The European Union Court of Justice (ECJ) has ruled against McDonald’s in a trademark dispute with Irish rival Supermac’s. The complaint, which was initially filed in 2017, challenged McDonald’s use of the term “Big Mac” for chicken sandwiches. McDonald’s had registered the term in 1996
Beginning Wednesday, banknotes featuring the portrait of King Charles III will be issued for the first time. The new banknotes will co-circulate with those featuring Queen Elizabeth II, and will appear on all denominations – the £5, £10, £20, and £50 notes.In accordance with guidance
Two years ago, Rishi Sunak assumed office as the first hedge fund prime minister of Britain. Ed Conway, Sky’s Economics and Data Editor, noted at the time that Mr. Sunak’s background sets him apart from other residents of Downing Street, having started his career at
ECB Expected to Cut Main Policy Rate in Significantly Momentous MoveThe European Central Bank (ECB) is expected to make a major decision on Thursday by cutting its main policy rate. This move is highly significant as it will be the first time in 25 years
Inflation rose for a fourth straight month in May, the statistics agency said on Wednesday. — PHILIPPINE STAR/RYAN BALDEMORBy Luisa Maria Jacinta C. Jocson, ReporterINFLATION ACCELERATED to a six-month high in May, driven by the faster rise in utility and transport costs, the Philippine Statistics
The National Economic and Development Authority (NEDA) Board has approved a medium-term plan to lower tariffs on agricultural and industrial products, including rice. — PHILIPPINE STAR/EDD GUMBANTHE GOVERNMENT’S move to slash tariffs on imported rice could bring down average retail prices by P6-P7 per kilo
The Philippine economy is expected to grow by 6-7% this year. — PHILIPPINE STAR/MIGUEL DE GUZMANTHE PHILIPPINE ECONOMY is expected to grow above 6% in the second quarter amid base effects and improved government spending, HSBC Global Research said on Wednesday.“For the second quarter, [the
Workers arrange sacks of National Food Authority (NFA) rice in Balagtas, Bulacan. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Kyle Aristophere T. Atienza, ReporterTRADE PROTECTION is needed if the government is serious in rescuing its agriculture and manufacturing sectors, experts said after the Philippines announced a new
MONICA DAHIYA-UNSPLASHALTERNERGY Holdings Corp. announced on Wednesday the start of the construction of its 112-megawatt (MW) Tanay Wind Power Project in Rizal.The company, through its subsidiary Alternergy Tanay Wind Corp. (ATWC), aims to attain additional capacity by the end of 2025, Alternergy said in a
CONSUNJI-LED DMCI Homes announced on Wednesday that it has allocated P6 billion for its eco-agri condotel Moncello Crest in Tuba, Benguet.The residential resort project initially launched 522 units in May, DMCI Homes said in a statement on Wednesday.The company stated its leisure arm, DMCI Homes
1 of 4By Joseph L. Garcia, Senior ReporterFOR MANY Filipinos, their first taste of a really good steak was at Melo’s. Carmelo “Melo” Santiago, opening his first branch of Melo’s in 1987, popularized Angus steaks in the Philippines. Later projects also saw him bringing Japanese
PHILIPPINE STAR/ MIGUEL DE GUZMANBy Revin Mikhael D. Ochave, ReporterBUSINESSMAN Leandro Antonio L. Leviste, founder of Solar Philippines Power Project Holdings, Inc., has increased his stake in ABS-CBN Corp. to 10% from the previous 8.5%, bringing him closer to securing a seat on the board of