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Kimberly-Clark to Buy Tylenol Maker Kenvue for $48.7 Billion
Kimberly-Clark has agreed to buy Kenvue for more than $40 billion, combining the maker of Huggies diapers with the owner of Tylenol and other consumer healthcare products.

By The Financial District
Nov 5, 20252 min read


Chinese Billionaire Who Controls Nexperia Hit for Stealing UK’s Chip Industry
Zhang Xuezheng has often found himself in trouble both in China and abroad.

By The Financial District
Nov 5, 20251 min read


Meta Revenue Up, but Net Income Plunges
The parent company of Facebook, Instagram, and WhatsApp has reported $51.2 billion in third-quarter revenue — a 26% increase from the same quarter a year ago that easily topped estimates of about $49.4 billion.

By The Financial District
Nov 5, 20251 min read


PAGCOR Net Income Up 49% to ₱14.32 Billion in First Nine Months of 2025
The Philippine Amusement and Gaming Corporation (PAGCOR) has announced that its net income for the first three quarters of 2025 reached ₱14.32 billion, a 49% increase from ₱9.63 billion in the same period last year.

By The Financial District
Nov 4, 20252 min read


Nexperia Crisis Cripples Chip Supply for Carmakers
Nexperia was created in 2017 when NXP Semiconductors sold its Standard Products division to two Chinese firms — JAC Capital and Wise Road Capital — for $2.75 billion.

By The Financial District
Nov 3, 20252 min read


PNB and PAL Renew Co-Brand Partnership to Bring More Value to Filipinos
Philippine National Bank (PNB), a subsidiary of LT Group, Inc., and Philippine Airlines (PAL), the country’s flag carrier and a subsidiary of PAL Holdings, Inc., have renewed their co-brand partnership.

By The Financial District
Nov 3, 20252 min read


Nvidia Becomes First $5 Trillion Company in History
Nvidia has become the first company in history to be valued at more than $5 trillion.

By The Financial District
Nov 3, 20251 min read


Samsung to Expand Philippine Operations with ₱50.7-B Investment
President Ferdinand R. Marcos Jr. is ramping up his industrial and energy modernization push, securing new high-technology and clean energy projects from top South Korean conglomerates on the sidelines of the 2025 APEC Summit.

By The Financial District
Nov 3, 20251 min read


Musk Could Leave Tesla if $1 Trillion Pay Plan Is Rejected, Chair Warns
Elon Musk could leave Tesla as CEO if his proposed $1 trillion pay package is not approved.

By The Financial District
Nov 3, 20251 min read


Wall Street Analysts Bullish on Microsoft Corp.
Wall Street analysts are now almost universally bullish on Microsoft Corp., with Guggenheim upgrading the software company to buy from hold ahead of its quarterly results.

By The Financial District
Nov 2, 20251 min read


Century Properties to Deliver 13K Housing Units
Century Properties Group’s PHirst Park Homes Inc. (PPHI) is adding 13,150 new housing units before the end of this year as part of efforts to address the housing backlog in the country.

By The Financial District
Nov 2, 20252 min read


Hormel Recalls 4.9 Million Pounds of Frozen Boneless Chicken
Hormel Foods is recalling nearly 4.9 million pounds of frozen boneless chicken products it sold to restaurants, cafeterias, and other outlets.

By The Financial District
Nov 2, 20251 min read


Air Traffic Controller Shortage Halts Flights to Los Angeles
Flights bound for Los Angeles International Airport (LAX) were briefly halted due to a staffing shortage at a Southern California air traffic facility.

By The Financial District
Nov 1, 20252 min read


Striking Boeing Defense Workers Nix Latest Contract Offer
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that began almost three months ago.

By The Financial District
Nov 1, 20252 min read


U.S. Tech Giants Post Higher Revenues
US technology giants — including Microsoft, Meta, and Alphabet — reported higher revenues for the July–September period, posting gains across the board.

By The Financial District
Oct 31, 20251 min read


AboitizPower Bets on Vietnam’s Growing Energy Market
Aboitiz Power Corporation has taken a decisive step beyond Philippine shores with the acquisition of a 25 percent equity stake in Van Phong Power Company Limited (VPCL).

By The Financial District
Oct 31, 20253 min read


Metro Retail Unveils Premium Lifestyle Store
Metro Retail Stores Group, Inc. (MRSGI) introduced Metro Corner, a new premium lifestyle store format designed to bring modern convenience to vertical communities.

By The Financial District
Oct 29, 20252 min read


Globe Bats for Sustainable Connectivity
Globe took a leading role in shaping the national dialogue on innovation and inclusion at the 51st Philippine Business Conference and Expo (PBC&E), hosted by the Philippine Chamber of Commerce and Industry (PCCI).

By The Financial District
Oct 28, 20252 min read


Intel Stock Jumps as Q3 Earnings Beat Expectations
Intel stock jumped more than 7% in premarket trading on Friday as the chipmaker reported third-quarter earnings and revenue that topped Wall Street expectations.

By The Financial District
Oct 28, 20251 min read


Heineken Lays Out Plan to Grow Beer Sales, Cut Costs
Dutch brewer Heineken said it aims to deliver mid-single-digit organic net revenue growth each year until 2030, with profit growth outpacing that, as it unveiled an updated strategy for the next five years.

By The Financial District
Oct 28, 20251 min read


Toyota to Tell Trump Japan Will Import Cars Made by Its U.S. Subsidiary
Toyota Motor Corp. is expected to inform the U.S. government of plans to import into Japan vehicles it produces in the United States.

By The Financial District
Oct 28, 20251 min read


Europe Firms Agree on Satellite Merger to Counter Starlink
European aerospace groups have unveiled an initial deal to pool their loss-making satellite manufacturing activities, combining forces after months of negotiations to counter the runaway growth of rivals led by Elon Musk’s Starlink.

By The Financial District
Oct 28, 20251 min read


Sellers Cancel Deals with Chinese Oil Refiner Yulong After U.K. Sanctions
Several suppliers have canceled sales of Middle Eastern and Canadian oil to China’s Yulong Petrochemical after the U.K. imposed sanctions on the refiner — a move likely to push it toward purchasing more Russian crude.

By The Financial District
Oct 28, 20251 min read


Ex-Stellantis CEO Sees Tesla Exiting EV Market
Car executives once viewed Tesla as the auto industry’s biggest disruptor. But now, at least one former automotive CEO says the company may eventually pull out of the car business — and could even cease to exist within 10 years.

By The Financial District
Oct 28, 20252 min read
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