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Oil heads for weekly fall on demand worries, dollar strength

Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.

Ayala Group takes controlling stake in EV battery swapping joint venture

Ayala Corp. said Friday that along with a Globe Telecom Inc. subsidiary, it has taken a controlling stake in an electric vehicle battery swapping joint venture with a unit of Nasdaq-listed Gogoro Inc.

LTFRB lifts ban on sale of CPCs

THE Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday announced the lifting the prohibition on the sale and transfer of Certificates of Public Convenience (CPC) for Public Utility Vehicles (PUVs).

Aurora, Quezon declared avian influenza-free provinces

The Department of Agriculture (DA) on Thursday cleared the province of Aurora and Quezon from avian influenza (AI).

China quietly recruits overseas chip talent as US tightens curbs

For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.

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Fortinet boosts AI security solution with NVIDIA technology

Fortinet, a global leader in cybersecurity, has announced it is accelerating its FortiAIGate solution using NVIDIA’s AI platforms and software. The partnership creates a combined security system designed to protect AI workloads, data, and autonomous agents in real time across data centers and cloud environments. It lets organizations safely build, run, and scale AI tools while keeping performance high and meeting governance rules.

INC rallies behind Senator Marcoleta amid plunder case

Thousands of members of the Iglesia Ni Cristo (INC), clad in white shirts bearing the words "Accountability" and "Transparency," gathered Monday at Liwasang Bonifacio in Manila and the EDSA People Power Monument, causing heavy traffic as they protested the plunder case filed against Senator Rodante Marcoleta and his reported impending arrest. In a statement, the religious group said it was not opposing the enforcement of the law but objecting to what it described as its selective application to conceal corruption. The INC claimed the case was intended to silence Marcoleta's anti-corruption campaign, declaring that "selective justice is injustice."

Business seeks clearer PPP rules to fasttrack projects

The private sector is pushing for clearer merger exemption rules for public-private partnership (PPP) projects, arguing that greater regulatory certainty would accelerate infrastructure investments without compromising market competition.

Meralco recognized for leading Luzon’s consumer choice programs

The Manila Electric Company (Meralco) has received recognition from the Energy Regulatory Commission (ERC) for registering the highest number of participants in customer choice programs across Luzon.

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