India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.
Sectors
ALECO's only bidder is San Miguel Energy Corp, Aboitiz Energy and Manila Electric backs out
A unit of San Miguel Corp remained the only bidder for ALECO after Aboitiz Energy and Manila Electric backed out.
Japan's Brother invests in the Philippines
Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines. Brother Industries, a printer maker based in Japan, opened a new manufacturing facility in the First Philippine Industrial Park in Batangas.
California's "bottle the sunlight" initiative attracts venture capitalists
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
Mexico to reform laws to allow private concessions on its energy sources
Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.
Latest News
UN General Assembly President Vuk Jeremic lauded the strong growth posted by the Chinese economy. Vuk Jeremic, the President of the United National General Assembly, told Chinese media that the world's second largest economy was among those that posted the strongest growth globally.
Xinhua reported that French drugmaker Sanofi had become the focus of bribery investigations by Chinese authorities.
Private equity executives and analysts said taking BlackBerry private would make sense but it is not a quick fix for the company’s problems.
Apple Inc won an order versus Samsung that would prohibit the South Korean company from importing, selling and distributing its devices in the US.
Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.
French President Francois Hollande said he would continue to stimulate the jobs market to chip down the soaring unemployment numbers in the country.
According to analysts, banks are shifting to cloud computing since it could deliver innovation and cost cutback in banking.
A Swiss shop clerk told Oprah Winfrey that a crocodile handbag worth US$38,000 was "too expensive" for her which sparked racist slur.
A private survey revealed that China's PMI for the services sector showed signs of growth. The HSBC/Markit Purchasing Managers' Index (PMI) survey for the services sector in China showed signs of improvement.
