Finance

US imposes 25% tariffs on UK steel imports

President Trump’s 25% tariffs on steel and steel derivative products have come into force today, delivering a significant blow to British steelmakers and...

Meralco hikes rates for households this March

TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) can expect higher electricity bills this month as the power distributor is set...

Boohoo to rebrand as Debenhams group in new marketplace drive

Boohoo is set to be renamed as Debenhams Group, marking a pivotal step in new chief executive Dan Finley’s plans to revive the...

Banks’ nonperforming loan ratio up in January

PHILIPPINE BANKS’ asset quality worsened as the industry’s gross nonperforming loan (NPL) ratio rose in January, according to data from the Bangko Sentral...

Elon Musk blames ‘massive’ cyberattack for X outage

Elon Musk has claimed that his social media platform X (formerly Twitter) came under a “massive cyberattack” on Monday, leaving it inaccessible for...

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