Business

Deutsche Bank to pay $7.2bn to settle US subprime case

BERLIN, Germany (AFP) -- Deutsche Bank has agreed to pay a total of $7.2 billion to settle a case with…

Nokia sues Apple for patent infringement

HELSINKI, Finland (AFP) -- Nokia announced Wednesday it is suing Apple in German and US courts for patent infringement, claiming…

Facebook dials in live audio streaming option

SAN FRANCISCO, United States (AFP) -- Facebook on Monday began testing a live audio streaming service that will let people…

Nike earnings rise, bullish on China

NEW YORK, United States (AFP) -- Nike reported higher second-quarter earnings Tuesday behind increased sales in key markets, including China,…

BIR posts higher November collection of P157-B

MANILA, Dec. 20 - The Bureau of Internal Revenue (BIR) posted a 15 percent revenue collection increase to P157.3 billion…

IMF chief Lagarde found guilty over French tycoon payment

by Aurélia END Clare BYRNE Agence France-Presse PARIS, France (AFP) - A French court on Monday found IMF head Christine…

Duterte to Singapore: PH is open for business

MANILA - President Rodrigo Duterte wooed a group of business leaders in Singapore by discussing the many developments and reforms…

Venezuela bank note chaos prompts looting

Agence France-Presse CARACAS, Venezuela (AFP) - Desperate Venezuelans looted delivery trucks and clashed with police Friday as protests broke out…

Philippine economy can withstand higher interest rate of US Federal Reserve

QUEZON City, Philippines (Eagle News) -- Malacañang allayedfears of the business sector regarding the interest rate hike implemented by the…

PHL economy strong enough to ride out US Fed hike, says Dominguez

MANILA, Dec. 16 - Finance Secretary Carlos Dominguez III expressed optimism that the country’s rock solid macroeconomic fundamentals along with…

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