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Indonesia Asks Apple, Google To Block China’s Temu To Protect Its Merchants
Indonesia has asked Alphabet's Google and Apple to block Chinese fast fashion e-commerce firm Temu in their application stores in the...

By The Financial District
Oct 18, 20241 min read


Swedish Court Upholds Ruling Against Tesla In Labor Dispute
A Swedish district court has upheld a preliminary ruling that Sweden's postal service, Postnord, does not need to deliver license plates...

By The Financial District
Oct 16, 20241 min read


Lufthansa's Risky Italy Bet Hinges On Rome Airport Expansion
Lufthansa's long-promised turnaround of Italy's ITA Airways, crucial to help revive the German airline's fortunes, is interlinked with...

By The Financial District
Oct 16, 20241 min read


Bayer Must Pay $78 Million In Latest Roundup Cancer Trial
Bayer must pay $78 million to a Pennsylvania man who said he developed cancer from using the company's Roundup weedkiller.

By The Financial District
Oct 16, 20241 min read


NLRB Judge Says IT Firm's Noncompete Agreement Is Legal
A National Labor Relations Board (NLRB) administrative judge has ruled that IT services provider NTT Data did not violate employees'...

By The Financial District
Oct 16, 20241 min read


Strike-Hit Boeing Leaves Experts Puzzled By Strategy
A historic round of cost-cutting measures at Boeing has left experts perplexed, raising questions about whether the aviation giant is...

By The Financial District
Oct 16, 20241 min read


U.S. Labor Chief Intervenes In Boeing Strike
US Acting Labor Secretary Julie Su flew to Seattle to try to ease the strike by Boeing factory workers, as thousands of employees face...

By The Financial District
Oct 15, 20241 min read


Concerns Persist Over Osaka Expo Preparations 6 Months Before Opening
With Sunday marking six months until the opening of the 2025 World Expo in Osaka, concerns persist about whether the construction of...

By The Financial District
Oct 15, 20241 min read


U.S. Private Equity Firm Set To Win Sanofi's Consumer Health Division
A proposed offer from Clayton, Dubilier & Rice (CD&R) would result in the sale of Sanofi’s 50% stake in Opella, which makes over-the...

By The Financial District
Oct 15, 20241 min read


Bath And Body Works Apologizes For Selling Candles Resembling Ku Klux Klan Hoods
Bath and Body Works has stopped selling a candle decorated with a winter theme that many online commenters compared to a Ku Klux Klan hood.

By The Financial District
Oct 15, 20241 min read


Meralco to Advance Nuclear Energy Adoption In PH
The Manila Electric Company (Meralco) and South Korea’s Samsung C&T Corporation have signed a memorandum of understanding (MOU) to advance..

By The Financial District
Oct 15, 20242 min read


DP World's UK Gateway Port Investment Going Ahead: Minister
Port and logistics firm DP World is proceeding with a £1 billion ($1.3 billion) investment in its London Gateway port.

By The Financial District
Oct 15, 20241 min read


Mystery Surrounds Musk Interview With U.S. Regulators
U.S. regulators and representatives of Elon Musk have remained tight-lipped about whether the billionaire attended an interview concerning..

By The Financial District
Oct 14, 20241 min read


UK Workers Must Keep All Customer Tips Under New Law
Workers are now entitled to receive all tips from customers under a new law that bans firms from withholding these payments—whether in...

By The Financial District
Oct 14, 20241 min read


COO Of Truth Social’s Parent Company Resigns
The chief operating officer of Truth Social's parent company has resigned, and the company must hand over almost 800,000 shares to one of...

By The Financial District
Oct 14, 20241 min read


Zuckerberg Joins Exclusive $200-B Club As Second-Richest Person In The World
Mark Zuckerberg’s wealth keeps growing. The Meta CEO is now the second-richest person in the world, overtaking Jeff Bezos and Bernard...

By The Financial District
Oct 14, 20241 min read


Stellantis Sues UAW In Federal Court Over Strike Threats
Chrysler parent Stellantis filed a federal lawsuit against the United Auto Workers (UAW), claiming the union has violated its contract by...

By The Financial District
Oct 14, 20241 min read


China's Chery Builds Cars In Russian Plants Vacated By Western Rivals
Chinese carmaker Chery has begun assembling cars in Russia for domestic sale at three factories vacated by Western automakers, including...

By The Financial District
Oct 14, 20241 min read


The Power Of Disinformation
The Northern Davao Electric Cooperative (NORDECO) has once again found itself in the crosshairs of controversy amid its struggle to...

By The Financial District
Oct 13, 20243 min read


Vantage Energy And Pepsi Partner To Power Manufacturing Facilities
Vantage Energy Solutions and Management Inc., an affiliate of the Manuel V. Pangilinan-led Meralco, has signed a contract with Pepsi-Cola...

By The Financial District
Oct 13, 20242 min read


Meralco Brings Power Rate Relief In October 2024
The Manila Electric Company (Meralco) has announced a significant reduction in electricity rates for October 2024, much to the relief of...

By The Financial District
Oct 13, 20242 min read


Megaworld’s MREIT To Acquire Six Prime Property Assets Worth PHP13.15 Billion
MREIT, Inc., the Real Estate Investment Trust (REIT) arm of township developer Megaworld Corporation, announced that it has received...

By The Financial District
Oct 12, 20242 min read


Unilever Sells Its Business In Russia
Unilever, the owner of brands such as Dove soap and Hellmann’s mayonnaise, announced that it has completed the sale of its Russian...

By The Financial District
Oct 11, 20241 min read


Delta's Q3 Profit Falls Below $1 Billion After Thousands of Cancellations
Delta Air Lines' third-quarter earnings dropped by 26%, as the company faced challenges from a global technology outage that led to...

By The Financial District
Oct 11, 20241 min read
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