Legendary singer Tony Bennett, with the help of his family, revealed Monday that he was diagnosed with Alzheimer’s disease in 2016, and has been silently battling the condition since then. Life is a gift – even with Alzheimer’s. Thank you to Susan and my family for their support, and @AARP …
Read More »Monthly Archives: January 2021
Air Canada, Rogers and Suncor part of consortium piloting rapid COVID-19 testing
A person wearing face mask as a precaution against the coronavirus walks near a sign advertising a rapid COVID-19 testing site in Philadelphia, on Jan. 25, 2021. (Matt Rourke / AP) TORONTO — Canadian space technology and robotics giant MDA will begin offering its workers rapid COVID-19 testing at its …
Read More »Gov’t hikes T-bill award as rates drop ahead of inflation report
THE BUREAU of the Treasury hiked its award of short-term government securities as rates continued to go down. — BW FILE PHOTO THE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Monday as strong demand persisted despite the expected uptick in inflation on the back of high …
Read More »UnionBank income down 17.4%
UNIONBANK of the Philippines, Inc. booked a lower net income last year on increased loan loss provisions due to the pandemic. — FACEBOOK/UBP.UNIONBANK.PLAZA UNIONBANK of the Philippines, Inc. saw its net profit drop in 2020 despite higher net interest income, as it ramped up its loan loss provisions to safeguard …
Read More »Australia’s central bank faces taper quandary as its peers remain on hold
THE RESERVE Bank of Australia is set to keep its key interest rate and three-year bond yield target at 0.10% on Tuesday. — REUTERS AUSTRALIA ONLY recently started its quantitative easing (QE) program, yet the key question already confronting the central bank is when and how to taper bond purchases …
Read More »Shorter maturity Thai bonds are in demand as rate verdict nears
Photographer: Andre Malerba/Bloomberg HAVEN FLOWS and prospects for rate easing are boosting demand for shorter-maturity Thai bonds ahead of this week’s first monetary policy meeting for the year. Yields are unlikely to rebound until there’s a successful containment of the pandemic. Two-year sovereign yields fell to a record 0.34% in …
Read More »UK bankers face location limbo on Brexit
Photographer: Simon Dawson/Bloomberg YOUNG BANKERS waiting to learn when or whether they might be relocated to the European Union (EU) can take some solace from the fact that oftentimes, their bosses also don’t know their own fate. A senior banker hired to work in London last year was asked just …
Read More »VCO might be the (COVID) cure we’re looking for
As the mass COVID-19 vaccination in the country seems “so near and yet so far,” boosting one’s immune system and adhering to safety protocols have become a tall order, especially now that the more transmissible variant of the coronavirus has reached our shores. You know the drill: Observe physical distancing, …
Read More »Manila Bulletin marks 121st anniversary today
The Manila Bulletin observes its 121st anniversary today. Its first issue came out on February 2, 1900, one of a number of newspapers set up at the start of the American occupation in 1899 that followed 350 years of the Spanish colonial era. The newspapers organized at the start of …
Read More »Several Canadian corporations band together for COVID-19 rapid testing project
Business Some of Canada’s top airlines, banks and sports teams have united to pilot rapid tests identifying COVID-19 in hopes that they can find a way to reopen workplaces. Suncor president and CEO Mark Little is one of the corporate leaders putting his weight behind the pilot being run by …
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