With stadiums, theaters closed, Coke 2Q revenue plunges 28%
In this July 20, 2019, photo a Coca-Cola billboard is shown over the left-field at SunTrust Park during a baseball game between the Washington Nationals and Atlanta Braves in Atlanta.…
CEO of parent company of Coach and Kate Spade resigns
In this Feb. 8, 2018, file photo the designs of Stuart Weitzman are displayed in The Pool, in the former Four Seasons Restaurant, during New York Fashion Week. The parent…
LinkedIn laying off nearly 1,000 amid hiring slowdown
In this Monday, June 13, 2016, file photo, the LinkedIn logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange.…
Ex-SEC chair reminder on bid to seize ABS-CBN from Lopezes: There are laws
As President Rodrigo Duterte’s allies in the House of Representatives seek ways to pressure the influential Lopez family to exit ABS-CBN Corp., they should first consider the country’s laws. Following…
‘Harry Potter’ book sales underperform following J.K. Rowling backlash
A customer reads a copy of ‘Harry Potter and the Cursed Child’ on the day of its release in Hong Kong on July 31, 2016. Image: AFP/Anthony Wallace “Harry Potter”…
Vietnam won’t allow new airlines until 2022
Passengers arrive at Tan Son Nhat Airport in HCM City. Due to the current difficulties of local aviation industry, no new airline is allowed to open until 2022 .— Photo…
Pandemic impact felt in construction, too, as projects fall in number, value
The number and value of construction projects in the first quarter of 2020 shrank by over one-fifth as the tail-end of March put a stop to construction works in Luzon…
Treasury: Sale of 5-year RTB breaches P250B in less than 1 week
The Bureau of the Treasury already sold over P250 billion in five-year retail treasury bonds (RTBs) less than a week into its offering, National Treasurer Rosalia V. de Leon said…
Heftier penalties for illicit cigarette traders eyed
MANILA, Philippines – The Department of Finance (DOF) is looking into slapping heftier penalties on unscrupulous traders of illicit cigarettes, who took advantage of higher excise taxes and a dwindling…
BSP releases P10B into economy with reserve requirement cut for smaller banks
BSP Governor Benjamin Diokno. INQUIRER file photo / EARVIN PERIAS MANILA, Philippines — The central bank on Tuesday ordered the release of more liquidity into the local economy, this time…