Canva announces workforce changes affecting over 1K employees

GMA Network - Nov 4, 2026

Canva is set to make changes to 1,271 jobs, equivalent to 22% of its workforce, as part of a major organizational restructuring after the company experienced its first slowdown in growth in a decade.

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DA seeks more funds to mechanize non-rice crops in 2027

Nov 4, 2026

DA seeks more funds to mechanize non-rice crops in 2027

The Department of Agriculture (DA) is seeking a bigger allocation for farm machinery for crops other than rice under the proposed 2027 national budget, acknowledging that most mechanization funding currently goes to rice production.

San Miguel's food and beverage unit eyes holiday demand pickup as profit dips

Nov 4, 2026

San Miguel's food and beverage unit eyes holiday demand pickup as profit dips

San Miguel Food and Beverage Inc. (SMFB) on Wednesday reported a slight decline in its net income for the first nine months of the year, but expressed optimism that consumer demand would pick up in the fourth quarter, usually its busiest period.

Wingtech rejects Nexperia restructuring, cites ‘discrimination’ towards Chinese investors

Nov 4, 2026

Wingtech rejects Nexperia restructuring, cites ‘discrimination’ towards Chinese investors

Shanghai-listed Wingtech Technology has rejected a restructuring proposal under which it would lose control of Dutch chipmaker Nexperia’s assets outside China, condemning the plan as an “expropriation” driven by discrimination. The stand-off deepens a year-long dispute between Wingtech and Dutch authorities, as the company faces an impending delisting deadline at home, while Dutch Prime Minister Rob Jetten prepares for an official visit to Beijing in the spring. In a statement on Tuesday,...

PH shares rebound on bargain hunting

Nov 4, 2026

PH shares rebound on bargain hunting

Philippine stocks rebounded Wednesday, lifted by bargain-hunting following market weakness in previous sessions.

2 cancer drugs from Li Ka-shing-backed Sequencio garner global attention

Nov 4, 2026

2 cancer drugs from Li Ka-shing-backed Sequencio garner global attention

Two cancer vaccines from Hong Kong-based Sequencio Therapeutics have been selected for presentation at a major US conference, as companies bet on therapies based on ribonucleic acid (RNA) to deliver breakthroughs in cancer treatment. Sequencio, a subsidiary of Li Ka-shing-backed CK Life Sciences, said on Wednesday that it will present preclinical data on cancer vaccine candidates CKLS118 and CKLS202 at the Society for Immunotherapy of Cancer (SITC) conference on Friday in Phoenix, Arizona. The...

Tencent unveils Hy4 as open-weight AI race with DeepSeek, Z.ai, Alibaba heats up

Nov 4, 2026

Tencent unveils Hy4 as open-weight AI race with DeepSeek, Z.ai, Alibaba heats up

Chinese tech giant Tencent Holdings has rolled out its latest flagship artificial intelligence model, Hy4, seeking to challenge top open-weight rivals with enhanced agentic capabilities built to power its enterprise software ecosystem. Released on Wednesday, the large language model (LLM) introduced visual understanding for the first time. Hy4 could process images, analyse complex charts and conduct visual mathematical reasoning, according to the Shenzhen-based company. Tencent said the release...

PhilRatings sees capital market growth with Moody's partnership

Nov 4, 2026

PhilRatings sees capital market growth with Moody's partnership

Philippine Rating Services Corporation (PhilRatings) is expecting accelerated growth and deeper development for the domestic capital market following Moody"s acquisition of a 19.99% stake in the local credit rating agency.

Chinese firms’ third-quarter dividend growth lags global average amid market slump

Nov 4, 2026

Chinese firms’ third-quarter dividend growth lags global average amid market slump

Chinese listed firms’ third-quarter dividend payments lag behind the global average, according to a report by Capital Group, throwing doubt over the effectiveness of Beijing’s ongoing stock market stabilisation plans. In China, dividends only rose 5.3 per cent on a core basis in the third-quarter, compared with global growth of 7.5 per cent, according to the Dividend Watch report released by Capital Group on Wednesday. Globally, 88 per cent of companies in the Capital Group index increased...

PLDT taps PwC Philippines as external auditor as SGV resigns after 24 years

Nov 4, 2026

PLDT taps PwC Philippines as external auditor as SGV resigns after 24 years

Telecom giant PLDT Inc. has officially appointed Isla Lipana & Co./PwC Philippine, a member firm of the PricewaterhouseCoopers (PwC) network, as its independent external auditor, replacing its long-time auditing partners SyCip Gorres Velayo & Co. (SGV & Co.), which resigned after 24 years.

PH leads ASEAN buyers of Cambodian rice in 2026 - USDA

Nov 4, 2026

PH leads ASEAN buyers of Cambodian rice in 2026 - USDA

The Philippines is the leading buyer of Cambodian milled rice among Southeast Asian countries in 2026 as Manila seeks to diversify its sources of imported rice, the United States Department of Agriculture (USDA) said.

Chinese stock investors stay on the sidelines even as state intervention gathers pace

Nov 4, 2026

Chinese stock investors stay on the sidelines even as state intervention gathers pace

Chinese investors refrained from bets on stocks this week, even after Beijing unveiled a litany of measures to shore up confidence in the world’s second-largest equity market. Leveraged traders trimmed their holdings to a one-year low this week, while new stock-account openings dropped by more than 30 per cent in October, according to official data. The retreat in retail enthusiasm contrasted with the government ramping up its efforts to prop up stocks, including liquidity injections through two...

LandBank 9-month net income rises 8% to P37.53B

Nov 4, 2026

LandBank 9-month net income rises 8% to P37.53B

State-run Land Bank of the Philippines (LandBank) on Wednesday reported an 8% increase in net income in the first nine months of the year, driven by the expansion of its core banking operations.

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