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Dutch central bank shifts billions in gold to London in ‘crisis preparedness’ move
THE HAGUE, Netherlands (AP) — The Dutch central bank announced Wednesday that it has moved billions of dollars worth of its gold reserves out of North America in a move it described as “crisis preparedness” in a time of global political unrest. It said that between March and August, some 86 metric…
Global warming set to breach the 1.5°C warming limit set in the Paris Agreement, UN says
Global temperatures are set to breach the critical 1.5°C warming limit, the United Nations confirmed, urging world leaders to act with urgency. According to the UN Environment Programme’s (UNEP) newly released Limiting Overshoot report, surpassing the 1.5°C threshold set under the Paris Agreement…
Nepal disaster a climate ‘warning signal’: foreign minister
A devastating glacial collapse in Nepal that unleashed deadly floods was a “warning signal” over the growing risks climate change poses to the Himalayan nation, its foreign minister told AFP on Tuesday. “We believe that this disaster should be seen as a warning signal to the risk that climate…
Coral records show intensifying El Niño linked to climate change — study
Coral records suggest what scientists have long feared: climate change may be driving the El Niño–Southern Oscillation (ENSO) to levels of intensity not seen in the past millennium. A team of researchers from the University of Michigan traveled to the Galápagos Islands to study fossilized…
Cook hands Apple to Ternus: bigger and richer, but catching up in AI race
When Tim Cook took over as Apple’s CEO, he did not try to fill the big shoes of its legendary founder and product visionary Steve Jobs. Instead, he took Jobs’ advice: “Never ask what I would do, just do the right thing.” Fifteen years on, having taken the iPhone maker from a $350 billion company…
China says solar power capacity surpasses coal for first time
China’s installed solar energy capacity has surpassed that of coal-fired power for the first time, the national energy body said Tuesday, hailing the milestone. China, the world’s largest emitter of greenhouse gases that drive climate change, has pledged to peak carbon emissions by 2030 and…
SM Supermalls posts P41.8B revenue, 96% occupancy; announes opening of SM Nuvali
SM Supermalls remains optimistic about ending the year on a strong note, especially with the onset of the holiday season, after posting P41.8 billion in revenues so far and achieving a 96% occupancy rate, SM Supermalls President Steven Tan said. Tan said the company’s revenue grew by 8%…
Last-minute flood warning saved over 900 Nepal students, school head says
Headmaster Rajendra Dawadi was in his school in Nepal’s Bidur last Wednesday when his accountant entered, shouting: “The flood is coming, the flood is coming!”, giving an early warning that helped save the lives of 900 students and 16 faculty members. As teachers at the Tribhuvan Trishuli…
Statins may cut dementia risk by up to 15%, have added benefits for the elderly, studies show
Cholesterol-lowering drugs known as statins could play a key role in reducing the risk of dementia, according to findings presented at the European Society of Cardiology Congress 2026. A 15-year study involving more than 132,000 patients from 2006 to 2019, with follow-up through 2021, found that…
Before flood catastrophe, Nepal asked China for early warnings as risks mounted
Three months before a wall of water, mud and rock killed hundreds when it hurtled down a Himalayan valley bordering Nepal and China, experts and officials from both countries met in Kathmandu to discuss the risk of such disasters. At the May 27 meeting in Nepal’s capital, 10 officials from Nepal…
Three tropical cyclones enhancing southwest monsoon: PAGASA
The southwest monsoon or habagat is being enhanced by three tropical cyclones inside and outside the Philippine Area of Responsibility (PAR), PAGASA said. In its 5 a.m. advisory on Monday, August 31, PAGASA weather specialist Aldczar Aurelio said Tropical Depression “Pilandok,” currently inside…
COVID-19 surges in South Korea; masks, testing kits back on shopping lists
As COVID-19 infections begin to climb, pandemic-era shopping habits are making a comeback, with people once again reaching for masks and self-test kits. All three major convenience store chains — 7-Eleven, GS25 and CU — have seen a sharp rise in sales of related products over the past month…
New DOTr policy: all airports must have 2,100-meter runways to allow Airbus jets and lower airfares
The Department of Transportation (DOTr) has set a new policy requiring all new airports to have a minimum runway length of 2,100 meters, enabling the operation of larger Airbus aircraft that can carry more than double the passengers of the turboprop planes currently limited to shorter runways—with…
Under Marcos admin, Bukidnon to get its first airport by December 2027
The Bukidnon Airport will be completed by December 2027, with the terminal building and a turboprop-capable runway finishing first, ending decades of reliance on the three-hour overland trip from Cagayan de Oro for residents of Bukidnon, Cotabato, and neighboring provinces, Transportation…
In 1.5 years, NAIA PPP generated more revenue than 30 years of government operation
The Ninoy Aquino International Airport (NAIA) concession agreement has already generated ₱75 billion for the national treasury in just one and a half years of private operation—dwarfing the approximately ₱30 billion that government management produced over 30 years, or an average of ₱1 billion per…