Business

Bank of Canada raises benchmark interest rate to 1.25%

OTTAWA, Canada (AFP) -- The Bank of Canada raised its benchmark interest rate by 25 basis points to 1.25 percent Wednesday, pointing…

Apple says it will pay $38 billion in taxes on repatriated profits

SAN FRANCISO, United States (AFP) -- Apple announced Wednesday it would pay some $38 billion in taxes -- likely the largest payment…

Volkswagen clinches record sales in 2017

FRANKFURT AM MAIN, Germany (AFP) -- Germany's Volkswagen said Wednesday it sold a record number of vehicles in 2017, putting…

Overseas Filipino Bank to be launched tomorrow, January 18

(Eagle News) – The Overseas Filipino Bank is set to launched tomorrow, January 18, ready to provide financial and remittance…

Google ‘cloud’ grows with new undersea data cables

SAN FRANCISCO, United States (AFP) -- Google on Tuesday said it is adding three new undersea data cables as it…

Wall Street on Cloud Nine since Trump’s election

by Ali Bekhtaoui Agence France Presse NEW YORK, United States (AFP) -- The bronze sculpture of a bull that stands…

Ford projects lower-than-expected 2017 profits

DETROIT, United States (AFP) -- Ford on Tuesday projected 2017 earnings below the level expected by analysts and said results this year…

Sweet deal: Nestle sells US candy to Ferrero for $2.8 bn

GENEVA, Switzerland (AFP) - Nestle said Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.7 billion…

At Detroit auto show, trucks and SUVs take center stage

by John BIERS / Nova SAFO Agence France-Presse DETROIT, United States (AFP) -- Car makers appealed to Americans' deep love…

Daimler struggling with European emissions standards

DETROIT, United States (AFP) -- The chief executive of Daimler said Monday at the Detroit auto show that his company…

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