Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden's administration.
OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday.
Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs and weaker prices, sending its shares tumbling.
California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition.
When people think of foods related to type 2 diabetes, they often think of sugar (even though the evidence for that is still not clear). Now, a new study from the US points the finger at salt.
The Philippine Coconut Authority (PCA) has approved the use of CropGuard, a locally developed pesticide by Chemrez Technologies Inc., as an alternative treatment for coconut scale insect (CSI), or cocolisap, signaling a shift toward more sustainable pest control policies.
The Department of Energy (DOE) has conducted a reconnaissance survey in Zambales and Pangasinan preparatory to crafting the country’s first native hydrogen exploration service contracts. The effort is a critical step in positioning hydrogen as a resource in the country’s clean energy transition, particularly through co-firing with natural gas to reduce emissions.
The Department of Agriculture (DA), in collaboration with the local government, launched the “Benteng Bigas, Meron na!” in Guimaras, expanding the reach of the affordable rice initiative of President Ferdinand Marcos Jr. to vulnerable sectors in the island province.
BPI Wealth, the asset management arm of Ayala-led Bank of the Philippine Islands, has introduced the BPI Global Bond Income Fund, aiming to provide Filipino investors with consistent monthly income through global fixed income investments.