Press Releases

AIIB's Global Membership Grows to 110

SAMARKAND, Uzbekistan, Sept. 26, 2024 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has grown to 110 approved Members after its Board of Governors voted in support of the application of the Republic of Nauru during the Bank's 2024 Annual Meeting. "The addition of Nauru as a regional Member strengthens the AIIB community and supports our collective mission to finance Infrastructure for Tomorrow," said Jin Liqun, AIIB...

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COP28 President calls on all Parties to deliver "transformational" climate action plans that keep 1.5°C within reach and drive sustainable socioeconomic growth

NEW YORK, Sept. 26, 2024 /PRNewswire/ -- Highlighting that Nationally Determined Contributions (NDCs) should be seen as an opportunity to deliver socioeconomic growth, COP28 President Dr. Sultan Al Jaber today called on Parties to issue a third round of NDCs that "meet the urgency of the moment" and represent a "comprehensive response plan" to the UAE Consensus. Parties should view their NDCs "not as a burden but as platforms for new streams...

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Amber Group Announces Winners of BUIDL_QUESTS Web3 Innovation Challenge and Unveils New Incubated Project, Acorn Network

SINGAPORE, Sept. 26, 2024 /PRNewswire/ -- Amber Group, a leading global digital asset company, has announced the winners of its BUIDL_QUESTS Web3 Innovation Challenge at the grand finale held during TOKEN2049. The firm also introduced Acorn Network, a pioneering omnichain liquidity layer for Bitcoin incubated through its amber.ac accelerator program. Launched in July 2024, the BUIDL_QUESTS challenge attracted nearly 200 entries worldwide,...

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Booth Application Opens in HOTEL & SHOP PLUS Shanghai 2025

SHANGHAI, Sept. 26, 2024 /PRNewswire/ -- Steady progress, steady improvement – China's macroeconomic GDP growth rate has increased from 4.9% in the third quarter of 2023 to 5.2% in the fourth quarter and 5.3% in the first quarter of 2024. According to predictions, the economic growth rate is expected to be 4.9% in 2025. In this year's government work report, it is proposed to cultivate and expand new consumption, actively cultivate new...

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ACEN joins Climate Week NYC to highlight crucial role of transition credits in early coal retirement

NEW YORK, Sept. 26, 2024 /PRNewswire/ -- ACEN, the Ayala group's listed energy platform, joined this year's Climate Week NYC, the biggest annual climate event of its kind, with leaders from the world of business, tech, politics, academia and civil society. The company's participation reinforces its pioneering role in the coal-to-clean energy transition through the use of transition credits....

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Velo Labs Selects OpenEden's Tokenized U.S. Treasury Bills to Strengthen Its Reserves for its USDV

SINGAPORE, Sept. 26, 2024 /PRNewswire/ -- Velo Labs, a leader in Web3-based financial solutions, is integrating OpenEden's tokenized U.S. Treasury bills (TBILL) as a reserve collateral asset for USDV, the protocol pegged against stablecoins  to process up to $150 million in daily transactions on Velo Finance. This partnership with OpenEden marks an...

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IFF Pharma Solutions Brings New Innovations and Excipient Excellence to CPHI 2024

NEW YORK, Sept. 26, 2024 /PRNewswire/ -- IFF (NYSE:IFF) Pharma Solutions is proud to announce its more than 75-year legacy as an excipient manufacturer with new product launches and technologies for the pharmaceutical and biotech industries. Celebrating this pivotal milestone, IFF will spotlight its latest solutions for nitrosamine mitigation at CPHI 2024, Milan, Oct. 8-10, booth 6B10. The range includes a new portfolio of low nitrite...

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ZEISS reinvents lens extraction with the first hand-held ultrasound-free lens removal device, available in the U.S.

DUBLIN, Calif. and JENA, Germany, Sept. 26, 2024 /PRNewswire/ -- ZEISS Medical Technology today announced the broad U.S. distribution of the MICOR® 700 from ZEISS, reinventing lens extraction with the first hand-held lens removal device with ultrasound-free operation, providing a sustainable solution with a low initial investment to help surgeons broaden their intraocular working space. Creating a gentler patient experience, the ZEISS MICOR...

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IBM Expands Quantum Data Center in Poughkeepsie, New York to Advance Algorithm Discovery Globally

POUGHKEEPSIE, N.Y., Sept. 26, 2024 /PRNewswire/ -- IBM (NYSE: IBM) announced today the completion of its latest expansion of the IBM Quantum Data Center in Poughkeepsie, New York, which operates the highest number of available utility-scale quantum computers at a single location in the world. These systems are a part of the more than a dozen quantum computers offered to global clients via the IBM cloud.

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Global Semiconductor Industry Plans to Invest $400 Billion in 300mm Fab Equipment Over Next Three Years, SEMI Reports

MILPITAS, Calif., Sept. 26, 2024 /PRNewswire/ -- Global spending on 300mm fab equipment is expected to reach a record US$400 billion from 2025 to 2027, SEMI highlighted today in its quarterly 300mm Fab Outlook Report to 2027 report. The robust spending is being driven by the regionalization of semiconductor fabs and the increasing demand for artificial intelligence (AI) chips used in data centers and edge devices. Worldwide, 300mm fab...

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Landis+Gyr Awarded EcoVadis Platinum Medal for Outstanding Sustainability Performance

CHAM, Switzerland, Sept. 26, 2024 /PRNewswire/ -- Landis+Gyr AG (SIX: LAND), a global leader in energy management solutions, today announced it has received the prestigious Platinum medal from EcoVadis, the highest possible distinction awarded under this rating. Since its last assessment, Landis+Gyr improved its overall score from 72 to 80, placing it within the top1% of companies rated by EcoVadis in its peer group. This recognition...

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World's highest education accolade Yidan Prize announces its 2024 laureates

HONG KONG, Sept. 26, 2024 /PRNewswire/ -- Global philanthropic organization Yidan Prize Foundation has awarded the 2024 Yidan Prize, the world's highest education accolade, to Professor Wolfgang Lutz for his work in understanding the long-term benefits of near-term investments in education, and to Professor Mark Jordans, Marwa Zahr, and Luke Stannard for their efforts in bringing learning to life for marginalized children in conflict-affected...

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The Second Asia New Vision Forum Opens, Contributing Asian Solutions to Global Challenges

SINGAPORE, Sept. 26, 2024 /PRNewswire/ -- On September 25, the second Asia New Vision Forum opened in Singapore, focusing on the theme of "Global Challenges, Asian Solutions." The forum was launched by Caixin Global and supported by the Singapore Economic Development Board (EDB) and the Singapore Tourism Board (STB). More than 400 decision-makers, business leaders, and experts from over 10 countries and regions attended, with the forum...

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Stationary Fuel Cells on Track for Record-Breaking Year, Surpassing 2023 Milestone

LONDON, Sept. 26, 2024 /PRNewswire/ -- The pace of deployment of stationary fuel cells continues to accelerate, driven by supportive regulations and incentives in key country markets, a desire for a reliable decentralised prime power, and greater availability of non-fossil gas feedstock post-2030. The global stationary fuel cells market saw annual installations reach 344.9MW in 2023, with an additional 417.9 MW forecast to be installed in...

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Teledyne introduces next generation AI-powered smart camera for industrial automation and inspection

BOSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Teledyne DALSA, a Teledyne Technologies [NYSE:TDY] company and global leader in machine vision technology, is pleased to announce its next generation AI-powered BOA™3 smart camera for industrial automation and inspection.The new BOA3 smart camera is designed to leverage the best features from previous BOA generations and combine them with new sensor and AI (Artificial Intelligence) inspection...

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Bitdeer Completes Testing of its Latest SEAL02 Bitcoin Mining Chip

SINGAPORE, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the successful testing of its latest Bitcoin mining chip, SEAL02, following tape-out.SEAL02 uses one of the most advanced process nodes in partnership with TSMC, a world-leading semiconductor foundry. An exceptional power...

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Flipster: The Fast-Growing Futures Exchange Making a Splash at Token2049

WARSAW, Poland, Sept. 26, 2024 /PRNewswire/ -- Flipster, the cool kid on the crypto derivatives block, just wrapped up an electrifying adventure at Token2049, Asia's largest Web3 event, held in Singapore on September 18-19. Flipster mingled with over 20,000 attendees, from industry titans to enthusiastic innovators. Making Waves at Token2049 with Dynamic Booth and Networking Event At the heart of Flipster's participation was its vibrant booth...

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Grid-Scale Battery Energy Storage Takes Centre Stage in the Energy Mix

LONDON, Sept. 26, 2024 /PRNewswire/ -- Grid-scale battery energy storage systems (BESS) have entered a period of accelerated growth. A key piece of the puzzle in the energy transition, their deployment is crucial to providing the flexibility required to support higher levels of clean electrification relying primarily on variable renewable sources like wind and solar. The global demand for grid-scale Battery Energy Storage Systems (BESS) is...

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Frost & Sullivan Unveils AI Growth Coach: Unlocking Smarter, Faster Strategic Growth Decisions

SAN ANTONIO, Sept. 26, 2024 /PRNewswire/ -- Frost Sullivan, the global growth pipeline company, is proud to announce the launch of its groundbreaking new service, the Frost AI Growth Coach. Designed to revolutionize strategic decision-making, this cutting-edge AI tool provides businesses with on-demand access to actionable insights, streamlining the path to growth in today's fast-paced market.

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SUNMI's Global Headquarters Opens in 2024: Advancing Global Strategy and Ushering in a New Chapter for Business IoT

SINGAPORE, Sept. 26, 2024 /PRNewswire/ -- SUNMI recently celebrated the grand opening of its Global Headquarters in Singapore with an exciting event led by founder and CEO, Jack Lin. This milestone occasion brought together esteemed guests from the Singapore Economic Development Board (EDB) and top executives from major finance, software, and retail companies, who joined SUNMI's key partners in sparking engaging discussions about the promising...

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