Business World

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PERTH, Australia/ BEIJING, China — Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran, as well as renewed attacks on Lebanon a day earlier. Brent crude futures rose $4.42, or 4.47 percent, to $97.15 a barrel as of 2:09 p.m. (Manila time), …

TOKYO, Japan — Oil prices rose more than three percent on Monday when markets reopened after the weekend, reflecting renewed concerns over Iran's first attack on Israel since an April 8 ceasefire. In early trading, the price of Brent crude, the international benchmark, climbed 3.29 percent to $96.15 a barrel. …

THE government is banking on faster budget execution and stronger project implementation to help accelerate economic growth after a first-quarter slump, a Cabinet official said. “We really would like to catch up after the first quarter growth and the inflation that we've had,” Budget Secretary Kim Robert de Leon told …

SEN. Camille A. Villar has filed Senate Bill (SB) 1591 seeking to strengthen the Philippine corn industry, citing its critical role in national food security, rural employment, and the affordability of staple food and animal feeds. Introduced on Dec. 10, 2025, the proposed measure aims to develop the corn sector, …

Alberta’s premier is floating the idea of making oil and gas companies pay a deposit before they can drill a new well, as the provincial government tries to tackle the large number of old oil and gas wells which require cleanup. Alberta premier says current system isn't working as number …

A peek behind the curtain at how big players in the restaurant industry, who own multiple, seemingly independent restaurants, leverage better buying power as a way to survive post-COVID. A peek behind the curtain at how big players survive post-COVID Play Listen to this article Estimated 7 minutes The audio …

Food prices in Canada could increase by four to six per cent next year, largely led by pricier meat products, according to a forecast by researchers at Dalhousie University. Higher beef prices will push up costs for other meat, according to annual forecast Play Listen to this article Estimated 3 …

The union that represents Air Transat's pilots said on Wednesday that its members have voted overwhelmingly to authorize a strike. Vote gives union authority to declare a strike as soon as Dec. 10, but is not a strike notice in itself Play Listen to this article Estimated 2 minutes The …

The Prada Group closed the purchase of Milan fashion rival Versace in a $1.375 billion US ($1.93 billion Cdn) cash deal that puts the fashion house known for its sexy silhouettes under the same roof as Prada's "ugly chic" aesthetic and Miu Miu's youth-driven appeal. Purchase will bring 'maximalist' Versace …