Aston Martin shares slump after profit warning amid supply chain struggles
Shares in Aston Martin Lagonda have taken a nosedive following a profit warning from its new chief executive, Adrian Hallmark, who has overhauled the company’s financial outlook for 2024. The luxury carmaker’s stock dropped by 20%, reaching a two-year low of
Biden: Congress ‘may have to’ come back to approve Helene relief
Biden: Congress 'may have to' come back to approve Helene relief lead image
Weak US outlook to hit remittances
PHILSTAR FILE PHOTOBy Luisa Maria Jacinta C. Jocson, Reporter A SLOWDOWN in US consumption could hurt Philippine remittances and exports, though this is still outweighed by domestic risks, Fitch Ratings said.“Fitch expects some of the main channels of impact would
BSP and BAP set to enhance swap, GS repo markets
BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas (BSP) and Bankers Association of the Philippines (BAP) will enhance the interest rate swap market and the repurchase agreement (repo) market for government debt to improve benchmarks for a smoother yield curve.“This year,
BSP eyeing to remove fees on small transfers
THE BANGKO SENTRAL ng Pilipinas (BSP) wants to remove transaction fees for person-to-person electronic fund transfers and payments to small businesses, based on a draft circular.The central bank is eyeing to amend the Manual of Regulations for Payment Systems (MORPS)