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

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

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

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, ADB, owners agree to shutter first coal-fired power station early

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.

COP28 summit opens with hopes for early deal on climate damage fund

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.

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LG opens new HVAC Academy and Innovation Center in Pasig, bringing advanced building solutions closer to Filipino users

LG Electronics Philippines has officially launched its new HVAC Academy and Business Innovation Center (BIC) in Pasig City, creating a dedicated space to boost knowledge and showcase the brand’s latest technologies. The facility serves as a hub for engineers, contractors, architects, and business partners to sharpen their skills and experience LG’s commercial solutions directly. It combines hands-on technical training with live demonstrations covering smart building systems, information displays, IT tools, and commercial laundry technologies.

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice 

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice Corporate bulletin After years of keeping its main activities centered in Metro Manila, the Public Relations Society of the Philippines (PRSP) is making history this October 14 as it returns to Cebu and names its first-ever Visayas Regional Chair in its 69-year existence. Titled “STEWARDING PRSP: Amplifying Voices, Building Trust,” the one-day event will gather PR and communications professionals, government and corporate leaders, educators, and students to push for stronger regional representation, better professional standards, and truthful, responsible communication across the country. Doris Isubal-Mongaya, founder and chief executive officer of PRWorks Inc., will officially take on the role of PRSP Visayas Regional Chair — a milestone meant to give Visayas-based practitioners a clearer, louder voice within the national PR community. New members from the region will also be formally inducted into the society during the gathering. “PR cannot be Manila-centric if we want to build a stronger profession,” said PRSP President Ana Pista, APR. “The stories, challenges and expertise of our regions must be part of the national conversation. This is what it means to steward PRSP.” The event will run across two venues. The morning session, from 8:30 a.m. to noon at Event Screen 2 on the third floor of SM City Cebu, focuses on advancing professional practice through the PRSP Professional Development Program. Topics will cover measuring communications effectiveness, handling crises, and communicating responsibly — including the ethical use of artificial intelligence — led by industry experts Jeremiah Rodrigues of CARMA, Paul Michael de Quiros of Full Circle Communications, and Pista herself. This session is open to government and corporate professionals with a registration fee of ₱2,000. In the afternoon, the program shifts to the THINKaMuna: Media and Truth Forum, held from 1 p.m. to 5 p.m. at the Cube Wing Atrium of SM Seaside City Cebu in partnership with MediaQuest Holdings Inc. and THINKaMuna Pilipinas. The free public forum will tackle the spread of misinformation and disinformation and their impact on public trust. Speakers include Mon Isberto of MediaQuest and THINKaMuna Pilipinas, Bea Coronel of TikTok Philippines, and closing remarks from Pista. It is open to all students, educators, and industry practitioners. This Cebu gathering marks a key step in PRSP’s broader push to expand its regional footprint — bringing professional training, leadership opportunities, and advocacy closer to those working outside Metro Manila. The event is made possible through the support of sponsors PMFTC Inc., Meralco, and CARMA.

Analyst flags P1M card charges in Duterte impeachment trial

A forensic financial analyst on Friday identified more than P1 million in credit-card transactions involving retail stores and a restaurant in Japan, Malaysia, and the Philippines during proceedings in Vice President Sara Duterte’s impeachment trial, as House prosecutors scrutinized the financial records of Duterte and her husband, lawyer Manases Carpio.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.
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