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LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’…
TOKYO (Reuters) -Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world’s third-biggest economy to Germany and raising doubts about when the central bank would begin to exit its…
TOKYO (Reuters) – Oil prices drifted lower on Friday after a rally the day before, as geopolitical tensions and disruptions in U.S. oil production from a cold blast were countered by concerns over slow demand growth in…
MANILA, Philippines—For the first time ever, global temperatures are likely to set new record highs in the next five years due to heat-trapping greenhouse gases (GHG) and a naturally occurring El Niño event, according to an update…
“High School Musical” star Vanessa Hudgens was named a global tourism ambassador for the Philippines during a courtesy call in Malacañang on Thursday, March 30. The honorary title was given by President Ferdinand “Bongbong” Marcos Jr., Department…
The COVID-19 pandemic may be global in scope, and the practices it has engendered can be found around the world: mask wearing, social distancing, PCR testing, working from home. Nonetheless, every country has its own unique way…
Global coronavirus cases rose by more than 500,000 for the first time on Wednesday, a record one-day increase as countries across the Northern Hemisphere reported daily spikes. Global daily COVID-19 cases have risen by nearly 25% in…
RIO DE JANEIRO — Amid global concern about raging fires in the Amazon, Brazil’s government complained Thursday that it is being targeted in smear campaign by critics who contend President Jair Bolsonaro is not doing enough to…
CEBU CITY, Philippines—Cebu City has been chosen as one of the beneficiaries of United Kingdom’s Global Future Cities Programme. In his Facebook post, Mayor Tomas Osmeña disclosed that the city is one of the 19 cities in…
While BDO Unibank sees the global economy heading for more moderate growth this year, it still makes sense to diversify into global investments and seize opportunities in markets outside the Philippines for growth over the long-term. Through…
POWER producer Global Business Power Corporation will be exploring ways to develop renewable energy as it aims to become a sustainable energy provider. Philip Dasalla, head of GBP commercial operations and strategy, noted that the company will…
Thousands of Google employees joined a coordinated worldwide walkout Thursday to protest the US tech giant’s handling of sexual harassment as the chief vowed “concrete steps are coming” in response to the concern. Google employees poured out…
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