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Bataan Freeport Zone Allegedly Operating As Scam Hub Raided
Authorities have raided a large facility inside the freeport zone in Bataan, allegedly operating as a scam hub, and rescued close to a...

By The Financial District
Nov 2, 20241 min read


PetroChina Set To Shut Top North China Refinery Next Year
PetroChina is set to shut its largest domestic oil refinery around mid-2025, sources said, marking the country’s first major closure at a...

By The Financial District
Nov 1, 20241 min read


Renault Tops Expectations As New Model Boosts Sales
French car manufacturer Renault has experienced better-than-expected revenue performance in the third quarter of the year, as demand for...

By The Financial District
Nov 1, 20241 min read


Coca-Cola Austria Recalls Millions Of Plastic Bottles Over Safety Concerns
Coca-Cola HBC Austria has issued a recall for millions of plastic bottles following concerns that some products may contain metal.

By The Financial District
Nov 1, 20241 min read


Russia Fines Google An Amount Larger Than Global GDP
A Russian court has ordered Google to pay a sum so large that even the Kremlin admitted to NBC News reporter David Nodari that it was more..

By The Financial District
Nov 1, 20241 min read


Volkswagen to Close 3 Factories In Germany
Volkswagen's management plans to close at least three plants, cut tens of thousands of jobs, and reduce pay by 10% for remaining staff.

By The Financial District
Nov 1, 20241 min read


Largest Data Center In The Philippines To Be Ready By Next Year
ST Telemedia Global Data Centres (STT GDC) Philippines has announced that its first phase of operations for the STT Fairview 1 data center..

By The Financial District
Nov 1, 20242 min read


Boeing, Striking Union Hold Meeting After Contract Rejection
A union representing about 33,000 striking U.S. West Coast factory workers said recently that it had met with Boeing for the first time...

By The Financial District
Nov 1, 20241 min read


ERC Chair Dimalanta Reassumes Post; NGCP Review Expected
Malacañang has reinstated Energy Regulatory Commission (ERC) Chair Monalisa Dimalanta following the lifting of her preventive suspension...

By Lito U. Gagni
Nov 1, 20242 min read


PAGCOR Sees 42% Rise In Revenues To PHP79.43 Billion
The Philippine Amusement and Gaming Corporation (PAGCOR) announced today that its revenues for the first nine months of the year reached...

By The Financial District
Oct 31, 20242 min read


One Meralco Foundation: Lighting Up Homes, Livelihoods... And Lives In Caloocan
A total of 98 low-income households in Camarin, Caloocan now have safe and reliable access to electricity, thanks to support from One...

By The Financial District
Oct 31, 20242 min read


Mining Giants Sign $30 Billion Settlement For 2015 Brazil Dam Disaster
Mining giants BHP and Vale have signed a nearly $30-billion (£23-billion) settlement with the Brazilian government in connection with the...

By The Financial District
Oct 31, 20241 min read


AboitizPower And Visayan Electric Illuminate Cebu’s Energy Future
Aboitiz Power Corporation, in collaboration with its subsidiary Visayan Electric Company Inc. (Visayan Electric), recently hosted an...

By The Financial District
Oct 31, 20242 min read


Meralco Accelerates Philippines’ Electric Vehicle Adoption
The Manila Electric Company (Meralco), under the leadership of Manuel V. Pangilinan, is taking bold steps to drive electric vehicle (EV)...

By The Financial District
Oct 31, 20242 min read


Tesla Posts Surprise $2.17 Billion 3Q Profit
Tesla’s third-quarter net income rose 17.3% compared to the previous year, driven by stronger electric vehicle (EV) sales.

By The Financial District
Oct 31, 20241 min read


Grateful Dead Bassist Phil Lesh Has Died At 84
Phil Lesh, bassist and founding member of the iconic rock band Grateful Dead, has passed away at the age of 84.

By The Financial District
Oct 30, 20241 min read


McDonald’s Quarter Pounder Back On Menu After E. Coli Scare
McDonald’s has announced that Quarter Pounders will again be available at hundreds of its restaurants after tests ruled out beef patties...

By The Financial District
Oct 30, 20242 min read


U.S. Receives $100-M Settlement For Baltimore Bridge Collapse
The owners of a container ship that crashed into Baltimore's Francis Scott Key Bridge have been ordered to pay the US government more than..

By The Financial District
Oct 30, 20241 min read


Bezos Defends Washington Post’s Decision Not To Endorse Harris
Washington Post owner Jeff Bezos defended the newspaper’s decision not to endorse a U.S. presidential candidate after reports surfaced...

By The Financial District
Oct 30, 20241 min read


ByteDance Founder Zhang Yiming Tops China’s Rich List
ByteDance founder Zhang Yiming has topped the list of China’s richest people.

By The Financial District
Oct 30, 20241 min read


Google’s Partnership With Anthropic Faces UK Competition Scrutiny
Britain’s competition watchdog has announced that it is opening a formal investigation into Google’s partnership with artificial...

By The Financial District
Oct 29, 20241 min read


Tesla Posts Surprise $2.17 Billion 3Q Profit
Tesla’s third-quarter net income rose 17.3% compared to the previous year, driven by stronger electric vehicle (EV) sales. CEO Elon Musk...

By The Financial District
Oct 29, 20241 min read


Bayer’s New Roundup Is 45 Times More Toxic
After acquiring Monsanto and facing tens of thousands of lawsuits, Bayer promised to remove cancer-linked glyphosate from its commercial...

By The Financial District
Oct 29, 20242 min read


Capri Shares Tumble 46% As Court Blocks $8.5 Billion Merger With Tapestry
Shares of Michael Kors owner Capri plummeted nearly 46% in premarket trading after a U.S. judge blocked its pending $8.5 billion merger...

By The Financial District
Oct 29, 20241 min read
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