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Shareholders of $1 Billion PhilTower Are Said to Explore Sale

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Shareholders of PhilTower are considering selling the company, one of the biggest telecommunications tower firms in the Philippines, and seeking a valuation of at least $1 billion, people familiar with the matter said.



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Funding & Business

Coffee Trades Near Record on Renewed Concern Over Brazilian Crop

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Coffee futures traded above $4 a pound amid renewed concerns that a possible La Niña could prolong dry weather in top grower Brazil, potentially threatening crops.



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Funding & Business

Santander’s Openbank Launches Crypto Trading For Retail Clients

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Banco Santander SA’s online bank Openbank has started offering retail cryptocurrency trading, marking the latest push by a large European financial institution into the asset class.



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Funding & Business

Oil Tankers Charging $87,000 a Day Signal Supply Is on the Rise

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The cost of hiring massive vessels to move crude cargoes is at the highest since 2023.



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