Central banks’ hopes for supply chain miracle may be dashed by China, Ukraine
REUTERSWASHINGTON — Global central banks hoping that high inflation would ease through improving global supply chains saw little relief through April as new coronavirus lockdowns in China and the war in Ukraine lengthened delivery times and drove costs higher, new
Stranger Things goes deeper and darker in fourth season
THE ADVENTURES of Mike, Lucas, Dustin, Max, Will, and Eleven continue despite their separation and having to adjust to life as teenagers in the fourth season of Stranger Things, which the stars describe as “the beginning of the end.”Since its
PLDT group, US partner to test space-based broadband
By Arjay L. Balinbin, Senior ReporterTHE PLDT group announced on Thursday that it intends to conduct a space-based cellular broadband testing in the country with its US-based partner AST SpaceMobile.PLDT’s wireless arm Smart Communications, Inc. and AST SpaceMobile recently presented
Performing artists push for copyright protection from AI deepfakes
PHILIPP KATZENBERGER/UNSPLASHTBILISI — When a friend messaged voice actor Bev Standing to ask whether she was the voice of TikTok’s text-to-speech feature, the Canadian performer’s surprise soon turned to irritation.She had never done work for the popular social media platform,
Puregold targets 25 new stores nationwide in 2022
By Revin Mikhael D. Ochave, ReporterPUREGOLD Price Club, Inc. is aiming to establish 25 stores across the country in 2022 as part of its expansion plans nationwide.Puregold Vice-President for Operations Antonio E. De Los Santos said in a press conference
Sony readies for metaverse revolution with cross-platform push
NIKITA KOSTRYKIN/UNSPLASHTOKYO — Japanese conglomerate Sony Group Corp. said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will massively disrupt industries and establish new powerhouses.The metaverse is a vague term
SEC proposes rules for PERA investment products
THE Securities and Exchange Commission (SEC) proposed rules for the qualification and eligibility of personal equity and retirement account (PERA) investment products.In an advisory dated May 17, the commission listed examples of eligible PERA investment products, which can be a
Stocks slide on Wall Street’s decline, BSP move
SHARES slid on Thursday following Wall Street’s decline overnight and the Bangko Sentral ng Pilipinas’ (BSP) announcement of a 25-basis-point (bp) increase in borrowing costs at its policy review.The benchmark Philippine Stock Exchange index (PSEi) fell by 67.55 points or
Peso ends unchanged vs dollar after central bank’s decision
BW FILE PHOTOTHE PESO ended flat versus the greenback on Thursday after the central bank hiked benchmark interest rates for the first time since 2018 and amid the decline in global oil prices.The local unit closed at P52.45 per dollar
Invest more to help ease cost of living crunch, Sunak tells business chiefs
The chancellor Rishi Sunak has called on businesses to ramp up investment in training and innovation to help alleviate a cost of living squeeze, in a speech to the country’s top business chiefs last night. Speaking to the Confederation of British