Corporate
Meta to lay off employees in metaverse silicon unit on Wednesday
Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two...
PSE short selling guidelines take effect immediately
The Philippine Stock Exchange Inc. (PSE) said the guidelines on short selling transactions took effect immediately after regulators gave the go signal on critical components of securities borrowing and lending.
Fruitas buys cloud kitchen equipment from Foodpanda
Fruitas Holdings Inc., a listed food and beverage company, said Tuesday it purchased from Foodpanda cloud kitchen equipment for its wholly-owned subsidiary Fly Kitchen...
ICTSI Australia subsidiary acquires large cargo handling equipment
Victoria International Container Terminal (VICT), a subsidiary of International Container Terminal Services, Inc. (ICTSI) has acquired two new ship-to-shore (STS) cranes in a bid to handle large vessels.
Globe selling 77% ECPay stake to GCash parent for P2.31B
Globe Telecom Inc. said Monday it is unloading its controlling stake in Electronic Commerce Payments Inc., or ECPay, to Gcash’s parent company Globe Fintech Innovations Inc. (Mynt) for P2.31 billion.
