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Middle East tensions push up Treasury bond yield

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Brazil auctions off several Amazon oil sites despite protests

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US stocks drop on growing worries over Middle East

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Biz groups cheer right of way, foreign lease reforms

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Gov’t orders DOE to ensure sufficient oil supply

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Industries

Brazil auctions off several Amazon oil sites despite protests

BRASILANDIA, Brazil — Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday. It aims to expand production in untapped regions despite protests from...

Finance

World Bank lifts ban on nuclear energy financing

WASHINGTON, United States — The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting...

Consumer & Retail

1M power banks recalled in US as some consumers report fires

NEW YORK, United States — More than 1.15 million power banks are under recall across the U.S. after some fires and explosions were reported by…

Columns

Tourism & Transportation

Transportation chief planning Quezon Avenue-España busway

MANILA, Philippines — The Department of Transportation (DOTr) wants to establish a dedicated bus lane linking Quezon Avenue and España, identifying this as a viable…

Foreign News

DA extends issuance of fish import permit till June

MANILA, Philippines — Tight importation schedules and supply issues prompted the Department of Agriculture (DA) to extend the issuance of fish import permits to June.…

Economy

American retail sales slide after a spring surge to beat tariffs

WASHINGTON — Retail sales fell sharply in May as consumers pulled back from a spending surge early this year. The rush was to get ahead…

Communications

US stocks drop on growing worries over Middle East

NEW YORK, United States — US stocks fell Tuesday after President Donald Trump hardened his rhetoric on the fighting between Iran and Israel. The conflict…

Industry Movements

Fintech firm Salmon raises $88 million in fresh capital

MANILA, Philippines — Financial technology firm Salmon said on Tuesday it had raised $88 million in fresh capital to help strengthen its consumer lending business.…

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