Posted at 06/15/21 11:25 PM
Philippine shares extended their gains for a third straight session due to a last-minute turnaround.
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A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world.
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Travelers are expected to number just 52 percent of the pre-crisis level this year, IATA forecast, rising to 88 percent next year.
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The Philippine Stock Exchange Index emerged as the best performer in Asia today after gaining over 2 percent or nearly 145 points.
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NEW YORK - Ford said on Wednesday it is ramping up investment in zero-emission cars and by 2030 expects 40 percent of its vehicle volume to be comprised of fully electric vehicles.
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Governments worldwide, facing strong evidence that fallout from COVID-19 has widened wealth gaps as well as wrecking economies, have expanded social safety nets and in some cases begun exploring bolder ways of tackling the imbalances.
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Sun Life Asset Management cut its growth forecast for the Philippines to between 3.9 to 7.1 percent from an initial forecast of 7.5 to 9.7 percent.
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The Department of Trade and Industry launched on Wednesday a free training program for select micro, small, and medium enterprises that were shuttered by the COVID-19 pandemic.
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The Philippines posted a balance of payments surplus of $2.61 billion in April, higher than the $1.67 billion BOP surplus recorded in the same month last year, the Bangko Sentral ng Pilipinas said Wednesday.
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British retailer Marks & Spencer on Wednesday reported an 88 percent slump in full-year profit, reflecting a collapse in clothing sales due to the COVID-19 pandemic and said it was unlikely to pay a dividend for the current year.
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