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ArrayPatch Completes Oversubscribed EUR 3.2 Million Seed Financing to Advance Next-Generation Microneedle Therapeutics

Thu, 05 Nov 2026 18:07:00 +0700

CORK, Ireland, Nov. 05, 2026 (GLOBE NEWSWIRE) -- ArrayPatch Ltd ("ArrayPatch"), a biotech company developing innovative microneedle-based therapeutics, today announced the successful completion of the second close of its seed financing round, securing an additional EUR 1.6 million, bringing the total raised to EUR 3.2 million.

The latest investment comes from impact-focused venture capital firm WakeUp Capital along with funds raised via Spark Venture Funding and Dr. Mark Ledwidge plus existing lead investor Lakeside Capital and DeepIE Ventures.

The proceeds from the seed financing will be used to accelerate the development of programs leveraging its proprietary DerMap dissolving microneedle patch platform towards first-in-human studies, with an initial focus on GLP-DerMap for the treatment of obesity and diabetes, and VIS-DerMap for the treatment of basal cell carcinoma. DerMap is the only microneedle patch delivery technology whereby the microneedles are made entirely from the medicine being delivered, thus requiring no polymer, allowing significantly higher drug loading capacity. The platform can be used to deliver both small molecules and peptides.

"The successful completion of our EUR 3.2 million seed round is an important milestone for ArrayPatch and provides the resources to accelerate the development of our pipeline," said Dr. Waleed Faisal, Founder and CEO of ArrayPatch. "Our primary focus is now GLP-DerMap, where we believe our technology has the potential to offer a new, patient-friendly approach to the delivery of GLP-1 medicines. We are also continuing to advance our programmes in skin cancer and nail fungal infection."

"We are delighted to co-lead this round as ArrayPatch is advancing a novel technology designed to address numerous patient and environmental challenges associated with medicines administered by traditional injections, setting the company on track to make a significant global human and environmental impact." said Andrew Parish, Partner at WakeUp Capital.

Additional investors in the EUR3.2 million seed round included Enterprise Ireland, The Boole Investment Syndicate and a number of private investors. Andrew Parish, Partner at WakeUp Capital, will join the ArrayPatch Board of Directors, alongside recently appointed Chair, Dr. Neil Thomas.

About ArrayPatch Ltd

ArrayPatch is a biotech company based in Cork, Ireland, developing next-generation microneedle-based therapeutics. Its DerMap platform harnesses polymer-free dissolving microneedles to deliver therapeutic agents directly in a painless and efficient manner. The company's lead program, GLP-DerMap, is designed to address the challenges associated with current GLP-1 agonist injections by delivering the medicine in a pain-free patch and is currently in pre-clinical development.

Additional applications under development are VIS-DerMap for the treatment of basal cell carcinoma and ITZ-DerMap for the treatment of onychomycosis (nail fungus). ArrayPatch was spun out from University College Cork and has secured significant non-dilutive funding and industry recognition to support its development strategy. For more information, please visit www.array-patch.com

CGTN: Dialog Wali Kota Global menegaskan kembali komitmen Tiongkok terhadap keterbukaan

Thu, 05 Nov 2026 18:03:00 +0700

Pelabuhan Ningbo-Zhoushan. /CMG

BEIJING, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Acara utama Dialog Wali Kota Global 2026 ? Ningbo resmi dibuka pada hari Selasa di kota pelabuhan Ningbo, dengan menghadirkan perwakilan dari 15 negara dan 20 kota internasional.

Dengan mengusung tema "Keterbukaan dan Konektivitas untuk Peluang Bersama", acara ini menghasilkan 14 kesepakatan kerja sama serta Konsensus Ningbo tentang Pembangunan Kooperatif. Hasil tersebut menegaskan peran kota sebagai penggerak perdagangan terbuka yang saling menguntungkan.

Proyek-proyek yang telah disepakati mencakup pertukaran antarkota kembar, perdagangan dan investasi, sains dan pendidikan, kebudayaan dan pariwisata. "Keterbukaan kota terhadap dunia bukan sekadar langkah satu arah untuk menjangkau dunia luar, melainkan juga proses integrasi dua arah ke dalam rantai industri dan inovasi global," ujar Wali Kota Ningbo, Shen Mingquan.

Sebagai salah satu kota pesisir pertama di Tiongkok yang membuka diri terhadap dunia luar, Ningbo menjalin hubungan ekonomi dan perdagangan dengan lebih dari 220 negara dan wilayah di seluruh dunia.

Integrasi global ini telah menunjukkan hasil yang signifikan. Pada tahun 2024, delegasi Ningbo mengunjungi otoritas Terusan Suez di Mesir, dan Dashun Fur, perusahaan yang berbasis di Ningbo, menginvestasikan $40 juta di Zona Ekonomi Terusan Suez. Kerja sama mereka pun berkembang dari sektor tekstil tradisional ke logistik modern. Produk seperti susu bubuk dari Selandia Baru dan kurma dari Maroko banyak diminati warga Ningbo. Sementara itu, Maladewa termasuk dalam 10 besar destinasi wisata luar negeri pilihan warga Ningbo.

Tiongkok tetap menjadi negara dengan perdagangan barang terbesar di dunia dan importir terbesar kedua, serta mitra dagang utama bagi lebih dari 150 negara dan wilayah. Data kepabeanan menunjukkan bahwa nilai perdagangan barang Tiongkok mencapai 45,47 triliun yuan ($6,51 triliun) pada tahun 2025, naik 3,8% dibandingkan tahun sebelumnya, dengan nilai ekspor tercatat sebesar 26,99 triliun yuan ($4,06 triliun) dan impor mencapai 18,48 triliun yuan ($2,78 triliun).

Perdagangan dengan negara-negara mitra dalam inisiatif Sabuk dan Jalan menyumbang 51,9% dari total perdagangan luar negeri Tiongkok. Angka-angka tersebut menegaskan satu kenyataan mendasar: pertumbuhan Tiongkok membutuhkan dunia, dan dunia juga membutuhkan Tiongkok untuk mewujudkan kemakmuran global.

Dialog di Ningbo berulang kali menyoroti pilihan antara "membangun tembok" dan "membangun jembatan." Dalam acara pada hari Selasa tersebut, Wali Kota Auckland, Wayne Brown, membagikan kisah tentang bagaimana sebuah kota gerbang di Pasifik Selatan mengubah jarak menjadi keterbukaan. Karimi Said, Wali Kota Errachidia, Maroko, menyebut pertanian oasis dan kurma sebagai penghubung ke pasar global.

Pertukaran budaya selama acara tersebut-termasuk dokumen pada lempeng tembaga dari Atol Laamu di Maladewa, artefak kumbang scarab dari Suez, dan permen Norman dari Saint-?tienne, Prancis-ditempatkan sejajar dengan kontrak komersial. Hal ini mencerminkan penekanan Konsensus tersebut pada hubungan antarmasyarakat.

Konsensus Ningbo menegaskan komitmen para peserta terhadap kerja sama industri yang lebih mendalam, perdagangan terbuka, dan pertukaran antarmasyarakat. Hal ini sejalan dengan semangat kebersamaan dalam membangun masa depan bersama bagi umat manusia, yang mendorong terciptanya dunia tempat kota-kota saling mendukung melalui rasa saling percaya dan kerja sama yang saling menguntungkan.

Dengan menghubungkan pelabuhan, rantai pasok, dan masyarakat-baik secara langsung maupun melalui platform digital-ke-20 kota tersebut menyampaikan pesan yang jelas: Keterbukaan dan konektivitas, bukan isolasi, tetap menjadi jalan paling pasti untuk meraih peluang bersama.

Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region

Thu, 05 Nov 2026 17:56:00 +0700

Source: Malayang Manok Philippines

Several report full or near-full cage-free egg sourcing in all or part of Europe or North America. Their own reports show far lower figures, or none, for Asia.

BANGKOK, THAILAND - Media OutReach Newswire - 5 November 2026 - In October, more than fifty animal advocates gathered in Bangkok to call on ten international companies to deliver their cage-free egg commitments across Asia. The ten are Aramark, Grupo Bimbo, IHG Hotels & Resorts, Inspire Brands, Kraft Heinz, Marriott International, Mondelēz International, Radisson Hotel Group, Sodexo and Unilever.

Each of the ten published a commitment to source only cage-free eggs worldwide by 2025. Based on their public reports as of early-November, none has yet confirmed meeting that commitment in Asia, and several have since extended timelines, limited the scope to certain regions, or set no new deadline.

The gap between the West and Asia shows in the companies' own reports. IHG reports that 99.2% of its US hotels were aligned with its cage-free egg commitment in 2025, compared with 0% in Greater China. Marriott reports that 90.84% of egg spend at its managed US properties was cage-free in 2025, compared with 59.13% at its managed properties in Greater China.

Unilever reports 100% cage-free eggs in Europe and North America, but its latest available figure for Asia and Oceania is 7%, for 2023. It has said it will end its commitment to reach 100% cage-free eggs globally. Kraft Heinz's animal welfare policy, issued in September 2026, commits to sourcing only cage-free eggs in North America and Europe.

For other regions, including Asia, it says it will "continue to monitor the availability and affordability of cage-free eggs". Both companies describe North America and Europe as their "biggest markets". Sodexo has extended its timeline up to 2035 for countries where cage-free supply chains are still developing.

Radisson Hotel Group's April 2026 status report says it will focus on implementation "rather than setting additional time-bound public targets where credible pathways are not yet clear", and Grupo Bimbo cites factors affecting "the operational feasibility of completing the transition within the original timeline".

The advocates acknowledge the challenges, and several animal welfare groups work directly with egg producers in the region to build cage-free supply. Other companies already show that progress is possible. Hilton's latest report lists 100% cage-free egg sourcing in the Philippines and more than 95% in Malaysia and Thailand, among its managed hotels in Asia Pacific. Accor's June 2026 report shows 91% of its hotels in South Korea, 88% in the Philippines and 80% in Thailand offering only cage-free eggs at the end of 2025.

The advocates call on the companies to honour their 2025 commitments in Asia without further delay, and to publish market-by-market progress together with the concrete steps being taken.

Animal advocacy groups across Asia, including Farmed Animal Compliance Thailand, the Malaysia Accountability Project, the Indonesia Network for Compassionate Animal Farming, Malayang Manok PH, Vietnam Animal Welfare Watch and Accountability Lens Asia, will continue to track each company's public reporting and progress, and will share updates as companies publish new figures for Asia.

Notes for editors: Company figures are taken from each company's own published reports and policies, as checked on Nov 5, 2026. Some companies' goals excluded specific countries or types of egg; details are in the source table that follows this release.

Source table

Every figure comes from the company's own document unless marked "news". Shell and liquid eggs are shown separately where the company splits them. Sources checked on [date checked].

Company	2025 commitment	West, latest	Asia, latest	Change since	Sources
Aramark	Worldwide by 2025, shell and liquid (March 2017); covers "controlled spend", excludes ingredient eggs	Europe 83%, US 77% of eggs (2025)	No Asia figure; Asia and Latin America are under 15% of egg purchases	September 2026 update gives no date; April 2026 version mentioned "enriched cages and credits"	Sept 2026 update, April 2026 version, p.3, 2017 release, policy
Grupo Bimbo	100% cage-free supply by 2025 from suppliers "around the world" (December 2015)	North America 46% (2025)	Only a combined "Europe, Asia & Africa" figure: 57% (2025)	Cites "the operational feasibility of completing the transition within the original timeline"; no new date	December 2025 Cage Free Egg Report, 2015 release
IHG Hotels & Resorts	Goal: only cage-free "across our entire global estate by 2025" (December 2016)	US 99.2%, Europe 79.9% of hotels aligned (2025)	EAPAC 8.9%, Greater China 0% of hotels aligned (2025)	2025 reporting gives no target date. "Aligned" includes hotels in regulated markets and hotels that serve no eggs	2025 ESG Databook, p.12, 2016 release
Inspire Brands	"each brand that currently serves eggs has committed globally to 100% sourcing of cage-free eggs by 2025" (Good Citizens Report, 2022 edition)	Dunkin' US: approximately 30% of eggs on breakfast sandwiches (2022 report). Arby's met its commitment in 2020, with a footnote that supply shortages have limited availability	None published	Current website no longer states the global goal; it says Arby's met its commitment and SONIC and Dunkin' "continue to make positive progress"	Good Citizens Report 2022, PDF pp.28, 71, Inspire Food page
Kraft Heinz	Eggs globally from cage-free or better hens by 2025 (December 2017)	North America 66% (2024)	Asia Pacific 15% (2024)	Policy issued 16 September 2026: only cage-free eggs (directly sourced) in North America and Europe, "our biggest markets" (US, Canada, France, Italy, the Netherlands, Spain and the UK); no deadline. Outside these regions it "will continue to monitor the availability and affordability of cage-free eggs"	Global Animal Welfare Policy v2.0, ?3.7, 2025 ESG Report, p.12
Marriott International	All owned, managed and franchised hotels globally by end-2025; shell, liquid and egg products	US managed properties 90.84% of egg spend (2025)	Managed egg spend: APAC excl. China 74.91%, Greater China 59.13% (2025). Managed properties in Bhutan and Nepal at 100%	Report states no change. The 70.03% global figure covers managed and franchised hotels, so it isn't comparable with the regional figures	2026 Serve 360 Report, pp.8?9, 2022 statement
Mondelēz International	2016: US and Canada by 2020, Europe by 2025; later global by 2025 excluding Russia and Ukraine	US and Canada 100% by end-2020	No Asia figure found; China and Vietnam excluded from the 2027 goal	Now 2027, excluding China, Morocco, Russia, Ukraine and Vietnam; 82% in 2025 on that basis	Cage-free position, Goals & Progress, 2022 report, p.10
Radisson Hotel Group	Globally by 2025, shell, liquid and egg products (November 2019)	Europe 79% of reporting hotels (2025)	South Asia 47%, Southeast Asia Pacific 71%, China 45% of reporting hotels (2025; China excludes franchised). Only 11 of 18 China hotels reported	April 2026 status report sets no new date: no "additional time-bound public targets where credible pathways are not yet clear". Global: 72% of reporting hotels, 40% of all hotels	April 2026 status report, February 2026 update, 2019 release
Sodexo	Worldwide by 2025, shell and liquid (July 2016)	FY2025: 100% shell and liquid in 13 European countries; UK 98%; US shell 77%, liquid 89%	FY2025 shell eggs: China 0.4%, India 2.6%, Malaysia 0.6%, Philippines 0%, Singapore 1.5%, Thailand 3.8%; liquid 0% or not reported	2025 goal now described as covering countries making up 88% of revenue; 15 markets, including China, Hong Kong, India, Malaysia, the Philippines, Singapore and Thailand, moved to roadmaps ending 2030 or 2035	FY2025 Animal Welfare Performance Report, pp.3, 6?8, FY2024 report, p.4, URD FY2025, p.150
Unilever	"100% global 2025 target" (2018)	100% in Europe and North America; 68% globally (end-2024)	Asia and Oceania 7% (2023 actual, in the 2024 report); the 2025 Annual Report gives no cage-free egg figures	Says it "will end our commitment to reach 100% cage free eggs globally" and will "maintain 100% cage-free eggs in North America and Europe, which are our biggest markets" (page undated; news dates the change to late 2025)	Position page, 2024 report, 2025 Annual Report, Food Manufacture (news)

Companies credited in the release

Company	West, latest	Asia, latest	Cited in the release for	Source
Hilton	Americas 93%, EMEA 96% (managed)	APAC 42% (managed); Philippines 100%, Malaysia and Thailand over 95% (managed)	Country results in the Philippines, Malaysia and Thailand	2025 Responsible Sourcing Goals, p.5
Accor	Europe 80% of all hotels (end-2025)	Asia Pacific 73%, South Korea 91%, Philippines 88%, Thailand 80%, Greater China 17% of all hotels (end-2025, self-reported)	Country results in South Korea, the Philippines and Thailand	June 2026 progress report

The issuer is solely responsible for the content of this announcement.

Hashtags: #CageFree

Wood Mackenzie: One in five refineries at closure risk as global oil demand peaks in 2032

Thu, 05 Nov 2026 17:50:00 +0700

LONDON/HOUSTON/SINGAPORE, Nov. 05, 2026 (GLOBE NEWSWIRE) --

FOR IMMEDIATE RELEASE

Wood Mackenzie | www.woodmac.com

An estimated one in five of the world's oil refineries faces increasing risk of closure as global oil demand peaks and enters structural decline within the next decade, according to new research published today by Wood Mackenzie. For the refining industry, the firm says, hope is not a strategy.

Global refined product demand stands at 105 million barrels per day. Wood Mackenzie forecasts a rise to 108 mb/d by 2032, after which decline sets in. Roughly 20% of existing global capacity sits on what the report terms a "downward escalator," facing falling or negative operating net cash margins and increasing risk of closure. Demand peaks in 2032, but with 2040 only three to four refinery turnaround cycles away, the window for major investment decisions is closing. Despite this, some refinery investments will continue in locations such as India, driven by domestic demand growth and energy self-reliance policy, though it remains capacity added locally into a global market in structural decline.

"The sector has navigated structural change before, from the oil shocks of the 1970s to the investment capacity wave across the Middle East and Asia in the 2000s," said Alan Gelder, SVP Refining, Chemicals and Oil Markets, Wood Mackenzie. "The current pressure is different in kind, not just degree. For the first time, the industry faces sustained decline in end-market demand rather than a temporary supply disruption. Scale, complexity and location determine which assets have genuine options. For those without structural advantages, the absence of a credible adaptation plan is not a deferral. It is a decision."

The demand decline is not uniform

Gasoline faces the sharpest pressure from electric vehicle adoption. Diesel, gasoil and jet fuel are more resilient, as heavy road transport and aviation have no clear decarbonisation pathway. LPG and naphtha benefit from petrochemical feedstock demand, while specialty products including lubricants, bitumen and waxes are largely insulated, as bio-based alternatives do not yet exist at scale.

The current elevated refining margins, driven by the Middle East conflict and damage to Russian refineries, will return to more modest levels when the conflict ends. Refining margins are determined by crack spreads, not the oil price, and long-run average benchmark margins are slim. The sector generates lower returns on capital than upstream operations, making the investment required for adaptation harder to access when the need is greatest.

Five archetypes, sharply uneven exposure

Large-scale, high-complexity refineries, including major assets on the US Gulf Coast, modern export-oriented facilities in the Middle East and the Dangote refinery in Nigeria, are the most competitive. Complex chemical-integrated sites, increasingly common in China and parts of Europe and Asia, can redirect output from declining transport fuels into petrochemicals. These two archetypes have the broadest adaptation options and are best placed to become the integrated energy parks that define the sector's future.

Coastal cracking refineries, the most common OECD configuration, face direct international competition and narrower options. European assets face the most acute regional pressure. Small-scale specialty assets, focused on lubricants, bitumen and waxes, carry limited exposure to transport fuel decline. Small-scale, low-complexity refineries, many of them NOC-owned in developing countries, survive only through subsidies.

Many pathways exist, but not all are equally available

Wood Mackenzie identifies several adaptation strategies, though high capital costs and market uncertainty make many difficult to execute. Petrochemical integration is the primary route for large, complex sites, redirecting LPG and naphtha into olefins, aromatics and polymers; Asian and Middle Eastern operators, backed by state capital, lead here. Bio and circular conversion, producing renewable diesel and sustainable aviation fuel from used cooking oil and recycled plastics, suits EU coastal refineries. Conventional upgrading is most viable for Middle Eastern and Asian refiners with capital, land and export access. Carbon capture and storage is relevant primarily to European and OECD operators. For mid-tier assets, the options are capacity consolidation, a pivot to specialty products, full value-chain integration or diversification into tangential sectors such as power, LNG and ammonia.

"The capital required for the most of these adaptation strategies is substantial, and the sector's return profile makes raising it harder than it appears from the outside," said Chris Barry, Vice President, Downstream Consulting, Wood Mackenzie. "The risk is a mismatch between ambition and balance sheet capacity. Petrochemical and renewable fuels integration may be an attractive growth or diversification opportunity for large, complex, well-positioned assets. For structurally weaker sites, consolidating around local market strength or moving into specialty products is the more defensible route to long-term viability."

A bifurcated future

Oil products remain central to the global economy for several more decades, and well-positioned refineries have a viable future. The sector's long-term shape is bifurcated: world-class integrated energy and molecule parks producing fuels, petrochemicals and speciality products at one end; terminal conversion, repurposing or closure at the other. Sector specialists will survive by monetising local advantages in feedstock access, regulatory environment or state support. For investors and asset owners, the question is not whether a refinery will face pressure, but whether its archetype, location and ownership structure give it the tools to adapt.

Key details:

Refined product demand: 105 mb/d in 2025, peaking at 108 mb/d in 2032, then declining

Estimated 20% of existing global refining capacity at increasing risk of closure

More than 700 refineries worldwide

India: 40% of global refining capacity additions to 2030

Sustainable aviation fuels: up to 80% emissions reduction versus conventional jet fuel

Refinery complexity scored on a scale of 1 to 25; higher scores generally correlate with higher net cash margin

2040 is three to four refinery turnaround cycles away

Background

Wood Mackenzie's Horizons series draws on proprietary data from the firm's Refinery Evaluation Model and Product Markets Service. Net cash margin is defined as cash from refining operations after payment of feedstock, fixed and variable operating costs on a per-barrel-of-throughput basis. All demand forecasts and capacity risk estimates reflect Wood Mackenzie's analytical view as of the date of publication.

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About Wood Mackenzie:

Wood Mackenzie is the global leader in analytics, insights and proprietary data across the entire energy and natural resources landscape. For over 50 years our work has guided the decisions of the world's most influential energy producers, utilities companies, financial institutions and governments. Now, with the world's energy system more complex and interconnected than ever before, sector-specific views are no longer enough.

That's why we've redefined what's possible with Intelligence Connected: the fusion of our unparalleled proprietary data with the sharpest analytical minds, all supercharged by Synoptic AI, to deliver a clear, interconnected view of the entire value chain. Our trusted team of 2,700 experts across 30 countries breaks siloes and connects industries, markets and regions across the globe to empower our customers to identify risk sooner, spot opportunity faster and make every decision with complete confidence.

Univar Solutions Memperluas Portofolio Bahan Baku Nabati Melalui Kolaborasi Strategis dengan Roquette di Amerika Utara

Thu, 05 Nov 2026 17:44:00 +0700

Kolaborasi baru ini meningkatkan akses pelanggan ke protein nabati, serat, dan selulosa, yang mendorong inovasi di pasar kesehatan dan nutrisi

DOWNERS GROVE, Illinois, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Univar Solutions LLC ("Univar Solutions" atau "Perusahaan"), penyedia solusi global terkemuka bagi pengguna bahan baku khusus dan esensial, mengumumkan hubungan distribusi baru antara unit bisnisnya, Foodology by Univar Solutions, dan Roquette, pemimpin global dalam bidang bahan baku nabati.

Perjanjian ini mencakup perluasan portofolio selulosa, serta protein nabati NUTRALYS dan serat larut NUTRIOSE . Perluasan ini semakin memperkuat penawaran produk nabati unit bisnis Foodology by Univar Solutions bagi pelanggan di Amerika Serikat dan Kanada.

"Bersama Roquette, pelopor global dalam bidang bahan baku nabati, kami menepati janji kami untuk menghadirkan solusi inovatif dan berkelanjutan bagi pelanggan kami," ujar Aaron Lee, senior vice president bidang Kesehatan & Nutrisi di Univar Solutions. "Kolaborasi kami di Amerika Utara kini tidak hanya mencakup produk selulosa, tetapi juga protein nabati dan serat. Kami memadukan kepemimpinan Roquette dalam inovasi pangan dengan keunggulan rantai pasok dan intelijen pasar kami untuk turut membentuk masa depan nutrisi. Melalui kolaborasi ini, kami mewujudkan komitmen Feeding Healthy Tomorrows (Turut Menutrisi Masa Depan yang Lebih Sehat) melalui langkah nyata secara bertahap dalam setiap proyek."

Protein kacang polong NUTRALYS merupakan lini bahan protein nabati serbaguna yang dihasilkan dari kacang polong kuning non-GMO melalui proses berbasis air yang dipatenkan oleh Roquette. Serat larut NUTRIOSE yang berasal dari gandum atau jagung non-GMO memiliki cita rasa netral sehingga tetap mempertahankan cita rasa asli produk. Serat ini juga memiliki toleransi pencernaan yang telah terbukti secara klinis serta stabilitas yang sangat baik selama proses pengolahan. Portofolio produk selulosa ini mencakup METHOCEL, WELLENCE, ETHOCEL, TABULOSE, dan MICROCEL, yang memungkinkan pelanggan menghadirkan tekstur, stabilitas, kinerja pengolahan, serta pengalaman konsumen dalam berbagai aplikasi pangan. Dengan keahlian lebih dari 90 tahun, Roquette berada di garis terdepan dalam inovasi pangan dan nutrisi serta memelopori pengembangan solusi pangan nabati yang lebih sehat dan berkelanjutan.

"Kami senang dapat memperluas kolaborasi dengan Univar Solutions, yang kini tidak hanya mencakup produk selulosa, tetapi juga protein nabati dan serat," ujar Gaetan Fauvarque, Head of Global Distribution Management untuk Unit Bisnis Nutrisi dan Bioindustri Roquette. "Perluasan hubungan ini akan menghadirkan lebih banyak produk kami bagi pelanggan di Amerika Utara. Bersama-sama, kami dapat mengoptimalkan kekuatan masing-masing untuk menghadirkan solusi nabati yang inovatif kepada lebih banyak pelanggan. Kolaborasi ini juga memungkinkan kami memenuhi kebutuhan industri pangan dan nutrisi yang terus berkembang dengan lebih baik."

Portofolio ini dapat digunakan dalam berbagai produk makanan dan minuman, termasuk minuman berprotein, makanan ringan yang difortifikasi, diet nabati, produk roti dan kue, serta alternatif daging. Portofolio ini juga sejalan dengan tren pasar utama, seperti fortifikasi protein, diet nabati, terapi pengelolaan berat badan, dan peningkatan asupan serat. Dengan fokus yang kuat pada nutrasetikal dan nutrisi olahraga, bahan-bahan baru dalam portofolio ini juga membantu konsumen menerapkan dan mempertahankan gaya hidup yang lebih sehat.

Pelajari cara Foodology by Univar Solutions membantu berbagai merek mengantisipasi perubahan preferensi konsumen dengan menyediakan bahan baku berkualitas tinggi dan resep inovatif.

Tentang Univar Solutions

Univar Solutions merupakan distributor global terkemuka untuk bahan baku dan bahan kimia khusus, yang mewakili portofolio premium dari para produsen terkemuka di dunia. Didukung oleh salah satu armada transportasi milik sendiri dan tim penjualan teknis terbesar di industri, keahlian teknis tentang logistik yang tak tertandingi, pengetahuan mendalam tentang pasar dan regulasi, kemampuan formulasi dan pengembangan resep, serta perangkat digital terdepan, Perusahaan memiliki posisi kuat untuk menawarkan solusi khusus dan layanan bernilai tambah untuk berbagai pasar, industri, dan aplikasi. Dalam mewujudkan tujuannya untuk membantu menjaga masyarakat tetap sehat, terpenuhi kebutuhan pangannya, bersih, dan aman, Univar Solutions berkomitmen membantu pelanggan dan pemasok berinovasi serta berfokus pada semangat Tumbuh Bersama. Pelajari lebih lanjut di univarsolutions.com.

Tentang Roquette

Roquette merupakan pemimpin global dalam solusi nabati berkelanjutan serta mendorong inovasi yang membentuk masa depan nutrisi, kesehatan, dan bioindustri. Perusahaan ini memanfaatkan sumber daya alam seperti gandum, jagung, rumput laut, dan selulosa untuk menghasilkan bahan baku berkinerja tinggi yang digunakan dalam makanan sehari-hari, obat-obatan oral, produk biofarmasi canggih, serta berbagai produk berbasis hayati. Sebagai perusahaan milik keluarga dengan keahlian selama lebih dari 90 tahun dan 11.000 karyawan, Roquette melayani klien di lebih dari 150 negara serta berkomitmen menciptakan nilai jangka panjang bagi pelanggan, pasien, konsumen, dan masyarakat. Bersama-sama, kami mengubah potensi alam menjadi berbagai kebutuhan esensial bagi kehidupan. Temukan informasi selengkapnya tentang Roquette di sini.

Pernyataan Berwawasan ke Depan dan Informasi

Komunikasi ini memuat "pernyataan berwawasan ke depan" berdasarkan hukum yang berlaku tentang aspek keuangan dan operasional yang terkait dengan bisnis Perusahaan. Pernyataan berwawasan ke depan umumnya dapat dikenali dari penggunaan kata-kata seperti "meyakini," "memperkirakan," "mungkin," "akan," "seharusnya," "dapat," "berupaya," "bermaksud," "berencana," "mengestimasi," "mengantisipasi," atau istilah sebanding lainnya. Seluruh pernyataan berwawasan depan yang disampaikan dalam komunikasi ini dibatasi oleh pernyataan kehati-hatian ini.

Pernyataan berwawasan ke depan mengandung berbagai risiko dan ketidakpastian yang diketahui maupun tidak diketahui, yang sebagian besar mungkin berada di luar kendali Perusahaan, yang dapat menyebabkan ekspektasi tidak tercapai atau dapat berdampak secara signifikan dan merugikan terhadap bisnis, kondisi keuangan, hasil operasi, atau arus kas Perusahaan. Meskipun pernyataan berwawasan ke depan didasarkan pada asumsi yang dianggap wajar oleh manajemen, kami mengingatkan bahwa informasi berwawasan ke depan yang disajikan dalam komunikasi ini bukan merupakan jaminan atas peristiwa atau hasil di masa mendatang, dan bahwa peristiwa atau hasil aktual dapat berbeda secara signifikan dari hal-hal yang dinyatakan secara tersurat maupun tersirat oleh informasi berwawasan ke depan yang dimuat dalam komunikasi ini.

Untuk informasi tambahan mengenai faktor-faktor yang dapat memengaruhi Perusahaan, silakan lihat laporan tahunan terbaru Perusahaan dan laporan keuangan lainnya, termasuk informasi yang tercantum dalam bagian berjudul "Risk Factors" (Faktor Risiko). Setiap pernyataan berwawasan ke depan hanya mencerminkan pandangan Perusahaan pada tanggal komunikasi ini dan tidak boleh dianggap sebagai menggambarkan pandangan Perusahaan pada tanggal setelahnya dan Perusahaan tidak berkewajiban untuk memperbarui pernyataan berwawasan ke depan apa pun, kecuali sebagaimana diwajibkan oleh hukum.

Route du Rhum-Destination Guadeloupe, first major solo test for Boris Herrmann and Malizia 4

Thu, 05 Nov 2026 17:39:00 +0700

MONACO, Nov. 04, 2026 (GLOBE NEWSWIRE) -- At 13:02, in bright sun and a light 8-knot breeze, Yacht Club de Monaco member Boris Herrmann set off from Saint-Malo on Malizia 4 at the start of the 3,452-nautical-mile Route du Rhum-Destination Guadeloupe to Pointe-a-Pitre.

For his third entry in this legendary transatlantic race, held every four years since 1978, it is a new challenge for the German skipper as it is the first solo race aboard Malizia 4 that was only launched in July. Among the 115 competitors, including 22 in the IMOCA fleet, he was lying in fifth place in his class as they left Saint-Malo behind them.

First big solo test for Boris Herrmann and Malizia 4

After two years of design and build, Malizia 4 was launched in Lorient in July 2026. Since then the new IMOCA has crossed the Atlantic twice in its first fully crewed race, The Ocean Race Atlantic in September from New York to Lorient when Boris and his crew finished 4th, just five minutes off the podium. The Route du Rhum is the first major solo test, a discipline he particularly enjoys: "Racing solo helps me build a connection with the boat. When you're alone, you can listen more closely to it and really feel every wave and every gust," he explained before the start.

"I feel really good and have great faith in both the boat and the team. Everyone has done an amazing job, and I am very grateful to the team and our partners for their commitment. From design through to construction, Malizia 4 already seems very reliable. I look forward to discovering everything we can achieve with it".

For YCM Vice-President Pierre Casiraghi, co-founder of Team Malizia, this first transatlantic solo challenge is a chance to better gauge the boat's potential: "The Route du Rhum will allow us to see how Malizia 4 performs over a long period with only one sailor on board. The boat was designed to be more versatile than its predecessor, particularly when sailing upwind or in lighter winds, while still maintaining excellent foiling capabilities when conditions get tough".

A very competitive IMOCA fleet

With 22 boats competing in the IMOCA class, the race promises to be highly competitive. Boris Herrmann will be up against a strong field including Maxime Sorel (Vaincre la Mucoviscidose), Francesca Clapcich (11th Hour Racing) and J?r?mie Beyou (Charal). Meanwhile, Violette Dorange, skipper of Initiatives-C?ur, damaged her starboard foil following a collision with Romain Pilliard's trimaran Use It Again off the island of Br?hat. Both skippers were forced to divert from their course.

The German skipper has a clear objective but is aware he still needs to get to grips with his new boat. "My official goal is to finish in the top six. Some competitors have been preparing for this race for two years and know their IMOCAs inside out. For us, we still need to learn how to get the best out of this new boat. A new boat generally takes one to two years to reach its full potential. We'll see if we can surprise everyone".

Weather key to strategy

This edition looks set to be very tactical as a low pressure system in the central Atlantic is disrupting the usual trade wind patterns, potentially leading contestants to opt for a more northerly route before heading down to the Antilles. "At the moment, there is no obvious route south. Conditions are unusual and might favour a more northerly route to seek out low pressure systems and passing weather fronts," says Boris Herrmann.

The first IMOCA boats are expected to arrive in Guadeloupe in 10 to 12 days. Interpreting the weather, managing the boat, and maintaining a consistent pace will be the decisive factors all the way to Pointe-a-Pitre.

Setting a course for 2027 and the Vendee Globe

This Route du Rhum is another milestone in Team Malizia's preparation. After the transatlantic crossing, Malizia 4 heads to Alicante, where the team regroups for The Ocean Race 2027, before continuing their preparations for the 2028?2029 Vend?e Globe. With this programme, Boris Herrmann continues his commitment to offshore racing through a project that combines sporting achievement, innovation, scientific research and raising awareness on climate issues. Today, the priority is to cross the Atlantic and reach Pointe-a-Pitre.

FIT House of Brands Launches Limited-Time Incentive for US Multi-Unit Franchise Partners as Global Growth Accelerates

Thu, 05 Nov 2026 17:33:00 +0700

F45 Training and FS8 invites entrepreneurs to commit before year-end, following strong Q3 studio openings and F45's launch in Colombia, its 58th country

Austin, TX, Nov. 04, 2026 (GLOBE NEWSWIRE) -- FIT House of Brands, the parent company of F45 Training, FS8, and VAURA Pilates, today announced 25 new studio openings across 7 countries in the third quarter of 2026, alongside F45 Training's official launch in Colombia, the brand's 58th country.

The momentum sets the stage for an aggressive US and global growth push in 2027, as the company invites new and existing franchise partners to grow with two of fitness's most recognized boutique brands.

FIT House Q3 highlights:

25 new studios opened globally, bringing the network to nearly 1,500 studios in 58 countries

16 new FS8 studios, including FS8 South McKinney in Texas, opened in July by first-time franchise owners, and more US openings in New York City and Malibu

Key F45 openings in California, North Carolina, and Texas

VAURA Pilates reached 10 studios worldwide with its first studio in Indonesia, in Jakarta's Menteng district, with four more US locations on the way in San Mateo, CA; Boston, MA; Tampa, FL; and Prosper, TX

FIT House gives franchise partners something few fitness franchisors can: two distinct, proven boutique formats under one roof. F45 Training delivers 45-minute functional group training, while FS8 combines Pilates, strength, and yoga in one studio experience. Franchise owners can open two of the same brand or pair one of each, serving different members within the same market that each have unique personal fitness goals.

"This is the time to be an entrepreneur in fitness. Q3 proves that demand for F45 Training and FS8 is global and growing, and our partners in Colombia are seizing that momentum and moving fast," said Tom Dowd, CEO, FIT House of Brands. "In the US, there is still enormous white space for both F45 Training and FS8. When paired with our business model and modalities, a multi-unit portfolio amplifies that growth opportunity, both for the operator and the communities they serve."

This fall, F45 Training opened its first Colombian studio in Bogot?'s La Cabrera neighborhood. The franchise group, led by local partner Johan Cediel, plans to open additional studios across Bogot?, before expanding to Medell?n, Barranquilla, and other additional markets.

"Opening in Bogot? is the first step in our long-term strategy, which is why we're planning more locations in the city before moving into other markets. We want to grow F45 Training in Colombia by building a community around training, technology and an experience that helps people reach their goals," said Johan Cediel, General Manager, F45 Training Colombia.

To support operators ready to scale, FIT House is offering a limited-time incentive for prospective franchise partners who sign for two studios before December 31, 2026. The offer applies to two F45 Training studios, two FS8 studios, or one of each, and significantly reduces upfront investment. Interested candidates can inquire at functionalinspiredtraining.com.

About FIT House of Brands

FIT (Functional Inspired Training) House of Brands is a global fitness franchise company with a network of nearly 1,500 studios across 58 countries. FIT provides franchisees with established business models, operational support, and structured training programs across its house of brands:

F45 Training: A global leader in functional fitness, offering 45-minute team-based workouts that combine strength, cardio, and scientifically backed programming to build strength, improve endurance, and enhance longevity.

FS8: FS8 fuses Pilates, Tone, and Yoga into a seamless, low-impact workout. Built on eight science-backed elements, FS8 is designed to enhance strength, flexibility, and mental well-being. The experience is dynamic yet restorative, offering a fresh take on fitness in an inclusive, community-driven environment.

VAURA Pilates: A sensory-driven reformer Pilates experience that blends precision and athletic training in an immersive environment. With neon lights, mirrored ceilings, and upbeat music, VAURA energizes both body and mind, creating a workout that feels as powerful as it is effective.

Recovery: A suite of solutions, including cold plunge, infrared sauna, and percussion therapy, designed to optimize recovery and performance.

FIT is committed to building a sustainable and scalable global franchise network that empowers people to move better, feel stronger, and live longer. For more information, visit www.functionalinspiredtraining.com or follow us on LinkedIn (@FunctionalInspiredTraining) and YouTube (@FunctionalInspiredTraining).

DISCLAIMER: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Certain countries and states require that an offer of a franchise can be made only through the delivery of a Franchise Disclosure Document ("FDD"). If you are a resident of one of those countries states, are receiving this message in one of those countries or states or intend to operate a franchise in one of those countries or states, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and we have complied with disclosure requirements in the applicable jurisdiction.

Denodo Named a Leader in the 2026 Gartner Magic Quadrant for Data Integration Tools for Seven Consecutive Years

Thu, 05 Nov 2026 07:46:00 +0700

Denodo believes this recognition is due to the strength of its agentic AI support and the loyalty of its diverse customer base

PALO ALTO, Calif., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Denodo, the AI data layer company, today announced that Gartner has positioned the Company as a Leader, for the seventh consecutive year, in its Magic Quadrant for Data Integration Tools.

"Data integration tools remain a foundational data architecture component for supporting operational, analytical, and AI use cases," states Gartner. "This research analyzes 19 vendors to help data and analytics leaders make informed technology decisions."

The complete and complementary Magic Quadrant report, published on November 2, 2026 and authored by Thornton Craig et al., is available here.

"By 2028, 60% of data integration tasks will be completed autonomously, freeing up 20% of data engineers' time," says Gartner in the 2026 Magic Quadrant report.

Since the publication of last year's Gartner Magic Quadrant for Data Integration Tools report, the award winning Denodo Platform has made significant enhancements in data integration automation. In March, Denodo released Denodo Platform 9.4, enabling AI systems, applications, and users to reliably access live data, understand business context, and operate with strong performance within clear governance boundaries, and in July, Denodo released Denodo Platform 9.5, providing active context for trustworthy agentic AI.

"The goals of data integration are now driven by the needs of agentic AI, which is for AI-ready data that is immediately integrated, governed, and supported by active context. The Denodo Platform, by establishing the critical AI data layer, provides the most flexible, direct foundation for trustworthy, AI-ready data, in support of advanced automation," said Ravi Shankar, senior vice president and chief marketing officer at Denodo. "We are extremely proud that Gartner has once again recognized Denodo as a Leader in the Magic Quadrant for Data Integration Tools, as Gartner has done for the previous six years. This strengthens our conviction that an overarching, cross-platform AI data layer, with active context, provides the most effective foundation for tackling complex challenges with autonomous AI."

On the Gartner Peer Insights platform, the Denodo Platform currently has a 4.6 average rating out of a possible 5, from a total of 337 ratings as of November 2026. In the words of Denodo customers:

"Productivity Doubles and Delivery Times Improve with Enhanced Semantic Layer Features: Increased developer productivity by more than twice over conventional ETL coding. Improved delivery times to the business. Perfect semantic layer insulating the business from the ever-changing data landscape. Virtual views reduce cloud footprint, resulting in cost savings." - IT Manager, Insurance

"Denodo Enhances Enterprise Data Integration with Robust Security and Easy API Creation as well as Data Governance: Denodo is a strong and mature data virtualization platform that significantly enhances our enterprise data ecosystem. It allows multiple data sources, structured as well as unstructured, in a single place. In Denodo we can easily apply row-level or column-level security within seconds. In Denodo data analysts can easily access Denodo views to play with data, and it's easy for them to understand the data flow with the help of tree structures and data lineage. We can easily create APIs in Denodo, with data security, so APIs can be consumed by other applications. Denodo has advanced level cost-based optimization features for performance, to automatically pick the best plan. We can create rules to handle APIs and other traffic. It provides a diagnostic and monitoring tool for real-time data monitoring. The data catalog is a very useful feature for business users, so they can directly research data, and it also helps data analysts. It has multiple features like data integration, API creation, data security, data governance, and performance optimization." - IT Professional, Manufacturing

Gartner, Magic Quadrant for Data Integration Tools, Thornton Craig, Robert Thanaraj, Sharat Menon, Jenna Goodrich, Nina Showell, 2 November 2026.

Gartner, Gartner Peer Insights 'Voice of the Customer': Data Integration Tools, 30 June 2026

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Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates.

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner's business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

Cyberport Venture & Capital Forum 2026 Grand Opening

Thu, 05 Nov 2026 07:39:00 +0700

Source: Cyberport

*Cyberport Community Cumulative Funding Surpasses HK$74.5 Billion, Welcoming 19 Listed Companies and 2 Unicorns over the Past Year

*Cyberport Investors Network (CIN) Celebrates 9th Anniversary, Facilitating Over HK$6 Billion in Cumulative Funding

*Cyberport Signs MoUs with Gobi Partners and Thailand's National Innovation Agency to Unlock Global Growth Corridors

HONG KONG SAR - Media OutReach Newswire - 4 November 2026 - The annual flagship event Cyberport Venture & Capital Forum 2026 (CVCF) officially opened today at Hong Kong Cyberport.

The two-day forum, themed "Scaling in a Changing World: Winning the Next Competitive Cycle", brings together over 80 influential global venture capitalists, entrepreneurs and industry leaders to explore new frontiers in global venture trends, capital rerouting, Enterprise and Agentic AI, One-Person Companies (OPCs), digital assets, frontier technologies, and tokenisation economy, aiming to spotlight Hong Kong's unique position as a strategic gateway connecting the Chinese Mainland, ASEAN, the Middle East, Central Asia and global innovation and funding networks. The forum also showcases the latest fundraising achievements of Cyberport start-ups.

The forum was inaugurated by Lillian Cheong, Acting Secretary for Innovation, Technology and Industry and Simon Chan, Chairman of Cyberport, and other distinguished guests at the opening ceremony, marking the official start of this global forum.

Lillian Cheong, Acting Secretary for Innovation, Technology and Industry, said "Turning AI potential into sustainable growth requires more than technology. It also requires investment, business expertise and access to markets. This is where today's forum can make a difference - bringing innovators and investors together to explore emerging technologies, support promising ventures and open doors to new opportunities. The HKSAR Government will continue to strengthen the support that helps promising ventures grow as well its investment to mobilise more private capital, consolidating Hong Kong's position as an international innovation and technology centre, and as a premier hub for AI."

Simon Chan, Chairman of Cyberport, said: "In a shifting global capital landscape, Hong Kong's role as a 'super-connector' and 'super value-adder' between the Chinese Mainland and the world is more valuable than ever. The cross-border dialogue and partnerships forged here will create fresh opportunities for innovation, investment and collaboration."

Cyberport Start-ups Show Robust Fundraising as AI and the Agentic Economy Take Centre Stage

Cyberport's start-ups have demonstrated robust fundraising performance over the past year. Cyberport gathers over 2,400 companies, Cyberport start-ups have raised over HK$74.5 billion in funding. During the year, Cyberport proudly welcomed 19 listed companies and 2 unicorns to its community. Recent high-value fundraising rounds include Finloop, Qupital and Premialab, leverage AI, blockchain and digital assets - reflecting sustained market confidence in these emerging technologies and underscoring Cyberport's success in fostering their development.

CIN Celebrates 9th Anniversary, Connecting Global Capital with High-Potential Start-ups

As Hong Kong's digital tech hub, AI accelerator and key incubator, Cyberport actively connects global investors with start-ups through diverse funding channels.

The CIN 9th Anniversary Celebration commemorated a successful nine-year milestone while ushering in a new chapter of leadership, as the chairmanship passed from Hendrick Sin to John Ng. To honour this pivotal handover, Hendrick Sin, Hon. Duncan Chiu, and Cindy Chow were officially designated as Honorary Chairs of CIN in recognition of their distinguished contributions to the ecosystem.

Hendrick Sin, Honorary Chair of CIN; Co-Founder of CMGE Technology Group Limited; Chairman of China Prosperity Capital, stated in his video speech, "CIN has facilitated over HK$6 billion in investments across more than 130 projects since its inception, reflecting strong investor confidence in Cyberport companies.

Looking ahead, we will strengthen the quality and depth of our deal flow, enhance structured capital partnerships to broaden access to funding at different growth stages, and deepen our relationships with CVCs, PE firms, family offices and LPs, further diversifying CIN's investor network. Through these efforts, CIN will continue to connect promising companies with the right capital, expertise and networks needed to scale and succeed.

John Ng, Chairman of CIN, added in his speech, "I'm honoured to be appointed Chairman of CIN. The network has grown to nearly 250 investment firms, an achievement that reflects the tremendous efforts of Hendrick and the CIN team over the past years. Drawing on my background in corporate venture capital and family offices, one of my priorities will be to expand CIN's network within these communities and take CIN into its next chapter."

Another key financing channel, CMF, has invested in 30 start-up projects as of September 2026, with total investment including co-investments exceeding HK$2.7 billion and a co-investment ratio of over 1:9.3. Further augmenting ecosystem liquidity, Cyberport, BOCHK Asset Management and BOC Group Investment formed a strategic partnership in May 2026, as well as with Taiping Financial Holdings in Aug 2026 on venture capital funds to back promising Hong Kong I&T start-ups.

Strategic Partnerships to Unlock Global Growth Corridors

At the Forum, Cyberport signed two Memorandums of Understanding (MoUs), with Gobi Partners and with Thailand's National Innovation Agency (NIA), to solidify global corridors for cross-border expansion.

Cyberport and Gobi Partners signed a Memorandum of Understanding (MoU) to deepen collaboration in nurturing innovation and technology enterprises, facilitating market expansion and investment opportunities, and strengthening the innovation ecosystems of Hong Kong, Asia and the Middle East.

Building on a longstanding partnership, Gobi has invested in more than 24 Cyberport companies, including CMF co-investments. Witnessed by Lillian Cheong, Acting Secretary for Innovation, Technology and Industry, Simon Chan, Chairman of Cyberport, and Chibo Tang, Managing Partner, GBA Team of Gobi Partners, the MoU was signed by Dr Rocky Cheng, CEO of Cyberport, and Fred Li, Managing Director, GBA Team of Gobi Partners.

Meanwhile, Cyberport and Thailand's National Innovation Agency (NIA) signed an MoU to promote cross-border innovation collaboration, startup development and knowledge exchange in AI, smart city and other digital technologies. It will cover soft-landing and market expansion, business matching, innovation programmes and community engagement, joint events, and proof-of-concept and pilot opportunities. The MoU was witnessed by Lillian Cheong, Acting Secretary for Innovation, Technology and Industry, Simon Chan, Chairman of Cyberport, and Preechaya Panyakrua, Innovation Counsellor of NIA, and signed by Dr Rocky Cheng, CEO of Cyberport, and Dr Krithpaka Boonfueng, Executive Director of NIA.

Decoding the New Playbook for Scaling in the Age of AI

This year's CVCF programme is organised around three umbrella themes: Mega Trends & AI Frontiers, Regional Market Focus & Global Corridors, and Market Focus & Strategic Capital Dynamics.

Opening the main stage, Mahesh Krishnaswamy, Founder and CEO of Taara, delivered the keynote "The Innovation Playbook: Capitalizing on Moonshots and Faster Cycles in the Age of AI", sharing how Taara evolved from a radical moonshot into a real-world high-speed optical communications solution - a timely lens on compressed innovation cycles and how breakthrough technology scales.

The forum also brought together venture capital leaders from Gobi Partners, Alumni Ventures, Rasmal Ventures, Primavera Capital, Draper Dragon, Pegasus Tech Ventures, Plug & Play and more to examine AI-driven capital shifts, high-growth corridors across the Middle East, ASEAN and the Greater Bay Area, and how public-private and corporate strategic capital can accelerate tech scale-ups.

Beyond the thought leadership sessions, the event further reinforced Cyberport's role in connecting capital, innovation and global market opportunities. It also provided a dynamic platform for business matching and startup empowerment. This year's Founder Pitch attracted strong interest from local and international venture capital firms, enabling startups from early-stage innovators to high-growth scale-ups to present their cutting-edge solutions to investors and ecosystem partners.

Throughout the first day, the event floor featured tailored Investor Matching sessions, dynamic Innovator Showcases featuring elite, high-potential startups across key tech sectors from local and global partner networks, and dedicated Startup Clinics offering practical strategic guidance. Coupled with engaging networking exchanges, Day one concluded on a positive note, reinforcing Cyberport's ongoing role in connecting capital, innovation, and global market opportunities.

Day two will feature the CVCF's spotlight event "Agentic Economy Summit", themed "Intelligent Frontiers, Tokenised Horizons", featuring a keynote address by Joseph Chan, Under Secretary for Financial Services and the Treasury, and will explore how agentic AI is reshaping business and how digital assets are redefining the way value moves. The summit will examine digital identity, institutional tokenisation, HKD stablecoins, programmable payments and machine-to-machine commerce, alongside the rise of OPCs. Day two also features hands-on startup workshops designed to equip founders with practical playbooks for pitch mastery and market scaling.

For more information on Cyberport Venture & Capital Forum 2026 and the speaker line-up, please visit http://cvcf.cyberport.hk/.

About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong's digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,400 companies, including 30 listed companies and 10 unicorns. 40% of onsite companies' founders come from 28 countries and regions, while Cyberport companies have expanded to over 36 global markets.

Cyberport, with Hong Kong's largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 500 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong's largest FinTech community.

Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.

Also as "State-level Scientific and Technological Enterprise Incubator" and Hong Kong's key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Chinese Mainland and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.

For more information, please visit https://www.cyberport.hk/en.

The issuer is solely responsible for the content of this announcement.

Hashtags: #Cyberport

"Study in Beijing" Education Exhibition 2026 Held in Greece and Cyprus

Thu, 05 Nov 2026 07:35:00 +0700

A Scene of the exhibition

Source: Beijing International Education Exchange Center

ATHENS, GREECE - Media OutReach Newswire - 4 November 2026 - Recently, the "Study in Beijing" Education Exhibition 2026, hosted by the Beijing Municipal Education Commission and organized by the Beijing International Education Exchange Center and other institutions, was held successively at the Athens University of Economics and Business in Greece and the University of Cyprus.

A delegation of 11 Beijing universities, including Renmin University of China, Beijing Normal University, and Beihang University, participated in the exhibition, showcasing Beijing's higher education resources and achievements in international education to local faculty, students, parents, and education professionals.

This year marks the 20th anniversary of the establishment of the China-Greece comprehensive strategic partnership. At the opening ceremony of the Greek stop of the "Study in Beijing" Education Exhibition, Fang Qiu, Chinese Ambassador to Greece, delivered a welcome speech to the Beijing education delegation.

Li Yi, Director of the Beijing Municipal Education Commission, introduced the strengths and cutting-edge programs of Beijing universities and invited young people from Greece and other parts of Europe to study in Beijing. Nancy Pouloudi, Vice Rector of the Athens University of Economics and Business, delivered a speech, and Alexandros Papalexandris, Greek Director of the Business Confucius Institute at the Athens University of Economics and Business, shared practices in China-Greece language and cultural exchange.

The year 2026 marks the 55th anniversary of the establishment of diplomatic relations between China and Cyprus, and the 5th anniversary of the establishment of the China-Cyprus strategic partnership. In recent years, educational cooperation between the two countries has continued to advance, with steady progress in key areas such as higher education exchanges, mutual recognition of academic degrees, and Chinese language teaching.

Yang Yundong, Chinese Ambassador to Cyprus; a senior representative of the Cyprus Ministry of Education, Sport and Youth; and Professor Tasos Christofides, Rector of the University of Cyprus, attended the education exhibition and delivered speeches. George Solomonides, a representative of Cypriot students studying in China, shared his experiences and reflections from studying in Beijing.

Beijing is home to nearly 100 universities and research institutions that can enroll international students, and continues to offer diversified educational programs, scholarship support, and internship and entrepreneurship services centered on the themes of "Understanding Beijing, Studying in Beijing, Integrating into Beijing, and Staying in Beijing."

At the exhibition, participating universities set up booths according to their disciplinary strengths, covering fields such as aerospace, rail transit, energy and power, teacher education, international Chinese language, mathematics and humanities, food and business, tourism management, special education, and Olympic education. Local students and parents inquired about admission policies, program offerings, scholarship applications, and student life.

During the event, ceremonies were also held in the two locations for the designation of student-source base schools and the signing of sister-school agreements, promoting the establishment of regular mechanisms between the two sides in areas such as student recruitment, inter-school collaboration, teacher education, and youth exchanges.

Currently, Beijing hosts 65,800 international students from 183 countries and regions, and ranks 12th globally in the QS Best Student Cities 2027 ranking.

The issuer is solely responsible for the content of this announcement.

HP Inc. Appoints Emma Walmsley as Chief Executive Officer

Thu, 05 Nov 2026 07:28:00 +0700

Bruce Broussard to Succeed Chip Bergh as Chair of the Board

PALO ALTO, Calif., Nov. 04, 2026 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced that its Board of Directors has unanimously appointed Emma Walmsley as Chief Executive Officer, effective January 4, 2027. Ms. Walmsley most recently served as Chief Executive Officer of GSK and has been a member of Microsoft's Board of Directors for seven years.

She will succeed Bruce Broussard, who has served as Interim Chief Executive Officer since February 2026. Broussard will become Chair of the Board effective January 4, 2027, succeeding Chip Bergh.

"HP has tremendous potential at an important inflection point in technology, and we need a leader who can build on our innovation heritage and strengths to boldly shape the company's future. Emma is a proven CEO with a track record of leading organizations at scale and guiding them through significant change. She has the experience and skills to bring HP's businesses, capabilities and people together to capture the opportunities ahead as AI moves to the edge, transforming how we work and live in a more connected world. I look forward to supporting her as she leads HP into its next phase of growth," said Bruce Broussard, Interim Chief Executive Officer.

"HP is an iconic company with a defining role in shaping the future of work on a global scale. I'm excited to join the team and, together, move forward with clarity and conviction. We will focus on harnessing the power of the AI era and putting HP's creativity and innovation to work to unlock new sources of growth and deliver lasting value for our customers, shareholders, partners and people," said Emma Walmsley.

"Today's appointment follows a comprehensive global search focused on what HP needs to win in its next chapter. Throughout the process, Emma stood out for the strength of her leadership experience across multiple industries, the clarity of her strategic thinking and her ability to translate customer insights into new growth. She has a people-first leadership approach that aligns and inspires high-performing teams around clear priorities, strong execution and lasting value creation," said Chip Bergh, Chair of the Board.

"I also want to thank Bruce for his strong leadership, which has enabled the Board to conduct an intentional and rigorous search leading to today's successful outcome. It's a privilege to hand the role of Chair to him, knowing he will provide important continuity and valuable guidance to Emma and the Board during the transition and in the years ahead," said Bergh.

Ms. Walmsley is the former Chief Executive Officer of GSK, where she served from April 2017 through December 2025. During her nearly nine years as CEO, she led a significant transformation of the global biopharmaceutical company and delivered a step-change in its operating performance. She sharpened the company's strategic focus on specialty medicines and vaccines, reinvigorated its R&D pipeline and strengthened the balance sheet following the successful separation of its consumer healthcare business, while enhancing GSK's leadership bench and succession pipeline. Ms. Walmsley joined GSK in 2010 and became CEO of GSK Consumer Healthcare in 2015 before being appointed Group CEO. Earlier, she spent 17 years at L'Or?al building and leading major global consumer businesses.

Bergh has served as Chair of HP's Board since 2017 and as a director since 2015 and will continue as Chair until Broussard assumes the role on January 4, 2027.

"Chip has provided strong leadership as Chair for the past nine years, helping guide HP through significant change while maintaining a sharp focus on governance, capital allocation and value creation," said Broussard. "I have appreciated his partnership while serving as Interim CEO."

About HP Inc.

HP Inc. (NYSE: HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com.

Forward-Looking Statements

This press release contains forward-looking statements that are based on current expectations and assumptions, including, but not limited to, the statements regarding HP's executive succession plans and Board Chair transition.

These forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and actual results may differ materially from any future results expressed or implied by the forward-looking statements, including our ability to transition to a new CEO and the other factors described in the Annual Report on Form 10-K for the fiscal year ended October 31, 2025, and HP's other filings with the Securities and Exchange Commission.

The forward-looking statements in this press release are made as of the date of this document and HP assumes no obligation and does not intend to update these forward-looking statements.

Univar Solutions Expands Plant-based Ingredient Portfolio Through Strategic Collaboration with Roquette in North America

Thu, 05 Nov 2026 07:23:00 +0700

New collaboration enhances customer access to plant proteins, fibers, and cellulosics, driving innovation in health and nutrition markets

DOWNERS GROVE, Ill., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Univar Solutions LLC ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty and essential ingredients, announced a new distribution relationship between its Foodology by Univar Solutions business and Roquette, a global leader in plant-based ingredients.

The agreement includes an expanded cellulosics portfolio as well as NUTRALYS plant proteins and NUTRIOSE soluble fibers, strengthening Foodology by Univar Solutions' plant-based offerings for customers in the United States and Canada.

"Together with Roquette, a global pioneer in plant-based ingredients, we're delivering on our promise of bringing innovative, sustainable solutions to our customers," said Aaron Lee, senior vice president of Health & Nutrition for Univar Solutions. "By expanding our collaboration beyond cellulosics to include plant proteins and fibers in North America, we're aligning Roquette's leadership in food innovation with our unmatched supply chain and market intelligence to help shape the future of nutrition. Through this collaboration, we're putting Feeding Healthy Tomorrows into action, one project at a time."

NUTRALYS pea protein is a line of versatile plant-based protein ingredients derived from non-GMO yellow peas using Roquette's patented water-based process. NUTRIOSE soluble fiber, sourced from non-GMO wheat or corn, delivers a neutral taste that preserves original flavor, along with clinically proven digestive tolerance and exceptional process stability. The cellulosics portfolio includes METHOCEL, WELLENCE, ETHOCEL, TABULOSE, and MICROCEL, enabling customers to deliver texture, stability, processing performance, and consumer experiences across a wide range of food applications. With over 90 years of expertise, Roquette stands at the forefront of food and nutrition innovation, pioneering healthier, more sustainable, plant-based food solutions.

"We are pleased to expand our collaboration with Univar Solutions beyond cellulosics to include plant proteins and fibers," said Gaetan Fauvarque, Head of Global Distribution Management for Roquette's Nutrition and Bio-industry Business Unit. "This expanded relationship will make more of our products available to customers in North America. Together, we can build on our respective strengths to bring innovative plant-based solutions to more customers and better respond to evolving needs across the food and nutrition industry."

The portfolio will support a range of food and beverage applications including protein beverages, fortified snacks, plant-based diets, baked goods, and meat alternatives - aligning with key market trends such as protein fortification, plant-based diets, weight management therapeutics, and increased fiber intake. With a strong focus on nutraceuticals and sports nutrition, the portfolio's novel ingredients also help consumers adopt and maintain healthier lifestyles.

Learn how Foodology by Univar Solutions helps brands stay ahead of evolving consumer preferences by delivering high-quality ingredients and innovative recipes.

About Univar Solutions

Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With one of the industry's largest private transportation fleets and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean, and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

About Roquette

Roquette is a global leader in sustainable plant-based solutions and driving innovations that are shaping the future of nutrition, health, and the bioindustry. The company harnesses natural resources such as wheat, corn, seaweed, and cellulose to craft high-performance ingredients used in everyday foods, oral medications, advanced biopharmaceuticals, and a range of bio-based products. A family-owned company with over 90 years of expertise and 11,000 employees, Roquette serves clients in over 150 countries and is committed to creating lasting value for customers, patients, consumers, and society. Together, we turn the potential of nature into the essentials of life. Discover more about Roquette here.

Forward-Looking Statements and Information

This communication contains "forward-looking statements" under applicable law regarding financial and operating items relating to the Company's business. Forward-looking statements generally can be identified by words such as "believes," "expects," "may," "will," "should," "could," "seeks," "intends," "plans," "estimates," "anticipates" or other comparable terms. All forward-looking statements made in this communication are qualified by this cautionary language.

Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control, that could result in expectations not being realized or could otherwise materially and adversely affect the Company's business, financial condition, results of operations or cash flows.

Although the forward-looking statements are based on what management believes to be reasonable assumptions, we caution you that the forward-looking information presented in this communication is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this communication.

For additional information regarding factors that could affect the Company, please see the Company's most recent annual report and other financial reports, including the information set forth under the caption "Risk Factors." Any forward-looking statements represent the Company's views only as of the date of this communication and should not be relied upon as representing the Company's views as of any subsequent date, and the Company undertakes no obligation, other than as may be required by law, to update any forward-looking statement.

28-Year Caterer Lavish Dine Keeps Nyonya Traditions Relevant Amid Singapore's Heritage Push

Thu, 05 Nov 2026 07:17:00 +0700

Source: Lavish Dine Catering Pte Ltd

As Singapore steps up heritage preservation, 28-year Halal-certified caterer Lavish Dine puts Peranakan cuisine centre stage with its SG61 Island Collection, bringing Tok Panjang and hawker-rooted flavours to weddings, corporate events and community celebrations to keep culinary traditions alive.

SINGAPORE - Media OutReach Newswire - 4 November 2026 - Singapore's inaugural SG Heritage Business Scheme has renewed attention on the survival of long-running local trades. Against this preservation push, Lavish Dine Catering shows how catering can keep labour-intensive Nyonya cooking commercially active by serving it at scale across contemporary celebrations.

Keeping Nyonya Craft Alive

Between 2015 and 2025, Singapore's F&B sector grew 42% amid openings and closures, intensifying pressure on labour-intensive cuisines. Amid this churn, Lavish Dine scales Peranakan cooking for events, retaining hand-ground rempah and slow-cooking techniques across its catering, while the SG61 Island Collection extends that approach to preserve local food heritage through a catering experience.

Taking Peranakan Heritage Beyond the Restaurant

Singapore's F&B churn has also pushed heritage preservation higher on the agenda. In February 2026, the Ministry of Trade and Industry reaffirmed efforts to preserve local heritage in F&B, including support for established operators and curated food experiences. For Lavish, that preservation happens through continued use, keeping Peranakan cooking on event menus and in front of new audiences.

"Peranakan cuisine holds a special place in our hearts because its recipes carry so much history and meaning. For nearly three decades, we have had the privilege of bringing these flavours to events across Singapore. To us, the best way to honour this heritage is to keep sharing it. Every catered occasion is a chance to introduce these dishes and the stories behind them to new generations and communities, so they can continue to live on," said Richie Ling, Director, Lavish Dine Catering.

Lavish's SG61 Island Collection exemplified this, tracing Singapore's culinary story from Tok Panjang traditions to hawker classics. Its Peranakan catering menus remain available for events across Singapore.

About Lavish Dine Catering Pte Ltd:

Established in 1998, Lavish Dine Catering Pte Ltd provides premium catering for corporate events, weddings, private celebrations and other occasions in Singapore. Its work combines bespoke menus, themed presentation and interactive dining experiences. Guided by its "Redefining Catering" philosophy, Lavish explores culinary innovation and sustainable practices.

For more information, please visit: https://www.lavish.com.sg/

The issuer is solely responsible for the content of this announcement.

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Boehringer Ingelheim and SBP Group enter partnership to advance next-generation cancer therapies

Thu, 05 Nov 2026 07:12:00 +0700

*Partnership provides opportunities to further expand Boehringer Ingelheim's portfolio of antibody-drug conjugates (ADCs) and T-cell engagers (TcEs)

*Agreement reinforces Boehringer Ingelheim's long-term commitment to China's innovation ecosystem and validates SBP Group's innovative R&D capabilities

*SBP Group to receive US$358 million in upfront and near-term payments and is eligible for potential option-exercise, development, regulatory and commercial milestone payments of US$7 billion, plus up to double-digit royalties on future product sales

Ingelheim, Germany, and Hong Kong/China, 4 November 2026 - Boehringer Ingelheim, headquartered in Germany, and Sino Biopharmaceutical Limited (01177.HK; together with its subsidiaries, "SBP Group") today announced a strategic multi-program option and license agreement to advance potential next-generation cancer treatments based on antibody-drug conjugate (ADC) and T-cell engager (TcE) technologies. Deepening the companies' existing partnership in oncology, the new agreement combines SBP Group's innovative platforms and early-development capabilities with Boehringer Ingelheim's global oncology expertise to advance new treatment approaches for patients worldwide.

Cancer remains one of the world's greatest health challenges, with approximately 20.6 million new cases and close to 10 million deaths annually. ADCs are designed to deliver potent therapeutic agents more selectively to cancer cells, while T-cell engagers are designed to activate and direct immune cells to eradicate cancer cells, offering complementary approaches to treating cancer.

"Our partnership with SBP Group brings together complementary science to broaden our development portfolio of antibody-drug conjugates and T-cell engagers. It puts our China strategy into action by connecting innovation from China with our global research and development capabilities," said Paola Casarosa, Member of the Board of Managing Directors and Head of the Innovation Unit at Boehringer Ingelheim. "Together, we aim to accelerate promising therapeutic approaches and create new treatment possibilities for people living with difficult-to-treat cancers worldwide."

Boehringer Ingelheim is building a broad and differentiated oncology portfolio spanning cancer cell-directed therapies and immuno-oncology. This relationship adds to this foundation and provides opportunities to further the ADC and T-cell engager portfolio through multiple programs and technology approaches. It underscores the company's strengthened commitment to the growing innovation ecosystem in China. Its recently opened China R&D Center in Shanghai expands early clinical development and external innovation capabilities, connecting innovation in China with its global R&D network.

"Our second partnership with Boehringer Ingelheim marks an important milestone in SBP Group's international innovation strategy and further validates our scientific capabilities in next-generation oncology. By combining our innovative platforms and early-development capabilities with Boehringer Ingelheim's global oncology expertise, we aim to maximize the potential of these programs and bring innovative treatment options to patients worldwide. We will continue to expand our global partner network and contribute high-quality innovation from China to global healthcare," said Theresa Tse, Chairwoman of SBP Group.

The collaboration covers six biologic pre-clinical programs. Five of these center on LaNova Medicines (Shanghai) Co., Ltd. ("LaNova Medicines"), a wholly owned SBP Group subsidiary. The remaining program comes from Beijing Tide Pharmaceutical Co., Ltd. ("Beijing Tide"), another SBP Group subsidiary.

Under the agreement, SBP Group will undertake early development. After agreed clinical milestones are reached, Boehringer Ingelheim may exercise options for exclusive development, manufacturing and commercialization rights: outside mainland China, Hong Kong and Macau for four programs, and worldwide for the remaining two programs.

SBP Group will receive upfront and near-term payments of US$358million and is eligible to receive potential option-exercise, development, regulatory and commercial milestone payments of US$7 billion as well as tiered royalties on potential future product sales.

Boehringer Ingelheim

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective, embedding sustainability along the entire value chain. Our approximately 54,300 employees serve over 130 markets to build a healthier and more sustainable tomorrow. Learn more at www.boehringer-ingelheim.com.

Sino Biopharmaceutical Limited

Sino Biopharmaceutical Limited (SBP GROUP, 01177.HK) is a leading innovation- and R&D-driven pharmaceutical group in China, with a history spanning more than three decades and a workforce of over 20,000. SBP GROUP operates a fully integrated value chain encompassing R&D, manufacturing and commercialization of innovative medicines across multiple modalities, and holds leading positions in four core therapeutic areas: oncology; hepatology and cardiometabolic diseases; respiratory and autoimmune diseases; and surgery and analgesia.

Guided by its philosophy of "Science for a Healthier World", SBP GROUP continues to advance its four strategic priorities of innovation, integration, digitalization and internationalization. It is committed to addressing unmet clinical needs, bringing safer, more effective and accessible treatments to patients worldwide, and creating shared value with its partners. Learn more at www.sbpgroup.com.

Intended Audiences Notice

This press release is issued from our Corporate Headquarters in Ingelheim, Germany and is intended to provide information about our global business. Please be aware that information relating to the approval status and labels of approved products may vary from country to country, and a country-specific press release on this topic may have been issued in the countries where we do business.

Arla Foods Ingredients dan wheyco akan mengikuti pameran dagang bersama di Fi Europe dengan mengusung tema 'Tumbuh Lebih Kuat Bersama'

Thu, 05 Nov 2026 07:08:00 +0700

FRANKFURT, Jerman, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Arla Foods Ingredients dan wheyco, unit bisnis whey DMK Group, akan mengikuti pameran dagang bersama untuk pertama kalinya sejak perusahaan induk keduanya melakukan merger.

Pada tanggal 1 Juni, Arla Foods dan DMK Group bergabung untuk membentuk koperasi produsen susu terbesar di Eropa. Pada ajang Fi Europe (17-19 November di Frankfurt), Arla Foods Ingredients, anak perusahaan Arla Foods, akan memperlihatkan bagaimana merger itu telah memperkuat bisnis bahan baku.

Stan DMK Group dan Arla Foods Ingredients akan berlokasi saling berhadapan. Keduanya mengusung pesan 'Growing Stronger Together (Tumbuh Lebih Kuat Bersama)', dengan wheyco, anak perusahaan DMK Group, turut hadir di stan Arla Foods Ingredients.

Anne Widart, Wakil Presiden Bidang Komersial Arla Foods Ingredients, mengatakan: "Salah satu dari sekian banyak manfaat merger ini adalah terbentuknya raksasa bisnis bahan baku. Merger ini telah membuka sinergi dan peluang baru sehingga kami dapat membangun sesuatu yang bahkan lebih baik untuk masa depan. Fi Europe merupakan ajang yang tepat untuk menunjukkan ambisi bersama kami."

Awal tahun ini, Arla Foods Ingredients memperkenalkan konsep 'Targeted GLP-1 Companion Nutrition' untuk pertama kalinya, yang menunjukkan bagaimana produk kaya nutrisi dapat memenuhi kebutuhan pengguna GLP-1. Di Fi Europe, Arla Foods Ingredients akan menampilkan berbagai aplikasi produk baru, termasuk yoghurt kental yang dikonsumsi dengan sendok, yoghurt minum, minuman fermentasi tinggi protein dalam porsi kecil, serta minuman berbasis air tinggi protein dalam porsi kecil.

Konsep 'Unlock Permeate' akan menunjukkan bagaimana Variolac? Arla Foods Ingredients dapat meningkatkan efisiensi biaya dan karakteristik sensoris dalam berbagai aplikasi produk susu, roti, dan kembang gula. Diproduksi melalui proses nanofiltrasi, bahan whey permeate ini memiliki cita rasa susu yang lembut, efisiensi biaya yang tinggi, serta kandungan kalsium, magnesium, dan kalium yang tinggi.

Pengunjung juga dapat mencicipi berbagai solusi nutrisi aktif terbaru, termasuk minuman protein kocok, minuman protein berbasis air, serta AirBar, yaitu protein bar susu yang melalui proses aerasi sehingga menghasilkan tekstur ringan dan menawarkan pengalaman sensoris baru dalam kategori protein bar.

Anne Widart menambahkan: "Konsep-konsep ini mencerminkan komitmen Arla Foods Ingredients terhadap inovasi, mulai dari nutrisi pendamping GLP-1 dan nutrisi aktif hingga peningkatan cita rasa dan efisiensi biaya dengan whey permeate. Merger ini semakin memperkuat keahlian dan kapabilitas kami, sehingga kami dapat memberikan nilai tambah yang lebih besar kepada pelanggan."

Sementara itu, DMK Industry akan menampilkan portofolio bahan isian berlemak, TOPPICS, FATTICS, dan BATTICS, serta produk Susu Kental Manis melalui empat konsep sajian yang menggugah selera, yaitu cupcake dengan topping bertekstur ringan hasil aerasi, kukis cokelat karamel, fudge cokelat espresso, dan Cafe Bombon.

Portier Hotels Introduces The Arc House: A New Design-Forward Boutique Lifestyle Collection

Thu, 05 Nov 2026 06:48:00 +0700

Portier Hotels' design-forward boutique lifestyle collection, The Arc House, makes its debut with The Arc House Canggu, now open in Bali. Credit: The Arc House

Source: Portier Hotels

A more considered way to stay in the heart of things, The Arc House Canggu opens as the brand's first address, with Hong Kong and Melbourne to follow soon

HONG KONG SAR - Media OutReach Newswire - 4 November 2026 - Portier Hotels today introduces The Arc House, a new collection of design-forward boutique lifestyle hotels for travellers who want to feel closer to the character of a destination. The brand makes its debut with The Arc House Canggu, now open in Bali, and will expand to Hong Kong later this year and Melbourne in early 2027.

The Arc House is created for travellers who seek a more considered way to stay in the heart of things. Set in city-centre and neighbourhood locations, each hotel brings together bold energy, sophisticated urban living, and local insight that makes discovery feel easy. Every address is shaped by its setting, while a sociable, human-first approach to hospitality connects the collection.

Founded in 2023 and headquartered in Hong Kong, Portier Hotels is a hospitality group for those who value connection, discovery and a stronger sense of place over convention. With a portfolio of distinctive hotel brands, the group brings design, operations and guest experience together from concept through to everyday delivery, guided by a simple belief: luxury lives in the execution.

Edward McKenna, Co-Founder of Portier Hotels, said: "Portier Hotels was founded with a simple ambition of creating hospitality brands with a clear point of view and the discipline to deliver on it every day. Asia-Pacific is a region of very different travel cultures, and increasingly guests expect hotels to reflect that richness. They look for design, service and food that bring them closer to a place, rather than offering the same experience in every destination. That's the differentiation that Portier Hotels offers through our brands."

Located at the Creative Pulse of Bali, The Arc House Canggu Welcomes Guests

The Arc House Canggu is the first expression of the brand's approach to locally connected, design-forward hospitality. Set close to Batu Bolong Beach, the boutique hotel is positioned within Canggu's evolving mix of contemporary dining, independent retail, wellness and after-hours energy. It gives guests a well-placed base from which to enter the neighbourhood, while offering a clear, personal place to return to as the day moves on.

Karen Choi, Co-Founder and Head of Architecture, Portier Hotels, said: "We want every The Arc House to feel like part of one collection, without ever feeling repeated. A shared design language pairs minimalist interiors with arches as an architectural signature, but each address is informed by the building, the neighbourhood and the creative life around it. In Canggu, that means a contemporary, minimalist setting with locally sourced artwork that makes the experience feel specific to this place."

The design brings a calm counterpoint to the rhythm outside. Clean, minimalist spaces are given depth through a refined material palette, tactile details and commissioned artwork. Rather than creating a standard hotel environment, it is designed to move with the way guests spend time in Canggu: easy to arrive at, open to the day ahead and perfectly comfortable to make staying in feel equally appealing.

The hotel's 19 private-pool suite villas provide a more personal setting within the property. Each offers guests their own pool and the space to reset between a beach afternoon, a long lunch, a class, a dinner reservation or an unplanned evening in. The restaurant and rooftop infinity pool bring a more shared, open-air rhythm to the experience, places to meet, linger and feel part of the life of the hotel without needing a formal schedule.

At MYKAZA, the Indo-Japanese dining concept within the hotel blends Japanese techniques and Balinese flavours in a restaurant made for guests and the neighbourhood alike. The rooftop pool offering panoramic sunset views, breakfast delivered to the villa and wellness programming complete an experience designed to feel easy and personal.

New Urban Addresses Debut Later This Year and Early Next Year

Later this year, The Arc House Hong Kong will open at 148 Wellington Street, Central, introducing the brand to one of Asia's most layered urban districts. The 24-room property will place guests close to Central's art, heritage, dining and city rhythm, with a design-led stay made for travellers who want to be in the middle of what is happening.

Thoughtfully planned rooms, an artful Lounge, Rooftop terrace and gym will provide an easy place to meet, pause or reset between days in the city. Its restaurant, One Forty Eight Wellington, will bring Cantonese flavours and drinks to a shared table for locals and travellers, with further details to be announced ahead of opening.

The Arc House will continue its expansion with a Melbourne opening planned for early 2027. The future hotel will bring the collection's design-forward, locally responsive approach to another dynamic city setting with a 43-room boutique hotel. Further details on its location, design and guest experience will be announced closer to opening.

Nikola Sasic, President, APAC, Portier Hotels, said: "The way guests use The Arc House is what brings the brand to life. Programming gives them a simple way into the food cultures, people and places that shape a neighbourhood, from a shared experience at the hotel to a recommendation worth following. Canggu is the beginning of a carefully considered rollout for The Arc House. Hong Kong and Melbourne will answer to very different city rhythms, which is exactly why they are right for the collection."

* These conceptual design drawings are computer renderings which represent the artist's impressions and are for reference only. All such renderings may not reflect the actual appearance, condition, view or surrounding environment of the property.

About The Arc House

The Arc House is a collection of design-forward boutique lifestyle hotels by Portier Hotels. Set in city-centre and neighbourhood locations, each hotel brings together a bold energy, sophisticated urban living and local insight that makes discovery feel easy. Each address in the collection is individually shaped by its setting and united by a sociable, human-first approach to hospitality. The Arc House offers a more considered way to stay in the heart of things.

About Portier Hotels

Founded in 2023, Portier Hotels is a full-service boutique hospitality group spanning development, operations and management. The group's portfolio comprises two distinct brands, je ne sais quoi and The Arc House, each with its own identity and united by a shared approach to human-first hospitality. With properties in Asia-Pacific, Portier Hotels combines purposeful minimalist design with instinctive, personalised service and a responsible sense of place. From development through daily operations, the group focuses on the details that make a stay feel effortless, comfortable and genuinely personal. Its defining belief is simple: luxury is in the execution.

The issuer is solely responsible for the content of this announcement.

Hashtags: #PortierHotels #TheArcHouse #BoutiqueLifestyle

mamun raises US$3 million to finance cross-border trade between the Gulf and Asia

Thu, 05 Nov 2026 06:42:00 +0700

mamun co-founders, left to right: Ahmed Al-Issaei (Co-Founder & CTO), Saleh Al Tamami (Co-Founder & CEO), Mohammed Al Tamami (Co-Founder & CCO)

The seed round scales mamun's capital infrastructure for trade finance along the Greater Bay Area - Oman - UAE corridor - anchored in Muscat, Abu Dhabi and Hong Kong SAR.

MUSCAT, ABU DHABI/HONG KONG SAR - Media OutReach Newswire - 4 November 2026 - mamun, the Sharia-compliant platform building capital infrastructure for trade finance, has raised a US$3 million seed round led by Phaze Ventures through its Oman Fund, with participation from Jasoor Ventures.

An exporter in Muscat ships today and gets paid in 60 to 90 days. Banks rarely bridge that gap, as they usually rely on a long financial track record that many small exporters find hard to provide. The Asian Development Bank puts the global trade finance gap at US$2.5 trillion, and 41% of SME trade finance applications are turned down.

mamun's AI-native underwriting assesses the company behind the trade, alongside the shipment itself: the contract, the buyer, the trade documents and the trading history between them. Its origination engine finds and screens that trade as it forms. Then investors on the platform finance the gap.

The hard part is the border. A cross-border transaction spans two regulators, two banking systems and two legal regimes, with settlement that has to land in another jurisdiction on time, and the collateral is in motion, travelling with the goods along the route.

That complexity is why most of the region's financing platforms have stayed domestic, and it is mamun's moat. The platform was built across the corridor: an FSA-regulated home and origination base in Muscat; Abu Dhabi for Gulf capital and UAE flows; and Hong Kong SAR, the financing gateway of the Belt and Road Initiative, for the Greater Bay Area and the Gulf?Asia trade routes.

Roughly 40% of the platform's trade finance settlements already clear through Hong Kong-based financial institutions and businesses.

mamun's licence sits within the FSA's crowdfunding framework, which allows the platform to bring in investors from inside and outside the Sultanate, and to finance companies inside and outside the Sultanate, subject to the platform's eligibility criteria and the laws applicable in each investor's country.

The corridor is growing. Oman's non-oil exports ran about 10% higher year-on-year through the first seven months of 2026 and re-exports 13.6% higher, with the UAE its largest non-oil trading partner. New corridors bring new counterparties: businesses trading together for the first time, with no shared history for a lender to underwrite against.

The round brings together capital from Oman and the UAE: Phaze Ventures invests through its Oman Fund, dedicated to homegrown, AI-enabled Omani businesses, and Jasoor Ventures is an early-stage venture capital firm backing technology founders across the Middle East, North Africa, and Turkey.

The US$3 million will scale that AI-native origination and underwriting, growing the volume of trade the platform can originate, assess and finance along the Greater Bay Area - Oman - UAE corridor. It is where the industry is heading: 84% of banks in the Asian Development Bank's January 2026 survey already apply AI to trade finance risk. mamun was built that way from origination onward.

"The businesses moving goods between the Gulf and Asia are growing faster than the financing behind them. We built mamun in Muscat, under Omani regulation, to serve trade along the corridor between the Gulf and Asia. This round scales that engine - and the corridor it serves."

- Saleh Al Tamami ? Co-Founder & CEO, mamun

"Our thesis is backing the homegrown companies that turn Oman's diversification agenda into regional infrastructure. mamun is exactly that - structured across the corridor, and built by a team that has executed quietly and precisely. It is a natural commitment from the Oman Fund."

- Abdullah Al Shaksy ? Co-Founder & CEO, Phaze Ventures

mamun was founded by Saleh Al Tamami, Co-Founder & CEO, Mohammed Al Tamami, Co-Founder & Chief Commercial Officer, and Ahmed Al-Issaei, Co-Founder & CTO, and was named a Rising Star on the Deloitte Technology Fast 50 Middle East 2025, ranking 26th.

This announcement is for information only and does not constitute an offer or invitation to invest. mamun is not licensed by the Securities and Futures Commission of Hong Kong (SFC).

ABOUT mamun

mamun builds capital infrastructure for trade finance. The platform is Sharia-compliant, licensed and regulated by the Financial Services Authority of Oman (FSA Licence CMI051). This licence covers the Omani entity only. The group also has entities in Abu Dhabi and Hong Kong SAR. It connects businesses and investors to finance cross-border trade - exports, imports and the working capital that moves goods between markets.

ABOUT PHAZE VENTURES

Founded in 2018, Phaze Ventures is Oman's oldest private venture capital firm. Headquartered in Oman, with a presence in Saudi Arabia and the UAE, it backs early-stage AI and deeptech companies globally and homegrown technology businesses through the Oman Fund.

ABOUT JASOOR VENTURES

Jasoor Ventures, meaning "courageous" in Arabic, is an ADGM-based venture capital firm, investing across the Middle East, North Africa, and Turkey.

The issuer is solely responsible for the content of this announcement.

Hashtags: #mamun

CGTN: Global Mayors Dialogue reaffirms China's commitment to openness

Thu, 05 Nov 2026 06:32:00 +0700

BEIJING, Nov. 03, 2026 (GLOBE NEWSWIRE) -- The main event of the 2026 Global Mayors Dialogue ? Ningbo opened in port city Ningbo on Tuesday, bringing together representatives from 15 countries and 20 international cities.

Themed "Openness and Connectivity for Shared Opportunities," it produced 14 cooperation agreements and the Ningbo Consensus on Cooperative Development, underscoring the role of cities as engines of open trade and mutual benefit.

The signed projects span sister-city exchanges, trade and investment, science and education, culture and tourism. "The city's opening up is not a one-way going out but a two-way embedding into global industrial and innovation chains," Ningbo Mayor Shen Mingquan said.

As one of China's first coastal cities to open to the outside world, Ningbo maintains economic and trade ties with more than 220 countries and regions globally.

This global integration has shown significant results. In 2024, a delegation from Ningbo went to meet the Suez Canal authorities in Egypt, and Ningbo-based Dashun Fur invested $40 million in the Suez Canal Economic Zone, their cooperation expanding from traditional textiles to modern logistics. Products such as milk powder from New Zealand and Moroccan dates are popular among Ningbo residents, and the Maldives is one of their top 10 outbound tourist destinations.

China remains the world's largest goods trader and second largest importer, and a major trade partner for more than 150 countries and regions. Customs data show China's goods trade reached 45.47 trillion yuan ($6.51 trillion) in 2025, up 3.8% year on year, with exports of 26.99 trillion yuan ($4.06 trillion) and imports of 18.48 trillion yuan ($2.78 trillion).

Trade with Belt and Road partners accounted for 51.9% of China's total foreign trade. These figures underscore a basic reality: China's growth needs the world, and the world needs China for global prosperity.

The dialogue in Ningbo repeatedly returned to the choice between "building walls" and "building bridges." At Tuesday's event, Auckland Mayor Wayne Brown shared how a South Pacific gateway has turned distance into openness. Karimi Said, Mayor of Moroccan city Errachidia, cited oasis agriculture and dates as links to global markets.

Cultural exchanges during the event - including a copper-plate document from the Maldives' Laamu Atoll, a scarab from Suez, and Norman candy from Saint-?tienne in France - were placed on equal footing with commercial contracts, reflecting the Consensus's emphasis on people-to-people bonds.

The Ningbo Consensus commits participants to deeper industrial collaboration, open trade, and people-to-people exchange. It aligns with the spirit of a community with a shared future for humanity, advocating for a world where cities support one another through mutual trust and win-win cooperation.

By connecting ports, supply chains, and people - both in person and through digital platforms - the 20 cities sent a clear message: Openness and connectivity, not isolation, remains the surest path to shared opportunity.

https://news.cgtn.com/news/2026-11-03/Global-Mayors-Dialogue-reaffirms-China-s-commitment-to-openness-1RM72ClE0rC/p.html

Helm Expands into Australia with Presence in Sydney

Wed, 04 Nov 2026 21:23:00 +0700

International private markets technology and infrastructure company establishes local presence to support wealth firms, asset managers and ecosystem firms across Australia and New Zealand.

NEW YORK AND SYDNEY, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Helm, the international private markets operating system backed by iAltA, today announced it has expanded into Sydney to support its growth across Australia and New Zealand.

The expansion establishes a local presence for Helm as product manufacturers, wealth firms and service providers across the region increasingly seek more efficient ways to structure, distribute and manage private market investments. James Wilkinson, former General Manager at iPartners, will lead Helm in the region.

Private markets are continuing to grow in scale across asset classes, investment structures and distribution channels, creating new opportunities for end investors but adding complexity for the firms that serve them. In Australia and New Zealand, that evolution is increasing the need for enterprise-grade infrastructure that can connect historically fragmented processes and point solutions across the investment lifecycle.

"Australia has developed a sophisticated and rapidly evolving private markets ecosystem, and we see a significant opportunity to support those firms that are broadening access to private markets," said Gareth Lewis, Chief Business Officer of Helm. "Establishing a local presence allows us to work more closely with clients and partners in the region and bring technology and expertise that can help them manage the increasing complexity of private market investing."

Helm helps private market participants reduce that complexity by connecting product and distribution with investor onboarding, transaction workflows and reporting. Its configurable technology is designed to help firms build.

The expansion to Sydney will give Helm an on-the-ground presence to work with clients and partners and build relationships across the Australian and New Zealand private markets ecosystem.

"Australia and New Zealand represent an exciting opportunity for Helm because of both the maturity of the wealth channel and the growing advisor and investor interest in private markets," Wilkinson said. "Having a team on the ground means we can combine Helm's global capabilities with a real understanding of how firms here operate, what their clients expect and simplify their processes to operate more efficiently so they can focus on what they do best."

About Helm

Backed by iAltA, Helm is a private markets operating system that helps product manufacturers and investment firms simplify capital raising and investor workflows. Supporting a range of use cases, Helm is designed to reduce operational friction and improve the delivery of private market offerings to investors. Visit www.helmmarkets.com

About iAltA

Launched in 2025 by founding partners Scott Ganeles, Bill Sherman, Bill Crager, and Laurence Tosi, iAltA is a holding company founded by experienced operators to address systemic gaps in private markets infrastructure. Incubated and backed by WestCap, iAltA builds platforms that unify fragmented workflows, elevate transparency, and empower product manufacturers and investment firms throughout the investment lifecycle. Visit www.ialta.com

Iveco Group 2026 Third Quarter Results

Wed, 04 Nov 2026 21:17:00 +0700

A quarter marked by continued efforts in quality initiatives,

with revenue growth offset by a temporary product mix impact

Following the successful completion of the tender offer,

Iveco Group is now part of Tata Motors

EU-IFRS FINANCIAL MEASURES					NON-EU-IFRS FINANCIAL MEASURES ⁽¹⁾
	(EUR million)	Q3 2026	Q3 2025	Change		(EUR million)	Q3 2026	Q3 2025	Change
	Consolidated EBIT	11	91	-80		Adjusted EBIT	30	111	-81
	of which EBIT of Industrial Activities	(18)	56	-74		of which Adjusted EBIT of Industrial Activities	-	76	-76
	Profit/(loss) for the period	(45)	16	-61		Adjusted Net Income (Loss)	(32)	40	-72
	Diluted EPS EUR	(0.17)	0.06	-0.23		Adjusted Diluted EPS EUR	(0.12)	0.15	-0.27
	Cash flow from operating activities	(113)	102	-215		Free Cash Flow of Industrial Activities	(656)	(513)	-143
	Cash and cash equivalents⁽²⁾	1,786	2,514	-728		Available Liquidity⁽²⁾	3,713	4,432	-719

In the third quarter, Iveco Group recorded consolidated revenues of EUR3.16 billion, an increase of 1.4%, and Industrial Activities net revenues of EUR3.09 billion (+1.5%). Industrial Activities Adjusted EBIT was nil, mainly on the back of continued focus on quality, as planned, negative product mix and inflation impact. Free Cash Flow registered an outflow of EUR656 million, in line with seasonality typical of this quarter, while Available Liquidity remained solid at EUR3.7 billion as of 30th September 2026, including EUR1.9 billion of undrawn committed facilities.

Truck confirmed its leadership position in the chassis cab segments and further reinforced it in the upper end of the light commercial vehicle (LCV) market. Compared to the third quarter of 2025, European industry volumes were largely stable across all ranges. European order intake in medium - and heavy-duty remained solid, increasing 23% and remained broadly flat in light-duty. While profitability was affected by competitive pressure in LCV, driven by flattish industry demand, the business unit maintained disciplined pricing in European heavy-duty vehicles.

IVECO BUS confirmed its place among the leaders in the European e-bus market and consolidated its strong market share in the City and Intercity segments. Due to the unfavorable comparison to the same quarter of 2025, when Intercity demand peaked, deliveries fell 6%. Profitability was also affected by a negative product mix.

In Powertrain, overall engine volumes increased by 5% compared to the third quarter of 2025, due to a steady increase in European small-engine deliveries across off- and on-road applications. Fewer large-engine deliveries, particularly in the Americas, affected profitability; an impact that was partially offset by disciplined cost control and continued operational efficiencies. Continuous efforts in quality initiatives, as planned, have negatively affected third quarter's profitability across business units.

Looking ahead, despite weaker industry demand for LCVs, macroeconomic uncertainties, a negative product mix and continuous effort in quality initiatives across business, the Company expects profitability to recover in Q4 2026. Industrial Activities free cash flow generation is expected to be solid in the last quarter of the year, as per usual seasonality.

"In the third quarter, we continued to prioritise quality throughout the company, dedicating additional resources in line with the strategy we set for the year. This deliberate choice weighed on profitability, along with an unfavourable product mix across business units. Our efforts in quality reached their peak during the quarter and, from now onwards, will gradually decrease. Their benefits will become increasingly visible in our performance and will eventually make a positive contribution to our results. Overall, our revenues were slightly up versus the previous year, demonstrating the solid competitiveness of our products."

Olof Persson, Chief Executive Officer

Notes:

Iveco Group consolidated financial results included in this press release are prepared in accordance with EU-IFRS.

(*) 2026 and 2025 financial data shown in this press release refer to Continuing Operations only (ie. excluding Defence business), unless otherwise stated. In particular, on 18th March 2026, Iveco Group transferred the full ownership of its Defence business (IDV and ASTRA brands) to Leonardo S.p.A., as per the terms of the agreement announced on 30th July 2025. In accordance with IFRS 5 - Non-current Assets Held for Sale and Discontinued Operations, as the sale became highly probable in July 2025, the Defence business met the criteria to be classified as a disposal group held for sale since that date; it also met the criteria to be classified as Discontinued Operations.

(1) Non-EU-IFRS financial measures: refer to the "Non-EU-IFRS Financial Information" section of this press release for information regarding non-EU-IFRS financial measures. Refer to the specific table in the "Other Supplemental Financial Information" section of this press release for the reconciliation between the non-EU-IFRS financial measure and the most comparable EU-IFRS financial measure.

(2) Comparison vs 30th June 2026.

Q3 2026 Performance and Results by Business Unit

Consolidated revenues amounted to EUR3,158 million compared to EUR3,115 million in Q3 2025, up 1.4%. Net revenues of Industrial Activities were EUR3,091 million compared to EUR3,044 million in Q3 2025, up 1.5%, mainly due to higher volumes in Europe and favourable foreign exchange impacts, partially offset by lower pricing.

Adjusted EBIT was EUR30 million compared to EUR111 million in Q3 2025, with a margin of 0.9% (3.6% in Q3 2025). Adjusted EBIT of Industrial Activities was nil compared to EUR76 million in Q3 2025, mainly due to unfavourable production costs due to strengthened quality focus, Truck net pricing, and negative product mix across businesses.

Adjusted Net Loss was EUR32 million (Adjusted Net Income of EUR40 million in Q3 2025) and Adjusted Diluted Earnings per share was negative EUR0.12 (positive EUR0.15 in Q3 2025).

Net financial expenses amounted to EUR72 million compared to EUR58 million in Q3 2025, mainly due to a negative impact of hyperinflation accounting in T?rkiye and higher borrowing costs.

Reported income tax was EUR16 million, with an Adjusted Effective Tax Rate (Adjusted ETR(1)) of 24% in Q3 2026, which reflects the different tax rates applied in the jurisdictions where the Group operates and some discrete items.

Free Cash Flow of Industrial Activities was negative at EUR656 million compared to negative EUR513 million in Q3 2025, mainly due to working capital absorption and higher investments.

Available Liquidity was EUR3,713 million as of 30th September 2026, including EUR1,900 million of undrawn committed facilities.

Truck

	Q3 2026	Q3 2025	Change		The European Truck market was down 2% year-over-year, with Light-Duty Vehicles (LCV) down 4% and Medium- and Heavy-Duty Trucks (M&H) in line with Q3 2025. The South American Truck market was aligned with the previous year. Iveco Group deliveries were up 12% vs Q3 2025 in Europe (up 9% and 22% in LCV and M&H, respectively) and were up 4% in South America (up 31% in LCV and down 13% in M&H). Worldwide Truck book-to-bill was 0.94 at the end of the quarter. Net Revenues were EUR 2,099 million, up 4.5% compared to Q3 2025, mainly driven by higher volumes. The Adjusted EBIT was EUR 10 million compared to EUR 59 million in Q3 2025, primarily driven by negative product mix and net pricing, as well as strengthened focus on quality. The Adjusted EBIT margin was at 0.5% (2.9% in Q3 2025).
Net revenues (EUR million)	2,099	2,008	+4.5%
Adjusted EBIT (EUR million)	10	59	-49
Adjusted EBIT margin	0.5%	2.9%	-240	bps

Notes:

Bus

	Q3 2026	Q3 2025	Change		Bus registrations were down 1% in Europe and were flat in South America compared to Q3 2025. Iveco Group deliveries were down 7% and 5% in Europe and South America, respectively. Net Revenues were down 5.6% in the quarter, driven by lower volumes and mix. The Adjusted EBIT was EUR 5 million compared to EUR 29 million in Q3 2025, resulting from negative product mix and continuous quality initiatives. The Adjusted EBIT margin was at 0.7% (4.0% in Q3 2025).
Net revenues (EUR million)	679	719	-5.6%
EUR djusted EBIT (EUR million)	5	29	-24
Adjusted EBIT margin	0.7%	4.0%	-330	bps

Powertrain

	Q3 2026	Q3 2025	Change		Powertrain Net Revenues were ?810 million, up 8.7% compared to Q3 2025, due to higher small-engine deliveries. Sales to external customers accounted for 48% (49% in Q3 2025). The Adjusted EBIT was EUR 24 million compared to EUR 38 million in Q3 2025, primarily driven by negative product mix and higher product costs for increased resources dedicated to quality. The Adjusted EBIT margin was at 3.0% (5.1% in Q3 2025).
Net revenues ( million)	810	745	+8.7%
EUR djusted EBIT (EUR million)	24	38	-14
Adjusted EBIT margin	3.0%	5.1%	-210	bps

Financial Services

	Q3 2026	Q3 2025	Change	Financial Services Net Revenues were EUR 110 million, in line with Q3 2025. The Adjusted EBIT was at EUR 30 million compared to EUR 35 million in Q3 2025, due to deteriorated collection performances. The end of period managed portfolio for Iveco Group (including unconsolidated joint ventures) was EUR 7,846 million at the end of the quarter (of which retail was 43% and wholesale 57%), up EUR 316 million compared to 30^thSeptember 2025. The receivable balance greater than 30 days past due as a percentage of the on-book portfolio was 2.6% (2.1% as of 30^thSeptember 2025).
Net revenues (EUR million)	110	111	-0.9%
Adjusted EBIT (EUR million)	30	35	-5
Equity at quarter end (EUR million)	806	830	-24
Retail loan originations (EUR million)	421	389	+32

Iveco Group Results for the Nine Months ended 30^th September 2026

EU-IFRS FINANCIAL MEASURES					NON EU-IFRS FINANCIAL MEASURES⁽¹⁾
	(EUR million)	Q3 YTD 2026	Q3 YTD 2025	Change		(EUR million)	Q3 YTD 2026	Q3 YTD 2025	Change
	Consolidated EBIT	23	314	-291		Adjusted EBIT	106	399	-293
	of which EBIT of Industrial Activities	(68)	216	-284		of which Adjusted EBIT of Industrial Activities	14	301	-287
	Profit/(loss) for the period	(123)	109	-232		Adjusted Net Income/(Loss)	(60)	179	-239
	Diluted EPS EUR	(0.47)	0.40	-0.87		Adjusted diluted EPS EUR	(0.23)	0.66	-0.89
	Cash flow from operating activities	(352)	(3)	-349		Free Cash Flow of Industrial Activities	(1,382)	(1,241)	-141
	Cash and cash equivalents⁽²⁾	1,786	2,953	-1,167		Available Liquidity⁽²⁾	3,713	5,192	-1,479

Truck

	Q3 YTD 2026	Q3 YTD 2025	Change
Net revenues (EUR million)	6,352	6,317	+0.6%
Adjusted EBIT (EUR million)	13	246	-233
Adjusted EBIT margin	0.2%	3.9%	-370	bps

Bus

	Q3 YTD 2026	Q3 YTD 2025	Change
Net revenues (EUR million)	2,214	1,948	+13.7%
Adjusted EBIT (EUR million)	35	97	-62
Adjusted EBIT margin	1.6%	5.0%	-340	bps

Powertrain

	Q3 YTD 2026	Q3 YTD 2025	Change
Net revenues (EUR million)	2,541	2,407	+5.6%
Adjusted EBIT (EUR million)	85	115	-30
Adjusted EBIT margin	3.3%	4.8%	-150	bps

Financial Services

	Q3 YTD 2026	Q3 YTD 2025	Change
Net revenues (EUR million)	322	338	-4.7%
Adjusted EBIT (EUR million)	92	98	-6

Notes:

(2) Comparison vs 31st December 2025.

Non-EU-IFRS Financial Information

Iveco Group monitors its operations through the use of several non-EU-IFRS financial measures including Adjusted EBIT, Adjusted EBIT margin, Adjusted Net Income/(Loss), Adjusted Diluted EPS, Adjusted Income Taxes, Adjusted Effective Tax Rate, Free Cash Flow of Industrial Activities, Net Cash (Debt) and Net Cash (Debt) of Industrial Activities, and Available Liquidity. Iveco Group's management believes those measures provide useful and relevant information regarding Iveco Group's operating results and enhance the readers' ability to assess Iveco Group's financial performance and financial position. Management uses these non-EU-IFRS financial measures to monitor the underlying performance of Iveco Group's business and operations, to identify operational trends, as well as to make decisions regarding future spending, resource allocations and other operational decisions as they provide additional transparency with respect to Iveco Group's core operations. These non-EU-IFRS financial measures have no standardised meaning under EU-IFRS and are unlikely to be comparable to other similarly titled measures used by other companies and are not intended to be substitutes for measures of financial performance and financial position as prepared in accordance with EU-IFRS. Iveco Group's non-EU-IFRS financial measures are defined as follows:

Adjusted EBIT: is defined as EBIT before restructuring costs and non-recurring items, if any. In particular, non-recurring items are specifically disclosed items that management considers rare or discrete events that are infrequent in nature and not reflective of ongoing operational activities. The performance of Iveco Group is reviewed based on the Adjusted EBIT, which the management believes more fully reflects Iveco Group's profitability, and, as such, Iveco Group uses Adjusted EBIT for internal reporting to assess performance as part of the forecasting, budgeting and decision-making process as it provides additional transparency regarding Iveco Group's underlying operating performance. The management believes Adjusted EBIT is useful because it excludes items that management believes are not indicative of Iveco Group's underlying operating performance between periods. The management also believes that Adjusted EBIT is useful for investors and analysts to better understand how management assesses Iveco Group's underlying operating performance on a consistent basis. Accordingly, Iveco Group believes that Adjusted EBIT provides useful information to third party stakeholders in understanding and evaluating Group's operations;

Adjusted EBIT margin; is computed by dividing a) Adjusted EBIT by b) Net revenues;

Adjusted Net Income/(Loss): is defined as profit/(loss) for the period, before restructuring costs and non-recurring items, if any, net of the related income tax effect. In particular, non-recurring items are specifically disclosed items that management considers rare or discrete events that are infrequent in nature and not reflective of ongoing operational activities. Iveco Group uses Adjusted Net Income/(Loss) to assess performance as part of its decision-making process as it provides additional insight into Iveco Group's underlying overall performance, net of income tax. The management believes that Adjusted Net Income/(Loss) is also useful for investors and analysts to better understand how management assesses Iveco Group's underlying overall performance on a consistent basis. Accordingly, Iveco Group believes that Adjusted Net Income/(Loss) provides useful information to third party stakeholders in understanding and evaluating Group's operations;

Adjusted Diluted EPS: is computed by dividing Adjusted Net Income/(Loss) attributable to Iveco Group N.V. by a weighted-average number of Common Shares outstanding during the period that takes into consideration potential Common Shares outstanding deriving from the Iveco Group share-based payment awards, when inclusion is not anti-dilutive. When Iveco Group provides guidance for adjusted diluted EPS, the Group does not provide guidance on an earnings per share basis because the EU-IFRS measure will include potentially significant items that have not yet occurred and are difficult to predict with reasonable certainty prior to year-end;

Adjusted Income Taxes: is defined as income taxes less the tax effect of restructuring expenses and non-recurring items, and non-recurring tax charges or benefits;

Adjusted Effective Tax Rate (Adjusted ETR): is computed by dividing a) Adjusted Income Tax (expense) benefit by b) Adjusted Profit/(Loss) before taxes. Adjusted Income Tax (expense) benefit represents income tax (expense) benefit, adjusted for the income tax (expense) benefit of restructuring costs and non-recurring items, if any, as well as any non-recurring tax expenses or benefits. Adjusted Profit/(Loss) before taxes represents profit/(loss) before taxes of the applicable period, adjusted for restructuring costs and non-recurring items, if any. Adjusted ETR fully reflects Iveco Group's level of taxation, based on Group's Profit/(Loss) before taxes, removing extraordinary and non-recurring items. The management believes that this is useful for investors and analysts to better understand Iveco Group's level of taxation on a consistent basis and enables them to compare Iveco Group's level of taxation with that of other companies;

Free Cash Flow of Industrial Activities (or Industrial Free Cash Flow): refers to Industrial Activities, only, and is computed as consolidated cash flow from operating activities less: cash flow from operating activities of Financial Services; investments of Industrial Activities in property, plant and equipment and intangible assets; as well as other changes and intersegment eliminations. Iveco Group views Free Cash Flow as a useful measure for measuring its cash generation ability;

Net Cash (Debt) and Net Cash (Debt) of Industrial Activities: Net Cash (Debt) is defined as total Debt (including debt payable to CNH deriving from financing activities and sale of trade receivables) plus Derivative liabilities, net of Cash and cash equivalents, Derivative assets and other current financial assets (primarily current securities, short-term deposits and investments towards high-credit rating counterparties) and financial receivables from CNH deriving from financing activities and sale of trade receivables. Iveco Group provides the reconciliation of Net Cash (Debt) to Total (Debt), which is the most directly comparable EU-IFRS financial measure included in the Group's Consolidated Statement of Financial Position. Due to different sources of cash flows used for the repayment of the debt between Industrial Activities and Financial Services (by cash from operations for Industrial Activities and by collection of financing receivables for Financial Services), management separately evaluates the cash flow performance of Industrial Activities using Net Cash (Debt) of Industrial Activities; and

Available Liquidity: is defined as cash and cash equivalents, including restricted cash, undrawn medium-term unsecured committed facilities, other current financial assets (primarily current securities, short-term deposits and investments towards high-credit rating counterparties), and financial receivables from CNH deriving from financing activities and sale of trade receivables.

Forward-looking statements

Statements other than statements of historical fact contained in this earning release, including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of management regarding operations and products, are forward-looking statements. These statements may include terminology such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "outlook", "continue", "remain", "on track", "design", "target", "objective", "goal", "forecast", "projection", "prospects", "plan", or similar terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are difficult to predict and/or are outside the Company's control. If any of these risks and uncertainties materialise (or they occur with a degree of severity that the Company is unable to predict) or other assumptions underlying any of the forward-looking statements prove to be incorrect, including any assumptions regarding strategic plans, the actual results or developments may differ materially from any future results or developments expressed or implied by the forward-looking statements. Factors, risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: the continued uncertainties related to the unknown duration and economic, operational and financial impacts of ongoing and/or threatened international conflicts and geopolitical tensions; vulnerability to cybersecurity or data privacy incidents, also due to potential massive availability of Generative Artificial Intelligence; the many interrelated factors that affect consumer confidence and worldwide demand for capital goods and capital goods-related products, including demand uncertainty caused by current macroeconomic and geopolitical issues; changes in government policies regarding banking, monetary and fiscal policy; legislation, particularly pertaining to capital goods-related issues such as the environment, debt relief and subsidy program policies, trade and commerce and infrastructure development; government policies on international trade and investment, including sanctions, import quotas, capital controls and tariffs; volatility in international trade caused by the imposition of tariffs, sanctions, embargoes, and trade wars; actions of competitors in the various industries in which we compete; development and use of new technologies and technological difficulties; the interpretation of, or adoption of new, compliance requirements with respect to engine emissions, safety or other aspects of our products; production difficulties, including capacity and excess inventory levels; labour relations; interest rates and currency exchange rates; inflation and deflation; energy prices; our ability to obtain financing or to refinance existing debt; price pressure on new and used vehicles; the resolution of pending litigation and investigations on a wide range of topics, including dealer and supplier litigation, follow-on private litigation in various jurisdictions after the settlement of the EU antitrust investigation of the Iveco Group announced on 19 July 2016, intellectual property rights disputes, product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual issues; security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of Iveco Group and its suppliers and dealers; security breaches with respect to our products; further developments of geopolitical threats which could impact our operations, supply chains, distribution network, as well as negative evolutions of the economic and financial conditions at global and regional levels; political and civil unrest; volatility and deterioration of capital and financial markets, including other pandemics, terrorist attacks or acts of war in Europe and elsewhere; our ability to realise the anticipated benefits from our business initiatives as part of our strategic plan; our failure to realise, or a delay in realising, all of the anticipated benefits of our acquisitions, joint ventures, strategic alliances or divestitures and other similar risks and uncertainties, and our success in managing the risks involved in the foregoing.

Forward-looking statements are based upon assumptions relating to the factors described in this earnings release, which are sometimes based upon estimates and data received from third parties. Such estimates and data are often revised. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside Iveco Group's control. Except as otherwise required by applicable rules, Iveco Group expressly disclaims any intention to provide, update or revise any forward-looking statements in this announcement to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based. Further information concerning Iveco Group, including factors that potentially could materially affect Iveco Group's financial results, is included in Iveco Group's reports and public filings under applicable regulations.

About Iveco Group

Iveco Group N.V. (EXM: IVG) is a global player in the automotive industry, built on a strong Italian heritage and with a consolidated international reach. The Group channels decades of engineering excellence and innovation into sustainable mobility and customer driven technologies. Its five brands play a leading role in their respective domains: IVECO, a pioneering commercial vehicles brand offering heavy, medium and light duty trucks; FPT, a global leader in advanced powertrain technologies in the agriculture, construction, marine, power generation and commercial vehicles sectors; IVECO BUS and HEULIEZ, renowned for their mass transit, premium bus and coach solutions; and IVECO CAPITAL, the Group's financing arm supporting them all. Iveco Group employs 33,000 people and operates 16 industrial sites and 22 R&D centres. Further information is available on the Company's website www.ivecogroup.com.