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Philippine Customs Sells Seized Luxury Vehicles for P102M
Businessinquirerjust now

Philippine Customs Sells Seized Luxury Vehicles for P102M

The Philippine Bureau of Customs has collected over P80.3 million from the sale of five seized luxury vehicles, including four owned by private contractors Pacifico “Curlee” Discaya II and his wife, Sarah. The total revenue from these sales reached P102 million.

Businesspunch-ng34m ago

NDPHC to Supply 10MW Electricity to Odukpani Oil Park

The Nigerian National Integrated Power Project (NDPHC) is set to provide 10 megawatts of dedicated electricity to the Nigerian Oil and Gas Park in Odukpani, aiming to boost industrial operations and local content development.

Businesspunch-ng44m ago

Fire Guts Business Plaza in Kano, Nigeria

A fire outbreak early Wednesday razed a business plaza on Airport Road in Kano, Nigeria, destroying two hospital equipment shops. The cause of the fire is currently under investigation.

Businesspunch-ng55m ago

The Future of NNPC and Nigeria's Oil Industry

An analysis explores the future of the Nigerian National Petroleum Corporation (NNPC), noting that despite the Petroleum Industry Act, structural flaws and political interference continue to hinder its progress.

Bangkok's First CBD Hawker Centre Deemed a Success
BusinessBangkok Post2h ago

Bangkok's First CBD Hawker Centre Deemed a Success

The newly opened Lumpini Hawker Centre in Bangkok's central business district has been successful, providing legitimate business spaces for downtown food vendors and offering the city more control over its renowned street food culture.

World Cup Preparations Underway Amid Economic and Player News
Businesswsjtagesschauindex-hr+8observadorYahooluxemburger-wortcyprus-mailklix-bachannel-news-asiabalkan-webactualite-cd3h ago11 sources

World Cup Preparations Underway Amid Economic and Player News

As the World Cup countdown continues, preparations are underway, marked by discussions over high ticket prices and significant government allocations for security. Meanwhile, sponsor Adidas sees a market boost, and player news, including injuries and hopes for the final, dominates headlines.

Businessseeking-alpha4h ago

Alerus Financial and Viavi Solutions Exceed Earnings Estimates

Alerus Financial and Viavi Solutions both reported their latest financial results, with each company surpassing analyst expectations for both earnings per share and revenue. These positive reports indicate stronger-than-anticipated performance for both firms.

Businessseeking-alpha22m ago

Extreme Networks Forecasts Q4 Revenue and EPS

Extreme Networks provided its financial outlook for the fourth quarter, projecting revenue between $330 million and $335 million and earnings per share (EPS) of $0.28 to $0.30, while also indicating supply stability through fiscal year 2027.

Saudi Arabia to End Funding for LIV Golf League
BusinessFox Newscnbchelsingin-sanomat+6berlingskeglobe-and-maille-figaroforbesYahoojapan-times26m ago9 sources

Saudi Arabia to End Funding for LIV Golf League

Reports indicate that Saudi Arabia's Public Investment Fund (PIF) will cease its financial backing of the LIV Golf league, with some sources suggesting the funding will conclude after the 2026 season. This move could significantly impact the future of the PGA Tour rival.

Samsung Electronics Posts Record Q1 Profit on Chip Rebound
BusinesscnbcKorea Heraldchannel-news-asia50m ago3 sources

Samsung Electronics Posts Record Q1 Profit on Chip Rebound

Samsung Electronics announced a record-breaking profit for the first quarter, with earnings surging over eight-fold and beating estimates. This significant growth was attributed to a strong rebound in the memory chip market and robust demand fueled by the AI boom.

Uber Adds Hotel Bookings Through New Expedia Partnership
BusinessAPbloombergNYT+9FTcnbcle-figaroBusiness Insiderklix-bachannel-news-asianewsbeastseeking-alpha+1 more1h ago12 sources

Uber Adds Hotel Bookings Through New Expedia Partnership

Uber has expanded its services to include hotel bookings directly within its app, partnering with Expedia. This move is part of the company's broader strategy to transform its platform into an "everything app" offering a wider range of services.

Businesspunch-ng5h ago

NDDC Launches Digital Procurement System

The Niger Delta Development Commission (NDDC) has introduced a new digital procurement system aimed at improving transparency, efficiency, and combating corruption for stakeholders in the Niger Delta.

Real Madrid in Talks with Club Legend for Sporting Role
BusinessYahoojutarnji-list6h ago2 sources

Real Madrid in Talks with Club Legend for Sporting Role

Real Madrid is reportedly in discussions with a former club legend regarding a potential position within the team's sporting structure. This move could see a significant figure from the club's history return to the Bernabeu.

Irish Government Announces New Fuel Supports After Protests
BusinessBBCrte-newsmyjoyonline7h ago3 sources

Irish Government Announces New Fuel Supports After Protests

The Irish government has announced further fuel support measures in response to recent protests over rising costs. This decision aims to alleviate financial pressure on citizens, though some reports also touch on the slow progress of EV bus initiatives.

Iran Faces Deepening Economic Collapse
Businessjerusalem-post7h ago

Iran Faces Deepening Economic Collapse

Iran is experiencing a severe economic downturn, with its currency losing significant value and citizens struggling financially despite outward appearances of calm.

Businessseeking-alpha23m ago

TTM Technologies Projects Q2 2026 Revenue and Raises Capex

TTM Technologies announced its revenue projections for the second quarter of 2026, expecting figures between $930 million and $970 million, and simultaneously increased its capital expenditure forecast for 2026 to $300 million-$320 million.

Businessseeking-alpha52m ago

CTS Corporation Provides 2026 Financial Guidance

CTS Corporation announced its financial guidance for 2026, projecting sales between $560 million and $580 million and adjusted earnings per share of $2.35 to $2.45, driven by growth in diversified markets.

Elon Musk Testifies in OpenAI Lawsuit, Accuses Company of Betrayal
BusinessAPReutersBBC+23NYTFTThe GuardianNPRAl Jazeerasvenska-dagbladetrzeczpospolitamarketwatch+15 more1h ago26 sources

Elon Musk Testifies in OpenAI Lawsuit, Accuses Company of Betrayal

Elon Musk testified in his lawsuit against OpenAI, accusing the company and its CEO Sam Altman of betraying its original nonprofit mission. During his testimony, Musk stated he "was a fool" for providing early funding to the AI firm.

Millions of UK Households Skipping Meals Amid Cost Crisis
BusinessThe Independent2h ago

Millions of UK Households Skipping Meals Amid Cost Crisis

Reports indicate that millions of households across the United Kingdom are being forced to skip meals due to the ongoing cost of living crisis. This situation has prompted calls for urgent government action to address food insecurity.

February 6 Oil Spill Continues to Impact Gulf Coast
Businessel-universal-englishMexico News2h ago2 sources

February 6 Oil Spill Continues to Impact Gulf Coast

An oil spill that occurred on February 6th is still causing significant environmental damage to Gulf coast beaches and marine life. The ongoing impact highlights the long-term consequences of such incidents.

UAE to Exit OPEC
BusinessNYT2h ago

UAE to Exit OPEC

The United Arab Emirates is set to leave OPEC in May, with the war with Iran providing an opportune moment for the UAE to pursue an independent oil policy.

Multiple Companies Announce Quarterly Financial Results
BusinessYahoola-vanguardiaseeking-alpha3h ago3 sources

Multiple Companies Announce Quarterly Financial Results

Several companies, including Pilgrim's Pride, First Interstate Banc, and Alkami Technology, have released their latest financial results, with some reporting GAAP EPS and revenue figures, while others provided Q1 2026 earnings previews.