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Goldman Sachs puts some London staff on notice for transfer to Germany by midyear -- report
BusinessWorld - 2018-03-08
The loss of these passporting rights -- which currently enable finance firms to freely offer financial, advisory and trading services to corporate clients across all EU states via just one local license -- is a key concern for banks such as Goldman.

Sanofi May Seek U.S. Approval for Dengvaxia Despite Philippines Outrage
The New York Times - 2018-03-08
PARIS -- French pharmaceuticals group Sanofi says it will decide shortly whether to seek regulatory approval for dengue vaccine Dengvaxia in the United States, saying it was committed to the medicine despite a health scare in the Philippines. David Loew ...

An old favorite gets a face-lift
BusinessWorld - 2018-03-08
We wanted to cater to families with young kids," Mr. Remulla said of how to keep the business thriving. "Leisure is a diverse business... What is leisure to one might not be leisure to the other." PETS ARE WELCOME TOO. In the 1970s, guests had to ...

China Bank to raise up to P50B
BusinessWorld - 2018-03-08
CHINA BANKING Corp. (China Bank) is set to conduct fund-raising activities to expand its business. In a disclosure to the local bourse on Thursday, the Sy-led China Bank said its board of directors approved a funding program of up to P50 billion through a ...

Del Monte Pacific swings to net loss in Q3
BusinessWorld - 2018-03-08
DEL MONTE PACIFIC Limited (DMPL) swung to a net loss in the November to January period, as it felt the impact of new tax rates in the United States as well as the sale of its Arkansas-based vegetable business. In a disclosure to the stock exchange on ...

Investing more in women lowers portfolio volatility
BusinessWorld - 2018-03-08
Having a diverse board is an important aspect of corporate governance and helps companies better represent themselves with and relate to their customers, the strategists wrote. It can come up with more diverse opinions and ideas, and better help the ...

Women's groups hold protest on International Women's Day
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- Women's groups held protests in Intramuros on Thursday in time for the celebration of International Women's day Hundreds of people, led by militant women's movement Gabriela, converged in the Walled City to ...

Sereno on relationship with SC justices: 'Hurts can be healed'
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- Chief Justice Maria Lourdes Sereno said her disagreements with other Supreme Court justices can still be settled. "Bonds can be renewed. Friendships can be broken. Hurts can be healed," Sereno told CNN ...

Stricter DOLE rules force nearly 1,000 contractors out of business
BusinessMirror - 2018-03-08
Almost a year after the government implemented stricter rules on contractualization, close to 1,000 contractors are no longer operating because they failed to register with the Department of Labor and Employment (DOLE). Based on the latest report of the ...

Sereno on impeachment defense: We're 'ready to go'
CNN Philippines - 2018-03-08
Story updated to include other parts of Chief Justice Sereno's exclusive interview. Metro Manila (CNN Philippines, March 8) -- Chief Justice Maria Lourdes Sereno is ready to face the Senate impeachment court. When asked about her preparations, Sereno said ...

What do you bring to the table?
BusinessWorld - 2018-03-08
In the corporate context, "potluck management" requires that every employee brings something of value to her job. For this business model, ideal for shoestring-budget start-ups, each individual needs to bring something to the party. A simple test ...

Campos-led Del Monte Pacific suffers net loss in its fiscal Q3
BusinessMirror - 2018-03-08
Such measures are geared to work in tandem with revenue-enhancing initiatives to ensure a profitable and sustainable business in the long run," he said. For its fiscal nine months, the company generated sales of $1.69 billion, lower than the prior year ...

Back to nature
BusinessWorld - 2018-03-08
Duterte threatened to close the entire island due to numerous environmental violations by business establishments. The Department of Environment and Natural Resources (DENR) aims to restore the habitat of puka shells in the area, for which the beach is ...

SM Foundation inks healthcare pact for mall workers, kin
thestandard.com.ph - 2018-03-08
Statistics showed that 1,117 employees including their relatives availed of the different medical health service providers while 293 came from surrounding communities. Foundation staff and volunteers made the process systematized and orderly. As Connie ...

Sereno on House panel vote: I knew the numbers were not in my favor
CNN Philippines - 2018-03-08
This story was updated to include statements from CNN Philippines' one-on-one interview with Chief Justice Maria Lourdes Sereno. Metro Manila (CNN Philippines, March 8) -- Chief Justice Maria Lourdes Sereno was not surprised when the House Justice Panel ...

Costa Atlantica ship returns to Subic Freeport
thestandard.com.ph - 2018-03-08
"It is not our business to make profit from what we do; our mandate is to give business to our stakeholders," said Sanqui, citing the beneficiaries as the local restaurants, hotels, souvenir shops and even vendors and taxi drivers. "If one cruise ...

U.K. police: Russian ex-spy attacked with nerve agent
BusinessMirror - 2018-03-08
Police kept residents away from an Italian restaurant and a pub in the city, and cordoned off part of a business park about 14 kilometers away, near the ancient stone monument of Stonehenge. Detectives appealed for information from anyone who visited ...

PUV modernization plan: Not just about the vehicle
thestandard.com.ph - 2018-03-08
"It will also provide business opportunities for the SMEs that comprise the majority of the supplier base of the domestic auto industry, in both downstream and upstream support industries. This will be good for the local economy. This is why the DTI ...

PSEi slips as Fed hints on improving US economy
BusinessWorld - 2018-03-08
The Beige book contains reports on current economic conditions based on anecdotes from banks, branch directors, interviews with key business contacts, and market experts, among others. The Dow Jones Industrial Average dropped 0.33% or 82.76 points to ...

Astronaut Scott Kelly's new mission: promoting interest in science
Upi.com - 2018-03-08
March 8 (UPI) --In the spring of 2016, after two decades at NASA -- and a total of 520 days aboard the International Space Station -- astronaut Scott Kelly retired, giving him a lot more free time. Free time he's now using to promote appreciation for science.

10 Aegis Juris fraternity members indicted over Atio Castillo hazing death
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- The Department of Justice (DOJ) on Thursday indicted ten members of the Aegis Juris fraternity over the hazing death of University of Santo Tomas (UST) law student Horacio "Atio" Castillo III. In its resolution ...

PSA: More jobs in January but underemployment up as well
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- More Filipinos had jobs as of last January compared to the same period last year, according to the Philippine Statistics Authority (PSA). In a report published Wednesday, the PSA said employment rate was at 94.7 ...

UN rights head slams Duterte for ordering police to snub drug probe
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) --The United Nations Human Rights Council (UNHRC) chief called out President Rodrigo Duterte for ordering the police to ignore investigators of the country's drug war. UN High Commissioner for Human Rights Zeid Ra ...

A national sport
thestandard.com.ph - 2018-03-08
It is almost always held at the Araneta Coliseum. Manila Cockers Club is a wholly-owned subsidiary of the Manila Jockey Club. During the past two years, the sport has been revolutionized. There is now a world-class cockpit arena at the San Lazaro Leisure ...

Justice De Castro calls out Chief Justice Sereno for discussing SolGen petition
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- Chief Justice Maria Lourdes Sereno on Thursday crossed paths with one of her harshest critics in the Supreme Court, who gave her a scolding. Sereno and Associate Justice Teresita Leonardo-De Castro, President ...

Alone at health clinic, Australian treats self for heart attack
Rappler - 2018-03-08
MIAMI, United States - Alone at a health clinic in a small, remote seaside settlement in Australia, a 44-year-old nurse sensed he was having a heart attack and sprang into action, saving his own life, a report said Wednesday, March 7. The man, whose name ...

BIR slaps P133.8M tax evasion case vs. Rappler's parent firm and Maria Ressa
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- The Bureau of Internal Revenue (BIR) filed a tax evasion case against Rappler Holdings Corporation (RHC) on Thursday. BIR filed the criminal complaint against RHC, its president Maria Ressa, and treasurer James ...

House panel declassifies results of Sereno's psychological test, discussion in executive session
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- The House Committee on Justice on Thursday ruled to declassify the results of Chief Justice Maria Lourdes Sereno's psychological test and all that was discussed in its close-door session on February 27.

Google's former HR boss shared the company's 4 rules for hiring the best employees
Business Insider - 2018-03-08
Former Google HR boss Laszlo Bock outlined Google's foundational approach to management in his 2015 book "Work Rules!" Google's, and later Alphabet's, detail-oriented approach to hiring is a primary reason how it became one of the world's most successful ...

House justice panel to impeach Sereno on Thursday, chair says
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 7) -- Chief Justice Maria Lourdes Sereno will be impeached by the House Committee on Justice on Thursday, the panel's chairperson said. Oriental Mindoro Rep. Reynaldo Umali said this with certainty in an interview with ...

Duterte to allow anti-corruption body to open his bank accounts
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- President Rodrigo Duterte on Tuesday said he is willing to open his bank accounts in question to the Presidential Anti-Corruption Commission (PACC). [Translation: You, anytime, I will give you authority.

The Philippines talks with Russia about nuclear reactors
Nikkei Asian Review - 2018-03-08
MANILA The Philippines might finally bring Southeast Asia's only nuclear reactor to life, three decades after its completion. Rust and dust cover the interior of the nuclear power plant on the Bataan Peninsula, west of the capital city of Manila.

Fire razes UP Shopping Center in Diliman
CNN Philippines - 2018-03-08
Metro Manila (CNN Philippines, March 8) -- Fire razed the University of the Philippines (UP) Shopping Center in Diliman, Quezon City on Thursday morning. Quezon City Fire Marshal FSupt. Manuel Manuel said fire out was declared at 8:53 a.m. The fire ...

Duterte denies hand in Sereno impeachment
CNN Philippines - 2018-03-08
The House Committee on Justice is expected to vote today if there is probable cause to impeach her. Eight associate justices of the Supreme Court spoke during the previous hearings: Justices Lucas Bersamin, Teresita de Castro, Mariano del Castillo ...

Esperon: Gov't to start nat'l ID system even without law
CNN Philippines - 2018-03-07
Metro Manila (CNN Philippines, March 8) -- National Security Adviser Hermogenes Esperon said on Wednesday that they will begin with the national identification system even without a law. Esperon said the government has allotted ?2 billion this year so ...

Sy steps down as NGCP head to focus on real estate business
thestandard.com.ph - 2018-03-07
The board of grid operator National Grid Corporation of the Philippines said Wednesday it approved the request of president and chief executive Henry Sy Jr. to avail of an early retirement to focus on his real estate business. NGCP said in a statement its ...

Amazon has the potential to upend a booming investment business, and it's keeping industry insiders up at night
Business Insider - 2018-03-07
Amazon is reportedly in early talks with banks to launch a checking account product. That's breathing new life into the idea that the company could take on other areas of finance too. Amazon brings a few things to mind for most users. Today's deals.

Highly processed foods tied to increased risk of certain cancers
YAHOO! - 2018-03-07
(Reuters Health) - People who consume mostly packaged foods and drinks with lots of unpronounceable ingredients may be more likely to develop certain cancers than people who subsist mostly on whole foods found in nature, a French study suggests ...

Duterte to declare state of calamity in Boracay
CNN Philippines - 2018-03-07
Metro Manila (CNN Philippines, March 7) -- President Rodrigo Duterte said he will declare a state of calamity in one of the country's most popular tourist destinations. "Sabi ko na, "Sir, inutusan kita six months. Tapusin mo 'yang problema sa Boracay ...

China's Tiangong-1 space station is falling to Earth, but it probably won't crush you
Mashable - 2018-03-07
China's Tiangong-1 space station is hurtling through Earth's atmosphere, on a death dive to end its 7-year journey in space. The station, which is a bit smaller than a bus, is expected to fall into Earth's atmosphere sometime between March 29 and April 9 ...

Esperon: PH gov't to strengthen patrolling activities in Benham Rise
CNN Philippines - 2018-03-07
Metro Manila (CNN Philippines, March 7) -- National Security Adviser Hermogenes Esperon on Wednesday said the government will strengthen its patrolling activities in the Benham Rise, locally known as the Philippine Rise. He said satellite monitoring ...

Nor'easter brings widespread threat of thundersnow, a dream for every weather nerd
Mashable - 2018-03-07
Just like each of us has our own personality, each nor'easter is different, with its own idiosyncrasies and mood. The rapidly intensifying storm taking shape off the Mid-Atlantic and southern New England on Wednesday, for example, is unusually feisty, with ...

Ex-Defense Sec. Fortunato Abat dies at 92
CNN Philippines - 2018-03-07
Metro Manila (CNN Philippines, March 7) -- Former Defense Secretary Fortunato Abat died on Wednesday at the age of 92. Abat's grandson, Carlo, confirmed this in a Wednesday Facebook post. Abat was defense chief from September 1997 to June 1998, during the ...

Microsoft pitches Windows 10 as an AI platform for developers
ZDNet - 2018-03-07
Every tech vendor these days is quick to slap the AI label on products and services. Up until today, I thought Microsoft had done an admirable job in refraining from doing this with Windows. But the shark has been jumped as of March 7, the company's latest ...

DOJ junks charges vs. suspected ISIS recruiter
CNN Philippines - 2018-03-07
Metro Manila (CNN Philippines, March 8) -- The Justice Department has dismissed charges of illegal possession of a firearm and instruments for making explosives against alleged foreign terrorist Fehmi Lassoued and his Filipino companion. In a seven-page ...

Sanofi may seek U.S. approval for Dengvaxia despite Philippines outrage
Reuters - 2018-03-07
PARIS (Reuters) - French pharmaceuticals group Sanofi says it will decide shortly whether to seek regulatory approval for dengue vaccine Dengvaxia in the United States, saying it was committed to the medicine despite a health scare in the Philippines.

The Cells That Eat, Regurgitate and Eat Your Tattoos Again
The New York Times - 2018-03-07
We think of tattoos as fixed adornments. Plunge ink deep enough into the skin and there it will sit, suspended in subterranean connective tissue forever. But what if I told you that tattoos are actually maintained by an ever-changing process -- one in ...

S&P Global acquires AI startup Kensho in $550 million deal
ZDNet - 2018-03-07
S&P Global has announced its intention to acquire Kensho in a deal worth $550 million. On Wednesday, New York-based S&P said that the deal would bolster the firm's portfolio of next-generation technologies. The acquisition agreement has been signed for $ ...

More jobs in Jan., but quality erodes
BusinessWorld - 2018-03-07
Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines (UnionBank), shared this assessment: "Increasing economic activity means more economic opportunities for all." He said, however, that the quality of jobs available is "a whole ...

DoJ orders NBI to investigate investment scam
thestandard.com.ph - 2018-03-07
The SEC said Wahana was promising investors returns as high as 12 percent per week and 48 percent per month through its business of lending money to casino players.

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