MADRID Tue Mar 25, 2014 3:59pm EDT (Reuters) – Spain’s Constitutional Court on Tuesday partially struck down a sovereignty claim approved by lawmakers last year in the northern region of Catalonia, a vital step toward a referendum on full independence, court papers showed. In January 2013, Catalonia’s regional parliament unanimously adopted a declaration of self-determination saying the people had the right to vote on breaking away from the rest of Spain. The Madrid court declared […]
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Exclusive: Blackstone close to $5.5 billion-plus Gates takeover – sources
By Soyoung Kim and Greg Roumeliotis NEW YORK Tue Mar 25, 2014 6:02pm EDT (Reuters) – Blackstone Group LP is close to a deal to buy industrial conglomerate Gates Global Inc for more than $5.5 billion, people familiar with the matter said, in what would be one of the largest leveraged buyouts so far this year. The buyout firm is in the final stages of negotiations with Gates’ private equity owners, Onex Corp and the […]
Wall Street rebounds; biotech shares snap losing streak
By Angela Moon NEW YORK Tue Mar 25, 2014 6:51pm EDT (Reuters) – U.S. stocks ended higher on Tuesday, rebounding from a two-day decline as the hard-hit biotechnology sector regained its momentum and a strong read on consumer confidence increased optimism about the economy. Trading was choppy throughout the day with the Nasdaq at one point turning lower, led by a sharp reversal in biotech shares. .So-called momentum stocks were still down for the day […]
Facebook to buy virtual-reality goggles maker for $2 billion
By Alexei Oreskovic and Malathi Nayak SAN FRANCISCO Tue Mar 25, 2014 6:43pm EDT (Reuters) – Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever hardware deal. The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks a big bet by Facebook to anticipate the next […]
Infographics: March Graduation Trivia
First and foremost, Eagle News PH would like to congratulate all the graduates of batch 2014. You finally did it, with more than 16 years in school, everything was finally paid off. All your hard works and sacrifices has been recognized, and now you are facing the new chapter of your lives. Here is a March Graduation Trivia, composed of ‘Graduation meaning’, ‘Facts about Graduation and Education’ for your information.
De Lima lauds conviction of couple for trafficking in persons
Justice Secretary Leila De Lima lauded Muntinlupa Regional Trial Court decision sentencing a couple for violation of the Anti-Trafficking in Person of 2003.
Japan and UNDP intensify support to “Yolanda” recovery efforts
Japan and UNDP signed a memorandum of agreement to intensify Japan’s support for the victims of “Yolanda”
Egypt court sentences 528 brotherhood members to death
An Egyptian criminal court sentenced 528 members of the Muslim Brotherhood to death after assaulting police premises.
Low pressure area continues to bring light rains over Luzon
PAGASA said that the low-pressure area in Palawan will continue to cause rains in Luzon.
Malaysian parliament observe minute of silence for MH370
The Malaysian parliament observed a minute of silence for the MH 370 prior to the session opening. The Malaysian Prime Minister said that satellite findings concluded that the said flight crashed landed in the southern Indian Ocean.
Disney to buy YouTube network Maker Studios for $500 million
(Reuters) – The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. The price tag could rise to $950 million if Maker hits certain performance milestones, Disney said, confirming what a source told Reuters earlier on Monday. Maker, founded in 2009, is one of the largest […]
G7 Countries suspended participation in G8’s activities
In a statement issued by the leaders of United Kingdom, Italy, Japan, France, Germany, Canada and United States issued a statement saying that they have withdrawn from participating in activities of G8. The Group of Seven said that Russia’s actions in the recent weeks are not in line with the group’s beliefs.
