Ritchelle Ann De Castro

Ritchelle Ann De Castro

The Latest

  • Indonesian Investigators The First To Find Out Design Flaw In 737 MAX Plane
    Something Off With The Design Of The Controversial 737 MAX Boeing Plane
    Finally, design and oversight lapses were discovered by Indonesian authorities as the culprits behind the October 2018 crash of the 737 MAX.
  • SoftBank’s Patience Got Tested And Wants WeWork’s CEO To Step Down
    Adam Neumann steps down
    Though “humbled” by WeWork’s IPO delay, CEO Neumann didn’t attend recent gathering organized by SoftBank.
  • How AI Is Reshaping The Economy And The Way The Chinese Pays
    Alibaba and Tencent Responsible For China's $25.1 Trillion Mobile Payments
    Alibaba and Tencent have made cash old by automatically combining insurance cards, facial authentication and smartphone payments possible in a flash.
  • Deutsche Bank Bad Assets Were Bought By Barclays, Goldman and Morgan Stanley
    Deutsche Bank Adds Assets For Sale In Its Bad Bank
    The assets in the capital release unit are realistically going to get bought to fund writedowns of longer-term hard-to-get-rid-of assets.
  • Bank Indonesia And Its Macroprudential Measures For Economic Growth To Make Everybody Happy
    Indonesia Confidently Cuts Its Key Interest Rates For Three Straight Months
    Indonesia’s move in bolstering growth during today’s global economic slowdown is lowering interest rate at 5.25 percent.
  • Argentine Ranchers Want More Cut Than The 129% Increase In Beef Sales They Had In China
    China Diversifies Its Protein Source With Argentine Beef
    With the opening up to more beef, Argentina hopes more to come as they become mainland’s top beef exporter.
  • China’s Feared Social Credit Rating Designed To Create Better Corporate Citizens
    Beijing's Social Credit Rating For Companies Confirmed Launching In 2020
    Thirty-three million firms will get rated in China’s corporate social credit rating system to facilitate government supervision if needed.
  • Warren Buffett-Backed Company’s $1.2 Billion Write-Down And Investor Dumping A Chunk Of Its Shares
    American Food Company Kraft Heinz’ Second Largest Investor Sells Its 25 Million Shares
    Level of decline in the first half is unacceptable to CEO intent on setting strategic priorities and changing trajectory of Kraft.
  • Further Skepticism From Authorities On Cryptocurrencies
    European Central Bank Board Member Warns Of Facebook's Stablecoin Risks
    Digital currencies give rise to a number of serious risks related to public policy priorities needing high regulatory approval.
  • Hong Kong IPOs Buzzing With Companies Collectively Aiming For More Than $10 Billion
    Companies Coming Back To Hong Kong's Financial Markets With Billion Dollar Listings
    Resurgence of Hong Kong IPO is a good consolation after the $36.6 bilion bid for London Stock Exchange Group Plc garnered skepticism.
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