Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
San Francisco, United States | AFP | by Glenn CHAPMAN Netflix on Tuesday reported that it gained more than 2 million subscribers in the recent quarter, calming investor fears that the streaming giant was losing paying customers. The company said it ended the third quarter with slightly more than 223 million subscribers worldwide, up some 2.4 million, after seeing subscriber ranks ebb during the first half of the year. Netflix shares shot up more […]
Zouk Mikael, Lebanon | AFP | by Jonathan SAWAYA After losing four relatives to respiratory illness, Zeina Matar fled her hometown north of Lebanon’s capital where she says a decaying power plant generates little electricity but very deadly pollution. Thick black smoke sometimes billows from its red-and-white chimneys, leaving a grey haze in the air above the Zouk Mikael industrial district where the toxins remain trapped by a nearby mountain chain. Zeina, aged 40, says […]
Seoul, South Korea | AFP | The co-CEO of a South Korean company that owns the country’s biggest mobile messenger app stepped down Wednesday following a massive service outage that left more than 50 million without access to its widely used services for days. Kakao’s flagship messaging app KakaoTalk is installed on around 90 percent of phones in the country and its heavily used services including maps, online payments, ride-hailing, streaming and gaming. The outage started […]
London, United Kingdom (AFP) British inflation jumped back above 10 percent in September on soaring food prices, official data showed Wednesday, with the country gripped by a cost-of-living crisis bedevilling the government. The Consumer Prices Index accelerated to 10.1 percent on an annual basis, up from 9.9 percent in August, the Office for National Statistics said in a statement. The September rate matched the level in July and is the highest in 40 years as […]
by Etienne BALMER Agence France Presse Koshu, Japan (AFP) — Japanese food is famously paired with sake, but winemakers near Mount Fuji are on a mission to prove their bottles go just as well with crispy tempura and delicately sliced raw fish. With its abundant rain and formidable summer humidity, Japan is far from ideal wine terroir, so producers have fine-tuned their craft to adapt to the challenges of the climate. The result is an […]
Stockholm, Sweden | AFP | Swedish furniture giant Ikea posted a six percent rise in full-year sales on Thursday, in what it described as a “challenging” year due to inflation and scaling back in Russia. Following Russia’s invasion of Ukraine, Ikea closed its 17 shops and halted production in the country, where it was one of the largest Western employers before the war with 15,000 employees. According to Dutch holding company Inter Ikea’s CEO […]
New York, United States | AFP | US inflation jumped more than expected in September, according to government data released Thursday, in the latest sign that pricing pressures have become more intractable despite aggressive central bank action. US prices rose 0.4 percent in September compared to August, twice the 0.2 percent projected by analysts, with price increases for food, shelter and medical care weighing on consumers, according to data from the Bureau of Labor […]
San Francisco, United States (AFP) — Billionaire Silicon Valley investor Yuri Milner said Monday he had renounced his Russian citizenship. “My family and I left Russia for good in 2014, after the Russian annexation of Crimea. And this summer, we officially completed the process of renouncing our Russian citizenship,” the Moscow-born Milner tweeted. Milner, founder of the internet investment firm DST Global and one of the original investors in Facebook, has been an Israeli citizen […]
Washington, United States | AFP | Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked back down to the same level as July, the government reported Friday. The data showed 263,000 jobs were added last month, while the unemployment rate slipped two-tenths of a percentage point to 3.5 percent, the Labor Department said. The steady slowdown in new positions added in the world’s largest economy is good news […]
Paris, France | AFP | Scammers have stolen $100 million in cryptocurrency from Binance, the world’s biggest exchange for cryptoassets, the firm said on Friday. Company chief Changpeng Zhao wrote on Twitter that “an exploit” in the system led to extra production of the exchange’s dedicated currency, adding: “The current impact estimate is around $100m.” “The issue is contained now. Your funds are safe. We apologise for the inconvenience and will provide further updates accordingly,” […]
Washington, United States | AFP | by Heather SCOTT IMF chief Kristalina Georgieva urged global policymakers Thursday to take concerted action to avoid a “dangerous ‘new normal,’” as the risks of a worldwide recession are driven ever higher by repeated economic shocks. In a speech ahead of the fund’s annual meetings next week, the IMF’s managing director said it was critical to “stabilize the global economy by addressing the most immediate challenges” — including […]
Paris, France | AFP | World food prices have fallen for a sixth month in a row in September, UN data showed Friday, as they continued to decline since a record reached following Russia’s invasion of Ukraine. The Food and Agriculture Organization said its price index, which tracks the monthly change in international prices of a basket of food commodities, averaged 136.3 points in September, a 1.1 percent drop from August. The index, however, was […]
