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BRUSSELS: Greek premier Alexis Tsipras was to meet with European Commission chief Jean-Claude Juncker on Thursday after he agreed with the leaders of France and Germany to intensify efforts for a bailout deal aimed at preventing Athens from going bankrupt. Wednesday’s late night talks in Brussels ended without a breakthrough,…

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MUMBAI: Nestle said on Thursday it is challenging a ban imposed by India on its hugely popular Maggi instant noodles brand after tests showed they contained excessive levels of lead. Nestle said it had approached the high court in the western city of Mumbai seeking a judicial review of a…

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LONDON: Oil prices dropped on Thursday as the International Energy Agency (IEA) predicted that a recent surge in world crude demand was set to end. US benchmark West Texas Intermediate for delivery in July fell 58 cents to $60.85 a barrel compared with Wednesday’s closing level. Brent North Sea crude…

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HONG KONG: Asian markets rallied on Thursday following a strong close on Wall Street and hopes for a Greek debt deal, while the dollar recovered after the previous day’s sharp losses. Tokyo climbed 1.68 percent, or 336.61 points, to 20,382.97 thanks to a weaker yen and Sydney added 1.43 percent,…


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BRUSSELS: The European Union’s anti-trust watchdog opened a formal investigation on Thursday into Amazon’s e-book distribution, in the latest Brussels inquiry to target the US-based Internet retailer. The European Commission, the EU executive’s arm, is probing clauses Amazon has with publishers which may shield the company from competitors, including an…

WB warns emerging economies:

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WASHINGTON, D.C.: The World Bank warned emerging economies around the world on Wednesday (Thursday in Manila) of a rocky road ahead as the US moves toward tightening monetary policy and the dollar strengthens. But the development lender’s chief economist also urged the US Federal Reserve to put off any rate…

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CAIRO: Egypt’s former president Hosni Mubarak will face a new court hearing on Wednesday (Thursday in Manila) during which his lawyer will seek his release from prison, judicial sources said. The hearing is the fourth and final case against the long-time president, who was toppled in a popular uprising in…

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WASHINGTON: Human activity is almost certainly the cause of climate change and global sea levels could rise by several feet by the end of the century, according to an Intergovernmental Panel on Climate Change (IPCC) report leaked to media on Tuesday (Wednesday in Manila). The draft summary of the report…

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CISARUA: Sixteen people were killed and dozens injured on Wednesday when a bus plunged into a river as it returned from a church outing on Indonesia’s main island of Java, police said. The bus was carrying 60 passengers from a Jakarta church back to the capital after a visit to…

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TOKYO: Japan declared a radioactive water leak at the crippled Fukushi—ma plant a level-three “serious incident” on Wednesday, its highest warning in two years, as operators scrambled to seal a tank that has seeped 300 tons of toxic water. The leak is the worst since the nuclear crisis began in…

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ISLAMABAD: Heavy monsoon rains triggering floods have affected nearly one million people and killed 139 others across Pakistan in the last three weeks. A senior National Disaster Management Authority official said that rains had hit 3,826 villages and destroyed 13,262 houses all over the country. AFP

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QUETTA: Paramilitary forces on Tuesday seized more than 100 tons of bomb-making chemicals from a truck and a compound in southwest Pakistan and detained 10 suspects. They also found wires, detonators and mixers to turn the chemicals into bombs.  AFP

Today's Breaking News

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Charter Change (Cha-Cha) is dead in the House of Representatives, a House leader announced Tuesday. House Deputy Majority Leader Neptali Gonzales 2nd made the pronouncement alongside his disclosure of the priority measures of the 16th Congress at least until March—a list that does not include Charter Change and the Freedom…

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ZAMBOANG CITY: A homosexual was allegedly strangled to death in a room he was renting in Pagadian City in Zamboanga del Sur province, police said. Police said the 33-year old Alex Nodado was discovered dead by his neighbor at Purok Sunshine in the village of Santiago and informed authorities about…

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The unemployment rate in the Philippines remained at around 7 percent despite the “robust” economic growth” it experienced in the past two years, the International Labor Organization (ILO) said in its Global Employment Trends 2014 report. The country has recorded an in excess of 6.8 percent growth in 2012 and…

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A lawmaker seem to not lose hope as he has recently filed again the local version of the Lemon Law—similar to that of the United States—eyeing for the protection of buyers of motor vehicles. Rep. Mark Villar of Las Piñas City filed House Bill 3199–to provide security when buying brand…

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The new Chinese ambassador to the Philippines will arrive in Manila before the celebration of Chinese New Year on January 31, a source told The Manila Times on Tuesday. Ambassador Zhao Jinhua was named as successor to former Chinese envoy in Manila Ma Keqing, the source, who refused to be…