URC.COM.PHGOKONGWEI-LED Universal Robina Corp. (URC) reported a 2% decline in first-quarter (Q1) net income to P4.3 billion, as last year’s figure was boosted by higher foreign exchange gains.Despite the lower net income, core net income rose by 4% to P4.1 billion because of reduced costs,
Tesla has encountered legal headwinds in its push to trademark the terms “Robotaxi” and “Cybercab”, dealing a blow to the company’s highly anticipated autonomous ride-hailing plans ahead of a planned June 2025 launch. The U.S. Patent and Trademark Office (USPTO) this week issued a “nonfinal office
President Donald Trump has announced a new trade deal between the United States and the United Kingdom, marking what he described as a “historic day” for the transatlantic alliance. The agreement, unveiled on the 80th anniversary of VE Day, is the first major trade accord
Electric vehicle (EV) sales in the UK continued to surge in April, with battery electric cars claiming more than one in five new registrations, even as petrol and diesel car sales sharply declined — a development hailed by campaigners as a “clear signal” of public
The UK’s green energy ambitions have suffered a serious setback after Danish energy giant Ørsted cancelled plans for Hornsea 4, one of the country’s largest proposed offshore windfarms, citing soaring supply chain costs and financial risks. Hornsea 4, expected to power 1 million homes with its
As urban centres expand and commercial real estate prices climb, businesses in growing cities are reevaluating how they use their space, especially when it comes to physical storage. The days of stockpiling supplies, documents or equipment in costly city centre offices may be numbered. With
Farmers across England are warning of early crop failures after what is shaping up to be the driest start to spring in nearly 70 years, with water levels falling and fears mounting that the country could be headed for another severe summer drought. The National Farmers’
British Steel has launched a recruitment drive for more than 180 new roles less than a month after the UK government intervened to save the company and protect 2,700 jobs at its Scunthorpe plant. The move follows a dramatic state rescue in which ministers stepped in
The Bank of England has cut interest rates for the fourth time since August, lowering the base rate to 4.25% from 4.5%, as the central bank grapples with weakening growth, persistent inflation, and global trade disruptions driven by President Trump’s tariff war. In a closely watched
By Kenneth Christiane L. Basilio, Chloe Mari A. Hufana and Adrian H. Halili, ReportersSENATORIAL candidates in this year’s Philippine midterm elections will prioritize small business development, while cushioning local industries from a looming global trade war that puts economic growth, jobs and wages at risk.They
PHILSTAR FILE PHOTOBy Ashley Erika O. Jose, ReporterBROWNOUTS have been a recurring problem for the Philippines during summer, and Monday’s midterm elections won’t be spared from a looming power interruption that threatens their integrity, according to climate scientists.“Although elevated electricity demand during the summer contributes
SCREENGRAB FROM THE ARMED FORCES OF THE PHILIPPINESBy Adrian H. Halili, ReporterTHE ARMED Forces of the Philippines (AFP) on Thursday condemned the “aggressive and unsafe” maneuvers of two Chinese navy ships and a Chinese Coast Guard vessel near a disputed shoal in the South China