NewzIntel.com

Category: Business

  • MIL-OSI Russia: A simplified customs clearance model has been launched at the Baktu automobile checkpoint on the Chinese-Kazakh border

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — An innovative customs clearance model that exempts cargo from transshipment after it enters the border crossing was officially launched at the Baktu Port of Tacheng County in northwest China’s Xinjiang Uygur Autonomous Region on Sunday, the Xinjiang Daily reported.

    This model allows the company to submit a customs declaration to the customs service at the point of departure of the goods or during transportation, which will perform a number of operations in advance, including verification of the declaration and risk analysis. Then the truck will be able to undergo customs clearance at an accelerated pace upon arrival at the control site at the border crossing, which will significantly reduce the storage and waiting time.

    By implementing this model at the Baktu checkpoint, customs clearance time can be reduced from 3-4 hours to less than 10 minutes.

    The new model will also reduce the company’s operating costs, said Yao Fei, an official at a Xinjiang-based trading firm.

    According to the results of the first five months of this year, 292 thousand tons of cargo were imported and exported through the Baktu checkpoint, which is 3.7 percent more than a year earlier, according to data from the Urumqi Customs Office.

    This customs clearance model was first put into operation in Xinjiang at Alashankou Port in November 2023. Based on the successful experience, Urumqi Customs is working to expand this model to other border crossings in Xinjiang. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China strongly opposes EU inclusion of Chinese companies in sanctions list against Russia

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — A Chinese Ministry of Commerce spokesperson on Monday expressed strong dissatisfaction and resolute protest over the European Union’s (EU) decision to include some Chinese companies and financial institutions in the 18th round of sanctions against Russia.

    In response to a media question, a spokesman for the agency said the EU, ignoring repeated statements and objections from China, unilaterally included Chinese companies in its sanctions list and imposed fines on two Chinese financial institutions based on unfounded accusations.

    China has consistently opposed unilateral sanctions that have no basis in international law and are not sanctioned by the UN Security Council, the representative of the Ministry of Commerce of the People’s Republic of China emphasized.

    According to him, the EU’s actions contradict the consensus reached between the leaders of China and the EU and will have a serious negative impact on trade and economic ties and financial cooperation between the two sides.

    China calls on the EU to immediately stop the wrong practice of including Chinese enterprises and financial institutions on the sanctions list, the ministry spokesman said, adding that the Chinese side will take necessary measures to resolutely protect the legitimate rights and interests of domestic companies and financial institutions. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI China: Announcement on Open Market Operations No.138 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.138 [2025]

    (Open Market Operations Office, July 21, 2025)

    The People’s Bank of China conducted reverse repo operations in the amount of RMB170.7 billion through quantity bidding at a fixed interest rate on July 21, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Rate

    Bidding Volume

    Winning Bid Volume

    7 days

    1.40%

    RMB170.7 billion

    RMB170.7 billion

    Date of last update Nov. 29 2018

    2025年07月21日

    MIL OSI China News –

  • MIL-OSI: Share repurchase programme: Transactions of week 29 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares    		 Average purchase
    price (DKK)    		 Transaction
    value (DKK)
    Accumulated, previous announcement 1,264.838 559.76 708,000,781
    14 July 2025 15,733 655.44 10,312,108
    15 July 2025 7,430 653.92 4,858,654
    16 July 2025 12,126 654.09 7,931,482
    17 July 2025 8,180 649.66 5,314,247
    18 July 2025 19,596 648.18 12,701,720
    Accumulated under the programme 1,327.903 564.14 749,118,991

    Following settlement of the transactions stated above, Jyske Bank will own a total of 1,327,903 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 2,16% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    The MIL Network –

  • MIL-OSI: Share repurchase programme: Transactions of week 29 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares    		 Average purchase
    price (DKK)    		 Transaction
    value (DKK)
    Accumulated, previous announcement 1,264.838 559.76 708,000,781
    14 July 2025 15,733 655.44 10,312,108
    15 July 2025 7,430 653.92 4,858,654
    16 July 2025 12,126 654.09 7,931,482
    17 July 2025 8,180 649.66 5,314,247
    18 July 2025 19,596 648.18 12,701,720
    Accumulated under the programme 1,327.903 564.14 749,118,991

    Following settlement of the transactions stated above, Jyske Bank will own a total of 1,327,903 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 2,16% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    The MIL Network –

  • PM Modi shares article commending progress in Meghalaya

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Sunday shared an article highlighting progress made by the state of Meghalaya.

    In response to an article shared by Finance Minister Nirmala Sitharaman, PM Modi said on X, “Union Finance Minister Nirmala Sitharaman highlights Meghalaya’s remarkable transformation driven by tourism, youth empowerment, women-led SHGs, initiatives like the PM Suryaghar Muft Bijli Yojana, the Vibrant Village Programme and more. With strong government support and vibrant community spirit, the state stands as a blueprint for a resilient and self-reliant India.”

    In her article, FM Sitharaman highlighted Meghalaya’s remarkable progress across infrastructure, youth empowerment, agriculture, and cultural preservation – from smooth highways connecting Guwahati to Shillong, to the scenic Umiam Lake being developed as a world-class tourism hub under the SASCI scheme.

    FM Sitharaman said that her visits to local Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs) revealed a dynamic entrepreneurial spirit, with Meghalaya’s farmers and women leaders turning into business owners. The export of pineapples to Dubai and the cultivation of shitake mushrooms with Japanese collaboration are just a few indicators of agricultural innovation.

    She added that the heritage conservation is also thriving in Meghalaya. In the village of Siej, community members are preserving the iconic living root bridges, with efforts underway for UNESCO World Heritage recognition. Her journey culminated in Sohbar and Cherrapunji (Sohra), where vibrant border villages and institutions like the Ramakrishna Ashram embody a blend of tradition, service, and self-reliance.

    The visit reaffirmed Meghalaya’s position as a beacon of inclusive development, where community spirit and government initiatives together are building a confident, sustainable, and Aatmanirbhar Bharat.

  • MIL-OSI: Vidsyn Discovery Proves Up Commercial Oil and Gas

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 21 July 2025 – DNO ASA, the Norwegian oil and gas operator, today confirmed a gas and condensate discovery on the Vidsyn prospect close to its producing Fenja oil and gas field, both within the Norwegian Sea license PL586. The Company has a 25 percent stake in the license, up from 7.5 percent prior to the recent acquisition of Sval Energi Group AS last month.

    Preliminary estimates put gross recoverable resources in the range of 25 to 40 million barrels of oil equivalent (MMboe) with a mean of 31 MMboe, above the pre-drill estimate range. The Vidsyn discovery was made in Middle Jurassic high-quality reservoir sandstones of the Ile formation. The partnership, including Vår Energi ASA (75 percent and operator), considers the discovery commercial and sees a potential to unlock a larger volume in the licence.

    “Vidsyn is another exciting addition to our string of Norway discoveries,” said Executive Chairman Bijan Mossavar-Rahmani. “Together with Vår Energi, we will work hard to put it into production faster than is the norm in Norway.”

    Vidsyn is located eight kilometers west of the Fenja field, which is tied back to the Equinor-operated Njord field facilities 35 kilometers to the northeast. Njord oil is exported by shuttle tankers while gas is piped to the market via the Åsgard Transport System.

    Since re-entering Norway in 2017, DNO has participated in over a dozen discoveries on the Norwegian Continental Shelf, including three on permits operated by the Company, namely Kjøttkake (2025), Othello (2024) and Norma (2023).

    DNO produces around 80,000 barrels of oil equivalent per day offshore North Sea from more than 30 fields, participates in six ongoing field development projects, is maturing multiple discoveries for project sanction and has interests in a total of 138 permits in the North Sea where it will drill three more exploration wells later this year: Page in PL1086 (50 percent interest and operator), Tyrihans Øst in PL1121 (30 percent) and Camilla Nord in the Vega unit (5.5 percent). Combined North Sea 2P reserves and 2C resources of 435 million barrel of oil equivalent translates into15 years of production at the current run rate.

    –

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI United Kingdom: Excitement as experienced operator announced to take on Hilsea Lido

    Source: City of Portsmouth

    Watch announcement video

    The team at Sea Lanes Brighton is a passionate group of local businesses and open-water swimming enthusiasts who will partner with South Downs Leisure to steward the regeneration of Hilsea Lido. Together, their shared vision is to create a financially and environmentally sustainable, inclusive, and accessible leisure destination for all to enjoy.

    Portsmouth’s cherished Hilsea Lido has been undergoing a £7.6m renovation, led by the council and funded by the UK Government. Extensive work is currently underway to fully renovate the pool, filtration equipment, and surrounding areas. The announcement of Sea Lanes as the preferred operator follows a market exercise that took place in late 2024.

    Sea Lanes on Brighton seafront

    The Sea Lanes team plan to bring their significant expertise to Hilsea Lido and will begin the regeneration with the introduction of a sauna, along with a pop-up food and beverage offer to complement the unheated pool. They will also operate the splash pool next to the lido, unifying both sides of the historic site for the first time in many years.

    Harry Smith, Director at Sea Lanes, said:

    “We are thrilled to be chosen as the preferred operators of Hilsea Lido, we see it as more than a more than a pool, it’s a unique place with history and heart. A hub for the local community. A centre for both mental and physical wellbeing. Our vision is to create a vibrant community hub, a welcome space where people of all ages can recharge, move and connect.

    “From invigorating swims and soul-soothing sauna sessions to family themed activities, delicious eats and energising events, there will be something for everyone. To help us create our vision we want to hear from the Portsmouth community as to how Hilsea Lido can meet their needs.”

    Duncan Anderson, CEO of South Downs Leisure, said:

    “We are excited to be part of the transformation of Hilsea Lido. Swimming is unique. It is something that everyone can do. We want everyone to safely enjoy the water throughout their lives. By working with the community and Sea Lanes we will champion the benefits of open water swimming for all in a safe, welcoming, and inclusive environment. Designed for accessibility and flexibility, serving swimmers of all ages and abilities, with no barriers to entry.”

    The council has been working closely with contractors Beard and consultancy company Mace on this complex project, which has involved 80 tonnes of steel reinforcement and 30 lorry-loads of concrete being brought in to strengthen the pool. Modular shower units and toilets have been installed, including a Changing Places toilet, with beach-themed changing huts to be added soon.

    An artist’s impression of the refurbished Hilsea Lido

    Cllr Steve Pitt, Leader of Portsmouth City Council, said:

    “We are all absolutely delighted to finally reveal our partnership with the team behind Sea Lanes Brighton. This is a major milestone for Hilsea Lido, and it will help to transform the north of the city.

    “As a council, we are committed to investing in sport across the city because of the clear physical and mental benefits that physical activity brings. We are looking forward to seeing the lido develop further under the care of a very experienced team.”

    An opening date will be announced once agreed with the Sea Lanes team. To find out more about the plans, sign up for news updates, and give your feedback, please visit hilsealido.co.uk.

    MIL OSI United Kingdom –

  • MIL-OSI: GoAuto Insurance Now Licensed in Georgia, Begins Issuing Auto Policies Statewide

    Source: GlobeNewswire (MIL-OSI)

    BATON ROUGE, La., July 21, 2025 (GLOBE NEWSWIRE) — GoAuto Insurance, a direct-to-consumer, low-cost auto insurer based in Baton Rouge, today proudly announces it has received approval from the Georgia Office of Insurance and Safety Fire Commissioner and began issuing auto insurance policies in Georgia effective July 14, 2025. The milestone marks GoAuto Insurance’s fifth expansion state, following successful launches in Louisiana, Nevada, Ohio, Texas, and Alabama.

    “Becoming licensed in Georgia and going live with policy issuance is a significant milestone for GoAuto Insurance,” said Brad Scharf, COO of GoAuto Insurance. “We’re committed to making dependable, cost-effective insurance accessible. Georgia drivers now have a fresh new option to meet their insurance needs with convenience and peace of mind.”

    GoAuto Low Cost Car Insurance targets budget-conscious drivers and delivers a streamlined experience: online and mobile quotes, direct policy purchases without agent commissions, and manageable premiums. The company’s entry aligns with its track record of leveraging digital platforms and analytics-driven underwriting to maintain lower loss ratios and strong margins.

    About GoAuto Insurance
    Founded in 2009 and headquartered in Baton Rouge, Louisiana, GoAuto Insurance offers affordable auto insurance through direct, low-cost channels. By leveraging proprietary analytics and a digital-first model, GoAuto Insurance has grown to serve drivers in five states, offering transparent coverage and straightforward service.

    Media Relations Contact:

    GoAuto Insurance
    7119 Florida Blvd Unit G
    Baton Rouge, LA 70806

    Brad Schraf, COO
    bscharf@goautoinsurance.com

    833-700-0000

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9aeeab0b-2f8f-4590-acd0-33d5471c5a80

    The MIL Network –

  • MIL-OSI Banking: Galaxy Z Fold7, Z Flip7 Pre-orders Match S25 Series, Setting New Benchmark for Flagships in India

    Source: Samsung

    JB Park, President and CEO, Samsung Southwest Asia
     
    Samsung, India’s largest consumer electronics brand, today announced that it’s recently-launched – Galaxy Z Fold7, Galaxy ZFlip7 and Galaxy Z Flip7 FE smartphones – have received record pre-orders, signaling huge consumer demand and excitement for the brand’s seventh generation of foldable smartphones. Galaxy Z Fold7, Galaxy ZFlip7 and Galaxy Z Flip7 FE secured 210,000 pre-orders in the first 48 hours, breaking previous records, and nearly equaling the pre-orders received for Galaxy S25 series earlier this year.
     
    “The record pre-orders for our ‘made in India’ foldable smartphones reinforce our belief that young Indian consumers are quick to adopt latest technology. Galaxy Z Fold7 delivers our most advanced smartphone experience yet – powerful, immersive, intelligent, and portable all in one. Galaxy Z Flip7 adapts, anticipates and empowers users, unlocking a smarter, more intuitive way to engage with the world. Powered by the new One UI 8 and Android 16 right out of the box, the new devices deliver true multimodal AI experiences. The success of the new devices are a stepping stone for our larger goal – the mainstreaming of foldable smartphones in India,” said JB Park, President and CEO, Samsung Southwest Asia.
     
    Galaxy Z Fold7 seamlessly blends precision engineering and powerful intelligence to elevate everyday interactions – all in its thinnest and lightest design to date. At just 215 grams, Galaxy Z Fold7 is even lighter than Galaxy S25 Ultra. It is just 8.9 mm thick when folded and 4.2 mm thick when unfolded. It delivers the premium performance and experience of an ultra smartphone, while unlocking new levels of efficiency and productivity with a larger, more immersive display when unfolded.
     
    Galaxy Z Flip7, a compact AI phone with multimodal capabilities, is powered by a new FlexWindow. Small enough to slip into a pocket, yet powerful enough to deliver the handiest assistance, it melds Galaxy AI with a new edge-to-edge FlexWindow, a flagship level camera and an ultra-compact and iconic design. From intuitive voice AI to the best selfie capabilities, Galaxy Z Flip7 is an intelligent pocket-sized companion built for seamless interaction and everyday reliability. Weighing just 188 grams and measuring only 13.7mm when folded, Galaxy Z Flip7 is the slimmest Galaxy Z Flip yet.
     
    While Galaxy Z Fold7 is available in stunning colours such as Blue Shadow, Silver Shadow and Jet Black; the Galaxy Z Flip7 comes in Blue Shadow, Jet Black and Coral Red. Galaxy Z Flip 7FE comes in Black and White colours. Apart from this, consumers buying the Galaxy Z Fold7 and Galaxy Z Flip7 through Samsung.com will have an additional colour to choose from – Mint.
     
    Both devices bring multimodal AI capabilities, delivering experiences that maximize the benefits of the expansive foldable display of the Galaxy Z Fold7 to boost productivity.  Designed as a true multimodal agent, One UI 8 seamlessly combines large-screen multitasking with intelligent tools that understand what users’ type, say and even see. Thanks to Google’s Gemini Live, users can share their screen in real time while speaking with the AI assistant — enabling contextual requests based on what’s visible. In addition, One UI 8 brings enhanced privacy to personalized AI experiences with the new Knox Enhanced Encrypted Protection (KEEP). KEEP creates encrypted, app-specific storage environments within the device’s secures storage area, ensuring each app can access only its own sensitive information and nothing more.
     
    The main display on Galaxy Z Fold7 is 11% larger than the previous generation. The 8-inch Dynamic AMOLED 2X main display offers ultra-rich contrast, true blacks and vibrant detail that makes everything pop. It also gets Vision Booster and up to 2,600 nits of peak brightness.
     
    The Armor FlexHinge on Galaxy Z Fold7 is thinner and lighter, thanks to an enhanced water droplet design and newly implemented multi-rail structure that reduces visible creasing. The cover display is made with Corning® Gorilla® Glass Ceramic 2, a new glass ceramic that has crystals intricately embedded within its glass matrix. Advanced Armor Aluminum in the frame and hinge housing increases strength and hardness by 10%. The main display is restructured to be thinner and lighter — yet stronger. This was achieved by implementing the Titanium plate layer. Additionally, Ultra-Thin Glass (UTG) was increased to be 50% thicker, making the display tougher.
     
    Powered by the Snapdragon 8 Elite for Galaxy, Galaxy Fold7 delivers stupendous performance boosts of 41% in NPU, 38% in CPU, and 26% in GPU compared to the previous generation. This power fuels Galaxy Z Fold7’s ability to process more AI experiences on-device without compromise. In addition, with the first 200MP wide-angle camera in the Galaxy Z series, it captures 4x more detail, producing images that are 44% brighter. In addition, Samsung’s next-generation ProVisual Engine processes images faster.
     
    Galaxy Z Flip7 comes with a stunning FlexWindow display, which brings essentials front and center and makes it easy to type out quick messages. The 4.1-inch Super AMOLED FlexWindow is the largest ever on a Galaxy Z Flip7, with edge-to-edge usability that enables users to see and do more on the cover screen. With 2,600 nits of peak brightness, the FlexWindow gets an upgrade with Vision Booster, enhancing outdoor visibility so users can stay connected wherever they are. The main display is a 6.9-inch Dynamic AMOLED 2X, built for an ultra-smooth, immersive experience.
     
    The cover and back of Galaxy Z Flip7 are protected by Corning® Gorilla® Glass Victus® 2. The Armor FlexHinge is thinner than the hinge on the previous generation and features a restructured design and high-strength materials for smoother folds and long-lasting durability. A robust Armor Aluminum Frame provides a tough exterior for resilience. The 4,300mAh battery is the largest ever on a Galaxy Z Flipdelivering up to 31 hours of video play time on a single charge.
     
    Galaxy Z Flip7 FE features a 6.7-inch Main Display for an immersive viewing experience. The 50MP FlexCam enables high-quality selfies and video in Flex Mode, letting users capture content hands-free, without even opening the device.
     

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Powerful water ombudsman to support customers with complaints

    Source: United Kingdom – Government Statements

    Press release

    Powerful water ombudsman to support customers with complaints

    Environment Secretary Steve Reed to establish consumer champion with legal powers as part of ‘root and branch’ reform

    Water customers will have more support than ever before when faced with leaking pipes, incorrect bills or water supply issues, Environment Secretary Steve Reed has announced today (Monday 21 July)

    It comes as the government is set to reestablish partnership between water companies, investors and communities to keep our waters clean.

    The government will create a water ombudsman with legal powers to protect customers in disputes with their water company. Customers will be able to use a single, free point of contact.  

    It will build on the Consumer Council for Water’s role, which is currently voluntary for water companies to follow. The changes will bring dispute resolution processes for water in line with other utilities – like energy – and are part of the government’s actions to put customers at the heart of water regulation.

    Steve Reed is expected to announce ‘root and branch’ reforms on Monday to
    clean up rivers, lakes and seas and make the water sector one of growth and opportunity that serves hard-working families and businesses, as part of our Plan for Change.

    He is expected to make assurances that government action will protect hardworking families from massive water bill hikes in future.

    In a speech following the report’s publication, Environment Secretary Steve Reed is expected to say:

    The water industry is broken. Our rivers, lakes and seas are polluted with record levels of sewage. Water pipes have been left to crumble into disrepair. Soaring water bills are straining family finances.

    Today’s final report from Sir Jon Cunliffe’s Independent Water Commission offers solutions to fix our broken regulatory system so the failures of the past can never happen again. 

    The government will introduce root and branch reform in the biggest overhaul of water regulation in a generation.

    We are establishing a new partnership where water companies, investors, communities and the government will work together to clean up our rivers, lakes and seas for good.

    The Secretary of State has pledged that the government will cut sewage pollution in half within five years, making our rivers the cleanest since records began.

    The government has already taken decisive action to clean up England’s waterways. 

    • Record investment: with £104 billion to upgrade crumbling pipes and build sewage treatment works across the country. 
    • Ringfence customers’ bills for upgrades: customer bills earmarked for investment must now be spent on new sewage pipes and treatment works – not spent on shareholder payments or bonuses. 
    • Reinvesting company fines into local projects: with over £100million being invested into local clean-up projects in communities. 
    • Largest budget for water regulation: the Environment Agency received a record £189 million to fund hundreds of enforcement officers to inspect and prosecute polluting water companies.
    • Polluter Pays: companies will now cover the cost of prosecutions and successful investigations into pollution incidents, enabling the regulator to hire more staff and pursue further enforcement activity. 
    • Banning wet wipes containing plastic in England: introducing legislation to reduce microplastics in our waters.
    • The Water (Special Measures) Act: banned unfair bonuses for ten polluting water bosses this year and threatened prison sentences for law-breaking executives.

    We will work with the Welsh government to ensure reforms protect water customers across both England and Wales.

    Notes to editors: 

     Last October, the Environment Secretary asked the former Deputy Governor of the Bank of England, Sir Jon Cunliffe, to undertake the biggest review of the water sector since privatisation. The final report will be published on Monday 21 July. 

    An ombudsman to champion customers    

    • The current system for dealing with complaints lacks any teeth and too often leaves customers with nowhere to go. With no binding consumer watchdog, customers risk being left stranded.  

    • Water customers shouldn’t have to figure out who to contact and how to contact them if something has gone wrong – they should know exactly where to turn and be confident their problem will be listened to and resolved. 

    • The new measures will establish a new level playing field between customers and companies. This builds on our reforms to double automatic payments when water companies fail to deliver adequate standards of service and place customers at the heart of water company purpose.    

    • Following the Independent Water Commission’s final report, we will look at the CCW’s role as part of a reformed regulator. We’re clear there will be no additional ALB’s as part of our productive and agile state agenda.

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI: IDEX Biometrics ASA – Contemplated Fully Underwritten Private Placement – 21 July 2025

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

    Oslo, Norway, 21 July 2025

    IDEX Biometrics ASA (“IDEX” or the “Company”) has engaged Arctic Securities AS (the “Manager”) to advise on and effect a contemplated private placement in the Company of 9,090,909 new shares in the Company (the “Offer Shares”) raising gross proceeds of NOK 30 million (the “Private Placement”). The subscription price per Offer Share (the “Offer Price”) is NOK 3.30 per Offer Share.

    Altea AS, Pinchcliffe AS (closely associated company of the CEO and CFO, Anders Storbråten), Anders Storbråten, Charles Street International Ltd. (Robert Keith) and K-Konsult AS (closely associated company of the chairperson of the board of directors, Morten Opstad) (the “Underwriters”) have, subject to customary conditions, accepted to be allocated Offer Shares that are not applied for during the Application Period (as defined herein) for up to NOK 30,000,000 pursuant to an underwriting agreement entered into with the Company (the “UWA“). An underwriting fee equal to 5% of the underwriting commitment by each Underwriter will be payable by the Company to each of the Underwriters in the form of a total of 454,542 new shares in the Company (the “Underwriting Shares“), subject to the approval and issuance of the Underwriting Shares by the EGM (as defined herein).

    The net proceeds from the Private Placement will be used to Company’s commercialization efforts in line with the new business strategy announced in March 2025 as well as for general corporate purposes.

    The application period for the Private Placement will commence today, 21 July 2025 at 09:00 CEST and is expected to close no later than 21 July 2025 at 16:30 CEST (the “Application Period”). The Company, in consultation with the Manager, reserves the right to at any time and in its sole discretion resolve to close or extend the Application Period or to cancel the Private Placement in its entirety without further notice. If the Application Period is shortened or extended, any other dates referred to herein may be amended accordingly.

    The final number of Offer Shares will be determined at the end of the Application Period, and the final allocation will be made at the sole discretion of the Board after consulting with the Manager. The allocation will be based on criteria such as (but not limited to) timeliness of the application, relative order size, sector knowledge, investment history, perceived investor quality and investment horizon. The Board may, at its sole discretion, reject and/or reduce any applications. There is no guarantee that any applicant will be allocated Offer Shares. Notification of allotment and payment instructions is expected to be issued to the applicants on or about 22 July 2025 through a notification to be issued by the Manager.

    The Private Placement will be divided into two tranches: Tranche 1 (“Tranche 1”) will consist of up to 4,731,594 Offer Shares, which may be issues based on the current outstanding authorization to issue new shares given to the Company’s board of directors (“Board”) by the annual general meeting on 21 May 2025 (the “Authorization”) and Tranche 2 (“Tranche 2”) will consist of the number of Offer Shares that, together with the Tranche 1 shares, is necessary in order to raise gross proceeds of NOK 30 million. The issuance of Offer Shares in Tranche 2 remains subject to approval by an extraordinary general meeting, scheduled to be held on or about 14 August 2025 (the “EGM”). Applicants will receive a pro rata portion of shares from Tranche 1 and Tranche 2 based on their overall allocation in the Private Placement, with the exception of the Underwriters which has agreed that the new shares it is allocated in the Private Placement will all be allocated in Tranche 2.

    Tranche 1 will be settled with existing and unencumbered shares in the Company that are already listed on Oslo Børs, pursuant to a share lending agreement entered into between the Company, the Manager and an existing shareholder (the “Share Lending Agreement”). The Share Lending Agreement will be settled with new shares in the Company to be resolved issued by the Board pursuant to the Authorization. Settlement of the Private Placement is expected to take place on a delivery versus payment basis on or about 24 July 2025.

    The completion of Tranche 1 is subject to (i) approval by the Board under the Authorization and (ii) the Share Lending Agreement and the UWAs remaining in full force and effect (”Tranche 1 Conditions”). The completion of Tranche 2 is subject to (i) completion of Tranche 1, (ii) approval by the EGM and (iii) the Share Lending Agreement and the UWA remaining in full force and effect (”Tranche 2 Conditions”). Both the Tranche 1 Conditions and the Tranche 2 Conditions include the share capital increase pertaining to the issuance of the allocated Offer Shares under such tranche being validly registered with the Norwegian Register of Business Enterprises and the allocated Offer Shares being validly issued and registered in the Norwegian Central Securities Depository Euronext Securities Oslo (“VPS”), Completion of Tranche 1 is not conditional upon completion of Tranche 2, and acquisition of shares in Tranche 1 will remain final and binding and cannot be revoked or terminated by the respective applicants if Tranche 2 is not completed. The Board reserves the right to cancel, and/or modify the terms of the Private Placement, at any time and for any reason prior to delivery of the Offer Shares in Tranche 1, without or on short notice. The Applicant acknowledges that Tranche 1 and Tranche 2 of the Private Placement will be cancelled if the relevant conditions for such tranches (or issuance) are not fulfilled, and may be cancelled by the Board in its sole discretion for any other reason whatsoever prior to delivery of the Offer Shares in Tranche 1. Neither the Manager nor the Company will be liable for any losses if the Private Placement is cancelled or modified, irrespective of the reason for such cancellation or modification.

    The Private Placement will be directed towards Norwegian and international investors, subject to applicable exemptions from relevant registration, filing and prospectus requirements, and subject to other applicable selling restrictions. The minimum application and allocation amount has been set to the NOK equivalent of EUR 100,000. The Company may however, at its sole discretion, allocate amounts below EUR 100,000 to the extent exemptions from the prospectus requirements in accordance with applicable regulations, including the Norwegian Securities Trading Act and ancillary regulations, are available.

    The Board has considered the contemplated Private Placement in light of the equal treatment obligations under the Norwegian Securities Trading Act and Oslo Børs’ Circular no. 2/2014 and deems that the proposed Private Placement would be in compliance with these requirements. The Board holds the view that it will be in the common interest of the Company and its shareholders to raise equity through a private placement, in view of the current market conditions and the growth opportunities currently available to the Company. A private placement enables the Company to raise capital in an efficient manner, and the Private Placement is structured to ensure that a market-based subscription price is achieved. In order to limit the dilutive effect of the Private Placement and to facilitate equal treatment, the Board will consider carrying out a subsequent offering directed towards shareholders who did not participate in the Private Placement (see details below).

    The Subsequent Offering
    Subject to among other things (i) completion of the Private Placement, (ii) relevant corporate resolutions including approval by the Board and an extraordinary general meeting, (iii) the prevailing market price of IDEX’s shares being higher than the Offer Price, and (iv) approval of a prospectus by the Norwegian Financial Supervisory Authority, IDEX will consider whether to carry out a subsequent offering (the “Subsequent Offering”) of new shares in the Company. A Subsequent Offering will, if made, be directed towards existing shareholders in the Company as of 21 July 2025, as registered in IDEX’s register of shareholders with Euronext Securities Oslo, the central securities depositary in Norway (Nw. Verdipapirsentralen) (the “VPS”) two trading days thereafter, who (i) are not allocated Offer Shares in the Private Placement, and (ii) are not resident in a jurisdiction where such offering would be unlawful or would (other than Norway) require any prospectus, filing, registration or similar action (the “Eligible Shareholders”). The Eligible Shareholders are expected to be granted non-tradable allocation rights. If carried out, the subscription period in a Subsequent Offering is expected to commence shortly after publication of the Prospectus (if relevant), and the subscription price in the Subsequent Offering will be the same as the Offer Price in the Private Placement. IDEX will issue a separate stock exchange notice with further details on the Subsequent Offering if and when finally resolved.

    About IDEX Biometrics ASA
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5 -12 of the Norwegian Securities Trading Act. This stock exchange release was published by Kjell-Arne Besseberg, Chief Operating Officer, on 21 July 2025 at 07.30 CEST.

    Important information:
    This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or its securities in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to “qualified institutional buyers” as defined in Rule 144A under the Securities Act.

    In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the EU Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression “EU Prospectus Regulation” means Regulation 2017/1129 as amended together with any applicable implementing measures in any Member State.

    This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “strategy”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control.

    Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in investment levels and need for the Company’s services, changes in the general economic, political and market conditions in the markets in which the Company operate, the Company’s ability to attract, retain and motivate qualified personnel, changes in the Company’s ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not provide any guarantees that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this document.

    The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

    Neither the Manager nor any of their affiliates make any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities in the Company. Neither the Manager nor any of their affiliates accept any liability arising from the use of this announcement. 

    The MIL Network –

  • MIL-OSI: IDEX Biometrics ASA – Business Update – 21 July 2025

    Source: GlobeNewswire (MIL-OSI)

    IDEX is executing well on the strategy announced in March 2025 and outlined in the Company’s presentation held on 21 May 2025- IDEX-presentation-20250521.pdf. The Company’s strategy is to become the world’s leading biometric ID company, with a world class product portfolio in both ID & Access and Pay. IDEX has set out clear priorities, a disciplined capital allocation, and a sharp focus on building long-term value.  

    IDEX has delivered multiple test cards as part of signing letters of intent with customers and partners; the purpose of which being to enter into distribution and purchase agreements subject to successful trials of these test cards. Testing is currently taking place. The Company believes that these sample cards will demonstrate the advantages that IDEX technology has over competitors in the field. The feedback to date is positive and IDEX expects to have further news shortly. 

    Meanwhile, IDEX remains focused on cutting costs and accelerate time to market with its new product portfolio, both within ID & Access and Pay. Further software supporting security is underway and a further improved product line is expected to launch in Q3 2025.

    Having experienced a disappointing and prolonged time to market within Pay, IDEX is pleased to announce that momentum appears to have picked up somewhat: On 5 July 2025, IDEX launched together with Mastercard and EBL the world´s first biometric metal card in Bangladesh. The business activity post launch has been very positive, and IDEX expects further launches to happen in H2 2025. 

    In July 2025, the Company executed a share issue towards employees and board members, further strengthening the commitment to IDEX success.

    IDEX Biometrics’ reports and presentations are available on our website: www.idexbiometrics.com/investors

    For further information, please contact:

    Anders Storbråten, CEO and CFO, Tel: +47 416 38 582

    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics:

    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com

    About this notice:

    This notice was issued by Kjell-Arne Besseberg, COO, on 21 July 2025 at 07:30 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

    The MIL Network –

  • MIL-OSI: KGNCLOUD Unlocks Zero-Threshold Gold Mining Opportunities in a New Era of Cryptocurrency Profitability

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 21, 2025 (GLOBE NEWSWIRE) — In the wake of global regulatory shifts and a fresh surge in Bitcoin’s valuation, the world of cryptocurrency mining is witnessing a remarkable transformation. Today, KGNCLOUD, one of the fastest-growing names in cloud mining, officially launches its Global Cloud Mining Wealth Guide, an investor-focused initiative designed to empower individuals to tap into the booming cryptocurrency economy through low-barrier, AI-assisted cloud mining.

    This comprehensive framework outlines how ordinary users—without hardware, technical skills, or significant capital—can now participate in a fully legal, clean-energy mining infrastructure. With real-time daily payouts, zero maintenance burden, and automated strategies, KGNCLOUD signals a new era in crypto wealth creation.

    “We believe cloud mining shouldn’t be gated behind technical complexity or massive investment,” said Victor Norrell, CEO of KGNCLOUD. “With regulatory tailwinds and AI technology finally aligning, we’re enabling anyone to plug into real mining rewards with confidence and speed.”

    Profitability Without Complexity: Cloud Mining for All

    KGNCLOUD has designed a diversified set of cloud mining contracts, covering everything from beginner to professional tiers:

    Contract type Investment amount Cycle (days) Expected income
    Free experience $100 1 $100+$1
    Classic computing power (primary) $500 4 $500+$100
    Classic computing power (advanced) $1200 5 $1200+$240
    Smart miner $2800 6 $2800+$660
    Innovative mining machine $5580 7 $5580+$2506

    A user who rented 1030 TH/s computing power reportedly generated $1,750 in daily earnings, highlighting the platform’s competitive edge.

    Global Reach Meets Inclusive Access

    In keeping with its “zero-threshold” vision, KGNCLOUD extends the following benefits:

    • $100 Free Trial: New users receive an instant credit to test real mining scenarios—risk-free.
    • No Hardware or Power Costs: KGNCLOUD handles infrastructure, cooling, and uptime—users simply earn.
    • Multi-Currency Support: Withdraw in any of 11 currencies, including USDT, BTC, ETH—funds settle in under 5 minutes.

    This accessibility model has already attracted tens of thousands of new participants from regions across Southeast Asia, Africa, and South America—ushering in an era of truly global mining democratisation.

    How to Get Started:-

    KGNCLOUD has simplified the entry process into three clear steps:

    1. Register at KGNCLOUD and receive $100 trial mining credit.
    2. Choose a Contract that fits your budget and time horizon.
    3. Earn Daily Rewards, track your dashboard, and withdraw when desired.

    With favourable regulations, superior green infrastructure, and scalable mining plans now available, KGNCLOUD’s Global Wealth Guide signals a turning point for mainstream crypto participation.

    “The wealth wave is real, but timing is everything. We’ve built KGNCLOUD to let anyone ride it—without the friction,” added Norrell.

    Media Contact:joy bennett
    Connect：support@kgnminer.net
    Web: https://kgnminer.net

    Attachment

    The MIL Network –

  • MIL-Evening Report: How are Australians adapting to climate change? Here are 729 ways

    Source: The Conversation (Au and NZ) – By Tia Brullo, Research Fellow in Climate Change Adaptation, The University of Melbourne

    Australia’s climate is changing. To avoid catastrophic disruptions from successive supercharged disasters, society must adapt. But change takes time and it’s not always clear how much progress we’re making.

    We wanted to find out what Australia’s governments, industries and local groups are doing to adapt to climate change. Our work culminated in the Australian Adaptation Database, which captures more than 700 initiatives so far.

    Standout examples from this first national stocktake include Ramblers Reef in Victoria – an artificial reef of rocks and shells 500 metres offshore that has helped reduce coastal erosion. In Adelaide, urban cooling and greening projects are transforming the city and suburbs across 17 councils .

    Our project shows climate adaptation is happening in Australia, but there’s plenty of room for improvement. The more society can do now to prepare for change, the better off we’ll be in the long run.

    Urban greening is helping to cool the city of Adelaide.
    Ozitraveler, Shutterstock

    What does climate change adaptation in Australia look like?

    Australia is lagging behind many other nations when it comes to managing climate action. The federal government is yet to release its first national adaptation plan, while other countries are up to their third or fourth versions.

    Why track Australia’s progress in climate adaptation? First, it enables progress to be reported efficiently to governments and international bodies such as the United Nations.

    The database also helps people share knowledge. Anyone striving to improve their resilience to climate change can look to the database for ideas and inspiration.

    The data was mainly gathered from conversations we had with people in state and territory government departments, local government associations, not-for-profit organisations and private companies across Australia.

    On Wednesday, we will present the database at the opening of the national Climate Adaptation 2025 conference in Perth.

    The project shows the vast range of ways Australians are preparing for a warmer world. Examples include:

    Anyone can explore and search the database. It’s not an exhaustive record of all climate adaptation in Australia, but provides more detail than ever before. It’s constantly being updated as new examples are added.

    But the database is only as good as the information we feed into it, so we need everyone to contribute. All you need to do is hit the “submit an entry” button on the homepage to get started.

    Artificial reefs such as Ramblers Reef help slow erosion (ABC News)

    The role of government: local, state and federal

    Much work to date in climate adaptation has involved laying the foundations for practical actions.

    For example, South Australia’s Climate Ready Coasts program aims to improve planning for coastal hazards. This joint effort between state and local governments make sense, given both have a role to play, and it helps ensure adaptation actions are efficient and coordinated.

    At the federal level, the Australian government has focused on funding for national disasters such as the Future Drought Fund. Another example, the Infrastructure Betterment Fund, involves making roads, rail, bridges and other infrastructure more resilient to climate change.

    Australia is yet to release its first National Adaptation Plan. This document is expected to clarify the federal role in climate adaptation.

    The private sector

    The private sector is beginning to adapt to climate change. Examples include:

    Knowledge sharing and capacity building

    We also found extensive efforts to communicate and share information about adapting to change.

    Such activities include knowledge building for organisations and communities through workshops, training sessions and simulation games.

    Examples include Western Australia’s “being waterwise in the home” tips, and Hobart’s Sparking Conversations, Igniting Action Program for bushfire preparedness. These activities help lay the groundwork for practical action.

    Change is hard, but Australia is finally making some progress in climate adaptation.
    Markus Spiske, Unsplash., CC BY

    What’s next?

    Our research shows the policy and governance mechanisms to drive adaptation are largely in place. The knowledge and networks to support meaningful action are gradually being developed.

    But the next “heavy lifting” phase – putting plans into action – is yet to begin in earnest.

    There’s a clear need to channel funding to those best placed to deliver frontline projects and programs, especially local governments and community organisations.

    The Australian Local Government Association is calling for a A$400 million climate adaptation fund to support Australian councils to deliver place-based adaptation actions.

    Last year, the Australian Council of Social Services called for a $2 billion investment in a national housing retrofit program to make Australia’s 670,000 low-income houses cooler in summer to reduce illness and death from extreme temperatures. Neither of these calls has been answered.

    Let’s get moving

    This research is part of a three-year project exploring how to encourage and promote best practice in adapting to climate change across Australia.

    The next step is to measure progress around climate adaptation, which is difficult and rarely done – even though it’s required under the Paris Agreement.

    The good news is Australia has made a start, but there is much more to do to ensure the wellbeing of our country through a changing climate.

    Tia Brullo receives funding from the National Environmental Science Program Climate Systems Hub Project Number CS2.1

    Elissa Waters receives funding from the National Environmental Science Program Climate Systems Hub Project Number CS2.1 and Australian Climate Service.

    Jon Barnett receives funding from the National Environmental Science Program Climate Systems Hub Project Number CS2.1

    Sarah Boulter receives funding from the National Environmental Science Program Climate Systems Hub.

    – ref. How are Australians adapting to climate change? Here are 729 ways – https://theconversation.com/how-are-australians-adapting-to-climate-change-here-are-729-ways-256446

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Newspoll and Resolve give Labor big leads as parliament resumes after the election

    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne

    With federal parliament to sit for the first time since the election on Tuesday, Newspoll gives Labor a 57–43 lead and Resolve a 56–44 lead. In Tasmania, Labor is a chance to gain a seat despite a 3% slide in their statewide vote.

    A national Newspoll gave Labor a 57–43 lead (55.2–44.8 to Labor at the May federal election). Fieldwork dates and the sample size were not reported, but it’s likely to have been taken July 14–18 from a sample of about 1,200.

    Primary votes were 36% Labor, 29% Coalition, 12% Greens, 8% One Nation and 15% for all Others. This is the lowest Coalition primary vote in Newspoll history that goes back to 1985, and about three points below the Coalition’s result at the election.

    Anthony Albanese’s net approval was net zero, a ten-point improvement for him since the final pre-election Newspoll, with 47% both satisfied and dissatisfied. Liberal leader Sussan Ley’s first rating was -7 net approval, with 42% dissatisfied and 35% satisfied. Albanese led Ley as better PM by 52–32.

    Here is the graph of Albanese’s net approval in Newspoll. While net zero is better than his negative ratings before the election, it’s a long way from his peak after winning the 2022 election.

    The lack of a massive surge in net approval for Albanese indicates that Labor’s landslide was more about voters’ dislike for alternatives than their liking of Labor. Peter Dutton and Donald Trump were both big factors in the election result. A DemosAU poll I covered on Saturday had voters opposed by 71–19 to a PM like Trump.

    Resolve poll

    A national Resolve poll for Nine newspapers, conducted with unknown fieldwork dates from a sample of 2,311, gave Labor a 56–44 lead by respondent preferences, from primary votes of 35% Labor, 29% Coalition, 12% Greens, 8% One Nation, 8% independents and 8% others.

    Albanese’s net approval was +3, with 45% giviing him a good rating and 42% a poor rating. In contrast to Newspoll, Sussan Ley’s first rating in Resolve was +9 (38% good, 29% poor). Albanese led Ley as preferred PM by 40–25.

    Asked whether the next year will get better or worse, 28% thought it would be personally better and the same share thought it would be worse. Asked this question on the national outlook, by 42–25 respondents expected it to get worse.

    By 33–32, respondents opposed the Liberal party having gender quotas, with Coalition voters opposed by 44–27. Men were opposed by 39–34, while women supported quotas by 30–27.

    Labor was thought best to handle economic management by 31–30 over the Liberals. On keeping the cost of living low, Labor led by 30–26. The last time Labor led on economic management in Resolve’s monthly polls was July 2023, and the last time they led on cost of living was October 2023.

    Tasmanian election updates

    Since my election night article, the count has advanced from 63% to 73% of enrolled voters, with all pre-poll votes now counted. These additional votes have not had major impacts on the results.

    Postals will be the largest number of outstanding votes still to be counted, but the Tasmanian Electoral Commission won’t begin the postal count until Thursday owing to legislative changes that require the TEC to ensure a postal voter hasn’t already voted by other means.

    Postals must be received by 10am on July 29 to be included. In Tasmania the Hare-Clark distribution of preferences is done by hand, and will begin after the postal receipt deadline. The TEC expects to have final results by August 2.

    Analyst Kevin Bonham has called 14 of the 35 seats for the Liberals, ten for Labor, five for the Greens and four for left-wing independents, leaving two undecided. In Lyons, the final seat is likely to be won by a Shooters, Fishers and Farmers candidate.

    In Bass, there’s a complex fight for the last seat between Labor, the Liberals and the Shooters. Labor may benefit from having two candidates in the race who have nearly equal votes, possibly enabling them to win three seats when they only deserve two based on party totals.

    If Labor wins the final Bass seat, they would gain a seat in an election where their statewide vote slid 3.1% to 25.9%.

    Adrian Beaumont 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. Newspoll and Resolve give Labor big leads as parliament resumes after the election – https://theconversation.com/newspoll-and-resolve-give-labor-big-leads-as-parliament-resumes-after-the-election-261538

    MIL OSI Analysis – EveningReport.nz –

  • Microsoft alerts businesses, governments to server software attack

    Source: Government of India

    Source: Government of India (4)

    Microsoft has issued an alert about “active attacks” on server software used by government agencies and businesses to share documents within organizations, and recommended security updates that customers should apply immediately.

    The FBI said on Sunday it is aware of the attacks and is working closely with its federal and private-sector partners, but offered no other details.

    In an alert issued on Saturday, Microsoft said the vulnerabilities apply only to SharePoint servers used within organizations. It said that SharePoint Online in Microsoft 365, which is in the cloud, was not hit by the attacks.

    “We’ve been coordinating closely with CISA, DOD Cyber Defense Command and key cybersecurity partners globally throughout our response,” a Microsoft spokesperson said, adding that the company had issued security updates and urged customers to install them immediately.

    The Washington Post, which first reported the hacks, said unidentified actors in the past few days had exploited a flaw to launch an attack that targeted U.S. and international agencies and businesses.

    The hack is known as a “zero day” attack because it targeted a previously unknown vulnerability, the newspaper said, quoting experts. Tens of thousands of servers were at risk.

    In the alert, Microsoft said that a vulnerability “allows an authorized attacker to perform spoofing over a network.” It issued recommendations to stop the attackers from exploiting it.
    Microsoft has issued an alert about “active attacks” on server software used by government agencies and businesses to share documents within organizations, and recommended security updates that customers should apply immediately.

    The FBI said on Sunday it is aware of the attacks and is working closely with its federal and private-sector partners, but offered no other details.

    In an alert issued on Saturday, Microsoft said the vulnerabilities apply only to SharePoint servers used within organizations. It said that SharePoint Online in Microsoft 365, which is in the cloud, was not hit by the attacks.

    “We’ve been coordinating closely with CISA, DOD Cyber Defense Command and key cybersecurity partners globally throughout our response,” a Microsoft spokesperson said, adding that the company had issued security updates and urged customers to install them immediately.

    The Washington Post, which first reported the hacks, said unidentified actors in the past few days had exploited a flaw to launch an attack that targeted U.S. and international agencies and businesses.

    The hack is known as a “zero day” attack because it targeted a previously unknown vulnerability, the newspaper said, quoting experts. Tens of thousands of servers were at risk.

    In the alert, Microsoft said that a vulnerability “allows an authorized attacker to perform spoofing over a network.” It issued recommendations to stop the attackers from exploiting it.

    In a spoofing attack, an actor can manipulate financial markets or agencies by hiding the actor’s identity and appearing to be a trusted person, organization or website.

    Earlier, Microsoft said it is working on updates to 2016 and 2019 versions of SharePoint. If customers cannot enable recommended malware protection, they should disconnect their servers from the internet until a security update is available, it added.
    In a spoofing attack, an actor can manipulate financial markets or agencies by hiding the actor’s identity and appearing to be a trusted person, organization or website.

    Earlier, Microsoft said it is working on updates to 2016 and 2019 versions of SharePoint. If customers cannot enable recommended malware protection, they should disconnect their servers from the internet until a security update is available, it added.

  • MIL-OSI: Change in Financial Calendar – 21 July 2025

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 21st of July – IDEX Biometrics ASA (OSE: IDEX) hereby announces a change to the company’s financial calendar.

    Postponement of Q2 2025 Report

    The company informs that the publication of the quarterly report for the second quarter of 2025 is postponed from the originally scheduled date to Tuesday, August 27, 2025.

    IDEX Biometrics’ reports and presentations are available on our website: www.idexbiometrics.com/investors

    For further information, please contact:

    Anders Storbråten, CEO and CFO, Tel: +47 416 38 582

    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics:

    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, visit www.idexbiometrics.com

    About this notice:

    This notice was issued by Kjell-Arne Besseberg, COO, on 21 July 2025 at 07:20 CET on behalf of IDEX Biometrics ASA. This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

    The MIL Network –

  • MIL-OSI United Kingdom: Roadmap to rebuild trust in water sector unveiled in major new report

    Source: United Kingdom – Government Statements

    Press release

    Roadmap to rebuild trust in water sector unveiled in major new report

    Sir Jon Cunliffe publishes final recommendations

    A new integrated regulator for water, stronger consumer advocacy and 9 new regional water authorities to deliver on local priorities are among the final recommendations set out today (21 July) by the Independent Water Commission.

    Chaired by Sir Jon Cunliffe, the Commission sets out 88 recommendations in its report to the UK and Welsh governments to transform the sector.

    The report covers how the system is regulated, how to manage the competing demands on water, how water companies are governed and how critical water infrastructure is kept resilient both now and in the future.

    It follows just under nine months of extensive engagement, analysis and research, including the 50,000+ responses submitted to the Commission’s Call for Evidence.

    Key recommendations include:

    1. Single integrated water regulators. The report recommends a single water regulator in England and a single water regulator in Wales. In England this would replace Ofwat, the Drinking Water Inspectorate and water-environment related functions from the Environment Agency and Natural England. In Wales, Ofwat’s economic responsibilities would be integrated into Natural Resources Wales. Water is a complex sector responsible for the second-largest infrastructure programme in the UK. Water companies will spend £104 billion on investment and operation over the next 5 years. Climate change, population growth and economic development will put huge pressure on water systems over the coming decades. The current regulatory landscape is fragmented and overlapping and fully joined-up regulation is essential for the system to meet the demands of the future and ensure that private water companies act in the public as well as the private interest. A powerful, single regulator for water would simplify the system, reduce duplication, close regulatory gaps and ensure a much stronger “whole-firm” view of each company.* It would also improve investor confidence through a more stable regulatory regime. In making this recommendation, the Commission has looked closely at other regulatory models such as Ofcom.**

    2. Eight new regional water system planning authorities in England and one national authority in Wales. As part of a radical overhaul of water system planning, the report recommends devolving current planning responsibilities and transferring resources from the regulators to 9 new regional water authorities. These would be responsible for developing water investment plans that reflect local priorities and voices. They would streamline existing planning processes and be empowered to direct funding and ensure accountability from all sectors that impact water.  They would be independent and include representation from local councils, public health, environment, agriculture and consumers, among others.

    3. Greater consumer protection. The Commission sets out proposals to improve affordability and customer service. That includes upgrading the consumer body CCW into an Ombudsman for Water to give stronger protection to customers and a clearer route to resolving complaints. It then proposes transfer responsibility for consumer advocacy to Citizens Advice. The Commission also recommends the introduction of a national social tariff to provide consistent support for low-income customers who need support to pay their bills. This will help address the widely different levels of support currently in place, with caps on bills varying by £100s in different parts of the country.

    4. Stronger environmental regulation. The report recommends significant improvements to areas such as Operator Self-Monitoring through greater digitalisation, automation, third-party assurance and inspections. It proposes stronger regulation on abstraction, sludge, drinking water standards and water supply. After one of the driest springs on record, it recommends compulsory water metering, changes to wholesale tariffs for industrial users and greater water reuse and rainwater harvesting schemes. It also sets out where environmental legislation needs updating and why, including proposals for a new long-term and legally binding target for the water environment.

    5. Tighter oversight of water company ownership and governance. The Commission recommends new powers for the regulator to block changes in water company ownership – for example, where investors are not seen to be prioritising the long-term interests of the company and its customers – as well as potential new ‘public benefit’ clauses in water company licences. It recommends that the regulator set “minimum capital” requirements so that companies are less reliant on debt and more financially resilient. On investment, the report sets out proposals to improve investor confidence, including government direction to the regulator to support stability and predictability for long-term investors.  

    6. Public health reforms: The report covers legislative reforms to better manage public health risks in water, recognising the many people who swim, surf and enjoy other water-based activities. These include a) new public health objectives in water quality legislation b) senior public health representation on regional water planning authorities and c) legislative changes to address emerging pollutants such as PFAS, micropollutants and microplastics.

    7. Fundamental reset of economic regulation. More detail is set out on the Commission’s recommendation for a new ‘supervisory’ approach to economic regulation, supporting tailored decisions and earlier interventions in water company oversight. The report also makes recommendations on the Price Review process, including changes to ensure companies are investing in and maintaining assets and to help attract long-term, low-risk investment.

    8. Clear strategic direction. A new long-term National Water Strategy should be published by both the UK and Welsh governments. This should have a minimum horizon of 25 years, with interim milestones on a 5 and 10 year basis. It should be cross-sectoral, with a clear framework for managing the many demands on water. A set of ministerial priorities specifically for the water industry should also be issued to regulators every five years, replacing the current Strategic Policy Statement (SPS). A clear long-term strategy will help drive the right outcomes for consumers, growth and the environment and support long-term investment planning.

    9. Infrastructure & asset health reforms. The report sets out a marked step change in how water infrastructure is managed, monitored and delivered – essential for safeguarding the provision of water and wastewater management for future generations. That includes new requirements for companies to map and assess their assets and new resilience standards that are forward-looking and applied consistently across the industry.

    Sir Jon Cunliffe said:

    Restoring trust has been central to our work. Trust that bills are fair, that regulation is effective, that water companies will act in the public interest and that investors can get a fair return.

    Our recommendations to achieve this are significant. They include the management of the whole water system, regulation of the water industry, the governance and financial resilience of water companies and a stronger voice for local communities and water customers.

    In this report I have considered what is best for the long-term future of water.  This is a complex sector with a highly integrated system, responsible for the second-largest infrastructure programme in the UK.

    Resetting this sector and restoring pride in the future of our waterways matters to us all. In countless conversations in the last nine months I have been struck by the urgent need and passion for change. Doing this will require hard work, strong leadership and sustained commitment. But it can and must be done.

    I am grateful to all to all those who have contributed generously and constructively to our work with their time, expertise and challenge.

    The final report also shares recommendations on implementation, including which reforms can be delivered in the short-term and which require new primary legislation.

    As set out in the Terms of Reference, the Commission has operated independently of UK and Welsh Ministers.

    Sir Jon Cunliffe has been supported by an expert Advisory Group, with leading voices from areas including the environment, public health, consumers, economics and investment.

    Notes to editors

    • The full report is available here: Independent Water Commission final report
    • Sir Jon Cunliffe was appointed on 22 October 2024 to lead the Independent Water Commission. His Terms of Reference were published on gov.uk. 
    • The Commission launched an eight-week Call for Evidence on 27 February 2025. The Commission’s interim report was published on 3 June.
    • *The Commission has looked in detail at the challenges within the existing regulatory framework. The existing model of multiple regulators makes it difficult for the regulatory system to come to a clear, overall view of a water company’s performance and the challenges it faces. Enforcement action in some areas has been described as duplicative. Elsewhere, there are gaps in the oversight of asset health and monitoring water infrastructure delivery. There is an inherent complexity in the current system whereby the EA, NRW and the DWI set the requirements that determine much of water company costs, while Ofwat subsequently determines the revenues companies can receive from water bills to cover those costs. 
    • **Ofcom was established through combining five existing regulators into one. Further detail is covered in Chapter 4 of the final report. 
    • ***Social tariff variability: Evidence returned via the Commission’s Call for Evidence set out the differing levels of support a low-earner would receive under 2024/25 rates depending on where they lived. For example, a single parent with one child, working part-time and receiving Universal Credit with an income under £19,000 per year would have an annual water bill capped at £91.12 in Portsmouth, compared to £364 in Bradford.

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI: WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar

    Source: GlobeNewswire (MIL-OSI)

    WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar

    Gibraltar/La Línea – July 21, 2025 – WISeKey International Holding Ltd (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, and its subsidiary, SEALSQ Corp (NASDAQ: LAES) (“SEALSQ”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products today announced that a transformative initiative launched several years ago to establish LLG4IRir.com a Cross-Border Deeptech Center of Excellence (the “Center”) for the 4th Industrial Revolution is now being formally activated, following the historic agreement between Spain and the United Kingdom on Gibraltar’s post-Brexit border status.

    Strategically located near Gibraltar Airport, this innovative Center will act as a shared technological and industrial hub bridging La Línea de la Concepción (Spain) and Gibraltar (UK). It aims to provide a collaborative platform for companies working in advanced technologies including Artificial Intelligence, Quantum Computing, the Internet of Things, AI, Space, Cybersecurity, and Semiconductors, aiming to position the region as a global epicenter of innovation.

    The recent UK–EU agreement facilitates the free and secure movement of people and goods across the border, unlocking opportunity for the Company to realize the full potential of this ambitious project and enabling seamless cooperation between the two jurisdictions.

    Meetings held with the Gibraltar government and the Mayor of La Línea have resulted in unanimous support for the project. The Center is recognized as a mutually beneficial opportunity: Gibraltar-based companies will gain access to European Union technology legislation and platforms, while Spanish businesses located at the Center will benefit from cooperation with Gibraltar and potential partnerships with African innovation ecosystems, reinforcing the region’s status as a tri-continental innovation gateway.

    First Milestone: Manufacturing Plant for Post-Quantum Communication Devices
    Under the LLG4IR.com cross-border framework, the first physical installation is planned to be a secure manufacturing facility in La Línea dedicated to producing post-quantum-ready communication devices. These devices are intended to form the foundation of a secure communications infrastructure designed to operate seamlessly with satellite constellations, providing quantum-resilient, end-to-end communications across industries.

    This facility is also expected to host the initial manufacturing operations for WISeSat.Space, WISeKey’s secure space communication platform. Production would begin as soon as the site becomes operational, establishing La Línea as a new hub for secure aerospace and telecommunications manufacturing.

    In parallel, SEALSQ has allocated a dedicated budget to develop its first post-quantum communication device manufacturing plant, confirming its commitment to secure, satellite-linked, next-generation technologies. This plant will produce devices that connect directly with WISeSat.Space’s satellite constellation, delivering resilient, quantum-secure data flows critical to sectors such as defense, logistics, healthcare, and energy.

    Additionally, WISeKey and SEALSQ have signed a memorandum of understanding with the regional port authority to implement Smart Container Technology, allowing maritime cargo containers, even in mid-sea transit, to connect directly with satellites. This will enable real-time, secure, blockchain-verifiable logistics tracking, bolstering supply chain transparency and resilience on a global scale.

    A Quantum Corridor for Europe’s Digital Sovereignty
    The Center is a vital node in the expanding Post-Quantum Corridor, a high-tech European network being developed by SEALSQ and WISeKey to enable secure, quantum-resilient infrastructure from chip to satellite. This strategic corridor connects key technology hubs including:

    •        La Línea de la Concepción
    •        Gibraltar
    •        Malaga Technology Park
    •        Murcia – home of the QUANTIX Semiconductor Center
    •        Aix-en-Provence – SEALSQ Semiconductor R&D Center and Operational Headquarters
    •        Grenoble – IC’ALPS Advanced Chip Development Lab
    •        Geneva – WISeKey and SEALSQ Global R&D and Cybersecurity Centers

    The Quantum Corridor will also integrate leading universities across the region to foster academic–industry collaboration and talent development. It will provide a dynamic environment for quantum, artificial intelligence, and cybersecurity companies to work together, co-developing the secure, intelligent technologies of the future, from next-generation encryption to space-based AI systems and quantum processors.

    In the coming weeks, SEALSQ will engage a leading international consulting firm to develop a comprehensive business and technology integration plan for the Cross-Border Center. This strategic study will guide the implementation of the project, from infrastructure to ecosystem development. It will be aligned with existing studies already underway in Gibraltar focused on shared prosperity, helping to shape a unified master plan for the successful and coordinated execution of the initiative on both sides of the border.

    Public and Private Funding Synergies
    The project will benefit from grants and allocation of funding available for this type of strategic activity, particularly those supporting innovation, digital infrastructure, and cross-border cooperation. This public support will be complemented by investment from the private sector on a pari passu basis, ensuring a balanced and sustainable funding model that drives both economic development and technological leadership.

    “Think of the Center as an aircraft carrier for innovation,” said Carlos Moreira, CEO of WISeKey. “Companies can land, refuel with knowledge and infrastructure, and take off again stronger. Instead of each company reinventing the wheel, they plug into a common ecosystem, just like plugging into the electricity grid.”

    The LLG4IR.com Cross-Border Center of Excellence will serve as a launchpad for collaborative research, startup incubation, international joint ventures, and workforce training programs, aligned with the long-term strategies of the European Union, the United Kingdom, and key private-sector stakeholders.

    Further announcements regarding the Center’s commissioning, founding partners, and investment roadmap will follow in the coming weeks.

    About WISeKey
    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network –

  • Sensex, Nifty open flat amid India-US trade deal uncertainty

    Source: Government of India

    Source: Government of India (4)

    India’s benchmark indices opened on a cautious note Monday, as uncertainty surrounding the India-US trade deal weighed on investor sentiment and capped early gains.

    The Nifty rose 30.60 points, or 0.12 per cent, to open at 24,999, while the Sensex added 160.80 points, or 0.20 per cent, to start at 81,918.53. However, both indices quickly gave up their gains. By 9:20 am, the Sensex had slipped 50 points, or 0.05 per cent, to 81,714, and the Nifty was down 17 points, or 0.07 per cent, at 24,951.

    Analysts attribute the weak start to investor unease over the lack of progress in the fifth and latest round of India-US trade negotiations.

    “The failure to reach a breakthrough in the trade talks is pushing countries to pursue multilateral FTAs to reduce reliance on the US,” said Ajay Bagga, banking and market expert. “The final signing of the India-UK FTA this week will symbolize a broader shift towards multilateralism in a post-Pan-Americana world.”

    India and the UK had concluded negotiations on their FTA in May. Bagga stressed the need for India to deepen trade ties through new and existing FTAs, especially with ASEAN countries, where current terms favor imports over exports.

    Adding to the market pressure are concerns over a lackluster Q1 earnings season and ongoing uncertainty around US tariff policies. A potential US-India tariff deal is being closely watched as a possible trigger for market recovery.

    Another factor influencing sentiment is the flood of primary market activity. With several large IPOs and qualified institutional placements (QIPs) lined up, investors are diverting funds away from the secondary market. Promoters and private equity firms continue to dilute stakes, adding to the supply overhang.

    Meanwhile, a potentially positive development could emerge on the policy front. The NITI Aayog has reportedly recommended allowing automatic approvals for Chinese investments of up to 24 per cent in Indian companies, a move that could revive Chinese capital inflows and signal India’s openness to alternatives beyond the US.

    On the NSE, all major broad-market indices were under pressure. The Nifty 100 dropped 0.13 per cent, Nifty Midcap 100 slipped 0.10 per cent, and Nifty Smallcap 100 fell by 0.10 per cent.

    Sectorally, only Nifty Media, Nifty Metal, and Nifty Realty showed gains. The rest lagged, with Nifty Auto down 0.37 per cent, Nifty FMCG lower by 0.32 per cent, Nifty IT falling 0.67 per cent, and Nifty PSU Bank declining the most, by 0.70 per cent.

    “The Nifty 50 did not perform well last week, ending down by 181 points. Back-to-back bearish candles indicate that sellers are in control, which could push prices further down,” said Sunil Gurjar, SEBI-registered analyst and founder of Alphamojo Financial Services. “A breakdown below 25,250 would signal a strong downtrend. The 24,650 level could act as crucial support. If breached, it may confirm further downside. That said, prices remain above key moving averages, hinting at underlying strength.”

    (With inputs from ANI)
    @918920982302

  • Over three lakh perform Amarnath Yatra in 18 days

    Source: Government of India

    Source: Government of India (4)

    Over 300,000 yatris have undertaken the ongoing Amarnath Yatra in the 18 days since it began on July 3. With 20 days still left for the yatra’s conclusion on August 9, the figure is likely to exceed the official estimate of 3.5 lakh this year.

    Officials said that as of Sunday, 3.07 lakh pilgrims had ‘darshan’ inside the holy cave shrine.

    “Another batch of 3,791 yatris left Bhagwati Nagar Yatri Niwas today for the Valley in two escorted convoys. The first convoy of 52 vehicles carrying 1,208 yatris to the Baltal base camp left at 3:33 a.m., while the second convoy of 96 vehicles carrying 2,583 yatris to the Pahalgam base camp left at 4:06 a.m.,” officials said.

    J&K Lt. Governor Manoj Sinha, who is also the chairman of the Shri Amarnathji Shrine Board (SASB), visited the Baltal base camp on Sunday. The L-G chaired a meeting of officials to review the arrangements made for the smooth conduct of the yatra. He had lunch with the yatris at one of the ‘Langars’ at Baltal and also interacted with them. The L-G expressed satisfaction with both the security and other arrangements made for the yatra.

    This year, the Bhumi Pujan of ‘Chhari Mubarak’ (Lord Shiva’s Holy Mace) was performed at Pahalgam on July 10. The Chhari Mubarak was taken to Pahalgam by a group of seers led by its sole custodian, Mahant Swami Deependra Giri, from its seat at the Dashnami Akhara Building in Srinagar.

    In Pahalgam, the Chhari Mubarak was taken to the Gauri Shankar temple, where the Bhumi Pujan was held. It was then taken back to its seat at the Dashnami Akhara building. It will begin its final journey towards the cave shrine from the Dashnami Akhara temple in Srinagar on August 4 and will reach the holy cave shrine on August 9, marking the official conclusion of the yatra.

    Authorities have made extensive multi-tier security arrangements for this year’s Amarnath Yatra, as this takes place after the cowardly attack of April 22 in which Pakistan-backed terrorists killed 26 civilians after segregating them based on faith in the Baisaran meadow of Pahalgam. An additional 180 companies of CAPFs have been brought in to augment the existing strength of the Army, BSF, CRPF, SSB, and the local police. The Army has deployed over 8,000 specially trained commandos to secure the passage of the yatris.

    This year, the yatra started on July 3 and will end after 38 days on August 9, coinciding with Shravan Purnima and Raksha Bandhan.

    Yatris approach the holy cave shrine, situated 3,888 metres above sea level in the Kashmir Himalayas, from either the traditional Pahalgam route or the shorter Baltal route. Those using the Pahalgam route pass through Chandanwari, Sheshnag, and Panchtarni to reach the cave shrine, covering a distance of 46 km on foot over four days. Those using the shorter Baltal route trek 14 km to reach the shrine and can return to the base camp the same day after having darshan.

    No helicopter services are available to yatris this year due to security reasons.

    The cave shrine houses an ice stalagmite structure that wanes and waxes with the phases of the moon. Devotees believe the structure symbolizes the mythical powers of Lord Shiva.

    (IANS) 

  • MIL-OSI Russia: Goods from Belarus were imported to Xinjiang for the first time through the border trade zone located at the Khorgos checkpoint.

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — A batch of crystal goblets from Belarus cleared customs and entered the Horgos border trade zone in northwest China’s Xinjiang Uygur Autonomous Region on Saturday, becoming the first batch of goods imported from Belarus to Xinjiang under the trade regime in the zone, filling a gap in direct trade between the region and Belarus, according to the press service of the Horgos city government.

    These goods from Belarus weigh more than 3 tons and cost 340 thousand yuan (approximately 47.54 thousand US dollars) include 25 items, said a representative of the border trade zone at the Khorgos checkpoint, adding that the zone is focused on importing specific goods from Uzbekistan, Kyrgyzstan, Kazakhstan, Russia and other countries to expand the range of imported products.

    According to the city’s Commerce Bureau, in the first six months of this year, more than 3,820 tons of goods were imported through the border trade zone located at Horgos Port, with the trade volume exceeding 42.9 million yuan, bringing in 429,200 yuan in revenue for local merchants.

    To date, there have been 60 Chinese and foreign trading shops registered in the zone, as well as more than 4,000 local traders on the Chinese side. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-Evening Report: In a world first, The Hague wants to arrest Taliban leaders over their treatment of women – what happens next?

    Source: The Conversation (Au and NZ) – By Yvonne Breitwieser-Faria, Lecturer in Criminal Law and International Law, Curtin University

    Earlier this month, the International Criminal Court (ICC) issued arrest warrants against the Taliban leadership in Afghanistan.

    The court’s Pre-Trial Chamber II cited reasonable grounds for believing supreme leader Haibatullah Akhundzada and chief justice Abdul Hakim Haqqani were guilty of “ordering, inducing or soliciting the crime against humanity of persecution on gender grounds.”

    The warrants – the first ever on charges of gender persecution – are being hailed as an “important vindication and acknowledgement of the rights of Afghan women and girls”.

    But will they improve the plight of women and girls in Afghanistan, given the Taliban does not recognise the court or its jurisdiction?

    The signs are not good with the Taliban denying the allegations and condemning the warrants as a “clear act of hostility [and an] insult to the beliefs of Muslims around the world”.

    Erased from public life

    Strict rules and prohibitions have been imposed on the Afghan people since the Taliban returned to power in August 2021.

    Women and girls have been singled out for even worse treatment by reason of their gender.

    According the warrants, the Taliban has

    severely deprived, through decrees and edicts, girls and women of the rights to education, privacy and family life and the freedoms of movement, expression, thought, conscience and religion.

    Women are banned from public places and girls from attending school once they turn 12.

    Zahra Nader is the editor-in-chief of newsroom Zan Times which investigates human rights violations in Afghanistan. She says Afghan women and girls are being silenced, restricted and stripped of their basic human rights.

    It is this discriminatory system of control of woman and girls in Afghanistan that is at the core of the court’s prosecution.

    The warrants also accuse the Taliban of persecuting

    other persons who don’t conform with the Taliban’s ideological expectations of gender, gender identity or expression; and on political grounds against persons perceived as ‘allies of girls and women.

    This is the first time an international tribunal or court has confirmed crimes against humanity involving LGBTQIA+ victims. This marks an important milestone in the protection of sexual minorities under international law.

    Crimes against humanity

    International law clearly spells put the offences which constitute crimes against humanity.

    The aim is to protect civilians from serious and widespread attacks on their fundamental rights. Different definitions of crimes against humanity have been included in the statutes of a handful of international tribunals and courts.

    The definition under the Rome Statute of the International Criminal Court is the most comprehensive. It includes severe deprivation of personal liberty, murder, enslavement, rape, torture, forced deportation or apartheid.

    Specifically, the Taliban leaders are accused under Article 7(1)(h) of the Rome Statute, which states:

    Persecution against any identifiable group or collectivity on political, racial, national, ethnic, cultural, religious, gender […] or other grounds that are universally recognised as impermissible under international law.

    Physical and direct violence is not necessary for persecution on “gender […] grounds” to be established. Systemic and institutionalised forms of harm, which can be the imposition of discriminatory societal norms, are sufficient.

    Women and girls are often disproportionately affected by Taliban policies and rules. But proving gender-based crimes have occurred is not enough. Discriminatory intent must also be established.

    The Taliban has been open about its religious beliefs and interpretations, suggesting a clear intention to persecute on the grounds of gender.

    Not just symbolic

    As with other cases, the court relies on the cooperation of states to execute and surrender those accused.

    The interim government in Kabul which was formed after the US-led invasion in 2001 became a party to the Rome Statute in 2003. Afghanistan remains legally obligated to prosecute perpetrators of these crimes – it must accept the Court’s jurisdiction in the matter.

    The Purple Saturdays Movement, an Afghan women-led protest group, is warning the arrest warrants must be more than just symbolic. Any failure to prosecute would likely result in an escalation of human rights violations:

    The Taliban has historically responded to international pressure not with reform, but by intensifying such repressive policies.

    Hopeful step

    It is important to note the strict policies and widespread abuses targeting women and girls in Afghanistan are ongoing, despite the intervention by the International Criminal Court.

    The court’s Office of the Prosecutor is stressing its commitment to pursuing “effective legal pathways” to bring the Taliban leadership to account. The Afghan Women’s Movement in Exile wants an independent international judicial committee established to monitor and accelerate the legal process.

    It is not yet clear if the warrants will actually lead to arrest and prosecution in The Hague. But we know this is possible. A prime example being the the arrest earlier this year of former Philippines President Rodrigo Duterte.

    At the very least, the arrests warrants are a hopeful step towards accountability for the Taliban and justice for the women and girls of Afghanistan.

    Yvonne Breitwieser-Faria 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. In a world first, The Hague wants to arrest Taliban leaders over their treatment of women – what happens next? – https://theconversation.com/in-a-world-first-the-hague-wants-to-arrest-taliban-leaders-over-their-treatment-of-women-what-happens-next-261008

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Analysis: In a world first, The Hague wants to arrest Taliban leaders over their treatment of women – what happens next?

    Source: The Conversation – Global Perspectives – By Yvonne Breitwieser-Faria, Lecturer in Criminal Law and International Law, Curtin University

    Earlier this month, the International Criminal Court (ICC) issued arrest warrants against the Taliban leadership in Afghanistan.

    The court’s Pre-Trial Chamber II cited reasonable grounds for believing supreme leader Haibatullah Akhundzada and chief justice Abdul Hakim Haqqani were guilty of “ordering, inducing or soliciting the crime against humanity of persecution on gender grounds.”

    The warrants – the first ever on charges of gender persecution – are being hailed as an “important vindication and acknowledgement of the rights of Afghan women and girls”.

    But will they improve the plight of women and girls in Afghanistan, given the Taliban does not recognise the court or its jurisdiction?

    The signs are not good with the Taliban denying the allegations and condemning the warrants as a “clear act of hostility [and an] insult to the beliefs of Muslims around the world”.

    Erased from public life

    Strict rules and prohibitions have been imposed on the Afghan people since the Taliban returned to power in August 2021.

    Women and girls have been singled out for even worse treatment by reason of their gender.

    According the warrants, the Taliban has

    severely deprived, through decrees and edicts, girls and women of the rights to education, privacy and family life and the freedoms of movement, expression, thought, conscience and religion.

    Women are banned from public places and girls from attending school once they turn 12.

    Zahra Nader is the editor-in-chief of newsroom Zan Times which investigates human rights violations in Afghanistan. She says Afghan women and girls are being silenced, restricted and stripped of their basic human rights.

    It is this discriminatory system of control of woman and girls in Afghanistan that is at the core of the court’s prosecution.

    The warrants also accuse the Taliban of persecuting

    other persons who don’t conform with the Taliban’s ideological expectations of gender, gender identity or expression; and on political grounds against persons perceived as ‘allies of girls and women.

    This is the first time an international tribunal or court has confirmed crimes against humanity involving LGBTQIA+ victims. This marks an important milestone in the protection of sexual minorities under international law.

    Crimes against humanity

    International law clearly spells put the offences which constitute crimes against humanity.

    The aim is to protect civilians from serious and widespread attacks on their fundamental rights. Different definitions of crimes against humanity have been included in the statutes of a handful of international tribunals and courts.

    The definition under the Rome Statute of the International Criminal Court is the most comprehensive. It includes severe deprivation of personal liberty, murder, enslavement, rape, torture, forced deportation or apartheid.

    Specifically, the Taliban leaders are accused under Article 7(1)(h) of the Rome Statute, which states:

    Persecution against any identifiable group or collectivity on political, racial, national, ethnic, cultural, religious, gender […] or other grounds that are universally recognised as impermissible under international law.

    Physical and direct violence is not necessary for persecution on “gender […] grounds” to be established. Systemic and institutionalised forms of harm, which can be the imposition of discriminatory societal norms, are sufficient.

    Women and girls are often disproportionately affected by Taliban policies and rules. But proving gender-based crimes have occurred is not enough. Discriminatory intent must also be established.

    The Taliban has been open about its religious beliefs and interpretations, suggesting a clear intention to persecute on the grounds of gender.

    Not just symbolic

    As with other cases, the court relies on the cooperation of states to execute and surrender those accused.

    The interim government in Kabul which was formed after the US-led invasion in 2001 became a party to the Rome Statute in 2003. Afghanistan remains legally obligated to prosecute perpetrators of these crimes – it must accept the Court’s jurisdiction in the matter.

    The Purple Saturdays Movement, an Afghan women-led protest group, is warning the arrest warrants must be more than just symbolic. Any failure to prosecute would likely result in an escalation of human rights violations:

    The Taliban has historically responded to international pressure not with reform, but by intensifying such repressive policies.

    Hopeful step

    It is important to note the strict policies and widespread abuses targeting women and girls in Afghanistan are ongoing, despite the intervention by the International Criminal Court.

    The court’s Office of the Prosecutor is stressing its commitment to pursuing “effective legal pathways” to bring the Taliban leadership to account. The Afghan Women’s Movement in Exile wants an independent international judicial committee established to monitor and accelerate the legal process.

    It is not yet clear if the warrants will actually lead to arrest and prosecution in The Hague. But we know this is possible. A prime example being the the arrest earlier this year of former Philippines President Rodrigo Duterte.

    At the very least, the arrests warrants are a hopeful step towards accountability for the Taliban and justice for the women and girls of Afghanistan.

    Yvonne Breitwieser-Faria 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. In a world first, The Hague wants to arrest Taliban leaders over their treatment of women – what happens next? – https://theconversation.com/in-a-world-first-the-hague-wants-to-arrest-taliban-leaders-over-their-treatment-of-women-what-happens-next-261008

    MIL OSI Analysis –

  • MIL-OSI China: Starbucks China partners with Envision to reduce supply chain emissions

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

    Starbucks China announced a strategic partnership with green technology leader Envision Group on July 18 to develop a comprehensive carbon reduction model across the coffee chain’s supply network.

    Executives from Starbucks China and Envision Group pose during the announcement of their carbon reduction partnership at the third China International Supply Chain Expo in Beijing, July 18, 2025. [Photo courtesy of Starbucks China]

    The partnership, unveiled at the third China International Supply Chain Expo in Beijing, will use a digital carbon management platform to track emissions from Starbucks’ direct and indirect suppliers over the next three years. The platform aims to measure carbon footprints across thousands of Starbucks China products and then develop customized decarbonization strategies for suppliers throughout the supply chain.

    The collaboration expands an existing partnership between the companies focused on sustainable store operations. Starbucks China said the partnership reflects its long-term commitment to the Chinese market and shared development values.

    “After 26 years of deep roots in China, sustainability has become integral to every Starbucks store and every cup of coffee,” said Molly Liu, CEO of Starbucks China. “We look forward to collaborating in depth with Envision to move the supply chain behind our coffee toward sustainability together with Starbucks.”

    Liu said she hopes suppliers will apply decarbonization practices developed for Starbucks to broader operations, potentially driving green transformation across the food and beverage retail industry.

    “Today’s strategic partnership announcement represents our shared commitment to the planet’s future,” said Zhang Lei, Envision founder and chairman. “The warmth of coffee mirrors the warmth of technology. As a zero-carbon technology partner, Envision will help Starbucks build a greener, more sustainable supply chain to create a better world and more aromatic coffee.”

    The companies have already implemented sustainable technologies across more than 7,500 Starbucks stores in China. Starbucks stores nationwide use Envision’s smart IoT operating system to track energy consumption in real time. The system adjusts to individual store operations and peak business hours to optimize energy efficiency and reduce carbon emissions.

    At the Starbucks China Coffee Innovation Park in Kunshan, Jiangsu province, Envision installed a comprehensive zero-carbon energy system. The facility uses solar panels, energy storage technology, electric vehicle charging stations, and a digital energy management platform, combined with renewable electricity sourcing. The integrated systems aim to reduce energy consumption, lower operating costs and cut carbon emissions across the coffee innovation campus.

    The booth of Starbucks China at the third China International Supply Chain Expo in Beijing, July 18, 2025. [Photo/China.org.cn]

    Starbucks and Envision said the technology deployments at Starbucks facilities show how digital systems and green technology can transform supply chain operations, prompting the expanded partnership between the companies.

    Fu Baozong, deputy director of the International Cooperation Center at the National Development and Reform Commission, said he was pleased to see Starbucks partnering with Envision to establish a benchmark for green development through their supply chain decarbonization model.

    The partnership demonstrates the pivotal role of anchor enterprises in driving sustainable development, Fu said. He noted that under China’s carbon neutrality goals, all industries are pursuing green and low-carbon transformation.

    Suppliers account for about 70% of Starbucks’ total carbon emissions, making upstream supply chain decarbonization a critical challenge. Starbucks said it is addressing supply chain emissions while optimizing its own operations to lead industry-wide low-carbon transformation.

    Over the next three years, Starbucks and Envision will develop a supply chain carbon management platform for Starbucks China based on Envision’s EnOS Ark Carbon Management System. The platform will expand to all direct suppliers and key indirect suppliers, measuring carbon footprints across thousands of Starbucks products to create customized decarbonization plans.

    Starbucks will provide carbon emissions data across all operational areas for suppliers in food, dairy, logistics and packaging sectors, the company said.

    In dairy operations, which represent Starbucks’ largest emissions source, the company and Envision have developed a digital tool for sustainable dairy management in China. Pilot farms are implementing measures including renewable energy adoption, feed formula adjustments and precision feeding to manage carbon footprints and improve emission reduction strategies.

    The two companies said they hope their partnership will influence industry-wide decarbonization practices. Using models from their green stores and innovation park, Starbucks and Envision will share expertise with supply chain partners, the companies said.

    MIL OSI China News –

  • MIL-OSI Banking: Money Market Operations as on July 18, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 7,138.57 5.28 4.50-6.30
         I. Call Money 1,238.40 5.11 4.75-5.40
         II. Triparty Repo 3,345.50 5.22 5.00-5.30
         III. Market Repo 140.12 4.76 4.50-5.00
         IV. Repo in Corporate Bond 2,414.55 5.47 5.40-6.30
    B. Term Segment      
         I. Notice Money** 15,023.65 5.35 4.75-5.45
         II. Term Money@@ 596.00 – 5.35-5.70
         III. Triparty Repo 3,98,881.50 5.31 5.20-5.43
         IV. Market Repo 1,84,937.94 5.36 5.00-5.60
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Fri, 18/07/2025 7 Fri, 25/07/2025 2,00,027.00 5.49
    3. MSF# Fri, 18/07/2025 1 Sat, 19/07/2025 151.00 5.75
      Fri, 18/07/2025 2 Sun, 20/07/2025 0.00 5.75
      Fri, 18/07/2025 3 Mon, 21/07/2025 800.00 5.75
    4. SDFΔ# Fri, 18/07/2025 1 Sat, 19/07/2025 1,13,210.00 5.25
      Fri, 18/07/2025 2 Sun, 20/07/2025 0.00 5.25
      Fri, 18/07/2025 3 Mon, 21/07/2025 3,380.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -3,15,666.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       6,150.48  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     6,150.48  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -3,09,515.52  
    G. Cash Reserves Position of Scheduled Commercial Banks          
         (i) Cash balances with RBI as on July 18, 2025 9,91,739.51  
         (ii) Average daily cash reserve requirement for the fortnight ending July 25, 2025 9,63,288.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ July 18, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on June 27, 2025 5,79,904.00  

    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).

    – Not Applicable / No Transaction.

    ** Relates to uncollateralized transactions of 2 to 14 days tenor.

    @@ Relates to uncollateralized transactions of 15 days to one year tenor.

    $ Includes refinance facilities extended by RBI.

    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/744

    MIL OSI Global Banks –

  • MIL-OSI China: L’Oréal debuts at China Intl Supply Chain Expo, signs cooperation deal

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

    L’Oréal participated as the only multinational beauty company at the third China International Supply Chain Expo in Beijing last week, showcasing supply chain innovations under the theme “Connected with Beauty.”

    Lan Zhenzhen, president of public affairs for L’Oréal North Asia and China, speaks at the opening of the L’Oréal booth during the third China International Supply Chain Expo in Beijing, July 17, 2025. [Photo courtesy of L’Oréal]

    “A high-quality supply chain resembles a grand symphony that requires collective participation and multi-party collaboration to create perfect harmony,” said Lan Zhenzhen, president of public affairs for L’Oréal North Asia and China, on Thursday.

    Lan said supply chains create “bonds of empathy” and “shared success,” pointing to L’Oréal’s partnerships with more than 1,600 Chinese suppliers that drive employment, advance sustainability and bring Chinese innovations to global markets.

    During the expo, L’Oréal and the China Association for Bar Code Technology and Application announced a strategic partnership to collaborate on cosmetic QR code technology development, talent training and global digital transformation. The cooperation will advance industry-wide QR code standardization and promote China’s technical expertise globally, they said.

    Representatives from L’Oréal and the China Association for Bar Code Technology and Application sign an agreement at the L’Oréal booth during the third China International Supply Chain Expo in Beijing, July 17, 2025. [Photo courtesy of L’Oréal]

    Kong Hongliang, chairman of the China Association for Bar Code Technology and Application, said the collaboration will focus on improving and globally promoting the cosmetics QR code standard system, establishing a digital system covering the entire industrial chain to enhance supply chain efficiency and accelerating industry visualization to build a “one-code traceability” trust system.

    The partnership represents an upgraded collaboration following the organizations’ 2023 joint development and release of QR code representation standards for cosmetic retail units. Since publication, the standards have been widely adopted by companies implementing digital upgrades, the association said.

    “This partnership not only deepens standard co-development but marks a milestone in global cosmetic supply chain digital transformation,” Kong said.

    The L’Oréal booth at the third China International Supply Chain Expo. [Photo courtesy of L’Oréal]

    At its booth, L’Oréal displayed three sections showcasing its consumer-focused supply chain system, collaborative achievements with partners, and extensions of local partnerships to international markets.

    L’Oréal operates 32 beauty brands in China through two production centers, one operations hub, one research and development center, one packaging facility, and a logistics network spanning more than 20 regional distribution centers serving over 100 million consumers, the company said.

    L’Oréal China said every job it creates generates 20 additional positions across its value chain, including raw material procurement, logistics and beauty services.

    The company’s Big Bang Beauty Tech Innovation Program has engaged more than 2,240 firms, while driving over 95% of its Chinese suppliers to participate in carbon disclosure and sustainability assessments.

    MIL OSI China News –

  • MIL-OSI China: Wacker demos EV battery gear, AI cooling tech at supply chain expo

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

    A view of Wacker’s exhibition stand at the third China International Supply Chain Expo in Beijing, July 17, 2025. [Photo by Xu Xiaoxuan/China.org.cn]

    German chemical company Wacker Chemie AG showcased four new technologies for electric vehicles and data centers at its debut appearance at the China International Supply Chain Expo (CISCE) in Beijing last week.

    “Wacker’s debut at CISCE features our latest products and technical solutions developed to support industrial development in China,” said Alvin Hu, president of Wacker China.

    “We remain firmly committed to long-term investment in the Chinese market and believe the expo serves as a vital platform for Wacker to collaborate with Chinese partners, drive innovation and shape future cooperation,” Hu added.

    Wacker unveiled a new flame-retardant silicone rubber developed to protect EV battery components. The material transforms into ceramic at extreme temperatures of 1,000 degrees Celsius, creating a barrier that blocks flame spread while maintaining insulation.

    The company also showcased a thermal interface material for automotive semiconductor packaging. The material withstands temperature swings from minus 40 C to 180 C and maintains stable performance under prolonged high-temperature conditions.

    “As a global leader in silicone manufacturing, Wacker has long been dedicated to the automotive sector, continuously advancing silicone applications in new energy vehicles to support the industry’s transformation,” said Rick Wu, vice president of Construction and Coatings at Wacker Silicones and vice president of Wacker China. 

    Wu said the company plans to collaborate closely with partners across China’s thriving new energy vehicle supply chain to provide materials and solutions for sustainable market growth.

    The company is also targeting China’s booming data center market with silicone-based immersion cooling fluids developed by its Chinese research team. The technology addresses overheating problems in AI servers that traditional air-cooling systems struggle to solve.

    Liu Xuelin, vice president of Wacker China, said the company’s products and technologies are widely used across emerging industries, and that Wacker will use the CISCE platform to explore new applications in China’s industrial sectors and seek partnerships for growth.

    MIL OSI China News –

  • MIL-OSI China: Qinghai-Tibet Plateau a timeless magnet for travelers

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

    Dressed in vibrant outfits, Li Xiaochao and her daughter beamed at the camera, joyfully exclaiming, “We’re at Namtso, and we’re so excited!” The dazzling blue lake shimmered behind them, framed by the snow-capped Mount Nyainqentanglha.

    Located in southwest China’s Xizang Autonomous Region, Namtso Lake is regarded by Tibetans as the “heavenly lake.” Standing at an elevation of 4,718 meters, it is the highest saltwater lake in the world.

    Traveling all the way from Cangzhou in north China’s Hebei Province, Li and her group spent the past week exploring some of Xizang’s most famous landmarks, including the Jokhang Temple, Potala Palace, the Yarlung Zangbo River Grand Canyon, and the Mount Qomolangma scenic area.

    “This is actually my second time in Xizang, and my first visit was back in 2008,” Li said.

    “The changes over the past 17 years have been incredible. The development here has been rapid, the locals are as warm and welcoming as ever, and the infrastructure has improved tremendously. Even after all these years, my experience this time has been just as wonderful,” she added.

    Renowned for its breathtaking scenery, Namtso Lake attracted 5.11 million domestic and international tourists between 2014 and 2024.

    “As of mid-July this year, we have welcomed about 150,000 tourists,” said Zhang Longquan, chairman of the Namtso Lake scenic area protection and development company, noting that the company’s revenue has boosted local livelihoods by creating jobs, such as hiring herdsmen to provide horses and yaks for tourists, and by distributing dividends to them.

    “I earn about 9,000 yuan (about 1,259 U.S. dollars) per month without having to work far from home,” said Sigya, 26, a resident of a nearby village.

    To better protect the lake’s ecosystem, the company has upgraded the surrounding infrastructure, including introducing eco-friendly public toilets and electric sightseeing buses. “Wildlife diversity in the area has significantly increased in recent years,” Zhang said.

    About 500 km away, the Sapukonglagabo Mountain scenic area in Biru County, Nagqu City, is famous for its magnificent snow-capped mountains, spectacular glaciers, and abundant wildlife. Its main peak soars to nearly 7,000 meters above sea level.

    Wang Liming and her family, who have been on a road trip through several provinces, arrived at the scenic area on Saturday.

    “Despite the challenges of altitude sickness, the stunning landscapes of the Qinghai-Tibet Plateau always leave us in awe. The climate here is wonderful and the intangible cultural heritage performances by Tibetan artists are truly unique,” said Wang, who comes from northeast China’s Liaoning Province. “The exhaustion of the long drive was absolutely worth it.”

    Drolma, a local resident of Biru County, spent her weekend picnicking with family in the scenic area. “We are so happy to see more tourists from home and abroad visiting Xizang. Many locals have jumped on the tourism bandwagon, increasing their incomes as the industry grows,” she added.

    “The Qinghai-Tibet Plateau, known as ‘world’s third pole,’ spans vast regions including Xizang and Qinghai Province, boasting unique natural resources and magnificent landscapes that have long captivated global travelers,” said Luo Hui, an associate researcher of the China Tibetology Research Center.

    “In recent years, the central government and local authorities in Xizang have vigorously promoted the high-quality development of the tourism industry. Through measures such as introducing supportive policies, creating distinctive tourism brands, and optimizing diverse travel routes, they are striving to make the region a world-class tourist destination,” Luo added.

    In the first half of this year, Xizang saw 31.28 million tourist visits, up 11.67 percent year on year, according to the regional culture and tourism department. Of the total, inbound tourist arrivals surged 31.2 percent to 196,400.

    Tourism revenue in the region totaled 31.55 billion yuan in the same period, marking a 10.18 percent year-on-year increase. 

    MIL OSI China News –