NewzIntel.com

Category: Asia

  • MIL-OSI Africa: Afreximbank’s Creative Africa Nexus (CANEX) unveils third edition of short film competition

    Source: Africa Press Organisation – English (2) – Report:

    Afreximbank’s Creative Africa Nexus (CANEX) unveils third edition of short film competition Filmmakers between the ages of 18 and 35 years can enter the competition for a chance to win a cash prize of $2,000 for outstanding work in each of the competition’s three categories: Best Fiction, Best Documentary, and Best Animation CAIRO, Egypt, May 8, 2025/APO Group/ — Creative Africa Nexus (CANEX), an intervention by African Export–Import Bank (Afreximbank) (www.Afreximbank.com) has announced the third edition of its vibrant short film competition, CANEX Shorts, that is designed to recognise and celebrate talents of young filmmakers from Africa and the Diaspora.   Filmmakers between the ages of 18 and 35 years can enter the competition for a chance to win a cash prize of $2,000 for outstanding work in each of the competition’s three categories: Best Fiction, Best Documentary, and Best Animation. To be eligible, they must be Africans living on the continent, in the diaspora or the Caribbean. Each filmmaker can only enter one film for which they must hold all rights. The entered films should have been produced in 2023 or after and can be in any language.   Besides the cash prize, CANEX Shorts winners will also get an opportunity to participate and have their films screened at CANEX at IATF2025, which will take place in Algiers, Algeria, from 4 – 10 September 2025. This will also provide them with a chance to connect with potential investors and partners in what has become the largest gathering of creatives on the continent.  To enter the competition, filmmakers are required to submit their films, not more than five minutes long, via the Film Freeway digital platform (https://FilmFreeway.com/CANEXShorts). From all entries, the selection committee will curate a shortlist of 30 films – 10 films per category for submission to the jury that comprises, well-respected film experts from across the continent. The jury will then select a winning film in each of the categories during CANEX at IATF2025.  The 2024 CANEX shorts winners were unveiled at CANEX WKND 2024. The winning films were: Silent Screams by Esenaga Mbwe (Botswana) in the CANEX Shorts Best Fiction category; We Shall Not Forget by Brian Obra (Kenya) in the CANEX Shorts Best Documentary category; and Room-5 by Francis Y. Brown (Ghana) in the CANEX Shorts Best Animation category. According to the jury, the quality of films submitted during CANEX WKND 2024 was exceptionally high, necessitating award of two Special Mentions: Vodoun Nouminssin and Rain Is Not the Cloud’s Last Parade.  CANEX at IATF2025, where the winners will be unveiled, will provide a unique platform for nurturing business, investment opportunities, collaboration, partnerships and inspiration amongst the creatives fraternity across value chains of diverse creative and cultural industries from film, music, and fashion to culinary arts, sports, and visual arts amongst others. The event participants will include creatives, policymakers, financial institutions, business and political leaders, development partners, thought leaders as well as some of the most respected names in the Creative and Cultural Industries from across the continent and the diaspora.   Highlighting the importance of the competition, Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank said: “Africa’s film industry, estimated at over $5 billion is thriving and brimming with untapped potential,” adding, “At Afreximbank, we are committed to unlocking this immense value by supporting platforms like CANEX Shorts that aim to propel African storytelling to the global stage. By investing in our creatives, we are not only creating jobs and economic opportunities; we’re actively ensuring Africa’s vibrant culture and talents gain global recognition.”  To enter the 2025 CANEX Shorts competition, please visit Filmfreeway: https://FilmFreeway.com/CANEXShorts. To register to attend CANEX at IATF for free: Canex.Africa (https://apo-opa.co/3GK4Bo8).   Distributed by APO Group on behalf of Afreximbank. Media contact:  Vincent Musumba  Communications and Events Manager (Media Relations)  Email: press@afreximbank.com About CANEX: Given the relevance and opportunities provided by the creative economy as a key driver for development and job creation, Afreximbank has developed the Creative Africa Nexus programme to facilitate the development and growth of the creative and cultural industries in Africa and the diaspora. The initiative provides a range of financing and non-financing instruments /interventions aimed at supporting and developing Africa’s production, trade, and investment in the creative sector. The key strategic objectives under the CANEX Programme include increasing Africa’s share of global cultural trade flows through trade and investment promotion activities, deploying specialized financial products to support the CCI ecosystem, facilitating technical capacity programs that enable export-grade production, facilitating market access to high-value demand hubs (through partnerships) and advocating for harmonized regulatory reform, especially concerning IP rights and incentives  About Afreximbank: African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.  About the Intra-African Trade Fair: Organised by the African Export-Import Bank (Afreximbank), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialisation and export development. 

    Text copied to clipboard.

    MIL OSI Africa –

  • MIL-OSI Asia-Pac: Land to be resumed for development

    Source: Hong Kong Information Services

    The Lands Department (LandsD) today posted a third batch of notices for the resumption of 18 private lots, comprising a total area of about 19,200 sq m, for the second phase of development at the Hung Shui Kiu/Ha Tsuen New Development Area (NDA).

    The 18 private lots to be resumed include part of the sites previously opened for in-situ land exchange application but eventually did not receive any application, and a site with unsuccessful completion of in-situ land exchange application as the application was deemed withdrawn. The land concerned has to be resumed to allow the Government to carry out works.

    The private lots will revert to the Government on August 9 and it will release ex-gratia land compensation to the relevant land owners following the land reversion.

    The Government estimates that the affected households and business undertakings will have to move out as early as December this year.

    The LandsD is handling the compensation and rehousing matters of the affected people and will try to arrange rehousing for or release compensation to eligible people before the departure deadline.

    The department and its appointed Community Liaison Service Team will maintain communication with the affected households and business undertakings, and provide updated information as necessary.

    About 176 hectares and 17.7 hectares of land, announced in the first two batches of resumption notices for the second phase development of the NDA reverted to the Government on August 31 and December 20, 2024.

    The land is gradually being handed over to the Civil Engineering & Development Department for site formation and engineering infrastructure works.

    Upon full development, the NDA will provide about 66,700 additional housing units, accommodating a new population of about 184,000 and create about 150,000 job opportunities.

    MIL OSI Asia Pacific News –

  • MIL-OSI Economics: Meet four of this year’s Swift Student Challenge winners

    Source: Apple

    Headline: Meet four of this year’s Swift Student Challenge winners

    May 8, 2025

    UPDATE

    Local inspiration, global impact: Meet four of this year’s Swift Student Challenge winners

    Every year, the Swift Student Challenge invites students from around the world to follow their curiosity and explore their creativity through original app playgrounds built with Apple’s intuitive, easy-to-learn Swift coding language. From a starry sky glimpsed through a telescope in Nuevo León, Mexico, to a pack of cards discovered in a Japanese game shop, the inspirations behind this year’s 350 winning submissions span the globe, representing 38 countries and regions, and incorporating a wide range of tools and technologies.

    “We’re always inspired by the talent and perspective young developers bring to the Swift Student Challenge,” said Susan Prescott, Apple’s vice president of Worldwide Developer Relations. “This year’s winners show exceptional skill in transforming meaningful ideas into app playgrounds that are innovative, impactful, and thoughtfully built — and we’re excited to support their journey as they continue building apps that will help shape the future.”

    Fifty Distinguished Winners have been invited to attend the Worldwide Developers Conference (WWDC) at Apple Park, where they’ll take part in a specially curated three-day experience. Over the course of the week, the winners will have the opportunity to watch the Keynote live on June 9, learn from Apple experts and engineers, and participate in labs.

    Many of this year’s winners took inspiration from their local communities, creating powerful tools that are designed to make an impact on a global scale. Below, Distinguished Winners Taiki Hamamoto, Marina Lee, Luciana Ortiz Nolasco, and Nahom Worku delve into their app playgrounds and the real-world problems they’re aiming to solve, demonstrating the power of coding to drive lasting change.

    When Taiki Hamamoto, 22, came across a Hanafuda deck at his local game shop, he was intrigued. He had grown up playing the traditional Japanese card game with family members, and he thought it’d be easy to recruit friends for a nostalgic round or two — but that wasn’t the case.

    “I found that very few people in my generation know how to play Hanafuda, despite it being such a staple in Japanese culture,” explains Hamamoto, a recent graduate of the Prefectural University of Kumamoto. “I thought if there was a way to make it easy to play on a smartphone, it might be possible to spread Hanafuda, not only in Japan but also to the world.”

    Through his winning app playground, Hanafuda Tactics, novices can get familiar with the game’s rules and the cards themselves. The colorful, ornate 48-card decks, inspired by Japan’s reverence for nature, are divided into 12 suits — one for each month of the year — and each illustrated by a seasonal plant. There are many ways to play, but one of the most popular variations is Koi-Koi, where players try to form special card combinations known as yaku.

    While Hamamoto stayed true to the game’s classic floral iconography, he also added a modern touch to the gameplay experience, incorporating video game concepts like hit points (HP) that resonate with younger generations. SwiftUI’s DragGesture helped him implement dynamic, highly responsive effects like cards tilting and glowing during movement, making the gameplay feel natural and engaging. He’s also experimenting with making Hanafuda Tactics playable on Apple Vision Pro.

    The idea that a centuries-old game could one day disappear is unthinkable for Hamamoto, who’s gotten so much joy from it. “Hanafuda is unique in that it allows you to experience the scenery and culture of Japan,” he says. “I want users of my app to feel immersed in it, and I want to preserve the game for generations to come.”

    With wildfires spreading quickly across much of Los Angeles earlier this year, Marina Lee, 21, got a harrowing phone call. Her grandmother — a resident of the San Gabriel Valley — had received an evacuation alert, and had little time to decide what to do or where to go.

    “As someone who grew up in L.A., I’ve always been aware of the wildfire risks and the realities that come with natural disasters,” says Lee, a third-year computer science student at the University of Southern California, who was spending winter break with her parents in Northern California at the time. “But with this phone call, the urgency really hit home. My grandma was panicked, unsure what to pack, or how to stay prepared and informed. That inspired me to create an app for people like her, who might not be as tech-savvy but deserve an accessible, trustworthy resource in times of crisis.”

    Through the app playground EvacuMate, users can prepare an emergency checklist of important items to pack for an evacuation. Lee integrated the iPhone camera roll into the app so users can upload copies of important documents, and added the ability to import emergency contacts through their iPhone contacts list. She also included resources on topics like checking air quality levels and assembling a first-aid kit.

    As Lee continues to refine EvacuMate, she’s focused on ensuring that the app is accessible to everyone who might want to use it. “I’d like to add support for different languages,” Lee explains. “Thinking back to my grandma, she’s not as comfortable reading English, and I realized a translation feature could really help others in the community who face the same challenge.”

    Heading into WWDC, Lee’s looking forward to fostering new connections with fellow developers, like the kinds she’s made hosting hackathons with her organization Citro Tech, or serving as a mentor for USC Women in Engineering. “Coding is so much more than just developing software,” she says. “It’s really the friendships you build, the community you find, and the problem-solving journey that empower you to make a difference.”

    Luciana Ortiz Nolasco was thrilled when she was presented with a telescope for her 11th birthday. Every night, she’d peer through her bedroom window to explore the sky over her home state of Nuevo León, Mexico.

    But there were two issues she quickly encountered: first, the thick layer of smog that hung over the heavily industrialized city, obscuring the stars and their brilliance, and second, a lack of fellow enthusiasts to geek out with.

    “I didn’t find a community till I joined the Astronomical Society of Nuevo León,” shares Ortiz Nolasco, now 15. On the weekends, through the connections she made at the society, she’d travel to the countryside to see the stars more clearly, attending camps and learning from mentors who shared her passion. These experiences sparked her interest in making astronomy even more accessible to others.

    Her app playground BreakDownCosmic is a virtual gathering place where users can add upcoming astronomical events around the world to their calendars, earn medals for accomplishing “missions,” and chat with fellow astronomers about what they see.

    Ortiz Nolasco found the ideal tool for bringing her idea to life with the Swift programming language. “Swift is very easy to learn, and using Xcode is very intuitive,” she explains. “Most of the time, it would correct me if I had an error. I didn’t have to spend time looking for hours and have it turn out to just be a small error I overlooked.”

    After attending WWDC in June, she plans to continue to develop BreakDownCosmic, with the ultimate goal of launching it on the App Store. “I want people to feel like they’re going on a journey through space when they log into my app,” she says. “The universe is full of mysteries we have yet to discover, and infinite possibilities. This journey is not just for some selected people. The universe is where we live. It’s our home, and everybody should be able to get to know it.”

    Growing up in Ethiopia and later in Canada, Nahom Worku felt pulled in two career directions: following in his uncle’s footsteps and becoming a pilot, or pursuing an engineering degree like his father. Ultimately, his fear of flying took the former profession off the table, but he still couldn’t decide on an engineering field to specialize in, until COVID-19 hit.

    “During the pandemic, I had a lot of time on my hands, so I bought a few books and discovered web design and coding,” says Worku, 21. He found a community in Black Kids Code, a nonprofit that helps kids learn math and coding, and eventually became a mentor himself.

    While assisting with a summer program at York University in Toronto, where he’s now a fourth-year student, Worku and his group were tasked with working on a United Nations Sustainable Development Goal that focuses on ensuring global access to quality education. For Worku, the project was eye-opening, as it connected back to his formative years. “Growing up in Ethiopia, I witnessed firsthand how many students lacked quality education,” he explains. “Additionally, many people either don’t have access to the Internet, or have issues with unreliable connections.”

    His app playground AccessEd is designed to tackle both of these issues, offering learning resources that are accessible with or without Wi-Fi connectivity. Built using Apple’s machine learning and AI tools, such as Core ML and the Natural Language framework, the app recommends courses based on a student’s background, creating a truly personalized experience.

    “Students can take a picture of their notes, and then the machine learning model analyzes the text using Apple’s Natural Language framework to create flash cards,” Worku says. “The app also has a task management system with notifications, as many students globally have a lot of homework and family responsibilities after school, so they often struggle with time management.”

    Worku hopes that AccessEd can unlock new possibilities for students around the world. “I hope my app will inspire others to explore how modern technologies like machine learning can be used in innovative ways, especially in education, and how they can make learning more engaging, effective, and enjoyable,” he says.

    Apple is proud to champion the next generation of developers, creators, and entrepreneurs through its annual Swift Student Challenge program. Over the past five years, thousands of program participants from all over the world have built successful careers, founded businesses, and created organizations focused on democratizing technology and using it to build a better future. Learn more at developer.apple.com/swift-student-challenge.

    Press Contacts

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • MIL-OSI Europe: At a Glance – The Panama Canal: Panama’s sovereign rights under threat? – 08-05-2025

    Source: European Parliament 2

    President Donald Trump threatens that the US will take back the Panama Canal, a strategic maritime route for global trade, because of perceived Chinese influence in the Canal Zone. In fact, a Hong Kong-based private company owns two of the canal’s five port terminals at strategically important points. The Panama Canal is a key maritime trade route that handles about 40 % of US container traffic and approximately 5 % of world trade.

    MIL OSI Europe News –

  • MIL-OSI: Gesher Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing May 12, 2025

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, May 08, 2025 (GLOBE NEWSWIRE) — Gesher Acquisition Corp. II (Nasdaq: GSHRU) (the “Company”) announced today that, commencing May 12, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “GSHR” and “GSHRW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “GSHRU.”

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Gesher Acquisition Corp. II

    Gesher Acquisition Corp. II is a special purpose acquisition company incorporated under the laws of Cayman Islands for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue a business combination opportunity in any business or industry it chooses although it currently intends to focus on target businesses located in Israel, particularly those that conduct business internationally in Asia, Europe or North America.

    Forward-Looking Statements

    This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact

    Gesher Acquisition Corp. II
    Ezra Gardner
    ezra@gesherspac.com

    The MIL Network –

  • MIL-OSI: Bitcoin Eyes $100K: BexBack Calls on Traders to Ride the Bull Market with 100x Leverage and Zero KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 08, 2025 (GLOBE NEWSWIRE) — As Bitcoin steadily approaches the historic $100,000 milestone, analysts and investors alike are turning increasingly bullish on the next phase of the crypto market. With momentum building across the industry, BexBack, a fast-growing cryptocurrency derivatives exchange, is urging global traders to seize the opportunity using 100x leverage, no-KYC trading, and exclusive deposit bonuses.

    Offering perpetual contracts on 50+ major cryptocurrencies, including BTC, ETH, SOL, XRP, and ADA, BexBack is positioning itself as the go-to platform for those looking to maximize gains in the upcoming bull run.

    “The market is heating up again, and we believe traders deserve the right tools to take full advantage of it,” said David, Operations Director at BexBack. “With high leverage, zero spread, and no identity checks, we’re removing the barriers between our users and their trading potential.”

    Why Now Is the Time to Trade on BexBack

    • Bitcoin Nears $100,000
      With BTC on track to break six figures, the market is entering a new bullish phase — ideal for leveraged trading strategies.
    • 100x Leverage on 50+ Crypto Pairs
      Amplify positions across BTC, ETH, ADA, SOL, XRP, and other top altcoins with up to 100x leverage.
    • No KYC Required
      Get started instantly with just an email address. Trade anonymously and freely without verification delays.
    • 100% Deposit Bonus
      Double your trading power. BexBack matches your first deposit dollar-for-dollar (used as margin only).
    • $100 Trading Bonus
      Make a deposit of 0.01 BTC or 1000 USDT and receive $100 to jumpstart your trading journey.
    • Zero Spread & Deep Liquidity
      Trades are executed without price difference between buying and selling — no slippage, no hidden costs.
    • Risk-Free Demo Account
      Practice and test strategies with 10 BTC or 1M USDT in virtual funds.

    The Bull Run Is Here — Trade It Smart

    With the market showing renewed strength and Bitcoin leading the charge, leveraged trading offers unmatched capital efficiency. BexBack’s platform is built to help both seasoned traders and ambitious newcomers ride the waves of the crypto bull market — all while maintaining full control and privacy.

    About BexBack

    BexBack is a global crypto derivatives trading platform offering up to 100x leverage on perpetual contracts for 50+ digital assets. Headquartered in Singapore and fully compliant with U.S. FinCEN MSB regulations, BexBack combines security, speed, and simplicity for traders around the world. With no KYC requirement, powerful bonuses, and institutional-grade infrastructure, BexBack is redefining the next generation of crypto trading.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4f491764-a3f6-4ee7-8f00-8efe053f4b2b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cb1451cb-bf38-4a8d-bb38-cdfc7136f539

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b1935621-1a2c-47e1-af44-994e63d735ac

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2763ecea-6b93-49fd-a4c4-b655f2fd2eda

    The MIL Network –

  • MIL-OSI Banking: Samsung Launches Galaxy F56, its Slimmest F Series Smartphone in India

    Source: Samsung

     

     
    Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy F56 5G, the slimmest smartphone in the F-Series portfolio. The smartphone is only 7.2mm slim and stands out with several segment-leading features such as flagship grade camera, 6 generations of Android upgrade cycle, Gorilla Glass Victus+ protection on both front and back and advanced AI editing tools.
     
    “With the launch of Galaxy F56 5G, Samsung is reaffirming its commitment to bringing meaningful innovation to empower customers’ lives through powerful, future-ready technology. Galaxy F56 5G brings a perfect blend of design and functionality to deliver top tier experiences to the young consumers looking for a smartphone that complements their lifestyle,” said Akshay S Rao, Director, MX Business, Samsung India. 
     
    Flagship Grade Camera
    Galaxy F56 5G comes with a flagship-grade 50MP OIS triple camera to shoot high-resolution and shake-free videos and photos. The smartphone also features a stunning 12MP HDR front camera for rich and vibrant selfies. The cameras on Galaxy F56 5G are designed for vivid photos and videos—even in low light, thanks to its Big Pixel Technology, Low Noise Mode and AI ISP, taking its Nightography to a different level.  It also features Portrait 2.0 with 2X zoom on the rear camera which enables crisp and natural bokeh effect. Users will also be able to record 4K 30 FPS videos in 10-bit HDR, capturing a wide range of colours for true-to-life output. Galaxy F56 5G will also feature advanced AI-powered editing tools like Object Eraser, Edit Suggestions that make every shot social-ready.
     
    All new Design, Display and Unmatched Durability
    Galaxy F56 5G is only 7.2mm slim and features Corning® Gorilla® Glass Victus® protection on both front and back—making it extremely tough as well as ergonomic. It features a 6.7” Full HD+ Super AMOLED+ display with 1200 nits of High Brightness Mode (HBM) and Vision Booster technology ensuring that users effortlessly enjoy their favourite content even under bright sunlight. The 120Hz refresh rate makes scrolling through social media feed a breeze. A glass back and a metal camera deco on Galaxy F56 5G brings a refreshing and premium design upgrade to the immensely popular Galaxy F series. The smartphone will come in two vibrant and flaunt worthy colours – Green and Violet.
     
    Powerful Performance
    Powered by Exynos 1480 processor with LPDDR5X, Galaxy F56 5G is extremely fast and power-efficient. With the ultimate speed and connectivity of 5G, users can stay fully connected wherever they go, experiencing faster downloads, smoother streaming, and uninterrupted browsing. The processor delivers a swift mobile gaming experience with its flagship level vapor cooling chamber and high-quality audio and visuals.
     
    Galaxy F56 5G packs in 5000mAh battery that enables long sessions of browsing, gaming and binge watching. The massive battery allows users to stay, connected, entertained and productive without interruption. Additionally, the 45W super-fast charging support ensures that the device quickly regains power, keeping you connected and productive throughout the day.
     
    Galaxy Experiences
    Galaxy F56 5G is set to rewrite industry benchmarks by offering segment’s best 6 generations of Android upgrades and 6 years of security updates, ensuring a future-ready experience. The smartphone will come with One UI 7 out of the box.
     
    One UI 7 comes with a simple, impactful and emotive design, bringing streamlined and cohesive experience to Galaxy users. A simplified home screen, redesigned One UI widgets and lock screen allow users to intuitively and seamlessly customize their devices. For added convenience, Now Bar provides real-time updates that matter most right on the lock screen. So, during a morning run, users can easily check their progress and see what song is playing in their Galaxy Buds — all with a simple swipe, without unlocking their phone. Additionally, with deeper Google Gemini integration, controlling the device is as easy as speaking to a friend.
     
    Galaxy F56 5G will also feature one of Samsung’s most innovative security features: Samsung Knox Vault. The hardware-based security system offers comprehensive protection against both hardware and software attacks. Samsung has also introduced its innovative Tap & Pay feature with Samsung Wallet with Galaxy F56 5G, allowing consumers to make secure payments effortlessly.
     
    Product
    Variant
    Introductory Price
    Offers
     
    Galaxy F56 5G
    8GB+128GB
    INR 25999
    Including INR 2000 Instant Bank Discount
    8GB+256GB
    INR 28,999
    Including INR 2000 Instant Bank Discount
     
    Starting today, Galaxy F56 5G will be available in 2 storage variants. Customers can own Galaxy F56 5G with easy EMI options starting at INR 1556 per month through Samsung Finance+ and all leading NBFC partners.
     
     
     

    MIL OSI Global Banks –

  • MIL-OSI Russia: China’s Xinjiang commemorates Soviet comradeship in anti-Japanese war through Red Tourism promotion

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    URUMQI, May 8 (Xinhua) — A wooden arch bridge, which has become one of the “calling cards” of Xinjiang’s red tourism, is still carefully preserved on the Baiyang River in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The 85-year-old structure stands as a silent witness to the desperate story of how Chinese communists organized and protected a vital supply route for the Chinese nation from the Soviet Union through the northwest territory during the War of Resistance Against Japanese Aggression.

    After the Chinese people’s all-out anti-Japanese war began in 1937, Japanese militarists quickly captured China’s coastal regions, thereby cutting off communications linking the country to the outside world. At such a critical moment for the existence of the Chinese nation, the authorities were forced to organize a new route for the import of ammunition from friendly countries in the country’s northwestern inland region, the Xinjiang Uyghur Autonomous Region.

    The first state to assist China in the all-out anti-Japanese war was the USSR, which supplied strategic cargo through Xinjiang by both air and road transport. In particular, cargo was sent by land from Almaty, after crossing the Khorgos border crossing, it passed through Ili, Dihua (present-day Urumqi), Turpan, Hami and other places in Xinjiang, and after leaving Xinjiang, it was delivered to the city of Lanzhou in Gansu Province.

    The length of this transport route exceeded 1,500 km in the section within Xinjiang, and the above-mentioned arch bridge, called “Dabancheng”, became an essential passage on the way between Dihua and Turpan. The bridge was built and opened to traffic in 1940. Its length is 28.5 m, and the width of the deck made of wooden slabs soaked in special oil is 7 m.

    According to published data, during the period 1937-1941, the USSR, with the help of this international corridor, delivered to the Chinese front more than 1,200 aircraft of various types, 82 tanks, over 2,000 vehicles, more than 4,300 artillery units and 14 thousand machine guns, as well as a large quantity of other ammunition.

    According to Mai Yuhua, deputy director of the Research Institute of History at the Xinjiang Academy of Social Sciences, of all the international aid and weapons received by China during the anti-Japanese war, 80 percent came from the USSR, and 90 percent of them were delivered to the front lines through Xinjiang. “Therefore, helping the local authorities of Xinjiang to protect and guarantee the continuity of this communication artery was one of the important tasks for the Chinese communists who were in Xinjiang at that time,” he noted.

    Now, a tourist zone has been created around the Dabancheng Arch Bridge, which is included in the list of cultural relics protected at the level of the Xinjiang Uygur Autonomous Region. Here, visitors can view the arch bridge, learn about historical episodes of the Anti-Japanese War, and participate in various interactive activities, including a test of manually transporting strategic cargo in the absence of motor vehicles.

    In recent years, the area has attracted more and more visitors, thanks to efforts by Xinjiang authorities to effectively utilize and promote red tourism resources. Such efforts have also resulted in the improvement and increased visitor numbers of other military and revolutionary memorial sites, including a museum dedicated to the Xinjiang Mission of the Chinese Communist-controlled 8th Army, which was once tasked, among other things, with the extraordinary task of organizing and protecting the “red” logistics route between Yan’an (Shaanxi Province, Northwest China) and Moscow, via Xinjiang.

    Summing up the situation of Xinjiang’s tourism market during the recently concluded International Labor Day holiday (May 1-5), many online platforms reported a significant increase in the number of searches for museums, memorial sites, cemeteries of martyrs, and other red tourism sites.

    According to data from the Urumqi City Museum, which also functions as the Urumqi Revolutionary Historical Memorial Sites Management Center, over 12,000 people visited various museums and memorial sites throughout the city every day from May 1 to 5 as part of the red tourism. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China and Russia to assume special responsibilities as major countries – Xi Jinping

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    MOSCOW, May 8 (Xinhua) — China will work with Russia to shoulder special responsibilities as major countries in the world and permanent members of the United Nations Security Council, Chinese President Xi Jinping said here on Thursday during talks with Russian President Vladimir Putin as part of his state visit to Russia.

    At present, in the face of unilateralism, power politics and bullying in the world, the two sides should take a clear stance to jointly advance the correct view of the history of World War II, safeguard the authority and status of the UN, firmly safeguard the rights and interests of China and Russia as well as a wide range of developing countries, and promote the building of an equal and orderly multipolar world and an all-round beneficial and inclusive economic globalization, Xi said.

    Noting that he is very glad to visit Russia again at the invitation of President Vladimir Putin and take part in the celebrations of the 80th anniversary of the Victory of the Soviet Union in the Great Patriotic War, Xi Jinping said that history and reality fully demonstrate that the continuous development and deepening of Chinese-Russian relations are necessary for passing on the friendship between the two peoples from generation to generation.

    It is also an inevitable choice for the two sides to achieve mutual achievements and promote their development and rejuvenation, the Chinese leader noted, adding that it is the call of the times to uphold international justice and promote the reform of the global governance system.

    Recalling that this year marks the 80th anniversary of the Chinese People’s Victory in the War of Resistance Against Japanese Aggression, the Soviet Union’s Victory in the Great Patriotic War and the Victory in the World Anti-Fascist War, Xi Jinping pointed out that 80 years ago, the peoples of China and Russia, at the cost of enormous losses, won a great victory and made significant historical contributions to maintaining world peace and the cause of human progress. –0–

    MIL OSI Russia News –

  • MIL-OSI: Catch the High-Speed Action Again! American Rebel Light Beer NHRA 4-Wide Nationals Replay on FS1 – May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    Buckle up, crack open a cold American Rebel Light Beer, and get ready for pure NHRA excitement on the FS1 telecast!

    Nashville, TN, May 08, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is excited to announce that racing fans get another chance to witness the adrenaline-pumping excitement of NHRA’s 4-Wide Nationals, presented by American Rebel Light Beer, airing Thursday, May 8, 2025, on FS1’s NHRA Sportsman Series (check your local listings). Total combined television audience viewership was over 700,000 on the original broadcasts and is expected to exceed 900,000 viewers once the audience totals are finalized.

    Following a record-breaking weekend at Charlotte Motor Speedway’s zMAX Dragway (April 25–27, 2025), viewers can relive the historic 1,000th Top Fuel race, featuring four-wide drag racing at speeds over 300 mph – the fastest accelerating machines on the planet! American Rebel Light Beer, America’s fastest growing beer was featured prominently as the title sponsor and is a perfect match with the NHRA and our sponsorship with TSR Nitro Racing (tsrnitro.com).

    What to Expect on FS1 NHRA Sportsman Series Replay:

    • Date: Thursday, May 8, 2025
    • Network: FS1
    • Featured Racing: Super Stock, Stock Eliminator, Super Comp, Super Gas, and Top Sportsman

    American Rebel Light Beer: A Bold and Growing Presence in Motorsports

    The official title sponsorship of the NHRA 4-Wide Nationals marked a major milestone for American Rebel Light Beer, reinforcing its event-driven, patriotic brand identity. The beer’s trackside activations, promotional tents, and sampling stations helped expand its presence in North Carolina, fueling racing fans with America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.

    Marketing Highlights:

    • Original Broadcast Audience: Nearly 700,000 viewers
    • Expected Final Viewership: Up to 1 million, including FS1 Sportsman Series replays
    • NHRA Social Media Reach: Over 9.2 million impressions
    • Live Concert Experience: American Rebel CEO Andy Ross performed a patriotic rock ‘n’ roll show between Nitro Qualifying Sessions

    Don’t Miss the Replay and look for the American Rebel Light Funny Car driven by Matt Hagan and the American Rebel Light Pro Stock Motorcycle driven by John Hall. Tune in Thursday, May 8, 2025, on FS1, and experience the raw horsepower, side-by-side battles, and all-American racing energy of NHRA’s Sportsman Series, powered by American Rebel Light Beer.

    American Rebel Light Funny Car

    The American Rebel Light Funny Car, driven by four-time NHRA Funny Car champion Matt Hagan, is a high-horsepower, American-made beast that embodies the bold, patriotic spirit of American Rebel Light Beer.

    Car Specs & Performance:

    • Supercharged Hemi engine, pushing over 11,000 horsepower
    • Capable of 330+ MPH in under 4 seconds
    • Patriotic design wrap, featuring American Rebel Light Beer’s bold branding
    • Drew massive fan engagement with trackside meet & greets, beer promotions, and live music from American Rebel CEO Andy Ross

    With Matt Hagan behind the wheel, the American Rebel Light Funny Car isn’t just a race car—it’s a high-speed symbol of freedom, power, and unapologetic American pride just like American Rebel Light Beer.

    Fast, fearless, and fueled by the spirit of American Rebel Light Beer—this Funny Car is built to win!

    American Rebel Light Pro Stock Motorcycle

    The American Rebel Pro Stock Motorcycle, piloted by John Hall, is a high-performance, all-American machine built for speed, power, and precision on the NHRA drag racing circuit.

    Bike Specs & Performance:

    • V-Twin engine, delivering high-horsepower acceleration
    • Capable of 6-second quarter-mile runs at speeds exceeding 200 mph
    • Wrapped in the American Rebel Light Beer brand symbolizing bold, stand-your-ground energy

    NHRA Sportsman Series

    • The NHRA Sportsman Series on FS1 features Lucas Oil Drag Racing Series events, showcasing amateur and semi-professional racers competing in various sportsman-level categories. These races include Super Stock, Stock Eliminator, Super Comp, Super Gas, and Top Sportsman, among others.
    • FS1 and FS2 air NHRA Sportsman Series events throughout the season, often as part of NHRA national event weekends. The broadcasts highlight grassroots drag racing, giving fans a look at up-and-coming drivers and regional competitors.
    • For the 2025 season, FS1 is scheduled to air multiple NHRA Sportsman Series events.

    About American Rebel Light:

    American Rebel Light is more than just a beer—it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    For more information about American Rebel Light and its sponsorship of the NHRA 4-Wide Nationals, visit American Rebel Light NHRA 4-Wide Nationals | Events | Charlotte Motor Speedway or follow us on social media @AmericanRebelBeer

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida and Indiana and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms.

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebel.com and americanrebelbeer.com. For investor information, visit americanrebelbeer.com/investor-relations.

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of a launch party, actual launch timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com

    For more details on American Rebel Light Beer and upcoming events, visit www.AmericanRebelBeer.com or follow @AmericanRebelBeer on social media.

    Attachment

    The MIL Network –

  • MIL-OSI Global: Trump speaking poorly of other presidents is uncommon, but not unheard of, in American presidential history

    Source: The Conversation – USA – By Peter Kastor, Professor of History & American Culture Studies, Washington University in St. Louis

    While most former presidents do not speak out about their successors after they leave the White House, Donald Trump is not the first president to criticize his former political opponents while in office. Trigger Photo/Getty Images Plus

    Former presidents don’t criticize their successors in public.

    Or do they?

    Former Presidents Bill Clinton, Barack Obama and Joe Biden have all criticized President Donald Trump in recent months.

    In April 2025, Obama, for example, spoke about the importance of preserving the international order, meaning the system of rules, norms and institutions that have been active since World War II. He said: “And this is an important moment, because in the last two months, we have seen a U.S. government actively try to destroy that order and discredit it. And the thinking, I gather, is that somehow, since we are the strongest, we’re going to be better off if we can just bully people into doing whatever we want.”

    Biden also offered his own negative comments on April 15: “In fewer than 100 days, this new administration has done so much damage,” he said in his first public remarks since leaving office.

    Some commentators have called these former presidents’ remarks “unprecedented.”

    Many Americans are accustomed to former presidents not speaking about – let alone criticizing – the current president.

    As a scholar of the presidency, I know that most presidents stay quiet about their successors, regardless of what the current president does or says. They do this to avoid undermining both their own reputations as well as the stability of the presidency itself.

    But I am also struck by the fact that this tradition is not as entrenched as former presidents might claim or as many Americans believe.

    President Jimmy Carter and his Republican challenger, Ronald Reagan, shake hands as they meet on a debate stage in 1980.
    Bettmann/Contributor/Getty Images

    Presidents who bucked the norm

    President George Washington established the precedent that presidents retire after two terms and steer clear of public statement. John Quincy Adams, the sixth U.S. president, established a different model.

    After Adams lost his bid for reelection in 1828 to Andrew Jackson, he served in the House of Representatives from 1831 through 1848. Congress is an unusual perch for a former president, but it’s a place where criticizing sitting presidents and their policies is part of the job. Adams had plenty of criticism there for his successors, including Jackson and James K. Polk.

    Nearly half a century later, President Teddy Roosevelt was disappointed that his hand-picked successor, William Howard Taft, failed to live up to Roosevelt’s vision of reform. Roosevelt went from criticizing Taft privately in political circles to campaigning against him publicly in 1912, aiming to win a nonconsecutive second term. Democrat Woodrow Wilson eventually won that election, beating out Taft and Roosevelt.

    Richard Nixon, who, in 1974, became the only president to resign from office, wrote a series of books in the 1980s and 1990s that sought to redeem his own sullied image by casting himself as a visionary statesman. Nixon’s books also included plenty of unsolicited advice – and implicit criticism – for Democratic and Republican presidents alike.

    Before becoming the beloved elder statesman of the former presidents club in 1980, Jimmy Carter earned the ire of his successors for his outspokenness. He said that President Ronald Reagan’s administration was an “aberration on the political scene” and said that one of Clinton’s political pardons was “disgraceful.”

    With the exception of Roosevelt, these former presidents who criticized their successors all felt they had something to prove. Anxious to redeem their legacies, they did not retire quietly.

    A healthy foray into retirement

    So why don’t we all know these stories, and instead believe that past presidents simply keep their mouths shut?

    Americans have long treated presidential retirement as a symbol of a healthy democracy. And that story of retirement emphasizes how former presidents often leave politics behind them.

    The trajectory of presidents finding peace and contentment in retirement, surrounded by friends and family, is an appealing way for presidential biographers to end a story. These stories have included narratives about Harry Truman taking a cross-country road trip only months after leaving the White House in 1953, and George W. Bush taking up painting.

    In reality, former presidents have led complex lives of happiness and loss, withdrawal and engagement. The energy and ambition that brought them to the White House often make retirement difficult. And, over the long history of the presidency, former presidents have become increasingly public figures.

    Former Presidents Bill Clinton, left, George W. Bush and Barack Obama are seen with Hillary Clinton and Laura Bush at the inauguration of Donald Trump on Jan. 20, 2025, in Washington.
    Chip Somodevilla/Getty Images

    A shifting role

    Another important factor in the growing prominence of former presidents is how their roles have recently changed.

    Beginning in the 1990s, former presidents and first ladies tried to publicly show friendship and agreement with their counterparts.

    George H.W. Bush and Clinton, for example, teamed up to raise money for disaster relief after the 2004 Indian Ocean tsunami in South and Southeast Asia. In 2017, Bush’s son George W. Bush, himself a former president by that time, called Clinton his “brother with a different mother.”

    Former first lady Michelle Obama and Barack Obama have publicly thanked George W. Bush and Laura Bush for helping their family adjust to life in the White House. Michelle Obama has also become known for her personal friendship with George W. Bush.

    And as medical advances enabled former presidents to live longer than ever, the relationships within a growing former presidents club became the subject of books, movies and television segments.

    All of these stories had the same message – that all presidents are committed to their country. Likewise, the amiable relationship between former and sitting presidents shows that if party leaders could overcome partisanship in the name of unity and friendship, so too could other Americans.

    In a remarkable moment, for example, three presidents from two different parties – Clinton, George W. Bush and Obama – came together for a video before Biden’s 2021 inauguration to call for unity in a moment of crisis.

    Following the Jan. 6, 2021, Capitol attack, they used their connection as presidents to tell a national story. As Bush said, “Well, I think the fact that the three of us are standing here talking about a peaceful transfer of power speaks to the institutional integrity of our country.”

    “America’s a generous country, people of great hearts. All three of us were lucky to be the president of this country,” Bush continued.

    The Republican former president looked at the Democrats on either side of him and smiled.

    Presidents Barack Obama, George W. Bush and Bill Clinton speak together in 2021.

    A new kind of presidential relations

    While friendships between presidents became more common in the 1990s and 2000s, Clinton and especially Trump were doing something different by the 2016 election.

    In 2016, Clinton became an active partisan in support of his wife, Hillary Clinton, during her unsuccessful bid for president.

    Both Clintons remained public critics of Trump long after he assumed office in 2017.

    For his part, Trump as a politician and then president immediately dismissed the notion of friendship with his predecessors and former competitors. He was quick to condemn Hillary Clinton – and especially Obama – in the early years of his first presidency.

    No sooner did Trump lose the 2020 election than he was heaping public scorn on Biden with an energy that only increased after Trump entered the 2024 race.

    Trump’s criticism of Biden did not stop after his 2024 victory, with the White House issuing statements like a pledge “to turn back the economic plague unleashed by the Biden Administration.”

    Trump has escalated attacks on other presidents. But he was not the first to criticize his successors or predecessors.

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

    – ref. Trump speaking poorly of other presidents is uncommon, but not unheard of, in American presidential history – https://theconversation.com/trump-speaking-poorly-of-other-presidents-is-uncommon-but-not-unheard-of-in-american-presidential-history-255568

    MIL OSI – Global Reports –

  • MIL-OSI Global: FDR united Democrats under the banner of ‘liberalism’ − but today’s Democratic Party has nothing to put on its hat

    Source: The Conversation – USA – By Kevin M. Schultz, Professor of History, University of Illinois Chicago

    President Franklin D. Roosevelt, left, popularized the term ‘liberal’; President Lyndon Johnson may have caused its demise. FDR: AFP/Getty; LBJ: Bettmann/Getty

    If Donald Trump has taught Americans anything, it’s that political parties can shift positions on any number of issues and retain strong support. Republicans had once been aggressive Cold Warriors, standing shoulder to shoulder with allies against Russia, but now they are isolationists. They once favored so-called “free markets,” but now they support tariffs. And they once supported cutting budget deficits, but now they balloon those deficits with tax cuts.

    Same party, different policies.

    This accords with recent scholarship showing that American political parties don’t have much ideological coherence around concepts such as “freedom” or “equality” but instead are more like social groups with strong communal bonds such as common sympathies and common enemies.

    It turns out that political parties are mostly just people rooting for their side, the way you might support a sports team. It doesn’t matter whether your team changes tactics. You still root for them.

    People do switch allegiances, but it often takes a traumatic event to stop seeing fellow partisans as good, reasonable people.

    Republicans right now have strong tribal belonging that begins and ends with a single question: Do you support President Trump? They have a banner to march under: MAGA. And a song: “God Bless the U.S.A.” They live, laugh and love to own the libs. Their signs and symbols are simple and amusing. And they are effective.

    The Democrats have nothing. No leader, no banner to march under, no signs and no symbols.

    They used to.

    In 1960, scholar Charles Frankel dived into the meaning of the politically important word ‘liberal’ in a commentary for The New York Times.
    New York Times archive

    The liberal past

    In the past, Democrats had a word to describe their sensibility: “liberal.” But now: RIP, liberal. No one, it seems, wants to be a liberal anymore.

    In my research on uses and abuses of the word liberal, I discovered that liberalism is a relatively new word in American politics, really starting only in 1932.

    That year, presidential candidate Franklin D. Roosevelt was searching for a way to fend off Republican accusations that his New Deal was “socialism,” a word with radical connotations.

    Liberalism as a word predates FDR’s usage, but he redefined it to signify the government regulation of capitalism and the use of the state to provide citizens with basic economic security.

    When in 1932 FDR accepted the nomination for president, he declared the Democratic Party “the bearer of liberalism,” by which he meant undertaking “planned action” while fighting for “the greatest good to the greatest number of our citizens.”

    FDR pitted his liberalism against his opponents, whom he labeled “conservatives.” The U.S. has had the liberal-conservative divide ever since.

    FDR’s successor, Democrat Harry Truman, recognized the power of the term, extravagantly claiming, “The liberal faith is the political faith of the great majority of Americans.”

    President John F. Kennedy gloried in the word, too, defining a liberal as “someone who welcomes new ideas without rigid reactions, someone who cares about the welfare of the people.”

    In 1960, philosopher Charles Frankel argued that liberalism as defined by FDR was a banner under which every Democrat marched, concluding that “anyone who today identifies himself as an unmitigated opponent of liberalism … cannot aspire to influence on the national political scene.”

    Shifting meanings

    Not for long.

    For one thing, in the 1950s the word shifted meaning to better accord with the times, as it had done several times in the past. During the post-World War II economic expansion, “a large part of the New Deal public,” historian Richard Hofstadter wrote in 1954, “have become home-owners, suburbanites and solid citizens.”

    Liberals therefore shifted liberalism. No longer were liberals solely about providing jobs and Social Security. They also demanded increased access to higher education, medical care and civil rights, and the elevation of popular culture.

    In 1956, future presidential adviser Arthur Schlesinger Jr. called this shift one from “quantitative” to “qualitative liberalism.”

    President Lyndon Johnson put this into effect in the mid-1960s. Johnson developed anti-poverty programs such as Head Start, but he also created cultural programs such as PBS, expanded civil rights and passed Medicare and Medicaid.

    “We are a great and liberal and progressive democracy,” Johnson declared in 1966.

    But Johnson’s qualitative liberalism came with costs. The programs expanded the federal bureaucracy, which by the late 1960s became noted for being ineffective and overly regulatory.

    Civil rights laws were perceived as threatening to the white working class. And Johnson’s liberalism became wedded to the war in Vietnam, where by 1969 more than 500,000 Americans were fighting to protect liberalism from the supposedly creeping arms of communism.

    Soon, the knives were out for liberals.

    3 lines of attack

    First, right-wing thinkers had already begun to portray liberals as little more than quasi-communists pushing for civil rights beyond most Americans’ desires.

    In 1955, conservative impresario William F. Buckley Jr. founded the magazine National Review to create “a responsible dissent from the Liberal orthodoxy.” He titled his 1959 book “Up from Liberalism” and spent 217 of the book’s 229 pages attacking liberals.

    Then leftist thinkers took their shot, imagining liberals as little more than beards for capitalism and foreign policy hawks.

    Left-wing novelist Norman Mailer summed up this sentiment in 1962, writing, “I don’t care if people call me a radical, a rebel, a red, a revolutionary, an outsider, an outlaw, a Bolshevik, an anarchist, a nihilist or even a left conservative, but please don’t ever call me a liberal.”

    Left-wing author Norman Mailer said in 1962 that people could call him a Bolshevik, an anarchist, a nihilist, ‘but please don’t ever call me a liberal.’
    Fred Stein Archive/Archive Photos/Getty Images

    Civil rights advocates took their turn, seeing liberals as halfway friends, unwilling to fully embrace equality. Historian Lerone Bennett Jr. wished liberals “a fond farewell” in 1964. In that same year, writer James Baldwin called white liberals an “affliction.”

    With attacks coming from multiple sides, by the 1970s Democrats ran from the label. And without defenders, enemies redefined liberals, first as out-of-touch elitists, then as allies of corporations ignoring the demands of working people, and eventually, today, as woke snowflakes.

    In 2009, political scientists examining a hundred years of polling data found that, starting in the mid-1960s, decreasing numbers of Americans referred to themselves as liberal. And because partisanship is a social dynamic, when the club began to shrink, the researchers wrote, it turned into “a spiral in which ‘liberal’ not only is unpopular, but becomes ever more so.”

    The researchers also found that most Americans still supported “‘liberal’ public policies” such as “redistribution, intervention in the economy, and aggressive governmental action to solve social problems.” Americans, apparently, just hated the label.

    “Owning the libs” has been the glue keeping together the Republican Party ever since.

    From ‘abundance’ to ‘Waymo’

    Democrats are now searching for a new label. What can replace liberalism?

    New York Times columnist Ezra Klein and Derek Thompson, who writes for The Atlantic, have proposed “abundance liberalism.” Other New York Times writers have also been busy envisioning this future. Reporter and editor David Leonhardt suggested “democratic capitalism.” Columnist Thomas Friedman improbably went with “Waymo Democrat,” referring to self-driving Waymo cars as a placeholder for an embrace of technological innovation.

    More realistically, political analyst E.J. Dionne and historian James Kloppenberg are writing a history of “social democracy” as a potential rallying cry for Democrats, pointing to its use by the most popular politician in America, Bernie Sanders.

    Whatever emerges, it’s helpful to remember that before 1932, hardly anyone in the U.S. used the word “liberal” to describe any kind of politics. Now, without finding a new emblem to rally behind, Democrats may be doing little more than battling that other neologism: MAGA.

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

    – ref. FDR united Democrats under the banner of ‘liberalism’ − but today’s Democratic Party has nothing to put on its hat – https://theconversation.com/fdr-united-democrats-under-the-banner-of-liberalism-but-todays-democratic-party-has-nothing-to-put-on-its-hat-255362

    MIL OSI – Global Reports –

  • MIL-OSI China: China’s inbound consumption rises on back of eased tax refund processes

    Source: People’s Republic of China – State Council News

    China witnessed a vibrant surge in inbound tourist consumption during the recent May Day holiday as more foreign visitors flocked to Chinese attractions and left with full shopping bags, driven by the country’s recently optimized tax refund policies.

    Central bank data has revealed that the number of transactions made by inbound visitors and processed through card payment giant China UnionPay or NetsUnion Clearing Corporation, a Chinese online payment clearing house, increased nearly 245 percent over the five-day holiday that ended on Monday, with the total transaction value up over 128 percent year on year.

    On mobile platforms, popular Chinese payment app Alipay reported a 180 percent rise in inbound tourist spending between May 1 and 3, while WeChat Pay recorded nearly tripled foreign user transaction volume and value figures in China compared to the same period last year.

    This rise in inbound consumption is the fruit of China’s latest push to encourage foreign tourist spending. In late April, the country introduced a package of measures to optimize its departure tax refund policy, including lowering the minimum purchase threshold for refunds, raising the cash refund ceiling, expanding the network of participating stores, and widening the range of products available.

    Overseas travelers in China can now claim a tax refund if they spend at least 200 yuan (about 27.75 U.S. dollars) at a single store in a single day and meet other relevant requirements, with refunds available in multiple forms, including mobile, bank and cash payments. The upper limit for cash refunds has been raised to 20,000 yuan.

    China’s metropolises led the shopping surge. From May 1 to 5, Beijing welcomed some 104,000 inbound tourists — up 42.4 percent year on year — whose spending saw a 48 percent year-on-year increase.

    In Shanghai, tax-refund-on-departure sales jumped 120 percent in value during the holiday, and the amount of tax refunded increased 130 percent. So far, 1,013 enterprises have registered for departure tax refund services, covering more than 3,300 branded stores.

    China’s streamlined tax refund process has also had an impact on figures. Right before this year’s May Day holiday, taxation authorities in Shanghai introduced self-service machines that allow foreign shoppers to submit most of their transaction details for their tax refund applications by scanning their passport and receipts.

    In the southwestern city of Chengdu, a refund-upon-purchase service which allows eligible tourists to receive tax refunds instantly at retail outlets rather than waiting until they leave the country, has benefited many foreign tourists during the holiday.

    “It’s so convenient, and I’m planning to buy more,” said a tourist from Singapore who received a refund of over 4,000 yuan when he bought two pieces of luggage at Chengdu IFS, one of the biggest shopping malls in the city.

    “Providing overseas travelers with a greater variety of shopping options and more convenient tax refund services will stimulate inbound consumption and support China’s high-standard opening-up and economic growth,” said Chen Binkai, vice president of the Central University of Finance and Economics.

    China introduced its departure tax refund policy for overseas travelers in 2015. Inbound tourist spending has increased over the years as China opens wider to global visitors by facilitating visas, payments and accommodation.

    The country now grants unilateral visa-free entry to people from 38 countries, and has extended its visa-free transit period to 240 hours for travelers from 54 countries. About 380,000 foreigners entered China under these arrangements during the May Day holiday, a year-on-year increase of 72.7 percent.

    China is also accelerating its development of international consumption center cities to stimulate inbound spending further. The country is working to transform five cities — Shanghai, Beijing, Guangzhou, Tianjin and Chongqing — into major shopping centers.

    In 2024, the number of inbound foreign travelers to the five cities doubled compared to the previous year. Together, they now account for nearly 70 percent of the country’s departure tax refund stores and more than half of imported consumer goods.

    “China’s inbound consumption holds great growth potential,” said Vice Commerce Minister Sheng Qiuping, noting that last year, spending by overseas visitors contributed about 0.5 percent of the country’s GDP, compared to 1 to 3 percent in major economies. 

    MIL OSI China News –

  • MIL-OSI China: Record-breaking Canton Fair highlights China’s trade resilience

    Source: People’s Republic of China – State Council News

    Defying global trade headwinds, the just-concluded 137th China Import and Export Fair set multiple records, demonstrating great vitality in foreign trade and injecting fresh momentum into global trade development.

    Also known as the Canton Fair, the event, which concluded on Monday in south China’s Guangdong Province, attracted over 288,000 overseas buyers, a 17.3 percent increase from the session of the same period last year and a new high, according to the China Foreign Trade Centre (CFTC), the organizer of the fair.

    Another record high was set by the number of leading multinational purchasing enterprises participating in the fair — reaching 376.

    “The fair’s phenomenal turnout demonstrates international buyers’ strong endorsement of high-quality ‘Made in China’ products and underscores China’s pivotal role in global supply chains,” said Mao Yanhua, director of the Institute of Regional Openness and Cooperation at Sun Yat-sen University.

    WIDESPREAD OPTIMISM

    “I’m continually impressed by China’s technology and unmatched manufacturing excellence. This inspires our great optimism about the economic prospects of China,” said Osama Alrefaei, China general manager of Alrefaei trading company from Saudi Arabia, who attended the session.

    At the 136th Canton Fair last year, Alrefaei inked a collaboration agreement with a Chinese baby products supplier. They are currently finalizing the terms of cooperation to jointly create a new baby product brand, which will be sold in Saudi Arabia.

    Among the record-breaking participation of over 288,000 overseas buyers at the 137th Canton Fair, there were over 170,000 first-time attendees, up 14.6 percent year on year.

    “This is our first time participating in the fair, and our focus is on processing machinery and equipment,” said a purchasing manager with DF import and export company from Vietnam. “With China’s ‘technology toolbox,’ more and more Southeast Asian countries are accelerating their transformation from assembly workshops to manufacturing hubs.”

    Despite the current complex international situation, overseas buyers demonstrated strong confidence in China and Chinese products, with many emphasizing their visit was more than just symbolic — the 137th Canton Fair has recorded 25.44 billion U.S. dollars in on-site intended export deals.

    According to the organizer, the international buyers come from 219 countries and regions. Purchasers from countries participating in Belt and Road cooperation totaled 187,450, up 17.4 percent year on year and representing 64.9 percent of all overseas buyers.

    “The fair holds an irreplaceable position in our business ecosystem,” said Davut Taser, general manager of Hometraz Trading Company from Türkiye, which has been participating in the Canton Fair for 25 years.

    Taser noted that many of the company’s core components come from China, calling such complementary cooperation “a vivid reflection of global industrial chains.”

    PRODUCT UPGRADE

    According to Chinese exhibitors at the 137th Canton Fair, products with exceptional quality, innovative features, and strong brand recognition have gained particular favor among international buyers, further boosting their confidence in pursuing diversified market expansion.

    After ordering 100 mobile smart panels manufactured by Shenzhen KTC Commercial Display Technology Co., Ltd. at the fair, a thrilled international purchaser even wanted to take away the company’s exhibition samples as well.

    “The market has voted — our innovative products are worth the price,” said Liu Feng, general manager of the commercial sales department of the Guangdong-based company. “We have completed our technology reserves and will deploy them when market conditions mature, aiming to attract more clients from emerging markets such as Central Asia, the Middle East, and South America.”

    As buyers arrive with higher expectations, Chinese companies are responding with more diverse and higher-quality products and services. Zhang Sihong, deputy director of the CFTC, noted that this edition of the Canton Fair has seen a surge in new technologies, innovative designs, advanced materials, and cutting-edge manufacturing processes.

    A total of 4.55 million exhibits were showcased, including 1.02 million new products, 880,000 green and low-carbon products, and 320,000 smart products.

    Deevesh Khatri, business development manager of Emerald Appliances from Dubai, has been visiting the Canton Fair with his father for over a decade, and now 99 percent of the firm’s suppliers are sourced from the event.

    “It’s like a one-stop supermarket and an industry think tank,” he said. “Here, we spot trends, expand our network, and even reinvent our business models.”

    Established in 1957, the Canton Fair is held twice a year in Guangzhou, capital of Guangdong. It is the longest-running of several international trade events in China and has been hailed as the barometer of China’s foreign trade.

    According to the General Administration of Customs, China’s total goods imports and exports in yuan-denominated terms expanded 1.3 percent year on year in the first quarter of 2025. 

    MIL OSI China News –

  • MIL-OSI Global: Black students are increasingly less likely to get a first or 2:1 than their white peers

    Source: The Conversation – UK – By David Mba, Vice-Chancellor, Birmingham City University

    Andrii Zastrozhnov/Shutterstock

    Black students are increasingly less likely to get a first or 2:1 than their white peers, according the latest Ethnic Representation Index for higher education in England and Scotland.

    This need for better representation for students was the impetus behind the development of the index, first launched in 2022. I began it while deputy vice-chancellor at the University of Arts London, with the intention of creating a consistent methodology and agreed metrics to measure the progress of universities in England and Scotland in addressing institutional racism, as well as to examine the sense of belonging and inclusion among Black, Asian and minority ethnic (BAME) staff and students.

    The index exposes the so-called “awarding gap” – that’s the difference between the proportion of white and BAME students awarded a first class or 2:1 degree. For Black and other ethnic minority students in England, it now stands at 14.1%, up from 12.3% the previous year. Indeed, 76% of universities in England and a similar proportion of universities in Scotland have a gap of more than 10%.

    For Black students in particular, the gap is even greater. It now stands at 21.6%, up from 19.3% in England. In Scotland, 81% of universities have a Black awarding gap of over 25%.

    Despite this, though, the index does show some encouraging signs. This is its third and latest iteration, which I co-authored with Chris Lloyd-Bardsley, Adam Weigel and Sandra Longville at the University of Arts London, covers the 2022-2023 academic year.

    According to data from the National Student Survey, the gap in reported satisfaction rates between white and students from ethnic minority backgrounds has narrowed over the last few years. Black students reported a better university experience than their white peers.

    Staff representation

    Staff, by and large, are becoming more representative of the student body. For instance, 20.2% of academics and 33.3% of undergraduates in England are from ethnic minority backgrounds.

    This is by no means parity, but it is progress when we consider that, in the last index, 18.5% of academics were from ethnic minority backgrounds. Representation among professional services staff, professors, senior managers and governors increased, too.

    Progress has also been made in Scotland. Black and ethnic minority students comprise 11.6% of the undergraduate student body there, 16% of postgraduate researchers – and 15.4% of academics. Representation among executive board members also increased.

    Interestingly, irrespective of the near parity in minority ethnic student and academic populations in Scotland, the awarding gaps are still high. This could in part be due to the concentration of staff and students from minority ethnic groups in different departments, schools and subject areas. So, while the overall representation looks equal, minority ethnic staff populations may be concentrated in only a few areas.

    Nonetheless, addressing the awarding gap isn’t entirely about representation.

    Some universities are signed up to the Race Equality Charter: an award provided to institutions addressing problems faced by ethnic minority staff and students. Universities can apply for a bronze or silver award depending on progress.

    At the time of developing this year’s index, 52 universities had achieved an award. I am pleased to note that 77% of these increased the proportion of Black and ethnic minority academic staff relative to students and 65% increased their proportion of Black academics.

    Yet while universities have made progress in some areas, it has stalled in others. In some cases, it has even retreated. The ethnicity pay gap measures the average gap across all university staff, including academic staff and professional services staff. The ethnicity pay gap increased this year by 0.4 percentage points to 6%. At some universities, gaps as high as 27.4% were reported.

    In Scotland, the figures are better, but a pay gap of 1.9% nevertheless persists.

    Mixed success

    And while representation may have increased among academics and professorial staff, the same cannot be said for the highest echelons of management. In England, Black and ethnic minority representation among executive teams fell from 7.7% to 7%. Black representation in England also fell, to only 0.7%.

    In Scotland, ethnic minority representation among executives increased, but Black representation fell. There are no reported Black executive board members in Scotland.

    For students in England, the disparity in continuation rates (the proportion of students who continue their studies into a second year) is 1.3 percentage points between Black and ethnic minority and white students. The disparity in completion rates (the proportion of students who can be tracked through to the end of their qualification) is 2.7 percentage points.

    For Black students in particular the gap is even greater. There is a continuation rate gap of 2.5 percentage points and a completion rate gap of 4.5 percentage points between Black and white students. Some universities in England reported completion rate disparities for Black students of over 15%.

    Moreover, Black and ethnic minority graduates in England are 2.5 percentage points less likely to be in employment or further study 15 months after graduating than their white peers, though this does mark a slight improvement of 0.4 percentage points from last year.

    Students from an ethnic minority background have previously been shown to worry that the absence of lecturers from a similar background could have an effect on their achievement, as well as their sense of belonging at university, their engagement with their course. For these students, having a teacher that looks like them can have a transformational impact.

    We may be tempted to believe the path toward equality in higher education is straight and narrow. Make the commitment, put in place the strategy, the rest will follow. This is evidently not the case. We should gain some comfort that universities are making progress in some areas. However, it is disappointing that higher education institutions have fallen back elsewhere.

    David Mba 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. Black students are increasingly less likely to get a first or 2:1 than their white peers – https://theconversation.com/black-students-are-increasingly-less-likely-to-get-a-first-or-2-1-than-their-white-peers-255546

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Lord Mayor marks 80th anniversary of VE Day at wreath laying ceremony

    Source: City of Leeds

    The Lord Mayor of Leeds, Councillor Abigail Marshall Katung, this morning marked the 80th anniversary of Victory in Europe Day by laying a wreath at the city’s war memorial.

    The Lord Mayor was joined at war memorial in Victoria Gardens by the Lord Lieutenant of West Yorkshire, Ed Anderson, the Leader of Leeds City Council, Councillor James Lewis, and Leeds City Council chief executive, Ed Whiting, Mayor of West Yorkshire, Tracy Brabin together with veterans and guests.

    Victory in Europe Day, known as VE Day, marked the unconditional surrender of the German armed forces on May 8 1945, ending nearly six years of fighting in the European theatre of war.

    However, fighting in the Far East continued for another three months following VE Day, with Japanese forces surrendering on August 14 1945. The surrender of Japan is known as Victory over Japan Day, or VJ Day.

    The Lord Mayor of Leeds, Councillor Abigail Marshall Katung, said: “The Second World War was the costliest conflict in human history, fought to defend the freedoms that we still enjoy today. 

     “It was therefore my honour to lay a wreath in remembrance of all the sacrifices made by the people of many nations who worked and fought together against tyranny.”

    The culmination of the anniversary in Leeds will see the Lord Mayor host a special civic event to mark both VE and VJ Day at Leeds Minster on Saturday evening (May 10).

    The civic event will be especially poignant, as the Lord Mayor will present 101-year-old Jack Mortimer, one of the last surviving veterans of D-Day, with the Leeds Award.

    The Leeds Award formally recognises the achievement of people who have made an enormous contribution to the city, with their names proudly displayed on the wall in the antechamber of Leeds Civic Hall.

    Guests invited to the civic event include royal representatives and civic leaders from across West Yorkshire, along with diplomats and ambassadors.

     The event will feature orchestral, choir, and bagpipe performances, contemporary songs of the war era, and personal stories of Leeds people who contributed to the victory.

    A limited number of tickets for the event which takes place at 7:30pm on May 10 at Leeds Minster, are still available. Tickets are £5 with all proceeds being donated to the Royal British Legion Poppy Appeal; however, concessions are available. You can book your ticket by visiting: https://www.leedstickethub.co.uk/whatson-event/80th-anniversary-of-ve-vj-day-commemoration-concert/

    MIL OSI United Kingdom –

  • MIL-OSI: Occupancy Analytics Leader Lambent Adds Two Higher Ed Veterans to its Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 08, 2025 (GLOBE NEWSWIRE) — Occupancy analytics software company Lambent today announced the addition of two new members to its Board of Advisors. Robert Wynkoop, Vice President of Operations and Finance at Covenant College, and Maria O’Callaghan-Cassidy, former Senior Associate Vice President, Campus Operations at the University of Richmond, join Lambent’s advisory board to help build on the company’s success working with higher education institutions and corporations. Both bring an invaluable perspective on how occupancy analytics can help optimize organizations’ approaches to real estate investment and space management while also providing employees, students and visitors with the best possible experiences in those spaces.

    “Rob and Maria both bring a great mix of operational and finance experience across higher education, government and corporate real estate,” said Julie Roberts, Lambent’s Co-Founder and Chief Strategy Officer. “Rob also has first-hand experience and success with the Lambent Spaces platform. That combination provides a really valuable perspective as we look to expand the value and footprint of our solutions across corporate and higher ed campuses.”

    In his role as Vice President of Operations and Finance at Covenant College, Wynkoop oversees finance and accounting, business operations, facilities and maintenance, human resources, and technology services. Before joining Covenant in 2024, he spent 11 years at Purdue University, where his team managed space administration, real estate and development, logistics and procurement services on campus and at the Purdue University Airport, the Purdue Memorial Union, and Purdue Conferences. While at Purdue, Wynkoop oversaw the implementation of the Lambent Spaces occupancy analytics platform that currently helps manage over one million square feet on its West Lafayette campus. That implementation has assisted Purdue in avoiding approximately $30 million in operating expenses through better space utilization. Earlier in his career, Wynkoop served at the Indiana Department of Administration (IDOA) under Governor Mitch Daniels, holding the position of commissioner from 2010 to 2013.

    O’Callaghan-Cassidy brings extensive experience in higher education facilities management and campus operations. Most recently as Senior Associate Vice President of Campus Operations at the University of Richmond, she led a team of 400+ professionals across dining services, campus business services, facilities operations, architecture and campus operations budget and finance. Previously, she spent 25 years at The Wharton School where she rose through the ranks from Manager of Scheduling and Facilities Services to Senior Director of Operations to Executive Director of Design & Construction and Facilities Planning and Operations.

    About Lambent
    Lambent is an occupancy analytics software company helping corporate and higher ed campuses optimize space utilization, facilities operations and real estate investments. Its SaaS platform, Lambent Spaces, leverages existing data sources such as Wi-Fi and sensors to provide anonymous and predictive analytics to inform decisions related to utilization, workplace experiences, planning, scheduling, and maintenance. The software delivers actionable intelligence so facilities professionals and space planners can make better use of the spaces they have. For more information, visit https://lambentspaces.com/.

    The MIL Network –

  • MIL-OSI: International companies to host live webcasts at Deutsche Bank’s Depositary Receipts Virtual Investor Conference on May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference (“dbVIC”) on Thursday, May 15, 2025 featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the United States.

    Representatives from participating companies based in China, Hong Kong, Philippines, Denmark, Germany, South Africa, Switzerland, Sweden, and the United Kingdom will respond to questions during formal presentations. The conference is targeted to all categories of investors and analysts interested in international companies.

    There is no fee for participants to log in, attend live presentations and/or ask questions.

    Pre-registration is suggested. Please register here: www.adr.db.com/dbvic

    Conference Agenda May 15th, 2025 (US Eastern Standard Time):

    • 8:00 AM: Bavarian Nordic A/S (Nasdaq Copenhagen: BAVA, OTC: BVNRY)  
    • 8:30 AM: Viomi Technology Co., Ltd (NASDAQ: VIOT)
    • 9:00 AM: Infineon Technologies AG (Xetra: IFX, OTC: IFNNY)
    • 9:30 AM: Clicks Group Ltd (JSE: CLS, OTC: CLCGY)
    • 10:00 AM: First Pacific Company Ltd (HKEX: 142, OTC: FPAFY)
    • 10:30 AM: HUTCHMED (China) Limited (AIM: HCM, NASDAQ: HCM, and HKEX:13)
    • 11:00 AM: 51Talk Online Education Group (NYSE American: COE)
    • 11:30 AM: Yiren Digital Ltd. (NYSE: YRD)
    • 12:00 PM: ABB Ltd. (SIX: ABBN, OTC: ABBNY)
    • 12:30 PM: Belite Bio, Inc  (NASDAQ: BLTE)
    • 13:00 PM: Epiroc AB (Nasdaq Stockholm: EPIA, OTC: EPOAY)
    • 13:30 PM: International Airlines Group (LSE: IAG, MAD: IAG, OTC: ICAGY)
    • 14:00 PM: BDO Unibank, Inc (PSE: BDO, OTC: BDOUY)
    • 14:30 PM: iHuman Inc. (NYSE: IH)

    The presentations will be available for replay after the conference.

    In addition to specializing in administering cross-border equity structures such as American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

    For further information, please contact:
    Dylan Riddle
    Deutsche Bank AG
    Press & Media Relations
    Tel. +12122504982
    Cell. +1(904)3866481
    Email dylan.riddle@db.com

    Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

    Deutsche Bank is sponsoring the Deutsche Bank Depositary Receipt Investor Conference solely for informational purposes. Deutsche Bank does not prepare, review, approve or edit any presentations, statements, documents or other information or materials, whether in written, electronic or verbal form, provided by any company participating in such conference, and disclaims any responsibility for the accuracy or adequacy of any such information or materials. Deutsche Bank is not promoting, endorsing or recommending any company participating in the conference.

    The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the “Act”) on Form F-6. The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant as to or guarantee the accuracy or completeness of the details contained herein and does not undertake an obligation to update or amend this information. Deutsche Bank, its subsidiaries and/or affiliates disclaims any and all liability to fullest extent permitted by law, whether arising in tort, contract or otherwise, which any of them might otherwise have in respect of the above information. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities in the United States, nor does it constitute an offer or solicitation to any person in any other jurisdiction. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© May 2025 Deutsche Bank AG. All rights reserved.

    The MIL Network –

  • MIL-OSI China: China urges relevant countries stop stirring up trouble in South China Sea

    Source: People’s Republic of China – State Council News

    China firmly opposes the recent joint sea and air patrol in the South China Sea by the Philippines, the United States and Australia and their hyping up of the event, a Chinese foreign ministry spokesperson said on Thursday.

    Spokesperson Lin Jian made the remarks while responding to a relevant query at a daily news briefing.

    Lin said the current situation in the South China Sea is generally stable, with no issues regarding the freedom of navigation and overflight enjoyed by countries under international law.

    Activities conducted by countries in the South China Sea should adhere to international law and the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), and must not target third countries and jeopardize regional peace and stability, he added.

    “The Philippines, violating international law and the DOC, has frequently made infringements and provocations and stirred up troubles at sea,” Lin said, adding that it has sought to collude with external forces to disrupt peace in the South China Sea, showing off military power and serving as a pawn, which will ultimately backfire.

    Lin pointed out that certain extraterritorial countries, including the United States, have been assembling small circles in the South China Sea, engaging in confrontation in the name of cooperation, showing off military strength under the guise of freedom, and creating chaos in the name of order, posing the greatest risk to peace and stability in the region.

    China has been firm in maintaining its territorial sovereignty and maritime rights and interests and has worked with regional countries to uphold peace and stability in the South China Sea, Lin noted.

    “We advise relevant countries to cease forming cliques and stirring up trouble in the South China Sea and to stop undermining regional peace and stability,” he added. 

    MIL OSI China News –

  • MIL-OSI Banking: Investments by Foreign Portfolio Investors in Corporate Debt Securities through the General Route – Relaxations

    Source: Reserve Bank of India

    RBI/2025-26/35
    FMRD.FMD.No.01/14.01.006/2025-26

    May 08, 2025

    To,

    All Authorised Persons

    Madam/Sir,

    Investments by Foreign Portfolio Investors in Corporate Debt Securities through the General Route – Relaxations

    Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396/2019-RB dated October 17, 2019, as amended from time to time; and the Master Direction – Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 dated January 07, 2025 [hereinafter, ‘Master Direction’].

    2. At present, investments by Foreign Portfolio Investors (FPIs) in corporate debt securities through the General Route are subject to the short-term investment limit and the concentration limit as prescribed in paragraphs 4.4(iii) and 4.4(v) of the Master Direction, respectively. On a review, and with a view to providing greater ease of investment to FPIs, it has been decided to withdraw the requirement for investments by FPIs in corporate debt securities to comply with the short-term investment limit and the concentration limit.

    3. The directions in this circular are issued with immediate effect.

    4. The updated Master Direction is enclosed herewith.

    5. AD Category-I banks may bring the contents of these directions to the notice of their constituents.

    6. The directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) without prejudice to permissions/approval, if any, required under any other law.

    Yours faithfully

    (Dimple Bhandia)
    Chief General Manager

    MIL OSI Global Banks –

  • MIL-OSI Economics: RBI imposes monetary penalty on The Nicholson Co-operative Town Bank Ltd., Tamil Nadu

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated May 06, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Nicholson Co-operative Town Bank Ltd., Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, their relatives, and firms /concerns in which they are interested’ and ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had:

    1. sanctioned certain director related loans; and

    2. failed to upload the KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed timeline.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/286

    MIL OSI Economics –

  • MIL-OSI Russia: China warns Philippines against infringing on China’s core interests in any form

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    Xinhua | 08. 05. 2025

    Keywords: any form, interests of China, infringement, China, Philippines, warned, Philippines, stern warning, departmental press, Zhang, Shandong, Thursday, exercises, Taiwan, USA, North

    BEIJING, May 8 (Xinhua) — Chinese Defense Ministry spokesman Zhang Xiaogang on Thursday issued a stern warning to the Philippines against infringing on China’s core interests in any form.

    Zhang Xiaogang made the remarks at a departmental press conference in response to a question about the appearance of the Chinese aircraft carrier Shandong in waters north of the Philippines during recent joint military exercises between the Philippines and the United States, as well as a statement by a Philippine Navy spokesman about possible joint exercises involving the Philippines and Taiwan. -0-

    Source: Xinhua

    China warns Philippines against infringing on China’s core interests in any form China warns Philippines against infringing on China’s core interests in any form

    MIL OSI Russia News –

  • MIL-OSI Russia: China condemns US attempts to turn Asia-Pacific region into a ‘powder keg’

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, May 8 (Xinhua) — The U.S. attempt to turn the Asia-Pacific region into a “powder keg” is seriously undermining the security and well-being of people in the region, Chinese Defense Ministry spokesman Zhang Xiaogang said Thursday.

    He made the statement in response to a question from media representatives about the US Defense Secretary’s calls to contain China in the Indo-Pacific region and Washington’s plans to establish a major military facility in the Philippines to store weapons, equipment and logistics.

    “In order to maintain its hegemony, the United States has repeatedly used China as a pretext in an attempt to turn the Asia-Pacific region into a ‘powder keg’, endangering various countries,” Zhang Xiaogang said, stressing that such actions seriously harm the security and well-being of the countries in the region and their people.

    “Facts have repeatedly proven that being an enemy of the United States is dangerous, but being a friend can be deadly,” a Chinese defense official said. He urged interested countries “not to invite trouble or become pawns in someone else’s hands” to avoid undermining the hard-won peace and stability in the Asia-Pacific region. -0-

    MIL OSI Russia News –

  • MIL-OSI: Primech AI Plans Production of 300 HYTRON Robots through its China Manufacturing Expansion

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 08, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a significant expansion of its manufacturing capabilities through a strategic manufacturing partnership in Guangdong Province, China. The partnership will support the growing global demand for Primech AI’s innovative HYTRON bathroom cleaning robots, with plans to roll out 300 robots in the initial production phase.

    The partnership establishes a comprehensive manufacturing framework with a well-established electronics manufacturer in Huizhou City of Guangdong Province, creating a robust production base to serve markets across Asia and beyond. This strategic location in China’s manufacturing heartland provides Primech AI access to a sophisticated electronics supply chain and specialized technical expertise.

    “This manufacturing partnership in China represents a significant advancement in our production strategy,” said Charles Ng, Co-Founder and Chief Operating Officer of Primech AI. “The Guangdong region offers unparalleled advantages in electronics manufacturing infrastructure, component sourcing, and technical knowledge, enabling us to scale production efficiently while maintaining the highest quality standards for our HYTRON robots. Our ambitious target of rolling out 300 robots demonstrates our commitment to meeting market demand and accelerating our growth trajectory.”

    Under the terms of the agreement, the manufacturing partner will manage the full production cycle for Primech AI’s HYTRON bathroom cleaning robots, including manufacturing and assembly based on Primech AI’s detailed specifications, implementation of comprehensive quality assurance protocols, performance of rigorous functionality and safety testing, securing necessary certifications to meet international regulatory requirements, and production scheduling and delivery timeline management. The manufacturing agreement covers an initial two-year period and includes provisions for regular quality monitoring, performance reporting, and collaborative development to ensure continuous improvement of manufacturing processes.

    “Quality and reliability are foundational to our HYTRON technology, and our manufacturing partner in China brings extensive experience producing sophisticated electronic and robotic systems,” added Ng. “This collaboration allows us to leverage specialized manufacturing expertise while ensuring our exacting standards are maintained throughout the production process.”

    The strategic location in China provides Primech AI with several key advantages. Access to a mature electronics manufacturing ecosystem enables efficient production scaling and quality control. The proximity to specialized component suppliers streamlines the supply chain and reduces procurement lead times. The facility offers scalable production capacity to meet the growing global demand for HYTRON robots, starting with the 300-unit initial target. Finally, the location provides efficient logistics for serving Asian markets, reducing shipping times and transportation costs.

    This expansion of manufacturing capabilities in China complements Primech AI’s recent product innovations and market expansion initiatives, reinforcing the Company’s commitment to meeting growing global demand for its autonomous cleaning solutions.

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:
    Matthew Abenante, IRC
    President
    Strategic Investor Relations, LLC
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

  • MIL-OSI: Tower Semiconductor to Attend the 22nd Annual Craig-Hallum Institutional Investor Conference and the 53rd Annual TD Cowen Technology, Media & Telecom Conference

    Source: GlobeNewswire (MIL-OSI)

    MIGDAL HAEMEK, Israel, May 08, 2025 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will participate in the 22nd Annual Craig-Hallum Institutional Investor Conference in Minneapolis on Wednesday, May 28 and in the 53rd Annual TD Cowen Technology, Media & Telecom Conference in New York on Thursday, May 29. There will be an opportunity for investors to meet one-on-one with company representatives. Interested investors should contact the conference organizers or email the investor relations team at towersemi@kcsa.com.

    About Tower Semiconductor

    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiPho, SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services, including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

    Contact Information:
    Liat Avraham
    Investor Relations
    liatavra@towersemi.com | +972 4 650 6154

    David Hanover
    KCSA Strategic Communications

    towersemi@kcsa.com | 212-682-6300

    Attachment

    The MIL Network –

  • MIL-OSI: Aemetis Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    • California Ethanol passes $2 billion cumulative revenue milestone.
    • Aemetis Biogas increased sales by 10,100 MMBtu compared with same quarter last year
    • Sales of investment tax credits resulted in cash proceeds of $19.0 million during Q1 2025.
    • India Biodiesel received letters of intent in April for an aggregate of $31 million of biodiesel sales to OMCs for delivery in May, June and July of 2025.

    CUPERTINO, Calif., May 08, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products that replace petroleum products and reduce greenhouse gas emissions, today announced its financial results for the three months ended March 31, 2025.

    “Revenues during the first quarter of 2025 of $42.9 million reflect continued and strong execution by our California Ethanol and Dairy Renewable Natural Gas segments. After a pause in production and supply under the OMC contracts, our India Biodiesel segment is now approved to return to regular production levels,” said Todd Waltz, Chief Financial Officer of Aemetis. “We look forward to substantial additional revenues when we receive the LCFS provisional pathway approvals that are expected to approximately double our LCFS revenues and receive the federal Inflation Reduction Act Section 45Z production tax credits,” added Waltz.

    “We are pleased with the continued growth of Aemetis Biogas production and continued progress with building a large centralized dairy digester to process waste from four dairies that is expected to be operational in the next few months,” said Eric McAfee, Chairman and CEO of Aemetis. “Our continued focus on significantly improving cash flow from our California Ethanol segment by replacing fossil natural gas with lower carbon electricity is now underway with the fabrication of the equipment for the mechanical vapor recompression project.”

    Today, Aemetis will host an earnings review call at 11:00 a.m. Pacific time (PT).

    Live Participant Dial In (Toll Free): +1-877-545-0523 entry code 761021
    Live Participant Dial In (International): +1-973-528-0016 entry code 761021
    Webcast URL: https://www.webcaster4.com/Webcast/Page/2211/52416

    For details on the call, please visit http://www.aemetis.com/investors/conference-calls/

    Financial Results for the Three Months Ended March 31, 2025

    Total revenues during the first quarter of 2025 were $42.9 million compared to $72.6 million for the first quarter of 2024. Delays with the receipt of contracts in India from the government-owned Oil Marketing Companies accounted for the decline in revenue. New OMC letters of intent for $31 million were issued in April 2025 and we started shipments in April. Our Keyes ethanol plant increased revenues by $1.7 million due principally to an increase in the average price of Ethanol from $1.79 during 2024 to $1.98 during the first quarter of 2025. Our Dairy Natural Gas segment sold 70,900 MMBtu of renewable natural gas, an increase of 10,100 MMBtu from the same quarter last year.

    Gross loss for the first quarter of 2025 was $5.1 million, compared to a $0.6 million loss during the first quarter of 2024.

    Selling, general and administrative expenses increased by $1.6 million to $10.5 million during the first quarter of 2025 compared to $8.9 million during the same period in 2024, driven primarily from legal and other transaction costs associated with receiving $18 million of cash proceeds from tax credit sales during the first quarter.

    Operating loss was $15.6 million for the first quarter of 2025, compared to operating loss of $9.5 million for the same period in 2024.

    Interest expense, excluding accretion of Series A preferred units in the Aemetis Biogas LLC subsidiary, increased to $13.7 million during the first quarter of 2025 compared to $10.5 million during the first quarter of 2024. Additionally, Aemetis Biogas recognized $2.3 million of accretion of Series A preferred units during the first quarter of 2025 compared to $3.3 million during the first quarter of 2024.

    Income tax expense included a benefit from the sale of $7.0 million of Investment Tax Credits during the first quarter of 2025.

    Net loss was $24.5 million for the first quarter of 2025, compared to net loss of $24.2 million for the first quarter of 2024.

    Cash at the end of the first quarter of 2025 was $500 thousand compared to $900 thousand at the close of the fourth quarter of 2024. We recorded investments in capital projects related to the reduction of the carbon intensity of Aemetis ethanol and construction of dairy digesters of $1.8 million for the first quarter of 2025. Additionally, payments of $15.4 million were applied to the repayment of debt during the first quarter.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development, and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California, renewable hydrogen, and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com. 

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    NON-GAAP FINANCIAL INFORMATION

    We have provided non-GAAP measures as a supplement to financial results based on GAAP. A reconciliation of the non-GAAP measures to the most directly comparable GAAP measures is included in the accompanying supplemental data. Adjusted EBITDA is defined as net income/(loss) plus (to the extent deducted in calculating such net income) interest and amortization expense, income tax expense or benefit, accretion expense, depreciation expense, and share-based compensation expense.

    Adjusted EBITDA is not calculated in accordance with GAAP and should not be considered as an alternative to net income/(loss), operating income or any other performance measures derived in accordance with GAAP or to cash flows from operating, investing or financing activities as an indicator of cash flows or as a measure of liquidity. Adjusted EBITDA is presented solely as a supplemental disclosure because management believes that it is a useful performance measure that is widely used within the industry in which we operate. In addition, management uses Adjusted EBITDA for reviewing financial results and for budgeting and planning purposes. EBITDA measures are not calculated in the same manner by all companies and, accordingly, may not be an appropriate measure for comparison.

    Safe Harbor Statement

    This news release contains forward-looking statements, including statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements in this news release include, without limitation, statements relating to our five-year growth plan; trends in market conditions with respect to prices for inputs for our products versus prices for our products; our ability to fund, develop, build, maintain and operate digesters, facilities and pipelines for our Dairy Renewable Natural Gas segment; our ability to fund, develop and operate our Sustainable Aviation Fuel, Renewable Diesel, and Carbon Capture and Sequestration projects, including obtaining required permits; our ability to receive awarded grants by meeting all of the required conditions, including meeting the minimum contributions; our ability to fund, develop and operate our sustainable aviation fuel and renewable biodiesel projects; our intention to repurchase the Series A preferred units relating to our Aemetis Biogas subsidiary and the expected valuation premium thereof; and our ability to raise additional capital. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filed documents. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

    (Tables follow)

    AEMETIS, INC.  
    CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS  
    (unaudited, in thousands, except per share data)  
                   
            For the three months ended March 31,  
              2025       2024    
                   
    Revenues   $ 42,886     $ 72,634    
    Cost of goods sold     47,966       73,246    
    Gross loss     (5,080 )     (612 )  
                   
    Selling, general and administrative expenses     10,475       8,850    
    Operating loss     (15,555 )     (9,462 )  
                   
    Other expense (income):          
      Interest expense          
        Interest rate expense     11,018       9,092    
        Debt related fees and amortization expense   2,675       1,421    
        Accretion and other expenses of Series A preferred units   2,279       3,311    
      Other (income) expense     (215 )     67    
    Loss before income taxes     (31,312 )     (23,353 )  
      Income tax expense (benefit)     (6,783 )     878    
    Net loss   $ (24,529 )   $ (24,231 )  
                   
    Net loss per common share          
      Basic   $ (0.47 )   $ (0.58 )  
      Diluted   $ (0.47 )   $ (0.58 )  
                   
    Weighted average shares outstanding          
      Basic     52,584       41,889    
      Diluted     52,584       41,889    
                   
             
    AEMETIS, INC.
    CONSOLIDATED CONDENSED BALANCE SHEETS
    (in thousands)
                     
              March 31, 2025   December 31, 2024  
              (Unaudited)      
    Assets              
      Current assets:            
        Cash and cash equivalents     $ 499     $ 898    
        Accounts receivable     1,043       1,805    
        Inventories       22,930       25,442    
        Tax credit sale receivable       –       12,300    
        Prepaid and other current assets       4,021       4,251    
      Total current assets       28,493       44,696    
                     
        Property, plant and equipment, net       199,435       199,392    
        Other assets       14,590       15,214    
      Total assets     $ 242,518     $ 259,302    
                     
    Liabilities and stockholders’ deficit            
      Current liabilities:            
        Accounts payable     $ 32,115     $ 33,139    
        Current portion of long term debt       93,669       63,745    
        Short term borrowings     25,878       26,789    
        Other current liabilities       22,939       20,295    
      Total current liabilities       174,601       143,968    
                     
      Total long term liabilities       348,612       379,262    
                     
      Stockholders’ deficit:            
        Common stock     54       51    
        Additional paid-in capital       313,075       305,329    
        Accumulated deficit     (587,471 )     (562,942 )  
        Accumulated other comprehensive loss       (6,353 )     (6,366 )  
      Total stockholders’ deficit       (280,695 )     (263,928 )  
    Total liabilities and stockholders’ deficit     $ 242,518     $ 259,302    
                 
                     
    AEMETIS, INC.
    RECONCILIATION OF ADJUSTED EBITDA TO NET INCOME/(LOSS)
    (unaudited, in thousands)
                 
                 
          For the three months ended March 31,  
      EBITDA Calculation   2025       2024    
                 
      Net income (loss) $ (24,529 )   $ (24,231 )  
      Adjustments        
        Interest and amortization expense   13,705       10,525    
        Depreciation expense   2,357       1,798    
        Accretion of Series A preferred units   2,279       3,311    
        Share-based compensation   2,308       2,969    
        Income tax expense (benefit)   (6,783 )     878    
      Total adjustments   13,866       19,481    
                 
      Adjusted EBITDA $ (10,663 )   $ (4,750 )  
                 
                 
    AEMETIS, INC.
    PRODUCTION AND PRICE PERFORMANCE
    (unaudited)
               
      Three Months ended March 31,  
        2025       2024    
               
    California Ethanol          
    Ethanol          
    Gallons sold (in millions)   14.1       14.1    
    Average sales price/gallon $ 1.98     $ 1.79    
    Percent of nameplate capacity   103 %     103 %  
    WDG          
    Tons sold (in thousands)   93       94    
    Average sales price/ton $ 86     $ 98    
    Delivered Cost of Corn          
    Bushels ground (in millions)   4.8       4.9    
    Average delivered cost / bushel $ 6.63     $ 6.33    
               
    California Dairy Renewable Natural Gas          
    Renewable Natural Gas          
    MMBtu sold (in thousands)   70.9       60.8    
    Average price per MMBtu $ 3.65     $ 4.02    
    MMBtu stored as inventory   33.1       46.8    
    RINs          
    RINs sold (in thousands)   388.2       766.4    
    Average price per RIN $ 2.64     $ 3.08    
    LCFS          
    LCFS credits sold (in thousands)   16.0       18.0    
    Average price per LCFS credit $ 72.50     $ 66.00    
               
    India Biodiesel          
    Biodiesel          
    Metric tons sold (in thousands)   0       27.5    
    Average Sales Price/Metric ton $ –     $ 1,127    
    Percent of Nameplate Capacity   0 %     73.4 %  
    Refined Glycerin          
    Metric tons sold (in thousands)   0.0       2.4    
    Average Sales Price/Metric ton $ –     $ 551    

    The MIL Network –

  • MIL-OSI: Xunlei Limited Schedules 2025 Unaudited First Quarter Earnings Release on May 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, May 08, 2025 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2025 on May 15, 2025 before market open.

    The earnings press release will be available on the Company’s investor relations page at http://ir.xunlei.com.

    Conference Call

    Xunlei’s management will host a conference call at 8:00 a.m. U.S. Eastern Time on May 15, 2025 (8:00 p.m. Beijing/Hong Kong Time), to discuss the Company’s quarterly results and recent business developments.

    Conference Call Preregistration

    Participant Online Registration:
    https://register-conf.media-server.com/register/BIe31316b11951413ca6026dd0a7227b38

    Please register to join the conference using the link provided above and dial in 10 minutes before the call is scheduled to begin. Once registered, the participants will receive an email with personal PIN and dial-in information, and participants can choose to access either via Dial-In or Call Me. A kindly reminder that “Call Me” does not work for China number.

    The Company will also broadcast a live audio webcast of the conference call. The webcast will be available at http://ir.xunlei.com. Following the earnings conference call, an archive of the call will be available at https://edge.media-server.com/mmc/p/vrett8r2

    About Xunlei

    Founded in 2003, Xunlei Limited (NASDAQ: XNET) is a leading technology company providing distributed cloud services in China. Xunlei provides a wide range of products and services across cloud acceleration, shared cloud computing and digital entertainment to deliver an efficient, smart and safe internet experience.

    Contact:
    Xunlei Limited Investor Relations

    Email: ir@xunlei.com
    Tel: +86 755 6111 1571
    Website: http://ir.xunlei.com

    The MIL Network –

  • MIL-OSI: Scality named a 2025 Stevie Award winner

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 08, 2025 (GLOBE NEWSWIRE) — Scality, a global leader in cyber-resilient storage software for the AI era, announced today that its ARTESCA 3.0 solution earned a Gold Stevie® Award in the Cloud Storage & Backup Solution category, the highest award level, as part of The 23rd Annual American Business Awards®.

    The American Business Awards — a.k.a. “The Stevies” — is a premier business awards program in the US. All organizations operating in the country are eligible to submit nominations – public and private, for-profit and nonprofit, large and small.

    Launched nearly a year ago, ARTESCA 3.0 introduced groundbreaking CORE5 API-to-Architecture cyber resilience. CORE5 is a reference to the five levels of ransomware protection: 1) API, 2) data, 3) storage, 4) geography, and 5) architecture. ARTESCA 3.0 is the first object storage solution of any kind to offer such a comprehensive level of protection.

    Since then, the company has released an all-flash version of the ARTESCA hardware appliance and a pay-as-you-go service offering for Veeam cloud service providers. Last week, Scality unveiled another industry first: the ARTESCA+ Veeam unified software appliance, which combines Veeam Backup & Replication™ software with ARTESCA object storage software in a single, streamlined software appliance.

    With a variety of deployment models, ARTESCA provides midsize enterprises and companies that lack deep technical resources enterprise-grade cyber-resilient storage without the need for deep storage or OS expertise. ARTESCA has become a critical offering — and a cash cow — for channel partners, who have found that the product uniquely meets the needs of this customer segment.

    “Where the industry had previously been focused on immutability, ARTESCA raised the bar significantly over the past year with its five-level end-to-end cyber resilience,” said Eric LeBlanc, GM, ARTESCA and Channel Chief, Scality. “Its fast deployment and easy maintenance has put industry-standard cybersecurity within the reach of smaller companies, which is why ARTESCA continues to garner recognition from independent third parties.”

    Nicknamed the Stevies for the Greek word meaning “crowned,” The American Business Awards garnered more than 3,600 nominations from organizations of all sizes and in virtually every industry across a wide range of categories. More than 250 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

    “Organizations across the United States continue to demonstrate resilience and innovation,” said Stevie Awards president Maggie Miller. “The 2025 Stevie winners have helped drive that success through their innovation, persistence, and hard work. We congratulate all of the winners in the 2025 ABAs and look forward to celebrating their achievements during our June 10 gala event in New York.”

    Details about The American Business Awards and the list of 2025 Stevie winners are available at www.StevieAwards.com/ABA. For more information about ARTESCA, visit the product line’s microsite.

    About the Stevie Awards
    Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com. 

    About Scality
    Scality solves organizations’ biggest data storage challenges — growth, security, performance, and cost. Designed for end-to-end cyber resilience, only Scality S3 object storage with CORE5 safeguards data at every level of the system, from API to architecture. Its patented MultiScale Architecture enables limitless, independent scalability in all critical dimensions to meet the unpredictable demands of modern workloads. The world’s most discerning companies depend on Scality to accelerate high-performance AI initiatives, optimize cloud deployments, and defend their data with confidence. Recognized as a leader by Gartner, Scality software is reliable, secure, and sustainable. Follow us on LinkedIn. Visit www.scality.com and our blog.

    Media Contact:
    Jon Lavietes
    A3 Communications
    +1 415-572-4408
    jon.lavietes@a3communicationspr.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/92069d27-1be4-4653-aed9-6dca964cb48f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3a34a1c9-36f3-4c09-b2c6-eb46f902fdb7

    The MIL Network –

  • MIL-OSI: Caliber Receives Design Review Approval for PURE Pickleball & Padel Project

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., May 08, 2025 (GLOBE NEWSWIRE) — Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that its joint venture development, PURE Pickleball & Padel™ has gained Design Review approval from the Salt River Pima-Maricopa Indian Community (SRPMIC) Planning Department. This approval positions the project to seek a building permit once final construction documents are complete, with a planned ground-breaking shortly after receiving the permit.

    PURE Pickleball & Padel™ is developing an 11+ acre site in the Riverwalk Development Project located in the Talking Stick Entertainment District, a 100-acre site in the SRPMIC adjacent to Scottsdale. PURE will be a world-class pickleball and padel facility and seeks to claim the title of the largest indoor pickleball and padel facility in the world. The 196,726 square feet state-of-the-art facility will boast a 1,200-seat pro arena, 48 indoor courts (40 pickleball, 8 padel), sports performance and recovery fitness center by HonorHealth, restaurant and rooftop bar, pro shop, locker rooms and spa, special event spaces, childcare and other amenities.

    Chris Loeffler, CEO of Caliber, said, “We are grateful to the SRPMIC team for their thoughtful review and approval of this project. Collaboration with the SRPMIC has been instrumental throughout the design review process which has brought an elevated design and uniqueness to the project.”

    Kevin J. Berk, Co-Founder & CEO of PURE, said, “I want to extend my heartfelt thanks to the SRPMIC for believing in and supporting our vision. I’m deeply grateful to all the incredible teams contributing to this project—your passion, dedication, and commitment to bringing our first facility to life inspires me every day.”

    With the approval of the use and design, the PURE project will now focus on the next phase of development, the completion of construction documents and the approval of a final building permit. This approval also positions Caliber to formally enter the debt markets to finalize its sourcing of construction financing and puts a clear timeline in place for investors funding the equity into the project’s private offering.

    Unique to this project, Caliber created the [insert official fundco offering name here], a single asset offering designed to invest in the real estate, land sublease, and business operations of PURE. The offering allows for direct investment from accredited investors as well as qualified opportunity zone funds (QOFs) seeking to allocate capital to a potentially attractive qualified opportunity zone business (QOZB). Caliber has designed the offering for broad participation, seeking Pickleball & Padel enthusiasts who are looking for exposure to the two fastest growing sports in the United States and the World.

    For more information on the project, visit Caliber’s website.

    About Caliber (CaliberCos Inc.)

    With over $2.9 billion in Managed Assets, Caliber’s 16-year track record of managing and developing real estate is built on a singular goal: to make money in all market conditions, specializing in hospitality, multi-family residential, and multi-tenant industrial. Our growth is fueled by performance and a key competitive advantage: we invest in projects, strategies, and geographies that global real estate institutions often overlook. Integral to this advantage is our in-house shared services group, which gives Caliber greater control over our real estate and enhanced visibility into future investment opportunities. There are multiple ways to participate in Caliber’s success: invest in Nasdaq-listed CaliberCos Inc. and/or invest directly in our Private Funds.

    About PURE Pickleball & Padel
    PURE Pickleball & Padel has partnered with Caliber to build the world’s largest indoor pickleball & Padel facility and pro arena in Scottsdale, Arizona, with a target opening date of late 2026. The 196,726 square feet state-of-the-art facility will boast 48 indoor courts (40 Pickleball and 8 Padel), a 1,200-seat pro arena, along with country club level amenities that include a restaurant and bar, retail pro shop, gym, recovery spaces, VIP lounge, office space, childcare and teen room. PURE is a member-focused, program-driven concept that will connect the two fastest growing sports in the world with the Scottsdale community across all ages, skill levels, and backgrounds. With an estimated 800,000 visits annually, the facility plans to host the largest pickleball/padel tournaments in the world.

    About the Talking Stick Entertainment District
    The Talking Stick Entertainment District is a dynamic area for culture, shopping, dining and entertainment, conveniently located within the Salt River Pima-Maricopa Indian Community. Located at the Pima-101 Freeway and Talking Stick Way, just 20 minutes from Sky Harbor Airport, Talking Stick is home to Talking Stick Resort, Talking Stick Golf Club, Salt River Fields at Talking Stick, The Pavilions at Talking Stick, Arizona Boardwalk at Talking Stick and many more entertainment and hospitality options.

    About the Salt River Pima-Maricopa Indian Community
    The Salt River Pima-Maricopa Indian Community (SRPMIC) is represented by two distinct Native American tribes; the Akimel O’odham (River People), more commonly known as the Pima and the Xalychidom Piipaash (People Who Live Toward the Water) commonly known as the Maricopa; both share the same cultural values but maintain their unique traditions. Today, more than 11,000 individuals are enrolled Salt River tribal members. The SRPMIC is bordered by Tempe, Fountain Hills and Mesa and shares a Scottsdale address. The Community owns and operates several successful enterprises including Salt River Materials Group and Saddleback Communication and hospitality enterprises: Talking Stick Resort, Talking Stick Golf Club and Salt River Fields at Talking Stick, all within the Talking Stick Entertainment District, on the northern part of the Community. The culture and the history of the people is an important story to tell and have been interwoven at many of the destination amenities through interior art, building design and landscape.

    Forward-Looking Statements
    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the Company’s public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

    CONTACTS:
    Caliber Investor Relations:
    Ilya Grozovsky
    +1 480-214-1915
    Ilya@CaliberCo.com

    PURE Pickleball & Padel
    Kevin J. Berk – Co-Founder & CEO
    +1 480-861-7474
    Kevin@purepickleball.com

    The MIL Network –

  • MIL-OSI: xSuite Group Partners with Trenex Consulting to Expand Global Reach

    Source: GlobeNewswire (MIL-OSI)

    Press Release xSuite

    xSuite Group Partners with Trenex Consulting to Expand Global Reach

    The Finance Automation consulting firm from the USA will now offer SAP user companies the software solutions of the German specialist for automated P2P processes

    Ahrensburg, Germany / Metairie, LA/USA – May 8, 2025 – xSuite Group and Trenex Consulting LLC entered into a partnership agreement in March 2025. As a new xSuite Solution Partner, Trenex will distribute, implement, and support xSuite’s solutions for automated invoice and procurement processes as well as archiving across the USA, Europe and the APAC region. Through this partnership with xSuite Group, Trenex is strategically repositioning itself within the SAP ecosystem and expanding its service portfolio for international customers.

    Headquartered in Louisiana, USA, Trenex Consulting is a globally operating IT advisory firm with deep expertise in financial process automation and SAP-driven business optimization. As companies worldwide face the challenges of digital transformation and transition to SAP S/4HANA, many are searching for modern, future-ready alternatives to legacy systems.

    Expanding SAP-Centric Capabilities

    The partnership allows Trenex to offer certified SAP solutions from xSuite that are compatible with all SAP deployment models—whether on-premises, in the cloud, or hybrid. xSuite’s modular and scalable P2P and archiving solutions stand out for their flexibility, global applicability, and futuristic product roadmap, making them ideal for companies to modernize their core financial processes ahead of their S/4 HANA migration.

    Shared Vision for Innovation and Client Value

    “We are excited to welcome Trenex as a solution partner that combines deep market knowledge with a strong track record in business process automation,” said Andreas Nowottka, Managing Director at xSuite Group. “Their commitment to delivering innovative and future-proof solutions to SAP clients around the globe aligns perfectly with xSuite’s mission.

    “Our clients demand state-of-the-art solutions—both technologically and functionally—regardless of whether they run SAP on-premises, in the cloud, or in a hybrid setup,” added Frank (Cheng) Fan, General Manager of Trenex Consulting LLC. “xSuite checks all the boxes: modular architecture, SAP certification, and international compatibility. We also greatly value their collaborative approach and future-driven roadmap, which will empower us to support our clients over the long term.”

    About Trenex Consulting LLC
    Trenex Consulting is a global IT solutions provider specializing in ERP, EPM, Financial Process Automation (FPA), and Robotic Process Automation (RPA). With deep SAP expertise, a multilingual team, and around-the-clock support, Trenex delivers tailored services to help businesses drive digital transformation and optimize core operations worldwide. https://www.trenexconsulting.com/

    About xSuite Group
    With offices in Asia, Europe, and the U.S., xSuite is a leading innovator in optimizing SAP-based P2P workflows. The company provides software solutions and implementation services to over 1,600 clients worldwide, making it a trusted partner in modernizing AP systems and automating manual, paper-based processes.

    Press Contact:
    xSuite Group / Headquarters

    Barbara Wirtz
    Marketing & PR
    Tel. +49 (0)4102/88 38 36
    barbara.wirtz@xsuite.com
    www.xsuite.com

    Partner Contact:
    xSuite Group / International

    Tony Cheung
    Global Vice President
    Enterprise Accounts & Strategic Alliances
    Tel. +44 7561 893170
    tony.cheung@xsuite.com
    www.xsuite.com

    Attachment

    The MIL Network –