Philippines Business News

Death toll in Zimbabwe ferry capsizing rises to 72 — police

HARARE, Zimbabwe — Authorities retrieved 25 bodies from Zimbabwe's Lake Kariba on Saturday to take the death toll from last week's ferry capsizing to 72, police said, as the search continued for victims. The overloaded passenger ferry run by the government's Rural Infrastructure Development Agency (RIDA) overturned in choppy waters on Tuesday in a rare accident on the vast lake on the border with Zambia. It is believed to be the country's deadliest such disaster. "The Kariba RIDA boat acci

Marcos orders probe of BARMM chief Macacua’s ambush — Lagdameo

MANILA, Philippines — Malacañang on Sunday called for calm and sobriety among the Bangsamoro people following the ambush on the convoy of Interim Chief Minister Abdulraof Macacua of the Bangsamoro Autonomous Region in Muslim Mindanao. Special Assistant to the President Anton Lagdameo Jr. said President Ferdinand Marcos Jr. has ordered law enforcement agencies to swiftly get to the bottom of the attack and hold those responsible accountable. Lagdameo said the President’s messag

Wildberries warehouse burns near Moscow as Russia strikes across Ukraine

ThinkCareBelieve: Week 82 of the Trump 2.0 Administration

A $20 Million Shock Glove Order will Help Ice Get the Job Done Washington, DC, Aug. 15, 2026 (GLOBE NEWSWIRE) -- ThinkCareBelieve announces a New Report on the events of Week82of the Trump Administration, part of a weekly series covering all the exciting achievements and events as they happened since President Trump took office in January 2025. The article can be accessed in full at https://thinkcarebelieve.blog/2026/08/15/week-82-of-the-trump-2-0-administration/ This article provides details an

HII’s Newport News Shipbuilding Completes Successful Acceptance Sea Trials of John F. Kennedy (CVN 79)

NEWPORT NEWS, Va., Aug. 15, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division has successfully completed acceptance sea trials of John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier. Kennedy returned to NNS after further testing and evaluation of important ship systems and components at sea. Earlier this year, Kennedy underwent successful builder’s sea trials. "It is an honor to take Kennedy to sea to

German investment in the U.S. drops to three-year low amid policy uncertainty

Rainforest summer retreat-- Discover a New Vacation Experience at Qixianling, Baoting, Hainan

BAOTING, China, Aug. 16, 2026 /PRNewswire/ -- A news report from People's Daily Digital Communication Boat‑shaped Houses at Qixianling National Hot‑Spring Forest Park, Baoting As a tropical island, Hainan boasts far more charm than its turquoise seas and silvery‑white beaches. Tucked away in central Hainan, Qixianling in Baoting delivers refreshing coolness from luxuriant primeval rainforests and restorative warmth from natural geothermal hot springs - a wonderful interplay of crispness and comf

Central bank market backstops risk fuelling leverage and future crises

China plans faster rollout of renewable-energy recycling rules - CCTV

Hate crime charges filed in Manhattan synagogue attack

NEW YORK — Hate crime charges have been filed against a man who disrupted Shabbat services in Manhattan's Central Synagogue and struck two people while being hustled outside Friday night. “As synagogue security was escorting him out, he struck a member of the congregation, damaged synagogue property, and then spit at and head-butted a member of the security team,” a statement from Police Commissioner Jessica Tisch said. A police sergeant working as a paid security detail at the

Today's Weather, 5 A.M. | Aug. 16, 2026

Digital Walker celebrates 20 years with ‘Walk Into the Future’

Digital Walker will celebrate its 20th anniversary with “Walk Into the Future: Digital Walker’s 20th Anniversary” from Aug. 20 to 23, 2026, at the Glorietta Palm Drive Activity Center. The anniversary celebration officially opens at 6 p.m. on Aug. 20, featuring interactive activities, exclusive anniversary offers, games, giveaways and raffle prizes worth up to ₱70,000. The event will mark Digital Walker’s 20 years of bringing technology and lifestyle products to Filipino

Forget SpaceX and Tesla. Elon Is Quietly Building Something Bigger Than Both. COMBINED?

A former hedge fund manager says Musk is creating an AI POWERHOUSE unlike anything the market has seen before. Washington, D.C., Aug. 15, 2026 (GLOBE NEWSWIRE) -- Most people still think of Elon Musk's businesses as a collection of separate companies, a car maker here, a rocket company there. In a new presentation, James Altucher argues that view is already out of date, and that Musk is quietly assembling something far larger than any one of them on its own. The former hedge fund manager's claim

3 arrested over Sta. Rosa ‘basketbrawl’

Three members of the same family are facing charges of serious physical injury before the National Bureau of Investigation (NBI), after mauling a man in Sta. Rosa, Laguna during a basketball game, according to documents from the agency. The victim, Ferlito Teves, had severe traumatic injuries to his right eye and surrounding area, after he was attacked by Redenly Batusin, Martin Batusin and Diether John Batusin while they were playing a basketball game last July 24. According to the complaint, t

Romania shoots down drone that breached its airspace

Ruse retires as Eala enters Cincinnati Open 3rd round

MANILA, Philippines — Filipino tennis ace Alex Eala walked over Romanian Elena-Gabriela Ruse who retired during their second-round (round of 64) clash in the WTA 1000 Cincinnati Open at the Tony Trabert Stadium 3 early Sunday in Manila. Eala held a 6-1, 3-0 lead before play was suspended due to inclement weather. The match did not require resumption as Ruse retired, enabling Eala's third-round entry. Ruse had taken a medical timeout before play was suspended, nursing her right foot. Eala t

Historic flooding prompts evacuations and water rescues in Indiana

More than 90 people and their pets were rescued Saturday as floodwaters rose along the White River in Indianapolis and authorities in central Indiana responded to what many described as historic flooding. The damage so far was concentrated along the river corridor from Hamilton County and into the northern Indianapolis suburbs. Farther east in Delaware County, sheriff deputies on Friday found the body of a 58-year-old woman who they believe died after trying to drive through floodwaters. Indiana

Lala strengthens into hurricane, bears down on Hawaii’s Big Island with heavy rain, winds

HONOLULU — Hurricane Lala formed Saturday on a path to make a rare landfall on Hawaii’s Big Island. The National Hurricane Center said Lala’s maximum sustained winds increased to 75 mph (120 kph), making it a Category 1 hurricane, and the eyewall was forecast to move over or near the island’s southern end by Saturday evening, lashing its worst winds at volcanic slopes thousands of feet above sea level. The Big Island has not experienced a direct hurricane landfall in 155

Chinese refiner Hengli accused of funding Iran through sanctioned oil purchases

The King Center and Divine Nine Launch Historic Fundraising Campaign to Preserve Critical History and Amplify Nonviolence365® Ahead of King100

D9Stronger D9 Stronger Together Campaign Graphic Atlanta, GA., Aug. 15, 2026 (GLOBE NEWSWIRE) -- The Martin Luther King, Jr. Center for Nonviolent Social Change, in partnership with the National Pan-Hellenic Council (NPHC), announced #D9StrongerTogether, a unified fundraising campaign mobilizing members of all nine historically Black Greek-letter organizations to preserve The King Center's critical history and archives, deepen its nonviolence education and training, and champion the Center's con

We Will Never See Another Westbrook

Russell Westbrook spent most of his NBA career doing something few athletes ever accomplish. He made people pick a side. You either loved him or couldn't stand him. To his admirers, he was the embodiment of competitive fire, a relentless force who attacked every possession as if the game depended on it. To his critics, he was the superstar who could never quite get out of his own way, a player whose flaws often appeared as dramatic as his strengths. In an era increasingly defined by efficiency,

Fires erupt across Kyiv after Russian missile strike, one injured

ATOM hits Marcos’ statements on ill-gotten wealth

MANILA, Philippines — The August Twenty One Movement (ATOM) on Saturday hit out at President Ferdinand Marcos Jr.’s denial of ill-gotten wealth involving his family. Marcos said in the luncheon hosted by the Foreign Correspondents Association of the Philippines (Focap) that their family’s assets were “not ill-gotten wealth”, echoing an interview with Australian journalist Sarah Ferguson in 2024, where he apparently stuttered. “But we, the August Twenty-One Mov

Michael Caridi and MAJIC Development Group Announce Active Acquisition Push in Harlem Amid Distressed Market Conditions

NEW YORK, Aug. 15, 2026 (GLOBE NEWSWIRE) -- Michael Caridi, Chairman of MAJIC Development Group LLC, announced today that the firm is actively pursuing acquisition opportunities in the Harlem real estate market, moving to capitalize on a growing inventory of distressed commercial and mixed-use properties created by the sustained high interest rate environment of the past several years. The announcement marks a deliberate return to a market where MAJIC built some of its most significant early cre