Saturday, 02 August 2025, 5:21 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

    PAL shifts turboprop routes to Clark, Cebu in strategic hub expansion

    Philippine Airlines (PAL) will begin transferring select domestic turboprop routes from Manila's Ninoy Aquino International Airport (NAIA) to Clark International Airport (CRK) and Mactan-Cebu International Airport (CEB) starting 26 October 2025, in compliance with a government mandate to reduce turboprop operations at NAIA.

    DPWH targets 2028 start for second San Juanico Bridge construction

    The Department of Public Works and Highways (DPWH) on Friday confirmed that construction of the second San Juanico Bridge (SSJB) is expected to begin in 2028, following key preparatory work supported by the Japan International Cooperation Agency (JICA), which is funding the project.

    CIMB Bank PH offers up to 8.6% interest in August promo

    CIMB Bank Philippines, named Best Digital Bank in the Philippines by The Asian Banker, has rolled out a high-yield savings offer as part of its Earn More promo series, allowing depositors to earn up to 8.6 percent per annum on their savings throughout August this year.

    Converge ranks among ASEAN’s best-governed firms

    Leading Philippine broadband and technology company Converge ICT Solutions Inc. was named among the Top 5 Publicly Listed Companies (PLCs) in the Philippines and one of the Top 50 PLCs in ASEAN at the 2025 ASEAN Corporate Governance Awards held in Kuala Lumpur, Malaysia.
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