After decades in a spin, Sonic’s break-out leaves Sega hoping for more
SONIC the Hedgehog TOKYO — Japan’s Sega Sammy Holdings, Inc. is hoping to ride the fast-moving coattails of Sonic the Hedgehog as the character enjoys a renaissance amid a global scramble for entertainment content. This year sees the release of a sequel
T-bill bids rejected as investors seek higher yields
BW FILE PHOTO THE BUREAU of the Treasury (BTr) rejected all Treasury bill (T-bill) bids on Monday even as the offer was oversubscribed as investors asked for higher rates. Bids for the T-bills the government offered on Monday were at P18.54 billion
Telco DITO pilots 5G fixed wireless broadband in Metro Manila
DITO Telecommunity Corp. announced on Monday that it has started the rollout of its fifth-generation (5G) home Wi-Fi offering. The company is piloting its 5G home Wi-Fi service in 146 villages in Metro Manila. “Barangays in the City of Manila, Caloocan, and
CODA lands top SAG award on road to the Oscars
A SCENE from the film CODA LOS ANGELES — CODA, a coming-of-age drama about the only hearing member of a deaf family, won the Screen Actors Guild’s (SAG) top film award, raising its chances of success at next month’s Oscars ceremony. The
UK petrol prices pass the ‘grim milestone’ of 150p for the first time
UK petrol and diesel prices have passed the “grim milestone” of 150p a litre for the first time, with further rises expected as Russia’s invasion of Ukraine pushes up the cost of fuel worldwide. The average price of unleaded petrol climbed
Comparethemarket pulls meerkat ads from TV news after Ukraine invasion
The price comparison website Comparethemarket has pulled its ads featuring the animated Russian meerkat Aleksandr Orlov from news bulletins in light of Vladimir Putin’s invasion of Ukraine. The company, which spends tens of millions on marketing in the UK annually in
Spot market prices fall in Feb. as power firms resume operations
THE AVERAGE wholesale electricity spot market rate fell 13% in February following the improvement of supply with several power generators returning from outages, the Independent Electricity Market Operator of the Philippines (IEMOP) said on Monday. Rates fell to P6.09 per kilowatt-hour
Pandemic-related insurance payouts top P16B
BW FILE PHOTO INSURANCE PAYOUTS associated with the pandemic since the start of the public health crisis amounted to P16.71 billion by the end of 2021, with paid claims during the year more than triple the 2020 level, the Insurance Commission
MWSS to fine Maynilad for service disruptions in southern Metro Manila
THE Metropolitan Waterworks and Sewerage System (MWSS) has ruled that Maynilad Water Services, Inc. failed to meet its service obligations following prolonged water delivery interruptions in its Metro Manila concession area, rendering it liable to a fine. “(We) concluded that Maynilad
Revenue from marked fuel tops P378B
PHILSTAR TAXES collected from marked fuel products amounted to P378.35 billion as of last week, counting back to 2019 when the program started, the Department of Finance said. The volume of marked fuel exceeded 37 billion liters dating to Sept. 4, 2019,