Thursday, 01 May 2025, 3:34 pm

Reuters

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Philippines launches maiden sukuk bonds sale

The Philippines, one of Asia's most active sovereign debt issuers, has launched its maiden sukuk bonds issue, according to a government announcement on Monday, mandating banks involved to arrange the sale.

UN aviation meeting agrees to goal of 5% lower emissions by 2030

A meeting of more than 100 countries on Friday agreed to an interim goal for emissions reductions from global aviation by 2030 by using less-polluting fuels, but China, Russia and some others aired concerns about the impact on their economies.

US, Britain, other countries ink agreement to make AI ‘secure by design’

The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for companies to create AI systems that are "secure by design."

OpenAI researchers warned board of AI breakthrough ahead of CEO ouster -sources

Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers sent the board of directors a letter warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters. 

Japan cuts view on economy for first time in 10 months

Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.

Just in

Cebu Pacific launches Labor Day seat sale

Cebu Pacific, the country's largest carrier, has announced another major round of promotional fares aligned with Labor Day, reinforcing its aggressive pricing strategy to stimulate both domestic and international travel demand.

Cebu steel, property group renews clean energy pact with First Gen

First Gen Corp. has renewed its renewable energy (RE) supply agreement with Cebu-based Chioson Group of Companies and FLB Prime Holdings Inc., a move that underscores the growing corporate shift toward sustainability in the manufacturing and real estate sectors.

DOTr orders Cathay Pacific to explain passport mishandling incident

CEBU CITY — The Civil Aeronautics Board (CAB) has directed Cathay Pacific to formally explain an incident involving the alleged mishandling of a passenger’s passport that led to a denied boarding at Mactan-Cebu International Airport earlier this month.

DOTr opens bidding for P252.8-M EDSA Busway rehab

The Department of Transportation (DOTr) has started the bidding process for Phase 1 of the EDSA Busway station rehabilitation project, with an approved budget contract of P252.8 million. The agency said any bid exceeding this amount will be automatically disqualified.
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