Business News

Gov't gets to seize Shell imports in P7.3-B tax row

GMANews.TV - Wednesday, February 10

Pilipinas Shell Petroleum Corp. failed to get an injunction from the Court of Tax Appeals, which on Monday effectively allowed the Customs bureau to seize the oil firm's import shipments to pay for P7.34 in alleged back taxes.

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Asia

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  • Seoul shares rise after Greece report; techs up

    Reuters - Wednesday, February 10

    SEOUL, Feb 10 (Reuters) - Seoul shares opened higher on Wednesday as reports of an aid plan for heavily indebted Greece helped sentiment, with rises led by technology issues such as LG Electronics <066570.KS>.

  • Japan Jan wholesale prices fall 2.1 pct yr/yr

    Reuters - Wednesday, February 10

    (For more stories on the Japanese economy click [ID:nECONJP])

  • Toyota announces mass Prius recall

    Toyota announces mass Prius recall

    AFP - Wednesday, February 10

    TOKYO (AFP) - - Toyota said Tuesday it was recalling hundreds of thousands of hybrid vehicles globally, including the best-selling Prius, plunging it deeper into crisis as lawsuits in the United States piled up.

Business World

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