An Airbus A350 takes off at the aircraft builder’s headquarters in Colomiers near Toulouse, France. Airbus has become the world’s largest planemaker for the first time since 2011 after delivering a forecast-beating 863 aircraft in 2019, seizing the crown from embattled United States rival Boeing. REUTERS

Airbus ousts Boeing as top planemaker

PARIS – Airbus has become the world’s largest planemaker for the first time since 2011 after delivering a forecast-beating 863 aircraft in 2019, seizing the crown...
People walk past a Bank of China branch in Macau, China Dec. 19, 2019. China’s central bank was cutting the reserve requirements for banks, freeing up about $114 billion to boost lending and spur the slowing economy. REUTERS

China to cut RR for banks

BEIJING – China’s central bank announced Wednesday it was cutting the reserve requirements for banks, freeing up about $114 billion to boost lending and spur the...

Mitsubishi reveals lineup for 2020 Tokyo Auto Salon

MITSUBISHI has revealed its lineup for the upcoming 2020 Tokyo Auto Salon. Headlining the display are modded Mitsubishi Delicas. The first is the Delica D:5 All...

How often do you need to change tires?

IT’S a car ownership fact that your vehicle’s tires will sustain wear and tear – how bad and how quickly this happens depends on how you...
Nurses working in government health institutions are set to receive another 20 percent increase in their base monthly pay over the next four years under the proposed Salary Standardization Law. BLOOMBERG

Gov’t nurses to get another 20% pay hike

NURSES working in government health institutions are set to receive another 20 percent increase in their base monthly pay over the next four years under the...
The Philippines’ international investment position posted a lower net liability of $33.9 billion as of end-September, down 13.7 percent from $39.3 billion in end-June, says Bangko Sentral ng Pilipinas. BLOOMBERG

PH external debt position declines

THE Philippines’ international investment position posted a lower net liability of $33.9 billion as of end-September, down 13.7 percent from $39.3 billion in end-June, according to...
An aerial photo shows a worker climbing up to a Turkish Airlines Boeing 737 MAX airplane grounded at Boeing Field in Seattle, Washington, United States. REUTERS

Turkish Airlines says Boeing agrees to compensate Max

TURKISH Airlines said Tuesday that it has reached a partial agreement with Boeing over compensation for damages caused by the grounding of the airline’s Boeing 737...
Once revered for rescuing struggling car manufacturer Nissan, Ghosn was arrested at Tokyo airport in 2018 in a case that sent shockwaves through the business community. AFP

Ghosn flees to Lebanon

BEIRUT/TOKYO – Ousted Nissan boss Carlos Ghosn was in his childhood home of Lebanon on Tuesday after fleeing what he said was a “rigged” justice system...
Microsoft says it has obtained a court order allowing it to seize web domains used by North Korean hacking groups to launch cyberattacks on human rights activists, researchers and others. AFP

Microsoft seizes web domains used by NK hackers

MICROSOFT said Monday it obtained a court order allowing it to seize web domains used by North Korean hacking groups to launch cyberattacks on human rights...
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, United States. World stocks on Tuesday closed out a notably profitable year, with Wall Street recording its best annual performances since 2013, boosted by hopes for a trade deal between United States and China. REUTERS

World stocks close 2019 with robust gains

NEW YORK – World stocks on Tuesday closed out a notably profitable year, with Wall Street recording its best annual performances since 2013, boosted by hopes...