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VERMOSA, a mixed-used estate of property giant Ayala Land, Inc. (ALI), is set to debut a fitness facility in southwest Metro Manila. Ayala Land said on Monday that the Vermosa Sport Hub would be opened to the public in the first quarter of 2018. “It’s meant to be a complete…

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ONLINE shopping platform Zalora aims to beef up its position in the local fashion e-commerce market this year. “We plan to maintain our market leadership going into next year and beyond,” Paulo Campos III, chief executive officer of Zalora Philippines, told The Manila Times. Campos conceded that while market share…

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LONDON: British energy giant BP said Tuesday it will take an additional charge of $1.7 billion (1.4 billion euros) in the fourth quarter of 2017 linked to the Gulf of Mexico oil spill disaster in 2010. And BP said in a statement it also expects to be hit by an…

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DETROIT: The chief executive of Daimler said Monday at the Detroit auto show that his company cannot currently guarantee it can meet tougher European CO2 emissions standards taking effect in several years. Dieter Zetsche, CEO of the maker of Mercedes-Benz luxury vehicles, told reporters he “can’t guarantee” to meet tightening…

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SYDNEY: Australia’s Qantas has changed its website classification of Taiwan and Hong Kong from separate countries to Chinese territories after Chinese regulators scolded several foreign firms over similar listings. The airline said Tuesday it was amending an “oversight”, following in the footsteps of several other international corporations who were in…

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PARIS: Airbus said Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years. The European aerospace group had been banking on another big order from main client Emirates in November, but the Dubai-based airline decided…

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HONG KONG: Asian markets mostly rose again on Tuesday with Hong Kong resuming a rally towards its record high while the dollar struggled to recover from further losses against major peers. While there were few leads from Wall Street owing to a holiday, investors continued to push into equity markets…

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LONDON: The British government held an emergency meeting of ministers on Monday evening over the implosion of construction-to-catering group Carillion, as criticism grows of its handling of the giant firm’s demise. Carillion, which has a variety of private and public service contracts in britain and employs 43,000 staff worldwide, announced…

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BEIJING: Germany’s central bank has said it will include China’s yuan in its reserves, giving another boost to Beijing’s drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is…

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Upcycling is a chic way to reduce, reuse, and recycle They say one man’s trash is another’s treasure, and that is truly the case at Resurrection Furniture and Found Objects Gallery. The shop holds a treasure trove of quirky objects that infuse a fun personality into a home. There’s really…

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