Category: Business

  • MIL-OSI: MEXC Launches Campaign for ENA & USDe with $1,000,000 Rewards

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 27, 2025 (GLOBE NEWSWIRE) — MEXC, the world’s leading cryptocurrency trading platform, announced the listing of the Ethena USDe (USDE) in the Innovation Zone and open USDE-related trading pairs. To celebrate the launch, MEXC is introducing USDe & ENA-related events for all users with a $1,000,000 reward pool.

    MEXC Backs Decentralized Stable Assets with USDe Listing

    Since their inception, stablecoins have played an important role in the crypto ecosystem. However, many face limitations due to dependence on centralized custodians and traditional banking infrastructure. USDe, issued by the Ethereum-based DeFi platform Ethena (ENA), addresses these challenges. It is a fully decentralized synthetic USD asset that uses delta-neutral hedging to maintain a soft peg to the U.S. dollar without the need for overcollateralization or central custody. Unlike typical stablecoins, USDe employs smart contracts to automatically open and close perpetual short positions, ensuring scalability and stability.

    As a global leader in digital asset trading, MEXC’s listing of USDe and USDE-related trading pairs highlights the growing importance of decentralized stable assets in the evolving DeFi landscape. This initiative reaffirms MEXC’s commitment to supporting innovative blockchain solutions and promoting decentralized finance. By providing strong liquidity and broad market coverage, MEXC creates the ideal environment for projects like USDe to thrive and unlock new possibilities in the digital economy. MEXC also offers users the chance to participate in a $1,000,000 reward pool through four major activities. This initiative enables users to engage with cutting-edge DeFi projects, explore innovative stable assets like USDe, and actively contribute to the growth of the broader DeFi ecosystem.

    Celebrate the ENA & USDe Campaign with a $1,000,000 Prize Pool

    MEXC, known for quickly listing trending tokens, expands its offerings with USDe (USDE). The USDE/USDT trading market officially launched in the Innovation Zone on February 27, 2025, at 10:00 (UTC), followed by ENA/USDE, BTC/USDE, ETH/USDE, SOL/USDE, and XRP/USDE at 11:00 (UTC).
    To celebrate this significant listing, MEXC has designed a series of events that cater to both new and experienced traders. Users can enjoy zero-fee trading across select USDE and ENA trading pairs, creating an optimal environment for market participants to explore these assets. USDE holders can earn attractive yields of up to 10% APR simply by holding the token, with no additional staking or locking required. Meanwhile, new users joining the ENA staking program can enjoy up to 400% APR, further maximizing their earnings. The platform is also introducing exclusive staking pools, with particularly appealing rates for new users.

    Additionally, active traders can participate in trading competitions with a substantial prize pool of 300,000 USDT in Futures bonuses, rewarding various levels of trading activity. In a move to further support stablecoin adoption, MEXC has also purchased $20 million in USDe, reinforcing its commitment to expanding the stablecoin ecosystem.

    Beyond Trading: Earn Passive Income on MEXC

    In addition to listing a wide range of tokens and trading pairs, MEXC provides various financial products designed to help crypto holders generate passive income. Flexible and fixed-term savings plans allow deposits of supported tokens to earn interest. Flexible savings incur no lock-up period and deliver daily interest, while fixed-term savings require a set commitment but offer higher potential returns. Through these offerings, MEXC continues to expand its ecosystem, providing a multifaceted approach to digital asset growth that caters to both new and experienced market participants.

    Your Easiest Way to Trending Tokens

    MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 30 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 32 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Contact:
    Lucia Hu
    PR Manager
    lucia.hu@mexc.com

    Disclaimer: This content is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9ce22b33-25e4-47d2-a488-573f3084696d

    The MIL Network

  • MIL-OSI: Threats, political repatriations and kidnap dominate the crisis management landscape, according to Willis

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) — 26% of all incidents reported by clients last year to Alert:24 – the in-house risk advisory and crisis support service provided by Willis, a WTW business – were related to threats against individuals or client assets. Closely following, at 21% each, were emergency political repatriations of employees or family members and kidnaps for ransom, according to its latest Crisis Management Annual Review.

    In a record year for the number of elections in 2024, incumbents in many of the world’s leading democracies faced significant declines in vote share, with nearly 80% losing ground compared to previous elections. The trend was driven by poor economic performance, with high inflation being a major concern for voters. While some incumbents formed minority coalitions to stay in power, many were ousted. The year saw significant protests and political turmoil in both free and authoritarian countries.

    Looking ahead to 2025, rising populism, divisive rhetoric, and socio-economic tensions will drive continued violence and unrest in Europe, but the security agenda will remain dominated by terrorism threats and geopolitical challenges. Acts of violence directed against European officials surged in 2024, a trend which is expected to continue in 2025. Terrorism in North America and Europe will highly likely continue to stem from lone-wolf actors inspired by radical ideologies and involve low sophistication tactics and techniques.

    Civil unrest and political violence are also a possibility amid growing social tensions in the US.

    In Asia-Pacific, the threat of active assailant incidents has come to the fore over the past year and will remain a trend to watch.

    Other key takeaways include:

    • Persistent trends: In the US, the number of active assailant attacks remains higher than the pre-COVID-19 average, with a continued prevalence of workplace violence and mass shootings. The threat of lone-wolf terrorism also persists, with radicalization taking place online. In Latin America, organized crime continues to be pervasive, with highly operational criminal enterprises often intertwining with political structures to advance their interests and destabilize democratic institutions. Consequently, there has been a surge in kidnapping, in particular express kidnappings, with notifications to the Crisis Support Team for this type of incident originating in Brazil, Colombia, and Mexico.
    • Sustained level of conflict: Overall, client incident notifications reduced by 21% in 2024 in comparison to the prior year, reflecting a 2023 characterized by a sustained level of conflict and catastrophes. While major events, such as the conflict between Israel and Hamas and the Sudanese Civil War, continue to fuel demand for risk mitigation services to protect operations, assets and personnel in affected areas, no new crises of a similar scale have emerged in 2024.
    • Regional distribution of incidents: Africa led the tally with 27% of total incidents reported to Alert:24 by clients, all of them in Sub-Saharan Africa, with no single country accounting for a disproportionate share. Latin America was not far behind, more than doubling its share of incidents from 13% to 24%. Haiti was particularly notable as it accounted for approximately 20% of the events in Latin America, after not having registered any incidents during the previous year. Europe saw a reduction of total incidents from 14% to 8%.

    Overall, the past few years have seen instances of political unrest that have significantly impacted the shape of global commerce. Much uncertainty lies ahead across the world, as even just one event could have resounding global trade repercussions. Those organizations able to quickly identify and rapidly respond to changes in political risks to their global supply chains are likely to have a competitive advantage over their peers.

    Jo Holliday, global head of crisis management, said: “We continue to see clients impacted by a wide range of incident types across a broad geographical footprint, impacting both their people and physical assets. Looking ahead, political instability and the consequences of it are likely to continue and those clients that accurately assess, manage and then act on it are likely to navigate the volatile risk environment more effectively. Combining relevant insight and research, risk identification and quantification analytics as well as proactive crisis management is crucial for companies looking to ensure stability and resilience and are key to navigating these challenging times effectively.”

    The report can be downloaded here.

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    Media contact

    Sarah Booker:
    Sarah.Booker@wtwco.com / +44 7917 722040

    The MIL Network

  • MIL-OSI: Rhombus Acquires Cloud Cost Analytics Company Dashdive

    Source: GlobeNewswire (MIL-OSI)

    SACRAMENTO, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — Rhombus, a leader in cloud-managed physical security, today announced the acquisition of Dashdive, a SaaS platform specializing in monitoring and analyzing multi-tenant cloud service costs. The acquisition enables Rhombus to optimize cloud expenses and deliver more cost-effective solutions to its global, cross-industry customer base.

    Rhombus had been using Dashdive’s technology to gain deeper insights into its cloud costs on a per-camera and per-customer basis. This acquisition allows Rhombus to fully integrate Dashdive’s powerful cost management capabilities into its operations, supporting the company’s mission to deliver enterprise-grade cloud-based camera, sensor, access control, and alarm monitoring systems at competitive price points.

    “As we’ve scaled to more than 50,000 locations worldwide, understanding our cloud infrastructure costs at a granular level becomes increasingly critical,” said Brandon Salzberg, VP of Engineering. “Dashdive has already played a critical role helping us optimize cloud expenses. By bringing the technology in-house with this acquisition, we’re strengthening our operational efficiency and passing those benefits on to our customers through more competitive pricing and enhanced service delivery.”

    Dashdive, a Y-Combinator-backed company, developed sophisticated tools that break down multi-tenant cloud costs by feature—providing organizations with deep visibility into their cloud spending. “Joining forces with Rhombus is the perfect next step for Dashdive,” said Adam Shugar, CTO and co-founder of Dashdive. “Seeing how Rhombus has leveraged our platform to enhance their services validates our vision, and we’re excited to continue this journey as part of the Rhombus team.”

    The acquisition comes at a time of significant growth for Rhombus, which serves over 3,000 customers—from school districts to manufacturers to Fortune 500 enterprises. Rhombus’ cloud-based approach to physical security has already modernized legacy and inflexible physical security systems. With the addition of Dashdive’s expertise in cloud cost management, Rhombus is positioned to further accelerate innovation while maintaining its commitment to providing scalable, future-proof solutions.

    The Dashdive team will join Rhombus, ensuring continuity and expertise as the companies integrate their technologies.

    About Rhombus

    Rhombus is an open, cloud-managed physical security platform that brings security cameras, access control, sensors, alarm monitoring, and integrations together under a single pane of glass. Backed by NightDragon, Bluestone Equity Partners, Cota Capital, Caden Capital, Tru Arrow Partners, and Uncorrelated Ventures, Rhombus is on a mission to make the world safer with simple, smart, and powerful physical security solutions. To learn more, visit www.rhombus.com

    Contact

    Kyle Peterson
    kyle@clementpeterson.com

    The MIL Network

  • MIL-Evening Report: Gene Hackman will be remembered as the Hollywood actor’s actor

    Source: The Conversation (Au and NZ) – By Will Jeffery, Sessional Academic, Discipline of Film Studies, University of Sydney

    Gene Hackman, an acting titan of 1970s and ‘80s Hollywood with more than 80 screen credits to his name, has died at 95. He was found dead in his home with his wife, pianist Betsy Arakawa, and his dog.

    Hackman had a rugged, dominating and commanding presence on screen, known for his emotionally honest, raw and fierce performances. Always the tough guy, never the romantic lead, off camera he was shy and enjoyed the quiet life.

    I first saw Hackman as a child in The Poseidon Adventure (1972). My dad put the film on for the upside-down ocean liner disaster sequences, but it was Hackman who left a lasting impression. I vividly remember being so moved by his final speech berating God for deserting the ship’s passengers and crew while he hangs from a pressure valve door over flames.

    There is no actor who comes close to conveying authority with such humanity and reserve.

    He was often referred to as the actor’s actor and mentioned by Hollywood A-listers such as Kevin Costner as the best actor they’ve ever worked with. Clint Eastwood, once Hackman retired, described him as “too good not to be performing”.

    Hackman will leave a legacy to be studied and appreciated for years to come.

    Finding a foot in show business

    Born in San Bernardino, California, on January 30 1930, Hackman’s family moved to Danville, Illinois, when he was three. Hackman’s father left when he was 13, which he described to James Lipton on Inside the Actors Studio as his father “driving by with a casual wave goodbye”.

    Hackman joked to Lipton the departure of his father at an early age made him a better actor.

    Hackman left Danville at the age of 16 to join the marines, where he spent roughly four years. He was a rebellious child, but as Peter Shelley detailed in his biography of Hackman, the marine corps was the first time he gave in to authority.

    After the marine corps, Hackman moved to New York wanting to become an actor, telling people he was inspired by tough guy James “Jimmy” Cagney.

    In New York, Hackman struggled making a living as an artist while waiting for his breakthrough (his uncle told him to give up and get an honest job). Moving to California, he became friends early on with Dustin Hoffman (they finally appeared opposite each other in Hackman’s penultimate film, 2003’s Runaway Jury).

    After struggling for years, Hackman landed his first credited screen role in 1964’s Lilith at the age of 34. He played a small part opposite upcoming star Warren Beatty.

    As Hackman recounted to Lipton, Beatty told director Arthur Penn how great Hackman was in a scene they did together. That landed Hackman his breakthrough role playing Buck Barrow opposite Beatty and Faye Dunaway in the 1967 hit Bonnie and Clyde, earning him an Oscar nomination for best supporting actor.

    Breaking through in the 1970s

    It wasn’t until the 1970s that Hackman began his leading role career, starring in The French Connection (1971) as the unforgettable hard-boiled New York detective Jimmy “Popeye” Doyle. This role earned him his first Academy Award, for best actor.

    He was to wait more than 20 years for his second and final Academy Award, for playing the ruthless Little Bill Daggett opposite Clint Eastwood in Unforgiven (1992).

    Throughout the 1970s, Hackman was gaining huge popularity on screen, sharing records with the likes of Robert Redford and Harrison Ford as the highest grossing stars at the box office.

    There are too many great Hackman performances to mention, but my favourites are Unforgiven, The French Connection, The Poseidon Adventure, The Conversation (1974), Hoosiers (1986), Mississippi Burning (1988) and The Royal Tenenbaums (2001).

    The French Connection’s director, William Friedkin, said in an interview Hackman was anti-authority and anti-racism because of his upbringing in an area known for its large Ku Klux Klan presence, and his absent father.

    Hackman almost pulled out of The French Connection one week into shooting because he didn’t like “beating on people” for a four-month shoot. He told Friedkin “I don’t think I can do this,” but Friedkin refused to let him go.

    Hackman recalled he was eternally grateful Friedkin didn’t, as it was “the start of [his] career”.

    Hackman said his character Popeye Doyle was a “bigot, an antisemitic, and whatever else you wanted to call him”, and he famously struggled to say the N-word in one key scene. He initially protested the line but eventually went with it, believing “that’s who the guy is […] you couldn’t really whitewash him”.

    Hackman often played the character who had the greatest authority on the surface but slipped up, whether he was playing the hero or the villain. Even for a role such as Reverend Scott in The Poseidon Adventure, in which Hackman played a self-righteous preacher onboard the capsized SS Poseidon, he questions his religion as he leads the entire band of escapees to safety.

    A life after acting

    Hackman retired from acting in 2004 at age 74.

    There are many stories about why he retired, like, as Shelley writes, not wanting to play Hollywood “grandfathers” and his “heart wasn’t in shape”, but his life after acting gives a strong hint: he had other interests.

    Over the past 20 years, Hackman wrote three historical fiction novels, was a keen painter, and enjoyed exercise such as cycling. Married to classical pianist Arakawa from 1991 until their death, they lived in Santa Fe, New Mexico, where he designed his own home (yes, he also loved architecture!).

    A man of many talents who played a kaleidoscopic range of authoritative roles, Hackman will almost certainly be remembered mainly for his tough-guy performance in The French Connection – though many will also remember him as the Hollywood actor’s actor.

    Will Jeffery 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. Gene Hackman will be remembered as the Hollywood actor’s actor – https://theconversation.com/gene-hackman-will-be-remembered-as-the-hollywood-actors-actor-233109

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Video: Peace Formula for Ukraine | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    With Ukraine entering the fourth year since the invasion, attention is turning to whether an end to hostilities could come in 2025. Ukraine’s Victory Plan was presented by President Volodymyr Zelenskyy in 2024 as the key framework to achieve a just and lasting peace.

    How should Ukraine and its international partners proceed in the year ahead?

    Speakers: Jens Stoltenberg, Andriy Yermak, Sasha Vakulina

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=aXaFbz4o58k

    MIL OSI Video

  • MIL-OSI United Kingdom: Cruise Ship Levy consultation

    Source: Scottish Government

    Views sought on proposed new power for councils.

    Local authorities could be given the optional power to introduce a tax on cruise ships that visit their areas in future.

    The Scottish Government is seeking views on the practicalities of such a levy, as well as the potential market implications and effect on local economies and communities.

    Analysis shows there were around 1,000 cruise ship visits to Scottish ports in 2024, bringing 1.2 million passengers – an increase of almost 400,000 per year compared with 2019.   

    Finance Secretary Shona Robison said:

    “The tourism sector is a crucially important part of the Scottish economy and cruise visits are increasing. The consultation will help to inform the Scottish Government’s decision over whether or not to bring forward legislation and it is really important that we hear from a wide variety of voices on this matter.

    “Last year, we held events to hear the views of the cruise ship industry, local government, and others. We want to continue the helpful dialogue which started at those events, and explore further what a cruise ship levy could mean in a Scottish context.”

    Background

    Consultation on a potential local authority Cruise Ship Levy in Scotland – gov.scot

    The Scottish Government has no plans to introduce a nationwide cruise ship levy.

    The areas that welcome the most cruise passengers are Invergordon, Orkney, Edinburgh, Lerwick, and Greenock, and the average ship in the five busiest ports carries over 1,000 passengers. 

    In 2024 the Scottish Parliament passed the Visitor Levy (Scotland) Act, which for the first time gave local authorities the power to introduce a visitor levy on overnight accommodation in their area. As the Act was being considered by Parliament, calls were made for a similar levy power to be given to local authorities in relation to cruise ship passengers.

     

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: HSBC Leader Encourages Businesses to embrace ‘Fourth Industrial Revolution’

    Source: City of York

    HSBC UK’s Head of Technology Sector has encouraged York businesses to adapt to thrive in the climate of ‘functional disruptive change’ represented by the rapid development of AI.

    In his keynote address to over 60 businesses at the first York Tech Forum on 13 February, Roland Emmans from HSBC UK explored the fast-moving tech landscape and underlined the importance for businesses of all shapes and sizes of keeping pace with rapid technological change.

    Roland Emmans said:

    AI has vast potential to help businesses solve challenges and serve their customers better. The pace of change is increasing day by day, we need to embrace this change, its impact on technology, our teams and consumer demands.

    “A combination of great technology and great people is key – leveraging complementary strengths like AI’s processing power alongside expert human judgement.”

    The event, held at City of York Council’s West Offices headquarters on Thursday 13 February, began with a welcome from Cllr Pete Kilbane, the council’s portfolio holder for Economy and Culture, who reflected on how York’s tech sector has thrived in recent years.

    Cllr Kilbane highlighted major local developments, from the Institute for Safe Autonomy, a £45 million purpose-built facility which launched at the University of York in 2023, to the 6G Lab of the North, which works with the next generation of innovative telecommunications systems.

    Attendees also heard from Doug Winters, Founder and CTO of Isotoma Ltd, a York-based software development agency. Doug shared challenges and lessons from his business’ 20 year-journey, advising businesses that AI technologies, while useful for businesses, need to be used according to the situation, and are not a ‘silver bullet’ Doug also shared tips on the value of continuous planning throughout a project.

    Cllr Pete Kilbane, Executive Member for Economy and Culture at City of York Council, said:

    We have big ambitions for York as a vibrant tech hub. Tech sector investment will bring well-paid jobs and marked economic benefits.

    “To truly embrace the benefits of rapid technological change, we need to help businesses in all sectors, from retail to rail, adapt to using technology to become more efficient, innovative, resilient and sustainable. This event is part of a series which includes our upcoming AI skills training for retail and hospitality businesses, delivered by our partners at the Coders Guild, and the Reignite events which have bolstered York’s status as a UNESCO City of Media Arts.

    “I’d like to thank all of our speakers and everyone who joined us for this inspiring and thought-provoking session. To find out more about how we can support businesses to grow and adapt to technological change, start a conversation with our Business Growth Managers at economicgrowth@york.gov.uk.”

    This event was funded by the UK government through the UK Shared Prosperity Fund.

    MIL OSI United Kingdom

  • MIL-OSI: Man Group PLC : Form 8.3 Amendment – Dowlais plc

    Source: GlobeNewswire (MIL-OSI)

    This announcement replaces the previous announcement released at 09:38 27 February 2025. Amendments to section 2(a). All other information remains unchanged.

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Man Group PLC
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Dowlais Group plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    26/02/2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    YES
    Offeror: American Axle & Manufacturing Holdings, Inc.

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 1p ordinary
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,843,585.00 0.88    
    (2)   Cash-settled derivatives: 13,058,610.00 0.97    
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    24,902,195.00 1.85    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ordinary Purchase 174,853 0.725 GBP

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    1p ordinary Equity Swap Increasing a long position 35,450 0.725 GBP

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 27/02/2025
    Contact name: Mackenzie Terry
    Telephone number: +442071441555

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI Video: Debating Education | World Economic Forum Annual Meeting 2025

    Source: World Economic Forum (video statements)

    From integrating next-generation technologies into curricula to addressing national perceptions of cultural issues, education is at a pivotal moment in ensuring that it adequately trains and teaches future generations.

    In this town hall, leaders debate what success can look like for education globally.

    Speakers: Sian L. Beilock, Michael Spence, Lawrence H. Summers, Raquel Bernal

    The 55th Annual Meeting of the World Economic Forum will provide a crucial space to focus on the fundamental principles driving trust, including transparency, consistency and accountability.

    This Annual Meeting will welcome over 100 governments, all major international organizations, 1000 Forum’s Partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/
    X ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #Davos2025 #WorldEconomicForum #wef25

    https://www.youtube.com/watch?v=iGFbNTC1NoU

    MIL OSI Video

  • MIL-OSI United Kingdom: New Non-Executive Directors appointed to DBS

    Source: United Kingdom – Executive Government & Departments

    News story

    New Non-Executive Directors appointed to DBS

    The Home Office announces directorial appointments to the Disclosure and Barring Service (DBS).

    The Home Office is pleased to announce the appointment of two new Non-Executive Directors to the Disclosure and Barring Service (DBS).

    Amanda Arrowsmith and Rob Eason replace Mary Cunneen and Samantha Durrant  from 3 February 2025. The appointments were made following a robust open competition in accordance with the Governance Code on Public Appointments. The appointments are for an initial period of 3 years, with the possibility of re-appointment.

    Amanda has a wealth of experience in senior leadership roles within the public and private sectors, with a particular focus on People Strategy, Organisation Development, and Business Transformation.

    Rob has a public sector career background in science & technology and managing large defence projects and contracts.  With a career based in leadership, operational delivery and technology, Rob is an advocate for promoting innovation and innovative thinking driven through inclusive organisations.

    Launched in 2012, the Disclosure and Barring Service (DBS) issues over seven million criminal records checks every year. Its disclosure service enables employers and voluntary organisations in England, Wales and the Crown Dependencies of Jersey, Guernsey and the Isle of Man to make informed recruitment decisions, using information from police records and other sources.

    Updates to this page

    Published 27 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: PU Prime Wins Best Multi-Asset Broker – MEA 2025 at iFX EXPO Dubai

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) —

    PU Prime has been recognized Best Multi-Asset Broker – MEA 2025 at a ceremony held at the Dubai World Trade Centre. The award was presented at the close of the first day of iFX EXPO Dubai 2025, one of the leading events in the financial services industry. Organized by Ultimate Fintech, the awards recognize companies for excellence across the global financial sector.

    This accolade highlights PU Prime’s outstanding performance in offering a wide range of financial products, including forex (FX), commodities, shares, ETFs, bonds, and more. The company’s innovative approach and unwavering commitment to client satisfaction have established it as a leader in the Middle East and Africa (MEA) region.

    Recognition for Innovation and Excellence
    The Best Multi-Asset Broker – MEA 2025 award further reinforces PU Prime’s reputation as a technology-driven brokerage, providing traders with access to global markets through advanced tools and competitive pricing. With a focus on delivering a seamless, user-friendly trading experience, PU Prime continues to support both retail and professional traders in navigating complex financial markets.

    A Highlight at iFX EXPO Dubai
    The award ceremony was a key moment at iFX EXPO Dubai 2025, bringing together top financial industry leaders for networking and collaboration. The expo serves as an important platform for financial service providers to present their offerings and technological advancements to a global audience.

    Future Outlook
    This latest recognition positions PU Prime for ongoing presence in the global financial services market. The company aims to drive innovation, enhance its platform, and expand its product offerings to meet the evolving needs of traders worldwide.

    For more information, users can visit www.puprime.com.

    For media inquiries, users can contact the PR team via media@puprime.com.

    About PU Prime
    Founded in 2015, PU Prime is a leading global fintech company offering innovative online trading solutions. The company provides a broad range of financial products, including forex, commodities, indices, and cryptocurrencies. With a commitment to advanced technology and education, PU Prime supports traders of all levels and serves a global audience, with over 40 million app downloads. The platform is dedicated to empowering traders and fostering financial success worldwide.

    Contact

    Hong Qianyi
    PU Prime
    media@puprime.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e12404a4-cbcf-4c74-8d2b-b178e542b2bd

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Minister of Investment, Trade and Industry of Malaysia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with Minister of Investment, Trade and Industry of Malaysia and the Chair of the ASEAN Economic Ministers’ Meeting Tengku Zafrul Tengku Abdul Aziz, in Johor, Malaysia. They discussed the work and priorities under Malaysia’s ASEAN Chairmanship in 2025, including the ongoing ASEAN-India Trade in Goods Agreement (AITIGA) review, the ASEAN Economic Community (AEC) Strategic Plan 2026-2030, and Timor-Leste’s Accession to ASEAN Economic Agreements.

    The post Secretary-General of ASEAN meets with the Minister of Investment, Trade and Industry of Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-Evening Report: Grattan on Friday: Albanese falls victim to a Chinese burn

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    As the Albanese government struggles to stay on its political feet, who would have thought the China issue would suddenly insert itself into the campaign, leaving the prime minister looking, at best, flat-footed?

    Improving and stabilising what had become a toxic bilateral relationship under Scott Morrison has been one of the Albanese government’s major pluses in its foreign and trade policy.

    China has taken off all of the roughly $20 billion in barriers it had enacted on Australian exports. Australian lobsters are back on Chinese menus. And who can forget the PM’s visit to China, when he was lauded as “a handsome boy”.

    But now, almost on the eve of the election campaign, a Chinese military exercise in the Tasman Sea has not just reminded Australians of Chinese military power, but has left the PM appearing poorly informed. Or not wanting to offend the Chinese.

    Of course, China did not set out to force Anthony Albanese into what were publicly misleading comments. That was all his own doing.

    The China incident was on the morning of Friday last week, when its navy commenced the live-fire exercise.

    Albanese was briefed on Friday afternoon. Later in the day, a reporter asked him about an ABC report of “commercial pilots [being] warned about a potential hazard in airspace” where three Chinese warships had been sailing.

    The PM said: “China issued, in accordance with practice, an alert that it would be conducting these activities, including the potential use of live fire”. This told, at best, a sliver of what was a rather alarming story.

    The government says the Chinese had acted in accordance with the law but the amount of notice they’d given (which was not provided directly to Australia) was inadequate. Representations about this were made by Foreign Minister Penny Wong to the Chinese.

    It took evidence before Senate estimates hearings this week to paint a full picture of what happened.

    On Monday, Rob Sharp, CEO of Airservices Australia (the country’s civil air navigation services provider) told senators: “We became aware at two minutes to ten on Friday morning – and it was, in fact, a Virgin Australia aircraft that advised one of our air traffic controllers – that a foreign warship was broadcasting that they were conducting a live firing 300 nautical miles east off our coast. So that’s how we first found out about the issue.”

    Initially, “we didn’t know whether it was a potential hoax or real”.

    Meanwhile, a number of commercial planes were in the air and some diverted their routes.

    On Wednesday, Australian Defence Force Chief David Johnston was asked at another estimates hearing whether Defence was only notified of what was happening from a Virgin flight and Airservices Australia 28 minutes after the Chinese operation firing window commenced. Johnston’s one-word reply was “Yes”.

    Australia does not know whether the Chinese ships, which proceeded towards Tasmania, intend to circumnavigate the continent, or whether they have been accompanied by a submarine.

    Relations with China won’t be a first-order issue with most voters at this cost-of-living election. But these events play to the Dutton opposition, for whom national security is home-ground territory.

    They reinforce the broader impression, which has taken hold, of Albanese being poor with detail.

    Dutton said on Sydney radio on Thursday, “I don’t know whether he makes things up, but he seems to get flustered in press conferences. You hear it – the umming and ahing, and at the end of it, you don’t know what he’s actually said.

    “But what we do know is that he is at odds with the chief of the Defence force, and he needs to explain why, on such a totemic issue, he either wasn’t briefed, that he’s made up the facts, that he’s got it wrong.”

    Wong hit back, “We have been very clear China is going to keep being China, just as Mr Dutton isn’t going to stop being Mr Dutton – the man who once said it was inconceivable we wouldn’t go to war is going to keep beating the drums of war.

    “The Labor government will be calm and consistent; not reckless and arrogant.”

    There’s one political complication for Dutton in seeking to exploit the China issue. Despite his natural hawkishness, in recent times he has been treading more softly on China, with an eye to the importance of voters of Chinese heritage in some seats.

    The Trump administration has dramatically increased the uncertainty of the international outlook that the Australian government, whether Labor or Coalition, will face during the next parliamentary term.

    Defence Minister Richard Marles this week talked up the US administration’s policy in the region. “We are very encouraged by the focus that the Trump Administration is giving in terms of its strategic thinking to the Indo Pacific.”

    Treasurer Jim Chalmers, who was in Washington lobbying for a tariff exemption was also, declared that “the alliance and the economic partnership between Australia and the US is as strong as it’s ever been.”

    Whether we get that exemption will be an early indication of where we stand in terms of the special relationship with the US. But who knows what the US might want in return.

    A volatile world and perhaps pressure from the US may push Australia into spending more on defence, which on present planning is due to tick past 2% of GDP.

    Dutton has already said he would put more funding into defence, although, like most other aspects of opposition policy, the amount is vague. The Coalition says when it produces its costing (which will be in the last days before the election) there will be more precision.

    We’ve yet to see how the crucial US-China relationship evolves. That trajectory will have implications for Australia, positive or negative. On the very worst scenario, if China, encouraged by US President Donald Trump’s benign attitude to Russia, moves on Taiwan, the security of which the president has refused to guarantee, that could produce a dire situation in the region.

    Australia remains confident of continuing American support for AUKUS. But if Trump becomes even more arbitrary and adventurous, AUKUS could become a lot less popular not in America but in Australia.

    Michelle Grattan 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. Grattan on Friday: Albanese falls victim to a Chinese burn – https://theconversation.com/grattan-on-friday-albanese-falls-victim-to-a-chinese-burn-251029

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: UK and Mongolia’s joint statement after the first annual UK-Mongolia political dialogue

    Source: United Kingdom – Executive Government & Departments

    World news story

    UK and Mongolia’s joint statement after the first annual UK-Mongolia political dialogue

    Respect for sovereignty, international law, and territorial integrity were key areas of discussion during the first annual UK-Mongolia political dialogue in London on 26 February, 2025.

    Minister Catherine West MP and Mongolian Deputy Prime Minister Amarsaikhan Sainbuyan.

    British Parliamentary Under-Secretary of State for the Indo-Pacific, Minister Catherine West MP, welcomed Mongolian Deputy Prime Minister Amarsaikhan Sainbuyan to London on 26 February 2025 for the 15th UK-Mongolia roundtable, and the first annual political dialogue under the UK-Mongolia Joint Cooperation Roadmap towards a Comprehensive Partnership.

    Minister West and Deputy Prime Minister Amarsaikhan affirmed the strong partnership between the UK and Mongolia, grounded in shared democratic values, open societies, and a growing economic relationship.

    Both sides noted deepening geopolitical tensions, stressed their commitment to upholding the principles of the UN Charter, and called on all countries to refrain from using force against the territorial integrity and political independence of any state. They agreed to continue to work closely to uphold international law and advance our shared principles.

    Economic Growth

    The Ministers confirmed that the UK and Mongolia will work together with a view to increasing the volume of trade and investment between the two countries – to drive mutual economic growth

    They agreed to continue discussions with UK Export Finance to explore support for the construction of the metro system in Ulaanbaatar.

    Talks also focused on facilitating trade and investment by working towards the removal of barriers to trade and red tape, and creating stable and transparent business environments.

    Energy Transition

    The Ministers stressed the urgency of action to address the impacts of climate change. They committed to achieving the UK and Mongolia’s NDC and welcomed the recent allocation from the NDC Partnership to Mongolia, including funding from the UK, to reach Mongolia’s climate goals.

    They encouraged greater public-private partnerships to leverage public finance for private sector investment in line with both countries’ climate strategies.

    They looked forward to Mongolia hosting COP17 on Desertification in 2026 and agreed to facilitate an exchange of experts to support preparations for and the outcome of COP17.

    Women’s empowerment

    The Ministers reaffirmed both countries’ commitment to gender equality and to expanding the number of women elected to both parliaments. Minister West welcomed the expanded number of female parliamentarians in the Mongolian parliament following elections in 2024, and commended Mongolia for its quota target of 40% of female candidates by 2028. UK and Mongolia’s joint statement after the first annual UK-Mongolia Political Dialogue Amarsaikhan welcomed the UK achieving its highest level of female representation in the UK parliament following the 2024 UK general election.

    The ministers agreed to work together in multilateral fora ahead of the 30th anniversary of the “Beijing Declaration and Platform Action”.

    Critical minerals

    The Ministers agreed on the importance of extracting Mongolia’s mineral wealth in a manner that preserves Mongolia’s unique environmental legacy. They discussed the importance of responsible mining, and of high environmental, social and governance standards, as well as investing in Mongolian’s skills development.

    In this regard, both sides expressed their commitment to cooperate within the framework of Memorandum of Understanding on critical minerals. 

    Education, Civil Society and People-to-people ties

    The Ministers noted the strength of people-to-people ties between the UK and Mongolia, including the exchange of students through the Chevening Scholarship programme and “Mission 2100” scholarship programme initiated by the President of Mongolia.

    Minister West reaffirmed the UK’s support for English language teaching in Mongolia and both ministers welcomed the progress in expanding English language provision. This could include building on existing partnerships with British companies to increase access to and improve the quality of English Language teaching, as well as supporting remote and disadvantaged communities with UK Overseas Development Assistance.

    The Ministers agreed to explore possibilities to expand higher education opportunities for Mongolian students, including through the Chevening Scholarship, and to expand partnerships between universities.

    They looked forward to the exhibition of the Arts of the Mongol World to be held at the Royal Academy in 2027, and welcomed expanding cultural cooperation.

    They noted the important contribution that civil society organisations play in democratic societies, and committed to continue to engage with and seek inputs from civil society organisations representing a broad range of communities to strengthen democratic debate.

    Minister West and Deputy Prime Minister Amarsaikhan looked forward to and highlighted the importance of future high-level visits between the UK and Mongolia.

    On the sidelines of the roundtable meeting, Deputy Prime Minister Amarsaikhan held a bilateral meeting with Minister Gareth Thomas. During the meeting, the Ministers held constructive and fruitful discussions on further broadening the bilateral relationship in areas of mutual interest, including the promotion of trade and economic cooperation.

    Updates to this page

    Published 27 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: Mercurity Fintech Holding Inc. Highlights Growing Institutional Ownership, Reinforcing Growth Strategy

    Source: GlobeNewswire (MIL-OSI)

    New York, Feb. 27, 2025 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced an increase in institutional ownership, as reflected in recent SEC 13F filings, reinforcing MFH’s position as a vertically integrated innovator at the intersection of finance and technology.

    The latest ownership reports reveal a diverse group of institutional investors that have acquired stakes in MFH, including asset managers and financial services firms: BlackRock, Inc., Millennium Management LLC, Qube Research & Technologies Ltd, Goldman Sachs Group Inc., Point 72 Asia, UBS Group AG and more. These filings do not specify investment intent or future trading activity.

    “We are encouraged by the institutional community’s interest in MFH’s strategic priorities,” said Shi Qiu, CEO of Mercurity Fintech Holding Inc. “As financial institutions and enterprises prioritize regulatory-compliant blockchain integration, and licensed financial services— offers a balanced platform for scalable growth. With continued engagement from institutional investors demonstrating engagement, MFH is well-positioned to continue executing its growth strategy, strengthening our market position, and advancing commitment to financial technology innovation.”

    About Mercurity Fintech Holding Inc. 
    Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries specializing in distributed computing, business consulting and financial brokerage business. Our dedication to compliance, innovation, and operational excellence ensures that we remain a trusted partner in the rapidly transforming digital financial landscape. For more information, please visit the Company’s website at https://mercurityfintech.com.

    Forward-Looking Statements
    This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update 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 you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

    For more information, please contact:
    International Elite Capital Inc.
    Vicky Chueng
    Tel: +1(646) 866-7989
    Email: mfhfintech@iecapitalusa.com 

    The MIL Network

  • MIL-OSI: Virtune announces a change of ETP calculation agent for all ETPs

    Source: GlobeNewswire (MIL-OSI)

    Stockholm, February 27, 2025 – Virtune announces that as of March 3, 2025, the ETP Calculation Agent for Virtune’s ETPs will change from Ultumus to ETFBook. The ETP Calculation Agent is responsible for calculating and distributing PCFs (Portfolio Composition Files) to counterparties as a third party in relation to Virtune.

    Notification of Service Provider Change within Virtune’s ETP Program

    Virtune announces a change of ETP Calculation Agent from Ultumus to ETFBook for all Virtune’s ETPs, which will be reflected in the updated final terms, available as of March 3, 2025. This change aims to optimize and streamline the process of PCF calculations and their further distribution.

    Please note that this change does not affect investors or the trading of Virtune’s ETPs, and no action is required from investors.

    Change:

    • Previous ETP Calculation Agent: Ultumus LTD.
    • New ETP Calculation Agent: SquaredData GmbH, owner of the ETFBook brand.
    • Address: Weissenrainstrasse 28, 8707 Uetikon am See, Zurich, Switzerland.

    This change applies to all Virtune’s ETPs, which include the following:

    • Virtune Bitcoin ETP (ISIN: SE0020845709)
    • Virtune Staked Ethereum ETP (ISIN: SE0020541639)
    • Virtune Staked Solana (ISIN: SE0021309754)
    • Virtune Staked Polkadot ETP (ISIN: SE0021148129)
    • Virtune XRP ETP (ISIN: SE0021486156)
    • Virtune Avalanche ETP (ISIN: SE0022050092)
    • Virtune Chainlink ETP (ISIN: SE0021149259)
    • Virtune Arbitrum ETP (ISIN: SE0021310133)
    • Virtune Staked Polygon ETP (ISIN: SE0021630217)
    • Virtune Staked Cardano ETP (ISIN: SE0021630449)
    • Virtune Crypto Altcoin Index ETP (ISIN: SE0023260716)
    • Virtune Crypto Top 10 Index ETP SEK (ISIN: SE0020052207)
    • Virtune Crypto Top 10 Index ETP EUR (ISIN: SE0020052215)

    Press contact

    Christopher Kock, VD Virtune AB (Publ)
    Christopher@virtune.com
    +46 70 073 45 64

    Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

    Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

    Attachment

    The MIL Network

  • MIL-OSI Africa: Diamond Mining Drives Angola’s Economic Growth Agenda

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

    CAPE TOWN, South Africa, February 27, 2025/APO Group/ —

    Angola is aiming to increase diamond production to 17.53 million carats by 2027 as part of its National Development Plan 2023–2027, planning to leverage mining revenues to boost food security, employment creation and poverty reduction. 

    The country expects diamond revenue to rise from $1.4 billion in 2024 to $2.1 billion in 2025, increasing the sector’s contribution to the country’s GDP. With over 24 operational diamond mines, 54 exploration projects and strong governmental support for industry expansion, Angola’s diamond sector presents an opportunity for economic transformation. 

    The upcoming African Mining Week (AMW) – Africa’s premier event for the mining sector – will showcase lucrative diamond prospects in both well-established and emerging markets across Africa, including in Angola. 

    Unlocking Angola’s Untapped Potential 

    Recent discoveries, project launches and foreign investments underscore Angola’s potential as a global diamond mining powerhouse. According to state diamond firm ENDIAMA, the country holds over 732 million carats (https://apo-opa.co/4gU61Zy) of untapped diamond reserves valued at more than $140 billion. To capitalize on these resources, ENDIAMA will launch a diamond production and processing pilot at the Luachimba facility in 2025, reinforcing the sector’s contribution to sustainable development. Additionally, mine development and feasibility studies at the Xamacanda facility are underway as ENDIAMA seeks to expand independent production. 

    Strategic Investments and Global Partnerships 

    In November 2024, Maden International Group, a subsidiary of the Sovereign Fund of the Sultanate of Oman, entered the Angolan market by acquiring stakes in Catoca and Luele Mines from Russia’s Alrosa. The milestone introduces fresh capital and expertise, potentially unlocking Angola’s greater diamond production and GDP expansion. Further affirming Angola’s potential, De Beers announced in October 2024 the discovery of eight new diamond project targets as part of its ongoing exploration activities. The discovery follows a strategic partnership with ENDIAMA, Angola’s National Agency of Mineral Resources, Sodiam and the Institution of Geologists in Angola, to conduct airborne surveys, drilling and testing of new kimberlite targets. Angola is also assessing new diamond and critical mineral prospects in partnership with Rio Tinto. 

    High-Grade Diamond Discoveries 

    In August 2024, Lucapa Diamond Company discovered a 176-carat diamond at the Lulo Mine – one of the world’s largest – marking the fifth diamond over 100 carats found at the site in 2024. The discovery underscores Angola’s potential for high-grade diamond production, following 20 significant discoveries at Lulo in 2022. 

    Amid these market developments, AMW represents an ideal platform for global investors and mining stakeholders to connect with Angolan regulatory authorities and projects to explore the country’s vast diamond potential. AMW will facilitate investment discussions, deal signings and strategic partnerships, reinforcing Angola’s position as one of the world’s highly attractive diamond investment destinations. 

    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energy 2025 conference (https://apo-opa.co/4ieTYqQ) from October 1 -3. in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com

    MIL OSI Africa

  • MIL-OSI China: Beijing’s Daxing airport economic zone seeks business cooperation

    Source: China State Council Information Office

    The Beijing Daxing International Airport Economic Zone (BDIAEZ) held an industry promotion event Wednesday, attracting entrepreneurs and business leaders to explore cooperation opportunities in aviation logistics, life sciences and health care.

    An industry promotion event exploring business cooperation opportunities is held in the Beijing Daxing International Airport Economic Zone, Feb. 26, 2025. [Photo provided to China.org.cn]

    At the event, several specialized industrial parks and platforms were introduced, including the International Regenerative Medicine Industrial Park, the International Medical Equipment Industrial Park, and the International Aviation Headquarters Park. These initiatives are designed to gather innovative resources, strengthen industrial clusters and drive regional economic growth.

    In recent years, the BDIAEZ has prioritized its life sciences sector by establishing platforms that support the development of cell technology and medical supply chains. The goal is to attract high-end enterprises and lay a solid foundation for a world-class health cluster. To further enhance trade and logistics capabilities, the zone also launched platforms for industrial goods supply chains and cross-border e-commerce, which are expected to improve operational efficiency and foster industry development.

    Six projects were also signed at the event, covering areas such as aviation services, life and health, trade logistics and emerging industries. Key projects include the Low-altitude Technology Exhibition and Trading Center, which will showcase next-generation aviation innovations, and the Xinzhuoyue Regenerative Medicine R&D Headquarters, which is set to work with the Institute of Zoology of the Chinese Academy of Sciences on cell-based therapies. 

    Wahed Ahmadzai, CEO and founder of nHUB, a Beijing-based company committed to building inclusive hubs, noted the BDIAEZ’s strategic importance, calling it the “gateway to China and China’s gateway to the world.” He added that the BDIAEZ’s prime location, together with multiple supportive policies, makes it an exceptionally attractive environment for building and innovating businesses.

    Xu Guojin, general manager of Beijing Zhengkai Technology Co. Ltd., expressed confidence about future cooperation with the BDIAEZ. “The most appealing aspect is the combination of national, municipal and district-level advantages, along with the unique policies of the airport zone,” she said. “Combined with the benefits offered by the comprehensive bonded zone and free trade zone, this synergy is highly attractive to my company and future partners.”

    Strategic development plans for Beijing Daxing International Airport were also released at the event. These include the construction of four runways, 256 aircraft parking bays, and a terminal complex spanning 1.43 million square meters. The airport aims to handle 72 million passengers and 630,000 aircraft movements annually. 

    This expansion underscores the airport’s role not simply as a transportation hub, but as a key driver for future economic development in the region, according to a representative from Beijing Daxing International Airport.

    In addition, the event saw the launch of two international talent programs. In partnership with the National School of Development at Peking University, the BDIAEZ will establish a talent base to train professionals and foster entrepreneurship in fields like aviation logistics, e-commerce and biomedicine. Separately, the “Vine Plan” International Innovation Center will connect businesses with international students through internships, study tours and incubation programs.

    MIL OSI China News

  • MIL-OSI: Bybit Receives In-Principle Approval to Establish Virtual Asset Platform in the United Arab Emirates

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Feb. 27, 2025 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce that it has received its In-Principle Approval (IPA) to set up as a Virtual Asset Platform Operator in UAE from the Securities & Commodities Authority (SCA) of the United Arab Emirates (UAE), dated on Feb 18, 2025. Bybit is also in the final steps to receive its fully operational license soon. This milestone marks a significant step in Bybit’s ongoing mission to provide a secure, stable, and compliant platform for crypto traders in the region.

    This IPA underscores Bybit’s commitment to upholding the highest regulatory and compliance standards as it works toward full operational approval from the SCA. This authorization moves Bybit closer to offering a broad range of digital asset services to both retail and institutional clients in the UAE. Bybit’s progress in UAE follows its existing regulatory approvals in the Middle East, further solidifying its commitment to compliance in key financial hubs.

    Ben Zhou, Co-founder and CEO of Bybit, commented on this milestone:

    “We are honored to have received the IPA from SCA. This approval marks a crucial step in our journey to providing secure and transparent crypto trading solutions. Bybit remains dedicated to working hand-in-hand with regulators to foster a compliant and innovative digital asset ecosystem to both retail and institutional investors in the UAE.”

    The UAE has emerged as a leading global hub for cryptocurrency and blockchain innovation, supported by progressive regulatory frameworks that align with Bybit’s vision of bridging traditional finance with digital assets. Bybit remains committed to adhering to global compliance standards, including Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) protocols, ensuring a safe and trusted trading environment.

    Beyond UAE, Bybit continues to secure regulatory approvals worldwide, expanding its presence in key jurisdictions such as India, Georgia, Kazakhstan, Turkey, etc, further reinforcing its regulatory commitment. These licenses enable Bybit to expand its reach while maintaining the highest security and compliance standards for its users worldwide.

    #Bybit / #TheCryptoArk /

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

    For more details about Bybit, please visit Bybit Press

    For media inquiries, please contact: media@bybit.com

    For updates, please follow: Bybit’s Communities and Social Media

    Contact
    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1e76bf0-610d-49d7-96b0-205a12a6828d

    The MIL Network

  • MIL-OSI Economics: Super Bowl LIX spotlights emotional branding strategies of alcoholic beverage companies, reveals GlobalData

    Source: GlobalData

    Super Bowl LIX spotlights emotional branding strategies of alcoholic beverage companies, reveals GlobalData

    Posted in Business Fundamentals

    Super Bowl LIX, held on February 9, 2025, served as an opportunity for beer brands to promote their products, with Michelob Ultra, Bud Light, Stella Artois, Budweiser, and Coors Light grabbing attention through strategic YouTube advertisements. These commercials used various strategies, from humor to celebrity endorsements, that aimed to resonate with the vast and diverse audience. Beyond promoting their products, the ads focused on reinforcing brand identity and fostering an emotional bond with consumers, reveals Global Ads Platform of GlobalData, a leading data and analytics company.

    Shreyasee Majumder, Social Media Analyst at GlobalData, comments: “Super Bowl LIX beer commercials emphasized emotional engagement, social connections, and cultural relevance to strengthen brand positioning. Budweiser evoked nostalgia through its iconic Clydesdales, reinforcing its heritage and deep-rooted connection with consumers. Meanwhile, Michelob Ultra promoted an active lifestyle, leveraging celebrity endorsements from Jon Hamm and Serena Williams to appeal to health-conscious beer drinkers. These brands crafted relatable narratives that balanced tradition with modern consumer values, enhancing visibility and audience connection.”

    Below are the key focus areas of Super Bowl LIX’s advertisements, revealed by GlobalData’s Global Ads Platform:

    Energetic Lifestyle: Michelob Ultra’s “The Ultra Hustle” leverages celebrity endorsements with Serena Williams and Jon Hamm to connect the brand with an energetic lifestyle. The commercial revolves around hustling and excelling in life, suggesting that Michelob Ultra complements this energetic lifestyle by pairing success with a refreshing drink.

    Easy Enjoyment: Bud Light’s “Big Men on Cul-de-Sac” ad portrays the brand as an integral part of spontaneous fun and casual gatherings, emphasizing its “Easy to Drink. Easy to Enjoy” quality. This aligns the beer with moments of simplicity, friendship, and camaraderie, targeting young adults and those who appreciate light-hearted humor.

    Meaningful Moments: Stella Artois’s “New Sibling” leverages humor, celebrity appearances of Matt Damon and David Beckham, and the importance of family connections to highlight the beer’s role in special, unforgettable experiences. This creates a positive, relatable message about valuing connections and savoring life’s moments.

    Americana Tradition: Budweiser’s “Six Degrees of Bud” reinforces the brand’s long-standing presence in American culture by showcasing everyday American scenes and emphasizing shared experiences. The ad aims to strengthen brand awareness by associating Budweiser with positive social connections, tradition, and a sense of belonging within the American identity.

    Humorous and Relaxation: Coors Light’s “Slow Monday” commercial utilized a comedic approach by personifying the Monday blues with sloths and the promotion of relaxation. By humorously suggesting Coors Light as a remedy for the Monday blues, the ad aims to associate the brand with lightheartedness and an escape from everyday stress.

    MIL OSI Economics

  • MIL-OSI Economics: Sionna Therapeutics’ NBD1 stabilizers hold potential to differentiate from Vertex’s existing therapies in cystic fibrosis, says GlobalData

    Source: GlobalData

    Sionna Therapeutics’ NBD1 stabilizers hold potential to differentiate from Vertex’s existing therapies in cystic fibrosis, says GlobalData

    Posted in Pharma

    Sionna Therapeutics has recently raised $191 million through its initial public offering (IPO), marking a step forward in its efforts to develop treatments for cystic fibrosis (CF). With Vertex Pharmaceuticals maintaining a dominant position in the CF treatment landscape through its CFTR modulator franchise, Sionna is looking to introduce its NBD1 stabilizers, SION-719 and SION-451, as an alternative approach. These candidates, which aim to address stability issues in the CFTR protein, could differentiate them from Vertex’s existing therapies, according to GlobalData, a leading data and analytics company.

    Sravani Meka, Senior Pharma Analyst at GlobalData, comments: “Sionna’s approach to stabilizing NBD1 is an interesting development in the CF space. While existing treatments have improved patient outcomes, there remains a need for additional options, particularly for those who do not respond optimally to current therapies.”

    Sionna’s IPO builds on its $182 million Series C funding round in 2024, providing financial support for its ongoing clinical development. The company expects topline Phase 1 data in 2025, with a Phase 2a trial selection expected shortly thereafter. Meanwhile, Vertex continues expanding its CF portfolio through strategic licensing deals, further shaping the competitive landscape. The Cystic Fibrosis Foundation’s $15 million investment into ReCode Therapeutics in November 2024 highlights the broader interest in next-generation CF treatments.

    Despite its progress, Sionna faces challenges, including Vertex’s strong market presence, regulatory hurdles, and payer access complexities. Other CF developers, such as AbbVie, with its ABBV-2222 and ABBV-3067, add further competition. Additionally, broader biotech M&A trends, exemplified by AbbVie’s $85.7 billion acquisition of Allergan, indicate that smaller companies like Sionna may explore partnerships or strategic collaborations to enhance their market positioning.

    Meka continues: “While Sionna’s IPO has drawn attention, its long-term success will depend on demonstrating clinical efficacy and navigating the complexities of market access. The CF treatment space remains highly competitive, requiring strong clinical data and a viable commercialization strategy.”

    Meka concludes: “Sionna’s IPO reflects investor interest in continued innovation within the CF treatment landscape. However, its ability to establish a foothold in the market will depend on clinical developments, regulatory progress, and its capacity to compete in an increasingly crowded space. The next few years will be critical in determining its role in the broader CF ecosystem.”

    MIL OSI Economics

  • MIL-OSI Economics: IndiGo YouTube ads reflect seamless travel, workplace inclusivity and authentic experiences, reveals GlobalData

    Source: GlobalData

    IndiGo YouTube ads reflect seamless travel, workplace inclusivity and authentic experiences, reveals GlobalData

    Posted in Business Fundamentals

    Interglobe Aviation Ltd’s (IndiGo) YouTube advertising campaign from November 2024 to January 2025 emphasize diverse destinations, employee well-being, and passenger-centric amenities to attract travelers and job seekers. IndiGo highlights authentic experiences, career growth, and innovative seating through scenic visuals, employee testimonials, and product demos. Emphasizing pilot mentorship, a supportive workplace, and seamless travel, it reinforces customer satisfaction and inclusivity, reveals Global Ads Platform of GlobalData, a leading data and analytics company.

    Sagar Kishor, Ads Analyst at GlobalData, comments: “IndiGo’s campaigns establish strong engagement with both travelers and employees through aspects such as the joy of travel, commitment to employee growth, and enhanced comfort. These advertisements highlight IndiGo’s strategies, including showcasing authentic Indian travel experiences and celebrating employee diversity, while also introducing new product offerings like IndiGoStretch. The company’s initiatives in expanding destinations, pilot mentoring, and inclusivity emphasize seamless travel and personalized support.”

    Below are the key focus areas of IndiGo’s advertisements, revealed by GlobalData’s Global Ads Platform:

    Destination awareness: IndiGo’s promotion of new flight routes to Malaysia, especially Kuala Lumpur, Langkawi, and Penang, emphasized the country’s diverse landscapes and cultural attractions. By linking these captivating locations to IndiGo flights, the campaign subtly promotes ease of access, positioning the airline as a gateway to new experiences and adventures.

    Authentic engagement: The #nofilter campaign for IndiGo Season 2 on National Geographic highlighted the natural beauty and cultural richness of India. The campaign encouraged viewers to experience India in its true essence, promoting IndiGo as the airline to facilitate those experiences.

    Travel experience and comfort: The IndiGoStretch advertisement highlights the additional legroom and comfort of its premium seating, targeting travellers seeking a more spacious and relaxing journey. The campaign emphasizes enhanced passenger experience, positioning the offering as a value-driven choice for improved in-flight comfort.

    Holiday spirit and connection: The “Captain Santa Ready For Take Off Merry Christmas” ad uses humour and holiday themes to create a joyful connection with viewers. It portrays IndiGo as a fun, customer-focused airline, reinforcing its brand image during the festive travel season.

    Pilot mentorship and support: The “IndiGo Pilot Mentoring Program” highlights the airline’s approach to pilot development and workplace support. By focusing on mentorship, inclusivity, and career growth, the initiative reflects industry efforts to enhance professional training and foster a structured aviation workforce.

    Kishor concludes: “IndiGo’s advertising strategy effectively balances brand storytelling with targeted engagement. By integrating authentic experiences and innovative offerings, IndiGo not only enhances its market positioning but also strengthens its brand loyalty among travelers and aviation professionals alike.”

    MIL OSI Economics

  • MIL-OSI United Kingdom: UK science flies to the Moon with NASA

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK science flies to the Moon with NASA

    Advanced technology funded by the UK Space Agency began its 4-month journey to the Moon this morning, on board NASA’s Lunar Trailblazer mission.

    The Lunar Trailblazer spacecraft, which weighs 200kg and is about the size of a washing machine, aims to map the location and form of water on the Moon. This will improve scientists’ understanding of lunar resources and support future missions, when astronauts return to the lunar surface.

    On board is the Lunar Thermal Mapper (LTM) – a state-of-the-art thermal imaging camera developed by the University of Oxford with £3.1 million funding from the UK Space Agency and the Department for Science, Innovation and Technology (DSIT).

    Science Minister Sir Patrick Vallance said:

    Backed by UK Government funding, this project could be key to unlocking new insights into lunar water and in turn sustain future missions and deep space exploration for generations to come.

    Space is a fast-growing global industry, and these investments will generate important information to help grow the sector.

    The LTM is designed to measure the surface temperature and the various minerals that make up the lunar landscape, which is vital information to help confirm the presence and location of water. The instrument will work in tandem with NASA’s High-resolution Volatiles and Minerals Moon Mapper (HVM3) to produce the most detailed maps of water on the Moon’s surface to date.

    The Lunar Thermal Mapper being worked on at Oxford University. Credit: Department of Physics, University of Oxford.

    Neil Bowles, instrument scientist for LTM at Oxford University, said:

    The measurements of temperature will help confirm the presence of the water signal in HVM3’s measurements and the two instruments will work together to map the composition of the Moon, showing us details that have only been hinted at from previously.

    The UK’s role in Lunar Trailblazer demonstrates the importance of collaboration in the space sector, and the significant space expertise found in academic institutions across the country.

    The Clarendon Lab at the University of Oxford, which includes the Infrared Multilayer Laboratory, manufactured infrared filters for the mission. Durham University manufactured the precision LTM optics, mirrors, and pointing mirror. Cardiff University provided long wave infrared mesh filters, essential for the Lunar Thermal Mapper’s ability to accurately measure the surface temperature and composition of the Moon.

    Lauren Taylor, Major Projects Lead at The UK Space Agency, said:

    The UK Space Agency is thrilled to be a part of NASA’s Lunar Trailblazer mission. Our work with the University of Oxford to develop the Lunar Thermal Mapper showcases the UK’s leading role in space exploration and scientific research.

    This mission will provide invaluable data on the Moon’s water resources, supporting future human missions and enhancing our understanding of the lunar environment.

    UK companies also made significant contributions. From Ramp in Yeovil providing coatings and paint, and Micro Systems in Warrington manufacturing mechanical parts, to STFC RAL Space in Harwell providing insulation and electronics.

    Marie-Claire Perkinson, Chair of the Space, Science and Exploration Committee at the UKspace trade association, said:

    The launch of the UK Lunar Thermal Mapper instruments demonstrates the capabilities of the UK academic community working in collaboration with their industrial suppliers.

    Once in orbit around the Moon, Lunar Trailblazer will cover the surface 12 times a day and use its instruments to examine features including the permanently shadowed craters at the Moon’s South Pole, which could contain significant quantities of water ice.

    Lunar Trailblazer launched on a SpaceX Falcon 9 rocket together with Intuitive Machine’s IM-2 spacecraft, which will attempt a soft landing on the Moon next week.

    The UK Space Agency is also funding the joint UK-Canada Aqualunar Challenge to further our understanding of lunar water and its potential uses. The Aqualunar Challenge focuses on developing innovative technologies to purify water found on the Moon, which is crucial for supporting future human missions. The winners will be announced in March.

    Updates to this page

    Published 27 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Video: European Commission President Ursula von der LEYEN and the College of Commissioners in India

    Source: European Commission (video statements)

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
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    -Medium: https://medium.com/@EuropeanCommission

    Visit our website: http://ec.europa.eu

    https://www.youtube.com/watch?v=oOLquQ5a-dE

    MIL OSI Video

  • MIL-OSI: Nokia adds new Agentic-AI capabilities across its autonomous networks portfolio #MWC25

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia adds new Agentic-AI capabilities across its autonomous networks portfolio #MWC25

    • Agentic-AI innovations embedded in autonomous networks portfolio help CSPs to automate, secure, and monetize their networks.
    • New capabilities introduce several new security features, including new AI-powered Threat Hunt Assistant that reduces threat dwell time from days to minutes by proactively detecting cybersecurity attacks.
    • AI innovations will be showcased at Nokia’s booth 3B20 sat Mobile World Congress, Barcelona, 3-6 March.

    27 February 2025
    Espoo, Finland – Nokia today announced new Agentic AI capabilities within its autonomous networks portfolio that will help Communication Service Providers (CSPs) better automate, secure, and monetize their networks. Extending the AI capabilities already embedded in Nokia’s autonomous networks portfolio, the latest Agentic AI enhancements enable CSPs to more easily detect security threats, accelerate new service creation, and improve the management of their networks.

    “CSPs around the world are actively pursuing higher levels of network autonomy to achieve increased operational efficiency and offer their customers personalized experiences. AI is the catalyst to unlock L4/L5 autonomy, manage complexity, and orchestrate actions across network domains and operational functions,” said Kal De, SVP Product and Engineering, Cloud and Network Services at Nokia.

    “Traditional machine learning, LLMs, and Agentic AI will each play critical roles in the journey towards fully autonomous networks. Nokia is helping CSPs evolve their network, service and security operations with AI models trained on telco data, and with access to contextual information like threat intelligence,” said Andy Hicks, Senior Principal Analyst at GlobalData.

    Nokia’s autonomous networks portfolio delivers advanced security, analytics, and operations capabilities that provide CSPs with a holistic, real-time view of the network so they can reduce costs, accelerate time-to-value, and deliver the best customer experience. Industry analysts have recognized Nokia as a leader in cybersecurity, telco AI, network automation software, service assurance, and cross-domain service orchestration*. The latest AI capabilities across Nokia’s autonomous networks portfolio include:

    • New AI innovations in security: Nokia is using a telco trained LLM and Agentic AI to proactively detect security threats and rapidly retrieve insights. With its AI-driven approach, Nokia enables CSPs to reduce manual work and significantly improve their security posture by reducing the dwell time between threats occurring and being removed from the network from days to minutes. The new AI-powered Threat Hunt Assistant, part of NetGuard Cybersecurity Dome, leverages telco threat intelligence, network telemetry, and AI to detect attacks and guide security analysts on remediation steps. In addition, enhancements to NetGuard Endpoint Detection and Response, including a signature validation capability that ensures the integrity and authenticity of container images, prevent the deployment of untrusted or tampered software in telco cloud environments.
    • New AI innovations in analytics: Nokia has augmented its subscriber experience analytics for fixed and mobile networks with Generative AI enabling CSP engineers to interact through natural language to easily retrieve insights and generate reports without requiring specialized technical skills (e.g., knowledge of SQL coding). The new self-service AI studio, part of Nokia’s Data Suite, provides an MLOps and LLMOps framework, including pre-packaged AI models for CSPs to build their own AI and GenAI use cases. Together with the AI studio, Data Suite’s curated data products help CSPs to reduce the time it takes to create new AI use cases from six months to four weeks.
    • New AI innovations in digital operations: Nokia’s Digital Operations Center leverages Agentic AI to automate tasks and troubleshoot issues in service orchestration, fulfilment, and assurance. For example, an AI agent can be used to speed up the creation and cataloguing of a new service – or to help an engineer investigate and resolve an order that has failed during the provisioning process. Additionally, Nokia Bell Labs AI models are incorporated for advanced anomaly detection and prediction of network faults.

    Nokia’s latest innovations in AI demonstrate a commitment to help CSPs realize the vision of fully autonomous networks that sense, think, and act.

    * ‘Leading Suppliers in Network Automation Software’ (Appledore Research, July 2024), ‘Frost Radar™: Extended Detection and Response, 2024 (Frost & Sullivan, December 2024), ‘GigaOm Radar for Extended Detection and Response’ (GigaOm, April 2024), ‘Automated Assurance: Worldwide Market Shares 2023’ (Analysys Mason, October 2024),  ‘Service Assurance: Competitive Landscape Assessment’ (GlobalData, December 2024).

    Multimedia, technical information and related news 
    Blog: Orchestrating the future of fully autonomous networks with GenAI
    Product Page: NetGuard Cybersecurity Dome
    Web Page: Nokia AI and Analytics

    About Nokia 
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    Media inquiries 
    Nokia Press Office 
    Email: Press.Services@nokia.com  

    Follow us on social media 
    LinkedIn X Instagram Facebook YouTube 

    The MIL Network

  • MIL-OSI: Municipality Finance issues USD 20 million notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    27 February 2025 at 10:00 am (EET)

    Municipality Finance issues USD 20 million notes under its MTN programme

    Municipality Finance Plc issues USD 20 million notes on 28 February 2025. The maturity date of the notes is 28 February 2035. MuniFin has a right, but no obligation, to redeem the notes early on 28 February 2027. The notes bear interest at a fixed rate of 5.305% per annum.

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 28 February 2025.

    UBS Europe SE acts as the dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet total is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • MIL-OSI: Austria’s Regulatory Reporting Infrastructure to Move to the Cloud with Nasdaq AxiomSL

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq secures technology partnership with AuRep, a unique collaborative joint venture of banks and financial service providers in Austria

    Cloud-based platform will support early compliance with the EU’s Integrated Reporting Framework (IReF)

    NEW YORK and VIENNA, Feb. 27, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced it has signed an agreement with Austrian Reporting Services (AuRep) to provide the regulatory reporting technology that underpins the Austrian financial services industry. Founded in 2013, AuRep is a unique collaboration amongst major banks and financial service providers in Austria designed to consolidate regulatory reporting infrastructure onto a single, shared platform.

    The agreement will see around 90% of Austrian credit institutions move their regulatory reporting infrastructure to the cloud, upgrading their legacy on-premises solution to Nasdaq AxiomSL. It reflects the growing demand for regulatory technology solutions that simplify banks’ underlying architecture to more flexibly meet future requirements.

    “AuRep is a truly unique and innovative response to regulatory complexity and setting the global standard for simplifying regulatory reporting compliance,” said Ed Probst, Senior Vice President, Regulatory Technology at Nasdaq. “European banks are subject to intense supervisory oversight and ever-greater reporting requirements, which is driving increasing demand for cloud-based platforms that can readily adapt to change while providing scalability and the highest standards of security. We are proud of our track record in delivering the highest quality regulatory reporting products and services and AuRep’s rigorous selection process has confirmed the same.”

    Staying ahead of regulatory change was critical for AuRep. By selecting Nasdaq AxiomSL as a Service (SaaS), AuRep is able to rapidly deploy regulatory updates and scale up capacity to deliver to the Austrian banking community. Future regulatory changes such as the EU’s incoming Integrated Reporting Framework (IReF) will be seamlessly integrated into the Nasdaq AxiomSL platform ensuring timely and cost-effective compliance. IReF seeks to harmonize statistical reporting across euro area banks, but will significantly increase the volume, granularity, and frequency of data submissions, meaning many will be unable to comply unless they modernize their underlying data architecture or seek cloud-based solutions.

    Kenneth Born, CEO at Aurep, said: “We selected Nasdaq AxiomSL to future-proof our Common Reporting Platform, optimized according to our Target Operating Model drawing on innovative, scalable, and fully compliant public cloud infrastructure. Adapting this software in line with the Austrian Central Bank’s granular Integrated Reporting Data Model, continues the success story of the Austrian standardized granular reporting platform. It enables banks to create and submit reports legally required under Austrian and European regulations, with tailored and efficient software in a consistent and highly standardized manner, while realizing economies of share.”

    Owned by the majority of Austrian Banking groups, AuRep operates a common regulatory reporting platform, offering an audit-proof, stable, and reliable framework for its members. It is the single point of contact for all reporting entities and financial service providers in the country, aggregating data into a central client-isolated reporting system, which then transmits data reliably and securely to the Central Bank of the Republic of Austria.

    Nasdaq AxiomSL is a comprehensive data management tool and regulatory reporting platform. It is designed to simplify regulatory reporting processes for banks and other financial services companies, recognizing that in an increasingly global and real-time financial ecosystem, institutions need modern compliance and regulatory reporting solutions that simplify a complex regulatory landscape. The platform allows clients to centralize and scale all current and future regulatory reporting processes from a single, cloud-enabled, end-to-end platform. It supports compliance with 110 regulators across 55 jurisdictions, backed by a global team of industry experts, supporting a quick time to market as banks expand into new markets or asset classes.

    Nasdaq’s technology is used by 97% of global systematically important banks, half of the world’s top 25 stock exchanges, 35 central banks and regulatory authorities, and 3,500+ clients across the financial services industry. As a scaled platform partner, Nasdaq draws on deep industry experience, technology expertise, and cloud managed service experience to help financial services companies solve their toughest operational challenges while advancing industrywide modernization.

    About Nasdaq

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

    Media Contacts

    Andrew Hughes; +44 (0)7443 100896; Andrew.Hughes@nasdaq.com

    Camille Stafford; +1 (234) 934 9513; Camille.Stafford@nasdaq.com

    Cautionary Note Regarding Forward-Looking Statements:

    Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will” and “can” and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of Nasdaq’s AxiomSL platform. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    -NDAQG-

    The MIL Network

  • MIL-OSI: Fourth Quarter Report 2024

    Source: GlobeNewswire (MIL-OSI)

    SERSTECH GROUP, 1 OCTOBER – 31 DECEMBER 2024

    • Net sales amounted to KSEK 13 326 (4 209).
    • EBITDA amounted to KSEK -1 515 (-4 390).
    • EBIT amounted to KSEK -3 725 (-7 405).
    • Cash flow from operating activities amounted to KSEK 3 645 (4 667).
    • Earnings per share amounted to SEK -0.02 (-0.04).
    • Earnings per average number of shares amounted to SEK -0.02 (-0.04).

    SERSTECH GROUP, 1 JANUARY – 31 DECEMBER 2024

    • Net sales amounted to KSEK 52 262 (62 913).
    • EBITDA amounted to KSEK -1 199 (12 900).
    • EBIT amounted to KSEK -9 040 (955).
    • Cash flow from operating activities amounted to KSEK 562 (7 632).
    • Earnings per share amounted to SEK -0.04 (0.00).
    • Earnings per average number of shares amounted to SEK -0.04 (0.00).

    Message from the CEO

    Our net sales in 2024 were 52.3 MSEK, with a net result of -9.1 MSEK. The year ended in a strong way, with an order intake of approximately 28 MSEK in Q4, whereof 15.9 MSEK will be delivered and invoiced in Q1 2025. There are several significant improvements compared to the record-breaking 2023. In 2023, we delivered three major orders from two partners, whereof one order was almost half the annual revenue. In 2024, we delivered seven major orders from seven partners. We see that the order distribution will likely continue to develop in the right direction, reducing the risk and dependency on a small number of partners.

    In 2025, we will spend significant resources on reevaluating our partner network to identify key partners and fill gaps in the coverage. To do this, we are investing more in sales and the expanded team will visit all partners we think have potential before the end of the year. During the pandemic we lost the contribution from most of our par tners. Some closed their operations, and some shifted their efforts to other areas still open for business. We know from experience that we need to push again and again to stay top-of[1]mind with our partners, who often sell a broad variety of other products. With 170 partners and only three people in sales, this has been a challenge in the past.

    We are adding two salespeople during the first half of 2025, and we have recruited a new head of sales, who starts in March. He will lead the efforts to build the sales team, and we aim to have the complete team in place before the end of the summer. We will see significant effects of our sales investments in 2026 and beyond.

    In May 2024, we launched the new Serstech Arx mkII. Throughout the year, we have spent all our R&D resources on improving it further, through upgrades of the software, algorithms, production process, and libraries. We have also invested in our SERS offering, i.e. the various accessories that allow our handheld instruments to go way beyond what a handheld instrument traditionally can do. With the SERS accessories, we can identify miniscule amounts of powders and liquids, very low concentrations, and samples with weak Raman signals. The feedback we receive from the market is that our SERS accessories are by far the best solution in the industry, and customers almost always include some SERS products when they place an order of our instruments.

    At the end of the year, we secured additional capital, which will allow the investments in sales and R&D and significant improvements in our production. The market remains larger than usual, and we need to invest in sales to be able to capture the increased volumes available. The plan is that our sales team will grow from three people to six in 2025, and as our sales capacity grows, we will add focus on the military customer segment, which is relatively new to Serstech.

    We are convinced that 2025 will return us to growth and the investments we are now doing in sales and R&D will allow us to build a strong pipeline for 2026 and onwards.

    Stefan Sandor, CEO 

    February 2025

    For further information, please contact:
    Stefan Sandor,
    CEO, Serstech AB Phone: +46 739 606 067
    Email: ss@serstech.com

    or

    Thomas Pileby,
    Chairman of the Board, Serstech AB Phone: +46 702 072 643
    Email: tp@serstech.com
    or visit: www.serstech.com

    This is information that Serstech AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above at 08:45 CET on February 27, 2025.

    Certified advisor to Serstech is Svensk Kapitalmarknadsgranskning AB (SKMG).

    About Serstech
    Serstech delivers solutions for chemical identification and has customers around the world, mainly in the safety and security industry. Typical customers are customs, police authorities, security organizations and first responders. The solutions and technology are however not limited to security applications and potentially any industry using chemicals of some kind could be addressed by Serstech’s solution. Serstech’s head office is in Sweden and all production is done in Sweden.

    Serstech is traded at Nasdaq First North Growth Market and more information about the company can be found at www.serstech.com

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    The MIL Network

  • MIL-OSI China: AI at core of developing new quality productive forces in Hong Kong: financial secretary

    Source: China State Council Information Office

    Hong Kong will endeavor to develop Artificial Intelligence (AI) as a core industry and empower traditional industries in their upgrading and transformation, the financial secretary of the Hong Kong Special Administrative Region (HKSAR) government said on Wednesday.

    While delivering the 2025-26 budget at the HKSAR’s Legislative Council, Paul Chan said that AI is at the core of developing new quality productive forces. Hong Kong will leverage the edge of “one country, two systems” and its internationalized characteristic to develop the city into an international exchange and cooperation hub for the AI industry.

    Chan said that to spearhead and support Hong Kong’s innovative R&D as well as industrial application of AI, he has set aside HK$1 billion (about $128.69 million) for the establishment of the Hong Kong AI Research and Development Institute.

    To bring together top talents in the industry to study the development and application of AI, the Hong Kong Investment Corporation Limited will host the first International Young Scientist Forum on Artificial Intelligence and the first International Conference on Embodied AI Robot, Chan added.

    Furthermore, the HKSAR government has established the Hong Kong Space Robotics and Energy Center under the InnoHK Research Clusters, with the aim of developing a multi-functional lunar surface operation robot, which will contribute to the country’s Chang’e 8 mission, Chan said.

    MIL OSI China News

  • MIL-OSI Economics: Underwriting Auction for sale of Government Securities for ₹32,000 crore on February 28, 2025

    Source: Reserve Bank of India

    Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 28, 2025 (Friday).

    As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

    (₹ crore)
    Security Notified Amount MUC amount per PD Minimum bidding commitment per PD under ACU auction
    6.79% GS 2031 10,000 239 239
    6.92% GS 2039 12,000 286 286
    7.09% GS 2054 10,000 239 239

    The underwriting auction will be conducted through multiple price-based method on February 28, 2025 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.

    The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2258

    MIL OSI Economics