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Shrinking news space: CNN Philippines shuts down due to financial losses
CNN PHILIPPINES officially announced on Jan. 29 that it was shutting down operations on all platforms following several years of financial losses. It made the announcement on its channel through a broadcast advisory, followed by an official statement on social media. Operated by Nine Media C.....»»
CNN Philippines shutting down as losses exceed P5B
MANILA —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
‘Legislated wage hike spells job losses’
A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»
CNN Philippines announces closure due to financial losses
The news network announced its shutdown in a general assembly of its staff on Monday, citing “serious financial losses.".....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Tom Rodriguez seeing someone 2 years after divorcing Carla Abellana
Actor Tom Rodriguez revealed he is back on the dating scene after two years since his marriage to Carla Abellana ended......»»
Lady Bulldogs hungrier in 2nd round, says Bella Belen
Expect a more determined National University Lady Bulldogs as the second round goes on in the UAAP Season 86 women’s volleyball tournament, as they attempt to put their two first round losses behind them......»»
Pia Wurtzbach to auction memorabilia for 10th anniversary as Miss Universe
It has been almost 10 years since Pia Wurtzbach ended the Philippines’ 42-year drought for a Miss Universe crown, but no matter how big an achievement it was, Pia did not want to be remembered only as Miss Universe 2015......»»
NASA helicopter ends mission after 3 years in Mars
NASA’s Ingenuity Mars helicopter, which made history by achieving the first powered flight on another world, has officially ended its nearly three-year mission after sustaining rotor damage during its last outing, the space agency said Thursday. The tissue-box sized aircraft, which hitched a ride to the Red Planet under the belly of the Perseverance rover,.....»»
Covid lowered life expectancy by 1.6 years worldwide — study
COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»
FACES OF CEBU: Christian “The Bomb” Araneta, 28, professional boxer
CEBU CITY, Philippines—Cebu waited for seven years to produce another world title challenger in boxing. Last January 26, 2024, Christian “The Bomb” Araneta, a native of Borbon town, north Cebu ended that drought with a devastating first round technical knockout win against Arvin “Hurricane” Magramo. Know more about Araneta here: The 28-year-old Araneta will be.....»»
Valentine’s 2024: Survey says more Filipinos want money over love
The same SWS survey says the number of people who have no love life has gradually increased through the years.....»»
New Year fitness resolutions, says Derek Ramsay’s ex Joanne Villablanca
It has been five years since actor Derek Ramsay and model and fitness expert Joanne Villablanca called it quits, and Joanne is a mom to a 16-year-old, but she does not look 34 years old......»»
Sotto, Ramos crash back to earth as B. League teams suffer blowout losses
Coming off a two-game sweep with Gilas Pilipinas in the first window of the FIBA Asia Cup Qualifiers, Kai Sotto and Dwight Ramos fail to carry their winning ways into the Japan B. League.....»»
Nestle, Danone see price hikes slowing after years of sharp increases
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»
Naga : 2 men, who allegedly abducted, molested 2 minor sisters, nabbed
CEBU CITY, Philippines — Two young men, whose ages are 18 years old and 19 years old, were arrested for allegedly abducting and molesting two minors a 14-year-old girl and her 11-year-old sister. These happened in Barangay South Poblacion in the City of Naga in southern Cebu on Tuesday afternoon, January 23. READ: Drunk.....»»
Positive earnings results boost share prices
The stock market ended a two-day bleeding after a slew of positive corporate earnings results buoyed investor sentiment......»»
Market ends 2-day slump, bounces above 6,800
The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»