Monday, 09 June 2025, 9:11 am

    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

    Alas Pilipinas relied on defense to stop Indonesia

    It was a full-on block party for Alas Pilipinas on a Sunday afternoon in Hanoi, as the Philippine national team powered past Indonesia in four electrifying sets on Day 2 of the 2025 AVC Women’s Volleyball Nations Cup at the Dong Anh Gymnasium in Vietnam.

    More affordable rice on the horizon, says DA

    The Department of Agriculture (DA) is set to lower the maximum suggested retail price (MSRP) of imported rice this July, in line with the directive of President Ferdinand Marcos Jr. to continuously find ways to ease the burden on Filipino consumers.

    Smuggled vehicles declared as car parts seized

    The Bureau of Customs (BOC) has intercepted 12 smuggled vehicles declared falsely as car accessories, spotlighting persistent revenue leakage risks due to misdeclaration in Philippine ports.

    False resort claims land Calata executives ₱4M fine each

    The Makati Regional Trial Court (RTC) has upheld the conviction of Calata Corporation’s top executives for market manipulation, affirming the legal liability of its officers for misleading disclosures under the Securities Regulation Code (SRC).
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