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TANAUAN CITY — Cigarette manufacturer PMFTC Inc., the local affiliate of US-based Philip Morris International (PMI), wants to purchase more than $120 million (P6.8 billion) worth of locally produced tobacco this year. PMI CEO Jacek Olczak said the comp...

MANILA, Philippines — Citicore Renewable Energy Corp. (CREC) led by tycoon Edgar Saavedra obtained funding of up to P20 billion from Rizal Commercial Banking Corp. (RCBC) to bankroll the construction of its solar power projects. It closed an initial P9...

NEW YORK — The stock price for Donald Trump’s social media company slid again Monday, pushing it more than 66 percent below its peak set late last month. Trump Media & Technology Group closed down 18.4 percent at $26.61 as more of the euphori...

See below Notice of Annual Meeting of the Stockholders’ of Shell Pilipinas Corporation: ADVT....Keep on reading: Notice of Annual Meeting of the Stockholders’ of Shell Pilipinas Corporation

NEW YORK — Goldman Sachs reported higher first-quarter profits Monday on a strong performance across most businesses, benefiting from a boost in merger activity and increased market revenues. Profits were $3.9 billion, up 27 percent from the year-ago p...

MANILA, Philippines — The ridge of a high-pressure area (HPA) is seen to bring warmer weather to parts of North and Central Luzon’s eastern portion on Tuesday, the state weather bureau said. According to the Philippine Atmospheric, Geophysical an...

DETROIT — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoff...

NEW YORK — If you’re feeling sleepy or tired while you read this and wish you could get some more shut-eye, you’re not alone. A majority of Americans say they would feel better if they could have more sleep, according to a new poll. But in ...

NEW YORK  — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges. Retail sales rose 0.7 percent last month — almost double what econo...

LeBron James will be out to extend his 21st NBA campaign on Tuesday when his Los Angeles Lakers open the NBA play-in tournament against the New Orleans Pelicans, the winner booking a playoff meeting with the defending champion Denver Nuggets. The Laker...

That coffee you slurped this morning? It’s 600,000 years old. Using genes from coffee plants around the world, researchers built a family tree for the world’s most popular type of hot beverage, known to scientists as Coffea arabica or simply, “ar...