London Stock Exchange is preparing to open a near-continuous weekday trading venue designed for algorithmic systems and AI-enabled trading, extending access to its markets across Asian, European and American time zones. The new platform, London Stock Exchange 24, or LSE 24, is scheduled to enter client testing by the end of 2026. Exchange-traded products will become its first asset class during the first half of 2027, subject […]
Electric cars with comparable specifications became substantially more affordable in Germany between 2020 and 2025, even as the typical advertised price rose sharply because manufacturers expanded their ranges towards larger and more expensive vehicles. Inflation-adjusted list prices for battery electric vehicles fell by about 18 per cent over the five-year period after differences in weight, engine power and driving range were taken into account. Prices for comparable […]
European prosecutors have opened a criminal investigation into subsidy payments to companies formerly owned by Czech Prime Minister Andrej Babiš, intensifying scrutiny of his business arrangements and possible conflicts of interest. The European Public Prosecutor’s Office is examining whether European Union funds were improperly paid to businesses within the Agrofert conglomerate and whether Czech authorities failed to recover subsidies awarded during Babiš’s earlier term as prime minister […]
By Nantoo Banerjee Fake news is flooding across India’s nearly half-a-billion social media and messaging platforms, threatening trust, relationships, and democratic processes. The country, boasting almost a billion internet subscriptions, is facing a growing crisis of misinformation with digital content spreading faster than truth across the online community. To add to the concern are Artificial […]
The article AI-Generated Deepfakes Are Eroding Social Trust appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Interpol has announced 5,811 arrests and the interception of $293 million in illicit assets following a sweeping operation against cyber-enabled fraud across 97 countries and territories. Operation First Light 2026 targeted social engineering scams and related money laundering networks between January 15 and April 30. Authorities identified more than 142,000 victims, analysed 152,808 cases and blocked 31,014 bank accounts linked to suspected criminal proceeds. The China-funded operation […]
Arabian Post Staff -Dubai Abu Dhabi-based technology group e& has agreed to sell its entire 16.21% holding in Vodafone Group to an investment vehicle controlled by French telecommunications entrepreneur Xavier Niel’s family for about AED21.8 billion. The transaction covers 3,944,743,685 Vodafone ordinary shares, representing 17.13% of the company’s voting rights. Vega, the Niel family’s acquisition vehicle, will pay about 110.5 pence in cash for each share. E& […]
Belgium became the European Union’s third-largest air freight market in 2025 as cargo volumes at its airports climbed by almost 13%, strengthening the country’s role as a gateway for e-commerce, pharmaceuticals, express parcels and time-sensitive industrial shipments. More than two million tonnes of freight and mail passed through Belgian airports during the year, placing the country behind only Germany and France among the EU’s 27 member states. […]
European Parliament lawmakers have approved the revival of temporary rules allowing online platforms to voluntarily detect child sexual abuse material, while shielding end-to-end encrypted communications from the measure. The vote on Thursday did not approve unrestricted monitoring of private messages, as some social media posts claimed. Parliament backed a modified framework that permits companies to scan certain communications voluntarily but excludes encrypted services such as WhatsApp, Signal […]
TURIN, ITALY – Media OutReach Newswire – 9 July 2026 – IVECO, one of Europe’s leading commercial vehicle manufacturers, and PETRONAS Lubricants International (PLI) have officially renewed their long-standing strategic partnership for an additional five years. The agreement extends the partnership through 2032, reinforcing a collaboration that has driven innovation, performance, and sustainability in the commercial transport sector for more than 50 years.
The renewal ensures the continued supply and joint engineering of a comprehensive range of lubricants designed for commercial vehicles. From advanced engine oils to transmission fluids, brake fluids and coolants, PLI and IVECO will continue to formulate solutions specifically engineered to meet the demanding operational requirements of IVECO’s commercial vehicle portfolio across Europe.
A Legacy of Technical Excellence
This milestone reflects the sustained success of the co-branded IVECO URANIA engine oils and IVECO TUTELA technical fluids, developed through decades of joint R&D and a shared commitment to delivering high-performance, energy-efficient solutions that maximise vehicle uptime and extend component life. The ranges are also the only fluids recommended by IVECO.
The partnership’s rapid pace of innovation was recently highlighted by the launch of Urania Next 0W-16. This breakthrough –the first SAE 0W-16 engine oil developed specifically for heavy-duty applications – delivers exceptional fuel efficiency, reduced CO₂ emissions, and extended oil drain intervals. Furthermore, the formulation is Euro 7 ready, supporting improved efficiency and emissions performance for IVECO’s latest generation of engines.
Domenico Nucera, Chief Quality & Operations Officer, Iveco Group, commented, “The renewal of the agreement with PETRONAS Lubricants International confirms the strength of a long-standing collaboration built on shared technical expertise and a common ambition to continuously improve performance, efficiency, and sustainability across our vehicle and powertrain portfolio. Through the co-engineering of our IVECO URANIA and IVECO TUTELA ranges, we are able to deliver solutions that maximise vehicle uptime, optimise total cost of ownership, and support our customers and dealer network with the highest standards of quality and reliability.”
Driving Dealer and Customer Value
The renewed agreement also places a strategic focus on the IVECO dealer network. Beyond providing cutting-edge products, PLI will implement targeted initiatives aimed at strengthening dealer engagement and reinforcing customer awareness of IVECO’s officially approved lubricants. These initiatives are expected to support dealer business growth across European markets, while helping customers benefit from enhanced vehicle reliability and optimised total cost-of-ownership.
Domenico Ciaglia, Group Chief Strategy & Transformation Officer of PETRONAS Lubricants International (PLI), said: “This partnership renewal demonstrates what can be achieved through a long-term forward-thinking collaboration, with consistency, and a shared commitment to excellence. Through continuous product innovation, we have been able to co-develop market-leading solutions such as the Urania Next 0W-16 engine oil formulation, seamlessly integrated into IVECO’s ecosystem. This collaboration enables us to deliver greater value to the industry by combining our expertise and driving innovation together.
Looking ahead, PETRONAS Lubricants International remains fully committed to supporting the IVECO Group with forward integrated reliable, high-performance products and solutions that create lasting value for its network and customers.
This renewed collaboration further reinforces the foundation of PLI’s broader strategic roadmap, demonstrating how technical excellence and trusted partnerships can drive sustainable, long-term value internationally.”
Hashtag: #PETRONASLubricantsInternational #PLI #IVECO #industrial #lubricants #technology
The issuer is solely responsible for the content of this announcement.
PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia’s dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS’ partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development and delivery of the Fluid Technology Solutions™, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows.
We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment.
PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need. For more information, please visit 
www.pli-petronas.com.
Arabian Post Staff -Dubai US forces hit about 90 targets along Iran’s coast on Wednesday, extending military action for a second straight day and deepening doubts over efforts to turn a fragile truce into a permanent peace deal. US Central Command said the operation was designed to weaken Tehran’s ability to attack commercial shipping and civilian mariners in the Strait of Hormuz, the narrow waterway through which […]
Cybercriminals are using fake cracked-software downloads to infect consumers and smaller businesses with a double payload that steals credentials and mines Monero, underscoring how commodity malware operators are combining immediate data theft with longer-running attempts to profit from compromised machines. The campaign delivers Vidar, a widely used information stealer, alongside XMRig, an open-source cryptocurrency miner often abused in cryptojacking attacks. Victims are lured through malvertising into downloading […]
Greenlogue/AP Lhyfe has expanded one of Europe’s largest bulk green hydrogen logistics fleets, adding 10 new Hexagon Purus containers as it seeks to strengthen production, transport and storage capacity across a market still constrained by cost, infrastructure gaps and uneven demand. The Nantes-based producer now operates 84 Type IV tube trailers dedicated to hydrogen transport, a fleet serving its production sites, partner locations, storage facilities and transport […]
The Public Prosecution Service suspects the company of multiple criminal offences, including deliberately and unlawfully releasing harmful substances into the air with possible adverse consequences for public health. The case also covers alleged breaches of the company’s duty of care, insufficient maintenance, operating without the required permits and failure to report several incidents involving raw coke, a by-product linked to the steelmaking process.
A first procedural hearing has been scheduled for 20 November 2026 at the Amsterdam District Court, where prosecutors are expected to set out the precise charges. The investigation began after a criminal complaint filed on behalf of more than 800 residents and campaigners, who have for years linked emissions from the IJmuiden complex to health risks, nuisance and damage to quality of life.
The steelworks, located west of Amsterdam in Velsen, is among the Netherlands’ biggest industrial sites and one of its largest greenhouse gas emitters. Its blast furnaces, coke ovens and associated facilities have made it a strategic employer and export asset, but also a central target for environmental enforcement. Local concern intensified after pollution incidents, odour complaints and measurements showing deposits of metals and polycyclic aromatic hydrocarbons in nearby communities.
Prosecutors say the criminal investigation examined the steel production process and the operation of Tata Steel’s coke gas factories. The inquiry was carried out with input from environmental inspection and police units, including the investigative arm of the Human Environment and Transport Inspectorate and regional environmental enforcement agencies.
The company has rejected the accusations, saying it disagrees with the decision to prosecute and has already made major improvements to reduce emissions. Tata Steel Nederland has described the case as unnecessary, arguing that it relates to a limited number of incidents where corrective action had already been taken. The company maintains that its emissions comply with legal limits and that planned investments will cut pollution further.
The prosecution has not ruled out possible action against individuals. A separate part of the investigation is examining whether people in management roles could be held personally criminally liable. Prosecutors said that part of the inquiry may take more time, while the company summons has been issued now to keep the criminal case moving.
The summons comes against a broader legal and regulatory backdrop. Residents living near the plant and environmental groups have pursued civil and criminal routes to force faster reductions in pollution. A collective claim filed in the Netherlands seeks about €1.4 billion in compensation from Tata Steel’s Dutch subsidiaries, alleging health damage, stress, loss of enjoyment of life and property-related losses across the region. Tata Steel has dismissed those claims as speculative and unsupported.
Regulatory pressure has also mounted over the coke ovens, one of the most contentious parts of the IJmuiden operation. Authorities have previously warned that permits could be at risk if breaches continue, and financial penalties have been imposed over emissions violations. The coke-making process is crucial to conventional blast-furnace steel production, but it is also associated with pollutants that have drawn sustained scrutiny from residents and health experts.
Public health studies commissioned by Dutch authorities have strengthened demands for action. Research has identified the Tata Steel site as a significant source of metals and polycyclic aromatic hydrocarbons in the IJmond area, while health assessments have pointed to higher exposure risks for communities around the plant. Campaigners argue that enforcement has been too slow, given the scale of the plant and the duration of residents’ complaints.
Tata Steel is attempting to balance the legal fight with negotiations over a cleaner production model. The company, the Dutch government and the province of North Holland signed a non-binding framework in 2025 aimed at cutting carbon emissions and improving the living environment around IJmuiden. The plan includes a shift towards lower-carbon steelmaking, with public support of up to €2 billion under discussion and additional funding sought from European programmes.
Bitcoin fell below $62,000 in Asian trading as renewed US-Iran hostilities drove oil prices higher, prompting investors to cut exposure to cryptocurrencies and other risk assets. The world’s largest digital token traded near $62,000 after touching an intraday low around $61,700, extending a pullback that spread across Ether, XRP and Solana. Ether hovered near $1,625, while several large alternative tokens lost between 1 and 3 per cent […]
Wang’s 2-8 July visit to Denmark, Sweden, Finland and Norway came as Brussels and Beijing try to prevent a deepening dispute over industrial subsidies, electric vehicles, market access, export controls and critical minerals from turning into a broader trade confrontation. The trip placed trade, green technology, shipping, healthcare, tourism and scientific innovation at the centre of talks, while allowing Beijing to test whether northern Europe could support a less confrontational EU approach.
The diplomatic push followed high-level trade discussions in Brussels, where both sides agreed to establish a ministerial-level mechanism that would meet once or twice a year. Four negotiation tracks are expected to cover export controls, trade and investment balancing, market access, and supply-chain transparency, with October emerging as a key deadline for measurable progress.
The EU’s trade deficit with China stood at about €360 billion last year, driven by imports of electric vehicles, batteries, solar equipment, machinery and consumer goods. European officials have warned that subsidised Chinese production could put pressure on strategic industries, while Beijing argues that EU restrictions on technology exports and investment screening have politicised commerce.
Wang used the Nordic leg to frame China and Europe as partners rather than rivals. In Copenhagen, he urged Denmark to play a constructive role in stabilising EU-China relations and highlighted cooperation in green shipping, life sciences and tourism. Denmark holds political weight in Brussels through its support for open trade, but it has also backed a firmer European line on economic security and resilience.
The tour carried symbolic value. It was the first visit by a Chinese foreign minister to Denmark in 15 years and to Sweden in 22 years. Sweden is China’s largest trading partner in the Nordic region, but relations have faced strain over human rights, security policy and Europe’s concerns over dependence on Chinese technology. Wang met Prime Minister Ulf Kristersson and Foreign Minister Maria Malmer Stenergard in Stockholm, where the talks covered bilateral ties and the wider EU agenda.
Finland added a sharper security dimension to the visit. President Alexander Stubb and Foreign Minister Elina Valtonen have supported a more cautious European posture towards Beijing, particularly since Russia’s war in Ukraine reshaped the security debate across northern Europe. Finland’s accession to NATO has also altered the regional balance, placing Helsinki firmly inside the transatlantic security framework. Trade dialogue with Beijing therefore sits alongside hard questions over Russia, technology transfer and strategic infrastructure.
Norway, the final stop, offered Beijing a more pragmatic opening. Oslo is outside the EU but closely tied to the single market through the European Economic Area. Its energy, maritime and seafood industries give it economic links with China, while Norway’s diplomatic tradition allows space for dialogue even during periods of political tension. Wang’s meeting with Foreign Minister Espen Barth Eide was expected to focus on trade, green transition and international security.
Beijing’s message is that the EU should expand trade rather than restrict it. China has signalled willingness to increase imports from Europe and improve communication over trade frictions. It has also pressed Brussels to ease restrictions on high-tech exports and avoid measures that it views as protectionist. European negotiators, however, want more than general assurances. They are seeking concrete steps to narrow the trade gap, improve access for European firms, and curb state-backed overcapacity in sectors where Chinese exports have surged.
The most sensitive issue remains electric vehicles. The EU imposed duties on battery-powered cars made in China after concluding that state support had distorted competition. Chinese manufacturers have responded by looking more seriously at European production sites, including plants in Hungary and other markets, to maintain access to consumers while reducing tariff exposure. The dispute has become a test case for whether Brussels can defend industry without triggering retaliation that would hit exporters, luxury brands, agriculture and aviation.
Rare earths and critical inputs have become another pressure point. China dominates several stages of processing for materials used in clean energy, defence and advanced manufacturing. European officials are trying to reduce exposure without severing commercial links. Beijing retains leverage through licensing and supply-chain controls, while the EU is developing tools to diversify sourcing, screen investment and support domestic production.
The Reserve Bank of India has renewed its support for keeping cryptocurrency away from the formal financial system, reviving the prospect of a tougher national policy on private digital assets even as millions of users continue to trade through domestic and offshore platforms. Government documents and briefings to a parliamentary panel point to a policy line that leans towards prohibition rather than licensing. The central bank has […]
Ripple has secured full authorisation under the European Union’s Markets in Crypto-Assets framework, clearing the San Francisco-based blockchain payments company to expand regulated crypto services across the European Economic Area. The approval, granted through Luxembourg’s financial regulator to Ripple Payments Europe S. A., gives the company a Crypto Asset Service Provider licence and allows it to passport services across 30 EEA markets. It follows a preliminary clearance […]
Global equities advanced after weaker US employment figures reduced expectations of an imminent Federal Reserve rate increase, pushing investors back into risk assets while lifting gold and easing pressure on the dollar. The rally followed the June employment report, which showed non-farm payrolls rising by 57,000, well below market expectations of roughly 110,000. The unemployment rate eased to 4.2 per cent, but the decline was clouded by […]
Germany have opened talks with Jürgen Klopp after Julian Nagelsmann left the national coaching job following the team’s World Cup exit to Paraguay, setting up a possible high-profile return to the dugout for one of the country’s most successful modern managers. The German Football Association confirmed Nagelsmann’s departure with immediate effect after the national side’s elimination in the last 32 of the 2026 FIFA World Cup in […]
By R. Suryamurthy Every war leaves behind shattered cities, broken societies and grieving families. But some wars destroy something less visible yet infinitely more consequential: faith in the institutions created to prevent humanity from repeating history’s darkest chapters. The latest report of the United Nations Independent International Commission of Inquiry on Israel and the Occupied […]
The article Latest UN Report On Israel Occupied Territories Exposes The Ruthlessness Of Atrocities appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai SolitAir has launched its first flight to Sofia, Bulgaria, opening the Dubai-based cargo carrier’s first operational route into Europe and extending its network beyond the Global South as it seeks a larger role in time-sensitive regional freight. The service marks a new phase for the airport-to-airport cargo airline, which is based at Dubai World Central and has built its early network around underserved […]
A Brazil-linked banking trojan has shifted its focus to Spain and Portugal, using fake PDF files, hidden code and location checks to reach banking customers while keeping analysts and automated security tools away from its payload. The malware, known as Ousaban or Javali, has long been associated with attacks on financial users in Brazil. Its latest campaign shows a more selective and evasive operation aimed at Windows […]
Arabian Post Staff -Dubai Iran has rejected French involvement in clearing mines from the Strait of Hormuz, declaring that Tehran alone will manage security operations in the strategic waterway under its memorandum of understanding with the United States. The rejection, delivered by Deputy Foreign Minister Kazem Gharibabadi, followed President Emmanuel Macron’s offer for France to work with Oman and other partners on demining and safe passage through […]
China widened its export-control campaign against Japan by placing 40 more entities under restrictions, intensifying a political and security feud with Prime Minister Sanae Takaichi’s government over defence policy, Taiwan and the use of critical dual-use technologies. The measures announced on Monday add 20 entities to a restricted export list and place another 20 on a watch list, tightening Beijing’s scrutiny of Chinese-origin goods, software and technology […]
