Philippines Business News

UK clears Paramount's takeover of Warner Bros

LONDON — Britain on Thursday gave the green light to Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as the entertainment and media mega-deal still faces a key hurdle in the United States. The UK government and the antitrust watchdog both cleared the deal after initially raising concerns over media plurality and competition, respectively. The Competition and Markets Authority (CMA) found that the takeover would not weaken competition in film distribution, children's T

Solidion Technology Achieves Dramatic Balance Sheet Improvement, Increased Revenues

Private Placement Eliminates Balance Sheet Overhang and Alleviates Previously Disclosed Going Concern Doubt DALLAS, Aug. 7, 2026 /PRNewswire/ -- Solidion Technology Inc. ("Solidion" or the "Company") (Nasdaq: STI), an advanced battery technology solutions provider, today has released Second Quarter 2026 Financial and Operating Results. The condensed consolidated financial statements of Solidion and additional information can be found in Solidion's Form 10-Q, filed with the Securities and Exchang

Carrington College Sacramento to Host Nursing Open House on Aug. 12

Event will spotlight Vocational Nursing and Nursing Bridge programs Carrington College Vocational Nursing SACRAMENTO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Carrington College will host a Nursing Open House at its Sacramento campus on Wednesday, Aug. 12, 2026, from 4 to 6 p.m., located at 8909 Folsom Blvd., Sacramento, CA 95826. The event will provide prospective students and community members the chance to learn more about the college's Vocational Nursing and LVN to ADN program. Attendees wi

Bercor Pay launches with one intelligent payment experience

New consumer card from the Bercor Group delivers global Visa acceptance, Apple Pay and Google Pay support, and transparent fees. HONG KONG, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Bercor, the global financial technology group, has launched Bercor Pay, a USD Visa card designed as one intelligent payment experience for people whose lives, work, and money already cross borders. Launched on 29 July 2026, Bercor Pay is accepted at millions of Visa merchants worldwide, supports Apple Pay and Google Pay, and

Tango Therapeutics Announces Executive Chair Transition

BOSTON, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, today announced that Dr. Barbara Weber, the Executive Chairman of the Board of Directors of Tango Therapeutics, will be stepping down in connection with other pursuits. "I am proud with what we have achieved at Tango and am confident that the Company is extremely well positioned to buil

Biogen Completes Acquisition of RayThera Inc.

Lead program now in Phase 1 development CAMBRIDGE, Mass., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) today announced the completion of the acquisition of RayThera Inc., a privately held biotechnology company focused on discovering and developing small-molecule therapies in immunology. The acquisition strengthens Biogen’s growing immunology portfolio, adding multiple assets that have potential to treat immune-mediated conditions across a range of indications. The lead program en

LTO revokes, suspends, fines motorcycle, car dealers over violations

MANILA, Philippines — As part of its intensified campaign against violations in the initial registration process of new vehicles, the Land Transportation Office (LTO) revealed on Friday that it has fined, suspended and revoked erring accredited motorcycle and car dealers found non-compliant with the prescribed initial registration procedures. The action followed the hearings conducted on the Show Cause Orders (SCOs) previously issued by the agency against them who are facing complaints rel

Seaspan Becomes First International Ship Owner and Operator to Access China's Panda Bond Market

SINGAPORE, Aug. 7, 2026 /PRNewswire/ -- Seaspan Corporation Pte. Ltd. ("Seaspan"), a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in China's domestic bond market. The three-year private placement note was issued on July 15, 2026, with a coupon rate of 2.50% per annum. The offering was oversubscribed by Chinese onshore and international investors with a book coverage ratio of 2.3 times. The transaction is a s

Early Warning Report Filed by Matachewan Consolidated Mines, Limited

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Matachewan Consolidated Mines, Limited (TSXV: MCM-A) ("Matachewan”), an Ontario corporation, triggered certain reporting thresholds in McChip Resources Inc. (the "Issuer”) that require the filing of an early warning report under National Instrument 62- 103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. On August 6, 2026, Matachewan acquired 1,149,300 common shares of the Issuer (the "CommonShares”) in a private transa

AGF Reports July 2026 Assets Under Management and Fee-Earning Assets

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets of $75.1 billion as at July 31, 2026. AUM ($ billions) July 31, 2026 June 30, 2026 % Change Month- Over-Month July 31, 2025 % Change Year-Over- Year Total Mutual Fund$37.3 $39.0 $32.7 Exchange-traded funds + Separately managed accounts$5.8 $5.3 $3.2 Segregated accounts and Sub-advisory$6.4 $6.7 $6.7 AGF Private Wealth$9.8 $9.9 $8.8 Subtotal (before AGF Capital Par

Maxim Power Corp. Announces 2026 Second Quarter Financial and Operating Results

CALGARY, Alberta, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the second quarter ended June 30, 2026. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis ("MD&A”) will be available on SEDAR+ and on MAXIM's website on August 6, 2026. All figures reported herein are Canadian dollars unless otherwise stated. F

Grupo Aeroportuario Del Pacifico Announces Changes to Its Management Team

GUADALAJARA, Mexico, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company” or "GAP”) announces that Alejandra Soto will step down from her position as Investor Relations and Social Responsibility Officer, effective August 7, 2026. GAP thanks Alejandra for her commitment, professionalism and significant contributions throughout her more than 18-year career with the Company and wishes her every success in her future endeavors. As a

Astroline Expands Access to Personalized Astrology and Self-Reflection Tools Across Mobile and Web Platforms

The astrology platform brings together birth chart analysis, compatibility reports, tarot readings, astrocartography, and live advisor chat in one integrated experience. Nicosia, Cyprus, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Astroline, a digital astrology and self-reflection platform, today announced expanded access to its suite of personalized astrology tools, offering users a centralized experience for exploring birth chart insights, relationship compatibility, tarot readings, lunar tracking, and

Portland Bolt Acquires Threadline Products, Expanding East Coast Manufacturing and Distribution Capabilities

PORTLAND, Ore., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Portland Bolt & Manufacturing Co., LLC (Portland Bolt), a leading domestic manufacturer and global provider of anchor bolts, structural bolts, direct tension indicating (DTI) washers, and nonstandard construction fasteners, today announced it has acquired Threadline Products, Inc. (Threadline), a Charlotte, North Carolina-based manufacturer of custom anchor bolts, threaded rod, and fabricated structural steel products. Founded in 1984 and located

Monthly disclosure on share capital and voting rights on July 31, 2026

Regulated Information Issy-les-Moulineaux, August 6, 2026 Sodexo: Monthly disclosure on share capital and voting rights Pursuant to Article L.233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers Registered name of the issuer: SODEXO 255, quai de la Bataille de Stalingrad - 92130 ISSY-LES-MOULINEAUX DateTotal number of shares Actual voting rights * Theoretical voting rights ** July 31, 2026 147,454,887 216,593,858 218,113,229 *

Euronext announces volumes for July 2026

Euronext announces volumes for July 2026 Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo and Paris - 6 August 2026- Euronext, the leading European capital market infrastructure, today announced trading volumes for July 2026. Monthly and historical volume tables are available at this address: euronext.com/investor-relations#monthly-volumes CONTACTS ANALYSTS & INVESTORS -ir@euronext.com Investor Relations Judith Stein +33 6 15 23 91 97 Margaux Kurver +33 6 84 16 85 03 MEDIA -mediateam@eur

Altus Group acquires Valos, an AI-powered platform that connects UK’s valuers and lenders in the property valuation workflow

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Altus Group Limited ("Altus” or "the Company”) (TSX: AIF), a leading provider of commercial real estate ("CRE”) intelligence, announced today it acquired Valos (U.K.) Limited, an AI-powered platform automating the property valuation and lending workflow. Founded in 2020, Valos has rapidly established itself as a leading integrated platform for the UK commercial property market, connecting valuation firms and mortgage lenders in a single workflow. Its pl

Robert Stitzel Scholarship for Entrepreneurs Opens Applications for 2027 Essay Competition Supporting Future Business Leaders

Robert Stitzel Scholarship Robert Stitzel Scholarship MIDLAND, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- The Robert Stitzel Scholarship for Entrepreneurs is now accepting applications for its 2027 scholarship program, offering a $1,000 award to an outstanding undergraduate student who demonstrates a passion for entrepreneurship, innovation, and leadership. The scholarship is designed to recognize students who aspire to build successful entrepreneurial careers while pursuing higher education at ac

Eastwood Law Urges WA Families to Review Wills as Wealth Shifts

SUBIACO, WA, Aug. 06, 2026 (GLOBE NEWSWIRE) -- SUBIACO, WA - August 06, 2026 - Eastwood Law, a Perth will and estate practice, is urging Western Australian families to review outdated wills as superannuation, trusts and blended families reshape how estates are inherited. Australia has entered the largest handover of private wealth in its history, and the assets moving between generations no longer look like they did a generation ago. The Productivity Commission estimated in a December 2021 resea

HII Signs Performance-based Production Agreements with Path Robotics and GrayMatter Robotics

The multi-year deal, which expands shipbuilding capacity, is worth up to $900 million, and is a commitment by the three companies to transform how complex shipbuilding structures are fabricated, assembled, and outfitted. ARLINGTON, Va., Aug. 06, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the

Baltic Horizon Fund consolidated unaudited results for Q2 2026

Management Board of Baltic Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2026. The Fund returned to profit in the first half of 2026, its first profitable half year since 2022. Net profit for H1 2026 was EUR 698 thousand, against a loss of EUR 891 thousand in H1 2025. The turn came mainly from the EUR 12.3 million equity injection completed in March and the EUR 7.5 million of bonds repaid ahead of schedule, which cut the F

Dr. Sergio Sokol Scholarship for Future Doctors Opens Applications to Support the Next Generation of Medical Leaders

Dr. Sergio Sokol Scholarship Dr. Sergio Sokol Scholarship CEDARHURST, N.Y., Aug. 06, 2026 (GLOBE NEWSWIRE) -- The Dr. Sergio Sokol Scholarship for Future Doctors is now accepting applications for its 2027 award cycle. Established by board-certified cardiologist Dr. Sergio Sokol, M.D., FACC, the scholarship will award $1,000 to a student who demonstrates a strong commitment to pursuing a career in medicine and serving others through compassionate healthcare. The scholarship reflects Dr. Sokol's l

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Dr. Lauren Papa, DC, Chiropractor and Entrepreneur, Launches Art Deco Freak to Advance Design-Led Residential Redevelopment

Art Deco Freak by Lauren Papa Art Deco Freak by Lauren Papa PITTSBURGH and LOS ANGELES, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Art Deco Freak today announced its official launch as a boutique residential redevelopment and design firm focused on acquiring, rehabilitating, and repositioning underutilized residential properties into premium, market-ready assets. Founded by Dr. Lauren Papa, DC, a chiropractor, entrepreneur, and creative developer, the company operates across Pittsburgh and Los Angeles, b