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Walmart to quit selling e-cigarettes amid vaping backlash

In this Sept. 3, 2019 file photo, a Walmart logo is displayed outside of a Walmart store, in Walpole, Mass. Walmart says it will stop selling electronic cigarettes at its namesake stores and Sam’s Clubs following a string of illnesses and deaths related to vaping. The nation’s largest retailer said …

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HBC closing its 15 Hudson’s Bay stores in the Netherlands

Flagship Hudson Bay Company store in Toronto seen on Jan. 27, 2014. (Nathan Denette / THE CANADIAN PRESS) The Canadian Press Published Friday, September 20, 2019 8:51AM EDT Last Updated Friday, September 20, 2019 12:29PM EDT TORONTO — Hudson’s Bay Co. is closing its 15 Hudson’s Bay stores in the …

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Allow Quezon power plant to run, ERC urged

By JORDEENE B. LAGARE September 20, 2019 THE Department of Energy (DoE) has asked the Energy Regulatory Commission (ERC) to act on Manila Electric Co.’s (Meralco) permit to operate the 455-megawatt (MW) power plant in Mauban, Quezon to boost the country’s power supply. “I wrote [a letter to the] ERC …

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Farmers to get 2 million bags of palay seeds

By EIREENE JAIREE GOMEZ September 20, 2019 THE Philippine Rice Research Institute (PhilRice) is set to distribute to farmers before yearend 2 million bags of certified palay (unmilled rice) seeds weighing 20 kilograms each. The planned move is part of the agency’s tasks in connection with the implementation of the …

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Silent trading keeps PSEi down

By Tyrone Jasper Piad September 20, 2019 Despite the Federal Reserve (Fed) trimming rates, trading was still down on Thursday as market sentiments soured on the possibility that no further rate cut is seen for the rest of the year. The benchmark Philippine Stock Exchange index (PSEi) dipped by 0.05 …

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More firms less upbeat about Q3 – BSP survey

By JORDEENE B. LAGARE September 20, 2019 MORE companies acquired a more negative outlook on the country’s economy, while more consumers hold a more positive one for the third quarter, the Bangko Sentral ng Pilipinas reported on Thursday. Results of the central bank’s latest Business Expectations Survey showed that its …

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BOP back to surplus in first eight months

By LISBET K. ESMAEL September 20, 2019 MONEY sent home by overseas Filipinos helped the Philippines’ payment position swing back to surplus in the first eight months of 2019. In a statement on Thursday, the Bangko Sentral ng Pilipinas (BSP) said the country’s overall balance of payments (BOP) position posted …

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Mitsubishi Corp unit loses US$320 million in unauthorized trades

Mitsubishi began probing the trader’s work in August after a drop in oil prices in July. (AFP) AFP Published Friday, September 20, 2019 8:08AM EDT Major Japanese trading house Mitsubishi Corp said Friday it was carrying out an investigation after its Singapore-based subsidiary lost $320 million because of unauthorized trades …

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Farmers to get 20-M bags of palay seeds

By EIREENE JAIREE GOMEZ September 20, 2019 THE Philippine Rice Research Institute (PhilRice) is set to distribute 20 million bags of certified palay (unmilled rice) seeds to farmers across the country before 2019 ends. The planned move is part of the agency’s tasks in connection with the implementation of the …

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