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Lower oil prices loom as OPEC faces tough test

OPEC at Crossroads

These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day.

Posted: November 26th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

US stocks dip as oil pushes energy sector lower

Wall street 112514

A slump in energy prices pushed the stock market back from record levels on Tuesday.

Posted: November 26th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Government takeover of MRT eyed

MRT

An official of the Department of Transportation and Communications (DOTC) admitted to lawmakers that the government would flip and rebid the Edsa Metro Rail Transit (MRT) after buying out the current private owners of Metro Manila’s decaying transport system.

Posted: November 26th, 2014 in Latest Business Stories | Read More »

Asian stocks mixed after China-fuelled rally

A man shelters from the rain in front of an electronic stock price indicator in Tokyo, Tuesday, Nov. 25, 2014. Asian stocks mostly fell Tuesday as the boost from China's surprise interest rate cuts faded and investors awaited US economic data and an OPEC meeting.  AP PHOTO/SHIZUO KAMBAYASHI

Asian markets were mixed Tuesday after a Chinese rate cut had fueled a rally in the previous session, while Tokyo played catch-up following a long holiday weekend.

Posted: November 26th, 2014 in Latest Business Stories | Read More »

DBM releases P290.4M to disaster-hit SUCs

By
florencio-abad

The government has released P290.4 million for the rehabilitation of state universities and colleges (SUCs) whose facilities had been damaged by recent calamities.

Posted: November 25th, 2014 in Latest Business Stories | Read More »

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  • Business

  • Lower oil prices loom as OPEC faces tough test
  • US stocks dip as oil pushes energy sector lower
  • Government takeover of MRT eyed
  • Imports declined by 2.6% in Sept.
  • Biz Buzz: One step back, two steps forward
  • Technology

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  • Global Nation

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