Business World

The Gokongwei Group’s Universal Robina Corporation (URC) was once again ranked high among consumers’ most chosen FMCG (fast-moving consumer goods) brands—showing that its segment-leading products are proving to be consistent favorites among Filipinos. In a statement, URC said Great Taste coffee was ranked as the fourth most chosen beverage brand …

The Securities and Exchange Commission (SEC) and the Department of the Interior and Local Government (DILG) have joined forces to empower local government units (LGUs) in tackling investment scams and promoting financial literacy across the country. The SEC and the DILG signed a memorandum of agreement to formalize their partnership …

A 7-1 majority of the Supreme Court of Canada has ruled that Quebec’s Autorité des marchés financiers can proceed with trying to have Fred Sharp, Canada’s kingpin in the Panama Papers, banned for five years from the province’s stock market. Province's AMF sought 5-year ban and $2M fine on Fred …

Cannabis company Canopy Growth says it has found a buyer for its Biosteel sports drink business and received a court's approval to go ahead with the sale of the company. Ontario entrepreneur buys operating business, but U.S. manufacturing facilities not included Cannabis company Canopy Growth says it has found a …

Gaisano-led Metro Retail Stores Group Inc. (MRSGI) posted a 36.5 percent drop in net income to P254.6 million in the first nine months of 2023 from the P400.7 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said profit decline …

The union that represents thousands of grocery store workers in Ontario says 17 No Frills stores across the province could be on strike as early as Monday unless the company steps up with improved compensation and working conditions. Moves comes after workers at 27 GTA Metro stores won industry-leading contract …

JG Summit Holdings Inc. (JGS), the flagship of the Gokongwei Group and one of the country’s leading conglomerates, reported that its core profits flew 129 percent to P14.9 billion for the first nine months of 2023 from P6.5 billion in the same period last year due to the record performance …

Richest Filipino Manuel B. Villar’s AllDay Supermarket, the country’s leading mid-premium supermarket chain, reported a 154 percent surge in net income to P254 million in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, the firm said this came on the back of a …

The union hasn't posted final vote totals yet, but workers at five large factories who finished voting in the past few days have turned down the four year and eight month deal by fairly large margins. However, UAW president says the deal remains on track for approval A tentative contract …

Canada's housing market has gone into winter hibernation early this year, the group that represents realtors said Wednesday, with new data for October showing fewer sales, fewer new listings, and selling prices mostly flat. Buyer's market in Ontario and British Columbia, economist says Canada's housing market has gone into winter …