NewzIntel.com

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

Category: Scandinavia

  • MIL-OSI Asia-Pac: Dr Jitendra Singh addresses 11th India Sweden Innovation Day;

    Source: Government of India (2)

    Dr Jitendra Singh addresses 11th India Sweden Innovation Day;

    Calls for bilateral collaboration at multiple levels, including Govt to Govt, industry to industry and academia to academia

    India climbing rapidly on innovation indices; In GII 2024, India ranks 1st among the 10 economies in Central and Southern Asia and 39th among the 133 economies: the Minister

    Posted On: 14 OCT 2024 4:51PM by PIB Delhi

    Union Minister of State (Independent Charge) for Science and Technology, Minister of State (I/C) for Earth Sciences, MoS PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Dr Jitendra Singh has called for bilateral collaboration between India and Sweden at multiple levels. He said, Sweden is one of the global leaders in innovation. In Global Innovation Index (GII) 2024, Sweden ranks 2nd among the 39 economies in Europe and among the 133 global economies featured in the GII 2024.

    Dr Jitendra Singh was addressing the 11th India Sweden Innovation Day (ISID) function. The theme for 2024 is “Accelerating Green Growth for Inclusive Transition”.

    Informing the audience about the growth of the country in the field of innovation, Dr Jitendra Singh said, “India is climbing rapidly on innovation indices. In GII 2024, India ranks 1st among the 10 economies in Central and Southern Asia and 39th among the 133 economies, he said.

    Similarly, on the other hand, the Union Minister noted that Sweden too is one of the global leaders in innovation. In Global Innovation Index (GII) 2024, Sweden ranks 2nd among the 39 economies in Europe and among the 133 global economies featured in the GII 2024, he said. He expressed hope that the country will certainly catch the top echelons of the world in the years to come.

    Speaking about the Prime Minister Shri Narendra Modi aiming at global benchmarks in research and innovation, the Minister said, “Prime Minister Shri Narendra Modi has already announced the net zero carbon footprint target of 2070 and therefore I think India and Sweden can cooperate and collaborate at different levels both government as well as non-government sector.” There is a bundle of scope for the two nations for joint research calls to collaborate on deliverable research, academia, innovation and industrial entrepreneurship, including startups.

    Speaking about strides in the sector, Dr Jitendra Singh mentioned, “I am also proud to note that over the last ten years, under the patronage of Prime Minister Shi Narendra Modi, there has been a special impetus and high prioritisation as far as science technology innovation is concerned. India Today is it in a position to claim to be a frontline nation in different areas, for example the space sector we plan to send a human being next year, the first human mission indigenously developed by India, and at the same time next year we hope to send on Indian human 6,000 metre deep as a part of the deep-sea mission.

    Research & Innovation have been the important aspect of the flourishing India Sweden partnership. The 11th edition of ISID reflects the ongoing importance & success of our ongoing partnerships. The continued presence of the Minister at the ISID inauguration since 2021 is a strong signal of the importance attached by India to its innovation partnership with Sweden.

    Several Indian and Swedish government agencies partnering and jointly funding these calls (eg. DST, DBT). That includes extensive and growing research cooperation between Indian and Swedish universities. Leading Swedish universities like Karolinska, KTH, Chalmers and others have ongoing cooperation with leading Indian universities. This can be further strengthened by involving the private sector also.

    In addition, several Swedish companies carry out R&D and innovation in India. Alkem Laboratories, which is pioneering the high-tech medical devices segment, has partnered with Swedish company Biosergen for clinical trials of fungal diseases. There is also growing cooperation between research, education, government and private sector in India, including vaccines, digital public infrastructure and defence.

    Use of Technology & innovative solutions scaling up Development interventions in the country, Dr Jitendra Singh said, “India and Sweden are strengthening partnership in green technology through initiatives like LeadIT 2.0, focusing on low-carbon industrial transitions, sustainable energy, and smart transport.” This collaboration, highlighted at COP28, supports green innovations in sectors like steel, cement, and aviation, aiming for net-zero emissions by 2050.

    Venus Mission – Sweden has officially joined ISRO’s Venus Orbiter Mission (VOM). The Swedish Space Corporation (SSC) and the Indian Space Research Organisation (ISRO) are collaborating on a Venus mission. The Swedish Institute of Space Physics (IRF) will provide ISRO with the Venusian Neutrals Analyser (VNA), a lightweight and low-power yet highly effective energetic neutral atom (ENA) analyser.

    India’s active participation in several international Mega Science projects – capabilities of Indian scientists, engineers and companies. Going forward, the Minister said, “India, an unmatched source for Innovation, R&D and Talent and there is huge scope for bilateral collaboration for scalable, cost-effective development solutions for energy and health challenges.”

    The event was well attended by senior officials, innovators, industry leaders and academia of the both countries, which was also addressed by Vice Prime Minister and Minister for Energy and Enterprise of Sweden Ms Ebba Busch. Ambassador of Sweden to India, Mr Jan Thesleff also took part through video conferencing.

    ****

    NKR/DK/AG

    (Release ID: 2064688) Visitor Counter : 71

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI United Nations: Human Rights Committee Opens One Hundred and Forty-Second Session in Geneva

    Source: United Nations – Geneva

    The Human Rights Committee today opened its one hundred and forty-second session, during which it will examine the reports of Ecuador, France, Greece, Iceland, Pakistan and Türkiye on their implementation of the provisions of the International Covenant on Civil and Political Rights.

    In opening remarks, Dimiter Chalev, Chief, Rule of Law, Equality and Non-Discrimination Branch, Office of the High Commissioner for Human Rights, and Representative of the Secretary-General, said he was pleased that all the annual sessions of the treaty bodies could take place this year despite the current liquidity situation facing the United Nations, including the Committee’s one-week working group on communications.  This session was taking place amidst escalating human rights concerns in the context of widening inequalities throughout the world, war on various continents, and an unprecedented electoral year in which nearly half of the world’s population was called upon to vote.  The Committee’s work was essential in ensuring that the voices of the marginalised were heard, that violations were documented, and that States parties were reminded of their obligations under the Covenant. 

    With respect to developments specifically related to civil and political rights, several key reports were considered by the Human Rights Council during its most recent session that ended last Friday.  The High Commissioner’s report on terrorism and human rights focused on the increased use of administrative measures in counter-terrorism, and drew from the Committee’s recommendations to many States.  The Council was also presented with a study by the Office of the High Commissioner on the role of the rule of law and accountability, at the national and international levels, which emphasised the critical role of the rule of law and accountability in preventing human rights violations and abuses.  

    The High Commissioner also presented his report on racial justice and equality, in which he highlighted multiple and intersecting forms of discrimination experienced by Africans and people of African descent in various regions.  The Expert Mechanism to advance racial justice and equality in law enforcement presented its report on justice, accountability and redress for human rights violations committed by law enforcement officials against Africans and people of African descent.  It was noteworthy that these reports specifically referenced the work of the Committee, including its general comments and Views.  As these reports demonstrated, the work of the Committee provided a vital legal and moral framework that empowered mechanisms to hold States accountable for violations of civil and political rights.

    Mr. Chalev noted the increased collaboration between the Committee and the Expert Mechanism on the Rights of Indigenous Peoples, demonstrated by the participation of a Committee member in this year’s Expert Mechanism seventeenth annual session.  

    The first report of the Secretary-General on the human rights implications of digital technologies and artificial intelligence in the administration of justice related to the Committee’s mandate.  The report had recently been issued and would be presented to the General Assembly at the current session.  For example, one of the recommendations was that in their reports to treaty bodies, States could provide information on the design, use and deployment of digital technology and artificial intelligence in their justice systems.  Such information would increase transparency and allow the Committee to provide oversight and guidance on the compatibility of such technology with the provisions of the Covenant.  Almost one month ago, the General Assembly adopted the Pact for the Future, described as a “groundbreaking pact . . . to transform global governance.”  While waiting to learn the precise implications of the Pact for the treaty bodies, the renewed commitment to human rights was welcomed.

    This marked the last session of four members whose terms would end at the end of the year and their service was deeply appreciated.  This session, the Committee would examine the implementation of the Covenant in six States parties, adopt one list of issues and six list of issues prior to reporting, and review several individual communications under the Optional Protocol.  Mr. Chalev wished the Committee a successful and productive session.

    The Committee adopted its agenda and programme of work for the session.

    Tania Abo Rocholl, Committee Chairperson, thanked Mr. Chalev for the opening statement and said the issues he had raised were key to the Covenant and the Committee took them very seriously.  The Committee wanted to thank the Office of the High Commissioner for the efforts made for the success of the Committee’s sessions.  Last year had been one of great challenges for the Office, and it was hoped they could work hand in hand towards the common goal of better human rights across the world. 

    Wafaa Bassim, Committee Expert and Chair of the working group on communications, presented the working group’s report for the one hundred and forty-second session.  The working group had considered 19 drafts relating to 297 communications, which was a record number of communications examined at one single session by any Committee.  The Working Group also considered communications raising new and complex issues such as the jurisdiction in situations of sub-contracted immigration detention facilities in another State, the assessment of special penitentiary regimes imposed on specific groups of sentenced individuals, birth registration, and intra-family rape of girls, among others.  The Committee also considered communications and covered issues relating to non-refoulement and deportation, freedom of religion, fair trial, and arbitrary detention, among others.  The Working Group was putting for consideration of the plenary seven drafts of inadmissibility, one simplified draft with a finding of violation, and 11 drafts proposing a violation of the provisions in the Covenant.

    The Human Rights Committee’s one hundred and forty-second session is being held from 14 October to 7 November 2024.  All the documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet in public at 3 p.m. on Tuesday, 15 October, to begin its consideration of the sixth periodic report of Iceland (CCPR/C/ISL/6).

     

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CCPR24.020E

    MIL OSI United Nations News –

    January 23, 2025
  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 14.10.2024

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    14 October 2024 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 14.10.2024

    Espoo, Finland – On 14 October 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 1,318,062 4.01
    CEUX 791,646 4.01
    BATE – –
    AQEU – –
    TQEX – –
    Total 2,109,708 4.01

    * Rounded to two decimals

    On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing the number of shares to be repurchased during the year 2024. The post-increase repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 22 July 2024 and end by 31 December 2024 with a maximum aggregate purchase price of EUR 600 million for all purchases during 2024.

    Total cost of transactions executed on 14 October 2024 was EUR 8,460,351. After the disclosed transactions, Nokia Corporation holds 167,654,631 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

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

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

    Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 40 803 4080
    Email: investor.relations@nokia.com

    Attachment

    • Daily Report 2024-10-14

    The MIL Network –

    January 23, 2025
  • MIL-OSI Europe: Rwanda: EIB Global Backs Akagera Vaccine Development

    Source: European Investment Bank

    EIB

    • €2 million support unlocks early-stage development of vaccine manufacturing.
    • Investment to accelerate development of vaccines against tuberculosis, HIV, Ebola and other diseases

    Early-stage vaccine development in Rwanda by Akagera Medicines Africa Limited will be supported by €2 million financing from the European Investment Bank (EIB Global). The new backing will accelerate research and development as well as manufacturing of new vaccines to treat infectious diseases including tuberculosis, HIV, Lassa fever, and Ebola.

    The new financing will also be used to strengthen technical skills and expertise of Rwanda based teams to support home-grown discovery, manufacturing, and development of vaccine delivery systems within Rwanda.

    The latest health financing from the EIB Global is part of the wider EU Global Gateway initiative for Africa and is designed to unlock crucial investment to improve access to public healthcare. EIB Global supports high impact investment to enhance healthcare and pharmaceutical manufacturing across Africa, strengthen health resilience on the continent, and support equitable access to healthcare in Africa.

    Africa bears the highest disease burden globally and more home-grown or continent based solutions need to be supported. Vaccination is a critical activity to ensure and guide investments in universal health and has a crucial role to play in achieving 14 of the 17 United Nations Sustainable Development Goals.

    Akagera Medicines, Africa was established in Rwanda in July 2022 to develop the pharmaceutical sector in Rwanda and elsewhere in Africa. The company is majority-owned by the Republic of Rwanda through the Rwanda Social Security Board (RSSB).

    Speaking at the World Health Summit in Berlin, Germany, where the financing announcement was made, Michael Fairbanks, Chief Executive Officer of Akagera Medicines said: “We are a public private partnership and enjoy the support of Coalition for Epidemic Preparedness Innovations (CEPI) in Norway, the Gates Foundation, and the National Institute of Health in Washington. With the significant support of the European Investment Bank, we are now a clinical company and moving faster to build human capacity and specialized infrastructure in Africa to support vaccine development. “

    RSSB CEO, Regis Rugemanshuro said: “European Investment Bank’s financial support to Akagera Medicines represents an important contribution to the realization of Rwanda’s vision to become a biotech hub, and to the vision of Africa becoming self-reliant in vaccine and medicine manufacturing. RSSB is looking forward to deepening partnerships with EIB and other international institutions to build resilient healthcare ecosystems in Rwanda and in Africa.”

    EIB Vice President, Thomas Ostros said: “The partnership with Akagera demonstrates the European Investment Bank’s close cooperation with public and private partners to accelerate development of innovative solutions for combating deadly diseases and scaling up healthcare financing and delivery. The EIB is committed to further strengthening our partnership with local and international players, to scale up investment and support innovative technology together.”

    EU Ambassador to Rwanda Belen Calvo Uyarra, said: “Through Global Gateway, the EU is focused on advancing equitable access to health products and local manufacturing in Africa. This investment by EIB with Akagera Medicines marks another important milestone on this journey.”

    The financing to Akagera complements other EU initiatives in Rwanda and the region under the Global Gateway Flagship – Manufacturing and Access to Vaccines, Medicines and Health Technologies (MAV+), which focus mainly on supporting the necessary ecosystem for vaccine manufacturing.

    This is supported by the EU-Africa Infrastructure Trust Fund (EU-AITF), established to increase investment in infrastructure in Sub-Saharan Africa dedicated to projects in Africa with the aim of reducing poverty and fostering economic growth in the region.

    Background information

    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals.

    EIB Global is the EIB Group’s specialised arm devoted to increasing the impact of international partnerships and development finance, and a key partner in Global Gateway. We aim to support €100 billion of investment by the end of 2027, around one third of the overall target of this EU initiative. With Team Europe, EIB Global fosters strong, focused partnerships, alongside fellow development finance institutions and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices around the world.

    About Akagera:

    Akagera Medicines develops novel liposomal formulations of drugs to treat tuberculosis, RSV, influenza, avian flu, and HIV. The clinical stage company was founded in 2018 in Kigali, Rwanda. It is well-funded, majority-owned by the people of Rwanda through the Rwanda Social Security Board (RSSB), registered as a Delaware corporation, and has laboratories in Boston and San Francisco. Akagera registered a 100%-owned subsidiary in Kigali in 2022 to do manufacturing and clinical trials. Founding board members include Ambassador Dr. Albrecht Conze, Dr. Paul Farmer, and Dr. Donald Kaberuka. Dr. Daryl Drummond and Dr. Dimitri Kirpotin are cofounders who translate their successful delivery system from oncology to infectious diseases.

    EIB Global Backs Akagera Vaccine Development in Rwanda
    EIB Global Backs Akagera Vaccine Development in Rwanda
    ©EIB
    Download original
    EIB Global Backs Akagera Vaccine Development in Rwanda
    EIB Global Backs Akagera Vaccine Development in Rwanda
    ©EIB
    Download original
    EIB Global Backs Akagera Vaccine Development in Rwanda
    EIB Global Backs Akagera Vaccine Development in Rwanda
    ©EIB
    Download original
    EIB Global Backs Akagera Vaccine Development in Rwanda
    EIB Global Backs Akagera Vaccine Development in Rwanda
    ©EIB
    Download original

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Europe: Written question – Contempt for the Prespa Agreement shown towards 12 EU ambassadors and four representatives of European bodies – E-001967/2024

    Source: European Parliament

    Question for written answer  E-001967/2024
    to the Council
    Rule 144
    Nikolaos Anadiotis (NI)

    From the date when she was sworn in on 12 May 2024 until the present, President Gordana Siljanovska, as ‘President of Macedonia’, has been engaged in violating the Prespa Agreement. From the very first of her meetings in the city of Skopje with ambassadors of Member States (Czechia, Bulgaria, Slovenia, Poland, Hungary, Netherlands, Italy, Belgium, Slovakia, Germany, Croatia and Sweden) and representatives of European bodies [the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the OSCΕ and the European External Action Service (EEAS)], among others, she issued official communications that referred to the country as ‘Macedonia’.

    Five hundred incidents of this kind have been recorded; they are not merely violations, but constitute systematic ‘material breaches’, according to the international terminology[1]. It should be borne in mind that, pursuant to the 1969 Vienna Convention on the Law of Treaties, for a bilateral treaty, when one party is in ‘material breach’ of the treaty the other party is entitled to request the suspension and termination of that treaty (Article 60(1)).

    In view of the above:

    • 1.Is the Council aware of the contempt for the Prespa Agreement, the Member States and the European institutions shown by President Siljanovska, who is a head of state, and what is more, of a country that is a candidate for accession?
    • 2.How does it intend to formally express its displeasure?

    Submitted: 4.10.2024

    • [1] https://www.epitropiellinismou.gr/post/3080
    Last updated: 14 October 2024

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Europe: Written question – Contempt for the Prespa Agreement shown towards 12 EU ambassadors and four representatives of European bodies – E-001966/2024

    Source: European Parliament

    Question for written answer  E-001966/2024
    to the Commission
    Rule 144
    Nikolaos Anadiotis (NI)

    From the date when she was sworn in on 12 May 2024 until the present, President Gordana Siljanovska, as ‘President of Macedonia’, has been engaged in violating the Prespa Agreement. From the very first of her meetings in the city of Skopje with ambassadors of Member States (Czechia, Bulgaria, Slovenia, Poland, Hungary, Netherlands, Italy, Belgium, Slovakia, Germany, Croatia and Sweden) and representatives of European bodies [the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the OSCΕ and the European External Action Service (EEAS)], among others, she issued official communications that referred to the country as ‘Macedonia’.

    Five hundred incidents of this kind have been recorded; they are not merely violations, but constitute systematic ‘material breaches’, according to the international terminology[1]. It should be borne in mind that, pursuant to the 1969 Vienna Convention on the Law of Treaties, for a bilateral treaty, when one party is in ‘material breach’ of the treaty the other party is entitled to request the suspension and termination of that treaty (Article 60(1)).

    In view of this:

    • 1.Is the Commission aware of the contempt shown by President Siljanovska for the Prespa Agreement, the Member States and the European institutions, despite the fact that she is a head of state, and what is more, of a country that is a candidate for accession?
    • 2.How does it intend to formally express its displeasure?

    Submitted: 4.10.2024

    • [1] https://www.epitropiellinismou.gr/post/3080
    Last updated: 14 October 2024

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI: Nokia, Windstream Wholesale and Colt Technology Services join forces to complete world’s first ultra-fast 800GbE optical and IP service trial connecting London and Chicago

    Source: GlobeNewswire (MIL-OSI)

    Press release
    Nokia, Windstream Wholesale and Colt Technology Services join forces to complete world’s first ultra-fast 800GbE optical and IP service trial connecting London and Chicago

    • Transatlantic partnership extends potential for capacity, speed and latency while reducing power usage on popular Europe/US route.
    • Service trial spanned 8500km subsea and terrestrial route over live production network.
    • 800GbE can support advanced network applications like AI data center networking, content delivery networks, and financial data hub connections.

    14 Oct 2024
    Espoo, Finland – Nokia, Windstream Wholesale (WW), an optical technology leader in advanced network solutions, and Colt Technology Services (Colt) today announced the successful completion of a world-first 800 Gigabit Ethernet (800GbE) service trial connecting London, UK with Chicago, US across an 8500km subsea and terrestrial route over the production network. The trial showcased innovative power-saving networking technologies from the three global tech businesses to test the boundaries of next-generation wavelength, capacity, speed and latency between two of the world’s largest financial trading hubs.

    The field trial involved connecting one of Colt’s five powerful transatlantic subsea cables and part of its extensive terrestrial fiber optic network with Windstream Wholesale’s domestic U.S. low latency, optical fiber Intelligent Converged Optical Network (ICON) monitoring speed and performance. Together, Colt and Windstream Wholesale have partnered to demonstrate the world’s first transoceanic 800 gigabit ethernet (GbE) end-to-end service transport from router to router over 1Tbps optical transport. The trial was successfully delivered using Nokia’s pioneering sixth-generation Photonic Service Engine (PSE-6s) coherent optics and 7750 Service Router (SR) high-performance routing platforms boosting internet service speeds and supporting ultra-high wavelength capacity, while maintaining power efficiency.

    800G marks a breakthrough in service bandwidth, doubling capacity to support advanced network applications like AI data center networking, content delivery networks, and financial data hub connections.

    Buddy Bayer, Chief Operating Officer of Colt Technology Services, said: “Pushing the boundaries of technology innovation is a fundamental part of our customer commitment: it means we stay a step ahead of the market, so we’re ready when our customers ask, “What’s next for us?” This trial has seen us build a powerful industry collaboration to explore the ‘what’s next?’. It’s tested the limits of infrastructure performance and capability across thousands of miles of land and sea with incredible networking technologies, and it’s demonstrated the power and potential of what can be achieved, without skipping a beat.”

    Joe Scattareggia, President of Windstream Wholesale, said: “Our latest innovation represents a true game-changer for global connectivity. By partnering with two extraordinary leaders in the industry, we’re enabling unprecedented bandwidth capabilities that are essential for driving AI-powered applications worldwide for our customers. As an optical technology leader, Windstream Wholesale and our partners are establishing 800GbE as the next evolutionary advancement increase for wave services. This collaboration has pushed the boundaries of what’s possible, creating a network solution like no other. Together, we’re not just meeting the demands of the future—we’re shaping it.”

    Federico Guillén, President of Network Infrastructure at Nokia, said: “Such an ambitious project — to link two of the world’s most important financial hubs — sets the bar very high for network capacity, speed, security and reliability. This demonstration would simply not have been possible without the commitment of Nokia and our partners to the highest standards of innovation in networking technology. Together, we are redefining the art of the possible for IP and optical networks enabling cross-continental subsea and terrestrial communications.”

    Following the successful completion of the trial, the organizations are currently exploring options to bring 800GbE connectivity services to market for global business customers.

    Resources and additional information 
    Webpage: Nokia PSE-6s
    Webpage: Nokia Optical Networks

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

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

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

    About Colt Technology Services

    Colt Technology Services (Colt) is a global digital infrastructure company which creates extraordinary connections to help businesses succeed. Powered by amazing people and like-minded partners, Colt is driven by its purpose: to put the power of the digital universe in the hands of its customers, wherever, whenever and however they choose.
    Since 1992, Colt has set itself apart through its deep commitment to its customers, growing from its heritage in the City of London to a global business spanning 40+ countries, with over 6,000 employees and more than 80 offices around the world. Colt’s customers benefit from expansive digital infrastructure connecting 32,000 buildings across 230 cities, more than 50 Metropolitan Area Networks and 250+ Points of Presence across Europe, Asia, the Middle East, Africa and North America’s largest business hubs.

    Privately owned, Colt is one of the most financially sound companies in the sector. Obsessed with delivering industry-leading customer experience, Colt is guided by its dedication to customer innovation, by its values and its responsibility to its customers, partners, people and the planet.

    For more information, please visit http://www.colt.net

    About Windstream Wholesale

    Windstream Wholesale is an innovative optical technology leader that delivers fast, flexible, and customized wavelength and dark fiber solutions to carriers, content providers, and hyperscalers in the U.S. and Canada. Windstream Wholesale is one of three brands managed by Windstream. The company’s quality-first approach connects customers to new opportunities and possibilities by delivering a full suite of advanced communications services. Windstream also offers fiber-based broadband to residential and small business customers in 18 states as well as managed cloud communications and security services to mid-to-large enterprises and government entities across the U.S. Windstream is a privately held company headquartered in Little Rock, Ark. Additional information about Windstream Wholesale is available at windstreamwholesale.com. Follow us on X (Twitter) @Windstream and LinkedIn at @Windstream.

    To view the Windstream Wholesale network map, visit https://www.windstreamwholesale.com/wp-content/uploads/2022/05/Windstream-Wholesale-National-Network.pdf

    Media inquiries

    Nokia
    Sarah Miller
    Phone: 613-720-9716
    Email: sarah.miller@nokia.com

    Colt
    Anne Amlot
    Email: Anne.Amlot@colt.net

    Windstream
    Scott Morris
    Phone: 501-748-5342
    Email: scott.l.morris@windstream.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

    January 23, 2025
  • MIL-OSI Europe: Nordic-Baltic foreign ministers to visit Moldova

    Source: Government of Sweden

    Nordic-Baltic foreign ministers to visit Moldova – Government.se

    Please enable javascript in your browser

    Press release from Ministry for Foreign Affairs

    Published 14 October 2024

    On 15 October 2024, the Nordic-Baltic countries’ foreign ministers will travel to Moldova. The visit comes ahead of the concurrent presidential elections and referendum on Moldova’s future relations with the European Union on 20 October. The Nordic-Baltic ministers are showing support for Moldova’s reforms and resilience in the face of intensifying hybrid attacks, and will share their experiences of membership and close relations with the European Union.

    “As Moldova prepares to decide on its future, the Nordic-Baltic countries stand firmly behind the right of all Moldovans to make their choice freely and independently. As relatively small, export-oriented countries located near or along the EU’s eastern border, we have important insights to share about the EU. We hope that our experiences will help Moldovans make their decision based on facts, not fears,” says Sweden’s Minister for Foreign Affairs and Coordinator of the Nordic Baltic cooperation format Maria Malmer Stenergard. 

    The delegation will meet Moldova’s Prime Minister Dorin Recean and Minister of Foreign Affairs Mihai Popşoi to discuss Moldova’s EU accession process and explore areas of further cooperation. The Nordic-Baltic countries have committed significant resources in support of Moldova’s reforms, efforts to strengthen democratic institutions and the country’s energy security, as well as humanitarian assistance. In 2023, this support amounted to 128.4 million EUR. The ministers will visit several regions in Moldova, where they will meet with members of the public and share their experiences about the EU. 

    The Nordic-Baltic countries are also committed to strengthening Moldova’s resilience in the face of intensifying hybrid attacks ahead of the referendum and the significant humanitarian and economic implications of Russia’s illegal war of aggression against Ukraine. During the visit, the delegation will sign a memorandum of understanding with Moldova on strengthening institutional capacity. The memorandum covers cooperation, coordination and information sharing, including support to modernise the situation-monitoring room in the Moldovan Ministry of Foreign Affairs.

    Press contact

    Nordic-Baltic cooperation

    In 2024, Sweden is serving as Coordinator of the informal foreign and security cooperation format of the Nordic and Baltic countries (NB8). The Nordic-Baltic foreign ministers last visited Moldova in April 2023, when Latvia was Coordinator of the NB8.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-Evening Report: Does drinking coffee while pregnant cause ADHD? Our study shows there’s no strong link

    Source: The Conversation (Au and NZ) – By Gunn-Helen Moen, Post-doctoral research fellow in genetic epidemiology, The University of Queensland

    Velishchuk/Shutterstock

    International guidelines recommend people limit how much coffee they drink during pregnancy. Consuming caffeine – a stimulant – while pregnant has been linked to how the baby’s brain develops.

    Some studies have shown increased coffee consumption during pregnancy is associated with the child having neurodevelopmental difficulties. These may include traits linked to attention-deficit hyperactivity disorder (ADHD), such as difficulties with language, motor skills, attention, hyperactivity and impulsive behaviour.

    But is coffee the cause? Our new research aimed to clear up the sometimes confusing advice about drinking coffee during pregnancy.

    We studied tens of thousands of pregnant women over two decades. The results showed – when other factors like genes and income were accounted for – no causal link between drinking coffee during pregnancy and a child’s neurodevelopmental difficulties. That means it’s safe to keep drinking your daily latte according to current recommendations.

    What we were trying to find out

    Past research has identified a link between drinking coffee during pregnancy and a child’s neurodevelopmental difficulties. But it hasn’t been able to establish caffeine as the direct cause.

    Biological changes during pregnancy reduce caffeine metabolism. This means the caffeine molecules and metabolites (the molecules produced while breaking down the caffeine) take longer to be cleared from the body.

    Additionally, past studies have shown caffeine and its by-products can cross the placenta. The fetus does not have the necessary enzymes to clear them, and so it was thought that caffeine metabolites may impact the developing baby.

    However it can be hard to identify whether coffee directly causes changes to the fetus’s brain development. Pregnant women who drink coffee may differ from those who don’t in a number of other ways. And it could be these variables – not coffee – that affect neurodevelopment.

    These variables, known as “confounding factors” might include how much people drink or smoke while pregnant, or a parent’s income and education. For example, we know people who tend to drink coffee also tend to drink more alcohol and smoke more cigarettes than those who don’t drink coffee.

    Our study aimed to look at the effect of drinking coffee on neurodevelopmental difficulties, isolated from these confounding factors.

    What we did

    We know genes play a role in how many cups of coffee a person consumes per day. Our study used genetics to compare the development of children whose mothers did and did not carry genes linked to increased coffee consumption.

    The study looked at tens of thousands of families registered in the Norwegian Mother, Father and Child Cohort Study. All pregnant women in Norway between 1999 and 2008 were invited to participate and 58,694 women took part with their child.

    Parents reported how much coffee they drank before and during pregnancy. Mothers also completed questionnaires about their child’s neurodevelopmental traits between six months and eight years of age.

    The questions covered many traits, including difficulties with attention, communication, behavioural flexibility, regulation of activity and impulses, as well as motor and language skills.

    The parents and children also provided genetic samples. This allowed us to control for genetic variants shared between mother and child and isolate the behaviour of coffee drinking.

    The study used reports from mothers about their child’s neurodevelopmental traits over more than seven years.
    Ann in the uk/Shutterstock

    What we found

    We were able to look at causality through this method of adjusting for potential confounding factors in the environment (the mother smoking or drinking alcohol, the parents’ education and income).

    The results showed no strong causal link between increased maternal coffee consumption and children’s neurodevelopmental difficulties.

    The difference in findings between our and previous studies may be explained by our work separating the effect of coffee from the effect of other variables, as well as genetic predisposition to neurodevelopmental conditions.

    Our study has limitations. Importantly, we were only able to rule out strong effects of coffee on neurodevelopmental difficulties, and it is possible small effects may exist.

    We only investigated offspring neurodevelopmental traits, and coffee consumption during pregnancy could impact the mother or child in other ways.

    However we have previously shown coffee consumption during pregnancy did not have strong causal effects on birth weight, gestational duration, risk of miscarriage or stillbirth. But other outcomes – such as mental health or a child’s risk for heart disease and stroke later in life – should be investigated.

    Overall, our study supports current clinical guidelines that state low to moderate consumption of coffee during pregnancy is safe for the mother and developing baby.

    For most people, that means sticking below 200mg of caffeine per day – usually equivalent to one espresso or two instant coffees – should be safe. If you have concerns, it’s best to speak to your clinician.

    Gunn-Helen Moen receives funding from the Australian Research Council and the Research Council of Norway.

    Shannon D’Urso 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. Does drinking coffee while pregnant cause ADHD? Our study shows there’s no strong link – https://theconversation.com/does-drinking-coffee-while-pregnant-cause-adhd-our-study-shows-theres-no-strong-link-241015

    MIL OSI Analysis – EveningReport.nz –

    January 23, 2025
  • MIL-OSI: Policyholder expectations pose challenges for life insurers at every stage of the customer journey

    Source: GlobeNewswire (MIL-OSI)

    Press contact:
    Fahd Pasha
    Tel.: + 1 647 860 3777
    E-mail: Fahd.Pasha@capgemini.com

    Policyholder expectations pose challenges for life insurers at every stage of the customer journey

    • Best-in-class life insurers – those delivering quantifiably outstanding customer experience – achieve a 38% higher Net Promoter Score (NPS®) than their mainstream counterparts
    • 67% of best-in-class carriers are ready to leverage generative AI to innovate their policyholders’ experience and optimize operations
    • Life insurance industry must shift perception away from simply ‘death insurance’ to engage new generation of policyholders

    Paris, October 15, 2024 – The Capgemini Research Institute’s World Life Insurance Report 2025, published today, reveals that the life insurance industry is struggling to meet today’s customer experience expectations, with legacy technology being a major barrier to driving meaningful change. However, the report identifies a small group of life insurers globally delivering quantifiably outstanding customer experience to achieve ‘best-in-class’ status. In comparison to mainstream insurers, these innovative companies have been rewarded with a 38% higher Net Promoter Score (NPS®), an 11% lower expense ratio, and a 6% higher revenue growth than the rest of the industry in the last three years.

    Faced with high inflation, economic uncertainty, and waning interest, life insurers are at a critical juncture as the industry confronts a 33% fall in penetration in mature markets1 between 2007 and 20232, with one-in-two policyholders saying their experience is underwhelming. Much of this dissatisfaction permeates through the entire customer journey, particularly across product offerings, onboarding, servicing and claims/surrenders.

    Insurers face challenges at every stage of the customer journey
    At the onboarding stage, one-in-three (35%) retail policyholders struggle with complex terms and 27% don’t like the lengthy application process. After purchasing a policy, one-in-four (25%) retail and group customers express frustration due to long wait times, while 23% are frustrated by the inability to access self-service options for policy changes. The claims process also poses challenges, primarily due to a lack of digitization: one-third (35%) of retail policyholders say they face a complicated claim application process, with 27% noting a lack of empathy during the claims experience.

    The research shows that younger policyholders (between 18-40 years) are more frustrated by a challenging experience than older customers (between 41-60 years) throughout their insurance journey. This includes slow and complex onboarding processes, lack of dedicated communication channels, and an inability to self-service policies. They also demand greater claims flexibility, with 42% citing inflexible payouts as a critical concern, versus only 26% of older customers.

    Despite a desire to redesign the onboarding, service and claims experience, only 9% of carriers have established ecosystem-wide processes that capture data from multiple sources to create a unique view of customers, and in turn, deliver personalized experiences through policyholders’ preferred channels.

    “Life insurance is shifting from a must-have to a maybe proposition. Carriers must shake off the perception that life insurance is just ‘death insurance’. They can achieve this by focusing on engaging the next generation of policyholders, moving beyond a product-driven approach to put the customer at the center of their strategies,” said Samantha Chow, Global Leader for Life Insurance, Annuities and Benefits Sector at Capgemini. “Many insurers are struggling with legacy technology or investments that have failed to deliver the target returns. The path forward is a customer-centric transformation that draws inspiration from the best-in-class by embedding AI-augmented, human-touch service into core processes.”

    Efforts to improve customer experience have stalled for most carriers
    Insurers recognize an urgent need to modernize their operations, however, only 41% met or exceeded their latest transformation goals. Past transformation initiatives fell short of delivering the intended results as insurers prioritized multiple goals which hindered their efforts. The challenges were further complicated by unexpected integration complexities (50%), lack of alignment with business objectives (42%) and insufficient skilled resources (42%).

    Despite these headwinds, the report finds an elite group of 5% of best-in-class insurers who are delivering a superior customer experience. These best-in-class carriers lean into the latest technologies, like generative AI, to offer exceptional onboarding, self-service, and claims capabilities.

    The best-in-class stand out against their counterparts:

    • 78% of best-in-class insurers have automated underwriting compared to 15% of mainstream insurers to optimize onboarding efforts
    • 78% offer policyholders self-service portals compared to only 13% of mainstream carriers
    • 56% provide a seamless and intelligent claims experience through AI assistance for voice and sentiment analysis versus only 3% of mainstream insurers

    Generative AI can be a catalyst, although talent gaps remain a hurdle
    While the transformative potential of generative AI is undeniable for the life insurance industry, it brings to light a pressing talent challenge. Today, 67% of best-in-class insurers are technically ready to leverage and maximize generative AI’s capabilities across their operations, with readiness levels dropping to 25% for mainstream insurers. Generative AI, when augmented with human intelligence, can revolutionize the consumer experience, while simultaneously driving operational efficiencies. However, one-in-three executives (34%) highlight identifying talent as a significant obstacle hindering their ability, with critical gaps in roles such as behavioral scientists, experience designers, and AI prompt engineers.

    According to the report, success will hinge not only on the implementation of the technology, but also on insurers’ ability to attract, develop, and retain the right talent. Carriers who can effectively blend cutting-edge technology with skilled professionals will be well-positioned to lead the industry into a new era of innovation and customer-centricity.

    Report Methodology
    The World Life Insurance Report 2025 draws data from two primary sources: the Global Voice of the Customer Survey, administered during May and June 2024, and the Global Insurance Executive Survey, conducted during May and June 2024. This primary research covers insights from 20 markets: Australia, Belgium, Brazil, Canada, Finland, France, Germany, Hong Kong, India, Italy, Japan, Mexico, the Netherlands, Norway, Portugal, Singapore, Spain, Sweden, the United Kingdom, and the United States. First, our comprehensive Voice of the Customer Survey, administered in collaboration with Phronesis Partners, polled 6,186 life insurance customers in 18 countries. These markets represent all three regions of the globe – the Americas (The United States, Mexico, Canada, and Brazil), Europe (Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom), and Asia-Pacific (Australia, Hong Kong, India, Japan, and Singapore). Second, the report also includes insights from interviews with 213 leading life insurance company executives across 16 markets. These markets together represent all three regions of the globe – the Americas (The United States, Canada, and Brazil), Europe (Belgium, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, and the United Kingdom) and Asia-Pacific (Australia, Hong Kong, India, and Singapore).

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.

    Get The Future You Want | http://www.capgemini.com

    About the Capgemini Research Institute
    The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital and their impact across industries. It is the publisher of Capgemini’s flagship World Report Series, which has been running for over 28 years, with dedicated thought leadership on Financial Services focussing on digitalization, innovation, technology and business trends that affect banks, wealth management firms, and insurers across the globe.

    To find out more or to subscribe to receive reports as they launch, visit https://worldreports.capgemini.com


    1 Note: Mature markets: North America includes Canada and the United States. Western Europe includes Portugal, Luxembourg, Italy, Netherlands, Germany, Belgium, Austria, France, Greece, Malta, Finland, Spain, Switzerland, Denmark, Sweden, Norway, and Cyprus. APAC includes Australia, New Zealand, Japan, Hong Kong, Singapore, South Korea, and Taiwan.
    2Swiss Re – sigma explorer

    Attachment

    • 10_15_Capgemini_World Life Insurance Report 2025_ENG

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Siili Solutions Plc: Maria Niiniharju appointed as VP Private Business and member of management team

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc: Maria Niiniharju appointed as VP Private Business and member of management team

    Siili Solutions Plc Stock exchange release 15 October 2024 at 8:45 EEST

    Siili Solutions Plc (“Siili” or “company”) makes changes in its management team and has appointed Maria Niiniharju as Siili’s VP, Private Business and member of Siili’s management team as of 1 November 2024.

    Prior to her new role at Siili, Niinharju has worked at Futurice, where she has been responsible for new business development and client management for private sector clients. At Siili Niiniharju will be leading the company’s Private Business, that will include Siili’s Finance, Industry and Services business units. Her expertise will strengthen Siili’s position as an expert in leveraging AI among private sector clients.

    “I am happy to welcome Maria to Siili. She brings us strong experience in business development as well as valuable data and AI expertise, which is perfect fit to accelerate Siili’s strategy execution,” says Siili’s CEO Tomi Pienimäki.

    “I am excited about my new role at Siili. I look forward to starting the work to implement the renewed strategy together with the business unit teams. Siili’s strong industry focus and deep customer relationships create an excellent basis for building genuine impact with data and AI,” says Maria Niiniharju.

    Further information:
    CEO Tomi Pienimäki
    Phone: +358 40 834 1399, email: tomi.pienimaki(at)siili.com 

    Distribution:
    Nasdaq Helsinki Oy
    Major media
    http://www.siili.com

    Siili Solutions in brief:
    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. http://www.siili.com/en

    The MIL Network –

    January 23, 2025
  • MIL-OSI China: MOFA sincerely thanks international community for taking concrete actions to support Taiwan’s UN participation

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    October 4, 2024
    No. 058

    The General Debate of the 79th session of the United Nations General Assembly (UNGA) concluded on September 30. The Ministry of Foreign Affairs (MOFA) sincerely thanks the diplomatic allies, like-minded countries, and friends from around the world who expressed support for Taiwan’s participation in the UN and refuted China’s deliberate misrepresentation of UNGA Resolution 2758 in various ways, both in the chamber and on the sidelines of the event. 

    High-level government officials from Taiwan’s diplomatic allies Paraguay, the Marshall Islands, Palau, Saint Vincent and the Grenadines, Eswatini, Tuvalu, Saint Christopher and Nevis, Saint Lucia, and Belize spoke up for Taiwan at the UN General Debate and Summit of the Future. Officials from the Marshall Islands, Palau, Tuvalu, and Saint Lucia explicitly pointed out that UNGA Resolution 2758 did not preclude Taiwan’s participation in the UN system. Following similar remarks in 2022, US President Joe Biden again used his speech to the UN General Debate to spell out the United States’ commitment to maintaining peace and stability across the Taiwan Strait. Australia mentioned the Taiwan Strait for the first time at the UN General Debate, with Minister for Foreign Affairs Penny Wong stating that Australia had consistently pressed China on peace and stability in the Taiwan Strait.  

    At a US House of Representatives Committee on Foreign Affairs hearing held a few days before the UN General Debate, US Deputy Secretary of State Kurt Campbell criticized China for using UNGA Resolution 2758 as a diplomatic tool to suppress Taiwan’s status. In response to a question in parliament, Dutch Minister of Foreign Affairs Caspar Veldkamp openly acknowledged that the resolution had nothing to do with Taiwan. Following a meeting on the sidelines of the UNGA held by the Group of Seven (G7) foreign ministers and the European Union high representative for foreign affairs and security policy, the chair of the meeting released a statement reaffirming the importance of cross-strait peace and stability to international security and prosperity as well as supporting Taiwan’s international participation. 

    Joint statements expressing a high regard for cross-strait peace and stability were issued after other recent high-level meetings, including the Quad leaders’ summit, the seventh high-level meeting of the EU-US Dialogue on China, the US-Japan summit meeting, the UK-US Strategic Dialogue, the Japan-Australia Foreign and Defence Ministerial Consultations, the Republic of Korea-New Zealand bilateral meeting, and the Lithuania-US Strategic Dialogue on the Indo-Pacific.

    In terms of legislative branches, the Inter-Parliamentary Alliance on China passed a model resolution on UNGA Resolution 2758 on July 30 for its members’ reference. The Australian Senate, the Dutch House of Representatives, and the Guatemalan Congress have since adopted motions in support of Taiwan based on the model resolution. The Foreign Affairs Committee of the Italian Chamber of Deputies also approved a resolution backing Taiwan’s international participation, demonstrating staunch support for Taiwan.

    Speaking for the first time on the sidelines of the UNGA at the annual summit of the New York-based nonprofit organization Concordia through prerecorded remarks, President Lai Ching-te told the UN family that Taiwan would strive to maintain regional peace and stability and urged the international community to support Taiwan’s participation.  Ambassador Alexander Tah-ray Yui, Representative to the United States, held a discussion with former US Under Secretary of State for Economic Growth, Energy, and the Environment Keith Krach on cross-strait peace and security and Taiwan’s campaign to participate in the UN. During the UNGA, Taiwan cohosted a seminar in New York with the United States, Japan, Australia, and Canada under the Global Cooperation and Training Framework. The event underscored Taiwan’s resolve to contribute to the global community.

    MOFA also appreciates the unwavering support of the Legislative Yuan. A cross-party delegation of legislators—including Ngalim Tiunn, Wu Tsung-hsien, and Wu Chun-cheng—visited New York during the UNGA to provide guidance and take part in related activities. The group powerfully conveyed the strong desire of the Taiwanese people to be part of the UN system.

    Through an international publicity and new media campaign, the government effectively communicated Taiwan’s demands for UN participation to all quarters. An op-ed by Minister of Foreign Affairs Lin Chia-lung, letters to the editor from Taiwan’s overseas missions, and interviews with Taiwanese ambassadors and representatives appeared 455 times in mainstream international media outlets. These included the Diplomat, the Hill, the Washington Times, National Review, and the New York Sun in the United States; Modern Diplomacy and the European Business Review in the European Union; the National Post in Canada; Le Figaro in France; Norrbottens-Kuriren in Sweden; La Razón in Spain; De Telegraaf and Nederlands Dagblad in the Netherlands; Euractiv in Greece; Rzeczpospolita in Poland; La Verità and Le Formiche in Italy; the Sankei Shimbun in Japan; the Chosun Ilbo in the Republic of Korea; the Philippine Star in the Philippines; the Hindustan Times and the Tribune in India; the Jerusalem Post in Israel; La Razón in Peru; the Eswatini Observer in Eswatini; La Nación in Paraguay; O Tempo in Brazil; Jelen in Hungary; and the Daily News in Thailand. 

    The short promotional film IC You received more than 25.4 million views—again breaking the record for Taiwan’s annual campaign. During the UNGA, MOFA and its overseas missions released 2,922 posts about Taiwan’s bid on social media platforms including Facebook, X, Instagram, and Threads. The posts were seen over 48.378 million times and received an unprecedentedly warm response. A short animation video, UNity through Peace: Chip in with Taiwan, was shown on a large billboard in New York City’s iconic Times Square. The advertisement featured elements including semiconductor circuits and Taiwan’s contributions to achieving the UN Sustainable Development Goals (SDGs). The video conveyed Taiwan’s strengths in IC technology, highlighted its image as a responsible member of the global community, and broadened worldwide recognition and support for Taiwan’s call for international participation.

    MOFA reiterates that UNGA Resolution 2758 does not mention Taiwan. The resolution therefore has nothing to do with Taiwan and cannot serve as the basis for precluding Taiwan from the UN system and other international organizations. Taiwan is determined, willing, and able to contribute to the global community. Continuing to exclude Taiwan from multilateral endeavors will not only be a loss to humanity but also detrimental to realizing the SDGs. To uphold the UN principle of leaving no one behind, MOFA again calls on the UN to stop bowing to pressure from China and swiftly allow Taiwan’s full participation. (E)

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI: Zscaler Identifies More Than 200 Malicious Apps in the Google Play Store, with Over 8 Million Installs

    Source: GlobeNewswire (MIL-OSI)

    Key Findings:

    • Mobile remains a top threat vector, with 111% growth in spyware and 29% growth in banking malware
    • Technology, education, and manufacturing sectors continue to be most susceptible to attacks
    • The United States remains the top target for IoT, OT, and mobile cybersecurity attacks

    SAN JOSE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2024 Mobile, IoT, and OT Threat Report, which offers an overview of the mobile and IoT/OT cyber threat landscape from June 2023 through May 2024. The findings in this report stress the urgency for organizations to reevaluate and secure mobile devices, IoT devices and OT systems. ThreatLabz identified more than 200 malicious apps in the Google Play Store, with more than 8 million collective installs, and the Zscaler cloud blocked 45% more IoT malware transactions than last year–indicative of botnets continuing to proliferate across IoT devices.

    “Cybercriminals are increasingly targeting legacy exposed assets which often act as a beachhead to IoT & OT environments, resulting in data breaches and ransomware attacks,” said Deepen Desai, Chief Security Officer at Zscaler. “Mobile malware and AI driven vishing attacks adds to that list making it critical for CISOs and CIOs to prioritize an AI powered zero trust solution to shut down attack vectors of all kinds safeguarding against these attacks.”

    Financially motivated mobile attacks remain a top threat vector
    With 29% growth in banking malware attacks and a 111% rise in spyware year over year, cyberattacks have never been more profitable for threat actors, either through monetary gain via direct extortion or passthrough use of stolen personally identifiable information (PII) and user credentials that can be sold and leveraged in future attacks.

    Anatsa, a known Android banking malware that uses PDF and QR code readers to distribute malware, has targeted more than 650 financial institutions, and more specifically, users in Germany, Spain, Finland, South Korea and Singapore.

    Verticals most targeted by bad actors
    The technology (18%), education (18%) and manufacturing (14%) sectors are the most frequent targets of mobile malware. Education in particular saw a dramatic 136% increase in blocked transactions compared to the previous year.

    Additionally, for the second year in a row, manufacturing experienced the highest volume of IoT malware attacks, accounting for 36% of all IoT malware blocks observed on the Zscaler Zero Trust Exchange™ platform. When analyzing unique devices across different verticals, this sector stands out with the highest implementation of IoT devices due to its extensive use of IoT applications, ranging from automation and process monitoring to supply chain management.

    The United States remains the top target for IoT cyberattacks
    With its central role in global communication and data processes, the US also stands out as the primary destination for IoT device traffic, accounting for 81% of IoT cyberattacks. The top five countries that receive the most IoT traffic are:

    • United States
    • Japan
    • China
    • Singapore
    • Germany

    The report also revealed that India (28%) is now the country most targeted by mobile malware. The other four are:

    • United States
    • Canada
    • South Africa
    • The Netherlands

    Legacy and end-of-life operating systems leave OT systems vulnerable
    Once air-gapped and isolated from the internet, OT and cyber-physical systems have rapidly become integrated into enterprise networks, enabling threats to proliferate. OT deployments can involve thousands of connected devices spread across dozens of sites, creating a substantial attack surface for external threats, such as those that exploit known zero-day vulnerabilities. Additionally, this also creates a large attack surface between internal (east-west) OT traffic, increasing the risk of lateral movement and the potential blast radius of a successful attack.

    How to secure mobile, IoT and OT
    With today’s hybrid-work environments, users can work from anywhere with internet access, SaaS apps and private applications, whether in the cloud or the data center. To enable secure hybrid work and provide seamless access to any application, enterprises need to retire network-centric approaches, which hamper productivity and leave them vulnerable to lateral movement. Instead, organizations must adopt a zero trust architecture that enables secure remote access from any user device to any application, from any location.

    Zscaler for IoT and OT enables enterprises to reduce cyber risk while embracing IoT and OT connectivity to drive business agility and increase productivity. Powered by the Zero Trust Exchange, these capabilities protect IoT devices against compromise and prevent lateral movement with device segmentation and deception–all while allowing for remote access to OT systems without risky VPN connectivity.

    The findings of the 2024 Mobile, IoT, and OT Threat Report stress the need for organizations to better secure their mobile endpoints, IoT devices, and OT systems. Download the full report here.

    Research Methodology
    The Zscaler ThreatLabz team analyzed a data set collected from the Zscaler Security Cloud between June 2023 and May 2024, comprising more than 20 billion threat-related mobile transactions and associated cyberthreats.

    About Zscaler
    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SSE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

    Media Contact:

    Zscaler PR
    Natalia Wodecki
    press@zscaler.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6430484e-f976-4e51-9584-160090d397e6

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Municipality Finance issues EUR 25 million notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    15 October 2024 at 10:00 am (EEST)

    Municipality Finance issues EUR 25 million notes under its MTN programme

    Municipality Finance Plc issues EUR 25 million notes on 16 October 2024. The maturity date of the notes is 16 October 2029. MuniFin has a right, but no obligation, to redeem the notes early on 16 October 2025 and every year thereafter. The notes bear interest at a fixed rate of 2.75% per annum until 16 October 2025, after which the interest is paid at 2.40% per annum, unless MuniFin redeems the notes early.

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

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 16 October 2024.

    NATIXIS SA, Paris acts as the dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

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

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland.
    The Group’s balance sheet totals over EUR 50 billion.

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

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

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

    Important Information

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

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

    The MIL Network –

    January 23, 2025
  • MIL-OSI United Kingdom: Lindab required to sell sites in Nottingham and Stoke-on-Trent after ventilation merger investigation

    Source: United Kingdom – Executive Government Non-Ministerial Departments

    The CMA found Lindab’s acquisition of HAS-Vent reduced competition in 2 areas of the UK.

    iStock

    Having carried out an in-depth Phase 2 merger inquiry, the Competition and Markets Authority (CMA) has today ordered Lindab – a supplier of circular ducts and fittings used in ventilation systems in buildings – to sell 2 sites after finding its deal with HAS-Vent could lead to reduced choice and higher prices for installers of ventilation systems in both Nottingham and Stoke-on-Trent. 

    The independent CMA group leading the inquiry scrutinised a wide range of evidence, including the parties’ internal documents and evidence from installers of ventilation systems and other suppliers of circular ducts and fittings. Based on this evidence, the group found that competition for these products occurs at a local level. 

    Having assessed the impact of the deal in various local areas, and then consulted on its provisional findings published in August, the inquiry group has concluded the deal has resulted in a substantial lessening of competition in the supply of circular ducts and fittings in the local areas centred around Nottingham and Stoke-on-Trent. 

    To resolve the loss of competition, the CMA is requiring Lindab to sell 1 site in each of the impacted areas. To ensure the largest pool of potential purchasers and given the different operating models in the industry (which means that some purchasers may want a site with manufacturing assets, while others may not), Lindab is required to market for sale all 4 sites it owns in the two areas and put forward potential buyers for the CMA to approve. 

    Kirstin Baker, Chair of the independent inquiry group, said: 

    Circular ventilation ducts and fittings are essential components in the construction of buildings, such as new offices and flats.  

    Our investigation found this deal – by removing one of two main suppliers of these products in the Nottingham and Stoke areas – risked installers and developers having to pay more for these products. 

    As a result, we are requiring Lindab to sell one site in each of the two areas, which should ensure local installers and businesses can benefit from effective competition.

    More information, including the CMA’s final report, can be found via the Lindab / HAS-Vent case page.

    Notes to editors: 

    1. The CMA will require Lindab to market for sale each of the following potential divestment sites: Lindab Nottingham, Lindab Stoke-on-Trent, HAS-Vent Nottingham and HAS-Vent Stoke-on-Trent.  

    2. Lindab is a ventilation company headquartered in Sweden and listed on Nasdaq Stockholm. In the UK, Lindab is primarily active through subsidiaries Lindab Limited (Lindab UK) and Ductmann Limited (Ductmann), which both manufacture and distribute ventilation system products, including circular ducts and fittings. 

    3. HAS-Vent is a UK company headquartered in Wombourne, also active in the manufacture and distribution of ventilation system products, including circular ducts and fittings, in England and Wales. 

    4. Whilst this decision marks the end of the CMA’s investigation, it will closely monitor the parties progress in implementing the remedy. 

    5. For media enquiries, contact the CMA press office on 020 3738 6460 or press@cma.gov.uk.

    Share this page

    The following links open in a new tab

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

    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI: Matter Real Estate and GCM Grosvenor Continue Strategic European Residential Partnership with Investments in Germany and Denmark

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 15, 2024 (GLOBE NEWSWIRE) — Matter Real Estate (“Matter”), a London-based real estate investment firm, with support from one of its investors, GCM Grosvenor (NASDAQ: GCMG), is pleased to announce its initial investment in residential development platform 15 Degree in Germany as well as further investment into the Velkomn platform in Denmark.

    Matter, with the support of various GCM Grosvenor funds, will commit to new projects totalling over €500m across both companies, with the goal of developing a 2,000-unit portfolio across two of Europe’s strongest residential markets. Velkomn, a platform established by Matter in 2023 to invest in single-family residential properties in Denmark, recently purchased a 667-unit stabilised portfolio across eight schemes for €170m.

    Matter has also committed to funding equity for €250 million of developments with 15 Degree, a German residential developer and manager. The 15 Degree partnership, a new investment for Matter, will facilitate the development of a portfolio of sustainable residential properties in Berlin. The investment broadly supports the evolution of both new and distressed projects in the German market with the initial two assets secured totalling 156 units.

    These investments build upon GCM Grosvenor’s previous commitments to Matter platform company Placefirst, a leading developer of attainable housing in the UK, and strategically enhance GCM Grosvenor’s access to two of Europe’s most significant residential markets. The ongoing partnership reinforces the two firms’ commitment to pursuing strong, risk-adjusted opportunistic investments in the European residential sector for their clients.

    David Christie, CEO at Matter Real Estate, said: “Our partnership with GCM Grosvenor continues to go from strength to strength. These two investments show that Matter has the expertise to implement our pan-European residential strategy across key markets which present attractive growth opportunities. We look forward to sustaining our ongoing partnership with GCM Grosvenor and welcoming other investors in these strategies.”

    Peter Braffman, Managing Director at GCM Grosvenor, said: “European residential strategies remain a core focus of our investment program given the favourable supply/demand dynamics and the critical need for quality rental housing across the region. Our strategic investment program with Matter has given us a unique access point to these markets which we believe can generate positive outcomes for our clients and future residents.”

    END

    About Matter Real Estate

    Founded in 2021, Matter Real Estate is a real estate investment firm that focuses the living sector real estate across Europe. It takes an operational approach, focusing on assets that meet fundamental end-user needs in sectors where there is structural demand, but barriers to large-scale investment. Matter invests in sectors including, but not limited to, build-to-rent, single-family housing, senior living and affordable housing. Matter has a 16-person team all based in London. For more information, please visit http://www.matterrealestate.co.uk.

    About GCM Grosvenor
    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $79 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of approximately 540 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Media Contacts
    Greenbrook
    James Madsen and Emelia Rice | +44 20 7952 2000 | MatterRE@greenbrookadvisory.com

    The MIL Network –

    January 23, 2025
  • MIL-OSI Europe: Prime Minister to meet new NATO Secretary General and hold joint press conference

    Source: Government of Sweden

    Prime Minister to meet new NATO Secretary General and hold joint press conference – Government.se

    Please enable javascript in your browser

    Press release from Prime Minister’s Office

    Published 15 October 2024

    Prime Minister Ulf Kristersson will meet with NATO Secretary General Mark Rutte at NATO headquarters in Brussels on Wednesday 16 October. Following the meeting, they will hold a joint press conference.

    The topics for discussion at the meeting will include NATO’s deterrence and defence and the Alliance’s support to Ukraine. 

    Mark Rutte succeeded Jens Stoltenberg as Secretary General of NATO on 1 October this year.  

    The press conference will begin at 13.50 and will be broadcast live on the NATO website. 

    Media representatives wishing to attend the press conference in person require special accreditation from NATO: follow the link under ‘Shortcuts’.

    Press contact

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Europe: Briefing – Confirmation hearings of the Commissioners-designate: Jessika Roswall – Environment, Water Resilience and a Competitive Circular Economy – 15-10-2024

    Source: European Parliament

    Jessika Roswall is a politician from the Moderate Party in Sweden, affiliated to the European People’s Party (EPP). Prior to her nomination for the post of Commissioner, Roswall was Sweden’s minister for European affairs, from October 2022 to September 2024. Between 2010 and 2022, she served as a member of the Swedish Parliament, holding the position of second vice-president of its EU affairs committee from 2019 to 2022. Roswall was also a member of the ‘transparency councils’ of the Swedish Consumer Agency (2015-2018), the County Administrative Board of Uppsala (2016-2022), and the Authority for Work Environment Expertise (2018-2019). Born in 1972 in the county of Uppsala, Jessika Roswall holds a law degree from Uppsala University. After graduating in 2002, she worked as a lawyer for the law firm Wigert & Placht, from 2002 to 2010.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Europe: Briefing – Confirmation hearings of the Commissioners-designate: Dan Jørgensen – Energy and Housing – 15-10-2024

    Source: European Parliament

    Dan Jørgensen has most recently served as Danish Minister for Development Cooperation and Minister for Global Climate Policy. His role has been to oversee Denmark’s international development initiatives and global climate policies, including co-facilitating COP28 climate negotiations and co-chairing a number of working groups and alliances. Jørgensen is a member of the Social Democratic Party in Denmark, which is affiliated to the S&D group in the European Parliament. He has been a member of the Danish parliament since 2015 and previously served as Minister for Food, Agriculture and Fisheries, as well as Minister for Climate, Energy and Utilities, where he co-facilitated COP26 and COP27 negotiations and served as chair of the International Energy Agency’s Global Commission on People-Centred Clean Energy Transitions. Jørgensen was a Member of the European Parliament (2004-2013), where he served as vice-chair of the Committee on Environment, president of the Animal Welfare Intergroup and head of the Danish delegation of Social Democrats (2009-2013). Born in 1975, Jørgensen holds a master’s degree in political science from Aarhus University. His professional career also includes academic positions as adjunct professor and external lecturer. This is one of a set of briefings designed to give an overview of issues of interest relating to the portfolios of the Commissioners designate. All these briefings can be found at: https://epthinktank.eu/commissioner_hearings_2024.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI: Notice of Extraordinary General Meeting in Karolinska Development AB (publ)

    Source: GlobeNewswire (MIL-OSI)

    The shareholders of Karolinska Development AB (publ), reg. no. 556707-5048, (“Karolinska Development” or the “Company”) are invited to the Extraordinary General Meeting (“EGM”), on Wednesday, November 13, 2024, at 11:00 (CET), at Cirio Law Firm, Biblioteksgatan 9, in Stockholm. Registration for the EGM will commence at 10:30 (CET).

    The Board of Directors has resolved that shareholders shall have the right to exercise their voting rights in advance through postal voting pursuant to item 13 in the articles of association. Therefore, shareholders may choose to exercise their voting rights at the EGM by attending in person, by postal voting or through a proxy.

    Participation in person

    A shareholder who would like to participate at the EGM in person must:

    both be entered in the register of the shareholders maintained by Euroclear Sweden AB as per Tuesday, November 5, 2024,

    and give notice of his or her intention to participate to the Company no later than Thursday, November 7, 2024, at the address Karolinska Development, “EGM”, Nanna Svartz väg 6A, 171 65, Solna, Sweden, or by email to eva.montgomerie@karolinskadevelopment.com. When giving notice to participate, please provide name, personal identity number or company registration number, telephone number and number of represented shares.

    Participation by postal voting

    Shareholders who wish to participate in the EGM by postal voting must:

    both be registered in the register of shareholders maintained by Euroclear Sweden AB as per Tuesday, November 5, 2024,

    and notify their intention to participate by submitting their postal vote in accordance with the instructions below, so that the postal vote is received by Karolinska Development no later than Thursday, November 7, 2024.

    Shareholders may exercise their voting rights at the EGM by voting in advance through postal voting pursuant to item 13 in the articles of association, referring to Chapter 7, Section 4 a of the Swedish Companies Act.

    For advance voting, a special form must be used. Forms in Swedish and English are available for download on the Company’s website, http://www.karolinskadevelopment.com.The advance voting form is valid as notification of participation at the EGM.

    The completed advance voting form must be received by the Company no later than Thursday, November 7, 2024. The completed form shall be sent to Karolinska Development by e-mail to eva.montgomerie@karolinskadevelopment.com or by regular mail to Karolinska Development, “EGM”, Nanna Svartz väg 6A, 171 65, Solna, Sweden. The shareholder may not provide special instructions or conditions in the advance voting form. If so, the vote (i.e. the advance vote in its entirety) is invalid. Further instructions and conditions are provided in the form for advance voting.

    Those who wish to withdraw a submitted postal vote and instead exercise their voting rights by participating in the EGM in person or through a proxy must give notice thereof to the EGM’s secretariat prior to the opening of the EGM.

    Participation by proxy

    If the shareholders are represented by proxy, a written proxy must be issued and submitted to the Company at the above address well in advance of the EGM. The proxy is valid during the period set forth in the proxy, however, at most five years from the issuance. If a proxy is issued by a legal entity, a copy of the legal entity’s registration certificate or similar document evidencing signatory powers must be enclosed. Proxy forms in Swedish and English are available for download on the Company’s website, http://www.karolinskadevelopment.com.

    Nominee registered shares

    For shareholders who have their shares nominee-registered through a bank or other nominee, the following applies in order to be entitled to participate in the meeting. In addition to giving notice of participation, such shareholder must re-register its shares in its own name so that the shareholder is registered in the share register kept by Euroclear Sweden AB as of the record date Tuesday, November 5, 2024. Such re-registration may be temporary (so-called voting rights registration). Shareholders who wish to register their shares in their own names must, in accordance with the respective nominee’s routines, request that the nominee make such registration. Voting rights registration that have been requested by the shareholder at such time that the registration has been completed by the nominee no later than Thursday, November 7, 2024, will be taken into account in the preparation of the share register.

    Proposal for agenda

    1. Opening of the meeting and election of chairperson of the meeting
    2. Preparation and approval of the voting list
    3. Approval of the agenda
    4. Election of one or two persons to verify the minutes
    5. Determination of whether the meeting was duly convened
    6. Resolution on election of a new member of the Board of Directors
    7. Determination of fee to the new member of the Board of Directors
    8. Closing of the meeting

    Item 1: Election of chairperson of the meeting

    The Board of Directors proposes that the EGM resolves that Annika Andersson (lawyer at Cirio Law Firm) is appointed to chair the EGM.

    Item 6: Resolution on election of a new member of the Board of Directors

    The Company’s largest shareholder, invoX Pharma Ltd. (“invoX”), proposes that the EGM resolves to elect Will Zeng as a new director of the Board of Directors. Director Theresa Tse will resign from her position at the EGM. The current directors Hans Wigzell, Anna Lefevre Skjöldebrand, Benjamin Toogood and Philip Duong remain as directors of the Board of Directors and Hans Wigzell remains as chairperson.

    Will Zeng is born in 1993. He holds a bachelor’s degree of Economics from the Wharton School of the University of Pennsylvania. Will Zeng has previously work at Goldman Sachs and Warburg Pincus. Will Zeng´s other current assignments include Finance Director of CTTQ Pharma Group and Special Assistant to the chairperson of the board of Sino Biopharmaceutical. Will Zeng holds no shares in the Company. Will Zeng is independent in relation to the Company and its executive management but not in relation the Company´s major shareholders.

    The composition of the Board of Directors meets the independence requirement of the Swedish Corporate Governance Code.

    Item 7: Determination of fee to the new member of the Board of Directors

    At the Annual General Meeting on 16 May 2024, it was resolved that the Board of Directors, except for the chairperson, would be paid a fixed amount of SEK 200,000 to be paid out in proportion to board meetings attended. invoX proposes that board fee to the newly elected director Will Zeng should be paid the equivalent for the time until the end of the 2025 Annual General Meeting.

    Miscellaneous

    Advance voting form, proxy form and proposal for resolution in accordance with above, are available at the Company on Nanna Svartz väg 2, 171 65, Solna, Sweden and at the Company’s website, http://www.karolinskadevelopment.com, no later than three weeks before the EGM, and will be sent to shareholders who so request and provide their postal address.

    The Board of Directors and the CEO shall, if requested by any shareholder and if the Board of Directors is of the opinion that it can be done without causing material harm to the Company, provide disclosures about conditions that may impact assessment of an item of business on the agenda.

    As per the date of this notice, there are 270,077,594 shares, representing a total of 293,074,943 votes outstanding in the Company, distributed among 2,555,261 shares of series A (with 25,552,610 votes) and 267,522,333 shares of series B (with 267,522,333 votes). As per the date of this notice, the Company holds 244,285 treasury shares of series B.

    Processing of personal data

    For information on how your personal data is processed in connection to the general meeting see the privacy policy available on Euroclear Sweden AB’s website: https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf

    Solna in October 2024
    Karolinska Development AB (publ)
    The Board of Directors

    Attachment

    • KD EGM 2024 – Notice – Final –

    The MIL Network –

    January 23, 2025
  • MIL-OSI Translation: 12/10/2024 Statement by the UNIFIL participating states following the recent attacks on UN peacekeepers in Lebanon.

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    At the initiative of Poland, a group of 34 countries participating in the UNIFIL peacekeeping mission in Lebanon, including three permanent members of the UN Security Council, issued a joint statement in New York on 12 October condemning the recent attacks on the mission’s force base. The countries called for an immediate cessation of attacks and for ensuring adequate protection for UN personnel in accordance with international law. The countries reaffirmed their full support for the UNIFIL mission and activities, the main objective of which is to ensure stability and lasting peace in southern Lebanon, as well as in the Middle East, in accordance with the relevant Security Council resolutions. They stressed that the role of UNIFIL is particularly important in light of the escalating situation in the region. The statement was addressed to the UN Secretary-General António Guterres, the President of the UN General Assembly Philemon Yang, the Under-Secretary-General for Peacekeeping Operations Jean-Pierre Lacroix and the members of the Security Council. The UNIFIL mission is staffed by 10,000 personnel. peacekeeping troops, including over 200 Poles. Below is a list of countries that have joined the Polish initiative:

    1. Armenia2. Austria3. Bangladesh4. Brasilia5. Cambodia6. Chino7. Chipre8. Salvador9. Estonia10. Fiji11. Finland12. France13. Ghana14. Guatemala15. Hungary16. Indonesia17. Ireland18. Italy19. Kazakhstan20. Republic of Korea21. Latvia22. Malaysia23. Malta24. Mongolia25. Nepal26. Netherlands27. Poland28. Qatar29. Sierra Leone30. Spain31. Sri Lanka32. Tanzania33. Turkey34. Great Britain35. Germany36. Peru37. Uruguay Content of the statement:Statement by the States participating in the UNIFIL mission following the recent attacks on UN peacekeepers in Lebanon.As States participating in the United Nations Interim Force in Lebanon (UNIFIL), we reaffirm our full support for the UNIFIL mission and activities, the primary objective of which is to ensure stability and lasting peace in South Lebanon, as well as in the Middle East, in accordance with the relevant UN Security Council resolutions.We consider the role of UNIFIL to be particularly important in light of the escalating situation in the region.In this regard, we strongly condemn the recent attacks on UNIFIL peacekeepers. Such actions must be immediately stopped and properly investigated.We call on the parties to the conflict to respect the presence of UNIFIL, which entails the obligation to guarantee the safety of its personnel at all times, so that they can continue to implement their mandate and continue their work of mediation and support for peace and stability in Lebanon and the wider region.We reaffirm our commitment to multilateral cooperation with the UN at its core. We call for respect for international law, in particular the UN Charter and the relevant Security Council resolutions.

    MILES AXIS

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

    MIL Translation OSI

    January 23, 2025
  • MIL-OSI: Q3 2024 Trading Update and Invitation to Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 14 October 2024 – DNO ASA, the Norwegian oil and gas operator, will publish its Q3 2024 operating and interim financial results on 7 November at 07:00 (CET). A videoconference call with executive management will follow at 14:00 (CET). Today the Company provides an update on production, sales volumes and other key information for the quarter.

    Volumes (boepd)

    Gross operated production Q3 2024 Q2 2024 Q3 2023
    Kurdistan 84,212 79,783 25,984
    North Sea – – –
           
    Net entitlement production Q3 2024 Q2 2024 Q3 2023
    Kurdistan 17,607 17,167 9,897
    North Sea 11,236 16,321 14,288
           
    Sales Q3 2024 Q2 2024 Q3 2023
    Kurdistan 17,607 17,167 9,897
    North Sea 15,306 12,871 15,749
           
    Equity accounted production (net) Q3 2024 Q2 2024 Q3 2023
          Côte d’Ivoire         2,843 3,256 3,373

    Selected cash flow items

    DNO’s share of crude oil from the Tawke license during the quarter has been sold to local buyers as the Iraq-Türkiye Pipeline remained closed. Payments are deposited directly into DNO’s international bank accounts in advance of loadings.

    In the third quarter, DNO paid a dividend of NOK 0.3125 per share (totaling USD 29 million), which was up 25 percent from prior quarterly distributions. The Company had no tax payments or refunds during the quarter.

    The acquisition of stakes in five oil and gas fields in the Norne area in the Norwegian Sea announced in May was completed on 30 August. Net cash consideration paid by DNO was approximately USD 24 million. The transfer of DNO’s 22.6 percent interest in Ringhorne East to Vår Energi, the other element of the swap, was completed on the same date.

    Other items and information

    DNO participated in two exploration wells in the Norwegian North Sea in the quarter. The Heisenberg/Angel well in PL827SB (49 percent interest) was spudded on 18 August and completed on 16 September. The well delineated the play-opening 2023 Heisenberg oil and gas discovery and confirmed the volume estimate of 24 to 56 MMboe but the deeper Angel exploration target was found to be mainly water wet. The operated Falstaff well (50 percent interest) was spudded on 20 September and drilling was ongoing as of end of Q3 2024.

    Other drilling activities during the quarter included the B-3 well in Kurdistan at the DNO-operated Baeshiqa license (64 percent interest), which was spudded on 21 February, completed on 26 July and was ongoing a testing program as of end of Q3 2024.

    Earnings call login details

    Please visit http://www.dno.no for login details ahead of the call.

    Disclaimer

    The information contained in this release is based on a preliminary assessment of the Company’s Q3 2024 operating and interim financial results and may be subject to change.

    –

    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.

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

    The MIL Network –

    January 23, 2025
  • MIL-OSI: Municipality Finance will redeem early notes issued under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    14 October 2024 at 11:00 am (EEST)

    Municipality Finance will redeem early notes issued under its MTN programme

    Municipality Finance Plc will exercise its right to redeem in whole its USD 150 million notes (ISIN XS2548900146) on 28 October 2024.

    The notes are admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. MuniFin has today filed an application to remove the notes from trading.

    MUNICIPALITY FINANCE PLC

    Further information:

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

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland. The Group’s balance sheet totals over to EUR 50 billion.

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

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

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

    Important Information

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

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

    The MIL Network –

    January 23, 2025
  • MIL-OSI Europe: EU statement on recent attacks against UNIFIL

    Source: Government of Sweden

    EU statement on recent attacks against UNIFIL – Government.se

    Please enable javascript in your browser

    Statement by Ministry for Foreign Affairs

    Published 14 October 2024

    Statement by the High Representative on behalf of the European Union on recent attacks against UNIFIL.

    The European Union expresses its grave concern about the recent escalation along the Blue Line. The EU condemns all attacks against UN missions. It expresses particularly grave concern regarding the attacks by the Israeli Defence Forces (IDF) against the United Nations Interim Force in Lebanon (UNIFIL), which left several peacekeepers wounded. Such attacks against UN peacekeepers constitute a grave violation of international law and are totally unacceptable. These attacks must stop immediately.

    All actors have an obligation to take necessary measures to ensure the safety and security of UN personnel and property and to respect the inviolability of UN premises at all times. We urgently await explanations and a thorough investigation from the Israeli authorities about the attacks against UNIFIL, which plays a fundamental role in the stability of South Lebanon.

    We urge all parties to fully uphold their obligations to guarantee the safety and security of UNIFIL personnel at all times, and to allow UNIFIL to continue to implement its mandate.

    The troops and other personnel of UNIFIL, to which sixteen EU Member States currently contribute, are working under difficult conditions in the defence of international peace and security. The EU pays tribute to their professionalism and renews its unwavering support to UNIFIL’s role.

    We are also deeply concerned by Hezbollah’s continued launch of rockets into Israel that has to stop, and by IDF strikes in densely populated areas of Lebanon, causing a heavy toll on civilians and the displacement of many. We urge all parties to respect International Humanitarian Law, in all circumstances.

    The EU reiterates its call for an immediate ceasefire in Lebanon, and for all parties to commit and work towards the full implementation of Security Council Resolution 1701.

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI Europe: Swedish and Belgian Prime Ministers to attend memorial on anniversary of 2023 Brussels terrorist attack

    Source: Government of Sweden

    Swedish and Belgian Prime Ministers to attend memorial on anniversary of 2023 Brussels terrorist attack – Government.se

    Please enable javascript in your browser

    Press release from Prime Minister’s Office

    Published 14 October 2024

    Wednesday, 16 October marks the one-year anniversary of the terrorist attack in Brussels, in which two Swedish football fans were killed and a third injured. Prime Minister Ulf Kristersson and Belgium’s Prime Minister Alexander de Croo will take part in a joint wreath-laying ceremony at the site where the attack took place.

    Photo media interested in covering the ceremony are invited to contact Press Secretary Tom Samuelsson for more information.

    Press contact

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI: Sydbank share buyback programme: transactions in week 41

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 48/2024

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    14 October 2024  

    Dear Sirs

    Sydbank share buyback programme: transactions in week 41
    On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    2,336,000

     

    830,116,180.00

    07 October 2024
    08 October 2024
    09 October 2024
    10 October 2024
    11 October 2024
    17,000
    17,000
    17,000
    16,000
    16,000
    325.14
    324.75
    323.67
    327.10
    330.06
    5,527,380.00
    5,520,750.00
    5,502,390.00
    5,233,600.00
    5,280,960.00
    Total over week 41 83,000   27,065,080.00
    Total accumulated during the
    share buyback programme

    2,419,000

     

    857,181,260.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank holds a total of 2,418,890 own shares, equal to til 4.43% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    • SM 48 UK incl. enc

    The MIL Network –

    January 23, 2025
  • MIL-OSI Europe: Federal Councillor Beat Jans at ministerial meeting in Luxembourg

    Source: Switzerland – Federal Administration in English

    Federal Department of Justice and Police

    Bern, 10.10.2024 – On 10 October, Federal Councillor Beat Jans attended a meeting of justice and home affairs ministers of the (EU and) Schengen states in Luxembourg. The talks focused on better protection of the external border, internal border controls and the need for reform in relation to the EU’s return policy.

    These are priority issues for the Schengen states this year. The Hungarian Council presidency focused the ministerial meeting agenda on the protection of the external border, in particular the digitalisation of processes and systems, and the implementation of interoperability.

    Federal Councillor Beat Jans stressed that external border protection was only one element of a functioning Schengen area and that challenges such as secondary immigration, Dublin transfers and internal border controls must also be addressed. External borders should also be strengthened through better cooperation with third countries. In this regard, the head of the FDJP referred to Switzerland’s positive experience with migration partnerships, which served the interests of all parties involved and ensured that fundamental rights were guaranteed.

    Mr Jans welcomed the discussion on return policy initiated by the Council presidency. He emphasised that there was a need to reform legislation in the area of return policy and argued in favour of Schengen states having greater room for manoeuvre in returning dangerous individuals. He was open to the suggestion that voluntary return to Afghanistan and Syria and the associated expansion of operational support from Frontex should be discussed in European bodies.

    Bilateral meetings

    In Luxembourg, Mr Jans held his first talks with the new French Interior Minister, Bruno Retailleau. He spoke with the new Greek Migration and Asylum Minister, Nikos Panagiotopoulos, about cooperation on migration as part of Switzerland’s second contribution to selected EU states. Switzerland is providing support in Greece for projects to strengthen migration management and to accommodate vulnerable refugees. Mr Jans was briefed by Norwegian Justice Minister Emilie Enger Mehl on the latest asylum policy decisions in Norway. He discussed internal border controls with Czech Interior Minister Vít Rakušan and Austrian Interior Minister Gerhard Karner.


    Address for enquiries

    FDJP Communication Service, info@gs-efd.admin.ch, T +41 58 462 18 18


    Publisher

    Federal Department of Justice and Police
    http://www.ejpd.admin.ch

    MIL OSI Europe News –

    January 23, 2025
  • MIL-OSI New Zealand: Asphalt resurfacing for section of SH2 in Dannevirke

    Source: New Zealand Transport Agency

    A section of State Highway 2 (SH2) in Dannevirke will be closed to northbound traffic for 4 days, while the road is resurfaced later this month.

    This asphalt resurfacing work will take place on SH2 Stanley Street, between Denmark Street and Miller Street from Tuesday 29 October.

    During day-time work hours, a detour will be in place for northbound traffic; southbound traffic will continue to flow freely on SH2. The detour is suitable for all vehicle types.

    Crews will be working from 6.30am to 5pm each day between Tuesday 29 October and Friday 1 November (weather permitting).

    During these work hours, northbound traffic will be detoured via Rawhiti Street, Queen Street, Allan Street and onto Cole Street, before rejoining SH2.

    A temporary speed limit of 30km/h will be in place for southbound traffic near the worksite. Outside of work hours, SH2 will be open with a reduced speed limit in place.

    This resurfacing work will improve the durability and long-term condition of this section of road. A one-way daytime closure allows crews to complete the work as efficiently and safely as possible while keeping traffic moving, and minimising ongoing disruption and long delay times.

    Resident and business access remains and northbound road users are advised to follow the detour to get to your destination. The detour is expected to add less than 5 minutes to journey times.

    Thank you for your patience and understanding while we complete this important road renewal work.

    We know that a well-maintained state highway network promotes safety and improves options for moving people and freight. 

    Other works underway or coming up on SH2

    • State Highway 2, rebuild: Work has begun on a section of SH2 at Matamau, near Factory Road, north of Dannevirke. Stop/go will be in place each day for about 4 weeks, finishing on 30 October.
    • State Highway 2, resurfacing: Asphalting works are underway on SH2 near the Mangatera Stream Bridge, north of Dannevirke. Stop/go is in place at night, with works expected to finish on Saturday 12 October.
    • State Highway 2, rebuild: From 31 October – 28 November, road rebuild work will take place on SH2 in Papatawa, north of Ball Road, between Woodville and Dannevirke. Daytime stop/go will be in place.

    More information about SH2 Dannevirke works

    For more information about the 2024/2025 road maintenance season, please visit:

    NZTA’s Manawatū-Whanganui maintenance and operations webpage

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI China: China-led resolution on women’s rights wins broad support at UNHRC

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

    Chen Xu, China’s permanent representative to the UN Office in Geneva and other international organizations in Switzerland, speaks during the 57th session of the United Nations Human Rights Council in Geneva, Switzerland, Oct. 9, 2024. A resolution marking the 30th anniversary of the Beijing Declaration and Platform for Action was adopted by consensus on Wednesday during the 57th session of the United Nations Human Rights Council. [Photo/Xinhua]

    GENEVA, Oct. 10 — A resolution marking the 30th anniversary of the Beijing Declaration and Platform for Action was adopted by consensus on Wednesday during the 57th session of the United Nations Human Rights Council.

    Chen Xu, China’s permanent representative to the UN Office in Geneva and other international organizations in Switzerland, introduced the draft resolution. It was co-submitted by China, Denmark, France, Kenya, and Mexico, and received widespread support, with 112 countries backing the initiative as co-sponsors.

    Chen noted that the Fourth World Conference on Women in Beijing adopted the Beijing Declaration and Platform for Action, marking a historic milestone in the development of women’s rights globally.

    While acknowledging the significant progress in women’s social status over the past three decades, Chen emphasized that challenges remain in fully realizing the goals of the Beijing Declaration and Platform for Action. The resolution aims to revitalize the declaration’s spirit, reflecting the shared ambition to accelerate gender equality and strengthen international cooperation in tackling these persistent challenges.

    During the adoption of the resolution, representatives from countries including France, Finland, Gambia, Sudan, the Dominican Republic, Chile, Argentina, and Japan affirmed that the declaration’s spirit continues to guide global efforts to promote and protect women’s rights.

    China has also proposed convening a Global Leaders’ Meeting on Gender Equality and Women’s Empowerment in 2025, marking the 30th anniversary of the Fourth World Conference on Women.

    The 57th session of the United Nations Human Rights Council is held in Geneva, Switzerland, Oct. 9, 2024. [Photo/Xinhua]

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI China: S. Korean author Han Kang wins Nobel Prize in Literature

    Source: China State Council Information Office

    Permanent Secretary of the Swedish Academy Mats Malm announces the laureate of the 2024 Nobel Prize in Literature in Stockholm, Sweden, Oct. 10, 2024. [Photo/Xinhua]

    South Korean author Han Kang has been awarded the 2024 Nobel Prize in Literature, the Swedish Academy announced on Thursday.

    The announcement made Han the first South Korean writer to win this prestigious honor. The academy praised her “for her intense poetic prose that confronts historical traumas and exposes the fragility of human life.”

    Anders Olsson, chair of the Nobel Committee for Literature, commended Han’s “physical empathy for the vulnerable, often female lives” of her characters.

    “She has a unique awareness of the connections between body and soul, the living and the dead, and in a poetic and experimental style, has become an innovator in contemporary prose,” Olsson said.

    Her novel The Vegetarian, which won the 2016 International Booker Prize, remains her most internationally recognized work. She has also written several other acclaimed works such as Human Acts, The White Book, and Greek Lessons.

    MIL OSI China News –

    January 23, 2025
←Previous Page
1 … 116 117 118 119 120 … 128
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

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

Twenty Twenty-Five

Designed with WordPress