Coty takes $600-M bet on Kylie Jenner’s beauty brands
COTY Inc. said Monday it would pay $600
million for a majority stake in Kylie Jenner’s make-up and skincare businesses,
as it looks to tap into...
China attacks US at G20 as theworld’s biggest source of instability
BEIJING – The
United States (US) is the world’s biggest source of instability, the Chinese
government’s top diplomat said on Saturday in a stinging attack at...
Amazon files lawsuit contesting Pentagon’s $10-billion cloud contract to Microsoft
AMAZON.COM Inc. on Friday filed a
lawsuit in the United States’
(US) Court of Federal Claims contesting the Pentagon’s award of a cloud
computing contract worth...
Trade dep’t eyes P125-M venture fund for startups
MANILA – The Department of Trade and Industry (DTI) is targeting an
initial P125 million in venture funds to match investments from selected
investors to Philippine-based...
Energy Regulatory Commission eyes lower price cap at WESM
MANILA
– The Energy Regulatory Commission (ERC) is looking at a lower secondary price
cap in the Wholesale Electricity Spot Market (WESM) to counter spikes in
electricity...
Xi Jinping says Beijing wants trade deal, can ‘fight back’
BEIJING
– President Xi Jinping on Friday said that Beijing wants to work for a
trade deal with the United States (US) but is not afraid...
Boeing settles half of lawsuits tied to Indonesian 737 Max crash
BOEING has settled half of the lawsuits
filed in federal court over the October 2018 crash of a 737 Max jet off the
coast of Indonesia.
A...
Firm says ‘ease of doing business’ attracts more foreign investors
MANILA – Transparency in government processes attract more foreign
investments to the Philippines, an official of a business entity said during
the Business 2020 Beyond the...
Trump vague about whether to veto bills backing Hong Kong protesters
WASHINGTON – President of the United
States (US) Donald Trump was vague on Friday about whether he would sign or
veto legislation to back protesters in...
Maltese police search businessman’s yacht amid journalist slaying probe
MALTA – Police on Friday searched the
yacht of a prominent local businessman who is being questioned about the
car-bomb slaying of an investigative journalist.
Police searched...