Business

[ad_1] NEW YORK – Nike appears to have rebounded from its pandemic slide, posting a solid quarterly profit driven by soaring online sales of its sneakers and sportswear. The world’s largest sportswear maker on Tuesday reported a net profit of $ 1.5 billion in profit, or 95 cents a share, …

[ad_1] The Department of Tourism (DOT) is looking to reopen most major tourist destinations before the end of the year. In an interview on ANC News on Wednesday, Tourism Secretary Bernadette Romulo Puyat said: “Hopefully, all tourist destinations under a modified GCQ [general community quarantine] will be open to [tourists] …

[ad_1] The editorial boards of the China Daily and the Global Times, both State Posts: This week you criticized a deal that would give American companies at least some ownership in the short-form video app. TikTok’s parent company ByteDance is based in Beijing. “What the United States has done to …

[ad_1] Secretary of Labor Silvestre Bello III. File photo of the INQUIRER / GRIG C. MONTEGRANDE MANILA, Philippines – Labor Secretary Silvestre Bello III on Wednesday dismissed fears raised by “doomsayers” that 200,000 Filipinos could lose their jobs if the business advantages enjoyed by the Philippines were revoked as requested …

[ad_1] Metro Manila (CNN Philippines, September 23) – Experts warned on Wednesday of frequent flooding and soft soil at the site chosen for the planned international airport in Bulacan. Phivolcs Director and Undersecretary Renato Solidum said that the chosen location of the New Manila International Airport faces several geographical dangers. …

[ad_1] MANILA, Philippines – Several senators endorsed the franchise offer of a subsidiary of San Miguel Corporation (SMC) that will allow them to build and operate a national and international airport in Bulacan. At the Senate public services committee hearing, the leader of the Senate majority chamber, Juan Miguel “Migz” …

[ad_1] Investors expected two major announcements on Elon Musk’s much-touted “Battery Day”: the development of a “one million mile” battery valid for 10 years or more, and a specific cost reduction target, expressed in dollars per kilowatt-hour, which will ultimately lower the price of an electric vehicle below that of …

[ad_1] Investors slashed $ 50 billion (roughly Rs. 3.67,734 crore) from Tesla’s market value on Tuesday despite CEO Elon Musk’s promise to cut electric vehicle costs so radically than a car of $ 25,000 (roughly Rs. 18.4 lakhs) driving will only be possible, but not for at least three years. …

[ad_1] Rather than prepare for the Black Friday door robbers and frenzy in store purchases before Christmas, many retailers and shipping companies are beginning to hire staff in anticipation of a deluge of online ordering and curbside pickups. Walmart (WMT), which has already hired more than 500,000 workers in stores …

[ad_1] The Philippine Travel Agency Association (PTAA) wants to boost the operations of travel agencies, which the association expects to slowly resume operations in the coming months, formalizing an agreement with its Korean counterpart. In his presentation during the Korea Tourism Organization’s travel webinar, PTAA President Ritchie Tuaño said they …