Corporate

URC breaks ground for new, leading edge production plant in Malvar

Universal Robina Corp. (URC) has broken ground for its new production plant in Malvar town in Batangas that will showcase its cutting-edge manufacturing process...

Cebu Landmasters secure PCC clearance for joint venture

Listed property developer Cebu Landmasters Inc. said Thursday it has secured regulatory clearance from the Philippine Competition Commission for its joint venture with NTT...

Meta adds exec from key chip partner to board

Meta Platforms on Wednesday added Broadcom CEO Hock Tan to its board of directors, bringing on the head of a company known for its networking chips.

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

Cisco Systems CSCO.O said it would cut 5 percent of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target as the company navigates a tough economy that has led to thousands of layoffs by tech firms this year.

Berkshire trims Apple, sheds four stocks, mum on new investment

Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could be a major...

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