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Google to invest $550 million in China e-commerce giant JD.com

Google will invest more than half a billion dollars in China’s second-largest e-commerce company JD.com as part of a move to expand retail services around the world, the companies said Monday. The announcement comes as US giant is pushing Google Shopping, a platform allowing customers to compare prices between different sellers, which poses a challenge […] The post Google to invest $550 million in China e-commerce giant JD.com appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

Asian equities hit as Trump tariffs spark trade war fears

Fresh fears of a trade war between the world’s top two economies sent most Asian markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports. Energy firms were among the biggest losers as oil prices plunged ahead of a key OPEC meeting, where Saudi Arabia and […] The post Asian equities hit as Trump tariffs spark trade war fears appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

BusinessWorld Discussions | Episode 03 | Arylnn Camorongan and Marigail Esteban

Before they drove for Grab, both Arylnn Camorongan and Marigail Esteban taught for a living — the first as a trainer for a business process outsourcing firm and the second as a lecturer at a tourism school. The post BusinessWorld Discussions | Episode 03 | Arylnn Camorongan and Marigail Esteban appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

Lapse in judgment

By all accounts, Phil Mickelson did well at the United States Open yesterday. He teed off early, close to six hours before the final pairing, and posted a 69 that could well have been a handful of strokes better. Still, he’s not likely to complain about his performance, not with majority of the field still coming up with over-par scores despite the US Golf Association’s conscious effort to soften up the course, and especially it followed a third-round 81 that included a serious breach of etiquette. The post Lapse in judgment appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

Wesley So in Stavanger

Wesley So has a bad score against world champion Magnus Carlsen. In 12 previous classical chess encounters he had lost 4 and drawn the rest. The 4 losses included this bad beating from the Bilbao Masters 2016 where he was outplayed like a child. The post Wesley So in Stavanger appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

Utah Jazz star Donovan Mitchell an athlete since day one

BRIEFLY in town for his “Spida in Manila Tour,” young Utah Jazz star Donovan Mitchell took time to meet with members of local media where he shared some of his thoughts, including the impressive rookie season he had in the National Basketball Association (NBA) and how growing up in a “sports household” honed the person he has become. The post Utah Jazz star Donovan Mitchell an athlete since day one appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

The North Face backstops PHL National Climbing Team

THE Philippine National Climbing Team (PNCT) recently got a new supporter in its quest to make it to the 2020 Tokyo Olympics after the group signed a partnership with world leading outdoor sports brand The North Face. The post The North Face backstops PHL National Climbing Team appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

FIBA extends Patrick Baumann’s contract as secretary-general until 2031

RECOGNIZING the key role he has played in the growth of world basketball governing body FIBA and the sport in general since coming on board, FIBA’s Central Board unanimously agreed at the weekend to extend the contract of Secretary-General Patrick Baumann until 2031. The post FIBA extends Patrick Baumann’s contract as secretary-general until 2031 appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

Back-to-back champion

SOUTHAMPTON -- Brooks Koepka became the first player in three decades to repeat as US Open Champion here Sunday, firing a gritty final round 68 at Shinnecock Hills to beat Tommy Fleetwood by one stroke. The post Back-to-back champion appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

Mexico stuns Germany

MOSCOW -- Mexico stunned World Cup holders Germany on Sunday, inflicting a 1-0 defeat that throws the Germans’ title defense into disarray as Neymar’s Brazil stuttered to a draw against Switzerland. The post Mexico stuns Germany appeared first on BusinessWorld......»»

Source: Bworldonline BworldonlineCategory: Finance14 hr. 37 min. ago Related News

BSP revises FDI projection upward to $9.2 B

The Philippines is seen booking over $9 billion worth of foreign direct investments (FDIs) this year amid the improving global perception of the country as an investment destination......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Index may test 7,800 level this week

The benchmark stock market index may bounce off the 7,500 support level and test the resistance at 7,800 this week......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Philippine officials off to Tokyo for samurai bond roadshow

A Philippine delegation is set to visit Tokyo this week to brief potential investors on the Philippine economy and discuss with Japanese officials the progress of the administration’s infrastructure projects, the Department of Finance (DOF) said over the weekend......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

BSP earnings up 6-fold to P9.83 B

The Bangko Sentral ng Pilipinas (BSP) booked a six-fold increase in earnings in the first quarter on the back of higher revenue and lower interest expense......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

AboitizPower to provide 33 MW of clean energy to Nueva Ecija

Aboitiz Power Corp. has struck a deal to provide clean energy supply of 33 megawatts (MW) to the province of Nueva Ecija......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Inflation may have already peaked at 4.6% in May

Inflation may have already peaked at 4.6 percent in May and may slowly taper in the coming months, according to the National Economic and Development Authority (NEDA)......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Bounty Fresh to acquire New Zealand poultry producer

Bounty Fresh Food of the Philippines, the poultry company founded by low key businessman Tennyson Chen, has moved a step closer to acquiring the Tegel Group, New Zealand’s biggest poultry producer, in a $309 million takeover bid which marks yet another global acquisition by a Philippine company......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Wage hikes to cut jobs — businessmen

Raising wages further would lead to job losses, while suspending the Tax Reform for Acceleration and Inclusion (TRAIN) Law would not address inflation, said foreign business leaders......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Tourism stakeholders urge better targets reporting

Private sector stakeholders are hoping for a more organized reporting of tourism industry targets under the helm of new Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat for them to be able to respond to the needs of the industry, particularly for the generation of jobs......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News

Philippines manufacturers may benefit from US, China trade war

The Philippines could further stand to benefit from the ongoing trade war between two of the world’s largest economies, this time as a production site for affected manufacturers......»»

Source: Philstar PhilstarCategory: FinanceJun 17th, 2018Related News