Other News

Brexit would be ‘act of self-harm’: EU Commission chief

ATHENS, Greece (AFP) — European Commission President Jean-Claude Juncker warned Britain Tuesday that voting to leave the EU would be “an act of self-harm” that would endanger everything Europeans had worked together to achieve. “To turn your backs on your neighbors and retreat into isolation would go against everything that Europe and the UK stand for,” Juncker said during an address to Greek business leaders in Athens, adding: “To leave would be an act of […]

Nestle to offer jobs training to 300,000 African youths

ABIDJAN, Ivory Cost (AFP) — Swiss company Nestle will offer on-the-job training for 300,000 African youths to offset high unemployment that poses “severe economic and social challenges” for the continent, the company announced Tuesday. “We’re going to create more than 3,000 internships and apprenticeships in African countries by the end of 2018,” said chief executive officer Paul Bulcke during an economic conference in Ivory Coast’s capital. “During the same period, we will offer qualified work […]

Facebook signs celebrities to boost live video

NEW YORK — United States (AFP) — Facebook said Tuesday it has signed a series of deals to pay celebrities and media companies to produce content for its new live video streaming service. The test program calls for “a relatively small number partners that includes a broad range of content types from regions around the world” receiving “temporary financial support to encourage experimentation with this new format,” Facebook said in a statement. The Wall Street […]

Tesla offers about $2.7 bln for SolarCity

NEW YORK, United States (AFP)–Tesla Motors announced a bid Tuesday to acquire SolarCity and position the electric carmaker as a leader across the clean energy sphere. Under the all-stock deal, Tesla offered SolarCity between $26.50 and $28.50 a share, depending on a volume-weighted five-day average price of Tesla shares. SolarCity has a market capitalization of $2.1 billion and the Tesla offer amounts to about $2.7 billion. “We would be the world’s only vertically integrated energy company […]

NBA: Viewers, social media, sales add to Finals records

NEW YORK, United States (AFP) — Not only did LeBron James and the Cleveland Cavaliers make the greatest comeback in NBA Finals history to dethrone the Golden State Warriors, they broke viewership, social media and souvenir sales records as well. The NBA announced Tuesday that the epic seven-game series was America’s most watched NBA championship final since 1998, when Michael Jordan won the last of his six career crowns, as well as the most-viewed NBA […]

Brexit battle on knife edge in last 48 hours

  LONDON, United Kingdom (AFP) – by David Williams Financier George Soros warned of a Black Friday plunge in sterling if Britain votes to quit the EU as new polls showed a razor-tight race 48 hours ahead of the referendum. The man who made a fortune by betting against the pound in the so-called Black Wednesday of September 1992 said that a rejection of the European Union would deliver a major financial shock. Britain, the world’s […]

EU agrees anti-tax evasion deal

  BRUSSELS, Belgium (AFP) – The European Union agreed a raft of anti-tax evasion measures Tuesday that would make it harder for multinationals to shift profits to countries with lower taxes, but critics said they were too watered down. The proposals were agreed on provisionally by the EU’s 28 finance ministers on Friday, following major revelations in the Panama Papers and LuxLeaks scandals of tax schemes enjoyed by big banks, companies and wealthy individuals. Final holdouts […]

China’s Tencent to buy Finnish game-maker Supercell for $8.6bn

HONG KONG, China (AFP) – Chinese Internet giant Tencent on Tuesday announced it had agreed to buy Finnish game-maker Supercell Oy, creator of “Clash of Clans”, from Japanese mobile giant SoftBank for $8.6 billion. “The board is pleased to announce that on 21 June 2016, the consortium…has agreed to acquire a majority equity interest in Supercell,” a Tencent statement filed to the Hong Kong stock exchange said. Supercell is the creator of hugely popular mobile games […]

Five nations deploy aircraft to battle deadly Cyprus fires

NICOSIA, Cyprus  (AFP) – Five foreign governments deployed aircraft to Cyprus on Tuesday to help battle the island’s worst forest fires in years, which have claimed the lives of two firefighters and blighted swathes of countryside. France and Italy were the latest countries to send planes to assist more than 300 firefighters attempting to put out the blazes which have ran amok as the island swelters under temperatures exceeding 40 degrees Celsius (104 Fahrenheit). Two British, […]

Ocean Month 2016: United for an abundant ocean

U.S. Embassy Manila celebrates Oceans Month (and Oceans Day on June 8) with Luis Manzano, WWF-Philippines’ “Ambassador”, as he talks about the efforts the U.S. and the Philippines undertake to preserve the ocean and keep it healthy, clean and blue.

Fete Dela Musique celebrates 22 years in the Philippines

Fete Dela Musique it’s a unique collaborations between alliance Francaise de Manille, the embassy of France to the Philippines, tourism promotions board of the Philippines in partnership with B-side Productions. The music festival will open simultaneously last Saturday, June 18, the second day will take place this coming Thursday, June 23 at the Puerta Real Gardens in Intramuros, Manila. This year, the festival will be headlined by Philippine’s finest bands and musicians such as Up […]

US Navy sends two aircraft carriers to West Philippine Sea

QUEZON City, Philippines – The United States Navy sent two aircraft carriers to the West Philippine Sea. The aircraft carriers are expected to stop any disturbances in the region as military tensions rise due to the actions of China. The aircraft carriers were sent before the international court issues its decision regarding the Philippines’ case against China. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos)