News

Business Mentor: Overcoming Anxiety in Business

Armando Bartolome
Feb 09 09:49 AM

You dreamed for a long time about owning your own business. But now that you are about to start to make your dreams a reality, you struggle with doubts. Read more »

PH shares snap 5-week winning streak

ABS-CBN News
Feb 09 12:49 AM

The Philippine Stock Exchange index snaps a five-week winning streak as Asian markets retreat on fresh concerns over the US-China trade talks.  Read more »

2019 budget na may P125 bilyong 'pork barrel,' ipinasa ng Kongreso

ABS-CBN News
Feb 08 10:25 PM

Pirma na lang ni Pangulong Rodrigo Duterte ang kailangan para maisabatas ang 2019 national budget na nagkakahalagang P3.757 trilyon. Read more »

Singapore police raid Wirecard office following fraud reports

Douglas Busvine and John Geddie, Reuters
Feb 08 10:07 PM

FRANKFURT/SINGAPORE - Singapore police raided the premises of German payments company Wirecard in the city state on Friday following a series of investigative reports in the Financial Times alleging fraud and creative accounting. Read more »

Bags carry Hermes to record sales in 2018

Agence France-Presse
Feb 08 07:13 PM

Sales of its leather goods, including its bags, rose by 9.4 percent as Hermes added production capacity. The segment accounts for roughly half of the company's sales. Read more »

Mislatel can ‘withstand any scrutiny’ after securing Congress nod: spokesperson

ABS-CBN News
Feb 08 06:54 PM

Any legal case against mounted against Mislatel will be considered “baseless” after the Congress affirmed the validity of its franchise, its spokesperson said Friday.  Read more »

Japan's ANA to nominate director to PAL Holdings board

ABS-CBN News
Feb 08 05:50 PM

The ANA HD nominated director may be elected during the next stockholders’ meeting in May, the airline said.    Read more »

Taas-singil sa kuryente, oil price hike nagbabadya sa susunod na linggo

ABS-CBN News
Feb 08 04:40 PM

Patong-patong na dagdag-singil ang naghihintay sa mga konsumer sa susunod na linggo dahil sa pagmamahal ng singil sa kuryente at sa namumurong oil price hike. Read more »

Firms must push for inclusive growth, say CSR advocates

ABS-CBN News
Feb 08 04:38 PM

More than philanthropy, more than public relations, companies should push for inclusive growth in their CSR efforts. Read more »

2019 budget hurdles bicam, up for Senate, House OK

ABS-CBN News
Feb 08 04:33 PM | Updated Feb 08 07:55 PM

The Senate and the House need to approve the bicameral conference committee's version of the budget before it can be submitted to Malacanang for President Rodrigo Duterte's signature. Read more »

How to pay debt despite having low income

Moneymax.ph
Feb 08 03:50 PM | Updated Feb 08 04:48 PM

Some might say that climbing out of a debt hole is impossible. Fortunately, there are ways to get through this.   Read more »

Aboitiz infra unit signs on as potential telco tower builder

ABS-CBN News
Feb 08 03:14 PM

Aboitiz InfraCapital will be allowed to secure contracts with telecommunications operators under its memorandum of agreement with the Department of Information and Communications Technology DICT, its parent firm told the stock exchange. Read more »

More firms cited in Manila Bay cleanup, including SM, PICC

Bianca Dava, ABS-CBN News
Feb 08 03:08 PM | Updated Feb 08 03:53 PM

Seventeen more establishments along Manila Bay were cited for violation of pollution laws, as the massive government-led cleanup of the area continued, authorities said Friday. Read more »

Facebook restructures kids team in quest for youth

Agence France-Presse
Feb 08 02:05 PM

Nascent projects such as a "LOL" platform for funny memes were taken off the board at the "youth team," which shifted focus to more promising products such as a Messenger Kids app launched more than a year ago, according to the leading social network. Read more »

Filipinos urged to sharpen English proficiency for 'AI age'

ABS-CBN News
Feb 08 12:10 PM | Updated Feb 08 12:31 PM

Using the language more often and increasing consumption of various media formats in English such as TV shows and books can help improve proficiency in the language. Read more »

Billionaire Branson says he'll fly to space by July

Agence France-Presse
Feb 08 09:57 AM

Richard Branson's Virgin Galactic is one of two companies, along with Blue Origin, on its way to sending passengers into space -- though just barely, and just for a few minutes. Read more »

Mobius eyes investments in 'excellent' Philippines

ABS-CBN News
Feb 08 09:41 AM

The Philippines has "tremendous growth prospects" with a steady stream of dollar remittances from overseas workers fueling domestic consumption, said Mobius, whose Mobius Capital Partners manages $50 million in emerging market assets. Read more »

Murdoch's News Corp posts profit as newspapers struggle

Jeff Mason and Steve Holland, Reuters
Feb 08 09:04 AM

Profit in the three months through December amounted to $119 million, compared with a loss of $66 million a year earlier, for the conglomerate that publishes the Wall Street Journal, The Times of London, and titles in Australia. Read more »

Biggest US bank deal in a decade: BB&T to buy SunTrust

Aparajita Saxena, Imani Moise and Liana B. Baker, Reuters
Feb 08 08:43 AM

The banks hope to close the deal later this year. The timetable would have been improbable before the administration of President Donald Trump began easing crisis-era regulations, which had restricted expansion and boosted scrutiny of banks. Read more »

Amazon's Bezos says National Enquirer tried to blackmail him over 'intimate photos'

Reuters
Feb 08 08:18 AM

The blog post is the latest twist in a weeks-long saga that has brought the personal life of Amazon founder Jeff Bezos, the richest person in the world, into the spotlight. Read more »

Global stocks tumble on weak eurozone outlook, US-China trade angst

Agence France-Presse
Feb 08 08:09 AM

The EU Commission, the bloc's executive arm, said it now expects growth of 1.3 percent in the eurozone this year, a significant cut from the 1.9 percent it predicted only last November. Read more »

No talks set between Trump and China's Xi before trade deadline

Jeff Mason and Steve Holland, Reuters
Feb 08 08:02 AM

President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline set by the two countries to achieve a trade deal. Read more »

Barbie doll sales help Mattel shares surge on 4Q profit

Agence France-Presse
Feb 08 07:32 AM

Shares of Barbie-maker Mattel surged in after-hours trading on Thursday after the toymaker reported a surprise profit in the fourth quarter. Read more »

Airbnb eyes the sky with hire of aviation exec

Agence France-Presse
Feb 08 07:29 AM | Updated Feb 08 08:02 AM

Airbnb on Thursday said that it hired airline industry veteran Fred Reid away from an autonomous flight vehicle startup backed by Google co-founder Larry Page. Read more »

Twitter hammered as user losses overshadow improving finances

Rob Lever, Agence France-Presse
Feb 08 07:27 AM

Twitter shares took a pounding Thursday as an unsettling update on its global user base offset upbeat figures on revenues and profits in the past quarter. Read more »