BANKS left the rediscount facility of the Bangko Sentral ng Pilipinas (BSP) untouched in May amid excess liquidity in the financial system. The BSP said on Wednesday that its peso rediscount window was untapped last month, marking the seventh straight month that the rediscount facility was not used by lenders. […]
‘Girl from Ipanema’ singer Astrud Gilberto, 83
BRAZILIAN SINGER Astrud Gilberto performing in Amsterdam, 1966 — EN.WIKIPEDIA.ORG BRASILIA -— Brazilian singer Astrud Gilberto, the voice of Bossa Nova whose soft and dreamy version of “The Girl from Ipanema” was an international success in the 1960s, has died at the age of 83, her family said. Ms. Gilberto […]
ICTSI unit at Port of Karachi offers Pakistan-Australia link
LISTED port developer and operator International Container Terminal Services, Inc. (ICTSI) said its unit operating at the Port of Karachi has tied up with a Singaporean shipping line to create a direct service between Pakistan and Australia. In a press release on Tuesday, ICTSI said its subsidiary Pakistan International Container […]
Putting out fires
NIJWAM SWARGIARY-UNSPLASH PUTTING OUT wildfires serves to teach lessons on how to handle their metaphorical counterpart in media. Forest fires like those that break out in California are doused with thousands of gallons of water, first from fire trucks and then helicopters from above. When already too widespread, fire is […]
Google’s AI to power virtual travel agent from Priceline
WANT a New York hotel near a Christmas market, a vegan restaurant, or another attraction? Look no further than artificial intelligence (AI) from Google at Priceline as early as this summer, the companies told Reuters. The online travel agency, part of Booking Holdings, aims to debut a more sophisticated chatbot […]
UK set to have highest inflation among big economies this year, OECD says
LONDON — Britain will have the highest inflation of any leading economy in 2023, according to forecasts from the Organisation for Economic Co-operation and Development (OECD) which show Prime Minister Rishi Sunak will miss his promise to halve price growth this year. Britain’s headline inflation rate was set to be […]
How PSEi member stocks performed — June 7, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, June 7, 2023.
Female entrepreneurs to add £250b to the economy with equal access to funding and support
<?xml encoding=”utf-8″ ?????????> Female entrepreneurs could add £250 billion to the UK economy with equal access to funding and right support, according to the Business and Trade Secretary and Minister for Women and Equalities, Kemi Badenoch. This comes following the Government’s publishing of the third annual Investing in Women Code (IWC) report, revealing […]
Ringover raises €20M to revolutionise sales performance and customer satisfaction
<?xml encoding=”utf-8″ ?????????> Software as a Service (SaaS) developer, Ringover, has announced the completion of a €20 million financing round. The round led by Orange Ventures and Bpifrance’s Large Venture and accompanied by historical investor Expedition Growth Capital. This new round of funding will enable Ringover to significantly step up […]
Pre-loved children’s clothing marketplace, Cress, receives six-figure cash injection to grow and expand down under
<?xml encoding=”utf-8″ ?????????> A new online marketplace, dedicated to buying and selling pre-loved clothing for children, has received an investment of £150,000 to unlock its plans for growth. Just three months since launch, Cress is expanding to create more opportunities for customers to buy and sell pre-loved, with new categories […]