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Share prices advanced in Tuesday trade, with market sentiment buoyed by the positive economic impact of low global oil prices. Nickel miners led the gains, helping drive the main index up 0.55 percent but not enough to keep it above the psychological benchmark of 7,400 points at the end of…

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MWM Terminals, a subsidiary of Megawide Construction Corp., submitted the lowest annual grantor payment for the P2.5-billion Integrated Transport System (ITS) Southwest Terminal Project. On Tuesday, the Department of Transportation and Communications (DOTC) opened the financial bids of MWM Terminals and Filinvest Land Inc., the only two firms that qualified…

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The European Union said on Tuesday it is more than doubling its grant aid to the Philippines in the next seven years to 325 million euros ($383.5 million, P17.7 billion) from 130 million euros in the previous period. Delegation and EU Member States Embassies launched on Tuesday the 2015 Joint…

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Nickel Asia Corp. said the total volume of nickel ore shipments from its four operating mines increased by more than a fourth last year on the back of higher metal prices and stronger ore production. In a disclosure to the Philippine Stock Exchange, NAC said that total ore shipped and…

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Listed property firm IRC Properties Inc. is looking for potential “strategic investors” for a private placement it plans to conduct in the first quarter of this year. Proceeds of the placement will be used to partially fund its full-year capital expenditure (capex) program. In a disclosure to the Philippine Stock…

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GMA Network (GMA) ended 2014 on a strong note as it ruled over competition in full-year Urban Luzon and Mega Manila ratings, according to widely trusted ratings service provider Nielsen TV Audience Measurement (NUTAM). Based on full-year 2014 ratings with the dates of December 21 to 31, GMA reaffirmed its…

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World

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WASHINGTON, D.C.: The US Treasury on Thursday added 20 companies and individuals to its Iran sanctions blacklist, accusing them of supporting Tehran’s nuclear efforts and helping the country avoid international sanctions. The 20 include Iran-based transport and freight companies Aban Air, DFS Worldwide and Everex, as well as officials of…

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WASHINGTON, D.C.: WikiLeaks has released an annotated version of what it says is a leaked transcript of a documentary that takes a critical look at the antisecrecy group ahead of the film’s US premiere on Friday. WikiLeaks said it had not participated in the making of We Steal Secrets: The…

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HELSINKI: Finnish researchers unveiled new data on Thursday to link the Pandemrix flu vaccine to a higher risk of the sleeping disorder narcolepsy in adults. The new research, conducted by Finland’s National Institute for Health and Welfare, found that Pandemrix-vaccinated adults between the ages of 20 and 64 had a…

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LONDON: Both runways were closed at London’s Heathrow airport on Friday, a spokeswoman said, after a British Airways plane reportedly had to make an emergency landing. Smoke was seen emerging from the plane as it tried to take off, according to reports.

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UNITED NATIONS: Kenya made a new plea to the UN Security Council on Thursday to “terminate” International Criminal Court charges against President Uhuru Kenyatta and other leaders over political unrest in 2008. But western nations on the 15-member council told Kenyan diplomats at a private meeting that Kenyatta, Deputy President…

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SYDNEY: A 7.4 magnitude earthquake struck 255 kilometers southwest of Tonga early on Friday, according to the US Geological Survey. The quake, at a depth of 171 kilometers, sparked a tsunami alert although no damage is expected, according to the Pacific Tsunami Warning Center. AFP

Today's Breaking News

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Two German citizens kidnapped in eastern Lebanon were freed on Saturday, hours after their abduction, but police immediately arrested them on drug trafficking charges, the official National News Agency reported. “The Germans abducted last night in the eastern Bekaa Valley were released today,” NNA said. “After they were freed, a…

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BEIJING – China’s state broadcaster said a deadly attack in Tiananmen Square cost eight “terrorists” $6,500 to execute, as a rights group reported dozens of arrests in connection with the incident. The high-profile car crash on Monday killed two tourists and injured dozens at the popular site and symbolic heart…

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Barangay Ginebra is expected to pick 6’11 Greg Slaughter as no. 1 overall in Sunday’s 39th Philippine Basketball Association (PBA) Annual Rookie Draft at the Robinson’s Place in Ermita, Manila. The Gin Kings, who owned the right for the no. 1 pick in a earlier trade with Air 21,…

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Cebuano Jan Godfrey Seno and Erika Manduriao of Manila dominated the first leg of Philippine Sports Commission-Philippine Tennis Association Junior Tennis Championship Saturday after winning titles in their respective divisions at Laray Consolacion in Cebu. Seno shone in most events after topping two different categories – 18 and 16-under boys…

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MIRANSHAH, Pakistan – Tribesmen opened fire on a US drone over Pakistan’s troubled tribal belt Saturday where Pakistani Taliban commander Hakimullah Mehsud was killed by a drone strike a day earlier, residents and officials said. Mehsud, who had a $5 million US government bounty on him, died along with…