Posted at 12/04/21 7:29 AM
Global stocks finished a volatile week on a downcast note Friday, sunk by worries over the Omicron variant and disappointment at the most recent US job growth figures.
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Converge ICT Solutions Inc said Thursday it has deployed nearly 5.5 million ports from Luzon to Mindanao as of the end of October.
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First Gen Corp on Thursday said its unit Prime Meridian Powergen Corp signed a total of P2.8 billion 3-year term loan facilities with the Bank of the Philippine Islands and ING Bank Manila.
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PHINMA Corp said Thursday its website has been restored after it was rendered inaccessible due to domain registry GoDaddy's security incident.
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The company that owns Tinder will pay $441 million to the popular dating app's founders to settle a dispute over the valuation of stock options, documents showed Wednesday.
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Global airlines are bracing for more volatility due to the Omicron coronavirus variant that could force them to juggle schedules and destinations at short notice and rely more on domestic markets where possible, analysts say.
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Facebook owner Meta Platforms Inc said on Wednesday it had removed accounts used by an influence operation originating in China that promoted claims of a fake "Swiss biologist" saying the United States was interfering in the search for COVID-19's origins.
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The Philippine stock market fell on the first day of December due to panic-selling, as the threat of Omicron continued to dampen investor sentiment.
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The OECD warned Wednesday that the Omicron coronavirus variant threatens the global economic recovery as it lowered the growth outlook for 2021.
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If the Philippines wants to produce the next BTS, the country must allow foreigners to invest in and own mass media, two economists said on Wednesday.
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