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Friday, 11 July 2025, 8:52 am

    Reuters

    136 POSTS

    Philippines receives $5.3 bln climate finance commitment from Canada

    Environment Reuters Reuters -
    The Philippines and the United Nations Development Program have secured Canada's commitment for $5.3 billion of climate finance, the president's office in Manila said on Wednesday.

    ADB to provide $10 billion climate finance for Philippines

    Environment Reuters Reuters -
    The Asian Development Bank (ADB) said on Monday it will allot $10 billion in climate finance for the Philippines between 2024 and 2029.

    Spotify to cut 1,500 employees in third layoff round this year

    Corporate Reuters Reuters -
    Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17 percent of its headcount, to bring down costs, after letting 600 of its staff go in January, and 200 more in June.

    Copenhagen targets $3B for emerging market greenfield renewables fund

    Energy Reuters Reuters -
    Danish investment firm Copenhagen Infrastructure Partners is looking to raise $3 billion for a new fund focused on building renewable energy projects from scratch in emerging and middle-income countries, the heads of the fund told Reuters.

    US touts climate leadership as oil and gas output hits record

    Environment Reuters Reuters -
    U.S. Vice President Kamala Harris sought to claim the mantle of global climate leadership for the United States on Saturday in a speech to the COP28 summit, listing a slew of initiatives to cut emissions and harness renewable energy in the world's largest oil and gas producer.
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    Agri stakeholders raise red flag on looming U.S. export tariff

    Agriculture 0
    Agricultural stakeholders are sounding the alarm over the looming imposition of a 20 percent tariff on exports to the United States, urging the government to adopt a strategic and cautious approach amid fears of disproportionate trade concessions and domestic market disruptions.

    Ayala welcomes 100 global interns for 2025 Summer Program

    Social Responsibility & Sustainability 0
    The Ayala Group has launched its 2025 Summer Internship Program (AGSIP), welcoming 100 students from 20 schools across the Philippines, the UK, the US, and Canada for a six-week immersion designed to equip them with real-world experience and instill a values-driven approach to leadership.

    EDC eyes 13.5 MW boost for Negros geothermal plant

    Energy 0
    The Department of Environment and Natural Resources (DENR) has scheduled a public scoping on 23 July 2025 for the proposed 13.5 MW expansion of the Palinpinon 1 geothermal plant in Valencia, Negros Oriental.

    Southstar Drug hits 700 stores in 88th year

    Corporate Bulletins 0
    Southstar Drug has reached a major milestone, opening its 700th branch at UP Diliman as it marks its 88th year of service—underscoring a quiet but impactful journey from a single pharmacy in Bicol to a national network championing accessible healthcare.
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    Levi’s raise forecast, shares surge higher

    0
    Shares of Levi Strauss & Co. surged Thursday after the denim giant raised its full-year outlook, buoyed by strong global demand and accelerating direct-to-consumer (DTC) sales—even as fresh U.S. tariffs loom.
    Agriculture

    Agri stakeholders raise red flag on looming U.S. export tariff

    0
    Agricultural stakeholders are sounding the alarm over the looming imposition of a 20 percent tariff on exports to the United States, urging the government to adopt a strategic and cautious approach amid fears of disproportionate trade concessions and domestic market disruptions.
    Social Responsibility & Sustainability

    Ayala welcomes 100 global interns for 2025 Summer Program

    0
    The Ayala Group has launched its 2025 Summer Internship Program (AGSIP), welcoming 100 students from 20 schools across the Philippines, the UK, the US, and Canada for a six-week immersion designed to equip them with real-world experience and instill a values-driven approach to leadership.
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