1 of 2CANNES — Independent film companies facing a market upended by the entry of streaming services are showing some optimism heading into this year’s Cannes Film Festival as the Netflix era has begun flattening out and audiences start trickling back into cinemas post-pandemic.While buyers

STI EDUCATION Systems Holdings, Inc. reported on Thursday that its attributable net income during the three months ending March rose 47.4% to P352.39 million from P239.09 million a year ago.In the company’s financial statement, it reported a 24.1% jump in revenues during the quarter to

DAVID DVORACEK-UNSPLASHTHE VALUE and volume of electronic fund transfers done through PESONet and InstaPay rose as of end-April from a year ago, data from the Bangko Sentral ng Pilipinas (BSP) showed.The combined value of transactions done via the BSP’s automated clearing houses InstaPay and PESONet

STAR TREK(Editor’s note: This article contains plot spoilers.) SOCIETY’s understanding of technology and cybersecurity often is based on simple stereotypes and sensational portrayals in the entertainment media. I’ve written about how certain scenarios are entertaining but misleading. Think of black-clad teenage hackers prowling megacities challenging

2GO Group, Inc. has filed a petition to finally delist from the main board of the Philippine Stock Exchange (PSE) effective on July 17.In a regulatory filing on Thursday, 2GO said the voluntary delisting was proposed by and is fully supported by its two major

SOCResources, Inc. to conduct annual meeting of stockholders on June 16 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand

THE PLANNED CUT in banks’ reserve requirement ratio (RRR) could increase banks’ profits as this would allow them to use more of their cash to fund their loans.Banks that are more aggressive in expanding their loan book could benefit more from the planned RRR cut,

RFM Corp. to conduct annual stockholders’ meeting virtually on June 14 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand

UNSPLASHDISCOVERY World Corp. said on Thursday that its executive committee had approved the subscription to the capital stock of its subsidiary that will hold solar energy assets.In a regulatory filing, the company said its executive panel in a meeting on May 18 cleared the move,

REUTERSNEW YORK — Hollywood star Sylvester Stallone has a new project — starring in his own reality TV show with his family. The veteran Rocky and Rambo actor, his wife Jennifer and their three daughters -— Sophia, Sistine, and Scarlet — are following in the footsteps of other celebrity families such