economy, business and finance

Vield Launches Lending-as-a-Service to Deliver Bitcoin-Backed Credit Infrastructure

SYDNEY, Nov. 10, 2026 /PRNewswire/ -- To address the growing need for secure digital asset liquidity, Vield, an Australian digital asset lender, today announced the launch of its Lending-as-a-Service (LaaS) platform. This professional solution empowers financial institutions, fintechs, and digital asset platforms to offer Bitcoin-backed lending without building the underlying credit, compliance, and technology stack. Bitcoin-backed lending...

Cisco Unveils Frontier AI Red Teaming and Agent Observability to Secure the Agentic Enterprise

MELBOURNE, Australia, Nov. 10, 2026 /PRNewswire/ -- CISCO LIVE APJC -- Cisco (NASDAQ: CSCO) today announced it is adding Claude Mythos to AI Defense for red teaming AI applications and agents, empowering defenders to stress-test AI systems with frontier adversary reasoning. Coupled with new Splunk Agent Observability and Cisco IQ advancements, Cisco is preparing enterprises for a new era of trust that requires securing, observing, and...

Soprano to Support Organisations Navigating Microsoft Entra MFA Changes

SYDNEY, Nov. 10, 2026 /PRNewswire/ -- Australian automated communications technology company, Soprano Design, will support Microsoft Entra customers who need to continue using SMS and Voice multi-factor authentication (MFA) as Microsoft retires SMS and Voice authentication delivery in Microsoft Entra ID beginning 1 February 2027. Microsoft is making the change as it moves towards passkeys as the default authentication experience. Organisations...

Senior Auto: Delivering Reliable Autonomous Heavy-Duty Transport Services Worldwide

SHANGHAI, Nov. 10, 2026 /PRNewswire/ -- Senior Auto signed a strategic cooperation framework agreement with the Eastern Partnership Business Council and Taiji Zond LLC to advance autonomous driving and physical AI applications in Mongolia, focusing on coal transportation, heavy-duty long-haul logistics and China–Mongolia cross-border freight. The partnership comes as Chinese new energy vehicles and commercial vehicles rapidly gain market share...

KPS to Acquire MM Packaging from MM Group

NEW YORK, Nov. 10, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") has signed a definitive agreement to acquire MM Packaging (the "Business") from Mayr-Melnhof Karton AG ("MM Group") for an enterprise value of €2.4 billion. MM Group will retain 30% ownership of the Business. Completion of the transaction is subject to the required corporate and regulatory approvals as well as other customary conditions and for the French Business, the...

Solidion Technology (NASDAQ: STI) Reports Third Quarter Financial Results, Highlighting Strong Cash Balance, Reduction in Liabilities and Positive EPS

DALLAS, Nov. 10, 2026 /PRNewswire/ -- Solidion Technology, Inc. (NASDAQ: STI) ("Solidion Technology" or "the Company"), an advanced battery technology provider, today reported its Third Quarter 2026 Financial and Operating Results. The condensed consolidated financial statements of Solidion Technology and additional information can be found in Solidion Technology's Quarterly Report on Form 10-Q for the quarter ended September 30, 2026, filed...

Investcorp Announces Aggregate Financial Activity for 2026 at Gateway Gulf Investment Forum

MANAMA, Bahrain, Nov. 2, 2026 /PRNewswire/ -- Investcorp, a leading global alternative investment manager, today announced that it recorded US$11.1 billion in aggregate activity across fundraising, capital deployment and exits during the first nine months of 2026, underscoring the continued strength and growth of its global platform.The announcement, made at Gateway Gulf 2026 in Bahrain, highlights Investcorp's global investment momentum and...

Bahrain Awards Golden Licenses to Four New Projects at Gateway Gulf 2026 Valued at USD 3.89 Billion

MANAMA, Bahrain, Nov. 2, 2026 /PRNewswire/ -- The Kingdom of Bahrain announced USD 3.89 billion in investment stemming from four large-scale projects awarded Golden Licenses at Gateway Gulf 2026, further reinforcing the Kingdom's position as a destination for high-value global investment. Spanning diversified sectors, across aviation logistics, real estate, and technology, the projects are expected to contribute to advancing Bahrain's economic...

SICO Announces USD 1.6 Billion in New Business Awarded by Institutional and Individual Investors at Gateway Gulf 2026

MANAMA, Bahrain, Nov. 2, 2026 /PRNewswire/ -- SICO BSC (c), a leading regional asset manager, broker, and investment bank with direct presence in Bahrain, Saudi Arabia, and the UAE, announced today at the Gateway Gulf 2026 Forum in Manama approximately USD 1.6 billion in new business awarded by institutional and individual investors during 2026.The total represents the aggregate value of new mandates awarded to SICO across its Asset...

On the Sidelines of Gateway Gulf 2026: Mumtalakat and ARP Group partner to establish an AI native wholesale bank in Bahrain

MANAMA, Bahrain, Nov. 2, 2026 /PRNewswire/ -- Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and ARP Group have partnered to establish an AI-native and blockchain enabled wholesale bank headquartered in Bahrain. ARP Group is the holding company of ARP Global Capital and ARP Digital, the latter co-founded by Yusuf Alireza alongside Abdulla and Abdulaziz Kanoo. The venture has received in-...

BMO Completes Acquisition of Euroz Hartleys Capital Markets Business, Strengthening its Leading Global Metals and Mining Franchise

TORONTO and PERTH, Australia, Nov. 1, 2026 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced the completion of its acquisition of the Australian capital markets business of Euroz Hartleys Group Limited (ASX: EZL), strengthening its leading global metals and mining franchise and expanding BMO Capital Markets' presence in Australia. The acquisition combines BMO's global investment banking and distribution capabilities...

GLOBAL VOTING FOR 7 WONDERS OF FUTURE CITIES OFFICIALLY SWITCHED ON

DUBAI, UAE, Nov. 1, 2026 /PRNewswire/ -- New Clark City, Philippines, hosts "switch-on" ceremony as New7Wonders opens worldwide public voting on www.7wondersfc.com to choose the urban developments shaping our future. New7Wonders today officially launched global public voting for the 7 Wonders of Future Cities, in a landmark ceremony hosted in the Philippines on World Cities Day, marking the...

Towards Buddha Co., Ltd. and ICP DAS Showcase iTLC Intelligent Traffic Control Solutions at APTA 2026 in Chicago

CHICAGO, Oct. 31, 2026 /PRNewswire/ -- Towards Buddha Co., Ltd., an overseas distributor of the iTLC Intelligent Traffic Control System, joined its technology partner ICP DAS at APTA 2026 TRANSform & EXPO in Chicago, USA, to showcase the iTLC-9000 Series and its applications in intelligent traffic management. The exhibition highlighted innovative traffic control technologies designed to support reliable, secure, and integrated smart...

Sanya and Maldives Sign Agreements to Deepen Trade and Investment Ties

SANYA, China, Oct. 31, 2026 /PRNewswire/ -- Sanya has secured new agreements to advance trade and investment ties with the Maldives following a two-day mission focused on the blue economy, yacht services, fisheries, and aquaculture. A delegation representing the Sanya Municipal Bureau of Commerce, the Sanya Central Business District Administration, the Sanya Investment Promotion Bureau, and the Sanya Tourism Development Bureau visited the...

SCANOLOGY Introduces AirGO Pad for On-Site 3D Scanning, Inspection and Reporting

HANGZHOU, China, Oct. 31, 2026 /PRNewswire/ -- SCANOLOGY introduces AirGO Pad, an integrated mobile measurement platform that brings 3D scanning, inspection and reporting alongside the part being measured. Combining computing, industrial 3D inspection software and touchscreen operation, AirGO Pad works with compatible SCANOLOGY wireless 3D scanners to help operators complete the inspection workflow on-site without carrying a separate laptop....

Drive to Great | BAIC FOTON Africa Partners Conference Successfully Held, Accelerating Localization Strategy

PORT ELIZABETH, South Africa, Oct. 31, 2026 /PRNewswire/ -- On October 29, the BAIC FOTON Africa Partners Conference, themed "Drive to Great," was held at Nelson Mandela Bay Stadium in Port Elizabeth, South Africa. Nearly 700 participants attended, including Chinese and African political and business representatives, senior executives from BAIC Group and BAIC FOTON, and distributors, key accounts, industrial partners, and media from 42 African...

KSAT and Morehead State University Partner to Expand Lunar Communications Infrastructure

DENVER and MOREHEAD, Ky., Oct. 31, 2026 /PRNewswire/ -- Kongsberg Satellite Services (KSAT), a leading provider of ground station networks and satellite operations, today announced a strategic partnership with Morehead State University (MSU) to enhance the KSAT Lunar Network, supporting the growing demand for communications and tracking services for deep space and lunar missions.

Hikvision showcases its latest range of AI products and solutions designed to promote growth for SMBs

HANGZHOU, China, Oct. 30, 2026 /PRNewswire/ -- Hikvision has hosted its third annual SMB event showcasing how AI delivers practical value for SMBs and the installers who serve them. For SMBs, Hikvision is applying this scenario-based approach with AI products and tools they can put to work right away.AI for Safer Sites: detecting more risks while lowering costsAt the event, Hikvision demonstrated how its Guanlan large-scale AI models have...

GAC Showcases GAC ALL-NEW E8 at 2026 Macao Auto Expo

MACAO, Oct. 30, 2026 /PRNewswire/ -- On October 30, the 16th China (Macau) International Automobile Exposition opened at The Venetian Macao's Cotai Expo. Under the theme "Where Craft Meets Technology," GAC presented multiple new-energy models. The GAC ALL-NEW E8 was officially launched in Macao, while the AION i60 and AION N60 made their Macao debuts. As the only Chinese automotive brand to have participated in the Macao Auto Expo for 16...

Gastops and Bell Sign Memorandum of Understanding to Explore Future Collaboration Opportunities

OTTAWA, ON, Oct. 30, 2026 /PRNewswire/ -- Gastops, a global leader in intelligent condition monitoring solutions, and Bell Textron Inc. (Bell), a leading aerospace manufacturer and provider of vertical lift aircraft, have signed a Memorandum of Understanding (MOU) to explore opportunities for future collaboration related to Bell's industrial participation activities in Canada. Announced at the Canadian Aerospace Summit 2026, the MOU...

Fintech OPay Raises $304 Million Ahead of NYSE Debut: NYSE Content Update

NEW YORK, Oct. 30, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Kristen Scholer delivers the pre-market update on October 30thOPay will begin trading on the NYSE under the ticker symbol 'OPAY.'The firm's IPO gives it a market cap above $4 billion.NYSE...

Cambrex Breaks Ground on $120 Million Expansion in Charles City, Iowa

EAST RUTHERFORD, N.J., Oct. 30, 2026 /PRNewswire/ -- Cambrex, a leading global contract development and manufacturing organization (CDMO), today marked the groundbreaking of its $120 million expansion at its Charles City, Iowa facility. The expansion will add 160,000 liters of manufacturing capacity, increasing the site's total capacity by approximately 25% to nearly one million liters,...

Cognizant commits more than 25,000 professionals to OpenAI delivery as enterprises move frontier AI into production

TEANECK, N.J., Oct. 30, 2026 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced the formation of its OpenAI Frontier Capability Group, bringing together more than 25,000 professionals aligned to delivering OpenAI products, including Codex and ChatGPT, for clients. The group is designed to help enterprises apply OpenAI models to how they write software, serve customers and run day-to-day operations.

CNOOC Limited Brings On-stream 9 New Projects in the First Three Quarters of 2026, Production Continues to Hit New Highs

HONG KONG, Oct. 30, 2026 /PRNewswire/ -- CNOOC Limited (the "Company" or "CNOOC Limited", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announced its operating results for the third quarter of 2026. The Company continued to increase its reserves and production and steadily advanced exploration and development projects, achieving continued growth in net production of oil and gas and net profit attributable to equity...

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