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(REUTERS) Apple Inc unveiled an iPhone 7 with high-resolution cameras and no headphone jack at its annual launch event Wednesday, though the biggest surprise was the debut of a three-decade-old Nintendo game franchise, Super Mario Bros, on the smartphone. While shares of Apple barely budged, Nintendo’s U.S.-listed shares jumped 29 pct on investors’ hopes that Super Mario would be another mobile gaming hit for the Japanese company akin to the wildly popular Pokemon Go. […]
TOKYO, Japan (AFP) — Nintendo skyrocketed in early trade Thursday after the Japanese gaming giant and Apple announced that an exclusive Super Mario game will be available on iPhones later this year. The Tokyo-listed stock surged 18 percent to 29,200 yen ($287) in response to the news. Apple and Nintendo jointly announced that “Super Mario Run”, featuring Nintendo’s iconic game character, would be sold in App stores for exclusive use on the US firm’s hugely […]
Stocks relatively flat Wednesday, but the Nasdaq managed to inch higher to a new record. Investors focused on the outlook for interest rates. The Fed’s Beige Book showing the economy continued to expand at a modest pace during July and most of August, with wage pressures limited. The big Apple iPhone 7 and 7 Plus did little for the stock. Apple also unveiled a new watch along with a Nike partnership and a Pokemon Go […]
QUEZON City, Philippines (Eagle News) — Meralco announced that it will lower its charge by 45 centavos per kilowatt hour this September. This is due to the lower transmission charges which is lower than 10 centavos per kilowatt hour. https://youtu.be/F8ViMXNfN5I
SEOUL, South Korea (AFP) — South Korea’s Hanjin Group said Tuesday it would provide its debt-ridden shipping unit with 100 billion won ($90.4 million) to help ease huge disruptions to global maritime freight. Hanjin, the world’s seventh largest shipping company, is seeking bankruptcy protection at home and in the US after creditors rejected its latest plan to deal with a $5.37 billion debt. Its bankruptcy would be by far the largest in the history of […]
HANGZHOU, China (AFP) – by Benjamin CARLSON Facing populist ire at home, leaders at the G20 summit have tried to walk a fine line: acknowledge anti-globalisation anger while arguing that ever more liberal trade is the cure for sluggish economies. “The feeling of the G20 is that if we do not address the question of fairness, it will endanger global governance as we know it,” a senior European diplomat told AFP at the sprawling venue in […]
By Caesar Vallejos EBC Correspondent Businessmen, through the statement of the Makati Business Club (MBC), strongly condemned the blast that killed 14 people and injured 67 others at the Roxas night market in Davao City calling it a horrific act of terror. “This act of cowardice, which targeted the lives of innocent civilians and sought to foster fear in people, has no place in any society,” the statement said. Earlier reports mention that the Abu […]
WASHINGTON, United States (AFP) – by Douglas Gillison The US labor market slowed precipitously in August but continued a six-year streak of monthly job creation, according to figures released Friday by the Labor Department. The economy added 151,000 new positions for the month, a sharp drop from July’s revised total of 275,000 new non-farm positions and also well below analyst expectations. Leading up to Friday’s disclosure, markets had been intently awaiting the new numbers as […]
DUBLIN, Ireland (AFP) – by Douglas DALBY Ireland’s fragile minority government agreed Friday to recommend an appeal against the EU’s tax ruling on Apple but said it was recalling parliament early to debate the issue. The deal overcomes a split in cabinet surrounding the 13 billion euros ($15 billion) plus interest that the EU says Apple owes in back taxes, putting Ireland at the centre of a row between Europe and the United States. Apple […]
by Hui Min NEO and Marie JULIEN Berlin’s mega consumer electronics fair IFA opens its doors to the public Friday, offering a dizzying array of high-tech goods from home robots to surround sound systems to drones. Some tech giants are also seeking to define what they believe will be the next gizmos and digital must-haves to drive the industry. – The future of TV is… – Oval. Or any shape, says Sharp, which showed off […]
(Eagle News)– Social Security System (SSS) President Emilio De Quiros said on Friday that they will need to increase the contribution rate if the planned P2,000 pension increase would be followed. According to De Quiros, SSS contribution is estimated to be raised by five to six percent. De Quiros said the increase in contributions should be gradual for the SSS to extend its actuarial life to about 70 years. Former President Benigno Aquino […]
FRANKFURT, Germany (AFP) – The German government has accused Fiat-Chrysler of incorporating emissions cheating technology into some vehicles, in a letter to the European Commission seen by AFP on Thursday. “From our point of view, evidence has been provided of the use of an illegal defeat device” in some diesel-powered Fiat-Chrysler vehicles, the letter from the German transport ministry reads. Germany launched an investigation into emissions cheating earlier this year after Volkswagen’s September 2015 admission […]
