News

Canceled flights due to Ompong: Sept 14, 15, 16

ABS-CBN News
Sep 14 12:32 PM | Updated Sep 15 12:19 AM

Some airlines canceled several flights starting Friday in anticipation of Typhoon Ompong.  Read more »

Budget-Friendly Places to Visit this Holiday Season

MoneyMax.ph
Sep 14 11:44 AM

Whether it’s for a family reunion, bonding with friends, or just a solo trip, here are the top budget-friendly travel destinations to consider for your holiday vacation. Read more »

SM, Robinsons, Ayala Malls waive overnight parking fees in some areas

ABS-CBN News
Sep 14 10:59 AM | Updated Sep 14 03:02 PM

SM City Tarlac, SM Megacenter Cabanatuan, SM City Cabanatuan in Nueva Ecija and SM Center Tuguegarao Downtown in Cagayan will not charge overnight parking fees on Friday. Read more »

Google's China plan spurs inquiry from US lawmakers, staff departures

David Shepardson and Paresh Dave, Reuters
Sep 14 09:35 AM

A bipartisan group of 16 US lawmakers asked Alphabet Inc's Google on Thursday if it would comply with China's internet censorship and surveillance policies should it re-enter the Chinese search engine market. Read more »

Macron macaroons? Presidential souvenirs go on sale in France

Agence France-Presse
Sep 14 08:25 AM

From watches and coloring books to fancy red, white and blue macaroons, a new line of official Elysee-branded goods celebrating the French presidency goes on sale this weekend.   Read more »

Global stocks mixed on tepid US inflation, trade talk hopes

Agence France-Presse
Sep 14 08:12 AM

Analysts also said sentiment was boosted by a Turkish decision to hike interest rates, which boosted the Turkish currency. Read more »

Amazon's Jeff Bezos unveils $2 billion philanthropic fund

Rob Lever, Agence France-Presse
Sep 14 08:07 AM | Updated Sep 14 09:30 AM

Bezos made the announcement on Twitter a year after asking for ideas on how he could use his personal fortune -- now estimated at more than $160 billion -- for charitable efforts. Read more »

Walmart's purchase of Mexico food delivery app set to spur e-commerce

Daina Beth Solomon, Reuters
Sep 14 07:30 AM

Walmart Inc will acquire Latin American food delivery service Cornershop for $225 million, it said on Thursday, in a move to ramp up its online grocery business in Mexico and Chile. Read more »

Volkswagen to end production of the Beetle next year

Arunima Banerjee and Joseph White, Reuters
Sep 14 07:27 AM | Updated Sep 14 07:54 AM

Volkswagen said on Thursday it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture as the automaker prepares for a leap toward a future of mass-market electric cars. Read more »

Surging imports, inclement weather weigh down PH shipping

ABS-CBN News
Sep 13 11:43 PM

Aside from a weak peso, the local shipping industry is also weighed down by port congestion and the threat of inclement weather. Read more »

PH shares snap 6-day losing streak

ABS-CBN News
Sep 13 11:35 PM

Philippine shares joined the mostly positive trading session in Asia as investors in the region cheered positive news on the U.S.-China trade tensions. Read more »

Dagdag-singil ng Maynilad sa susunod na 5 taon, aprubado na

ABS-CBN News
Sep 13 10:17 PM

Inaprubahan nitong Huwebes ng Metropolitan Waterworks and Sewerage System Board of Directors ang hirit na dagdag-singil ng Maynilad na uutay-utayin sa loob ng limang taon. Read more »

ECB sticks to stimulus exit plan despite 'uncertainties'

Agence France-Presse
Sep 13 09:55 PM

European Central Bank chief Mario Draghi on Thursday played down risks to the eurozone economy in the face of rising "uncertainties", as the bank stuck to its plan to scale back stimulus this year. Read more »

Sardinas, posibleng magtaas-presyo dahil sa pagsadsad ng piso

ABS-CBN News
Sep 13 09:33 PM

Maaaring tumaas ang presyo ng mga bilihin gaya ng de-lata dahil sa pagsadsad ng piso kontra dolyar, ayon sa grupo ng mga manufacturer ng mga de-latang sardinas.  Read more »

'No-deal' Brexit? Britain sets out the damage for consumers and business

Andy Bruce and Kylie MacLellan, Reuters
Sep 13 09:14 PM

Britain published new advice to businesses and the public on Thursday about how to cope with the disruption that leaving the European Union without a divorce deal would cause to everything from data protection to driving licences. Read more »

Third telco will boost financial inclusion: Espenilla

Jan Yumul, ABS-CBN News
Sep 13 09:10 PM

Bangko Sentral Governor Nestor Espenilla Jr. believes the entry of a third major telecommunications player will be a big boost to the central bank's drive for digital financial inclusion. Read more »

Turkey central bank hikes policy rate by 625 basis points

Reuters
Sep 13 08:45 PM

Turkey's central bank raised its benchmark rate by 625 basis points on Thursday in a move that boosted the lira and may ease investor concern about President Tayyip Erdogan's influence on monetary policy. Read more »

Dominguez asks Customs to release seized rice, food for disaster relief

ABS-CBN News
Sep 13 07:57 PM | Updated Sep 13 10:11 PM

Finance Secretary Carlos Dominguez said Thursday he has asked the Bureau of Customs to release all seized rice and food items in its possession to the Department of Social Welfare and Development so they could be used for disaster relief. Read more »

'Crucial period' for oil as Iran exports shrink: IEA

Serene Assir, Agence France-Presse
Sep 13 06:07 PM

Global oil output hit a record of 100 million barrels per day in August, but the market may tighten and prices rise as exports from Iran and Venezuela decline, the International Energy Agency said Thursday. Read more »

China welcomes US trade talks offer as new tariffs loom

Ryan McMorrow, Agence France-Presse
Sep 13 05:57 PM

China welcomed on Thursday a US offer to hold fresh trade talks, adding that the two are discussing the details and providing some hope the world's top economies could step back from the brink of an all-out trade war.  Read more »

Ayala infra arm eyes more projects after NAIA

ABS-CBN News
Sep 13 04:50 PM

AC Infrastructure is looking for other projects after its consortium were awarded the Original Proponent Status (OPS) to rehabilitate the Ninoy Aquino International Airport (NAIA) Read more »

Duterte economic team targets food in inflation-taming EO

ABS-CBN News
Sep 13 04:26 PM

The issuance will remove administrative and non-tariff barriers on food imports, and will "zero in" on fish, rice, sugar, meat and vegetables, Socioeconomic Planning Secretary Ernesto Pernia said. Read more »

BPOs need to keep English language edge: Teleperformance

ABS-CBN News
Sep 13 03:30 PM | Updated Sep 13 05:01 PM

The country needs to be more competitive in terms of English proficiency to keep up with BPOs in India, Latin America and the US which also serve English-speaking clients. Read more »

Teleperformance opens 19th site, counts on keeping perks

Jessica Fenol, ABS-CBN News
Sep 13 01:28 PM | Updated Sep 13 01:38 PM

Removing incentives has the potential to affect operational costs of BPO firms in the country, Teleperformance Philippines managing director Travis Coates said during the inauguration of their 19th site in the country.  Read more »

Filipinos' lipstick love helps makeup brand keep sales going

Cathy Yang, ABS-CBN News
Sep 13 01:21 PM | Updated Sep 13 04:37 PM

The sisters behind the Inglot makeup brand in the Philippines said Thursday they were banking on Filipinos' love for lipstick to drive sales, despite rising consumer prices. Read more »