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Philippines doles out cash to soften inflation's blow
Nikkei Asian Review - 2018-07-10
MANILA -- The Philippines has launched a fleet of subsidies to shield against accelerating inflation and criticism of doing little for the poor. Price growth exceeded the government's target range of 2% to 4% for four months straight through June ...

The Google superstar Apple poached is now in charge of Siri
Business Insider - 2018-07-10
Apple announced that it will combine its machine learning, artificial intelligence, and Siri groups. They will report to John Giannandrea, who Apple poached from Google earlier this year. Apple announced on Tuesday that it combined its machine learning and ...

Video captures fireball streaking across the Midwestern US, visible from 10 states
YAHOO! - 2018-07-10
Skywatchers in 10 states in the Midwestern United States got a treat early on Sunday evening as a fireball careened through the atmosphere and produced a fiery trail. Unlike some fireballs that are only spotted by a handful of people, or happen to be ...

The Thanos subreddit successfully banned over 300,000 members in honor of 'Infinity War'
Business Insider - 2018-07-10
The Thanos subreddit r/ThanosDidNothingWrong banned half of its members on Monday -- a tribute to Thanos wiping out half of all life in the universe in "Avengers: Infinity War." That meant hundreds of thousands of Reddit accounts banned, all in one moment ...

Researchers find altered genes more widespread in cancer than thought
Upi.com - 2018-07-10
July 10 (UPI) --Researchers have found widespread cancer development from altered genetic regions, as opposed to the more commonly known genes mutations they expected. Whole genome sequencing data was used to analyze all the genes of 1,448 cancers of 18 ...

Low-Dose Sumatriptan Auto-Injector for Migraine Better Tolerated
Medscape - 2018-07-10
SAN FRANCISCO -- The sumatriptan 3-mg subcutaneous auto-injector (Zembrace SymTouch, Promius Pharma) approved by the US Food and Drug Administration (FDA) for acute treatment of episodic migraine, with or without, aura is well tolerated, safe, and ...

Doctor warns vs leaving kids in cars
philstar.com - 2018-07-10
MANILA, Philippines -- Parents and guardians should not leave young children unattended inside a parked vehicle, a health expert said yesterday. Dexter Aison, former Philippine Society of Pediatric Surgeons president, said leaving children by themselves ...

AI system can predict side effects of drug combinations
Upi.com - 2018-07-10
July 10 (UPI) --Researchers have developed an artificial intelligence system to predict potential side effects from two-drug combinations. With the Decagon system, researchers at Stanford University believe that can doctors make better decisions about ...

How Is Musk Going To Pay For Tesla's Chinese Gigafactory?
Forbes - 2018-07-10
Fresh off hitting an elusive production target for the Model 3 electric sedan - and a weekend offer to help rescue the young soccer players trapped in a Thai cave - Tesla CEO Elon Musk popped up in Shanghai to unveil plans for his long-held goal of a ...

Malacañang proposes P3.757 trillion budget for 2019
philstar.com - 2018-07-10
MANILA, Philippines -- Malacañang has endorsed to Congress the proposed P3.757-trillion national budget for next year. Presidential spokesman Harry Roque Jr. said President Duterte approved the proposed budget presented by the Department of Budget and ...

Kian delos Santos murder trial nears end
philstar.com - 2018-07-10
MANILA, Philippines -- The trial of three police officers accused of killing and planting evidence on 17-year-old Kian delos Santos may soon be concluded, with the prosecution set to finish its presentation of evidence this week. This developed as the ...

5 drug suspects killed in Rizal and Batangas
philstar.com - 2018-07-10
MANILA, Philippines -- Five suspected drug pushers were killed in stings in Rizal and Batangas in the past two days. Jelo Parane and his unidentified companion drew their guns when they sensed they had sold shabu to undercover agents in Sitio Hinapao ...

Trade gap in May widest in 5 months
philstar.com - 2018-07-10
"I think the low export supply was due to strong domestic demand for manufactured goods and weak production of agro-based exports," said Angelo Taningco, economist at Security Bank Corp. "Moreover, strong import demand was on the back of huge requirements ...

FDA OKs Emergency Use of Freeze-Dried Plasma for the Military
Medscape - 2018-07-10
The US Food and Drug Administration (FDA) has granted emergency use of a freeze-dried plasma product to help treat military members in the battlefield. The emergency use authorization allows the military to use pathogen-reduced leukocyte-depleted freeze ...

Donations from Office of the President rose to P4.7 billion in 2017
philstar.com - 2018-07-10
MANILA, Philippines -- Donations or grants of financial assistance made by the Office of the President (OP) rose from only P524.983 million in 2016 to P4.777 billion last year. In a 2017 report released last week, the Commission on Audit (COA) said the ...

If High Court Reverses Roe V. Wade, 22 States Likely To Ban Abortion
NPR - 2018-07-10
What would the U.S. look like without Roe v. Wade, the 1973 case that legalized abortion nationwide? That's the question now that President Donald Trump has chosen conservative Judge Brett Kavanaugh as his nominee to replace retiring Supreme Court Justice ...

Philexport sees export recovery in second half of 2018
philstar.com - 2018-07-10
MANILA, Philippines -- The umbrella organization of Philippine exporters expects shipments of products to other countries to recover in the second half of the year, citing expected strong demand in preparation for the Christmas season. "We think the ...

Megaworld unit acquires Stateland
philstar.com - 2018-07-10
In a disclosure to the Philippine Stock Exchange (PSE) yesterday, Megaworld said the acquisition was made by its wholly owned subsidiary Suntrust Properties Inc. Suntrust acquired Stateland, a 42-year old real estate company known for building affordable ...

Frequency auction mode to benefit duopoly -- DICT
philstar.com - 2018-07-10
MANILA, Philippines -- The auctioning of frequencies in selecting the new major telecommunication company (telco) would only be beneficial to the existing duopoly in the market as it would lead to more expensive services to Filipinos, the head of the ...

Gardo moves away from Philippines
philstar.com - 2018-07-10
PAGASA senior weather specialist Aldczar Aurelio said the brewing cyclone east of the country is also expected to enhance the southwest monsoon. He said monsoon rains would continue to affect Zambales, Bataan, Cavite, Batangas, Mindoro, Northern Palawan ...

Pepe the Frog creator gets neo-Nazi site Daily Stormer to remove (nearly) all Pepe images
The Verge - 2018-07-10
After a few long years, Pepe the Frog is finally beginning to fade from the racist internet. With the help of a team of intellectual property lawyers, cartoonist Matt Furie has successfully petitioned The Daily Stormer, a popular, Trump-loving, neo-Nazi ...

May trade gap widest so far for 2018
BusinessWorld - 2018-07-10
Michael L. Ricafort, economist at Rizal Commercial Banking Corp. (RCBC), said that the slower import growth during the month may be due to the weaker peso exchange rate versus the dollar and higher prices of global commodities including crude oil.

Net foreign direct investments biggest in six months in April
BusinessWorld - 2018-07-10
FOREIGN DIRECT INVESTMENTS (FDI) inflows rose further in April to a six-month peak, the central bank said in a statement on Tuesday, supported by solid investor optimism towards the Philippines. Net FDI inflows reached $1.027 billion for the month, surging ...

SWS: Duterte's satisfaction rating plunges across all areas
philstar.com - 2018-07-10
The Second Quarter 2018 Social Weather Survey of the Social Weater Stations found that that satisfaction rating of Duterte dived by five points, from 70 percent in March to 65 percent in June. The dissatisfaction rating of the chief executive, meanwhile ...

ConCom agrees to include poll for transition president in proposed charter
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) -- The Consultative Committee tasked to Review the 1987 Constitution has agreed to President Rodrigo Duterte's request to include a provision in the proposed Federal Constitution that would allow for the election of ...

AXA Philippines bullish on expansion
BusinessWorld - 2018-07-10
PHILIPPINE AXA Life Insurance Corp. (AXA Philippines) is bullish on its growth prospects despite the supposed turbulence in the market due to elevated inflation, it said as it launched its training academy for its financial advisors on Tuesday. The ...

Duterte says he wants to end 5-6 lending scheme
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) -- President Rodrigo Duterte issues a stern warning against those are engaging in the '5-6' money lending scheme. In an interview with media in Pampanga Tuesday, he says loan sharks should not make life harder for ...

Grab to launch grocery delivery service in race for growth
BusinessWorld - 2018-07-10
SINGAPORE -- Grab plans to launch a grocery delivery service, and is betting on its network of 7.1 million drivers, agents and merchants to steer its expansion beyond its core ride-hailing business across Southeast Asia, its chief executive officer (CEO ...

Rediscount loans up at end-June
BusinessWorld - 2018-07-10
In turn, the banks may use the fresh cash -- expressed in the peso, dollar or yen -- to grant more loans for corporate or retail clients and service unexpected withdrawals. Nearly half of the loans were secured to finance bigger commercial credits ...

BPI eyes increased use of electronic channels
BusinessWorld - 2018-07-10
BANK of the Philippine Islands (BPI) wants to double the number of clients using electronic channels in the next five years as it ramps up its digitalization push. In a statement Tuesday, the Ayala-led bank said it aims to raise the number of clients who ...

Supreme Court junks petition from Imee Marcos, Ilocos 6
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) -- One year after six employees of the Ilocos Norte government were released from detention, the Supreme Court junked a petition asking for the same. The high court on Tuesday junked a petition from Ilocos Norte ...

Duterte breaks moratorium on tirades vs Church
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) -- President Rodrigo again criticized the Church a day after he said he would stop doing so. In a speech Tuesday, the President spoke strongly against those who used God to "attack" him. "Do not ever, ever include ...

SMC aims for stronger finish, expects major projects to complete in 2018
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) -- Diversified conglomerate San Miguel Corp. (SMC) expects two major projects to be completed by the end of the year. During the annual stockholders meeting of Top Frontier Investment Holdings, Inc. (TFIH) on ...

Man 'wanting to see' Cebu archbishop shot dead by cops
philstar.com - 2018-07-10
MANILA, Philippines -- Police shot dead on Tuesday an armed man who was looking for Cebu Archbishop Jose Palma and tried to enter the archbishop's residence. This incident comes after the recent months saw the killings of Catholic priests Richmond Nilo in ...

Rescuers comb through mud for Japan flood victims; 134 dead
philstar.com - 2018-07-10
Assessment of the casualties was slowed by the scale of the area affected. Officials in Ehime prefecture asked the government to review its weather warning system, noting that rain warnings were issued after damage and casualties already had occurred.

FDI dip slightly in April but 4-month total rises
BusinessMirror - 2018-07-10
By component, the bulk of the net inflows in April was in the form of debt instruments--or lending by foreign companies abroad to their local affiliates to fund existing operations and business expansion. This amounted to $705 million. Meanwhile ...

Universal health care bill certified urgent
BusinessMirror - 2018-07-10
Under the House version which was approved on third and final reading in September last year, the Philippine Health Insurance Corporation will be reconstituted into the Philippine Health Security Corporation and will become the national purchaser of health ...

Chinese foam industry responsible for rise in CFC-11 emissions
Upi.com - 2018-07-10
July 10 (UPI) --An investigation by the Environmental Investigation Agency suggests the Chinese foam industry is responsible for a sudden rise in CFC-11, an ozone eating chemical. The rise in CFC-11 emissions was identified by NOAA chemists and detailed in ...

Subsidies to financial services sector down 25 percent-PSA
BusinessMirror - 2018-07-10
Based on the final results of the 2015 Annual Survey of Philippine Business and Industry (ASPBI) for the Financial and Insurance Activities Sector For All Establishments, total subsidies received by these firms reached P2.1 billion in 2015. In 2014 tax and ...

Ceza eyes P3.6 billion in investments from fintech firms
BusinessMirror - 2018-07-10
The Ceza is allowing only 25 fintech companies to do business in the region for the year, and the first to be handed a licence was the Golden Millennial Quickpay Inc. Ltd. In an interview with reporters, Roquero said Golden Millennial invested $1 million ...

Typhoon Gardo exits PAR
philstar.com - 2018-07-10
MANILA, Philippines -- Typhoon Gardo is now outside the Philippine area of responsibility Tuesday night, state weather bureau PAGASA said. "Gardo" left the PAR at 6 p.m. It slightly strengthened before it left PAR. "Gardo" packed maximum sustained ...

PHL stocks climb as trade war fears overseas ease
BusinessWorld - 2018-07-10
Eleven of the 20 most actively traded stocks rose on Tuesday, led by Metropolitan Bank & Trust Co., which added 1.4% to P68.80 each, and Ayala Corp., gaining 2.04% to P924 apiece. Foreign investors remained in a net selling position, albeit thinner at P509 ...

Universal Health Care Bill certified as urgent
BusinessWorld - 2018-07-10
The Universal Healthcare Bill provides for the automatic inclusion of all Filipinos under National Health Insurance Program of the Philippine Health Insurance Corp (Philhealth). The proposed measure remained pending at the Senate committee level while its ...

Lim: Franchising to grow 10% to 15% this year
BusinessMirror - 2018-07-10
"We want to encourage people 35 years old and below who have not been into the franchising business to join. We give them exposure and really get them exposed into franchising," he said. Moreover, the PFA has organized 14 different breakout sessions to ...

Science and human progress
BusinessMirror - 2018-07-10
It is during these unfortunate circumstances that the Department of Science ... s innovation centers. More than three decades after former President Corazon C. Aquino reorganized the National Science and Technology Authority, the Philippines has come ...

Playing fair to court investors
BusinessMirror - 2018-07-10
In short, for long-term investors, what counts is the ease of doing business in the country and the prospect for durable, competitive returns to capital. Anticompetitive conducts, agreements or practices by monopolies, cartels or dominant market players ...

Clearing up the smoke on the South China Sea dispute
BusinessMirror - 2018-07-10
wants to do business with China and Russia. He also hit the "color revolutions" backed by George Soros and similar groups, like the 2004 Orange revolution in Ukraine; 2003 Rose Revolution in Georgia; 2005 Tulip revolution in Kyrgyzstan, 2005 Cedar ...

Armed man gunned down by police inside Archbishop's palace compound
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) - An armed man who barged inside the compound of the Cebu Archbishop's palace on Tuesday morning was killed by police in a shootout. Following investigation, the gunman was identified as 41-year-old Jeffrey Cañedo ...

Suspects in killing of Lanao del Sur town councilor surrender
philstar.com - 2018-07-10
LANAO DEL SUR, Philippines -- Police have arrested two suspects in an attack on Saturday in Balabagan, Lanao del Sur that killed a municipal councilor and hurt five others, but for a different murder case. Chief Superintendent Graciano Mijares of the ...

SWS: Duterte gets lowest personal satisfaction rating in latest survey
CNN Philippines - 2018-07-10
Metro Manila (CNN Philippines, July 10) -- President Rodrigo Duterte just received his lowest personal net satisfaction rating, a private pollster said. In a report released Tuesday, the Social Weather Stations said a survey it conducted from last month ...

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