Thursday, 12 February 2026, 7:38 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.

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    Dinner has gone rogue, IKEA survey finds

    The humble dining table is facing an existential crisis.

    Cebu Travel Mart nets P1.4B in deals

    Business, not beach selfies, took the spotlight as the ASEAN Tourism Forum Travel Exchange 2026 closed in Cebu with P1.44 billion in partial sales leads, signaling brisk commercial momentum for Philippine and regional tourism.

    Roses, chocolates, and record-breaking rushes

    Valentine’s Day is not just a celebration of romance. It is a full-scale logistics marathon, complete with ticking clocks, soaring demand, and very little room for error.

    PSALM cuts debt to P260.6B, boosts support for energy sector

    State-run Power Sector Assets and Liabilities Management (PSALM) Corp. reduced its financial obligations to P260.6 billion as of end-December 2025, down 4.9 percent or P13.4 billion from P274 billion in 2024.
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