Corporate

PAL names Richard Nuttall as new president

Philippine Airlines (PAL) said Wednesday it has appointed Richard Nuttall, a British national and seasoned executive in the aviation industry, as its new president effective 29 May, signaling the flag carrier’s intent to strengthen its leadership and sharpen its international growth strategy.

Tesla misses 1Q earnings estimates as sales slide

Tesla Inc. reported weaker-than-expected first-quarter earnings on Tuesday, highlighting a sharp decline in automotive revenue that underscored the mounting pressures facing the electric vehicle...

SPAVI posts strong 2024 finish, bolstered by 4Q surge and global expansion

Shakey’s Pizza Asia Ventures, Inc., one of the country's top multi-brand food service groups, capped off 2024 with a robust performance driven by aggressive expansion, strategic investments, and sustained consumer demand during the holiday season.

CIBI, SEC forge data-sharing alliance

In a move poised to strengthen corporate transparency and streamline due diligence processes, CIBI Information, Inc., the country's first and only credit bureau, has signed a landmark data-sharing agreement with the Securities and Exchange Commission (SEC). The partnership is aimed at expanding access to verified regulatory data, addressing a long-standing challenge in the country’s financial ecosystem.

Haus Talk reports 51% surge in net income

Philippine Stock Exchange-listed Haus Talk Inc. (HTI) reported a robust 51 percent increase in net income, reaching P365 million, as disclosed in its latest financial statement.

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