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Nokia testing emergency drone tech system in PH

ABS-CBN News
Dec 12 11:34 PM

The collaboration with Nokia Bell Labs will use a network of LTE-connected drones equipped with cameras and sensors that can be deployed to disaster areas along with a portable LTE network. Read more »

EU-Japan trade deal approved for 2019 star

Foo Yun Chee, Reuters
Dec 12 09:24 PM

European Union and Japanese plans to form the world's largest free trade area cleared their final hurdle on Wednesday when EU lawmakers backed a partnership set to enter force early next year. Read more »

Huawei CFO granted bail; Trump might intervene

Julie Gordon and Anna Mehler Paperny, Reuters
Dec 12 07:48 PM

The arrest of Huawei CFO Meng Wanzhou has put a further dampener on Chinese relations with the United States and Canada at a time when tensions were already high over a trade war and US accusations of Chinese spying. Read more »

LOOK: Makati subway breaks ground, scale model unveiled

ABS-CBN News
Dec 12 06:50 PM | Updated Dec 12 07:47 PM

The 10-station train system spans 10 kilometers with stops in key points around Makati. Read more »

How to Say No to People Who Want to Borrow Money

MoneyMax.ph
Dec 12 04:59 PM

Tired of people asking you for a loan for the nth time? Wondering how you can properly refuse family and friends who want to borrow money again? Read more »

Angkas offers discount despite SC halt order

ABS-CBN News
Dec 12 04:36 PM

Angkas announced a P99-discount that can be availed by passengers twice with the promo code "AngkasTRO." Read more »

Feud over 'pork' comeback allegations imperils 2019 budget passage

ABS-CBN News
Dec 12 04:33 PM | Updated Dec 13 01:21 AM

The Philippines on Wednesday was on the brink of ending the year without a national budget for the next 12 months as Speaker Gloria Arroyo's allies clashed with officials of the executive over alleged billions of pesos in alleged "insertions." Read more »

ADB keeps Asia Pacific growth forecast, sees inflation easing

ABS-CBN News
Dec 12 04:24 PM

ADB retained its regional growth forecast for 2018 at 6 percent and for 2019 at 5.8 percent. Read more »

FDA, maghihigpit sa paglagay ng tamang porma ng expiration date

ABS-CBN News
Dec 12 03:54 PM | Updated Dec 12 10:05 PM

Mahigpit nang ipatutupad ng Food and Drug Administration (FDA) ang paglalagay ng expiration date na may tamang porma sa manufactured goods, lalo na sa pagkain. Read more »

ABS-CBN inaugurates sound stages, aims for Hollywood-caliber production

ABS-CBN News
Dec 12 03:22 PM | Updated Dec 12 05:41 PM

The brainchild of ABS-CBN chairman emeritus Eugenio "Gabby" Lopez III, the sound stages in San Jose del Monte, Bulacan will help the Philippines' largest media and entertainment network bring its content to international audiences and cut costs at the same time. Read more »

House to press further inspection of 2019 budget: Andaya

ABS-CBN News
Dec 12 01:35 PM | Updated Dec 12 01:50 PM

House Majority Leader Rolando Andaya Jr the Senate had also agreed on a partial reenacted budget for 2019. Read more »

Diokno on alleged P75-B budget 'insertions': Not my job to pick contractors

ABS-CBN News
Dec 12 12:43 PM | Updated Dec 12 12:44 PM

Diokno also warned against not passing the 2019 General Appropriations Act before the end of the year, saying a reenactment of this year's expenditure program would "interrupt growth momentum." Read more »

Supreme Court halts court order that favored Angkas operations

Mike Navallo, ABS-CBN News
Dec 12 12:22 PM | Updated Dec 12 04:54 PM

The Supreme Court has issued a temporary restraining order against a Mandaluyong Court decision that barred authorities from apprehending drivers operating under motorcycle-hailing firm Angkas, a source said Wednesday. Read more »

Aerospace and infra firm Honeywell eyes expansion in Philippines

ABS-CBN News
Dec 12 10:57 AM | Updated Dec 12 11:59 AM

The American conglomerate is involved in maintenance repair and overhaul of commercial aviation wheels and breaks, among others. Read more »

Seat sale: Cebu Pacific, AirAsia announce '12-12' promos

ABS-CBN News
Dec 12 09:09 AM

On '12-12,' Cebu Pacific and AirAsia announced seat sales. Read more »

Trump says 'foolish' for Fed to raise rates next week

Reuters
Dec 12 08:48 AM

Trump has repeatedly railed against Fed chairman Jerome Powell. He told Reuters in August that he was not "thrilled" with the US central bank raising interest rates. Read more »

Trump to intervene in arrest of Huawei CFO

Steve Holland, Jeff Mason and Roberta Rampton, Reuters
Dec 12 08:42 AM

Trump, who wants China to open up its markets to more American-made products and stop what Washington calls the theft of intellectual property, said he had not yet spoken to Xi about the case against Huawei CFO Meng Wanzhou. Read more »

Google CEO spars with lawmakers on bias, privacy

Rob Lever, Agence France-Presse
Dec 12 08:32 AM

Google chief executive Sundar Pichai parried US lawmakers Tuesday over complaints of political bias and intrusive data collection as the internet giant came under heavy criticism from conservatives. Read more »

Asia stocks cautious, pound pummeled by politics

Wayne Cole, Reuters
Dec 12 08:20 AM

MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.09 percent in sporadic early trading. Read more »

Canadian court grants bail to CFO of China's Huawei

Julie Gordon and Michael Martina, Reuters
Dec 12 07:19 AM | Updated Dec 12 08:04 AM

A Canadian court on Tuesday granted bail to a top executive of Huawei Technologies Co Ltd while she awaits an extradition hearing, following her arrest at the request of the United States Read more »

McDonald's unveils plan for cutting antibiotics in beef

Agence France-Presse
Dec 12 06:27 AM | Updated Dec 12 07:34 AM

NEW YORK - McDonald's announced a plan on Tuesday for a phased reduction of antibiotics in beef, expanding a health-oriented reform to a new meat source other than chicken. Read more »

Andaya grills Diokno over 2019 budget 'insertion'

Vivienne Gulla, ABS-CBN News
Dec 12 12:10 AM

Andaya, who was budget secretary during the term of then President Gloria Macapagal-Arroyo, asked Diokno to explain the "insertion" of P51 billion in the DPWH budget. Read more »