December 2, 2023
METRO Pacific Tollways Corp. (MPTC) has deferred plans for an initial public offering (IPO) amid talks to merge the expressway businesses of San Miguel Corp. (SMC) and MPTC’s parent firm, Metro Pacific Investments Corp. (MPIC). Rogelio Singson, president and chief executive of MPTC, said the planned IPO, originally set for the third quarter of this
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WASHINGYON, D.C.: Chinese-founded fast fashion giant Shein has confidentially applied to go public in the United States, the Wall Street Journal reported on Monday, calling the move potentially one of the biggest IPOs in years. The offering could come next year, the newspaper said, citing people familiar with the matter and adding that Chinese media
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The writer is professor of public policy at the University of Cambridge and a research theme lead at The Productivity Institute Why are economists — and politicians — obsessed with productivity? For two reasons. The first is that unless productivity is rising, living standards stagnate; productivity growth reflects businesses and public services using inputs of
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The country has just introduced a ban on smoking in some public areas as part of a comprehensive anti-tobacco plan. ADVERTISEMENT France has announced it is banning smoking on beaches as part of a wider campaign to help people quit. By the first half of 2024, the four-year ‘plan anti-tabac’ will also see lighting up
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France will ban smoking on all beaches, in public parks, forests and some other public areas as part of a national anti-tobacco plan presented by the health minister on Tuesday. UK PROPOSES GRADUAL INCREASE IN LEGAL SMOKING AGE TO PHASE OUT YOUTH SMOKING Tobacco products cause 75,000 avoidable deaths a year in France, Minister of
READ MOREThe United Nations ambassadors of the United States and North Korea sparred at the Security Council on Monday over Pyongyang’s first spy satellite launch and the reasons for growing tensions in a rare, direct, public exchange between the adversaries. After a nearly six-year absence, North Korea again started sending its U.N. envoy to Security Council
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Generative AI, with a right selection of cloud, has the true potential to streamline a lot of unstructured data that’s sitting in silos in public sector organisations globally, including India, a top AWS executive said. On Tuesday, Dave Levy, vice president of AWS Worldwide Public Sector, told during the AWS re:Invent 2023 conference that these
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The bloodshed between Israelis and Palestinians has long divided the world, bringing people on to the streets in protest and splitting the international community. The Hamas-led attack of October 7, and Israel's six-week campaign of retaliation in Gaza, has further polarised views, with harrowing scenes from Israel and Gaza dominating news and social media around
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Prime Minister Anthony Albanese says he has been “totally public and transparent” with Australians after the naval incident with a Chinese warship earlier in November. Divers from the Royal Australian Navy suffered minor injuries after an interaction between the HMAS Toowoomba and a navy destroyer from the People’s Liberation Army during a routine operation. The
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Celebrities are often ‘forced’ to make public apologies when their words and actions fall flat among fans, which are typically drawn up by frantic public relations teams. But some A-listers appear to be using a new technique to issue generic and safe ways to say sorry – artificial intelligence. ‘ for her viral tantrum on TikTok,
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