Philippines Business News

Resouro to raise up to C$2M

Common shares priced at C$0.25 per share in non-brokered private placement THIS PRESS RELEASE SHALL NOT BE DISTRIBUTED IN THE UNITED STATES OR DISSEMINATED TO U.S. NEWSIRE SERVICES. VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Resouro Strategic Metals Inc. (TSXV: RSM, ASX: RAU, FSE: 8TX) ("Resouro” or the "Company”) announces a non-brokered private placement (the "Offering”) for the sale of up to 8,000,000 common shares of the Company at a price of C$0.25 per common share for g

Wedbush Rings the Cboe Closing Bell, Celebrating a Longstanding Partnership and a Shared Commitment to Market Innovation

From equity options to Bitcoin futures, 24/7 prediction markets and perpetual futures, Wedbush continues to build the infrastructure powering the next generation of institutional trading CHICAGO, July 08, 2026 (GLOBE NEWSWIRE) -- Wedbush, a leading financial services firm, today rang the closing bell at Cboe Global Markets to commemorate nearly two decades as a Cboe member and celebrate a longstanding partnership built on innovation, market integrity, and the continued evolution of global capita

NCLA to Fifth Circuit: Revive Suit Against Gov’t-Led Censorship of Covid Vaccine-Injured Americans

Brianne Dressen, et al. v. Rob Flaherty, et al., and Andrew Slavitt Washington, D.C., July 08, 2026 (GLOBE NEWSWIRE) -- New Civil Liberties Alliance clients Brianne Dressen, Shaun Barcavage, Kristi Dobbs, Nikki Holland, and Suzanna Newell all suffered serious, debilitating injuries following Covid vaccination. Ernest Ramirez, vaccinated without incident, lost his previously healthy 16-year-old son five days after the teenager received his first Pfizer dose. The autopsy attributed his death to an

Outliyr's Independent Spectrometer Tests Find Popular Red Light Therapy Devices Delivering From 67 Percent to Nearly Triple Their Advertised Power

Outliyr's free public database catalogs more than seventy red light therapy panels and other light therapy devices, and publishes its own spectrometer measurements next to manufacturer claims for the units it has tested hands-on, seven so far. Austin, TX, July 08, 2026 (GLOBE NEWSWIRE) -- Two light therapy devices tested on a calibrated spectrometer at the same twelve-inch distance their manufacturers advertise returned numbers far from the spec sheet: a full-spectrum lamp measured nearly three

SK Hynix hits Nasdaq July 10. SKUU and SKDD are expected to launch on July 13.

NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- On July 10, one of the most anticipated market debuts in years is expected to hit the Nasdaq. SK hynix, the Korean chipmaker behind the High Bandwidth Memory inside nearly every advanced AI accelerator, is set to list its shares in the US under the ticker SKHY, in what is reported to be the largest ADR offering in market history, bigger than Alibaba's 2014 debut. If Nvidia is the engine of the AI boom, SK hynix makes the fuel injectors. Its HBM chips s

TAP Real Estate Technologies Launches MyHomeCloud™ an AI-Powered, Home Operating System

Subscription platform introduces AI-powered home management for reports, documents, valuables, service providers, repairs, warranties and more. San Diego, California, July 08, 2026 (GLOBE NEWSWIRE) -- TAP Real Estate Technologies (OTC: RWAX) today announced the launch of MyHomeCloud™, an AI-powered platform that helps homeowners organize, protect and manage everything connected to their home from documents and warranties to repairs, valuable assets and trusted service providers. MyHomeCloud comb

Major Shift in London Luxury Hospitality: AENDRE Initiates Absolute Realisation of Luxury Furniture, Fixtures, and Fittings (FF&E)

LONDON, July 08, 2026 (GLOBE NEWSWIRE) -- Following a monumental shift in the UK’s luxury real estate and hospitality landscape, European hospitality platform AENDRE has initiated a major portfolio optimisation and capital restructuring phase across its newly acquired central London portfolio. In a move that signals a rapid realignment of prime hospitality assets ahead of a comprehensive luxury hotel refurbishment phase, Europe’s leading asset realisation specialist, Pro Auction, has been formal

Fervo Energy Learning Curve Continues on 3rd Generation Well Design, Boosting Drilling Rates by 143% Since Its First Cape Station Well

Sawtooth 7 sets a new drilling pace record, reaching 19,448 feet measured depth with a 7,500-foot lateral in 21 days HOUSTON, July 08, 2026 (GLOBE NEWSWIRE) -- Fervo Energy, the leader in enhanced geothermal systems (EGS), today announced that it has drilled Sawtooth 7, the ninth well using its 3.0 well design at Cape Station for Phase II, from spud to total depth (TD) in 21 days. Setting a new company record for drilling pace on its most complex well design to date, Sawtooth 7 reached a measure

HCI Group Declares Quarterly Cash Dividend

TAMPA, Fla., July 08, 2026 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI) has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid September 18, 2026 to shareholders of record at the close of business August 21, 2026. About HCI Group, Inc. HCI Group is a diversified holding company engaged in insurance, reinsurance, real estate, claims services, and insurance technology. The HCI Group portfolio of c

Actor and Celebrity Impressionist Jim Meskimen on Overcoming Career-Threatening Stage Fright

LOS ANGELES, July 08, 2026 (GLOBE NEWSWIRE) -- Professional actor and impressionist Jim Meskimen is known for his recurring role as Martin Housely on NBC's Parks and Recreation and for a career built on uncannily accurate celebrity impressions, including a widely admired take on Robin Williams. But that career nearly didn't happen. Speaking recently on the podcast The Melting Pot with Lucas Stein, Meskimen described the anxiety that gripped him as a young performer testing out impressions in fro

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

UN launches appeal for nearly $300M in Venezuela quake relief

VENEZUELA — The United Nations launched an urgent appeal Wednesday for nearly $300 million towards Venezuela earthquake relief operations after the death toll from the disaster rose to more than 3,600 people. There is huge humanitarian need after one of Latin America's worst earthquake disasters left thousands of people homeless and thousands more still missing. In badly damaged La Guaira, families are still digging for the bodies of loved ones in the rubble. "Donors are already stepping u

Columbus Circle Capital Corp III Announces Pricing of $200,000,000 Initial Public Offering

New York, NY, July 08, 2026 (GLOBE NEWSWIRE) -- Columbus Circle Capital Corp III (NASDAQ: CCCTU) (the "Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The Company's units are expected to be listed on the Nasdaq Global Market ("Nasdaq”) under the symbol "CCCTU” and will begin trading on July 9, 2026. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant, with each whole warran

Mercator Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering

NORWALK, CT , July 08, 2026 (GLOBE NEWSWIRE) -- Mercator Acquisition Corp. (the "Company”), a blank check company whose business purpose is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced today that it has priced its initial public offering of 15,000,000 units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The uni

Teck to Release Second Quarter 2026 Results on July 23, 2026

VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck”) will release its second quarter 2026 earnings results before market open on Thursday, July 23, 2026. A webcast to review the results will be held as follows: Date: Thursday, July 23, 2026Time:8:00 a.m. PT / 11:00 a.m. ETListen-Only Webcast:hereDial In for Investor & Analyst Q&A: 1.647.846.8877 or 1.833.752.3828 Quote "Teck Resources”, to join the call Alternate, pre

Both Leading Independent Proxy Advisors Recommend Aterian Stockholders Vote for the Asset Sale

Glass Lewis cites structured strategic reviewISS cites sound transaction rationale, a competitive sale process, and potential downside risks of non-approval in endorsing the proposal. SUMMIT, N.J., July 08, 2026 (GLOBE NEWSWIRE) -- Aterian, Inc. (NASDAQ: ATER) ("Aterian” or the "Company”) today announced that both leading independent proxy advisory firms Glass, Lewis & Co. ("Glass Lewis”) and Institutional Shareholder Services Inc. ("ISS”) have issued reports recommending that Aterian stockholde

Future Fintech Group Announces Reverse Stock Split

NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Future FinTech Group Inc. (Nasdaq: FTFT) ("Future FinTech”, "we” or the "Company”) today announced that the Company’s Board of Directors approved a 1-for-4 reverse stock split (the "Reverse Stock Split”) of the Company’s common stock (the "Common Stock”). The Company was not required to obtain shareholder approval to effectuate the Reverse Stock Split. The Company filed articles of amendment to the Company’s Second Amended and Restated Articles of Inco

IMF trims Philippine growth outlook until 2027

THE PHILIPPINE ECONOMY could post its weakest growth this year since the pandemic, as the Middle East war drives up prices and dampens economic activity, the International Monetary Fund (IMF) said.

Weak consumption, delayed investments to drag Philippine growth — ADB

THE ASIAN Development Bank (ADB) cut its growth forecasts for the Philippines for this year and next year, citing delayed investments and weaker household consumption.

Unemployment rate rises in May amid 905,000 job losses in agri

THE PHILIPPINES’ unemployment rate rose to 4.8% in May as job losses in agriculture, driven by bad weather, outweighed employment gains in services and other industries, the Philippine Statistics Authority (PSA) said on Wednesday.

PAL’s $300-M bond draws $1.4B in orders

PHILIPPINE AIRLINES (PAL) announced on Wednesday that it had priced its inaugural $300-million (P18.45-billion) international bond offering after receiving more than $1.4 billion (P86.11 billion) in investor orders, about 4.5 times the amount offered.

SEC OKs San Miguel’s P30-B preferred share offering

THE Securities and Exchange Commission (SEC) has approved the registration of San Miguel Corp.’s (SMC) follow-on offering of preferred shares worth up to P30 billion. In a July 7 meeting, the SEC Commission En Banc declared effective SMC’s registration statement covering 400 million Series 2 preferred shares, subject to the company’s compliance with remaining regulatory […]

Where we belong

WHILE hotels usually brand themselves as oases (read: nothing like their surroundings), the Seda hotel group (under Ayala Land Hospitality) is taking the opposite direction. A new campaign, “Roots by Seda,” aims to place their hotels as firmly part of the communities where they are built.

Ayala logistics unit completes 40% stake sale to Danish investor

A.P. MOLLER Capital, an infrastructure fund manager affiliated with Denmark’s A.P. Moller Holding, the parent of shipping and logistics company A.P. Moller-Maersk, has completed its acquisition of a 40% stake in AC Logistics Holdings Corp., the logistics arm of Ayala Corp. In a joint statement dated July 7, the companies said the investment was completed […]