Twitter hits back at Musk, says no deal obligations breached
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DANIEL OBERHAUS/FLICKER Twitter Inc fired back at Elon Musk on Monday, accusing the world’s richest person of “knowingly” breaching an agreement to…
Chile currency plunge, inflation rattle Latin America’s copper king
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SANTIAGO – Chile‘s tumbling currency and runaway inflation are testing the Andean copper giant’s economic and financial systems, and complicating President Gabriel…
US Treasury’s Yellen, Japan’s Suzuki to discuss weak yen, more sanctions on Russia
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US Treasury Secretary Janet Yellen. — US FEDERAL RESERVE TOKYO – US Treasury Secretary Janet Yellen will discuss ways to further strengthen…
May trade deficit widens as imports climb
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The country’s trade-in-goods deficit grew slightly in May as imports rose to its five-month high, the Philippine Statistics Authority (PSA) reported this…
FDI net inflows rise to 4-month high
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ALEXANDER MIL-UNSPLASH By Keisha B. Ta-asan NET INFLOWS of foreign direct investments (FDIs) into the Philippines surged to a four-month high in…
Marcos’ planned new taxes may have limited impact
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REUTERS By Diego Gabriel C. Robles andAlyssa Nicole O. Tan, Reporter THE ECONOMIC TEAM’S plan to pursue new taxes on digital services…
NCR prices of building materials surge in April
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A construction site is seen in Cubao, Quezon City. — PHILIPPINE STAR/ MICHAEL VARCAS RETAIL PRICES of building materials in Metro Manila…
Lotilla to return to DoE under Marcos
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PRESIDENT Ferdinand R. Marcos, Jr. named former Energy Secretary Raphael P.M. Lotilla to lead the Department of Energy (DoE), according to the…
Electricity rates to go down in July, says Meralco
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BW FILE PHOTO CUSTOMERS of Manila Electric Co. (Meralco) will pay a lower rate of about 71 centavos per kilowatt-hour (kWh) in…
Filipinas eye fifth straight win as it duels archrival Thailand
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HAT TRICK for striker Sarina Bolden — PFF HOST Philippines aims for payback, a record-extending fifth straight win and No. 1 spot…