Philippines Business News
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4656 articles from Manila Times Business
US Fed raises rates to tackle 'too high' inflation, irking Trump
WASHINGTON, United States — The US Federal Reserve on Wednesday raised interest rates for the first time since 2023, defying President Donald Trump's demand for cuts, as central bank chief Kevin Warsh stressed the need to combat inflation that has been "too high" for "too long." The Fed's Federal Open Market Committee voted unanimously to raise rates by 25 basis points to between 3.75 and 4.00 percent. "The plain fact is that inflation is too high, and has been for too long," Warsh told a
Read more →WHO eyes 'encouraging' signs in DRC fight against Ebola
GENEVA, Switzerland — The Ebola epidemic in the Democratic Republic of the Congo is still spreading but appears to be showing "encouraging" signs of improvement, the head of the World Health Organization said on Wednesday. "We are starting to see encouraging signs that we're gaining ground," Tedros Adhanom Ghebreyesus told a news conference in Geneva. Since the DRC declared its 17th Ebola outbreak in mid-May, more than 3,500 deaths have been recorded from over 7,200 cases to date across se
Read more →Kymeta Kestrel u5 Terminal Achieves Full Rail Certification Ahead of European Rollout
Kymeta Kestrel u5 Kymeta's Kestrel u5 satellite terminal receives TÜV rail certification, paving way for European rollout to trains for high-speed connectivity. Kestrel u5 terminal receives full certification from TÜV, the EU’s official notified body for the rail industry SATCOM terminal declared fit for rail following rigorous testing of its ruggedized casing, rapid water shedding and high IP rating REDMOND, Wash., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Kymeta, the world-leading flat-panel satellit
Read more →Nokia accelerates network automation through agentic, unified data foundation with Microsoft
Nokia accelerates network automation through agentic, unified data foundation with Microsoft Multi-vendor, cross-domain solution integrates Nokia Data Suite with Microsoft Fabric.Faster access to trusted, unified data allows telecom providers to scale autonomous, AI-driven operations.Initial use cases focus on RAN optimization through autonomous VoNR assurance and geo-experience, which correlates subscriber, network and RF data.Collaboration enables intelligent, agent-based solutions across the
Read more →Last day to subscribe for AS Pro Kapital Grupp bonds is tomorrow
AS Pro Kapital Grupp reminds investors that investors in Estonia, Latvia and Lithuania can subscribe for the bonds of AS Pro Kapital Grupp until 18 September 2026 at 15:30 (Estonian local time). As part of the offer, Pro Kapital is offering bonds to retail and institutional investors in an aggregate amount of up to EUR 6 million, with the right to increase the issue up to EUR 10 million. The nominal value of one bond is EUR 1,000. The bonds carry a fixed interest rate of 8.3% per annum, payable
Read more →GXO and Exotec Partner To Advance Fashion Fulfillment For Guess In The Netherlands
A fully integrated Skypod® system processes up to 70,000 pieces per day, increasing throughput capacity and enabling GXO to scale operations for Guess across EMEA and Asia. WASQUEHAL, France and EINDHOVEN, Netherlands, Sept. 17, 2026 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, and Exotec, a global warehouse robotics provider, today announced the successful deployment of the Exotec Skypod® System at GXO's Venlo facility supportin
Read more →Velian Partners with AMPECO to Power a New Era of EV Charging in the Netherlands
Velian x AMPECO Velian Partners with AMPECO to Power a New Era of EV Charging in the Netherlands The Dutch operator runs one of the country's largest AC charging networks and finances it itself. It is consolidating onto AMPECO and taking direct control of its roaming, its connectivity, and its customer relationships. Dordrecht, The Netherlands - September 17, 2026 - Velian, which operates over 33,000 charge points across the Netherlands, has partnered with AMPECO to run a core and growing share
Read more →Daiwa House to Acquire a Significant Minority Stake in Miller Homes from Apollo Funds
Strategic investment by a global construction and real estate partner to support continued growth of leading UK housebuilder NEW YORK and OSAKA, Japan, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds ("Apollo Funds”) have agreed to sell an approximately 30% minority stake in Miller Homes ("Miller Homes” or the "Company”) to Daiwa House (TSE: 1925). Apollo Funds will remain the controlling shareholder in the Company. Established in 1934, Miller Home
Read more →TMGM Strengthens Support for Para Sport Development in Vanuatu
SYDNEY, Sept. 17, 2026 /PRNewswire/ -- TMGM is strengthening its support for para sport in Vanuatu through a three-year partnership with the Vanuatu Paralympic Committee (VPC), supporting initiatives that expand participation and create development pathways for people with disabilities. The partnership was recently marked at the Vanuatu National Games para-sport awards ceremony on 9 September, where Prime Minister Jotham Napat joined the sporting community in recognising the achievements of part
Read more →Devexperts Brings US Equity Markets Access to Brokers in South Korea
SEOUL, South Korea, Sept. 17, 2026 /PRNewswire/ -- Devexperts, the global software developer for the capital markets, has announced that it is now delivering access to US equity markets for brokers in South Korea, via a single, turnkey solution complete with a front-end trading platform, integrated market data feeds, and full execution services. The solution is powered by Devexperts' flagship, off-the-shelf trading platform, DXtrade. It features an end-to-end US equities trading software stack,
Read more →BlitzReels Announces AI Clipping Workflow That Turns Business Expertise Into Polished, Editable Short Videos
BlitzReels is announcing an AI clipping workflow that transforms podcasts, webinars and B2B recordings into polished short videos while giving businesses control over the final edit. Strasbourg, Grand Est, France, September 16, 2026 -- BlitzReels today announced its AI clipping workflow for businesses seeking to turn long-form expertise into focused, editable short videos. The workflow identifies compelling passages from podcasts, webinars and B2B recordings, then helps shape them into clips int
Read more →Barca hit Racing for seven as Atletico crush Osasuna
BARCELONA — Raphinha scored a hat-trick as La Liga leaders Barcelona ripped Racing Santander to shreds in a spectacular 7-2 triumph on Wednesday. Atletico Madrid thrashed Osasuna 4-0 to build form and confidence ahead of Sunday's derby clash against Real Madrid. Levante's match against Athletic Bilbao was postponed shortly before it was due to kick off because of heavy rain and a waterlogged pitch in Valencia. On Tuesday Real Madrid had pulled level with Barcelona after a 3-2 win at Elche,
Read more →DSCP Smart Fulfillment Reports Peak Fees Ignore 3PL Warehouse Zones
New Brunswick, NJ, Sept. 16, 2026 (GLOBE NEWSWIRE) -- New Brunswick, NJ - September 16, 2026 - UPS and FedEx have published their 2026 holiday demand surcharge schedules, and the tables show that the fees apply flat per package regardless of shipping distance. That detail contradicts the common assumption that moving inventory closer to customers reduces peak season fees, according to DSCP Smart Fulfillment, a third-party logistics and e-commerce fulfillment company. UPS applies demand surcharge
Read more →Computer Modelling Group Ltd. Announces Exemptive Relief Obtained in Connection with Its Substantial Issuer Bid
CALGARY, Alberta, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. ("CMG” or the "Company”) (TSX: CMG) is pleased to announce that, in connection with its ongoing substantial issuer bid (the "SIB”) to purchase for cancellation up to C$20,000,000 in value of its common shares (the "Shares”), the Alberta Securities Commission, as CMG’s principal regulator, has granted an exemptive relief order exempting CMG from complying with certain extension take up, proportionate take up and re
Read more →Boeing CEO hopes to avert another damaging strike
NEW YORK, United States — Despite efforts to avoid a labor strike this fall, Boeing's CEO warned Wednesday that a stoppage would halt key plane certification efforts and dent production. "We're working very hard to try to avoid that kind of a work stoppage," Boeing Chief Executive Kelly Ortberg said of negotiations with the Society of Professional Engineering Employees in Aerospace, or SPEEA. "The impact would be significant if we did have a strike," Ortberg said. "Essentially, 777X certif
Read more →Former Brazil president Jose Sarney, 96, discharged from hospital
BRASILIA — Brazil's first civilian president after military rule, Jose Sarney, 96, was discharged from hospital Wednesday after a short stay with pneumonia. Sarney, who was admitted to hospital on Sunday with the respiratory infection, will continue receiving home-care, the UDI Hospital in the northern city of Sao Luis said in a statement. A lawyer, politician, and writer, Sarney became president in tragic circumstances and served from 1985 to 1990. He was supposed to be vice president und
Read more →AdCare Hospital Promotes Lilly Cabral to Role of Clinical Director
Lilly Cabral, LADC-I Clinical Director for Adcare Hospital's Foundations Unit WORCESTER, Mass., Sept. 16, 2026 (GLOBE NEWSWIRE) -- AdCare Hospital, a leading provider of medical detox and addiction treatment services in Worcester, MA, has appointed Lilly Cabral, M.A., LADC-I, as the Clinical Director for Foundations, the Massachusetts treatment center’s new men’s unit that opened in September of 2026. This unit offers additional detox and treatment support for patients who need help but do not m
Read more →Willog Launches Integrated Supply Chain Solution 'Willog Vision,' Connecting Record, Response, Prove, and Compensation as One
Integrates four modules (AIoT devices, monitoring, AI risk management, and insurance) into a single platform spanning every stage from shipment to arrivalOne-stop process: instant alerts when anomalies occur, automatic compliance reports generated in 3 minutes, and insurance payoutsTOKYO and SINGAPORE and LOS ANGELES, Sept. 17, 2026 /PRNewswire/ -- Willog (Co-CEOs Sung-hoon Bae and Ji-hyun Yoon), an AIoT-based supply chain intelligence solutions company, announced the official launch of its inte
Read more →Osisko Critical Minerals Corporation Announces C$100 Million Private Placement of Special Warrants
Gross Proceeds of $100,000,000 to Fund Exploration and Development of New Brunswick Properties Special Warrants Priced at $0.25 per Special Warrant Canaccord Genuity to Act as Lead Agent and Sole Bookrunner TORONTO, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Osisko Critical Minerals Corporation ("OCMC" or the "Corporation"), a newly incorporated entity and a wholly-owned subsidiary of Osisko Metals Incorporated ("Osisko Metals") (TSX: OM; OTCQX: OMZNF; FRANKFURT: 0B51), is pleased to announce a best eff
Read more →Swiss Water Announces $6.2 Million Capital Investment to Expand Production Capacity
VANCOUVER, British Columbia, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX:SWP) ("Swiss Water” or "the Company”) today announced it will invest $6.2 million to expand production capacity at its Delta, BC facility. The investment will increase production volume by 15% from its current maximum capacity. Construction is expected to commence in Q1 2027 with no disruption to existing operations. The expansion is scheduled to be completed by June 2027 and operating comm
Read more →UPDATE - Major expansion of Ashland Sawmill announced
New Markets investments support modernization project that will double annual production capacity and strengthen the regional economy Major expansion of Ashland Sawmill announced Major expansion of Ashland Sawmill announced ASHLAND, Maine, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Irving Forest Products, Inc., a subsidiary of J.D. Irving, Limited, is undertaking a modernization project to expand its Ashland Sawmill in Nashville Plantation, Maine. The project will increase production while building on t
Read more →COSCIENS COMPLETES SECOND TRANCHE OF CONVERTIBLE DEBENTURE OFFERING
TORONTO, ONTARIO, Sept. 16, 2026 (GLOBE NEWSWIRE) -- COSCIENS Biopharma Inc. (TSX: CSCI) (OTCQB: CSCIF) ("COSCIENS” or the "Company”) is pleased to announce, further to the press release dated September 10, 2026, the closing of the second tranche of a non-brokered private placement of the 15% unsecured convertible debentures (the "Offering”). In the second tranche of the Offering, the Company issued additional unsecured convertible debentures (the "Debentures”) in an aggregate principal amount o
Read more →Carbon Capture Canada 2026 brings global leaders together to advance Canada’s carbon capture opportunities
Two days of collaboration, innovation and critical conversations reinforce the importance of turning policy into execution EDMONTON, Alberta, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Carbon Capture Canada 2026 wrapped up today at the Edmonton Convention Centre, bringing together thousands of attendees including government officials, industry leaders, investors, innovators and technology experts from around the world to advance carbon capture, utilization and storage (CCUS). "Carbon Capture Canada 2026
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