Information technology solutions provider DFNN Inc. has obtained a crucial court injunction order restraining the state-owned Philippine Charity Sweepstakes Office from awarding any new wireless lotto betting contract with other vendors.

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(UPDATE) LOCAL stocks dipped on Monday as the equities market fell into the usual doldrums ahead of the long Lenten break, dealers said.

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Investment holding firm MJCI Investments Corp. (MII) has entered into a partnership deal with the state-owned Philippine Amusement and Gaming Corp

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Major oil player Pilipinas Shell has announced that it will roll back oil prices effective midnight Tuesday, an official said on Monday.

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Local flour millers have asked the government to investigate the dumping of cheap flour from Turkey, some of which they claimed had been “technically smuggled” into the country.

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LONDON–British Airways (BA) cabin crew on Saturday began a three-day strike which will force the cancellation of hundreds of flights, but the airline said many of its passengers were able to travel.

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BEIJING–Chinese media unleashed a torrent of criticism against Google on Saturday after reports it would leave the country, with state news agency Xinhua alleging the company was linked to US intelligence.

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ATHENS—Greece is enacting tough reforms after coming “one step from being unable to borrow”, Prime Minister George Papandreou said Friday as his debt-hit government pressed for EU political support.

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NEW YORK – US stocks fell Friday, snapping the Dow’s eight-session rally, amid monetary tightening concerns following India’s surprise rate hike.

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(UPDATE) Local stocks trimmed their early week’s gains Friday as investors turned cautious with the market now nearing the year’s highs.

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The Securities and Exchange Commission has approved an initial public offering planned by budget carrier Cebu Pacific Air worth as much as P25.7 billion.

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Majority of private business leaders in the Philippines reported higher stress levels over the last year but they were a bit better off than most of overseas peers as the local stress barometer fell below global average for the first time in four years, based on the Grant Thornton International Business Report 2010.

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Financial conglomerate ATR KimEng Financial Corp. (ATRKE Financial) has sold its remaining minority stake in a Nasdaq-listed holding company that owns Mission National Bank of San Francisco, California.

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Local stocks trimmed its early week’s gains on Friday as investors turned cautious with the market now nearing the year’s highs.

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Oil prices slumped Thursday as investors locked in profits against the backdrop of a strengthening dollar, which discourages buying of the commodity.

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US stocks ended mixed Thursday as fresh jobs and inflation data came nearly within expectations, underscoring a fragile economic recovery.

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After taking over a majority stake in New Zealand’s second largest smoked salmon processor Prime Foods NZ Ltd., canned fish exporter Alliance Tuna International Inc. has set up a new venture to likewise process and export smoked salmon from the Philippines.

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Oil fell further in Asian trade Friday as a strong US dollar dampened investor appetite for crude futures, analysts said.

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The country’s banking sector posted a respectable increase in resources in 2009, when the world saw the height of the latest global economic turmoil, prompting regulators to reiterate that operations of banks in the country are generally sustainable.

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Property tycoon Andrew Tan’s Megaworld Corp. plans to invest around P22 billion in the 34.5-hectare JUSMAG property in Fort Bonifacio after officially bagging a joint venture deal with the government.

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HONG KONG – Asian stocks were mixed on Thursday as lingering positive sentiment from rate moves by the Japanese and US central banks was balanced by profit-taking.

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SYDNEY, Australia—General Motors’ Australian subsidiary GM Holden on Thursday recalled 9,000 Cruze sedans over a faulty fuel hose, after a raft of damaging glitches hit Japan’s Toyota and Honda.

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Local stocks extended their gains for the fourth straight day to climb back to the crucial 3,100 level on Thursday, tracking a firm trading in Wall Street.

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Local oil companies hiked prices of gasoline by P0.50 a liter this week, their third price increase this month.

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Local oil companies hiked prices of gasoline by P0.50 a liter this week, their third price increase this month.

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NEW YORK—Oil prices climbed sharply Wednesday after OPEC, the cartel that produces 40 percent of world crude, held current output quotas unchanged despite a recent run-up in prices.

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NEW YORK—US stocks posted modest gains Wednesday after a tame inflation report eased fears of interest rate hikes a day after the Federal Reserve issued a slightly better economic outlook.

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The dollar eased against the yen in Asian trade Thursday as investors took a breather after the US and Japanese central banks decided to keep interest rates low for now.

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The dollar eased against the yen in Asian trade Thursday as investors took a breather after the US and Japanese central banks decided to keep interest rates low for now.

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SINGAPORE—Oil fell in Asian trade Thursday, erasing overnight gains in reaction to Opec’s decision to keep output targets unchanged, analysts said.

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SINGAPORE—Oil fell in Asian trade Thursday, erasing overnight gains in reaction to Opec’s decision to keep output targets unchanged, analysts said.

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This post is part of Mashable’s Spark of Genius series, which highlights a unique feature of startups. If you would like to have your startup considered for inclusion, please see the details here . The series is made possible by Microsoft BizSpark

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Infrastructure holding firm Metro Pacific Investments Corp., Ayala Corp. and the Lopezes’ First Gen Corp. forged a formidable three-way alliance to bid for the 246-megawatt Angat hydroelectric power plant.

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The country registered a deficit in its balance of payments in February, as the national government’s move to pay debts denominated in foreign currencies forced the outflow of foreign exchange to exceed the inflows.

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Far Eastern University Inc., a leading private non-sectarian university in the country, has earmarked P1 billion for further expansion.

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The peso bounced back Wednesday after a modest depreciation in the two previous days in what traders attribute to improving risk appetite amid a generally optimistic outlook for Asian markets.

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Ayala Corp. plans to raise up to P10 billion from the retail offering of P7-year denominated bonds, taking advantage of the ample liquidity in the domestic financial system.

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(UPDATE) Local stocks crept up for the third straight day on Wednesday, drawing fresh optimism from Wall Street after the US Federal Reserve Open Market Committee vowed to keep interest rates at record-low levels for an extended period of time.

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Major oil player Chevron Phil. announced on Tuesday that it would increase the prices of all its products effective Wednesday.

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CHICAGO—Honda has recalled some 412,000 vehicles in the United States because customers complained their brakes felt “soft,” the Japanese automaker said Tuesday.

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