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By: Rod Delapaz, Eagle News Service USA, New York Bureau What does it take to be successful in business? Is “talent” really enough? What if you have a great idea that you think is worth millions? Is that your golden ticket to financial freedom? These are some of the many questions that small businesses and entrepreneurs have when starting a business venture. These uncertainties bring on the need for events like the Small Business Expo. […]
HONG KONG, China (AFP) — Oil prices pressed on with fresh gains in Asian trade Tuesday, boosting energy firms, after Russia and Saudi Arabia indicated they could extend an output cut into next year. The world’s top two crude-producing nations raised the idea at the weekend, with a deal agreed between the Organization of the Petroleum Exporting Countries — of which Saudi Arabia is the key player — and Russia coming to an end in […]
LONDON, United Kingdom (AFP) — The Paris stock market rebounded at the start of trading on Tuesday after sliding the previous session in the wake of Emmanuel Macron’s French presidential victory. The Paris CAC 40 index gained around 0.4 percent to 5,404.14 points at the open compared with Monday’s close. The French index had slid almost one percent by the close on Monday as investors quickly looked beyond Macron’s victory to bet on whether the pro-EU […]
President Rodrigo “Rody” Duterte poses with Taiwanese investors in a photo opportunity at the President’s Hall in Malacañang on Monday, May 8, 2017. Joining him are the officials of the Idef Group.
While the Philippines has exceeded all expectations to become a global center of growth, there are “deep concerns about the Philippine economy.” “Unless new growth industries can be found and developed immediately, the Philippine economic miracle could be finished in the next three years,” organizers of the Asia CEO Awards said. These concerns include populist politicians who have suddenly burst onto the world stage. “Blaming ‘foreigners’ for job losses and everything else, they are frothing-at-the-mouth […]
HONG KONG, China (AFP) — HSBC said on Thursday that pre-tax profit fell 19 percent in the first three months of the year but the bank’s chief described them as “a good set of results” after a turbulent 2016. The London-based giant has been on a recovery drive over the past two years aiming to slash costs with measures including laying off tens of thousands of staff and slimming down its business. It blamed the […]
by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Facebook on Wednesday reported that its quarterly profit surged as its ranks of monthly users closed in on two billion, but warned of rising expenses and slowing revenue growth. The leading social network said it made a profit of $3.06 billion on $8.03 billion in revenue in the first three months of this year, posting increases of 76 percent and 49 percent, respectively, compared […]
(Eagle News) — Inihayag ni Agriculture Secretary Manny Piñol na bumubuti at nagiging maayos na ang produksyon ng sibuyas sa bansa. Sinabi ni Piñol na ang kailangan na lang ngayon ng mga magsasaka, partikular na sa Nueva Ecija, ay karagdagang cold storage. Paliwanag ng kalihim, isang beses lamang sa isang taon umaani ng sibuyas. Hindi naman kaagad naibebenta ang sibuyas sa merkado, kung kaya kinakailangang itabi ang mga ito. At kapag nasa cold storage aniya […]
TOKYO, Japan (AFP) — Sony said Friday it is on track to report its highest annual operating profit in 20 years owing to strong sales in its smartphone component business and PlayStation console division. The once all-conquering company, which has been emerging from a painful restructuring, said it expects its operating profit to hit 500 billion yen ($4.5 billion) in the year to March 2018. That would be its best figures since a 525.7 billion […]
by Yussel GONZALEZ Agence France-Presse In a teeming, hardscrabble neighborhood on the outskirts of Mexico City, Virginia Solis spends a big part of her day hauling sloshing buckets to her home — one of tens of thousands in the capital without running water. Solis lives in the shadow of a ruddy mountain on the sprawling city’s far east side, in an impoverished district called Iztapalapa. There are no water pipes in her neighborhood. Instead, tanker […]
NEW YORK, United States (AFP) — Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said Tuesday. The maker of Sprite and Fanta announced the job cuts as it reported lower second-quarter profits due to restructuring costs and flat sales amid efforts to tout new low-sugar beverages in response to flagging demand for soda. The job cuts account for about one percent of the […]
(Reuters) — “The Fate of the Furious” netted another win at the North American Box office from Friday (April 21) through Sunday (April 23). The film earned more than 38 million this weekend and a total of 163 million in combined U.S. sales according to Box Office Mojo. It has already garnered more than 908 million dollars worldwide. In the second place slot, a hold over from previous weeks is “The Boss Baby” which added […]
