Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
By: Rod Delapaz, Eagle News Service USA, New York Bureau What does it take to be successful in business? Is “talent” really enough? What if you have a great idea that you think is worth millions? Is that your golden ticket to financial freedom? These are some of the many questions that small businesses and entrepreneurs have when starting a business venture. These uncertainties bring on the need for events like the Small Business Expo. […]
GENEVA, Switzerland (Reuters) — Two dazzling pink and blue pear-shaped diamonds have together sold for 57,118,000 Swiss Francs ($57,425,000) to a private buyer at Sotheby’s auction house on Tuesday (May 16). Sotheby’s said the Apollo and Artemis stones are “by far the most important pair of earrings ever offered at auction.” They were offered to buyers separately at the auction house’s Magnificent Jewels and Noble Jewels sale in Geneva, but were purchased by the same […]
HONG KONG, China (AFP) — Oil prices pressed on with fresh gains in Asian trade Tuesday, boosting energy firms, after Russia and Saudi Arabia indicated they could extend an output cut into next year. The world’s top two crude-producing nations raised the idea at the weekend, with a deal agreed between the Organization of the Petroleum Exporting Countries — of which Saudi Arabia is the key player — and Russia coming to an end in […]
by Roland Jackson Agence France Presse NEW YORK, United States (AFP) — Equity markets in Frankfurt, London and New York ended at fresh records Monday, lifted by a rally in oil prices that boosted energy shares and by upbeat German election news. World oil prices leapt after oil ministers from Saudi Arabia and Russia — the world’s two biggest oil producing nations — declared Sunday that they would consider extending an output cut into 2018. […]
TOKYO, Japan (AFP) – Troubled conglomerate Toshiba on Monday said it will delay reporting its annual earnings for the past fiscal year, but warned it is on track to book a net loss of 950 billion yen ($8.4 billion). The delay comes after one of Japan’s best-known companies twice postponed its nine-month earnings before releasing unaudited results last month. The delays have stirred fears that the huge conglomerate’s shares could be delisted from the Tokyo […]
BARI, Italy (AFP) – International Monetary Fund chief Christine Lagarde on Friday urged eurozone lenders to be “far more specific” in their commitment to a debt-relief package for Greece. The IMF has made a package easing Greece’s repayment burden a condition of its participation in a 86-billion-euro ($94-billion) bailout. But several eurozone governments are dragging their heels, insisting on more evidence of debt-plagued Greece delivering on reforms as a condition of green-lighting the third rescue […]
FREETOWN, Sierra Leone (Reuters) — Sierra Leone rejected a bid of over $7.8 million for one of the world’s largest diamonds at an auction on Thursday (May 11). The 706-carat gem is the second-largest ever discovered in the West African country and was unearthed in March in the eastern Kono region by a Christian pastor who gave it to the government to handle the sale. Five bids were handed to auctioneers in a sealed brown […]
by Glenn Chapman Agence France Presse SEATTLE, United States (AFP) — Microsoft on Thursday unveiled a forthcoming Windows update aimed at keeping its desktop and laptop computers at the heart of lifestyles increasing reliant on smartphones. Enhancements to the widely used operating system to roll out later this year are designed to make applications built on Microsoft technology work more harmoniously across an array of internet-linked devices, according to demonstrations given at the company’s Build developers […]
by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — Snapchat’s ambition to become the next big social media platform hit a brutal reality check with the first earnings report from parent company Snap Inc. The $2.2 billion loss reported Wednesday for the first quarter along with weaker-than-expected revenue and sluggish user growth prompted a wave of selling and harsh comments from analysts about the firm known for its disappearing messages. Snap shares plunged […]
,by Bryan McManus Agence France-Presse BRUSSELS, Belgium – Ride-hailing app Uber may be a pioneer in its field but at heart it is just an ordinary taxi company and should be regulated as such, a top EU lawyer said Thursday. Uber claims it is a service provider, connecting riders with freelance drivers directly and much more cheaply than traditional cab companies. It has run into huge opposition from critics and competitors who say this allows […]
(Eagle News) — The government has lost an estimated P145 billion annually in foregone revenues because of the non-adjustment of fuel excise taxes for the past two decades, the Department of Finance revealed during a public hearing at the House Committee on appropriations. The DOF said that this loss was equivalent to about 1 percent of the country’s Gross Domestic Product (GDP). “The non-adjustment of fuel excise taxes for the past two decades has […]
BEIJING, China (AFP) – China’s Silk Road summit on Sunday will highlight the country’s plans to revive ancient trade routes from Asia to Europe and Africa with a massive network of rail and maritime links. The One Belt, One Road Initiative was unveiled by President Xi Jinping in 2013. Xi will host top officials from 28 nations for the two-day conference on the outskirts of Beijing, though few Western leaders will attend the meeting. Beijing’s […]
