Section: The Philippine Daily Inquirer (Philippines)
Air Algerie loses contact with plane over Africa
ALGIERS — Air Algerie said it lost contact with one of its aircraft nearly an hour after takeoff from Burkina Faso on Thursday bound for Algiers. “Air navigation services have lost contact with an Air Algerie plane Thursday flying from Ouagadougou to Algiers, 50 minutes after takeoff,” the airline said, cited by national news...
S&P 500 at new record on Apple earnings; Dow drops
NEW YORK–The S&P 500 Wednesday closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks. The S&P 500 added 3.48 points (0.18 percent) at 1,987.01, breaching a record set three weeks ago by about three points. The Dow Jones Industrial Average dropped 26.91 (0.16 percent) to 17,086.63,...
Thousands of white-clad Amsterdammers march for MH17
AMSTERDAM–Thousands of people in Amsterdam dressed in white marched solemnly along the city’s canals on Wednesday in memory of the 298 people who died aboard flight MH17, most of them Dutch. The memorial march came on a national day of mourning for the Netherlands, which lost 193 citizens when the Malaysia Airlines Boeing 777 was shot...
Asian shares extend gains on Wall St. rally
HONG KONG–Asian markets mostly rose Wednesday, adding to the previous day’s rally, following a positive lead from Wall Street while concerns over the Ukraine air crash crisis ease. The euro was wallowing at multi-month lows against the dollar and yen as the West considers another round of sanctions against Russia for its support of...
First MH17 bodies arrive in Netherlands as nation mourns
EINDHOVEN, Netherlands–The first bodies from flight MH17 arrived in the Netherlands on Wednesday almost a week after it was shot down over Ukraine, with grieving relatives and the king and queen solemnly receiving the as yet unidentified victims. Church bells rang out throughout the country as the planes touched down with the much-delayed...
Airlines cancel Israel flights over Gaza rocket threat
WASHINGTON–Major US, European and Canadian airlines canceled flights to and from Israel on Tuesday after a rocket fired from Gaza struck near its main international airport in Tel Aviv. The cancellations highlighted heightened worldwide fears of a rocket hitting a passenger jet in the wake of last week’s downing of a Malaysia Airlines...
Asian shares rise as Ukraine fears ease
HONG KONG–Asian markets picked up Tuesday with traders welcoming news that pro-Russian rebels had handed over the black boxes from downed flight MH17, helping to ease geopolitical concerns. Hong Kong rallied 1.69 percent, or 394.97 points, to close at 23,782.11– its highest level since December–and Shanghai rose 1.02 percent, or...
Canada to impose further Russia sanctions over Ukraine
OTTAWA, Canada–Canada’s prime minister on Monday announced further economic sanctions against Russian entities and individuals, calling the downing of flight MH17 a “direct product of Russia’s military aggression and illegal occupation” of Ukraine. Stephen Harper also called on Russian President Vladimir Putin to...
Obama urges immediate access to Ukraine crash site
WASHINGTON—President Barack Obama sternly called on Russian President Vladimir Putin to compel Kremlin-backed separatists to stop hampering the probe at the Ukraine site of a downed passenger jet and allow international investigators unfettered access. “We have to make sure the truth is out and accountability exists,” Obama said...
Asian shares mixed after MH17 losses
HONG KONG–Asian markets were mixed on Monday, as bargain-hunting was offset by lingering geopolitical concerns after last week’s downing of a Malaysian airliner in Ukraine. With traders still on edge after Thursday’s tragedy, which the United States has said was caused by pro-Russian rebels, the dollar retreated against the...
