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Wednesday, July 3, 2024

Business

Tesla auto deliveries beat expectations in second quarter

Electric carmaker Tesla saw its shares surge on Tuesday after reporting auto deliveries that beat analyst estimates, while General Motors logged slower second-quarter US sales. Tesla said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet and sending its share price up around 9.0 percent. But deliveries were still 4.7 percent down from a year ago. Of the total figure, 422,405 involved Model 3 and...

CONCEPCION INDUSTRIAL CORPORATION: NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING

CONCEPCION INDUSTRIAL CORPORATION (formerly Concepcion Airconditioning Corporation) NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING TO: ALL...

The Three Pillars of Central Banking through the years

The First Pillar: Price Stability The approach to price stability in the Philippines...

Enhancing financial access and protection

The Bangko Sentral ng Pilipinas (BSP) has launched several important initiatives to...

LATEST Business

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PNB income rose 12 times to P31.7b on swap deals

Philippine National Bank said Wednesday consolidated net income amounted to P31.7 billion in 2021, or 12 times higher than the bottom line in 2020,...

ATI bares over P5b in capital spending to modernize ports

Asian Terminals Inc. said Wednesday it will spend more than P5 billion in capital expenditures this year on the upgrade of major port gateways...

Manila Water spent record P13.7b in 2021 to upgrade franchise area

Manila Water Company Inc., a unit of the Ayala Group, said Wednesday capital expenditures hit a record P13.7 billion in 2021, 28 percent higher...

Bank of Commerce raises IT spending to speed up growth

Bank of Commerce, an affiliate of San Miguel Corp., is increasing investments in information technology and digital infrastructure to accelerate growth post-pandemic. The bank said...

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