Business World

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MANILA, Philipppines — The Philippine National Bank (PNB) will waive InstaPay and PESONet transfer fees for customers using its mobile banking application starting July 10, 2026 joining a growing number of banks offering free online fund transfers. The listed lender on Wednesday said clients using the PNB Digital app would …

SAN FRANCISCO — Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of major US media publishers to carry bite-sized content on its platform. The streaming giant has signed agreements with publishers including Penske Media, BuzzFeed Studios, Conde Nast, …

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WASHINGTON — Microsoft said Monday it was eliminating about 4,800 jobs — roughly two percent of its global workforce — in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division. The cuts include the deepest overhaul in Xbox's history, with approximately 3,200 gaming jobs …

NEW YORK — US prosecutors are seeking leniency at next-week's sentencing of a Turkish-Iranian businessman who admitted to helping Iranians and their government evade sanctions and who provided key testimony at a 2017 corruption trial that strained relations between the U.S. and Turkey. The prosecutors said Monday in a sentencing …

TAIPEI — Taiwan’s Foxconn, the world’s largest contract electronics maker, reported a 39.8-percent year-on-year rise in second-quarter revenue that beat market forecasts on strong demand for artificial intelligence (AI) products, though it cautioned about “volatile” global politics. Revenue for Nvidia’s biggest server maker and Apple’s top iPhone assembler jumped to …

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MANILA, Philippines — The Department of Energy (DOE) on Monday announced that diesel and kerosene prices would increase this week, due mostly to the developments in the Middle East, as well the available supply in the region. Based on DOE data, diesel prices would increase between P1.57 per liter and …

Miriam Villarivera Owner IAM Malunggay Chips DTI (Department of Trade and Industry) helped me conceptualize the packaging of my product until we came out with a final design. I am thankful to DTI for their help.” WHAT began as a simple, wholesome snack for Miriam Villarivera’s family has blossomed into …