Tesla to open first European Gigafactory in Germany
The American automotive company Tesla is set to build its first European Gigafactory near Berlin, Germany’s capital city.
Officially announcing the plan in November 2019,...
Philippines reopens businesses closed due to Taal volcano’s eruption
A week after Philippines’ Taal Volcano became active and spewed ashfall in several regions, lawmakers have finally allowed businesses in some affected areas,...
Philippines’ Jollibee continues overseas expansion after raising $600m from bond sale
Jollibee Foods Corporation, the Philippines’ largest fast-food operator, kicks off the year right by $600 million (P30.5 million) from its first ever issuance of perpetual...
Toyota invests $394 million in Californian taxi maker
Japanese auto giant Toyota has recently invested $394 million into the “flying taxi” of Joby Aviation—a Californian-based aerospace company. Toyota is set to manufacture a...
Cathay Pacific offers unpaid leave to staff amid financial loss
In an aim to cope with the financial damage caused by protests, Hong Kong’s Cathay Pacific Airways has offered up to one month of unpaid...
Pinterest surpasses Snapchat in the US after gaining 82m users
Based on the latest
estimates of eMarketer, Pinterest ended 2019 with a boom in the number of its
users that totaled to 82.4 million.
The market tracker...
Amazon authorizes sellers to use FedEx after lifting its ban
The E-commerce company Amazon announced that its third-party sellers can start using FedEx’s ground delivery as it has already lifted its ban that took...
Thai regulations hurdle Tesco’s sale of Asian assets
Tesco's plan to sell its Asian assets may face scrutiny due to the new anti-competition regulations imposed by the Thai government.
Sakon Varanyuwatana, chairman...
What to expect next as US-China trade deal gets inked
Investors across the globe can now expect a "fair and reciprocal trade" said US President Donald Trump as his country’s deal with China finally got...
Philippine Gov’t totally bans deployment of workers to Iraq
Amid escalating tensions in the Middle East, the Philippine Overseas Employment Administration (POEA) has imposed a total ban on the deployment of overseas Filipino...
