NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Business

  • MIL-Evening Report: Fatima Payman’s new Australia’s Voice party to appeal to the ‘unheard’

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

    Senator Fatima Payman, launching her new political party Australia’s Voice, is pitching strongly at the large number of voters who are disillusioned with the big parties.

    “Australians are fed up with the major parties having a duopoly, a stranglehold over our democracy. If we need to drag the two major parties kicking and screaming to do what needs to be done, we will.”

    Payman, who stresses she is not forming a Muslim party, quoted both Gough Whitlam and Robert Menzies in introducing the new group.

    She said the party was “for the disenfranchised, the unheard, and those yearning for real change”. But she was short on any detail, saying policies and candidates would come later.

    Payman quit the Labor party to join the crossbench after disciplinary action that followed her crossing the floor over Gaza. A senator from Western Australia, she doesn’t face the voters until the election after next.

    It has previously been flagged the party intends to field Senate candidates as well as run in some lower house seats. Its strategist is so-called preference whisperer Glenn Druery, who works for Payman. Druery had success in promoting micro-party candidates running for upper houses in the past, but tightened federal electoral rules mean it will be an uphill battle to get a senator elected for the new party.
    Payman told a news conference on Wednesday: “This is more a movement than a party. It’s a movement for a fairer, more inclusive, Australia. Together we will hold our leaders accountable and ensure that your voice – Australia’s Voice – is never silenced.”

    Payman invoked “the great Gough Whitlam” when he said, “There are some people who are so frightened to put a foot wrong that they won’t put a foot forward”.

    “This comment made in 1985 applies so much to the current Labor Party who has lost its way,” Payman said.

    Looking also to the other side of politics she said: “Australia’s Voice believes in a system where people come first, where your concerns are not just heard but acted upon. We reject the status quo that serves the powerful and ignores the rest, the forgotten people as Robert Menzies put it.”

    She said after spending countless hours listening to Australians, the message she’d heard had been “a growing frustration”.

    “A feeling of being left behind, of shouting into a void, only for their concerns to fall on deaf ears.

    “So many of you have told me, with emotion in your hearts. ‘We need something different We need a voice’.

    “It is this cry for change that has brought us here today. Because we can no longer sit by while our voices are drowned out by the same old politics. It’s time to stand up, to rise together, and to take control of our future.”

    Underlining the party would be inclusive, Payman said, “This is a party for all Australians. We’re going to ensure that everyone is represented, whether it’s the mums and dads who are trying to make ends meet, or the young students out there, or whether it’s the grandparents who want to have dignity and respect as they age.”

    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. Fatima Payman’s new Australia’s Voice party to appeal to the ‘unheard’ – https://theconversation.com/fatima-paymans-new-australias-voice-party-to-appeal-to-the-unheard-240897

    MIL OSI Analysis – EveningReport.nz –

    January 23, 2025

  • MIL-Evening Report: How do you stop elephant herds from trashing crops and trees? Target sensitive nostrils with a ‘scent fence’

    Source: The Conversation (Au and NZ) – By Patrick Finnerty, Postdoctoral research fellow in conservation, University of Sydney

    Elephant numbers are surging in southern Africa, with fewer natural predators, reduced hunting pressure and feeding by farmers and tourist operators.

    While this is good for elephants, it’s making life harder for humans who live near them. These huge herbivores can raid crops and destroy large trees in national parks with impunity, causing problems for farmers and land managers alike.

    Traditional solutions aren’t ideal. Culling is controversial, and building fences strong enough to deter elephants is very expensive.

    But there’s another option: a fence made of scent. We have explored how specific plant scents can stop wallabies from eating native seedlings. The technique works on Australian herbivores. Would it work for southern Africa’s much larger elephants?

    Our new research put this idea to the test. We mimicked the scent of a shrub known as common guarri (Euclea undulata), which elephants avoid eating, and built a Y-shaped maze for elephants. We placed the scent on one side of the Y and left the other side scent-free.

    The results were clear – our elephants voted with their trunks and avoided the stinky side. This suggests scent could play a useful role in fending off hungry pachyderms.

    How can elephants be a problem?

    The world has three species of elephant. The small Asian elephant is endangered while the even smaller African forest elephant, which lives in rainforests in West Africa and the Congo Basin, is critically endangered.

    But the largest species, the African savannah elephant, is bouncing back in southern Africa from decades of poaching and habitat loss.

    This is great on a conservation front. But it brings fresh problems. As elephant herds expand, they increasingly come into conflict with people – especially farmers. Losing a year’s crop to hungry elephants is devastating. When farmers try to stop them, the elephants can attack and even kill.

    In large numbers, elephants can damage the natural environment like other herbivores – but even more so. In South Africa’s Kruger National Park and other wild places, their enormous appetites have reshaped whole plant communities. The plants elephants like disappear, while those they don’t spread. Elephants also destroy large trees and prevent the growth of new ones.

    Oranges unable to be sold by Zimbabwean farmers are dumped, which attracts elephants and fuels population growth.

    As elephant numbers grow, desperate farmers and land managers have scrambled for solutions. Killing problem elephants has been a common fix. But the practice now faces strong public opposition. Fencing is costly and usually impractical for lower-income farming areas. Other deterrents, such as using flashing lights and annoying sounds to scare off the pachyderms have had mixed success.

    Curiously, elephants are scared stiff of bees. This knowledge has been used effectively by Kenyan farmers, who install beehives around their fields. Studies have shown the technique deters up to 80% of elephants. This method has limits, though, as there are only so many bees an area can sustain and maintaining hives takes work.

    The scent defence

    To deter an elephant, it helps to think like an elephant. We’ve long known carnivores rely heavily on scent to find prey. But scent is very important to herbivores too, as our team has explored. Herbivores rely on smell to tell them which plants to eat and which to avoid.

    In Australia, we have used this knowledge to artificially replicate the scent of boronia pinnata, a flowering shrub which swamp wallabies avoid. These wallabies are the local native equivalent of deer in their eating habits – they eat many different plants, including tree seedlings land managers would rather they did not.
    When we put vials of boronia scent next to vulnerable native seedlings in Sydney’s Ku-ring-gai Chase National Park, we found these seedlings were 20 times less likely to be found and eaten by pesky wallabies.

    Researchers have found similar scent “misinformation” tactics substantially reduced how many eggs from threatened birds were eaten by invasive predators such as ferrets, cats and hedgehogs in New Zealand, while others have found it can reduce losses of wheat grain to house mice in Australia.

    But would this approach work on elephants? We were hopeful. We know elephants can smell water from afar. Better still, elephants have the strongest sense of smell of any land animal.

    We went to South Africa to test it out.

    Our entire research team, including humans and elephants.
    Patrick Finnerty, CC BY-NC-ND

    A proof of concept

    We set up our experiment at the Adventures with Elephants tourism and research centre north of Johannesburg, which is home to six semi-tame elephants.

    Here, we built a large maze shaped like a Y to let us test our idea in a controlled and safe environment. This is essential when working with temperamental animals weighing up to six tonnes.

    From almost ten meters away, elephants had to choose which path through the Y to follow using only their sense of smell. Plants and odour vials were hidden down each arm of the maze, ensuring the animals were not using vision to choose. Both exits to the maze contained lots of leaves and stems of the jacket plum (pappea capensis), a tree elephants love to eat. On one side of the Y, we placed a single glass vial containing just 1 millilitre of a mixture mimicking the smell of common guarri.

    It took just 1 ml of this scent to nudge elephants to go elsewhere.
    Patrick Finnerty

    The results were exciting. Time and time again, the elephants avoided the side where the artificial odour was present.

    An elephant stands at the top of the Y maze, scents the unpleasant plant on the right arm, and chooses to walk down the left arm.

    Scaling up

    Our results suggest using scent could provide a practical way we could avoid human-elephant conflicts and help people protect crops and national parks at a larger scale.

    Combining artificial odours with existing control measures such as fencing or beehives could offer more accessible and cost-effective methods to live alongside elephants.

    What’s next? We aim to scale up this research in the hope of creating a practical, versatile and cheap tool which people in elephant territory can use to protect crops, trees, and houses from these giant herbivores.

    We acknowledge our research co-authors, Clare McArthur and Peter Banks (University of Sydney) Adrian Shrader (University of Pretoria) and Melissa Schmitt (University of North Dakota), and Paul Finnerty for help designing and constructing the maze. We also thank Sean Hensman and the staff at Adventures With Elephants, South Africa, for allowing us to conduct our study on their premises.

    Patrick Finnerty 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. How do you stop elephant herds from trashing crops and trees? Target sensitive nostrils with a ‘scent fence’ – https://theconversation.com/how-do-you-stop-elephant-herds-from-trashing-crops-and-trees-target-sensitive-nostrils-with-a-scent-fence-239593

    MIL OSI Analysis – EveningReport.nz –

    January 23, 2025

  • MIL-OSI Security: Dual U.S. and Iranian Citizen Arrested for Unlawful Scheme to Violate and Evade U.S. Sanctions Against Iran

    Source: United States Attorneys General

    Kambiz Eghbali, also known as Cameron Eghbali, 50, of Los Angeles, was arrested yesterday pursuant to a now-unsealed indictment charging him, along with Hamid Hajipour and Babak Bahizad, both Iranian nationals, with violations of the International Emergency Economic Powers Act, conspiracy to commit bank fraud, and conspiracy to commit money laundering. Bahizad and Hajipour remain at large.

    According to the indictment, from March 2014 through September 2019, Eghbali and others conspired to unlawfully send digital and physical gift cards loaded with U.S. dollars to Iran. Eghbali would list his company, a U.S.-based purported videogame wholesaler and distributor located in the Central District of California, as the seller of the gift cards, and would provide cards to Bahizad for the benefit of his Iran-based gaming company, and to Hajipour for the benefit of his mobile software application service company. Bahizad and Hajipour would then pay Eghbali for the cards by transferring money from Iran to Eghabli’s U.S.-based bank accounts using third parties in other countries to conceal the transfer from U.S. regulators.

    The International Emergency Economic Powers Act (IEEPA) and the Iranian Transactions and Sanctions Regulations (ITSR) impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism. The IEEPA and ITSR, among other things, prohibit the export, reexport, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services, including financial services, to Iran or the Government of Iran without first obtaining authorization from the U.S. Treasury Department’s Office of Foreign Assets Control.

    If convicted, the defendants face the following maximum penalties: 20 years in prison for violations of IEEPA, 30 years in prison for bank fraud violations, and 20 years in prison for money laundering violations. The indictment also notifies defendants that the United States intends to forfeit all property alleged to be traceable to proceeds of the offense. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant Attorney General Matthew G. Olsen of the Justice Department’s National Security Division, U.S. Attorney Martin E. Estrada for the Central District of California, and Executive Assistant Director Robert Wells of the FBI’s National Security Branch made the announcement.

    The FBI is investigating the case, with support from Homeland Security Investigations.

    Assistant U.S. Attorneys Anna Boylan and Mark Takla for the Central District of California and Trial Attorneys David J. Ryan and Leslie Esbrook of the National Security Division’s Counterintelligence and Export Control Section are prosecuting the case.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

    January 23, 2025

  • MIL-OSI New Zealand: Universities – Do investors trust AI for stock market predictions? – UoA

    Source: University of Auckland (UoA)

    Despite the growing sophistication of artificial intelligence, investors prefer human expertise when it comes to stock market predictions, according to a new study. 

    The study, which involved 3,600 US participants, examined responses to S&P 500 stock predictions made by human analysts, AI systems and a combination of both.
    Researchers Dr Gertjan Verdickt (University of Auckland) and Francesco Stradi (KU Leuven), say the findings challenge the assumption that AI’s data-crunching prowess might automatically earn investor trust. 
    “We found that investors are more likely to believe human analysts first, followed by a combination of both human and AI,” says Verdickt, a finance lecturer at the University of Auckland Business School. 
    “AI-generated predictions are viewed with the most scepticism.”
    He says this result was somewhat surprising in light of recent developments in AI technology.
    “Previous studies have shown that AI can outperform human analysts, but it’s apparent that trust is a major issue.”
    The results also showed notable differences between genders, with women showing more openness to AI-driven advice than men. 
    “Men tend to be overconfident in their financial abilities, which may explain why they are more sceptical of AI,” says Verdickt.
    “Also, we have seen in other studies that women, on average, get different and often worse advice from financial advisers, such as recommendations for products with higher fees and less risk.” 
    The findings also show that investors with a deeper understanding of AI are more likely to trust its predictions. 
     
    Meanwhile, people who gave their political affiliation as Democrat, were more likely to trust AI-generated forecasts than Republicans.
    To explore whether using more familiar AI tools could boost trust, the researchers also tested whether investors would view the well-known large language model ChatGPT more favourably.  
    “Contrary to recent research suggesting familiarity enhances trust in technology, our results indicate that replacing ‘AI’ with ‘ChatGPT’ does not improve investor trust. In fact, we find that investors distrust ChatGPT-generated advice, perhaps even more than the generic ‘AI model’ we reference in our study.” 
    Verdickt says the findings show that technical effectiveness alone can’t gain investor trust.  
    “We are the first to study investors’ reactions to AI forecasts from a perspective of credibility and beliefs. Our findings show that financial institutions should approach AI integration cautiously and consider tailored communication strategies for different demographics.”  

    MIL OSI New Zealand News –

    January 23, 2025

  • MIL-Evening Report: The Australian government has introduced new cyber security laws. Here’s what you need to know

    Source: The Conversation (Au and NZ) – By David Tuffley, Senior Lecturer in Applied Ethics & CyberSecurity, Griffith University

    gerardaskes/Shutterstock

    The Albanese government today introduced long-awaited legislation to parliament which is set to revolutionise Australia’s cyber security preparedness.

    The legislation, if passed, will be Australia’s first standalone cyber security act. It’s aimed at protecting businesses and consumers from the rising tide of cyber crime.

    So what are the key provisions, and will it be enough?

    What’s in the new laws?

    The new laws have a strong focus on victims of “ransomware” – malicious software cyber criminals use to block access to crucial files or data until a ransom has been paid.

    People who pay a ransom do not always regain lost data. The payments also sustain the hacker’s business model.

    Under the new law, victims of ransomware attacks who make payments must report the payment to authorities. This will help the government track cyber criminal activities and understand how much money is being lost to ransomware.

    The laws also involve new obligations for the National Cyber Security Coordinator and Australian Signals Directorate. These obligations restrict how these two bodies can use information provided to them by businesses and industry about cyber security incidents. The government hopes this will encourage organisations to more openly share information knowing it will be safeguarded.

    Separately, organisations in critical infrastructure – such as energy, transport, communications, health and finance – will be required to strengthen programs used to secure individuals’ private data.

    The new legislation will also upgrade the investigative powers of the Cyber Incident Review Board. The board will conduct “no-fault” investigations after significant cyber attacks. The board will then share insights to promote improvements in cyber security practices more generally. These insights will be anonymised to ensure the identities of victims of cyber attacks aren’t publicly revealed.

    The legislation will also introduce new minimum cyber security standards for all smart devices, such as watches, televisions, speakers and doorbells.

    These standards will establish a baseline level of security for consumers. They will include secure default settings, unique device passwords, regular security updates and encryption of sensitive data.

    This is a welcome step that will ensure everyday devices meet minimum security criteria before they can be sold in Australia.

    A long-overdue step

    Cyber security incidents have surged by 23% in the past financial year, to more than 94,000 reported cases. This is equivalent to one attack every six minutes.

    This dramatic increase underscores the growing sophistication and frequency of cyber attacks targeting Australian businesses and individuals. It also highlights the urgent need for a comprehensive national response.

    High-profile cyber attacks have further emphasised the need to strengthen Australia’s cyber security framework. The 2022 Optus data breach is perhaps the most prominent example. The breach compromised the personal information of more than 11 million Australians, alarming both the government and the public, not to mention Optus.

    Cyber Security Minister Tony Burke says the Cyber Security Act is a “long-overdue step” that reflects the government’s concern about these threats.

    Prime Minister Anthony Albanese has also acknowledged recent high-profile attacks as a “wake-up call” for businesses, emphasising the need for a unified approach to cyber security.

    The Australian government wants to establish Australia as a world leader in cyber security by 2030. This goal reflects the government’s acknowledgement that cyber security is fundamental to national security, economic prosperity and social well being.

    Broader implications

    The proposed laws will enhance national security. But they could also present challenges.

    For example, even though the laws place limitations on how the National Cyber Security Coordinator and Australian Signals Directorate can use information, some businesses might still be unwilling to share confidential data because they are worried about damage to their reputation.

    Businesses, especially smaller ones, will also face a substantial compliance burden as they adapt to new reporting requirements. They will also potentially need to invest more heavily in cyber security measures. This could lead to increased costs, which might ultimately be passed on to consumers.

    The proposed legislation will require careful implementation to balance the needs of national security, business operations and individual privacy rights.

    David Tuffley 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. The Australian government has introduced new cyber security laws. Here’s what you need to know – https://theconversation.com/the-australian-government-has-introduced-new-cyber-security-laws-heres-what-you-need-to-know-240889

    MIL OSI Analysis – EveningReport.nz –

    January 23, 2025

  • MIL-OSI: 2025 Financial Calendar of AS Coop Pank

    Source: GlobeNewswire (MIL-OSI)

    AS Coop Pank has decided the company’s Financial Calendar for the 2025 financial year.

    In 2025 Coop Pank plans to disclose information and organize the general meeting of shareholders according to the following schedule:

    13.02.2025      Q4 2024 and unaudited full year results
    14.02.2025      January results
    12.03.2025      February results
    19.03.2025      Audited Annual Report for 2024
    16.04.2025      General meeting of shareholders
    23.04.2025      Q1 interim results
    13.05.2025      April results
    11.06.2025      May results
    18.07.2025      Q2 interim results
    12.08.2025      July results
    10.09.2025      August results
    22.10.2025      Q3 interim results
    12.11.2025      October results
    10.12.2025      November results

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking reached 200,000. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti, comprising of 320 stores.

    Additional information:
    Paavo Truu
    CFO
    Phone: +372 5160 231
    E-mail: paavo.truu@cooppank.ee

    The MIL Network –

    January 23, 2025

  • MIL-OSI: Sampo plc’s share buybacks 8 October 2024

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 9 October 2024 at 8:30 am EEST

    Sampo plc’s share buybacks 8 October 2024

    On 8 October 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                

    Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)
      3,346 40.69 AQEU        
      44,685 40.68 CEUX
      514 40.72 TQEX
      43,757 40.66 XHEL
    TOTAL 92,302 40.67  

    *rounded to two decimals                

    On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of Sampo plc resolved to increase the share buyback programme to EUR 475 million. The programme, which started on 18 June 2024, is based on the authorisation granted by Sampo’s Annual General Meeting on 25 April 2024.

    After the disclosed transactions, the company owns in total 8,223,916 Sampo A shares representing 1.50 per cent of the total number of shares in Sampo plc, taking the issuance of shares on 16 September 2024 into account.

    Details of each transaction are included as an appendix of this announcement.

    On behalf of Sampo plc,
    Morgan Stanley

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    The principal media
    FIN-FSA
    DEN-FSA
    http://www.sampo.com

    Attachment

    • Sampo_share_buyback_08_10_2024

    The MIL Network –

    January 23, 2025

  • MIL-OSI New Zealand: Business – OCR Drop Welcomed by Canterbury Businesses

    Source: Business Canterbury

    Canterbury businesses will welcome today’s further drop in the OCR following the Reserve Bank’s announcement to cut the OCR by 50 basis points to 4.75%. 
    Business Canterbury Chief Executive Leeann Watson says, “today’s further drop will provide a further boost to business confidence at a time when businesses continue to face increased financial pressure. We hope today’s announcement will continue to increase consumer confidence and demand, which have been at an all-time low.”
    “Since February 2023, when inflation and interest rates outpaced labour market constraints, cost pressures have consistently taken the number one spot in business concerns, according to Business Canterbury’s quarterly survey of over 450 businesses in Canterbury.”
    “Following the previous OCR announcement in August, we saw quite a significant improvement in expectations for both the Canterbury economy and individual business performance, a big turnaround from what we saw in the results from May.”
    “This optimism indicates that recent drops in inflation and interest rates are positively influencing the business operating environment, even as many companies continue to navigate the challenges of what has felt like an elastic band economy over the past few years.”
    “We hope to see further improvement in consumer confidence which saw a lift in September, although still net pessimistic, with spending remaining subdued in many areas. Over the three months to August, retail spending in Canterbury declined by just over 1% from the same time last year, a reduction of about $26 million, which businesses continue to be concerned about. We hope today’s further reduction will see further improvements in consumer confidence to help boost sales for businesses, off the back of an extremely challenging period.”
    “Today’s announcement is another positive step in encouraging an environment that supports economic activity, enabling businesses to concentrate on productivity, innovation, and growth.”
    “Canterbury businesses have shown incredible resilience over the past four to five years, and I’m confident that they will continue to thrive as we move toward a more optimistic economic future.” 
    About Business Canterbury
    Business Canterbury, formerly Canterbury Employers’ Chamber of Commerce, is the largest business support agency in the South Island and advocates on behalf of its members for an environment more favourable to innovation, productivity and sustainable growth.

    MIL OSI New Zealand News –

    January 23, 2025

  • MIL-OSI: TomTom provides enhanced navigation to IVECO commercial vehicles

    Source: GlobeNewswire (MIL-OSI)

    • TomTom and IVECO renew their multi-year collaboration, with TomTom’s navigation, maps, and traffic data powering IVECO’s commercial vehicles
    • Leveraging TomTom’s expertise, IVECO provides its customers with an enhanced navigation solution to make logistics safer and more efficient

    AMSTERDAM, Oct. 09, 2024 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, has been selected by IVECO, a brand of Iveco Group and a market-leading manufacturer of light, medium, and heavy commercial vehicles, to power its navigation solution in vehicles globally.

    IVECO’s new light commercial vehicle Daily, the electric eDaily, and heavy-duty S-Way truck will come equipped with TomTom’s full stack navigation, featuring maps, custom truck routing, real-time traffic information, and connected services. The solution is further enhanced with advanced connectivity, designed to maximize uptime and enable over-the-air updates, ensuring navigation updates, maintenance, and repair operations are efficient and convenient for drivers and operators. The result is a solution that improves routing accuracy, reduces travel times, and enhances the user experience.

    “We’re excited to expand our collaboration with IVECO to develop new solutions that cater to the ever-evolving needs of fleet drivers and operators, and the logistics industry at large,” said Mike Schoofs, Chief Revenue Officer, TomTom. “By providing businesses with seamless access to up-to-date and precise location data, we enable enhanced navigation for fully electric, mixed, or gas-powered fleets to help optimize their activities.”

    “At IVECO, we continually strive to enhance our service offering to provide complete mobility solutions that cater to our customers’ specific needs,” said Lorenzo Marangio, Head of Service Solutions, IVECO. “By leveraging TomTom’s industry-leading maps, navigation software, and traffic insights, we can offer an advanced navigation solution tailored to better optimize fleet deliveries, improve the driver experience, and increase our customer’s overall business productivity.”

    About TomTom: 

    Billions of data points. Millions of sources. Thousands of communities.

    We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward.

    Headquartered in Amsterdam with 3,700 employees around the globe, TomTom has been shaping the future of mobility for over 30 years.

    http://www.tomtom.com

    For further information:

    Media Relations

    mediarelations@tomtom.com

    Investor Relations 

    ir@tomtom.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2e5d7189-7035-4b6e-892b-d8502c756a35

    The MIL Network –

    January 23, 2025

  • MIL-OSI Russia: In September, the capital approved the implementation of three KRT projects

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Three integrated territorial development projects (ITD) are being implemented in the east, northeast and south of the capital. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “In September, the implementation of three projects for the integrated development of territories on sites with a total area of over nine hectares was approved. They plan to build 229 thousand square meters of various real estate. Investments in the projects are estimated at 51.9 billion rubles, and the annual budget effect is 1.1 billion rubles. As a result, over 2.6 thousand jobs will be created,” said Vladimir Efimov.

    The site in the Ivanovskoye district will be put up for auction. The owner of the rights will be engaged in the reorganization of the site in Nagatino-Sadovniki, and the operator KRT has been appointed for the redevelopment of the territory in the Sviblovo and Rostokino districts. The project implementation periods vary from four to five years.

    “According to the projects for the integrated development of territories approved in September, residential and business quarters will be built on inefficiently used sites. In total, 122.8 thousand square meters of modern housing will appear there, including for participants in the renovation program, as well as 106 thousand square meters of public and business real estate, including an ambulance substation, a sports and fitness center and hotels,” noted the Minister of the Moscow Government, Head of the Department of City Property

    Maxim Gaman.

    According to the program of integrated development of territories, multifunctional city quarters are created, where roads, comfortable housing and all necessary infrastructure are designed on the site of former industrial zones and inefficiently used areas. Currently, 236 KRT projects with a total area of more than 3.1 thousand hectares are at various stages of implementation in Moscow. Their development is being carried out on the instructions of Sergei Sobyanin.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/144996073/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: In the center of science: 12 thematic festivals have been prepared for the capital’s schoolchildren

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    This autumn, city science festivals for students in grades 7–11 will be held at Moscow schools as part of the “In the Center of Science” project. Schoolchildren will communicate with young scientists and employees of leading Russian universities and companies, and will also try to conduct research under the guidance of experienced mentors. This was reported by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    “Moscow education opens up endless horizons of opportunities for Moscow schoolchildren, allowing them to find themselves and discover their talents at a young age. This academic year, schools will host 12 scientific festivals, which will become a powerful catalyst for passion for science and research. The prepared programs cover four key areas: engineering, natural science, social science and humanitarian science, and information technology,” noted Anastasia Rakova.

    According to her, during the festivals, schoolchildren will take part in popular science lectures, master classes and discussions. This will create a unique atmosphere for exchanging knowledge and ideas. Games and competitions will add dynamism and interest, attracting more than four thousand participants.

    Moscow education is not only an educational process, but also an inspiration for future scientists, researchers and innovators. Such events allow students to confidently step into the world of science and new achievements, added Anastasia Rakova.

    Schoolchildren interested in engineering will take part in lectures on radiation, the connection between music and mathematics, preparing astronauts for flight, and will be able to try their hand at conducting physical experiments, creating complex electrical circuits, and working with large volumes of data. Those who chose the natural sciences will attend lectures on chemistry, biology, and ecology, and will also take part in master classes on the basics of perfumery.

    Participants in the social and humanitarian track will immerse themselves in linguistics, journalism, literature, economics and attend classes on methods of sociological research, features of translating foreign films. Schoolchildren will discuss the phenomenon of quality journalism with their mentors, and participation in workshops will help them acquire skills in writing original texts.

    Young programmers will attend lectures on big data in a metropolis, reliable encryption of information and metrics for assessing the quality of model performance. For schoolchildren interested in digital technologies, there will be a career guidance class and lectures from experts. The knowledge gained can be applied in master classes on creating a computer game and a voice assistant, practical training in robotics and financial security.

    The festivals will last until December. To participate, you need to choose a convenient venue and date, and also register on the website of the project “In the Center of Science”. Besides, on the page on the social network VKontakte An online broadcast of the main lectures will be available.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/144992073/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Russia: Capital enterprises increased food production with the support of the city

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    Today, the capital’s food industry is represented by 290 enterprises employing over 60 thousand people. In the first eight months of this year, producers, with the active support of the city, increased the production of food and beverages. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “Moscow’s industrial enterprises successfully provide residents with critically important goods: clothing and footwear, medicines, medical equipment, household chemicals, and food products. On behalf of Sergei Sobyanin, the city provides industrialists with comprehensive support, which is aimed at strengthening technological sovereignty and creating the necessary volumes of in-demand products. Thus, from January to August 2024, Moscow saw an increase in food production. In particular, the production of fish products more than doubled, meat and dairy products by 10 percent, bakery and flour confectionery by seven percent, and beverages by 16 percent. In addition, during this period, Moscow enterprises shipped food products worth more than 472.3 billion rubles, which is almost 20 percent more than the same period in 2023,” said Maxim Liksutov.

    From January to August, industrialists produced over 200.9 thousand tons of sausages, more than 53.8 million cans of fruit and vegetable preserves, about 27 thousand tons of cheese and cottage cheese, approximately 327 thousand tons of bread and bakery products, as well as almost 30 thousand cans of fruit and vegetable juices.

    Goods produced in the city are in demand both within the Moscow agglomeration and in other regions of the country, as well as abroad. Get advice on developing an export business direction you can hereSince 2022, the capital’s producers of non-raw material, non-energy products have found new partners in the markets of Latin America, Africa, the Middle East, Southeast Asia and the CIS countries.

    “Based on the results of the first eight months of 2024, meat processing plants delivered goods to customers worth almost 106 billion rubles, and dairy plants – almost 60 billion. In addition, bread and bakery producers shipped more than 63 billion rubles. The volume of beverage deliveries amounted to 54 billion rubles and exceeded the results of January-August 2023 by 41 percent,” said the Minister of the Moscow Government, head of the capital’s Department of Investment and Industrial Policy

    Anatoly Garbuzov.

    Moscow is the largest industrial and scientific-engineering center of Russia. There are more than 4.5 thousand industrial enterprises in the capital, employing over 750 thousand people. Every year, 150 new technology companies open here and dozens of investment projects are implemented, providing the city with additional jobs.

    The capital has developed a set of measures aimed at increasing Moscow’s investment attractiveness for domestic industrialists and developing production. Comfortable conditions have been created for small, medium and large enterprises – today, manufacturers have access to more than 20 systemic and anti-crisis support tools.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145002073/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Global: Rushing or delaying decisions is linked to anxiety and depression in young people – study

    Source: The Conversation – Africa – By Eugene Lee Davids, Associate Professor, University of Pretoria

    Each day we make thousands of decisions, starting with what to have for breakfast and what to wear. We make so many decisions that we don’t keep count.

    But it’s important to understand the way we make choices. This is because the approach we take can influence our mental health.

    Over the last eight years, I’ve been researching how young people (15-25) make decisions – especially decisions that have an impact on their mental health. Mental health is a major health and social concern, shaping the lives of young people globally.

    In a recent study, I looked at whether decision-making styles contribute to anxiety and depression among young adults in South Africa.

    One style of making decisions is to evaluate all the possible options and choose the one that would lead to the best outcome. This is called vigilant decision-making.

    The second approach is to make “rushed” decisions, or to put off making a decision.

    I found that vigilant decision makers typically had lower anxiety and depression symptoms. Young adults who put off or rushed their decisions had more anxiety and depression symptoms.

    In the total study group, 37.3% were at risk of a diagnosis for major depressive disorder and 74.2% were at risk for anxiety disorder. These risks were high because rushed or delayed decision makers made up a big share of the total group.

    Understanding the impact of decision-making on mental health helps us recognise whether our choices support or undermine emotional well-being.

    High stress levels

    My research study included 1,411 young South Africans from eight of the country’s nine provinces. They each completed an online questionnaire which measured how they made decisions together with their levels of anxiety and depression symptoms. The types of questions asked included how they would rate statements such as “I like to consider all the alternatives” or “I put off making decisions”.

    The young people in the study were in a stage of development called “emerging adulthood” – between the ages of 18 and 29. Young people in this age group experience high levels of stress and uncertainty, often because of their changing role in society. They are deciding which career path to follow or taking on more adult-like roles.

    Participants in the study were at a stage of life when they could easily develop a disorder. Many mental health disorders start to develop by the age of 15. But it is estimated that by age 25 close to 63%-75% of mental health disorders would be present.

    When a person has to make a decision, time plays a big role. It can influence whether the person uses a vigilant style or a rushed approach. And that approach, in turn, can reduce or create anxiety.

    For example, if a young person needs to decide what contraceptive to use, and they have the time do a thorough search of all the possible contraceptive options and are optimistic about finding the best one, they can arrive at a decision which will be the best for them. The young person is able to evaluate all the possible options without any stress or concern about time.

    But when a concern about time arises and it results in a more rushed decision, or when a decision is delayed for a later stage because of the pressure, it is likely to lead to an increase in anxiety and depression symptoms. The decision of what degree to pursue at university, while the deadline for applying is looming, is an example.

    In the study, an advanced statistical analysis technique was used to look at the links between styles of decision-making and anxiety and depression symptoms. Using this analysis technique I was able to predict which of the styles of decision-making were linked with the anxiety and depression symptoms among the young people in the study.

    Steps to take when making decisions

    Having time on your side often allows for better choices. So it’s worth looking at some useful steps when making decisions:

    1. Identify the problem or situation clearly.

    2. Brainstorm all the possible solutions or options available.

    3. Research the pros and cons of each solution or option.

    4. Determine which of the solutions or options would result in the best outcome for you, based on the problem or situation.

    5. Then, if you are still uncertain, you could consult someone you trust and who has made good decisions previously.

    These five steps are similar to the vigilant decision-making style.

    Looking forward

    Globally, there is a gap in our understanding of mental health among young people. Studying how they make decisions allows researchers to better understand how their choices shape their mental health. It’s then possible to develop programmes that support decision-making that leads to positive mental health outcomes.

    It’s even more important today, when big trends such as the impact of climate change and the (unsafe) digital world are affecting mental health.

    Eugene Lee Davids 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. Rushing or delaying decisions is linked to anxiety and depression in young people – study – https://theconversation.com/rushing-or-delaying-decisions-is-linked-to-anxiety-and-depression-in-young-people-study-237516

    MIL OSI – Global Reports –

    January 23, 2025

  • MIL-OSI Asia-Pac: FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem

    Source: Hong Kong Government special administrative region

    FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem
    FSTB and Bloomberg establish strategic collaboration to enhance Hong Kong’s family office ecosystem
    ******************************************************************************************

         The Financial Services and the Treasury Bureau (FSTB) announced today (October 9) the establishment of Hong Kong Family Office Nexus, a strategic collaboration between the FSTB and Bloomberg L.P. (Bloomberg) with the goal of attracting family offices from around the world to establish or expand their presence in Hong Kong and reinforcing the city’s status as a leading global asset and wealth management hub.      The strategic collaboration was forged following a pivotal meeting in New York this April between the Secretary for Financial Services and the Treasury, Mr Christopher Hui, and the Founder of Bloomberg L.P. and Bloomberg Philanthropies, Mr Michael Bloomberg. Their discussions centred on Hong Kong’s policy initiatives to transform the city into a global hub for family offices and philanthropic activities, and how the two parties shall collaborate to further the efforts.      The partnership with Bloomberg will focus on four key pillars, namely community building, knowledge sharing, technology support and philanthropic collaboration. The FSTB, together with Invest Hong Kong (InvestHK) and the Hong Kong Academy for Wealth Legacy (HKAWL), will collaborate with Bloomberg on various initiatives to bolster Hong Kong’s family office ecosystem.      Mr Hui said, “Michael and I share a common vision to develop Hong Kong into a global centre for family offices and philanthropists. His insights, together with Bloomberg’s extensive international reach and its expertise in financial data and technology, will be invaluable to further enhance Hong Kong’s appeal to family offices worldwide. It is our great pleasure to partner with Bloomberg to reinforce Hong Kong’s enduring strength as an international financial hub and showcase our commitment to fostering further development and innovation in wealth management and charitable giving. We look forward to working closely with Bloomberg to create an environment where family offices and philanthropic initiatives will thrive.”      The Head of Asia Pacific, Bloomberg, Mr Bing Li, said, “Hong Kong is one of the world’s most compelling family office destinations, with a distinct combination of expertise, regulatory settings and deep financial markets. The Hong Kong Government has a clear goal to grow Hong Kong as a world-class family office hub, and Hong Kong Family Office Nexus seeks to equip that group with the tools and support they need to succeed here. Bloomberg is proud to contribute to the long-term development of Hong Kong’s family office community.”      Titled “Hong Kong Family Office Nexus”, the partnership will encompass the following four key pillars and components: 1. Community Building: The involved parties will co-organise seminars for family office industry professionals covering topics of interest, including impact investing and alternative asset allocation. Bloomberg will also establish a dedicated digital content hub, the Hong Kong Family Office Nexus Knowledge Hub, to host information related to Hong Kong’s family office sector for ongoing community building. It will be available to the Hong Kong family office community in the coming months; 2. Knowledge Sharing: Bloomberg will curate a family office guidebook, providing guidance on setting up family offices in Hong Kong and introducing relevant policy initiatives, such as tax concessions offered and the New Capital Investment Entrant Scheme; 3. Technology Support: Bloomberg will support InvestHK’s family office clients by offering access to Bloomberg’s suite of family office solutions, including Bloomberg Terminal trials, a range of financial and alternative data, and opportunities to learn from Bloomberg’s global network of experts. Bloomberg will also join InvestHK’s Network of Family Office Service Providers, contributing insights and expertise on the latest trends of technology solutions for the family office sector; and 4. Philanthropic Collaboration: The HKAWL will collaborate with Bloomberg Corporate Philanthropy on opportunities for family offices and high-net wealth individuals to engage in Hong Kong’s philanthropic community.      In addition, Bloomberg will introduce a new summit in Hong Kong focused on wealth management in March 2025. This event will complement and amplify the impact of the FSTB’s annual flagship event, the Wealth for Good in Hong Kong Summit (WGHK).  Strategically scheduled to coincide with WGHK 2025, this collaborative effort aims to create synergy, sustaining and building upon the growing momentum in Hong Kong’s family office sector. The dual summits will offer an unparalleled platform for family office principals and professionals to exchange insights, explore opportunities, and shape the future of wealth management in the region. Other initiatives of Hong Kong Family Office Nexus will commence in phases in late 2024.      The Director-General of Investment Promotion, Ms Alpha Lau, said, “We believe that the additional content on Bloomberg’s extensive platforms regarding Hong Kong’s family office sector will complement InvestHK’s efforts in showcasing Hong Kong’s vibrant family office ecosystem to our global audience. We look forward to collaborating with Bloomberg during the extended week at next March’s Wealth for Good in Hong Kong Summit to amplify industry impact and highlight the city’s status as a leading family office hub.”      The Executive Director of the Financial Services Development Council, Dr King Au, said, “We are taking a significant step in enhancing our city’s family office ecosystem. This collaboration underscores our commitment to solidifying Hong Kong as a premier destination for family offices globally, fostering innovation, knowledge sharing, and philanthropy. We aim to create a vibrant community that attracts and supports family offices, driving sustainable growth and bolstering Hong Kong’s status as a leading international financial hub.” 

     
    Ends/Wednesday, October 9, 2024Issued at HKT 15:00

    NNNN

    MIL OSI Asia Pacific News –

    January 23, 2025

  • MIL-OSI: Australia’s TPG Telecom Taps Mavenir to Boost Voice Security For Mobile Users and Block AI-Driven Scam Calls

    Source: GlobeNewswire (MIL-OSI)

    RICHARDSON, Texas, Oct. 09, 2024 (GLOBE NEWSWIRE) — Mavenir, the Network Software Provider building the future of networks with cloud-native solutions that run on any cloud, today announces that its advanced machine learning (ML) technology is being used by TPG Telecom to protect mobile users from the increasing scourge of AI-driven scam and spam voice calls – resulting in a 280 per cent increase in the number of fraudulent calls being blocked before they reach TPG Telecom customers’ mobile phones.

    The Australian telco is already benefiting from Mavenir’s intelligent SpamShield technology protection for SMS messaging for several years. Mavenir is now supplying its robust, real-time CallShield solution –to protect TPG Telecom’s customers across its Vodafone, TPG, iiNet and felix brands from the nuisance and threat of automated and deepfake voice calls initiated by fraudsters.

    In the first six months of this year, Mavenir’s CallShield technology has blocked almost 19 million fraudulent mobile calls from reaching TPG Telecom’s customers. This equates to blocking 103,000 illicit calls from reaching customers per day, and more than triple the 4.9 million calls blocked in the first half of 2023. This represents some of the highest scam and spam call prevention figures in the industry.

    TPG Telecom also uses Mavenir’s SpamShield platform to stop fraudulent SMS from reaching its mobile users. In the first six months of 2024, Mavenir’s technology blocked more than 59.6 million fraudulent text messages from reaching TPG Telecom’s customers.

    Communication Service Providers (CSPs) globally are facing a constantly evolving flow of unsolicited spam and fraud traffic – across both data and voice services – which is increasingly driven by sophisticated AI techniques, making it very difficult to detect and control. In addition to creating a poor experience for users and significant revenue losses for operators, a 2022 report by the Australian Competition and Consumer Commission highlighted that phone scams cost Australians a concerning A$141 million in losses. The Australian Communications and Media Authority (ACMA), the regulator of the country’s telecommunications system, is spearheading industry action to crack down on spam and scam calls and ensure that consumers are adequately protected – enforcing regulatory compliance from operators and supporting the roll-out of effective security solutions from technology vendors. Mavenir’s CallShield solution uses real-time machine learning technology to carry out automated security analysis and proactive defense across voice services – helping operators to stay one step ahead of the scammers. The CallShield solution provides CSPs with 360-degree control to effectively address specific situations within their networks with unrivalled speed and flexibility. While traditional detection and prevention techniques are based on deterministic rules that can be easily detected and bypassed, CallShield’s ML detection algorithms with built-in intelligence adapt to current network conditions and subscriber behavior to continually detect and block attempted activity from spammers and fraudster.

    TPG Telecom Chief Technology Officer Giovanni Chiarelli said: “Our business is built on the trust of our customers. We are committed to embracing new technologies that provide the best possible protection against the nuisance and threat of malicious harm posed by these spammers and scammers. We are pleased Mavenir’s CallShield technology is providing real-time, automated security analysis and effective security for customers across our voice services.”

    Jan Schaar, Asia Pacific Regional Vice President for Mavenir, added: “The speed and sophistication of the techniques being employed by scammers and fraudsters means that a reactive security approach based on purely “reporting” spam is no longer enough. To offer mobile users the assurance and peace of mind they need today, we need to work harder and smarter, and remain one step ahead at all times – continuously learning from and anticipating the scammers’ next move. Our SpamShield platform, with its powerful ML-driven engine, is already delivering state-of-the-art, proactive security and protection across TPG’s messaging services. We are happy to now be extending the solution span by providing our robust CallShield technology – ensuring that TPG’s mobile customers can now enjoy the same superior protection from nuisance and malicious threats that arrive in the form of unwanted voice calls.”

    Notes to editor:

    TPG official Press Release – TPG Telecom stops spams and scams from reaching customers with new call blocker

    CallShield – Mavenir

    SpamShield / Messaging Fraud – Mavenir

    About TPG Telecom

    TPG Telecom is an Australian telecommunications company which is home to some of Australia’s most-loved telecommunications brands including Vodafone, TPG, iiNet, AAPT, Internode, Lebara and felix. As the second largest telecommunications company listed on the ASX, TPG Telecom has a strong challenger spirit and a commitment to delivering the best services and products to its customers. http://www.tpgtelecom.com.au.

    TPG Telecom PR Contact:
    media@tpgtelecom.com.au

    About Mavenir:

    Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit http://www.mavenir.com

    Mavenir PR Contacts:
    Emmanuela Spiteri
    PR@mavenir.com

    The MIL Network –

    January 23, 2025

  • MIL-OSI United Kingdom: UK’s world-class film sector handed major jobs and growth boost by tax reliefs

    Source: United Kingdom – Executive Government & Departments

    Film and the creative industries to form key part of government’s mission to grow the economy in all parts of the UK

    • Independent film productions costing up to £15 million to benefit from an increased tax relief of 53%
    • Move will empower UK filmmakers to create more independent films and co-produce with other countries

    The next generation of indie films have been handed a major boost by the government with the introduction of a tax relief uplift, which will create jobs and drive growth by making more British hits like Aftersun and Billy Elliot possible.

    The Independent Film Tax Credit (IFTC), confirmed today by the Chancellor and Culture Secretary as the London Film Festival gets underway, will mean that for the first time productions with a budget up to £15 million will be eligible for a relief of 53% on qualifying expenditure. Films with a budget up to £23.5 million are also eligible for the IFTC and the relief will be tapered.

    The creative industries are a key part of the economy, generating £125 billion a year, and form a central part of the Government’s mission to grow the economy. The UK film sector is already worth £1.36 billion and employs more than 195,000 people, with the potential to grow further thanks to these reliefs.

    British indie films like Rye Lane, Rocks, Bait and Pride tell award-winning stories about our country, celebrating parts of our culture that often get less exposure. This relief will allow more stories like these to be told, enabling more people to see their lives and experiences reflected on screen.

    To support the Government’s commitment on more distinctly home-grown content and talent, for films to meet the criteria for this new relief, they must have a UK writer or director, or be certified as an official UK co-production.

    The announcement comes ahead of the government’s International Investment Summit next Monday which will gather UK leaders, high-profile investors and businesses from across the world to discuss how we can deepen our partnership to drive investment and growth, including in the creative industries.

    The new measures are the latest in a series of interventions from the government to drive growth, which is creating the conditions for confident investment and trusted partnership with business. From major investment in carbon capture to securing billions in investment from Blackstone and Amazon Web Services, this government is committed to working hand in hand with business to drive growth and investment across many sectors.

    Culture Secretary Lisa Nandy said:

    The UK’s first-class independent filmmakers have a track record of creating cult classics and surprise hits that are enjoyed by millions. Their films showcase British culture and creativity to the world while also supporting thousands of jobs and driving economic growth in all parts of the UK.

    These reliefs will pay dividends both culturally and economically, inspire the next generation of talent across the country, deliver more great British content, and sustain a world-leading industry here in the UK.

    Chancellor of the Exchequer, Rachel Reeves, said:

    The creative industries are a crucial part of our economy, and this change will help strengthen them further.

    By supporting growth in this vibrant sector, we can create jobs and continue to show Britain at its best around the world.

    Faye Ward, producer, Rocks, Suffragette, Stan & Ollie, Wild Rose, said:

    We have a tremendous history of filmmaking and talent in Britain. The indie sector is the main pathway for new and original voices and talent to enter into the industry. It’s imperative that we continue telling and making UK stories for which this enhanced tax relief is vital for our industry.

    Amy Jackson, producer of Oscar-nominated Aftersun, The Outfit and The End We Start From, said:

    This is a vital intervention for the UK industry, which I wholeheartedly welcome. Making British indie films is tough, but this enhanced tax relief means that as a producer I now have crucial support to explicitly focus on bringing incredible stories by British talent to the big screen while building out exciting co-production opportunities. The IFTC will make UK indie film a more attractive investment prospect for international partners and co-producers facilitating more creative collaboration and bringing much needed backing to the independent sector across the board.

    BFI Chair Jay Hunt said:

    The speed with which the Government has turned this around shows how vital this intervention is for independent film. It will have a game changing impact across the whole UK screen sector – creatively and economically.

    Ben Roberts, BFI Chief Executive, said: 

    This is great news for UK film and is already having a positive impact across our industry. More films can now be made in the UK that audiences at home and internationally will get to enjoy. Independent filmmaking is vital to our cultural expression and creativity, it builds careers for talent in front of and behind the camera, and also showcases UK creative excellence on a world stage. We’re grateful to Government, the DCMS and the industry for working together to establish this transformative tax relief uplift where it is most needed.

    Andrew M Smith, Corporate Affairs Director, Pinewood Group, said:

    Pinewood is synonymous with great filmmakers of the past and present and independent film has been at our heart since the Studios opened in 1936. This tax relief is fantastic news for the industry as a whole and will bring an injection of support to further nurture the groundbreaking talent of the future and bring a greater diversity and range of stories to our screens.

    Elizabeth Karlsen, producer, Living, Carol, Colette and The Crying Game, said:

    Based on three decades working in independent film in the UK I can say with absolute confidence that this new support for British independent film will be felt far and wide; it will help us nurture new talent, support established talent, and ensure our global reputation for producing outstanding cinema. The creative and economic benefits will be felt through the industry and beyond.” 

    Hakan Kousetta, executive producer, Slow Horses, Hijack and The Essex Serpent, said:  

    Delighted to welcome this vital support for the British independent sector. A thriving independent film sector is a key part of the industry’s ecology. It’s where myself and many others started our careers and is essential if we are to continue to produce some of the world’s best screen talent both behind and in front of the camera.”  

    While the last few years have been challenging, in part because of the end of the pandemic streaming boom and US writers’ strikes halting productions, in recent decades the UK’s film industry has enjoyed strong growth. Tax incentives for film, first introduced in 2007, helped to bring the production of blockbusters to Britain, but the government is ambitious that it can grow further.

    While major film production has flourished, smaller independent films have not received sufficient support. The tax credits uplift announced today will help the independent film sector reach its full potential, creating jobs and contributing to driving economic growth across the country.

    ENDS 

    Notes to editors:

    Productions qualifying for the relief must have started principal photography on or after 1 April 2024, and only expenditure incurred on or after 1 April 2024 can be claimed.

    The statutory instruments will be laid on 9 October and will take effect from 30 October, which is the date from which the BFI certification unit can begin accepting applications.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 9 October 2024

    MIL OSI United Kingdom –

    January 23, 2025

  • MIL-OSI Russia: Investor to build sports and fitness complex in Troitsk

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    The investor will build a sports and fitness complex in the Troitsk district. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The facility will be a one-story building with an area of 2.5 thousand square meters. There will be a gym for strength training with an area of 800 square meters, and large halls for boxing and weightlifting will be located here. Construction of the sports complex began this year, and it is planned to be built in 2025,” Vladimir Efimov noted.

    The work is being carried out at the site located at the address: block 34, land plot No. 18. In addition to the gyms, the building will house coaching rooms, a medical center, women’s and men’s locker rooms with showers, and a security room. A sports nutrition and equipment store and a cafeteria will be opened on the territory. Guest parking will be located next to the complex.

    “In the Troitsk district, this will be the third major facility where you can do sports. For outdoor activities, there is the Prirodny Park with an area of 14 hectares. Much attention is paid to sports here. The park’s infrastructure includes workout areas, a football field, a hockey rink, a skate park, paths for cycling, running and Nordic walking. Also, a chain sports club with an area of 1.5 thousand square meters has been opened for training in the new shopping center,” added the head of the Department for the Development of New Territories of the City of Moscow.

    Vladimir Zhidkin.

    The Moscow State Construction Supervision Committee issued a permit for the construction of a sports building in early July 2024. The developer immediately began work. Chairman of the Moscow State Construction Supervision Committee Anton Slobodchikov noted that the construction of the sports complex, which is being built on a land plot of 0.5 hectares, will be supervised by the committee’s inspectors at all stages. In accordance with the approved program of on-site inspections, the first of them is scheduled for December of this year.

    Special attention is paid to the development of sports infrastructure in TiNAO. Facilities are being built both at the expense of funds allocated in the Address Investment Program of the city of Moscow and with the involvement of investors.

    Previously Sergei Sobyanin said on the development of social infrastructure in TiNAO.

    Sobyanin: 15 sports facilities will be built and reconstructed in Moscow this year

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145020073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Video: UK What’s on today in Parliament?

    Source: United Kingdom UK Parliament (video statements)

    Today the House of Commons sits from 11.30am, starting with Questions to the Minister for Women and Equalities, Bridget Phillipson before #PMQs at 12pm.

    The House of Lords sits from 3pm, questioning the Government and debating topics such as regulation of water companies, the Strategic Defence Review and migration.

    Also Big Ben tour tickets have been released for January – https://www.parliament.uk/visiting/visiting-and-tours/big-ben-tour/?utm_campaign=0824-mar-ve-paidtours-bigbentours&utm_medium=social&utm_source=youtube

    https://www.youtube.com/watch?v=kVSPa0WnGNc

    MIL OSI Video –

    January 23, 2025

  • MIL-OSI Russia: GUU organized an international scientific and practical conference

    MILES AXLE Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    The State University of Management organized an international scientific and practical conference of the scientific and educational consortium “Eurasian Network University” “Education as a driver of economic growth in the context of Eurasian integration”.

    The venue for the event was the Kyrgyz Economic University named after M. Ryskulbekov.

    The Chairman of the Cabinet of Ministers Akylbek Japarov, the Minister of Economy and Commerce of the Kyrgyz Republic Daniyar Amangeldiev, the Chairman of the Board of the Russian Peace Foundation Sergey Baburin, and the Rector of the Kyrgyz Economic University named after M. Ryskulbekov Almaz Kadyraliev addressed the conference participants with welcoming remarks.

    The opening of the conference was also attended by Vice-Rector of the State University of Management Dmitry Bryukhanov, Vice-Rector for International Activities and Networking of the Nizhny Novgorod State University named after N.I. Lobachevsky Alexander Bedny and Vice-Rector for International Cooperation of the Kyrgyz University of Economics named after M. Ryskulbekov Tamara Dzholdosheva.

    More than 30 representatives of the member universities of the Eurasian Network University made presentations. The conference participants reviewed the best practices of organizing internships, discussed the problems and prospects of integration trends in science and education, coordination of scientific research, problems of developing and recognizing common standards in the scientific and educational sphere in the Eurasian space, as well as the development of joint multilateral scientific research and educational programs.

    Particular attention was paid to the development of new standards and educational programs for training personnel with relevant competencies that meet the modern needs of the economies of the EAEU countries, the importance of integrating the academic and business communities within the framework of socio-economic development, key factors of economic growth and the formation of a single economic space within the EAEU.

    Following the conference “Education as a Driver of Economic Growth in the Context of Eurasian Integration,” tasks were identified that require solutions for successful Eurasian integration and interaction in various spheres of society and the state and the formation of a Eurasian partnership.

    The event included an exhibition of the scientific and educational consortium “Eurasian Network University” (ENU), where the main areas of activity of the network university were presented, and the Olympiads were presented: the All-Russian scientific and practical tournament with international participation “Hi-Tech Breakthrough”, the Olympiad “Future of the EAEU” and the Eurasian Olympiad – International Student Olympiad of ENU, the winners of which get the opportunity to study at Russian universities participating in ENU within the quota of the Government of the Russian Federation.

    Subscribe to the TG channel “Our GUU” Date of publication: 10/9/2024

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    GUU organized an international scientific and practical conference

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI: Eviden drives quantum adoption with installation of IQM Spark quantum computer

    Source: GlobeNewswire (MIL-OSI)

    This IQM quantum computer will enable Eviden’s clients to engage in quantum programming and applications.

    Paris, France – October 9, 2024 – Eviden, the Atos Group business leading in advanced computing today announces having signed a partnership with IQM Quantum Computers – a global leader in designing, building, and selling superconducting quantum computers – to make quantum computing a reality across businesses and organizations.

    While performance is key, the stability and fidelity of the qubits have become a crucial element in the near quantum revolution to run accurate operations. To tackle this challenge, IQM Spark™ is a superconducting quantum computer which offers high single-qubit and two-qubit gates fidelity, ensuring reliable and accurate quantum applications.

    Eviden has therefore installed IQM SparkTM, a quantum computer tailored for educational purposes and experimental research, for its customers to learn, experiment, and start developing real-life quantum proofs-of-concept. With this significant milestone in the journey toward quantum adoption, Eviden reaffirms its dedication and commitment to making quantum computing technology more accessible to everyone.

    With complete physical access to this machine installed in Eviden’s flagship factory (Angers, France), the Group’s users and clients will benefit from flexible and immediate experimentation. Remote-as-a-service access through an Eviden private cloud will also be deployed to make this technology broadly accessible.

    Access to a IQM SparkTM will allow research labs, universities, and industry players to better learn and understand quantum computing technology and discover programming approaches, noise models, usage constraints, and more.

    Eviden will also leverage the machine to provide access to the Eviden R&D and internal consulting community, to enhance quantum applications and integration with HPC clusters, and to improve Eviden’s compilers and create new noise-aware compilers.

    Access to the machine will be part of Eviden’s Qaptiva offering, a complete quantum computing application development environment, enriched by consulting services and an ecosystem of software and hardware partners.

    Dr. Cédric Bourrasset, Global Head of HPC-AI and Quantum Computing, Eviden, Atos Group highlighted “Hosting our very first quantum computer is a major step in our quantum computing journey. With this milestone, Eviden now combines quantum emulation and quantum computing processing to offer a tangible solution to enter the world of quantum physics. This comes with great benefits for programming without the high costs and complexities usually inherent to such technologies, therefore making quantum computing more affordable and accessible.”

    Dr. Mikko Välimäki, Co-CEO at IQM Quantum Computers, said: “The installation of IQM Spark, the first fully functional quantum computer at Eviden, adds to the growing network of our systems deployed globally and demonstrates our commitment to accelerate commercial quantum adoption for businesses. We are confident that our system will provide significant value to Eviden’s clients while we look forward to collaborating with other enterprises in their quantum journey.”

    “Through our partnership with Eviden, we are not only providing cutting-edge quantum computing technology but also enabling educational and experimental opportunities for future quantum innovators in France as they develop applications and proofs-of-concept, accelerating the journey toward widespread quantum adoption,” added the Vice President Global Business and Marketing at IQM Quantum Computers, Sylwia Barthel de Weydenthal.

    ***

    About Eviden1

    Eviden is a next-gen technology leader in data-driven, trusted and sustainable digital transformation with a strong portfolio of patented technologies. With worldwide leading positions in advanced computing, security, AI, cloud and digital platforms, it provides deep expertise for all industries in more than 47 countries. Bringing together 47,000 world-class talents, Eviden expands the possibilities of data and technology across the digital continuum, now and for generations to come. Eviden is an Atos Group company with an annual revenue of c. € 5 billion.

    About Atos

    Atos is a global leader in digital transformation with c. 92,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea), and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    About IQM Quantum Computers:    

    IQM is a global leader in designing, building, and selling superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers anywhere in the world.  

    IQM customers include the leading supercomputing centres, enterprises, and research labs which have full access to IQM’s software and hardware.  IQM has over 280 employees with offices in Espoo, Munich, Paris, Warsaw, Madrid Singapore, and Palo Alto  

    Press contacts

    Atos Group: Constance Arnoux – constance.arnoux@eviden.com – +33 (0)6 44 12 16 35

    IQM: press@meetiqm.com – +358504790845    

    1 Eviden business is operated through the following brands: AppCentrica, ATHEA, Cloudamize, Cloudreach, Cryptovision, DataSentics, Edifixio, Energy4U, Engage ESM, Evidian, Forensik, IDEAL GRP, In Fidem, Ipsotek, Maven Wave, Profit4SF, SEC Consult, Visual BI, Worldgrid, X-Perion. Eviden is a registered trademark.
    Eviden is a registered trademark. © Eviden SAS, 2024.

    Attachments

    • PR – Eviden drives quantum adoption with installation of IQM Spark quantum computer
    • IQM_Angers_01

    The MIL Network –

    January 23, 2025

  • MIL-OSI Video: Presentation of the programme of activities of the Hungarian Presidency

    Source: European Commission (video statements)

    Opening statements by Ursula VON DER LEYEN, President of the European Commission

    Watch on the Audiovisual Portal of the European Commission:

    Subscribe to our channel: https://bit.ly/2X56Ju6

    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

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

    https://www.youtube.com/watch?v=zarC6qM143Q

    MIL OSI Video –

    January 23, 2025

  • MIL-OSI: Nokia launches new industrial applications to improve worker safety and enhance operational efficiency

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia launches new industrial applications to improve worker safety and enhance operational efficiency

    • Expands the number of Nokia-owned and best-in-class industry applications integrated on the MX Industrial Edge (MXIE) to drive efficiency, productivity and OT security.
    • New applications help to improve worker safety and enable responsive video for machine remote control, leading to higher operational efficiency and strengthening OT environment security.

    9 October 2024
    Espoo, Finland – Nokia today announced six new applications deployed on the Nokia MX Industrial Edge (MXIE) to help enterprises improve worker safety, site security, enhance operational efficiency and secure OT environments in manufacturing, mining, ports, and chemical industries.

    According to Analysys Mason, enterprises worldwide using private LTE and 5G are projected to spend $6 billion by 2030 on industrial applications enabling new use cases and enhancing existing ones. In line with industry developments, Nokia MXIE on-premises edge solution, part of Nokia’s private wireless offering, supports ecosystem neutrality enabling the deployment of applications to help support growing diverse Industry 4.0 use case needs.

    Offered as-a-service, these new applications are Ascom Ofelia, Fogsphere, innovaphone PBX & myApps, Nokia Real-time eXtended Reality Multimedia (RXRM), OneLayer, and Redinent and join our existing portfolio of Nokia, and third-party digitalization applications.

    Improving situational awareness to enhance worker safety and site security
    Worker safety remains a high priority in industrial settings. The new applications enable digitalization to increase situational awareness, better deal with incidents, and increase the use of real-time data and knowledge which are key to improving worker safety and site security. The new applications include the following:

    • Ascom Ofelia – Ascom Ofelia helps enterprises shift from separate alarm systems to one unified alarm solution, improving incident management, increasing situational awareness, and ensuring a safer workplace.
    • Fogsphere® – A comprehensive, multi-modal AI platform to enhance workplace safety, security, and operational intelligence, with real-time solutions for PPE compliance, behavioral analysis, emergency management, access control, intrusion detection and vehicle monitoring.

    Connecting workers to achieve higher efficiency
    Connected worker applications are essential to overcome workforce challenges such as worker shortages, retention issues, and difficulty attracting new talent, which are key to achieving the efficiency and productivity needed to outperform the competition. Applications can give workers real-time information to make their jobs easier and machine tele-operation more efficient. New items include the following:

    • innovaphone PBX & myApps – Secure, scalable IP telephone system with
      built-in features like conferencing, voicemail and waiting queues for advanced business communication and smart business applications. Its on-premise MXIE solution ensures full data control and meets ISO27001 standards.
    • Real-time eXtended Reality Multimedia (RXRM) – Software solution with low latency 360° video and 3D OZO audio capture that helps to improve productivity, employee safety, teleoperations, situational awareness & remote technical support.

    Securing OT assets to strengthen the overall security
    Asset visibility, zero trust principles and effective vulnerability management in OT environments will be enabled by the new applications including:

    • OneLayer – Discovers, manages, secures, and classifies all IIoT assets on private networks, including those behind cellular routers. Acting as a zero-trust access broker, it enforces zero-trust security principles within OT environments while delivering zero-touch asset management and operational intelligence.
    • Redinent – Discovers IIoT assets and helps create inventory, identifies IIoT vulnerabilities and ongoing threats. It informs the security operation center (SOC) about the findings.

    Stephan Litjens, VP, CNS Enterprise Campus Edge Solutions at Nokia, said: “Keeping workers safe and connected is paramount for enterprises. With the expanded Nokia Industrial Application Catalog we are providing a rich choice to help industries improve important Industry 4.0 use cases such as increasing situational awareness for streamlined decision making in both day-to-day and emergency situations, more efficient operations with machine remote control and many more.”

    Resources and additional information
    Video: MX Industrial Edge (MXIE)
    Webpage: Worker safety | Nokia DAC
    Webpage: Connected workers | Nokia DAC
    Webpage: Nokia industrial application portfolio

    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.  

    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 –

    January 23, 2025

  • MIL-OSI: Nokia strengthens situational awareness and worker safety in industrial environments with expanded device portfolio 

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia strengthens situational awareness and worker safety in industrial environments with expanded device portfolio 

    • New field routers increase the data transfer capacity using Nokia MX Boost.
    • EX-protected tablet and a new EX-protected 5G PTT handheld by i.safe MOBILE keep connected workers safe in hazardous industries, such as oil and gas.  

    9 October 2024
    Espoo, Finland – Nokia today announced new industrial devices to help enterprises increase worker safety, productivity and situational awareness in industrial environments. The new devices include new field routers and new EX-protected device types/formfactors.

    Part of the Nokia comprehensive industrial device portfolio, these new ruggedized devices enable enterprises to develop additional Industry 4.0 use cases and improve worker safety while operating in potentially dangerous or high-security industrial environments such as mines, ports, chemical and oil and gas facilities.

    This portfolio extension is part of Nokia’s drive to help industries simplify and accelerate digital transformation by offering a unified platform that includes edge computing, applications and business-critical connectivity. These additions to the Nokia device portfolio complement the existing EX and high IP protection devices which feature handhelds, dongles and field routers that help connect people, machines, and sensors.

    New-generation field routers increase data transfer capacity
    With advanced technical capabilities, these new indoor and outdoor routers boost device capacity and bandwidth for data-intensive applications, connecting machines, vehicles, and sensors. The standout feature, the in-built Nokia MX Boost, maximizes performance and reliability by concurrently leveraging 4.9G/LTE, 5G, and Wi-Fi 6, meeting the demands of high-capacity Industry 4.0 use cases.

    EX-protected devices help keep workers connected
    Workers need rigorously certified equipment in hazardous environments where combustible dust, flammable liquids, gases and electricity can increase the risk of explosions. As part of the Nokia one platform for industrial digitalization, Nokia now offers additional EX-protected devices, including a 5G tablet and PTT handheld from world-renowned i.safe MOBILE.

    The 5G Android tablet, designed for data communication in hazardous environments integrates with LTE/4.9G,5G networks and Wi-Fi 6, features a replaceable battery and programmable buttons for custom applications. The 5G PTT handheld device ensures mission-critical push-to-talk over cellular communication via public or campus networks (4.9G/LTE, 5G or Wi-Fi).

    Nokia and the enterprise
    Nokia Industrial device management and Nokia Network Digital Twin support all the new devices announced, enabling enterprises to administer devices easily and efficiently while providing real-time network insights to predict maintenance needs and reduce downtime.

    Nokia has deployed mission-critical networks to more than 2,600 leading enterprise customers in an array of industrial sectors and has extended its expertise to more than 760 private wireless customers worldwide. These customers will benefit from having easy access to equipment and applications needed in their infrastructure for existing and new Industry 4.0 use cases.

    Stephan Litjens, VP, CNS Enterprise Campus Edge Solutions at Nokia, said: “Our new ruggedized industrial devices contribute to improving worker safety and increase situational awareness. By leveraging our latest applications, enterprises can implement Industry 4.0 use cases more effectively. Nokia MX Boost, Network Digital Twin, Industrial device management, and other applications like Visual Position and Object Detection, as well as Team Comms, add value to our customers beyond connectivity and edge compute capabilities in Nokia one platform for industrial digitalization.”

    From 14 to 18 October, Nokia will be in Dubai at GITEX GLOBAL in booth H21-C20. Visit Nokia to learn more about these innovations and how Nokia one platform for industrial digitalization can enhance operations and accelerate transformation.

    Resources and additional information
    Webpage: Nokia Industrial devices | Nokia DAC
    Webpage: Media library

    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.

    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 –

    January 23, 2025

  • MIL-OSI: Quadient Receives ‘AA’ MSCI ESG Rating, Recognizing Longstanding Commitment to Sustainability and Corporate Social Responsibility

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announced it has been awarded an ‘AA’ rating in the MSCI ESG Ratings of September 2024. For the ninth consecutive year, MSCI has placed Quadient in the Leaders category, recognizing its strong performance among global peers and its dedication to sustainability, a reflection of the company’s consistent efforts in managing environmental, social and governance (ESG) risks and opportunities.

    MSCI ESG Ratings measure companies’ management of certain ESG risks and opportunities. MSCI uses a rules-based methodology to evaluate over 8,500 companies according to their exposure to ESG risks and how well they manage it relative to peers. Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC). Quadient’s ninth ‘AA’ rating underscores its sustained success in key areas such as corporate governance and talent development, confirming its commitment to ethical business practices and sustainable growth.

    “We are proud to receive the ‘AA’ MSCI ESG rating for the ninth consecutive year, a clear testament to the continuous dedication of our company in driving forward a sustainable strategy. At Quadient, ESG is deeply embedded in our corporate identity and plays a pivotal role in our vision for sustainable business growth,” said Brandon Batt, chief people and transformation officer at Quadient. “This recognition acknowledges our continued efforts in creating a positive workplace and impact through strong governance, ethical business practices and by fostering a supportive and inclusive culture. It also encourages us to keep pushing the boundaries to further enhance our positive impact on society and the environment.”

    In the report, the company was praised for its robust governance practices, including a strong board and ownership structure, aligned with shareholder interests, together with business ethics and integrity. Corporate social responsibility is embedded in Quadient’s business strategy, as demonstrated by its success in securing this rating for nearly a decade. The company’s ESG vision for 2030 is to guide its long-term sustainable growth with ambitious targets. This includes positioning Quadient to achieve net-zero emissions by 2050, becoming a leading employer of choice and enhancing its customers’ experiences through sustainable and innovative solutions.

    Quadient’s continued leadership in sustainability is reflected across several ESG recognitions. Recently, Quadient earned EcoVadis’ gold medal, placing in the top 1% of companies of its industry. Learn more about Quadient’s sustainability journey and future goals at: https://invest.quadient.com/en/corporate-social-responsibility.

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

    Contacts

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

    Attachments

    • PR_MSCI_AA_Rating_2024_EN vdef
    • MSCI_ESG_AA

    The MIL Network –

    January 23, 2025

  • MIL-OSI Banking: Regulatory barriers threaten transition towards circular economy, ICC report warns

    Source: International Chamber of Commerce

    Headline: Regulatory barriers threaten transition towards circular economy, ICC report warns

    Published in partnership with EY, the report – “Putting the circular economy into motion: From barriers to opportunities” – highlights the significant obstacles companies encounter when transitioning to circular business models that could otherwise deliver significant environmental, reputational and financial gains.

    The circular economy is intended to maximise resource efficiency and minimise environmental impact by promoting continuous use, reuse and recycling of materials and products. But the study concludes that existing regulatory systems are not fit for purpose in enabling such approaches at scale – largely as a result of significant inconsistencies in national environmental laws and regulations that remain based on linear models of production and consumption.  

    Regulatory barriers highlighted by the report include:

    • Complex and fragmented import and export processes for secondary materials which create significant compliance and operational costs.
    • Lack of a common international standard for “remanufactured” products.
    • Customs systems that do not accommodate reverse logistics.
    • No recognition of circular approaches under the 1989 Basel Convention on hazardous waste.  

    ICC Secretary General John W.H. Denton AO said: “It’s certainly true that the shift to circular business models has been slower than many governments anticipated a decade ago. But that’s not surprising when you see that legacy regulations tilt the playing field against circularity – in effect, entrenching the dominance of the old model of extract, produce, consume and discard.

    “We hope that our report can serve as a roadmap for clear and coordinated regulatory change – both at the domestic and international level – to put the circular economy firmly into motion. Reforming the Basel Convention to take into account the evolution of circular solutions and advances in technology is, in our view, an essential starting point for this effort.”

    Based on an extensive series of interviews with businesses across a range of industries, the study also highlights a range of challenges companies face when looking to deploy circular approaches – from infrastructure gaps through to high upfront investment needs. It also pinpoints the need for a concerted effort to shift consumer perceptions and behaviour – including prevailing misconceptions about the quality of remanufactured, refurbished or recycled goods and materials.

    Mark Weick, Managing Director, Climate Change and Sustainability Services at EY said: “Circular economy is a systematic approach that requires collaboration from all stakeholders across the value chain within an enabling regulatory framework. Concerted cooperation will be pivotal to drive meaningful impact to reduce climate change effects.”

    The report concludes with a number of broad recommendations to incentivize the uptake of circular business models – starting with the facilitation of cross-border trade in secondary materials.

    Pär Larshans, Director of Sustainability, Ragn-Sells Group, and Co-Chair of ICC’s Working Group on Circular Economy added: “The transition to a circular economy is much needed if we want to reach the ambitions set in the Paris Agreement, and to ensure that humanity reduces the risk of overshooting any of the planetary boundaries. With this report, ICC focuses on the need for circular transitions to move away from a minimised waste focus to a resource efficiency focus where a decontamination step is included to enable free trade of recycled materials.”

    Learn more on the circular economy and download the full report.

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Europe: Seagoing vessels flying the Swiss flag: Federal Council relaxes regulations

    Source: Switzerland – Federal Council in English

    The Federal Council

    Bern, 09.10.2024 – The hurdles for registering a ship under the Swiss flag are high. To enable more ships to sail under the Swiss flag, the Federal Council relaxed the registration requirements at its meeting on 27 September 2024. The corresponding ordinances have been amended, as part of the planned revision of maritime shipping legislation.

    Due to the restrictive nature of the existing registration requirements, the possibility of registering ships under the Swiss flag is currently limited. The Swiss merchant fleet has shrunk by around 75% in the last few years alone.

    Equal treatment compared to other companies

    In order to facilitate the flagging of ships and yachts, the requirements for registration will be relaxed and adapted to the provisions of the Swiss Code of Obligations usually applicable to companies. Specifically, this concerns the existing requirements relating to the nationality of the owners, the beneficial owners and the administration and management. In addition, the provisions of the ordinance will be amended to the effect that shipping companies, like other companies, can be majority debt-financed without corresponding conditions.

    Adaptation to international practice for yachts

    Switzerland is taking account of the changes in international flagging practice and the trend towards larger ships and yachts.

    Legal entities can now also register non-commercial vessels under their own name in the Swiss Yacht Register. Previously, this was reserved exclusively for individuals and associations.

    The Yachts Ordinance will also be amended so that a certificate of flag registration will in future be valid for five years instead of the current three. Such a certificate is required for a yacht to fly the Swiss flag.

    In addition to the amendments to the ordinances governing maritime navigation and yachts, the ordinance on maritime fees will be amended to simplify the levying of charges by means of a flat-rate system. The changes will enter into force on 1 January 2025 and come as part of the planned revision of maritime shipping legislation provided for in the Federal Council’s maritime strategy. The next step will be to amend the Federal Act on Navigation under the Swiss Flag, as well as other, less urgent, amendments of ordinances.

    Address for enquiries

    For further information:
    FDFA Communication
    Tel. Press service +41 460 55 55
    kommunikation@eda.admin.ch

    Publisher

    The Federal Council
    https://www.admin.ch/gov/en/start.html

    MIL OSI Europe News –

    January 23, 2025

  • MIL-OSI Banking: Secretary-General of ASEAN attends the Plenary Session of the 44th and 45th ASEAN Summit in Vientiane, Lao PDR

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, attended the Plenary Session of the 44th and 45th ASEAN Summit held at the National Convention Center in Vientiane, Lao PDR today. SG Dr. Kao reported on the progress of ASEAN Community-building in 2024 to the ASEAN Leaders and highlighted the key deliverables of Lao PDR’s ASEAN Chairmanship under the theme “Enhancing Connectivity and Resilience”.

    The post Secretary-General of ASEAN attends the Plenary Session of the 44th and 45th ASEAN Summit in Vientiane, Lao PDR appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Russia: Jobs and Investment: How the Capital Is Implementing a Program to Stimulate the Creation of Places of Employment

    MILES AXLE Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    More than 210 billion rubles in investments will be attracted to develop the capital’s industrial potential as part of the program to stimulate the creation of employment sites (EPS). This was announced by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “Implementation of industrial construction projects within the framework of the program for stimulating the creation of industrial construction facilities, which was approved by Sergei Sobyanin, contributes to the development of the scientific and technical potential of the city and gives businesses the opportunity to find modern sites equipped with all the necessary infrastructure for localizing production. In total, under this program, investors will build over 820 thousand square meters of industrial real estate in different areas of the city, investments in the creation of new places of employment will exceed 210 billion rubles,” said Maxim Liksutov.

    By 2029, in exchange for a benefit from the city, investors will build 16 new industrial infrastructure facilities in the capital. More than 12 thousand jobs will appear there. About half of these facilities will be commissioned next year.

    “In 2025, under the program to stimulate the creation of MPT, we will commission seven industrial facilities. For example, in Zelenograd, the construction of four construction industry plants will be completed. The enterprises will produce aerated concrete blocks, facade structures, building materials and mobile homes. In Pokhodny Proezd in the northwest of the capital, we will commission a plant for the production of architectural concrete. An enterprise for the production of facade systems and translucent structures will appear in TiNAO. And in the west of Moscow, a technological industrial park will open for the localization of food production. In total, the city will receive more than a thousand new jobs,” clarified the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy

    Anatoly Garbuzov.

    In 2026, it is planned to complete the construction of the second stage of the industrial technopark “Alabushevo” in the special economic zone “Technopolis Moscow”. This complex will include five buildings and an office building. In addition to the production area, each building will have space for laboratories and design offices. The technological industrial park “Senkino” in the Krasnopakhorsky district (TiNAO), as well as an industrial complex as part of the creative industries technopark “Gustav” in Maryina Roshcha (SVAO), an industrial production facility in the Molzhaninovsky district (SAO) and a large-modular housing construction plant in the Vnukovo district (TiNAO) will also be completed. The implementation of these projects will create about 8.5 thousand new jobs.

    In 2027, it is planned to complete the construction of an industrial and production complex in Zelenograd Administrative Okrug, which will be able to accommodate several enterprises of various industries and a plant for the production of building materials. A factory for the production of frame elements and finishing will appear in TiNAO. More than 700 people will be able to find employment at the new enterprises.

    Another industrial complex will be commissioned in 2028. It will localize food and light industry enterprises, where two thousand new jobs will be created.

    The first five industrial facilities under the program to stimulate the creation of industrial enterprises have already been built. The new production facilities can employ about 5.4 thousand Muscovites.

    Since 2020, the program to stimulate the creation of MPT covers almost all districts of the capital. The Moscow government has concluded 130 agreements with investors, which provide for the construction of commercial facilities with an area of more than six million square meters. These are industrial enterprises, logistics complexes, office and retail facilities, educational, cultural and sports institutions. This will create more than 290 thousand new jobs in almost all sectors of the city’s economy. The total investment in the development of the capital will exceed two trillion rubles.

    Developers can submit an application to participate in the program through the online service at Moscow investment portal.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.mos.ru/nevs/item/145017073/

    MIL OSI Russia News –

    January 23, 2025

  • MIL-OSI Banking: Data residency for machine learning processing to be made available in the UK

    Source: Google

    There’s been a remarkable global surge in interest for Google Cloud’s generative AI, particularly here in the UK. However, we recognize that certain industries, clients, and specific use cases necessitate stricter data residency within their own regions to fully harness the potential of these tools.

    In response to this demand, we’re thrilled to announce at the Google Cloud Next London Summit, that starting next month we will expand our data residency commitment: Customers will be able to conduct machine learning processing for Gemini 1.5 Flash within the UK.

    New data residency offerings

    Last year, we announced that organizations in the UK using Google Cloud’s generative AI capabilities can choose to store their data at-rest in the UK. This includes Generative AI on Vertex AI – Codey and Imagen models, as well as Text Embeddings and Multimodal Embeddings APIs.

    We’re pleased to announce that UK organizations spanning all sectors, including the public sector, will have the option to both store their data at-rest and conduct machine learning processing for our cutting-edge large language model, Gemini 1.5 Flash, entirely within the UK.

    Our pledges on data residency:

    • Your data stays put: We guarantee your data will only reside in the exact locations you designate, as clearly outlined in our Cloud Locations Page and Service Specific Terms.
    • Machine learning processing happens locally: All machine learning processing of your data, including Gemini inference and deployment of any other ML models leading up to output generation, will occur within the same specific region or multi-region where your data is stored.

    To delve deeper

    • Explore Google Cloud’s data residency offerings here.
    • Gain insights into our AI development process through our white paper on our Approach to AI Governance here.
    • Discover more about our AI platform here.

    MIL OSI Global Banks –

    January 23, 2025

  • MIL-OSI Economics: Joachim Nagel: Remarks at the “Bell ringing ceremony”

    Source: Bank for International Settlements

    Check against delivery 

    Ladies and gentlemen,

    It is a great pleasure to be here today to celebrate the European Commission joining the European repo market at Deutsche Börse/EUREX. This is a significant milestone, and I am happy to share this moment with all of you.

    The Bundesbank will act as a General Clearing Member for the Commission. Having provided similar services to several other public entities for many years, the Bundesbank brings experience to the table. With this robust track record, we are happy to provide our services to the Commission. I can assure you that you are in good hands.

    EUREX already supports a wide range of repo transactions and is a major player in Europe’s financial landscape. Since 2021, the Commission has been issuing bonds under the temporary NextGenerationEU programme, and this will continue until 2028. In total, bonds worth approximately €800 billion will ultimately be issued. The EU is therefore set to become an important player in the euro bond market for some time to come. The repo facility introduced today will significantly enhance liquidity in the secondary market for these bonds.

    Ladies and gentlemen, today’s event not only highlights the attractiveness of Frankfurt as a financial hub, it also helps strengthen it further. This is particularly important as much investment will be needed in the areas of digitalisation and decarbonisation in the future. Of course, bank loans will likely continue to play a vital role in financing these investments. But there is also substantial potential for more financing through capital markets.

    As many of you probably already know, I have long been an advocate of greater integration of European capital markets. I firmly believe that advancing the Capital Markets Union is essential, particularly in the areas of securitisation, insolvency laws, and venture capital.

    A transparent and high-quality securitisation market would enable banks to transfer parts of their loan portfolios to the capital market. This would relieve their balance sheets and create scope for additional loans. An effective and harmonised insolvency regime would facilitate cross-border investment and the reallocation of scarce resources to innovative firms striving to build a digital and carbon-neutral future. Finally, better access to venture capital would help young European firms turn innovative ideas into marketable products.

    For now, I look forward to implementing our newly established partnership and to the benefits it will bring to our financial system.

    MIL OSI Economics –

    January 23, 2025
←Previous Page
1 … 1,923 1,924 1,925 1,926 1,927 … 2,041
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress