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OpenAI’s $3-B Deal With AI Coding Startup Windsurf Collapses
Google has struck a licensing deal with AI coding startup Windsurf, effectively ending OpenAI’s $3 billion acquisition bid after the exclusivity period on the offer expired.

By The Financial District
Jul 271 min read


China Vows To End Illicit Rare Earth Exports
China’s state security agency has pledged to crack down on illegal rare earth mineral smuggling, saying the trade poses a threat to national security.

By The Financial District
Jul 271 min read


Thai-Cambodia Clashes Along Disputed Border Kill 11
Thai and Cambodian soldiers clashed in multiple areas along their shared border Thursday in a major escalation of tensions that left at least 11 people dead, most of them civilians.

By The Financial District
Jul 271 min read


Conan O’Brien Recalls Pulling a Condom from Trump’s Pocket
In a new podcast interview with Marc Maron, comedian Conan O’Brien recalled the time he inadvertently pulled a condom out of Donald Trump’s blazer pocket—on live television.

By The Financial District
Jul 261 min read


Trump To Inflict Double Whammy On U.S. Trading Partners
President Donald Trump is preparing a new wave of tariffs—industry-specific and country-by-country—that could reshape the U.S. role in global trade by penalizing imports from abroad.

By The Financial District
Jul 261 min read


PH’s First Bus Rapid Transit In Cebu Starts Pilot Operation In September
The Cebu Bus Rapid Transit (Cebu-BRT)—the country’s first modern public mass transport system, designed to serve over 160,000 passengers daily once completed—will begin pilot operations in September 2025.

By The Financial District
Jul 263 min read


PSE Index Declines But Stays Within Milestone Level
The majority of shares declined today, with only the Holding Firms sector posting gains.

By The Financial District
Jul 252 min read


U.S. Government, Corporate Systems Hit In Major Cyberattack
Government and corporate computer systems in the United States and abroad have been hit by a major cyberattack exploiting a vulnerability in one of Microsoft’s most widely used server software product.

By The Financial District
Jul 251 min read


Trump Tax Bill Slaps $250 Fee On Visitors To U.S.
A new provision in the “One Big Beautiful Bill Act” will require all nonimmigrant visa applicants—tourists, business travelers, and international students among them—to pay a “visa integrity fee” currently set at $250.

By The Financial District
Jul 251 min read


Stock Market Momentum Stalls Despite Mag 7 Earnings Rise
U.S. stocks are trading near record highs as the second-quarter earnings season ramps up.

By The Financial District
Jul 251 min read


Opendoor Joins Meme Stock Ranks As Short Sellers Circle
Opendoor Technologies has become the market’s newest meme stock, more than doubling in a matter of hours despite its struggling, real estate–dependent business.

By The Financial District
Jul 251 min read


Chevron To Proceed With Hess Deal After Winning Exxon Case
Chevron and Hess have won their arbitration battle against Exxon over access rights to an oil project off the coast of Guyana, clearing the path for Chevron to proceed with its $53 billion acquisition of Hess.

By The Financial District
Jul 251 min read


SpaceX Invests $2 Billion In Sister Company xAI
SpaceX has agreed to invest $2 billion in xAI, the artificial intelligence startup founded by Elon Musk.

By The Financial District
Jul 251 min read


Coca-Cola Reports Weakening Global Sales Volumes In Q2
Coca-Cola beat earnings expectations in the second quarter of 2025 as higher prices helped offset weaker global sales.

By The Financial District
Jul 251 min read


Trump Imposes Limits On Mexican Flights And Threatens Delta Alliance
The Trump administration has imposed new restrictions on flights from Mexico and threatened to end a longstanding partnership between Delta Air Lines and Aeromexico.

By The Financial District
Jul 251 min read


Markets May Soon Call Trump’s Tariff Bluff, Analyst Predicts
Markets are increasingly ignoring U.S. President Donald Trump’s trade theatrics: his latest tariff escalation barely moved equity prices.

By The Financial District
Jul 252 min read


Manuel V. Pangilinan’s MPAV Bets Big on Coconuts, Acquires Franklin Baker
Metro Pacific Agro Ventures (MPAV), the agribusiness unit of Metro Pacific Investments Corporation (MPIC), has acquired the Franklin Baker Group of Companies.

By The Financial District
Jul 252 min read


A House Divided: Why The Philippines Needs A Unifying Speaker
There are moments in a nation’s life when history calls—not for noise, but for voice. Not for more of the same, but for someone different.

By Lito U. Gagni
Jul 253 min read


Aboitiz Renewables Secures Final Grid Approval For Largest Solar Facility in Visayas
Aboitiz Renewables, Inc. (ARI), the renewable energy subsidiary of Aboitiz Power Corporation, has secured the final regulatory approval needed to connect its Calatrava Solar Power Plant to the national grid.

By The Financial District
Jul 242 min read


Telco Stocks Clip PSE Index's Rise
A decline in telco stocks denied the Philippine Stock Exchange another gain Thursday, as a hefty 1.13 percent plunge in the services sector overshadowed gains in conglomerates and four other sub-indices.

By The Financial District
Jul 243 min read


EPA Eliminates Research And Development Office, Fires Thousands
The Environmental Protection Agency (EPA) has announced that it is eliminating its research and development arm and laying off thousands of employees.

By The Financial District
Jul 241 min read


Google, Tesla, And Mag 7 Fortunes Diverge Despite AI Boom
Any dream of a Beatles reunion ended years ago. Like the Fab Four, the Magnificent Seven group of big technology stocks are now going their separate ways.

By The Financial District
Jul 242 min read


U.S. To Impose 93.5% Anti-Dumping Levy On Chinese Graphite
The U.S. Commerce Department will impose preliminary anti-dumping duties on Chinese graphite—a key component in batteries—after concluding the imports were unfairly subsidized.

By The Financial District
Jul 241 min read


GOCCs Remit ₱105-B As Of July; Landbank, PAGCOR, BSP Top Performers
Government-owned and -controlled corporations (GOCCs) have remitted a total of ₱105 billion to the National Treasury as of July 2025, providing crucial funding for the administration’s public services and development projects.

By The Financial District
Jul 242 min read
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