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Family business lessons

MANILA, Philippines — Argue in private but keep a united front in public We are used to dirty laundry being often aired in politics, which is tiresome for a nation that yearns for leaders to act with dignity and honor. So it is disappointing when the same thing happens in family businesses. Integrity includes the discipline

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China’s Alibaba teams up with Nvidia on AI robot tech

BEIJING, China — Alibaba announced on Wednesday a “milestone collaboration” in artificial intelligence (AI) tech with US chip giant Nvidia that the Chinese company said will accelerate its development of humanoid robots. The news came as Alibaba’s shares soared more than 9 percent in Hong Kong after chief executive Eddie Wu unveiled plans to further ramp

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Makro reentering Philippine market, backed by Ayala

MANILA, Philippines — Grocery chain Makro is making a Philippine comeback with the help of the Ayala conglomerate, which has recently regained appetite for the retailing business. ACX Holdings Corp., a wholly-owned subsidiary of Ayala Corp., signed on Sept. 24 a partnership deal with Thai company, Makro ROH Company Limited (MROH) for the operation of Makro

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