Philippines Business News

Greece wants deeper ties with both Israel and Arab countries, premier says

ATHENS, Greece — Greece will press ahead with its strategic defense cooperation with Israel but also wants to deepen relations with other states in the Middle East, Prime Minister Kyriakos Mitsotakis said Sunday. Greece-Israeli ties and defense, security and energy cooperation have become increasingly close over the past decade and Mitsotakis enjoys a friendly rapport with his counterpart, Benjamin Netanyahu. Shared concerns about Turkey have helped boost ties. The two countries signed a 3

Iran says it plans to announce a new 'exclusion zone' near the Strait of Hormuz

CAIRO — The new head of Iran's Supreme National Security Council on Sunday said Tehran plans to announce an "exclusion zone” outside the Strait of Hormuz aimed at vessels it believes are attempting to transit the waterway. Mohsen Rezaei's comments to Iran's state broadcaster came with few details, a day after the U.S. struck three Iranian oil tankers in response to Tehran launching ballistic missiles at U.S. warships. Experts called the launches a dangerous escalation after Iran&rsqu

Building collapse in New Delhi kills 1 and traps dozens of others

NEW DELHI — A building collapsed in New Delhi on Sunday, killing at least one person and trapping dozens of others, officials said. The five-story building, which housed a boys’ hostel, collapsed in Satya Niketan, a densely populated neighborhood known for its private student accommodations near a Delhi University campus. Fire officer Abhilash Malik said about 30 to 40 people remained trapped in the rubble. Lawmaker Anil Sharma said some people had been rescued and several others tra

Two-time defending champ Aryna Sabalenka beats Taylor Townsend to reach the US Open quarterfinals

NEW YORK — Solving some early struggles to hold serve, top-ranked Aryna Sabalenka overpowered Taylor Townsend on Sunday to reach the quarterfinals of the U.S. Open. Townsend broke Sabalenka three times in the two-time defending champion's first four service games as she looked to spring the upset. Sabalenka found a groove, regained her confidence and won 6-4, 6-3. “Basically, I was just trying to stay focused on myself and play not only point by point but ball by ball,” Sabalen

Top Tech Expert Says Artificial Intelligence Is Running Out of Power, and Elon Musk's Fix Is to Leave the Planet

In a new free presentation, James Altucher explains why he believes AI's real limit is energy, and why Musk's fix is to run it from space. Baltimore, MD, Sept. 06, 2026 (GLOBE NEWSWIRE) -- Artificial intelligence has a problem that gets far less attention than the technology itself, according to tech investor James Altucher. It needs power, and the world is running short of ways to supply it. In a newly released free presentation, Altucher argues that energy, not chips, is the real constraint ho

Ilagan Isabela tackles Valenzuela; Rizal, Quezon City picked over foes

MANILA, Philippines — The Ilagan Isabela Cowboys try to boost their bid for a top-four finish when they tangle with the Valenzuela City Darkhorse at 7 p.m. on Monday in the SportsPlus MPBL (Maharlika Pilipinas Basketball League) 2026 Season at the Paco Arena in Manila. The Cowboys tote a 13-win, 10-loss record, and a win over the Darkhorse will shove them ahead of the Meycauayan Marilao Gems (also 13-10) in the race for the fourth spot in the North division, which carries the homecourt adv

KALDVIK AS (KLDVK): Jellyfish event in Reyðarfjörður

Frøya, 6 September 2026 - Kaldvík AS ("Kaldvík” or the "Company”) has experienced a jellyfish event at its farming sites in Reyðarfjörður. The 2025 generation has experienced approximately 0.3 percentage points of additional mortality since Friday, 4 September, as a result of the event. As a precautionary measure, Kaldvík has initiated harvesting from selected cages to reduce the risk of further losses. The situation is currently stable and continues to be closely monitored. The 2026 generation,

F1 leader Kimi Antonelli wins Italian GP after epic charge from the back

MONZA, Italy — Kimi Antonelli took a big step to becoming the youngest champion in Formula 1 history with a fightback for the ages at his home grand prix on Sunday. Antonelli stormed to victory at the Italian Grand Prix, despite having started 19th on the grid. It took the Mercedes driver fewer than 17 laps to fight his way to the front. The rest of the race was spent tussling with teammate and title rival George Russell for the lead. Antonelli passed him for the final time with three laps

VITG Unveils Modern Managed Services and Managed Detection & Response as Part of a Broader AI and Cybersecurity Transformation across ANZ

SYDNEY, Sept. 7, 2026 /PRNewswire/ -- As organisations across Australia and New Zealand navigate the accelerating impact of artificial intelligence, increasingly sophisticated cyber threats, and growing governance requirements, Virtual IT Group (VITG) has announced the launch of Modern Managed Services (MMS) and Managed Detection & Response (MDR) , that are next-generation managed services and managed security offerings designed to help organisations remain secure, resilient and ready for what's

BSP could keep hiking despite risks to growth

THE Bangko Sentral ng Pilipinas (BSP) may have to further tighten policy to address peso and inflation pressures even if this weighs on economic growth, a Cabinet official said. “I’m sure they (BSP) are monitoring the situation. So if they need to tighten, they should tighten,” Socioeconomic Planning Secretary Arsenio Balisacan told reporters last week. “Because it’s true that they would have to, and I believe that they are acting in a way to address the volatility

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MoneySimpler Unveils BTC Contract Scheme Offering Bitcoin Holders Potential Daily Returns of Up to $8,400

NEW YORK, Sept. 06, 2026 (GLOBE NEWSWIRE) -- As Bitcoin holders explore new ways to put their digital assets to work, MoneySimpler has introduced a BTC contract strategy that combines AI-driven market analysis with automated trading, offering potential daily returns of up to $8,400 depending on the selected strategy, investment amount, and market conditions. Bitcoin continues to attract attention from investors worldwide. However, its price can fluctuate significantly in response to market liqui

One Overlooked Filing Will Turn Elon Musk's "Rocket Company" Into Something Else Entirely, Says James Altucher

In a new free presentation, the veteran investor explains how a single government document points to what Musk's satellites are really for, and it isn't rockets or internet. Washington, D.C., Sept. 06, 2026 (GLOBE NEWSWIRE) -- When legendary tech investor James Altucher describes the document at the heart of his new presentation, he says it gives him chills. The reason, in his view, is what it does to how anyone should understand Elon Musk's best-known space venture. In that single filing, Altuc

FDI World Dental Federation launches Generation Smile, the oral health movement for all

Generation Smile is a generation unlike any other. It isn't defined by the year you were born. It unites people of every age, background and culture around one shared purpose: making oral health a priority because it is essential to health and well-being - for everyone, everywhere. - Picture is available at AP - PRAGUE, Sept. 6, 2026 /PRNewswire/ -- Today, at the FDI World Dental Congress in Prague, FDI World Dental Federation (FDI) officially unveiled Generation Smile - the oral health movement

Multispectral Vision and Edge AI Drive Solid Post-IPO Momentum for HQVT (01392.HK)

HONG KONG SAR - Media OutReach Newswire - 6 September 2026 - Shenzhen HQVT Technology Co., Ltd. (01392.HK), a prominent leader in China's multispectral artificial intelligence sector, has published its interim financial results for the six months ended June 30, 2026. Marking the company's inaugural operational scorecard following its listing on the Main Board of the Stock Exchange of Hong Kong on June 22, 2026, the interim report confirms accelerating commercial momentum across its core product

PLDT outlasts Creamline, sends Nxled to PVL finals

MANILA, Philippines — PLDT High Speed Hitters ended Creamline Cool Smashers’ hopes of reaching the 2026 Premier Volleyball League (PVL) Invitational finals, while Nxled secured a championship berth following a thrilling five-set showdown on Sunday night at the Araneta Coliseum. PLDT outlasted Creamline, 25-17, 23-25, 21-25, 25-23, 15-12, in a tightly contested match that ultimately allowed Nxled to advance to the finals on set-point ratio. Savi Davison delivered a career-best 37 poin

SayRose Redefines Lifestyle Tech at IFA 2026

From Functional Devices to Expressive Gifts: SayRose Brings Design · Emotion · Gift to Everyday Technology BERLIN, Sept. 06, 2026 (GLOBE NEWSWIRE) -- At IFA 2026, SayRose presents a different perspective on consumer electronics: technology should not only work reliably-it should also look appealing, bring joy, and be gift-worthy. Under its brand philosophy of Design · Emotion · Gift, SayRose showcases its latest lifestyle technology portfolio-from audio products and portable charging solutions t

'The flood is coming': How a Nepal principal saved 900 students

NUWAKOT, Nepal — Rajendra Dawadi was inside his school near Nepal's Trishuli River with around 900 students last week when a colleague delivered an urgent warning. "My accountant came to the school and said, 'The flood is coming, the flood is coming'," the school principal told AFP in a recent interview. Dawadi quickly ordered an evacuation, and teachers hurried hundreds of students from classrooms to higher ground. Minutes later, the 47-year-old watched the Trishuli Bazaar Secondary Schoo

China Xplained | The China Squeeze, or the China Opportunity?

GUANGZHOU, China, Sept. 6, 2026 /PRNewswire/ -- This is a news report from South: Is China's manufacturing rise squeezing out or creating opportunities for other economies? Ahead of the 2026 APEC Economic Leaders' Meeting in China this November, journalists and experts from around the world gathered in Guangdong for the Asia-Pacific Media Forum (APMF) 2026. The forum opened in Shenzhen on September 5, bringing together more than 400 representatives from across the Asia-Pacific region, as well as

'Like a jewel': Japan's luxury ice revered by bars worldwide

KANAZAWA, Japan — In the historic Japanese city of Kanazawa, craftsmen painstakingly shape and slice blocks of ice destined to chill negronis in some of the world's trendiest bars. The men work for Kuramoto Ice, a century-old company in Ishikawa on the Sea of Japan coast and one of dozens of Japanese firms producing ultra-clear, premium ice. This luxury product, believed by those in the industry to melt more slowly than regular blocks, is a staple of Japan's cocktail culture. But its popul

Asia-Pacific Media Forum held in China's Guangdong

SHENZHEN, China, Sept. 6, 2026 /PRNewswire/ -- A news report from Xinhuanet: The Asia-Pacific Media Forum opened on Saturday in Shenzhen, south China's Guangdong Province, with the theme of "Building a Path to Shared Prosperity for the Asia-Pacific Community: Media Consensus and Action." Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, attended the forum and delivered a keynote s

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Luzon, Visayas to have more scattered rains and thunderstorms — Pagasa

MANILA, Philippines — The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said most of Luzon and Visayas will have cloudy skies with scattered rains and thunderstorms on Monday because of the southwest monsoon. "On our weather condition tomorrow, Monday, the southwest monsoon will bring rains for most of Luzon and Visayas," weather specialist Grace Castañeda-Carpio said on Sunday. She said occasional rains will continue in Zambales, Bataan, Bata