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The Financial District
May 29, 20201 min read
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
The Financial District
May 27, 20201 min read
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
The Financial District
May 27, 20201 min read
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.
The Financial District
May 27, 20202 min read
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
The Financial District
May 27, 20201 min read
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
The Financial District
May 27, 20201 min read
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
The Financial District
May 27, 20201 min read
EMPERADOR
Emperador Inc, – the world’s largest brandy company owning the iconic Emperador Brandy and Fundador Spanish Brandy de Jerez – registered rev
The Financial District
May 26, 20201 min read
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.)
The Financial District
May 26, 20201 min read
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
The Financial District
May 25, 20202 min read
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
The Financial District
May 25, 20201 min read
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-
The Financial District
May 25, 20201 min read
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
The Financial District
May 24, 20201 min read
‘THE JOE ROGAN EXPERIENCE’ LAUNCHES EXCLUSIVE PARTNERSHIP WITH SPOTIFY
The Joe Rogan Experience, one of the most popular podcasts in the world, is coming to Spotify via a multi-year exclusive licensing deal. The
The Financial District
May 24, 20201 min read
U.S. VIDEO GAMES INDUSTRY SALES ZOOM UNDER PANDEMIC
Spending on video games in the U.S. jumped to a new April record as locked-down consumers sought refuge in play, industry figures released F
The Financial District
May 23, 20201 min read
VENEZUELA COURT ORDERS SEIZURE OF AT&T ASSETS
The Venezuela Supreme Court has ordered the National Telecommunications Commission (CONATEL) to "take possession" of all property and equipm
The Financial District
May 23, 20201 min read
U.S. RAPS CHINA FOR BLOCKING FLIGHTS OF AMERICAN LINERS
The U.S. has accused China of blocking U.S. flights and making it nearly impossible for American airliners to fly to China and demanded that
The Financial District
May 23, 20201 min read
SPAIN’S REPSOL BACKS OUT OF ARCTIC GAS JOINT VENTURE WITH RUSSIA
Spain’s Repsol has pulled out of a planned joint venture to develop two Arctic oil blocks with Russia’s Gazprom Neft and Royal Dutch Shell,
The Financial District
May 22, 20201 min read
JAPAN EXPORTS SINK THE MOST SINCE 2009
Japan’s exports have sunk as the world grapples with the COVID-19 pandemic and the trade rivalry between China and the US frazzles global ma
The Financial District
May 22, 20202 min read
U.S. WORKERS WARY OF RETURNING TO WORK; GENERAL STRIKE CALL MOUNTS
American workers are wary of returning to work as 50 states partially reopened their economies, with unions arguing it is still not safe to
The Financial District
May 22, 20201 min read
EURO $9 BILLION BAILOUT PLAN FOR LUFTHANSA UP
Talks over a €9 billion plan to save national German carrier Lufthansa could soon reach a conclusion, chancellor Angela Merkel said on Thurs
The Financial District
May 21, 20202 min read
GLOBAL-ESTATE RESORTS, INC. INCOME UP 11% TO P1.9 BILLION IN 2019
Global-EstateResorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourismestates, grew its net income to P1
The Financial District
May 21, 20201 min read
MAGIC JOHNSON’S ASSIST: $100-M LOANS FOR MINORITY-OWNED BUSINESSES
Earvin “Magic” Johnson has offered $100 million in loans to minority-owned businesses left out of the Paycheck Protection Program (PPP) of t
The Financial District
May 19, 20201 min read
U.S. MULLS SWEETENERS FOR FIRMS PULLING OUT OF CHINA
White House is mulling cash rewards and tax breaks for U.S. companies that will move out of China just like what Japan did to encourage its
The Financial District
May 19, 20203 min read
A NEW ERA PARTNERSHIP– CHINESE ENTERPRISES JOIN HANDS WITH THE FILIPINOS IN FIGHTING THE PANDEMIC
China and the Philippines are friendly neighbors. There are many Chinese enterprises operating in the Philippines. In the face of the COVID-
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