Business News
Schneider Electric Foundation recently named Sustainable Development Solutions Network (SDSN) Youth Philippines as one of the five winners of the company’s global “Youth Innovation for a Sustainable Future” Call for Projects, launched in celebration of the Foundation’s 25th anniversary. The initiative, which received hundreds of applications across two continents, recognizes youth-led projects spearheading innovative solutions…
CALI (Colombia), Nov 3 (NNN-AGENCIES) — The world’s biggest nature conservation conference closed in Colombia on Saturday with no agreement on a roadmap to ramp up funding for species protection. With other successes under its belt, the 16th Conference of Parties (COP16) to the UN’s Convention on Biological Diversity (CBD) was suspended by its president…
BAGHDAD, Nov 2 (NNN-NINA) – Iraq’s Oil Ministry said yesterday that, the country has reduced its oil production and cut its crude exports to 3.3 million barrels per day, in line with its commitment to the OPEC+ agreement on output cuts. “We confirm that Iraq has lowered its oil production and reduced its exports to…
MSpectrum Inc. and Emperador Distillers, Inc. have teamed up to provide the solar power requirement in the latter’s Laguna manufacturing plants. In photo are (L-R) Anglo Watsons Glass, Inc. President Alec M. Tempongko, MSpectrum President and CEO Ma. Cecilia M. Domingo, Emperador Distillers President and CEO Winston S. Co and MSpectrum COO Patrick Henry T….
Russia’s pipeline gas exports to Europe rose by over 15 percent to 26.52 billion cubic meters in the first 10 months this year, Russia’s TASS news agency reported on Saturday. For the entire year of 2023, the figure amounted to about 28.15 billion cubic meters, said the report. In the first 10 months this year,…
The Asian Development Bank (ADB), said yesterday that, it approved a loan of 85 million U.S. dollars, to fund the modernisation of irrigation networks and increase agricultural production in Nepal. The ADB said, the Irrigation Modernisation Enhancement Project will develop a more efficient and climate-resilient agriculture and irrigation system, for about 56,000 farm households across…
Appdome announced the results of its 4th Annual Philippines Consumer Survey of Mobile App Security here at the Rootcon18 Conference. The survey reveals that mobile end users are keenly aware of the growing security, fraud, and privacy threats they face when using mobile apps and demand that mobile brands and enterprises step forward to provide…
Oil prices continued to climb on Friday following news reports that Iran is preparing to strike Israel in a few days. The international oil benchmark of Brent crude increased by 0.55 percent to USD74.43 per barrel at 11.09 a.m. local time (0809 GMT), up from the previous session’s close of USD74.02. The US benchmark West…
Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, is prepared to modernize its second Philippine gateway following the signing of the concession agreement to upgrade, operate, and maintain Laguindingan International Airport in Misamis Oriental. “Laguindingan International Airport is a pivotal milestone in our strategic mission to elevate the country’s aviation infrastructure. It…
US-based coffeehouse chain Starbucks saw its sales decline for the third consecutive quarter, according to its financial results statement released Wednesday. Global comparable store sales declined 7 percent, said the statement. While North America store sales declined 6 percent, China store sales dove 14 percent, and international store sales fell 9 percent, according to the…