Business

Tesla shareholders back paying Musk billions if stock soars

SAN FRANCISCO, United States (AFP) -- Tesla chief Elon Musk will only get paid if the company's stock soars --…

Asian markets rally as oil surge boosts energy firms

HONG KONG, China (AFP) -- Asian markets rallied on Wednesday, with energy firms boosted by a rush into oil after…

Tokyo stocks down for third straight session on Facebook breach

TOKYO, Japan (AFP) -- Tokyo stocks fell for the third straight session on Tuesday as high-tech shares faced selling pressure…

Gov’t to bid out P98-M assets this March; says more than P500-M earned from sold state assets in 2017

(Eagle News) -- The government is targeting to bid out some P98.32 million-worth of state-owned assets in the first quarter…

US, European stocks rise on data, quieter politics

  NEW YORK, United States (AFP) -- US stocks rose following a more placid session in terms of national politics on…

Asian markets mixed after week of fluctuation

HONG KONG, China (AFP) -- Asian investors remained on edge Friday as the curtain came down on another volatile week…

Nike cites ‘conduct’ violations, top executive out

NEW YORK, United States (AFP) -- Sportsgear maker Nike on Thursday announced the surprise departure of top executive Trevor Edwards,…

China to see driverless cars “in 3 to 5 years” — Baidu

BEIJING, China (AFP) -- Self-driving cars will hit the roads in China "within three to five years," the founder of…

Shell to sell New Zealand assets to OMV for $578 million

VIENNA, Austria (AFP) -- Anglo-Dutch energy giant Royal Dutch Shell has announced it will sell assets in New Zealand to…

Toys ‘R’ US to shut down US operations

WASHINGTON, United States (AFP) -- Toys 'R' Us said late Wednesday it will liquidate all of its US stores, heralding…

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