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Spain looking into possible lab leak angle after outbreak of swine fever

December 08, 2025

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Business World Philippines

— The Catalonia regional government said it will investigate a research center outside Barcelona after Spain’s

Spain looking into possible lab leak angle after outbreak of swine fever

Agriculture Ministry announced that recent swine fever outbreak could have been caused by a laboratory leak.

Spain, the European Union’s (EU) top pork producer, is trying to reassure trading partners after 13 wild boars tested positive for the virus in hills outside the city. The disease is harmless to humans but can be deadly for pigs and wild boars.

Genome sequencing by a Madrid lab showed the strain was “very similar” to one first detected in Georgia in 2007 and now widely used in research and vaccine development, the ministry said. Other cases in Europe belong to a different genetic group.

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Business World Philippines

Meralco lowers rates by 36 centavos/kWh in December

RESIDENTIAL CUSTOMERS of Manila Electric Co. (Meralco) may see slightly lower bills this month as the power distributor cuts electricity rates due to lower transmission and generation charges.

time to read

2 mins

December 10, 2025

Business World Philippines

Peso falls to new low of P59.22 vs $1

THE PESO sank to a new all-time low on Tuesday to join most regional currencies’ decline against the US dollar on cautiousness before the US Federal Reserve's policy meeting, with bets on a rate cut by the Bangko Sentral ng Pilipinas (BSP) also affecting sentiment.

time to read

2 mins

December 10, 2025

Business World Philippines

US DoJ accuses 2 Chinese men of trying to smuggle Nvidia chips

Two Chinese men are in custody for allegedly smuggling Nvidia H100 and H200 chips to China, the US Justice department said on Monday, as President Donald J. Trump gave the green light for Nvidia to export its H200 chips to Beijing.

time to read

2 mins

December 10, 2025

Business World Philippines

DFNN board OKs P1.5-B capital stock hike plan to strengthen balance sheet

LISTED gaming technology provider DFNN, Inc. said its. board of directors has approved an increase in the company's authorized capital stock to P2 billion from P500 million, subject to the approval of stockholders.

time to read

1 mins

December 10, 2025

Business World Philippines

Building mini dams all over

After obtaining my Ph.D. in Economics at Harvard University in September 1963, I decided to accept the offer from the newly established IESE Business School in Barcelona, Spain to help in the writing of cases patterned after the Harvard Business School (HBS) model.

time to read

5 mins

December 10, 2025

Business World Philippines

Business World Philippines

BIS raises concerns of gold and stocks double bubble

The combination of gold and share prices soaring in unison is a phenomenon not seen in at least half a century and raises questions of a potential bubble in both, global central bank umbrella body, the Bank for International Settlements (BIS), says.

time to read

1 min

December 10, 2025

Business World Philippines

Ginebra eyes Top Four slot against free-falling Blackwater Bossing

GILAS PILIPINAS head coach Tim Cone and the rest of his troops return to home base as Barangay Ginebra tries to shore up its playoff push in a shaky campaign so far in the PBA Season 50 Philippine Cup on Wednesday at the Ynares Sports Center in Antipolo.

time to read

1 mins

December 10, 2025

Business World Philippines

Business World Philippines

WB sees gradual Philippine recovery

THE WORLD BANK (WB) sees a gradual recovery for the Philippines in 2026 and 2027, after growth slowed this year due to weaker investment and sluggish consumption, compounded by a corruption scandal and a string of natural disasters.

time to read

4 mins

December 10, 2025

Business World Philippines

PSE index inches up before central bank meetings

THE MAIN INDEX inched up on Tuesday on last-minute buying, with the market in a mostly guarded mood before the policy meetings of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

time to read

2 mins

December 10, 2025

Business World Philippines

Banks’ loans to MSMEs rise as of Sept.

PHILIPPINE BANKS extended more loans to micro, small and medium enterprises (MSMEs) at end-September.

time to read

2 mins

December 10, 2025

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