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    RUSSIAN BILLIONAIRE LOSES $1.5-B IN ONE DAY AFTER SPILL AT NORILSK
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    • Jun 6, 2020
    • 1 min

    RUSSIAN BILLIONAIRE LOSES $1.5-B IN ONE DAY AFTER SPILL AT NORILSK

    Vladimir Potanin, head and beneficiary of Norilsk Nickel, lost $ 1.5 billion on June 4 after the price of the company’s shares dropped follo
    HUAWEI HID IRAN BUSINESS AFTER REUTERS REPORT ON LINKS TO CFO
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    • Jun 5, 2020
    • 2 min

    HUAWEI HID IRAN BUSINESS AFTER REUTERS REPORT ON LINKS TO CFO

    China’s Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited US computer gear to Iran, after
    US AUTOMAKERS GRAPPLE WITH LACK OF PARTS
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    • Jun 4, 2020
    • 2 min

    US AUTOMAKERS GRAPPLE WITH LACK OF PARTS

    Automakers are grappling with their supply of parts after resuming operations on May 18, 2020, with workers complaining that assemblers cann
    US BILLIONAIRES INCREASED WEALTH BY $485-B DURING PANDEMIC
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    • Jun 2, 2020
    • 1 min

    US BILLIONAIRES INCREASED WEALTH BY $485-B DURING PANDEMIC

    US billionaires added $485 billion to their collective wealth during the past 10 weeks, wrote Saloni Sardana for Business Insider on May 31,
    CLI POSTS P2.1 BILLION REVENUES
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    • Jun 2, 2020
    • 2 min

    CLI POSTS P2.1 BILLION REVENUES

    Cebu Landmasters (CLI), a leading residential developer in VisMin today reported solid Q1 2020 growth of 13 percent year-on- year in conso
    SUNTRUST TO ISSUE P5.6 BILLION CONVERTIBLE BONDS
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    • Jun 2, 2020
    • 1 min

    SUNTRUST TO ISSUE P5.6 BILLION CONVERTIBLE BONDS

    Listed Suntrust Home Developers Inc. and Summit Ascent Investments Limited (“Summit Ascent”) entered into a Subscription Agreement, where S
    E-COMMERCE TO PROPEL GROWTH
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    • Jun 1, 2020
    • 2 min

    E-COMMERCE TO PROPEL GROWTH

    Efficient and affordable e-commerce can help sustain economic activities and drive growth as the country continues to manage COVID-19 risks
    NISSAN TO CUT PRODUCTION CAPACITY BY 20%
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    • May 31, 2020
    • 1 min

    NISSAN TO CUT PRODUCTION CAPACITY BY 20%

    Nissan is slashing production capacity by 20% and closing a plant in Spain as part of a sweeping overhaul announced after the Japanese carma
    TUNISIAN FRAGRANCE MAKER HELPED BY EBRD HELP IN THE COVID 19 PANDEMIC
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    • May 31, 2020
    • 2 min

    TUNISIAN FRAGRANCE MAKER HELPED BY EBRD HELP IN THE COVID 19 PANDEMIC

    Orange blossom lotions, jasmine soaps and exclusive argan oil sprays are some of the top selling cosmetics of Maison de Senteurs in Tunisia.
    AIR FRANCE PILOTS READY TO RETURN TO THE COCKPIT
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    • May 29, 2020
    • 1 min

    AIR FRANCE PILOTS READY TO RETURN TO THE COCKPIT

    For pilots who were unable to fly during the Covid-19 crisis, Air France has set up a major cockpit reintegration scheme to guarantee the hi
    WALT DISNEY
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    • May 29, 2020
    • 2 min

    WALT DISNEY

    Following the recent reopening of Shanghai Disney Resort and Disney Springs at Walt Disney World Resort, Disney has submitted a proposal to
    HUAWEI CFO’S CASE FOR EXTRADITION TO US CONTINUES: CANADA COURT
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    • May 28, 2020
    • 1 min

    HUAWEI CFO’S CASE FOR EXTRADITION TO US CONTINUES: CANADA COURT

    A Canadian court has ruled on May 27, 2020 that the extradition case against Huawei Technologies Co.’s Chief Financial Officer (CFO) Meng Wa
    BIZ COMMUNITY ‘S HELP SOUGHT FOR PHILIPPINE PUSH AS PREMIER INVESTMENT DESTINATION
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    • May 28, 2020
    • 2 min

    BIZ COMMUNITY ‘S HELP SOUGHT FOR PHILIPPINE PUSH AS PREMIER INVESTMENT DESTINATION

    The government economic team sought the help of the business community in convincing Congress to pass the Corporate Recovery and Tax Incenti
    THE FDA HUBLOT ESPORTS TEAM CAME AWAY FROM THE VIRTUAL MONACO GP WITH 2 PODIUM FINISHES
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    • May 26, 2020
    • 2 min

    THE FDA HUBLOT ESPORTS TEAM CAME AWAY FROM THE VIRTUAL MONACO GP WITH 2 PODIUM FINISHES

    The FDA (Ferrari Driver Academy) Hublot Esports Team came away from the Virtual Monaco GP with two podium finishes in the pair of races run
    FEU CAPITAL RAISE TO P5 BILLION OKAYED
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    • May 26, 2020
    • 1 min

    FEU CAPITAL RAISE TO P5 BILLION OKAYED

    The Securities and Exchange Commission has approved the increase in the authorized capital stock of listed Far Eastern University from P2 b
    EMPERADOR
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    • May 26, 2020
    • 1 min

    EMPERADOR

    Emperador Inc, – the world’s largest brandy company owning the iconic Emperador Brandy and Fundador Spanish Brandy de Jerez – registered rev
    TO MARK THE 8TH GERMAN DIVERSITY DAY THIS TUESDAY, PORSCHE IS LAUNCHING A DIVERSITY TEAM CHALLENGE.
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    • May 26, 2020
    • 1 min

    TO MARK THE 8TH GERMAN DIVERSITY DAY THIS TUESDAY, PORSCHE IS LAUNCHING A DIVERSITY TEAM CHALLENGE.

    Approximately 32,000 employees at Porsche’s locations in Germany have been invited to take up this challenge.
    FRUITAS BARES NEW NORMAL
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    • May 26, 2020
    • 1 min

    FRUITAS BARES NEW NORMAL

    Leading food and beverage kiosk operator, Fruitas Holdings, Inc. (FHI), is is increasing its investment in its delivery business and opening
    WALMART JOINS ‘UKAY-UKAY’ INDUSTRY
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    • May 26, 2020
    • 1 min

    WALMART JOINS ‘UKAY-UKAY’ INDUSTRY

    Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market after sealing a par
    MACAU CASINO TYCOON STANLEY HO DIES AT 98
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    • May 25, 2020
    • 1 min

    MACAU CASINO TYCOON STANLEY HO DIES AT 98

    Macau casino tycoon Stanley Ho died on Tuesday, May 26, 2020, at the age of 98, his family told the Agence France Presse (AFP.)
    CHINA’S MASK BOOM ROBS FABRIC FOR DIAPER MAKERS
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    • May 25, 2020
    • 1 min

    CHINA’S MASK BOOM ROBS FABRIC FOR DIAPER MAKERS

    Skyrocketing demand for masks for robbed makers of diapers, sanitary towels and wet wipes in China with the fabric that they need, the Agenc
    JAPAN’S UNIQLO TO MAKE MASKS USING UNDERWEAR FABRIC
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    • May 24, 2020
    • 1 min

    JAPAN’S UNIQLO TO MAKE MASKS USING UNDERWEAR FABRIC

    Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell masks made of fabric used for its Airism underwear lin
    ASTON MARTIN CHIEF TO QUIT, MERCEDES BOSS TO REPLACE HIM
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    • May 24, 2020
    • 1 min

    ASTON MARTIN CHIEF TO QUIT, MERCEDES BOSS TO REPLACE HIM

    Aston Martin CEO Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-
    VENEZUELA NIXES US COURT’S PERMISSION TO SELL CITGO REFINERIES
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    • May 24, 2020
    • 2 min

    VENEZUELA NIXES US COURT’S PERMISSION TO SELL CITGO REFINERIES

    Venezuela has condemned U.S. judge Leonard P. Stark’s approval of the sale of refineries owned by CITGO, a subsidiary of Venezuelan state-ru
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