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HOUSTON, Oct 2 (Reuters) - Venezuela's exports of crude oil and fuel declined almost 9% last month following two large power blackouts and equipment outages at state energy company PDVSA's crude upgraders, according to ship monitoring data and documents. The OPEC-member's oil output and exports have recovered somewhat from very low figures between 2020 and 2022, but a long-standing lack...

Rakesh Gangwal, a director at Southwest Airlines Co ( LUV ) , has made a significant investment in the company by acquiring 3.6 million shares, valued at over $100 million. This purchase comes amid mounting pressure from activist investor Elliott Investment Management for changes in leadership. What Happened: Gangwal, who co-founded InterGlobe Aviation, bought the shares between Sep. 30 and...

MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon ( AMZN ), Netflix ( NFLX ), Disney ( DIS ), and Alphabet, in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday. President Ferdinand Marcos...