News

Jollibee takes full ownership of Smashburger

ABS-CBN News
Dec 14 11:43 AM

Jollibee Foods Corp on Friday said it has taken 100 percent ownership of Smashburger. Read more »

Facebook teaches New Yorkers about privacy at 'pop-up' kiosk

Agence France-Presse
Dec 14 09:33 AM

The public relations exercise, a one-day event at the midtown holiday market in Bryant Park, was a first for Facebook in the United States and followed a similar presentation in September in London. Read more »

11-11, 12-12 sale events lure more Filipino online shoppers: Lazada

Jessica Fenol, ABS-CBN News
Dec 14 09:33 AM | Updated Dec 14 10:41 AM

Online shopping platforms Lazada and Shoppee and airlines Cebu Pacific and AirAsia all offered deep discounts on 12-12 in the run up to Christmas. Read more »

Apple unveils plan for $1-billion campus in Texas, US expansion

Rob Lever, Agence France-Presse
Dec 14 09:21 AM

The new campus -- which will be used for engineering and other functions, but not manufacturing -- will be near the tech giant's existing facility in Austin and initially accommodate 5,000 new employees, with room to grow to 15,000 Read more »

Auto parts supplier Continental to hire more workers in PH

ABS-CBN News
Dec 13 11:52 PM

Auto parts supplier Continental Temic Electronics Philippines plans to hire more workers for its Laguna plant. Read more »

PH water concessionaires to raise rates for January 2019

ABS-CBN News
Dec 13 11:48 PM

Customers of Maynilad and Manila Water are expected to bear the brunt of higher water rates for the first month of 2019. Read more »

BSP pauses interest-rate hikes, as inflation eases

ABS-CBN News
Dec 13 11:46 PM

Key interest rates also remain unchanged for the first time since May. Read more »

PH shares climb back above 7,500

ABS-CBN News
Dec 13 11:44 PM

With the final market-moving event of the year out of the way, analysts and investors are now looking forward to 2019. Read more »

Bagong bintang vs Diokno: Pondo 'iniipit' para sa halalan sa 2019

ABS-CBN News
Dec 13 10:54 PM

Hinala ng isang mambabatas, "ipamumudmod" ni Budget Secretary Benjamin Diokno para sa halalan sa 2019 ang "iniipit" niyang pondo mula sa road users' tax. Read more »

Presyo ng itlog ng pugo, pinangangambahang tumaas

ABS-CBN News
Dec 13 10:41 PM

Nangangamba ang ilang tindera sa posibleng pagtaas ng presyo ng itlog ng pugo.  Read more »

Singil sa tubig, tataas pagpasok ng 2019

ABS-CBN News
Dec 13 08:06 PM

Magkakaroon ng taas-singil sa tubig sa Enero 2019 matapos aprubahan ng Metropolitan Waterworks and Sewerage System ang adjustment o pagbabago sa singil dahil sa inflation. Read more »

House to start budget 'anomaly' probe in January

ABS-CBN News
Dec 13 06:26 PM

The House of Representatives' Committee on Rules will start its probe on the alleged 2019 national budget insertions on January 3 in Naga City, Majority Leader Rolando Andaya Jr said Thursday. Read more »

Bangko Sentral keeps interest rates steady after 5 successive hikes

ABS-CBN News
Dec 13 04:04 PM | Updated Dec 13 04:36 PM

The Monetary Board kept the overnight borrowing rate, which banks use to price their loans at 4.75 percent on its last meeting for the year. Read more »

Pinagdaanang hamon sa buhay, naging daan para sa hamon business

ABS-CBN News
Dec 13 03:50 PM

Alamin ang kuwento ng negosyanteng si Ayan na ginamit ang pinagdaanang hamon sa buhay para magtayo ng kanyang sariling business. Read more »

Google chief trusts AI makers to regulate the technology

ABS-CBN News
Dec 13 03:33 PM

Tech companies building AI should factor in ethics early in the process to make certain artificial intelligence with "agency of its own" doesn't hurt people, Google chief Sundar Pichai said. Read more »

Dating waitress sa Dubai, sa negosyong pampaganda nagtagumpay

ABS-CBN News
Dec 13 03:32 PM

Mula sa pagiging OFW, nagsimulang guminhawa ang buhay ni Joyce Ruelos dahil sa pagbebenta online ng kanyang mga beauty products. Read more »

For Huawei 'princess' on bail, home comforts and a curfew

Deborah Jones and Michel Comte, Agence France-Presse
Dec 13 03:06 PM

Huawei CFO Meng Wanzhou, heiress to her billionaire father's global tech conglomerate, is managing to surround herself with a few home comforts. Read more »

End of an era as ECB set to withdraw crisis-fighting stimulus

Tom Barfield, Agence France-Presse
Dec 13 02:59 PM

The past 3 years saw the ECB ward off the threat of catastrophic deflation -- a crippling downward spiral of prices and activity -- by buying 2.6 trillion euros ($3 trillion) of government and corporate debt. Read more »

Continental to hire more in PH to tap autonomous car demand

Cathy Yang, ABS-CBN News
Dec 13 02:00 PM | Updated Dec 14 02:11 PM

Continental will add 300 to 400 people in Calamba, on top of its 4,000-strong workforce in the next 2 years, its vice president and general manager Glenn Everett told ANC’s The Boss.  Read more »

60 months to pay: Toyota, Grab lure car buyers with perks

Jessica Fenol, ABS-CBN News
Dec 13 11:56 AM | Updated Dec 13 04:05 PM

Eligible Grab permit holders could avail of a 10 percent downpayment and 60 months payment terms from Toyota Financial Service Philippines (TFSP), Toyota Motor Philippines Corp First Vice President for Marketing told ABS CBN News.  Read more »

After Trump comment on Huawei, Justice Dept official pushes back

Reuters
Dec 13 08:37 AM | Updated Dec 13 08:38 AM

Assistant Attorney General John Demers told a US Senate hearing on Chinese espionage that the Justice Department is not "a tool of trade" after President Donald Trump said he would intervene in the case of Huawei CFO Meng Wanzhou. Read more »

Tencent Music surges in Wall Street debut

Agence France-Presse
Dec 13 08:26 AM

Tencent Music said Tuesday it raised $1.1 billion in an initial public offering, the biggest by a Chinese company since Alibaba. The IPO price valued the company at $21.3 billon. Read more »

Pound gains as British PM May survives vote, global stocks advance

Agence France-Presse
Dec 13 08:10 AM

British Prime Minister Theresa May won the support of 200 Conservative lawmakers, but 117 voted to oust her. And she only survived after conceding she would step down before the 2022 election. Read more »

Libo-libong Angkas riders, mawawalan ng kabuhayan ngayong magpa-Pasko

ABS-CBN News
Dec 13 01:38 AM

Muling ipinatitigil ang operasyon ng ride-hailing app na "Angkas" matapos maglabas ng temporary restraining order o TRO ang Korte Suprema. Read more »

PH shares finish higher at 7,488

ABS-CBN News
Dec 12 11:51 PM

Philippine shares managed to eke out gains despite volatile trading and foreign funds heading for the exits. Read more »