Corporate
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.
Fuel sales drive Top Line earnings to record levels
Top Line Business Development Corp. said Friday net income last year surged 49 percent to P115 million, underscoring the strong growth trajectory of the Cebu-based oil and fuel distributor.
PAL, Alaska Air in loyalty tie-up to boost US-PH connectivity
Philippine Airlines (PAL) and Alaska Airlines (AS) have entered into a loyalty program partnership aimed at enhancing travel flexibility and expanding market reach across the United States and the Philippines. The agreement underscores both carriers’ efforts to strengthen their frequent flyer offerings and network connectivity.
