Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
NEW YORK, United States (AFP) — Coca-Cola said Thursday the strong US dollar again hit results in some overseas markets, leading to lower fourth-quarter earnings, although it scored higher revenues in North America. The soft drink giant said net income for the quarter ending December 31 fell to $550 million, down 55.5 percent from the final quarter of 2015, due in part to costs associated with the sale of the company’s North American bottling operations to franchisers. […]
WASHINGTON, United States (AFP) — New US claims for jobless benefits continued to fall at the start of February, hitting its lowest level in three months, the Labor Department reported Thursday. The result confirmed the improving health of the US labor market and followed resurgent job creation in January. In the week ending February 4, there were 234,000 new claims for unemployment insurance, seasonally adjusted, marking 101 weeks below 300,000 and the lowest point since […]
(Eagle News) — The approved one peso provisional jeepney fare increase in National Capital Region (NCR) and Regions 3 and 4 will take effect starting Friday, February 10. The Land Transportation Franchising and Regulatory Board (LTFRB) in a Twitter post said that the effectivity of the fare hike for the Public Utility Jeepneys will start at 12:01 am on Friday. The LTFRB also advised all the PUJ operators to post a Notice of Provisional Fare […]
SAN FRANCISCO, United States (AFP) — Facebook on Wednesday updated its Safety Check feature with a way for people to lend, or get, helping hands after disasters. A new “Community Help” feature provides a forum at the leading social network where assistance can be offered to victims of floods, earthquakes, fires or other kinds of natural or accidental tragedy, according to Facebook vice president of social good Naomi Gleit. “In times of crisis, connecting is […]
High-spending World Cup 2022 hosts Qatar are splurging almost $500 million every week on major infrastructure projects for football’s biggest tournament, the country’s finance minister said. https://youtu.be/D3LFNTbONwM
by Alice RITCHIE Agence France Presse LONDON, United Kingdom (AFP) — MPs look set to approve a bill on Wednesday empowering Prime Minister Theresa May to start Brexit negotiations, in a major step towards Britain leaving the European Union. Seven months after the historic referendum vote to leave the 28-nation bloc, the House of Commons is expected to grant its approval for May to trigger Article 50 of the EU’s Lisbon Treaty. The bill must […]
SAN FRANCISCO, United States (AFP) — YouTube on Tuesday began letting popular online video personalities broadcast on the go using mobile devices, ramping up a challenge to Facebook and Twitter in the live-streaming arena. Google-owned YouTube has supported live streaming of video through computers for about six years, even broadcasting US presidential debates online. The new mobile live streaming feature allows YouTube content creators whose channels have more than 10,000 subscribers to broadcast through apps […]
HONG KONG, China (AFP) — Asian markets mostly fell Tuesday, with concerns about upcoming European elections and Donald Trump’s unpredictable presidency fuelling uncertainty. With investor nerves shredded by a succession of outbursts from the new US president, safe-haven assets rose. Gold pushed higher and while the yen eased from three-month highs against the dollar it continued to hold recent gains. The weakness across markets is in contrast to the two-month rally that followed Trump’s election […]
NEW YORK, United States (AFP) — US stocks began a heavy week of earnings reports on a down note Monday, with a drop in oil prices sending leading oil producers lower. Wall Street stocks were in negative territory much of the day, following declines of one percent or more in Paris and Frankfurt and a modest drop in London. Petroleum-linked shares fell on Wall Street, as oil prices declined due to pressure from the stronger […]
QUEZON City, Philippines (Eagle News) — Consumers should expect an increase in their electric bills this month due to the crude oil price hike. “Customers can expect even higher rates in coming months,” said Meralco in a statement. According to Meralco Utility Economics Head Lawrence Fernandez, the increase will particularly affect the generation charge. The price increase in the generation charge will be Php 0.42 centavos per kilowatt hour (kWh) to P8.82 per kWH. https://youtu.be/jKLxqE1Amh0
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday with investor sentiment buoyed by solid US job gains and a move by President Donald Trump to roll back financial regulations. US non-farm payrolls for January came in above forecast at 227,000 new jobs on Friday, with hiring up in retail, construction and the financial sector, the Labor department said. Trump ordered a review of key reforms enacted after the 2008 financial crisis, in the first […]
by Andrew BEATTY Agence France-Presse WASHINGTON, United States (AFP) – President Donald Trump took the first step Friday to undoing key reforms enacted after the 2008 financial crisis, aiming to scale back toughened regulations on the banking industry. The initiative aims to scrap parts of the so-called Dodd-Frank law, which backers say is aimed at curbing the actions of the finance sector that led to the “Great Recession,” but which critics claim creates red tape […]
