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by Daniel ARONSSOHN / Corentin DAUTREPPE Agence France-Presse PARIS, France (AFP) — Arrested car boss Carlos Ghosn has resigned as chief executive and chairman of Renault, ending his leadership roles in the auto industry and signalling the start of new era for the French manufacturer. Ghosn, the most powerful man in car-making until his sensational arrest last November in Japan on financial misconduct charges, had already been sacked as chairman of Japanese auto groups Nissan […]
HONG KONG, China (AFP) — Asian markets rose Thursday as investors try to ascertain the state of play in the China-US trade row, while the pound edged higher on optimism Britain will not crash out of the European Union. However, the US government shutdown continued to rankle, with Democrats and Donald Trump digging their heels in over the president’s border wall budget demand, while a White House official warned it could hammer the world’s top economy. […]
(Eagle News)–A 5.5-magnitude earthquake struck Cagayan on Thursday, Jan. 24. The Philippine Institute of Volcanology and Seismology said the quake, which was tectonic in origin, hit 27 kilometers northwest of Calayan at 4:34 p.m. An intensity IV was registered in Laoag City; Bacarra, Pasuquin, and Vintar, Ilocos Norte; while an intensity III was felt in Cervantes, and Sinait, Ilocos Sur. The following instrumental intensities were also recorded: Intensity IV in Pasuquin, Ilocos Norte; Intensity III in Sinait, […]
Mislatel reiterates it went through the proper process (Eagle News) — Mislatel on Thursday, Jan. 24, reiterated it went through the proper process before it was chosen as the country’s third telco player, even as opposition Senator Antonio Trillanes claimed the consortium had been favored by the government. In a statement read before the Senate committee on public services, Dennis Uy, chairman of Udenna and Chelsea Logistics, which, together with China Telecom, and Mindanao Islamic Telephone […]
DAVOS, Switzerland (AFP) — UN chief Antonio Guterres on Thursday warned that the world is “losing the race” on climate change as he demanded that governments make bolder commitments beyond the Paris accord. “Climate change is the defining issue of our time. We are losing the race,” he said on the margins of the World Economic Forum in Davos. “It is absolutely central to reverse this trend.” Guterres said he was “not hopeful” that nations […]
ADELAIDE, Australia (AFP) — Temperatures in southern Australia topped 49 degrees on Thursday, shattering previous records as sizzling citizens received free beer and heat-stressed bats fell from trees. The Bureau of Meteorology reported temperatures of 49.5 Celsius (120 Fahrenheit) north of Adelaide, while inside the city temperatures reached 47.7 Celsius, breaking a record that had stood since 1939. Adelaide residents are used to sweltering days during the southern hemisphere summer, but even they struggled with […]
(Eagle News) — The International Union for Conservation of Nature (IUCN) has marked tawilis or “sardinella tawilis,” a freshwater sardine species found exclusively in the Philippines, particularly in Taal Lake, as an “endangered” species because of the alarming decrease in its population. The IUCN included tawilis in its Red List of Threatened Species, saying this fish species is decreasing. The international agency cited a study done in 2017 which found that over-fishing, pollution, habitat degradation,and […]
(Eagle News) — Albay Rep. Edcel Lagman on Thursday, Jan. 24, slammed the House of Representatives after it approved on second reading a bill lowering the age of criminal responsibility to 12 years old. In a statement, Lagman said the House was a “chamber of regressive legislation” for approving on second reading House Bill 8858 on Wednesday, Jan. 23. The approved bill had been amended to allow for the change in the minimum age of […]
SEOUL, South Korea (AFP) — South Korea’s largest automaker Hyundai Motor reported its first quarterly loss in eight years on Thursday, with currency swings sending it $180 million into the red in October-December despite improved sales. Operating profit fell 35 percent from a year earlier to 501 billion won ($443 million), the firm said in a statement, and it made a net loss of 203 billion won. “Due to weakened currency in emerging markets coupled […]
(Eagle News) — The Commission on Human Rights on Thursday, Jan. 24, expressed opposition to lowering the age of criminal liability anew even after the House of Representatives amended its original proposal pegging the minimum age of criminal liability at nine years old to 12 years old. The amended bill was approved by the House on second reading on Wednesday, Jan. 23. A bill that pegs the minimum age of criminal liability at 13 years […]
TORAJA, Indonesia (AFP) — For decades, there wasn’t a coffee shop anywhere in Indonesia’s Toraja region even as its high-quality beans grabbed top dollar on the international market. Locals in the lush, mountainous area on Sulawesi island used the bitter beverage in traditional ceremonies, gave away their extra beans to neighbors for free or traded them for a sack of rice and livestock. But Toraja is experiencing a mini-explosion in cafés, with dozens of shops sprouting […]
LOS ANGELES, United States (AFP) — James Harden took his high-scoring act to Madison Square Garden on Wednesday where he dazzled his way to a season-high 61-points as the Houston Rockets edged the hapless New York Knicks 114-110. “Every time I come to the Garden I got to put on a show. They expect it and that is what I gave them,” said Harden. Harden is scoring at a pace the NBA hasn’t seen since […]
