Tuesday 12 November
Crisis-hit Nissan chops forecasts, net profit worst for a decade
Crisis-hit Japanese automaker Nissan Tuesday slashed its full-year forecast for both sales and profit as it struggles with weak demand in Japan, the US and Europe, as well as fallout from the arrest of former boss Carlos...
Nov 12, 2019 @ 19:54
PSE sterns warning to Security Bank’s stock brokerage for late...
The Philippine Stock Exchange has issued a strong warning to SB Equities Inc which was found in violation of its disclosure...
Nov 12, 2019 @ 20:23
Wells Fargo BPO wins P24M tax refund
The Court of Tax Appeals (CTA) has awarded a P24.116 million tax refund to business process outsourcing (BPO) firm Wells Fargo Philippines Solutions Inc. for excess payment of creditable withholding...
Nov 12, 2019 @ 20:13
Crisis-hit Nissan chops forecasts, net profit worst for a decade
Crisis-hit Japanese automaker Nissan Tuesday slashed its full-year forecast for both sales and profit as it struggles with weak demand in Japan, the US and Europe, as well as fallout from the arrest...
Nov 12, 2019 @ 19:54
Chicken ‘billionaire’ Poland is Europe’s poultry...
In what looks like a Niagara Falls of yellow feathers, thousands of chicks cascade down a conveyor belt in central...
Nov 12, 2019 @ 19:45
Bleeding red: Lee family’s R&L assets just a fraction of...
The Lee family's R&L Investments Inc. has not only been spewing red ink since the death of its patriarch two years ago. The 50-year old brokerage firm's assets are also too puny to cover for the...
Nov 12, 2019 @ 19:38
PSE inutile against syndicate? Five more firms victimized in R&L...
At least five more stock brokerage firms are believed to have fallen victim to a multi-billion peso stock scam involving the Lee family's R & L Investment and its "trusted clerk" Marlon Moron,...
Nov 12, 2019 @ 18:31
Ayala nearly doubles nine-month earnings
Conglomerate Ayala Corp. saw its earnings nearly grow by two-fold P46.2 billion in the nine months to September on higher contributions from its banking, telco, real estate and power...
Nov 12, 2019 @ 18:21
MPIC, MacroAsia eye Sangley airport redevelopment
Metro Pacific Investments Corp. and tycoon Lucio Tan’s MacroAsia Corp. led five other groups that secured bid documents for the construction of an international air gateway in Sangley,...
Nov 12, 2019 @ 17:33
ICTSI posts solid results despite headwinds
International Container Terminal Services Inc. (ICTSI) continued its rock solid performance, with its net income growing 29% to $184.9 million in the nine months to September on higher revenues from...
Nov 12, 2019 @ 16:42
Dennis Uy continues acquisition spree with Wendy’s
Udenna Corp.,the investment arm of newly-minted bilyonaryo Dennis Uy, is chasing a bigger share of the local fast food market with the acquisition of all 51 Wendy’s restaurants in the...
Nov 12, 2019 @ 15:48
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Stephanie Kienle slays in the streets of Paris
As per usual, Stephanie Kienle is serving some killer...
Nov 12, 2019 @ 10:50
Ana Lorenzana de Ocampo discovers the beauty of India
Nov 12, 2019 @ 10:44
Annette Gozon explores Negros island
Looks like summer never ends for the daughter of GMA Network chairman Felipe...
Nov 11, 2019 @ 22:07
Stephanie Zubiri Crespi finds happiness in her two boys
This is what happy Mondays look like for food connoisseur Stephanie...
Nov 11, 2019 @ 21:52
Berna Romulo-Puyat proudly wears her Filipino roots
Ever since, Tourism Secretary Berna Romulo Puyat has been a staunch supporter of Filipino...
Nov 11, 2019 @ 21:46
Angelo King turns 93, meets great granddaughters Artemis and Aurora
The King patriarch just celebrated his birthday and met the family's little princesses for the first...
Nov 11, 2019 @ 21:38
Dioceldo Sy mourns passing of John Gokongwei
The “Father of Philippine Color Cosmetics” paid tribute to his mentor, the founder and chairman emeritus of JG Summit...
Nov 11, 2019 @ 17:03
Rikki Dee feels the love on his birthday
The man behind the FoodLink Group has one caring family as the main driver for his passion in...
Nov 11, 2019 @ 10:38
Tonyboy and Gretchen spotted at bday party of Atong’s mother
They are definitely “close family friends” with businessman Atong...
Nov 11, 2019 @ 10:34
Robbie Antonio spends the best hour of his life with Catherine Zeta...
Robbie Antonio ticks off another Hollywood star in his...
Nov 10, 2019 @ 20:33
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Vested interest: UBS fined $51M for overcharging clients
Swiss banking titan UBS has been fined $51 million by Hong Kong authorities for overcharging global customers for almost a decade, saying it had failed to "act in its clients' best...
Nov 12, 2019 @ 20:04
Small time: BSP says Aguilaz family’s AMA bank, MAXbank bankruptcy...
Nov 10, 2019 @ 11:12
MAXBank goes bust: MB orders closure of 5 branches, including BGC,...
In Resolution No. 1704 dated November 7, 2019, the Monetary Board has stopped the operations of MAXBank and directed the Philippine Deposit Insurance Corp. to take over and liquidate the bank's...
Nov 9, 2019 @ 14:00
This netizen shared how scammers wiped out his bank account
All it took was a very convincing unsolicited email claiming to be from his...
Nov 8, 2019 @ 22:45
Big bank mulls charging millionaire clients for deposits
Germany's second-largest lender Commerzbank on Thursday said it was mulling charging wealthy private customers for their deposits, as it seeks to pass on the hurt from the European Central Bank's...
Nov 8, 2019 @ 15:17
Global debt surges to record high $188T: IMF chief
The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva warned...
Nov 8, 2019 @ 15:06
The refreshed HSBC Premier is better than ever
Facing stiff competition from other global credit cards, HSBC Premier is offering a new set of perks and personalized financial services and programs to its elite...
Nov 7, 2019 @ 23:02
RCBC profit surges to P4.5B in Jan-Sept
Rizal Commercial Banking Corp. saw a 41% jump in its net income in the nine months to September to P4.5 billion on the back of a double-digit growth in net interest income and trading...
Nov 6, 2019 @ 11:43
BSP shuts down rural bank in Batangas
The Bangko Sentral ng Pilipinas (BSP) has ordered the Rural Bank of Lemery, Inc. to cease operations Oct. 31 amid liquidity...
Nov 5, 2019 @ 19:12
Security Bank Q3 earnings jump to P2.7B
Dy family-led Security Bank Corp. grew its net income by 22% in July to September to P2.7 billion, boosted by strong growth in corporate loans and higher...
Nov 4, 2019 @ 21:45
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Chinese consumers smash ‘Singles’ Day’ shopping...
Chinese shoppers set new records for spending during the annual "Singles' Day" buying spree despite an economic slowdown and worries over the US trade war, with state media calling it a sign of...
Nov 12, 2019 @ 20:00
Apple Card probed for alleged gender discrimination
A New York financial regulator said Saturday it is investigating claims of gender discrimination by the new credit card from tech giant Apple and its issuer Goldman Sachs, after a cardholder's tweet...
Nov 11, 2019 @ 9:56
Russian e-commerce booms despite economic doldrums
Moscow photographer Galina Goryushina says that online shopping has changed her...
Nov 10, 2019 @ 17:40
Globe to build more cell sites amid slow rollout of government’s...
Globe Telecom Inc. said it would pursue the construction of more cell sites amid the massive lack of common towers in the...
Nov 8, 2019 @ 20:18
Tech firms react to netizens’ digital privacy concerns
Whistleblowers and digital pioneers have long been sounding the alarm about abuses of our privacy...
Nov 8, 2019 @ 16:19
Robots ‘not evil’ says Boston Dynamics as humanoids go...
As videos of robot-like dogs made by Boston Dynamics go viral on the internet, the humanoids' uncanny abilities have also sparked worries that they could become a threat to...
Nov 8, 2019 @ 16:09
Back on growth path: PLDT hits record 9-month revenues but profit...
Telco giant PLDT Inc. is back in growth mode after years of stagnant revenues and a difficult period that saw it retrench employees and restructure its...
Nov 7, 2019 @ 19:17
James Dean ‘cast’ in new movie, 64 years after death
More than 60 years after his death, movie legend James Dean is set to return to the screen thanks to special effects that recreate his image from old footage and...
Nov 7, 2019 @ 16:12
Xerox eyes $27B takeover of PC maker HP
Xerox is mulling a takeover deal worth $27 billion for HP Inc., the consumer technology unit created by the split of Silicon Valley-based Hewlett Packard, reports said...
Nov 7, 2019 @ 15:48
Pokemon Go maker Niantic making a game of the world
Pokemon Go maker Niantic on Wednesday moved closer to turning the world into a giant game board in a fun mix of fantasy and...
Nov 7, 2019 @ 15:38
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Pilipinas Shell backs government’s fuel marking program
Pilipinas Shell is ready to start automated fuel marking this month at its Cagayan depot which services the requirements of Visayas and...
Nov 11, 2019 @ 10:43
Phoenix Petroleum raises P7B from preferred share sale
Businessman Dennis Uy-led Phoenix Petroleum Philippines successfully raised P 7 billion from the issuance of a new series of perpetual preferred...
Nov 7, 2019 @ 21:46
Aboitiz Power earnings slip 36% in Q3
Aboitiz Power Corp. suffered a 36% drop in its third quarter earnings to ₱4.8 billion, weighed down by higher interest and depreciation...
Nov 6, 2019 @ 11:33
Petron income falls 70% on lower refining margins
Oil refining giant Petron Corp. saw its nine-month net income drop to P3.6 billion, dragged down by a prolonged slump in refining margins in the region as well as the shutdown of its refinery in...
Nov 5, 2019 @ 17:38
Ayalas buy out partner in Ilocos Norte wind farm project
AC Energy Philippines Inc. has inked a deal to acquire the ownership of Philippine Investment Alliance for Infrastructure (“PINAI in North Luzon Renewables Energy...
Nov 4, 2019 @ 17:29
Fracking halted in England over earthquake fears: UK govt
The controversial process of "fracking" will be halted in England due to the risks of triggering earthquakes when trying to tap shale gas reserves, the British government announced...
Nov 2, 2019 @ 10:36
Energy giants face 35% output cut to hit Paris climate goals: watchdog
The biggest listed oil and gas giants must slash production by more than a third by 2040 to keep emissions within targets laid out in the landmark Paris climate deal, an industry watchdog said...
Nov 1, 2019 @ 11:02
Fernando Zobel loads up on AC Energy shares
Bilyonaryo Fernando Zobel De Ayala upped his stake in AC Energy Inc. (formerly Phinma Energy, adding 22.97 million...
Oct 31, 2019 @ 11:22
Aramco to make stock market debut on December 11: report
Energy giant Saudi Aramco will make its long-awaited debut on the Riyadh stock market on December 11, Saudi-owned Al-Arabiya television said...
Oct 30, 2019 @ 9:51
Oil, gas giants spend 250 mn on EU lobbying: green groups
The five biggest publicly listed oil and gas companies and trade groups representing them spent more than 250 million euros lobbying the European Union to influence climate action since 2010,...
Oct 27, 2019 @ 9:57
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Property and Tourism
Boeing says 737 MAX expected to resume flying in January
Boeing on Monday said it expects the 737 MAX airplane, which was grounded after two crashes killed 346 people, to resume flying in January, delaying its return by one...
Nov 12, 2019 @ 10:13
Capsule living: a ‘cheap’ option for young people flocking...
Kay Wilson packed up her life in a hurry and moved to Los Angeles... only to find that what she paid in Pennsylvania for a nice studio apartment would only get her a 2.9-square-meter box in...
Nov 12, 2019 @ 9:59
Tiu-Laurel’s Frabelle Group to build P8B port in Cadiz City,...
The Tiu-Laurel family-owned Frabelle Group of Companies has proposed to develop an international port project costing P8 billion in Cadiz City in northern Negros...
Nov 11, 2019 @ 16:26
Megaworld eyes P5.2B sales from Kingsquare Residence
Andrew Tan-led Megaworld Corp. unveiled its latest offering in Manila City, a 34-story residential building within the San Lazaro Tourism and Business...
Nov 11, 2019 @ 10:27
Andrew Tan’s leisure estate arm books P1.4B profit in 9 months
Global Estate Resorts Inc., the leisure estate firm of Megaworld Corp., grew its nine-month net income by 9% to P1.4 billion on strong growth of its rental and hotel...
Nov 11, 2019 @ 10:19
Dominguez reportedly tells Duterte to halt Bulacan airport, says DOTr...
Finance Secretary Sonny Dominguez is reportedly not yet giving up in his bid to block the $15 billion San Miguel Corp. Bulacan airport project of bilyonaryo Ramon S....
Nov 9, 2019 @ 19:10
Skip the queue: Singapore hotels use face recognition check-in
Tourists visiting Singapore can now check in at some hotels using facial recognition technology under a pilot programme that could cut waiting times and help tackle a labour...
Nov 8, 2019 @ 15:57
Anger over Las Vegas ban on sleeping in streets
Faced with a growing number of homeless people, Las Vegas has passed a controversial law that bans sleeping on the street and imposes punishments of a $1,000 fine and six months in...
Nov 8, 2019 @ 15:38
Emirates Airline profits nearly triple in half-year
Emirates Airline, the largest carrier in the Middle East, on Thursday reported a 282-percent rise in half-year net profits, mainly thanks to a drop in operating costs and fuel...
Nov 8, 2019 @ 15:22
Vista Land books P9B profit in January-September
Vista Land and Lifescapes Inc., the property holding company of the family of bilyonaryo Manny Villar, reported a 12% jump in its nine-month net income to ₱9.06 billion, driven by the sustained...
Nov 8, 2019 @ 10:31
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Duterte ignores Xi Jinping, POGO stays
Duterte ignores Xi Jinping, POGO...
Oct 5, 2019 @ 20:23
Are good times over in the US?
The United States had a batch of chilling economic news on Thursday, deepening a Wall Street sell-off and putting a nagging question front and center: are the good times really...
Jan 4, 2019 @ 11:33
The late Dominic Sytin’s legacy goes beyond growing the country’s...
Before his untimely death at the hands of an assassin just last month, Dominic Sytin was a rising star in the business...
Dec 21, 2018 @ 18:43
George Ty: The persistent paragon, the philanthropist, the good hands...
We were taught growing up that the bank was the best place to keep our money. As adults, we learn that the bank is more than a hollow porcelain pig to put your coins in; in fact, it is a partner in...
Dec 21, 2018 @ 17:29
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Who's the richest of them all?
Enrique Razon, Jr.
Tony Tan Caktiong
Henry Sy, Jr.
Danding Cojuangco, Jr.
Robert Coyiuto, Jr.
Ricardo Po, Sr. & family
Panda Express is in the Philippines!
Duterte ignores Xi Jinping, POGO stays
Duterte inaugurates the country’s first and biggest solar-diesel microgrid plant in Romblon
China wants Duterte to ban POGOs like Cambodia
BDO, Metrobank, BPI, RCBC book massive impairment losses on Hanjin
Sari Yap, founder of Mega Magazine, passes away
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