<?xml encoding="utf-8" ??>Virgin Orbit has paused its operations and furloughed its workforce as it hunts for a funding lifeline. The satellite launch company, based in California, will put all work on hold for at least a week with just a skeleton team remaining at work.Bosses told
<?xml encoding="utf-8" ??>The UK now ranks 29th in a global chart of life expectancy, down from seventh place in 1952, according to new analysis. Researchers warned that the UK was slipping down the global ranks, performing worse over the past seven decades than all G7 countries
TONY WEBSTER-FLICKERTHE ASIA-PACIFIC banking sector, including in the Philippines, has reasonable buffers to cope with possible contagion effects from the failure of Silicon Valley Bank (SVB), S&P Global Ratings said.“Asia-Pacific banks are well-placed to absorb potential contagion effects emanating from the SVB collapse. Direct exposures
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui led the filing of criminal complaints against “ghost companies” issuing fictitious receipts before the Department of Justice in Manila on March 16, 2023. — PHILIPPINE STAR/EDD GUMBANTHE BUREAU of Internal Revenue (BIR) on Thursday filed criminal
Relatives visit a public cemetery in Manila in this undated file photo. — PHILIPPINE STAR/WALTER BOLLOZOSSENIOR CITIZENS are entitled to a 20% discount on interment services, which are covered by the funeral and burial expenses provided for under the law, the Supreme Court (SC) said.In
The logos of Microsoft Corp. and OpenAI, as well as the ChatGPT 4 name, are seen in this photo illustration. — PHOTO ILLUSTRATION BY JONATHAN RAA/NURPHOTO VIA REUTERS CONNECTTHE PHILIPPINES fell 10 spots to rank 54th out of 166 countries in utilizing frontier technologies for
The ICCP team headed by its President & CEO Valentino S. Bagatsing (center) and Managing Director Manny P. Ocampo (inset). Investment & Capital Corporation of the Philippines (ICCP) was cited during the recent The Asset Triple A Country Awards for Sustainable Finance 2022
By Justine Irish D. Tabile, ReporterPANGILINAN-led PLDT Inc. announced on Thursday that it is fully acquiring Sky Cable Corp. for P6.75 billion in a move that will expand its coverage and services.In a disclosure to the Philippine Stock Exchange, the telco company said that its
AYALA-led ACEN Corp. through its joint-venture company, UPC Power Solutions LLC, is set to acquire the portfolio of eight operating wind projects in northern Texas, the renewable energy company said on Thursday.“We’ve long set our sights on the US as our next market following our
LISTED food service company Jollibee Foods Corp. (JFC) reported 26.4% higher attributable net income for 2022 to P7.56 billion from the previous year’s P5.98 billion after an increase in system-wide sales.In a press release, JFC Chief Executive Officer Ernesto Tanmantiong said in a press release
LISTED food service company Jollibee Foods Corp. (JFC) reported 26.4% higher attributable net income for 2022 to P7.56 billion from the previous year’s P5.98 billion after an increase in system-wide sales.In a press release, JFC Chief Executive Officer Ernesto Tanmantiong said in a press release
SOUTH Korean girl group MAVE:SEOUL — Less than two months ago, the first music video by South Korean girl quartet MAVE: went viral, racking up nearly 20 million views on YouTube and setting the stage for potential global success.At first glance, MAVE: looks like any