Category: Transport

  • MIL-OSI USA: Electric, Hybrid Buses Coming to UConn as Next Generation of Clean Transit

    Source: US State of Connecticut

    For more than 100 years, Storrs students have been able hop on buses of varying kinds – from a 1920s jalopy to today’s sleekly designed “Ice Bus” – on their way to their classes, residence halls, and activities around campus.

    While UConn Storrs has grown and even the school’s name has evolved, one thing has remained the same: The buses have been powered by fossil fuels, which has been the standard technology for decades in mass transit around the world.

    But that’s about to change. As the State of Connecticut pursues more clean energy options, it is providing two new battery electric buses to the Windham Regional Transit District (WRTD), which operates UConn’s bus system, for use on the Storrs campus starting in the spring semester.

    The electric buses produce no tailpipe emissions and provide all the features that today’s students need for a comfortable and productive ride. Those amenities include three-position bicycle racks, phone charging ports, comfortable silica cushion seats, on-board electronic information displays, and other features envisioned in the Customer Experience Action Plan of the Connecticut Department of Transportation (CTDOT).

    The new buses are part of a larger initiative by CTDOT and state Department of Energy & Environmental Protection (DEEP) in partnership with transit providers to transition from diesel to zero-emissions models under an executive order that Gov. Ned Lamont issued in 2021.

    The new 32-seat electric buses fit ideally into UConn’s clean-energy transportation vision, which is part of the broader plan to attain carbon neutrality on campus by 2030. Some of the related initiatives in the works include installing a hydrogen fuel dispenser at Storrs next spring; replacing 24 aging utility fleet vehicles with hydrogen-fueled models; and adding nine hybrid buses, which are currently on order.

    Many more electric vehicle charging stations are also being added at Storrs, UConn Health, and other locations statewide. Like the hydrogen fuel station, they will be accessible for public use.

    “Transportation is a critical piece in the puzzle at UConn as we work toward carbon neutrality by 2030 and the goal of net carbon zero by 2040,” says Stan Nolan, UConn’s interim associate vice president for facilities operations, which include transportation and fleet services.

    “Transitioning our University vehicles to models that operate on more sustainable fuel sources will significantly enhance our progress, along with providing amenities like the charging stations to support and encourage others to adopt green-friendly transportation in our community,” he says.

    All told, the University’s fleet vehicles are driven a combined total of about 2,000 miles per day on and around its campuses. About three-quarters of them run on gasoline or diesel fuel, but that percentage is decreasing as vehicles reach the end of their serviceable lives and many are being replaced with clean-energy vehicles.

    President Radenka Maric, an internationally recognized expert in clean energy technology, says the impact of transitioning UConn’s fleet to green-energy sources will be an important step in the work toward carbon neutrality.

    It also establishes UConn and the State of Connecticut as a partnership model for other states to emulate and underscores ideals of UConn’s Strategic Plan, in which the wellness of people and the planet – starting right on its campuses – are among the six top focus areas.

    The two electric buses are expected to be added to the Storrs routes in the spring semester once the charging infrastructure is installed and ready for use at the WRTD bus garage.

    The electric buses can run for about 150 to 180 miles per charge in winter, and about 200 to 220 miles per charge in summer. That range is ideal for a location like the Storrs campus, where the buses are constantly circulating on a typical day and the per-charge mileage is expected to be on the higher side since they will travel on flat topography at low speeds, officials say.

    They will be around the same size as the current buses, most of which are seven or eight years old. Many of those buses will be taken off the road in coming years as they reach the end of their service life, with more clean-energy vehicles envisioned in their place.

    The two new electric buses will include UConn’s logo and other recognizable branding, along with a white noise sound for safety to ensure pedestrians can hear the bus even if they are wearing headphones, ear buds, or other clothes and gear.

    The new buses also will include the current audio warnings that are broadcast to indicate to people nearby whenever a bus is turning.

    The two new electric buses being deployed at Storrs are part of the State of Connecticut’s initiative to electrify at least 30% of the medium and heavy-duty transit fleet statewide by 2030, and 100% by 2035.

    Of the 50 new buses being delivered this year, 34 have been deployed across the various CTtransit divisions in addition to 11 already operating in the Hamden and Stamford areas from the 2022 Electric Bus Pilot program.

    “Transitioning our fleet from older diesel models to newer zero-emission buses reduces greenhouse gas emissions and harmful air pollution,” says Benjamin Limmer, CTDOT’s Bureau Chief of Public Transportation. “These state-of-the-art buses are quieter, provide a smoother ride, and offer additional amenities that today’s riders deserve. We’re excited to see them running on the Storrs campus this spring.”

    Though UConn is moving into a new generation of clean energy mass transit, bus service at Storrs dates back to the days when it was still the Connecticut Agricultural College.

    A news story from a 1921 version of the Connecticut Campus student paper includes a colorful description of transportation options in previous years, including a 25-passenger Kissel car that often lost its front wheel on Route 195’s Spring Hill and a faster but short-lived Studebaker.

    One of the most famous – or infamous, some would say – was an old Pierce-Arrow they jokingly called the “Black Maria,” a common nickname for police vehicles.

    “Students will remember a good many times when they gave vent to their feelings because of Maria’s mulish behavior,” the newspaper wrote in an April 1921 profile of the driver, who transported students three times daily between Willimantic and the campus.

    The idea of a 32-seat passenger bus would have been inconceivable to students then.

    In fact, electricity had only arrived on campus starting in 1906 – and only in the chapel, library, and dining hall, not the dorms. Now, almost 120 years later, the two new electric buses and nine new hybrid buses represent the next generation of transportation at UConn.

    “UConn has always worked to ensure that its campuses are provided with the most modern, user-friendly, and socially responsible transportation options available. The addition of the new electric buses fits perfectly into that mission,” says Andy Kelly, UConn’s associate director of logistics in its facilities operations division.

    MIL OSI USA News

  • MIL-OSI: Form 8.3 – [KEYWORDS STUDIOS PLC – 22 10 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    KEYWORDS STUDIOS PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    22 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,339,669 1.5930    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,339,669 1.5930    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    1p ORDINARY SALE 1,500 2446.04p
    1p ORDINARY PURCHASE 700 2447.958p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 23 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 22 10 2024] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    22 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,077,533 1.2721    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,077,533 1.2721    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY PURCHASE 85 93.155p
    0.375p ORDINARY PURCHASE 19,000 93.7068p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 23 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network

  • MIL-OSI: Southern Michigan Bancorp, Inc. Announces Third Quarter 2024 Earnings

    Source: GlobeNewswire (MIL-OSI)

    COLDWATER, Mich., Oct. 23, 2024 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced third quarter net income of $2,586,000, or $0.57 per share, compared to net income of $2,767,000, or $0.61 per share, for the third quarter of 2023. For the first nine months of 2024, Southern earned $7,751,000 or $1.70 per share, compared with $8,468,000 or $1.86 per share, for the same nine-month period one year ago.  

    John R. Waldron, President and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “For the first time, our bank has surpassed $1.5 billion in total assets, a significant milestone that reflects our ongoing growth and expansion across all markets. While our earnings continue to be impacted by the current interest rate environment, we remain encouraged by the strength of our core deposits and our ability to maintain asset quality. Our focus on disciplined growth strategies has positioned us well, even amid challenges. As we navigate the shifting economic landscape, we are confident in our capacity to sustain momentum and further strengthen our balance sheet.”

    As of September 30, 2024, total loans and deposits grew during the first nine months totaling $1.084 billion and $1.266 billion, respectively.

    The allowance for credit losses totaled $12,363,000, or 1.14% of loans on September 30, 2024. Net loan charge-offs totaled $20,000 for the first nine months of 2024, compared to net charge-offs of 7,000 for the first nine months of 2023. Non-performing loans as a percentage of total loans were 0.08% on September 30, 2024 compared to 0.09% on December 31, 2023.

    The annualized return on average assets for the nine-month periods ended September 30, 2024 and September 30, 2023 was 0.70% and 0.84% respectively. The annualized return on average equity was 10.18% for the first nine months of 2024 compared to 12.42% for the first nine months of 2023. The tax equivalent net interest margin for the nine-month periods ending September 30, 2024 and 2023 was 2.94% and 3.18%, respectively.

    Southern Michigan Bancorp, Inc. is a bank holding company and the parent company of Southern Michigan Bank & Trust. It operates 18 offices within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo and St. Joseph Counties providing a broad range of consumer, business and wealth management services throughout the region.

    This press release contains forward-looking statements that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the financial services industry, the economy, and Southern Michigan Bancorp, Inc. Forward-looking statements are identifiable by words or phrases such as “expected,” “begin,” and other similar words or expressions. All statements with reference to a future time period are forward-looking. Management’s determination of the provision and allowance for credit losses and other accounting estimates, such as the carrying value of goodwill, other real estate owned, mortgage servicing rights and the fair value of investment securities, involves judgments that are inherently forward-looking. The future effect of changes in the financial and credit markets and the national and regional economy on the banking industry, generally, and Southern Michigan Bancorp, Inc., specifically, are also inherently uncertain. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions (“risk factors”) that are difficult to predict with regard to timing, extend, likelihood and degree of occurrence. Therefore, actual results and outcomes may materially differ from what may be expressed in or implied by such forward-looking statements. Southern Michigan Bancorp, Inc. does not undertake to update forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.

     
    SOUTHERN MICHIGAN BANCORP, INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
    (In thousands, except share data)              
      September 30,
    2024
      December 31,
    2023
     
    ASSETS            
    Cash and cash equivalents $ 121,022   $ 71,620  
    Federal funds sold   264     1,468  
    Securities available for sale, at fair value   160,771     169,740  
    Securities held-to-maturity, at amortized cost   60,129     61,600  
    Loans held-for-sale   871     169  
    Loans, net of allowance for credit losses of $12,363 – 2024, $11,697 – 2023   1,071,234     1,024,720  
    Premises and equipment, net   23,406     23,114  
    Net cash surrender value of life insurance   22,970     22,472  
    Goodwill   13,422     13,422  
    Other intangible assets, net   120     147  
    Other assets   36,314     26,323  
    TOTAL ASSETS $ 1,510,523   $ 1,414,795  
                 
    LIABILITIES            
    Deposits:            
    Non-interest bearing $ 219,072   $ 226,178  
    Interest bearing   1,047,024     931,793  
    Total deposits   1,266,096     1,157,971  
                 
    Securities sold under agreements to repurchase and overnight borrowings   1,688     1,738  
    Accrued expenses and other liabilities   17,996     15,703  
    Other borrowings   82,900     106,900  
    Subordinated debentures   34,705     34,653  
    Total liabilities   1,403,385     1,316,965  
                 
    SHAREHOLDERS’ EQUITY            
    Preferred stock, 100,000 shares authorized; none issued or outstanding        
    Common stock, $2.50 par value:            
    Authorized – 10,000,000 shares            
    Issued and outstanding – 4,563,995 shares in 2024,
    4,533,637 shares in 2023
      11,406     11,330  
    Additional paid-in capital   13,225     13,126  
    Retained earnings   95,498     89,808  
    Accumulated other comprehensive loss   (12,991 )   (16,434 )
    Total shareholders’ equity   107,138     97,830  
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,510,523   $ 1,414,795  
                 
     
    Southern Michigan Bancorp, Inc.
    condensed consolidated statements of income (unaudited)
    (In thousands, except per share data)
      Three Months Ended
    September 30,
      Nine Months Ended
    September 30,
     
      2024   2023   2024   2023  
    Interest income:                        
    Loans, including fees $ 16,444   $ 14,563   $ 47,748   $ 39,579  
    Federal funds sold and balances with banks   1,313     786     3,630     2,360  
    Securities:                        
    Taxable   1,465     1,567     4,512     4,655  
    Tax-exempt   309     315     904     961  
    Total interest income   19,531     17,231     56,794     47,555  
                             
    Interest expense:                        
    Deposits   7,567     5,777     21,655     14,516  
    Other   1,571     1,519     4,701     3,389  
    Total interest expense   9,138     7,296     26,356     17,905  
    Net interest income   10,393     9,935     30,438     29,650  
    Provision for credit losses   425     25     661     950  
    Net interest income after provision for credit losses   9,968     9,910     29,777     28,700  
                             
    Non-interest income:                        
    Service charges on deposit accounts   439     422     1,270     1,248  
    Trust fees   741     629     2,041     1,787  
    Net gains on loan sales   181     71     419     186  
    Earnings on life insurance assets   169     157     498     456  
    ATM and debit card fee income   465     452     1,356     1,339  
    Other   177     197     608     644  
    Total non-interest income   2,172     1,928     6,192     5,660  
                             
    Non-interest expense:                        
    Salaries and employee benefits   5,528     5,356     16,154     14,751  
    Occupancy, net   519     429     1,515     1,397  
    Equipment   400     404     1,233     1,063  
    Professional and outside services   530     443     1,575     1,473  
    Software maintenance   626     568     1,817     1,639  
    ATM expenses   229     195     629     602  
    Printing, postage, and supplies   124     97     413     318  
    Telecommunication expenses   75     88     240     268  
    Other   972     869     2,958     2,525  
    Total non-interest expense   9,003     8,449     26,534     24,036  
    INCOME BEFORE INCOME TAXES   3,137     3,389     9,435     10,324  
    Federal income tax provision   551     622     1,684     1,856  
    NET INCOME $ 2,586   $ 2,767   $ 7,751   $ 8,468  
                             
    Basic Earnings Per Common Share $ 0.57   $ 0.61   $ 1.70   $ 1.86  
    Diluted Earnings Per Common Share   0.57     0.61     1.70     1.86  
    Dividends Declared Per Common Share   0.15     0.14     0.45     0.42  
                             

    The MIL Network

  • MIL-OSI United Kingdom: Traders see almost £10,000 worth of fake Paddington Bear goods seized ahead of half-term film release | Westminster City Council

    Source: City of Westminster

    Almost £10,000 worth of counterfeit Paddington Bear merchandise was seized by Westminster City Council’s Trading Standards during raids along Oxford Street.

    Just days away from the release of the latest film in the Paddington series, officers targeted nine shops along Oxford Street and Central London seizing £9,500 worth of unofficial merchandise. Some of the items seized included t-shirts, tote bags, fridge magnets and even shot glasses – all emblazoned with the image of Westminster’s famous furry character.

    Supporting the council’s officers were representatives from Surelock, acting on behalf of Paddington & Co. They helped to identify products that displayed trademarks and copyrighted material without the permission of the owner. This represented criminal breaches of the Trade Marks Act 1994 and Copyright, Designs and Patents Act 1988.

    When it comes to protecting Westminster’s consumers the council provides more than the bear necessities. This latest sting is part of a wider operation by the council targeting unscrupulous businesses on Europe’s premier shopping destination that continue to sell counterfeit goods or American candy or snacks containing banned ingredients.

    Ron Harrison, Managing Director of Surelock said: 

    We are extremely grateful to the team, carrying out enforcement action at so many premises in one day, it was unprecedented, everyone worked very hard.”

    Leader of Westminster City Council, Cllr Adam Hug said:

    Trying to con shoppers in Westminster with fake Paddington goods is bear-faced cheek we won’t stand for.

    “Our job is to ensure shoppers get what they pay for. Big retail names are making a welcome return to Oxford Street and rogue traders have been a blemish on the area for too long.

    “People trying to fleece Paddington fans have felt the long-arm of the paw, and so will anyone who tries to rip off customers in Westminster.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Play your part in a greener, more resilient Plymouth

    Source: City of Plymouth

    From Monday 4 to Friday 8 November, in celebration of Green Careers Week, the Skills team at Plymouth City Council are inviting local people to take part in activities that will inspire them to get involved in developing the city’s green economy.

    Students, career changers, job seekers, or anyone simply interested in the transition to a more sustainable and green economy can sign up to attend free sessions that aim to inspire local people to contribute to a sustainable future, while also exploring the range of green careers available in Plymouth.

    Councillor Tom Briars-Delve, Cabinet Member for Environment and Climate Change, said: “Whether you’re interested in renewable energy, conservation, or sustainable construction, taking part in these Green Careers Week activities can help you to find out how your skills can play a part in a greener, more resilient Plymouth.

    “There’s a fantastic line-up of activities with organisations including MVV Plymouth, Fugro, Marine Biological Association, Plymouth Sound National Marine Park, Poole Farm, Secure Forests, the University of Plymouth, Plymouth City Bus and Southwest Highways, and it’s a great chance for people to find out more about the career opportunities that are out there.

    “Join us to discover how various sectors in our city are contributing to a sustainable future and explore the range of green careers available!”

    Click here to view the programme and for details on Green Careers Week with Skills Launchpad Plymouth.

    If you are interested in participating in Green Careers Week, please click here to sign up. You can also email skillslaunchpad@plymouth.gov.uk  

    ​​​

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Esplanade resurfacing during October half term23 October 2024 The Government of Jersey will be carrying out essential highway maintenance on the eastbound carriageway of the Esplanade from 26 October to 3 November 2024. The Esplanade and Victoria Avenue will remain… Read more

    Source: Channel Islands – Jersey

    23 October 2024

    The Government of Jersey will be carrying out essential highway maintenance on the eastbound carriageway of the Esplanade from 26 October to 3 November 2024.

    The Esplanade and Victoria Avenue will remain open in both directions during the work, with a contraflow to ensure there are two lanes for each direction. 

    Signed diversions will also be in place, which will be especially important if you have an appointment at the General Hospital. Drivers approaching from the east will need to use Castle Street to get to Patriotic Street Car Park, while those coming from the west will need to use Cheapside/Gloucester Street to access Kensington Place/Patriotic Street. 

    We are sorry for any inconvenience caused. The work is much needed as some sections were last improved more than 20 years ago. 

    More details on diversions and working times are detailed on gov.je/roadworks​.​

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Rick Witter’s namesake gritter unveiled!

    Source: City of York

    City of York Council is introducing its new fleet of gritters ahead of the winter season, with one named as Rick Gritter (after Rick Witter, Shed Seven).

    The lead singer from the local band Shed Seven has been chosen in recognition of their achievements in the last year.

    Cllr Pete Kilbane, Deputy Leader of City of York Council, said:

    We’ve got a couple of new gritters this year, so this is a fantastic opportunity mark a hometown tribute to Rick and the band in recognition of their achievements.

    “Our gritting season officially starts in November, with some ‘dry runs’ taking place this month. So, you’ll start to see Rick Gritter on the streets of York soon!”

    Here’s how the council is helping residents, visitors and businesses during the winter months:

    Gritting

    The council has stockpiled 3,000 tonnes of road salt (as per national reserves allow), which is stored in its salt barn at Hazel Court depot.

    On average, crews spread around 6,000 tonnes of road salt per season, over 75-80 road treatments (gritter runs). The council has a full crew of staff for its gritters, for the whole season.

    Each season, crews treat eight routes across the highway, covering 226miles (365km) of York’s road network, including 13.6miles (22km) of priority footpaths and off road cycle network, and when resources allow, 36miles (58km) of cycle network.

    Salt bins in wards

    Around 180 salt bins, amounting to approximately 36tonnes of salt in total, are located across the city in prominent places such as near slopes or shopping areas. To locate salt bins, or report them empty visit the council website.

    Cycle/walking network

    Small tractors will be used to grit 11miles (18km) of York’s cycle/walking network to help keep people safer in winter conditions.

    Popular cycle routes, including Scarborough Bridge and other off road bridges too, are included.

    Off road cycle networks are often difficult to grit or salt because cycles don’t have the same weight or action as a vehicle tyre. Effective gritting works by vehicles driving over the grit with their tyres which beds the grit into the snow and ice.

    Whilst cars or heavy vehicles generally follow the same tyre path. Cycle tyres are much thinner and therefore these typical treatments are less effective.

    Snow wardens

    The council runs a snow warden scheme, which supports around 200 volunteers and is encouraging more people to join. Volunteers receive training, equipment and insurance cover. They choose where and when to keep pavements free of ice and snow and make a real difference to their neighbourhoods. Find out more online.

    For more information about gritting in York, visit the winter page on the council website, or follow Facebook, X, Instagram.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Are Londoners’ voices heard in transport planning?

    Source: Mayor of London

    Who is using London’s transport, and what is being done to make sure their needs are taken into account in planning services?

    Tomorrow, the London Assembly Transport Committee looks at demographic trends in people using different services, and examines what is being done to provide accessible and inclusive transport options for Londoners.

    The meeting will focus on the needs of women, children and young adults, and people in low-income households. The Committee has also launched a call for evidence, which is open to transport planners, campaign and advocacy groups with expertise on the needs of Londoners from a broad range of demographics.

    Members will ask what more, or alternative, accessibility and inclusion measures Transport for London (TfL) could consider to improve its services, and ask how TfL engages with different groups as it plans and designs our transport system.

    The Committee will also hear from Members of some of TfL’s advisory groups, to understand whether they are consulted with and listened to in the transport planning process, and on decisions affecting the services they use.

    Guests include:

    Panel 1: 2pm – 3.30pm

    • Dr Emily Barker, Research and Learning Officer, 4in10
    • Gideon Salutin, Senior Researcher, Social Market Foundation
    • Dr Liz Hind, Senior Local Partnerships and Training Officer, Women’s Budget Group
    • Dr Sara Reis, Deputy Director and Head of Research and Policy, Women’s Budget Group

    Panel 2: 3.45pm – 4.45pm

    • James Lee, City Bridge Foundation, TfL’s Independent Disability Advisory Group Board Member
    • Lauren Price, TfL’s Youth Panel Member
    • Callum Shakespeare, Whizz Kidz, TfL’s Inclusive Transport Forum Member

    The meeting will take place on Thursday 24 October from 2pm, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom

  • MIL-OSI Russia: Marat Khusnullin took part in the XXV International Housing Congress

    Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Previous news Next news

    Marat Khusnullin took part in the plenary session “Strategy for the Development of the Real Estate Market”, which was held within the framework of the XXV International Housing Congress

    Deputy Prime Minister Marat Khusnullin took part in the plenary session “Strategy for the Development of the Real Estate Market”, which was held as part of the XXV International Housing Congress.

    “This year we are completing the national project “Housing and Urban Environment”, and quite successfully, having exceeded all plans. If we take analytics from 1991, the rate of housing commissioning has exceeded – in terms of per capita – the Soviet Union. I consider this our common great achievement. Another achievement is that we have promoted the mortgage market. Today, the mortgage portfolio amounts to 27 trillion rubles. Mortgages today make up 10% of GDP. Considering that the share five years ago was at the level of 2-3%, such a jump in five years is a breakthrough. At present, the mortgage sector remains a serious issue, which we are dealing with in a comprehensive manner. We also have mortgage programs in new and Far Eastern regions, programs for the IT sector and rural mortgages,” said Marat Khusnullin.

    As the Deputy Prime Minister noted, the provision of citizens with housing in the amount of 29 square meters per person has also increased by now. At the same time, according to the President’s instruction, this criterion will be gradually increased to 33 square meters by 2030 and to 36–37 square meters by 2036.

    According to the Deputy Prime Minister, the formation of a new national project, “Infrastructure for Life,” is also nearing completion. According to plans, it will allow for a more comprehensive approach to all issues, linking social, transport, and engineering infrastructure, as well as housing development and job creation.

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

    MIL OSI Russia News

  • MIL-OSI New Zealand: Mindful Money – Use your KiwiSaver for climate action

    Source: Mindful Money

    On International Day of Climate Action 2024, New Zealand charity Mindful Money is calling on Kiwis to drive climate action with their investments’. Most of us want to do our bit to help avoid climate chaos. A crucial – and easy – step that Kiwis can take is to reduce the emissions that result from their KiwiSaver and other investments.

    Mindful Money is highlighting three actions that Kiwis can take to reduce the emissions financed by their investments.

    Climate action 1: Avoid funding the fossil fools

    Everyone with a KiwiSaver fund has the power to ensure their money doesn’t fuel climate change. There is over a billion dollars of KiwiSaver funds invested in hard core climate polluters that are still increasing their emissions, instead of transitioning to renewable energy.

    Mindful Money Co-CEO Barry Coates explained: “This year’s Climate Action Day comes at a time when floods, fires, lethal heat and cyclones are devastating the lives of millions of vulnerable people, and wreaking havoc on our oceans, glaciers, forests and species. Kiwis can reduce their own contribution by choosing not to invest in the companies causing the most damage.”

    The highest emissions are from the major coal, oil and gas companies that have made billions of dollars in profits while denying the problem and delaying and obstructing climate policy. A mere 57 oil, gas, coal and cement producers are directly linked to 80% of the world’s global fossil CO2 emissions since the 2015 Paris climate agreement.

    The public companies, Shell, ExxonMobil, Chevron, BP and TotalEnergies were the five largest emitters between 2016 and 2022.

    New Zealanders still invest large amounts in these fossil fools. Analysis by Mindful Money across all 376 KiwiSaver funds shows that $3.75 billion was invested in fossil fuel companies at end March 2024. More than a third of that was invested in the companies that are still expanding their production, instead of transitioning to renewable energy.

    Investors in fossil fuel expanders are also taking financial risks from future declines in demand for fossil fuels and stranded assets – the reserves and production infrastructure that will become worthless as renewable energy replaces fossil fuels.

    Barry Coates commented: “Surveys show that 71% of Kiwis want to avoid fossil fuels companies in their investment funds. But most KiwiSaver funds invest in fossil fuels, including those the companies that are still expanding their production. Everyone with a KiwiSaver or some kind of investment can play their part in cutting off investment into the worst climate polluters.”

    ACTION (estimated 15 minutes): Members of the public can go to Mindful Money’s website to find out if their KiwiSaver fund is invested in these companies. It’s quick, easy and free to check your fund, and then find a fund that is better for the climate. https://mindfulmoney.nz/kiwisaver/checker/

    Climate action 2: Don’t fall for the greenwashing

    Over half of Kiwis surveyed are concerned about greenwashing – misleading claims that companies or funds are ‘climate friendly’ or ‘green’ or ‘sustainable’. There has been growing international pressure on companies and funds that make empty promises in order to boost their profits, but little action in New Zealand.

    The EU, UK and other governments are introducing rules on green claims by companies and funds to prevent greenwashing, and regulators are taking action. The Australian Securities and Investment Commission (ASIC) has taken 47 regulatory actions against greenwashing over the past 15 months. 

    There have been three court cases including a fine of $14 million for global fund manager, Vanguard. New Zealand’s Financial Markets Authority (FMA) has repeatedly warned they will take action against misleading claims but has yet to take action. Meanwhile KiwiSaver and investment funds are still claiming green credentials while investing in the fossil fools.

    Barry Coates commented: “It is not surprising the New Zealand public is concerned about greenwashing. Most funds in New Zealand claim to use some form of Environmental, Social and Governance (ESG) management in their investment. But these ESG claims are not consistent with investment portfolios that contain companies destroying the world’s climate and facing huge financial risks.”

    “The New Zealand government is still failing to tackle greenwashing by the providers of KiwiSaver and other funds whose claims are not backed up by their actual investments. Investors need to take action themselves to ensure that their investments are not adding fuel to the climate fire.”

    Without government action in New Zealand, the responsibility for avoiding greenwash falls on individual investors. It is now easy for members of the public to get free information about the reality of where their money goes. Mindful Money’s website not only shows the fossil fuel investments for all KiwiSaver and investment funds, but identifies those that are still expanding their production.

    ACTION: Those with KiwiSaver and investment funds should call on their fund providers to provide evidence of their ESG or sustainability claims, including specifics about the companies they invest in. Information provided by the fund providers can be checked out with the investment listing on Mindful Money. http://www.mindfulmoney.nz/kiwisaver/checker/  

    Climate Action 3: Add your voice for change

    International cooperation in the form of a Fossil Fuel Treaty is needed to stop the major fossil fuel companies from blocking progress towards investment in renewable energy. International treaties have been developed to phase out other forms of harmful products, including landmines and nuclear weapons. The  Fossil Fuel Non-Proliferation Treaty is being proposed to manage a global transition to a safe and affordable energy future for all.  It has been endorsed by 14 governments (not including New Zealand) and thousands of leaders from across civil society and local government, including Wellington City Council and Kāpiti Coast District Council.

    ACTION: Members of the public are encouraged to work with organisations, networks, faiths, academic institutions and Councils to support the treaty, and to sign the treaty themselves. https://fossilfueltreaty.org/

    Barry Coates concluded: “The Treaty is important to focus government attention on the fossil fuel industry. For the third year in a row, the next climate summit in December 2024 will be held in a country producing oil and gas (Azerbaijan). Fossil fuel lobbyists will again be given privileged access. The Fossil Fuel Treaty is a way to bring the issues of fossil fuel phaseout into the climate negotiations.”

    Notes:

    International Climate Day of Action is on Thursday 24th October. It is a time for citizens around the world to consider the actions they can take to help avoid the worsening climate crisis.

    Mindful Money’s Fund Checker enables members of the public to check the investments in their KiwiSaver and investment funds. It is quick, easy and free.
    https://mindfulmoney.nz/kiwisaver/checker/

    The research report ‘In Transition or in denial’ explains the categorisation of fossil fuel companies into those transitioning to renewable energy and those still expanding their oil and gas production. 

    https://mindfulmoney.nz/learn/fossil-fuel-investment-in-transition-or-in-denial/

    The Mindful Money Fund Finder helps members of the public to find a fund that aligns with their values. https://mindfulmoney.nz/kiwisaver/finder/

    The website provides a list of funds that do not invest in fossil fuel companieshttps://mindfulmoney.nz/invest-climate-action/fossil-free-funds/

    Research on capital expenditure by the major coal, oil and gas companies is published by the international research institute, InfluenceMap. 

    This week, a greenwashing action has been launched against the world’s largest fund manager, BlackRock. 
    The complaint to the French financial regulator shows the US investment giant’s so-called “sustainable” funds have poured over a billion dollars into fossil fuel expanders, including ExxonMobil, Shell, TotalEnergies, Chevron and BP. 

    International research shows the large passive funds that are claiming to invest sustainably are still investing in the oil and gas companies that are expanding their production. 70% of the 430 ‘sustainable’ passive funds analysed by international researcher Reclaim Finance were exposed to companies expanding their fossil fuels. These included big oil and gas developers (e.g. ExxonMobil, TotalEnergies, Shell) and big coal developers (e.g. Adani, Mitsubishi, Glencore). 
    Greenwash can take different forms. Some funds claim to be green by investing in the fossil fuel companies and then influencing them towards sustainability. 
    But the latest progress report from the umbrella engagement forum, Climate Action 100+, shows continued empty promises and little action. Only one of 37 major oil and gas companies subject to engagement is making adequate progress towards net zero. Seven years after Climate Action 100+ was formed, most of the coal, oil and gas companies are still expanding their oil and gas production instead of transitioning to renewable energy. 
    The only New Zealand case on greenwashing has been a civil case. Consumer NZ, the Environmental Law Initiative (ELI) and Lawyers for Climate Action New Zealand Inc (LCANZI) are seeking declarations from the High Court that Z Energy has breached the Fair Trading Act by misleading New Zealanders with its public messaging that it is“getting out of the petrol business” and it is “well on track to achieving [its] carbon reduction targets” when in fact its emissions have been increasing. 

    MIL OSI New Zealand News

  • MIL-OSI USA: Gov. Kemp: New AIG Office Hub to Create 600 Metro Atlanta Jobs

    Source: US State of Georgia

    Atlanta, GA – Governor Brian P. Kemp today announced that American International Group, Inc. (AIG), a leading global insurance company, will establish a new innovation hub in DeKalb County. The facility will triple AIG’s current Atlanta-area office space to accommodate over 1,000 employees, including the creation of more than 600 new roles over the next five years.

    “Again and again, job creators are choosing the No. 1 state for business not just for first-time investment, but for expansion as well,” said Governor Brian Kemp. “AIG’s decision to grow their footprint here in Georgia is just the latest confirmation that we have what businesses want and are leveraging those assets to their fullest so we can bring new opportunity to all parts of the state. I want to thank our local and state partners who made this project possible, and I look forward to it’s long-lasting, positive impacts.”

    With operations and network partners in more than 190 countries and jurisdictions, AIG provides insurance solutions that help businesses and individuals protect their assets and manage risks. AIG’s new Atlanta innovation hub, set to open in 2026, will be designed as a collaborative workspace where teams representing every aspect of AIG’s business will work together to test new processes and incubate digital capabilities to build value for clients and partners.

    “For many years, AIG has been a part of Atlanta’s thriving business community, and we look forward to creating more than 600 high-quality jobs that will provide rewarding opportunities for the talented and skilled local workforce,” said Peter Zaffino, Chairman & Chief Executive Officer, AIG. “This investment is part of our commitment to continue to enhance our expertise to help our clients and partners navigate complex and emerging risks, while building additional capabilities for the future.”

    The company will hire for various roles across underwriting, claims, operations, data engineering, and AI. Interested individuals can learn more about open roles and careers with AIG at http://www.aig.com/careers. For more information about AIG’s new Atlanta hub, visit http://www.aig.com/newsroom.

    “Known for its highly regarded universities, hospitals, and healthcare industry, DeKalb County is renowned for fostering sustainable economic growth and prosperity,” said DeKalb County CEO Michael Thurmond. “Ranked as a top Fortune 100 company and recognized on Forbes’ first-ever list of America’s Best Employers for Tech Workers, we are delighted that AIG will bring additional business investment and employment opportunities to our county.”

    “The quality of a company like AIG and the caliber of the employees that will call it home is a perfect fit for Brookhaven’s Perimeter Summit,” said Brookhaven Mayor John Park. “Job creation is extremely important in any economy, and we appreciate the leadership and collaboration of GDEcD and Decide DeKalb to bring AIG to Brookhaven.”

    “AIG’s expansion is a testament to what we’ve been saying for years: this region was built for business,” said Katie Kirkpatrick, president and CEO of the Metro Atlanta Chamber. “The new Brookhaven location strengthens AIG’s presence in metro Atlanta and creates new jobs for Georgians as the company builds on its continued success.”

    Assistant Director of Statewide Projects John Soper represented the Georgia Department of Economic Development (GDEcD) Global Commerce team on this project in partnership with Decide DeKalb, Georgia Power, the Metro Atlanta Chamber, and the University System of Georgia.

    “For years, we lost some of our best and brightest talent to out-of-state opportunities. That’s no longer the case,” said GDEcD Commissioner Pat Wilson. “AIG’s office hub is a great example of the type of investment that will keep our well-educated, diverse talent engaged here at home after graduation.”

    About American International Group, Inc. (AIG)

    American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit http://www.aig.com

    MIL OSI USA News

  • MIL-OSI: Jayud Global Logistics Expands U.S. Operations with Strategic Acquisitions in California and Georgia

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, Oct. 23, 2024 (GLOBE NEWSWIRE) — Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, today announced the acquisition of significant stakes in two key logistics facilities in California and a licensed customs brokerage firm in Georgia. These strategic investments are part of Jayud’s ongoing efforts to expand its operational footprint in the United States and enhance its comprehensive suite of logistics services.

    Jayud has acquired a 20% stake in a 70,000 sq.ft. warehouse located in Rialto, California, and a 49% stake in a 50,000 sq.ft. warehouse located in Chino, California. These facilities are located in major logistics hubs in California, enhancing Jayud’s capacity to manage and streamline supply chains in one of the U.S.’s busiest trade corridors.

    In addition to the warehouse investments, Jayud has secured a 10% stake in LD Global Logistics Inc., a licensed customs broker established in 2016 and certified by U.S. Customs and Border Protection. Based in Georgia, LD Global Logistics Inc. provides critical brokerage services and  operates a fleet of trucks, further supporting Jayud’s logistics operations across the southeastern United States. The inclusion of LD Global Logistics Inc. into Jayud’s portfolio expands its service capabilities and deepens its compliance and customs expertise in a key U.S. region, ensuring smoother and more efficient import and export processes for clients.

    The Company issued a total of 3,365,588 Class A ordinary shares as consideration for the three acquisitions.

    “These acquisitions are a testament to our commitment to strengthen our global logistics network and enhance service offerings to our clients, particularly in the U.S. market,” said Xiaogang Geng, Chairman of the Board and CEO of Jayud. “By integrating these assets into our portfolio, we are better positioned to offer end-to-end logistics solutions and meet the growing demand for efficient, reliable supply chain management in North America.”

    About Jayud Global Logistics Limited

    Jayud Global Logistics Limited is one of the leading Shenzhen-based end-to-end supply chain solution providers in China, focusing on cross-border logistics services. Headquartered in Shenzhen, the Company benefits from the unique geographical advantages of providing a high degree of support for ocean, air, and overland logistics. The Company has established a global operation nexus featuring logistic facilities throughout major transportation hubs in China and globally, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solution services, including freight forwarding, supply chain management, and other value-added services. With its strong service capabilities and research and development capabilities in proprietary IT systems, the Company provides customized and efficient logistics solutions and develops long-standing customer relationships. For more information, please visit the Company’s website: https://ir.jayud.com.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “is/are likely to”, “potential”, “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    For more information, please contact:

    Jayud Global Logistics Limited
    Investor Relations Department
    Email: ir@jayud.com 

    Investor Relations Contact:
    Matthew Abenante, IRC
    President
    Strategic Investor Relations, LLC
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network

  • MIL-OSI: Nano Labs Announces Results of Annual General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    HANGZHOU, China, Oct. 23, 2024 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading fabless integrated circuit design company and product solution provider in China, today announced the results of the Company’s Annual General Meeting (“AGM”) held at 10 A.M. on October 23, 2024, Beijing time (10 P.M., October 22, 2024, U.S. Eastern time). The proposals submitted for shareholder approval at the AGM have been approved. Specifically, the shareholders have passed the following resolutions:

    (1) to effect a share consolidation of every ten shares with a par value of US$0.0002 each in the Company’s issued and unissued share capital into one share with a par value of US$0.002 (the “Share Consolidation”), so that immediately following the Share Consolidation and the share re-designation, the authorized share capital of the Company shall be US$50,000 divided into 25,000,000 ordinary shares of par value of US$0.002 each, comprising (i) 12,141,093 Class A ordinary shares of par value of US$0.002 each, (ii) 2,858,908 Class B ordinary shares of par value of US$0.002 each, and (iii) 9,999,999 shares of a par value of US$0.002 each of such class or classes (however designated) as the board of directors of the Company may determine in accordance with the Company’s New M&A (as defined below).

    (2) to amend the Company’s memorandum and articles of association currently in effect by the adoption of a new memorandum and articles of association to reflect the Share Consolidation (after the amendment, the “New M&A”); and

    (3) to approve the appointment of MaloneBailey, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.

    The Share Consolidation will be effective from 5 P.M. on October 29, 2024, Eastern time.

    About Nano Labs Ltd

    Nano Labs Ltd is a leading fabless integrated circuit (“IC”) design company and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips, high performance computing (“HPC”) chips, distributed computing and storage solutions, smart network interface cards (“NICs”) vision computing chips and distributed rendering. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. Nano Lab’s Cuckoo series are one of the first near-memory HTC chips available in the market*. For more information, please visit the Company’s website at: ir.nano.cn.

    * According to an industry report prepared by Frost & Sullivan.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company’s plan to appeal the Staff’s determination, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

    For investor inquiries, please contact:

    Nano Labs Ltd
    ir@nano.cn

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network

  • MIL-OSI: Westport to Issue Q3 2024 Financial Results on November 12, 2024

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 23, 2024 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that the Company will release financial results for the third quarter of 2024 on Tuesday, November 12, 2024, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, November 13, 2024.

    Time: 10:00 a.m. ET (7:00 a.m. PT)
    Call Link: https://register.vevent.com/register/BI0e453d34cd1c4f7da856b4eec14f0d4c
    Webcast: https://investors.wfsinc.com

    Participants may register up to 60 minutes before the event by clicking on the call link and completing the online registration form. Upon registration, the user will receive dial-in info and a unique PIN, along with an email confirming the details.

    The webcast will be archived on Westport’s website and a replay will be available at https://investors.wfsinc.com.

    About Westport Fuel Systems
    At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global transportation industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit http://www.wfsinc.com.

    Investor Inquiries:
    Investor Relations
    T: +1 604-718-2046
    E: invest@wfsinc.com

    The MIL Network

  • MIL-OSI: Clinical ink Announces the Promotion of John Pappadakis to Chief Commercial Officer and Megan Petrylak to Chief Operating Officer

    Source: GlobeNewswire (MIL-OSI)

    Winston Salem, NC, Oct. 23, 2024 (GLOBE NEWSWIRE) — Clinical ink, a global life science technology company, announces the promotion of John Pappadakis from EVP, Global Business Development to Chief Commercial Officer and Megan Petrylak from EVP, Clinical Operations to Chief Operating Officer. Jonathan Goldman MD, CEO of Clinical ink commented: “I am delighted to announce the promotion of two of our most seasoned and experienced executives.  With John Pappadakis as CCO, and Megan Petrylak as COO, Clinical ink has the ideal leadership team to drive us to the next phase of growth.  Our unwavering focus on quality and innovation make us the partner of choice for our biopharmaceutical partners and the patients they serve.”

    John Pappadakis, Chief Commercial Officer

    John Pappadakis has 34 years of experience in sales and marketing leadership roles within the pharma industry. His career includes commercial and R&D positions at Oracle and IMS Health, following positions of increasing seniority at Pfizer and Parke-Davis where he launched over 30 new molecular entities.

    As Clinical ink’s EVP, Global Business Development, John devised an innovative go-to-market strategy centered around the addition of scientific and medical expertise, and the incorporation of new FDA requirements into the Clinical ink technology platform.  His vision inspired the creation of the company’s newest integrated cardiometabolic product, GlucoseReady™ Under his leadership, the company recruited a world-class commercial team and demonstrated record levels of key BD metrics.

    As Chief Commercial Officer, John will further diversify Clinical ink’s customer base with the addition of new large, medium and small biopharmaceutical companies, whilst solidifying the company’s CRO relationships and other industry alliances.  His plans include the deepening of the therapeutic area focus on cardiometabolic, CNS, immunology and oncology, the introduction of an end-to-end decentralized/digital health platform centered around eCOA and EDCXtra™, as well as new licensing-based business models.  Moving forward, John will be announcing novel and transformative AI-driven clinical trial innovations.

    Megan Petrylak, Chief Operating Officer

    Megan Petrylak has over 14 years of clinical trial experience in senior operational leadership roles. She has particularly focused on driving successful outcomes in phase 1-3 clinical trials for a wide range of global biopharmaceutical and CRO customers. Prior to her 6 year tenure at Clinical ink, Megan served as Director of Project Delivery at Worldwide Clinical Trials. Prior to that role, she headed Bioclinica’s centers for imaging and eClinical project management.

    As EVP, Clinical Operations, Megan oversaw Clinical ink’s entire customer, site, and patient-facing operations function.  She augmented the team with deep expertise in data management and data quality, mandating a quality-first culture. This resulted in impressive increases in customer satisfaction, complemented by significant reductions in all study build and execution metrics and excellent quality outcomes.  In addition, Megan’s team successfully launched new products including GlucoseReady™ and EDCXtra™ and has developed a range of industry partnerships including TransPerfect for translations and eClinical Solutions for complex data solutions.  Her deep subject matter expertise in eCOA and data management has been recognized at numerous industry consortia and she has served as an expert speaker at meetings such as the Society of Clinical Data Management.

    In her new role as Chief Operating Officer, Megan will oversee significant growth in Clinical ink’s revenue, broadening the customer base and expanding the range of integrated solutions. Her plans include upscaling the team to support the planned growth in revenue and margin profile, aided by automation of key operational and data processes. Megan will continue to prioritize quality to drive operational excellence and ensure exceptional delivery to clients.  

    About Clinical ink

    Clinical ink is the global life science company bringing data, technology, and patient-centric research together. Our deep therapeutic-area expertise, coupled with behavioral science, eDC/Direct Data Capture, eCOA, eConsent, telehealth, and digital biomarkers advancement (including the use of Continuous Glucose Monitoring for detection of hypoglycemia), support the next generation of clinical trials and ultimately, the clinical management of patients.

    The MIL Network

  • MIL-OSI: Voters Express Growing Concerns About Deepfake Technology Ahead of 2024 Elections: Global Survey Reveals Rising Fears

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., Oct. 23, 2024 (GLOBE NEWSWIRE) — As the 2024 U.S. elections approach, a new survey by Regula, a global leader in identity verification solutions, reveals growing voter concerns about hyper-realistic fake content. Many respondents worry that deepfakes could manipulate public opinion, undermine trust in the media, and jeopardize the integrity of election results.

    Given the evolution of AI-generated content into highly sophisticated tools of deception, voters and institutions feel uncertain about the upcoming wave of fake news.

    Image: Regula’s Deepfake Trends study reveals growing fears as deepfakes threaten to distort our perception of reality

    Key highlights from the new “Deepfake Trends 2024” survey include:

    • 33% of U.S. respondents say the media is most at risk from deepfakes, fearing fake news reports and interviews that could mislead the public.
    • 28% of Americans and 34% of Germans worry that deepfakes could directly manipulate political elections, spreading fabricated content designed to influence voter behavior.
    • In Mexico, a stunning 48% of people believe their media is vulnerable to deepfake corruption, the highest among surveyed nations.
    • The threat isn’t limited to elections—35% of U.S. respondents fear that AI-generated content could disrupt courtrooms with fake evidence, a concern shared by 27% of Germans.
    • Interestingly, for Singapore, which recently passed a law banning digitally manipulated content of candidates during elections, the largest concern about deepfakes lies in Healthcare. 35% of respondents worry that deepfakes could impersonate medical professionals or spread false medical advice, potentially leading to harmful health outcomes.
    • In the United Arab Emirates, the biggest concern (34% of respondents) is the use of deepfakes to create fake social media posts, messages, or videos, which could damage personal reputations and relationships.

    “We’ve reached a tipping point where voters and institutions alike can no longer trust what they see or hear. Deepfakes are becoming so sophisticated that we must equip ourselves with the tools and skills needed to detect and combat this new wave of disinformation. It’s crucial to remember that when overwhelmed by information, we often switch to autopilot, making us more vulnerable to manipulation. That’s why building digital literacy is essential—always question what you see, double-check before sharing, and protect your personal data. Strengthen your online security and stay informed on the latest AI developments—this is how we safeguard ourselves,” says Henry Patishman, Executive VP of Identity Verification Solutions at Regula.

    Find more insights on deepfake fraud and businesses in the survey report. Read the full version on our website.

    *The research was initiated by Regula and conducted by Sapio Research in August 2024 using an online survey of 575 business decision-makers across the Financial Services (including Traditional Banking and FinTech), Crypto, Technology, Telecommunications, Aviation, Healthcare, and Law Enforcement sectors. The respondent geography included Germany, Mexico, the UAE, the US, and Singapore.

    About Regula

    Regula is a global developer of forensic devices and identity verification solutions. With our 30+ years of experience in forensic research and the largest library of document templates in the world, we create breakthrough technologies in document and biometric verification. Our hardware and software solutions allow over 1,000 organizations and 80 border control authorities globally to provide top-notch client service without compromising safety, security or speed. Regula was repeatedly named a Representative Vendor in the Gartner® Market Guide for Identity Verification.

    Learn more at http://www.regulaforensics.com.

    Contact:

    Kristina – ks@regulaforensics.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fcf6b3b-4ff4-404b-b2be-b36d7925a403

    The MIL Network

  • MIL-Evening Report: Kanak leader Christian Tein’s jailing in France overturned in new legal twist

    Asia Pacific Report

    France’s Supreme Court has overturned a judgment imprisoning pretrial in mainland France Kanak pro-independence leader Christian Tein, who is widely regarded as a political prisoner, reports Libération.

    Tein, who is head of the CCAT (Field Action Coordination Unit) in New Caledonia was in August elected president of the main pro-independence umbrella group Kanak and Socialist National Liberation Front (FLNKS).

    He has been accused by the French authorities of “masterminding” the violence that spread across New Caledonia in May.

    The deadly unrest is estimated to have caused €2.2 billion (NZ$3.6 billion) in infrastructural damage, resulting in the destruction of nearly 800 businesses and about 20,000 job losses.

    In this new legal twist, the jailing in mainland France of Tein and another activist, Steve Unë, was ruled “invalid” by the court.

    “On Tuesday, October 22, the Court of Cassation in Paris overturned the July 5 ruling of the investigating chamber of the Noumea Court of Appeal, which had confirmed his detention in mainland France,” reports NC la 1ère TV.

    “The Kanak independence activist, imprisoned in Mulhouse since June, will soon have to appear before a judge again who will decide his fate,” the report said.

    Kanak activists’ cases reviewed
    The court examined the appeal of five Kanak pro-independence activists — including Tein – who had challenged their detention in mainland France on suspicion of having played a role in the unrest in New Caledonia, reports RFI News.

    This appeal considered in particular “the decision by the judges in Nouméa to exile the defendants without any adversarial debate, and the conditions under which the transfer was carried out,” according to civil rights attorney François Roux, one of the defendants’ lawyers.

    “Many of them are fathers, cut off from their children,” the lawyer said.

    The transfer of five activists to mainland France at the end of June was organised overnight using a specially chartered plane, according to Nouméa public prosecutor Yves Dupas, who has argued that it was necessary to continue the investigations “in a calm manner”.

    Roux has denounced the “inhumane conditions” in which they were transported.

    “They were strapped to their seats and handcuffed throughout the transfer, even to go to the toilet, and they were forbidden to speak,” he said.

    Left-wing politicians in France have also slammed the conditions of detainees, who they underline were deported more than 17,000 km from their home for resisting “colonial oppression”.

    Another legal twist over arrested Kanaks . . . Christian Tein wins Supreme Court appeal. Image: APR screenshot Libération

    Total of seven accused
    A total of seven activists from the CCAT separatist coalition are accused by the French government of orchestrating deadly riots earlier this year and are currently incarcerated – the five in various prisons in France and two in New Caledonia itself.

    They are under investigation for, among other things, complicity in attempted murder, organised gang theft with a weapon, organised gang destruction of another person’s property by a means dangerous to people and participation in a criminal association with a view to planning a crime.

    Two CCAT activists who were initially imprisoned have since been placed under house arrest in mainland France.

    Tein, born in 1968, has consistently denied having incited violence, claiming to be a political prisoner.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Chinese high-tech zones collaborate to boost AI industry innovation

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

    BEIJING, Oct. 23 — Eleven major high-tech zones in China have jointly established a collaborative network to promote innovation in the country’s AI industry, China Science Daily has reported.

    A conference on the establishment of this network held early this week in Beijing revealed that the newly-founded network features 11 major high-tech zones nationwide, including Beijing’s Zhongguancun, also dubbed China’s “Silicon Valley,” and those in the cities of Shanghai, Nanjing, Suzhou, Hangzhou, Hefei, Qingdao, Wuhan, Shenzhen, Chengdu and Xi’an, according to the report published on Tuesday.

    Wu Jiaxi, deputy director of the planning department of the Ministry of Industry and Information Technology, expressed hope that the collaborative innovation network would cultivate fertile ground for AI innovation in China — via an open and inclusive approach.

    High-tech zones are the core carriers and major hubs for AI development in China, and they have become a significant force in AI innovation, said Wu.

    He also emphasized the importance of building a community for AI innovation and development through shared benefits, as well as deepening the domestic AI industry layout through an innovation-driven model.

    During the conference, network participants announced the Zhongguancun Initiative, which aims to accelerate the development of AI technologies in areas such as chips, algorithms and models.

    The Zhongguancun Initiative also seeks to establish a comprehensive innovation and entrepreneurship service system for the entire AI industry chain and to build mechanisms for the exchange of technology, industry, capital and talent.

    The initiative encourages the establishment of open AI platforms to maximize the sharing of AI development achievements and seeks the active participation of high-tech zones in the formulation of international and national standards.

    Furthermore, it emphasizes the importance of strengthening data security and privacy protection, as well as providing regular supervision and regulatory services for AI platform companies, to ensure the traceability and reliability of AI technologies.

    MIL OSI China News

  • MIL-OSI China: China to formulate action plan for manufacturing industry’s green, low-carbon development

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

    China to formulate action plan for manufacturing industry’s green, low-carbon development

    BEIJING, Oct. 23 — China’s Ministry of Industry and Information Technology (MIIT) will formulate an action plan for green and low-carbon development of the manufacturing industry, a spokesperson said Wednesday.

    The move aims to promote comprehensive green transformation in economic and social development, Tao Qing, spokesperson of the MIIT, told a press conference held by the State Council Information Office.

    The MIIT will also continue to promote research, development, innovation and industrialization of key technologies in the fields of integrated circuits, industrial software, artificial intelligence and satellite internet, and cultivate and develop emerging industries and future-oriented industries, said Tao.

    The ministry will expedite the cultivation of leading enterprises in the industrial ecosystem and improve the whole-cycle cultivation system for small and medium-sized enterprises that feature specialization, refinement, uniqueness and innovation.

    The spokesperson also highlighted establishing a national system for nurturing unicorn enterprises — and nurturing a group of quality enterprises specializing in digital economy.

    Zhao Zhiguo, the MIIT’s chief engineer, said at the same press conference that the ministry will cultivate and promote the low-altitude economy, accelerating the development of low-altitude logistics, urban and intercity air transportation, and the low-altitude cultural and tourism industries.

    MIL OSI China News

  • MIL-OSI Global: Liam Payne: the death of a favourite celebrity can be painful – but collective grief can help

    Source: The Conversation – UK – By Sam Carr, Reader in Education with Psychology and Centre for Death and Society, University of Bath

    One of my (Sam’s) earliest memories is from 1980, when John Lennon was tragically assassinated. I vividly recall my mother’s reaction upon hearing the news – she put down the phone, overwhelmed with grief.

    Her connection to Lennon, someone she’d never met, was deeply personal. This moment, even though I was only three years old, left a lasting impression and showed me how profound these attachments can be. For my mother, Lennon wasn’t just a famous figure. He represented a significant part of her life and emotions.

    If you’re a One Direction fan, you may be feeling a similar kind of grief over the tragic death of band member Liam Payne. Some fans have described Payne’s loss as akin to “losing a family member” or feeling like they’ve “lost a big part of their childhood”.

    This collective mourning illustrates how deeply ingrained celebrities can become in our lives, not just as entertainers, but as symbols of our personal experiences and memories.

    Olivia, 23, tried to describe her sense of loss to a BBC reporter:

    It was my first feeling of being in love, my first feeling of crushing on a boy, of being excited about boys. I kissed the posters every night. We all did. It felt like you were part of the best club in the world and it’s a huge part of why we bonded together.

    This form of attachment is known as a parasocial relationship, an emotional connection formed with someone who is unaware of the bond. Unlike personal relationships, where both parties contribute to the connection, parasocial relationships allow fans to project idealised traits onto celebrities, unchallenged by reality.

    In this way, celebrities often represent aspirational versions of ourselves or embody significant aspects of our identity. When they die, the emotional experience of grief is not just about the person, but about losing part of that imagined connection.


    No one’s 20s and 30s look the same. You might be saving for a mortgage or just struggling to pay rent. You could be swiping dating apps, or trying to understand childcare. No matter your current challenges, our Quarter Life series has articles to share in the group chat, or just to remind you that you’re not alone.

    Read more from Quarter Life:


    The death of a beloved celebrity shatters something that feels deeply meaningful, and can leave you grappling with an emotional void. The loss is not just of a public figure, but of a personal connection that may have shaped your identity and sense of belonging.

    This profound sense of grief is often also shared. Following Payne’s sudden death, fans have gathered worldwide, from the UK to the Philippines and Argentina, to sing and mourn at vigils for the star. A similar phenomenon was also observed in September, when Harry Potter fans raised wands at the Wizarding World of Harry Potter theme park in Orlando. They were paying tribute to Maggie Smith, who played the popular character Professor McGonagall in the Harry Potter films, following her death aged 89.

    Collective grief is a common reaction when an influential figure dies. These shared acts of mourning are not only socially significant but also have the power to foster empathy, transforming collective pain and public emotion into meaningful memories of social solidarity and communal strength.

    While fans will mourn their star regardless of age, there’s a stark contrast between the deaths of Smith and Payne. Smith’s passing is generally viewed as a “good” death, marking the end of “a true legend”, while Payne’s death at 31 is seen as “a bad, sad ending”. The way that we grieve celebrities is often connected to their age. When Black Panther star Chadwick Boseman died in 2020 aged 43, it shattered many fans’ sense of hope for the future.

    For many Payne fans, the singer was their “first love”. Falling in love with celebrities, as psychoanalysts like Aldo Carotenuto have argued, elicits a projection of idealised fantasy that becomes interwoven with our vision of the future. This temporal aspect of fandom is rooted in our sense of narrative identity, through which we view life as a continuing book. The death of a young star can powerfully disrupt this plot and leave you grappling with an unresolved chapter in your own story.

    One Direction fans often call themselves “directioners”. Losing a core member of the group has led some directioners to feel this identity is now threatened or altered. The disruption to your sense of identity following the death of a young celebrity that you grew up alongside can be profound. It signifies not only the loss of a cherished part of your past but also serves as a painful reminder of the passage of time and the fragility of life.

    This reality can force you to confront your own mortality, highlighting the finite nature of existence. In times of collective mourning, people reflect on their own lives and aspirations while cherishing the memories and legacies of those they admired.

    Moving forward without them

    Despite the deep pain of grieving, fans often engage in what grief experts call “continuing bonds” – an effort to maintain a connection with the celebrity through memories, tributes or ongoing engagement with their work.

    This bond helps to reestablish a sense of order, providing emotional continuity even in the face of loss. The bonds we form with celebrities are often more meaningful than they first appear. Sociologist Jackie Stacey has examined how memories tied to celebrities can profoundly shape and sustain a sense of meaning throughout our lives.

    From a life course perspective, early experiences with a favourite star can become deeply embedded in your identity, acting as enduring sources of comfort, inspiration and self-expression.

    Though his life has been cut short, the memories and inspiration Payne provided will continue to live on among his fans. As directioners gathered outside the Buenos Aires hotel where he passed away, they sang One Direction songs, including the poignant line: “This is not the end.”

    The authors 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. Liam Payne: the death of a favourite celebrity can be painful – but collective grief can help – https://theconversation.com/liam-payne-the-death-of-a-favourite-celebrity-can-be-painful-but-collective-grief-can-help-242039

    MIL OSI – Global Reports

  • MIL-OSI Global: How advertising jingles influence our buying choices (and why we can still sing them decades later)

    Source: The Conversation – UK – By Kelly Jakubowski, Associate Professor in Music Psychology, Durham University

    Matthew Nichols1/Shutterstock

    Even if we haven’t heard them for many years, familiar songs often stick with us for life. We can often recall every lyric to songs we learned as kids or albums we idolised as teenagers. But beyond music we’ve purposely chosen to listen to or learn, one type of music seems to stick with us without any effort: the jingle.

    Jingles have a long history in the advertising industry. The first known radio jingle in the UK – Have You Tried Wheaties? – was launched in 1926. Jingles have since become a major feature of our everyday lives.

    Recent market research found that several of the ten most recognisable jingles for UK adults dated back three or even four decades. While comparison site Go Compare topped the list, Mars’ “work, rest and play” jingle (axed in the mid-1990s) and even Shake ‘n’ Vac “put the freshness back” (1980) are still buzzing about in the heads of those polled.

    So why do these songs stick with us? And what effect does this have on what we buy?

    Jingles become memorable in different ways. Some advertisers use familiar songs, which are inherently easier to remember, in a new context. For instance, the Go Compare jingle uses the traditional song Over There and couples it with the comic visual element of an over-the-top opera singer. The “Just one Cornetto” campaign (launched in 1981) similarly takes a classical melody (O sole mio) and tweaks it to sell ice cream.

    Other jingles make use of musical elements that make them likely to become “earworms” – those tunes that get stuck in our heads whether we like them or not. In research examining a large collection of pop music, my team found that songs that were likely to become earworms had upbeat tempos, often in the range that would make a person want to dance along. Many jingles, such as “Do the Shake ‘n’ Vac” and “I feel like Chicken Tonight” fit this pattern.

    Indeed, other research has shown that when people either move or sing along to catchy songs, they are more likely to subsequently experience these songs as earworms. It has also been found that having an earworm for a song you have recently learned means you will remember that song better later on.

    Lyrics can also play an important role in the memorability of a song or product. The alliterative lyrics of “Maybe it’s Maybelline” ensure that even a consumer who has never heard of this brand will easily recall its name the next time they are in the shop.

    Links to other times in our life

    It’s not just features of the music that give jingles such a stronghold in our memories. Music tends to be closely associated with the contexts in which we’ve heard it. That is, it often becomes closely entwined with autobiographical memories from our lives.

    Hearing a jingle from our childhood can therefore bring back memories not just of hearing that song, but the living room we grew up in, and the feeling of sitting around the TV with family watching together. Jingles therefore can be a strong trigger of nostalgia.

    Research has shown that the period when we are around ten to 25 years old tends to be remembered most vividly. Music cues are also best at tapping into memories of this period, which is known as the “reminiscence bump”.

    In line with this, the same consumer research also revealed different recognition rates for jingles across age groups. For instance, for millennials, McDonalds’ “I’m lovin’ it” ranked number two in the top-recognised jingles list and “Maybe it’s Maybelline” came in at number five.

    More than 40 years on, plenty of Brits will still be able to sing along.

    Some brands also explicitly aim to merge this nostalgic element with staying on trend. Maybelline has recently reinvented its jingle, incorporating dance music elements to appeal to gen Z audiences while retaining features of the classic 1990s jingle that connects millennials to their youth.

    So does writing a memorable jingle help to sell a product? In short, yes. Research that examined choices of two products from the same category (for example, cameras) showed that products coupled with a familiar tune were more likely to be chosen than those coupled with an unfamiliar tune.

    However, liking the music also independently affected product choice. In particular, music that participants really disliked tended to put them off choosing a product even if the tune was familiar. This suggests that advertisers do need to carefully consider the musical preferences of their target market over and above simply writing catchy tunes.

    Music has a strong hold on our memories. The same features that help us to learn the alphabet through music or transport us back to the first dance at our wedding also mean we are able to effortlessly recall which cleaning product promises that washing machines live longer.

    Kelly Jakubowski consults for Maybelline (L’Oréal Groupe). She receives research funding from The Leverhulme Trust and AHRC.

    ref. How advertising jingles influence our buying choices (and why we can still sing them decades later) – https://theconversation.com/how-advertising-jingles-influence-our-buying-choices-and-why-we-can-still-sing-them-decades-later-241162

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Isle of Wight the most successful area with Warmer Homes scheme 23 October 2024 Warmer Homes

    Source: Aisle of Wight

    A government funded scheme allowing eligible Island residents to apply for free upgrades to make their homes more energy efficient has been the most successful in our region.

    Upgrades are worth up to £38,000 per household and could include insulation, air source heat pumps and solar PV panels which can be installed for free, saving households thousands of pounds in the future. The eligibility criteria includes,

    • You use electric, oil or LPG to heat your home, not mains gas
    • Your Energy Performance Certificate (EPC) rating is D, E, F, or G (Warmer Homes can help you find out if you’re not sure).
    • You have a household income of £36,000 or under, or you or you receive a means-tested benefit.

    The Isle of Wight Council was among a group of 23 local authorities to successfully bid for £41.4 million in government funding. The money comes from the Home Upgrade Grant and aims to help lower income households whose home is not very energy efficient and not heated by mains gas.

    Councillor Phil Jordan, council leader, said: “We are really pleased that eligible Isle of Wight residents have taken up the Warmer Homes scheme more than anywhere else in the southern region. This is testament to the work we have done to ensure that those who can claim this help have been targeted. We have produced a campaign to included social media and radio ads as well as working closely with our partners to promote the scheme to those eligible residents.’’

    He continues ‘’Improving energy efficiency in homes is a key issue. Energy bills are a major concern for many households so anything that can be done to reduce these costs is vital. Making homes more energy efficient at the same time helps to reduce carbon emissions across the Island.”

    Katherine Shadwell, Project Manager, AgilityEco said: “We are proud to be supporting the Isle of Wight Council with their delivery of the Warmer Homes scheme. Since 2023, the Warmer Homes scheme has supported Isle of Wight residents with a range of fully funded energy-saving home improvements to help keep their homes warm and their energy bills low. Since the Warmer Homes scheme has been introduced to the Island, we have supported over 120 homes with over £2.5 million of fully funded energy-saving measures.”

    The scheme has now been extended by a further month and the application deadline for residents is now the end of November (31/11/2024).

    More information can be found on the Isle of Wight Council website by visiting The Warmer Homes programme

    You can also call the freephone number on 0800 038 5737 or email: retrofit@warmerhomes.org.uk for further information and guidance.

    MIL OSI United Kingdom

  • MIL-OSI Russia: Representatives of the Don youth gathered at the State University of Management

    Translation. Region: Russian Federation –

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

    On October 23, the Second Forum of Don Youth “Don Land – Your Future” was held at the State University of Management. It was organized by the ROO “Fellowship of Rostovites “Donskaya Stanitsa” in Moscow with the support of the State University of Management.

    The forum was opened by the honorary chairman of the Zemlyachestvo, adviser to the mayor of Moscow, professor of the department of state and municipal management of the State University of Management Vladimir Zotov, who congratulated those gathered on the new meeting:

    “You came here and gathered together – this is a holiday. We are all united by love for our small homeland. Special thanks to the State University of Management, which is hosting us within its walls for the second time. This is one of the best management universities in Russia. This year it turned 105 years old, it has a huge potential of scientific schools, a powerful base and a convenient campus. Today we will talk about the profession and education, share experiences, tell about our first steps and give advice.”

    State Duma Deputy from Rostov Oblast Larisa Tutova addressed the audience with a welcoming speech:

    “I understand that many people who come to Moscow see a career that is not connected to their native region. But I want us to think about our homeland even when we are here and perhaps return there. The authorities of the Rostov region do a lot for young people, provide favorable conditions to start a career, it is enough to remember the unique program “Mortgage for excellent students”, which operates in our native region. We are fellow countrymen, and we must help each other, wherever we are. Strength is in unity, and wealth is in diversity.”

    Advisor to the rector’s office of the State University of Management, member of the Rostov community Sergei Chuev noted the importance of love for one’s native land.

    “The State University of Management was chosen as the venue for our forum for a reason. There are employees from the Rostov Region here, many students, it was here that the Governor of the Rostov Region Vasily Golubev studied and it was here that he met his wife. Even now I have not become a Muscovite, I position myself as a Rostovite in Moscow. The State University of Management is ready to train and find future jobs in different regions of the country, and today the employers gathered here will show that there is life after the Moscow Ring Road,” shared Sergey Vladimirovich.

    Also on stage were veterans of the community, the president of the Moscow regional branch of the International Police Association, police lieutenant general Ivan Sardak and the general director of MP Svyaz, Volgodonsk Telecom LLC in 1993-2011 Nikolai Sungurov, who shared their experience of professional activity and once again emphasized that “the small homeland is the most sacred thing.”

    The meeting program continued with a plenary session entitled “Young Specialists – the Core of Regional Development” and a job and internship fair, where Rostov enterprises such as PJSC UAC, OJSC Pipe Metallurgical Company, JSC Doraerodorstroy, JSC Russian Helicopters, and PJSC KB Center-Invest were represented.

    At the end of the meeting, the participants were presented with certificates and a group photo was taken.

    Subscribe to the TG channel “Our GUU” Date of publication: 23.10.2024

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

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Care home abuse concerning

    Source: Hong Kong Information Services

    The Social Welfare Department (SWD) today said it is highly concerned about a suspected abuse of service users by a staff member at a residential care home for persons with disabilities, and has taken follow-up action upon notification of the case. 

    The residential care home for persons with disabilities and the organisation concerned have been requested to conduct a thorough investigation and submit improvement plans to avoid similar incidents from happening again, and to protect service users’ well-being.

    In August, the care home in question submitted special incident reports to the SWD’s relevant licensing office stating that a male staff member was suspected of having abused two service users while on duty.

    The care home made a report to Police and terminated that staff member’s employment. The man was arrested by Police and legal proceedings are underway.

    The SWD took immediate follow-up action upon the notification, which involved an unannounced inspection at the care home, and a request for the operator to handle the incident seriously, as well as suitably follow up on the emotional and welfare needs of the two victims and their families.

    To express deep concern over the incident, the Labour & Welfare Bureau and the SWD met the operator’s Council of Management and managers to get a briefing on the handling of the incident.

    The SWD also issued a warning letter to the operator, requiring a detailed investigation report and the implementation of improvement measures to ensure proper care and protection for the service users.

    The measures include a manpower review, enhancement of management officers’ supervision on the care home’s operation, provision of strengthened guidance and training for frontline staff, and persistent supervision over staff members’ work ethics.

    The SWD noted that the operator has formed an independent review committee to look into its measures to protect service users.

    Additionally, the SWD hosted a sharing session on October 9 for management officers and staff of all care homes on protecting residents from being abused. It will keep providing relevant training to care home staff.

    It has also strengthened the requirement on care homes’ monitoring and review of CCTV to further safeguard the well-being of the service users.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Moscow Metro Celebrates 3 Years of Biometric Payment and Sets New Cashless Payment Record

    Source: Moscow Metro

    Moscow’s Metro system is celebrating a milestone: three years of successful biometric payment

    Maksim Liksutov, the Deputy Mayor of Moscow for Transport and Industry, highlighted the convenience of this payment method, now available at turnstiles across:

    • Metro and Moscow Central Circle (MCC)

    • Aeroexpress

    • Regular river transport

    • Several Moscow Central Diameter (MCD) stations

    Here are some impressive figures:

    • Over 1,100 turnstiles equipped with biometric payment

    • Over 160,000 daily passes made using biometrics

    • Around 375,000 users registered for the service

    In 2021, we launched biometric payment in the metro. Passengers no longer need cards, phones, or wallets to pass through turnstiles. They simply look into the camera, and the gate opens. Users have already made over 125 million passes. Nowhere else in the world is this service as convenient as in the Russian capital. In these 3 years, it has proven itself to be maximally secure and reliable, – said Liksutov.

    Moscow Metro also sets a new record:

    Moscow’s Metro system has reached a new milestone: a record-breaking 91.2% of passengers are now using cashless payment methods. This is the highest rate since the launch of these services and this is a clear sign of a shift towards a more convenient and efficient transportation experience for our citizens. By implementing digital solutions, we’ve made user-friendly, fast, and environmentally friendly payment tools readily available, – added Maksim Liksutov.

    The most popular cashless payment methods include:

    • Biometric payment

    • Virtual Troika card

    • Fast Payment System (FPS)

    • Bank cards and payment stickers

    Moscow is becoming a global leader in the number of payment methods available for public transportation. Following the directives of Moscow Mayor Sergey Sobyanin, we will continue to develop modern, domestic services within our city’s transportation system, – concluded Liksutov.

    This achievement highlights Moscow’s commitment to modernizing its infrastructure and embracing innovative technologies to improve the lives of its citizens.

    MIL OSI Russia News

  • MIL-OSI: Trio Petroleum Corp. Announces Appointment of James Blake to its Board of Directors, Strengthening Financial and Strategic Expertise

    Source: GlobeNewswire (MIL-OSI)

    Bakersfield, CA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Trio Petroleum Corp. (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, is pleased to announce the appointment of James Blake to its Board of Directors. James brings with him 30 years of experience in the financial industry and holds a Bachelor of Commerce degree from the University of Alberta. He is also a Chartered Financial Analyst (CFA), with a distinguished career, having recently retired from a major Canadian bank where he managed over $750 million in assets as a portfolio manager. His expertise in financial markets, investment strategies, and risk management will be an invaluable asset to Trio Petroleum.

    In addition to his extensive financial experience, James has been deeply involved in the startup ecosystem, both as an investor and in raising capital for early-stage companies across various sectors. His capacity to identify high-potential ventures, coupled with his financial acumen, equips him with a diverse perspective that will benefit Trio as the company looks to strengthen its position in the energy market.

    “James Blake’s wealth of knowledge in financial management and his entrepreneurial insights align perfectly with Trio’s strategic goals for growth and innovation,” said Robin Ross, Chairman of the Board and CEO of Trio Petroleum Corp. “His leadership and experience will be instrumental in supporting our drive for sustainable growth, operational efficiency, and long-term shareholder value. We are excited to welcome James to our board.”

    With his forward-thinking approach and a strong track record in both traditional finance and the startup space, James Blake’s appointment strengthens Trio Petroleum’s commitment to corporate governance, strategic direction, and the creation of sustainable value for its investors.

    About Trio Petroleum Corp.

    Trio Petroleum Corp. is an oil and gas exploration and development company headquartered in Bakersfield, California, with operations in Monterey County, California, and Uintah County, Utah. In Monterey County, Trio owns an 85.75% working interest in 9,245 acres at the Presidents and Humpback oilfields in the South Salinas Project, and a 21.92% working interest in 800 acres in the McCool Ranch Field. In Uintah County, Trio owns a 2.25% working interest in 960 acres and options to acquire up to a 20% working interest in the 960 acres, in an adjacent 1,920 acres, and in the greater 30,000 acres of the Asphalt Ridge Project.

    Cautionary Statement Regarding Forward-Looking Statements

    All statements in this press release of Trio Petroleum Corp. (“Trio”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, when used in the preceding discussion, the words “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this press release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the Trio’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of Trio’s Annual Report on Form 10-K and Amendment No. 1 thereto, both filed with the Securities and Exchange Commission (SEC). Copies are of such documents are available on the SEC’s website, http://www.sec.gov. Trio undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

    Investor Relations Contact:
    Redwood Empire Financial Communications
    Michael Bayes
    (404) 809 4172
    michael@redwoodefc.com

    The MIL Network

  • MIL-OSI: Global Manufacturer and Distributor Chooses Bridgeline’s AI-Powered HawkSearch

    Source: GlobeNewswire (MIL-OSI)

    WOBURN, Mass., Oct. 23, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of AI-driven marketing technology, announced a leading manufacturer and distributor of life safety gear, equipment, and training for first responders and law enforcement selected HawkSearch to improve their on-site search and merchandising powered by Salesforce Commerce Cloud.

    The distributor will use HawkSearch to enhance website performance by delivering a more tailored search experience. They were particularly drawn to features like advanced merchandising for promoting or boosting specific products, burying out-of-stock items, and adjusting ranking and sort order. The scope also includes incorporating Instant Engage for surfacing trending items, categories, and content as soon as the user clicks on the search box.

    HawkSearch will also power product category landing pages for consistency between browsing and searching, along with natural language search capabilities. These enhancements will help deliver a more engaging customer experience, aligning with marketing goals and improving traffic, conversion rates, and order values.

    Ari Kahn, CEO of Bridgeline, said, “We’re excited to support this global leader in optimizing their search experience. HawkSearch will enhance their digital performance and help achieve key business outcomes.”

    About Bridgeline Digital

    Bridgeline helps companies grow online revenue by increasing traffic, conversion rates, and average order value. To learn more, please visit http://www.bridgeline.com.

    Contact:
    Danielle Colvin
    SVP of Marketing
    Bridgeline Digital
    press@bridgeline.com

    The MIL Network

  • MIL-OSI: One Stop Systems to Report Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, announced today that the Company will release its third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. A webcast and conference call will be held that same day at 10:00 a.m. ET to review the Company’s results.

    Conference Call and Webcast

    Domestic: 1-800-717-1738
    International: 1-646-307-1865
    Conference ID: 13748 (required for entry)
    Webcast:  https://viavid.webcasts.com/starthere.jsp?ei=1692609&tp_key=bc360380ca

    Conference Call Replay

    Domestic: 1-844-512-2921
    International: 1-412-317-6671
    Passcode: 1113748

    A replay of the call will be available after 1:00 p.m. ET on November 6, 2024, through November 20, 2024.

    About One Stop Systems
    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require-and OSS delivers-the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to http://www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    The MIL Network

  • MIL-OSI Economics: RN-Yuganskneftegaz Releases Over 9 Million Fry of Valuable Fish Species into Yugra’s Rivers

    Source: Rosneft

    Headline: RN-Yuganskneftegaz Releases Over 9 Million Fry of Valuable Fish Species into Yugra’s Rivers

    RN-Yuganskneftegaz, Rosneft’s largest oil production asset, continues to implement a large-scale programme to preserve biodiversity and restore aquatic bioresources. The enterprise released into the water bodies of the Khanty-Mansiysk Autonomous Okrug of  Yugra more than 9 million fry of valuable species of commercial fish, including more than 700 thousand fry of the red-listed Siberian sturgeon and sterlet.

    Conserving biodiversity and ecosystems in the regions of operation is one of the priorities of “Rosneft-2030” strategy. The release of young fish of valuable species is carried out annually.

    On the order of oil workers, the young fish are raised by special fish breeding organisations, which create the best environmental conditions for the fry: temperature regime, nutrition and water quality to ensure maximum survival of the young fish after release.

    The release of young fish was supervised by a commission, which includes representatives of the Ugra Nature Supervision Agency, the Nizhneobsk Territorial Department of the Federal Agency for Fishing and Conservation of Aquatic Bioresources, the Russian Federal Research Institute Of Fisheries and Oceanography, and the Environmental Protection Department of RN-Yuganskneftegaz.

    Release of young fish is an important step in the conservation and restoration of aquatic bioresources. It allows increasing the number of valuable fish species in the rivers of the Ob-Irtysh basin and ensuring sustainable population growth in the future.

    Reference:

    RN-Yuganskneftegaz is a key production asset of Rosneft Oil Company. The enterprise is conducting geological exploration and field development at 40 licence areas with a total area exceeding 21,000 km2 in the Khanty-Mansi Autonomous District—Yugra. The accumulated output of RN-Yuganskneftegaz has exceeded 2.7 billion tonnes of oil since the start of commercial operation.

    The company has been participating in the artificial reproduction of aquatic bioresources since 2019 and has released more than 288 million fry of valuable fish species into the water bodies of Ugra.

    Rosneft
    Information Division
    August 29, 2020

    Keywords: Environmental news 2024

    MIL OSI Economics