Global

Starvation has decimated Pacific Coast gray whale population

When large numbers of gray whales began washing up along North America’s Pacific Coast nearly six years ago, marine scientists could only speculate at the reason: Was it disease? Ocean pollution? Increasing ship collisions? Many of the doomed cetaceans looked skinny or emaciated, while others looked torn up by orcas. Some had clearly died after

READ MORE
Noticias de dinero

Cebu Pacific rebound fuels JG Summit profit

JG Summit Holdings Inc. saw its core net income more than triple to P19.6 billion in 2023 from P6.2 billion a year before as a resurgence in both domestic and international tourism fueled a rebound in its airline business. Including more favorable foreign exchange and mark-to-market adjustments, net income would have ballooned to P20.2 billion

READ MORE
Entretenimiento

‘Barbie pigs’ and ‘unicumbers’ among several bizarre, new species discovered at proposed site for deep-sea mining site in the Pacific

Between 13,000-16,000 feet under the sea, biodiversity researchers have raced to document whimsical, new marine life in advance of a green energy mining project. Their latest finds include a bright pink ‘Barbie pig’ — a multi-legged ‘amperima’ sea cucumber that forages along the sea floor for dead plankton, called ‘marine snow.’   Other specimens include an

READ MORE
Noticias de dinero

Cebu Pacific adds A321neo to fleet

CEBU Pacific has taken delivery of its third aircraft for 2024, a brand-new Airbus A321neo, which it said underscored a commitment to sustainability and strengthen operational resiliency amid rising air travel demand. “We take pride in adding more SAF (sustainable aviation fuel)-powered aircraft into our growing fleet. This aircraft delivery represents the strides we are

READ MORE
Noticias de dinero

Del Monte Pacific widens losses in Q3

DEL Monte Pacific Ltd. (DMPL) said Tuesday it incurred a net loss of $29 million in the third quarter of its fiscal year ending April on higher operating costs, lower sales, and higher interest expense. The net loss was a reversal of the previous year’s $10 million profit for the same period, and represented more

READ MORE
Noticias de dinero

Cathay Pacific reports first annual profit

HONG KONG: Hong Kong carrier Cathay Pacific on Wednesday reported its first annual net profit in four years, citing “significant pent-up demand for travel” as it emerges from the impact of the Covid pandemic. Chairman Patrick Healy said that “2023 was our first profitable year since 2019” and added that the imbalance between supply and

READ MORE
Noticias de dinero

Metro Pacific doubles 2023 profit

METRO Pacific Investments Corp. (Metro Pacific) on Wednesday reported that its net income in 2023 doubled to P26.36 billion from P13.14 billion in the previous year. In a statement, the company said the growth was mainly driven by the strong performance of its power business — Manila Electric Co. or Meralco — and higher water

READ MORE
Noticias de dinero

Cebu Pacific boosts fleet with new A330neo

BUDGET carrier Cebu Pacific has acquired a second brand-new A330neo aircraft, the first of an expected 12 Airbus NEO deliveries this year. Sustainable aviation fuel (SAF) was used on the delivery flight from Toulouse, France to the Ninoy Aquino International Airport, which Cebu Pacific Chief Strategy Officer Alex Reyes said was “consistent with our commitment”

READ MORE
Global

No role for China in Pacific policing, Australian minister says

Australia’s Pacific Minister Pat Conroy said there should be “no role” for China in policing the Pacific Islands, and Australia will train more local security forces to fill gaps, after Reuters reported Chinese police are working in Kiribati. The United States on Monday cautioned Pacific Islands nations against assistance from Chinese security forces, after Kiribati’s

READ MORE