Thursday, 18 December 2025, 4:58 pm

    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

    Jan-Nov auto sales dip, December rally fuels optimism

    Philippine vehicle sales slipped 1 percent in the first 11 months of 2025, but industry leaders are betting on a strong December finish to push the market closer to record territory.

    Aboitiz-led consortium secures P35B loan for CBK hydro acquisition

    The Thunder Consortium has secured P35 billion in bridge loan facilities from BDO Unibank Inc. and Metropolitan Bank & Trust Co. to help finance its acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex.

    Filipinos face scams almost daily, study shows

    Filipinos are encountering scam attempts nearly every day, according to a new nationwide study by the Global Anti-Scam Alliance (GASA). The survey found that the average Filipino comes across a scam every two days, and six out of ten people were targeted successfully at least once in the past year.

    DA steps up market checks ahead of Christmas

    The Department of Agriculture (DA) has tightened the monitoring of wet markets as demand for food rises ahead of Christmas, aiming to keep prices stable and protect consumers.
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