Reuters

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Tokyo Stock Exchange kicks off carbon credit trading

TOKYO, Reuters - The Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, a key element in the world's fifth-largest carbon dioxide (CO2) emitter Japan's strategy to tackle climate change.

IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area

MARRAKECH, Morocco (Reuters) -    The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the U.S. economy.

World Bank explores expanding loan guarantees for private financing

The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing available to developing countries.

Oil prices jump as Middle East violence roils

Oil prices jumped more than $3 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over...

United Airlines orders 110 Airbus, Boeing jets in a bet on travel demand

United Airlines on Tuesday announced an order for 110 aircraft from Boeing and Airbus for delivery beginning in 2028 as it seeks to expand...

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GT Capital earnings rise on strong core units

GT Capital Holdings, Inc. posted a 17 percent increase...

Local software sector urged toward AI-driven shift 

The Philippine software industry must pivot from a labor-intensive outsourcing model to a knowledge-driven, high-productivity ecosystem as artificial intelligence (AI) reshapes global demand, according to Jonathan de Luzuriaga of the Philippine Software Industry Association.

Marcos signs law allowing fuel tax relief

President Ferdinand Marcos Jr. on Wednesday signed into law Republic Act No. 12316, a measure granting him the authority to suspend or reduce excise taxes on petroleum products in response to surging global oil prices.

Consortium begins P2.1B microgrid projects in underserved areas

A power consortium has started building 24 microgrid projects worth about P2.1 billion to bring electricity to remote communities in Palawan, Cebu, and Quezon Province.
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