OUTLOOK. Ayala Land, Inc.’s leasing and hospitality group head, Mariana Zobel de Ayala; president and CEO, Ana Ma. Margarita Dy; chief finance officer and treasurer, Jose Eduardo Quimpo II; and premium residential group head, Mike Jugo (left to right) hold a press briefing in Makati City on Friday (Feb. 20, 2026). …
Read More »Business
Inflation in Canada slowed unexpectedly in January to 2.3%, with core measures softening
The absence of a GST/HST holiday this year means data will “remain noisy,” BMO economist says Financial industry observers had expected the inflation rate to stay steady at 2.4 per cent. (Photo by Liang Sen/Xinhua via Getty Images) · Xinhua News Agency via Getty Images Canada’s annual inflation rate slowed to 2.3 …
Read More »Netflix has ample room to increase its offer in battle for Warner Bros
NETFLIX has ample cash and could bump up its offer for HBO Max owner Warner Bros Discovery if competing bidder Paramount Skydance increases its own offer, two people with knowledge of the matter said. The two media giants have been locked in a heated rivalry over Warner Bros and its …
Read More »Nvidia close to investing $30 billion in OpenAI’s mega funding round
NVIDIA is close to finalizing a $30-billion investment in OpenAI, as the chipmaker moves to take a stake in one of its largest customers, a person familiar with the matter said. The investment is part of a fundraising round in which OpenAI is seeking more than $100 billion, the person …
Read More »Meta cuts stock awards by 5% for most employees
Most employees have been told they would receive about 10 per cent less equity this year (Reuters) META reduced its annual distribution of stock options by about 5 percent for most of its staff, as CEO Mark Zuckerberg ploughs billions of dollars into its artificial intelligence goals, the Financial Times …
Read More »Vietnam airlines sign US contracts worth $36.9 billion
WASHINGTON, D.C. — Three Vietnamese airlines announced nearly $37 billion in purchases on Wednesday, in a series of contracts signed with US aerospace companies. The agreements come as Hanoi and Washington continue trade negotiations on US tariffs on Vietnamese products, currently set at 20 percent. The Southeast Asian nation posted eight …
Read More »Grandson of Reese’s Peanut Butter Cups inventor accuses Hershey of recipe changes
Hershey acknowledged some changes to Reese’s product line, to meet demand for innovation The grandson of the inventor of Reese’s Peanut Butter Cups has lashed out at The Hershey Co., accusing the candy company of hurting the Reese’s brand by shifting to cheaper ingredients in many products. (Gene J. Puskar/The …
Read More »AI pioneer Li’s World Labs raises $1 billion in funding
PROMINENT computer scientist Fei-Fei Li’s World Labs raised $1 billion in a funding round as the startup accelerates its efforts to advance “spatial intelligence.” The startup said on Wednesday the investors included chip companies AMD, Nvidia, software firm Autodesk, Emerson Collective, Fidelity Management & Research Company and Sea, among others. …
Read More »Danaher to buy Masimo in $9.9 billion deal in diagnostics push
Masimo headquarters on Dec. 27, 2023, in Irvine, California. The company, known for its pulse oximetry technology, has agreed to be acquired by Danaher (Getty Images) ANAHER, a $150-billion United States company that makes tools used in developing and testing medicines, on Tuesday agreed to buy Masimo for $9.9 billion, …
Read More »Berkshire Hathaway invests in New York Times, trims Apple
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024 (CNBC) BERKSHIRE Hathaway disclosed on Tuesday a new investment in the New York Times, marking its reentry into a sector that Warren Buffett abandoned in 2020 when he sold his conglomerate’s newspaper business. …
Read More »
Atin Ito | Ontario’s First Filipino Community Newspaper – Trusted News and Stories for the Filipino-Canadian Community Atin Ito is Ontario’s first Filipino community newspaper, delivering trusted news, stories, and updates for Filipino-Canadians. Stay connected with your community.
