Other News

Ciudad de Victoria Inauguration in Photos

July 21, 2014 will be forever marked in Philippine history as Ciudad de Victoria was formally inaugurated with its now famous centerpiece, the world’s largest indoor stadium, the Philippine Arena. The momentous event was lead by the Executive Minister of the Iglesia Ni Cristo, Bro. Eduardo V. Manalo with President Benigno S. Aquino III as the guest of honor. Photos Courtesy of ACTIV

Ukrainian PM resigns from position

The prime minister of Ukraine resigned from his position in the face of the many challenges faced by the country, including their fight with pro-Russian rebels as well as the Malaysia Airlines crash in rebel-controlled territory.

Amazon’s heavy investing eats into bottom line, shares drop

By Deepa Seetharaman SAN FRANCISCO Thu Jul 24, 2014 10:46pm EDT (Reuters) – Amazon.com Inc posted a much larger-than-expected loss in the second quarter as it continues its rapid pace of investment in new businesses such as digital content and consumer electronics. Amazon’s stock price has dropped 10 percent so far in 2014, with investors leery of betting on its long-term growth at the expense of little to no profit. On Thursday, the shares fell […]

U.S. judge says she is troubled by Apple $450 million e-books deal

By Nate Raymond NEW YORK Thu Jul 24, 2014 9:58pm EDT (Reuters) – A U.S. judge on Thursday expressed concern over a proposed $450 million settlement of claims Apple Inc conspired with five publishers to fix e-book prices, saying its provisions could drastically reduce money paid to consumers depending on appeals. U.S. District Judge Denise Cote in Manhattan said she found “most troubling” a clause requiring Apple to pay only $70 million if an appeals […]

Google under fire from regulators on EU privacy ruling

By Julia Fioretti BRUSSELS Thu Jul 24, 2014 6:08pm EDT (Reuters) – Google’s  handling of “right to be forgotten” requests from European citizens came under fire by regulators after the search engine company restricted the removal of Internet links to European sites only, a person familiar with the matter said. Regulators quizzed Google over its decision to remove search results only from its European search engines such as google.co.uk, which means that anyone can easily […]

McDonald’s takes chicken nuggets off menu in Hong Kong amid food scare

HONG KONG Thu Jul 24, 2014 9:10pm EDT (Reuters) – McDonald’s Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it had imported products from Shanghai Husi Food, the U.S.-owned company at the center of a food safety scare in China. McDonald’s said in a statement late on Thursday it had imported certain products from Shanghai Husi between July last year to June this year, although no food […]

Starbucks sales in Americas region up slightly more than expected

Thu Jul 24, 2014 7:17pm EDT (Reuters) – Starbucks Corp on Thursday said quarterly sales at established stores in its dominant Americas region grew a somewhat stronger-than-expected 6 percent, including a 7 percent rise for the United States that was helped by food sales. The third fiscal quarter report from the world’s biggest coffee chain followed disappointing quarterly results from McDonald’s Corp and Dunkin’ Donuts parent Dunkin’ Brands. But Starbucks’ sales gains did not rival […]

Exclusive: China meat supplier faced claims last year over unethical work practices

By Kazunori Takada SHANGHAI Thu Jul 24, 2014 10:41pm EDT (Reuters) – Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates. Wang Donglai, who worked at Shanghai Husi Food from 2007 to 2013, sought around 38,000 yuan ($6,100) in compensation for damage to […]

Brain power outwits Asian mobsters in sci-fi thriller ‘Lucy’

By Patricia Reaney NEW YORK Thu Jul 24, 2014 3:05pm EDT (Reuters) – Gun-toting thugs and a vicious Asian mob boss are no match for the brawn and brain of French director Luc Besson’s super-powered heroine in his sci-fi, action thriller “Lucy.” Besson is known for creating strong female characters in “La Femme Nikita” and “The Fifth Element.” But he goes a step further in “Lucy,” which opens in theaters in the United States on […]