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Cemex Holdings completes sale of reinsurance unit
CEMEX PHILIPPINES FACEBOOK ACCOUNT CEMEX Holdings Philippines, Inc. (CHP) has completed the sale of its shares in a foreign subsidiary....
Peso may hit P60 early next year — DBS
THE PHILIPPINE PESO could hit the P60-per-dollar level in the first half of 2025, DBS Bank said. In a recent...
IDC Prime, Dusit to develop 2 upscale hotels in Mindanao
Dusit Thani Manila IDC Prime, Inc., a subsidiary of real estate developer Italpinas Development Corp., has partnered with Thai hospitality...
Knorr credits PHL market for part of €5-B global turnover
FOOD BRAND Knorr has reported €5 billion (about P308 billion) in global turnover as it looks to further expand its...
Government-backed council to champion ‘unsung’ mid-sized businesses
A government-supported group is being established to represent the UK’s mid-sized businesses, often overlooked despite their significant contribution to the...
Bank of England warns of growing financial risks from trade war
The Bank of England has warned that escalating trade wars, geopolitical instability, and mounting global debt levels are amplifying risks...
FCA over-regulation risks choking crowdfunding and harming small businesses
The Financial Conduct Authority (FCA) has come under fire for its stringent regulation of the crowdfunding industry, which critics claim...
BAE Systems to recruit record 2,400 trainees in 2025
BAE Systems, the UK’s largest defence company, is set to recruit a record 2,400 apprentices, undergraduates, and graduates next year,...
Stellantis chief quits following fallout over Luton van factory closure
Carlos Tavares, chief executive of automotive giant Stellantis, has stepped down with immediate effect following a reported fallout with the...
Asda faces financial challenges as £900m Walmart repayment looms
Concerns are growing over Asda’s financial stability as the UK supermarket giant faces a £900 million repayment to its former...
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