By The Financial District
UK Workers Must Keep All Customer Tips Under New Law
Workers are now entitled to receive all tips from customers under a new law that bans firms from withholding these payments—whether in...
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By The Financial District
Oct 141 min read
COO Of Truth Social’s Parent Company Resigns
The chief operating officer of Truth Social's parent company has resigned, and the company must hand over almost 800,000 shares to one of...
By The Financial District
Oct 141 min read
Zuckerberg Joins Exclusive $200-B Club As Second-Richest Person In The World
Mark Zuckerberg’s wealth keeps growing. The Meta CEO is now the second-richest person in the world, overtaking Jeff Bezos and Bernard...
By The Financial District
Oct 141 min read
Stellantis Sues UAW In Federal Court Over Strike Threats
Chrysler parent Stellantis filed a federal lawsuit against the United Auto Workers (UAW), claiming the union has violated its contract by...
By The Financial District
Oct 141 min read
China's Chery Builds Cars In Russian Plants Vacated By Western Rivals
Chinese carmaker Chery has begun assembling cars in Russia for domestic sale at three factories vacated by Western automakers, including...
By The Financial District
Oct 133 min read
The Power Of Disinformation
The Northern Davao Electric Cooperative (NORDECO) has once again found itself in the crosshairs of controversy amid its struggle to...
By The Financial District
Oct 132 min read
Vantage Energy And Pepsi Partner To Power Manufacturing Facilities
Vantage Energy Solutions and Management Inc., an affiliate of the Manuel V. Pangilinan-led Meralco, has signed a contract with Pepsi-Cola...
By The Financial District
Oct 132 min read
Meralco Brings Power Rate Relief In October 2024
The Manila Electric Company (Meralco) has announced a significant reduction in electricity rates for October 2024, much to the relief of...
By The Financial District
Oct 122 min read
Megaworld’s MREIT To Acquire Six Prime Property Assets Worth PHP13.15 Billion
MREIT, Inc., the Real Estate Investment Trust (REIT) arm of township developer Megaworld Corporation, announced that it has received...
By The Financial District
Oct 111 min read
Unilever Sells Its Business In Russia
Unilever, the owner of brands such as Dove soap and Hellmann’s mayonnaise, announced that it has completed the sale of its Russian...
By The Financial District
Oct 111 min read
Delta's Q3 Profit Falls Below $1 Billion After Thousands of Cancellations
Delta Air Lines' third-quarter earnings dropped by 26%, as the company faced challenges from a global technology outage that led to...
By The Financial District
Oct 111 min read
Boeing Weighs Raising $10 Billion By Selling Its Stock
Boeing Co. is considering raising at least $10 billion by selling new stock as the planemaker seeks to replenish cash reserves depleted...
By The Financial District
Oct 102 min read
Aboitiz InfraCapital And Yuchengco Group To Jointly Develop Economic Estate In Central Luzon
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, and the Yuchengco Group of Companies’ House of Investments (HI)...
By The Financial District
Oct 101 min read
Pepsi Cuts Revenue Forecast As Sales Growth Weakens
PepsiCo has lowered its organic revenue forecast for the year as U.S. consumers continue to reduce purchases of its snacks and beverages.
By The Financial District
Oct 101 min read
Tesla Discontinues Most Affordable Model 3 Variant In U.S.
Tesla's most affordable Model 3 compact sedan is no longer available for order in the U.S.
By The Financial District
Oct 101 min read
Russia Files Lawsuit Against Shell Units, Court Documents Show
Russia's Prosecutor General has filed a lawsuit against several units of energy major Shell, according to court.
By The Financial District
Oct 102 min read
Meralco, Doosan Partner For Low-Carbon Energy
The Manila Electric Company (Meralco) and South Korea's Doosan Enerbility Co., Ltd. have entered into a strategic partnership aimed at...
By The Financial District
Oct 81 min read
Coca-Cola Loses Its Fizz With Plan To Axe Hundreds Of Jobs In Germany
Coca-Cola is set to shut down five production and logistics sites in Germany in an attempt to cut costs and adapt to changing logistics...
By The Financial District
Oct 81 min read
Louis Vuitton Owner Clinches 10-Year Sponsorship Deal With Formula 1
French luxury giant LVMH has secured a 10-year sponsorship deal with Formula 1, covering its Louis Vuitton, Moet Hennessy, and TAG Heuer...
By The Financial District
Oct 81 min read
Seven & i to Start Sale Of Majority Stake In Supermarkets: Nikkei
Japan's Seven & i Holdings plans to seek buyers for a majority stake in its supermarket businesses, including its flagship Ito-Yokado.
By The Financial District
Oct 81 min read
Intel, U.S. To Finalize $8.5 Billion Chips Funding By Year-end
Intel and the U.S. government are expected to finalize $8.5 billion in direct funding for the chipmaker by the end of the year.
By The Financial District
Oct 81 min read
Italian Watchdog Probes Shein Over Greenwashing
Italy’s antitrust watchdog is investigating fast fashion giant Shein for potentially misleading claims about its sustainability practices.
By The Financial District
Oct 82 min read
Dems Slam Companies Prioritizing Exec Pay Over Taxes
A group of congressional Democrats and Independent Sen. Bernie Sanders have highlighted dozens of profitable US corporations that have...
By The Financial District
Oct 81 min read
TikTok Axes Accounts Tied To Russian Media Over Meddling In U.S. Polls
TikTok has removed accounts associated with two Russian media groups for attempting to exert "covert influence" on the upcoming US...
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