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Robbers loot Samsung plant in Brazil

Samsung

Thieves raided a Samsung electronics factory in Brazil during the night shift early Monday, subdued workers and guards, and made off with about $36 million worth of cellphones and computers.

Posted: July 8th, 2014 in Latest Business Stories | Read More »

Tawdry tale of wine, fraud and spying grips Switzerland

Switzerland-map

A bizarre scandal is swirling around one of Switzerland’s leading wine producers after he was arrested last week along with a computer hacker, a detective and a spy.

Posted: June 16th, 2014 in Latest Business Stories | Read More »

DOJ approves estafa case vs Sobrepreña over CJHDevCo.’s unpaid arrears, rentals

By
Camp John Hay Development Corp. (CJHDevCo) chairman and CEO Robert John L. Sobrepeña. INQUIRER FILE PHOTO

State-run Bases Conversion and Development Authority has scored a crucial victory after the Department of Justice indicted businessman Robert John L. Sobrepeña in the P1.15-billion estafa case filed by the government agency.

Posted: June 11th, 2014 in Latest Business Stories | Read More »

Ex-distributor of Red Bull, call center firm face tax violation raps

By
SCREENGRAB from www.epacificglobal.com

The government has sued the controversial former distributor of Red Bull energy drinks in the Philippines after the firm ignored several demands to settle its deficiencies with the Bureau of Internal Revenue (BIR).

Posted: June 5th, 2014 in Latest Business Stories | Read More »

Swiss bank guilty on US felony charge, fined $2.6B

People walk by Swiss bank Credit Suisse headquarters in New York, May 19, 2014.  Credit Suisse, Switzerland’s second-largest bank,  is poised later today to announce a landmark tax-evasion settlement with US authorities, paying about 2.5 billion USD and pleading guilty to US criminal charges, according to briefings. AFP

Credit Suisse admitted guilt and was fined $2.6 billion Monday for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on US criminal charges.

Posted: May 20th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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  • Business

  • PPP program: Of 54 deals, 7 awarded; 20 more at P900B
  • Asian shares extend gains on Wall St. rally
  • PSEi rises on Wall Street gains
  • Lucio Co buying 38% of PBCom for P5.97 billion
  • HIV pills show more promise to prevent infection
  • Technology

  • Home Stand game cancellation triggers online fury
  • Google made failed bid for Spotify—report
  • US agency goes off topic, tweets about Kim Kardashian
  • Britain’s Prince Harry voices hatred of Twitter
  • Tips for effective e-mail marketing
  • Opinion

  • Editorial cartoon, July 24, 2014
  • The disappointed
  • Mad about the DAP
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  • ‘Raining humans’
  • Global Nation

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