Google is facing a landmark £5 billion legal challenge in the UK, accused of abusing its dominance in internet search to stifle competition and inflate the cost of advertising for businesses.The class action lawsuit, filed on Tuesday at the Competition Appeal Tribunal, alleges that Google
DoubleDragon to acquire 35% of MerryMart - BusinessWorld Online BW FILE PHOTOLISTED DoubleDragon Corp. (DD) will acquire a 35% stake in listed consumer and wholesale retailer
China’s economy grew faster than expected in the first quarter of the year, with a 5.4 per cent expansion driven by robust industrial output and domestic consumption — a performance that economists warn may prove short-lived as US tariffs begin to bite. The stronger-than-forecast GDP figures,
SM Offices to expand leasable space in Cebu and Bacolod - BusinessWorld Online FREEPIKSM Prime Holdings, Inc. said its office unit SM Offices will accelerate its
GMA Network’s 2024 income down 34.7% on weaker ad - BusinessWorld Online BW FILE PHOTOGMA Network, Inc. saw its attributable net income drop by 34.7% to
Vietnamese firm kicks off construction of Bataan solar project - BusinessWorld Online FREEPIKVietnamese renewable energy developer CN Green Roof Asia (CNGRA) has started construction of a
Companies across the UK are being urged to tap into an often-underutilised talent pool: military veterans. New research from the Office for Veterans’ Affairs (OVA) suggests that businesses which employ former service personnel benefit from enhanced team resilience, superior problem-solving skills, and a notably stronger work
METRORETAIL.COM.PHLISTED retailer Metro Retail Stores Group, Inc. reported a 1.4% decline in net income to P609.42 million in 2024, attributed to expansion-related non-cash charges. “Due to non-cash charges driven by the company’s ongoing expansion program, net income for 2024 was flattish at P609.42 million compared to
Golden MV secures SEC nod to rebrand as Villar Land Holdings - BusinessWorld Online MANUEL B. VILLAR, JR.Listed real estate developer Golden MV Holdings, Inc. has
TANTOCO-led specialty retailer SSI Group, Inc. posted a 2.7% decline in its net income for 2024 to P2.51 billion from P2.58 billion in 2023 despite a strong fourth quarter. Revenue increased by 8.2% to P29.9 billion, SSI said in a regulatory filing late Tuesday. “Our fiscal year
AboitizPower disconnects Cebu power plants from the grid - BusinessWorld Online Two fossil fuel power plants in Cebu, operated by a subsidiary of Aboitiz Power Corp.,
ACMobility subsidiary BYD Cars Philippines is planning to increase its dealership network to 77 by yearend. “We are excited to see the continued growth of BYD in the Philippines as it expands its presence across the nation,” said Bob Anthony Y. Palanca, managing director at BYD