SportsAFP NewsPhilippine hero Diaz targets Olympic defence after SEA Games gold
Philippine hero Hidilyn Diaz won a second straight weightlifting gold at the SEA Games on Friday, calling it a first step towards the defence of her Olympic crown at Paris 2024.
BusinessReutersAnalysis-Musk's ESG attack spotlights $35 trillion industry confusion
Elon Musk's rejection of environmental, social and corporate governance (ESG) scores as a "scam" highlights how Wall Street's hottest investment trend that encompasses some $35 trillion in assets means different things to different people. The chief executive of Tesla Inc lashed out on Wednesday against S&P Global Inc after the electric car maker was dropped from its flagship ESG index while it added some companies whose activities are harmful to the environment, such as oil and gas producers. Musk took to Twitter to express his frustration with the move "despite Tesla doing more for the environment than any company ever!" He added that ESG "has been weaponized by phoney social justice warriors."
NewsAssociated PressEXPLAINER: How does Australia's election process work?
Australians vote Saturday to elect their 47th Parliament since federation in 1901 and will likely either return Prime Minister Scott Morrison’s conservative coalition for a fourth three-year term or make opposition leader Anthony Albanese the nation’s 31st prime minister. If neither of the two major parties can secure a majority of seats in the House of Representatives, the leaders will have to negotiate with unaligned lawmakers to form a minority government. This has happened only once since World War II. Here are some facts about the Australian election.
NewsAssociated PressEXPLAINER: How do Australian parties differ on key issues?
Australia’s center-left opposition Labor Party has outspent the ruling conservative Liberal Party-led coalition in election promises during the six-week campaign leading up to the vote on Saturday. Labor says more spending is needed to increase economic productivity and to counter China's influence in the South Pacific. The Liberals argue Labor's policies prove the party can't manage money.
SportsYahoo PhilippinesSEA Games: Hidilyn Diaz retains weightlifting gold with 206kg total lift
Olympic gold medallist Hidilyn Diaz comfortably retained her SEA Games weightlifting gold medal in Hanoi, 10 months after her Olympic feat in Tokyo.
BusinessReutersProsus to sell Russian online marketplace Avito, formerly worth $6 billion
Prosus, the Dutch-based technology investor, said on Friday it would seek a buyer for its Russian online marketplace Avito. Avito had been one of Prosus's most valuable investments until Russia's invasion of Ukraine on Feb. 24, which Moscow describes as a "special military operation", with an estimated valuation of about $6 billion. "Prosus has now decided to exit the Russian business," the company said in a statement.
BusinessReutersNissan, Mitsubishi Motors unveil light EVs for Japan
Japan's Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars by offering low-priced micro models. The two Japanese automakers, part of an alliance with French carmaker Renault SA, were once considered trailblazers in Japan's EV market but have struggled to attract customers and face challenges from fast-growing newcomers such as Tesla. "I'm confident that (the new vehicles) representing the alliance will be a game changer for electric vehicles in Japan," Nissan Chief Executive Officer Makoto Uchida said at an unveiling of the new models in the western Japan city of Kurashiki.
EntertainmentCoconuts Manila‘Utterly humiliated to be a Filipino today’: ‘Itim’ director Mike de Leon shares strong statement ahead of Cannes screening of his horror classic
The acclaimed director shared an anecdote from his days as a young filmmaker during Martial Law.
NewsReutersChina quietly increases purchases of low-priced Russian oil
China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February. The move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies, for fear of appearing to openly support Moscow and potentially expose its state oil giants to sanctions. China's seaborne Russian oil imports will jump to a near-record 1.1 million barrels per day (bpd) in May, up from 750,000 bpd in the first quarter and 800,000 bpd in 2021, according to an estimate by Vortexa Analytics.
NewsReutersJapan to double limit on foreign arrivals from next month
Japan will next month double its limit on foreign arrivals to 20,000 a day, the top government spokesperson said on Friday. Chief Cabinet Secretary Hirokazu Matsuno told a regular news conference that travellers from most countries, about 80% of the total foreign entrants to Japan, would not be required to provide proof of negative COVID tests, nor would they have to quarantine on arrival. Japan is accepting business travellers, foreign students and academics but not tourists, except a limited number in a trial of package tours.
NewsReutersBRICS-led New Development bank to set up regional office in India
New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office in India for funding and monitoring infrastructure projects in that country and Bangladesh. "The Indian Regional Office will be instrumental in enhancing NDB's engagement with borrowers and stakeholders," NDB President Marcos Troyjo said in a statement.
NewsAFP NewsHindu extremists target Muslim sites in India, even Taj Mahal
Thirty years after mobs demolished a historic mosque in Ayodhya, triggering a wave of sectarian bloodshed that saw thousands killed, fundamentalist Indian Hindu groups are eyeing other Muslim sites -- even the world-famous Taj Mahal.
NewsAssociated PressPhilippines establishes coast guard outposts in disputed sea
The Philippines has established three coast guard outposts on three islands in the disputed South China Sea to monitor ship movements and promote safety, officials said Friday, amid increasing maritime tensions with China. The move reinforced the presence of Filipino troops on the islands in the hotly contested Spratly archipelago and will likely be frowned upon by Beijing, which has claimed the disputed waterway virtually in its entirety. China has protested any new constructions in the region although it has transformed seven disputed reefs into military-guarded island bases in past years, alarming rival claimants and the United States, which has no territorial claims.
NewsYahoo Philippines'Everything led to anger': Brain tumor caused Singaporean man to be abusive to wife
Sitting in the amygdala, the almond-sized part of the brain where rage and anger reside, the tumor measured just 3cm in length.
NewsAssociated PressIn Ukraine, surviving when your home is blasted
Roof timbers splintered and windows shattered, sending shards of glass hurtling above three sleeping children into the opposite wall. It was around 2 a.m. and Iryna Martsyniuk had stayed up late watching a video on her computer while her children slept. It wasn’t the first time the Ukrainian village of Velyka Kostromka, just a few kilometers (miles) from the southern front line in the war in Ukraine, was being hit.
NewsReutersValero, contractors fined for violations related to worker's death in 2021
The 35-year-old worker had died from suffocating in a confined space in which leaking argon, an odorless gas, had displaced oxygen, the California Division of Occupational Safety and Health said https://www.dir.ca.gov/DIRNews/2022/2022-42.html in a statement. The regulator said Valero and two out of the three contractors had "willful and serious violations" of safety guidelines for confined spaces.
SportsAFP NewsDazzling but empty stadiums a symbol of China's fading football dream
Gleaming football stadiums built for the Asian Cup may turn into "white elephants" after China withdrew as hosts, experts say, with President Xi Jinping's World Cup dreams more remote than ever.
BusinessReutersCancer coalition aims to boost access to medicines in poorer countries
Pharmaceutical companies including Novartis and Roche have teamed up with global cancer organisations in an alliance aimed at getting more oncology medications to poorer countries. Currently, fewer than 50% of the cancer drugs on the World Health Organization's (WHO) essential medicines list are available in low and middle income countries, and the disease burden is growing. Without action, almost three in four cancer deaths are set to occur in these settings in the next decade.
CelebrityCoconuts ManilaNY-based Leni Robredo supporters call out poser who ‘stalked’ the VP in New York City
Based on his social media posts, he followed her on the subway and even took a photo with the vice president — and then made fun of her online
NewsReutersExplainer-What is on (and off) the agenda of the WHO Assembly?
More than 100 world health ministers will meet in Geneva next week for the World Health Organization's first in-person assembly in three years as the U.N. agency seeks to define its future role in global health policy. The agenda of the World Health Assembly (WHA) is the most packed in the WHO's 75-year history and is seen as an historic opportunity to move on from the COVID-19 pandemic, which has led to 15 million deaths, and prepare for the next global outbreak.
NewsReutersPolish lawmakers reach compromise on court reform with eye on EU funds
Lawmakers from Poland's ruling coalition agreed to judicial reforms the government says will unblock billions of euros in European Union funding, helping an economy grappling with the effects of the pandemic and war in Ukraine. Over 35 billion euros of COVID-recovery grants and loans have been put on hold due to a dispute with Brussels over the rule of law, but Warsaw has said it had reached agreement on terms to unblock the funds and expects approval from the EU in the coming days. The judicial reform bill agreed on Thursday is key to this.
BusinessReutersZurich Insurance to exit Russia by selling business to local team
Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest Western firm to exit Russia. It joins a list of companies that have quit the market in response to Russia's invasion of Ukraine, with some handing these businesses over to local partners. Finding a suitable exit plan has been a challenge, with some businesses saying they are maintaining their Russian businesses to keep assets out of the hands of the state.
NewsAFP News'Enough!' Abortion denial row sparks outcry in Croatia
The heart-rending case of a woman denied an abortion by four hospitals despite the foetus having an aggressive tumour has sparked an outcry over women's rights in largely Catholic Croatia.
EntertainmentAFP NewsNew Scandinavian film wave rolls into Cannes
A new generation of Scandinavian filmmakers is making waves, following in the footsteps of Ingmar Bergman, Lars von Trier and the Dogme movement, with three directors in competition at Cannes this year.
NewsAFP NewsUkraine war casts a chill in Norwegian Arctic town
War may be far away but tensions from the Ukraine conflict are causing an unprecedented chill in a remote Arctic town where Russian and Ukrainian coalminers have worked side by side for decades.
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