BANK of the Philippine Islands (BPI) on Friday said that it had cut short the offer period for its one-and-a-half-year, peso-denominated fixed-rate sustainability bonds amid strong demand. In a disclosure, the Ayala-led bank said the offer period for its Supporting Inclusion, Nature, and Growth (BPI Sinag) bonds due 2026 would …
Read More »Uncategorized
Japan auto suppliers face pressure from US tariffs
TAKASAKI, Japan — The tariffs imposed by United States President Donald Trump in Japan, particularly the 25 percent on automobiles, is causing problems for the country's auto parts suppliers. This, as Japan's top trade negotiator, Ryosei Akazawa, headed to Washington on Friday for a third round of talks. The problems …
Read More »Google faces probe over Character.AI deal
THE US Department of Justice (DOJ) is probing whether Alphabet's Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the artificial intelligence (AI) startup's technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured …
Read More »‘Energy is Canada’s power’: New federal energy minister touts past Alberta oilpatch ties
The new federal energy minister delivered a boisterous speech in support of the country's energy sector on Friday morning, while highlighting his past involvement in the sector and the urgent need to build a variety of new energy projects. Tim Hodgson gets loud applause at sold-out event in downtown Calgary …
Read More »Trump threatens EU with 50% tariff, Apple and other smartphone makers with 25%
U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple and imports from the European Union, sending the global market roiling after weeks of de-escalation provided some reprieve. Trump told tech giant this morning to reshore iPhone production or be taxed U.S. President Donald …
Read More »Why some Liberal MPs want to reserve the right to oust Mark Carney
Some Liberal MPs say they plan on voting to adopt the Reform Act on Sunday so caucus has more power and can reserve the right to trigger a vote to topple Prime Minister Mark Carney as party leader. CBC News spoke to half a dozen MPs who say they're pleased …
Read More »