Sunday, 20 April 2025, 3:27 pm

    Reuters

    136 POSTS

    Emerging markets’ stocks jump, led by heavyweight China shares; FX steady

    Emerging markets stocks rose to their highest levels since August on Wednesday, led by gains in Chinese shares on positive economic data, while currencies remained steady as bets on U.S. interest rate cuts lingered.

    Apple explores AI deals with news publishers

    Apple has opened negotiations in recent weeks with major news and publishing organizations, seeking permission to use their material in the company's development of generative artificial intelligence systems, the New York Times reported on Friday.

    IEA working to cut renewable energy costs in developing world

    The International Energy Agency will work to ensure the World Bank, regional development banks and others prioritize the cost of investing in clean energy in developing countries following the COP28 summit last week, its executive director said.

    How far could China-Philippines relations worsen?

    China and the Philippines have ramped up rhetoric on defending territorial claims in the South China Sea, despite both calling for dialogue to settle tensions over that strategic waterway.

    AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case

    An American computer scientist on Wednesday lost his bid to register patents over inventions created by his artificial intelligence system, in a landmark case...

    Just in

    P2-B Clark food hub project gains momentum with DOTr, CIAC backing

    The Department of Agriculture (DA) announced over the weekend accelerated plans for a major agri-logistics hub in Pampanga, with corporate and inter-agency support from the Department of Transportation (DOTr) and Clark International Airport Corp. (CIAC), signaling a significant commercial pivot in the country’s agricultural infrastructure strategy.

    Italpinas doubles profits on strong provincial sales

    Boutique property developer Italpinas Development Corp. (IDC) reported a 102 percent increase in net income for 2024, reaching ₱376.8 million, up from ₱186.3 million the previous year.

    SMC Tollways posts 10% profit growth in 2024, boosted by higher traffic volume

    SMC Tollways Corp. reported a 10 percent increase in net income for 2024, driven primarily by a rise in vehicle traffic across its toll roads.

    Meralco upgrades Quezon substation to support growing power demand

    The Manila Electric Company (Meralco) has energized a newly upgraded Tayabas Delivery Point Substation, tripling its capacity from 100 megavolt-amperes (MVA) to 300 MVA.
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