Reuters

136 POSTS

Boeing deepens strategy cuts as operations take center-stage – sources

Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.

New COP28 draft text does not mention phase out of fossil fuels

The U.N.'s climate body on Monday published its latest draft text of the deal it hopes to reach at the COP28 summit in Dubai, which includes a range of actions countries could take to reduce emissions.

IMF’s Gopinath says economic fragmentation could cut global GDP by 7%

The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new Cold War" given the conflict in Ukraine and U.S.-China tensions.

No global carbon price? Some companies set their own

A growing list of global companies are setting a price or charging themselves for each metric ton of their carbon emissions, looking to shape their investments and business for future pollution taxes or other new climate rules.

China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

China's consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery.

Just in

Telco unveils rewards program, turns points into daily essentials

Globe Telecom has unveiled its 2026 Rewards program, underscoring a stronger push to make customer loyalty more meaningful and practical as economic pressures persist.

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

DA readies P150-M fuel subsidy as oil nears $80 per barrel; says food supply steady

The Department of Agriculture (DA) said it has set aside P150 million for fuel subsidies if global oil prices average more than $80 per barrel for a month, a trigger meant to cushion farmers, fishers and public transport drivers from rising costs.

HD Hyundai expands $2B Philippine shipyard hub

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.
spot_img