Lifestyle
Philippine Airlines sets US$450 million of spending as tourism rebounds
PHILIPPINE Airlines has set a spending budget of US$450 million for this year, more than double the US$170 million allotted in 2023, as it gears up for the continued...
TSMC evacuates production lines after major Taiwan quake
TAIWAN Semiconductor Manufacturing Company (TSMC) evacuated factory areas after a major earthquake rocked its home island on Wednesday (Apr 3), endangering production at the world’s largest maker of advanced...
Dyna-Mac order book swells to record S$896 million
OFFSHORE oil and gas contractor Dyna-Mac achieved a record S$896 million net order book with new contract wins.The project deliveries stretch to 2026, said the group on Wednesday (Apr 3).The...
Chipmaker Hailo raises US$120 million riding on AI boom
ISRAEL-BASED chipmaker Hailo has raised US$120 million in a new funding round, valuing it at US$1.2 billion, and released a high-performance generative artificial intelligence (AI) chip, the company said...
US Steel union rejects Nippon Steel’s appeal for takeover support
THE union representing employees of United States Steel on Tuesday (Apr 2) said it would not support Japanese firm Nippon Steel’s draft agreement to gain support for its takeover...
Europe: Stocks dragged down by healthcare; German inflation data in focus
EUROPEAN stocks made a downbeat start to the second quarter, pressured by healthcare shares, while investors parsed inflation data from the continent’s largest economy Germany for clues on the...
Tesla sales fall short of estimates in first drop since 2020
TESLA suffered its first year-over-year sales drop since the early days of the Covid pandemic.The electric carmaker handed more than 386,810 vehicles in the first three months of 2024,...