Saturday, 10 May 2025, 7:51 pm

    Reuters

    136 POSTS

    Elon Musk asks court to reject SEC’s bid to make him testify in Twitter probe

    Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission's probe into his $44 billion takeover of social media site Twitter.

    Lithium producers stay bullish on EVs despite growing headwinds

    The world's largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.

    China iPhone sales strong, Apple tells investors as Huawei threat looms

    Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resurgent Huawei Technologies and other local smartphone makers.

    Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign

    The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may need still more restraint.

    White House to share ransomware data with allies – source

    The White House is working to finalize as soon as Tuesday a new policy outlining how governments should respond to ransomware attacks, including sharing information on attackers and the accounts they use to collect ransoms, a senior administration official with knowledge of the matter said.

    Just in

    SIA deepens commitment to decarbonisation with SAF deals

    The Singapore Airlines (SIA) Group has reinforced its commitment to decarbonisation by signing two key agreements for sustainable aviation fuel (SAF), highlighting the growing corporate and commercial significance of renewable fuels in global aviation.

    Philippine visitor arrivals dip slightly in early 2025

    Tourist arrivals in the Philippines experienced a modest decline in the first four months of 2025, totaling 2.10 million visitors compared to 2.12 million during the same period last year, data from the Department of Tourism showed. 

    Remolona: Trade shocks tougher to tame than supply disruptions

    Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona, Jr. warned that trade shocks pose a deeper challenge to economic stability than typical supply shocks, citing their longer-lasting effects on investment and growth. 

    A Soldier’s Legacy: Teaching Financial Wisdom at Home

    Major Maria Theresa Babiera of the Philippine Army never imagined that a simple conversation with her seven-year-old daughter at the mall would become a powerful reflection of the financial lessons she’d learned—and passed on.
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