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 …
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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 »Meta ending its diversity, equity and inclusion program, according to employee memo
Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday. Company’s diversity takes on new role focusing on accessibility and engagement, memo says. Meta Platforms is …
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 »Honda Civic hybrid, Ford Ranger and Volkswagen ID. Buzz win 2025 Detroit auto show awards
The honours, announced Friday morning during an Automotive Press Association event kicking off the North American International Auto Show in Detroit, are decided by a group of 50 journalists from the U.S. and Canada. Show returned to its traditional January time in Michigan after a few years elsewhere. The Honda …
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 …
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