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SAN FRANCISCO, United States (AFP) — Apple’s move to slow down older iPhones as batteries weaken is under scrutiny by US prosecutors and stock market regulators, according to a report Tuesday by Bloomberg. The US Department of Justice and the Securities and Exchange Commission are investigating whether Apple broke the law by failing to disclose a software update that made older iPhone models function slower, Bloomberg reported, citing unnamed people familiar with the matter. It […]
QUEZON CITY, Philippines (Eagle News) — Rice prices has increased by Php 1.00 to Php 2.00 per kilo in the third week of January 2018. The Kilusang Magbubukid ng Pilipinas shared the price monitoring report of the Philippine Statistics Authority which said that special well-milled rice increased by Php 1.00 per kilo while premium well-milled rice increased by Php 2.00 per kilo. “The price monitoring of the Philippine Statistics Authority (PSA) has noted rice price […]
MANILA, Philippines (Eagle News) — Pinag-iingat ng Pangulong Rodrigo Duterte ang Indian nationals na nais mag-negosyo sa ilang lugar sa Mindanao. Sa kanyang pakikipag-pulong sa ilang grupo ng mga negosyante sa India, inamin ng Pangulo na tuloy pa rin ang banta ng terorismo sa ilang bahagi ng Mindanao Region. Sinabi pa ng Pangulo na hindi malayong targetin ng mga kalaban ng estado ang Indian nationals at iba pang foreign investors sa kanilang paghahasik ng lagim. […]
by Clare Byrne Agence France-Presse PARIS, France (AFP) m– President Emmanuel Macron has “completely changed” France’s image, telecoms billionaire Xavier Niel said Wednesday, crediting the youthful, pro-business politician with attracting an influx of tech talent. “He has given France a pro-startup, pro-entrepreneur image abroad that we did not really have before,” said Niel, who bankrolled a giant startup incubator on the banks of the Seine river in Paris that opened a month after Macron’s election […]
NEW YORK, United States (AFP) — The US subsidiary of South Korea’s LG Electronics warned retailers on Wednesday that it will raise prices of its washing machines following import duties imposed by the Trump administration this week. It was the first concrete reaction to the trade measures announced this week that have angered US trading partners. “As a result of the trade situation, we will be initiating pricing actions,” Thomas Yoon, executive vice president of […]
by John BIERS NEW YORK, United States (AFP) — Wall Street stocks pulled back from records and the dollar fell Thursday as anxiety over a possible US government shutdown weighed on investor sentiment. All three major US indices suffered declines, with the Dow dropping the most after ending above 26,000 for the first time on Wednesday. Analysts also cited lofty equity valuations and profit taking as factors in the dip. London slid on a rising […]
HONG KONG, China (AFP) — Hong Kong stocks ended Friday with further gains, bringing an end to a spectacular week for the benchmark index that has seen it push to new records. The Hang Seng Index climbed 0.41 percent, or 132.95 points, to finish at 32,254.89. The benchmark Shanghai Composite Index climbed 0.38 percent, or 13.11 points, to 3,487.86 — putting on 1.72 percent over the week. But the Shenzhen Composite Index, which tracks stocks […]
HONG KONG, China (AFP) — Asian markets mostly rose Friday after another positive week across trading floors but investors’ desire for more buying was being tested by profit-taking and worries about a possible US government shutdown. Wall Street came off record highs to end lower as Washington lawmakers bicker over a federal funding deal, which must be passed by midnight on Friday US time. The House of Representatives passed a bill on Thursday but there […]
FRANKFURT AM MAIN, Germany (AFP) — Germany’s Volkswagen said Wednesday it sold a record number of vehicles in 2017, putting it on track to hold on to the title of world’s largest carmaker two years after its “dieselgate” emissions scandal. Some 10.74 million vehicles from VW or its subsidiaries ranging from Porsche and Audi to Skoda and Seat rolled out of dealerships last year — an increase of 4.3 percent over the previous year, the […]
QUEZON CITY, Philippines (Eagle News) — Various oil companies added Php 0.80 centavos to every liter of gasoline and Php 0.55 centavos in the price of diesel and kerosene. Flying V, one of the independent oil players in the country, implemented its increase at 12:01 AM today, Tuesday, January 16, 2018. Pilipinas Shell, Phoenix Petroleum Philippines, PTT, and Eastern Petroleum, Seaoil, Total, and JETTI followed suit but their increase took effect at 6 AM. The […]
by John BIERS / Nova SAFO Agence France-Presse DETROIT, United States (AFP) — Car makers appealed to Americans’ deep love of SUVs and trucks on Monday at the Detroit Auto Show, unveiling a host of choices from luxurious to utilitarian, while also beefing up the humble sedan. From European car makers to American icons, there were dozens of new offerings for the North American market. While sedans and electric cars were still in the game, […]
LONDON, United Kingdom (AFP) — British construction and outsourcing services group Carillion announced its immediate liquidation Monday after the heavily-indebted company failed to secure a financial rescue from the UK government and banks. Carillion, which employs 43,000 staff worldwide including 19,500 in Britain, said that the government would nevertheless provide some funding to allow current state projects to continue, following crunch talks over the weekend. “This is a very sad day for Carillion, for our […]
