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Figaro Coffee Revenues Rise By 27% To ₱5.45 Billion
Figaro Coffee Group, Inc. (FCG), the holding company behind popular food and beverage brands including Figaro Coffee, Angel’s Pizza, and...

By The Financial District
Nov 16, 20242 min read


Century Properties Nets ₱1.8 Billion For First 9 Months
Listed real estate developer Century Properties Group Inc. (CPG) reported a consolidated net income after tax (NIAT) of ₱1.8 billion for...

By The Financial District
Nov 16, 20242 min read


1,100 Workers At Toledo, Ohio Jeep Plant Face Layoffs
About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps...

By The Financial District
Nov 15, 20241 min read


Philippine Gaming Industry GGR Up 37.52% In Q3
The Philippine Amusement and Gaming Corporation (PAGCOR) announced a 37.52% year-on-year increase in Gross Gaming Revenue (GGR) for the...

By The Financial District
Nov 15, 20241 min read


Citicore RE Revenues Surge 29% To ₱3.89 Billion
Citicore Renewable Energy Corporation (CREC) reported a 29% year-on-year increase in revenues, reaching P3.89 billion in the first nine...

By The Financial District
Nov 15, 20241 min read


SpaceX Requests Taiwanese Suppliers To Move Production Overseas
Elon Musk’s SpaceX has requested Taiwanese suppliers to shift manufacturing operations outside of Taiwan due to geopolitical risks.

By The Financial District
Nov 14, 20241 min read


Netflix’s Ad-Supported Tier Hits 70 Million Users
Netflix has announced that its ad-supported tier now has 70 million monthly active users globally, nearly doubling the number reported...

By The Financial District
Nov 14, 20241 min read


VW To Recall 114,000 U.S. Vehicles Over Airbag Issue
Volkswagen will recall 114,478 vehicles in the United States due to concerns over the driver-side airbag.

By The Financial District
Nov 14, 20241 min read


Samsung Electronics Shares Hit 4-Year Low On Tariff Concerns
Shares in Samsung Electronics, the world’s leading memory chip maker, fell on Wednesday to their lowest level in over four years.

By The Financial District
Nov 14, 20241 min read


IABC PH Triple P Awards Spotlights Sustainability Champion: Meralco’s Raymond Ravelo As ESG Thought Leader of the Year
The International Association of Business Communicators (IABC) Philippines’ esteemed title of ESG Thought Leader of the Year was awarded...

By The Financial District
Nov 14, 20243 min read


India's Luxury Airline Vistara Flies Into The Sunset, Merges With Air India
Indian full-service luxury carrier Vistara will operate its last flight on Monday after nine years of service.

By The Financial District
Nov 13, 20241 min read


Boeing CEO Faces Challenge Of Mending Divisions After Strike
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with repairing a...

By The Financial District
Nov 13, 20241 min read


Union Official Says Philadelphia Mass Transit Strike Is Imminent
Thousands of workers in Philadelphia's mass transit system could go on strike soon unless their union reaches an agreement on a new...

By The Financial District
Nov 13, 20241 min read


Nissan, Mitsubishi To Set Up EV Battery, Autonomous Car Service Joint Venture
Nissan Motor Co. and trading house Mitsubishi Corp. are planning to establish a joint venture by March 2025 to provide services using auto..

By The Financial District
Nov 12, 20241 min read


Vietnam Says Temu, Shein Must Register Or Face Block
Vietnam announced that Chinese e-commerce platforms Shein and Temu must register with the government by the end of November or face...

By The Financial District
Nov 12, 20241 min read


CREC Locks In Supply Deal With Trinasolar
Citicore Renewable Energy Corporation (CREC), a leading player in the Philippine renewable energy sector, has cemented its commitment to...

By The Financial District
Nov 12, 20242 min read


Warner Bros Discovery Posts Profit As Olympics Boost Streaming
Warner Bros Discovery reported a surprise quarterly profit as cost controls and an Olympics-driven record jump in streaming subscribers...

By The Financial District
Nov 12, 20241 min read


Toyota Aims To Ramp Up China Production
Toyota plans to produce at least 2.5 million vehicles annually in China by 2030, an overhaul that will streamline its Chinese sales and...

By The Financial District
Nov 12, 20241 min read


Sony Profit Jumps As Games Offset Weak Movie Performance
Sony has reported that its operating profit rose 73% in the July-September quarter, with strong sales in its game and network business...

By The Financial District
Nov 12, 20241 min read


Jollibee Declares Cash Dividends
Jollibee Foods Corporation (JFC) has declared a regular cash dividend of PHP1.82 per common share, payable on December 10, 2024, to share...

By The Financial District
Nov 12, 20241 min read


TSMC To Freeze Production Of Advanced AI Chips For China
Taiwan Semiconductor Manufacturing Co. (TSMC) has notified Chinese chip design companies that it is suspending production of their...

By The Financial District
Nov 12, 20241 min read


SM Prime Nets PHP30 Billion In Nine Months
SM Prime Holdings, Inc. (SM Prime), a leading integrated property developer in Southeast Asia, reported PHP33.9 billion in consolidated...

By The Financial District
Nov 12, 20241 min read


Facebook and Nvidia Ask U.S. Supreme Court To Shield Them From Securities Fraud Suits
The U.S. Supreme Court is set to consider requests by two tech giants—Meta's Facebook and Nvidia—to fend off federal securities fraud...

By The Financial District
Nov 12, 20241 min read


Japanese Nuclear Reactor Shut Down Again After 13-Year Hiatus Following Fukushima
A Japanese nuclear reactor that restarted recently for the first time in over 13 years, after surviving the massive 2011 earthquake and...

By The Financial District
Nov 12, 20241 min read
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