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BRUSSELS  -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via restrictions on i
Philippines - 9 months ago
NEW YORK — U.S. stocks edged down from their record heights in a quiet Monday on Wall Street. The S&P 500 slipped 6.13 points, or 0.1 percent, to 5,
Philippines - 9 months ago
MANILA, Philippines  – Rates sought by creditors for short-term debt securities jumped for the 11th straight week as the market waits for the infla
Philippines - 9 months ago
Defaults among U.S. corporate junk debt issuers reached a post-pandemic high in February, JPMorgan said in a new research report. Nine junk-rated borr
Philippines - 9 months ago
You may have heard of news reports where a bank mistakenly credits a depositor’s account with a large sum of money, making them unexpectedly “weal
Philippines - 9 months ago
MANILA, Philippines  — Inflation likely quickened in February on the back of more expensive food items and utility costs, although the price growth
Philippines - 9 months ago
MANILA,  Philippines  — After more than a decade, lawyer Hubert Dominic Guevara is returning to the Securities and Exchange Commission (SEC) as on
Philippines - 9 months ago
MANILA, Philippines  — More airline passengers boarded commercial flights last year, signaling a steady recovery for the aviation sector, but volum
Philippines - 9 months ago
Philippine Airlines (PAL) has honored Lucio “Bong” Tan Jr., former president and chief operating officer of its parent company, by naming its new
Philippines - 9 months ago
MANILA, Philippines  —The subsidiaries of distributor Manila Electric Co. (Meralco) and Aboitiz Power Corp. have agreed to form a joint venture mea
Philippines - 9 months ago
MANILA, Philippines — A subsidiary of utility firm Manila Water Co. Inc. has obtained a $110-million loan from two international banks to refinance
Philippines - 9 months ago
MANILA, Philippines  — The local benchmark index continued to flirt with the 7,000 level as bullish momentum was sustained ahead of the release of
Philippines - 9 months ago
The 61-year old Philippine School of Business Administration (PSBA) will soon join the ranks of other private schools in the country that are controll
Philippines - 9 months ago
LONDON  – Central banks are on the brink of victory in the fight to bring the global surge in inflation back under control, the Bank for Internatio
Philippines - 9 months ago
ISTANBUL  — Turkey’s annual inflation rose again in February, reaching 67.1 percent despite a string of interest rate hikes, official data showed
Philippines - 9 months ago
LONDON/SINGAPORE  – Bitcoin rallied to a two-year high on Monday, breaking above $65,000 as a wave of money carried it within striking distance of
Philippines - 9 months ago
TOKYO  – Japan is considering calling an end to deflation in the wake of rising prices, Kyodo news reported, a move that would turn a new page for
Philippines - 9 months ago
ZURICH  — The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, it said on Monday, as a switch to po
Philippines - 9 months ago
HONG KONG, China  — Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing’s annual growth
Philippines - 9 months ago
MANILA, Philippines  — Enrique Razon Jr.’s Bloomberry Resorts Corp. reported a profit of P9.5 billion last year—closing in on its pre-pandemic
Philippines - 9 months ago

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