Business

Philippines and France conducted their 10th Joint Economic Cooperation meeting, with the latterpresenting concrete deliverables and proposals on air transport service, infrastructure, agriculture, and energy. PHILIPPINES-FRANCE 10TH JOINT ECONOMIC COOPERATION — (Shown in photo from left to right) – French Treasury Deputy Director Denis Le Fers, DTI Secretary Fred Pascual, French …

TOKYO — The transition to new technologies in power generation, such as the use of LNG, ammonia and hydrogen, would require some government subsidy to ensure achievement of goals on decarbonization and, at the same time, ensuring stable and affordable energy cost, according to JERA Co. Inc.,  Japan’s largest power …

The joint forces of the Department of Trade and Industry (DTI) and Bureau of Internal Revenue (BIR) resulted in the closure of two vape stores and confiscation of 989 units of non-compliant vaporized nicotine and non-nicotine products and novel tobacco products. DTI-Consumer Protection Group (CPG) Undersecretary Atty. Ruth B. Castelo, …

Workers at more than 150 Starbucks locations across the United States are planning to go on strike as the coffee chain and a union representing baristas clash over displays supporting LBGTQ causes in stores during Pride month.  IUnion representing many Canadian locations says no similar actions planned. Workers at more …

Elon Musk  Mark Zuckerberg  Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilled over into a playground spat, with the two men offering to fight each other in a cage. Months after Musk took over Twitter, Zuckerberg’s Meta hinted it was planning to …

KUALA LUMPUR: Malaysia’s government said on Friday it will take legal action against Facebook’s parent company, Meta Platforms, for failing to remove undesirable and harmful content from its social media platform. The Malaysian Communication and Multimedia Commission (MCMC) said Facebook has recently been plagued by “a significant volume of undesirable …

Icelandic discount carrier Play got off the ground in Canada this week, out of Hamilton’s John C. Munro airport, joining New York, Washington, Boston and Baltimore in North America. A Montreal aviation professor and a Toronto personal finance columnist give their views on where Play may fit into the travel …

New rules prohibiting wage-fixing and no-poaching agreements kick in today in an effort to crack down on companies undermining competition at employees’ expense.  Punishment will include up to 14 years in jail, and no cap on financial penalty, New rules prohibiting wage-fixing and no-poaching agreements kick in today in an …

Up to date retail sales numbers from Statistics Canada on Wednesday show that despite high prices and dire warnings about debt loads, Canadians remain in the mood to shop.  Retail sales grew 1.1% in April to $65.9 billion. Up to date retail sales numbers from Statistics Canada on Wednesday show …

Retail sales rise and house prices rebound, but that may not be such happy news. Inflation means we’re spending more to get less stuff. And central banks may feel compelled to play spoilsport. Consumers are spending more, but is that really good news for the economy? At first glance, the …