Business

Philippine Airlines on Monday rolled out its year-end sale for domestic and international flights to entice more passengers to travel. The airline unit of businessman Lucio Tan said the year-end sale is available in all sales channels from Nov. 20 to Dec. 10, 2023. It said that for domestic flights, …

The union that represents thousands of grocery store workers in Ontario says it has reached a tentative agreement with No Frills, averting a strike that could have started as early as Monday.  Workers set to vote on new agreement this week, union says. The union that represents thousands of grocery …

Tech companies like WeWork enter the market with big promises to disrupt and make life better, cooler or easier. At first they’re willing to lose millions of dollars a month, but they eventually start to behave more and more like the incumbents. But by then, the existing industry has been …

President Marcos has teamed up with social media giant TikTok to launch “edutainment” initiatives for micro, small, and medium enterprises (MSMEs).  The President met with TikTok CEO Shou Zi Chew in San Francisco, California on Friday (Saturday in Manila) and shared his desire to utilize TikTok’s huge popularity among Filipinos …

The United Auto Workers union ratified new contracts with Ford and Stellantis that, along with a similar deal with General Motors, will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fuelled vehicles.  UAW members at GM …

At a Glance The Department of Finance (DOF) has pledged its support to the private sector in transforming the Philippine business landscape to be inclusive and sustainable. Finance Secretary Benjamin E. Diokno participated in the ABAC meeting to advance the Philippines’ business interests alongside the private sector. The ABAC serves …

Cannabis company Canopy Growth says it has found a buyer for its Biosteel sports drink business and received a court’s approval to go ahead with the sale of the company.  Ontario entrepreneur buys operating business, but U.S. manufacturing facilities not included. Cannabis company Canopy Growth says it has found a …

A 7-1 majority of the Supreme Court of Canada has ruled that Quebec’s Autorité des marchés financiers can proceed with trying to have Fred Sharp, Canada’s kingpin in the Panama Papers, banned for five years from the province’s stock market.  Province’s AMF sought 5-year ban and $2M fine on Fred …

Video gaming is the most targeted industry for fraudulent digital transactions in the Philippines, while more than one in 20 global digital transactions in the first half of this year were suspected fraudulent, according to an analysis conducted by TransUnion’s global intelligence network. A new analysis by TransUnion (NYSE: TRU), …

Workers at hundreds of Starbucks stores began walking off the job during a key promotional event on Thursday, demanding improved staffing and schedules, the Workers United said on social media platform X.  Canadian locations are not expected to be affected. Workers at hundreds of Starbucks stores began walking off the …