NIKE Inc. posted mixed results for the second quarter of fiscal 2026, reporting revenues of USD12.4 billion and diluted earnings per share of USD0.53, as the sportswear giant pushed forward with its turnaround amid margin pressure and uneven demand.
Union Bank of the Philippines is doubling down on its digital ambitions after its board approved the infusion of up to P1.3 billion in additional capital into its wholly owned subsidiary, UnionDigital Bank Inc.
Globe partnered with the Taguig City government to hold a Children’s Digital Safety Workshop in November, at the CDRRMO Training Plaza in Barangay Central Signal, aiming to help protect young people online.
A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.
The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
The Energy Regulatory Commission plans to extend its suspension of electricity service disconnections through the end of the year, though the policy will feature a narrower target audience to balance relief for consumers with the financial stability of power utilities.