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- Berkshire Hathaway shares fall as CEO Buffett passes the baton to Abel
Berkshire Hathaway's board votes unanimously to name Vice Chairman Greg Abel as president and CEO starting next year, while Warren Buffett would stay as chairman
- Robinsons Land nets 4% core income growth in first quarter
Robinsons Land has a lofty goal of earning P25 billion in revenues by its 50th anniversary in 2030
- Inflation further slips to over 5-year low of 1.4% in April 2025
(1st UPDATE) This is the lowest inflation rate since the 1.2% recorded in November 2019
- NNIC eyes switching to parallel passenger drop-off after vehicle crash
The New NAIA Infra Corp. is also conducting an audit of all security bollards or the post that is supposed to keep vehicles from ramming into pedestrians, and all other protective barriers
- GCash anti-vote buying transaction limits to last until election day
'By ending financial influence on people’s votes, we can ensure that the people’s real voices will prevail in the election results,' GCash says
- Philippines’ dream of ‘A’ rating still alive, says S&P
MANILA, Philippines – The Philippines still has a chance to bag the coveted “A” credit rating despite the tariff-induced global headwinds, S&P Global Ratings said, as the domestic-oriented economy would be less affected by the US trade war. In a webinar on Tuesday, Rain Yin, director at S&P, said the debt watcher’s prevailing “positive” outlook
- More BSP rate cuts on tap as April inflation hits 1.4%
MANILA, Philippines – Inflation eased more than expected in April, posting its lowest level in over five years on the back of slower food price hikes and a decline in transportation costs. And the more manageable price growth would allow monetary authorities to further cut borrowing costs, which can help the economy navigate a “more
- Import ban on Minnesota poultry, eggs lifted
MANILA, Philippines – The Department of Agriculture (DA) has lifted the temporary ban on imported domestic and wild birds, as well as poultry products from the US state of Minnesota, after it cleared all reported avian flu cases. In a statement on Tuesday, the DA said the Philippines now allows the entry of live poultry,
- US, China to hold trade talks in Switzerland
Senior United States and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks following Donald Trump’s sweeping tariff rollout, according to statements from both countries. Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will attend for the United States, their offices said. Vice Premier He Lifeng will attend
- US stocks sink again as more companies detail damage from Trump’s trade war
NEW YORK, United States — U.S. stocks closed lower Tuesday as quarterly results show more companies are scrubbing their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs. The S&P 500 fell 0.8 percent, its second drop after breaking a nine-day winning streak, its longest such run in more than 20