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Sumitomo incurred major losses during the collapse of the Japanese asset price bubble in the 1990s. In 1993 it wrote off 100 billion yen in bad loans, and in 1994 its Nagoya branch manager was murdered in possible connection with a bad debt collection. In 1995, it posted the first net loss of a major Japanese bank in the postwar era. [24]
A comparison shopping website, sometimes called a price comparison website, price analysis tool, comparison shopping agent, shopbot, aggregator or comparison shopping engine, is a vertical search engine that shoppers use to filter and compare products based on price, features, reviews and other criteria. Most comparison shopping sites aggregate ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
Despite the Commission on Elections's (COMELEC) tight public campaign against vote buying in the Philippines, it is rampant across the country especially near the election period. It is not clear yet whether any incumbent or running politicians have ever been convicted and subsequently disqualified, since cases usually get dismissed due to lack ...
Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...
August 6, 2024 at 5:15 AM. Intel 's (NASDAQ: INTC) CEO Pat Gelsinger said he was disappointed by the chipmaker's second-quarter results -- and he wasn't the only one. The market sanctioned the ...
The United States Consumer Price Index ( CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses. For example, the CPI-U is the most popularly cited measure of ...
For the company's fiscal 2024 fourth quarter (ended June 30), Microsoft delivered revenue of $64.7 billion, up 15% year over year, resulting in diluted earnings per share (EPS) of $2.95, up 10%.