Robinhood on Tuesday said it is laying off nearly a quarter of its employees as inflation and a crypto market crash cripple activity on the stock trading platform.
Investment banker Francisco Sebastian has shored up his stake in GT Capital Holdings (GTCAP), just months after being named its chairman.
Luxury Italian carmaker Ferrari raised its financial targets for the year on Tuesday after reporting record orders in the second quarter.
Total economic losses caused by natural disasters hit an estimated $72 billion in the first half of 2022, fuelled by storms and floods, Swiss reinsurance giant Swiss Re estimated Tuesday.
The Union Bank of the Philippines is offering credit card points, miles, cash and fuel perks weekly to welcome Citi Philippines customers who are now part of its clientele.
HSBC bank on Monday said pre-tax profit fell in the first half, and appeared to rebuff calls to spin off its Asian activities on the eve of a key shareholder meeting.
Only one in five eurozone households managed to save more during the pandemic, with the majority unable to build buffers against the current surge in prices, the European Central Bank said Monday.
An analysis of 21 billion Facebook friendships shows that children from poorer homes are likely to earn more later in life if they grow up in areas where they can become friends with wealthier kids.
Ultra bilyonaryo Tessie Sy has chosen another woman to sit on the board of BDO Unibank.
Sy-blings’ banking arm, BDO Unibank sustained its growth momentum as net income rose 12 percent in the first half of the year to P23.9 billion on steady gains across its core businesses.
UnionBank saw its profit decline by a little over a quarter in the first half due to extraordinary trading gains recorded in the same period last year.
A long time director BDO Unibank is leaving the Sy-controlled lending giant after nearly two decades.
An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow’s lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.
San Miguel Corp.’s banking arm raised P7.5 billion from a well-received debt offering that will boost its loan activities.
The 30-member Philippine Stock Exchange (PSE) Index had a minor change in its annual review.
While consumers lumber under hefty gas and electricity bills, energy companies are racking up billions in profits. This has prompted some European countries to impose windfall taxes to help offset the aid that governments are providing consumers to cope with inflation, and calls elsewhere to do the same.
Malawi is claiming over $300 billion from United States company Columbia Gem House for unpaid taxes on minerals extracted from the country and exported to the United States, the attorney general told AFP Friday.
The World Bank said Friday it would not offer new funding to Sri Lanka unless the bankrupt island nation carried out “deep structural reforms” to stabilise its crashing economy.
Robinhood on Tuesday said it is laying off nearly a quarter of its employees as inflation and a crypto market crash cripple activity on the stock trading platform.
Investment banker Francisco Sebastian has shored up his stake in GT Capital Holdings (GTCAP), just months after being named its chairman.
Luxury Italian carmaker Ferrari raised its financial targets for the year on Tuesday after reporting record orders in the second quarter.
Total economic losses caused by natural disasters hit an estimated $72 billion in the first half of 2022, fuelled by storms and floods, Swiss reinsurance giant Swiss Re estimated Tuesday.
The Union Bank of the Philippines is offering credit card points, miles, cash and fuel perks weekly to welcome Citi Philippines customers who are now part of its clientele.
HSBC bank on Monday said pre-tax profit fell in the first half, and appeared to rebuff calls to spin off its Asian activities on the eve of a key shareholder meeting.
Only one in five eurozone households managed to save more during the pandemic, with the majority unable to build buffers against the current surge in prices, the European Central Bank said Monday.
An analysis of 21 billion Facebook friendships shows that children from poorer homes are likely to earn more later in life if they grow up in areas where they can become friends with wealthier kids.
Ultra bilyonaryo Tessie Sy has chosen another woman to sit on the board of BDO Unibank.
Sy-blings’ banking arm, BDO Unibank sustained its growth momentum as net income rose 12 percent in the first half of the year to P23.9 billion on steady gains across its core businesses.
UnionBank saw its profit decline by a little over a quarter in the first half due to extraordinary trading gains recorded in the same period last year.
A long time director BDO Unibank is leaving the Sy-controlled lending giant after nearly two decades.
An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow’s lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.
San Miguel Corp.’s banking arm raised P7.5 billion from a well-received debt offering that will boost its loan activities.
The 30-member Philippine Stock Exchange (PSE) Index had a minor change in its annual review.
While consumers lumber under hefty gas and electricity bills, energy companies are racking up billions in profits. This has prompted some European countries to impose windfall taxes to help offset the aid that governments are providing consumers to cope with inflation, and calls elsewhere to do the same.
Malawi is claiming over $300 billion from United States company Columbia Gem House for unpaid taxes on minerals extracted from the country and exported to the United States, the attorney general told AFP Friday.
The World Bank said Friday it would not offer new funding to Sri Lanka unless the bankrupt island nation carried out “deep structural reforms” to stabilise its crashing economy.
