June 10, 2023
The peso regained some ground, but the stock market fell again at the end of the trading week and ahead of the holiday on Monday. The currency gained 6 centavos to 56.05 pesos against the dollar on Friday, while the Philippine Stock Exchange’s benchmark index (PSEi) fell 32.21 points, or 0.49 percent, to end the
READ MOREPrince Harry’s lawyer concluded his account of the royal family’s case against the newspaper’s publisher on Thursday by questioning a former tabloid reporter about information pasted into articles by then-editor Piers Morgan. On the final day of testimony, lawyer David Sherborne questioned former Daily Mirror royal correspondent Jane Kerr, whose byline appears on several of
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zoom Inc., disposable robot pizzeria two people familiar with the matter said the company, which had become a venture capital kurtosis before the pandemic, had gone out of business. The company has raised about $450 million from SoftBank Group Corp.’s Vision Fund. and other companies. She has hired restructuring firm Sherwood Partners to sell her
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Chilean state-owned copper mining giant Codelco closed its Ventanas copper smelter on Wednesday after decades of polluting Quintero Bay with toxic gases and turning it, along with 15 other companies, into what environmentalists have called a “sacrifice zone.” eight years ago Chilean government said that the three municipalities surrounding the bay – Quintero, Puchunkavi and
READ MOREGermany said on Wednesday it would close four of Russia’s five consulates, revoking their licenses, in retaliation after Moscow’s decision to limit the number of German officials in Russia to 350. The move represents a sharp deterioration in bilateral relations amid a wider collapse in relations following Russia’s invasion of Ukraine early last year. Russia
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Chinese private investment company Primavera Capital Group, an early investor in billionaire Jack Ma’s Ant Group, has closed its fourth US dollar-denominated private share. funds $4 billion, said two people with direct knowledge of the matter. Primavera’s fundraising, which invests primarily in China but has diversified into Southeast Asia and North America over the years,
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The iconic open-air cinema in southeast Melbourne has become the latest cost-of-living casualty by announcing it will close in 67 years. Lunar Drive-in in Dandenong is Australia’s largest drive-in theater. When it first opened in 1956 it was one of the first cars built in Australia. Nearly seven decades later, the theater is still popular,
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Billionaire Richard BransonSatellite launch startup Virgin Orbit has announced a $36 million closing and sale of all assets. Branson made several mistakes in his satellite launch venture, notably in a catastrophic failed orbital mission in the UK that received more than $20 million in funding from British taxpayers. The company suspended operations in March and
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On Friday, the peso rose again and the stock market rebounded from the previous day’s decline as investors digested a statement from the Bangko Sentral ng Pilipinas (BSP) holding back from raising interest rates further. The currency gained 20 centavos to close at 55.67 pesos against the dollar. The Philippine Stock Exchange’s core index (PSEi)
READ MOREChina has stepped up efforts to clean up false news and rumors on the Internet, shutting down more than 100,000 online accounts in the past month that misrepresented top news and media outlets, its cyberspace regulator said. China’s Cyberspace Authority (CAC) has launched a special online cleanup campaign, focusing on social media accounts that spread
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