top of page
Search


Musk "Beats" $500-M Severance Lawsuit By Fired Twitter Workers On Technicality
Elon Musk won the dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands of Twitter employees...

By The Financial District
Jul 17, 20242 min read


Burberry Axes CEO And Dividend, Warns On Profit
British luxury group Burberry named former Michael Kors boss Joshua Schulman as its new chief executive on Monday, axing Jonathan Akeroyd...

By The Financial District
Jul 16, 20241 min read


Germany To Strip Huawei From 5G Core Network By 2026
Germany’s ruling coalition has agreed on a compromise proposal to strip Huawei Technologies Co. components from the nation’s 5G core...

By The Financial District
Jul 16, 20241 min read


Dyson To Axe Around 1,000 Jobs In The UK
Vacuum cleaner manufacturer Dyson will cut about 1,000 jobs in Britain as part of a global restructuring.

By The Financial District
Jul 16, 20241 min read


TSMC’s 2Q Results To Further Boost $420-Billion Rally As AI Demand Soars
Taiwan Semiconductor Manufacturing Co.’s $420 billion equity rally this year will get a valuation test next week when it reports earnings...

By The Financial District
Jul 16, 20241 min read


KKR To Cut Stake In Chip Tool Maker Kokusai Electric
Private equity firm KKR plans to cut its stake in Kokusai Electric.

By The Financial District
Jul 16, 20241 min read


Zepbound and Mounjaro Better Than Weight Loss Drugs Wegovy, Ozempic
As companies race to capture the weight loss drug market, which Goldman Sachs analysts predict will soon be worth $100 billion, one drug...

By The Financial District
Jul 15, 20241 min read


Temasek U.S. Bets Exceed China’s For First Time In 10 Years
Temasek Holdings Pte’s investments in China are now smaller than those in the Americas for the first time in at least a decade.

By The Financial District
Jul 15, 20241 min read


Empowering Communities: One Meralco Energizes 255 Homes In Bulacan
One Meralco Foundation (OMF), the corporate social responsibility arm of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has...

By The Financial District
Jul 15, 20242 min read


NHTSA Probes Loss of Power In 94,000 Jeep Wranglers
The US government’s auto safety agency is investigating a potential “loss of motive power” in more than 94,000 Jeep Wrangler 4xe vehicles.

By The Financial District
Jul 15, 20242 min read


Unilever to Slash A Third Of Its European Workforce
Unilever plans to cut a third of its office-based roles in Europe by the end of 2025.

By The Financial District
Jul 15, 20241 min read


PepsiCo’s 2Q Profits Up Even As Customers Cut Back On Buying
PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more...

By The Financial District
Jul 15, 20241 min read


Boeing Begins 777-9 Certification Flight Trials With U.S. FAA
Boeing has started certification flight testing of its long-delayed 777-9 with US aviation regulators onboard.

By The Financial District
Jul 15, 20241 min read


Buffett Would Be World's Richest Person If Not For Philanthropy
Warren Buffett shocked the world in 2006 when he pledged to give away nearly all of his vast fortune.

By The Financial District
Jul 15, 20242 min read


Eli Lilly To Purchase Morphic Holding For $3.2 Billion
Eli Lilly will acquire biopharmaceutical firm Morphic Holding in a deal valued at $3.2 billion.

By The Financial District
Jul 15, 20241 min read


BMW Leads German Premium Car Brands In First-Half Sales
BMW reported the strongest sales among Germany's top three premium carmakers in the first half of the year, significantly boosting battery..

By The Financial District
Jul 15, 20241 min read


Disney Adds New Ship In Tokyo For Its Cruise Business
Walt Disney has unveiled plans to launch a new cruise ship that will set sail from Tokyo starting in 2028, adding a ninth vessel to the...

By The Financial District
Jul 15, 20241 min read


PAGCOR: H1 Net Income Hits PHP6.56B; Larger Contribution To Nation-Building Seen
The Philippine Amusement and Gaming Corporation (PAGCOR) has announced that its net income for the first half of 2024 has reached PHP6.56...

By The Financial District
Jul 15, 20242 min read


VW Under Pressure As China Sales Fall, Audi Falters
Volkswagen shares slipped after an overnight profit warning triggered partly by the potential closure of an Audi plant and a 3.8% drop in...

By The Financial District
Jul 14, 20241 min read


Boeing Sold Just Three Passenger Jets In The Past Month
Boeing said it sold just 14 new jets in the past month, with most of those coming as freighter sales.

By The Financial District
Jul 13, 20242 min read


Unionized Samsung Workers On "Indefinite" Strike
Unionized workers at Samsung Electronics declared an indefinite strike on Wednesday to pressure South Korea’s largest company to accept...

By The Financial District
Jul 12, 20241 min read


REDC Provides The Dumagats Scholarships And Financial Share From Hydropower Ops
Repower Energy Development Corporation (REDC), a subsidiary of Pure Energy Holdings Corporation, is extending scholarships and financial...

By The Financial District
Jul 12, 20242 min read


MSpectrum Unveils Solar Rooftop Project In Batangas
MSpectrum Inc., the solar arm of the Manila Electric Company (Meralco), has successfully launched a solar rooftop facility for Citizen...

By The Financial District
Jul 12, 20242 min read


BYD Inks $1-B Deal To Build EV Plant In Turkey
China's biggest electric-car maker, BYD, has agreed to a $1-billion (£780 million) deal to set up a manufacturing plant in Turkey as it...

By The Financial District
Jul 11, 20241 min read
bottom of page





![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)