Tag: Editors' Picks
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Japan cuts view on economy for first time in 10 months
Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.
Union Bank starts offer of new series senior fixed-rate bond
Union Bank of the Philippines on Monday started the public offer of its 1.5-year senior fixed rate series F bonds due 2025 and its 3-year senior fixed rate series G bonds due 2026. The offer ends 29 November.
GM’s Cruise robo-taxi CEO resigns from company
The CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet.
Small modular nuclear reactor project discontinued in the US
The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.
CAB keeps airline fuel surcharge unchanged for December
The Civil Aeronautics Board (CAB) has maintained the passenger and cargo fuel surcharge to level 7 for December due to lower jet fuel prices.
