Blog Posts - Business

Crytek Closing Five Studios, Will Refocus On 'Premium IPs' and CryEngine

In a press release, Crytek, the developer behind hits such as the Crysis and Far Cry shooters, announced that it will be closing five of its studios in an effort to "refocus on its core strengths." The only studios remaining will be Crytek's Frankfur...
by Futuristic Car Design on Dec 21, 2016

Dollar profits from yield allure, Nikkei at 1-year peak

The US dollar was encamped near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favor, while a falling yen lifted Japanese shares to a one-year top.

Marubeni buys stake in Ayala-led power plant in Batangas

Japanese business conglomerate Marubeni has acquired a 20-percent stake in the 270-megawatt Puting Bato thermal power plant in Calaca, Batangas, coming in as a strategic partner of a consortium formed by the Ayala and Phinma groups to operate the pow...

PH shares underperform anew on weak peso, foreign fund outflow

Philippine shares underperformed their Asian peers with the index, at one point, even testing the 6,500 mark.

BlackBerry results show progress on transition to software

BlackBerry posted better-than-expected third quarter results Tuesday, showing it was making headway in its transformation into a software and services company after abandoning in-house manufacturing of smartphones.

Aboitiz Power’s $1.2-B purchase of GNPower gets green light

Aboitiz Power Corp.—through wholly-owned subsidiary Therma Power Inc.—has secured the approval of the Philippine government to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd...

Biz buzz: ‘The Ghost of Positions Past’

Newly appointed Social Security System vice chair, president and CEO Emmanuel Dooc—who used to head the Insurance Commission—may have to contend with the so-called “Ghost of Christmas Past” even as he assumes his new post at...

BSP releases Duterte bank notes

The Bangko Sentral ng Pilipinas (BSP) released on Tuesday 27 million pieces of bank notes bearing President Duterte's signature, worth a total of P8.75 billion. BSP Deputy Gov. Diwa C. Guinigundo told a press conference that the New Generation Curren...

Piñol crafts Masaganang Ani project

Emmanuel F. Piñol said he expected to be reappointed agriculture secretary after the Commission on Appointments (CA) bypassed him earlier this month, saying that his “personal friend” President Duterte told him so. The post Piñol crafts...

EU charges Facebook over WhatsApp buyout

The European Union charged Facebook on Tuesday with providing "misleading" information when it sought approval for its blockbuster $22-billon buyout of the WhatsApp mobile messaging service.

‘Endo’ death seen with new labor rules, officials say

President Rodrigo Duterte will deliver on his promise to stop “endo” or illegal labor contractualization, once he approves a draft of new hiring rules, officials said.

Thousands of gaming jobs seen as Okada resort opens

Thousand of new jobs are expected to be created over the next few months as the $2.4-billion Okada Manila resort and casino complex—the newest entrant in Pagcor's Entertainment City complex —opens for a “preview” today. The po...

Islands Group boss splashes souvenir shirts, hotels with vacation feel

Island Group CEO Jay Aldeguer parlayed a successful souvenir and t-shirt business into value hotels, surrounding himself with people who share his vision.

P2P bus service, may biyaheng Alabang-Ortigas na

Good news sa mga bumibiyahe mula Alabang hanggang Ortigas Avenue.

Hike in LSI stock allocation sought

The Philippine Stock Exchange is seeking leeway to jack up the maximum initial public offering allotment for local small investors (LSI) to P100,000 from P25,000 or any amount warranted on a case-to-case basis to make equities investing worthwhile fo...

Special report: Shopping malls boost PH economic growth

(Last of four parts) On a typical weekend, close to half a million people flock to SM City North Edsa, nearly double the entire population of some South Pacific territories, like Vanuatu or New Caledonia. Built on sprawling grassland in 1985, a year...

Gov’t to put up OFW Bank

State-run Land Bank of the Philippines (Landbank) will establish in September next year a so-called “OFW Bank,” an offshoot of its planned acquisition of Philippine Postal Savings Bank (Postbank). The post Gov't to put up OFW Bank appeare...

Investment pledges in Q3 down 45%

Foreign firms' investment pledges during the first three months of the Duterte administration dropped 45 percent year-on-year to P26.7 billion, the government reported Tuesday. The post Investment pledges in Q3 down 45% appeared first on Inquirer Bus...

PSEI sinks to 6,600 as foreign funds continue exodus

The local stock barometer sank to the 6,600 level on Tuesday as foreign funds continued to pull out of emerging markets following heightened global political risks and ahead of further interest rate increases in the United States. The post PSEI sinks...

Ultimate Cycler Nigeria Login –

Ultimate Cycler Nigeria Login – Ultimate Cycler is one of the newest business in the country where you can invest as little as N12,500 and receive N50,000 within few days. However there are lots of people who think that a...
by Gist Plus on Dec 20, 2016

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