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Global rich keep luxury property prices rising as Manila, Dubai soar – Knight Frank

Luxury residential property bucked the trend of falling prices in 2023 and rose 3.1 percent, as double-digit gains in the likes of Manila and Dubai offset falls in New York and London, Knight Frank said on Wednesday.

STI Holdings signs deal to acquire Philippine School of Business Administration

STI Education Systems Holdings Inc. said Wednesday its board ratified the execution of a term sheet that would allow it to takeover the operations of Philippine School of Business Administration, or PSBA.

Apple cancels work on electric car, source says

Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.

TikTok shakes up senior roles including in trust and safety unit, Information reports

ByteDance-owned short video app TikTok is replacing several senior executives including the person running its trust and safety unit which handles content moderation, the Information reported on Tuesday, citing people at the company and a memo sent to staff.

Controlling investors at Coca-Cola Ph investing $1 billion over 5 years

Coca-Cola Europacific Partners Plc. (CCEP), the new controlling owners at Coca-Cola Beverages Philippines Inc., has pledged to invest $1 billion into the enterprise over a five-year period.

Just in

Fuel rewards campaign drives loyalty beyond pump

In a market where rising fuel prices test both patience and wallets, Rizal Commercial Banking Corp. and SEAOIL Philippines have turned everyday spending into something closer to aspiration. 

Cisco and NVIDIA make AI infrastructure practical 

If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.
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