Home / Business (page 20)

Business

‘US risks global energy instability with sanctions’

Natalia Kolesnikova/AFP MOSCOW — Moscow on Saturday accused the United States of being ready to risk global energy instability with new wide-reaching sanctions on Russia’s energy sector. The US and the United Kingdom on Friday announced new sanctions against Russia’s energy sector, including oil giant Gazprom Neft, just days before …

Read More »

More firms pulling back on DEI efforts

FACEBOOK and Instagram parent company Meta Platforms Inc. joins a growing list of companies in the United States that are pulling back on diversity, equity and inclusion (DEI) initiatives. Like others before it, the social media giant cited a US Supreme Court decision in July 2023 that outlawed affirmative action …

Read More »

BCDA eyes waste-to-energy facility as landfill alternative for Clark

The New Clark City in Tarlac is being touted as a green, smart, and disaster-resilient urban community development project of the BCDA  CLARK FREEPORT, Philippines — The Bases Conversion and Development Authority (BCDA) announced plans to use waste-to-energy (WTE) technology as a renewable energy source in the Clark Freeport and …

Read More »

Airbus delivered 766 planes in 2024

PARIS — Airbus delivered 766 jets in 2024 and looked certain to maintain leadership of the jetmaking industry for a sixth year as archrival Boeing recovers cautiously from a prolonged internal crisis, company data showed on Thursday. The European planemaker fell fractionally short of its target of “around 770” jets …

Read More »

TCS sees North America factories spending on tech

BENGALURU/MUMBAI — India’s Tata Consultancy Services (TCS) expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation’s No. 1 software-services exporter, said. “We have heard about good holiday …

Read More »

Ubisoft reviews restructuring options

Photo Credit: MSN PARIS — Ubisoft said on Thursday it would take decisive steps to reshape itself as the French video game publisher announced it would delay the release of the latest title in its top “Assassin’s Creed” franchise. The announcement comes amid repeated delays of game releases, disappointing sales …

Read More »

China’s central bank halts bond buying

SHANGHAI, China — China’s central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency. The People’s Bank of China (PBOC) cited a shortage of bonds in the market as the reason …

Read More »

China’s consumer prices stall in 2024

A man pays for meat at a market in Beijing, China January 11, 2021. REUTERS/Tingshu Wang/ File Photo  BEIJING – China’s consumer prices barely rose in 2024 while factory-gate prices extended into a second straight year of declines, official data showed on Thursday, weighed by persistently weak domestic demand. A …

Read More »