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Nonlife insurers FPG, Mercantile set to merge
Headlines NONLIFE INSURERS FPG Insurance Co., Inc. and The Mercantile Insurance Co., Inc. have agreed to merge, they said in a joint statement...
PHL current account deficit seen to further widen over medium term
Headlines THE PHILIPPINES’ current account deficit could further widen over the medium term as global trade uncertainties affect external demand, Fitch Solutions unit...
BTr sells P507 billion worth of RTBs
Headlines THE GOVERNMENT sold P507.16 billion worth of retail Treasury bonds (RTB), exceeding the target as investors sought better yields. National Treasurer Sharon...
ERC proposes lower open access threshold
Headlines SMALL ELECTRICITY end-users will be able to choose their preferred power supplier soon as the Energy Regulatory Commission (ERC) is now looking...
NG debt to hit P24.7 trillion by 2030; debt&to&GDP ratio to fall to 58% — DoF
Headlines FINANCE Secretary Ralph G. Recto on Monday said the government is working to ensure that economic growth would outpace debt accumulation, as...
Duolingo CEO admits his controversial AI memo ‘did not give enough context’ and insists the company never laid off full&time employees
After receiving backlash for a staff memo posted on LinkedIn, the Duolingo CEO is clarifying that full-time roles are safe. Billionaire Duolingo CEO...
Trump says he’s arranging for Putin and Zelenskyy to meet face to face, followed by meeting of all 3 presidents
“After that meeting takes place, we will have a Trilat, which would be the two Presidents, plus myself.” President Donald Trump says he...
Kumail Nanjiani says Elon Musk did not like HBO’s ‘Silicon Valley’: ‘He was like, all the parties I go to are much cooler than these parties’
In 2018, Musk vigorously denied he had attended a “sex party,” saying he thought it was just a costume party. Kumail Nanjiani, the...
Workers are ‘job hugging’ in a stagnant labor market, but growing resentment means they could bail as soon as the next Great Resignation comes
More employees plan to stick around in their current jobs, despite growing economic concerns stoking resentment toward employers. More employees are planning to...
Wayfair CFO says sellers on the company’s $12 billion marketplace are trying to ‘insulate’ customers from tariffs
Wayfair has been on a rocky ride over the past five years. The home goods category has seen its share of twists and...
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