Business

Basic Energy Corp. and AC Mobility Holdings Inc. have completed and started commercial operations of two electric vehicle charging stations, marking the initial rollout of their nationwide EV charging network. Basic Energy said the stations are located at the Total service station along the North Luzon Expressway and the EcoOil …

Vendors sell various vegetables at a market along Commonwealth Avenue in Quezon City on January 6, 2026 (STAR / Miguel de Guzman)  MANILA, Philippines — Inflation likely slowed for the second straight month in June as fuel and some food prices eased, although economists said price growth remained far above …

CHENGDU, China ― NBA star Kyrie Irving walked out onto a basketball court in southwest China to rapturous applause, his brightly colored Chinese-made sneakers a vivid statement of domestic sportswear brands’ increasing global reach. Firms like Anta, the organizers of Irving’s Chengdu fan meet last week, have upped their international …

WASHINGTON, D.C. ― Amazon expects to roll out initial internet service with its Leo broadband satellite network later this year after the company’s latest launch put the orbiting constellation’s satellite count over 390, a company executive said on Thursday. Amazon’s latest batch of 29 satellites lifted off from Florida early …

NEW YORK — Most US stocks rose on Thursday, and the Dow Jones Industrial Average rallied to another record, but more drops for computer chip companies and other winners of the artificial-intelligence boom kept indexes mixed. The S&P 500 finished the day virtually unchanged and edged up by less than …

SoftBank Chairman and CEO Masayoshi Son and OpenAI’s Chief Research Officer Mark Chen attend an event to pitch AI for businesses, in Tokyo, Japan, June 16, 2026 (REUTERS/Manami Yamada/File Photo)  SOFTBANK Group has reopened talks with a consortium of lenders for a $10-billion loan backed by its stake in OpenAI, …

SEOUL —SK Hynix said on Thursday it planned to invest 100 trillion won ($64.38 billion) to build new NAND memory chip and packaging factories as part of a massive investment program aimed at addressing a shortage driven by the artificial intelligence (AI) boom. The projects in the country’s central city …

People take images of Tesla Cybercab at the company’s booth at the 8th China International Import Expo (CIIE) in Shanghai, China, November 6, 2025 (REUTERS/Maxim Shemetov/File Photo) NEW YORK — Tesla reported a jump in second-quarter (Q2) auto sales on Thursday, as Elon Musk’s electric vehicle (EV) company easily topped …

Signage for Amazon Web Services (AWS) at London Tech Week at Olympia (Reuters)  SAN FRANCISCO, California — Amazon said on Tuesday it is creating a new division under its Amazon Web Services (AWS) cloud unit employing so-called forward-deployed engineers who embed with customers to help them more quickly and efficiently …

A Singapore Airline passenger jet flies over Windsor Castle on its way to Heathrow airport, in Windsor, west London March 25, 2012 (REUTERS/Paul Hackett)  HONG KONG/SYDNEY — Asian airlines that gained passengers and charged higher fares on European routes after the start of the Iran conflict are seeing those advantages …