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(Eagle News) — The Supreme Court has ruled Palawan was not entitled to a share in the proceeds derived from the Camago-Malampaya project. In granting the national government’s petition for a reversal of the December 16,2005 decision of the Palawan regional trial court, and in denying the petition for review filed by Catholic bishop Arigo Pedro Dulay the SC argued the reservoir, in the first place, was not within the territorial jurisdiction of the province. […]
TOKYO, Japan (AFP) — Toshiba shares tumbled in early trading Tuesday after news reports that the troubled industrial giant would again delay announcing its financial results. The stock lost 6.1 percent to 201.8 yen in the first few minutes before rebounding slightly to 204.8 yen, still down 4.69 percent from the previous day. Toshiba, reeling from huge losses at its United States nuclear power unit, was to issue its April-December financial results on Tuesday, one […]
