Philippines Business News

Two TCLVs may develop in two weeks, one may enter PAR – PAGASA

Two tropical cyclone-like vortices (TCLVs) are forecast to develop over the next two weeks, one of which may…

Saudi capital’s airport to remain shut this week as airlines cancel services

AUTHORITIES have extended the closure of Riyadh’s international airport until Saturday and airlines scrapped flights after continuing attacks…

Hall, Woodford win Nobel prize for work on how to stabilize economies

STOCKHOLM — US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for…

Philippines’ FDI net inflows hit six-month high in July

By Katherine K. Chan, Reporter The Philippines posted the highest net inflows of foreign direct investments in six…

Hackers heat French supermarket fridges, sparking fires and spoiling food

PARIS — Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high…

Piolo Pascual Chooses MARSTEK Philippines for Smarter Energy at Home and on the Farm

For Filipino households and property owners, reliable electricity can mean different things depending on where and how they…

Scam or legit? Banks launch checker website, Google-backed game to learn

Even Google Philippines country manager Prep Palacios fell victim to a costly online scam: 'I'm a tech executive, and I was still fooled'

Bank earnings loom large; LVMH sales underwhelm - what’s moving markets

ENA, Australian Partners Expand Access to Trauma Nursing Education

Association partners with two companies to teach Trauma Nursing Core Course SCHAUMBURG, Ill., Oct. 13, 2026 /PRNewswire/ -- The Emergency Nurses Association has established two new education partners to expand opportunities for nurses in Australia to advance their training in providing care to trauma patients. Advanced Life Support Training and Coast Resuscitation Group have added ENA's Trauma Nursing Core Course to their education offerings for nurses, paramedics and other health care providers

Eco‑Tech For Our Future Life | 2026 CHERY International User Summit Set To Open

A showcase of the Group’s global reach, technological innovation, and sustainability initiatives WUHU, China, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Under the theme "Eco-Tech For Our Future Life,” the 2026 Chery International User Summit will take place in Wuhu from October 18 to 24. Against the backdrop of a rapidly evolving global automotive industry, the summit will showcase Chery Group’s global presence, technological breakthroughs, and sustainability initiatives. On October 21, LUXEED, the Group

Price Tracker: Oil, fuel monitor for October 13-19, 2026

Here are the estimated new prices of local oil and fuel products for October 13-19, 2026.

U.S. Treasury yields surge, putting a chain reaction in focus

‘Breaking Bad’ Actor RJ Mitte Dies at 34

LOS ANGELES — RJ Mitte, the young actor best known for playing Walter White Jr in the award-winning TV series "Breaking Bad," has died, his representatives told AFP on Monday. He was 34. The cause of death for the actor, who lived with cerebral palsy, was not immediately revealed. "It is with profound sadness that we share the tragic passing of beloved actor, philanthropist, and passionate disability rights advocate RJ Mitte," said a statement issued by Sean Reilly. A teenage Mitte first a

NexLife Announces October 2026 GLP-1 Price Index on Online Prices of Compounded Tirzepatide and Semaglutide

WILMINGTON, Del., Oct. 12, 2026 (GLOBE NEWSWIRE) -- NexLife announces a new report, the October 2026 NexLife GLP-1 Price Index, on the monthly prices of compounded tirzepatide and compounded semaglutide at online telehealth programs in the United States. This can be accessed in full here: https://nexlife.us/pages/glp-1-price-index The index records the all-in, month-to-month prices that 21 online telehealth programs publish on their own websites, checked on Oct. 7-8, 2026, and links each price t

Airbnb's Alex Bender Breaks Down the Fall Travel Trends Defining the Season and the New Features Making Every Trip Easier on YourUpdateTV

New Airbnb Features Let You See Recommendations from Friends and Family, Plan Trips and Compare Homes with AI, and Book Services Like Baby Gear and Laundry Right to Your Airbnb New Airbnb Features Let You See Recommendations from Friends and Family, Plan Trips and Compare Homes with AI, and Book Services Like Baby Gear and Laundry Right to Your Airbnb NEW YORK, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Americans aren't waiting for summer to travel. They're hitting the road this fall in record numbers. R

Teenager shoots headmaster, teacher at French school

AUBAGNE, France — A 14-year-old boy opened fire with a hunting gun at a middle school in France on Monday, wounding the headmaster and a teacher before being disarmed by a member of staff, local authorities said. The shooting took place at Joseph-Lakanal middle school in the southern town of Aubagne, near Marseille, where a third person was grazed by gunfire, police said. Authorities said there did not appear to be a link with high school protests that have rocked France in recent weeks. "

Lacson asks Padilla to clarify ‘disregard for law’ comment on Duterte trial

MANILA, Philippines — Senator-judge Panfilo “Ping” Lacson on Monday challenged fellow Senator-judge Robin Padilla to clarify whether his accusation of a “disregard for law” in the impeachment proceedings against Vice President Sara Duterte-Carpio was directed at the entire impeachment court or at specific members. Lacson said Padilla’s remark could be seen as a direct assault on the integrity of the entire impeachment court if he was referring to the body of w

Meta says its new AI models on par with OpenAI, Anthropic

SAN FRANCISCO, United States — Meta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the company claims perform at a level comparable to that of OpenAI's ChatGPT and Anthropic's Claude. "Muse Spark was our first family of models, and now Muse Wonder is a much larger and more advanced class of models that brings us to the frontier," CEO Mark Zuckerberg wrote on X. Zuckerberg has pushed Meta to compete with leading AI labs, particularl

DOLE: Regional conditions determine wage hikes

MANILA, Philippines — Wage increases vary across regions because wage boards consider local economic conditions, inflation and employers' capacity to pay, Labor Secretary Francis Tolentino said Monday. Tolentino said regional wage boards consult workers, employers and government representatives before deciding on adjustments, taking into account the economic conditions in each area. "In all provinces, there was a public hearing; the last one was in Lipa. Lucena was also included. There was

Teva to Host R&D Day on Wednesday, November 11 in New York City

TEL AVIV, Israel, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced that it will host an R&D Day on Wednesday, November 11, 2026. At the R&D Day, Teva’s leadership will discuss its R&D pipeline, its near-term value-creation potential over the next five years, and Teva’s ongoing transformation into an innovative biopharma company through the Pivot to Growth strategy. The event will take place in New York, N.Y. Presentations will begin at 8

Today's Weather, 5 A.M. | Oct. 13, 2026

Inseego Brings Flexible Multi-WAN Resilience to Wireless Broadband Offerings

Demonstrated on the Inseego Wavemaker FX4200 at Network X, the capability gives operators flexible connectivity and failover options at a price point suited to business and residential broadband offerings VIENNA, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) today introduced intelligent multi-WAN control software for its portfolio of SD-WAN appliances, making resilient connectivity across multiple broadband sources simpler and more accessible for operators and their customers. T

Sierra Dreams Makes Bedding Behave With a Patent-Pending System

The Align™ System connects sheets, duvet covers, and inserts to address the everyday frustrations traditional bedding leaves unsolved. RENO, Nev., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Sierra Dreams, a bedding innovation company founded by a team of entrepreneurs led by product developer Zach Osness, today announced the introduction of its patent pending Align™ System, a connected bedding solution designed to address everyday frustrations that traditional bedding has left unsolved for generations. W

HCLTech delivers strong Q2 led by record deal bookings of $3.3 billion

EBIT margin expands to 18.2%; annualized advanced AI revenue at $876M NEW YORK and NOIDA, India, Oct. 13, 2026 /PRNewswire/ -- HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, today reported financial results for the quarter ended September 30, 2026. USD revenue was at $3.7 billion, up 2.2% YoY, while revenue in constant currency (CC) grew 2.6% YoY. "We delivered a strong quarter with new bookings of $3.3 billion, up 27% YoY, taking first half bookings to a record high