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Toyota To End Olympic Sponsorship After Paris Games
Vehicle manufacturer Toyota is set to end its massive sponsorship deal with the International Olympic Committee (IOC) after this year’s...

By The Financial District
May 28, 20241 min read


12 Hurt As Turbulence Hits Qatar Airways Jet
Twelve people were injured when a Qatar Airways plane flying from Doha to Dublin hit turbulence.

By The Financial District
May 28, 20241 min read


Meralco Eyes 500 MW RE Capacity Supply
The Manila Electric Company (Meralco) has started the Competitive Selection Process (CSP) for 500 megawatts (MW) of mid-merit renewable...

By The Financial District
May 28, 20241 min read


Apple: Competition In iPhone App Payments Hasn’t Increased
Longtime Apple executive Phil Schiller has acknowledged a court-ordered makeover of the US payment system in its iPhone app store hasn’t...

By The Financial District
May 28, 20241 min read


Sony To Boost Anime Business As Major Revenue Source
Sony Group Corp. said it will boost its animation business by utilizing its leading-edge technologies, aiming to make it a major revenue...

By The Financial District
May 27, 20241 min read


PH Largest Steel Producer Ships PHP1.5 Billion Steel Bars to Canada
SteelAsia Manufacturing Corp., the largest steel producer in the Philippines with multiple plants located in Luzon, Visayas, and Mindanao...
By Reggie Vizmanos
May 27, 20241 min read


Microsoft Offers AMD Alternative To Its Cloud Customers
Microsoft plans to offer its cloud computing customers a platform of AMD artificial intelligence (AI) chips that will compete with...

By The Financial District
May 27, 20241 min read


Transport Ministry Reviews JAL Safety After Spate Of Incidents
Japan's transport ministry has carried out an inspection at a Japan Airlines Co. office at Haneda Airport in Tokyo following a series of...

By The Financial District
May 27, 20241 min read


Toshiba to Cut 6% Of Domestic Workforce
Toshiba Corp. announced plans to cut up to 6% of its workforce in Japan, equivalent to about 4,000 jobs, by offering early retirement...

By The Financial District
May 27, 20241 min read


DuPont Breaking Up Into 3 Publicly-Traded Companies
DuPont de Nemours, the American multinational chemical company that traces its history back to 1802, has announced plans to split into...

By The Financial District
May 27, 20241 min read


PAGCOR: Solaire Resort North Marks New Era In Gaming, Tourism
Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco on Saturday hailed Bloomberry Resorts Corp...

By The Financial District
May 27, 20242 min read


Mondelez Fined $366-M For Rigging European Markets
Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of...

By The Financial District
May 24, 20241 min read


Meralco: Investing In A Sustainable Future For The Philippines
The Manila Electric Company (Meralco), the largest private sector electric power distribution company in the Philippines, has long been a...

By The Financial District
May 24, 20243 min read


MPower And JX Metals: Rekindling A Sustainable Partnership
JX Metals Philippines Inc. has once again chosen MPower as its retail electricity supplier in a move reaffirming a longstanding commitment..

By The Financial District
May 24, 20242 min read


Scarlett Johansson's AI Row Confirms Silicon Valley's Bad Culture
The phrase “Move fast and break things” comes to mind this week when actress Scarlett Johansson clashed with OpenAI.

By The Financial District
May 24, 20242 min read


U.S. To Sue Ticketmaster Owner Live Nation
The US Justice Department (DOJ) is set to file a competition lawsuit against entertainment giant Live Nation, sources familiar with the...

By The Financial District
May 24, 20241 min read


VW Delays ID.7 EV Launch In U.S., Canada
Volkswagen has delayed the launch of its electric ID.7 sedan in the US and Canada, citing changing market dynamics.

By The Financial District
May 23, 20241 min read


Buffett Bares $7-B Stake In Swiss Insurer Chubb
Warren Buffett’s Berkshire Hathaway disclosed a new $7 billion stake in Chubb, a Swiss insurer.

By The Financial District
May 23, 20241 min read


Indonesia Pitches EV Battery Plant Plan To Elon Musk
Indonesia’s top investment official said that the government has proposed to Tesla CEO Elon Musk the construction of an electric vehicle...

By The Financial District
May 23, 20241 min read


Saudi Carrier Orders More Than 100 Airbus Jets
Saudi Arabia’s national airline ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists.

By The Financial District
May 23, 20241 min read


Uber, Lyft Not Leaving Minnesota After All
Ride-hailing companies Uber and Lyft said they will keep operating in Minnesota now that state lawmakers have passed a measure that will...

By The Financial District
May 22, 20241 min read


Ryanair Profits Surge After Hiking Fares By 20%
No-frills airline Ryanair has reported a strong rise in full-year profits after raising its fares by more than a fifth.

By The Financial District
May 22, 20241 min read


Japanese Firms Offer Highest Pay Hike In 32 Years
A survey of major Japanese firms showed they offered their highest monthly wage increases in 32 years at over 5% in the spring wage...

By The Financial District
May 22, 20241 min read


Target To Slash Prices On About 5,000 Basic Goods
Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and..

By The Financial District
May 22, 20241 min read
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