Business
Under fire for its #39;employee separation package#39;, IT firm Cognizant has said the company has offered it in India and the US for the first time, unlike its peers who keep taking such steps regu
NEW YORK (Reuters) - Oil prices fell nearly 5 percent on Thursday as OPEC's decision to extend production curbs fell short of expectations of deeper or longer cuts.
WILMINGTON, Del (Reuters) - Bankrupt Westinghouse Electric Co LLC, the U.S. nuclear technology firm owned by Toshiba Corp , has stopped making pension payments to former executives, according to a let
DETROIT (AP) — General Motors on Thursday denied allegations made in a lawsuit that the company’s full-size diesel pickup trucks cheat on emissions tests. The lawsuit filed by lawyers for two tr
TORONTO - A man convicted of sexually assaulting two girls deserves a new hearing because he was blindsided at trial about a statement he had given to police, Ontario's top ......
(Reuters) - General Motors Co was accused in a lawsuit on Thursday of rigging hundreds of thousands of diesel trucks with so-called "defeat devices," similar to those used by Volkswagen AG , to ensure
OTTAWA - An Alberta man who tortured and starved his roommate is not getting a chance to appeal his conviction before Canada's top court. The Supreme Court on Thursday dismissed Dustin ...
OTTAWA - Families of missing and murdered women are raising their voices in defence of the national public inquiry as it faces a stream of criticism from advocates and indigenous ...
President Hassan Rouhani received Iranians’ vote of confidence on May 19 to stay in office for another four years. No doubt part of his favor is owing to the improvement he brought about to the econom
VIENNA (Reuters) - OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and
OTTAWA - A senior Bank of Canada official says modernization of the country's core payments infrastructure is long overdue amid the rapid advance of new technologies — and the risks ...
BAE Systems Australia has received a $30 million contract for satellite communications upgrades for the Royal Australian Navy, the company announced Thursday.
An award-winning Cork food company has predicted the gluten-free food industry will expand exponentially in the coming years, defying critics who say it is a passing fad, writes Padraig Hoare.
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Thursday that a $5.5 million increase requested for the agency's enforcement budget this year will have a "real impact" in cracking d
DAYS after the declaration of martial law in Mindanao, business and economic activities in most parts of the island remain normal. Business leaders, in a phone interview Thursday, that amid the Maraw
SHOW-CAUSE order will be issued by the Department of Trade and Industry (DTI) for establishments that increased their product prices even after a price freeze was implemented following the declaration
EXECUTIVE Order (EO) 22 or the extension of capital equipment incentives would help with the influx and the positive performance of the investments in Davao said the Board of Investments (BOI) Davao E
SO WHERE'S the problem? It has been proven several times that the joint venture agreement (JVA) between banana giant Tagum Agricultural Development Company, Inc. (Tadeco) and the Bureau of Corrections
ALTHOUGH airline operations remain normal, Cebu Pacific Airlines, Philippine Airlines (PAL), and AirAsia issued advisories allowing their passengers with flights to and from Mindanao within specified
Tapan Ray, Gujarat cadre IAS officer is a Mechanical Engineer, Law Graduate, post graduate in Public Policy and International Affairs and holds diplomas in German language, international law and int
Average weekly earnings in Manitoba grew at one of the fastest paces in the country between March of last year and March of this year, new Statistics Canada data shows. In ...
MANILA, Philippines -  Fisheries production in the country slightly improved in the first quarter on the back of higher output across all sub-sectors.
MANILA, Philippines -  The Department of Trade and Industry (DTI)  expects foreign direct investments (FDI) to surge this year, eclipsing a record high forec
MANILA, Philippines -  Renewable energy developers are pushing for the extension of  the feed-in tariff (FIT) allocation for biomass and run-of-river technol
MANILA, Philippines -  The proportion of the country’s debt to gross domestic product (GDP) further declined to 41.87 percent as of end-March from 43.56 perc
MANILA, Philippines -  The Department of Budget and Management (DBM) said yesterday it is set to submit to Congress the proposed national budget for fiscal y
MANILA, Philippines -  The Metropolitan Waterworks and Sewage System (MWSS) is banking on the National Economic and Development Authority (NEDA)’s approval o
BACOLOD CITY , Philippines  — Calls for the reduction of a proposed excise tax on sugar sweetened beverages,using locally-produced sugar, is getting more sup
MANILA, Philippines -  Having recently recognized its 20th anniversary of catering to the Philippine economy, the Philippine Business Bank (PBB) intends to c
MANILA, Philippines -  NOW Corp.’s gross revenues more than tripled in the first quarter of this year from a year ago, boosted by the rise in the number of c
CALGARY - Companies in the energy sector would be required to regularly check equipment for leaks, make repairs, monitor emission levels and report them to Ottawa under the federal government's ...
Gentlemen, start your engines — of your money-munching machines.While waiting for the flag to drop at the Indianapolis 500 this Memorial Day weekend, are you fantasizing about becoming a race car dri
Michigan will see its highest travel volume for the Memorial Day weekend in a decade, according to AAA Michigan             
OTTAWA - Canada's ethics commissioner says former prime minister Stephen Harper's chief of staff violated federal rules, including the Parliament of Canada Act, when he tried to help pay off ...
(Reuters) - General Motors Co was accused in a lawsuit on Thursday of putting so-called "defeat devices," similar to those used by Volkswagen AG , into hundreds of thousands of its diesel trucks in or
MANCHESTER, England  — It was not just family and friends mourning Martyn Hett this week. Even Mariah Carey was shocked by his death in the Ariana Grande concert bombing. Carey posted a picture of He
TORONTO - Canada's main stock index started on a positive note, but dipped into the red by late-morning. The S&P/TSX composite index was down 8.95 points to 15,410.54, after 90 minutes ...
U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite scaling new highs, buoyed by strong earnings reports from the embattled retailer sector.
(Reuters) - The S&P 500 and Nasdaq Composite were in record territory in late morning trading on Thursday, buoyed by strong earnings from the embattled retailer sector.
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell and 21 other Republicans are urging the president to follow through on his campaign pledge to pull out of the Paris climate accord. The GOP sen
If you're thinking about buying life insurance, it helps to know some basics. Here are fast answers to common life insurance questions. Q: What is life insurance? A: It's insurance that pays ...
ROME - An Italian court has opened the way for a class action lawsuit against automaker Volkswagen over its emissions scandal. Altroconsumo, a consumer rights organization, said a tribunal in Venice
TORONTO - As Peter Mansbridge prepares to bid farewell to "The National," the CBC's flagship news program is looking to possibly enlist multiple hosts for the anchor desk. "We want it ...
WASHINGTON (AP) — Alicia Johnson and her husband wanted to renovate their home last fall but ran into a roadblock: When they tried to refinance their mortgage and borrow against their equity, five ba
TORONTO - An Ontario woman recently found not guilty of mischief after giving water to pigs headed to slaughter has scored another legal victory in a separate case involving pigs. Ontario's ...
IF peace and order will not immediately be restored in Mindanao, tourism players in Cebu think this will make a dent in tourism arrivals. Although there have been no reported booking cancellations fro
THE other week, I was fortunate enough to join about 20 other Philippine software companies exhibiting in the Japanese trade expo, SODEC. The day before the trade expo, the Philippine Software Indust
AS Construction Show Cebu marks its 25 years, it continues to support the province’s transformation into a major gateway of trade and tourism with a show from June 2-5 set in a new venue, the Sky Hall
The concept, dubbed AmazonFresh Pickup, allows shoppers to buy items online and choose a time to collect them at a drive-in facility in Ballard or Sodo, where the grocery bags will be brought to thei
GATEWAY Motors Group, the largest multi-brand car dealership in Cebu, has partnered with Nissan to bring to Cebu the newest Nissan dealership in the region. Known for its brand promise of “Innovation
INDEPENDENT oil firm Phoenix Petroleum Philippines Inc. will acquire the liquefied petroleum gas (LPG) business of Petronas Dagangan Berhad (PDB) in the Philippines. PDB is a Malaysian oil and gas com
REVENUES of Ginebra San Miguel Inc. (GSMI), the hard liquor unit of San Miguel Corp., rose 31 percent to P5.1 billion in the first quarter of the year as volumes grew 32 percent. Net income for the pe
THE Department of Trade and Industry–Bohol Provincial Office launched on May 17 the Kapatid Mentor Me Program (KMMP), in partnership with the Philippine Center for Entrepreneurship (PCE) and the Bohol
To give kids an equal shot at the American Dream, they need access to the internet. This nonprofit thinks that's not a partisan issue. The post No Matter What Washington Does, One Nonprofit Is Closin
CLEVELAND (AP) — An Emirati man briefly detained at an Ohio hotel after a clerk heard him speaking Arabic and thought he was a terrorist has sued the hotel chain, police and others. Ahmed Al-Menhali w
WASHINGTON (Reuters) - The Trump administration is particularly hopeful it can reach a bipartisan tax deal when it comes overhauling laws for business taxes, Treasury Secretary Steven Mnuchin said on
Mortgage rates sank to their lowest levels of the year this week but remain well above where they were six months ago. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-
Opening day at Volcano Bay is the first big test of TapuTapu, the wristband that's the key to the Virtual Line element of Universal's new water park. Here's how it is designed to work. Every Volcano B
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week to their lowest levels of the year. The benchmark 30-year rate dipped below the key 4 percent mark. Mortgage buyer Freddie Mac says the a
NEW YORK (Reuters) - Cigna Corp , which recently won court approval to break off its failed deal with Anthem Inc , on Thursday said it would give its more than 40,000 employees five Cigna shares each
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