Friday, 11 July 2025, 1:41 pm

    Reuters

    136 POSTS

    Indonesia, ADB, owners agree to shutter first coal-fired power station early

    Indonesia and the Asian Development Bank have agreed a provisional deal with the owners of the Cirebon-1 coal-fired power plant to shutter it almost seven years earlier than planned, the ADB's senior climate change energy specialist told Reuters.

    COP28 summit opens with hopes for early deal on climate damage fund

    As global leaders gather in Dubai for the world's U.N. climate conference, delegates hope to clinch an early victory on a disaster fund on Thursday before the summit turns its focus to fossil fuels and other divisive topics.

    OPEC+ ministers meet to discuss additional oil output cuts

    The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.

    Beijing bourse tells ‘major shareholders’ to refrain from selling, sources say

    The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.

    China’s fast-fashion retailer Shein files for US IPO – sources

    China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.

    Just in

    DoubleDragon reaches 1.5M gross floor area mark

    DoubleDragon Corp., a listed property developer, said its gross floor area reached 1.5 million square meters with the completion of its fully pre-leased 5-hectare CentralHub warehouse complex in Cebu.

    PLDT Enterprise deepens retail push in renewed PRA collaboration

    PLDT Enterprise has reinforced its 23-year partnership with the Philippine Retailers Association (PRA), securing strategic agreements that enable the telco to deliver customized digital solutions to retail businesses nationwide. This renewal supports PLDT’s broader commercial objective of accelerating digital adoption across industries and bolstering its leadership in the enterprise ICT market.

    Meralco rates to rise by P0.4883/kWh in July

    Manila Electric Co., the country’s largest power distributor and more popularly known as Meralco, said Friday consumers will see in their latest electricity bill an increase P0.4883 per kilowatt-hour (kWh) after two consecutive months of decreases.

    BDO launches all-in-one universal teller machine

    BDO Unibank has rolled out its universal teller machine (UTM)—a self-service solution that consolidates multiple banking transactions in one device.
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