Shell takes $22 billion hit on lower oil, gas prices

LONDON — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic. With the virus outbreak hurting the long-term prospects of the global economy, the company said it continues “to adapt to ensure the business […]

Century Pacific to double business in 5 years, again

The General Santos manufacturing facility of Century Pacific Food Leading canned food producer Century Pacific Foods Inc. (CNPF) – one of the few business groups that are booming during this coronavirus pandemic – is front-loading its expansion program while plotting...