By The Financial District
PSE Index Sustains Upward Push On Foreign Buying
The Philippine Stock Exchange (PSE) index rose today, reaching another milestone level as foreign investors, for the first time in weeks...
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By The Financial District
1 day ago1 min read
Japan Supermarket Chain Sells Cheaper Taiwanese Rice As Prices Rise
The major Japanese supermarket chain Seiyu began selling rice produced in Taiwan recently.
By The Financial District
1 day ago1 min read
Diamond Necklace Linked To Marie Antoinette Sells For $4.8 Million
A necklace believed to be connected to a scandal that contributed to the downfall of Marie Antoinette has sold at auction for $4.81-M.
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1 day ago1 min read
Spirit Airlines Files For Bankruptcy As Losses Mount
Spirit Airlines has announced having filed for bankruptcy protection, marking an effort to restructure amid mounting financial challenges.
By The Financial District
1 day ago2 min read
Trump’s Transition Team To Kill Biden’s EV Tax Credit
President-elect Donald Trump’s transition team is planning to eliminate the $7,500 consumer tax credit for electric vehicle (EV) purchases..
By The Financial District
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Merck Signs $3.3 Billion Cancer Drug Deal With China-Based LaNova
Merck announced a $3.3 billion deal to license an early-stage cancer drug from China-based LaNova Medicines, two months after a competing...
By The Financial District
1 day ago1 min read
EU Warns U.S. Protectionism Could Hinder Economic Growth
The European Union cautioned that U.S. protectionist trade policies could undermine the Eurozone’s modest growth trajectory.
By The Financial District
1 day ago1 min read
Detroit Nonprofit CFO Pleads Guilty To $44 Million Theft
William Smith, 52, has pleaded guilty to wire fraud and money laundering charges after embezzling $44 million from the Detroit Riverfront...
By The Financial District
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French Farmers Protest Over EU-Mercosur Trade Deal
French farmers staged nationwide protests to begin the week, opposing the EU-Mercosur trade agreement.
By The Financial District
1 day ago1 min read
Ben & Jerry’s Sues Unilever Over Alleged Censorship On Gaza Statements
Ben & Jerry’s has filed a lawsuit against its parent company, Unilever, accusing the conglomerate of attempting to silence its support for..
By The Financial District
1 day ago2 min read
Democratic Governors To Fight Trump’s Mass Deportations
Democratic governors across the country are vowing to resist President-elect Donald Trump’s plans to deport millions of undocumented...
By The Financial District
1 day ago1 min read
Brazil’s First Lady Swears At Elon Musk During G20 Event
Brazil’s First Lady, Janja Lula da Silva, caused a stir during a G20 event over the weekend when she swore at billionaire Elon Musk while...
By The Financial District
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"Deadpool & Wolverine" Helps Disney Beat Earnings Forecasts
Walt Disney surpassed Wall Street’s earnings expectations, thanks to the blockbuster success of the irreverent Marvel summer hit Deadpool...
By The Financial District
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Biden Allows Ukraine To Hit Russia With U.S.-Made Long-Range Missiles
President Joe Biden has authorized Ukraine to use US-supplied long-range missiles to strike deeper inside Russia, lifting previous...
By The Financial District
2 days ago1 min read
Powell Dares Trump To Kick Him Out As Fed Chief
Federal Reserve Chairman Jerome Powell is standing firm on his decision not to resign even if Donald Trump demands it.
By The Financial District
2 days ago2 min read
European Stocks Fall As Russia-Ukraine War Escalates
European equities declined for a third consecutive day amid mounting concerns over the escalation of Russia’s war in Ukraine.
By The Financial District
2 days ago2 min read
PSE Index Up Another Level
The Philippine Stock Exchange (PSE) posted gains for the third consecutive trading day, reaching a new milestone of 6,803.19 points—an...
By The Financial District
2 days ago1 min read
U.S. Hacker Sentenced Over Bitcoin Heist Worth Billions
A hacker has been sentenced to five years in a U.S. prison for laundering the proceeds of one of the largest cryptocurrency thefts in...
By The Financial District
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ByteDance Valuation Reaches $300 Billion Amid Share Buyback Program
TikTok parent company ByteDance is now valuing itself at approximately $300 billion.
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2 days ago1 min read
BoJ Chief Signals Further Rate Hikes To Prevent Sharp Inflation
Bank of Japan Governor Kazuo Ueda has highlighted the necessity of raising interest rates to curb sharp inflation and support long-term...
By The Financial District
2 days ago1 min read
Europe’s Richest Man, Bernard Arnault, Sues Elon Musk
Several prominent French media groups, including two publications owned by billionaire Bernard Arnault, have filed a lawsuit against the...
By The Financial District
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German Firm Acquires Three UK Airports
Spanish infrastructure giant Ferrovial and Australian investment fund Macquarie have announced their agreement to sell the operator of...
By The Financial District
2 days ago1 min read
Outage Hits Bluesky Just As The Platform's Popularity Takes Off
The social media platform Bluesky experienced an outage last week, coinciding with its surge in popularity.
By The Financial District
2 days ago1 min read
French Court Orders Google To Halt News Search Scheme
A Paris court has ordered Google to stop a planned project that would allegedly suppress certain media articles in its search results.
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