Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
LAUSANNE, Switzerland (AFP) — McDonald’s has ended its longtime Olympic sponsorship dating back to 1976, the International Olympic Committee announced on Friday. The United States fastfood giant has supported the Olympics since the Montreal Games and although the split takes place with immediate effect, they will continue to be a sponsor at the 2018 Winter Games in Pyeongchang. “The IOC and McDonald’s have announced that they have mutually agreed to bring their worldwide partnership to […]
TOKYO, Japan (AFP) — Tokyo stocks rose Friday as the benchmark index snapped a four-day losing streak, while trading in Takata was suspended on news the embattled airbag maker is headed for bankruptcy protection. The Nikkei 225 added 0.56 percent, or 111.44 points, to close at 19,943.26, while the broader Topix index of all first-section issues gained 0.50 percent, or 7.95 points, to finish at 1,596.04. © Agence France-Presse
Urges clients to report “unauthorized transactions” in their accounts (Eagle News) — Banco de Oro on Friday said it had received reports of “potentially compromised” automated teller machines, urging its clients to contact their branches if they discovered unauthorized transactions in their accounts. “Customers with unauthorized transactions may reach out to the bank via formal channels so that their cases may be properly investigated and, where confirmed as impacted, may be reimbursed,” BDO said. The statement, however, […]
TOKYO, Japan (AFP) — Japan’s scandal-hit airbag maker Takata is expected to file for bankruptcy protection as early as this month as it prepares to sell its assets to a United States company, a report said Friday. Takata will make a formal decision about the bankruptcy filing at its board meeting this month, the leading business daily Nikkei reported, without citing sources. American autoparts maker Key Safety Systems, owned by China’s Ningbo Joyson Electronic, will […]
HONG KONG, China (AFP) — Asian markets mostly rose on Friday following a sell-off the previous day, while the dollar and pound extended gains on growing expectations of a hike in United States and British interest rates. Equity traders have suffered a fraught week as the crisis engulfing Donald Trump picks up pace, technology firms tumbled from recent highs and energy plays were hammered by plunging oil prices. But they shifted back into buying mode in […]
TOKYO, Japan (AFP) — Tokyo stocks drifted lower Thursday morning, despite another record close on Wall Street after the Fed decided to hike interest rates, as a pick up in the yen hit electronics firms. The benchmark Nikkei 225 index fell 0.43 percent, or 86.06 points, to 19,797.46 by the lunch break while the Topix index of all first-section issues lost 0.40 percent, or 6.42 points, to end the morning at 1,585.35. © Agence France-Presse
WASHINGTON, United States (AFP) — Facebook’s artificial intelligence researchers announced Wednesday they had broken new ground by giving automated programs or “bots” the ability to negotiate, and make compromises. The new technology pushes forward the ability to create bots “that can reason, converse and negotiate, all key steps in building a personalized digital assistant,” said researchers Mike Lewis and Dhruv Batra in a blog post. Up to now, most bots or chatbots have had only […]
BEIJING, China (AFP) — Output by Chinese factories and workshops topped expectations in May, but officials warned on Wednesday of lingering “unstable and uncertain factors” at home and abroad. The reading on industrial production, a key engine of growth, comes as Beijing wrestles with huge debt and excess capacity left over from massive government-backed infrastructure spending at the height of the global financial crisis. There have been renewed concerns about the strength of the world’s […]
SAN FRANCISCO, United States (AFP) — Apple views autonomous driving systems as a “core technology” for the future, chief executive Tim Cook said in an interview aired Tuesday. Cook told Bloomberg television that Apple wants to move into the automotive sector because “there is a major disruption looming” from new technologies. The auto sector, Cook said, is being transformed by artificial intelligence and autonomous driving technology as well as by the development of better electric […]
HONG KONG, China (AFP) — Asian investors on Wednesday struggled to track a record close on Wall Street as they await the Federal Reserve’s latest policy meeting hoping for a guide on its plans for monetary policy. The central bank is all but certain to lift interest rates after its meeting ends later in the day but the main focus will be on chair Janet Yellen’s comments afterwards. Some analysts suggest the rise could be […]
MEXICO CITY, Mexico (Reuters) – Hundreds of Chinese companies have descended on Mexico City for an expo that seeks to promote trade ties with Latin America’s No.2 economy amidst uncertainty over the future of the North American Free Trade Agreement. The “China Homelife Mexico” expo is the biggest expo of Chinese goods in the world, featuring state-of-the-art technology and electronics that originate from the Asian superpower. The expo has already been done in Brazil and […]
ARGENTINA (Reuters) – Argentina’s national government and the governors of 20 provinces signed a mining deal on Tuesday (June 13) to harmonize taxes and regulations in hopes of attracting investment, but the action was criticized by industry sources and environmentalists alike. The agreement, which needs approval from Congress and the 20 provincial legislatures, sets a 3 percent ceiling on royalties mining companies pay to provinces. Latin America’s third-largest economy has fallen behind Chile and Peru […]
