The Barbie movie, starring Margot Robbie as Barbie and Ryan Gosling as Ken, has been embraced wholeheartedly in the Philippines. Since its release on July 19, the Barbie frenzy has taken over the country, leading to exciting […]
Cineworld suspends trading on London Stock Exchange as restructuring plans limp on
<?xml encoding=”utf-8″ ?????????> Beleaguered Cinema chain Cineworld will suspend its listing on the London Stock Exchange today as it limps on with a restructuring plan to reduce its massive mountain of debt. The British chain revealed it would file for administration and stop trading on the exchange last month as […]
McDonald’s PHL puts the spotlight on its managers as they lead the growth of the Golden Arches
With over 40 years in the QSR industry, McDonald’s attributes its continued success and growth to its people – store managers and crew, who work to ensure the smooth operations of each McDonald’s store and deliver feel-good […]
Building permits down 1.9% in first three months
PHILSTAR Approved building permits declined by 1.9% year on year in the first quarter of the year, mainly due to lower residential constructions, the Philippine Statistics Authority (PSA) reported on Friday. Construction starts, measured by building permit […]
Expenses weigh on Philex Mining’s Q2 profits
Philex Mining Corp. on Thursday reported an attributable net income of P314.56 million for the second quarter, down 55.62% from P708.85 million a year earlier, amid lower operating revenues and higher expenses. The listed gold and copper […]
Residential property prices increase by 10.2% in first quarter
REUTERS By Keisha B. Ta-asan, Reporter Residential property prices rose by 10.2% in the first quarter, mainly driven by higher costs of duplex housing units, single-detached/attached houses, townhouses, and condominium units, the Bangko Sentral ng Pilipinas (BSP) […]
NG budget deficit narrows in first half
BW FILE PHOTO By Luisa Maria Jacinta C. Jocson, Reporter The National Government’s (NG) budget gap narrowed in the first half of the year, as revenues surged and spending slowed, the Bureau of Treasury (BTr) reported on […]
London ULEZ expansion legal, High Court rules
<?xml encoding=”utf-8″ ?????????> The expansion of ultra-low emission zone (ULEZ) to outer London boroughs. has been ruled as lawful by the High Court. Five Conservative-run councils had launched legal action back in February over the expansion of the Ultra Low Emission Zone (ULEZ) to London’s outer boroughs. The scheme will […]
House of Fraser owner could close more big shops as department store model ‘broken’
<?xml encoding=”utf-8″ ?????????> The owner of House of Fraser has said it could close more stores, after shutting eight in the past year and declaring “the department store globally is broken”. Michael Murray, the chief executive of Mike Ashley’s retail empire Frasers, which also owns Sports Direct, the designer street […]
Britain loses 6,000 retail outlets in five years as shops close
<?xml encoding=”utf-8″ ?????????> Britain has lost 6,000 storefronts in five years, new figures show, with financial pressures forcing shop owners to close their stores and leave cities with undesirable “gap-toothed high streets”. Covid, the cost of living crisis and “crippling” business rates are causing businesses to desert retail spaces, and […]