<div>UPDATE 1-Duterte says sorry to Philippine tycoons, their firms' shares surge</div> <!-- no image --> <div>* Philippines' top water utilities facing regulatory hurdles (Recasts, adds details, background, Ayala comment)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=HX0w8IC4hSk:i60-MkpWFSA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=HX0w8IC4hSk:i60-MkpWFSA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=HX0w8IC4hSk:i60-MkpWFSA:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=HX0w8IC4hSk:i60-MkpWFSA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=HX0w8IC4hSk:i60-MkpWFSA:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/HX0w8IC4hSk" height="1" width="1" alt=""></div> Posted by Reuters