Two people have been arrested over a suspected £3.4m furlough scheme fraud. The man, 35, and woman, 36, from Bradford, were also interviewed in relation to a suspected multi-million-pound tax fraud, officials said. More than £6m held in bank accounts controlled by the pair has been frozen by HM Revenue and Customs (HMRC). Both were held on suspicion of ...

Asia United Bank Corp. (AUB) said net profit declined 38% year-on-year to P736 million in the first quarter after it increased provisioning levels in anticipation of a rise in non-performing loans. In a disclosure to the bourse, AUB said: “While lockdown persists and the economy continues to reel from the impact of the global pandemic, AUB has set aside an ...

The peso rally passed the one-week mark Friday following improving trade data, featuring a strong rebound in exports. The peso closed at P47.855 against the dollar Friday, following the Thursday finish of P47.98, according to the Bankers Association of the Philippines. The peso’s close was the high for the day, with the rally marking its seventh consecutive day. The peso ...

Asda is trialling delivering unattended food orders, allowing drivers to drop off customers’ shopping when no one is home. The trial allows shopping to be delivered within a four-hour window when the customer is out by dropping it into boxes fixed outside the shopper’s home. It comes as supermarkets aim to sustain the momentum in online shopping as the ...

The single-use carrier bag charge will rise from 5p to 10p and be extended to all businesses in England from 21 May. The government said all stores, including corner shops, will now have to apply the charge from that date. The 5p levy on plastic bags was introduced in England in 2015. Since then their use has fallen by ...

Facebook Inc. oversight board’s extension of former US President Donald J. Trump’s banishment from the social network failed to settle how it will balance political leaders’ freedom of speech and its responsibility to make sure hateful rhetoric does not incite violence. The 20-person board, which includes legal scholars, activists, and a former prime minister, upheld Mr. Trump’s suspension from Facebook ...

Treat your mom to a wonderful celebration at SM Supermalls. If there’s one thing that moms want most when celebrating Mother’s Day, it’s spending time with the entire family. If you’re out of ideas on how to make bonding time with Mom extra special this coming May 9, let SM Supermalls give you a few fun and creative suggestions to ...

After a rollercoaster year and a half, our economy is preparing to burst back to life. Fuelled by the joint success of the vaccine rollout and our effort in the third lockdown, we are now fighting back against our invisible foe that has, and continues, to wreak havoc around the world. Yet, life as we know it in the ...

Image via Ted Eytan/Flickr/CC BY-SA 2.0 NEW YORK -- Leading US companies have become more vocal in criticizing proposed laws restricting transgender rights and taking a stand on LGBT+ issues but have failed so far to take concrete action against states with such legislation, advocates said. Nearly 100 companies, including Facebook, Pfizer, and Dell, said late last month they were ...

The UK government’s plans to ease lockdown restrictions have seen a surge in optimism from SMEs, according to a new survey The survey also highlights the fact that three quarters of business owners share a positive outlook and 74% believe that demand will be back to pre-pandemic levels by Christmas. SMEs across the country have begun outlining their plans ...