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Kaspersky Lab eyes Manila office

Russian cybersecurity firm Kaspersky Lab AO is planning to put up an office in the Philippines, in line with plans to expand its footprint in the country.
GMA News Online / Money / Economy

Kaspersky Lab eyes Manila office

Russian cybersecurity firm Kaspersky Lab AO is planning to put up an office in the Philippines, in line with plans to expand its footprint in the country.

Trump weighs draft order targeting Google, Facebook -- reports

President Donald Trump is weighing an executive order that would open federal antitrust and criminal probes into Google, Facebook and other social media firms, US media said Saturday, though the White House promptly distanced itself from the reports.
GMA News Online / Money / Economy

Trump weighs draft order targeting Google, Facebook -- reports

President Donald Trump is weighing an executive order that would open federal antitrust and criminal probes into Google, Facebook and other social media firms, US media said Saturday, though the White House promptly distanced itself from the reports.

Volume of trading on Wall Street spikes on sector reshuffle, quadruple witching

An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.
GMA News Online / Money / Economy

Volume of trading on Wall Street spikes on sector reshuffle, quadruple witching

An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.

Volume spikes on sector reshuffle, quadruple witching

An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.
GMA News Online / Money / Economy

Volume spikes on sector reshuffle, quadruple witching

An overhaul of Wall Street's technology and media sectors coincided with the quarterly expiration of futures and options, bringing a burst of volume to trading late on Friday that could continue in the days that follow.

OPEC and allies struggle to pump more oil as Iran supply falls

OPEC and its allies reduced oil output in August as a drop in Iranian supply due to US sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the energy producers prepared to hold talks in Algiers.
GMA News Online / Money / Economy

OPEC and allies struggle to pump more oil as Iran supply falls

OPEC and its allies reduced oil output in August as a drop in Iranian supply due to US sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the energy producers prepared to hold talks in Algiers.

BSP vows ‘strong monetary action’ on Sept. 27

With just a few days before its policy meeting next week, the Bangko Sentral ng Pilipinas (BSP) on Saturday reiterated its stance to take «strong» monetary actions to address the accelerating inflation.
GMA News Online / Money / Economy

BSP vows ‘strong monetary action’ on Sept. 27

With just a few days before its policy meeting next week, the Bangko Sentral ng Pilipinas (BSP) on Saturday reiterated its stance to take «strong» monetary actions to address the accelerating inflation.

De Lima wants to institutionalize 4Ps for poor families

Opposition Senator Leila de Lima is seeking to institutionalize the Pantawid Pamilyang Pilipino Program (4Ps) as a regular poverty reduction program of the government for qualified poor families across the country.
GMA News Online / Money / Economy

De Lima wants to institutionalize 4Ps for poor families

Opposition Senator Leila de Lima is seeking to institutionalize the Pantawid Pamilyang Pilipino Program (4Ps) as a regular poverty reduction program of the government for qualified poor families across the country.

Port of Manila denies diverting collections to hit target

The Port of Manila on Saturday denied it diverted part of the collection intended for the Port of Batangas, particularly the duties and taxes of Pilipinas Shell Petroleum Corp., to meet its August collection target and prevent the district collector from bein
GMA News Online / Money / Economy

Port of Manila denies diverting collections to hit target

The Port of Manila on Saturday denied it diverted part of the collection intended for the Port of Batangas, particularly the duties and taxes of Pilipinas Shell Petroleum Corp., to meet its August collection target and prevent the district collector from being relieved for missing the target.  

Dow hits new closing high ahead of index reshuffle

Industrials led the Dow to a new closing high on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries.
GMA News Online / Money / Economy

Dow hits new closing high ahead of index reshuffle

Industrials led the Dow to a new closing high on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries.

PSEi up 2.13% on bargain hunting at noon break

Share prices on the Philippine Stock Exchange rallied by more than 2 percent during the morning session on Friday as investors hunted for bargains after days of declines.
GMA News Online / Money / Economy

PSEi up 2.13% on bargain hunting at noon break

Share prices on the Philippine Stock Exchange rallied by more than 2 percent during the morning session on Friday as investors hunted for bargains after days of declines.

PSEi soars 3.48% on bargain hunting

Philippine share prices snapped a nine-day losing streak to stage a rally of more than 3 percent Friday as investors took advantage of an oversold situation.
GMA News Online / Money / Economy

PSEi soars 3.48% on bargain hunting

Philippine share prices snapped a nine-day losing streak to stage a rally of more than 3 percent Friday as investors took advantage of an oversold situation.

Duterte wants LandBank to ease loan requirements for small farmers

President Rodrigo Duterte has directed state-owned Land Bank of the Philippines to ease loan requirements in aid of small farmers, especially those affected by Typhoon Ompong, Malacañang said Thursday.
GMA News Online / Money / Economy

Duterte wants LandBank to ease loan requirements for small farmers

President Rodrigo Duterte has directed state-owned Land Bank of the Philippines to ease loan requirements in aid of small farmers, especially those affected by Typhoon Ompong, Malacañang said Thursday.

Piñol wants to ban ‘fancy rice’ importation

On the heels of the return of the National Food Authority (NFA) under the Department Agriculture (DA), Agriculture Secretary Manny Piñol said Thursday he will propose a ban on importing fancy rice next year in a bid to temper the increasing prices of the com
GMA News Online / Money / Economy

Piñol wants to ban ‘fancy rice’ importation

On the heels of the return of the National Food Authority (NFA) under the Department Agriculture (DA), Agriculture Secretary Manny Piñol said Thursday he will propose a ban on importing fancy rice next year in a bid to temper the increasing prices of the commodity in the country.  

Piñol cancels NFA chief Jason Aquino’s leave

Following the return of the National Food Authority to the Department of Agriculture, Agriculture Secretary Manny Piñol said Thursday he canceled the leave of absence of NFA administrator Jason Aquino.
GMA News Online / Money / Economy

Piñol cancels NFA chief Jason Aquino’s leave

Following the return of the National Food Authority to the Department of Agriculture, Agriculture Secretary Manny Piñol said Thursday he canceled the leave of absence of NFA administrator Jason Aquino.

PHL shares enter bear territory on Ompong’s inflationary impact

Philippine shares traded lower in a sell-off on Thursday that plunged the market back into bear territory amid inflation jitters related to the destruction of crops and infrastructure by Typhoon Ompong.
GMA News Online / Money / Economy

PHL shares enter bear territory on Ompong’s inflationary impact

Philippine shares traded lower in a sell-off on Thursday that plunged the market back into bear territory amid inflation jitters related to the destruction of crops and infrastructure by Typhoon Ompong.

Benguet Corp., DENR liable for deaths in Itogon landslide

Benguet Corporation and the Department of Environment and Natural Resources should be held liable for the deaths of at least 20 small-scale miners and 57 others missing in Itogon, Benguet due to a landslide caused by typhoon Ompong, an expert on ecology and t
GMA News Online / Money / Economy

Benguet Corp., DENR liable for deaths in Itogon landslide

Benguet Corporation and the Department of Environment and Natural Resources should be held liable for the deaths of at least 20 small-scale miners and 57 others missing in Itogon, Benguet due to a landslide caused by typhoon Ompong, an expert on ecology and the environment said Wednesday.  

Peso hitting P58:$1 in 2019 ‘highly unlikely’ --Diokno

Budget Secretary Benjamin Diokno on Wednesday dismissed claims that the Philippine peso will sink against the greenback to P58:$1 in 2019.  
GMA News Online / Money / Economy

Peso hitting P58:$1 in 2019 ‘highly unlikely’ --Diokno

Budget Secretary Benjamin Diokno on Wednesday dismissed claims that the Philippine peso will sink against the greenback to P58:$1 in 2019.  

Asian firms’ confidence sinks to near 3-year low on trade war fears

JAKARTA -- Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.  
GMA News Online / Money / Economy

Asian firms’ confidence sinks to near 3-year low on trade war fears

JAKARTA -- Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.  

Canada's Trudeau under growing pressure to get NAFTA deal done

Business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal.
GMA News Online / Money / Economy

Canada's Trudeau under growing pressure to get NAFTA deal done

Business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal.

Asian stocks, US bond yields rise as trade row fails to dent confidence

Asian stocks rose and US Treasury yields hovered near four-month highs on Wednesday, as investors looked past the latest escalation in the US-China trade conflict, seen by some market participants as less severe than expected.
GMA News Online / Money / Economy

Asian stocks, US bond yields rise as trade row fails to dent confidence

Asian stocks rose and US Treasury yields hovered near four-month highs on Wednesday, as investors looked past the latest escalation in the US-China trade conflict, seen by some market participants as less severe than expected.

Price ceiling or control may be considered if prices fail to go down --DTI

Imposing a price ceiling or price control may be considered by the Department of Trade and Industryif current measures taken to address the rising prices of basic goods do not take effect, Trade Secretary Ramon Lopez said Wednesday.
GMA News Online / Money / Economy

Price ceiling or control may be considered if prices fail to go down --DTI

Imposing a price ceiling or price control may be considered by the Department of Trade and Industryif current measures taken to address the rising prices of basic goods do not take effect, Trade Secretary Ramon Lopez said Wednesday.

Ferrari plans 15 new models, SUV to deliver earnings growth

Ferrari plans 15 new models, including hybrids, a utility vehicle and special editions in its drive to hit a softened but still exacting mid-term earnings target.
GMA News Online / Money / Economy

Ferrari plans 15 new models, SUV to deliver earnings growth

Ferrari plans 15 new models, including hybrids, a utility vehicle and special editions in its drive to hit a softened but still exacting mid-term earnings target.

Audi launches electric SUV in Tesla's backyard, with assist from Amazon

German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc, and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.
GMA News Online / Money / Economy

Audi launches electric SUV in Tesla's backyard, with assist from Amazon

German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc, and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.

SeaWorld, ex-CEO settle SEC charges they hid 'Blackfish' impact

SeaWorld Entertainment Inc and former Chief Executive James Atchison will pay more than $5 million to settle U.S. Securities and Exchange Commission charges that they misled investors about the negative impact of the documentary «Blackfish» on th
GMA News Online / Money / Economy

SeaWorld, ex-CEO settle SEC charges they hid 'Blackfish' impact

SeaWorld Entertainment Inc and former Chief Executive James Atchison will pay more than $5 million to settle U.S. Securities and Exchange Commission charges that they misled investors about the negative impact of the documentary «Blackfish» on the company.

Bakeshop owners hold off price increase, pleads to sugar millers to lower costs

They have managed to keep the cost of bread down by making internal changes like optimizing delivery schedules to save on gas.
GMA News Online / Money / Economy

Bakeshop owners hold off price increase, pleads to sugar millers to lower costs

They have managed to keep the cost of bread down by making internal changes like optimizing delivery schedules to save on gas.

Palace hopes inflation won’t spike after Supertyphoon Ompong

Malacañang said Tuesday it is hoping that the damage sustained by the agriculture sector from Typhoon Ompong will not stoke inflation pressures.  
GMA News Online / Money / Economy

Palace hopes inflation won’t spike after Supertyphoon Ompong

Malacañang said Tuesday it is hoping that the damage sustained by the agriculture sector from Typhoon Ompong will not stoke inflation pressures.  

San Miguel has submitted revised draft terms for Bulacan airport -- DOTr

The construction of a new major airport in Bulacan is getting closer to commencing as discussion on the concession terms between proponent San Miguel Corporation (SMC) and the government is about to be finalized, the Department of Transportation (DOTr) said T
GMA News Online / Money / Economy

San Miguel has submitted revised draft terms for Bulacan airport -- DOTr

The construction of a new major airport in Bulacan is getting closer to commencing as discussion on the concession terms between proponent San Miguel Corporation (SMC) and the government is about to be finalized, the Department of Transportation (DOTr) said Tuesday.

Nestle agrees to sell insurance unit for $1.55 billion

Nestle said Monday that it had agreed to sell its Gerber Life Insurance unit for $1.55 billion (1.3 billion euros), in the company's latest bid to redouble its focus on food and beverage.
GMA News Online / Money / Economy

Nestle agrees to sell insurance unit for $1.55 billion

Nestle said Monday that it had agreed to sell its Gerber Life Insurance unit for $1.55 billion (1.3 billion euros), in the company's latest bid to redouble its focus on food and beverage.

US stock futures drop after Trump slaps new tariffs on China

US stock futures dropped and Asian shares are expected to come under renewed pressure on Tuesday after US President Donald Trump said he will impose 10 percent US tariffs on about $200 billion worth of Chinese imports.
GMA News Online / Money / Economy

US stock futures drop after Trump slaps new tariffs on China

US stock futures dropped and Asian shares are expected to come under renewed pressure on Tuesday after US President Donald Trump said he will impose 10 percent US tariffs on about $200 billion worth of Chinese imports.