November 2020

JPMorgan warns of potential fine over ‘historical deficiencies’ in internal controls

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Explainer: Ant juggernaut jackknifes on $37 billion road to market

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Poland needs calm to discuss disputed abortion ruling: government

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Myanmar army chief accuses government of ‘unacceptable mistakes’ ahead of election

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Brazil’s Bolsonaro, a Trump fan, urged to refrain from hasty U.S. election comment

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Ending England’s lockdown in December is realistic, says medical chief

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Malawi says it will open Israel embassy in Jerusalem

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Brazil’s Bolsonaro, a Trump fan, urged to refrain from hasty U.S. election comment

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China slams the brakes on Ant Group’s $37 billion listing

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European stocks hit one-week high as investors await U.S. election outcome

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Austrian police arrest 14 in dragnet after gunman kills four on rampage

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Wall Street jumps as Americans head to polls

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China’s Xi warns of rising risks as party charts course for five years

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Thomson Reuters revenue rise, cash flow outlook lift shares

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Terrorism threat level in Britain raised to ‘severe’

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McKesson says states seek $21 billion from drug distributors in opioid settlement

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#SavePornhub: Thailand’s online porn ban prompts backlash

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Infrastructure spending down in Nov.

Infrastructure spending dropped for the fifth straight month in November amid the pandemic. — PHILIPPINE STAR/MICHAEL VARCAS By Beatrice M. Laforga, Reporter STATE SPENDING on infrastructure dropped for the fifth straight month in November as lockdown restrictions continued to hamper construction work. At

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Bicameral panel approves stricter ‘dirty money’ rules

By Charmaine A. Tadalan, Reporter THE BICAMERAL Conference Committee on Tuesday approved the bill strengthening the anti-money laundering law, although a key amendment pushed by Malacañang was not included in the final version. The panel on Tuesday reconciled House Bill No. 7904

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Bill proposing paid pandemic leave hurdles committee level

The Health department on Tuesday reported 1,357 new coronavirus disease 2019 infections, bringing the total to 504,084. — PHILIPPINE STAR/MICHAEL VARCAS THE HOUSE Committee on Labor and Employment approved in principle the bill that will grant paid leave to workers who

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PLDT, Smart report more than 70% improvement in download speeds

PLDT, Inc. said its fixed broadband download speeds have improved by 78% in 2020 after expansions and upgrades amid a pandemic crisis. Its wireless arm, Smart Communications, Inc., also saw its mobile download speeds improve by 71%. “As of  2020, PLDT’s average

Annual capacity of ICTSI’s MICT rises to 3.3 million TEUs after expansion

LISTED port operator International Container Terminal Services, Inc. (ICTSI) on Tuesday said it had completed a berth expansion project at the Manila International Container Terminal (MICT), raising the terminal’s annual capacity by 10% to 3.3 million TEUs (twenty-foot equivalent units). ICTSI

Cemex invests $235M in new cement line

CEMEX Holdings Philippines, Inc. has positioned its large heating device as it builds the cement production line that would add 1.5 million metric tons of cement to the firm’s annual capacity. The company in a statement on Tuesday said it invested

Shell’s solar farm now powers its Batangas import facility

PILIPINAS SHELL Petroleum Corp.’s solar farm in Tabangao, Batangas has been supplying power to the listed oil company’s import terminal since December, its top executive said on Monday. In a virtual event with reporters, Pilipinas Shell President and Chief Executive Officer

FEU income rises nearly 28% as operating costs fall

WWW.FACEBOOK.COM/PG/FAREASTERNUNIVERSITY FAR EASTERN University, Inc. (FEU) posted a 27.8% increase in net income attributable to parent company equity holders to P589.33 million for its end-November quarter due to higher revenues and lower operating expenses. In a regulatory filing, FEU reported a 6.8%

BP’s Galvanized House: Melding dance with architecture