business

Apple antitrust suit: Qualcomm overcharged ‘billions’

by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) -- Apple on Friday sued Qualcomm, accusing the California chipmaker of abusing…

BMW defends plans to open plant in Mexico

BMW's chief of sales and marketing Ian Robertson defends the German automaker's decision to open a new factory in Mexico…

PHL strong fundamentals to keep interest rates low—DOF

MANILA, Jan. 8 - The Philippines would continue to enjoy low interest rates for so long as the country’s macroeconomic fundamentals…

Big oil companies hike prices on Jan. 3

MANILA, Philippines (Eagle News) --  Oil firms welcomed the new year by increasing their pump prices. Flying V, PTT Philippines,…

China’s foreign trade picks up steadily in 2016

CCTV - China's foreign trade has been picking up steadily in 2016, data from China's General Administration of Customs (GAC) shows.…

Tokyo follows Wall Street fall as Toshiba stocks plunge again

HONG KONG, China (AFP) -- Tokyo followed Wall Street lower Thursday and oil edged down from recent highs as Toshiba's…

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…

Chile vows to strengthen trade with China

Chile vows to strengthen trade with China in the face of protectionist threats from US President-elect Donald Trump, during an…

HSBC shares rally on profit results after cost-cutting drive

LONDON, United Kingdom (AFP) - HSBC shares rallied Monday in a positive response to quarterly profits after the British banking…

Twitter to cut 9% of staff, plots new growth strategy

NEW YORK, United States (AFP) - Twitter announced plans Thursday to cut nine percent of its workforce as the struggling social…

Adidas, Kanye West expand clothing, footwear partnership

NEW YORK, United States (AFP) -- Adidas doubled down on its business ties with rap star Kanye West on Wednesday,…

Oil prices recover in Asia

  Singapore (AFP)---Oil prices recovered in Asia on Monday after a steep fall in the previous session, with US crude…

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