Business

Toshiba shares fall 10% on nuclear business loss reports

TOKYO, Japan (AFP) -- Shares in Toshiba dived more than 10 percent Tuesday on reports it is likely to record…

BMW to recall nearly 200,000 cars in China

  German luxury carmaker BMW will recall nearly 200,000 vehicles in China because of flawed airbags, according to the country's…

BSP expects higher inflation rate in 2017-2018

QUEZON City, Philippines - The Bangko Sentral ng Pilipinas forecasts an increase of 3.3% in the inflation rate in 2017…

Unemployment rate drops this year

QUEZON City, Philippines - Due to the continuous economic growth experienced by the Philippines, the country's unemployment rate drops to…

Deutsche Bank to pay $7.2bn to settle US subprime case

BERLIN, Germany (AFP) -- Deutsche Bank has agreed to pay a total of $7.2 billion to settle a case with…

Nokia sues Apple for patent infringement

HELSINKI, Finland (AFP) -- Nokia announced Wednesday it is suing Apple in German and US courts for patent infringement, claiming…

Facebook dials in live audio streaming option

SAN FRANCISCO, United States (AFP) -- Facebook on Monday began testing a live audio streaming service that will let people…

Nike earnings rise, bullish on China

NEW YORK, United States (AFP) -- Nike reported higher second-quarter earnings Tuesday behind increased sales in key markets, including China,…

BIR posts higher November collection of P157-B

MANILA, Dec. 20 - The Bureau of Internal Revenue (BIR) posted a 15 percent revenue collection increase to P157.3 billion…

IMF chief Lagarde found guilty over French tycoon payment

by Aurélia END Clare BYRNE Agence France-Presse PARIS, France (AFP) - A French court on Monday found IMF head Christine…

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