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AS IT HAPPENS

13 minutes ago

The Holy See press service says the Vatican website was inaccessible Wednesday evening, in a suspected cyberattack that the Ukrainian ambassador blamed on Russia. "Technical investigations were ongoing (at the end of the day) because of abnormal attempts to access the website," Vatican spokesman Matteo Bruni says. On Wednesday afternoon, several Vatican sites were offline for several hours and the official website, vatican.va, was still inaccessible in the evening. — AFP 

1 hour ago

Former FTX Chief Executive Sam Bankman-Fried apologizes for a "lot of mistakes" in the abrupt collapse of the cryptocurrency firm and says he did not knowingly behave fraudulently. "I didn't ever try to commit fraud on anyone," Bankman-Fried tells the Dealbook conference hosted by CNBC and The New York Times. "I'm deeply sorry about what happened," Bankman-Fried says. "Clearly I made a lot of mistakes or things I would be able to give anything to be able to do over again." — AFP

1 hour ago

President Ferdinand Marcos Jr. says the Philippines is close to lowering the base rice prices to P20 per kilo. "Palapit na nang palapit tayo sa presyong aking pinapangarap," Marcos says. He mentions that rice can be bought for P25 per kilo at the Kadiwa outlets in Quezon City. — The STAR/Alexis Romero

2 hours ago

Europe's top official for enforcing digital regulation warns Twitter boss Elon Musk hat he must do more to fight disinformation in order to comply with EU law. The EU commissioner for the internal market, Thierry Breton, holds a video call with Musk and tells him "there is still huge work ahead" to bring the platform in line with Brussels' rules, according to an account of the call released to reporters. — AFP

4 hours ago

Mexico suffers an agonizing exit from the World Cup on goal difference despite beating Saudi Arabia 2-1 in a dramatic finale to Group C. Second-half goals from Henry Martin and Luis Chavez secured victory for Mexico at Lusail Stadium but they finished third behind Poland after Salem Al-Dawsari's late strike. Mexico desperately pushed for a third goal in an effort to improve their goal difference as they faced elimination on FIFA fair play rules but they fell short. — AFP

17 hours ago

EU chief Ursula von der Leyen on Wednesday floats the idea of a "specialized court" to put Russia's top officials on trial for the war in Ukraine. "While continuing to support the International Criminal Court, we are proposing to set up a specialised court backed by the United Nations to investigate and prosecute Russia's crime of aggression," she says in a video statement. -- AFP

18 hours ago

La Salle's stays alive with a 77-72 comeback win over UST in UAAP's men's basketball. The Green Archers finish elims at 7-7, needing an Adamson later today to forge a playoff for No. 4. Adamson is at 7-6 pending its last match against Ateneo, which is gunning for No. 1 seed. — The STAR/John Bryan Ulanday

19 hours ago

Ilocos Norte Gov. Matthew Marcos Manotoc is seeking mining firms to invest in the northern province. Manotoc with the Provincial Government’s Trade and Investment Promotions Center (INvest Office) participated in recently held 68th Annual National Mining Safety and Environment Conference (ANMSEC) from November 15 to 18, 2022. In his meeting with mining companies and stakeholders, Gov. Manotoc encouraged local and global investors in the sustainable mining sector to help establish the mining industry in his province. — The STAR/Artemio Dumlao

19 hours ago

Markets rise Wednesday on hopes that China will further ease its strict Covid containment measures following widespread protests, though gains were tempered by leaders' warnings of a crackdown on dissent. Traders are also nervously awaiting a key policy speech by Federal Reserve chief Jerome Powell later in the day that could outline the bank's strategy for tackling inflation in light of a recent slowdown in price gains. A spectacular rally in Hong Kong on Tuesday led gains across Asia as investors looked past weekend demonstrations in China after officials announced moves aimed at softening the zero-COVID strategy. — AFP

20 hours ago

Swiss forest ranger Francois Villard fears the tree will not withstand global warming and live to a ripe old age like its ancestors. The Risoud Forest, covering the border between France and Switzerland some 1,200 meters (3,900 feet) up in the Jura mountains, is filled with spruce trees which are hundreds of years old. Their wood is perfect for crafting acoustic guitars, violins and other string instruments, making it sought after by luthiers around the world. — AFP

21 hours ago

Baguio City Mayor Benjamin Magalong says the first week of the resumption of the Loakan Airport is now fully-booked. Magalong says that most of the visitors who will be travelling to the city are from Cebu City. Many Baguio residents also want to visit Cebu City, the mayor adds. — The STAR/Artemio Dumlao

22 hours ago

Official data show China's factory activity shrank for a second straight month in November, as large swathes of the country were hit by COVID-19 lockdowns and transport disruptions. The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 48.0, down from October's 49.2 and well below the 50-point mark separating growth from contraction, according to data from the National Bureau of Statistics (NBS). China is the last major economy welded to a zero-COVID strategy of eliminating outbreaks with strict quarantines and mass testing even as infections reached record highs this month, dragging down demand and business confidence. — AFP

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