Luxury fashion brand Mulberry has announced a significant restructuring plan after reporting a 19% drop in group revenues to £56.1 million for the six months ending 28 September. Newly appointed CEO Andrea Baldo revealed that 85 roles—approximately a quarter of the company’s 350-strong workforce—have been cut
BW FILE PHOTOBy Luisa Maria Jacinta C. Jocson, ReporterCEBU — The Philippine central bank’s easing cycle is still underway though it may opt to keep rates steady at its December meeting, its top official said.“We’re still in the easing cycle. Either we cut in December,
The Philippine Stock Exchange only saw three initial public offerings this year. — BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterPROFESSIONAL SERVICES company Deloitte is cautiously optimistic about the initial public offerings (IPOs) at the Philippine Stock Exchange (PSE) for 2025, which could be led
Shipping containers are seen at a port in Shanghai, China, July 10, 2018. US President-elect Donald J. Trump is proposing to impose a 60% tariff on Chinese goods. — REUTERSCEBU — “Tit-for-tat” retaliatory tariffs could hurt the growth outlook for the Asia-Pacific region, the
Disney fans, get ready to ring in an enchanting holiday season! Disney Store is opening a pop-up store at GH Mall from Nov. 15 to Dec. 31.Disney Store is the official home to shop the stories you love from Disney, Pixar, Marvel and Star Wars. With
Alternergy Holdings Corp. to hold Annual Stockholders' Meeting on Dec. 11 via Zoom - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify
IN 2023, the Toyota group accounted for 30% or $1.26 billion of the total Philippine auto parts exports. — YUMMIE DINGDING / PPA POOLTOYOTA Motor Philippines Corp. (TMP) is projecting a potential 5% growth in auto parts exports next year as demand recovers in
PHILSTAR FILE PHOTOTHE ENERGY Regulatory Commission (ERC) has approved three capital expenditure (capex) transmission projects for the National Grid Corp. of the Philippines (NGCP), amounting to P38.09 billion.In separate resolutions, the regulator approved the development of the P17.09-billion Bolo-Balaoan 500-kilovolt (kV) Transmission Line, P16.8-billion
TERRA SOLAR awards engineering, procurement, and construction contract to Energy China for world’s largest solar power plant.TERRA SOLAR Philippines, Inc. (TSPI), a subsidiary of SP New Energy Corp. (SPNEC), has tapped China Energy Engineering Group Co. Ltd. (Energy China) to develop a portion of its
BALLET Philippines (BP) is revisiting a beloved childhood classic to greet the Christmas season this year.For Peter Pan, the dance company will interpret J.M. Barrie’s children’s tale in a manner Filipinos will appreciate, according to BP artistic director Mikhail “Misha” Martynyuk.It cannot be compared to
REUTERSFIRST GEN Corp. received its latest liquefied natural gas (LNG) cargo from Shell Eastern Trading Pte. Ltd. last month, possibly the last for the year, the Lopez-led company said on Tuesday.“We had the delivery in October,” First Gen Senior Vice-President and Chief Revenue Officer Vincent
Megawide Corporate Foundation, Inc. (“MCFI” or “the Foundation”), the corporate social responsibility arm of Megawide Construction Corporation (“Megawide”), formally welcomed its new batch of college scholars for the 2024–2025 academic year in a jacket-handing ceremony held on Wednesday, Nov. 6 at the Crowne Plaza Galleria