Friday, 02 May 2025, 10:11 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

    Appdome unveils industry’s most advanced mobile bot defense

    At RSAC 2025, Appdome launched its AI-native MobileBOT™ Defense profile, setting a new standard in mobile bot protection by delivering over 400 attack vector defenses in a single profile.

    RGEC launches agrivoltaics pilot at Nueva Ecija solar farm

    Yuchengco-led Rizal Green Energy Corp. (RGEC) has formally launched a pilot agrivoltaics project at its 19.6 MWDC San Jose Solar Power Project (SJSPP) in San Jose City, Nueva Ecija—marking a local first in integrating solar power and crop cultivation on a commercial scale.

    A Promise the Nation Can’t Read

    For years, the Philippines has looked ahead with optimism, banking on its so-called “demographic sweet spot.” With around two-thirds of the population between the ages of 15 and 65, the country seemed poised for rapid economic growth—a young, able-bodied workforce ready to fuel productivity and progress.

    Electronic games boosts PAGCOR’s Q1 earnings

    The Philippine Amusement and Gaming Corp. reported a robust...
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