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Japan Drugmaker Bosses Quit As Firm Probes Deaths
Two top executives at Japanese drugmaker Kobayashi Pharmaceutical are stepping down as an investigation continues into 80 deaths that...

By The Financial District
Jul 24, 20241 min read


U.S. To Quiz Delta Over Massive Cancellations
US airline regulators have opened an investigation into Delta Air Lines, which is still struggling to restore operations, more than four...

By The Financial District
Jul 24, 20241 min read


Founder of South Korea’s Kakao Tech Giant Arrested For Stock Manipulation
The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su, was arrested this week on accusations of manipulating stocks...

By The Financial District
Jul 24, 20241 min read


Boeing Stays Close To The Ground At Major UK Air Show
an ongoing safety and manufacturing crisis has rival Boeing keeping a lower profile at the Farnborough International Air Show.

By The Financial District
Jul 24, 20242 min read


Trial of Vietnamese Tycoon In $146-M Graft Case Starts
A Vietnamese property and aviation tycoon charged with $146 million in fraud and stock market manipulation went on trial in Hanoi this week.

By The Financial District
Jul 24, 20241 min read


Key Insights Into The Global Workplace
Despite slight improvements, global employee engagement remains static, with only 23% of employees feeling involved and enthusiastic about..

By The Financial District
Jul 24, 20243 min read


Boeing Sees Huge Improvement In 737 MAX Production
Boeing has seen a significant improvement in production at its 737 MAX factory, its new commercial planes chief said on Sunday, as the US...

By The Financial District
Jul 23, 20241 min read


Berkshire Sells $1.48-B Bank of America Shares
Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week.

By The Financial District
Jul 23, 20241 min read


ASML Falls As Risk Of Stiff U.S. Export Curbs Rises
ASML Holding NV fell as the prospect of more severe US restrictions on its business in China offset growth in the Dutch firm’s order...

By The Financial District
Jul 23, 20242 min read


Microsoft Says 8.5-M Of Its Devices Hit By CrowdStrike Outage
A global tech outage related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft devices.

By The Financial District
Jul 23, 20241 min read


Nokia Reports 32% Drop In Profit But Sees Recovery In 2nd Half
Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment.

By The Financial District
Jul 23, 20241 min read


TSMC Q2 Profit Rises 36%, Beating Forecast
A Taiwanese chipmaker posted a 36% rise in second-quarter net profit that beat market expectations as it rides a surge in demand for semi...

By The Financial District
Jul 22, 20241 min read


UK Amazon Workers Narrowly Reject Union In Historic Vote
The GMB has narrowly lost its historic bid for union recognition at the Amazon warehouse in Coventry.

By The Financial District
Jul 22, 20241 min read


Data Of AT&T Customers Downloaded To Third-Party Platform
The data of nearly all customers of the telecommunications giant AT&T was downloaded to a third-party platform in a security breach.

By The Financial District
Jul 22, 20241 min read


Iconic Mirage In Las Vegas Closes After 34 Years
The Mirage Hotel and Casino on the Las Vegas Strip has closed, ending 34 years in business.

By The Financial District
Jul 22, 20241 min read


Disneyland Workers Vote To Authorize Strike
Disneyland employees in California authorized a strike in a union-wide vote, opening the door to withholding their labor from...

By The Financial District
Jul 22, 20241 min read


Metro Pacific Revs Up mWell Mega App
Metro Pacific Investments Corporation (MPIC) has teamed up with foreign partners in its global push to expand mWell, the Philippines'...

By The Financial District
Jul 19, 20243 min read


Musk To Move SpaceX And X Headquarters From California To Texas
Billionaire Elon Musk has announced plans to move the headquarters of two of his most high-profile companies, rocket firm SpaceX and...

By The Financial District
Jul 19, 20241 min read


Amazon Prime Day "Major Cause Of Injuries" For Workers: Senate
Amazon’s warehouses are especially dangerous for workers during the company’s annual Prime Day event, as well as the holiday season.

By The Financial District
Jul 19, 20241 min read


Meralco Secures 500-MW Renewable Energy Supply
The Manila Electric Company (Meralco) has recently made a significant stride in its sustainability efforts by securing 500 megawatts (MW)...

By The Financial District
Jul 19, 20242 min read


Boeing Factory Workers Poised To Approve Strike
Boeing's Washington state factory workers will vote on Wednesday on whether to give their union a strike mandate as they seek a 40% raise...

By The Financial District
Jul 18, 20241 min read


Hyundai Motor, SoKor Workers Union Shake On Wage Deal
Hyundai Motor and a union representing its South Korean workers sealed a wage deal over the weekend that will boost annual pay by about...

By The Financial District
Jul 17, 20241 min read


Meralco Announces Rate Adjustment
The Manila Electric Company (Meralco) has announced an upward adjustment in its electricity rate this July, marking a return to normalized..

By The Financial District
Jul 17, 20242 min read


Macy's Ends Buyout Discussions With Arkhouse And Brigade
Macy's has ended its buyout discussions with Arkhouse Management and Brigade Capital, saying that their raised offer lacked the certainty...

By The Financial District
Jul 17, 20241 min read
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