KUALA LUMPUR, Dec 30 (Bernama) -- The Hong Kong Tourism Board (HKTB) will usher in 2026 with a new edition of the Hong Kong New Year Countdown at the Chater Road Pedestrian Precinct in Central, featuring live music performances and a large-scale light show.
The event, themed "New Hopes, New Beginnings", will include performances by international and local artistes, alongside appearances by a children’s choir and the Hong Kong Police Band.
Eight landmark buildings participating in the Immersive Light Show in Central will display illuminated countdown clocks and seasonal light projections. At midnight, the buildings will present a coordinated light performance, sending New Year wishes to on-site spectators and global audiences.
In a statement, HKTB said this year’s Hong Kong New Year Countdown is fully supported by Hongkong Land.
Live broadcasts will be shown on large outdoor screens in Central, with additional projections at the Hong Kong Cultural Centre in Tsim Sha Tsui and a giant countdown clock displayed on the Hong Kong Convention and Exhibition Centre in Wan Chai.
HKTB said the countdown will be broadcast live across multiple platforms, including DiscoverHongKong.com and its official social media channels. A live satellite feed will also be made available to broadcasters worldwide, allowing international audiences to join the countdown.
Separately, HKTB’s visitor information platforms will highlight a range of New Year’s Eve countdown activities across the city, including events at Hong Kong Disneyland and a countdown concert in the West Kowloon Cultural District.
-- BERNAMA
Tuesday, 30 December 2025
Monday, 22 December 2025
Fushi Technology Partners with Jumbo to Build Long-Term Growth Momentum with One-Stop Customer Loyalty Solution
SHENZHEN, China, Dec 19 (Bernama-GLOBE NEWSWIRE) -- Fushi Technology has officially launched its CRM membership management product for Jumbo.
Fushi is a leading AI services provider for merchants & consumers in Asia, offering comprehensive, full-scenario SaaS solutions to businesses worldwide.
Jumbo is a renowned chain seafood brand founded in Singapore in 1987, famous among customers for its signature Singapore-style Chilli Crab and Black Pepper Crab. The brand has now expanded its presence to countries including China, Vietnam, and Thailand.
This membership management product is built upon Fushi's self-developed, all-in-one intelligent customer loyalty and marketing automation platform. It is designed to enhance Jumbo's capability in managing customer assets, further improve customer retention rates, and create a seamless dining experience for their users.
Through Fushi's CRM solution, Jumbo can achieve deep integration across its multiple restaurant outlets, allowing diners to accumulate points and redeem rewards across venues. By incorporating multiple service features and reward mechanisms such as integrated loyalty points, e-vouchers, and mobile ordering, the solution helps Jumbo optimize the entire consumer journey from reservation to payment.
According to public data, the Southeast Asian region, with a population of over 600 million and high penetration of mobile payments, offers broad prospects for the F&B and retail markets. However, local merchants commonly face challenges such as high customer acquisition costs, low conversion rates, and difficulty in measuring marketing ROI. Recognizing this market gap, Fushi precisely addresses it by providing digital tools that empower merchants to shift their operational focus from "traffic acquisition" to "existing customer value maximization." This enables refined operation and value enhancement of customer assets, helping merchants gain a competitive edge and overcome growth bottlenecks in the rapidly evolving market.
The successful deployment of this collaborative product not only signifies important market recognition for Fushi's CRM offerings, but also signals that forward-thinking dining brands like Jumbo are adopting advanced SaaS tools to build sustainable growth momentum. This trend is expected to open up even broader market prospects for Fushi.
Isabel Liu
Email: isabelliu@yeahka.com
Phone: +86 18340816726
SOURCE: Shenzhen Fushi Technology Co., Ltd.
--BERNAMA
Jumbo is a renowned chain seafood brand founded in Singapore in 1987, famous among customers for its signature Singapore-style Chilli Crab and Black Pepper Crab. The brand has now expanded its presence to countries including China, Vietnam, and Thailand.
This membership management product is built upon Fushi's self-developed, all-in-one intelligent customer loyalty and marketing automation platform. It is designed to enhance Jumbo's capability in managing customer assets, further improve customer retention rates, and create a seamless dining experience for their users.
Through Fushi's CRM solution, Jumbo can achieve deep integration across its multiple restaurant outlets, allowing diners to accumulate points and redeem rewards across venues. By incorporating multiple service features and reward mechanisms such as integrated loyalty points, e-vouchers, and mobile ordering, the solution helps Jumbo optimize the entire consumer journey from reservation to payment.
According to public data, the Southeast Asian region, with a population of over 600 million and high penetration of mobile payments, offers broad prospects for the F&B and retail markets. However, local merchants commonly face challenges such as high customer acquisition costs, low conversion rates, and difficulty in measuring marketing ROI. Recognizing this market gap, Fushi precisely addresses it by providing digital tools that empower merchants to shift their operational focus from "traffic acquisition" to "existing customer value maximization." This enables refined operation and value enhancement of customer assets, helping merchants gain a competitive edge and overcome growth bottlenecks in the rapidly evolving market.
The successful deployment of this collaborative product not only signifies important market recognition for Fushi's CRM offerings, but also signals that forward-thinking dining brands like Jumbo are adopting advanced SaaS tools to build sustainable growth momentum. This trend is expected to open up even broader market prospects for Fushi.
Isabel Liu
Email: isabelliu@yeahka.com
Phone: +86 18340816726
SOURCE: Shenzhen Fushi Technology Co., Ltd.
--BERNAMA
Thursday, 18 December 2025
JAMES NICHOLAS KINNEY JOINS INVNT AS FIRST GLOBAL CHIEF AI OFFICER
James Kinney, alum from .Monks (S4Capital), Ogilvy, Mother, and Giant Spoon joins INVNT in the Chief AI Officer inaugural role
KUALA LUMPUR, Dec 18 (Bernama) -- INVNT, the innovation-led global brand storytelling agency, has appointed James Nicholas Kinney as its first Global Chief AI Officer to accelerate the integration of artificial intelligence (AI) across the agency and deliver new AI-powered solutions to clients.
According to INVNT in a statement, the newly created role will focus on expanding the agency’s AI ecosystem while strengthening its data, insights, and tooling infrastructure to support next-generation brand engagement and experiences.
In establishing this role, INVNT is accelerating the deployment of AI across every department, including strategy, creative, production and operations, through the development of internal systems, data lakes and intelligent capabilities.
INVNT Chairman and Chief Growth Officer, Scott Cullather said Kinney is uniquely qualified for this position, citing his expertise in AI-enabled organisational design and his blend of HR leadership, agency experience and advanced AI training.
“He understands how humans and machines can coexist to drive meaningful progress, from operational maximalism to predictive analytics and client-forward solutions. His leadership will accelerate INVNT’s future as the best-in-class experience agency enhanced by AI,” said Cullather.
Meanwhile, Kinney said INVNT’s culture of innovation aligns closely with his vision for applying AI to deliver greater impact for clients while driving operational acceleration across the organisation.
Reporting directly to Cullather, Kinney will lead client-facing AI innovation, help global brands scale experiences and campaigns through machine learning, and drive new business opportunities anchored in AI-powered transformation.
Kinney holds AI certifications from MIT, Carnegie Mellon University and Wharton, the programme led by LinkedIn co-founder Reid Hoffman.
-- BERNAMA
SOUTHEAST ASIAN FIRMS URGED TO PREPARE FOR 2026 US ENTRY
KUALA LUMPUR, Dec 18 (Bernama) -- Southeast Asian companies are being urged to begin preparations now to capitalise on a widening window of opportunity for entry into the United States (US) market in 2026, as firms across the region move to diversify supply chains and sustain growth momentum.
Industry forecasts, including research from the Hong Kong Trade Development Council, project Southeast Asia’s business-to-business digital commerce market to reach US$130 billion by 2026, driven by rising demand for consumer electronics, home furnishings and cross-border trade with overseas buyers. (US$1=RM4.07)
Dmitry Shubov Consulting founder, Dmitry Shubov said the most successful expansions treat the US market as a multi-layered project, addressing legal entity structure, tax exposure and local logistics simultaneously.
“We are helping them move beyond the simple manufacturing and business models to a sophisticated, sustainable American market strategy,” he said in a statement.
Market entry, however, requires more than competitive products. Companies expanding in the US must address complex legal, tax and operational frameworks to avoid costly delays and compliance risks, industry experts said.
Key challenges include structuring the appropriate US legal entity and managing tax nexus requirements, navigating customs classifications and tariffs, complying with product safety regulations such as those enforced by the Food and Drug Administration (FDA) and Consumer Product Safety Commission (CPSC), and securing US intellectual property protections.
Operational readiness is also critical, with companies increasingly expected to localise supply chains through US-based warehousing, third-party logistics providers and faster delivery standards, while complying with a growing patchwork of state-level data privacy laws.
Experts say companies that address these legal and logistical requirements in late 2025 and early 2026 are better positioned to capture short-term market momentum and ensure long-term stability.
Consulting firms and online resources are increasingly supporting Southeast Asian founders, particularly at the pre-seed and seed stages, as companies prepare to establish compliant and scalable operations in the US. Dmitry Shubov remains committed to guiding these businesses, helping them hit the ground running when they launch into the US market.
-- BERNAMA
Industry forecasts, including research from the Hong Kong Trade Development Council, project Southeast Asia’s business-to-business digital commerce market to reach US$130 billion by 2026, driven by rising demand for consumer electronics, home furnishings and cross-border trade with overseas buyers. (US$1=RM4.07)
Dmitry Shubov Consulting founder, Dmitry Shubov said the most successful expansions treat the US market as a multi-layered project, addressing legal entity structure, tax exposure and local logistics simultaneously.
“We are helping them move beyond the simple manufacturing and business models to a sophisticated, sustainable American market strategy,” he said in a statement.
Market entry, however, requires more than competitive products. Companies expanding in the US must address complex legal, tax and operational frameworks to avoid costly delays and compliance risks, industry experts said.
Key challenges include structuring the appropriate US legal entity and managing tax nexus requirements, navigating customs classifications and tariffs, complying with product safety regulations such as those enforced by the Food and Drug Administration (FDA) and Consumer Product Safety Commission (CPSC), and securing US intellectual property protections.
Operational readiness is also critical, with companies increasingly expected to localise supply chains through US-based warehousing, third-party logistics providers and faster delivery standards, while complying with a growing patchwork of state-level data privacy laws.
Experts say companies that address these legal and logistical requirements in late 2025 and early 2026 are better positioned to capture short-term market momentum and ensure long-term stability.
Consulting firms and online resources are increasingly supporting Southeast Asian founders, particularly at the pre-seed and seed stages, as companies prepare to establish compliant and scalable operations in the US. Dmitry Shubov remains committed to guiding these businesses, helping them hit the ground running when they launch into the US market.
-- BERNAMA
Malaysia’s Non-Life Insurance Segment Outlook Remains Stable - AM Best
KUALA LUMPUR, Dec 16 (Bernama) -- Global credit rating agency, AM Best has maintained the stable outlook on Malaysia’s non-life insurance segment, citing regulatory initiatives designed to increase insurance penetration and phased de-tariffication of motor and fire insurance.
The Best’s Market Segment Report, “Market Segment Outlook: Malaysia Non-Life Insurance”, states that the non-life sector remains well-positioned for continued growth, even as the country’s real gross domestic product (GDP) growth is forecast to moderate in the near term amid global economic headwinds.
AM Best in a statement said Bank Negara Malaysia, the country’s central bank and lead regulator, continues to prioritise broader insurance and takaful penetration, currently in the low single digits for non-life.
Additional insurance market growth drivers include an expected rising demand for digital insurance and natural catastrophe coverage, along with premium rate hikes driven by high inflation and increasing claims frequency.
AM Best senior financial analyst, Sin Yee Chuah said Bank Negara Malaysia has progressively liberalised motor and fire insurance tariffs, introducing greater pricing flexibility in phases to support the transition to risk-based pricing since July 2016.
Ongoing regulatory measures are expected to help mitigate medical inflation and improve underwriting profitability of the health segment, while rising climate risks, particularly from severe flood events, are prompting regulatory actions to strengthen insurer preparedness.
Meanwhile, AM Best director, head of analytics, Victoria Ohorodnyk said these initiatives by Malaysia’s regulator are expected to reinforce the sector’s long-term financial resilience and risk management capacity.
Headquartered in the United States, AM Best is also a news publisher and data analytics provider specialising in the insurance industry with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.
-- BERNAMA
Monday, 15 December 2025
Axi: Crypto as a Strategic Portfolio Component for Traders & Investors in 2026
SYDNEY, Dec 15 (Bernama-GLOBE NEWSWIRE) -- As global financial markets evolve, Axi is making the case that cryptocurrencies — accessed through its platform and expanding lineup of crypto perpetual futures (“perps”) — deserve a meaningful place in diversified portfolio planning for 2026. Crypto trading has increasingly shifted toward derivatives, with perpetual futures now forming the core of digital asset activity worldwide. Recent data indicates that perpetual futures account for roughly 68% of all Bitcoin trading volume and about 76% of total global crypto derivatives volume in 2025, highlighting their continued growth and influence.
In parallel with this shift, Axi has expanded its lineup to include more than 150 perpetual futures contracts across major and emerging tokens, giving traders deep exposure within a regulated, single-platform environment. With derivatives dominating global crypto markets, Axi’s platform provides the liquidity, accessibility, and flexibility modern traders expect — including 24/7 market access and the ability to employ leverage in a controlled and regulated setting. This mirrors the versatility of traditional financial instruments while offering exposure to the rapidly developing digital asset landscape.
The rise in institutional participation underscores this evolution: as of 2025, institutions reportedly account for approximately 42% of all crypto derivatives trading volume, signalling growing institutional confidence in crypto markets beyond pure retail speculation. “With perps driving most crypto activity, we’re broadening our offerings to meet traders where the market is going,” said Stuart Cooke, Head of New Business at Axi. “Our goal is to bring everything into one trusted ecosystem — perps, copy trading, mobile apps, and institutional-grade support.” Looking ahead to 2026, the mainstream status of crypto derivatives highlights a pivotal moment for investors evaluating diversified strategies.
Looking ahead to 2026, the mainstream status of crypto derivatives highlights a pivotal moment for investors evaluating diversified strategies. The dominance of derivatives over spot trading in 2025 points to the rapidly maturing market environment, while traders and investors — from speculative participants to those hedging or seeking thematic exposure — increasingly require flexible, advanced tools. Axi’s infrastructure and broad contract range are built to support these evolving needs. The availability of perpetual contracts through a valued broker offers expanded flexibility, robust risk-management potential, and round-the-clock access, acknowledging both the opportunities and inherent risks of digital asset derivatives.
About Axi
Axi is a multi-asset broker offering access to forex, commodities, indices, and increasingly — crypto markets via regulated derivatives and spot adjacent instruments. Its expanded crypto perpetual offering is designed to meet demand from both professional and retail clients seeking regulated, versatile, and globally accessible trading options.
For more information contact mediaenquiries@axi.com
Promoted by AxiTrader LLC. Trading carries a high risk of investment loss. Crypto assets are complex and volatile products. Prices are highly volatile and can fluctuate rapidly, resulting in substantial losses. Crypto trading is not regulated in all jurisdictions and may not be suitable for all investors. Consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
SOURCE: Axi Trader LLC
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
In parallel with this shift, Axi has expanded its lineup to include more than 150 perpetual futures contracts across major and emerging tokens, giving traders deep exposure within a regulated, single-platform environment. With derivatives dominating global crypto markets, Axi’s platform provides the liquidity, accessibility, and flexibility modern traders expect — including 24/7 market access and the ability to employ leverage in a controlled and regulated setting. This mirrors the versatility of traditional financial instruments while offering exposure to the rapidly developing digital asset landscape.
The rise in institutional participation underscores this evolution: as of 2025, institutions reportedly account for approximately 42% of all crypto derivatives trading volume, signalling growing institutional confidence in crypto markets beyond pure retail speculation. “With perps driving most crypto activity, we’re broadening our offerings to meet traders where the market is going,” said Stuart Cooke, Head of New Business at Axi. “Our goal is to bring everything into one trusted ecosystem — perps, copy trading, mobile apps, and institutional-grade support.” Looking ahead to 2026, the mainstream status of crypto derivatives highlights a pivotal moment for investors evaluating diversified strategies.
Looking ahead to 2026, the mainstream status of crypto derivatives highlights a pivotal moment for investors evaluating diversified strategies. The dominance of derivatives over spot trading in 2025 points to the rapidly maturing market environment, while traders and investors — from speculative participants to those hedging or seeking thematic exposure — increasingly require flexible, advanced tools. Axi’s infrastructure and broad contract range are built to support these evolving needs. The availability of perpetual contracts through a valued broker offers expanded flexibility, robust risk-management potential, and round-the-clock access, acknowledging both the opportunities and inherent risks of digital asset derivatives.
About Axi
Axi is a multi-asset broker offering access to forex, commodities, indices, and increasingly — crypto markets via regulated derivatives and spot adjacent instruments. Its expanded crypto perpetual offering is designed to meet demand from both professional and retail clients seeking regulated, versatile, and globally accessible trading options.
For more information contact mediaenquiries@axi.com
Promoted by AxiTrader LLC. Trading carries a high risk of investment loss. Crypto assets are complex and volatile products. Prices are highly volatile and can fluctuate rapidly, resulting in substantial losses. Crypto trading is not regulated in all jurisdictions and may not be suitable for all investors. Consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
SOURCE: Axi Trader LLC
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Sunday, 14 December 2025
Malaysia’s Tune Protect Re Credit Ratings Affirmed By AM Best
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Malaysia’s Tune Protect Re Ltd (TPR) with a stable outlook on these credit ratings (ratings).
In a statement, AM Best said the ratings reflected TPR’s balance sheet strength, which was assessed as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
TPR’s balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which is expected to remain comfortably at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio.
The company has a generally conservative investment portfolio with investment assets held predominantly in unit trust funds, whereby the underlying assets are mainly fixed-income securities with good credit quality.
AM Best’s balance sheet strength analysis also incorporates a neutral holding company impact from Tune Protect Group Berhad (TPG), TPR’s ultimate parent.
TPR’s operating performance was assessed as strong, supported by robust underwriting results. Technical profitability is predominantly driven by favourable loss experience of its travel insurance business, while investment income has historically been a positive contributor to overall earnings, contributed by interest income and gains from its bond investments.
Last year, the company reported a combined ratio of 81.9 per cent and a return-on-equity ratio of 14.1 per cent. In the first three quarters of 2025, TPR’s operating performance remains favourable, supported by strong technical profitability and investment performance.
The credit rating agency also assesses TPR’s business profile as limited. It is a niche reinsurer focused on travel-related insurance products that leverages TPG’s in-house technology platform to support and distribute policies in collaboration with corporate partners, including airlines and travel agencies.
-- BERNAMA
Patton Honored with Gold-Level Innovators Award
Cabling Installation & Maintenance has recognized Patton’s CopperLink® CL-SFP Ethernet Extender as among the structured cabling industry's most innovative cabling and communications technology products for 2025.
CopperLink®... Going the Distance!
“I would like to congratulate Patton on their gold-level honoree status.”
Patrick McLaughlin
Chief Editor
Cabling Installation & Maintenance
GAITHERSBURG, Md., Dec 12 (Bernama-GLOBE NEWSWIRE) -- Patton—world-renowned US manufacturer of networking and communications technology—announced today that its CopperLink® CL-SFP “world’s smallest” Ethernet Extender has won the 2025 Innovators Award from Cabling Installation & Maintenance Magazine.
The CL-SFP Ethernet Extender is celebrated among the most innovative products introduced in the year 2025.
Judges. An esteemed and experienced panel of senior third-party expert judges from the cabling community recognized Patton as a gold-level honoree.
“On behalf of Cabling Installation & Maintenance Innovators Awards, I would like to congratulate Patton on their gold-level honoree status,” said Patrick McLaughlin, Chief Editor at Cabling Installation & Maintenance.
Criteria. The judging panel evaluated award applications based on such criteria as innovation, value, sustainability, collaboration, and impact.
“This competitive program allows Cabling Installation & Maintenance to celebrate and recognize the most innovative products, projects, technologies, and programs impacting the industry,” McLaughlin explained.
Innovative. Patton’s innovative new CopperLink CL-SFP Ethernet Extender delivers high-speed, long-range Ethernet connectivity (up to 20,000 feet) over existing copper infrastructure.
“We are honored to accept the Innovators Award from Cabling Installation and Maintenance,” said Gary Portellas, Patton’s Sr. Product Manager for Connectivity. “Patton has been miniaturizing communication technologies for decades. The new CL-SFP is the smallest form factor Ethernet Extender ever.”
Capabilities. The CL-SFP is a Small Form-factor Pluggable (SFP) Ethernet extender that seamlessly integrates with routers, Ethernet switches, and media converters. The device extends Ethernet connections up to 3.8 miles (6.2 Km) over installed copper twisted pair—and achieves speeds up to 18 Mbps.
First to Market. Since creating the first Ethernet extender in the 1990s, Patton has brought dozens of SFP modules to market including Ethernet-over-Fiber, VoIP Gateways, Cyber Security Data Diodes, T1/E1 Pseudowires, ST2110 Video Gateways, and now the CopperLink SFP Ethernet-over-Copper module.
For more information about the CopperLink CL-SFP, go to patton.com/ethernet-extender/cl-sfp.
In related news, Patton recently achieved NIST SP 800-171 and CMMC Level 2 compliance, assuring stakeholders the company is committed and equipped to manage sensitive government data securely and responsibly.
About Cabling Installation & Maintenance
For 32 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation, and management of structured cabling systems serving enterprise, data-center, and other environments. These professionals are challenged to stay informed of constantly evolving standards, system design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.
About Patton
Patton is a world-renowned US manufacturer of networking and communications technology, products, and services. Patton produces a broad selection of technology solutions built on VoIP, Ethernet extension, wireless communication, and fiber-optic products. Founded in 1984 and headquartered in Gaithersburg, MD, USA, Patton has a strong global presence with a reputation for delivering innovative and reliable solutions to a diverse customer base. Let’s Connect!
Media Contact: Glendon Flowers | +1 301 975 1000 | press@patton.com
A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/9af7b194-2e20-4c6b-95f7-e03629e8ea9f
SOURCE: Patton Electronics Co.
--BERNAMA
“I would like to congratulate Patton on their gold-level honoree status.”
Patrick McLaughlin
Chief Editor
Cabling Installation & Maintenance
GAITHERSBURG, Md., Dec 12 (Bernama-GLOBE NEWSWIRE) -- Patton—world-renowned US manufacturer of networking and communications technology—announced today that its CopperLink® CL-SFP “world’s smallest” Ethernet Extender has won the 2025 Innovators Award from Cabling Installation & Maintenance Magazine.
The CL-SFP Ethernet Extender is celebrated among the most innovative products introduced in the year 2025.
Judges. An esteemed and experienced panel of senior third-party expert judges from the cabling community recognized Patton as a gold-level honoree.
“On behalf of Cabling Installation & Maintenance Innovators Awards, I would like to congratulate Patton on their gold-level honoree status,” said Patrick McLaughlin, Chief Editor at Cabling Installation & Maintenance.
Criteria. The judging panel evaluated award applications based on such criteria as innovation, value, sustainability, collaboration, and impact.
“This competitive program allows Cabling Installation & Maintenance to celebrate and recognize the most innovative products, projects, technologies, and programs impacting the industry,” McLaughlin explained.
Innovative. Patton’s innovative new CopperLink CL-SFP Ethernet Extender delivers high-speed, long-range Ethernet connectivity (up to 20,000 feet) over existing copper infrastructure.
“We are honored to accept the Innovators Award from Cabling Installation and Maintenance,” said Gary Portellas, Patton’s Sr. Product Manager for Connectivity. “Patton has been miniaturizing communication technologies for decades. The new CL-SFP is the smallest form factor Ethernet Extender ever.”
Capabilities. The CL-SFP is a Small Form-factor Pluggable (SFP) Ethernet extender that seamlessly integrates with routers, Ethernet switches, and media converters. The device extends Ethernet connections up to 3.8 miles (6.2 Km) over installed copper twisted pair—and achieves speeds up to 18 Mbps.
First to Market. Since creating the first Ethernet extender in the 1990s, Patton has brought dozens of SFP modules to market including Ethernet-over-Fiber, VoIP Gateways, Cyber Security Data Diodes, T1/E1 Pseudowires, ST2110 Video Gateways, and now the CopperLink SFP Ethernet-over-Copper module.
For more information about the CopperLink CL-SFP, go to patton.com/ethernet-extender/cl-sfp.
In related news, Patton recently achieved NIST SP 800-171 and CMMC Level 2 compliance, assuring stakeholders the company is committed and equipped to manage sensitive government data securely and responsibly.
About Cabling Installation & Maintenance
For 32 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation, and management of structured cabling systems serving enterprise, data-center, and other environments. These professionals are challenged to stay informed of constantly evolving standards, system design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.
About Patton
Patton is a world-renowned US manufacturer of networking and communications technology, products, and services. Patton produces a broad selection of technology solutions built on VoIP, Ethernet extension, wireless communication, and fiber-optic products. Founded in 1984 and headquartered in Gaithersburg, MD, USA, Patton has a strong global presence with a reputation for delivering innovative and reliable solutions to a diverse customer base. Let’s Connect!
Media Contact: Glendon Flowers | +1 301 975 1000 | press@patton.com
A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/9af7b194-2e20-4c6b-95f7-e03629e8ea9f
SOURCE: Patton Electronics Co.
--BERNAMA
Friday, 12 December 2025
Vedanta Resources Reports Second-Highest Ever Revenue and EBITDA in H1FY26
LONDON, Dec 8 (Bernama-BUSINESS WIRE) -- Vedanta Resources Limited (“VRL”/“Company”), world’s leading transition metals, critical minerals, energy, and technology company, delivered robust growth in revenue and EBITDA driven by favourable commodity prices and operational efficiencies. The company reported its second highest ever revenue of US$ 9,367 million in H1FY26, up 8% YoY.
The company achieved its second highest ever EBITDA at US$ 2,752 million, up 6% YoY, while delivering an industry leading EBITDA margin of 36%*, up 7 bps YoY. Profit After Tax (PAT) before special items stood at US$ 738 million with 7% YoY growth.
Vedanta Resources’ Net Debt to EBITDA ratio improved to 2.0x in H1FY26, with cash and cash equivalents of US$ 2,628 million. The return on capital employed remained at c.23%, reflecting disciplined and value-focused deployment across the portfolio. The Company refinanced $550 million of high-cost debt, reducing overall interest cost to ~10% and improving the average maturity to ~4.5 years.
S&P Global and Moody’s have upgraded Vedanta Resources’ outlook to Positive, while Fitch maintained its B+/Stable rating. This reflects the company’s strengthened credit profile, supported by disciplined refinancing efforts, and stable operating performance across key subsidiaries.
The company invested ~USD 0.9 billion in growth capex in the first half. It also delivered record production across multiple segments. Aluminium output reached 1,222 kt (+1%), Alumina achieved 1,240 kt (+19%), and Zinc India's mined metal production rose to 523 kt (+1%). Zinc International reported a substantial increase to 117 kt (+44%). Zinc India COP reduced 8% YoY, Zinc International COP declined 1% YoY, and Zinc India achieved its lowest first-half COP in five years. The group continues to strengthen its strategic mineral portfolio, securing three additional high-value critical mineral blocks, bringing the total allocated to 11.
Konkola Copper Mines ramped up production post-restart, achieving metal in concentrate volumes of 41 kt and finished good volumes of 51 kt. Notably, BALCO, Vedanta group’s aluminium company, produced its first metal from India’s most powerful 525 KA smelter, and Lanjigarh in Odisha delivered the first alumina from its expanded refinery. Merchant power capacity increased to 4.2 GW with the commissioning of Athena 600 MW and Meenakshi 1000 MW assets.
For more information, visit www.vedantaresources.com.
* Excluding copper custom smelting & one-off gain
View source version on businesswire.com: https://www.businesswire.com/news/home/20251204346302/en/
Contact
For any media queries, please contact:
Sonal Choithani,
Chief Brand & Communications Officer, Vedanta Group
Sonal.Choithani@vedanta.co.in
Source : Vedanta Resources Limited
--BERNAMA
Vedanta Resources’ Net Debt to EBITDA ratio improved to 2.0x in H1FY26, with cash and cash equivalents of US$ 2,628 million. The return on capital employed remained at c.23%, reflecting disciplined and value-focused deployment across the portfolio. The Company refinanced $550 million of high-cost debt, reducing overall interest cost to ~10% and improving the average maturity to ~4.5 years.
S&P Global and Moody’s have upgraded Vedanta Resources’ outlook to Positive, while Fitch maintained its B+/Stable rating. This reflects the company’s strengthened credit profile, supported by disciplined refinancing efforts, and stable operating performance across key subsidiaries.
The company invested ~USD 0.9 billion in growth capex in the first half. It also delivered record production across multiple segments. Aluminium output reached 1,222 kt (+1%), Alumina achieved 1,240 kt (+19%), and Zinc India's mined metal production rose to 523 kt (+1%). Zinc International reported a substantial increase to 117 kt (+44%). Zinc India COP reduced 8% YoY, Zinc International COP declined 1% YoY, and Zinc India achieved its lowest first-half COP in five years. The group continues to strengthen its strategic mineral portfolio, securing three additional high-value critical mineral blocks, bringing the total allocated to 11.
Konkola Copper Mines ramped up production post-restart, achieving metal in concentrate volumes of 41 kt and finished good volumes of 51 kt. Notably, BALCO, Vedanta group’s aluminium company, produced its first metal from India’s most powerful 525 KA smelter, and Lanjigarh in Odisha delivered the first alumina from its expanded refinery. Merchant power capacity increased to 4.2 GW with the commissioning of Athena 600 MW and Meenakshi 1000 MW assets.
For more information, visit www.vedantaresources.com.
* Excluding copper custom smelting & one-off gain
View source version on businesswire.com: https://www.businesswire.com/news/home/20251204346302/en/
Contact
For any media queries, please contact:
Sonal Choithani,
Chief Brand & Communications Officer, Vedanta Group
Sonal.Choithani@vedanta.co.in
Source : Vedanta Resources Limited
--BERNAMA
3DEGREES APPOINTS DAVID DINES TO BOARD OF DIRECTORS
KUALA LUMPUR, Dec 12 (Bernama) -- A renewable energy and climate solutions company, 3Degrees, has appointed veteran global executive David Dines to its Board of Directors, effective Dec 8.
According to a statement, at 3Degrees, Dines will chair the board’s Risk Management Committee and serve as a member of its Human Capital Committee.
“We are thrilled to welcome David to the 3Degrees board. His command of financial stewardship, global risk management, and large-scale operational transformation will be a crucial asset as we accelerate our next decade of growth,” said its Chief Executive Officer, Philippe Vedrenne.
Meanwhile, Dines said: “I am honoured to join the board of 3Degrees at a moment when climate leadership and innovative market solutions are more essential than ever.
“I admire 3Degrees’ role in helping organisations navigate decarbonisation with integrity, creativity, and impact and look forward to working with the board and management team to support the company’s continued leadership and expansion,” he added.
Dines brings more than 40 years of leadership experience spanning energy, commodities, financial services, transportation, and industrial markets. He previously served as Chief Financial Officer and Corporate Senior Vice President of Cargill Inc, overseeing enterprise financial strategy, capital deployment, and performance for the largest privately held company in the United States.
In addition to his corporate leadership roles, Dines serves on several boards, including Willamette Egg Farms and the J.F. Brennan Company, is a board observer at MyLand, and is an advisor to Proterra Investment Partners. He also holds leadership roles in the nonprofit sector, including at the Guthrie Theater and the Center for Creative Leadership.
-- BERNAMA
According to a statement, at 3Degrees, Dines will chair the board’s Risk Management Committee and serve as a member of its Human Capital Committee.
“We are thrilled to welcome David to the 3Degrees board. His command of financial stewardship, global risk management, and large-scale operational transformation will be a crucial asset as we accelerate our next decade of growth,” said its Chief Executive Officer, Philippe Vedrenne.
Meanwhile, Dines said: “I am honoured to join the board of 3Degrees at a moment when climate leadership and innovative market solutions are more essential than ever.
“I admire 3Degrees’ role in helping organisations navigate decarbonisation with integrity, creativity, and impact and look forward to working with the board and management team to support the company’s continued leadership and expansion,” he added.
Dines brings more than 40 years of leadership experience spanning energy, commodities, financial services, transportation, and industrial markets. He previously served as Chief Financial Officer and Corporate Senior Vice President of Cargill Inc, overseeing enterprise financial strategy, capital deployment, and performance for the largest privately held company in the United States.
In addition to his corporate leadership roles, Dines serves on several boards, including Willamette Egg Farms and the J.F. Brennan Company, is a board observer at MyLand, and is an advisor to Proterra Investment Partners. He also holds leadership roles in the nonprofit sector, including at the Guthrie Theater and the Center for Creative Leadership.
-- BERNAMA
AM BEST LIFTS NEW INDIA ASSURANCE OUTLOOK TO POSITIVE
KUALA LUMPUR, Dec 12 (Bernama) -- AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term issuer credit rating (Long-Term ICR) of “bbb+” (Good) of The New India Assurance Company Limited (New India).
Concurrently, the global credit rating agency in a statement said it has affirmed the India National Scale Rating (NSR) of aaa.IN (Exceptional) of New India with a stable outlook.
The rating actions reflect New India’s very strong balance sheet strength, adequate operating performance, favourable business profile and marginal enterprise risk management (ERM), with a neutral impact from its majority ownership by the Government of India.
The outlook revision follows an improving trend in New India’s ERM fundamentals. AM Best cited enhancements to the company’s risk management framework, stronger systems and controls, and progress in resolving longstanding audit qualifications.
AM Best expects New India to continue strengthening its ERM in the near to medium term through improved internal controls and account reconciliation to resolve outstanding audit matters.
The company’s balance sheet remains supported by risk-adjusted capitalisation at the strongest level in fiscal year 2025, based on Best’s Capital Adequacy Ratio. Its reinsurance assets are viewed as high quality, while its investment portfolio carries moderate risk.
Despite sizeable holdings in domestic equities that may introduce volatility, New India’s bond investments are largely in well-rated government and corporate bonds.
AM Best assesses New India’s operating performance as adequate, with a five-year average return on equity of 2.5 per cent (fiscal years 2021 to 2025). Fiscal year 2025 earnings declined due to lower investment returns and a one-off provision on old reinsurance balances, though underwriting performance improved.
However, robust investment income, including interest, dividends and realised equity gains, continues to provide a sizable contribution to overall earnings. Operating earnings remained positive in the first half of fiscal year 2026, driven by robust investment returns.
New India retains its position as India’s largest non-life insurer by gross premiums written. Its portfolio is moderately diversified, though concentrated in health insurance, while overseas branches and subsidiaries support its international footprint.
-- BERNAMA
Concurrently, the global credit rating agency in a statement said it has affirmed the India National Scale Rating (NSR) of aaa.IN (Exceptional) of New India with a stable outlook.
The rating actions reflect New India’s very strong balance sheet strength, adequate operating performance, favourable business profile and marginal enterprise risk management (ERM), with a neutral impact from its majority ownership by the Government of India.
The outlook revision follows an improving trend in New India’s ERM fundamentals. AM Best cited enhancements to the company’s risk management framework, stronger systems and controls, and progress in resolving longstanding audit qualifications.
AM Best expects New India to continue strengthening its ERM in the near to medium term through improved internal controls and account reconciliation to resolve outstanding audit matters.
The company’s balance sheet remains supported by risk-adjusted capitalisation at the strongest level in fiscal year 2025, based on Best’s Capital Adequacy Ratio. Its reinsurance assets are viewed as high quality, while its investment portfolio carries moderate risk.
Despite sizeable holdings in domestic equities that may introduce volatility, New India’s bond investments are largely in well-rated government and corporate bonds.
AM Best assesses New India’s operating performance as adequate, with a five-year average return on equity of 2.5 per cent (fiscal years 2021 to 2025). Fiscal year 2025 earnings declined due to lower investment returns and a one-off provision on old reinsurance balances, though underwriting performance improved.
However, robust investment income, including interest, dividends and realised equity gains, continues to provide a sizable contribution to overall earnings. Operating earnings remained positive in the first half of fiscal year 2026, driven by robust investment returns.
New India retains its position as India’s largest non-life insurer by gross premiums written. Its portfolio is moderately diversified, though concentrated in health insurance, while overseas branches and subsidiaries support its international footprint.
-- BERNAMA
Thursday, 11 December 2025
Abu Dhabi Launches FIDA Cluster to Shape the Next Generation of Financial and Investment Solutions
ABU DHABI, United Arab Emirates, Dec 11 (Bernama-BUSINESS WIRE) -- Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster to accelerate the development of next-generation financial and investment solutions and expand the emirate’s role as a global capital hub.
Spearheaded by the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO), the cluster is a core pillar of Abu Dhabi’s long-term economic diversification agenda. By 2045, FIDA is projected to contribute an additional USD 15.2 billion to Abu Dhabi’s direct GDP, generate 8,000 skilled jobs and attract at least USD 4.6 billion in investment, cementing the emirate’s position as a destination for innovative and resilient financial systems.
FIDA brings together high-growth areas where technology, regulation and capital intersect, including fintech, digital assets, insurance, reinsurance and alternative investments. It aims to position Abu Dhabi as a preferred jurisdiction for global firms seeking to design, test and scale new financial products within a stable, forward-looking regulatory environment.
H.E. Ahmed Jasim Al Zaabi, Chairman of ADDED, said: “Abu Dhabi’s economic strategy is built on the long-term horizon planning and the principle that capital, talent and innovation must flow through world-class infrastructure. The FIDA cluster is a structural investment for the future. By coordinating efforts across regulators, sovereign capital, financial institutions and innovators, FIDA strengthens the foundations of next generation finance and reinforces Abu Dhabi global positioning as the Capital of Capital.”
H.E. Badr Al-Olama, Director General of ADIO, commented: “FIDA marks a step-change in Abu Dhabi's role in global finance. We have the architecture of a global financial centre where digital innovation, fintech transformation and next-generation technologies meets long-term capital and forward-looking regulation from the outset. By bringing sovereign investors, regulators, global institutions and technology innovators into a single, connected cluster, Abu Dhabi is the preferred home for those building the future of digital assets, AI-powered financial solutions, and breakthrough fintech platforms.”
The cluster’s integrated programme pillars are designed to create a comprehensive, globally competitive financial ecosystem. FIDA will advance institutional-grade digital asset infrastructure and fintech platforms that meet international standards, expand insurance and reinsurance capacity to serve sophisticated risk management needs and establish consumer-protected long-term savings frameworks that strengthen financial resilience. It will also broaden access to diverse funding channels for small and medium-sized enterprises, including alternative lending, venture debt and growth capital solutions.
Sustainable finance is embedded across the cluster, with an emphasis on developing green and transition finance instruments aligned with Abu Dhabi's net-zero commitments. FIDA will also expand the emirate’s alternative assets landscape, creating a supportive environment for private equity, venture capital and real estate vehicles targeting global institutional investors.
The cluster provides tailored financial infrastructure for priority sectors including food and water innovation through the AgriFood Growth and Water Abundance (AGWA) cluster, life sciences through the Health, Endurance, Longevity and Medicine (HELM) cluster and mobility through the Smart and Autonomous Vehicles Industry (SAVI) cluster. This ensures innovative companies across the economy can access appropriate financing, manage risk and scale effectively.
Abu Dhabi’s position as the “Capital of Capital” is underpinned by USD 1.8 trillion in sovereign wealth, world-class regulatory frameworks and an extensive network of double-taxation, investment protection and trade agreements. Firms operating within FIDA benefit from efficient, treaty-backed access to major global markets across Europe, North America and Asia. This combination of capital depth, regulatory clarity and international connectivity positions Abu Dhabi to lead in fintech, reinsurance and alternative assets.
FIDA brings together a coordinated ecosystem of partners spanning regulation, financing, infrastructure, innovation and talent development. Regulatory oversight is led by the Ministry of Finance, Central Bank of the United Arab Emirates, ADGM and the Securities and Commodities Authority, which will collaborate to ensure cohesive and future-ready financial governance.
Financing partners, including sovereign wealth funds, family offices and the Khalifa Fund for Enterprise Development, will provide access to capital at different stages of growth. Infrastructure institutions covering pensions, payments, credit and insurance will support the delivery of global-standard financial products and services.
An innovation and R&D network led by Hub71, UAE University, Khalifa University of Science and Technology, Emirates Institute of Finance and ADGM Academy will focus on translating research into commercially viable financial technologies. The talent development network will advance skills in actuarial science, fintech engineering, quantitative finance and related disciplines, further strengthening Abu Dhabi's role as a pioneering financial solutions hub.
FIDA reinforces Abu Dhabi’s status as a next-generation global financial centre and advances the emirate’s ambition to become the preferred destination for those building the future of finance and investment management.
Source: AETOSWire
View source version on businesswire.com:
https://www.businesswire.com/news/home/20251210272808/en/
Contact
Neil Luis
00971505422125
Source : Abu Dhabi Investment Office
Spearheaded by the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Investment Office (ADIO), the cluster is a core pillar of Abu Dhabi’s long-term economic diversification agenda. By 2045, FIDA is projected to contribute an additional USD 15.2 billion to Abu Dhabi’s direct GDP, generate 8,000 skilled jobs and attract at least USD 4.6 billion in investment, cementing the emirate’s position as a destination for innovative and resilient financial systems.
FIDA brings together high-growth areas where technology, regulation and capital intersect, including fintech, digital assets, insurance, reinsurance and alternative investments. It aims to position Abu Dhabi as a preferred jurisdiction for global firms seeking to design, test and scale new financial products within a stable, forward-looking regulatory environment.
H.E. Ahmed Jasim Al Zaabi, Chairman of ADDED, said: “Abu Dhabi’s economic strategy is built on the long-term horizon planning and the principle that capital, talent and innovation must flow through world-class infrastructure. The FIDA cluster is a structural investment for the future. By coordinating efforts across regulators, sovereign capital, financial institutions and innovators, FIDA strengthens the foundations of next generation finance and reinforces Abu Dhabi global positioning as the Capital of Capital.”
H.E. Badr Al-Olama, Director General of ADIO, commented: “FIDA marks a step-change in Abu Dhabi's role in global finance. We have the architecture of a global financial centre where digital innovation, fintech transformation and next-generation technologies meets long-term capital and forward-looking regulation from the outset. By bringing sovereign investors, regulators, global institutions and technology innovators into a single, connected cluster, Abu Dhabi is the preferred home for those building the future of digital assets, AI-powered financial solutions, and breakthrough fintech platforms.”
The cluster’s integrated programme pillars are designed to create a comprehensive, globally competitive financial ecosystem. FIDA will advance institutional-grade digital asset infrastructure and fintech platforms that meet international standards, expand insurance and reinsurance capacity to serve sophisticated risk management needs and establish consumer-protected long-term savings frameworks that strengthen financial resilience. It will also broaden access to diverse funding channels for small and medium-sized enterprises, including alternative lending, venture debt and growth capital solutions.
Sustainable finance is embedded across the cluster, with an emphasis on developing green and transition finance instruments aligned with Abu Dhabi's net-zero commitments. FIDA will also expand the emirate’s alternative assets landscape, creating a supportive environment for private equity, venture capital and real estate vehicles targeting global institutional investors.
The cluster provides tailored financial infrastructure for priority sectors including food and water innovation through the AgriFood Growth and Water Abundance (AGWA) cluster, life sciences through the Health, Endurance, Longevity and Medicine (HELM) cluster and mobility through the Smart and Autonomous Vehicles Industry (SAVI) cluster. This ensures innovative companies across the economy can access appropriate financing, manage risk and scale effectively.
Abu Dhabi’s position as the “Capital of Capital” is underpinned by USD 1.8 trillion in sovereign wealth, world-class regulatory frameworks and an extensive network of double-taxation, investment protection and trade agreements. Firms operating within FIDA benefit from efficient, treaty-backed access to major global markets across Europe, North America and Asia. This combination of capital depth, regulatory clarity and international connectivity positions Abu Dhabi to lead in fintech, reinsurance and alternative assets.
FIDA brings together a coordinated ecosystem of partners spanning regulation, financing, infrastructure, innovation and talent development. Regulatory oversight is led by the Ministry of Finance, Central Bank of the United Arab Emirates, ADGM and the Securities and Commodities Authority, which will collaborate to ensure cohesive and future-ready financial governance.
Financing partners, including sovereign wealth funds, family offices and the Khalifa Fund for Enterprise Development, will provide access to capital at different stages of growth. Infrastructure institutions covering pensions, payments, credit and insurance will support the delivery of global-standard financial products and services.
An innovation and R&D network led by Hub71, UAE University, Khalifa University of Science and Technology, Emirates Institute of Finance and ADGM Academy will focus on translating research into commercially viable financial technologies. The talent development network will advance skills in actuarial science, fintech engineering, quantitative finance and related disciplines, further strengthening Abu Dhabi's role as a pioneering financial solutions hub.
FIDA reinforces Abu Dhabi’s status as a next-generation global financial centre and advances the emirate’s ambition to become the preferred destination for those building the future of finance and investment management.
Source: AETOSWire
View source version on businesswire.com:
https://www.businesswire.com/news/home/20251210272808/en/
Contact
Neil Luis
00971505422125
Source : Abu Dhabi Investment Office
Tuesday, 9 December 2025
HELICAL FUSION SIGNS JAPAN’S FIRST FUSION-ENERGY POWER PURCHASE AGREEMENT
 |
| Takaya Taguchi (left), CEO of Helical Fusion Co., Ltd. , and Masayuki Kono (right) Managing Director and Head of Administration Division of Aoki Super Co., Ltd. at the press conference held on December 8, 2025 |
KUALA LUMPUR, Dec 9 (Bernama) -- Helical Fusion Co Ltd (Helical Fusion) has signed a Power Purchase Agreement (PPA) for fusion energy with Aoki Super Co Ltd (Aoki Super), a major regional supermarket chain in central Japan.
The deal marks the first fusion-energy PPA in Japan, representing a concrete step toward real-world adoption of fusion power and signalling growing demand-side engagement in the emerging fusion energy value chain.
Under its Helix Program, Helical Fusion defined three non-negotiable requirements for a reliable fusion power source, namely steady-state operation, net electricity, and maintainability, according to a statement.
The company selected the Helical Stellarator design as the only approach capable of meeting all three using existing technology. Grounded in over 60 years of Japanese national fusion research, Helical Fusion has outlined a credible pathway to continuous, net-electricity operation.
The newly signed PPA demonstrates that Aoki Super, which requires large amounts of electricity daily to operate its stores, has evaluated the development plan and committed to purchasing fusion-generated power. Both companies view fusion energy as a foundation for environmentally responsible retail operations.
The agreement is also a key milestone for the Helix Program, which leverages Japan’s industrial value chain—from advanced manufacturing to end-users—to accelerate fusion energy commercialisation.
As part of its sustainability strategy, Aoki Super made a strategic investment in Helical Fusion in July 2025. Helical Fusion has raised approximately US$34 million in equity funding to date, with cumulative fundraising of around US$38 million. (US$1 = RM4.11)
-- BERNAMA
Friday, 5 December 2025
Cushman & Wakefield, BHP Extend Global Contract
KUALA LUMPUR, Dec 4 (Bernama) -- Cushman & Wakefield, a global real estate services firm, announced its Global Occupier Services (GOS) team has secured an off-market contract extension with BHP, one of the world’s leading resources companies.
The renewed agreement reaffirms Cushman & Wakefield’s position as a trusted partner in delivering an integrated suite of workplace and real estate services across BHP’s global corporate office portfolio.
“BHP made the decision to exercise its option to extend our agreement. We very much appreciate the trust and commitment this demonstrates in our expanding partnership,” said Cushman & Wakefield Head of Global Occupier Services, Asia Pacific, Cameron Ahrens in a statement.
BHP cited Cushman & Wakefield’s strong operational performance, collaborative approach and shared commitment to cost containment and innovation, particularly its support of BHP’s Workplace Digital and AI Roadmap, as key factors for the renewal.
The partnership covers 12 countries, 19 offices and over 1.466 million square feet across Australia, Asia, North America, South America and the United Kingdom. Under the extended agreement, Cushman & Wakefield will deliver an expanded range of services, including facilities management, workplace experience, workplace design standards, procurement and other workplace and real estate functions.
The partnership, which began in 2017 and expanded to a global engagement in 2021, reinforces both organisations’ commitment to delivering high-performance workplaces that support people, productivity and sustainability across BHP’s global footprint.
Cushman & Wakefield employs approximately 52,000 people across nearly 400 offices in 60 countries and has received numerous industry and business accolades for its corporate culture.
-- BERNAMA
EZVIZ Bags International Innovation Awards For AI Wild Animal Detection
KUALA LUMPUR, Dec 4 (Bernama) -- EZVIZ has reached a major milestone with its first-ever win at the International Innovation Awards, recognised for its breakthrough artificial intelligence (AI)-powered Wild Animal Detection.
Debuting on the brand’s signature outdoor lineup, the EB8 Pro Series ushers in a new era of smart outdoor monitoring. The innovation significantly broadens the applications of outdoor cameras while reinforcing fundamentals such as connectivity, power endurance, imaging performance, and environmental resilience.
The International Innovation Awards, renowned for celebrating the world’s most impactful and forward-looking innovations, sets rigorous standards for solutions that redefine industry benchmarks.
For EZVIZ, earning recognition on this stage for the first time underscores the originality and real-world value of its technology, according to a company statement.
To address the growing unpredictability of wildlife activity around human living spaces, the EB8 Pro Series introduces dedicated AI-powered detection. This allows the cameras to identify animal presence in real time, sending alerts via the EZVIZ app that are timely, relevant, and actionable.
This added intelligence extends protection beyond typical household monitoring to locations closer to nature or areas exposed to incidental wildlife movement. Users—from residents near open landscapes to caretakers of shared outdoor spaces—benefit from earlier cues, clearer context, and confidence in understanding surroundings before potential risks emerge.
EZVIZ’s wild-animal detection is supported by a strengthened outdoor backbone. With Wi-Fi 6 and 4G switching automatically, the cameras stay online and responsive even in areas with unstable networks.
Endurance is enhanced through AOV 2.0 technology and solar-powered flexibility, keeping systems operational for extended periods with minimal maintenance. High-clarity imaging paired with smooth, far-reaching rotation ensures a broader, more detailed view of the surroundings.
-- BERNAMA
Acuity Knowledge Partners rebrands to Acuity Analytics and launches new website
LONDON and NEW YORK, Dec 3 (Bernama-GLOBE NEWSWIRE) -- Acuity Knowledge Partners today announced its rebrand to Acuity Analytics, the new trading name for the firm. This change reflects the firm’s journey into a global leader in insight, analytics, data and AI-enabled solutions. The new brand is supported by a redesigned website that gives clients a clear and up to date view of the firm’s expanded capabilities and the integrated business that Acuity has become.
For 23 years, Acuity’s success has been driven by its people. The firm has been built on deep domain expertise, strong analytical judgement, insightful research and a commitment to delivering high-quality services for financial services clients. From this foundation, Acuity Analytics is growing into new industries, new capabilities and new markets, forging deep and long-standing partnerships with many of the world’s leading financial institutions.
As client needs and technology have evolved, so has the business. Acuity Analytics now brings together over 7,200 specialists across 28 global locations, supporting 800+ clients with research, analytics, data and operational solutions. The firm has also expanded its engineering, cloud and digital capabilities through the integration of PPA Group in 2024 and Ascent in 2025, strengthening its ability to deliver more complete, end-to-end support, aligned to evolving client needs.
Technology, and specifically AI, now play a central role in Acuity Analytics’ work, but people remain at the core. The firm’s strategy is built on the principle that AI is most effective when it is guided by specialists who deeply understand client data, workflows and decision-making. Acuity’s proprietary agentic AI platform, Agent Fleet, enhances delivery by automating routine tasks and improving speed and accuracy, while domain experts ensure every output meets the standards, bespoke requirements and judgement clients expect. This human in the loop approach is now fundamental to how the firm delivers insight, innovation and impact.
The new Acuity Analytics website reflects this evolution. Designed around client needs, it provides a clear structure, showcases the firm’s blend of talent, technology and capability, and makes it easy for clients to understand how Acuity Analytics can support their priorities, whether through dedicated teams, AI-enabled workflows or broader digital transformation.
Robert King, Chief Executive Officer, Acuity Analytics, said:
“Our people have always been the heart of this business. Their expertise and commitment are the reason we’ve grown to partnering with over 800 institutions globally. At the same time, we’ve recognised the opportunity that technology and AI bring to our work. This rebrand captures that journey; a business built on exceptional people, now strengthened by advanced technology. I’m incredibly proud of what Acuity Analytics has become and excited about what this next chapter means for our clients and our staff.”
Emma Crabtree, Chief Revenue Officer, Acuity Analytics, said:
“Clients want partners who understand their industry and can support them with both specialist talent and modern technology. Our evolution to Acuity Analytics reflects that. The new brand and website give clients a clearer view of our full capability and how we combine domain expertise, data, digital and AI to deliver measurable impact. This positions us to support clients even more effectively as their needs continue to evolve and we enable them on that journey.”
About Acuity Analytics
Acuity Analytics is the trading name of Acuity Knowledge Partners, a global leader in delivering bespoke research, data management, analytics and AI-enabled solutions to financial institutions and corporates. With more than 7,200 analysts, data specialists and technologists across 28 locations, the firm combines deep financial-services expertise with strong engineering, digital and AI capability. Acuity supports over 800 organisations in enhancing efficiency, improving insight and unlocking human potential.
Acuity was established as a separate business from Moody’s Corporation in 2019 following its acquisition by Equistone Partners Europe. In January 2023, funds advised by global private equity firm Permira acquired a majority stake, with Equistone remaining invested as a minority shareholder.
For more information, visit www.acuityanalytics.com
Media enquiries:
Stuti Das
Global Head of Communications and PR
Acuity Analytics
stuti.das@acuitykp.com
SOURCE: Acuity Knowledge Partners (UK) Limited
--BERNAMA
As client needs and technology have evolved, so has the business. Acuity Analytics now brings together over 7,200 specialists across 28 global locations, supporting 800+ clients with research, analytics, data and operational solutions. The firm has also expanded its engineering, cloud and digital capabilities through the integration of PPA Group in 2024 and Ascent in 2025, strengthening its ability to deliver more complete, end-to-end support, aligned to evolving client needs.
Technology, and specifically AI, now play a central role in Acuity Analytics’ work, but people remain at the core. The firm’s strategy is built on the principle that AI is most effective when it is guided by specialists who deeply understand client data, workflows and decision-making. Acuity’s proprietary agentic AI platform, Agent Fleet, enhances delivery by automating routine tasks and improving speed and accuracy, while domain experts ensure every output meets the standards, bespoke requirements and judgement clients expect. This human in the loop approach is now fundamental to how the firm delivers insight, innovation and impact.
The new Acuity Analytics website reflects this evolution. Designed around client needs, it provides a clear structure, showcases the firm’s blend of talent, technology and capability, and makes it easy for clients to understand how Acuity Analytics can support their priorities, whether through dedicated teams, AI-enabled workflows or broader digital transformation.
Robert King, Chief Executive Officer, Acuity Analytics, said:
“Our people have always been the heart of this business. Their expertise and commitment are the reason we’ve grown to partnering with over 800 institutions globally. At the same time, we’ve recognised the opportunity that technology and AI bring to our work. This rebrand captures that journey; a business built on exceptional people, now strengthened by advanced technology. I’m incredibly proud of what Acuity Analytics has become and excited about what this next chapter means for our clients and our staff.”
Emma Crabtree, Chief Revenue Officer, Acuity Analytics, said:
“Clients want partners who understand their industry and can support them with both specialist talent and modern technology. Our evolution to Acuity Analytics reflects that. The new brand and website give clients a clearer view of our full capability and how we combine domain expertise, data, digital and AI to deliver measurable impact. This positions us to support clients even more effectively as their needs continue to evolve and we enable them on that journey.”
About Acuity Analytics
Acuity Analytics is the trading name of Acuity Knowledge Partners, a global leader in delivering bespoke research, data management, analytics and AI-enabled solutions to financial institutions and corporates. With more than 7,200 analysts, data specialists and technologists across 28 locations, the firm combines deep financial-services expertise with strong engineering, digital and AI capability. Acuity supports over 800 organisations in enhancing efficiency, improving insight and unlocking human potential.
Acuity was established as a separate business from Moody’s Corporation in 2019 following its acquisition by Equistone Partners Europe. In January 2023, funds advised by global private equity firm Permira acquired a majority stake, with Equistone remaining invested as a minority shareholder.
For more information, visit www.acuityanalytics.com
Media enquiries:
Stuti Das
Global Head of Communications and PR
Acuity Analytics
stuti.das@acuitykp.com
SOURCE: Acuity Knowledge Partners (UK) Limited
--BERNAMA
Thursday, 4 December 2025
Bitget Supports Grassroots Football at LALIGA Youth Tournament in Manila
VICTORIA, Seychelles, Dec 2 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), took part in LALIGA's Youth Tournament in Manila, supporting one of Asia's most exciting grassroots football events focused on promoting sport, community, and camaraderie. Held from 14–16 November at the New Clark City Athletics Stadium, the tournament brought together more than 7,000 young players, families, and coaches for three days of competition, community spirit, and youth development.
Bitget's presence centered on creating a welcoming space for parents and children through its Blockchain4Youth initiative. The booth featured a simple penalty shoot-out activity where kids could unwind between matches, with successful attempts rewarded with complimentary refreshments and LALIGA x Bitget branded items. For many families, it became an easy meeting point, offering shade, water, and moments of fun amid a packed tournament schedule.
The event was designed purely around community value. Bitget chose to support an event that was centered around discipline, teamwork, and sportsmanship, qualities that are closely related to the company's long-standing youth empowerment initiatives, rather than showcasing products or platforms. Across the weekend, the booth drew long lines of young participants, reinforcing the tournament's festive atmosphere while creating positive touchpoints with parents and local football communities.
"I've always believed that the love for football starts early, often on the streets or fields just like this," said Ignacio Aguirre, Chief Marketing Officer at Bitget. "Being part of LALIGA's Youth Tournament means a lot to us because it's about supporting passion at the age where it matters most. These kids play with joy, ambition, and imagination, the same qualities that shape great futures, whether in sports or beyond."
After matchday festivities, viewing parties, and school outreach initiatives throughout the year, the activation was the most recent phase of Bitget's broader partnership with LALIGA across Asia. Given that the Philippines is one of the most active sports communities in Southeast Asia, Bitget had a chance to quietly and positively contribute to the competition, fostering cultural ties without using commercial messaging.
Partnerships like this demonstrate Bitget's conviction that technology and culture flourish when rooted in authentic communities, as it continues to develop into a comprehensive Universal Exchange (UEX). One of the most crucial strategies for fostering trust and developing young people in the area is still to support youth sports.
About Bitget
Established in 2018, Bitget is the world's largest Universal Exchange (UEX), serving over 120 million users with access to millions of crypto tokens, tokenized stocks, ETFs, and other real-world assets, while offering real-time access to Bitcoin price, Ethereum price, XRP price, and other cryptocurrency prices, all on a single platform. The ecosystem is committed to helping users trade smarter with its AI-powered trading tools, interoperability across tokens on Bitcoin, Ethereum, Solana, and BNB Chain, and wider access to real-world assets. On the decentralized side, Bitget Wallet is an everyday finance app built to make crypto simple, secure, and part of everyday finance. Serving over 80 million users, it bridges blockchain rails with real-world finance, offering an all-in-one platform for on- and off-ramping, trading, earning, and paying seamlessly.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
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SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
The event was designed purely around community value. Bitget chose to support an event that was centered around discipline, teamwork, and sportsmanship, qualities that are closely related to the company's long-standing youth empowerment initiatives, rather than showcasing products or platforms. Across the weekend, the booth drew long lines of young participants, reinforcing the tournament's festive atmosphere while creating positive touchpoints with parents and local football communities.
"I've always believed that the love for football starts early, often on the streets or fields just like this," said Ignacio Aguirre, Chief Marketing Officer at Bitget. "Being part of LALIGA's Youth Tournament means a lot to us because it's about supporting passion at the age where it matters most. These kids play with joy, ambition, and imagination, the same qualities that shape great futures, whether in sports or beyond."
After matchday festivities, viewing parties, and school outreach initiatives throughout the year, the activation was the most recent phase of Bitget's broader partnership with LALIGA across Asia. Given that the Philippines is one of the most active sports communities in Southeast Asia, Bitget had a chance to quietly and positively contribute to the competition, fostering cultural ties without using commercial messaging.
Partnerships like this demonstrate Bitget's conviction that technology and culture flourish when rooted in authentic communities, as it continues to develop into a comprehensive Universal Exchange (UEX). One of the most crucial strategies for fostering trust and developing young people in the area is still to support youth sports.
About Bitget
Established in 2018, Bitget is the world's largest Universal Exchange (UEX), serving over 120 million users with access to millions of crypto tokens, tokenized stocks, ETFs, and other real-world assets, while offering real-time access to Bitcoin price, Ethereum price, XRP price, and other cryptocurrency prices, all on a single platform. The ecosystem is committed to helping users trade smarter with its AI-powered trading tools, interoperability across tokens on Bitcoin, Ethereum, Solana, and BNB Chain, and wider access to real-world assets. On the decentralized side, Bitget Wallet is an everyday finance app built to make crypto simple, secure, and part of everyday finance. Serving over 80 million users, it bridges blockchain rails with real-world finance, offering an all-in-one platform for on- and off-ramping, trading, earning, and paying seamlessly.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Tuesday, 2 December 2025
North Atlantic France SAS successfully completes the acquisition of a controlling stake in Esso Société Anonyme Française SA and of 100% of ExxonMobil Chemical France SAS, two independent companies of the ExxonMobil group
Paris, FRANCE, Dec 1 (Bernama-GLOBE NEWSWIRE) --
North Atlantic France SAS successfully completes the acquisition of a controlling stake in Esso Société Anonyme Française SA and of 100% of ExxonMobil Chemical France SAS, two independent companies of the ExxonMobil group
· Successful completion of the acquisition by North Atlantic France SAS (“North Atlantic France”) of the 82.89% controlling interest of ExxonMobil France Holding SAS (“ExxonMobil”) in French listed company Esso Société Anonyme Française SA (“Esso S.A.F.”) at €26.19 per share and 100% of unlisted company ExxonMobil Chemical France SAS (“EMCF”)
· Clearance of both French Foreign Direct Investment authorization and EU Foreign Subsidies Regulation
· Esso S.A.F. now operating under its new name: North Atlantic Energies
· North Atlantic reaffirms its long-term commitment to the Gravenchon site, its employees, and France’s energy and industrial future
· Mandatory tender offer to be launched for the remaining Esso S.A.F. shares at €28.93¹ per share
Paris, FRANCE – November 28, 2025 – North Atlantic France today announces the successful closing of its acquisition of an 82.89% controlling interest in Esso S.A.F. at €26.19 per share and 100% of EMCF from ExxonMobil following a competitive auction process initiated in 2024.
The transaction has received all required regulatory approvals, including French foreign direct investment authorization and clearance under the EU Foreign Subsidies Regulation. As of today’s closing, Esso S.A.F. is renamed North Atlantic Energies, paving the way for the beginning of a new chapter for a key player of France’s energy and industrial landscape.
Ted Lomond, President and CEO of North Atlantic Group, said:
“This acquisition represents a major step forward in North Atlantic’s international expansion. Over the past four decades, we have successfully transformed and operated complex industrial assets across Canada, combining safety, performance, and sustainability. We bring that same commitment to France, where we aim to invest for the long term and support the energy transition. With the creation of North Atlantic Energies, we are proud to establish a bridge between North America and Europe which reflects our ambition to build a premier transatlantic energy group.”
Simon Fenner, President of North Atlantic France, added:
“Today marks the start of a new chapter for North Atlantic Energies, and a strong signal of our long-term confidence in the Gravenchon site and its teams. I am proud of all the teams involved in making this transition a success, and of our shared ambition to strengthen Gravenchon’s position as a world-class industrial platform in the years to come. We see major opportunities to invest, to grow, and to contribute to the vitality of the Normandy region and to France’s energy and industrial future.”
North Atlantic will ensure that North Atlantic Energies sustains its commitment to maintaining the highest standards of product quality and service, and to sustaining trusted relationships with its customers across France and beyond. North Atlantic Energies will also continue to collaborate with ExxonMobil under long-term supply and technology agreements that ensure operational continuity while supporting innovation and reliability.
Next steps
In accordance with French securities law, North Atlantic France will implement a simplified tender offer (the “Offer”) for the remaining North Atlantic Energies shares not already held by North Atlantic France, at an Offer price of €28.93 per share. In this context, and as previously disclosed, the board of directors of Esso S.A.F, now North Atlantic Energies, has appointed Ledouble SAS, represented by Ms. Agnès Piniot and Mr. Romain Delafont, as an independent expert to issue a fairness opinion on the financial terms of the Offer which North Atlantic France intends to file with the AMF upon completion of the independent expert's work. North Atlantic France also intends to implement a squeeze-out procedure if the conditions are met at the end of the Offer.
MEDIA CONTACTS
France: Brunswick Group - northatlantic@brunswickgroup.com
Hugues Boëton: +33 6 79 99 27 15
Paul Priam: +33 6 84 39 09 89
Canada: Mark Duggan - markduggan@northatlantic.ca
+1-709-687-3136
ABOUT NORTH ATLANTIC
For nearly four decades, North Atlantic has been a market leader in the retail gas and convenience sector, as well as the residential, commercial, and wholesale fuel industries in Newfoundland and Labrador. Recently, through a joint venture with Suncor Energy, North Atlantic expanded its retail division into Nova Scotia and Prince Edward Island, through North Sun Energy. As managing partner, North Atlantic operates 110 fuel retail sites across all three provinces. North Atlantic has ambitious plans for future growth and development in strategic locations across the region.
Known for its expertise in acquiring and delivering exceptional products, North Atlantic caters to both domestic and industrial sectors while also serving global clients through their marine bunkering distribution channels.
North Atlantic is committed to strategic growth to deliver innovative and green energy solutions aligned with evolving global needs. By driving industry progress, North Atlantic is supporting new skills and new jobs for this dynamic landscape. North Atlantic remains committed to providing exceptional energy, fuel and convenience retail initiatives that enhance customer experience while fostering economic growth in the communities they serve in Canada and beyond.
¹The difference between the €28.93 per share Offer price and the €26.19 per share block purchase price reflects the exclusion, for purposes of the price offered to minority shareholders, of the downward purchase price adjustment agreed with ExxonMobil in respect of certain post‑closing social liabilities, as previously disclosed on September 24, 2025 and November 10, 2025.
France: Brunswick Group - northatlantic@brunswickgroup.com
Hugues Boëton: +33 6 79 99 27 15
Paul Priam: +33 6 84 39 09 89
Canada: Mark Duggan - markduggan@northatlantic.ca
+1-709-687-3136
SOURCE: North Atlantic
--BERNAMA
· Successful completion of the acquisition by North Atlantic France SAS (“North Atlantic France”) of the 82.89% controlling interest of ExxonMobil France Holding SAS (“ExxonMobil”) in French listed company Esso Société Anonyme Française SA (“Esso S.A.F.”) at €26.19 per share and 100% of unlisted company ExxonMobil Chemical France SAS (“EMCF”)
· Clearance of both French Foreign Direct Investment authorization and EU Foreign Subsidies Regulation
· Esso S.A.F. now operating under its new name: North Atlantic Energies
· North Atlantic reaffirms its long-term commitment to the Gravenchon site, its employees, and France’s energy and industrial future
· Mandatory tender offer to be launched for the remaining Esso S.A.F. shares at €28.93¹ per share
Paris, FRANCE – November 28, 2025 – North Atlantic France today announces the successful closing of its acquisition of an 82.89% controlling interest in Esso S.A.F. at €26.19 per share and 100% of EMCF from ExxonMobil following a competitive auction process initiated in 2024.
The transaction has received all required regulatory approvals, including French foreign direct investment authorization and clearance under the EU Foreign Subsidies Regulation. As of today’s closing, Esso S.A.F. is renamed North Atlantic Energies, paving the way for the beginning of a new chapter for a key player of France’s energy and industrial landscape.
Ted Lomond, President and CEO of North Atlantic Group, said:
“This acquisition represents a major step forward in North Atlantic’s international expansion. Over the past four decades, we have successfully transformed and operated complex industrial assets across Canada, combining safety, performance, and sustainability. We bring that same commitment to France, where we aim to invest for the long term and support the energy transition. With the creation of North Atlantic Energies, we are proud to establish a bridge between North America and Europe which reflects our ambition to build a premier transatlantic energy group.”
Simon Fenner, President of North Atlantic France, added:
“Today marks the start of a new chapter for North Atlantic Energies, and a strong signal of our long-term confidence in the Gravenchon site and its teams. I am proud of all the teams involved in making this transition a success, and of our shared ambition to strengthen Gravenchon’s position as a world-class industrial platform in the years to come. We see major opportunities to invest, to grow, and to contribute to the vitality of the Normandy region and to France’s energy and industrial future.”
North Atlantic will ensure that North Atlantic Energies sustains its commitment to maintaining the highest standards of product quality and service, and to sustaining trusted relationships with its customers across France and beyond. North Atlantic Energies will also continue to collaborate with ExxonMobil under long-term supply and technology agreements that ensure operational continuity while supporting innovation and reliability.
Next steps
In accordance with French securities law, North Atlantic France will implement a simplified tender offer (the “Offer”) for the remaining North Atlantic Energies shares not already held by North Atlantic France, at an Offer price of €28.93 per share. In this context, and as previously disclosed, the board of directors of Esso S.A.F, now North Atlantic Energies, has appointed Ledouble SAS, represented by Ms. Agnès Piniot and Mr. Romain Delafont, as an independent expert to issue a fairness opinion on the financial terms of the Offer which North Atlantic France intends to file with the AMF upon completion of the independent expert's work. North Atlantic France also intends to implement a squeeze-out procedure if the conditions are met at the end of the Offer.
MEDIA CONTACTS
France: Brunswick Group - northatlantic@brunswickgroup.com
Hugues Boëton: +33 6 79 99 27 15
Paul Priam: +33 6 84 39 09 89
Canada: Mark Duggan - markduggan@northatlantic.ca
+1-709-687-3136
ABOUT NORTH ATLANTIC
For nearly four decades, North Atlantic has been a market leader in the retail gas and convenience sector, as well as the residential, commercial, and wholesale fuel industries in Newfoundland and Labrador. Recently, through a joint venture with Suncor Energy, North Atlantic expanded its retail division into Nova Scotia and Prince Edward Island, through North Sun Energy. As managing partner, North Atlantic operates 110 fuel retail sites across all three provinces. North Atlantic has ambitious plans for future growth and development in strategic locations across the region.
Known for its expertise in acquiring and delivering exceptional products, North Atlantic caters to both domestic and industrial sectors while also serving global clients through their marine bunkering distribution channels.
North Atlantic is committed to strategic growth to deliver innovative and green energy solutions aligned with evolving global needs. By driving industry progress, North Atlantic is supporting new skills and new jobs for this dynamic landscape. North Atlantic remains committed to providing exceptional energy, fuel and convenience retail initiatives that enhance customer experience while fostering economic growth in the communities they serve in Canada and beyond.
¹The difference between the €28.93 per share Offer price and the €26.19 per share block purchase price reflects the exclusion, for purposes of the price offered to minority shareholders, of the downward purchase price adjustment agreed with ExxonMobil in respect of certain post‑closing social liabilities, as previously disclosed on September 24, 2025 and November 10, 2025.
France: Brunswick Group - northatlantic@brunswickgroup.com
Hugues Boëton: +33 6 79 99 27 15
Paul Priam: +33 6 84 39 09 89
Canada: Mark Duggan - markduggan@northatlantic.ca
+1-709-687-3136
SOURCE: North Atlantic
--BERNAMA
SATO VIETNAM IMPLEMENTS RFID LABEL SOLUTION FOR HAYABUSA, BOOSTING SUPPLY CHAIN TRACEABILITY
KUALA LUMPUR, Dec 2 (Bernama) -- SATO Vietnam Solutions Co Ltd, part of the global SATO Group, has deployed an RFID label printing solution for Hayabusa Vietnam Co Ltd, enhancing operational efficiency, cost control, and traceability at its Vietnam factory.
By assigning each product a unique identity, Hayabusa can track items throughout the supply chain, improving inventory accuracy, reducing errors, and ensuring full traceability from production to sale, according to a statement.
Hayabusa, a globally trusted freshwater and saltwater fishing hook manufacturer supplying major international retailers, faced a new RFID tagging mandate from one of its customers as part of efforts to enhance supply chain visibility through item-level serialisation.
“As RFID tagging becomes the new global retail standard, SATO will continue helping manufacturers achieve compliance and scale their RFID adoption—from label printing to advanced solutions like RFID tunnels for automated verification of goods receiving and shipping,” said SATO Vietnam Solutions Sales Supervisor, Tran Chanh Trung.
Meanwhile, Hayabusa Production Manager, Tochigi Masashi said: “SATO gave us not just a product but a complete solution. We can print the exact quantity of RFID labels we need onsite — no minimum orders, no duplication. It gives us total peace of mind.”
Building on years of barcode labelling collaboration, SATO implemented its RFID Vendor Tagging solution, enabling Hayabusa to print and encode EPC-compliant RFID labels onsite efficiently. Operators scan a barcode to trigger label printing, with each label uniquely encoded and managed securely in the cloud.
SATO also worked closely with its label partner, Avery Dennison, to supply RFID tags pre-approved by the global retailer, giving Hayabusa confidence in every shipment.
The project highlights how an RFID technology partner can deliver hardware, expertise, and systems support to keep manufacturers compliant today and ready for future supply chain requirements.
-- BERNAMA
Thursday, 27 November 2025
Slovenia Launches Digital Nomad Visa: A Gateway to Europe’s Green Oasis of Culture, Nature and Innovation
LJUBLJANA, Slovenia, Nov 24 (Bernama-GLOBE NEWSWIRE) -- On 21 November 2025, Slovenia is launching its new Digital Nomad Visa, inviting remote workers to stay and work in the country for up to one year. With its pristine nature, culture and modern digital infrastructure, Slovenia provides an ideal environment for productive and balanced living. The Slovenian Tourist Board has launched a dedicated landing page with all essential information for future applicants.
Often described as Europe’s green heart, Slovenia is a land where natural beauty is always just a few steps away. Two-thirds of the country is covered by forests, and one-third of its territory is protected. Alpine peaks, crystal-clear lakes, ancient vineyards, sun-kissed Mediterranean coastlines and rolling green hills coexist within short distances, making Slovenia perfect for digital nomads and remote workers.
Slovenia’s cities—Ljubljana, Maribor, Koper, Celje and others—combine historical charm with contemporary creativity. Ljubljana, a proud European Green Capital, enchants visitors with pedestrian-friendly streets, tranquil riverbanks, vibrant cultural life and abundant green spaces. Culinary tradition thrives throughout the country, with influences from Alpine, Mediterranean and Pannonian regions blending into a rich gastronomic identity. From local markets to Michelin-starred restaurants, Slovenia celebrates authentic flavours and sustainable practices.
While rich in natural beauty, Slovenia remains a modern, connected and innovation-driven nation. High-speed internet covers almost the entire country, while coworking spaces, tech parks and start-up hubs support collaboration and professional growth. According to the Global Peace Index (GPI), Slovenia has consistently maintained its position as one of the safest countries in the world. In 2025, it secured the impressive 9th position.
One of Slovenia’s greatest strengths lies in its remarkable compactness. In just one hour, travellers can move from the vibrant streets of Ljubljana to Alpine trails or Adriatic shores — and in two, to the rolling wine regions of the east. This geographic convenience allows remote workers to enjoy a lifestyle where leisure and exploration naturally complement professional routines.
Home to globally recognised innovators such as Outfit7, Celtra, Dewesoft, GenePlanet, Mediately and Juicy Marbles, Slovenia embodies a forward-looking spirit grounded in tradition, nature and community.
With the new Digital Nomad Visa, Slovenia warmly welcomes remote workers to discover a destination where natural beauty, culture and innovation flourish side by side.
More information: https://www.slovenia.info/en/plan-your-trip/digital-nomad
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58c620ae-00ec-4ef4-8f60-82e533dbf3ca
Contacts: press@slovenia.info
SOURCE: Slovenian Tourist Board
--BERNAMA
Slovenia’s cities—Ljubljana, Maribor, Koper, Celje and others—combine historical charm with contemporary creativity. Ljubljana, a proud European Green Capital, enchants visitors with pedestrian-friendly streets, tranquil riverbanks, vibrant cultural life and abundant green spaces. Culinary tradition thrives throughout the country, with influences from Alpine, Mediterranean and Pannonian regions blending into a rich gastronomic identity. From local markets to Michelin-starred restaurants, Slovenia celebrates authentic flavours and sustainable practices.
While rich in natural beauty, Slovenia remains a modern, connected and innovation-driven nation. High-speed internet covers almost the entire country, while coworking spaces, tech parks and start-up hubs support collaboration and professional growth. According to the Global Peace Index (GPI), Slovenia has consistently maintained its position as one of the safest countries in the world. In 2025, it secured the impressive 9th position.
One of Slovenia’s greatest strengths lies in its remarkable compactness. In just one hour, travellers can move from the vibrant streets of Ljubljana to Alpine trails or Adriatic shores — and in two, to the rolling wine regions of the east. This geographic convenience allows remote workers to enjoy a lifestyle where leisure and exploration naturally complement professional routines.
Home to globally recognised innovators such as Outfit7, Celtra, Dewesoft, GenePlanet, Mediately and Juicy Marbles, Slovenia embodies a forward-looking spirit grounded in tradition, nature and community.
With the new Digital Nomad Visa, Slovenia warmly welcomes remote workers to discover a destination where natural beauty, culture and innovation flourish side by side.
More information: https://www.slovenia.info/en/plan-your-trip/digital-nomad
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/58c620ae-00ec-4ef4-8f60-82e533dbf3ca
Contacts: press@slovenia.info
SOURCE: Slovenian Tourist Board
--BERNAMA
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