The Financial Conduct Authority (FCA) has warned that a Court of Appeal ruling at the heart of the UK’s motor finance commission scandal risks legal overreach and “goes too far”, as lenders face potential compensation claims of up to £44 billion. In a written submission to
Channel 4’s chief executive, Alex Mahon, has warned that artificial intelligence companies are “scraping the value” from the UK’s £125 billion creative industries, and called on the government to impose stricter copyright protections to safeguard the sector’s future. Speaking to MPs on the Culture, Media and
Press Release:Brighton, UK – International Animal Rescue (IAR) celebrates the 10th anniversary of its successful fundraising event, Cakes for Apes. The month-long campaign aims to raise funds for orangutan conservation efforts by encouraging people to bake and sell cakes.The celebration kicked off on Saturday at
PHILSTAR FILE PHOTOBy Aubrey Rose A. Inosante, Reporter THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P16.63 trillion as of end-February, the Bureau of the Treasury (BTr) reported.Latest data from the BTr showed that the debt jumped by 1.96% from P16.31
PJCOMP-FREEPIKBy Aaron Michael C. Sy, ReporterBANK LENDING growth slowed in February, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.Outstanding loans of universal and commercial banks rose by 12.2% year on year to P13.03 trillion in February from P11.61 trillion in the same period
Dark clouds hover over Metro Manila, March 18, 2025. — PHILIPPINE STAR/MIGUEL DE GUZMANBy Luisa Maria Jacinta C. Jocson, Senior ReporterLENDING to the real estate sector will need tighter supervision amid emerging risks that could impact the financial system, a Philippine central bank report showed.
Trucks are seen along the South Luzon Expressway. — PHILIPPINE STAR/MIGUEL DE GUZMANDOMESTIC TRADE in goods grew by 23.1% to P1.31 trillion in 2024, reflecting the uptick in overall economic activity, analysts said.According to the Philippine Statistics Authority’s (PSA) Commodity Flow in the Philippines report,
East West Banking Corp. to hold virtual Annual Stockholders' Meeting on April 24 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify
BDO Unibank, Inc.: Notice of 2025 Annual Stockholders' Meeting (Second Publication) - BusinessWorld Online BDO Unibank, Inc. will hold its Annual Stockholders’ Meeting on April 25,
MANILAWATER.COMEAST ZONE concessionaire Manila Water Co., Inc. said it is continuing its P95-billion capital expenditure (capex) program for water and wastewater projects, which began in 2023 and will run until 2027.“Manila Water will be undertaking considerable fundraising activities to support its substantial operating and capital
JOSE JUAN Z. JUGOBy Revin Mikhael D. Ochave, ReporterREAL ESTATE company SM Prime Holdings, Inc. is entering the country’s premium residential market.“The premium segment is shock-resistant,” SM Prime Holdings Executive Vice-President and Premium Residential Line Head Jose Juan Z. Jugo said in an interview with
Asian Hospital and Medical Center — ASIANHOSPITAL.COMMETRO PACIFIC Health Corp. (MPH) is aiming to acquire at least four hospitals this year, the company’s president said.“The last two years were rather good, with four transactions made in 2023 and 2024… I’m hoping we can do the