Meta, the parent company of Facebook, Instagram and WhatsApp, has sought to calm key advertisers following its decision to scrap third-party fact-checking in the United States. Senior executives led by Nicola Mendelsohn, Meta’s head of global business, have held a series of meetings over recent days
Rishi Sunak is set to embark on an academic chapter of his career after securing two high-profile posts at Oxford and Stanford universities. The former prime minister announced he will be joining the Blavatnik School of Government’s “world leaders circle” in Oxford, as well as taking
Government borrowing surged by £3.2 billion above expectations in December, with the shortfall reaching £17.8 billion as rising public sector pay, inflation-linked benefits, and a one-off property purchase pushed spending to its highest December level in four years. Official figures from the Office for National Statistics
Last Updated on: A number of hedge funds and other institutional investors have obtained a position in companies that own and operate luxury resorts and casinos, according to recent 13F-HR forms filed with the Securities and Exchange Commission.Global value-oriented and event-driven hedge fund Armistice Capital’s
“Lugano, January 22, 2025 – Today, Debifi, the leading platform in non-custodial Bitcoin-backed lending, announced a strategic partnership with Berglinde, a recognized innovator in Bitcoin-centered investment solutions. This alliance marks a significant step in connecting the traditional financial landscape with the Bitcoin economy, providing users
REUTERSTHE MAIN INDEX inched up on Wednesday as the market continued to digest US President Donald J. Trump’s policy comments following his inauguration and amid the ASEAN+3 Macroeconomic Research Office’s (AMRO) bullish view on the Philippine economy. The benchmark Philippine Stock Exchange index (PSEi) rose
IIIJAOYINGIII-PIXABAYTHE PESO slipped against the dollar on Wednesday as markets continue to react to US President Donald J. Trump first wave of policy announcements.The local unit closed at P58.51 per dollar on Wednesday, down by two centavos from its P58.49 finish on Tuesday, Bankers Association
A SCREENSHOT of Chinese Coast Guard vessel 3103 (right) with the Philippine Coast Guard’s BRP Suluan in the South China Sea on Jan. 21, 2025. — PCGTHE Philippine Coast Guard (PCG) on Tuesday issued a radio challenge asking another Chinese vessel to leave its waters
DON-DELFIN ALMONTE-UNSPLASHTHE GOVERNMENT should raise taxes on tobacco and vape products to cut their use by Filipinos, according to the Action on Smoking & Health (ASH) Philippines.“The buying capacity of Filipinos has increased and it will be wise to increase taxes on tobacco products to
PHILIPPINE STAR/BOY SANTOSTHE Department of Budget and Management (DBM) has clarified the coverage of the second tranche of salary increases for government workers this month.National Budget Circular No. 597 lays down the implementation of the updated salary schedule for civilian workers based on Executive Order
STOCK PHOTO | Image by Silas Camargo Silão from PixabayA BILL granting amnesty to hospitals with denied reimbursement claims, embroiled in legal disputes with the Philippine Health Insurance Corp. (PhilHealth), has been filed at the House of Representatives.The state health insurer has P59.6 billion in
Students walk inside the campus of a high school in Quezon City, April 18, 2024. — REUTERSTHE House of Representatives on Wednesday approved on second reading a bill that seeks to overhaul the Philippine education system by dividing the tertiary education pipeline and aligning it