Saturday, 19 April 2025, 9:13 pm

    Reuters

    136 POSTS

    Japan’s Q3 business mood improves in boost to economic outlook

    Japan's business sentiment improved in the three months to September, a central bank survey showed on Monday, suggesting the economy is weathering headwinds from slowing global growth for now.

    Apple identifies issues causing overheating in iPhone 15

    Apple on Saturday said it has identified a few issues that can cause new iPhones to run warmer than expected, including a bug in the iOS 17 software which will be fixed in an upcoming update.

    Saudi Arabia forecasts slower growth, budget deficit this year

    The largest Arab economy expects real gross domestic product to grow by 0.03 percent this year, the document released by the ministry of finance showed, compared with a previous forecast for growth of 3.1 percent.

    ADB bares capital moves to boost lending by $100B over a decade

    The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity over 10 years as the lender expands its development and anti-poverty mission to tackle climate change and other global crises.

    Oil prices climb as markets focus on supply tightness

    Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the US economy.

    Just in

    Meralco rejects DOE claim vs its delayed power supply deal

    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.

    SEC-SM tandem launches videos vs scams

    The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.
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