Author: Sam Allcock

The 2024 Ou River Summit took place in Wenzhou, China, from October 18-19, attracting government officials, scientists, business leaders, and international delegates who gathered to discuss sustainable energy strategies. Under the theme “Green Forward,” the summit highlighted the latest in clean energy innovations and sustainability solutions within the electric power sector. As part of the event, CHINT marked its 40th anniversary, celebrating its growth from a small family workshop in 1984 into a global force within the electricity and renewable energy industries. CHINT Chairman Cunhui Nan expressed the company’s commitment to continued innovation, stating, “We will continue to drive development…

Locus Robotics, a leading force in AI-powered warehouse automation, has unveiled its new global headquarters, Locus Park, in Wilmington, Massachusetts, marking a key achievement as the company surpasses an industry-first milestone of four billion picks across global deployments. The new headquarters solidifies Locus’s position at the forefront of supply chain automation and promises advancements in robotics that aim to reshape warehouse efficiency and enhance workforce productivity. The 157,000 square foot Locus Park facility will serve as a hub for the company’s innovative endeavours, housing hundreds of employees focused on developing and deploying next-generation robotics solutions. The headquarters integrates a state-of-the-art…

Telecommunications giant e& has completed a landmark acquisition of a controlling stake in the service and infrastructure companies of PPF Telecom Group across Bulgaria, Hungary, Serbia, and Slovakia. The deal sees e& take a majority stake, acquiring 50% plus one economic share, in PPF Telecom. This strategic move significantly enhances e&’s global presence, expanding its reach to 38 countries and marking a new chapter in its international growth. The acquisition, completed after more than a year of negotiations, is expected to reshape the telecom landscape in Central and Eastern Europe (CEE), providing over 10 million customers across the region with…

Causal, a global provider of advanced digital advertising solutions, has announced its expansion into the UK market as part of its broader European growth strategy. This move marks a significant step in the company’s international ambitions, as it seeks to strengthen its presence in one of the world’s largest and most influential advertising hubs. Overseeing the UK operations is Richard Smith, who brings a wealth of experience across multiple sectors, including publishing, audio, Digital Out-of-Home (DOOH), and advertising technology (AdTech). Based in London, Smith is tasked with scaling Causal’s UK presence and spearheading its expansion into other major European markets.…

King Faisal Specialist Hospital and Research Centre (KFSHRC) has performed the world’s first fully robotic left lobe liver transplant from a living donor, marking a groundbreaking achievement in the field of organ transplantation. This innovative procedure offers new possibilities for patients who were previously considered unsuitable for minimally invasive surgery, extending the potential of robotic transplants to a broader group. The pioneering surgery, led by Professor Dieter Broering, Executive Director of KFSHRC’s Organ Transplant Center of Excellence, reflects the hospital’s leadership in robotic transplant technology. The use of robotics in liver transplantation allows for increased precision, reduced recovery times, and…

Airband, the UK’s largest wireless internet service provider, has announced a new partnership with broadband technology company Tarana, aiming to deliver high-speed internet to 265,000 homes and businesses that cannot be reached by traditional fibre networks. The collaboration leverages Tarana’s next-generation fixed wireless access (ngFWA) technology, a breakthrough in the industry that promises fibre-level speeds without the need for extensive infrastructure, making it ideal for remote or difficult-to-access areas. The announcement was made today, highlighting the significant expansion in internet coverage for rural areas, where broadband access has long been limited. The partnership will allow Airband to bring reliable and…

Southeast Asia Commercial Joint Stock Bank (SeABank, HOSE: SSB) has announced a pre-tax profit (PBT) of $180 million for the first nine months of 2024, showcasing robust business performance bolstered by effective risk management practices. The bank reported significant growth across various metrics, with total foreign and domestic mobilization reaching $7 billion. Notably, the Customer Account Savings and Deposits (CASA) grew to $817 million, marking a 24% increase from December 31, 2023, and accounting for 13.46% of total deposits. SeABank’s performance reflects a net increase of $55 million in PBT, representing a 43% year-on-year growth. Total operating income (TOI) surged…

Rowenta, a leader in high-performance home appliances under Groupe SEB, has announced a strategic partnership with Narwal, a frontrunner in home cleaning robotics. This collaboration aims to revolutionise home cleaning standards for European consumers, introducing the Rowenta X-CLEAN 10, an intelligent cordless vacuum and wash cleaner. The partnership combines Rowenta’s renowned craftsmanship and market influence with Narwal’s advanced robotic technology, reflecting both brands’ commitment to innovation and product excellence. The Rowenta X-CLEAN 10 showcases a blend of both companies’ strengths and underscores their shared vision for future growth in home cleaning solutions. As a flagship brand of Groupe SEB, which…

French biotech company Okomera has secured funding from Bpifrance to advance the development of a novel CRISPR screening assay aimed at accelerating drug discovery in oncology. The project is being undertaken in collaboration with the Cancer Research Centre of Marseille (CRCM), a leading cancer research institution. The initiative seeks to create new tools for understanding cancer biology and advancing precision medicine. The funding will enable Okomera to further develop its innovative desktop platform that uses droplet-microfluidics and artificial intelligence (AI) for automated screening of patient-derived organoids (PDOs). PDOs, which are miniature 3D cell cultures derived from patients’ tumour tissues, serve…

A South Korean health supplement, HemoHim, produced by Kolmar BNH, has earned prestigious recognition from both the U.S. Food and Drug Administration (FDA) and Australia’s Therapeutic Goods Administration (TGA). These certifications are expected to boost the product’s credibility in international markets, solidifying Kolmar BNH’s position as a leader in the global health supplement industry. Kolmar BNH, listed on the Korean Stock Exchange (KRX: 200130), recently announced that its Sejong plant received a No Action Indicated (NAI) classification following an inspection by the FDA. This classification confirms that the plant meets the stringent requirements of U.S. Current Good Manufacturing Practice (cGMP)…