Philippines Business News

World number one Sabalenka ousted in Toronto by Alexandrova

TORONTO — World number one Aryna Sabalenka was eliminated by Russian 16th seed Ekaterina Alexandrova on Saturday in a fourth-round match at the WTA Toronto Masters tournament. Alexandrova defeated the four-time Grand Slam winner from Belarus 7-6 (7/3), 4-6, 6-4 in 2hr 29min to book a berth in the quarter-finals. Sabalenka, who will seek her third consecutive US Open title next month, fell to 5-5 in her career WTA rivalry with Alexandrova, who will face either American eighth seed Amanda An

Wall Street week ahead: inflation, retail sales updates

NEW YORK — Reports on inflation and retail sales are the central updates for Wall Street this week. The reports help give investors and economists a better sense of where prices are moving on a wide range of goods and services, while also providing a clearer picture on the impact to businesses and households. On Wednesday, the U.S. will release its consumer price index, or CPI, for July. It is a detailed report on prices for a wide range of goods and services. Economists expect it to show

The 16th Worldwide Chinese Life Insurance Congress & 2026 International Dragon Award (IDA) Annual Conference Grandly Held

Over 10,000 financial insurance elites from around the world gathered in Hong Kong HONG KONG, Aug. 9, 2026 /PRNewswire/ -- From August 7 to 10, 2026, the 16th Worldwide Chinese Life Insurance Congress and the 2026 International Dragon Award (IDA) Annual Conference were grandly held in Hong Kong, the "Pearl of the Orient." At this joint event, over 10,000 financial insurance professionals from around the world-including senior executives of insurance companies, industry experts, and scholars-gath

Why the upcoming CPI report is a bigger event than last week’s jobs data

A drone likely from Ukraine explodes in Bulgaria near a gas pipeline

SOFIA, Bulgaria — A drone entered Bulgarian airspace on Saturday and exploded close to an international gas pipeline shortly after crossing the border from Romania. There were no casualties or damage. Drones straying into NATO airspace have not been uncommon since Russia's full-scale invasion of Ukraine. The defense ministry in Sofia, Bulgaria's capital, later said there were indications the drone was the kind used by Ukrainian armed forces and that the incident was likely accidental. Bulg

Agoda Shares Must-Visit Destinations in Asia for the Ultimate 'Glow-cation'

SINGAPORE, Aug. 9, 2026 /PRNewswire/ -- The 'glow-cation' trend is captivating travelers worldwide, offering a journey focused on beauty treatments and wellness experiences. Asia, with its unique style offerings and cutting-edge beauty innovations, stands out as a premier destination for those seeking to enhance their personal style and rejuvenate their appearance. Digital travel platform Agoda showcases some of Asia's most alluring style and wellness destinations, each promising a distinct beau

Another soggy week: Pagasa says more rain to soak Luzon

MANILA, Philippines — Many areas in Luzon, already soaked from more than a week of rain, will continue to be inundated by strong rain because of the southwest monsoon or habagat, the weather bureau said. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said that on Monday, heavy to intense rains are expected in La Union, Benguet, Zambales, Bataan, and Occidental Mindoro. Moderate to heavy rains will fall in Ilocos Norte, Abra, Kalinga, Mountain Prov

Former US president Biden's cancer has spread—son

WASHINGTON, United States — Former US president Joe Biden's cancer has metastasized further, according to his son Hunter Biden, who shared the update in a recent interview with the BBC. In May 2025, just four months after he left office as the oldest sitting president, the elder Biden revealed he had been diagnosed with an aggressive form of prostate cancer that had spread to his bones. He subsequently began treatment, including radiation and hormone therapy, which the 83-year-old describe

543 passengers, 179 rolling cargoes stranded due to southwest monsoon

MANILA, Philippines — The Philippine Coast Guard (PCG) monitored 28 ports in four regions where 543 passengers, truck drivers and cargo helpers, 179 rolling cargoes and 16 vessels were stranded early Sunday due to rough sea conditions brought by the southwest monsoon or habagat, intensified by Typhoon Dolphin. The PCG maritime safety advisory covered monitoring from midnight to 4 a.m. on Aug. 9, 2026, in Western Visayas, Bicol, Southern Tagalog and Central Visayas. In Western Visayas, the

Changhong Partners with Indonesian Pop Icon Rossa to Strengthen Its Presence in Indonesia

JAKARTA, Indonesia, Aug. 9, 2026 /PRNewswire/ -- On August 7, 2026, Changhong announced Indonesian pop icon Rossa (Sri Rossa Roslaina Handiyani)as its new Brand Ambassador. The collaboration marks another milestone in Changhong's efforts to expand its global brand presence while strengthening its localized operations in Indonesia and across Southeast Asia. Changhong Partners with Indonesian Pop Icon Rossa to Strengthen Its Presence in Indonesia As one of Southeast Asia's largest consumer markets

NFL legend Craig reveals dementia diagnosis at Hall of Fame induction

WASHINGTON, United States — Three-time Super Bowl champion running back Roger Craig revealed Saturday he has been diagnosed with vascular dementia during his induction ceremony speech into the American Pro Football Hall of Fame. The 66-year-old former rusher who helped the San Francisco 49ers win Super Bowls in 1985, 1989 and 1990 was enshrined at Canton, Ohio, alongside quarterback Drew Brees, wide receiver Larry Fitzgerald, linebacker Luke Kuechly and kicker Adam Vinatieri. "I have been

Parts of Metro Manila, Rizal, Cavite to have water interruptions due to maintenance work

MANILA, Philippines — Some areas in Metro Manila, Rizal and Cavite will have water interruptions this week because of maintenance work and facility limitations, Manila Water Company Inc. and Maynilad Water Services Inc. said on Sunday. Manila Water said that in Metro Manila, some locations in the villages of Maybunga and Rosario in Pasig City will have service interruptions on August 11-12 between 10 p.m. and 4 a.m. due to declogging work. Some parts of Barangay Santolan will have no water

Ukraine drone attacks put Russia’s Wildberries and banks under pressure

Today's Weather, 5 A.M. | Aug. 9, 2026

Dangerous wildfire keeps crews from reaching helicopter crash in Utah

A large Utah wildfire kept emergency responders from safely reaching the remote site of a helicopter crash on Saturday as other fires burned across several Western states, including one that closed part of Mount Rainier National Park. The Friday morning crash of a Sikorsky Skycrane helicopter in Utah's Fishlake National Forest ignited a new fire that spread to connect with the existing blaze that has now scorched nearly 174 square miles (nearly 451 square kilometers). Officials battling the fire

Humanoids are as much a compute story as a robotics one

ICE expects all field officers to have body cameras by the end of August

WASHINGTON — US Immigration and Customs Enforcement said Saturday it expects every officer and agent in the field to be equipped with a body camera by the end of August, a rapid expansion that could provide an unprecedented visual record of the federal government’s immigration enforcement operations. But whether the public will get to see that footage remains largely up to ICE. The agency defended its body-worn camera policy amid questions about provisions allowing ICE leadership to

ThinkCareBelieve: Week 81 of the Trump Administration: Welcome to The Golden Age

Week 81 of the Trump Administration has catapulted us to a roaring Golden Age. Washington, DC, Aug. 08, 2026 (GLOBE NEWSWIRE) -- ThinkCareBelieve announces a New Report on the events of Week81of 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/2026/08/08/week-81-of-the-trump-administration-welcome-to-the-golden

Metro Manila, six other areas remain on red rainfall warning

MANILA, Philippines — Metro Manila and other areas in Central and Southern Luzon remains in red rainfall warning on Saturday, according to Pagasa (Philippine Atmospheric, Geophysical, and Astronomical Services Administration). The rainfall warnings are due to the southwest monsoon that is being intensified by Typhoon Dolphin which is near the coast of Taiwan. In its 5 pm bulletin, the Red rainfall warning level has been decleared for Metro Manila, Bataan, Zambales, Batangas(Lobo, Rosario,

Fire at Saudi Aramco’s Jazan refinery extinguished, no injuries reported

Iran believes it has Trump cornered, but strategy carries risks

The Strait of Hormuz is, by some accounts, named for a Zoroastrian deity destined to emerge victorious after a 9,000-year standoff with an adversary. Iran's leaders feel their own victory is at hand and won't require the same epic patience. They are betting that military pressure will ultimately force the United States to accept their control over the crucial waterway for global energy — and that time is on their side. They know about the diminishing stockpiles of key U.S. weapons such as

SOUEAST S08 i-DM First Media Drive in Mexico Earns High Acclaim for Superior Comfort

Wuhu, Anhui, China, August 8, 2026 -- [Mexico City, Mexico, Aug 5, 2026] On August 5, SOUEAST held its first long-distance media test drive of the S08 i-DM in Mexico. More than 30 leading automotive media and KOLs took part and put the 7-Seat Urban SUV through its paces on the open road. Under the theme of “Home Beyond Home,” the test drive route took participants from downtown Mexico City to Valle de Bravo via the Mex A-7D highway, spanning more than 260km round trip. Through real-world driving

Don’t Trust the Process

Every summer, the NBA produces a shiny new superteam that sends fans racing to sportsbook apps and television executives scrambling to rewrite schedules. This year's winner? The Philadelphia 76ers. LeBron James is now in Philadelphia. Jaylen Brown has arrived. Tyrese Maxey is entering his prime. Joel Embiid looks slimmer, fitter and, according to social media, ready to "trust the process" all over again. The basketball world has responded the only way it knows how: by declaring the Sixers title

ROS, Phoenix dispute solo lead in Group B

MANILA, Philippines — Rain or Shine and Phoenix clash for the solo lead in Group B as action in the PBA Season 50 Governors’ Cup heats up on Sunday at the Ninoy Aquino Stadium. Both squads collide at 5:15 p.m. with the winner grabbing the solo lead at Group B in the standings as the positioning for the top 4 in the quarterfinals continues as well. The two protagonists enter the game carrying similar 4-2 records. The 7:30 p.m. main game features Barangay Ginebra and Blackwater. Phoeni