Monday, 08 September 2025, 1:47 am

    Reuters

    136 POSTS

    Moody’s turns negative on US credit rating, draws Washington ire

    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 investors see more startup opportunities despite ChatGPT expansion

    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.

    Maersk cutting at least 10,000 jobs as shipping boom unravels

    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.

    CalPERS to double climate investments, consider asset sales

    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.

    Is salt really a new culprit in type 2 diabetes?

    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.

    Just in

    Final phase of SCTEX toll hike starts Sept. 9; motorists to pay higher rates

    The Toll Regulatory Board (TRB) will implement the final tranche of a multi-year toll rate adjustment for the Subic-Clark-Tarlac Expressway (SCTEX) beginning September 9, 2025, marking the completion of a phased increase program aimed at minimizing the financial burden on motorists.

    NTC to phase out 3G by 2026, pushes telcos toward 4G and 5G transition

    The National Telecommunications Commission (NTC) has announced plans to fully decommission 3G mobile networks nationwide by December 31, 2026, under a draft circular titled “Decommissioning of Third Generation (3G) and Second Generation (2G) Mobile Network Series.”

    Court affirms Filipino citizenship of mining exec, slams gov’t overreach

    The Taguig City Regional Trial Court has ruled that Joseph C. Sy, former chairman of Global Ferronickel Holdings Inc. (FNI), is a Filipino citizen, ordering his immediate release from detention and halting deportation proceedings initiated by the Bureau of Immigration (BI).

    PH eyes nuclear future with optimism, policy momentum builds

    The Department of Energy (DOE) has expressed strong optimism about the country’s readiness to adopt nuclear energy, projecting a policy and regulatory framework in place by 2026 to welcome project applications.
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