As Manila is flooded due to nonstop rains brought by the monsoon weather, large and small-scale businesses are left to deal with its aftermath.
Industry
Facebook unveils new project
Facebook Inc unveiled new project, Internet.org to provide online access to more people around the world.
Vietnam government might ban chat applications
Vietnam announced plan to ban free chat applications to protect network providers in the country. The Vietnam government proposed a possible prohibition of free Internet chat applications.
Everbright shares slump 10% after penalty risks
Everbright Securities Co. faced a three month restriction on joining any property trading after it erroneously priced government bonds worth CNY10 million.
Cairn Energy assures exploration in Africa and Ireland have more chances of success
Cairn Energy said its planned explorations in Northwest Africa and Ireland yielded up to 25% chance of success compared to its exploratory project in Greenland.
Latest News
Bayer Healthcare said it received approval to market its cancer treatment Stivarga in Japan. Bayer Healthcare announced it had received regulatory approval to market its cancer drug Stivarga in Japan.
Fiat announced the renewal of its cooperation agreement with Brazilian bank Itau Unibanco. Fiat (acronym for Fabbrica Italiana Automobili Torino) renewed its commercial cooperation agreement with Itau Unibanco.
With the first official Royal Family photos out, industry observers believed that the arrival and continuous media exposure of Prince George Alexander Louis of Cambridge will help boost the UK economy, especially small and medium-sized enterprises (SMEs).
Private equity firms in China scrutinized on competency for international ventures. China's private equity firms are catching the attention of the financial industry.
The US Federal Reserve conducted a study and saw 18 of the largest banks in the country to be weak in one capital area.
On Monday, the 2nd US Circuit Court of Appeals in New York announced that investors may revive a lawsuit against Barclays PLC.
Increased volume of agricultural production propped up Russia's slow growing economy. Russia's economy exhibited indications of development in July, based on new figures released by the state statistics service.
Chinese drilling services Sino Australia Oil & Gas Ltd. cites 'Market Volatility' in Asia for delayed Initial Public Offering.
The United States asked Japan to give foreign companies more access to its auto and insurance markets.
