Other News

Ex-Goldman director goes to prison, still owes $13.9 million fine

(Reuters) – Former Goldman Sachs Group Inc (GS.N) director Rajat Gupta on Tuesday began serving his two-year prison term for insider trading, and lost his challenge to a $13.9 million civil penalty and permanent ban from acting as a public company officer. Gupta, 65, reported to FMC Devens, a medical facility and satellite camp in Ayer, Massachusetts about 40 miles (64 km) northwest of Boston, a spokesman for the Federal Bureau of Prisons said. The […]

Ochoa hero, Akinfeev villain in World Cup draws

(Reuters) – Mexico goalkeeper Guillermo Ochoa produced a heroic performance in a 0-0 draw with Brazil and his Russian counterpart Igor Akinfeev was the villain in a 1-1 draw with South Korea as the World Cup produced more drama on Tuesday. While Ochoa kept Brazil at bay, the hapless Akinfeev was left to bury his head in his hands after he allowed Lee Keun-ho’s straightforward shot from 25 meters to slip through his grasp. Algeria […]

Spectator Biden thrilled by U.S. World Cup victory

(Reuters) – U.S. Vice President Joe Biden might not have resolved a diplomatic spat with Brazil over American espionage, but he got a kick out of seeing the United States soccer team win their first World Cup game. “Watching the United States win last night was a great thrill for us,” Biden told reporters on Tuesday hours after seeing the Americans defeat Ghana 2-1. Biden brought his soccer-playing granddaughter and a nephew with him to […]

U.S. captures suspected ringleader of Benghazi attack

The United States says it has captured a suspected ringleader of the 2012 attack on the U.S. diplomatic compound in Benghazi, Libya, a raid that killed four Americans including the U.S. ambassador. The 2012 attack on the U.S. Consulate in Benghazi killed four Americans including the U.S. ambassador, and ignited a political firestorm in Washington. Now, the Pentagon press secretary says they’ve captured a suspected ringleader. Ahmed Abu Khatallah was captured in Libya Sunday, with […]

Top China diplomat meets Vietnam officials amid tensions over oil rig

(Reuters) – China’s top diplomat began a round of meetings with Vietnamese officials in Hanoi on Wednesday as the two countries try to repair a rupture in ties over China’s positioning of an oil rig in disputed waters early last month. But many obstacles remain to resolving one of the worst breakdowns in Sino-Vietnamese relations since the neighbors fought a brief border war in 1979. Among the challenges likely to come up in talks: The […]

Boat sinks off western Malaysia, 66 Indonesians feared drowned

(Reuters) – Sixty-six people are feared to have drowned after an overloaded wooden boat carrying 97 illegal immigrants from Indonesia sank off Malaysia’s western coast, Malaysian officials said on Wednesday. The passengers included women and children and the boat was not fit for a sea voyage, said Muhammad Zuri, an official with the Malaysian Maritime Enforcement Agency. “This was an illegal boat and all the passengers were Indonesian,” Zuri told Reuters. Zuri had earlier said […]

APRUB – Authority of the Freeport Area of Bataan

Ang Freeport Area of Bataan, ay itinuturing na maunlad na freeport area sa bansa. Ipinatupad nito ang original mandate na catalyst para sa development ng region. Ibinabahagi rin ng FAB ang mga livelihood opportunities. Kabilang pa rito ang mga services ukol sa Manufacturing Industry, Ship Building, BPO, Tourism, Logistics, Energy at Electronics and Semi Conductors. Nagsagawa ang FAB ng major developments sa infrastructure, business facilitation systems at marami pang iba.

LTFRB suspends fines on out of line vehicles

Land Transportation Franchising and Regulatory Board will temporarily suspend the implementation of higher fines on out-of-line vehicles – those that have franchise but travel in unauthorized routes, to prevent a possible shortage of public utility buses.