Oil prices nudged higher on Monday, recovering from sharp falls last week, after Washington pledged to launch further strikes on Iran-backed groups in the Middle East and as Ukrainian drones struck southern Russia's largest refinery.
Amazon.com AMZN.O beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical holiday period, sending its shares up 8 percent after the market close.
Parboiled rice export prices from India extended their record rally this week, driven by tight supplies and firm demand due to higher prices in other hubs, while Thai rates slipped as new supply from fresh harvests trickled in.
U.S. regional banks sold off again on Thursday, adding to losses from a day earlier when New York Community Bancorp NYCB.N reported increased stress in its commercial real estate portfolio, renewing fears about the industry's health.
Treasury yields and a gauge of global equities fell sharply after the Federal Reserve left interest rates unchanged as expected on Wednesday but indicated it would not reduce them until inflation was "moving sustainably" towards its 2 percent target.
Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.
The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.
The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.