OpenAI said it will discontinue Sora, its high-profile text-to-video app, just six months after launch, underscoring a strategic pivot toward more commercially viable artificial intelligence products.
The National Price Coordinating Council (NPCC) has approved a proposal from the Department of Agriculture to set a temporary price ceiling of ₱50 per kilogram on imported rice (5 percent broken).
Lorenzo Shipping Corporation has secured regulatory approval to double its authorized capital stock to P2 billion, a move that paves the way for the capital infusion of National Marine Corp. (NMC) and further capital raising to fund expansion.
Shell Pilipinas Corp. reported sharply higher earnings in 2025, underscoring stronger operational discipline and improved cash generation despite a volatile energy market backdrop.