNBC Will Be Orphaned As Ties With NBC News Are Cut
Comcast’s corporate reorganization will result in two television networks with “NBC” in their names—CNBC and MSNBC—losing any corporate...

By The Financial District
Nov 26, 20241 min read
bottom of page





![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)