Fri08222014

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ALC acquires 34% of RPN9

The owner of the BusinessMirror is expanding his media assets through the acquisition of a former state-led broadcasting company, marking the foray of one of the country’s most prolific investors into the television landscape.

Read more: ALC acquires 34% of RPN9

Auto assemblers ask govt to tweak incentives hurdle

The much-anticipated automotive industry road map, which will determine future investment decisions of automakers in the country, has set a tough requirement for vehicle assemblers to qualify for incentives—minimum of 200,000 total units per model over a period of five years.

Read more: Auto assemblers ask govt to tweak incentives hurdle

U.S. Federal officials ready for faster rate increase as data improve

Improving labor markets are bringing United States Federal Reserve (the Fed) officials closer to a time when they can get back to traditional central banking, where there’s a tighter connection between changes in economic data and movements in short-term interest rates.

Read more: U.S. Federal officials ready for faster rate increase as data improve

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