Business

Bitcoin surges towards $17,000 as concerns mount

LONDON, United Kingdom (AFP) -- Bitcoin flirted with $17,000 on Thursday, triggering a warning the cryptocurrency was "like a charging…

Bitcoin charges through $14,000 as investors pile in

SINGAPORE, Singapore (AFP) -- Bitcoin hit a fresh record of $14,000 Thursday as investors piled in, triggering a warning the…

Bitcoin defies bubble fears and smashes $12,000; hits new record

SINGAPORE, Singapore (AFP) -- Bitcoin smashed through the $12,000 barrier for the first time Wednesday, extending the virtual currency's stratospheric…

Global stocks pressured by oil weakness, profit taking

NEW YORK, United States (AFP) -- Global stocks were under pressure Wednesday from weakening oil prices and worries about President…

PAL expands in Davao City

The Philippine’s flag carrier expanded its operation in Davao City to accommodate more clients from adjacent municipalities and provinces, opening…

Asian markets tumble on sell-off in tech, energy firms

HONG KONG, China (AFP) -- Technology and energy firms were the biggest losers as Asian markets tumbled on Wednesday, extending…

US pharmacy chain CVS announces $69 billion purchase of insurer Aetna

SAN FRANCISCO, United States (AFP) -- US drugstore chain CVS Health announced Sunday it would buy medical insurer Aetna for…

Facebook opens new London hub, creating 800 jobs

LONDON, United Kingdom (AFP) -- Social media titan Facebook will open a new office in London on Monday that is…

Nestle to close its DR Congo factory

KINSHASA, DR Congo (AFP) -- Swiss food giant Nestle announced Sunday that it would close its factory in Kinshasa, capital…

US agency gives green light to bitcoin on major exchanges

NEW YORK, United States (AFP) -- A US regulator cleared the way Friday for bitcoin futures to trade on major…

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