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Business 15 Dec 2020 | 7:00 AM

Philippines war chest not enough

MANILA: The Philippines’ war chest against Covid-19 may not be enough to bankroll the huge financial support needed to recover from the pandemic-induced recession as well as resume jobs and livelihood, according to an Asian Development Bank (ADB) report.

Business 10 Dec 2020 | 7:00 AM

Tesla’s Musk relocates to Texas from California

SAN FRANCISCO: Silicon Valley billionaire Elon Musk has relocated to Texas from California as he wanted to focus more on Tesla Inc’s new electric car plant and his SpaceX venture in the Lone Star state.