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Friday, 11 July 2025, 11:32 am

    Reuters

    136 POSTS

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

    Environment Reuters Reuters -
    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

    Environment Reuters Reuters -
    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

    Energy Reuters Reuters -
    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

    Corporate Reuters Reuters -
    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

    Corporate Reuters Reuters -
    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.
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    Just in

    Levi’s raise forecast, shares surge higher

    Corporate 0
    Shares of Levi Strauss & Co. surged Thursday after the denim giant raised its full-year outlook, buoyed by strong global demand and accelerating direct-to-consumer (DTC) sales—even as fresh U.S. tariffs loom.

    Agri stakeholders raise red flag on looming U.S. export tariff

    Agriculture 0
    Agricultural stakeholders are sounding the alarm over the looming imposition of a 20 percent tariff on exports to the United States, urging the government to adopt a strategic and cautious approach amid fears of disproportionate trade concessions and domestic market disruptions.

    Ayala welcomes 100 global interns for 2025 Summer Program

    Social Responsibility & Sustainability 0
    The Ayala Group has launched its 2025 Summer Internship Program (AGSIP), welcoming 100 students from 20 schools across the Philippines, the UK, the US, and Canada for a six-week immersion designed to equip them with real-world experience and instill a values-driven approach to leadership.

    EDC eyes 13.5 MW boost for Negros geothermal plant

    Energy 0
    The Department of Environment and Natural Resources (DENR) has scheduled a public scoping on 23 July 2025 for the proposed 13.5 MW expansion of the Palinpinon 1 geothermal plant in Valencia, Negros Oriental.
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    Banking & Insurance

    BDO launches all-in-one universal teller machine

    0
    BDO Unibank has rolled out its universal teller machine (UTM)—a self-service solution that consolidates multiple banking transactions in one device.
    Corporate

    Levi’s raise forecast, shares surge higher

    0
    Shares of Levi Strauss & Co. surged Thursday after the denim giant raised its full-year outlook, buoyed by strong global demand and accelerating direct-to-consumer (DTC) sales—even as fresh U.S. tariffs loom.
    Agriculture

    Agri stakeholders raise red flag on looming U.S. export tariff

    0
    Agricultural stakeholders are sounding the alarm over the looming imposition of a 20 percent tariff on exports to the United States, urging the government to adopt a strategic and cautious approach amid fears of disproportionate trade concessions and domestic market disruptions.
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