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Japan cuts view on economy for first time in 10 months

Markets Reuters Reuters -
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.

Union Bank starts offer of new series senior fixed-rate bond

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines on Monday started the public offer of its 1.5-year senior fixed rate series F bonds due 2025 and its 3-year senior fixed rate series G bonds due 2026. The offer ends 29 November.

GM’s Cruise robo-taxi CEO resigns from company

Transport & Logistics Reuters Reuters -
The CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet.

Small modular nuclear reactor project discontinued in the US

Energy & Mining Context.ph Context.ph -
The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.

CAB keeps airline fuel surcharge unchanged for December

Transport & Logistics Context.ph Context.ph -
The Civil Aeronautics Board (CAB) has maintained the passenger and cargo fuel surcharge to level 7 for December due to lower jet fuel prices. 
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Expanded work-from-home rule eases pressure on IT-BPM firms

Communications & Technology 0
The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

AI-Driven identity attacks surge worldwide, new report warns

Communications & Technology 0
A new report from biometric identity verification solutions provider iProov says cybercriminals are increasingly using artificial intelligence to carry out identity-based attacks at a much larger scale, raising risks for businesses and digital platforms.

Home Credit offers early access, flexible payments for new MacBook Neo

Corporate Bulletins 0
Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.

Globe launches new postpaid features for modern users

Communications & Technology 0
Globe Telecom has unveiled a major upgrade to its postpaid services, introducing a wide range of new features aimed at meeting the fast-changing needs of Filipino consumers.

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