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Thursday, July 25, 2024

Corporate

Tesla reports profit drop on price cuts, lower vehicle sales

New York, United States - Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on artificial intelligence and other technology. Elon Musk's electric vehicle company reported profits of $1.5 billion, down 45 percent, on revenues of $25.5 billion, which were up two percent behind an increase in its energy generation and storage business. Tesla's earnings per share missed analyst expectations, while revenues...

Shang Properties set to build tallest QC tower

High-end property developer Shang Properties Inc. (SPI) on Tuesday unveiled plans to...

ABS-CBN’s YouTube shows post 85% rise in watch time

ABS-CBN Corp. said Tuesday its digital footprint continues to expand as more...

BALAI NI FRUITAS INC.: 2024 Annual Stockholders’ Meeting

Please take notice that the 2024 Annual Stockholders’ Meeting (“ASM”) of Balai...

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Vista Land plans to issue at least $300-m notes

Property developer Vista Land & Lifescapes Inc. is reviving its plan to raise at least $300 million from the issuance of US dollar-denominated notes. Vista...

A Brown sees robust growth of housing, power businesses

Mindanao-based listed firm A Brown Company Inc. (ABC) said it expects robust growth ahead with expansion of its residential and power projects. ABCI said in...

BALAI NI FRUITAS INC.: 2024 Annual Stockholders’ Meeting

Please take notice that the 2024 Annual Stockholders’ Meeting (“ASM”) of Balai Ni Fruitas Inc. (the “Company”) will be held on 13 August 2024...

Philippine Seven eyes 4,000 stores by end-2024

Philippine Seven Corp., (PSC), the local franchise holder of global convenience store chain 7-Eleven, expects to end the year with 4,000 stores nationwide as...

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