NewzIntel.com

Category: Scandinavia

  • Top UK leaders back India’s zero tolerance policy against terrorism

    Source: Government of India

    Source: Government of India (4)

    An all-party Indian Parliamentary delegation led by BJP MP Ravi Shankar Prasad on Monday held high-level engagements in London with UK ministers, lawmakers, leaders, think tanks, and India friendship groups, highlighting Operation Sindoor as a significant shift in the country’s counter-terrorism approach.

    The delegation received wide-ranging support during the discussion on strengthening India–UK collaboration against cross-border terrorism, reaffirming shared commitments to global security, justice, and strategic partnership.

    In an interaction at the British Parliament, the delegation apprised UK Minister for Citizenship and Migration Seema Malhotra of India’s resolve against fighting terrorism.

    Furthermore, the delegation met with UK Minister for the Indo-Pacific, Catherine West, who reaffirmed Britain’s strong condemnation of terrorist attacks in India. She underscored India’s strategic and economic importance to the UK, particularly in promoting stability in the Indo-Pacific region and driving global economic growth.

    As a country that has also endured the impact of terrorism, West stated that the UK firmly believes perpetrators of such acts must be held accountable, and emphasized the need for all nations to work collectively to achieve this goal.

    They also met with Labour Party India Friendship Groups – including Labour Friends of India, Labour Convention of Indian Organisations, Sikhs for Labour, and Hindus for Labour – who expressed their solidarity with India in a unified voice and extended firm support in their fight against terrorism.

    Both sides agreed that terror infrastructure must be dismantled wherever it exists and that terror financing must be addressed decisively, acknowledging that what affects India today could impact any nation, including the UK. They underscored the importance of continued dialogue to foster mutual understanding and expressed a shared commitment to strengthening cooperation and engagement between the Labour Party and India.

    Later, the delegation engaged with Co-Chair of the Conservative Party Dominic Johnson and Co-Chair of the Conservative Friends of India Koolesh Shah at Conservative Campaign Headquarters.

    Earlier, on Monday, the delegates interacted with UK-based think tanks.

    “Today, alongside my esteemed colleagues from the all-party delegation, I had the privilege of engaging with UK think tanks and the academic community, sharing India’s unwavering stance of zero tolerance towards terrorism. We highlighted the ‘new normal’ established by India in countering state-sponsored terrorism. Our dialogue with leading think tanks was fruitful, and we conveyed our concerns, explaining the purpose of our visit,” Ravi Shankar Prasad posted on X.

    “We emphasised India’s capability in handling Pakistan, which we have successfully done in the past. While we believe in peace and amity, we also recognise the need to take decisive action to protect our citizens from terrorism. The world must understand the scourge of terrorism. We also underscored India’s economic achievements, emerging as a manufacturing hub with global recognition. As a sovereign nation with a significant growth trajectory, we firmly believe terrorism and trade are incompatible,” he added.

    The delegation concluded the day by interacting with UK thought leaders over dinner, discussing the global threat posed to all societies by terrorism, its social impact, and the connected rise of radicalisation.

    The Indian delegation arrived in London on Saturday after concluding visits to France, Italy, and Denmark.

    Apart from Prasad, the nine-member delegation includes, Daggubati Purandeswari (BJP), Priyanka Chaturvedi (Shiv Sena-UBT), Ghulam Ali Khatana (BJP), Amar Singh (Congress), Samik Bhattacharya (BJP), M. Thambidurai (AIADMK), former Union Minister M.J. Akbar, and former Ambassador Pankaj Saran.

    (With inputs from IANS)

  • MIL-OSI: Konsolidator launches financial data warehouse – Built for finance, not IT

    Source: GlobeNewswire (MIL-OSI)

    Press release no. 3-2025
    Copenhagen, June 3, 2025

    Konsolidator launches financial data warehouse – Built for finance, not IT
    Today, Konsolidator announces the launch of its financial data warehouse, designed specifically for CFOs and finance teams. Built to tackle the data overload facing finance departments, the solution delivers structured, reliable data for reporting without relying on internal IT resources. Part of the product pillar from the company’s 2025–2027 “Resilient Growth” strategy, the data warehouse utilizes Konsolidator’s core expertise in financial reporting.

    A new foundation for financial data
    Konsolidator’s financial data warehouse taps into Konsolidator’s existing experience in financial reporting. The purpose of Konsolidator’s financial data warehouse is to give finance professionals a clean, structured view of their data, ready for reporting and decision-making. Finance teams today face a clear problem: too much data, from too many systems, and no clear way to use it. ERP systems, CRMs, spreadsheets, and planning tools provide complexity instead of insight.

    “It’s no longer about access to data—it’s about making sense of it. You need a solution built for finance, not developers,” says Lars Højer Paaske, Head of Product at Konsolidator.

    A solution for teams without the internal IT resources

    The financial data warehouse is designed for finance teams who want control over their data, without needing internal or external IT experts to build and maintain infrastructure. Fully integrated with Microsoft Fabric and Power BI, the solution enables advanced analytics, transaction-level transparency, and automated reporting workflows. Many companies lack the internal expertise to build or maintain a data warehouse. Konsolidator’s hosted solution has built-in governance, security, and compliance—so finance teams can focus on insight, not infrastructure.

    2025-2027 strategy: Broader product offerings

    The financial data warehouse is, together with the upcoming FP&A tool, part of Konsolidator’s broader “Build, Buy or Partner” approach. It is one of four strategic pillars of the Resilient Growth strategy and the first step in launching The Konsolidator Suite—our new platform approach that gives finance teams end-to-end control over their data, from consolidation to reporting, and fits into a more holistic view of finance digital ecosystems.

    We’re building solutions that make CFOs better with reliable data, not just in the monthly reporting, but to feed into the overall strategy.

    “This is the first step into something bigger,” says CEO Claus Finderup Grove. “We’re moving beyond ‘just being a consolidation product’ to become a central part of the entire finance department. We believe finance teams already have the right skills and data—they just need the right tools to use it.”

    Contacts

    About Konsolidator
    Konsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed on the Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL

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    The MIL Network –

  • MIL-OSI Economics: Global uncertainty affects the financial sector

    Source: Danmarks Nationalbank

    3 June 2025

    The ongoing trade conflict has worsened the global growth outlook, while the risk of new shocks to the financial markets has become a more persistent threat due to the high level of global uncertainty regarding trade policy. As a small, open economy, Denmark will be affected by the trade conflict, and the financial sector may experience a particular impact on bank lending to export-sensitive industries.

    “Uncertainty is detrimental to financial markets and the economy, and if the trade conflict escalates, it will undoubtedly weaken the global economy. A decline in Danish exports will affect Danish companies and may lead to losses on bank lending,” says Peter E. Storgaard, Head of Financial Stability at Danmarks Nationalbank.

    Credit institution’s profits remained high in 2024, in part due to low loan impairment charges. The banks’ core earnings make up the first line of defence against potential losses. Danmarks Nationalbank’s biannual stress test of the financial sector shows that Danish institutions can withstand a severe recession scenario.

    “In times of high uncertainty, financial stability may come under strain. The Danish financial sector is well equipped to handle challenges related to the effects of the trade conflict on the Danish economy, which our latest stress test emphasises. In the current risk environment, a robust liquidity position and capitalisation of banks is crucial,” says Storgaard and continues:

    Every six months, Danmarks Nationalbank publishes its Financial stability analysis, which assesses and makes recommendations regarding financial stability in Denmark.

    The most recent analysis was published today at www.nationalbanken.dk.

    Journalists may direct any queries Peter Levring, Communications and Press Officer, by telephone on +45 2620 1809 or by email at pnbl@nationalbanken.dk.

    MIL OSI Economics –

  • MIL-OSI: JLT Mobile Computers showcases JLT6015 at TOC Europe, June 17-19, 2025 – a new innovative rugged vehicle-mount computer enabling container terminal automation

    Source: GlobeNewswire (MIL-OSI)

    Image description: TOC Europe 17-19 June 2025
    Image available: pr@jltmobile.com

     Växjö, Sweden, 3rdJune, 2025 * * * JLT Mobile Computers, a leading developer and supplier of reliable computers for demanding environments, invites media to experience its latest rugged vehicle-mount computers at TOC Europe on June 17-19, 2025. The annual conference in Rotterdam, Netherlands, brings together global port and terminal supply chain leaders.

    JLT will be at stand E:32 alongside Visy, a pioneer in optical character recognition (OCR) that integrates AI and deep learning into its vision-based terminal automation solutions.

    JLT’s rugged computers support thousands of critical tasks every day and are essential for executing routines in container terminals. For example, Visy’s latest user applications for crane operations run on JLT computers – helping terminal personnel work more efficiently and maintain the planned sequence of operations.

    At TOC Europe, JLT will showcase its portfolio of rugged vehicle-mount computers, spearheaded by JLT6105, the industry’s first rugged vehicle-mount computer with a 15-inch full high-definition (HD) widescreen, alongside the field-proven Navis Ready validated VERSO Series. Designed specifically for container terminals, these rugged computers enable 24/7 container throughput and optimize productivity in even the harshest environments.With over 25 years of experience in container handling environments, JLT’s rugged devices are trusted by leading container terminals worldwide. They serve as the digital backbone for real-time data capture and reliable communications.

    Together, JLT’s rugged hardware and Visy’s smart automation solutions create value across the terminal – from wharf and yard to gates and parking areas.”

    Introducing JLT6015: engineered to boost productivity and maximize TEU capacity
    JLT6015 is the industry’s first to combine a superior full HD display, 1920 x 1080, with a 16:9 widescreen aspect ratio. It delivers exceptional clarity and performance in harsh, constrained terminal environments. JLT6015 is future-ready with 5G (in Europe) and Wi-Fi 6E connectivity, split-screen capabilities, and a rugged, dock-free design. JLT6015 gives operators the visibility and computing performance to keep terminals productive and connected.

    Peter Lundgren, Container Terminal Business Development Manager at JLT Mobile Computers, says, “JLT6015 harnesses the full potential of the latest software applications from Visy and opens new opportunities to optimize container terminal productivity and throughput.”

    VERSO Series: Navis Ready validated for N4 Terminal Operating System
    Built for 24/7 operations in the most challenging terminal environments, VERSO Series is the optimal rugged computer for container terminals. Engineered to withstand salt, sand, or harsh weather, constant vibration, and round-the-clock shifts, it provides reliable performance throughout the terminal. It is designed to keep terminal operations moving, enhancing capacity, productivity, and container throughput. It is Navis Ready, allowing terminal operators to benefit from seamless integration, as compliance with the container terminal operating system is pre-verified.  

    On display also the latest developments of JLT Insight, a software tool to assist in real time location and tracing of CHE:s, hence optimizing the use of the CHE fleet.

    Visit us at TOC Europe
    Be the first to experience JLT6015, explore VERSO Series and JLT’s rugged vehicle-mount computers at TOC Europe at Visy’s stand E:32. Peter Lundgren, Business Development Manager Ports and Terminals Container Terminals, will be onsite to demonstrate.

    Book a meeting with Peter Lundgren.

    To learn more about JLT Mobile Computers, and the company’s products, services and solutions, visit jltmobile.com. Financial information is available on JLT’s investor page.

    About JLT Mobile Computers

    JLT Mobile Computers is a leading developer and supplier of rugged mobile computing devices and solutions for global and local port operators, in particular container terminals. Almost 30 years of development and manufacturing experience have enabled us to set the standard in rugged computing, combining outstanding product quality with expert service, support, and solutions. Operators depend on JLT computing devices in all their container handling equipment (CHE) to ensure trouble-free business operations 24/7. JLT participates in the Navis Ready Validation program to ensure interoperability with Navis N4. JLT operates globally from offices in Sweden, France and the US, complemented by an extensive network of sales partners in local markets. The company was founded in 1994 and its shares have been listed on the Nasdaq First North Growth Market stock exchange since 2002 under the symbol JLT. Eminova Fondkommission AB acts as Certified Adviser. Learn more at www.jltmobile.com.

    The MIL Network –

  • MIL-OSI: TGS Investor Presentation at the 2025 EAGE Conference

    Source: GlobeNewswire (MIL-OSI)

    OSLO, Norway (3 June 2025) – TGS, a leading provider of energy data and intelligence, attends investor meetings at the EAGE industry conference today. The presentation the company is using includes one new slide (#8 in the presentation) showing booked positions for streamer and OBN for the next quarters. 

    The presentation can be downloaded from www.newsweb.no or www.tgs.com.

    For more information, visit TGS.com or contact:
    Bård Stenberg
    VP IR & Communication
    Mobile: +47 992 45 235
    investor@tgs.com

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    The MIL Network –

  • PM congratulates Gukesh, lauds wrestlers’ golden run

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday congratulated world chess champion D Gukesh for his maiden victory over Magnus Carlsen at the Norway Chess 2025 tournament. The win came in Round 6 of the prestigious event, marking a significant moment in the young grandmaster’s career.
     
    Calling it an “exceptional achievement,” the Prime Minister praised Gukesh’s talent and commitment. In a post on X, PM Modi said, “An exceptional achievement by Gukesh! Congratulations to him for triumphing over the very best. His first-ever win against Magnus Carlsen in Round 6 of Norway Chess 2025 showcases his brilliance and dedication. Wishing him continued success in the journey ahead.”
     
    In another message, Prime Minister Modi lauded the Indian wrestling team for their remarkable performance at the 3rd Ranking Series of the Ulaanbaatar Open 2025. Indian wrestlers brought home a total of 21 medals, including six golds, with women athletes delivering their best-ever performance at the event.
     
    Congratulating the team the Prime Minister said on X, “India’s accomplishments in sports continue! Congrats to our wrestlers for their phenomenal performance at the 3rd Ranking Series in the Ulaanbaatar Open 2025, bringing home 21 medals including 6 Golds. Our Nari Shakti has given their best ever performance at the Ranking Series, making this feat even more memorable. This sporting performance will inspire several upcoming athletes.”

  • What’s the point in standard chess, Carlsen wonders after table slam

    Source: Government of India

    Source: Government of India (4)

    A seething Magnus Carlsen slammed his fist into a table after suffering his first defeat by world champion Gukesh Dommaraju in a classical game in Stavanger before the Norwegian wondered why he was still playing standard chess.

    On Sunday, Carlsen had his opponent on the ropes for much of the match in the Norway Chess 2025 tournament but his composure cracked under the pressure of a ticking clock and he committed a blunder that handed India’s Gukesh a decisive advantage.

    Carlsen slammed his fist on the table after the defeat before exchanging a quick handshake with Gukesh, apologising for his outburst and storming off.

    Norway Chess 2025 marks Carlsen’s first appearance in a standard tournament since the Chess Olympiad last September as the 34-year-old has been turning his focus onto Freestyle Chess, having relinquished his world title citing a lack of motivation.

    In Chess960/Freestyle chess, the starting position of the pieces on the back rank are reshuffled, meaning computer-backed preparations leading to sometimes dull openings are meaningless.

    “Losses are painful no matter what but at least if you can lose doing something you really enjoy it’s easier,” Carlsen said on Monday after a quick draw with world number two Hikaru Nakamura.

    “(In Freestyle chess) I don’t have situations like yesterday where I’m just wondering why am I doing this, what’s the point?

    “I will do my best in the last three games (here) and then we’ll see I suppose.”

    Carlsen’s outburst left Gukesh shell-shocked on Sunday, although the world champion said he also sometimes loses his temper over the board.

    “I mean, (the win was) not the way I wanted it to be, but okay, I’ll take it,” Gukesh told Chess.com.

    “… I’ve also banged a lot of tables in my career.”

    (Reuters)

  • MIL-Evening Report: What parents and youth athletes can do to protect against abuse in sport

    Source: The Conversation (Au and NZ) – By Fanny Kuhlin, PhD candidate in Sport Management (Sport Science), Örebro University

    Ron Alvey/Shutterstock

    From the horrific Larry Nassar abuse scandal in United States gymnastics to the “environment of fear” some volleyball athletes endured at the Australian Institute of Sport, abuse in sport has been well documented in recent years.

    This abuse in elite sport sport has been particularly visible but it is not just happening at the top level. Abusive and harmful practices are happening in all sports, at all ages and at all competition levels.

    While sport can have many wonderful benefits for young people, it can also have a dark side, one where abuse can flourish, leading to serious psychological and physical harm.

    How can parents ensure their children are safe?



    Read more:
    The 3 changes Australian sport must make after Volleyball Australia’s shocking abuse report

    Abuse in sports

    A 2022 Australian study showed 82% of children had experienced physical, psychological or sexual abuse during their time participating in community sport. This makes the abuse prevalence similar to that found in elite sport environments.

    The line between abuse and acceptable behaviour is blurred more in sport than in many other environments.

    For example, in school, it would be unacceptable for a teacher to scream at a child who performed poorly on a test but in sports, screaming is a commonly used strategy by a coach to correct a young athlete’s behaviour.

    Research from earlier this year shows athletes often justify the behaviours of their coaches.

    The following quote from an elite-level gymnast in an ongoing research project demonstrates how athletes often learn to accept abusive behaviours as necessary for their performance:

    (He) was a strict coach. He spoke loudly […] but I’m a gymnast, I need that. I don’t know if everybody needs that but if I did something really bad, he screamed at me and this kind of gave me motivation to push myself more, so for me this type of coaching style was really good.

    Challenges and changes

    The “win-at-all-costs” mentality in many sports is also problematic.

    When winning is everything, abusive practices are not seen as a problem to be stamped out but rather as legitimate strategies to motivate and toughen up the participants.

    Athletes are not the only ones who normalise these practices. Parents, coaches and administrators might also come to tolerate, accept or even celebrate abusive behaviours and cultures as a “natural” part of sport.

    This means experiences of abuse may flourish in such environments.

    Thankfully, some sports organisations have in recent years made significant changes to reduce the likelihood of abuse and deal with cases as soon as they arise.

    Sport Integrity Australia (SIA), for example, is implementing national policies for safeguarding and whistleblowing, where abuse and harmful behaviour can be reported.

    SIA has also recently co-developed a course with other leading sport agencies to help coaches working with young athletes better navigate the complexities of physical, emotional and psychological development.

    While these are potentially steps in the right direction, researchers have pointed out that similar efforts have achieved mixed results and there are no guarantees of athlete safety.

    Parents may therefore rightly ask what they might do to protect their child(ren) from abuse and maximise the positive gains from participating in sport.

    Tips for parents and caregivers

    Firstly, parents and caregivers have the right to be included in their childrens’ sporting participation.

    This involves being informed about training times and competition schedules, training content, coaching style and behavioural expectations.

    Parents should also be welcomed to watch their children’s training sessions at any time and unannounced.

    Denying parents information or access to facilities have been identified as a potential risk factors.

    The right for inclusion also refers to decision-making. Sport is often hierarchical with authoritarian leadership styles, which are significant risk factors for abuse in sports.

    So it is important children and their parents are provided with spaces and opportunities to have a say in matters related to their (child’s) sporting participation.

    Secondly, young athletes and their parents/caregivers should be made aware of the policies and safety measures put in place to keep children safe.

    If these are not clearly communicated, parents/caregivers are encouraged to ask what actions a club has put in place.

    If protection and prevention are not developed, or considered limited or ineffective, parents are recommended to raise their concerns.

    Lastly, parents should be conscious of the “win-at-all-costs” mentality found in many sports and consider how this can lead to abusive practices being accepted as a “natural” part of sport.

    By staying informed, involved and attentive, parents can play a powerful role in supporting safer sporting environments for all children.

    Natalie Barker-Ruchti is affiliated with Safesport Sweden.

    Fanny Kuhlin, Jessica Lee, and Steven Rynne do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. What parents and youth athletes can do to protect against abuse in sport – https://theconversation.com/what-parents-and-youth-athletes-can-do-to-protect-against-abuse-in-sport-255614

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Apocalypse When? Hubble Casts Doubt on Certainty of Galactic Collision

    Source: NASA

    As far back as 1912, astronomers realized that the Andromeda galaxy — then thought to be only a nebula — was headed our way. A century later, astronomers using NASA’s Hubble Space Telescope were able to measure the sideways motion of Andromeda and found it was so negligible that an eventual head-on collision with the Milky Way seemed almost certain.
    A smashup between our own galaxy and Andromeda would trigger a firestorm of star birth, supernovae, and maybe toss our Sun into a different orbit. Simulations had suggested it was as inevitable as, in the words of Benjamin Franklin, “death and taxes.”
    But now a new study using data from Hubble and the European Space Agency’s (ESA) Gaia space telescope says “not so fast.” Researchers combining observations from the two space observatories re-examined the long-held prediction of a Milky Way – Andromeda collision, and found it is far less inevitable than astronomers had previously suspected. 
    “We have the most comprehensive study of this problem today that actually folds in all the observational uncertainties,” said Till Sawala, astronomer at the University of Helsinki in Finland and lead author of the study, which appears today in the journal Nature Astronomy.
    His team includes researchers at Durham University, United Kingdom; the University of Toulouse, France; and the University of Western Australia. They found that there is approximately a 50-50 chance of the two galaxies colliding within the next 10 billion years. They based this conclusion on computer simulations using the latest observational data.

    These galaxy images illustrate three possible encounter scenarios between our Milky Way and the neighboring Andromeda galaxy. Top left: Galaxies M81 and M82. Top right: NGC 6786, a pair of interacting galaxies. Bottom: NGC 520, two merging galaxies.
    Science: NASA, ESA, STScI, DSS, Till Sawala (University of Helsinki); Image Processing: Joseph DePasquale (STScI)

    Sawala emphasized that predicting the long-term future of galaxy interactions is highly uncertain, but the new findings challenge the previous consensus and suggest the fate of the Milky Way remains an open question.
    “Even using the latest and most precise observational data available, the future of the Local Group of several dozen galaxies is uncertain. Intriguingly, we find an almost equal probability for the widely publicized merger scenario, or, conversely, an alternative one where the Milky Way and Andromeda survive unscathed,” said Sawala.
    The collision of the two galaxies had seemed much more likely in 2012, when astronomers Roeland van der Marel and Tony Sohn of the Space Telescope Science Institute in Baltimore, Maryland published a detailed analysis of Hubble observations over a five-to-seven-year period, indicating a direct impact in no more than 5 billion years. 
    “It’s somewhat ironic that, despite the addition of more precise Hubble data taken in recent years, we are now less certain about the outcome of a potential collision. That’s because of the more complex analysis and because we consider a more complete system. But the only way to get to a new prediction about the eventual fate of the Milky Way will be with even better data,” said Sawala.
    100,000 Crash-Dummy Simulations
    Astronomers considered 22 different variables that could affect the potential collision between our galaxy and our neighbor, and ran 100,000 simulations called Monte Carlo simulations stretching to 10 billion years into the future. 
    “Because there are so many variables that each have their errors, that accumulates to rather large uncertainty about the outcome, leading to the conclusion that the chance of a direct collision is only 50% within the next 10 billion years,” said Sawala.
    “The Milky Way and Andromeda alone would remain in the same plane as they orbit each other, but this doesn’t mean they need to crash. They could still go past each other,” said Sawala. 
    Researchers also considered the effects of the orbits of Andromeda’s large satellite galaxy, M33, and a satellite galaxy of the Milky Way called the Large Magellanic Cloud (LMC).  
    “The extra mass of Andromeda’s satellite galaxy M33 pulls the Milky Way a little bit more towards it. However, we also show that the LMC pulls the Milky Way off the orbital plane and away from Andromeda. It doesn’t mean that the LMC will save us from that merger, but it makes it a bit less likely,” said Sawala. 

    [embedded content]

    In about half of the simulations, the two main galaxies fly past each other separated by around half a million light-years or less (five times the Milky Way’s diameter). They move outward but then come back and eventually merge in the far future. The gradual decay of the orbit is caused by a process called dynamical friction between the vast dark-matter halos that surround each galaxy at the beginning.
    In most of the other cases, the galaxies don’t even come close enough for dynamical friction to work effectively. In this case, the two galaxies can continue their orbital waltz for a very long time.
    The new result also still leaves a small chance of around 2% for a head-on collision between the galaxies in only 4 to 5 billion years. Considering that the warming Sun makes Earth uninhabitable in roughly 1 billion years, and the Sun itself will likely burn out in 5 billion years, a collision with Andromeda is the least of our cosmic worries. 
    The Hubble Space Telescope has been operating for over three decades and continues to make ground-breaking discoveries that shape our fundamental understanding of the universe. Hubble is a project of international cooperation between NASA and ESA (European Space Agency). NASA’s Goddard Space Flight Center in Greenbelt, Maryland, manages the telescope and mission operations. Lockheed Martin Space, based in Denver, also supports mission operations at Goddard. The Space Telescope Science Institute in Baltimore, which is operated by the Association of Universities for Research in Astronomy, conducts Hubble science operations for NASA.

    MIL OSI USA News –

  • MIL-OSI Europe: Answer to a written question – Tackling barriers to collecting road traffic fines and parking charges from foreign motorists – E-001123/2025(ASW)

    Source: European Parliament

    Parking policy and enforcement is primarily a municipal matter falling under Member States’ competence.

    Technical barriers to be addressed at national level in the future could include for example the use of the latest digital and technical interoperable solutions for parking to scan licence plates.

    As regards parking fees levied by city authorities, there is currently no EU legislation for the cross-border data transfer of vehicle- or vehicle holder-data to follow up parking offences, unless such offences constitute road safety related traffic offences (such as, dangerous parking).

    If so, Directive (EU)2015/413 as amended[1] will be applicable in the future and the EU-wide information exchange system (e.g. based on EUCARIS[2]) will be available for cross-border data exchange for enforcement purposes.

    For parking fees levied by private companies, the European Small Claims Procedure[3] to collect unpaid fees may be used.

    Council Framework Decision 2005/214/JHA on the application of the principle of mutual recognition to financial penalties[4] can be applied in cross-border cases for non-payment of financial penalties in case its strict conditions are met.

    The procedure applies to all offences for which financial penalties can be imposed, including road traffic offences. The final decision imposing the financial penalty must be issued by a criminal court or an administrative authority.

    In the latter case the law has to provide for the person concerned the opportunity to have their case tried by a court having jurisdiction in particular in criminal matters[5].

    Only the most severe parking offences (dangerous parking or stopping) meet these criteria. Member States can refuse to recognise and execute the decision, if the financial penalty is below EUR 70.

    • [1] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202403237.
    • [2] https://www.eucaris.net/.
    • [3] https://europa.eu/youreurope/business/dealing-with-customers/solving-disputes/european-small-claims-procedure/index_en.htm. The procedure covers claims up to EUR 5 000 (excluding expenses) in any EU country except for Denmark.
    • [4] OJ L 076 22.3.2005, p. 16.
    • [5] See Article 1 (a) (ii) and (iv) of Council Framework Decision 2005/214/JHA.
    Last updated: 2 June 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – The impact of the EU Critical Raw Materials Act on environmental criteria and the treatment of protected areas – E-002086/2025

    Source: European Parliament

    Question for written answer  E-002086/2025
    to the Commission
    Rule 144
    Li Andersson (The Left)

    The aim of the EU Critical Raw Materials Act (CRMA) is to ensure that 10 % of the EU’s needs for strategic raw materials are met with materials produced on its territory. This will bring to the fore the environmental and social effects of mining that had previously been hidden owing to the EU’s importing of its minerals, mainly from the Global South.

    A project that meets the criteria laid down in Article 6 of the CMRA can obtain the status of a strategic project. Under those criteria, projects must be implemented sustainably, in particular as regards the monitoring, prevention and minimisation of environmental impacts. However, strategic status allows for accelerated permitting procedures and derogations from environmental directives such as the Habitats and Water Framework directives.

    In Finland, the first strategic projects have raised environmental concerns. The expansion of Terrafame, a mining company, was partially overturned by an administrative court, partly because of the risk of a major accident. On the other hand, the Sakatti mining project is being planned in the area of Viiankiaapa, which is home to one of Europe’s last string bogs (also known as aapa mires). The site is protected under both Natura and Finland’s national marshland protection scheme. The environmental impact assessment procedure has already shown that the mine would cause the water level in the mire to drop. As a result the grounds for protecting it would be lost and, ultimately, the mire would be destroyed.

    • 1.When the first sites with strategic project status in Finland are clearly environmentally destructive, the question arises as to what exactly the environmental criteria are for obtaining strategic project status?
    • 2.Has the EU created a gap in its high level of environmental protection with regard to mining projects by establishing derogations from the most effective directives in EU environmental legislation – the Nature and Water Framework directives – with a view to stepping up strategic autonomy?
    • 3.How will environmental protection with regard to mining projects be implemented in the future, and when it is possible for sites protected by nature conservation schemes to be used for mining projects, does the EU have any zones which are identified as absolutely prohibited areas?

    Submitted: 23.5.2025

    Last updated: 2 June 2025

    MIL OSI Europe News –

  • MIL-OSI Security: Websites Selling Hacking Tools to Cybercriminals Seized

    Source: US FBI

    Multinational operation linked services to known ransomware groups targeting victims worldwide

    HOUSTON – A coordinated effort involving an international disruption of an online software crypting syndicate which provides services to cybercriminals to assist them with keeping their malicious software (malware) from being detected has resulted in the seizure of four domains and their associated server, announced U.S. Attorney Nicholas J. Ganjei.

    Crypting is the process of using software to make malware difficult for antivirus programs to detect. The seized domains offered services to cybercriminals, including counter-antivirus (CAV) tools. When used together, CAV and crypting services allow criminals to obfuscate malware, making it undetectable and enabling unauthorized access to computer systems.

    According to the affidavit filed in support of these seizures, authorities made undercover purchases from seized websites and analyzed the services, confirming they were designed for cybercrime. Court documents also allege authorities reviewed linked email addresses and other data connecting the services to known ransomware groups that have targeted victims both in the United States and abroad, including in the Houston area.  

    “Modern criminal threats require modern law enforcement solutions,” said Ganjei. “As cybercriminals have become more sophisticated in their schemes, they have likewise become more advanced in their efforts to avoid detection. As such, our law enforcement efforts must involve striking not just at the individual fraudster or hacker, but the enablers of these cybercriminals as well. This investigation did exactly that. With this syndicate shut down, there is one less provider of malicious tools for cybercriminals out there.”

    “Cybercriminals don’t just create malware; they perfect it for maximum destruction,” said FBI Houston Special Agent in Charge Douglas Williams. “By leveraging counter antivirus services, malicious actors refine their weapons against the world’s toughest security systems to better slip past firewalls, evade forensic analysis, and wreak havoc across victims’ systems. As part of a decisive international operation, FBI Houston helped cripple a global cyber syndicate, seize their most lethal tools, and neutralize the threat they posed to millions around the world.”

    The seizures occurred May 27 in coordination with Finnish and Dutch national police as part of Operation Endgame, a multinational law enforcement initiative targeting the dismantling of malware cybercriminal services. Participating countries include the United States, The Netherlands, France, Germany and Denmark with additional support from Ukraine and Portugal.  

    The FBI Houston Field Office is conducting the investigation with the cooperation and significant assistance of law enforcement partners in The Netherlands and Finland and U.S. Secret Service.

    Assistant U.S. Attorneys (AUSA) Shirin Hakimzadeh and Rodolfo Ramirez are prosecuting the case. AUSA Kristine Rollinson is handling the seizure aspects of the case. 

    MIL Security OSI –

  • MIL-OSI Security: NATO Secretary General joins the Vilnius Summit of B9 and Nordic Allies

    Source: NATO

    NATO Secretary General Mark Rutte participated in the B9 and Nordic Summit in Vilnius on Monday (2 June 2025), hosted by President of Lithuania Gitanas Nausėda, at which Allied leaders were joined by President Zelenskyy of Ukraine. Discussions focused on preparing the NATO Summit in The Hague and strengthening support for Ukraine.

    The Secretary General thanked President Nausėda for hosting the meeting and commended Lithuania’s leadership and commitment to NATO. “Lithuania is a staunch Ally, and continues to lead by example,” said Mr Rutte, highlighting Lithuania’s current investment of over 4% of GDP in defence and its plans to increase this to between 5-6% in 2026. “This sends an incredibly powerful message of commitment to our collective defence, and it also sets an example for our other Allies. On this stage, and in our meetings today, it is clear that the commitment to collective defence is strong,” he said. 

    During their meeting, leaders discussed how to further strengthen NATO’s deterrence and defence. “We are facing the most dangerous security environment in decades,” said Mr Rutte. “We are not at war – but we are not at peace either.” He stressed the need to pivot to warfighting readiness, including significantly more forces that are well-trained, well-equipped, fully supported and sustainable. Mr Rutte said he expects the Summit in The Hague to demonstrate Allies’ enduring commitment to collective defence – through increased defence investment and defence industrial production, and agreement on ambitious new capability targets. “We continue to count on the B9 and our Nordic Allies to play a key role in these important efforts,” he said.

    Support for Ukraine will also be a priority for the Summit in The Hague. The Secretary General commended Ukraine’s efforts, and the role of Baltic and Nordic countries in providing persistent military and financial assistance. “A strong, sovereign Ukraine is essential for Euro-Atlantic security,” said Mr Rutte.

    The B9 format brings together Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia.  This summit was held jointly with Nordic Allies Denmark, Finland, Iceland, Norway and Sweden. President Zelenskyy of Ukraine attended elements of the meeting.

    MIL Security OSI –

  • MIL-OSI: ZA Miner Enhances Cloud Mining Platform with Flexible Contracts and Automated Payout Architecture

    Source: GlobeNewswire (MIL-OSI)

    ZA Miner’s new flexible contracts and automated mining systems broaden secure access to regulated crypto earnings.

    Image by ZA Miner

    MIDDLESEX, United Kingdom, June 02, 2025 (GLOBE NEWSWIRE) — ZA Miner, a United Kingdom-based cloud mining platform operated by FCA-regulated ZA Fundings Ltd, has announced a new set of features designed to expand secure and structured access to cryptocurrency mining. The platform’s latest update introduces flexible contract options and a fully automated payout system, reinforcing its commitment to infrastructure transparency and regulatory compliance.

    In response to growing interest in decentralized digital asset participation, ZA Miner now offers mining contracts with varied durations and projected performance estimates. These options are designed to accommodate different risk profiles and investment goals, from short-term entry-level contracts to longer-term commitments.

    Each contract is processed through ZA Miner’s automated backend system, which activates mining operations immediately upon user registration or contract execution. This reduces manual handling and ensures real-time integration with performance monitoring tools, allowing users to track contract activity through a secure dashboard.

    Mining activity is powered by energy-efficient equipment located in distributed data centers across regions such as Iceland and Kazakhstan. These locations were selected for their access to renewable energy and stable infrastructure, aligning with the platform’s emphasis on environmental responsibility and operational continuity.

    ZA Miner Contract Options

    Daily mining payouts are automatically distributed to users’ designated cold wallets using encrypted transfer protocols. The automated process removes the need for user-initiated withdrawals and supports consistent, secure delivery of earnings. The platform’s interface also includes analytics tools that allow users to evaluate mining performance and adjust their engagement based on data.

    A spokesperson for ZA Miner stated: “The addition of flexible contracts and automation reflects our mission to improve transparency and reduce entry barriers for users globally. Every update we implement is guided by our commitment to operational security and compliance.”

    ZA Miner operates under the supervision of the UK Financial Conduct Authority (FCA). All mining activities and user-facing systems are developed in line with UK regulatory frameworks. While historical performance data is made available for reference, the company emphasizes that all automated crypto earnings are subject to market volatility and cannot be guaranteed.

    The platform currently serves users in over 100 countries. All contract activations and user registrations are completed online, without the need for software downloads or physical mining equipment.

    About ZA Miner

    ZA Miner is a cloud-based mining provider headquartered in Middlesex, United Kingdom. Operated by ZA Fundings Ltd under FCA oversight, the platform offers regulated access to automated crypto mining with a focus on system automation, renewable energy sourcing, and global accessibility.

    Media Contact:
    Anisah Fatema Sheikh
    ZA FUNDINGS LTD
    info@zaminer.com
    https://www.zaminer.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/01ffe0f0-ac9b-401c-91e4-efb4548d100b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c7109d9e-258d-4dad-870f-8668670a04ef

    The MIL Network –

  • India and Japan strengthen maritime ties with focus on shipbuilding, green ports, and smart islands

    Source: Government of India

    Source: Government of India (4)

    In a significant step toward deepening maritime cooperation, Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal on Monday held a bilateral meeting with Japan’s Vice Minister for International Affairs, Terada Yoshimichi, in Oslo, Norway. The discussions, aimed at fostering stronger maritime relations between India and Japan, covered key areas such as shipbuilding, port digitization, green port initiatives, maritime training, and the transformation of India’s Andaman & Nicobar and Lakshadweep islands into Smart Islands.

    The ministers explored opportunities for Japanese investment in Indian shipyards, with a focus on collaborations involving leading Japanese companies like Imabari Shipbuilding, JMUC, Kanagawa Dockyard, and Mitsubishi Heavy Industries. Sonowal highlighted India’s interest in joint ventures with these firms, particularly for greenfield projects like Imabari Shipbuilding’s initiative in Andhra Pradesh. He also invited Japan’s maritime giants—NYK Line, MOL, and K Line—to explore investment opportunities in India’s burgeoning maritime sector.

    “Japan’s expertise in shipbuilding and ship repair is globally recognized, and we see immense potential for collaboration,” said Sonowal. “Our strong bilateral ties and India’s growing maritime industry present a unique opportunity for Japanese shipyards to invest in India, while collaboration on port digitization and green port initiatives will enhance the sustainability of our maritime logistics network.”

    The meeting also emphasized sustainable technologies and disaster-resilient infrastructure, with both sides discussing the development of Andaman & Nicobar and Lakshadweep as Smart Islands. Leveraging Japan’s expertise in island development, the collaboration aims to integrate renewable energy, smart mobility systems, and digital infrastructure while prioritizing ecological conservation and regional maritime security.

    Vice Minister Terada expressed Japan’s keen interest in expanding maritime collaboration, particularly in shipbuilding and seafarer training. “India and Japan share an intimate relationship, and we are very interested in the maritime sector,” he said, noting positive discussions on mutual cooperation. Japan, already a key partner in India’s railway infrastructure, is now looking to strengthen its presence in the maritime domain.

    A key focus of the talks was the upskilling and employment of Indian seafarers in Japan. With over 154,000 trained seafarers, India is well-positioned to support Japan’s maritime workforce. Sonowal proposed structured training programs by Japanese maritime leaders to enhance the skills of Indian engineers and workers, further solidifying bilateral ties.

    The ministers also discussed India’s ambitious National Maritime Heritage Museum (NMHC) at Lothal, Gujarat, aimed at showcasing the country’s rich maritime legacy. Sonowal invited Japan to partner in this project and expressed hope for an early MoU to formalize the collaboration. Additionally, he extended an invitation to Vice Minister Terada for the India Maritime Week 2025, to be held in Mumbai from October 27-31, 2025, to explore further opportunities for investment and innovation in the maritime sector.

    The talks underscored the deep Indo-Japanese partnership, rooted in shared values of democracy, freedom, and cultural ties. Both sides reaffirmed their commitment to regional maritime security and economic integration through frameworks like the Quad and the India-Japan-Australia Supply Chain Resilience Initiative (SCRI). Sonowal highlighted India’s alignment with Japan-led initiatives such as the International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI), and Leadership Group for Industry Transition (LeadIT).

    “Under the visionary leadership of Prime Minister Narendra Modi, India is transforming its maritime sector through initiatives like Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047,” said Sonowal. “With Japan’s partnership, we aim to scale new heights, targeting five trillion yen (₹3.2 lakh crore) in investments by 2027 for a sustainable and mutually beneficial future.”

  • MIL-OSI: Alma íbúðafélag hf.: Útboð á víxlum 5. júní 2025

    Source: GlobeNewswire (MIL-OSI)

    Alma íbúðafélag hf. heldur lokað útboð fimmtudaginn 5. júní nk. á þriggja mánaða óverðtryggðum víxlum (AL 25 0915) og sex mánaða óverðtryggðum víxlum (AL 25 1215). Víxlarnir eru óveðtryggðir.

    Arctica Finance hf. hefur umsjón með útboðinu og kynningu þess fyrir hugsanlegum fjárfestum.

    Útboðið fer fram með hollenskri aðferð, þ.e. öll samþykkt tilboð bjóðast fjárfestum á hæstu samþykktu flötu vöxtum. Víxlarnir eru gefnir út í 20 m.kr. nafnverðseiningum og verða teknir til viðskipta á Aðalmarkaði Nasdaq Iceland.

    Alma íbúðafélag hf. áskilur sér rétt til þess að taka hvaða tilboði sem er eða hafna þeim öllum. Niðurstöður útboðsins verða birtar opinberlega eigi síðar en næsta virka dag eftir útboð.

    Skila skal inn tilboðum á netfangið m@arctica.is fyrir klukkan 17:00 fimmtudaginn 5. júní 2025. Uppgjör viðskipta fer fram 16. júní 2025.

    Útboðið er undanþegið gerð lýsingar á grundvelli c- og d-liðar 4. mgr. 1. gr. reglugerðar Evrópusambandsins og ráðsins (ESB) nr. 2017/1129 um lýsingu sem birta skal þegar verðbréf eru boðin í almennu útboði eða tekin til viðskipta á skipulegum markaði og 1. mgr. 3. gr. laga nr. 14/2020 um sama efni.

    Tilkynning þessi er eingöngu sett fram í upplýsingaskyni og felur ekki í sér né er hún hluti af útboðinu eða boð um kaup eða áskrift á verðbréfum félagsins. Grunnlýsing, endanlegir skilmálar og önnur skjöl er varða útgáfu framangreinds flokks skuldaskjals eru birt á vefsíðu félagsins: http://www.al.is/company/investors/bond-issuance/.

    Nánari upplýsingar veitir:

    Ingólfur Árni Gunnarsson framkvæmdastjóri, ingolfur@al.is.

    The MIL Network –

  • MIL-OSI: Konsolidator grants 810,000 warrants

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 9-2025
    Søborg, June 2, 2025

    Konsolidator grants 810,000 warrants

    Today, the Board of Directors of Konsolidator A/S has exercised part of its current authorization by issuing 810,000 warrants to the employees.

    The warrants are issued in accordance with the company’s guidelines for incentive-based remuneration and the authorizations in sections 4.9 and 4.10 of the Articles of Association.

    Warrants to the employees
    Konsolidator has issued 810,000 warrants to its employees. As a small company, Konsolidator is dependent on its employees and also depends on attracting talented employees. Konsolidator is not able to offer the salaries given by larger companies, but is able to incentivize employees by issuing warrants. Management believes that by issuing warrants to the employees, Konsolidator is able to retain employees in the long run.

    CEO Claus Finderup Grove comments, “This is the fifth time we have issued warrants to our employees. We want to show our appreciation to our loyal employees. Having the ability to issue warrants to our employees is a good method for us to retain our talented employees.”

    Warrant terms
    The total 810,000 warrants correspond to a nominal value of DKK 32,400, as each warrant entitles the warrant holder to subscribe for one share of nominal DKK 0.04 in the Company. The exercise price is fixed at DKK 3.75 per share for the management and employees corresponding to the average of the closing share price as made public by Nasdaq Copenhagen for the Konsolidator share on the 5 trading days prior to the date on which the Board of Directors decided to grant the warrants.

    The warrants vest in a series of three (3) successive equal annual installments, with the first installment vesting in 2026 on the last day of the calendar month of the date of grant. Consequently, the last installment will vest in June 2028.

    Subject to vesting, the warrants can be exercised in periods of 4 weeks starting the day after publication of the Company’s annual report, half-year reports and/or quarterly financial announcements, respectively. Warrants that have not been exercised before five (5) years following the grant will lapse automatically.

    The warrant terms include a condition on accelerated vesting in case of a change of control, e.g., a takeover bid, resolution, and business transfer. The detailed warrant terms regarding warrants issued by the Company can be found in the Articles of Association on www.konsolidator.com/investor.

    After this grant of warrants, the total number of outstanding warrants is 2,405,030.

    Contacts

    Certified Adviser

    About Konsolidator
    Konsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed at Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Foyle Cup Launch 2025 at St. Joseph’s Boys School

    Source: Northern Ireland – City of Derry

    Foyle Cup Launch 2025 at St. Joseph’s Boys School

    2 June 2025

    The Press Launch of the ONeills Foyle Cup took place on Friday at St Joseph’s Boys’ School Westway, Derry – a most appropriate venue as St. Joseph’s are not only the present holders of Northern Ireland Under 18 Schools’ Cup but also host the Manchester United Foundation and the Stephen Gerrard 17-19 Academy, organised by Derry City F.C. on their school campus. 

     School Principal, Mrs. Ciara Deane, in introducing the large attendance at the launch, said: ‘It is a huge pleasure to support the Derry & District Youth F.A., organisers of the ONeills Foyle Cup and I  commend the work done by this organisation, not just for the kids of this city and district but for all the kids who have had a memorable experience of competing in the event over the thirty plus years of its existence, since  its humble beginnings in 1992.’ 

     The St. Joseph’s Principal continued: ‘I am delighted to hear that no fewer than 950 teams will compete in the 2025 event, resulting in over 20,000 actual participants creating lifelong memories and I’m even more delighted that our school premises will host some of the 3,300 fixtures scheduled this year!’ 

    John Murphy, on behalf of ONeills Sports, Title Sponsors, spoke proudly of what sponsorship of the Foyle Cup meant to his organisation. 

    ‘We’re incredibly proud to continue our partnership with the ONeills Foyle Cup, a tournament that captures the very best of youth football, community spirit, and international connection. 

    ‘With 950 teams competing this year from places as far afield as South Africa, Australia, the USA, Canada, Spain, Finland, and across the UK and Ireland, the ONeills Foyle Cup is a powerful reminder of how sport brings people together. At ONeills, we’re committed to supporting young athletes from the grassroots up, and this event truly reflects our passion for helping them grow in confidence, skill, and love for the game. We hope every player, coach, and supporter has a fantastic tournament experience and enjoys every moment on and off the pitch.” 

    The Deputy Mayor of Derry Strabane District Council, Darren Guy expressed his delight in how the event delivers for the city and district. 

     ‘I am proud to attend the formal launch of the 2025 Foyle Cup. The tournament is rightly regarded as one of the biggest and best celebrations of youth football in Europe and is a place where players, coaches and supporters make lifelong memories. 

    ‘As a Council, we are delighted to sponsor the tournament each year and provide playing pitches for games as part of our commitment to bring high level sporting events to our City and District.  We believe sport can play a key role in promoting friendship, team skills and social cohesion. Good luck to all the teams as they finalise their preparations for what will be an unforgettable week of football in July.’ 

    Chief Executive Officer of Derry Credit Union, Joan Gallagher also expressed delight in being invited to sponsor the mini soccer events during the Foyle Cup week and spoke of the excitement the whole city, – kids, parents, grandparents, aunts, uncles, experience during the week of the tournament. A fantastic week for the city and district and we are so proud to be supporting this wonderful, exciting, colourful event.  

    Cyril Moorhead, Good Relations Officer at Choice Housing, praised the organisers, not just on the success of the event in terms of numbers registered but more  importantly, the tremendous work that has been done on a cross-community basis, actively promoting good relations and friendliness and welcome afforded to all visitors which is synonymous with the city and district. 

      

    ‘It is most pleasing to see how the Foyle Cup has grown into such a large international event and how much support the event has from local communities, schools, colleges, Ulster University and Northwest Regional College. 

      

    ‘The impact of the Foyle Cup is significant, from its contribution to the local economy to the impact it has on young people’s lives, their communities and the positive community relations that it builds. As a housing association, Choice is committed not only to building quality affordable homes but contributing positively to the communities that we operate in, this partnership is a prime example of this. 

      

    ‘I wish the organisers continued success this year and, in the years, ahead.’ 

      

    Special Guest of Honour, Rory Holden, a player who participated in the Foyle Cup for many years with his local team, Top of the Hill Celtic, said he was ever thankful to the organisers and his own junior club, for without the effort of so many, it is doubtful if he would be having the enriching experience of  playing with his own professional club, All Saints from Wales, having played in Champions’ League and Europa league competitions this year. 

    ‘This event continues to thrive, grow and delivers for all our youth – boys, girls and those with sports disabilities. It is a real pleasure to be here to celebrate the success of this superb tournament.’ 

    Philip Devlin, Foyle Cup committee member, in taking charge of the live draw, advised all that details of the draw were available on the tournament website www.foylecup.com and he expected that fixtures for the full week would be on site within 36 hours of launch.  He also thanked all teams for their support and co-operation and wished them well in the tournament, from July 21-26. 

    Diolain Ward, of Foyle Cup committee member, concluded the launch event. 

    ‘Thank you to everyone who gave of their time to be here this evening. In particular, I would like to thank our sponsors – Derry City and Strabane District Council, Causeway Coast & Glens Borough Council, ONeills, Derry Credit Union, Choice Housing, Seagate, Inner City Trust, Brunswick Moviebowl, Ulster University and North West Regional College.  Finally, I would like to say a huge thank you to Rory Holden for spending some of his much-valued time at home, with us, this afternoon and I wish him, on behalf of the member clubs of the Derry & District Youth Football Association, even more success in his football career.’ 

    MIL OSI United Kingdom –

  • MIL-OSI United Nations: Finland helps WPF provide hot meals to children in northern Mozambique

    Source: World Food Programme

    MAPUTO – The United Nations World Food Programme (WFP) welcomes a generous contribution of EUR 500,000 from the Government of Finland to provide tens of thousands of children with daily hot meals as part of Mozambique’s ongoing National Home-Grown School Feeding Programme (PRONAE).

    The initiative, which will be immediately rolled out, reinforces the shared commitment of the Government of Mozambique, WFP, and partners to improve education, nutrition, and food security in some of the most vulnerable areas of the country.  Finland’s contribution will enable WFP to provide daily hot meals to more than 56,000 students over the next three months in primary schools located along the Nacala Corridor in Nampula Province, northern Mozambique. 

    “School meals are more than just a plate of food; they are a vital investment in the future of Mozambican children”, said Satu Lassila, Ambassador of Finland to Mozambique. “Finland has a long-standing partnership with Mozambique, including in education. I am delighted that we can now support Mozambican children also in this way.” 

    Mozambique is currently facing one of the most severe food insecurity crises in recent years, with nearly 40 percent of children under the age of five suffering from stunted growth and a record 5 million people in need of urgent humanitarian assistance. The situation is especially dire in the northern region, where conflict and recurrent climate shocks continue to disrupt lives and livelihoods.

    “Investing in school meals is one of the smartest and most impactful ways to support the next generations in Mozambique,” said Antonella D’Aprile, WFP Country Director in Mozambique. “Thanks to Finland’s generous contribution, thousands of children will receive the nourishment they need to learn and build a better future—not only for themselves but for the country as a whole.”

    Evidence shows that school feeding programmes not only improve children’s nutrition and learning but also help reduce poverty and inequality by increasing school attendance and building human capital over time.

    As a founding member and co-chair of the Global School Meals Coalition, Finland remains a steadfast provider and supporter of school meals around the world. This latest contribution builds on Finland’s longstanding collaboration with WFP to ensure that no child learns on an empty stomach.

    #                 #                   #

    The United Nations World Food Programme is the world’s largest humanitarian organization, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

    Follow us on X, formerly Twitter, via @wfp_media and @wfp_mozambique

    Follow the Finnish Ministry for Foreign Affairs on X, formerly Twitter, via @Ulkoministerio, and the Embassy of Finland in Maputo on Facebook (@Embaixada da Finlândia Maputo – Suomen suurlähetystö Maputo) and Instagram (@finlandinmozambique).

    MIL OSI United Nations News –

  • MIL-OSI Europe: Press release – EP leaders visit Copenhagen ahead of the Danish EU Presidency

    Source: European Parliament

    European Parliament President, Roberta Metsola, and political group leaders will visit Copenhagen on Tuesday to prepare the upcoming Danish Presidency of the Council of the European Union.

    EP leaders will meet with Danish Prime Minister Mette Frederiksen. They will also have an audience with Their Majesties King Frederik X and Queen Mary of Denmark and meet with Folketinget.

    War in Ukraine, the climate crisis, and global trade tensions are putting significant strain on the EU’s capacity to act. On 1 July, Denmark assumes the Presidency of the Council of the EU, taking on a central role in shaping the direction of the Union.

    In preparation for assuming the Presidency of the Council, Copenhagen will welcome the European Parliament’s Conference of Presidents (President Roberta Metsola and political group leaders) on Tuesday 3 June. The conference will discuss priorities of the forthcoming Danish Presidency with government officials and members of the Danish parliament (Folketinget).

    “Denmark takes the EU steering wheel at a time of war on our continent, global trade tensions and economic pressure. Security, sustainability and competitiveness are the right focus. From strengthening our defence to cutting red tape for business, from energy security to digital leadership – Europe must act. I look forward to working with the Danish Presidency to deliver,” says Roberta Metsola, President of the European Parliament, ahead of the visit.

    Following their meeting, President Roberta Metsola and PM Mette Frederiksen will speak to the press at 11:25. It will be live on the EP multimedia centre and on EbS. Journalists can register their attendance via this link, where you can also find more information about the visit.

    Denmark will hold the rotating Presidency of the Council of the EU from July to December 2025, after which Cyprus will assume the presidency.

    What is the Conference of Presidents?

    The Conference of Presidents in the European Parliament is the political body responsible for organising and coordinating the Parliament’s work. The Conference is composed of the President of the European Parliament, the leaders of the political groups in the European Parliament, and a non-voting representative of the non-attached Members.

    Traditionally, the Conference of Presidents travels to the country preparing to take over the rotating Presidency of the Council of the EU, in order to engage in preparatory discussions and ensure a shared understanding of, as well as joint action on the upcoming priorities.

    MIL OSI Europe News –

  • MIL-OSI: Convening of extraordinary general meeting of Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen

    2 June 2025

    Convening of extraordinary general meeting of Nykredit Realkredit A/S

    Nykredit Realkredit A/S will hold its extraordinary general meeting on Tuesday 24 June 2025 at 15:30 at the Company’s offices at Sundkrogsgade 25, DK-2150 Nordhavn.

    -o0o-

    Agenda:

    1. Election of member of the Board of Directors.
    2. Any other business.

    The agenda of the Company’s general meeting and the complete proposals have been submitted to Nykredit A/S, which owns all the shares of the Company.

    Item 1 on the agenda proposes election of Lasse Nyby to the Board of Directors. Information about Lasse Nyby’s education, professional experience, independence and other directorships and executive positions is provided in Appendix 1.

    Admittance to the general meeting is subject to collection of an admission card at least three days prior to the general meeting.

    Copenhagen, 2 June 2025

    Nykredit Realkredit A/S
    Board of Directors

    Contact:
    Questions may be addressed to Press Relations, tel +45 31 21 06 39.

    Appendix 1 – CV of Lasse Nyby

    Lasse Nyby
    Year of birth: 1960
    Non-independent

    Professional experience  
    2000- Chief Executive Officer, Spar Nord Bank A/S
    1995 Joined the Executive Board of Spar Nord Bank A/S
    1986 – 1995 Various positions at Spar Nord Bank A/S
       
    Education  
    Financial services background  
    B. Com. (Management Accounting)  
    Executive education from Insead  
       
    Directorships and other positions (current)  
    Aktieselskabet Skelagervej 15 (Chair)  
    AP Pension Livsforsikringsaktieselskab (Deputy Chair)  
    Foreningen AP Pension f.m.b.a. (Deputy Chair)  
    Nykredit A/S (Board Member)  
    Landsdækkende Banker (Board Member)  
    Finance Denmark (Board Member)  
    FR I af 16. september 2015 A/S (Board Member)  
       
    Directorships and other positions (previous)  
    PRAS A/S (Deputy Chair)  

    Attachment

    The MIL Network –

  • MIL-OSI Europe: OSCE Enhances Ammunition Safety Skills of Kyrgyz Defence Personnel through Study Visit to Austria

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE Enhances Ammunition Safety Skills of Kyrgyz Defence Personnel through Study Visit to Austria

    Participant involved in the study on mobile lab usage. Vienna, 20 May 2025. (OSCE) Photo details

    From 19 to 23 May 2025, four technical specialists from the Ministry of Defence of the Kyrgyz Republic took part in a study visit to Austria, focused on the use of mobile laboratory equipment for the chemical analysis of ammunition propellants. The visit was organized by the OSCE Programme Office in Bishkek, in co-operation with the Ministry of Defence of the Kyrgyz Republic and with the support of the Austrian Armed Forces.
    During the visit, participants received both theoretical and hands-on training on operating Level 1 chemical laboratories equipped with QPAK (Qualitative Propellant Analysis Kit) systems, widely used by the Austrian Federal Ministry of Defence. They also visited the Division for Explosives, Materials, Petrols, Oils, and Lubricants (POL) Technology within the Defence Technology Agency of the Austrian Armed Forces Logistics School.
    The programme included guided tours of specialized laboratories in explosives, chemicals, materials testing, and POL, where participants learned about testing procedures, safety protocols, and modern analytical tools. Daily practical exercises allowed participants to apply their knowledge and improve their technical competence in chemical testing of ammunition components.
    This initiative builds on the OSCE’s earlier support to the Kyrgyz Ministry of Defence through the donation of QPAK equipment. With the newly acquired skills, Kyrgyz defence specialists are now better equipped to conduct safe and effective chemical testing of ammunition, contributing to improved stockpile management and enhanced national security.
    The study visit is part of the OSCE’s ongoing efforts to support risk reduction and promote safe and secure ammunition storage practices in line with international standards.
    **This initiative is part of an ongoing series of activities within the extra-budgetary project “Improvement of SALW and CA Life-Cycle Management Capacity of the Ministry of Defense of the Kyrgyz Republic,” supported by Austria, France, Germany, Norway, and Switzerland.

    MIL OSI Europe News –

  • MIL-OSI: Sydbank A/S share buyback programme: transactions in week 22

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 25/2025

    		 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
    1 June 2025  

    Dear Sirs

    Sydbank A/S share buyback programme: transactions in week 22
    On 26 February 2025 Sydbank A/S announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank A/S 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

    895,000

    		  

    374,860,860.00
    26 May 2025
    27 May 2025
    28 May 2025
    29 May 2025 (public holiday)
    30 May 2025 (bankholiday)    		 14,000
    12,000
    12,000
    –
    –    		 445.69
    442.08
    440.24
    –
    –    		 6,239,660.00
    5,304,960.00
    5,282,880.00
    –
    –
    Total over week 22 38,000   16,827,500.00
    Total accumulated during the
    share buyback programme

    933,000

    		  

    391,688,360.00

    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 A/S holds a total of 938,074 own shares, equal to 1.83% of the Bank’s share capital.

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

    Attachment

    The MIL Network –

  • MIL-OSI: DNO Contemplates Hybrid Bond Issue

    Source: GlobeNewswire (MIL-OSI)

    2 June 2025 – DNO ASA, the Norwegian oil and gas operator, today announced it has engaged Arctic Securities AS, DNB Carnegie (a part of DNB Bank ASA) and Pareto Securities AS as Joint Bookrunners to arrange fixed income investor meetings. Subject to inter alia market conditions and acceptable terms, a new subordinated hybrid bond issue may follow.

    –

    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 and Yemen. More information is available at www.dno.no.

    This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange notice was published by Jostein Løvås, DNO ASA Communication Manager, on the time and date set out above.

    The MIL Network –

  • MIL-OSI: Vodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Vodafone Qatar selects Nokia in major network modernization deal to drive expanded 5G coverage, reliability, and services

    • The deal entails Core modernization, expanded 5G capacity, and enhanced broadband to strengthen network reliability, service offering, and efficiency.

    2 June 2025
    Espoo, Finland – Nokia today announced a major agreement with Vodafone Qatar to lead a nationwide network modernization that will enable the operator to deliver faster, more secure, and highly adaptable 5G services to consumers and businesses across the country, while preparing the network for next-generation innovations.

    In a major expansion of the two companies’ partnership, Vodafone Qatar will leverage Nokia’s end-to-end technology to boost network capacity and reduce latency while accelerating time-to-market with new capabilities and introducing greater agility through automation and enhanced security measures.

    As demand for high-speed connectivity surges in Qatar’s rapidly growing digital economy where the ICT sector is forecast to grow at an 8.5% annual rate through 2030, the operator is committed to meet those needs. Nokia’s solutions will help transform the network with intelligent broadband access, new enterprise offerings provided through 5G slicing, and infrastructure that can easily evolve as digital applications advance.

    “Vodafone Qatar continuously embraces new opportunities to deploy emerging technologies as part of its commitment to driving digital transformation in Qatar, in line with Qatar National Vision 2030. Our work with Nokia enables us to become more agile and responsive to the evolving needs of customers and businesses. By integrating advanced fiber, mobile, and cloud capabilities, we are shaping a smarter, more secure network that can support everything from customized home Wi-Fi to the latest enterprise technologies,” said Sheikh Hamad Abdulla Jassim Al-Thani, Chief Executive Officer, Vodafone Qatar.

    “This collaboration reflects the depth of our portfolio and the strength of our partnership with Vodafone Qatar. Through more flexible scaling, reliability, and near zero-touch automation that our advanced core and broadband solutions deliver, Nokia will provide greater network agility and service offerings, and provide our partner with all the tools they need to more efficiently manage and extract greater value from their network assets,” said Raghav Sahgal, President of Cloud and Network Services, Nokia.

    Nokia’s multi-cloud core software solutions, including Packet Core, Converged Charging, and Networks Data Analytics Function, running on the latest cloud technologies will bring cloud-native grade automation, agility, and scalability to Vodafone Qatar’s multi-access core network.

    Nokia Digital Operations software will boost the operator’s journey towards fully autonomous networks with end-to-end orchestration, 5G slicing automation, and AI-driven assurance, enabling rapid delivery and highest reliability of services.

    Nokia’s integration of automation across IP and optical networks, provided by NSP, combined with a five-year managed services agreement for core operations, will help accelerate service rollouts, reduce costs, and ensure a future-ready network architecture.

    Together, these advancements will set a new standard for end-to-end digital transformation in Qatar and reaffirm Nokia’s position as a trusted technology partner for service providers worldwide.

    Multimedia, technical information and related news
    Web Page: Cloud and Network Services
    Web Page: Mobile Networks
    Web Page: Network Infrastructure

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

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

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

    About Vodafone Qatar P.Q.S.C
    Vodafone Qatar P.Q.S.C. (“Vodafone Qatar”) provides a comprehensive range of services including voice, messaging, data, fixed communications, IoT and ICT managed services in the State of Qatar, for both consumers and businesses alike. The Company commenced commercial operations in 2009 and has 2.1 million mobile customers as of 31 March 2025. Its state-of-the-art network infrastructure is expanding to cover key locations in the country with fibre connectivity and 5G, along with an extensive digital ecosystem, which will contribute to Qatar’s continued growth and prosperity. Vodafone Qatar’s vision is deeply rooted in its mission to connect today’s ideas with the technologies of tomorrow by pioneering digital innovation and becoming people’s first choice in telecom and digital services. Please visit www.vodafone.qa for more details.

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

    Vodafone Qatar Media Relations
    Email: mediarelations.qatar@vodafone.qa

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI: Colt, Honeywell and Nokia join forces to trial space-based quantum-safe cryptography

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Colt, Honeywell and Nokia join forces to trial space-based quantum-safe cryptography

    • Tech collaboration will explore ways to protect encrypted data from quantum risk using Low Earth Orbit satellites.
    • Trial to use space-based quantum key distribution to overcome terrestrial distance limitations.

    2 June 2025
    Espoo, Finland – Colt Technology Services (Colt), a global digital infrastructure company, Honeywell and Nokia today announced a collaboration to explore quantum-safe networking using satellite communications. As part of the initiative, the companies are planning to test new ways of protecting encrypted optical network traffic from risks presented when quantum computing potentially breaks through traditional encryption methods, leaving data vulnerable to cyber threats.

    Traditional encryption methods, or cryptography, rely on complex mathematical problems that are difficult for computers to solve, but quantum computers are expected to solve these problems faster, potentially breaking through traditional encryption methods and putting data at risk. One promising advancement in this field is quantum key distribution (QKD), a technology central to the quantum evolution. However, QKD currently faces a major limitation: terrestrial physical constraints restrict its range to around 100 kilometers. To achieve global coverage of QKD, the technology can overcome these limitations by moving into space. Colt, Honeywell and Nokia plan to explore quantum-safe cryptography, trialling space-based and subsea techniques which are resistant to quantum computing attacks.

    The companies will trial quantum key distribution – a method used to securely share encryption keys between two parties – using low earth orbit satellites for ultra-long distances and transatlantic reach. The three companies share a collective goal: enable customers to benefit from the huge potential of quantum computing in ways that help solve pressing challenges, while protecting them from risk. The trial is expected to be of interest to organisations responsible for vast amounts of highly sensitive data such as financial firms, healthcare and pharmaceutical organisations and government bodies.

    “Fundamental to the collaboration between Colt, Honeywell and Nokia is a shared passion and determination to push the boundaries of technology to find solutions which safeguard our customers and help them succeed. At Colt, we do everything we can to make life easier for our customers. It’s why we’re taking action now to protect our customers from future cybersecurity risks, tackling tomorrow’s threats, today,” said Buddy Bayer, chief operating officer, Colt Technology Services.

    “With over five decades of aerospace expertise, Honeywell has witnessed and adapted to the evolution of the global communications landscape. We are proud to continue as a leader in innovating future-proof solutions such as the QEYSSat and QKDSat missions for the quantum era. This collaboration represents a significant step forward in securing the future of critical data: designing solutions to enhance resilience, ensuring long-term data security for critical infrastructure and communications systems,” said Lisa Napolitano, vice president and general manager, Space, Honeywell Aerospace Technologies.

    “Nokia is helping our customers stay ahead when it comes to securing critical data through resilient defense-in-depth strategies. Quantum computing brings great promise, but it’s also a potential threat to the encryption models on which society has relied so far. This collaboration with Colt and Honeywell shows how space-based quantum-safe technologies can help protect networks, safeguarding sensitive information across every domain against future quantum threats,” said James Watt, vice president and general manager, Optical Networks at Nokia.

    Ahead of the trial, Colt, Honeywell and Nokia have drafted a white paper with more detail on the risks, threats and opportunities presented by quantum cryptography. The paper, entitled ’The Journey to Quantum-Safe Networking’ is available to download here.

    The announcement follows a pilot Colt announced in March to explore quantum-secure networking across terrestrial networks.

    Multimedia, technical information and related news
    Web Page: Quantum Explained
    Web Page: Quantum Safe Technologies

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

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

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

    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 275+ 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.

    About Honeywell
    Products and services from Honeywell Aerospace Technologies are found on virtually every commercial, defense and space aircraft, and in many terrestrial systems. The Aerospace Technologies business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components, power systems, and more. It’s hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. For more information, visit aerospace.honeywell.com or follow Honeywell Aerospace Technologies on LinkedIn.
    Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

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

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

    Colt Head of PR
    Anne Amlot
    Email: anne.amlot@colt.net

    Honeywell
    Juliet Collins-Achong        
    Phone: +44 7787 282932                        
    Email: juliet.collins-achong@honeywell.com

    Follow Nokia on social media
    LinkedIn X Instagram Facebook YouTube

    Follow Colt on social media
    LinkedIn Instagram TikTok Facebook

    The MIL Network –

  • MIL-OSI: Results of the 2025 Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    2 June 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), a global investment firm specializing in digital assets, is pleased to announce that all of the resolutions proposed at the Annual General Meeting (“AGM”) of the Company, held as of 30 May 2025, were duly passed via poll.

    The Company’s Board of Directors wished to highlight the following:

    Resolution 13 – Resolution regarding authorising the Board of Directors to decide on repurchase and transfer of own shares

    The AGM resolved that the Board of Directors shall decide on purchases of the Company’s own shares in accordance with the following terms.

    1. Share repurchases may be made on Nasdaq Stockholm or any other regulated market.
    2. The authorisation may be exercised on one or more occasions before the 2026 Annual General Meeting.
    3. The Company’s holding of shares at any given time shall not exceed 15% of the total number of shares in the Company.
    4. Repurchases of the Company’s own shares may shall be made at a price of no more than 5% above the average trading price of the shares for  the 5 business days prior to the repurchase date.
    5. Payment for the shares shall be made in cash.

    In addition, the AGM resolved to authorise the Board of Directors to decide on transfer of own shares, with or without deviation from the shareholders’ preferential rights, in accordance with the following, terms.

    1. Transfers may be made on (i) Nasdaq Stockholm or (ii) outside of Nasdaq Stockholm in connection with the acquisition of companies, operations, or assets.
    2. The authorisation may be exercised on one or more occasions before the 2026 Annual General Meeting.
    3. The maximum number of shares that may be transferred corresponds to the number of shares held by the Company at the point in time of the Board of Directors’ decision on transfer.
    4. Transfers of shares on Nasdaq Stockholm (or any other regulated market)  shall be made at a price of no more than 5% above the average trading price of the shares for the 5 business days prior to the transfer date. For transfers outside of Nasdaq Stockholm, the price shall be set so that the transfer is made at market terms, except for delivery of shares in connection with employee stock option programs.
    5. Payment for transferred shares may be made in cash, through in-kind payment, or through set-off against claims with the Company.

    The purpose of the authorisations is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the company’s capital structure and thereby create further shareholder value and take advantage of any attractive acquisition opportunities. The authorisation may also be used in order to enable delivery of shares in connection with employee stock option programs.

    The Board of Directors shall have the right to decide on other terms for repurchases and transfers of own shares in accordance with its authorisation. The Board of Directors also has the right to authorise the Chairman of the Board, the Chief Executive Officer, or the person designated by the Board to make such minor adjustments that may be necessary in connection with the execution of the Board’s decision to repurchase or transfer shares.

    Resolution 14 – Resolution regarding amendments to the Company’s Articles of Association

    The AGM resolved that Company’s Articles of Association be amended by deletion of the existing articles 3.6.2, 17.2.7 and 24.12 and the insertion of new articles 3.6.2, 17.2.7 and 24.12 as follows:
    “3.6.2   the Directors may, by unanimous consent only, during any period of two consecutive calendar years, resolve to allot and issue in one or more tranches such number of ordinary shares (including, for the avoidance of doubt, any shares issued pursuant to, in connection with or upon conversion of any subsequently issued convertible bonds) as does not in the aggregate exceed twenty five percent (25%) of the total number of ordinary shares in issue (excluding any ordinary shares held in treasury) at 9am on 1st January of such year (rounded down to the nearest whole share), without the offer, issue  or allotment of such shares or the issue or conversion of any subsequently issued convertible bonds being subject to the provisions of Article 3.2 provided always that any such allotment, issue, or conversion is effected solely in connection with bona fide transactions for business purposes only (and for the avoidance of doubt the terms of this Article 3.6.2 shall not include the issuance of shares or convertible securities as consideration or compensation  for services rendered by employees, consultants, directors, or any other individuals in a personal capacity) and provided further that any issuance or allotment to any natural person pursuant to this Article 3.6.2 shall be subject to the unanimous approval of the remuneration committee as required by and in accordance with the terms of reference for such remuneration committee and shall not in aggregate in any calendar year exceed five percent (5%) of the total number of ordinary shares in issue at the time of such offer;” 

    “17.2.7 the creation of any charge or other security over any assets or property of a Group Company to secure borrowings, or indebtedness in the nature of borrowings, of that Group Company which, when aggregated with all other such borrowings or indebtedness, would exceed £200,000,000 (OTHER THAN in the ordinary course of its Business, and, DISREGARDING any amounts borrowed from other Group Companies) provided always that, subject to applicable law, nothing in these Articles (including without limitation this provision) shall restrict or prevent or be deemed to restrict or prevent the issuance by the Company of any corporate or convertible bonds or other debt instruments on an unsecured basis.”

    “24.12  Notwithstanding anything to the contrary within these Articles, meetings of the Board shall be held at such locations and in such manner, and resolutions of Directors passed in writing shall be signed, so as to cause the Company to:
      24.12.1    be resident for taxation purposes in Jersey; and
      24.12.2    comply with the Taxation (Companies – Economic Substance) (Jersey) Law 2019.”

    36,267,305 shares and votes were registered for the AGM, representing 54.39% of the issued share capital as at 16 May 2025.

    The number of shares in issue (and total voting rights) as at close of business on 16 May 2025 was 66,678,210 ordinary shares carrying one vote each. Therefore, the total voting rights in the Company as at close of business on 16 May 2025 was 66,678,210.

    The full text of the resolutions passed at the AGM can be found in the Notice of the Annual General Meeting (included within the Annual Report) which is available on the Company’s website at https://investor.coinshares.com/c-governance/general-meetings.

    In response to a shareholder question and as previous advised during the 1Q25 earnings call, the CEO reaffirmed his commitment to the Company’s long-standing objective of enhancing shareholder value by securing a listing on a major U.S. exchange such as Nasdaq or the NYSE.

    Several potential paths to listing were outlined, including a secondary listing and reverse takeover structures. The CEO noted that the reverse takeover market in the U.S. is currently active, offering a range of options—from legacy listed entities seeking a strategic reset to clean shells, with or without available cash.

    CoinShares’ strong earnings and robust margins provide meaningful strategic flexibility. At this stage, the Company remains focused on completing its PCAOB historical audit, which is the primary gating item for any U.S. listing initiative.

    About CoinShares

    CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

    This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 08:30 BST on Monday, 2 June 2025.

    The MIL Network –

  • MIL-OSI Banking: Danmarks National­bank’s comments on the Economic Council’s discussion paper, Spring 2025

    Source: Danmarks Nationalbank

    Danmarks Nationalbank generally shares the Chairmanship’s assessment of the growth outlook, along with price and wage developments in the coming years. Despite the trade conflict, there are still prospects for significant growth in Danish exports, partly due to production abroad under Danish ownership, while increases in real wages support growth in private consumption. In its latest projection from March, Danmarks Nationalbank predicted higher growth and, contrary to the Chairmanship, that employment will continue to increase in the coming years. This reflects a subsequent increase in US tariffs and a different assessment of how the current capacity pressure in the economy will affect growth.

    Danmarks Nationalbank shares the Chairmanship’s assessment that there is currently unusually high uncertainty affecting consumers and businesses, e.g. it is difficult to plan investments and supply chains etc. However, Danmarks Nationalbank shares the Chairmanship’s assessment that the Danish economy has a solid foundation without significant imbalances to handle the uncertainty arising from the trade conflict.

    The Chairmanship notes that trade is important, especially for a small, open economy like Denmark. Increased tariffs hamper economic activity, productivity and prosperity as less trade reduces the ability to utilise comparative advantages and capitalise on economies of scale. Danmarks Nationalbank agrees with this.

    Since the bank’s last projection, a number of risks related to the trade conflict have materialised and a number of international organisations have downgraded growth in Denmark’s export markets. Based on a number of model calculations, Danmarks Nationalbank estimates that increased tariffs will weaken economic activity and, in common with the Chairmanship, assesses that there is no prospect of a massive downturn even if further risks related to the trade conflict materialise.

    The Chairmanship assesses that the Danish economy will remain in a moderate boom with a high level of employment in the coming years. Danmarks Nationalbank to a greater extent than the Chairmanship assesses that pressure on the labour market has eased and that it is currently lower than the Chairmanship’s assessment. Overall, Danmarks Nationalbank assesses that the Danish economy is currently in an approximately neutral cyclical stance. This assessment is reflected in the fact that most indicators of pressure on the labour market do not deviate significantly from the period immediately before the pandemic, when developments in consumer prices were weak and wage growth moderate. Lower pressure on the labour market compared to a few years ago is also reflected in this spring’s collective wage agreements in the private labour market, with agreed wage increases compatible with stable, low inflation, as the Chairmanship also expects.

    Based on the assessment that the Danish economy is in a moderate boom, the Chairmanship assesses that fiscal policy is too expansionary for the coming years from a narrow stabilisation perspective, which increases the risk of imbalances building up in the Danish economy. However, the Chairmanship also states that there are currently no clear cyclical imbalances in the Danish economy and that consequently, there are no imminent socio-economic risks in the planned fiscal policy. In its March projection, Danmarks Nationalbank agreed with the Chairmanship that there is considerable uncertainty about future defence spending and how much it will impact capacity pressures. A significant and rapid increase in defence spending could increase capacity pressures and challenge public finances. Danmarks Nationalbank assesses that if capacity pressure increases noteworthy, it should be offset by fiscal policy measures that reduce pressure in the economy accordingly. This assessment reflects that Denmark is currently assessed to be in a neutral cyclical position.

    Danmarks Nationalbank agrees with the Chairmanship that a uniform carbon tax on emissions basically ensures the cheapest reductions in socio-economic terms. Danmarks Nationalbank also agrees that uniform pricing of greenhouse gas emissions in agriculture across EU countries reduces total socio-economic costs, and that it is therefore ideally appropriate to work towards agriculture being covered by a common quota system at EU level.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Lavish Trips and Long-Haul Junkets: Stormont spends over £470,000 on travel outside the British Isles since the return of devolution

    Source: Traditional Unionist Voice – Northern Ireland

    Statement by TUV MLA Timothy Gaston:

    “For some weeks I have been collecting data on the spend of the different Executive departments on travel outside the British Isles since devolution returned. To say I am appalled at the scale and extravagance of ministerial and departmental spending on foreign travel is an understatement.

    “When collated, the responses reveal an astonishing total of £470,000 spent on international travel by Stormont departments in just over a year — and more than £52,000 of that squandered by Ministers themselves.

    “Luxury long-haul flights and costly hotel stays seem to be the norm for the Executive.

    “No department has flown further or spent more widely than the Department of Agriculture, Environment and Rural Affairs. In total, the department spent nearly £78,000, with trips ranging from Brussels to New Zealand, Germany to New York.

    “Three individuals, including the Minister, few to New York Climate Week at a cost of £11,134 — supposedly to discuss sustainability of all things, while burning jet fuel and public money.

    “Officials also attended climate-linked events in Sweden, Spain, and Germany — clocking up thousands more in expenses — with little to no clarity on what outcomes, if any, these junkets delivered for the Northern Ireland public.

    “The Department of Finance racked up over £32,700 in international travel — including a single trip to Brussels by 16 officials from the Departmental Solicitor’s Office, costing the public £17,066. We’re told this was a “bespoke study visit” linked to the Windsor Framework.

    “Can a 16-person legal trip to Brussels be justified? Ministers must explain why such a large group needed to attend, and what real value was achieved.

    “The Minister for Education himself spent over £8,000 on overseas travel in a single year — including trips to Washington DC and Reykjavik, Iceland. Minister Givan’s personal travel and accommodation expenses account for nearly 25% of the total expenses by the Department on foreign travel.

    Among the more concerning examples in the Department of Education are:
    •     Two officials who travelled to Paris and racked up costs of over £2,100 and
    •     A trip to Tokyo which cost £3,366, with no listed outcomes.

    “With education budgets under severe strain, with SEN services stretched to breaking point people working in education will be asking questions.

    “The biggest spenders though are of course the Executive Office. Michelle O’Neill and Emma Little Pengelly’s department has managed to spend over £126,000 on international travel.

    “When people see Ministers parading on the world stage while hospital waiting lists grow at home, it’s not hard to understand the anger. Spending more on a single trip than many people earn in a year is shameful.

    “Across the Executive, this pattern of waste repeats. Ministers and officials racking up air miles while local services go without.

    “When we ask the public to tighten their belts, the very least they should expect is that Ministers do the same.

    “Climate change conferences abroad are no substitute for sound governance at home.

    “Ministerial egos should not be subsidised by people struggling to make ends meet.

    “With many already questioning the value of Stormont, these figures will do nothing to restore public confidence.”

    Note to editors

    You can read the full set of questions and answers online here.

    MIL OSI United Kingdom –

  • MIL-OSI China: Zheng, Sabalenka book quarterfinal meeting at Roland Garros

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

    Zheng Qinwen returns a shot during the women’s singles 4th round match between Liudmila Samsonova of Russia and Zheng Qinwen of China at the French Open tennis tournament at Roland Garros, Paris, France, June 1, 2025. [Photo/Xinhua]

    Olympic gold medalist Zheng Qinwen has set up a quarterfinal clash with top seed Aryna Sabalenka at the French Open.

    Less than a year after her historic Olympic triumph on the Paris clay, the Chinese sensation recorded her best result at Roland Garros, reaching the quarterfinals with a 7-6 (5), 1-6, 6-3 victory over Russia’s Liudmila Samsonova on Sunday.

    The Australian Open finalist battled for nearly three hours to secure the win.

    The first set stayed on serve through six games before the players exchanged breaks in the next four. Tied at 5-5 in the tiebreak, Zheng held her nerve, striking a patient inside-in forehand winner and forcing Samsonova to net a shot to close out the grueling 76-minute set.

    Samsonova responded strongly in the second, breaking Zheng twice and serving out the set. Zheng struggled with the Russian’s wide angles and squandered seven break point opportunities.

    Regrouping in the final set, Zheng broke Samsonova in the sixth game when the Russian sent a backhand down the line long.

    Serving for the match at 5-3, the 22-year-old Zheng fell behind 0-30 but reeled off four straight points, sealing victory after a forehand error from Samsonova.

    “I am super happy, honestly,” Zheng said. “There are not many words that can describe my emotions, because I’ve been trying every year, and that’s the real first time for me to be in quarterfinals in Roland Garros.”

    Sabalenka continued her consistency at the majors with a 7-5, 6-3 win over American 16th seed Amanda Anisimova to reach her third straight French Open quarterfinal.

    Sabalenka won her first six meetings with Zheng, including the 2024 Australian Open final. However, Zheng earned her first victory over the Belarusian last month – on clay – in Rome.

    “It’s always tough matches against her,” Sabalenka noted. “She’s a great player. Of course, I expect a great battle, and I’m super excited to face her in the quarterfinals, and I want to get my revenge. I want to get this win after Rome, so I’m happy to face her in the quarters.”

    Four-time winner Iga Swiatek had to dig deep to extend her 24-match winning streak in Paris, overcoming No. 12 seed Elena Rybakina 1-6, 6-3, 7-5.

    “It means a lot,” said the fifth-seeded Pole. “I think I needed that kind of win to feel these feelings that I’m able to win under pressure, and even if it’s not going the right way, you know, still turn the match around to win it.”

    Swiatek will next face Ukraine’s Elina Svitolina, who outplayed Italian fourth seed Jasmine Paolini 4-6, 7-6 (6), 6-1.

    On the men’s side, reigning champion Carlos Alcaraz clinched a hard-fought 7-6 (8), 6-3, 4-6, 6-4 victory over American Ben Shelton after three hours and 19 minutes on Court Philippe Chatrier to reach his fourth straight quarterfinal in Paris.

    “Today I fought against myself, against the mind,” second seed Alcaraz said. “I just tried to calm myself. In some moments I was mad, I was angry with myself. Talking not really good things, but I am really happy to not let those thoughts play against me. I tried to calm myself down, and I tried to keep going. That is what I tried.”

    The Spaniard will next face Tommy Paul, after the 12th seed defeated Australia’s Alexei Popyrin 6-3, 6-3, 6-3.

    Italy’s Lorenzo Musetti brushed aside Holger Rune of Denmark 7-5, 3-6, 6-3, 6-2 to set up a last-eight meeting with American Frances Tiafoe, who overcame Daniel Altmaier of Germany 6-3, 6-4, 7-6 (4).

    MIL OSI China News –