Belle H1 net profit falls by 89%
Leisure estate and gaming firm Belle Corp. incurred a net loss of P355 million in the second quarter, a reversal of the P1.21-billion net profit posted in the same period…
Facebook quarterly profit rockets despite ad boycott, pandemic
Facebook reported Thursday that its quarterly profit had nearly doubled and users grew despite a boycott by advertisers and the pandemic-induced economic turmoil. The leading social network said it made…
What can we learn from the Thai Airways rescue plan?
Thai Airways has suffered some turbulent times lately, with huge financial losses eventually leading to bankruptcy. The future is beginning to look brighter for Thailand’s national carrier after news of…
PH borrowers’ choice during pandemic: Dollar loans
Dollar-denominated loans issued by Philippine financial institutions rose substantially at the end of the first quarter of 2020 which the central bank said was due to lower interest rates offered…
Dominguez: Landbank, DBP loans to fund free coronavirus vaccines for poor
The government would use loans from two state-run banks to purchase vaccines for SARS Cov2, the coronavirus that causes COVID-19, and distribute them for free to the poor, according to…
Record economic plunge, bleak jobs numbers reveal virus toll
A shopper passes a display window with mask covered mannequins at a dress store, Thursday, July 30, 2020, in McAllen, Texas. (AP) WASHINGTON — The coronavirus pandemic sent the U.S.…
Asia markets slip as dour US data reinforce worries over virus
HONG KONG, China – Asian markets struggled and the dollar extended losses Friday on data showing the US economy suffered its worst quarter on record, while a tweet from Donald…
Amid the pandemic, Big Tech reports mixed earnings
AP Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. All…
Wall Street slides, but tech strength helps avert a big loss
NEW YORK — Most of Wall Street stumbled Thursday, but yet another rise for big technology stocks helped keep the market’s losses in check. Signs for Wall Street are shown,…
Agriculture after Sona | Inquirer Business
Though agriculture was not prominently mentioned at the State of the Nation Address (Sona) on July 27, agriculture may see a marked improvement after President Duterte’s speech. Mr. Duterte mentioned…