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WPP CEO To Quit After String Of Ad Client Defections
WPP has announced that Chief Executive Officer Mark Read will step down at the end of the year.

By The Financial District
Jun 151 min read


RFK Jr. Guts Vaccine Advisory Committee
Health Secretary Robert F. Kennedy Jr. has fired all 17 members of a U.S. Centers for Disease Control and Prevention (CDC) panel of vaccine experts and is in the process of replacing them.

By The Financial District
Jun 152 min read


PSE Index Surges, Then Cools Down
The Philippine Stock Exchange (PSE) index surged today but later cooled off due to profit-taking, despite a rise in gold prices driven by geopolitical risks in the Middle East.

By The Financial District
Jun 132 min read


Trump’s Doubling Of Steel Tariffs Threatens U.S.-UK Deal
President Donald Trump’s decision to double tariffs on steel and aluminum imports is jeopardizing the only trade agreement the U.S. has reached during its current 90-day “reciprocal” tariff pause.

By The Financial District
Jun 131 min read


Google Offers Buyouts to More Workers Amid Tech Upheaval, Antitrust Uncertainty
Google has offered buyouts to another segment of its workforce across several key divisions in a fresh round of cost-cutting.

By The Financial District
Jun 132 min read


China Says Exports To U.S. Fell 35% In May As Trade Talks Resume
China’s exports to the United States dropped 35% year-on-year in May.

By The Financial District
Jun 131 min read


Inflation Slides To 1.9% In Europe, Where Trump’s Tariffs Rattle People
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, clearing the way for more rate cuts from the European Central Bank (ECB).

By The Financial District
Jun 131 min read


Walmart, PayPal Shareholders Nix DEI Overhauls
Stockholders at Walmart and PayPal have voted down proposals that would have overhauled how those companies approach diversity, equity, and inclusion (DEI).

By The Financial District
Jun 131 min read


Lambda Legal, A Nonprofit Backing LGBTQIA+ Rights, Overshoots Fundraising Goal
The nonprofit legal aid group Lambda Legal, which advocates for LGBTQ+ rights, has raised $285 million at a time when attacks on the rights of gay, intersex, and transgender people have intensified.

By The Financial District
Jun 131 min read


Musk To Lose $22-B Of SpaceX Contracts With NASA
U.S. President Donald Trump has threatened to cancel Elon Musk’s government contracts amid a dispute over a tax-cut bill.

By The Financial District
Jun 131 min read


U.S. Declines To Label China A Currency Manipulator
The US declined to label China a currency manipulator in a new Treasury report released recently, but accused Beijing of standing out among America’s major trading partners for lacking transparency in its exchange rate policies.

By The Financial District
Jun 131 min read


PCTO Calls For Review Of Konektadong Pinoy Act, Urges Revisions To Safeguard Public Interest And Protect Filipinos
The Philippine Chamber of Telecommunications Operators (PCTO), composed of the country’s leading telcos, is calling for urgent attention to unresolved risks in the Konektadong Pinoy Act.

By The Financial District
Jun 132 min read


More Arrests Made As L.A. Extends Curfews; U.S. Protests Intensify
The second night of curfews was enforced in downtown Los Angeles, as local law enforcement—supported by several thousand National Guard troops—tried to contain violent protests and prevent further vandalism.

By The Financial District
Jun 131 min read


World’s Most Popular TikTok Star Khaby Lame Leaves U.S. After ICE Detains Him
Khaby Lame, the world’s most popular TikTok personality with millions of followers, has left the U.S. after being detained by immigration agents in Las Vegas for allegedly overstaying his visa.

By The Financial District
Jun 131 min read


Boeing Shares Fall After Plane Crashes In India
Shares of aircraft manufacturer Boeing fell in premarket U.S. trading on Thursday after an Air India plane carrying more than 200 people crashed near the airport in Ahmedabad.

By The Financial District
Jun 131 min read


South Korea Remains Top PH Tourist Source In 2024
South Korea remained the Philippines’ leading source of international tourists in 2024, with 1,761,281 arrivals.

By The Financial District
Jun 122 min read


BSP: Consumers Pessimistic In Q1
Filipino consumers became more pessimistic about the country’s economy in the first quarter of the year, citing faster increases in the prices of goods and services, declining incomes, and fewer job opportunities.

By The Financial District
Jun 122 min read


Dow, S&P 500, Nasdaq Futures Waver Even As U.S.-China Trade Talks Progress
U.S. stock futures wavered as Wall Street digested progress on U.S.-China trade negotiations, a fresh legal ruling on President Trump’s tariffs, and braced for the release of the May inflation report.

By The Financial District
Jun 121 min read


PAGCOR Chief Leads Launch Of Second Phase Of PMAAAI Facility Construction
Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco this week led the ceremonial launch of the second phase of construction for the Philippine Military Academy Alumni Association, Inc. (PMAAAI) building at Fort Andres Bonifacio in Taguig City.

By The Financial District
Jun 122 min read


Japan Court Nixes Fukushima Damages Order Against Former TEPCO Executives
verturned a ruling that had ordered former executives of Tokyo Electric Power Co. Holdings Inc. (TEPCO) to pay damages to the utility for failing to prevent the 2011 crisis at the Fukushima Daiichi nuclear plant.

By The Financial District
Jun 111 min read


Boeing Books 303 Orders, Hits 737 MAX Target In May
Boeing is heading into the Paris Air Show on a high note after a blockbuster May, recording 303 new aircraft orders and rolling out 38 new 737 MAX jets.

By The Financial District
Jun 111 min read


PSE Index Inches Up As Foreign Investors Selectively Buy
The Philippine Stock Exchange (PSE) index edged higher today, with all sub-indices in the green, as foreign investors selectively picked stocks. The index closed at 6,381.32, up by 33.65 points or 0.53 percent.

By The Financial District
Jun 112 min read


New Disputes Emerge Ahead Of U.S.-China Trade Talks In London
Fresh tensions threaten to derail U.S.-China trade talks in London as the fragile 90-day truce on tariffs agreed last month in Geneva comes under pressure.

By The Financial District
Jun 111 min read


U.S. Judge OKs $2.8-B Settlement, Paves Way For Colleges To Pay Athletes
A federal judge approved what is being called one of the most significant changes in college sports history, clearing the way for U.S. colleges to begin directly paying athletes.

By The Financial District
Jun 111 min read
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