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Intel Cost-Cutting Includes Altera Spin-Out, Retreat From German Plant
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to cut...

By The Financial District
Sep 9, 20241 min read


Nvidia Faces Major Trouble, Analyst Says
Nvidia, the AI chipmaking giant that briefly became the world’s most valuable company, has found itself in a major slump.

By The Financial District
Sep 8, 20241 min read


Harris Says U.S. Steel Should Remain In American Hands
US Vice President Kamala Harris stated that US Steel should remain in domestic hands as she intensified outreach efforts to voters.

By The Financial District
Sep 8, 20241 min read


Harrods’ Qatari Owners Take £180-Million Dividend As Sales Soar
Department store Harrods distributed £180 million in dividends to its Qatari owners for the second consecutive year after defying a...

By The Financial District
Sep 8, 20241 min read


Metro Pacific Water Solutions Unveiled: A New Era in Water And Wastewater Management
Metro Pacific Water Solutions, the newly rebranded water and wastewater technology company, was officially launched in a grand event held...

By The Financial District
Sep 8, 20242 min read


Norway SWF Backs Nike Shareholder Plea On Workers' Rights
Norway’s wealth fund will support a proposal urging Nike to examine whether binding agreements with workers would improve its ability to...

By The Financial District
Sep 8, 20241 min read


Toyota's July Global Output Drops 0.6%, Smallest Decline in Six Months
Toyota Motor Corp. has reported that its global production fell by 0.6% in July compared to the previous year, totaling 804,610 vehicles.

By The Financial District
Sep 8, 20241 min read


Abbott Launches Lingo: Prescription-Free CGM
Abbott Laboratories has officially unveiled its groundbreaking health and wellness product, Lingo, now available in the U.S. without a...

By The Financial District
Sep 7, 20242 min read


Meralco Powers Railway Renaissance
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has committed to playing a vital role in advancing the government’s ambitious...

By The Financial District
Sep 7, 20242 min read


China's Top Airlines Post Losses As Foreign Tourists Avoid Beijing
China's leading state-owned airlines posted losses for the first half of the year, hindered by a slower-than-expected rebound in inter...

By The Financial District
Sep 7, 20241 min read


Selena Gomez Now Officially A Billionaire
Selena Gomez has added yet another achievement to her already impressive list—she’s now officially a billionaire.

By The Financial District
Sep 7, 20241 min read


MERALCO Commits To Fully Support Government Housing Projects
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has partnered with the Department of Human Settlements and Urban Development...

By The Financial District
Sep 6, 20242 min read


Samsung Shows Interest In Nokia Mobile Networks Assets
Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn interest from suitors including...

By The Financial District
Sep 6, 20241 min read


Dell Raises Forecasts as Demand Surges For AI Servers
Dell Technologies has raised its annual revenue and profit forecasts, buoyed by strong demand for its AI-optimized servers powered by...

By The Financial District
Sep 6, 20241 min read


PAGCOR Brings Swift Aid To 5,500 Families In Flood-Hit Communities
Braving heavy rains and floods, the Philippine Amusement and Gaming Corporation (PAGCOR) provided timely relief goods to several...

By The Financial District
Sep 5, 20241 min read


Communications Workers Of America Withdraws From Mediation With AT&T
The Communications Workers of America (CWA) has informed AT&T and the Federal Mediation and Conciliation Service (FMCS) that it will no...

By The Financial District
Sep 5, 20241 min read


Starlink Emerges As Fresh Battleground Between Musk and Brazil
Tensions between Brazil and Elon Musk's business empire escalated further as the country's telecom regulator threatened to sanction his...

By The Financial District
Sep 5, 20241 min read


Analysts Overhaul Nvidia Stock Price Targets After Q2 Earnings
Nvidia shares slipped in recent trading but pared the worst of their post-earnings declines.

By The Financial District
Sep 5, 20241 min read


Rolls-Royce Market Price Plunges After Engine Trouble
Rolls-Royce saw £2.7 billion knocked off its stock market value this week after a major customer said it had discovered problems with one...

By The Financial District
Sep 5, 20241 min read


VW Mulls Closing German Factories, A First In Its 87-Year History
Volkswagen is considering closing factories in Germany for the first time in its 87-year history as the carmaker battles to cut costs and...

By The Financial District
Sep 5, 20242 min read


AboitizPower Pushes For Energy Security
Aboitiz Power Corporation (AboitizPower), one of the Philippines' largest power producers, emphasizes the need for long-term planning and...

By The Financial District
Sep 5, 20242 min read


UK Defense Firms Seek Long-Term Reassurance Amid Surge In Orders
The war in Ukraine, ongoing since 2022, has led to a significant increase in defense spending across Western nations.

By The Financial District
Sep 4, 20241 min read


U.S. Labor Hotel Strikes Show Frustration Of Women Workers Of Color
More than 10,000 workers at 25 hotels across the US went on strike Monday after choosing Labor Day weekend to amplify their demands for...

By The Financial District
Sep 4, 20241 min read


South Korean Cops Probe Telegram Over Online Sex Crimes: Yonhap
South Korean police have launched an investigation into the messaging platform Telegram over deepfake online sex crimes.

By The Financial District
Sep 4, 20241 min read
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