
Rolls-Royce hires BP exec to spearhead overhaul
The new chief executive of British aircraft engine maker Rolls-Royce on Tuesday named an executive from his former employer BP to help overhaul the aerospace giant.
The new chief executive of British aircraft engine maker Rolls-Royce on Tuesday named an executive from his former employer BP to help overhaul the aerospace giant.
US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair Jerome Powell warned Tuesday, adding that stronger-than-expected economic data could bring more rate hikes.
German auto giant Volkswagen posted higher operating profits and sales in 2022, in line with its forecasts, but missed its cash flow target due to supply problems, according to preliminary figures published Tuesday.
The Rothschild family is set to take its investment bank private as its holding company announced plans Monday to buy out the shares it does not own in the centuries-old business.
The bilyonaryo Sy-blings are hiring new managers to oversee operations of various BDO branches nationwide.
Indonesia’s economic growth accelerated to a nine-year high in 2022 despite global uncertainty and a final-quarter slowdown, official data showed Monday, owing to soaring commodity prices and easing Covid-19 curbs.
Australia on Monday asked China to resume “unimpeded trade” as ministers from the two countries held talks to repair their strained relationship.
US-based Newmont Corporation, one of the world’s leading gold mining firms, made an offer Monday to buy out Australian rival Newcrest for about $17 billion.
The Ayala-controlled Bank of the Philippine Islands has to fork out a nine-digit penalty as punishment for failing to comply with the registration of its stock options.
Union Bank of the Philippines, the banking arm of the Aboitiz clan, just raised P12 billion from a stock rights offering
State-run Land Bank of the Philippines grew its net income by 38.2 percent to P30.1 billion last year, breaching its target by nearly P5 billion.
Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion.
The market rout suffered by Indian tycoon Gautam Adani is the latest corporate scandal to plague one of the world’s largest economies despite Prime Minister Narendra Modi’s efforts to root out corruption.
China’s economy is expected to contribute a quarter of global growth this year, the International Monetary Fund said Friday, although uncertainty around Covid-19 and the property sector could stifle momentum.
Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has lost in a phenomenal stock rout — was due to Prime Minister Narendra Modi, as shares in his conglomerate fell again.
Self-styled fintechpreneur Marvin Dela Cruz is now exploring legal remedies after the Bangko Sentral ng Pilipinas (BSP) cancelled Squidpay’s registration and license to operate for multiple violations.
Earnings of Ayala-led Bank of the Philippine Islands (BPI) surged by 66 percent in 2022 to a record P39.6 billion.
Luxury Italian carmaker Ferrari on Thursday reported outstanding” results for 2022, with a record net profit and double-digit growth in orders, and predicted another bumper year to come.
The new chief executive of British aircraft engine maker Rolls-Royce on Tuesday named an executive from his former employer BP to help overhaul the aerospace giant.
US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair Jerome Powell warned Tuesday, adding that stronger-than-expected economic data could bring more rate hikes.
German auto giant Volkswagen posted higher operating profits and sales in 2022, in line with its forecasts, but missed its cash flow target due to supply problems, according to preliminary figures published Tuesday.
The Rothschild family is set to take its investment bank private as its holding company announced plans Monday to buy out the shares it does not own in the centuries-old business.
The bilyonaryo Sy-blings are hiring new managers to oversee operations of various BDO branches nationwide.
Indonesia’s economic growth accelerated to a nine-year high in 2022 despite global uncertainty and a final-quarter slowdown, official data showed Monday, owing to soaring commodity prices and easing Covid-19 curbs.
Australia on Monday asked China to resume “unimpeded trade” as ministers from the two countries held talks to repair their strained relationship.
US-based Newmont Corporation, one of the world’s leading gold mining firms, made an offer Monday to buy out Australian rival Newcrest for about $17 billion.
The Ayala-controlled Bank of the Philippine Islands has to fork out a nine-digit penalty as punishment for failing to comply with the registration of its stock options.
Union Bank of the Philippines, the banking arm of the Aboitiz clan, just raised P12 billion from a stock rights offering
State-run Land Bank of the Philippines grew its net income by 38.2 percent to P30.1 billion last year, breaching its target by nearly P5 billion.
Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion.
The market rout suffered by Indian tycoon Gautam Adani is the latest corporate scandal to plague one of the world’s largest economies despite Prime Minister Narendra Modi’s efforts to root out corruption.
China’s economy is expected to contribute a quarter of global growth this year, the International Monetary Fund said Friday, although uncertainty around Covid-19 and the property sector could stifle momentum.
Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has lost in a phenomenal stock rout — was due to Prime Minister Narendra Modi, as shares in his conglomerate fell again.
Self-styled fintechpreneur Marvin Dela Cruz is now exploring legal remedies after the Bangko Sentral ng Pilipinas (BSP) cancelled Squidpay’s registration and license to operate for multiple violations.
Earnings of Ayala-led Bank of the Philippine Islands (BPI) surged by 66 percent in 2022 to a record P39.6 billion.
Luxury Italian carmaker Ferrari on Thursday reported outstanding” results for 2022, with a record net profit and double-digit growth in orders, and predicted another bumper year to come.
“Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.