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Sanofi sells 50% stake on self-care brand Opella

Opella, a global leader in self-care, enters a transformative phase as Sanofi finalizes the sale of a 50 percent controlling stake to Clayton, Dubilier & Rice (CD\&R). Sanofi retains a significant 48.2 percent shareholding, with Bpifrance holding 1.8 percent.

ING delivers €1.46B net profit in 1Q2025 amid strong fee income and deposit growth

ING Group reported a net profit of €1,455 million for the first quarter of 2025, underpinned by strong commercial momentum and robust financial performance across both retail and wholesale banking  segments.

RELX unit marks decade in Iloilo, cites tech-driven growth and strategic role

Reed Elsevier Shared Services (Philippines) Inc., the business process outsourcing arm of UK-based RELX plc, has reaffirmed its Iloilo operations as a strategic hub for its global services, citing significant growth in tech talent and evolving service capabilities over its 10-year presence in the city.

GSIS opens new Baguio branch

The Government Service Insurance System (GSIS) has inaugurated its new Baguio branch office, marking a significant investment in infrastructure and digital service delivery for over 40,000 members and pensioners in the Cordillera region.

NNIC removes 27 abandoned aircraft in NAIA cleanup

The New NAIA Infrastructure Corp. (NNIC) is launching a long-overdue cleanup operation at Ninoy Aquino International Airport (NAIA), targeting 27 abandoned aircraft that have clogged the general aviation area for years.

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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

Solid Group, Singaporean partner plan USD40M solar venture

Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.
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