There has been a string of negative news about the economy this month — but nonetheless, stock and bond markets are headed for big gains in January. What gives?
Labor has no fix for gas shortage Labor has been accused by the gas industry of effectively having no plan to fix what the competition regulator warns will be a catastrophic gas shortage this decade that threatens to destabilise the...
Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.
The median dwelling value of every capital city in Australia fell during the first month of 2023, however Perth held its own with one of the smallest declines.
The U.S. Equal Employment Opportunity Commission says artificial intelligence-based hiring tools may be creating discriminatory barriers to jobs. The agency is seeking input on how to prevent harm.
WASHINGTON — China leads the world in counterfeit and pirated products, the office of US Trade Representative (USTR) Katherine Tai said in a report on Tuesday which identified WeChat, China’s most popular chat app, as “one of...
Exxon reported more than $55 billion in profits for 2022, a record for the U.S. oil industry. Sky-high profits for oil have prompted windfall taxes in Europe and political pressure in the U.S.
The latest US labour data shows wages are growing more slowly than expected, which is a sign the economy is cooling. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Graham O'Reilly said under cross-examination that he would never have asked his father to invest €100,000 in the company if he had had any understanding of what was going on
The maker of ChatGPT is trying to curb its reputation as a freewheeling cheating machine with a new tool that can help teachers detect if a student or artificial intelligence wrote that homework.
Internationally recognised as one of the foremost world-class hospitals in the world, Bumrungrad International Hospital is now stepping up its excellent medical standard with its “Bumrungrad Heart Institute” that aims for the most...
Grace Donnelly, a reporter at Morning Brew covering electric vehicles, batteries and all things climate tech, is leaving for a new opportunity. She has been at Morning Brew since 2021. Donnelly came from the Atlanta Business Chronicle,...
Reuters editor in chief Alessandra Galloni sent out the following to the staff: Dear all, I am writing to announce a change in the senior editorial leadership team. Our news reaches one to two billion people a day via our many media...
The national median price of a home keeps falling. But it's neither a catastrophe for owners or a delight for people locked out of the market, writes business reporter Daniel Ziffer.
Inflation in the Philippines may have further accelerated in January as the Bangko Sentral ng Pilipinas (BSP) expects the month’s average to range from 7.5 percent to 8.3 percent, with a chance of surpassing December’s 8.1 percent that...
Loans extended by the country’s large banks grew by 13.4 percent year-on-year to a total of P10.9 trillion in December 2022, slower than the 13.9 percent recorded in November as banks were more sensitive to risk during the fourth quarter...
The foreign trips of President Marcos are starting to bear the promised fruit, such as the coming implementation of a $600-million waste-to-energy program for Quezon City. “One of the early conversions from the President’s US trip [in...
The president of the Management Association of the Philippines (MAP) on Tuesday said that the ease of doing business remains a top private sector concern in the country, placing first among the top 10 considerations of local companies....
The United States may pursue a free trade agreement (FTA) with the Association of Southeast Asian Nations (Asean) as it seeks to boost economic activities with the major economic bloc, which bodes well for the Philippines. Philippine...
Philippine stocks plunged on Tuesday as the benchmark Philippine Stock Exchange index (PSEi) pierced yet another key support zone ahead of the influential US Federal Reserve’s interest rate-setting meeting this afternoon. By the closing...
Globe Telecom Inc. completed the pilot test of new lens antenna technology in Southeast Asia, a solution that seeks to improve connectivity amid the increasing usage of mobile data. The Ayala-led telco, in a statement to reporters on...
A sovereign wealth fund (SWF) will be helpful for the Philippines’ development efforts especially if it has flexibility in funding sources and is insulated from politics, according to United States-based nonprofit Milken Institute....
Mass housing developer Ovialand Inc. said sales picked up last year, as it rolled out more projects alongside plans to list on the Philippine Stock Exchange (PSE) despite worries of a slowdown in the property sector. For the full-year...
MANILA, Philippines — COL Financial Group, the country’s biggest online stock brokerage house, is bullish on banks, power, consumer, and even a few contrarian bets from the unloved real estate sector, which is facing a host of challenges...
Question: I am a family man now with children. I have always wanted to buy something for myself—you know, toys for the big boys. But I always felt guilty about finally doing it. Should I be? Answer: A portion of airline safety demos has...
The Berkshire Edge in western Massachusetts is adding a business news section that will appear every Monday. Marcie Setlow of The Edge writes, “Business Monday will cover both for-profit and non-profit enterprises. We recognize...
Corbin Bolies of The Daily Beast reports about Insider’s grandiose plans, which resulted in uneven strategy and large departures, for its Washington bureau in the past few years. Bolies writes, “Almost three years later,...