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.
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.
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.
High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer.
First Gen Corp., the power generation arm of the Lopez Group, said its definitive agreements with Prime Infrastructure Capital, Inc. (Prime Infra) include change-of-management control provisions that could trigger discounted asset sales, worth a total P23.5 billion, if leadership conditions are not met during a defined period.
Shakey’s Pizza Asia Ventures Inc. (SPAVI) reported audited 2025 results showing continued topline growth despite softer consumer demand in the second half. Systemwide sales reached P24.8 billion, up 14 percent year on year, while revenues rose 11 percent to P16.1 billion.
DigiPlus Interactive Corp., the operator behind online gaming platforms BingoPlus, ArenaPlus, and GameZone, has secured regulatory approval to enter South Africa, marking a major step in its international expansion strategy.