Coronavirus pushes Airbus into Q1 loss
(FILES) This file photo taken on February 14, 2019 in Toulouse shows parts of Airbus A380 MSN 266 at Airbus plant, as European aerospace giant announced it would end production…
SEC oks new rules empowering minority shareholders
SEC chair Emilio Aquino The Securities and Exchange Commission (SEC) has approved new rules allowing minority shareholders of publicly listed companies to put items on the agenda during any regular…
3M earnings rise on demand for medical masks
3M experienced a 21% surge in sales in its health care business during the first quarter. Image: Alex Edelman – AFP Industrial giant 3M reported higher quarterly profits Tuesday on…
Belgians called to eat fries twice a week amid potato surplus during coronavirus crisis
Fries are a popular snack in Belgium. INQUIRER.net Stock Photo With the food sector hit during the coronavirus crisis, Belgians are being called to eat more fries to help the…
SEC flags more illegal investment schemes
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has exposed a new batch of scammers peddling illegal get-rich-quick investment schemes while the nation is suffering from…
URC’s Q1 profit down 32%
URC CEO Irwin Lee Gokongwei-led Universal Robina Corp. (URC) saw a 32-percent year-on-year drop in first quarter net income to P2.1 billion, mainly due to foreign exchange losses alongside fallout…
Amid declining rates, Treasury to sell longer bond tenors in May
MANILA, Philippines — The Bureau of the Treasury will sell P170 billion in T-bills and bonds in May, with longer tenors expected to entice domestic investors amid declining rates. The…
Lockdown app launched to track, buy basic supplies, get COVID-19 updates
An Australian firm recently launched a free mobile app designed to help communities respond to COVID-19 by enabling people and businesses to work together in tracking sources of essential goods…
Seoul stocks up for 2nd day on hopes for economic rebound
(Yonhap) SEOUL — South Korean stocks closed higher for the second straight day Tuesday amid hopes for an economic rebound, offsetting concerns over the fallout from the novel coronavirus outbreak.…
BSP waives fees for new e-payment services as people shift to digital transactions
BSP Gov. Benjamin Diokno. (File photo by EARVIN PERIAS / Philippine Daily Inquirer) MANILA, Philippines — The central bank on Tuesday waived its fees and charges for financial institutions setting…