Browsing: Business

As much as I wish I could keep this information to myself, Old Navy’s new arrivals section is stocked with incredible summer essentials. Among them are the High-Waisted Slouchy Straight Distressed Cut-Off Shorts, 5-Inch Inseam ($20, originally $40), which made me audibly gasp when I saw them for the first time…

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Ayala Corp.—controlled by billionaire Jaime Zobel de Ayala —aims to raise 52.5 billion pesos ($1 billion) by divesting some of its non-core asset divestments, beginning with a toll road south of Manila that it’s selling to the country’s second-richest person, Manuel Villar . According to a filing to the Philippine Stock Exchange on Friday, Ayala…

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