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  • MIL-OSI Asia-Pac: CHP announces one new melioidosis case

    Source: Hong Kong Government special administrative region

    CHP announces one new melioidosis case
    CHP announces one new melioidosis case
    **************************************

         The Centre for Health Protection (CHP) of the Department of Health today (January 28) said that one new melioidosis case had been recorded in the past four days (January 24 to 27).     The case involves a 70-year-old male with underlying illnesses who lives in Sham Shui Po. He developed dysuria with difficulty in passing urine on January 21. He attended Caritas Medical Centre the next day and was admitted for treatment. His clinical sample was confirmed to be positive for Burkholderia pseudomallei upon testing.     The CHP is investigating the infection source of the case. Epidemiological investigations are ongoing.      So far, two melioidosis cases have been recorded in Hong Kong this year. In 2024, 23 melioidosis cases were recorded.     A spokesman for the CHP stressed that person-to-person transmission and animal-to-human transmission are rare, but the bacteria causing melioidosis can survive in the local environment. Melioidosis is an endemic disease in Hong Kong and melioidosis cases have been recorded in Hong Kong each year.      According to literature, melioidosis cases are more common after typhoons or rainstorms. The bacterium Burkholderia pseudomallei in soil and muddy water may become exposed to the ground after typhoons or rainstorms, and the bacteria could spread more easily with strong winds or rainstorms. As such, the number of melioidosis cases may increase.     With this in mind, the spokesman reminded members of the public that, where practicable, people should stay indoors during typhoons and rainstorms, avoid travelling to areas with potential flooding, and do not wade in or have contact with muddy water and soil. In addition, high-risk individuals should avoid paths near stormwater drains where aerosols may be generated from contaminated water.     Members of the public should also take the following preventive measures against infection: 

    Avoid contact with contaminated soil;
    Wear appropriate protective clothing or footwear when participating in activities with possible contact with soil or water, e.g. using gloves and wearing boots. High-risk individuals may also consider wearing a surgical mask;
    Wash or shower after exposure to contaminated water or soil;
    Always clean any wounds as soon as possible and cover them with waterproof dressings;
    Wash hands with liquid soap and water after handling soil or gardening;
    Observe food hygiene and avoid drinking raw water; and
    Travellers can contract the disease through outdoor water sports. Risk of infection can be minimised by avoiding exposure to water sources (such as rivers, ponds or lakes) that might be contaminated.

         ​     ​The CHP appealed to members of the public to seek medical advice if they develop symptoms, in particular people with diabetes or other immunocompromising conditions, in order to receive an appropriate medical diagnosis and treatment. For more information on melioidosis, please visit the website of the CHP at www.chp.gov.hk/en/healthtopics/content/24/101110.html.

     
    Ends/Tuesday, January 28, 2025Issued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News –

    January 28, 2025
  • MIL-OSI United Kingdom: Stricter age-verification checks for all knife retailers

    Source: United Kingdom – Executive Government & Departments

    Stricter age verification checks and a ban on doorstep drops will be introduced to greater protect young people from knife crime.

    Image: Getty Images

    These new measures will also prevent weapons getting into the wrong hands.

    A stringent 2-step system will be mandated for all retailers selling knives online requiring customers to submit photo ID at point of sale and again on delivery. In addition, delivery companies will only be able to deliver a bladed article to the same person who purchased it.

    The government has an ambitious mission to halve knife crime within a decade as part of the Plan for Change and a core element of this will be addressing problems in the online sales space. 

    Under the new measures a person may need to submit a copy of a photo ID such as driving licence or passport, as well as proof of address such as a utility bill, before showing ID again when the package is delivered. This could also include a person submitting a current photo or video of themselves to an online retailer alongside their ID.

    It will also be illegal to leave a package containing a bladed weapon on a doorstep when no one is in to receive it.

    Home Secretary Yvette Cooper said:

    It’s a total disgrace how easy it still is for children to get dangerous weapons online.

    More than two years after Ronan Kanda was killed with a ninja sword bought by a teenager online, too many retailers still don’t have proper checks in place.

    It’s too easy to put in false birth dates, parcels are too often being dropped off at a doorstop with no questions asked.

    We cannot go on like this. We need much stronger checks – before you buy, before it’s delivered.

    The measures I am setting out today will be crucial in addressing this problem and are part of our Plan for Change and mission to make streets safer.

    Last year the Home Secretary commissioned Commander Stephen Clayman, the national police lead on knife crime, to carry out a full review into the online sale and delivery of knives. 

    The full report is expected at the end of the month and stronger ID checks are one of the recommendations.

    We have also already announced that we will hold social media executives to account for knife crime related content which glorifies and incites violence amongst young people. Senior execs of social media companies will face significant fines in the region of £10,000 for failing to swiftly remove knife crime related content from their platforms.

    The measures announced today are set to be included as part of the Crime and Policing Bill which is expected to be introduced to Parliament by spring, with more proposals still to come in the coming weeks.

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    Published 28 January 2025

    MIL OSI United Kingdom –

    January 28, 2025
  • MIL-OSI Russia: The main works on the renovation of the park in the Teply Stan district have been completed

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Specialists from the Moscow City Services Complex have completed the main renovation work on the park located at the intersection of Teply Stan and Akademika Vinogradova streets. They were carried out as part of improving the transport and pedestrian accessibility of the Generala Tyuleneva station on the Troitskaya metro line.

    “The park’s special feature is its unusual small architectural forms – these are structures that resemble the crown of a palm tree, the “Oasis” swing, the canopy of which also resembles palm branches, as well as round benches and a pergola-arbor. In the spring, seasonal elements will be added to them, such as chess tables. In total, there will be more than 100 small architectural forms in the park,” said the deputy head of the capital’s Department of Capital Repairs

    Anton Akulov.

    The park, with an area of 15.1 thousand square meters, is located next to a residential area.

    In addition to the arrangement of convenient approaches and entrances to metro stations, an important task was to create a comfortable urban environment for local residents.

    Nearby is the Sergei Andriaka Academy of Watercolor and Fine Arts. To play on the theme of the institution, the benches in the park were made in the form of multi-colored drops of paint.

    Old worn-out tiles were replaced with new ones on areas with a total area of over four thousand square meters. For comfortable and safe evening walks, 95 modern street lamps of bright yellow color were installed.

    A children’s science playground was created in the play area intended for children aged seven to 12 years. This new development appeared recently. It combines an educational approach with a game format. Children on such playgrounds not only have fun, but also learn something new and become familiar with physical phenomena.

    The park has five themed elements of the scientific playground. By mastering the “Electric Maze” and “Electric Circuit” modules, children learn the principles of electrical engineering. The “Cinema” element fascinates even adults: by rotating the disks and looking into the window, a person immerses himself in the world of illusions created by the movement of the picture. With the help of the “Shadow Theater” element, children can create their own performances, choosing the silhouettes of animals and other images that they want to show. Another element is “Morse Code”, during the game, children can encrypt and transmit a message, and then ask their friends on the intercom whether they understood them correctly.

    In 1941, the main line of the Moscow defense zone passed through the Teply Stan area, workers left for the front from here, and in 2022, a memorial sign dedicated to four divisions of the people’s militia was installed in the park. Patriotic events are now often held here. As part of the improvement, the area around the monument was tidied up.

    In addition, specialists expanded the area around the dry fountain to use this place for various district events. Now there is a decorated New Year tree here.

    In the spring, it is planned to lay a lawn in the park. The soil for it has already been prepared.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149396073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI Russia: Polytechnic University student joins leadership of St. Petersburg Youth Parliament

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    Varvara Bucherova, a Master’s student at the Institute of Industrial Management, Economics and Trade, a resident of the student association “Laboratory of Public Administration”, a member of the youth council of the Kalininsky district and an ambassador of Smolny in SPbPU, was elected Deputy Chairperson of the Youth Parliament of St. Petersburg.

    The Youth Parliament is an advisory and consultative body under the Legislative Assembly of St. Petersburg. The selection of candidates took place in three stages. 570 people submitted applications. A special commission, based on a number of criteria, determined 150 participants in the next stage – a business game, which helped to evaluate the skills and abilities of the candidates. Based on its results, a pool of 64 participants was formed for the third stage – voting for candidates. At this stage, the candidates were supported by more than 71 thousand people. 32 candidates entered the parliament.

    Varvara told us in an interview how she achieved such heights.

    — How did you prepare for the competition for this position? Did you have any doubts about whether you were ready to take on such responsibility?

    — I was worried until the very end about whether I would be able to become deputy chairman or not. For the most part, everything depended on who would be the chairman, because I hoped that I would work with Filipp Chufistov, whom I already knew. In terms of preparation, I was required to do one thing — a speech for nomination, which was not difficult for me.

    — Why did you choose the “State and Municipal Administration” program when you applied?

    — In the eleventh grade, I attended preparatory courses at SPbPU, I think that gave me a push. There were many people there who recommended the direction “State and Municipal Administration”.

    — How did the knowledge you gained at university help you adapt to your new responsibilities?

    — At the university, I gained my first management experience, which will undoubtedly be useful to me. Thanks to the Polytechnic, my colleagues and I were able to create a student association, the Public Administration Laboratory.

    — Have you had any moments of doubt or failure on your way to this position?

    — Of course, I had my doubts, since the election of deputy chairmen is conducted by secret ballot, where a candidate must gain a majority of votes from the total number of members. In other words, if there was a quorum, it was necessary to gain at least 26 votes, regardless of the number of members of parliament present. I managed to gain 37 votes.

    — What do you think is the most important quality of a successful leader?

    — I believe that the most important quality of a successful leader is the ability to listen and hear his team. Of course, there is a whole set of qualities that are necessary for a leader, for example, the ability to speak correctly, organize the work process and delegate tasks, but it is the skill of building high-quality communication with the team that allows you to lead it and be 100% confident in it.

    — What role do mentors play in your professional development?

    — A huge role in most of my achievements and projects is played by mentors, to whom I can always turn. First of all, these are IPMEiT teachers, associate professors of HSAU Maxim Ivanov and Tamara Selentyeva. They are always ready to help, answer any questions, support in difficult times. In addition, another mentor of mine is Nikita Golubov, Chairman of the Youth Council of the Kalininsky District of St. Petersburg. He has his own, no less effective, mentoring methods. He always provides an opportunity to reach a completely new level, even if you are not ready for it. This gives the skill to find a way out of any situation.

    — How do you plan to use this experience for further professional growth? Are there any specific goals you want to achieve in the near future?

    — In the near future, I plan to organize work in the Youth Parliament, defend my master’s thesis, and try to enroll in graduate school. The experience I will gain will definitely help me in building my future career.

    — What advice would you give to a young professional starting out in their career?

    — My advice is to participate everywhere, always and in everything: olympiads, competitions, case championships. Sooner or later you will succeed. The main thing to remember is that you are gaining experience, which gives you an impetus for further development.

    Vladimir Shchepinin, Director of IPMEiT, joined in the congratulations: I am proud that the students of our institute achieve such heights during their student years. Varvara Bucherova was elected to such a responsible position in the Youth Parliament under the Legislative Assembly of St. Petersburg. This achievement demonstrates her leadership qualities, active civic position and desire to contribute to the development of our society. I am confident that she will successfully cope with her new responsibilities and will continue to benefit the city and the country.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI: 21Shares Adds to its “Core” Suite of Affordable Crypto Exchange-Traded Products with the Launch of the Solana Core Staking ETP (CSOL)

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, 28 January 2025 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange traded products (ETPs), today announced the launch of the 21Shares Solana Core Staking ETP (CSOL) on SIX Swiss Exchange. CSOL joins the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Ethereum Core Staking ETP (ETHC) and the 21Shares Crypto Basket 10 Core ETP (HOLDX) as the fourth addition to the 21Shares’ “core” suite, which offers investors exposure to cutting-edge crypto technologies at exceptionally low fees.

    Exchange Product Name Ticker ISIN Fee
    SIX Swiss Exchange 21Shares Solana Core Staking ETP CSOL CH1385084384 0.35%

    Solana is one of the top blockchain networks powering innovation, and – due to its high-speed and low fees – Solana is expected to reach an all-time high in Total Locked Value (TLV) in 2025, with net inflows of $1.2billion in 2024. With transaction costs less than $0.01 and an average of 2,400 transactions per second, Solana’s performance has led to a noticeable market shift that puts the network front and center in 2025. In addition, Solana has proven itself in the traditional finance ecosystem, evidenced by PayPal’s PYUSD stablecoin processing $13 billion as well as partnerships with Visa and Shopify to enable crypto payments. Further, institutional players like Franklin Templeton and Citibank are adopting Solana, underlining its potential to bridge crypto and traditional finance.1  

    “Launched in 2020, Solana emerged as a clear solution to the outdated technology in the blockchain space. The Solana ecosystem evolved quickly, boasting unparalleled speeds and cost efficiency, making transacting on the network essential,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “21Shares launched the world’s first Solana ETP in 2021. With the launch of CSOL, the firm is continuing to leverage its expertise and track record in crypto, product development savvy and operational excellence in order to provide investors with access to Solana, one of the top growing blockchain networks, at an incredibly affordable cost.”

    With a management fee of 0.35%, CSOL offers innovative and cost-efficient exposure to a leading blockchain shaping the future. 100% physically backed, CSOL also benefits from staking rewards, which are seamlessly generated by adding the yield to the investor’s coin entitlement. By integrating staking rewards into 21Shares ETPs, investors enjoy a potential additional income stream without having to keep their assets locked, enhancing overall returns while maintaining exposure to the respective underlying assets. As of 23 January 2025, the average staking yield for Solana was 6.60%.2

    For more details about the 21Shares Solana Core Staking ETP, including the factsheet, please click here.

    Press Contact

    Audrey Belloff, Head of Global Communications, audrey.belloff@21.co

    About 21Shares

    21Shares is one of the world’s first and largest issuers of crypto exchange traded products. We were founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. In 2018, 21Shares listed the world’s first physically-backed crypto ETP, and we have a six-year track-record of creating crypto exchange-traded funds that are listed on some of the biggest, most-liquid securities exchanges globally. In addition to our six-year track record, 21Shares offers investors best-in-class research and unparalleled client service.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###


    1 Source: 21Shares State of Crypto #13: Market Outlook 2025
    2 Source: Coinbase, as of 23 January 2025

    The MIL Network –

    January 28, 2025
  • MIL-OSI Economics: Development Asia: Simple Interventions, Big Impact: Using Nudges to Promote Handwashing in Sri Lankan Primary Schools

    Source: Asia Development Bank

    The pilot provided proof of concept for school handwashing nudges in Sri Lanka. It demonstrated that nudges can significantly increase handwashing rates, even without behavior change communication.

    A future scale-up of the pilot should explore whether adding nudge elements (e.g., painted “observing eyes” above the handwash area) could help reduce the impact difference between boys and girls.

    Handwashing nudges must be adapted to the context of each school. The number, design, and placement of facilities vary greatly, making a one-size-fits-all approach impractical. Involving local stakeholders in the design process helps optimize this adaptation.

    The timing of nudge installation is crucial to allow sufficient time for habits to take root. Research shows that habit formation can take from a few weeks to several months, depending on the behavior’s complexity and the individual’s context.

    The project showed that three weeks were insufficient for some students to acquire a sustained habit, highlighting the need for extended periods to reinforce new handwashing with soap behaviors.

    Repeated exposure to the nudges and longer sustained practice of handwashing may help solidify these behaviors into lasting habits.

    Behavioral “nudges” should be a key tool for policymakers and program designers. Evidence from Sri Lanka demonstrates that nudges have the potential to drastically improve handwashing with soap in schools. They also require little to no additional time from teachers, unlike traditional hygiene-education methods, which often demand significant human resources to be effective.

    Moving forward, collaboration across sectors will be essential to ensure the effective implementation and expansion of this strategy, driving improvements in both public health and education outcomes.

    The pilot demonstrated the effectiveness of nudges to significantly increase student handwashing rates, contributing to public health in schools and their communities. By fostering these habits in educational settings, this can instill lifelong health practices and create healthier communities. A video of this initiative can be found here.


    [1] The five primary schools in the pilot projects are Baptist Primary School, Biyagama; Dharmadassi Primary School, Biyagama; Kudabuthgamuwa Primary School, Kolonnawa; Wellampitya Primary School, Kolonnawa (Western Province); and Kirindagama Primary School, Kirinda (Southern Province).

    MIL OSI Economics –

    January 28, 2025
  • MIL-OSI Russia: “Winter in Moscow”: VDNKh became the venue for the “Moscow Tea Party” festival

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    VDNKh has become one of the venues for the Moscow Tea Party festival, which is being organized as part of the project “Winter in Moscow”Ice shows, folk festivals and traditional Russian games will take place here.

    On February 1 at 11:00 and 13:00 and on February 2 at 11:00, 13:00, 17:30 and 19:30, the largest skating rink in the capital will host a performance with the participation of professional figure skaters. Spectators will enjoy a festive atmosphere, bright costumes, dancing and familiar melodies. Entrance by tickets to the skating rink.

    Throughout the winter season, the skating rink hosts master classes, competitions, costume parties, themed performances, morning exercises, night skating and other events.

    On weekends until February 22, from 12:00 to 15:30, open-air folk festivities are held behind pavilion No. 58 “Agriculture”. The program includes musical and theatrical performances by artists, as well as Russian traditional games. Admission is free. On January 24, the program was opened by the folklore ensemble “Slavyane” of the Moscow State Academic Theater “Russian Song” under the direction of People’s Artist of Russia Nadezhda Babkina.

    This year, the VDNKh skating rink is located in its traditional location — between pavilions No. 1 “Central” and No. 58 “Agriculture”. The ice rink goes around the fountains “Friendship of Peoples” and “Stone Flower”. The area of the artificial surface is more than 20 thousand square meters. About five thousand people can be here at the same time.

    Project “Winter in Moscow”— the main event of the season, which until February 28 unites various events of the capital. Citizens and tourists are invited to remember traditions and history, warm up with tea and hot buns, go skating, skiing and tubing, watch ice shows, give gifts to people who find themselves in a difficult life situation, show care for those who need it.

    Muscovites and guests of the capital are offered a huge selection of events in the open air and in cultural and sports institutions. The atmosphere of winter traditions has engulfed the entire city – more than 1.9 thousand sites are open. The project organically intertwined with the largest festivals of the capital “Moscow Estates”, “Moscow Tea Party”, “City of Light”, “Snow and Ice in Moscow” and many others. All information about the project and the events of the winter season can be found in a special section of mos.ru.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149279073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI Russia: 16.7 thousand entrances of residential buildings to be repaired in the capital

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    This year, specialists from the city services complex will carry out repairs in 16.7 thousand entrances of apartment buildings. This was reported by the Deputy Mayor of Moscow for Housing and Public Utilities and Improvement Petr Biryukov.

    “Maintaining the entrances of residential buildings in a standard condition is under special control, therefore a unified approach to carrying out routine repairs of these premises has been developed in the capital,” noted Pyotr Biryukov.

    The mandatory list includes painting of entrance groups, ceilings and walls. Electrical wiring will also be put away in special boxes. Specialists will renew the thermal insulation of pipelines, wall cladding, mailboxes, steps, railings, and other damaged elements and structures. If necessary, they will repair window and door units in halls and vestibules, railings and steps, replace floor signs and lighting fixtures.

    The head of the city economy complex specified that residents are warned in advance about the dates of the start of repairs. The corresponding announcements will be posted on information boards and in public places.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/149395073/

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI New Zealand: Name release: Fatal crash, SH73, Arthurs Pass

    Source: New Zealand Police (National News)

    Police can now release the name of the man who died following a crash on State Highway 73, Arthurs Pass on Sunday.

    He was 54-year-old Paul Wilcock, of Kumara.

    Our thoughts are with his family and friends during this difficult time.

    Enquiries into the circumstances of the crash are ongoing.

    ENDS

    Issued by Police Media Centre 

    MIL OSI New Zealand News –

    January 28, 2025
  • MIL-OSI Australia: Funding applications available for National Reconciliation and NAIDOC Week events

    Source: Government of Western Australia

    The City is encouraging community groups hosting National Reconciliation and NAIDOC Week events to apply for community funding.

    The Community Funding Program supports local activities, projects and events that benefit the wider community.

    The City has up to $5,925 per grant for incorporated associations hosting National Reconciliation Week (27 May-3 June) and NAIDOC Week (6-13 July) activities and events.

    Mayor Linda Aitken said she encouraged community groups and sporting clubs to apply for the funding to support events in the City.

    “This program supports the City’s commitment to continuously working towards improving relationships, opportunities and respect between Aboriginal and Torres Strait Islander peoples and other Australians,” she said.

    “Last year, through our Flagship Funding stream, we supported the Mookaroo Festival held by Ngulla Koort Indigenous Corporation.

    “Over 2,000 people went along and enjoyed a wonderful family day out, with food stalls, performances, storytelling and children’s activities.”

    Funding can also be used to facilitate Welcome to Country acknowledgements at events.

    The National Reconciliation Week 2025 theme is Bridging Now to Next, reflecting the ongoing connection between past, present and future.

    NAIDOC Week’s theme of ‘The Next Generation: Strength, Vision & Legacy,’ celebrates the achievement of the past and bright future ahead.

    Find out more and submit your application at wanneroo.wa.gov.au/communityfunding.

    NAIDOC Week grants are also open via the NAIDOC website and close on 20 February.

    MIL OSI News –

    January 28, 2025
  • MIL-OSI: Vect-Horus further strengthens leadership with appointment of strategy and finance executive Jérôme Berger to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

                                                                            PRESS RELEASE

    • Extensive expertise in finance and venture capital at telecoms firm Orange
    • Brings life sciences experience and serves as Director of several tech companies

    Marseille, France, January 28, 2025 – Vect-Horus, a privately held biotechnology company that designs and develops molecular vectors that facilitate the targeted delivery of therapeutic molecules and imaging agents, today announced the appointment of Jérôme Berger as a member of its Board of Directors. Mr Berger’s vast expertise in strategy, finance, and venture capital in the technology and life sciences sectors will be invaluable to Vect-Horus as the company accelerates its growth and development.

    Bringing over two decades of experience in global finance and strategic leadership, Mr Berger has held pivotal roles at Orange Group, one of the world’s largest telecommunications providers, where he is currently Global Head of Strategy and Venture Capital. He was previously President and Managing Partner of Orange Ventures, where he oversaw investments in cutting-edge technology startups, and also served as Global Head of Financing and Treasury, managing equity and debt markets funding operations and leading infrastructure financing initiatives. This included structuring and executing several multi-billion-dollar international mergers and acquisitions.

    Mr Berger has a deep understanding of life sciences and digital health, serving as Director of several technology companies, including Future4Care, a leading digital health accelerator he co-founded on behalf of Orange in partnership with Sanofi, Capgemini, and Generali.

    “We are thrilled to welcome Jérôme Berger to our Board of Directors, as Vect-Horus is poised to enter its next phase of growth,” said Alexandre Tokay co-founder and CEO of Vect-Horus. “Jérôme’s unparalleled experience in strategy, venture capital and global financing, coupled with his strong background in digital health and life sciences, will be invaluable in supporting the development of Vect-Horus as we aim to revolutionize targeted drug delivery.”

    “I am honored to join the Board of Directors of one of the most advanced biotechnology companies in its domain, which deploys important partnerships with tier1 Pharmaceutical companies and life science actors around the world, promising to improve the lives and conditions of countless current and future patients suffering from CNS diseases or certain cancers, with currently little or no efficient therapeutic solutions.” said Jérôme Berger.

    About Vect-Horus

    Vect-Horus designs and develops vectors that facilitate targeting and delivery of therapeutic or imaging agents to organs, including the brain, and to tumors. Founded in 2005, Vect-Horus is a spin-off of the Institute for Neurophysiopathology (INP, UMR7051, CNRS and Aix Marseille University), formerly headed by Dr Michel Khrestchatisky, co-founder of the company. Vect-Horus has 42 employees (most in R&D).

    To learn more about Vect-Horus, visit www.vect-horus.com.

    Contacts

        For more information, please contact Vect-Horus

        Emmanuelle Bettendorf, BD & Alliance Management,

        Vect-Horus contact@vect-horus.com

        Media Relations

        Sophie Baumont, Cohesion Bureau – sophie.baumont@cohesionbureau.com

    Attachment

    • 2024-01-28- – Vect-Horus_BoardMemberBerger_PR_EN_Final

    The MIL Network –

    January 28, 2025
  • MIL-OSI USA: Vice Chair Murray, Ranking Member DeLauro Raise Alarm on New OMB Memoranda, Trump Administration’s Efforts to Defy Federal Law, Constitution to Withhold Approved Federal Funding

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    WASHINGTON — Senate Appropriations Committee Vice Chair Patty Murray and House Appropriations Committee Ranking Member Rosa DeLauro today wrote to Acting Office of Management and Budget (OMB) Director Matthew J. Vaeth raising the alarm on President Trump’s unlawful executive orders and the new memoranda issued by OMB on Monday directing agencies to withhold vast swaths of approved federal funding.
    In the letter, Murray and DeLauro wrote, “As leaders of the House and Senate Committees on Appropriations, we write with extreme alarm about the Administration’s efforts to undermine Congress’s power of the purse, threaten our national security, and deny resources for states, localities, American families, and businesses.” 
    “The President has issued a number of Executive Orders to unilaterally freeze or contravene critical funding provided in bipartisan laws, sowing chaos across states, families, and communities. In that vein, you have now issued a series of Office of Management and Budget (OMB) memoranda that only further disarray and inefficiency—in particular, M-25-13, pursuant to which agencies will be ordered to stop vast swaths of federal financial assistance to states, families, and communities as of 5:00 PM ET on Tuesday, January 28,” continued Murray and DeLauro. “The scope of what you are ordering is breathtaking, unprecedented, and will have devastating consequences across the country.  We write today to urge you in the strongest possible terms to uphold the law and the Constitution and ensure all federal resources are delivered in accordance with the law.”
    “While we may have strong policy disagreements, we should all be united in upholding our nation’s laws and the Constitution.  We will be relentless in our work with members on both sides of the aisle and in both chambers to protect Congress’s power of the purse. The law is the law—and we demand you in your role as Acting OMB Director reverse course to ensure requirements enacted into law are faithfully met and the nation’s spending laws are implemented as intended,” concluded the Democratic leaders of the Senate and House Appropriations Committees.   
    The full text of the letter is here. Fact sheets detailing how presidents lack power to unilaterally override spending laws and deny enacted funding to communities through impoundment can be found here and here.

    MIL OSI USA News –

    January 28, 2025
  • MIL-OSI Russia: Humor of the highest level. Polytechnicians performed brilliantly at the KiViN festival

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    From January 12 to 25, the 36th International KVN Team Festival “KiViN-2025” was held in sunny Sochi. The Polytechnicians returned from there with triumph – a ticket to the Central KVN League! The festival became a real arena, where 450 teams from Russia and neighboring countries competed for a place in one of the KVN leagues: Official, Central or Television.

    The competition was incredible, and among the editors were KVN stars such as Dmitry Bushuev (First League), Mikhail Marfin (Major League) and Leonid Kuprido (International League). This added tension and excitement.

    The Polytechnic University was represented by two teams at once: the daring and ambitious Cherchez la Femme and the already well-known in the vastness of St. Petersburg Velikim Byt. The Cherchez la Femme team debuted at the festival, but the girls already have two years of productive play in KVN on their native Polytechnic stage and successful seasons in the Malaya Neva and Fontanka leagues behind them. On the first day of the festival, the ladies in blue delighted the jury and spectators with a tightly assembled program and relevant jokes, becoming a real discovery!

    We collected the best jokes of the season and tried to fit them into one performance. Our Masha even sawed a garbage can! It was cool! – shared 2nd year student of IPMET Daria Mukhtedinova.

    On the fifth day of the festival, the legendary team “Velikim Byt’” (Great Will Be) took to the stage, known for its performances in the Murmansk, Samara and Moscow student leagues. Thanks to careful preparation and boundless love for creating large-scale props, the team in green uniform was remembered by the jury for its polished roles and jokes and received an “increased rating” – the coveted ticket to the Central League!

    Preparations for KiViN began before the New Year. We sent our performance to the editors, and they helped collect the best. Coming up with the props was not as difficult as finding or making them. We had to travel around the resort town and meet the locals. The Sochi festival is the main event for every KVN player. We are glad that we were able to show our best material, – said 4th year student of IPMET Erika Patrusheva.

    The student club is actively developing the KVN movement at the Polytechnic University, annually attracting many teams that from the first year begin to participate in the city leagues of St. Petersburg and win their first awards, – noted the deputy director of the SPbPU Student Club Angelina Kulanova.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    January 28, 2025
  • MIL-OSI China: Macao SAR hosts diverse celebrations for Chinese New Year

    Source: China State Council Information Office 2

    The Macao Special Administrative Region (SAR) is hosting a series of celebrations combining traditional and modern elements to welcome the Chinese New Year, or the Year of the Snake, which will fall on Wednesday.
    The New Year Market, organized by the SAR’s Municipal Affairs Bureau at Tap Seac Square, started last Wednesday and will last seven consecutive days. In addition to booths offering New Year gifts, festive flowers, and snacks, the event also featured cultural performances, a large floral exhibition, and New Year decorations.
    From the end of January to the end of February, in Macao’s Barra District, the “Barra Lucky Blessing Market” was to bring a selection of workshops for New Year prints from Beijing’s Prince Kung’s Palace Museum, popular music performances, and booths of trendy goods.
    James Wong, a market participant and a representative of small and medium-sized enterprises, told Xinhua that the market had given him a platform to meet more people and expand his business.
    Several cultural and artistic venues have exhibitions on display, adding to the festive vibe. For example, the Macao Museum of Art (MAM) held the “Palace of Double Brilliance: Special Exhibition from the Palace Museum,” lasting until March 2.
    The MAM exhibition coordinator, Zhao Kaixin, told Xinhua that the MAM has been cooperating with the Palace Museum for many years. She said she hopes this year’s exhibition will provide residents and visitors with historical treasures and articulate the beauty of the Chinese culture.
    According to the SAR’s tourism office, the Chinese New Year Parade will be held on Jan. 31 and Feb. 8 in the evening. The parade floats will also be displayed at the Macao Fisherman’s Wharf and Tap Seac Square.
    As a signature celebration of Macao during the Spring Festival, the Chinese New Year fireworks displays will be performed on the Seafront of Macao Tower in three editions on Jan. 31, Feb. 4, and Feb. 12, said the tourism office.
    As indicated by the SAR’s Public Security Police Force, during the Chinese Spring Festival holiday, it was estimated that Macao will see between 5.04 million and 5.36 million entries and exits, with an average of 630,000 to 670,000 people daily. This represents a 3 percent or more increase compared to 2024.
    Ms. Shangguan, from Shanghai, traveled to Macao with her friends before the Spring Festival. She expressed that she was fortunate to participate in various New Year celebrations and had a great experience. “These past few days, I’ve felt the strong festive atmosphere,” she said.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI China: Chinese celebrate Spring Festival with traditions, travels and shopping spree

    Source: China State Council Information Office 2

    With traditional fairs and shopping and travel booms over this year’s extended holiday, China is about to ring in the Spring Festival of the Year of the Snake, the first since its inclusion into the UNESCO intangible cultural heritage list.
    For Chinese across the world, the Spring Festival is a time for family reunions, festive traditions, holiday shopping and diverse cultural and tourism activities. This year, it falls on Jan. 29 with hundreds of millions of people traveling to reunite with families in the world’s largest annual human migration.
    Celebrations today highlight both traditional and modern elements, from temple fairs, lantern displays, lion dances and intangible cultural heritage bazaars to village galas, light and drone shows, museum exhibitions, and travels at home and abroad.
    This year, festive glee and activities are further boosted by the UNESCO recognition, pro-consumption policies and the extension of the traditional seven-day holiday by an extra day.

    A performance is staged at the Hetou ancient street scenic area in Tangshan, north China’s Hebei Province, Jan. 26, 2025. China is alive with vibrant celebrations with the Spring Festival just around the corner. (Photo by Liu Mancang/Xinhua)
    FAMILY REUNIONS AND TRADITIONAL FESTIVITIES
    For migrant workers like Zhang Changfu, a native of Baise in Guangxi Zhuang Autonomous Region, south China, the Spring Festival offers a rare opportunity for a family reunion.
    “I’ve been working away from home for 20 years, but I return home every Spring Festival,” said Zhang, 41, who works as a machinist in the southwestern metropolis of Chengdu, adding that he is looking forward to taking his family to the local temple fair.
    The temple fair, a panoply of folk performances, local delicacies and traditional handicrafts, is a familiar sight at this time of year. While such activities contain more traditional elements in the countryside, large cities like Beijing and Shanghai have a tradition of holding large-scale fairs.
    For others, like Lin Jia who works in Nanjing, capital of east China’s Jiangsu Province, Spring Festival is the perfect time for a family tour. Lin’s parents and grandmother have traveled from Hunan Province to join her for the holiday.
    Lin plans to take them sightseeing around the city after a New Year’s Eve dinner at a hotpot restaurant. “It’s both a reunion and a mini vacation,” she said.
    This year, many cities are holding more traditional festive activities, motivated by the inscription of the Spring Festival on UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity in December. The southwestern megacity of Chongqing has planned more than 100 intangible cultural heritage exhibitions, bazaars and performances during the holiday.
    “We hope visitors can feel the strong festive ambiance and the special charm of our cultural heritage,” said Tang Mao, the organizer of a cultural heritage bazaar in Chongqing’s bustling Jiefangbei commercial area, where over 40 artisans display traditional crafts like paper-cutting, New Year picture drawing and sugar-figure making.
    HOLIDAY SHOPPING
    For centuries, shopping has been a crucial part of Spring Festival preparations: from nice food to new clothes and carefully chosen gifts.
    Liu Fengmei, a woman in her 70s in Shanghai, traveled over an hour by subway to First Foodhall, a time-honored food store on the iconic Nanjing Road, to stock up on traditional holiday snacks.
    A long queue is seen outside the store, which, like many across the country at this time of the year, is filled with festive decorations and a dazzling array of traditional foods.
    Following the UNESCO recognition, Chinese consumers also appear to be particularly interested in goods with a cultural festival flair.
    Li Gang with the Ministry of Commerce said sales of neo-Chinese-style jewelry and goods featuring intangible cultural heritages have grown by 52.6 percent and 26.6 percent in the month-long online shopping event for the festival initiated by the ministry.
    In recent years, the Spring Festival shopping lists have included more imported goods, reflecting Chinese people’s rising purchasing power and growing appetite for imported quality goods.
    Earlier this month, a cargo ship loaded with 20,000 tonnes of Chilean cherries arrived at the Nansha Port in south China’s Guangzhou, perfectly timed to offer a festive treat for millions ahead of the Spring Festival.
    “Chilean cherries, Australian lobsters and Russian snow crabs … the prices of imported products are quite attractive, so I plan to prepare a New Year’s Eve dinner that blends both Chinese and foreign flavors,” said a customer surnamed Guo at a store of fresh-food chain Freshippo in Beijing.
    Driven by government-subsidized trade-in programs, mobile phones, wearable devices, and green and smart home appliances are also highly sought-after items ahead of the festival, according to the ministry.
    “Spending on New Year’s goods can offer a glimpse into the resilience and vitality of consumption throughout the year,” said Hong Tao, director of the Institute of Business Economics at Beijing Technology and Business University, who expects a new wave of holiday consumption growth.
    Tourists take a selfie at Jiangjunshan Ski Resort in Altay, northwest China’s Xinjiang Uygur Autonomous Region, Jan. 21, 2025. As the Spring Festival approaches, Altay in Xinjiang has ushered in peak tourist season. (Xinhua/Hu Huhu)
    HOLIDAY TRAVEL
    In addition to local festivities, many are venturing farther afield to make the most of the eight-day Spring Festival holiday.
    Fang Xue, a resident of Shanghai, plans to take her parents on a holiday trip to Shantou, a coastal city in Guangdong Province. “Traveling during the Spring Festival has become quite fashionable,” Fang said. “My parents in their 80s are very eager to travel.”
    The extended holiday has given a boost to the travel industry. While tourist cities such as Shanghai, Beijing, Guangzhou, Hangzhou and Chengdu are attracting large numbers of holidaymakers, smaller cities are also getting more travelers who wish to savor celebrations with local flavors, according to Fliggy, a leading online travel agency.
    “Expectations for intangible cultural heritage activities are especially high during the first Spring Festival after the UNESCO recognition,” said Wang Liyang, operations manager at Fliggy.
    Thanks to China’s further easing of visa policies, many Chinese cities are also witnessing an influx of international visitors, with many eager to experience the festival traditions.
    “The UNESCO heritage status gives Spring Festival worldwide recognition and increases its appeal to international tourists,” said Zhou Huijie, an analyst at Trip.com research institute.
    Trip.com Group has estimated that inbound bookings would jump by 203 percent during the Spring Festival, with tourists from the Republic of Korea, Malaysia, Singapore, Japan, the United States, Australia, Thailand and Britain topping the list.
    Lukas Muller from Germany is traveling in northeast China’s Jilin Province for skiing and to experience the Spring Festival.
    “My friends and I will experience Chinese New Year up close, including eating dumplings, putting up spring couplets, setting off fireworks, and many other customs I’m not familiar with yet,” he said, also praising China’s visa-free policy that facilitated his trip.
    Spring Festival serves as the most direct cultural window to understand the Chinese people and it is also a traditional festival with the most Chinese cultural characteristics, said Feng Jicai, a renowned Chinese writer who has long championed intangible cultural heritage protection. 

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI China: Spring Festival: A Chinese tradition with growing global appeal

    Source: China State Council Information Office 2

    Set against a vibrant orange backdrop, a bold green snake rises proudly on a commemorative stamp issued by La Poste Group, France’s postal service, earlier this month to celebrate the Chinese Lunar New Year. 2025 marks the 21st consecutive year France has celebrated the Spring Festival with zodiac-themed stamps.

    Actors perform the lion dance during the Lunar New Year celebration at the United Nations headquarters in New York, Jan. 24, 2025. (Photo by Winston Zhou/Xinhua)
    At the close of 2024, UNESCO added the Spring Festival, social practices of the Chinese people in celebration of traditional new year, to its Representative List of the Intangible Cultural Heritage of Humanity. A year earlier, the 78th UN General Assembly recognized the Chinese New Year as an official UN holiday, underscoring the festival’s growing global presence.
    Spring Festival customs are now celebrated in nearly 200 countries and regions, with almost 20 nations designating it as an official public holiday. Each year, around one-fifth of the global population takes part in this cherished tradition.
    CUSTOMS WITH GLOBAL APPEAL
    Spring Festival’s core customs — celebrating family reunions, wishing for good fortune and creating traditional crafts — captivate cultural enthusiasts worldwide with its unique approach to welcoming the new year.
    In the Hungarian capital of Budapest, the streets of Chinatown bustled with a two-day Spring Festival celebration. Visitors took part in dumpling-making, calligraphy workshops and lantern crafting. This vibrant celebration mirrors a global trend where Spring Festival traditions are increasingly embraced across diverse cultures.
    “It’s amazing to see the performances and learn about traditions that are so different yet so universal,” said Kata Szabo, a local resident who attended the event with her young daughter.

    People watch a demonstration of sugar figure art during a temple fair celebrating the upcoming Chinese Lunar New Year in Budapest, Hungary, on Jan. 18, 2025. (Xinhua/Chen Hao)
    To Giacomo Bechini, a 29-year-old web designer from Florence, Italy, this year’s Spring Festival is more than a holiday: It is an opportunity to connect with his wife’s Chinese heritage and immerse himself in the festival’s traditions.
    His fascination with the Chinese Lunar Calendar, a lunisolar dating system, has deepened his appreciation even further. “It’s incredible how the Spring Festival is tied to a different calendar. I’ve been learning about its symbolic meanings and how the festivities last for days,” Bechini said.
    For Tichaona Zimuto, a 34-year-old professional acrobat from Zimbabwe, Spring Festival traditions have evolved from a simple interest into a meaningful practice. About two weeks ago, Zimuto and his group, Blackstar Acrobatics, captivated a local audience in Harare with a rhythmic lion dance performance during a Spring Festival celebration.
    The lion dance, which originated in ancient China, blends dance, music and martial arts, with performers mimicking a lion’s movements in elaborate costumes. This traditional art has grown on Zimuto over the past year.
    “When I was wearing the lion dance costume, I just felt excited. I just felt great, something special. I just felt like a lion, a real lion,” he said.

    A lion dance performance is staged at the 4th edition of the Chinese New Year cultural festival at the National Arts Center in Mexico City, capital of Mexico, Jan. 25, 2025. (Xinhua/Li Mengxin)
    The Chinese New Year and its rich cultural heritage are also being shared in exciting new ways. Disney California Adventure Park recently launched its 2025 Lunar New Year celebrations, offering a lively blend of Asian cultural performances. Legendary Chinese warrior Mulan and her quick-witted dragon sidekick, Mushu, led the Lunar New Year procession, celebrating family, friendship and the hope for a prosperous year ahead.
    Meanwhile, Saudi Arabia recently hosted a one-of-a-kind Spring Festival Market at the Cultural Palace in Riyadh, which buzzed with energy during its two-day run. The Chinese e-sports zone was a standout attraction, featuring popular titles such as “Black Myth: Wukong” and “Honor of Kings.”
    Prince Faisal bin Bandar bin Sultan Al Saud, president of the Saudi National E-Sports Association, said e-sports are a powerful way to connect young people around the globe.
    “We can create games about Saudi culture and bring them to China and the world,” he said.
    VALUES OF UNIVERSAL RESONANCE
    Beneath its traditional customs, the Chinese New Year carries a universal resonance of hope, family unity and aspirations for a better life — values that underpin its global appeal.
    People believe that celebrating the Chinese New Year will bring them good luck, good fortune and happiness in the new year, said Heoun Thary, a 32-year-old Cambodian housewife.
    She was referring to the recent Lunar New Year festivities in Phnom Penh, which drew hundreds of revelers. Thary noted that the event not only introduced Cambodians to Chinese traditions but also strengthened the bond between the two nations.
    In Tanorn village, 60 km south of Phnom Penh, Cambodian villagers participating in a China-aided poverty alleviation project also embraced the spirit of the Spring Festival. The celebration featured red lanterns and couplets.
    “People believe that celebrating the Chinese New Year can help increase their luck, promoting their business to make more money,” said Khlok Chamroeun, a 62-year-old deputy chief of the village.

    People watch a lion dance performance at the 2025 Chinese New Year Festival and Market Day in Auckland, New Zealand, Jan. 25, 2025. The event was held here on Saturday. (Photo by Wu Jiaxiang/Xinhua)
    In New Zealand, a Year of the Snake concert put together Eastern and Western musical traditions. Musicians from China’s Yijing Chamber Ensemble of the Central Conservatory of Music and the Christchurch Symphony Orchestra performed in Christchurch, blending the pipa, erhu and bamboo flute with classical symphonies. “Music knows no boundaries. The unique qualities of Eastern and Western music can truly resonate with each other,” said Chinese Consul General He Ying.
    This vision of harmony came alive at the United Nations in New York on Friday night. At a Lunar New Year celebration, Miguel Angel Moratinos, UN under-secretary-general and high representative for the United Nations Alliance of Civilizations, delivered Lunar New Year wishes in Chinese, “Chunjie Kuaile (Happy Spring Festival),” in the lobby of the main building at the UN Headquarters.
    “The Lunar New Year marked the beginning of the Year of the Snake, which is associated with characteristics like wisdom, caution and strategy, and signifies transformation and growth,” he said.
    “With the numerous challenges the world is facing, the spirit embodied by the Lunar New Year offers us a beacon of hope and positivity,” Moratinos said.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI China: Tesla, BMW challenge EU tariffs on Chinese EVs

    Source: China State Council Information Office 3

    Tesla and BMW have joined Chinese electric vehicle (EV) manufacturers in challenging the European Union’s (EU) tariffs on Chinese-made EVs, filing cases with the Court of Justice of the European Union (CJEU), according to the court’s website.

    The automakers’ lawsuits follow similar filings last week by Chinese EV manufacturers BYD, Geely, and SAIC, contesting the EU’s additional import tariffs of up to over 35 percent.

    European Commission spokesperson Olof Gill confirmed at a press conference on Monday that the EU is prepared to respond to the case in court.

    Despite strong opposition from industry stakeholders in EU member states, the Commission moved forward with its proposal to impose countervailing tariffs on Chinese EVs in October.

    Under the EU tariff scheme, U.S. automaker Tesla, which manufactures vehicles in China, faces a duty of 7.8 percent after requesting an individual review. BMW, which also produces certain models in China, is subject to a 20.7-percent duty. Tariffs for Chinese manufacturers vary: 17 percent for BYD, 18.8 percent for Geely, and 35.3 percent for SAIC.

    China appealed to the World Trade Organization (WTO) in November last year against the EU’s final ruling on countervailing measures targeting Chinese EVs.

    MIL OSI China News –

    January 28, 2025
  • MIL-OSI Australia: Race Discrimination Commissioner condemns neo-Nazi rally in Adelaide

    Source: Australian Human Rights Commission

    Australia’s Race Discrimination Commissioner, Giridharan Sivaraman, has condemned the neo-Nazi rally held in Adelaide on Australia Day, warning a National Anti-Racism Framework is the only way to adequately combat the rise of the white supremacy movement. 

    South Australian police arrested 16 men on Sunday, believed to be members of the National Socialist Network, following a march through Adelaide’s CBD. Most of the men were said to be from interstate, including a 25-year-old man from Western Australia who was charged with using a Nazi symbol. 

    “The neo-Nazi rally in Adelaide, that pointedly began at the War Memorial, was shocking. The rise of far-right movements in this country and their influence cannot be ignored,” Commissioner Sivaraman said. 

    “This was a day of national significance which is also a day of sorrow and remembrance for many First Nations people. The choice of these men to march on this specific day is a brazen act of hate and division which we must unite against.  

    “These rallies are a horrific manifestation of what happens when racism is normalised – to the extent that neo-Nazis are emboldened to be on our streets again and again as a threatening force. We must properly name and confront the racism ingrained across our society. 

    “Politicians and other prominent figures need to be careful that their language doesn’t embolden these acts of hatred. The media needs to be careful about which ideologies it platforms and how. We must never forget that the worst mass murder committed by an Australian in recent times was by a white supremacist in Christchurch in 2019. 

    “The far-right extremism of these white supremacists is a threat that must be taken seriously. First Nations peoples, Jews, Muslims, trans people, and migrants and refugees are on the frontlines of this hatred.  

    “If we really want to target these and other similar threats, the only way forward is national anti-racism action that addresses the roots of this ideology in Australia. It is the ultimate antidote to racism and its violence. 

    “The National Anti-Racism Framework we released last year recommends Australian governments develop and fund community-informed early intervention solutions to address far-right extremism and white supremacy at its roots. 

    “These solutions must focus on prevention and community wellbeing as well as providing redress for the harms experienced by targeted individuals and communities. There is still time to act before even more communities are harmed.” 

    Commissioner Sivaraman will deliver a keynote address on addressing racism at the Multicultural Communities Council of South Australia Harmony Day lecture on 18 March in Adelaide.  

    ENDS | Media contact: media@humanrights.gov.au or 0457 281 897 (only calls, no texts please) 

    MIL OSI News –

    January 28, 2025
  • MIL-OSI: Implementation of share buyback programme

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange
    Danish FSA
    Other stakeholders

    Date    28 January 2025

    Implementation of share buyback programme

    In accordance with the corporate announcement pf 20 November 2024, the bank will implement a new share buyback programme of DKK 500 million for cancellation at a future general meeting.

    The share buyback programme is based on the general authority which the bank’s annual general meeting of 28 February 2024 granted to the board of directors, enabling the bank to acquire its own shares.

    The share buyback programme runs in the period 28 January 2025 up to and including 28 May 2025 provided that the forthcoming annual general meeting, to be held on 5 March 2024, gives the board a new authority to permit the bank to acquire its own shares.

    During the period the bank will thus buy back its own shares for a total of up to DKK 500 million under the programme, but to a maximum of 800,000 shares.

    The share buyback programme will be implemented in compliance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) No 2016/1052 of 8 March 2016, which together constitute the Safe Harbour rules.

    The bank may suspend or stop the buyback of shares at any time, in which event a corporate announcement will be issued.

    The conditions for the share buyback programme are as follows:

    • The purpose of the share buyback is to adjust the bank’s capital structure.
    • Ringkjøbing Landbobank has appointed Danske Bank lead manager of the share buyback programme. Danske Bank will make all trading decisions independently, without influence from Ringkjøbing Landbobank, and will purchase shares within the published limits.
    • The maximum amount that Ringkjøbing Landbobank may pay for shares purchased under the programme is DKK 500 million, while the maximum number of shares which it may acquire under the programme is 800,000.
    • Ringkjøbing Landbobank may not purchase shares at a price exceeding the higher of (i) the price of the latest independent transaction; or (ii) the highest bid from an independent buyer on Nasdaq Copenhagen at the time of the transaction.
    • The total number of shares that Ringkjøbing Landbobank may purchase on a single trading day cannot exceed 25% of the average daily traded volume over the preceding 20 trading days on Nasdaq Copenhagen.
    • Ringkjøbing Landbobank will issue a separate weekly announcement to Nasdaq Copenhagen, in both aggregated and detailed form, stating the number and value of the shares it has purchased.

    Yours faithfully

    Ringkjøbing Landbobank

    John Fisker
    CEO

    Attachment

    • Aktietilbagekøbsprogram 2025 igangsætning EN

    The MIL Network –

    January 28, 2025
  • MIL-OSI: The Saudi Capital Market Authority: Allowing Foreign Investment in Real Estate Listed Companies Operating in Makkah and Madinah

    Source: GlobeNewswire (MIL-OSI)

    RIYADH, Saudi Arabia, Jan. 28, 2025 (GLOBE NEWSWIRE) — The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in Saudi listed companies in the Saudi capital market that own real estate within the boundaries of the cities of Makkah and Madinah, starting today. This follows the approval of the Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (Non-Saudi) in accordance with the Law of Real Estate Ownership and Investment by Non-Saudis.

    Through this announcement, the Capital Market Authority aims to stimulate investment, enhance the attractiveness and efficiency of the capital market, and strengthen its regional and international competitiveness while supporting the local economy. This includes attracting foreign capital and providing the necessary liquidity for current and future projects in Makkah and Madinah through the investment products available in the Saudi market, positioning it as a key funding source for these distinctive developmental projects.

    According to the approved controls, foreign investment in companies owning real estate within the boundaries of Makkah and Madinah will be limited to shares of these Saudi companies listed on the Saudi capital market, convertible debt instruments, or both. However, the ownership of natural and legal persons jointly who do not hold Saudi nationality shall not exceed 49% of the company’s shares. An exception applies to strategic foreign investors, who are not permitted to own shares or convertible debt instruments in these companies.

    The approved Controls allow non-Saudi investors to benefit from the economic advantages of existing and future projects without violating the relevant laws, regulations, and instructions, particularly the Law of Real Estate Ownership and Investment by Non-Saudis, whether during the companies’ operations or liquidation.

    At the same time, according to the Controls, CMA grants Saudi listed companies the right to acquire ownership, easement, or usufruct rights over properties allocated for their headquarters or branch offices within Makkah and Madinah. This is contingent upon the property being fully utilized for this purpose and in accordance with the Exclusion Controls exemption regulations under the Law of Real Estate Ownership and Investment by Non-Saudis.

    It is worth noting that the Capital Market Authority has undertaken, and continues to implement, numerous efforts and measures to enhance the attractiveness of the Saudi capital market and facilitate the entry of foreign investors, both directly and indirectly. These efforts include allowing foreign residents to directly invest in the Saudi stock market, enabling foreign investors to access the market through swap agreements, permitting qualified foreign capital institutions to invest in listed securities, allowing foreign strategic investors to acquire strategic stakes in listed companies, and enabling foreign investors to directly invest in debt instruments. These initiatives reflect the completeness and diversity of the capital market’s funding options available for projects in Makkah and Madinah.

    In 2021, the Capital Market Authority (CMA) allowed non-Saudis to subscribe to real estate funds investing within the boundaries of Makkah and Madinah. This move contributed to the reliance on the capital market as a diverse financing channel and supported the objectives of Saudi Vision 2030, which aims to make the Saudi capital market attractive to both local and foreign investments.

    The approval of the Controls came after the CMA published on 15 November 2023, the “Regulations of Foreign Investors’ Ownership of Shares in Saudi Listed Companies that have Investment Properties in Makkah and Madinah” on the Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform “Istitlaa”), affiliated with the National Competitiveness Center (NCC), and the CMA’s website for public consultation for the purpose of approving the final text.

    The Controls for Foreign Investors’ Ownership of Shares in Saudi Listed Companies that have Investment Properties in Makkah and Madinah can be viewed via the following link:

    Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (Non-Saudi) in accordance with the Law of Real Estate Ownership and Investment by Non-Saudis​

    Contact Information: معلومات التواصل:
    Capital Market Authority
    Communication & Investor Protection Division
    +966114906009
    +966557666932
    Media@cma.org.sa
    www.cma.org.sa
    هيئة السوق المالية
    الإدارة العامة للتواصل وحماية المستثمر
    +966114906009
    +966557666932
    Media@cma.org.sa
    www.cma.org.sa

    The MIL Network –

    January 28, 2025
  • MIL-OSI Economics: The Danes’ housing debt grew in 2024

    Source: Danmarks Nationalbank

    Housing debt increased by kr. 12.2 billion in 2024

    Despite a reduction in the first quarter, Danes gradually increased their housing debt towards the end of the year. Of the total increase in housing debt of kr. 12.2 billion, kr. 4.1 billion is bank debt, while the remaining kr. 8.1 billion is mortgage bank debt.

    In addition to the increase from new loans, private customers have also made fewer repayments on their mortgage loans in recent years. This is mainly due to the relatively higher interest rates on homeowners’ loans compared to a few years ago, which has meant that a larger share of the payment installments has gone to interest payments rather than repayments.

    Lower interest rate on new housing loans in 2024

    In 2024, many homeowners were able to take advantage of falling interest rates on new housing loans. The interest rate on new loans disbursed to private customers thus fell by 1.2 percentage points during the year to an average of just under 4 pct. including contributions in December. Particularly loan types with medium-term interest rate fixation, i.e., F1, F3, and F5 loans, as well as bank loans, which typically have a short interest rate fixation, experienced interest rate declines during the year. The interest rate on fixed-rate loans fell at the beginning of the year and then remained relatively stable.

    Despite a lower interest rate on new housing loans, the average interest rate including contributions on private customers’ total housing debt increased by 0.1 percentage points in 2024. The increase has mainly been driven by interest rate adjustments on loans with an interest rate fixation of 3 years or longer.

    F3 loan is the most popular among new variable-rate mortgage loans

    In 2024, private customers received 129,000 new mortgage loans (including loan conversions) with a total value of kr. 249 billion. Fixed-rate loans were, as in previous years, the most common type of loan and accounted for about half of the value of all loans disbursed. Among the variable-rate loans, interest in the F3 loan increased during 2024, and F3 loans accounted for approximately 43 pct. of all new variable-rate loans in the fourth quarter. This was particularly at the expense of loans with very short interest rate fixation of 3 or 6 months, which only accounted for 13 pct. of disbursed variable-rate loans in the fourth quarter.

    MIL OSI Economics –

    January 28, 2025
  • MIL-OSI Economics: Private customers’ deposits continued to increase in 2024

    Source: Danmarks Nationalbank

    The increase in private customers’ deposits in 2024 was evenly split between demand deposit accounts and fixed term deposit accounts, at kr. 32 billion and kr. 31 billion, respectively. Of the increase in private customers’ fixed term deposits, kr. 18 billion was linked to pooling schemes. These typically include pension and children’s savings, which banks invest on behalf of customers. The returns from pooling schemes, which reflect the performance of the investments, are typically credited to private customers’ deposit accounts in December.

    MIL OSI Economics –

    January 28, 2025
  • MIL-OSI Asia-Pac: 15th National Games athletics (marathon) test event to be held on February 23

    Source: Hong Kong Government special administrative region

    15th National Games athletics (marathon) test event to be held on February 23
    15th National Games athletics (marathon) test event to be held on February 23
    *****************************************************************************

         The 2025 Shenzhen-Hong Kong marathon and the 15th National Games (NG) athletics (marathon) test event will be held in Shenzhen and Hong Kong on February 23 (Sunday) morning. The event is organised by the Shenzhen Municipal People’s Government, and hosted by the Executive Committee for the 15th NG, the 12th National Games for Persons with Disabilities (NGD) and the 9th National Special Olympic Games (NSOG) in Shenzhen and the People’s Government of Nanshan District, Shenzhen, with the support of the National Games Coordination Office (Hong Kong), the Culture, Media, Tourism and Sports Bureau of Shenzhen Municipality, and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen Municipality, as well as the Guangdong Athletics Association. The Chinese Athletic Association serves as an advisor, while the Hong Kong, China Association of Athletics Affiliates and a Shenzhen agency act as the executive units.     The Shenzhen Bay Bridge will serve as a link connecting Shenzhen and Hong Kong during the event. A closed-loop arrangement will be adopted throughout the event. To ensure the smooth running of the event, operating hours of the Shenzhen Bay Port will be adjusted as appropriate on the event day. The Executive Committee for the 15th NG, the 12th NGD and the 9th NSOG in Shenzhen and the National Games Coordination Office (Hong Kong) will announce later the details of closure time of the Bridge and arrangements for vehicles and traffic.     Members of the public and visitors are advised to pay attention to the relevant announcements and duly arrange their itineraries that day.

     
    Ends/Tuesday, January 28, 2025Issued at HKT 15:30

    NNNN

    MIL OSI Asia Pacific News –

    January 28, 2025
  • MIL-Evening Report: DeepSeek shatters beliefs about the cost of AI, leaving US tech giants reeling

    Source: The Conversation (Au and NZ) – By Michael J. Davern, Professor of Accounting & Business Information Systems, The University of Melbourne

    Almost A$1 trillion (US$600 billion) was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese start up, DeepSeek, threatened to upend the US tech market.

    While Nvidia suffered the biggest one-day loss in sharemarket history, other tech giants – Microsoft, Alphabet and Amazon, who are investing heavily in competing AI tools including ChatGPT and Gemini – were also hit.

    The rout was caused by investors’ shock at the claimed performance of DeepSeek’s new R1 chatbot. The Chinese AI was reported to be more advanced than its competitors and less expensive to develop.

    DeepSeek R1 has soared, becoming the top free downloaded app on Apple’s app store, as US technology and related stock prices fell dramatically.

    Why tech stocks took a deep dive

    The market was surprised by DeepSeek providing what amounts to cheaper technology but comparable performance.

    This has dramatically changed the market’s expectations of computing power, showing more can be done for less. It has also compromised the competitiveness of the US tech companies’ existing AI products and developments.

    Stock prices are driven by market expectations. The claimed performance of DeepSeek R1 prompted a major revision of expectations about what was technologically possible and about how cheaply AI could be developed and operated.

    Investors have rapidly incorporated the news of a low-cost Chinese AI competitor into stock prices, anticipating this new entrant could disrupt the market and erode the competitive advantage of existing leaders.

    Who is DeepSeek and what is R1?

    DeepSeek was founded in 2023 by Chinese hedge fund High Flyer, which had been exclusively using AI in trading since 2021.

    DeepSeek develops large language models (LLMs) that can underpin chatbots and other AI-based tools. R1 is the latest iteration of DeepSeek’s chatbot and underlying model. It builds on earlier versions of generative AI models developed by DeepSeek, and considerable amounts of data, but is a surprising leap forward in performance and cost.

    CAPTION TO GO HERE.
    Koshiro K/Shutterstock

    Technology investors believe R1 matches or outperforms competitors, including OpenAI’s ChatGPT 4.o1 on numerous benchmarks.

    However, there are some key differences:

    1. The model underlying R1 operates in a much less intensive manner. It is much cheaper to develop and run, requiring less data and computing power.

    2. The training of the model was possible despite the US export ban preventing Chinese companies such as DeepSeek from accessing chips from US companies such as Nvidia. The Biden administration had introduced laws restricting the sale of certain computer chips and machinery to China, in a move intended to block its rival from accessing some of the world’s most advanced technology.

    3. The training data and data uploaded to R1 sit on servers in China. Given concerns about data privacy and intellectual property have already been raised about US-based companies, having data under jurisdiction of the Chinese Communist Party (CCP) is arguably even more concerning.

    4. The chatbot program code is free to download, read and modify, unlike ChatGPT. This is however somewhat a false transparency – what matters more is the underlying model, not the Chatbot code.

    5. R1 is known to censor its responses in line with Chinese Communist Party values.

    The future of AI and tech stocks

    It is unknown whether this crash in price of tech stocks is an irrational panic that will reverse, or whether it simply reflects correct pricing. The future costs and benefits of AI are still uncertain.

    This is both a technological and an economic question.

    In technological terms, it is yet to be seen whether R1 really does require less computing power and less data to train and use.

    Economically, there are potential winners and losers. AI users may win with cheaper access to AI, and LLMs in particular, leading to increased adoption and associated productivity gains. Existing producers such as Nvidia may lose out in what was a market with few real competitors.

    More broadly, society may benefit from less computationally intensive, and therefore more energy-efficient, AI. However, the geopolitical risk of a single country capturing the market, together with concerns about data privacy, intellectual property and censorship may outweigh the benefits.

    Michael J. Davern has previously received funding from CPA Australia for industry research into Artificial Intelligence.

    Matt Pinnuck does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. DeepSeek shatters beliefs about the cost of AI, leaving US tech giants reeling – https://theconversation.com/deepseek-shatters-beliefs-about-the-cost-of-ai-leaving-us-tech-giants-reeling-248424

    MIL OSI Analysis – EveningReport.nz –

    January 28, 2025
  • MIL-OSI: Share buyback programme – conclusion

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Euronext Dublin
    London Stock Exchange
    Danish Financial Supervisory Authority
    Other stakeholders

    28 January 2025

    Share buyback programme – conclusion

    Part II of the share buyback programme amounts to DKK 775 million of the total DKK 1,525 million share buyback programme has now been completed and exercised to the sum of DKK 775 million. The combined share buyback programme has been exercised to the sum of DKK 1,525 million. The buybacks for Part II were executed in the period from 28 June 2024 up to and including 27 January 2025.

    Parts I and II of the share buyback programme are implemented in compliance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) No 2016/1052 of 8 March 2016, which together constitute the Safe Harbour rules.

    The following transactions were made under Part II of the share buyback programme in the period from the last corporate announcement until conclusion:

    Date Number of shares Average purchase price (DKK) Total purchased under the pro-gramme (DKK)
    Total in accordance with the last announcement 680,007 1,134.30 771,329,778
    27 January 2025 3,135 1,169.05 3,664,972
    Total under the share buyback programme, Part II 683,142 1,134.46 774,994,749
           
    Bought back under share buyback programme, Part I, executed in the period 1 February 2024 – 27 June 2024 631,900 1,186.82 749,953,400
    Total bought back 1,315,042 1,159.62 1,524,948,149

    With the transactions stated above and after the conclusion of Part II of the share buyback programme, Ringkjøbing Landbobank now owns the following numbers of its own shares, excluding the bank’s trading portfolio and investments made on behalf of customers:

    • 1,315,042 shares under the above share buyback programme totalling DKK 1,525 million corresponding to 4.9 % of the bank’s share capital.

    Cancellation of the shares bought will be recommended at the bank’s annual general meeting in 2025.

    In accordance with the above regulation etc., the transactions related to the share buyback programme on the stated reporting days are attached to this corporate announcement in detailed form.

    Yours sincerely

    Ringkjøbing Landbobank

    John Fisker
    CEO

    Detailed list of transactions on the above reporting days

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    Attachment

    • Aktieopkøbsprogram 2024 afslutning II EN

    The MIL Network –

    January 28, 2025
  • MIL-OSI: Haffner Energy, LanzaJet, and LanzaTech Join Forces to Unlock Alcohol-To-Jet SAF Production from Biomass Residues

    Source: GlobeNewswire (MIL-OSI)

    VITRY-LE-FRANÇOIS, France and CHICAGO, Jan. 28, 2025 (GLOBE NEWSWIRE) —

    Haffner Energy, a leading advanced solid biomass-to-clean fuels solutions provider, LanzaTech, a carbon management company providing a differentiated syngas-to-ethanol solution, and LanzaJet, the leading ethanol-to-jet technology company and fuels producer, announce today they are working together to explore joint biomass-to-Sustainable Aviation Fuel (SAF) projects covering the entire production value chain.

    The three companies are exploring SAF production opportunities, including the development of commercial plants, joint technology licenses, and offtake opportunities as they become available, and funding support and/or investment in specific SAF projects.

    “The three companies together demonstrate the type of partnership and technology alignment this industry will need to be successful in meeting the global demands of aviation,” says LanzaJet CEO Jimmy Samartzis. “CirculAir™, the joint product between LanzaJet and LanzaTech, brings together our proprietary technologies to create low-carbon SAF from a variety of feedstocks, including discreet biomass sources. The technology developed by Haffner Energy further opens new opportunities for additional SAF production because it is biomass-agnostic.

    France-based Haffner Energy relies on its 31-years of experience to design, manufacture, supply, license, and operate proprietary disruptive clean fuels solutions using all types of biomass residues wet or dry, including agricultural and municipal waste.

    LanzaJet, a U.S.-based company with operations around the world, has a leading, exclusive, and patented Alcohol-to-Jet (ATJ) technology. LanzaJet is backed by global airport operator group Aéroports de Paris (ADP), British Airways, Airbus, Southwest Airlines and Microsoft, among others. In 2024 LanzaJet was named to the TIME100 Most Influential Companies list, and opened the world’s first commercial-scale ATJ plant in the U.S.

    LanzaTech is a proven leader in commercial-scale carbon management solutions, with operations worldwide that transform waste carbon into valuable raw materials, such as ethanol. Ethanol is the essential input required to produce SAF through the ATJ pathway. LanzaTech’s waste-based ethanol provides a tremendous resource for the scalability of the ATJ pathway and CirculAir™, the initiative unveiled last year by LanzaTech and LanzaJet, formally brings together both companies’ technologies into one integrated solution to take advantage of the immense opportunity in using waste-based feedstocks for SAF production.

    LanzaTech’s extensive experience using synthetic gas (syngas) as a feedstock to produce ethanol coupled with the proven flexibility of Haffner Energy’s proprietary technology to use a wide array of biomass residues to produce syngas, creates a strong foundation upon which to connect LanzaJet’s ATJ technology. The combination of the three companies’ technology unlocks a compelling pipeline of opportunities to develop and build multiple profitable projects together.

    “We are excited to team up with LanzaTech and LanzaJet to develop our first SAF projects together, says Haffner Energy co-founder and CEO Philippe Haffner. We’re confident that CirculAir™ is an exciting pathway, and we look forward to growing our global pipeline together thanks to our combined technologies.”

    Dr. Jennifer Holmgren, Chair and CEO of LanzaTech, and Board Chair of LanzaJet, stated, “The powerful combination of CirculAir and Haffner Energy’s technologies widens the range of waste-based feedstocks able to be used to meet growing SAF demand. Together, our technologies and teaming can drive innovation and economic growth through advanced technology. This partnership is about more than just fuel production; it’s about creating well-paid jobs in rural areas, generating additional value from agricultural and forestry waste, and building new refineries that can bolster local economies.”

    About Haffner Energy

    Haffner Energy designs, manufactures, supplies, and operates biofuel and hydrogen solutions using biomass residues. Its innovative, patented thermolysis technology produces Sustainable Aviation Fuel, as well as renewable gas, hydrogen, and methanol. The company also contributes to regenerating the planet through the co-production of biogenic CO2 and biochar. A family-owned company co-founded 31 years ago by Marc and Philippe Haffner, Haffner Energy has been working from the outset to decarbonize industry and all forms of mobility, as well as governments and local communities. Further information is available at https://​www.haffner-energy.com.

    About LanzaJet

    LanzaJet is a leading alternative fuels technology and engineering company with a patented Alcohol-to-Jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by catalyzing the deployment of SAF and other energy solutions capable of building new industries, creating next generation jobs, and transforming the global economy. LanzaJet was named to TIME100 Most Influential Companies list in 2024. The company is backed by investors and supporters including: LanzaTech, Suncor, Mitsui, Shell, British Airways, All Nippon Airways, Microsoft, Breakthrough Energy, Southwest Airlines, MUFG, Groupe ADP and Airbus. Further information is available at https://​www.lanzajet​.com/.

    About LanzaTech

    LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its bio-recycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Coty, Craghoppers, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.

    Media relations

    Haffner Energy
    Laetitia Mailhes
    laetitia.mailhes@haffner-energy.com
    +33 (0)6 07 12 96 76

    LanzaJet
    Meg Whitty
    meg.whitty@lanzajet.com
    +1 (515) 554 4244

    LanzaTech
    Kit McDonnell
    press@lanzatech.com
    +1 (630) 205-5800

    Investor relations

    Haffner Energy
    investisseurs@haffner-energy.com

    LanzaTech
    investor.relations@lanzatech.com

    The MIL Network –

    January 28, 2025
  • MIL-OSI: Euronext to acquire Nasdaq’s Nordic power futures business

    Source: GlobeNewswire (MIL-OSI)

    Euronext to acquire Nasdaq’s Nordic power futures business

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris / New York – 28 January 2025 – Euronext (Euronext: ENX), the leading European capital market infrastructure, and Nasdaq (Nasdaq: NDAQ), a leading transatlantic market operator and global technology company, today announced the signing of a binding agreement under which Euronext will acquire Nasdaq’s Nordic power futures business, subject to receipt of applicable regulatory approvals.

    The agreement entails the transfer of existing open positions in Nasdaq’s Nordic power derivatives, currently held in Nasdaq Clearing, to Euronext Clearing, with approval of the members. Trading of power futures will be operated from Euronext Amsterdam and will be cleared through Euronext Clearing. Nasdaq Clearing AB, Nasdaq Oslo ASA, and their respective infrastructure are not included in the sale. Nasdaq will continue to operate its European Markets Services business and multi-asset clearinghouse.

    The anticipated combination of Euronext Nord Pool’s market initiative with Nasdaq’s Nordic power futures business is fully aligned with Euronext’s “Innovate for Growth 2027” strategic priority to expand in power and accelerates the delivery of Euronext’s power futures ambitions. The transaction complies with Euronext’s capital allocation policy and will be fully financed with existing cash.

    Camille Beudin, Euronext Head of Diversified Services, said: “Euronext, with its strong presence in the Nordics and efficient integrated trading and clearing setup, is in an excellent position to deliver a long-standing and liquid power futures market for the Nordic and Baltic region. The acquisition of Nasdaq’s Nordic power futures is a major accelerator for our power futures ambition and positions Euronext as a leading player for trading and hedging of power in Europe.”

    Roland Chai, President of European Markets at Nasdaq, said: “Nasdaq’s European multi-asset class market infrastructure is an integral part of our business as an operator of transatlantic markets. This transaction will further sharpen our focus on strategic growth areas as we lead the European capital markets with strong client commitment, state of the art infrastructure for multi-asset class trading and clearing, and expertise in sustainability solutions. We are pleased that Euronext can offer a compatible power product structure and are confident that it will provide our members with the scale and expertise needed to further their power businesses.”

    In August 2024, Euronext and Nord Pool announced their plan to launch a Nordic and Baltic power futures market that addresses the need expressed by the market to have a long-standing, sustainable market infrastructure committed to developing secure power futures trading in the Nordic and Baltic regions. Client testing for the Euronext Nord Pool power futures offering will open in March 2025. The infrastructure created as part of this project is expected to go live in June 2025 and will be able to support the existing Nasdaq Nordic power futures business.

    Euronext and Nasdaq intend to work closely together to ensure a smooth migration of Nasdaq’s Nordic power futures in the first half of 2026. Until the migration is completed, Nasdaq will continue to operate its Nordic power futures business as usual. On receipt of the required approvals, Nasdaq will inform the market about the timing for the transfer of existing open positions to Euronext and Nasdaq will exit its commodities business post migration. No financial details of the transaction are disclosed.

    CONTACTS – EURONEXT  

    ANALYSTS & INVESTORS – ir@euronext.com

    Investor Relations        Aurélie Cohen         

            Judith Stein        +33 6 15 23 91 97          

    MEDIA – mediateam@euronext.com 

    Europe        Aurélie Cohen         +33 1 70 48 24 45   

            Andrea Monzani         +39 02 72 42 62 13 

    Belgium        Marianne Aalders         +32 26 20 15 01                 

    France, Corporate        Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 

    Ireland        Andrea Monzani         +39 02 72 42 62 13                 

    Italy         Ester Russom         +39 02 72 42 67 56                 

    The Netherlands        Marianne Aalders         +31 20 721 41 33                 

    Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10                 

    Nord Pool        Irene Zeier        +47 905 79 250

    Nord Pool        Stuart Disbrey         +44 7887 409 044

    Portugal         Sandra Machado        +351 91 777 68 97                

    Corporate Services        Coralie Patri         +33 7 88 34 27 44                                         

    CONTACTS – NASDAQ

    ANALYSTS & INVESTORS – Ato.Garrett@nasdaq.com

    Investor Relations        Ato Garrett        +1 212 401 8737

    MEDIA – Hampus.Stenberg@nasdaq.com 

    European Market Services        Hampus Stenberg         +46 73 449 64 31   

    About Euronext

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal.

    As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

    For the latest news, go to euronext.com or follow us on X and LinkedIn.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    This communication contains forward-looking information related to Nasdaq and the proposed sale of the Nasdaq Nordic power futures business by an affiliate of Nasdaq to an affiliate of Euronext, which transaction involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. When used in this communication, words such as “will”, “enable”, “intends”, “plans”, “expected” and similar expressions and any other statements that are not historical facts are intended to identify forward-looking statements. Forward-looking statements in this communication include, among other things, statements about the potential benefits of the proposed transaction, including statements relating to expectations of future operating results and financial performance, the anticipated timing of closing of the proposed transaction, preparations for the transfers of open interest and the actions of Nasdaq after the closing. Risks and uncertainties include, among other things, risks related to the ability of Nasdaq to consummate the proposed transaction on a timely basis or at all; Nasdaq’s ability to secure regulatory approvals on the terms expected, in a timely manner or at all; the ability to realize the anticipated benefits of the proposed transaction, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; disruption from the transaction making it more difficult to maintain business and operational relationships; risks related to diverting management’s attention from Nasdaq’s ongoing business operations; the negative effects of the announcement or the consummation of the proposed transaction on the market price of Nasdaq’s common stock or on Nasdaq’s operating results; significant transaction costs; unknown liabilities; the risk of litigation or regulatory actions related to the proposed transaction; and the effect of the announcement or pendency of the transaction on Nasdaq’s business relationships, operating results, and business generally.

    Further information on these and other risks and uncertainties relating to Nasdaq can be found in its reports filed on Forms 10-K, 10-Q and 8-K and in other filings Nasdaq makes with the SEC from time to time and available at www.sec.gov. These documents are also available under the Investor Relations section of Nasdaq’s website at http://ir.nasdaq.com/investor-relations. The forward-looking statements included in this communication are made only as of the date hereof. Nasdaq disclaims any obligation to update these forward-looking statements, except as required by law.

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    Attachment

    • 20250128_ENX NDAQ power futures announcement_VF

    The MIL Network –

    January 28, 2025
  • MIL-OSI: NBPE Announces December Monthly NAV Estimate

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    St Peter Port, Guernsey        28 January 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 December 2024 monthly NAV estimate.

    NAV Highlights (31 December 2024)

    • NAV per share was $26.91 (£21.49), a total return of (2.2%) in the month
    • Year to date NAV TR of (0.8%) (based on 31 December 2023 final numbers and 31 December 2024 monthly estimate)
    • NBPE expects to receive additional updated Q4 2024 financial information which will be incorporated in the monthly NAV updates in the coming weeks
    • $283 million of available liquidity at 31 December 2024
    As of 31 December 2024 2024 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised
    (0.8%) (6.1%)
    (2.1%)
    65.0%
    10.5%
    160.2%
    10.0%
    MSCI World TR (USD)*
    Annualised
    19.2% 22.0%
    6.9%
    73.9%
    11.7%
    171.9%
    10.5%
    Share price TR (GBP)*
    Annualised
    (1.1%) (2.3%)
    (0.8%)
    62.1%
    10.1%
    231.2%
    12.7%
    FTSE All-Share TR (GBP)*
    Annualised
    9.5% 18.5%
    5.8%
    26.5%
    4.8%
    81.9%
    6.2%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown, measured against the 31 December audited results at the beginning of the period. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 31 December 2024

    NAV performance during the month driven by:

    • 0.8% NAV decrease ($10 million) from the receipt of private company valuation information
    • 0.5% NAV decrease ($6 million) from negative FX movements
    • 0.7% NAV decrease ($9 million) from the value of quoted holdings (which now constitute 6% of portfolio fair value)
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    Realisations from the portfolio

    • $179 million of realisations received in 2024. Driven by full exits of Cotiviti, Safefleet, Melissa & Doug, FV Hospital and Syniti, partial realisations of Action and Qpark as well as full and partial realisations of quoted holdings and income investments

    $283 million of total liquidity at 31 December 2024

    • $73 million of cash and liquid investments with $210 million of undrawn credit line available

    Four new investments completed in 2024; $104 million invested in 2024 in new and follow-on investments

    • $25 million invested in FDH Aero, a leading parts distributor to the aerospace and defense industry
    • $38 million invested into two U.S. healthcare businesses, Benecon and Zeus
    • $30 million investment in Mariner Wealth Advisors, a financial services firm
    • $11 million of additional new and follow on investments

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 31 December 2024 was based on the following information:

    • 7% of the portfolio was valued as of 31 December 2024
      • 6% in public securities
      • 1% in private direct investments
    • 1% of the portfolio was valued as of 30 November 2024
      • 1% in private direct investments
    • 92% of the portfolio was valued as of 30 September 2024
      • 91% in private direct investments
      • 1% in private funds

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 31 December 2024)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 65.6 5.2%
    Osaic 2019 Reverence Capital Financial Services 62.7 4.9%
    Solenis 2021 Platinum Equity Industrials 61.3 4.8%
    BeyondTrust 2018 Francisco Partners Technology / IT 45.6 3.6%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 38.3 3.0%
    Monroe Engineering 2021 AEA Investors Industrials 38.2 3.0%
    Business Services Company* 2017 Not Disclosed Business Services 38.1 3.0%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 35.5 2.8%
    True Potential 2022 Cinven Financial Services 32.1 2.5%
    Staples 2017 Sycamore Partners Business Services 31.6 2.5%
    Kroll 2020 Further Global / Stone Point Financial Services 31.4 2.5%
    Marquee Brands 2014 Neuberger Berman Consumer 31.2 2.5%
    Mariner 2024 Leonard Green & Partners Financial Services 30.0 2.4%
    FDH Aero 2024 Audax Group Industrials 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Viant 2018 JLL Partners Healthcare 27.2 2.1%
    Stubhub 2020 Neuberger Berman Consumer 26.5 2.1%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Benecon 2024 TA Associates Healthcare 25.1 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.4 1.9%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 24.0 1.9%
    Addison Group 2021 Trilantic Capital Partners Business Services 23.8 1.9%
    USI 2017 KKR Financial Services 22.2 1.8%
    Auctane 2021 Thoma Bravo Technology / IT 21.9 1.7%
    Excelitas 2022 AEA Investors Industrials 21.9 1.7%
    Qpark 2017 KKR Transportation 21.3 1.7%
    AutoStore (OB.AUTO) 2019 THL Industrials 20.4 1.6%
    CH Guenther 2021 Pritzker Private Capital Consumer 20.2 1.6%
    Renaissance Learning 2018 Francisco Partners Technology / IT 19.7 1.6%
    Bylight 2017 Sagewind Partners Technology / IT 19.5 1.5%
    Total Top 30 Investments                             $942.7 74.4%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 79%
    Europe 20%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 22%
    Consumer / E-commerce 20%
    Industrials / Industrial Technology 17%
    Financial Services 16%
    Business Services 12%
    Healthcare 8%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 10%
    2017 19%
    2018 15%
    2019 12%
    2020 12%
    2021 17%
    2022 5%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $508 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm’s leadership in stewardship and sustainable investing is recognized by the PRI based on its consecutive above median reporting assessment results. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of 31 December 2024, unless otherwise noted.


    1Based on net asset value.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    Attachment

    • December 2024 NBPE Factsheet vF

    The MIL Network –

    January 28, 2025
  • MIL-OSI: Quadient Teams Up with Buzz Bingo to Bring Convenient Parcel Lockers to Bingo Clubs Across the UK

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, announces a partnership with Buzz Bingo to deploy Parcel Pending by Quadient automated lockers in 35 of its 81 bingo clubs across the UK, with plans for further installations in the future. This collaboration enhances parcel collection, delivery, and return convenience while improving the customer experience at Buzz Bingo locations.

    Buzz Bingo is the UK’s largest bingo operator, managing high street clubs nationwide. These clubs foster a vibrant community where friends and family come together, making them an ideal setting to introduce convenient and secure parcel services. Quadient is a rapidly growing network of intelligent lockers accepting deliveries and returns from major carriers such as Royal Mail, DPD, Evri, and UPS. The lockers also support innovative services such as convenient key drop-offs with Keynest.

    Katia Bourgeais Crémel, Director, Lockers Automation for Europe at Quadient, said: “We’re thrilled to bring our intelligent lockers to Buzz Bingo clubs, offering a secure and user-friendly solution for parcel collection. This collaboration enhances the experience for Buzz Bingo members, encourages more visitors, and supports sustainable last-mile delivery solutions. By making parcel delivery more accessible, we are also strengthening connections within local communities and look forward to seeing how this partnership evolves. This is another successful step forward in the expansion of our open locker network across the UK, as we continue to seek new partnerships to provide safe and convenient parcel collection and drop-off solutions to everyone.”

    Quadient continues to expand its locker network across key markets in the United States, Japan, and Europe. With more than 25,000 units now installed worldwide, the company is steadily progressing toward its long-term goal of deploying 40,000 units globally by 2030. Learn more at parcelpending.com.

    About Quadient®
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit www.quadient.com.

    Contacts

    Sandy Armstrong, Sterling Kilgore Joe Scolaro, Quadient         
    Director of Media & Communications Global Press Relations Manager
    +1-630-699-8979 +1 203-301-3673
    sarmstrong@sterlingkilgore.com j.scolaro@quadient.com
       

    Attachment

    • PR Quadient Buzz Bingos_EN

    The MIL Network –

    January 28, 2025
  • MIL-OSI Economics: Samsung Integrates EMBIBE’s AI-Powered Learning Platform into the Samsung Education Hub App for Smart TVs & Smart Monitors

    Source: Samsung

     
    Samsung, India’s largest consumer electronics brand, has partnered with EMBIBE, an AI-powered personalised learning outcomes platform, to integrate it into the Samsung Education Hub app, a designed-for-TV education app. The collaboration will help TVs become effective educational tools providing personalised learning experiences for students.
     
    Through this partnership, EMBIBE, as part of the Samsung Education Hub app, will offer extensive educational coverage, supporting all major curricula, including CBSE, ICSE, IB, Cambridge, all State Boards and major entrance exams such as IIT JEE and NEET. Students will benefit from a large collection of award-winning, immersive 3D explainer videos, designed to make even the most complex topics easier to understand and more engaging to learn.
     
    “The Samsung Education Hub app aims to expand the role of TVs in homes, transforming them from mere entertainment hubs to a seamless platform for online learning. This innovative ‘designed-for-TV’ education app is set to revolutionise the online learning experience, making it engaging and accessible to all. Our vision is to create a future where education knows no boundaries and knowledge is within easy reach at the click of a button,” said Viplesh Dang, Senior Director, Visual Display Business, Samsung India.
     
    “Our partnership with Samsung TV marks a significant leap in delivering a truly personal, engaging, learning experience through one of the most trusted and loved mediums. Samsung has partnered with EMBIBE because we’ve solved two critical challenges: creating stunning interactive, multi-modal content and delivering it through a deeply personalized experience powered by AI. The synergy between Samsung’s innovation and EMBIBE’s expertise in edtech is a powerful combination that sets a new standard for educational excellence, creating a transformative learning experience for everyone,” said Aditi Avasthi, Founder & CEO at EMBIBE.
     
    At the heart of EMBIBE’s offering is its personalised, AI-driven adaptive practice, which adjusts to each student’s learning level. Through the Samsung Education Hub, students will be able to access EMBIBE’s video-based learning resources and also its AI-powered adaptive practice in English, Hindi and 10 major regional languages, backed by over 10 years of educational engagement data of more than two crore students. They can choose from 54,000 practice tests and use personalised score-improvement features that will provide useful insights for improvement. In addition, students can avail Samsung’s exclusive discount of a flat 50% on EMBIBE annual subscription purchased on TV.
     
    EMBIBE content will be available on all 2024 Samsung TVs and smart monitors and will be gradually made available on earlier models. Existing subscribers of EMBIBE, who own Samsung TVs will have seamless login and access to this rich educational content, along with Samsung TV users who wish to subscribe to the platform. Earlier this year, Samsung had teamed up with the leading ed-tech platform, Physics Wallah for Samsung Education Hub on 2023 & 2024 Samsung TVs.

    MIL OSI Economics –

    January 28, 2025
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