Business

The Warner Bros. Water Tower is pictured at Warner Bros. Studios in Burbank, California, U.S. February 27, 2026. (Reuters/Daniel Cole/File Photo) LOS ANGELES, California — Chinese regulators have cleared the $110-billion merger between Paramount Skydance and Warner Bros Discovery, according to a source familiar with the decision. The antitrust ruling …

At its policy meeting yesterday, the Monetary Board hiked the target reverse repurchase rate by 25 basis points to 4.75 percent. The interest rates on the overnight deposit and lending facilities were also raised to 4.25 percent and 5.25 percent, respectively. (STAR / File)  25 bp increase brings key rate …

GOLDMAN Sachs has managed more than $1 trillion worth of announced mergers and acquisitions​ (M&As) so far in 2026, marking a record pace for any investment bank within a half-year period, the Wall Street giant said in a LinkedIn post citing Dealogic data. The figure comes on the back of …

PIZZA Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands. Yum Brands said on Tuesday that the private equity firm LongRange Capital will buy Pizza Hut, excluding the mainland China business, for about $1.5 …

A view of Bonifacio Global City’s skyline in Taguig on Feb. 8, 2025 (The STAR / Michael Varcas)  MANILA, Philippines — More Philippine companies landed in this year’s edition of the Fortune Southeast Asia 500, a prestigious list of the region’s largest firms by revenue. Entering the 2026 list are …

GCash parent Mynt Inc. yesterday moved to become a publicly listed company after receiving approval from its board of directors to start arranging its initial public offering (IPO) (Graphic by Philstar / John Villamayor)  Long wait over MANILA, Philippines —  E-wallet giant GCash is bringing the potentially largest listing at …

Atty. Francis Saturnino “Nino” Juan Electricity consumers are set to break away from traditional utility monopolies next week, as regulators lower the threshold for market contestability to let households and small businesses choose their own power suppliers. Starting June 26, the Energy Regulatory Commission (ERC) will reduce the minimum demand …

Finance Secretary Frederick Go (Courtesy: Presidential Communications Office) The Philippine government is pursuing 10 double taxation agreements (DTAs) with other countries to encourage greater foreign direct investments and improve the ease of doing business, Department of Finance Secretary Frederick Go said Tuesday. The pipeline includes a recently renegotiated double taxation …

Master trainers on green skills in construction after successfully completing the ILO Korea training programme, strengthening their capacity to promote sustainable and environmentally responsible construction practices. (Courtesy: Minette Rimando/ILO) The Philippine construction sector faces critical green-skills gaps that could hinder its transition to a sustainable and climate-resilient future despite existing …

(IPOPHL photo) The Intellectual Property Office of the Philippines (IPOPHL) is now evaluating Bohol’s application to register the ube variety known as Kinampay as the country’s latest geographical indication (GI), which is seen to strengthen its market value amid growing global demand for ube. In a statement, IPOPHL said it …