Philippines Business News

Michelin launches two new tire lines catering to gasoline, hybrid, and electric vehicles

Michelin has introduced the Primacy 5 Energy and Pilot Sport 5 Energy in Vietnam, combining performance, durability, and energy efficiency for a wide range of vehicles. HO CHI MINH CITY, Vietnam, Aug. 14, 2026 /PRNewswire/ -- Michelin has just unveiled two new tire lines: Primacy 5 Energy and Pilot Sport 5 Energy. The Primacy 5 Energy targets mass-market and family vehicles, while Pilot Sport 5 Energy is designed for high-performance cars. The company stated that these products were developed ag

EXLANTIX Becomes the First New‑Energy Sponsor of Pride of Poland, Bringing Modern Mobility Elegance to a Century-Old Stud Farm

JANÓW PODLASKI, Poland, Aug. 14, 2026 (GLOBE NEWSWIRE) -- From August 7 to 11, EXLANTIX, the new energy vehicle brand under EXEED, took part in the Arabian Horse Day in Janów Podlaski and the 57th Pride of Poland Auction as the exclusive automotive brand sponsor - the first time in the event's history that a new energy vehicle brand has assumed this role. Both the ES and ET models were displayed on site, with test drives available for guests. Through these hands-on product experiences, EXLANTIX

Correction to Company Announcement #47: Interim report - second quarter of 2026

Due to a technical error the attachment of the interim report was missing on Oslo Børs. It is hereby attached. --- Today, Schouw & Co. released its interim report for the second quarter of 2026; Schouw & Co. delivered a strong performance in Q2 2026, with higher activity levels, productivity improvements, and operational optimisation initiatives supporting significant earnings growth. Highlights DKK 9.0bn revenue - a 5% increaseDKK 828m EBITDA - a 17% increase47.3k tonnes Scope 1+2 CO2e emission

Envetec Appoints Patrick S. Jones as Independent Director

Senior Thermo Fisher Scientific executive brings nearly 30 years of healthcare and commercial leadership to support Envetec’s global expansion Patrick S. Jones Patrick S. Jones, President of Thermo Fisher Scientific’s Clinical Diagnostics Division and independent director of Envetec Sustainable Technologies BIRDHILL, Ireland, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Envetec Sustainable Technologies Limited (Envetec), a leading sustainability innovator in clean technology for healthcare and life science

Cambodia Government and Church Leaders Celebrate Opening of Phnom Penh Temple

PHNOM PENH, CAMBODIA - Media OutReach Newswire - 14 August 2026 - Cambodia officials and leaders of The Church of Jesus Christ of Latter-day Saints commemorated the completion of the Phnom Penh Cambodia Temple on Wednesday, 12 August 2026. A diverse group of government and interfaith leaders pose for a photo in front of the Phnom Penn Cambodia Temple on Wednesday, Aug. 12, 2026, during the temple's open house celebration, including Elder Gerrit W. Gong of the Quorum of the Twelve Apostles of The

Samsung Officially Launches Galaxy Z Fold8 Ultra, Fold8, Flip8, Watch Ultra2 and Watch9 in Australia

Galaxy Z Series and New Watches redefine foldable and wearable experiences, helping people explore, discover, and express their individuality SYDNEY, Aug. 14, 2026 /PRNewswire/ -- Samsung Electronics Co., Ltd. has announced that Galaxy Z Fold8, Galaxy Z Fold8 Ultra, Galaxy Z Flip8, Galaxy Watch9, and Galaxy Watch Ultra2 are now available in Australia. The local availability is live as Samsung Electronics Australia sets a new record - its most successful foldable pre-order to-date, with solid dou

LG to Unveil Its Next-Gen Humanoid Robot, Built on NVIDIA Isaac GR00T

LG and NVIDIA Collaboration Moves Beyond Strategic Blueprints into Execution SEOUL, South Korea, Aug. 14, 2026 /PRNewswire/ -- LG today announced they're developing a next-generation bipedal humanoid robot built using NVIDIA Isaac GR00T, NVIDIA's open reasoning humanoid foundation model, for a public unveiling in the first quarter of next year. LG Corp. Chairman and CEO Kwang Mo Koo (right) and NVIDIA founder and CEO Jensen Huang (left) shake hands at NVIDIA's headquarters in Santa Clara, Califo

SEMIFIVE Accelerates Growth with 97% YoY Revenue Surge in H1 2026, Powered by ASIC Turnkey, Mass Production, and IP

H1 bookings reach KRW 118.9 billion with revenue at KRW 94.7 billion, achieving 78% of full-year 2025 revenue in just six months Expanding ASIC turnkey bookings, accelerating mass production, and recurring IP revenue drive SEMIFIVE's scalable growthSEOUL, South Korea, Aug. 14, 2026 /PRNewswire/ -- SEMIFIVE, a leading global provider of custom AI semiconductor (ASIC) solutions, announced bookings of KRW 118.9 billion and consolidated revenue of KRW 94.7 billion for the first half of 2026. In just

Moka AI Reports 75% Reduction in Per-Store Time-to-Hire with Moka Eva Across 20,000-Location Network

One evaluation standard, applied the same way across more than 20,000 locations. SINGAPORE, Aug. 14, 2026 /PRNewswire/ -- Moka AI (formerly MokaHR), an AI-powered applicant tracking system (ATS) and recruiting platform, has released deployment results for Moka Eva, its AI recruiting agent. At a leading international coffee and tea chain with more than 20,000 locations, Moka Eva cut per-store time-to-hire from 15.4 to 3.8 days. The results come as HR leaders are increasingly looking for hard numb

Zoomcar Announces Voting Results from 2026 Annual Meeting of Stockholders

Bengaluru, India, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (OTCQB: ZCAR) (the "Company”), the leading peer-to-peer self-drive car-sharing marketplace in India, today announced the voting results from its 2026 Annual Meeting of Stockholders (the "Annual Meeting”), held virtually on August 11, 2026. As of the record date of June 26, 2026, 8,488,485 shares of the Company's common stock, par value $0.0001 per share ("Common Stock”), and 1,630 shares of the Company's Series A Converti

Former Better.com CEO Vishal Garg Retains Alex Spiro, Secures Majority Shareholder Support to Take Back Company He Founded

Garg proposes $1 salary until profitabilityInvesting $5M personally as part of 10b5-1 plan$30M stock buyback and independent search for long-term CEO as part of plan to restore shareholder value NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Vishal Garg, founder and former Chief Executive Officer of Better Home & Finance Holding Company, today announced that he has secured support from shareholders representing a majority of the Company’s voting power for a plan to reconstitute Better’s Board of Di

Elliott Management Statement on Northern Star Resources Ltd

WEST PALM BEACH, Fla., Aug. 14, 2026 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together hold an investment of approximately 5.6% in Northern Star Resources Ltd ("Northern Star" or the "Company"), today issued the following statement in response to the Company's announcements on August 13: Northern Star's August 13 letter asks investors to trust the very directors who presided over years of profound underperformance to oversee a Board "renewal" proce

James Altucher Says the Next Few Years of AI Could Decide Whose Retirement Savings Keep Up

Tech expert explains the AI shift underway is too big to ignore, and that understanding it now matters more than reacting later Baltimore, MD, Aug. 13, 2026 (GLOBE NEWSWIRE) -- James Altucher has a message for the millions of Americans watching the AI boom from a distance: this isn't happening to someone else. In a new presentation, the former hedge fund manager argues that the changes now reshaping technology are large enough to touch ordinary people's long-term savings, and that understanding

Madison Pacific Properties Inc. announces the results for the six months ended June 30, 2026 and declares dividend

VANCOUVER, British Columbia, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the six months ended June 30, 2026. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the six months ended June 30, 2026, the Company is reporting a net income of $16.0 million (six months ended June 30, 2025: $22.4 million); c

Osisko Gold Reports Second Quarter 2026 Results

(All dollar amounts are expressed in Canadian dollars, unless stated otherwise) HIGHLIGHTS Q2 2026 (at June 30, 2026) Financial: ~$837.3 million in cash and cash equivalents; sold 5,547 ounces of gold from small-scale mining activities at the Tintic ProjectFinancing: Completed convertible senior notes offering for US$300.0 million in gross proceedsCariboo Gold Project: Continued pre-construction activities including at the Mine Site Complex, excavation of the Valley Portal, and underground devel

Entrepreneur Universe Bright Group Reports Second Quarter 2026 Financial Results

XI'AN, China, Aug. 14, 2026 /PRNewswire/ -- Entrepreneur Universe Bright Group ("EUBG" or the "Company"), a Nevada corporation, reported its unaudited financial results for the period ended June 30, 2026. Second Quarter 2026 Financial Highlights Revenue: $746,113 for the three months ended June 30, 2026, compared to $1,143,106 during the same period of 2025.Net Loss: $34,495 for the three months ended June 30, 2026, compared to net income of $422,852 during the same period of 2025.Total Comprehe

Evolve Royalties Announces Results of Annual and Special Meeting of Shareholders

VANCOUVER, British Columbia, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Evolve Royalties Ltd. ("Evolve” or the "Company”) (CSE: EVR; OTCQX: EVRYF) is pleased to announce that at its annual and special meeting of shareholders held earlier today (the "Meeting”), Evolve’s shareholders elected Joseph de la Plante, Vincent Metcalfe, Elif Lévesque, Mathieu Gignac and Fraser Laschinger as directors of the Company. Following the Meeting, Evolve’s Board of Directors re-appointed Joseph de la Plante as President a

Silicon Motion Technology Corporation Announces Closing of Upsized Offering of $1,150,000,000 of 0.00% Convertible Senior Notes due 2031

Offering includes the exercise in full of the initial purchasers’ option to purchase an additional $150 million principal amount of Notes TAIPEI, Taiwan and MILPITAS, Calif., Aug. 14, 2026 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion” or the "Company”), a global leader in designing and marketing NAND flash controllers for solid-state storage devices ("SSDs”), today announced the closing of $1,150,000,000 aggregate principal amount of its 0.00% Conve

Atlas Energy Corp Reports Second Quarter 2026 Financial Results

CALGARY, Alberta, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Atlas Energy Corp. ("Atlas” or the "Company”) (TSXV: ATLE), a TSXV Sandbox issuer, is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. Selected financial and operational information is outlined below and should be read with Atlas’ consolidated financial statements and management’s discussion and analysis ("MD&A”) as of June 30, 2026, which are available on the Company’s SEDAR+ profile at

Agora, Inc. Reports Second Quarter 2026 Financial Results

SANTA CLARA, Calif., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the "Company”), a pioneer and leader in conversational AI and real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2026. "We are pleased to report another quarter of accelerating growth, driven by strength across both our real-time engagement and conversational AI businesses, and our seventh consecutive quarter of GAAP profitability,” said Tony Zhao,

Jackery Debuts Explorer 300D and Gives Attendees Exclusive Show Specials and a Chance to Win an Explorer 1500 Ultra and Antigravity A1 360 Drone System at National 4x4 Outdoors Show Melbourne

Bridging the gap between a standard power bank and a full-size power station, Jackery introduces the direct-DC Explorer 300D alongside its complete Australian ecosystem, plus show specials and a chance to win an Explorer 1500 Ultra and Antigravity A1 360 drone system, purpose-built for every stage of off-grid travel SYDNEY, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Jackery, a global leader in solar generators and innovative portable power solutions, today announced its largest Australian showcase to dat

Jackery and Insta360-Incubated Antigravity Bring Off-Grid Drone Power Solutions to Australia at National 4x4 Outdoors Show Melbourne

Jackery x Antigravity showcases a portable off-grid charging setup designed to help adventurers, road-trippers and content creators keep drone batteries and essential creator gear powered while capturing Australia’s vast landscapes SYDNEY, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Jackery, a global leader in solar generators and innovative portable power solutions, has announced a creator-focused collaboration with Antigravity, the Insta360-incubated drone brand behind the Antigravity A1, at the Nationa

Foods Connected Acquires HarvestMark Quality Insights Platform From iFoodDS

The acquisition demonstrates Foods Connected’s commitment to expanding quality and food safety capabilities in North America and Australia. DERRY/LONDONDERRY, Northern Ireland, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Foods Connected, the global food supply chain software platform for supplier compliance and quality inspection, today announced it has acquired HarvestMark Quality Insights, a food quality inspection and insights solution, from iFoodDS, a leading provider of food traceability solutions. T

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