by ev3v4hn | Jul 25, 2020 | Business News
FILE PHOTO: The HSBC headquarters is lit up at the Central Financial District in Hong Kong November 3, 2015. REUTERS/Bobby Yip/File Photo BEIJING— HSBC on Saturday denied Chinese media reports that it had “framed” Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of the world’s biggest telecoms equipment […]
by ev3v4hn | Jul 25, 2020 | Business News
Michael Eric Castillo, President and Chief Executive Officer of Caps and Partners, Inc. (CAPS) says that countries with strong maritime defense are the same countries with a well-developed domestic shipbuilding industry. MANILA, Philippines — A policy think tank has...
by ev3v4hn | Jul 25, 2020 | Business News
Stocks closed broadly lower for the second day in a row Friday as Wall Street gave back some of its gains from a mostly solid July rally. An American flag hangs at the New York Stock Exchange, Thursday, July 16, 2020. Stocks are opening broadly lower on Wall Street...
by ev3v4hn | Jul 25, 2020 | Business News
Cebu Pacific, the country’s biggest budget airline, said recovery was significantly slower than expected as it struggles with weak demand and shifting local government unit (LGU) rules amid the new coronavirus (COVID-19) pandemic. Candice Iyog, Cebu Pacific vice...
by ev3v4hn | Jul 25, 2020 | Business News
The benchmark Philippine Stock Exchange index (PSEi) hovered above the 6,000 level on Friday as investors stayed on the sidelines while new coronavirus cases continued to increase. By the closing bell, the PSEi was down 0.43 percent or 25.75 points to 6,003.26. The...