A top-selling novelist's new work which alludes to Manila as the "gates of hell" may be fiction, but a Cabinet official is still taking offense.
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Tokyo plunges more than 7% as Asian markets fall
Asian markets fell Thursday with Tokyo plunging more than seven percent as investors took profits after weak Chinese data and signs the US Federal Reserve could start tapering off its massive stimulus measures. More »
AFP News - 10 hours agoFord to halt car production in Australia in 2016
Ford announced Thursday it would stop making vehicles at its unprofitable Australian plants in 2016 and axe 1,200 jobs, ending an era that began in 1925 with the legendary Model T. More »
AFP News - 15 hours agoChina's Li starts Swiss visit as free trade deal looms
Chinese Premier Li Keqiang arrived in Switzerland Thursday for talks set to focus on a landmark free trade deal with the Alpine country which he has dubbed a touchstone for Beijing's growing ties with foreign nations. More »
AFP News - 23 minutes agoIcahn seeks up to $7 billion for Dell bid
By Michelle Sierra NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday. Jefferies & Co is leading the deal. Icahn and Southeastern are looking to lock in the financing before Dell shareholders meet in July to vote on a rival take-private offer from CEO Michael Dell and Silver Lake Partners. ... More »
Reuters - 40 minutes agoGoogle faces new federal antitrust probe: source
WASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, which dominates web display advertising, has broken antitrust law in how it handles some ad sales, a source told Reuters on Thursday. The source said that it was unlikely that the Federal Trade Commission had sent out civil investigative demands in relation to the probe, which would be the sign of a formal and more serious investigation. ... More »
Reuters - 46 minutes agoOil recovers after dive on Chinese data
Global oil prices closed little changed Thursday, recovering from sharper losses earlier in the day after weak Chinese manufacturing data. More »
AFP News - 46 minutes agoObama limits U.S. drone strikes in shift from constant war footing
By Steve Holland and Roberta Rampton WASHINGTON (Reuters) - President Barack Obama on Thursday shifted the United States away from a "boundless global war on terror," restricting deadly U.S. drone strikes abroad and taking steps toward closing the Guantanamo Bay military prison. In a major policy speech, Obama defended his administration's drone war against al Qaeda and its allies but made clear he was narrowing the scope of targeted killings, a campaign that has faced growing condemnation at home and abroad. ... More »
Reuters - 1 hour 1 minute agoIslamists kill 21 in suicide attacks in Niger
By Abdoulaye Massalatchi NIAMEY (Reuters) - Islamist suicide bombers struck an army barracks and a French-run uranium mine in Niger on Thursday, officials said, killing 21 people and wounding dozens more in attacks that showed militant violence spreading in West Africa. The coordinated dawn assaults on Areva's mine at Arlit and the military base in Agadez were claimed by the MUJWA militant group in retaliation for a French-led offensive this year against Islamist insurgents in neighbouring Mali. ... More »
Reuters - 1 hour 27 minutes agoApple enjoyed Irish tax holiday from the start
By Poornima Gupta and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said. Chief Executive Tim Cook faced criticism from a Senate subcommittee in Washington on Tuesday over the iPad and iPhone maker's tax practices, which had been shrouded from full view behind secretive tax-exempt Irish-based corporate entities. ... More »
Reuters - 1 hour 35 minutes agoSoftbank yields to US security concerns on Sprint
Amid a heated takeover battle for US wireless carrier Sprint, Japan's Softbank has taken unusual steps to allay national security concerns about the deal, but a rival bid claims this is insufficient. More »
AFP News - 1 hour 40 minutes ago87-year-old woman loses to Trump in civil case
CHICAGO (AP) — An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday — she lost. More »
AP - 1 hour 41 minutes agoChina clears Boeing 787s for nation's airlines: Boeing
Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant. More »
AFP News - 2 hours 45 minutes agoHamburgers for life reward to man who helped Ohio kidnap victims
By Kim Palmer CLEVELAND (Reuters) - The man made famous for putting down his Big Mac to help free three women held captive for about a decade in a Cleveland house will never have to buy a hamburger in his hometown again. More than two weeks after Charles Ramsey became an instant folk hero after telling his story to television reporters, Cleveland food blogger Michelle Venorsky said on Thursday that 15 restaurants are offering him a free hamburger, whenever he wants it. Venorsky floated the idea to her followers after seeing Ramsey's first interview on TV. "He was so entertaining... ... More »
Reuters - 2 hours 47 minutes agoChannelAdvisor soars in debut
By Alistair Barr and Tanya Agrawal (Reuters) - ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling. The company's shares opened up 25 percent, after its initial public offering of 5.8 million shares was priced at $14 per share, the high end of its pricing range. ChannelAdvisor shares were trading up 40 percent at $19.54 on the New York Stock Exchange. They touched an intraday high of $19.73, valuing the company at about $400 million. ... More »
Reuters - 3 hours agoWHO warns countries not to hoard secrets of coronavirus
By Tom Miles and Stephanie Nebehay GENEVA (Reuters) - The World Health Organization (WHO) warned countries with possible cases of the SARS-like novel coronavirus on Thursday that they must share information and not allow commercial labs to profit from the virus, which has killed 22 people worldwide. Saudi Arabia, where the first case occurred, has said the development of diagnostic tests for the disease has been delayed by a foreign laboratory's patent rights on the SARS-like virus. ... More »
Reuters - 3 hours ago
- Pinoy to graduate with honors from U.S. Air Force Academy
While others let go of burdens in an attempt to fly, it was by taking on more challenges that a young Filipino cadet soared from the shadow he had been under.
- Roxas to Revilla: No one is above the law
No one, even a senator, is above the law.
- Philippines vows to defend territory against China
The Philippines vowed Thursday to fight China "to the last man standing", as a Chinese warship patrolled around a remote reef occupied by a handful of Filipino marines in disputed waters.
- Canon beats Nikon in accidental damage tests
Just as an argument has raged for the best part of 30 years between Windows and Mac users as to which operating system is the best, a similar tribal war has raged between professional (and talented amateur) photographers as to whether Nikon or Canon rules the SLR and latterly DSLR roost. Now SquareTrade has waded into the rivalry between the two iconic companies' offerings with a drop test.
Market Data
- Currencies
- Commodities
Commodities Name Price Change % Chg 1,389.70 22.30 +1.63% 
22.53 0.06 +0.28%
101.85 0.54 +0.54%
3.33 -0.05 -1.57%
94.34 0.06 +0.06%
- Bonds
Bonds Treasury Yield (%) Yield Change 0.89 0.00
2.02 -0.00
3.20 -0.01
- Time matters little to world’s fastest jigsaw puzzle maker - The Inbox
By Maria Feona Imperial, VERA Files Perhaps for breaking a world record, she has already found the answer to every jigsaw puzzle ever made. But Georgina Gil-Lacuna has one more left unresolved: the puzzle of time. And she likes it … Continue reading →
- Chinese, Taiwanese nationals with computer gadgets held - The Inbox
By LEILANIE ADRIANO, VERA Files LAOAG CITY, Ilocos Norte– At least 40 Chinese and 12 Taiwanese nationals who were found with several electronic and computer gadgets and accessories in a resort in Vigan were rounded up and detained for questioning, … Continue reading →
- Ramos urges neutral probe of Taiwan incident, reminds Pinoys of Contemplacion case - The Inbox
By Ellen Tordesillas, VERA Files MAKASSAR, Indonesia—Former President Fidel V. Ramos has recommended the creation of a neutral investigation on the May 9 encounter between a Philippine patrol ship and Taiwanese fishing vessel in the disputed maritime boundary that resulted … Continue reading →
- FVR leads call for reduction of budget for lethal weapons - The Inbox
By Ellen Tordesillas, VERA Files MAKASSAR, Indonesia—Former President Fidel V. Ramos Monday called on rich countries to reduce their budget for deadly weapons and realign resources for public safety, including navigation in the disputed waters in the South China Sea. … Continue reading →
- Activism in art the Carlos Celdran way - The Inbox
By Matthew Reysio-Cruz, VERA Files The whole nation wondered who he was. Sporting a black overcoat and top hat, performer and tourist guide Carlos Celdran stood before a group of bishops at the Manila Cathedral in September 2010 holding up … Continue reading →
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