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Oil prices tumbled on Wednesday and global stock markets rallied after the US and Iran agreed a two-week conditional ceasefire.

Investors welcomed the news that Donald Trump had held off on his threat to bomb Iran into “the stone ages”, while Iran’s foreign minister, Abbas Araghchi, said passage through the strait of Hormuz would be allowed for the next two weeks under the management of Iran’s military. Wall Street recorded its biggest single-day rally in a year.

MANILA, Philippines — The camp of former Senator Ramon “Bong” Revilla Jr. on Tuesday said no documents link him to the alleged ghost flood control project in Pandi, Bulacan, which a National Bureau of Investigation (NBI) agent said was declared nearly complete in just 21 days.

Vice President Sara Duterte attended the Foundation Day and Rambakan Festival in Lamut, Ifugao on Monday, April 6, 2026.
The municipality declared Duterte as adopted daughter of Lamut.

MANILA, Philippines — At least 11,056 licensed teachers have transitioned from overseas employment back into Philippine public school classrooms, the Department of Education (DepEd) said.

Block today unveiled Managerbot, a new AI agent embedded in the Square platform that proactively monitors a seller’s business, identifies emerging problems, and proposes actionable solutions — without the seller ever having to ask a question. The product marks the most tangible manifestation of CEO Jack Dorsey’s controversial bet that artificial intelligence can fundamentally reshape how his company operates, builds products, and serves the millions of small businesses that depend on Square to run day-to-day commerce.

This summer’s Wireless Festival has been cancelled after headliner Kanye West was blocked from coming to the UK.

The government refused permission for West, now known as Ye, to travel to the UK after backlash to his planned set at the London festival this summer.

Iranians formed human chains across bridges and in front of power plants across the country to protest Donald Trump’s threat to target civilian infrastructure and send Iran back to the “Stone Age”.

MANILA, Philippines — Malacañang said it is up to the Office of the Ombudsman and the Department of Justice (DOJ) to decide whether or not they would release to the public the final report of the Independent Commission for Infrastructure (ICI).

The panel was created by President Ferdinand Marcos Jr. to investigate anomalous flood control and infrastructure projects in the past 10 years.

The House justice panel on Monday sought the testimony of Ombudsman Jesus Crispin Remulla for the ongoing impeachment hearing against Vice President Sara Duterte, specifically about her Statement of Assets, Liabilities and Net Worth.

In a subpoena ad testificandum et duces tecum, the House justice panel chaired by Batangas Second District Rep. Gerville Luistro, directed Remulla to appear before the committee on April 14, 10 a.m., at the House of Representatives in Quezon City.

MANILA, Philippines — The Philippines ranked No. 1 globally as an outsourcing destination in a global index, edging out traditional leader India on the strength of cost competitiveness, English proficiency and workforce capability.

On the latest Ataraxis Global Outsourcing Talent Index, the Philippines earned a score of 90.65, ahead of Malaysia and India, which rank second and third, respectively.