Home / Business (page 16)

Business

Factory output continues slide in Aug

By ANNA LEAH E. GONZALES October 05, 2019 THE country’s manufacturing output, both in volume and value, dropped for the ninth consecutive month in August, the Philippine Statistics Authority (PSA) said on Friday. Results of the statistics agency’s Monthly Integrated Survey of Selected Industries showed that the volume of production …

Read More »

September inflation boosts bourse

By TYRONE JASPER C. PIAD October 05, 2019 THE stock market broke five straight days of losses on Friday on news that the country’s inflation eased to a more than three-year low last month and that the Federal Reserve (Fed) may reduce rates further. The benchmark Philippine Stock Exchange index …

Read More »

General Motors-UAW talks take turn for worse; settlement not near

John Kirk, right, a 20-year employee, pickets with co-workers outside the General Motors Fabrication Division, Friday, Oct. 4, 2019, in Parma, Ohio. (AP Photo/Tony Dejak) Tom Krisher, The Associated Press Published Sunday, October 6, 2019 2:52PM EDT Last Updated Sunday, October 6, 2019 3:48PM EDT DETROIT — Contract talks aimed …

Read More »

Five big stories in Canadian business this week

Stephanie Warkentin (left) and Robert MacNeil, check over their cannabis purchases at the retail store in Charlottetown, P.E.I., Wednesday, October 17, 2018. (THE CANADIAN PRESS/Brian McInnis) The Canadian Press Published Sunday, October 6, 2019 10:18AM EDT TORONTO — Five things to watch for in the Canadian business world in the …

Read More »

Merchandise trade deficit fell to $966 million in August: StatCan

Signage mark the Statistics Canada offiices in Ottawa on July 21, 2010. THE CANADIAN PRESS/Sean Kilpatrick The Canadian Press Published Friday, October 4, 2019 9:16AM EDT Last Updated Friday, October 4, 2019 10:21AM EDT OTTAWA — Statistics Canada says the country’s merchandise trade deficit fell to $955 million in August …

Read More »

CA affirms indictment of Calata shareholders

By EIREENE JAIREE GOMEZ October 04, 2019 THE Court of Appeals (CA) affirmed the indictment of eight shareholders of Calata Corp. over trading activities that artificially inflated the price of the company’s shares and consequently induced the public to buy them. In a decision released on September 10, the Special …

Read More »

Fiscal regime in mining industry sought anew

By GLEE JALEA October 04, 2019 ALBAY Rep. Joey Salceda has filed a measure that seeks an equitable imposition of royalty on mining operations within and outside mineral reservations. ALBAY Rep. Joey Salceda Under House Bill (HB) 5022, which failed to pass in the 17th Congress, the royalty rate will …

Read More »