Investors in Getir have approved a split of the company that will lead to a fresh capital injection of up to $250 million. The food delivery group, based in Turkey, held an extraordinary general meeting on Sunday during which shareholders backed plans to divide the
In the lead-up to the election, voters have been left with a lack of information regarding how the major political parties plan to fund their proposed spending commitments. According to the Institute for Fiscal Studies (IFS), this has resulted in inadequate details being provided, with
Interested parties vying for ownership of The Daily Telegraph and The Spectator magazine have been given a deadline of July 19th to submit their initial offers, according to sources familiar with the matter.The auction, overseen by RedBird IMI, an Abu Dhabi state-backed vehicle, was launched
As the general election campaign continues, the major political parties in the UK have released their respective manifestos. These include Labour, the Conservatives, Reform UK, the Liberal Democrats, the Greens, the Scottish National Party (SNP) and Plaid Cymru.Each party has outlined their policies and plans
People watch the sunset along Manila Bay in Manila, Philippines, April 4, 2024. — REUTERSS&P GLOBAL RATINGS trimmed its gross domestic product (GDP) forecast for the Philippines for this year and 2025 amid expectations that high interest rates will continue to crimp domestic demand. In
Rice grains are displayed with a farmer miniature in this illustration picture taken on June 20, 2023. _ REUTERS/FLORENCE LO/ILLUSTRATIONBy Kenneth Christiane L. Basilio THE GOVERNMENT is open to adjusting tariff rates on rice imports if global prices show a steady decline, National Economic and
Students walk inside the campus of a high school in Quezon City, April 18, 2024. — REUTERSTHE PHILIPPINES has to take advantage of the changing population structure in the next 25 years, when the working-age population will outnumber dependents, according to the World Bank (WB).“The
Tourists pose for souvenir photos in Boracay, Aklan in this file photo taken on April 6, 2023. — PHILIPPINE STAR/ MIGUEL DE GUZMANTOURIST ARRIVALS in the Philippines are expected to jump by 33% this year, but will only return to the pre-pandemic level by 2025,
EMPERADOR, Inc. said it allocated P6.5 billion for its capital expenditure (capex) budget this year to strengthen its whiskey business.Bulk of the capex was allotted for the expansion of the Dalmore distillery, slated for completion in the second half of the year, Emperador said in
GLOBE.COM.PHGLOBE Telecom, Inc. said it is close to finalizing its tower sales to Phil-Tower Consortium, Inc. (PhilTower) after selling another 48 towers for P710 million.This brings PhilTower’s total acquisitions to 1,148 towers, or 85% of the planned 1,350 towers, Globe said in a statement on
GLOC-9 and Raymund MarasiganFILIPINO rap icon Gloc-9 explores distinctly Filipino stories through hard-hitting verses in his latest album, Sari-Sari Story.The renowned rapper, whose real name is Aristotle Polistico, has been making music for over 25 years. For the new album, he has collaborated with original
THE National Privacy Commission (NPC) announced on Monday that it had been notified by the Jollibee group of a data breach affecting approximately 11 million data subjects.According to the NPC, Jollibee reported at 11:38 a.m. on June 22 about a potential unauthorized access to its