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London house prices decline in contrast with rest of UK

HOME PRICES in London are continuing to fall, prolonging a slump that’s seen the average property in the capital lose almost 2% its value over the past year, surveys Monday showed. The UK market is “starkly divided,” according to Acadata, which said that values in London fell for a third month in February but are […] The post London house prices decline in contrast with rest of UK appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

United Kingdom house prices post first annual decline in six years at start of the year

LONDON — UK house prices recorded an annual drop for the first time in almost six years at the start of 2018, with London leading the slump. Values fell 0.4% in January compared with a year earlier, according to a report published by Acadata on Monday. Detailed data covering the fourth quarter of 2017 show […] The post United Kingdom house prices post first annual decline in six years at start of the year appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 12th, 2018

Popovich s odd alliance with red state fans

By Shaun Powell, NBA.com SAN ANTONIO -- About 400 people gathered at the Oak Hills Country Club in June 2016 and paid $500 to $250,000 to sip iced tea and nibble hors d’oeuvres next to a golf course designed by noted architect AW Tillinghast, who built many. One is owned by the man who was feted at this political fundraiser, Donald J. Trump. The presidential campaign was in full blast and saltier than the crackers on the cheese plate being passed around. Fresh off the plane, Trump thanked the Republicans for the big ‘ole Texas welcome, witnesses say, before launching a blistering attack on the usual targets: Hillary Clinton, Barack Obama, illegal immigration. Then, near the end of his 30-minute lunchtime appearance, in an effort to connect with the locals, he pivoted and mentioned perhaps the most famous man in town: Gregg Popovich. Witnesses say Trump called Popovich “a great coach” and said “he does a good job” and then there was some fidgeting in the room when the soon-to-be polarizing leader of the free world said this: “I don’t know if the coach is on my side.” Confirmation came emphatically, right after Trump won a divisive election that November. The coach of the Spurs lit into the President over the next several months with a handful of rants that had the stealth of Kawhi Leonard ambushing a timid ball-handler. In no particular order, here were Pop’s Greatest Hits, all issued through the media and without prompting or provocation: “The disgusting tenure and tone and all the comments … have been xenophobic, homophobic, racist, misogynistic. I live in a country where half the people ignored that to elect someone.” And: “He is in charge of our country. That’s disgusting.” And: “The man in the Oval Office is a soulless coward who thinks he can only become large by belittling others.” And: “We have a pathological liar in the White House ... You can’t believe anything that comes out of his mouth.” Popovich didn’t stop there with a President whose sensitivity and intelligence he questioned and accused of being guilty of “gratuitous fear-mongering.” When he took Trump to task for criticizing NFL players who knelt during the National Anthem and defended their rights to do so, Popovich also suspected a measure of the public outrage was racially motivated. “Our country is an embarrassment to the world,” he said. A 68-year-old wealthy white man, therefore, became a sports voice with weight in the political and social justice arena, where the NBA league office has greenlighted players and coaches to speak up. Popovich has done so with clarity and insight to gain national applause in certain corners. He wasn’t the first or the last in sports to verbally spank the president or tackle right-leaning sensitivities, yet he’s certainly the most unique in one respect. As a graduate of the Air Force Academy who works in a military town, and a five-time NBA champion coach who might symbolize the city more than The Alamo, Popovich has long been elevated to icon status, perhaps permanently so, in San Antonio, where folks are mad about the Spurs. Still, this is mostly conservative Texas, one of the most Republican of states based on the state legislature and the congressional delegation, a state that voted Republican in 10 straight presidential elections and saw 52.6 percent of voters punch for Trump. While voters in San Antonio-proper lean liberal, the surrounding areas swing solidly the opposite. Julianna Holt, the Spurs CEO and Popovich’s boss since March after assuming the position held for 20 years by her husband Peter, supported various Republican presidential candidates before eventually donating $5,400 to Trump’s campaign and $250,000 to the Trump Victory Fund, according to Federal Election Commission records. Popovich is therefore a blue blood in a red state and the contrast makes for strange if not uncomfortable alliance between a beloved coach and a group of conflicted Spurs worshippers. His views have in fact shattered the sacrilege by generating hostility from a segment of the basketball flock, something no coach with his credentials would ever feel. The constant winning and acts of charity do not insulate him from those who would prefer Popovich stuff a sweat sock in his bullhorn. Party lines not Popovich's focus “While we all believe Gregg Popovich has the right to his opinions, where was Popovich when Hillary called half of us a 'basket of deplorables?’Many were Spurs fans who are now tired of being insulted ... many of us will never pay to see a Spurs game again.” -- Donna Howington  “The money I will save this year not attending Spurs games should buy me a nice set of golf clubs. Thanks Pop!” -- Jake Ingorgia  “I will never watch them again until Popovich is gone. He is just like all the other leftist celebrities.” -- Lee Harbach, Bulverde They arrive on cue, most from the dusty towns that orbit around San Antonio, some from the city itself. Popovich has unloaded three times this year on Trump, once after the election, once at the start of training camp and most recently by cold-calling Dave Zirin, a friend and liberal writer from The Nation, a progressive magazine. And each time, the letters land in the office of Ricardo Pimentel, the editor who coordinates the comments section of the Express-News, San Antonio’s newspaper of record. “It’s a cycle,” says Pimental, with a sigh. “He speaks out. People who disagree with him send us letters to the editor, then people who object to their disagreement write us letters to the editor defending Pop. Then they respond to one another.” The initial reaction, he said, is always stacked against Popovich and many identify themselves as Spurs fans ripping up their tickets or promising to never attend or watch games again. Even if those who made threats actually carried them out, the change in the Spurs’ home attendance is a blip, from 99.2 percent capacity last season to 98.6 so far this season. Popovich, of course, has been big for business since his first full season as coach in 1997-98. Besides the titles, the Spurs have reached the playoffs every season and won 50 games every season (except for the lockout-shortened 50-game 1998-99 campaign, when they won 37). In short, Popovich's Spurs have a track record beyond reproach in the NBA. If the 2017-18 Spurs stay on pace, it’ll be 20 straight winning seasons for Popovich, one more than Phil Jackson for the all-time NBA record. He hasn’t been this politically vocal until lately, due to Trump, yet was always politically aware, say those who know him. Well-versed through his readings and observations, Popovich welcomes discussion with acquaintences about classism, leadership, government and preferably over a bottle of wine. His two-decades exposure to young black men from humble beginnings raised his awareness and sensitivities about race and bias. Golden State Warriors coach Steve Kerr once played for the Spurs and lately has echoed many of the same thoughts as Popovich. But Kerr coaches in the Bay Area, where folks nod their heads in agreement. Kerr said he can only imagine the flak Popovich catches in Texas. “Here’s this iconic coach who stands for everything that’s right and for honor and integrity, he served in the military, you see him stand at attention for the American flag — man, Pop loves his country,” Kerr said. “And in the middle of Texas for him to be questioning the Republican President, some of the people down there are probably confused. Like, 'I don’t get it, we love this guy but he’s on the other side from us.' “What I love about Pop is that it’s not about party, not about politics. It’s about integrity and character and that’s what people need to pay attention to. It’s not about some policy, not about how much we pay in taxes. If we can just get back to the point where character matters, then we’ll be in better shape. The problem is, it’s clear character has gone down the tubes in many leadership positions in our country. That’s what Pop is calling out.” True enough, Popovich never publicly attached himself to a political party; to suggest he is against Republicans might be as misleading as believing Colin Kaepernick is against the military. When he played for Popovich, Kerr couldn’t recall a time when the coach was this annoyed by the country’s leadership. “The country was in a better place in terms of a relatively peaceful time back then,” Kerr said. “Yes, 9-11 happened and the whole world changed. But we didn’t have quite the same partisan nature, not only in politics but the national conversation. And so people could just admire Pop for who he was and people might not have been aware of his political leanings because they didn’t ask. When we won and went to the White House, Pop and the team went when Bush was in office. We went in ’99 when President Clinton was there. Republican, Democrat, didn’t matter. The times are so different now.” Kerr laughed quickly when asked about the semi-serious groundswell of social media support for a Kerr-Popovich ticket in 2020. Kerr said he hopes to be on his fifth NBA title as a coach then, but turned semi-serious about Popovich. “Our country needs somebody like Pop who can actually lead and unite from a position of authority and credibility,” Kerr said. “This guy served in the military, grew up in a melting pot, understands leadership. More than anything, he’ll cut through all the [expletive].” Since going nuclear on Trump, Popovich declined invites from the national political shows (and wouldn’t comment for this story). That proves what friends have maintained all along: Popovich doesn’t want to be anyone’s political hero or pundit. He’d rather speak when the moment calls for it, then be left alone. That last part is tricky, though. Empathy often marks Popovich's way “Can you imagine being Republican on the Spurs? Would you feel welcome? He’s like Berkeley -- for free speech unless you disagree with him. Shut up and coach, Gregg.” -- Shannon Deason  “When it comes to coaching basketball or drinking wine, Popovich has experience. When it comes to our country, his opinion is no better than anyone else’s." -- Harold Siemens, Seguin  “Open letter to the NBA referee who ejected Pop from the Warriors-Spurs game: Don’t feel bad about what Gregg Popovich called you. He called the POTUS worse and got away with it.” -- Larry Peabody Once the wheels touched down, the pilot jokingly announced over the loudspeaker: “Welcome to Gregg Popovich International Airport,” and one particular passenger noticed that nobody on the plane thought it was strange. Sean Elliott always knew how deeply rooted Popovich is with San Antonio. Aside from the famous Spanish missions and the River Walk, the city is known for the only professional sports team in town. And while George Gervin, David Robinson and Tim Duncan have come and gone, the one lingering reminder is a sometimes gruff and scruffy coach, maybe the NBA’s best ever. “He’s one of the pillars of the community,” said Elliott, twice an All-Star with the Spurs. “He’s looked at with great admiration. He is as respected as anyone who has ever lived in or been part of the city. It’s not just because he’s a basketball coach. Pop has been a big part of the community, huge contributor to charitable functions, good leader.” Elliott was a Spurs rookie in 1989 when their relationship began and he saw the start of Popovich’s reach in the region. Popovich then was an assistant coach under Larry Brown and just planting his feet in the NBA. That summer, Elliott and Popovich piled into a van with the team's "Coyote" mascot and conducted basketball clinics in San Marcos, Corpus Christi, Laredo and similar places. They were signing autographs in malls and running kids through drills in 100 degree heat, never hearing a complaint from the coach. Elliott said folks in those small conservative towns loved him. “If you sit and hear him talk about something, you tend to agree with him,” Elliott said. “He’ll put it in a logical way and he’s very thoughtful, well read and super intelligent, maybe the most intelligent person I’ve ever known.” The owner of the Spurs then was Red McCombs, a homespun Texan who made his fortune in car dealerships and media companies. McCombs didn’t give Popovich the coaching job after firing Brown, telling Popovich “you’ve got a chance to be a great coach” if he got more experience, which he did, going to the Warriors to work for Don Nelson. Popovich returned to San Antonio two years later as general manager, then became coach and the rest is history. Now 90, McCombs said: “Popovich has become the distinguished part of the franchise. He wears it well. Can’t say enough about what kind of man he is and what he’s meant to San Antonio. God has blessed us with Gregg Popovich.” McCombs loves to tell how Popovich, by chance, learned that a local family needed a car. The coach wrote a check, gave it to the father and walked away. McCombs said it was “typical Popovich” who has empathy for those with less. McCombs, curiously, has traditionally been one of the biggest Republican bankrollers in the state, who gave to the Trump campaign and is fully aware of what Popovich thinks of his choice for President. And so one of the most powerful men in Central Texas, who leans politically to the color of his nickname, had a strong reaction to that. “He’s earned the right to give his comments about citizenship or Trump or anything else,” said McCombs, voice rising. “Yes, he made some statements that others might disagree with. But I’ll tell you this: Popovich would be elected to anything he wants to in San Antonio.” Remaining silent never an option “Our country is not an embarrassment to the world. I will tell you what an embarrassment is. It is an American citizen who got a free education from the great Air Force Academy ... and then has the audacity to say that the greatest nation in the world is an embarrassment because the President rightly demands that Americans stand for the anthem. Popovich should be ashamed of himself.” -- Nick DeLouis, Fair Oaks Ranch  “Nowhere on God’s green Earth do they have the right to disrespect our flag and the men and women who died to keep us free. I’m appalled that you stooped so low to join in that disrespect. Shame on you!” -- Fred Martin, Fair Oaks Ranch  “Coach Pop has squashed my love and enthusiasm for the team. A national treasure, he is not. Coach Pop has a voice, but not my voice." -- Jo Ivan A few years ago Popovich was in New York with his daughter to catch a Broadway play when the coach had a last minute change in strategy. He learned that John Carlos was giving a lecture at New York University that night. So Popovich told his daughter to take one of her friends instead; said he was going to see “Dr. Carlos” speak. “When he came in I was surprised and delighted,” Carlos said recently. “Quite naturally, everyone knew who he was but he just wanted to sit and listen.” A year later, in 2015, Popovich flew Carlos to San Antonio to address the team and Carlos admitted to being star struck around Tim Duncan and others. Yet Carlos was most curious about Popovich and why the coach took a strong interest in an Olympic sprinter who raised a fist on the victory stand in 1968, which is frozen as an iconic civil rights moment. “Being with the Spurs gave me an opportunity to check his character out,” Carlos said. “I knew he was a whiz at putting players together to bring out their best ability. But through my conversations with him it became apparent that he was a social activist himself at one point in his life. He was teaching his players about activism and to be concerned about their fellow man and what was going on around their lives, not just basketball. “I was impressed. He just wanted them to know they had a larger role than just playing basketball in the society in which they live.” Carlos, therefore, was not surprised to see Popovich defend the rights of kneeling black football players who came under attack from Trump. On the first day of training camp in September, Popovich said: “Obviously race is the elephant in the room and we all understand that. Unless it is talked about constantly it is not going to get better.” What followed was another swirl of exchanges between Popovich critics and supporters in San Antonio, and Popovich acknowledged receiving mail from both sides. The anti-Pop mail, though, was jarring to Carlos, given the coach’s work in town. “When people write and lambast him for taking leaders to task for what they’re doing to society, that’s like water rolling off a duck’s back, man,” Carlos said. “When they write negative things about him, it encourages him to keep doing what he’s doing. Those people are the problem. Go ahead and throw stones and it just motivates him to do his job. “Look, I’m a black man who spoke out. Imagine what they think of him as a white man who speaks just as strong, to try and get people to see things in a better light? They throw stones at him even more, like, 'Hey you’re white, you have a great life. Keep your mouth shut.’ Well, God points people in certain directions. We know who we are. We do what we do.” And what Popovich does is enlist the help of giants in the social justice world and bring them into his world. He did that with Cornel West, the Harvard professor and civil rights activist, last fall. Popovich invited West to San Antonio to speak at an East Side community center with a few hundred mostly black and Latino students and their parents. Done without TV cameras or media invitation, the discussion was about the importance of education, the imperfect world, self respect and how to help communities. This was an audience that, presumably and unanimously, connected with a white man who didn’t live among them, but was with them. They were the people Popovich had in mind when he attacked present leadership. This was not the audience that writes to the Spurs and the Express-News asking him to take a vow of silence, though he is aware of them, too. “Some responses make you wonder what country you live in,” Popovich said, “and other responses make you very hopeful … overall, it renews my feeling that something must be done because there is enough people willing to listen.” Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsJan 5th, 2018

Rise in wholesale prices eases in February

Wholesale prices of commodities increased at a slower pace in February due largely to the decline in the prices of crude materials, the National Statistics Office reported......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2018

Alvarez, Sereno see 13-point drop in satisfaction ratings – SWS survey

MANILA, Philippines – One faces the risk of impeachment while the other presides over the chamber seeking that ouster. Yet Chief Justice Maria Lourdes Sereno and House Speaker Pantaleon Alvarez both faced a steep decline in their net satisfaction ratings. The March 2018 Social Weather Stations survey showed the net ........»»

Category: newsSource:  rapplerRelated NewsApr 18th, 2018

SWS: Net satisfaction drops for top officials

TOP OFFICIALS of the government had an overall decline in net satisfaction in the first quarter of 2018, with House Speaker Pantaleon D. Alvarez and Chief Justice Ma. Lourdes P.A. Sereno posting a personal record low in their ratings, according to the Social Weather Stations. Vice-President Ma. Leonor G. Robredo had a net satisfaction of […] The post SWS: Net satisfaction drops for top officials appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 17th, 2018

Oil trades below $63 as investors assess US-China trade battle

Oil’s decline slowed after prices fell to an almost three-week low as investors continued to evaluate the potential impact of an escalating trade conflict between the U.S. and China. Futures in New York traded below $63 a barrel after dropping 4.4 percent last week. While U.S. President Donald Trump predicted the Asian nation will be […] The post Oil trades below $63 as investors assess US-China trade battle appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 9th, 2018

How far can the stock market fall?

A stock market correction, by definition, typically involves temporary pullbacks in share prices of around 10 percent from a recent high within a short period of time. But the current market downtrend is slowly turning out to be more than a minor market correction as the PSE index, which has already lost by as much as 13.7 percent from its peak in January, seems not bottoming out just yet. There are fears of larger decline in the PSE index if investors continue to anticipate losses in the coming weeks. Will this correction eventually transition into a bear market? How low can the stock market go? How long will this correction last? If market history is any guide, the PSE inde...Keep on reading: How far can the stock market fall?.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

Naked Donald Trump statue going up for auction

JERSEY CITY, N.J. (AP) --- A statue of a naked Donald Trump is going on the auction block. Julien's Auction says the sculpture is the last statue remaining that was not vandalized or destroyed when it was displayed along with others in New York, San Francisco, Los Angeles and Cleveland in the weeks before the Republican was elected president. The auction house estimates the statue, which was created by the West Coast anarchist collective INDECLINE, will sell for $20,000 to $30,000. The auction will take place on May 2 at Mana Contemporary in Jersey City, New Jersey. CC RELATED STORY: Nude Trump painting on show in London...Keep on reading: Naked Donald Trump statue going up for auction.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2018

London More at Risk from Cliff-Edge Brexit Than Rest of Britain, Report Says

London is at “immediate risk” of a hugely damaging 22 billion British pounds (31.17 billion U.S. dollars) economic hit in the event of a worst-case scenario hard Brexit, a report warned Tuesday. The British capital is more exposed than the rest of Britain to a chaotic cliff-edge departure from the European Union because of its […].....»»

Category: newsSource:  metrocebuRelated NewsMar 31st, 2018

Green s 3-pointer at buzzer lifts Rockets over Suns 104-103

HOUSTON (AP) — Gerald Green made a 3-pointer at the buzzer and the Houston Rockets rallied from a 21-point, second-half deficit for a 104-103 victory over the Phoenix Suns on Friday night. The win was Houston's 11th straight and extended Phoenix's skid to 14 games. James Harden hit a 3-pointer to tie it at 101-all with 12 seconds left before rookie Josh Jackson put Phoenix on top with a basket with 1.4 seconds remaining. After a timeout, Trevor Ariza found Green in the corner and he knocked down the shot to extend Houston's streak. Green's teammates mobbed him after the shot and he ended up on his back on the court with a huge grin on his face. Houston rested Chris Paul, Eric Gordon and Nene after clinching the No. 1 seed in the Western Conference on Thursday with Golden State's loss to Milwaukee. The Rockets that did play looked uninspired early against the team with the NBA's worst record, and Houston trailed by 17 at halftime. They began chipping away at the lead in the third, but never led in the second half until Green's game-winner. Harden had 28 points, 10 assists and eight rebounds. P.J. Tucker added 18 points and made a career-high five 3-pointers. Jackson had 27 points for the Suns, who haven't won since Feb. 28, and Troy Daniels added 23. The Suns were up by four with about a minute left after a basket by Daniels. Harden missed two free throws soon after that and Tucker made one of two to cut the lead to 101-98 with 46 seconds remaining. Phoenix was up by 11 to start the fourth and remained up by that margin with about 8 minutes left before Houston scored seven points in a row to cut the lead to 89-85. Jackson made a layup after that, but Houston scored the next five points, capped by a 3 from Tucker, to get within one with about 5 1/2 minutes left. The Suns were up by 17 at halftime and had a 14-point lead early in the third when Daniels made three 3-pointers to power a 9-2 run and push the lead to 71-50 with about 8 minutes left in the quarter. The Rockets finally found a bit of rhythm after that, using a 10-2 spurt to get within 73-60 midway through the quarter. Joe Johnson scored the last four points of the third to cut Phoenix's lead to 86-75 entering the fourth. Tucker got Houston within 3 midway through the second quarter before Phoenix scored the next 12 points to push the lead to 49-34. Danuel House got things going with a 3-pointer and Jackson wrapped it up with seven straight points. A free throw by Harden cut the lead to 12 later in the quarter, but the Suns scored the last five points of the second quarter to make it 57-40 at halftime. TIP-INS Suns: Devin Booker missed his seventh straight game with a sprained right hand. ... Alex Len sat out for the second straight game with a sprained left ankle. ... Phoenix had 17 turnovers. Rockets: Luc Mbah a Moute returned after missing the last three games with a sore left knee. ... Houston signed Tim Quarterman for the rest of the season on Friday. He appeared in 11 games for the Clippers' G League team this season. ... Green finished with 15 points. UP NEXT Suns: Visit Warriors on Sunday. Rockets: Visit Spurs on Sunday......»»

Category: sportsSource:  abscbnRelated NewsMar 31st, 2018

Q4 home price hike biggest in three quarters

HOUSE PRICES rose faster in 2017’s last three months from a year ago, marking the biggest increase in three quarters as duplex and condominium prices surged by double-digit pace, according to data the Bangko Sentral ng Pilipinas (BSP) released on Wednesday. Prices rose by 5.7% year-on-year from October to December, clocking the fastest pace since […] The post Q4 home price hike biggest in three quarters appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 29th, 2018

High oil prices gnaw at Cebu Air 2017 profit

The operator of budget airline Cebu Pacific Air saw its net income drop by almost 19 percent as rising oil prices cut into profit, offsetting gains from strong passenger demand. Cebu Air Inc. said its net income in 2017 hit P7.9 billion, down 18.9 percent from P9.75 billion in 2016. The decline came despite revenue growth for passenger and cargo services. Total revenue last year hit about P68 billion, up 9.9 percent. Passenger revenue alone was up 7.2 percent to P49.93 billion as volume increased by 3.2 percent. Cebu Pacific and Cebgo flew over 19.7 million passengers last year. Moreover, it added more planes to fleet, which numbered 61 aircraft at the end of December 2017. Flig...Keep on reading: High oil prices gnaw at Cebu Air 2017 profit.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2018

LRWC defends Boracay project

LEISURE AND RESORTS World Corp. (LRWC) on Monday defended its $550-million Boracay resort project, saying it is not a mega casino. In a statement, LRWC said the casino and gaming area will only cover a maximum of 7.5% of the project’s total floor area. The rest will house hotels and amenities such as wellness centers, bars, […] The post LRWC defends Boracay project appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 27th, 2018

From Art Fair, auctions to Art in the Park: Why these are interesting times for artists

Art, like rust, never sleeps. It's quite possible that the public infatuation with contemporary Filipino art---so evident last year in the feeding frenzy that attended art auctions, record attendance at Art Fair Philippines, and the hectic gallery scene---may have moved on to the next level as a full-blown love affair. Cynical observers, taking note of the stupid prices being paid for meh artists by collectors with more cash than taste, predicted that a market correction was inevitable. Record price They're still waiting, judging from last month's record price of P112 million for a painting by modern master Jose Joya sold by an auction house, and the fact that somebody bo...Keep on reading: From Art Fair, auctions to Art in the Park: Why these are interesting times for artists.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2018

LRWC: Boracay resort not a ‘mega casino’

Leisure and Resorts World Corp. (LRWC) clarified on Monday, March 26, that the $500-million Boracay resort it will be developing is not a mega casino. In a statement, LRWC said the casino and gaming area will only cover a maximum of 7.5% of the total floor area of the project. The rest will house hotels […] The post LRWC: Boracay resort not a ‘mega casino’ appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 26th, 2018

Gold rallies as trade-war risks fire up demand

Gold’s sizzling. Investors pushed prices of the haven higher as the U.S. and China exchanged blows on trade, and President Donald Trump installed the hawkish John Bolton as his new national security adviser, ratcheting up geopolitical tensions and fueling gains in crude oil. “Having a ‘neo-con’ back in the White House took the geopolitical risk […] The post Gold rallies as trade-war risks fire up demand appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 23rd, 2018

Sealed and delivered: Royal wedding invitations dispatched

LONDON (AP) --- Time to check that mailbox. Kensington Palace said Thursday that invitations for the wedding between Prince Harry and his American fiance Meghan Markle have been dispatched. Some 600 people have been invited to the May 19 nuptials at noon at St. George's Chapel at Windsor Castle. All 600 have also been invited to a lunchtime reception given by Queen Elizabeth II at St George's Hall. Harry and Markle will also celebrate with some 200 guests at a private evening reception given by Charles at Frogmore House, a royal mansion near Windsor Castle. The palace declined to comment on who is on the list. The invitations, which are beveled and gilded along the edg...Keep on reading: Sealed and delivered: Royal wedding invitations dispatched.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2018

Indonesian banks likely to see ‘more than 12%’ loan growth

LONDON — Indonesian banks will see “more than 12%” loan growth in 2018 thanks to a recovering global economy and a pickup in commodity prices, the country’s financial regulator said. Wimboh Santoso, head of Indonesia’s Financial Services Authority or Otoritas Jasa Keuangan (OJK), said he was confident the sluggish bank lending that has hobbled Southeast […] The post Indonesian banks likely to see ‘more than 12%’ loan growth appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 18th, 2018

Lawmakers say UK should consider postponing Brexit

LONDON --- Britain should consider postponing Brexit because there may not be enough time to strike a deal with the European Union before the UK leaves the bloc a year from now, a key committee of British lawmakers said Sunday. The House of Commons Exiting the EU Committee said if major aspects of the future relationship with the EU remain unsettled by October, Britain should seek a "limited extension" of its EU membership. Britain and the EU want a deal on future relations settled by the fall so national parliaments can approve it before Britain officially leaves the 28-nation bloc on March 29, 2019. In a report published Sunday, the lawmakers said a proposed transition per...Keep on reading: Lawmakers say UK should consider postponing Brexit.....»»

Category: newsSource:  inquirerRelated NewsMar 18th, 2018

Buried treasure: Domicillo’s beautiful rooms lie below the ground

By Joseph L. Garcia A SQUAT hyper-modern concrete house rising above the Emilio Aguinaldo Highway in Tagaytay turns out to be Domicillo Design Hotel. While it looks like many of the newer structures around the hills overlooking Taal lake and volcano island, the hotel, with the rest of its structure located below the ground, is […] The post Buried treasure: Domicillo’s beautiful rooms lie below the ground appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 9th, 2018