Ritchelle Ann De Castro

Ritchelle Ann De Castro

The Latest

  • World’s Largest Money Manager Seeks Help To Strengthen China Foothold
    US Money Manager BlackRock Taps China’s Tencent
    With the aim of being a major player in China’s $1.8 trillion domestic mutual-fund industry, BlackRock considers Chinese partners.
  • Huawei Setting Up Friendly Cities With Its Technology
    China's Drones Go To Serbia Upon Purchase
    With no sign yet of Serbia’s entry in the European Union happening soon, once it has, China gains advantage.
  • Money Over Safety Rules Says Boeing Engineer
    Boeing's Culture Stifled Learning From Crashes
    A Boeing employee, who contributed to the grounded 737 MAX’ development, disclosed company culture that stifled learning from crashes.
  • US Firms’ Latest Troubles In IPOs Make Direct Listing Preferable
    Wall Street Now Starting To Depend On Chinese Unicorns
    After the head-splitting experience of WeWork in launching its IPO, companies now prefer direct listing, spelling trouble for Wall Street.
  • Lack Of Innovation And Appreciated Won Caused Korea’s Auto Slump
    Korea's Auto Industry In Decline To Below Four Million A Year
    The high value of won and labor costs resulted to nothing left for vehicle development causing Korea’s auto slump.
  • Ford Forges Alliance And Hands Over The Keys To Its Operations
    Ford Joint Venture In India Designed To Reduce Costs
    Pressure from shareholders forced Ford to seek partnership in its bid to save $11 billion over the next few years.
  • Canceled With No Time Frame For Initial Public Offering Of WeWork
    Expected $47 Billion To Below $20 Billion Valuation For WeWork
    SoftBank’s not-so-good experience with WeWork isn’t over with the drop-off of its valuation happening from $47bn to $24bn.
  • Many Japanese Companies Continue Business With Huawei
    Despite US Ban Japan Can't Say No To Huawei's $6 Billion
    With more than $6 billion a year that Huawei brings to Japan’s economy, companies keep business despite US ban.
  • Budweiser Brewer Now One Of The Richly Valued Regional Beer Companies
    Budweiser Asia Now Holds World's Second-Largest IPO Debut
    Anheuser-Busch InBev’s Asia unit is world’s second largest IPO upon its debut in Hong Kong Stock Exchange.
  • Boeing’s Maneuvering Characteristics Augmentation System Caused Crashes
    Safeguards Preventing Misfires Missing In Boeing's Two Fatal Crashes
    The earlier Boeing planes had a military version of features that prevent the misfires that caused two 737 MAX crashes.
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