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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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Meralco targets new income record; eyes gas-fired plants in VisMin

The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

Cement industry charts lower-carbon future, sustainable growth

The Philippine cement industry has unveiled a long-term roadmap to sharply reduce carbon emissions by 2050, seeking to reconcile the country's growing demand for cement with mounting pressure to decarbonize one of its most emissions-intensive industries.

Water execs meet LGUs preparatory to El Nino risks

The National Water Resources Board (NWRB) has brought together Metro Manila local government units and key national agencies to prepare coordinated measures against the expected impact of El Niño on water resources.

Lazada deepens MSME drive via digital skills partnership

Lazada Philippines is stepping up its support for micro, small and medium enterprises (MSMEs), expanding partnerships with government agencies and relaunching its LazGrow Together program to help more Filipino entrepreneurs compete in the country's fast-growing digital economy.
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