Business

[ad_1] People walk into a GameStop store during the “Black Friday” sales in Carle Place, New York on November 25, 2011. (Reuters / Shannon Stapleton / File Photo) How does a small retail business that sells video games, worth less than $ 400 million in mid-2020, turn into a $ …

[ad_1] SAN FRANCISCO, USA: A dispute between tech giants heated up Thursday when Apple’s CEO hinted that Facebook’s business model promotes disinformation and violence, while the social network prepares an antitrust lawsuit against Manzana.The lawsuit accuses Apple of abusing control of its App Store by requiring third-party app developers, such …

[ad_1] Gross domestic product (GDP) contracted 9.5% in 2020, the worst in the history of the Philippines. – PHILIPPINE STAR / MICHAEL VARCAS By Beatrice M. Laforga, Reporter THE PHILIPPINE ECONOMY hisffrecorded its worst annual contraction on record in 2020, even after gross domestic product (GDP) contracted at a slower …

[ad_1] Retail investors are also buying stock options, the right to buy or sell stocks at fixed prices without putting up cash up front. That takes your dollars much further and can drive stock price movements. LONDON – A surge in retail stock trading over the past year lit the …

[ad_1] MICROSOFT CORP. It reported Tuesday that its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow down as the global pandemic benefited the software maker’s investment in working and learning from home. The company’s shares rose 5% in extended …

[ad_1] WASHINGTON – One of the most urgent tasks facing a new president is assembling a core group of advisers to serve in the cabinet. Donald J. Trump valued negotiators and personal wealth and demanded loyalty. In doing so, he created a cabinet of white men, mostly wealthy, with limited …

[ad_1] PHILIPPINE STAR / MICHAEL VARCAS By Luz Wendy T. Noble, Reporter The Philippines is likely to see a slower pace of recovery this year, as the International Monetary Fund (IMF) and a group of United Nations (UN) experts cut their growth forecasts amid uncertainty over the launch of the …

[ad_1] THE PLANNED BOXING FIGHT between Filipino legend Manny Pacquiao and MMA superstar Conor McGregor (pictured) has come under fire after the Irishman suffered a technical knockout loss on his return to the Ultimate Fighting Championship at the weekend. – REUTERS The planned boxing match between Filipino legend Manny Pacquiao …

[ad_1] AC Energy enters into a joint venture with Solar Philippines to build solar power plants in the Philippines. MANILA – AC Energy Corp. of Ayala said on Monday it acquired a subsidiary of Solar Philippines Power Project Holdings Inc. (SP) as a way to finalize a joint venture between …

[ad_1] The usual spike in consumer spending over the Christmas holidays likely eased the economic contraction in the fourth quarter of 2020, even as bad weather that pushed prices up faster and prolonged quarantine restrictions dampened demand for goods and services. Thus, most private sector economists projected that the Philippines’ …