Philippines Business News

Pope Leo says he will undergo surgery for small growth on lung

VATICAN CITY — Pope Leo said on Sunday that doctors had detected a small growth on his lung…

Vopak secures NSW government endorsement for Port Botany expansion to strengthen aviation fuel security

SYDNEY, Oct. 12, 2026 /PRNewswire/ -- Vopak Terminals Australia welcomes the New South Wales (NSW) Government's endorsement of its proposed aviation fuel infrastructure expansion project in Port Botany. Included as a key project to strengthen the state's fuel security and resilience[1], the expansion reinforces Vopak's commitment to providing robust, future-ready energy infrastructure. Vopak's Sydney Terminal Aligned with the government's fuel security goals, the expansion capacity of approximat

Oil falls, CPI and bank earnings in focus - what’s moving markets

Carney says he supports an 'energy ceasefire' between Ukraine and Russia

MONTREAL, Canada — Canadian Prime Minister Mark Carney on Sunday expressed strong support for an "energy ceasefire" between Ukraine and Russia during a call with US President Donald Trump. Carney reiterated Ukrainian President Volodymyr Zelensky's "call for Russia to uphold" the agreement, adding that it was "imperative that all attacks on energy infrastructure and civilians cease immediately." Furthermore, "Canada will continue to maximize our exports of oil and diesel to the United State

Two Indian sailors missing after vessel attacked off Oman

NEW DELHI, India — Two Indian sailors were missing after a commercial vessel was hit by a "drone attack" Sunday off the coast of Oman, New Delhi's shipping minister said. Shipping minister Sarbananda Sonowal said the tanker MT Petro Dolphin, with 11 Indian seafarers on board, was attacked at the anchorage area for the port of Sohar in northern Oman. "While nine of our Indian crew members have been successfully rescued and are safe, two Indian nationals currently remain missing," he said on

US senators say Trump's diesel deal with Russia is illegal

WASHINGTON, United States — Seven US senators from both parties issued a statement Sunday questioning the legality of President Donald Trump's deal to allow Russian diesel exports despite a US ban in place since Moscow's invasion of Ukraine. Trump on Friday announced an agreement with his Russian counterpart Vladimir Putin to release a massive quantity of diesel in exchange for temporarily easing US sanctions, a deal that drew swift backlash from Ukraine, the EU and several American lawmak

Upcoming US CPI: Could inflation data shift Fed rate expectations?

UK prime minister say it is 'clear' Russia interfered in 2016 Brexit referendum

LONDON — U.K. Prime Minister Andy Burnham says it is clear that Russia interfered with Britain’s vote to leave the European Union, adding it was important to put Moscow’s tampering on the record because countries across Europe are facing the same threat. In excerpts from “The Rest is Politics’’ podcast released Sunday, Burnham said that when he became prime minister in July he asked his advisers whether Russia had interfered with the 2016 referendum. The full

New Crypto: Remittix Confirms November 24 RTX Launch as Ethereum Price Prediction Eyes $12,000 and Cardano’s Tokenized-Equity Push Revives the $1 ADA Dream

Remittix establishes a firm date for its public-market debut as Ethereum and Cardano developments renew attention around institutional blockchain adoption MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Remittix has confirmed November 24, 2026 as the scheduled market-launch date for RTX, placing a defined deadline on the final phase of a presale that has raised more than $32 million. The announcement gives over 40,000 participants a clear transition from presale access to public trad

Today's Weather, 5 A.M. | Oct. 12, 2026

Acoramidis Associated with Significantly Improved Clinical Outcomes Versus Tafamidis in ATTR-CM in an Independent, Real-World Study of U.S. Electronic Health Records

- In an independent, propensity score-matched analysis of 2,684 individuals living with ATTR-CM from Epic COSMOS, the largest U.S. electronic health record database, acoramidis was associated with a statistically significant 18% lower risk of a composite of death, all-cause hospitalization, new-onset atrial fibrillation, and diuretic intensification versus tafamidis (HR 0.82; 95% CI 0.73-0.93; p - Early separation of the composite curves was noted within one month in this contemporary cohort of

SaunaKits.com Opens Its Upstate South Carolina Showroom, Bringing Hands-On Sauna Shopping to the Southeast

Following a successful September 26 grand opening and sponsorship of GVL Fit Fest, the showroom is now open to serve homeowners, builders, and designers in the greater Upstate SC region, including Charlotte and Atlanta. Greenville, SC, October 11, 2026 -- SaunaKits.com, the online sauna retailer formerly known as Nordica Sauna, today announced that its first physical showroom is officially open to the public. Located at 107 Hurricane Creek Rd in Piedmont, SC, just off I-85 at Exit 35, the showro

THE LEGO GROUP INVITES FANS TO MASH-UP STAR WARS™ AND MARVEL UNIVERSES FOR THE FIRST TIME EVER IN LEGO IDEAS® CHALLENGE

New LEGO Ideas® challenge invites fans to create a first-of-its-kind cross-universe moment in LEGO bricks to celebrate iconic storytelling worlds of Star Wars™ and Marvel.The announcement was made at New York Comic Con during a panel featuring Kevin Smith; actor, director and Marvel Comics writer.Now open, fans can choose from three building themes - vehicles, characters, or scenes - to inspire the Star Wars and Marvel mash-up and submit via the LEGO Ideas platform.NEW YORK, Oct. 12, 2026 /PRNew

Celltrion to Present New Analyses of ZYMFENTRA® (infliximab-dyyb) in Crohn's Disease and Ulcerative Colitis at ACG 2026

New data show favorable outcomes with subcutaneous infliximab following intravenous infliximab interruption, regardless of prior antibody status, in adult patients with moderate to severely active Crohn's disease and ulcerative colitisLate-breaking analysis shows significantly higher rates of clinical remission and improved endoscopic outcomes with subcutaneous versus intravenous infliximab in patients with ileum-dominant Crohn's disease JERSEY CITY, N.J., Oct. 12, 2026 /PRNewswire/ -- Celltrion

Stellantis Unveils Six Concept Cars "The Night Before” the Paris Motor Show

• Stellantis offered an exclusive preview of six of the nine concept cars set to debut at the Paris Motor Show, October 12-18 • Alfa Romeo, Citroën, DS Automobiles, FIAT, Opel and PEUGEOT showcased how creativity and innovation enable emotion, serve people and enhance freedom of choice • Stellantis Chairman John Elkann, CEO Antonio Filosa and Enlarged Europe COO Emanuele Cappellano highlighted how FaSTLAne 2030 strategic plan is translating into tangible results, through technologies, products a

Crypto News: Remittix Opens PayFi to 1,000 Holders as Bitcoin Price Prediction Explodes to $200,000 and Solana’s 200ms Upgrade Fuels a $300 SOL Target

Remittix advances its crypto-to-bank platform into real-user testing as ambitious Bitcoin and Solana forecasts intensify interest in payment-focused digital assets MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Remittix has opened PayFi access to 1,000 invited RTX holders, moving its crypto-to-bank payment platform into a hands-on testing phase ahead of the scheduled November 24, 2026 token launch. Invited participants can test EUR and USD routes while Remittix prepares additional c

Freenome to Present New Validation Data for Next-Generation CRC Screening Test in Late-Breaking Oral Presentation at ACG 2026

- Significant performance improvement seen across all subtypes of advanced precancerous lesions, which are important to detect for potential colorectal cancer prevention - - Overall detection of colorectal cancer remained consistent with test’s first version, achieving 80.4% sensitivity at 90% specificity - BRISBANE, Calif., Oct. 11, 2026 (GLOBE NEWSWIRE) -- Freenome, Inc. (Nasdaq: FRNM), an early cancer detection company developing blood-based tests, today announced the company will present lat

Has the oil crisis triggered a mobility shift again?

THE oil crisis of October 1973 decimated most American cars from our roads in a decade. The period between 1974 to 1983 saw Volkswagen build the home-brewed Sakbayans and Trakbayans, Ford, the Fiera. Mitsubishi, the Cimmaron. Francisco Motors the Anfra and Pinoy, and Toyota, the Tamaraw. Car owners traded their large-body and fuel-thirsty American and European vehicles for compact, fuel-efficient Japanese sedans. The government’s car manufacturing program encouraged the likes of the Toyota

Chinese brands are changing what Filipino car buyers expect

THERE was a time when buying a new car was relatively simple. You looked at the brand, checked what engine was under the hood, asked how much horsepower it made, took it for a drive and then figured out whether you could afford the monthly payments. For many of us who grew up loving cars, performance mattered. A bigger engine was better. More horsepower was always welcome. If one model could get from zero to 100 kilometers per hour faster than another, that was something worth talking about. Thi

Unifying PH’s growth centers

WITH a desolate landscape blanketed by thick grey volcanic sediments as far as the eyes can see, the provinces of Pampanga and Zambales and other parts of Central Luzon laid waste back in 1991. Even the US government saw no further use for the once mighty Clark Air Base in Pampanga and Subic Naval Base in Zambales – both carry strategic importance in Southeast Asia that defined the Cold War. Their value to the Americans diminished with the cataclysmic eruption of Mt. Pinatubo which was fol

Singapore envoy Constance See calls for more opportunities for Filipino talent

Singapore Ambassador to the Philippines Constance See hopes to see more opportunities open up for Filipinos in 2027 and beyond, giving young people and entrepreneurs greater room to put their talent and ideas to work. “I have lived in the Philippines for more than three years now, and what stays with me most is the energy of its people. I have met youths with big ambitions, entrepreneurs building businesses from very little, artists and designers producing extraordinary work and community

Accentuate professional development much further at Accenture

Three designers to watch in modern Filipiniana

AGAINST a growing appetite for distinctive local products, the barong is finding new life beyond weddings, state occasions and cultural celebrations. Once closely associated with formal dressing, the garment is being reworked for contemporary wardrobes by designers who see tradition as a starting point rather than a fixed set of rules. Among them are Peach Garde, Randolf Clothing’s RJSantos and Daryl Maat. Drawing respectively from architecture, pop culture and childhood nostalgia, they ar

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