Bloomberg To ease traffic congestion in the Philippines’ main financial centre, there’s no way to go but underground and afloat, said businessman Antonio Tiu, who is leading a venture for one of two subway projects in the capital region. IRC Properties Inc., Tiu’s venture with Chinese and Hong Kong companies for a $3.7 billion underground system in Metro Manila’s Makati ...

Bloomberg Didi Chuxing said it will suspend a carpool service and has removed two executives after a second female customer in three months was allegedly killed by a driver in China. The ride-hailing app company said in an emailed statement on Sunday that it will halt its Hitch service starting on Monday and reevaluate the carpool operation’s business model. Didi ...

Bloomberg Nestle SA’s unit in Japan expects a fledgling business selling nutritional drinks and supplements to aging consumers to grow into a nearly $1 billion business within a decade as the food giant becomes the latest to employ genetics to market food. The world’s biggest food company has seen increasing demand for a Japanese subscription program for nutrition that can ...