Philippines Business News

Teen pleads guilty to murder in a 2024 shooting that left 4 dead at Georgia's Apalachee High School

WINDER — A teenager has pleaded guilty to all 55 counts, including murder, in a shooting nearly two years ago at Apalachee High School in Georgia that killed two students and two teachers. Colt Gray, 16, entered the plea Friday without having reached a deal with prosecutors. The Sept. 4, 2024, shooting also left several others wounded at the school of 1,900 students about 45 miles (73 kilometers) northeast of Atlanta. Gray, who was 14 at the time, was charged as an adult. His trial had bee

UPDATE - SuperCritical Materials Licenses Patented Uranium and Critical Materials Extraction Technology

Licensed uranium extraction technology positions SuperCritical to help address America's emerging nuclear fuel supply bottleneck as advanced reactor deployments accelerate. The world's oceans contain approximately 4.5 billion metric tons of uranium, enough to support global nuclear energy production for centuries. Supports U.S. efforts to strengthen domestic uranium supply, nuclear fuel security, and critical materials production. AUSTIN, Texas, July 24, 2026 (GLOBE NEWSWIRE) -- SuperCritical Ma

SiriusPoint Announces Date for Second Quarter 2026 Earnings Release

HAMILTON, Bermuda, July 24, 2026 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE: SPNT) ("SiriusPoint” or the "Company”) today announced that it is planning to release its second quarter 2026 financial results after the market close on Wednesday, July 29, 2026. The Company will also hold a conference call, including a question-and-answer session, to discuss its financial results at 10:30 am (Eastern Time) on Thursday, July 30, 2026. The webcast of the live conference call can be accessed by logging o

Ninepoint Partners Announces July 2026 Cash Distributions for its ETFs and ETF Series Securities

TORONTO, July 24, 2026 (GLOBE NEWSWIRE) -- Ninepoint Partners LP ("Ninepoint Partners”) today announced the July 2026 cash distributions for its ETFs and ETF Series securities. The record date for the distributions is July 31, 2026. All distributions are payable on August 10, 2026. The per-unit July 2026 distributions are detailed below: Ninepoint ETF SeriesTickerDistribution per unitNotional Distribution per unitCUSIPNinepoint Diversified Bond FundNBND$0.058473$0.00000065443H100Ninepoint Altern

Univest Securities, LLC Announces Closing of $9 Million Registered Direct Offering for its Client China SXT Pharmaceuticals Inc. (NASDAQ: SXTC)

New York, July 24, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the "Offering”) of approximately $9 million for its client China SXT Pharmaceuticals Inc. (NASDAQ: SXTC) (the "Company"), a China-based innovative pharmaceutical company focusing on the research, development, manufacture, marketing and sales

Conifex Announces Second Quarter 2026 Results Conference Call and Provides Corporate Update

VANCOUVER, British Columbia, July 24, 2026 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex”, "we” or "us”) (TSX: CFF) announced today that it plans to release its second quarter 2026 results before market open on Friday, August 14, 2026. Conifex has scheduled a conference call at 9:00 AM Pacific time / 12:00 PM Eastern time on August 14, 2026, to discuss its financial results. To participate in the call, please dial one of the following numbers: Toll-Free Access (Canada/US): 1-877-883-0383 Par

US measles outbreak hits case counts not seen in 35 years

WASHINGTON, United States — Since 2026 began, the United States has already recorded its worst measles outbreak in 35 years, according to official figures released Friday, a serious uptick in cases as vaccine hesitancy grows. In just seven months, 2,318 confirmed cases of the highly contagious illness have been recorded, according to the Centers for Disease Control and Prevention. That surpasses the total for 2025, a year that had already shattered records, posting 2,289 cases and three de

Good cop, bad cop? What a Burnham-Healey duo might mean for the markets

Michael Kim fires 59 at PGA Tour 3M Open

WASHINGTON, United States — Michael Kim drained a 24-foot birdie putt at his final hole on Friday to post a 12-under par 59 at the 3M Open, the 16th sub-60 round ever on the US PGA Tour. Kim birdied the last four holes at TPC Twin Cities in Blaine, Minnesota, lifting both arms in triumph when the putt rolled in before unleashing a mighty fist-pump. The Seoul-born American had 12 birdies without a bogey and walked off the course with a 14-under par total and a three-shot lead. Kim is just t

Ninepoint Partners Announces Estimated July 2026 Cash Distributions for Ninepoint Cash Management Fund - ETF Series

TORONTO, July 24, 2026 (GLOBE NEWSWIRE) -- Ninepoint Partners LP ("Ninepoint Partners”) today announced the estimated July 2026 cash distribution for the ETF Series of Ninepoint Cash Management Fund (the "Fund”). Ninepoint Partners expects to issue a press release on or about July 30, 2026, which will provide the final distribution rate. The record date for the cash distribution is July 31, 2026, payable on August 10, 2026. All estimates in this document are based on the accounting data as of Ju

Itafos Announces Release Date for Q2 2026 Results and Business Update Webcast

HOUSTON, July 24, 2026 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) ("Itafos” or "the Company”) today announces that its financial results for Q2 2026 will be released after market close on Wednesday, August 5, 2026. An on-demand recorded webcast of management commentary that reviews the Q2 2026 financial results, provides an update on the business, and addresses analysts’ and investors’ recent frequently asked questions will be available on Friday, August 7, 2026, at 9:30 a.m. ET

Prosecution says burden shifts to VP Sara defense

MANILA, Philippines — The House prosecution panel on Friday said the burden of rebutting the impeachment article accusing Vice President Sara Duterte of making grave threats has shifted to the defense after it concluded presenting its evidence before the Senate impeachment court. House prosecutors’ spokesperson Benjamin “Jay” Tolosa Jr. said the panel had established its case by presenting authenticated recordings of Duterte’s Nov. 23, 2024 statements, the National

DepEd improves compliance with COA recommendations

MANILA, Philippines — The Department of Education said that it was able to improve its compliance with the recommendations of the Commission on Audit, resolving 83 percent of its outstanding audit findings in 2025, noting that governance reforms under Education Secretary Sonny Angara continues to take effect. According to COA's consolidated annual audit report for the year ending December 31, 2025, DepEd has fully addressed 307 out of 368 valid prior year audit recommendations, marking sub

US-Iran talks continue as Trump warns forces are ready

Trump faces Apple-Micron clash over Chinese memory chips - WSJ

Will IEA/OECD countries release more strategic oil stocks?

Archaic laws on bank deposit secrecy

With two years left in BBM’s administration and the 20th Congress, the amendment to the country’s bank secrecy laws will most definitely soar to the top of the list of priority legislation for enactment into law.

Doing great work nobody noticed

I once heard about a consultant who delivered what he privately considered the finest strategic report of his career.

Ecozone investments hit P152 billion in 7 months

Investments approved by the Philippine Economic Zone Authority rose by 70 percent from January to July, driven by the country’s push to expand its export capabilities.

I-Remit raises P20 million via share issuance

Listed remittance firm I-Remit Inc. is raising P20 million in fresh capital by issuing new shares to support its short-term funding needs, following an emergency board meeting.

ICTSI expands Brazil footprint with acquisition of 2 terminals

Logistics giant International Container Terminal Services Inc. has acquired another unit in Brazil for $130 million, taking over dry bulk ports handling agricultural imports.

Indonesia reassures Philippines of steady coal supply

The government has secured Indonesia’s commitment to maintain a steady coal supply as the Philippines grapples with the global oil crisis and Southeast Asia’s highest electricity rates.

MariBank becomes 7th digital bank in Philippines

MariBank Philippines Inc. has become the country’s seventh licensed digital bank, leaving three slots under the Bangko Sentral ng Pilipinas ceiling of 10 digital banks.

Nearly 50 power utilities charge higher rates – think tank

— The Philippines already has Southeast Asia’s highest average residential electricity rate, yet consumers served by 48 on-grid power utilities are paying even more.