Category Archives: Business

(L-R) John Stull - President & CEO;Cara Ramirez - Head Communication;Steph Fogoso - Environment Manager; and Ram Maganti - Senior Vice President for Marketing and innovations.

Holcim PH targets 400K beneficiaries of CSR programs by 2020

Building solutions provider Holcim Philippines, Inc. aims to help close to 400,000 people in its communities by 2020 through programs for shelter, infrastructure, education, livelihood, health and safety as part of its social responsibility and sustainability commitments to have a more positive impact on development.

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Samsung Electronics profit dips as phone sales fall

Samsung Electronics said Tuesday its second-quarter net profit dipped slightly from a year earlier, with a fall in smartphone sales mitigated by strong demand for its memory chips.

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Japanese airlines sink on higher fuel costs

Major Japanese carriers All Nippon Airways (ANA) and Japan Airlines (JAL) on Tuesday reported sluggish April-June profits as fuel costs weighed despite higher revenues.

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Asia stocks fall following Wall Street losses

Asian markets fell Monday after a steep decline in the U.S. technology sector weighed on Wall Street at the end of the week despite data showing the economy was growing.

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Deutsche Bank says big-bang restructuring on track

Germany’s biggest lender Deutsche Bank said Wednesday a major restructuring under its new chief executive was in full swing, as it confirmed second-quarter profits that beat analysts’ previous expectations.

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Mark Wahlberg buying auto dealership in Ohio

The 47-year-old actor, producer, businessman and former rapper on Thursday announced he’s launching his first car dealership, Mark Wahlberg Chevrolet in Columbus, Ohio.

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Landbank branches open today to make up for ATM issues

Branches of state-owned Land Bank of the Philippines (Landbank) will be open for business from 8:30am to 3:30pm on Saturday (July 21) to service depositors following problems with its Automated Teller Machine (ATM) network that persisted all day Friday.

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Isentia wins 4th straight Company of the Year at AMEC Awards in Barcelona

Isentia has again been recognized for its leadership in research, measurement and insights at the 2018 AMEC International Communication Effectiveness Awards. Taking home the prestigious Research & Measurement Company of the Year for a fourth consecutive year, Isentia also received five other awards for its work with clients including Harbour City Estates and a large FMCG brand.

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Bank of America 2Q profits boosted by tax law, higher rates

Bank of America’s second-quarter profits jumped 33 percent from a year earlier, the company said Monday, as like nearly all other big banks, it benefited greatly from the new tax law. The bank also benefited from the recent rise in interest rates, allowing it to charge more for customers to borrow.

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Stocks move higher on Wall Street

Stocks are moving higher on Wall Street as worries about trade tensions take a back seat and investors look ahead to company earnings reports.