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.
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.
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.
Indonesia and the Asian Development Bank have agreed a provisional deal with the owners of the Cirebon-1 coal-fired power plant to shutter it almost seven years earlier than planned, the ADB's senior climate change energy specialist told Reuters.
As global leaders gather in Dubai for the world's U.N. climate conference, delegates hope to clinch an early victory on a disaster fund on Thursday before the summit turns its focus to fossil fuels and other divisive topics.
The launch of the Strategic Asia Marketing Alliance (SAMA) Philippines is opening a new gateway for Filipino brands seeking to expand across Southeast Asia, giving businesses access to a regional network of independent marketing agencies through a single local partner.
Lower food prices, particularly rice, helped cool inflation in June, prompting Agriculture Secretary Francisco P. Tiu Laurel Jr. to push for the extension of the government's price cap on imported rice while sustaining efforts to keep food supplies ample and markets stable.
In an era where a viral post can make headlines by breakfast and disappear by dinner, media relations remains one of the few assets that appreciates with time. Social media, influencer marketing, paid advertising, and artificial intelligence can amplify a message, but they cannot replace the credibility that comes from independent news coverage.
Filinvest Land Inc. (FLI) has turned over a 6,000-square-meter property in Bicutan to the Department of Transportation, paving the way for the construction of the Bicutan Station, a key interchange that will link two of the country's biggest railway projects and reshape commuting across Metro Manila and Southern Luzon.