US to give Micron $6.1 billion

WASHINGTON, D.C.: Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, President Joe Biden said on Thursday. The announcement came as he traveled to Syracuse, New York, marking the latest in a series …

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Airbus net profit soars 28% in January-March

PARIS: European aviation giant Airbus posted a 28-percent increase in first-quarter profit on Thursday through rising deliveries and production, a day after archrival Boeing reported a loss. Airbus' net income in the first three months rose to 595 million euros ($637 million) while revenue grew 9 percent to 12.8 billion …

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Nearly 23% of the Canadian population reported food insecurity in 2022

Canada’s poverty rate rose to 9.9 per cent in 2022, approaching pre-pandemic levels as government financial benefits introduced during the COVID-19 crisis ended, according to a Statistics Canada report released Friday. Food insecurity numbers are 'sickening' but not surprising, says researcher Nearly nine million Canadians lived in food insecure households …

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Luxury retailer Ted Baker Canada is seeking creditor protection

The owners of Ted Baker's Canadian operations have filed for creditor protection in a bid to help the retailer get enough "breathing room" to decide whether to liquidate and wind down the business or pursue other unspecified alternatives. Clothing brand facing has been 'unsuccessful' in reducing costs, say lawyers in …

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Vice Ganda on achieving beauty inside out

In an industry that rewards youth, TV host and comedian Vice Ganda proudly proves that age — and the wisdom that comes with it — is something to be proud of. Fresh from his much-talked-about birthday bash, Vice Ganda joined businesswoman Anna Magkawas at The Manila House in Bonifacio Global …

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What China is forgetting

For over seven decades, the MDT has provided a sense of security and stability in the region, acting as a deterrent against potential aggressors. In the geopolitical chessboard of the Asia-Pacific region, a few alliances have endured the test of time as steadfastly as between the United States and the …

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