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BUSINESS

Latest Business News

South Korea secures 74.62 million barrels of crude for May-- presidential office

South Korea secures 74.62 million barrels of crude for May-- presidential office

Russian oil shipment provides temporary relief in Cuba fuel crisis

Russian oil shipment provides temporary relief in Cuba fuel crisis

FOREX: Dollar set for weekly gain on stalled US-Iran talks and Middle East uncertainty

FOREX: Dollar set for weekly gain on stalled US-Iran talks and Middle East uncertainty

Trump says US may buy troubled airline at ‘right price’ as rescue talks advance

Trump says US may buy troubled airline at ‘right price’ as rescue talks advance

Lufthansa introduces discounted fare in Europe limiting free carry-on bags

Lufthansa introduces discounted fare in Europe limiting free carry-on bags

Amsterdam Schiphol offers airlines discount on airport charges due to Iran war

Amsterdam Schiphol offers airlines discount on airport charges due to Iran war

Iran war impact seeps ever deeper into global economy

Iran war impact seeps ever deeper into global economy

Iran war pushing more than 30 million back into poverty, UN development chief says

Iran war pushing more than 30 million back into poverty, UN development chief says

Malacañang calls new rules on POGOs 'the final nail in the coffin'

Malacañang calls new rules on POGOs 'the final nail in the coffin'

Swedish government ready to shield economy from impact of Iran war, prime minister says

Swedish government ready to shield economy from impact of Iran war, prime minister says

GLOBAL MARKETS: Shares stumble as war worries drive oil back above $100

GLOBAL MARKETS: Shares stumble as war worries drive oil back above $100

Lululemon shares drop as new CEO appointment leaves investors unimpressed

Lululemon shares drop as new CEO appointment leaves investors unimpressed

Airlines plan price hikes, cancellations and cut outlook as jet fuel prices surge

Airlines plan price hikes, cancellations and cut outlook as jet fuel prices surge

Honda to halt South Korea car sales, highlighting strain across Asian markets

Honda to halt South Korea car sales, highlighting strain across Asian markets

China's global EV push reflects its ambition - and harsh economics at home

China's global EV push reflects its ambition - and harsh economics at home

Russian billionaires boost wealth by 11% over a year despite war and sanctions — Forbes

Russian billionaires boost wealth by 11% over a year despite war and sanctions — Forbes

Sainsbury's echoes Tesco warning as Iran war weighs on outlook

Sainsbury's echoes Tesco warning as Iran war weighs on outlook

Iran war boosts European logistics profits as shipping chaos persists

Iran war boosts European logistics profits as shipping chaos persists

Heineken warns of impact of Iran war after first-quarter beat

Heineken warns of impact of Iran war after first-quarter beat

ANALYSIS: Gulf aluminium disruption ripples up to alumina market

ANALYSIS: Gulf aluminium disruption ripples up to alumina market

US waives sanctions on Russian oil after requests from vulnerable countries

US waives sanctions on Russian oil after requests from vulnerable countries

Germany expects to sign submarine deal with India 'soon', says defence minister

Germany expects to sign submarine deal with India 'soon', says defence minister

Iran tightens control of Hormuz after US calls off renewed attacks

Iran tightens control of Hormuz after US calls off renewed attacks

American Airlines expected to report Q1 loss as winter storms weigh on results — reports

American Airlines expected to report Q1 loss as winter storms weigh on results — reports

Indian cotton yarn makers among rare winners as Iran war drives global price shocks

Indian cotton yarn makers among rare winners as Iran war drives global price shocks

FOREX: Dollar gains as Iran war keeps central banks in wait and see mode

FOREX: Dollar gains as Iran war keeps central banks in wait and see mode

Iran seizes ships in Strait of Hormuz after Trump extends ceasefire

Iran seizes ships in Strait of Hormuz after Trump extends ceasefire

Waiting for 'safe and sustainable' strait crossings, top shipping execs say

Waiting for 'safe and sustainable' strait crossings, top shipping execs say

From paint to planes, Iran war raises prices, lowers outlooks

From paint to planes, Iran war raises prices, lowers outlooks

Sterling steady with focus on inflation data, Iran ceasefire uncertainty

Sterling steady with focus on inflation data, Iran ceasefire uncertainty

FACTBOX: Price hikes, outlook cuts - What airlines are doing as fuel costs surge

FACTBOX: Price hikes, outlook cuts - What airlines are doing as fuel costs surge

Senator Raffy Tulfo urges DOLE to assign ‘meaningful work' to TUPAD beneficiaries

Senator Raffy Tulfo urges DOLE to assign ‘meaningful work' to TUPAD beneficiaries

Palace: PH keeps investor trust remains strong despite Fitch outlook downgrade

Palace: PH keeps investor trust remains strong despite Fitch outlook downgrade

FACTBOX: The world's biggest privately held companies

FACTBOX: The world's biggest privately held companies

Trump risks 'buyer's remorse' with Warsh

Trump risks 'buyer's remorse' with Warsh

PH gov’t assures stable fuel supply with 52-day oil buffer

PH gov’t assures stable fuel supply with 52-day oil buffer

China stocks hit 3-month high as Iran ceasefire offers cautious optimism

China stocks hit 3-month high as Iran ceasefire offers cautious optimism

Slovakia won’t block next sanctions package if Druzhba oil flows, says foreign minister

Slovakia won’t block next sanctions package if Druzhba oil flows, says foreign minister

European shares dip as US-Iran tensions weigh on sentiment

European shares dip as US-Iran tensions weigh on sentiment

France to offset Iran crisis cost with spending freeze

France to offset Iran crisis cost with spending freeze

France's Macron vows to help Lebanese prepare negotiations with Israel

France's Macron vows to help Lebanese prepare negotiations with Israel

 EXPLAINER: How the Iran war oil and gas supply shock compares with past disruptions

EXPLAINER: How the Iran war oil and gas supply shock compares with past disruptions

UK inflation rises to 3.3% as Iran war impact begins to hit

UK inflation rises to 3.3% as Iran war impact begins to hit

GLOBAL MARKETS: US stocks end lower, oil gains as Iran rejects peace talks

GLOBAL MARKETS: US stocks end lower, oil gains as Iran rejects peace talks

US warns it will run out of money to pay airport security workers in coming weeks

US warns it will run out of money to pay airport security workers in coming weeks

Europe faces difficult summer due to Iran crisis, EU Energy commissioner says

Europe faces difficult summer due to Iran crisis, EU Energy commissioner says

Trump says there 'can never be a deal with Iran' if Strait of Hormuz blockade lifted

Trump says there 'can never be a deal with Iran' if Strait of Hormuz blockade lifted

FOREX: Dollar at week high as markets raise doubts over Iran ceasefire

FOREX: Dollar at week high as markets raise doubts over Iran ceasefire

Trump says he will 'remember' companies that don't seek tariff refunds

Trump says he will 'remember' companies that don't seek tariff refunds

Record surge in gasoline prices boosts US retail sales in March

Record surge in gasoline prices boosts US retail sales in March

FACTBOX: Alternative routes for Middle East oil and gas due to Hormuz disruption

FACTBOX: Alternative routes for Middle East oil and gas due to Hormuz disruption

Shipping traffic through Hormuz still largely halted

Shipping traffic through Hormuz still largely halted

FOREX: US dollar edges higher as Iran ceasefire deadline approaches

FOREX: US dollar edges higher as Iran ceasefire deadline approaches

China stocks end higher as investors eye US-Iran peace talks

China stocks end higher as investors eye US-Iran peace talks

ANALYSIS: Gulf worries US-Iran talks may cement Tehran's 'golden' grip on Hormuz

ANALYSIS: Gulf worries US-Iran talks may cement Tehran's 'golden' grip on Hormuz

Scammers  offer ships safe transit through Strait of Hormuz in exchange for cryptocurrency

Scammers offer ships safe transit through Strait of Hormuz in exchange for cryptocurrency

UK's migration crackdown risks care home staffing crunch

UK's migration crackdown risks care home staffing crunch

Associated British Foods to split Primark from its food businesses

Associated British Foods to split Primark from its food businesses

Iran war fuel hike adds $100 to long-haul flight cost, study says

Iran war fuel hike adds $100 to long-haul flight cost, study says

Portugal confident its airports will avoid jet fuel shortages

Portugal confident its airports will avoid jet fuel shortages

ANALYSIS: With tariffs stalled, Trump's China policy drifts

ANALYSIS: With tariffs stalled, Trump's China policy drifts

FOREX: Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay

FOREX: Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay

GLOBAL MARKETS: Stocks rebound as Iran peace talks in focus; Warsh hearing looms

GLOBAL MARKETS: Stocks rebound as Iran peace talks in focus; Warsh hearing looms

US tariff refund system launches as thousands of companies file claims

US tariff refund system launches as thousands of companies file claims

India and South Korea plan $50 billion trade push with new deals

India and South Korea plan $50 billion trade push with new deals

Kuwait declares force majeure on oil shipments amid Hormuz blockade — report

Kuwait declares force majeure on oil shipments amid Hormuz blockade — report

Hormuz shipping again near standstill after shots and seizure

Hormuz shipping again near standstill after shots and seizure

President Marcos: Bigger fuel rollback coming, oil firms ordered to comply

President Marcos: Bigger fuel rollback coming, oil firms ordered to comply

US to host further G20 talks on war's impact on food and fertilizer

US to host further G20 talks on war's impact on food and fertilizer

Tesla's energy storage division to pick up slack as car margins drop and credits fade

Tesla's energy storage division to pick up slack as car margins drop and credits fade

Dutch government offers tax breaks for rising fuel costs

Dutch government offers tax breaks for rising fuel costs

 Toll fees for agri, food trucks suspended in bid to ease transport costs

Toll fees for agri, food trucks suspended in bid to ease transport costs

EV sales soar in main European markets as drivers shun expensive petrol

EV sales soar in main European markets as drivers shun expensive petrol

British luxury handbag maker Mulberry reports higher annual revenue with simplified business strategy

British luxury handbag maker Mulberry reports higher annual revenue with simplified business strategy

South Korea's Lee to seek big boost in economic ties in summit with India's Modi

South Korea's Lee to seek big boost in economic ties in summit with India's Modi

European markets light on volume and high on hopes

European markets light on volume and high on hopes

FOREX: Dollar hits one-week high as Middle East tensions reignite

FOREX: Dollar hits one-week high as Middle East tensions reignite

India's gold-buying festival sees tepid demand on price surge

India's gold-buying festival sees tepid demand on price surge

ANALYSIS: How fifty days of the Iran war led to the loss of $50 billion worth of oil

ANALYSIS: How fifty days of the Iran war led to the loss of $50 billion worth of oil

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

Oil tankers move through Hormuz but Iran signals it may close again

Oil tankers move through Hormuz but Iran signals it may close again

Senator Villanueva urges bank compliance on BSP order to waive digital fund transfer fees

Senator Villanueva urges bank compliance on BSP order to waive digital fund transfer fees

British Foreign Secretary urges resumption of normal shipping operations in Strait of Hormuz

British Foreign Secretary urges resumption of normal shipping operations in Strait of Hormuz

QUOTES: Reactions of industry and leaders to reopening of Strait of Hormuz

QUOTES: Reactions of industry and leaders to reopening of Strait of Hormuz

Strait of Hormuz 'will not remain open' if US blockade continues, Iran says

Strait of Hormuz 'will not remain open' if US blockade continues, Iran says

Strait of Hormuz reopening could pull oil back to the $70s, analyst says

Strait of Hormuz reopening could pull oil back to the $70s, analyst says

Oil settles down 9% after Iran declares Strait of Hormuz open

Oil settles down 9% after Iran declares Strait of Hormuz open

GLOBAL MARKETS: Stocks romp to records, oil plunges on hopes of US-Iran peace deal

GLOBAL MARKETS: Stocks romp to records, oil plunges on hopes of US-Iran peace deal

Iran reopens Strait of Hormuz, but says US must end naval blockade

Iran reopens Strait of Hormuz, but says US must end naval blockade

Oil prices fall by 11% after Iran declares Strait of Hormuz open

Oil prices fall by 11% after Iran declares Strait of Hormuz open

Iran: Strait of Hormuz now open after Israel-Lebanon ceasefire deal

Iran: Strait of Hormuz now open after Israel-Lebanon ceasefire deal

Philippines, US to build industrial hub to strengthen supply chain security

Philippines, US to build industrial hub to strengthen supply chain security

Senator Pangilinan: Farmers, fisherfolk must be paid within 15 days after delivering goods

Senator Pangilinan: Farmers, fisherfolk must be paid within 15 days after delivering goods

FOREX: Dollar set for second weekly drop, euro steadies near pre-war levels

FOREX: Dollar set for second weekly drop, euro steadies near pre-war levels

Equity fund inflows rise as war risks recede, upbeat earnings boost mood

Equity fund inflows rise as war risks recede, upbeat earnings boost mood

Senator Escudero: use VAT windfall from fuel as public aid

Senator Escudero: use VAT windfall from fuel as public aid

Palace program provides rice subsidies to Manila workers

Palace program provides rice subsidies to Manila workers

Lebanese officials had 'good' meeting with IMF, finance minister says

Lebanese officials had 'good' meeting with IMF, finance minister says

President Marcos signs executive order updating PH foreign investment rules

President Marcos signs executive order updating PH foreign investment rules

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