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Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Comelec suspends proceedings for people’s initiative to amend Charter

MANILA, Philippines — The Commission on Elections (Comelec) on Monday said it will halt all proceedings related to the signature drive for amending the 1987 Constitution via people’s initiative (PI). This includes the Comelec’s acceptance of signatures in their local offices. In a press conference in Manila, Comelec Chair George Garcia said that the commission.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Marcos, Duterte factions urged to halt bickering

Former rebel solider-turned-senator Gregorio Honasan stressed the ill effects to society posed by bickering among public officials and politicians who belong to opposing interest groups......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

SEC orders Infinity8 to halt operations

The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Manibela to hold protest against PUV modernization program on January 16

(1st UPDATE) Manibela clarifies it is holding a protest, rather than a transport strike, in the hopes the government will halt the implementation of the public utility vehicle modernization program.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2024

NBI-7 entrapment operation nets 9 illegal recruitment suspects in Talisay

CEBU CITY, Philippines —A total of nine individuals landed in jail after they were arrested in an entrapment operation at a beach resort in Barangay Pooc, Talisay City, Cebu, last Sunday, May 12, for being part of a syndicate conducting large-scale illegal recruitment activities across Cebu province. The group is accused of illegally recruiting hundreds.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2024

RCBC income nets P2.2 billion in Q1

Rizal Commercial Banking Corp. reported a net profit of P2.2 billion in the first quarter, 39.4 percent lower compared to the P3.64 billion recorded in the comparable quarter last year......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Megaworld nets P5.02 billion in Q1

Real estate giant Megaworld Corp. is off to a strong start and is gearing up for sustained growth with new township developments lined up this year......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Strawberry farm sting nets 2 drug traders, over P3.7M worth of dried cannabis

Two alleged drug traders trying to smuggle over P3.7 million worth of dried marijuana leaves were cornered in a sting operation at an open parking lot at the Strawberry Farm in barangay Betag, La Trinidad, Benguet Thursday dawn......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

Haus Talk nets P243 million in 2023

Listed property developer Haus Talk Inc. saw its earnings jump by 23 percent to P242.6 million last year as revenue expanded by more than half......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Gripping triumph nets Catantan Olympic berth

Nothing, not even a hurting left knee and a point deduction for a red card, could stop Filipino fencer Samantha Catantan from realizing her Olympic dream......»»

Category: sportsSource:  philstarRelated NewsApr 28th, 2024

Number of fishermen in West Philippine Sea up 60% – BFAR

More Filipino fishermen have begun dropping their nets again in the West Philippine Sea, with a ranking official from the Bureau of Fish.....»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

PBB nets P1.82 billion in 2023

Philippine Business Bank posted a net income of P1.82 billion in 2023, up 39.1 percent or P513 million from the P1.31 billion recorded in 2022, the bank said in a disclosure to the Philippine Stock Exchange......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Cosco nets P12.4 billion in 2023

Lucio Co’s listed retail holding firm Cosco Capital Inc. registered a  slight improvement in profitability in 2023, driven by strong operating performance from all business segments......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Operation Counterflow nets 300 drivers in one week

MANDAUE CITY, Philippines — After a week of launching ‘Operation Counterflow,’ more than 300 drivers were already issued citation tickets by The Traffic Enforcement Agency of Mandaue (TEAM). TEAM Operations Head Arnold Malig-on said on Friday, March 8, that most of the apprehended vehicles were motorcycles, with a few Public Utility Jeepneys (PUJ) also included......»»

Category: sportsSource:  abscbnRelated NewsMar 8th, 2024

SMC’s F& B unit nets record P38 billion in 2023

The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Hot finish nets Green World Championship crown; Saso rallies to 17th

Hannah Green delivered an electrifying performance on the greens, birdieing the last three holes and clinching the Women’s World Championship crown by one over Celine Boutier at Sentosa’s Tanjong course in Singapore Sunday......»»

Category: sportsSource:  philstarRelated NewsMar 3rd, 2024

Big start nets Del Monte 5-point cushion in PAL Interclub golf tilt

Del Monte positioned itself for a potential rare sweep of the PAL Interclub golf team titles by amassing 109 points at the Pueblo de Oro Golf and Country Club Friday, gaining a five-point lead over Eastridge in the first round of the Men’s Regular tournament in Cagayan de Oro City......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

China Bank nets record P22 billion

Higher core business revenues boosted the net income of Sy-led China Banking Corp. by 15 percent to hit an all-time high of P22 billion in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Jimmy Butler returns from 7-game absence, guides Heat past Nets in overtime thriller

Jimmy Butler scored 31 points in a successful return from a sprained toe and hit the go-ahead free throws with.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024