OPEC+ is seeking to regain market share lost to shale producers over the past years, with the US now accounting for 22% of global oil production, compared to just 15% ten years ago.

OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, aggressively seeks to regain market share.

Fila Manila, a Filipino condiment company, holds 95% market share. Founder Jake Deleon's journey spans from home kitchen to national retail shelves.

A South Korean unit of sports apparel and footwear maker Fila plans to apply for a domestic initial public offering in the first half of this year, a company official told Reuters on Wednesday.