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CEBU, Philippines — The Bolts failed to beat the Beermen with their tremendous determination and hard work that had them leading the contest for over 47 minutes.
MANILA, Philippines —CHINA warned the Philippines to cease «infringement and provocation at sea at once» or «bear the consequences.»
WASHINGTON (AP) — The Supreme Court on Friday upheld a federal gun control law that is intended to protect victims of domestic violence.
MANILA, Philippines – Team USA felt the love at the Mall of Asia Arena in their second game of Week 3 of the 2024 Volleyball Nations League (VNL) for Men on Thursday night, as they were showered with cheers during their five-set victory over Brazil.
NEW YORK (AP) — Aaron Judge hit his major league-leading 27th homer in his return to the New York Yankees’ lineup Thursday against the Baltimore Orioles, two days after being hit on the left hand by a pitch.
MANILA, Philippines — Actress-artist Solenn Heussaff revealed that she is just waiting to be called on set to portray again her iconic TV character Cassiopea in the upcoming fantasy series "Encantadia Chronicles: Sanggre."
Converge [CNVRG 10.96, up 4.4%; 553% avgVol] [link] clarified a recent Bilyonaryo article about its reported interest in SkyCable, which is owned by ABS-CBN [ABS 6.98, up 0.4%; 26% avgVol], and confirmed that it considered acquiring ABS’s SkyCable business as part of its “fiduciary duty to create value for stakeholders”. CNVRG said that it performs “close evaluations of various investment opportunities... as they arise”, and that it does this to uncover “prospects of growing its customer base, improving customer experience, and... maximizing the utilization of [its] network.” ABS also release a clarification to confirm that SkyCable has P4.5 billion in outstanding debts, with P2.05 billion of that amount “due within 1 year”. ABS said that it is “working on plans to improve [SkyCable’s] viability.”
GT Capital [GTCAP 568.00, up 0.7%; 1419% avgVol] [link] confirmed a news report quoting the company’s Senior VP as saying, “Just like any conglomerate, we want to diversify and REITs are one vehicle toward that end. Sure if conditions are right, then we are able to develop more on the rental side, then we will definitely consider that.” In its clarification letter to the PSE, GTCAP said that it is “open to the possibility of launching and listing its own [REIT] in the future if the right conditions are present and if FLI can ramp up recurring income.” GTCAP then said that it has no plan to “launch and list FLI as a REIT”. Filinvest Land [FLI 0.68, down 1.4%; 2137% avgVol] is a property development subsidiary of GTCAP.