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First Half

AMD has outlined a long-term server processor roadmap extending to 2030, placing its Florence and Ravenna chips at the centre of a broader push to capture demand from artificial intelligence, cloud computing and high-performance data centres. Florence, based on the planned Zen 7 architecture, is targeted for 2028 as part of AMD’s seventh-generation EPYC processor family. It is scheduled to be followed by Ravenna, an eighth-generation EPYC […]

Ransomware attacks on universities rose during the first half of 2026 as a fast-expanding cybercrime operation called The Gentlemen intensified its focus on higher education institutions across several continents. Higher education attacks increased by more than 8% compared with the second half of 2025, even as ransomware incidents across the broader education sector fell by 13%. Researchers recorded 104 attacks on schools, colleges and universities worldwide between […]

Arabian Post Staff -Dubai Aldar has launched Marsa Al Saadiyat, a Dh100 billion mixed-use waterfront development completing the final phase of Saadiyat Island’s masterplan and expanding Abu Dhabi’s luxury property, tourism and cultural offering. The development will cover 6.4 million square metres and accommodate more than 58,000 residents. It will include Abu Dhabi’s largest marina, luxury hotels, branded residences, private mansions, villas, apartments, schools, healthcare facilities and […]

Advanced Micro Devices has launched a rack-scale artificial intelligence platform built around its next-generation accelerators, processors and networking technology, stepping up its attempt to weaken Nvidia’s hold over the fast-expanding AI infrastructure market. The Helios system, unveiled at AMD’s Advancing AI event at San Francisco’s Moscone Center, is now in full production and is scheduled to begin shipping before the end of the third quarter of 2026. […]

Arabian Post Staff -Dubai Dubai’s off-plan property boom is pushing developers to offer more distinctive architecture, stronger lifestyle concepts and higher construction standards as buyers become increasingly selective in the emirate’s crowded luxury housing market. The real estate sector recorded about 87,800 transactions valued at AED291.7 billion during the first half of 2026. Off-plan properties represented 71 per cent of all deals, underlining the central role of […]

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 […]

Craneware has disclosed a cyberattack that allowed an unauthorised party to extract employee information and records linked to customers and business partners, raising fresh concerns about technology supply-chain risks across the US healthcare sector. The Edinburgh-based healthcare software provider said attackers gained access to a limited section of its data environment. A significant volume of file names was viewed and removed, while an unspecified proportion of employee […]

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Arabian Post Staff -Dubai Dubai Future District Fund has expanded its portfolio to 30 investments, confirming that the future is now sufficiently diversified to survive several pitch decks, two market corrections and at least one founder describing an ordinary payment service as “transformational infrastructure”. The fund made eight new investment commitments during 2025, including five venture capital funds and three high-growth companies. Its portfolio now consists of […]

Arabian Post Staff -Dubai The UAE economy has withstood disruption from the Middle East conflict, supported by strong financial reserves, rapid policy intervention and continued strength across banking, trade and logistics, the International Monetary Fund has said. An IMF staff team completed a visit to Abu Dhabi and Dubai from July 7 to 16, holding discussions on economic conditions, financial-sector performance and policy priorities. The meetings also […]

Recognition highlights the TrendAI™ partner-first platform model, ecosystem expansion, and AI-driven tools supporting partner-led growth

HONG KONG SAR – Media OutReach Newswire – 16 July 2026 – TrendAI™, the enterprise AI security leader from Trend Micro Incorporated (TYO: 4704; TSE: 4704), is celebrating its fourth consecutive year as a Champion in the Omdia Global Cybersecurity Leadership Matrix 2026. The report evaluated 24 security vendors across both Momentum and Leadership dimensions, recognizing TrendAI™ in the top three for continuous commitment to building one of the industry’s most capable and rewarding partner ecosystems.

According to Omdia, Champion status reflects strong channel management, robust market performance, and a proactive approach to advancing the cybersecurity partner ecosystem.

Matthew Ball, Chief Analyst at Omdia: “TrendAI™ reaffirmed its position as a Champion by focusing its portfolio on the unified TrendAI Vision One™ platform and establishing the Global Partner Office. A flexible consumption model increased recurring revenue and improved margin predictability, while the refreshed Partner Portal, expanded enablement, and AI-driven tools supported significant Partner Program adoption, partner-led renewals, and services-led growth globally.”

Sanjay Mehta, Senior Vice President, Global Partner Office at TrendAI™: “Omdia’s findings reflect the progress we are seeing across our global partner ecosystem as we continue to make the TrendAI™ Partner Program more impactful, profitable, and services-led. In the first half of 2026, partner-driven deal registration value grew 2.3x YoY, reaching $1.47 billion. This momentum reflects the trust partners are placing in TrendAI™, the strength of our platform-first strategy, and the growing opportunity for partners to deliver AI-powered security outcomes through TrendAI Vision One™.”

Omdia cited several partner-focused drivers behind this Champion designation:

  • A strategic commitment to AI security was solidified through the rebrand from the enterprise business unit of Trend Micro to TrendAI™, delivering best-in-class threat intelligence and AI-driven virtual patching capabilities that help customers stay ahead of emerging threats and vulnerabilities
  • Partner momentum accelerated with an emphasis on expansion-focused playbooks which drove strong growth in multi-solution and service attachment and resell motions
  • Increased recurring revenue and improved margin predictability through a flexible consumption model which drove a 759% increase in adoption of TrendAI Vision One™ for service providers and continues to provide infinite flexibility and faster time to value
  • Simplified partner-led demand generation and deal qualification through the introduction of TrendIQ for Partners, a dedicated LLM for partners giving intuitive access to validated product and program information. These tools helped partners generate 7.8K automated playbooks and run 12.5K TrendAI Vision One™ demos in H1 2026, accelerating customer engagement, co-marketing , and services-led growth
  • TrendAI™ will deepen its platform and partner-first model, and continue to expand its partnerships ecosystem, co-selling with alliances such as NVIDIA, AWS, Anthropic, Databricks, and OpenAI

The TrendAI™ partner-first approach is also reflected in the experiences of partners globally.

Rob Swainson, Director at Blue Cube Security: “It’s not just about great technology—it’s about having a partner that genuinely cares about helping us deliver the best outcomes for our customers, based on what’s right for each customer. That shared commitment to customer outcomes is what makes this partnership so valuable.”

To read a full copy of the report, visit our website.

Hashtag: #trendai #trendaivisionone #visionone #trendmicro #omdia




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

About TrendAI™

TrendAI™, the global AI security leader and enterprise business unit of Trend Micro, empowers organizations with full AI visibility and consolidated security that inspires confidence, drives innovation, and eliminates risk. Trusted by the largest enterprises and governments across 185 countries, TrendAI™ secures the entire organization, from identities to infrastructure to data. Global Fortune 500 companies rely on TrendAI™ to cut risk and stop threats up to three months earlier, powered by world-leading threat and attack intelligence. Through deep ecosystem partnerships with market leaders like NVIDIA, Anthropic, AWS, Google, and Microsoft, TrendAI™ empowers your organization to securely drive forward at the speed of AI. AI Fearlessly. Learn more at trendaisecurity.com.

By K Raveendran Nitin Gadkari has invested considerable political capital in presenting ethanol-blended petrol as a national solution to several problems at once. It is meant to cut India’s crude oil import bill, reduce emissions, support farmers, create a market for agricultural produce and strengthen energy security. Each of these objectives has merit. Yet the […]

The article Gadkari’s Ethanol Defence Is Losing The Public Argument appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Artificial intelligence is making cyber attackers faster and more effective while creating new security weaknesses through autonomous software tools, malware and increasingly sophisticated social-engineering campaigns. ESET’s Threat Report for the first half of 2026 found that criminals are using AI less as a substitute for technical expertise than as a force multiplier. The technology is helping attackers prepare convincing lures, automate repetitive work, adapt malicious code and […]

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).

Shein Global Holdings is preparing to raise as much as $3 billion through a Hong Kong initial public offering that could begin as early as August, after securing a long-awaited clearance from China’s securities regulator.

The online fashion retailer is considering an offer of between $2 billion and $3 billion, although the final size will depend on its valuation, investor demand and prevailing market conditions. The timetable could also change as the company completes the remaining stages of Hong Kong’s listing process.

Shein is scheduled to face the Hong Kong Stock Exchange’s listing committee this week. Approval at the hearing would allow the company and its advisers to move towards investor presentations, price discovery and bookbuilding.

Some people involved in the process expect the shares to begin trading in September or October rather than August, reflecting the time required to complete regulatory documentation and market the offer to institutional investors. A successful listing would rank among Hong Kong’s largest consumer-sector flotations in years.

China’s securities regulator has approved the proposed sale of up to 341.6 million H shares. The clearance removed one of the biggest obstacles confronting Shein, which submitted confidential listing documents in Hong Kong about a year ago after encountering difficulties in New York and London.

The company could seek a valuation of between $40 billion and $50 billion. That would represent a sharp retreat from the $100 billion valuation achieved during a private funding round in 2022, when pandemic-era online shopping growth and investor enthusiasm for digital retail pushed its value above several established fashion groups.

Shein was valued at about $66 billion in 2023. The lower range being discussed for the Hong Kong offer reflects tighter investor scrutiny, greater competition, changing customs rules and concern over the durability of its low-cost cross-border business model.

The retailer, founded in Nanjing in 2012 by entrepreneur Sky Xu and now headquartered in Singapore, sells inexpensive clothing and lifestyle products across roughly 150 markets. Its data-driven system tests products in small batches, measures consumer demand and orders additional stock when items gain traction.

That model has helped Shein respond rapidly to fashion trends while limiting unsold inventory. It has also placed pressure on traditional retailers and brought intense scrutiny of production volumes, environmental impact, working conditions and supplier oversight.

Although Shein has positioned itself as a global company, much of its manufacturing network remains concentrated in China, particularly around Guangzhou and other parts of Guangdong province. That dependence brought the company within the scope of China’s overseas-listing review system despite the relocation of its corporate headquarters.

Shein previously pursued a New York flotation but faced political resistance and demands for deeper examination of its supply chain, data practices and alleged exposure to forced labour in Xinjiang. The company has said it maintains a zero-tolerance policy towards forced labour and requires suppliers to comply with its sourcing standards.

A subsequent attempt to list in London also stalled. Britain’s financial regulator had cleared the company’s prospectus, but the transaction could not proceed without approval from Beijing. Disagreements surrounding disclosures about supply-chain risks complicated the process.

Hong Kong offers Shein a venue closer to its manufacturing base and within a regulatory framework more acceptable to Beijing. The city’s market, however, may produce a lower valuation than the company once expected from New York or London, where international consumer and technology companies have traditionally attracted broader investor coverage.

The proposed offer comes during a strong period for Hong Kong listings. Companies raised about HK$209.9 billion across 85 new flotations during the first half of 2026, the market’s best first-half performance in five years. A pipeline of hundreds of applicants has strengthened expectations that the city could remain among the world’s leading fundraising centres this year.

Shein’s leadership is also changing as the listing approaches. Executive chairman Donald Tang is expected to step down and continue as a senior adviser. Tang played a central role in the company’s engagement with governments, regulators and investors during its attempts to secure a Western listing.

Xu is expected to take a leading role in presenting the investment case to prospective shareholders. Investors are likely to examine Shein’s growth prospects, profit margins and ability to adapt to customs changes, particularly the removal of duty-free treatment for low-value packages entering the United States from China and Hong Kong.

PERFORMANCE HIGHLIGHTS (H1 2026)

  • Revenue increased to US$113.2 million (up 23.8% YoY), driven by the 2 January 2026 acquisition of the Active Apparel Group Pty Ltd and Active Apparel Group (America) LLC (“AAG”) business which is now successfully integrated into the Group’s platform
  • Net profit grew to US$ 5.4 million representing a 1.8% increase YoY, after absorbing one-off integration costs arising from the AAG acquisition

STRATEGIC DEVELOPMENT

  • Deployed proprietary Product Lifecycle Management (“PLM”) system and in-house AI engine, advancing our transformation into a tech-enabled apparel platform and driving greater operating leverage

SHAREHOLDER RETURNS

  • Interim dividend maintained at HK3.0 cents per share, reflecting confidence in cash generation

HONG KONG SAR – Media OutReach Newswire – 13 July 2026 – Lever Style Corporation (HKEX: 1346, “Lever Style”), the world’s premier apparel production platform, today reported financial results for the six months ended 30 June 2026.

For the first half of 2026, Lever Style recorded a return to top-line growth. Following a defensive strategy in 2025 aimed at managing credit risk, the Group recorded total revenue of US$113.2 million, representing a 23.8% increase compared to the same period last year. “This revenue expansion was driven by the 2 January 2026 acquisition of the AAG business, which has now been integrated into our operating platform, providing a broader foundation for our growth trajectory.” said William Tan, CEO of Lever Style.

Navigating Integration for Long-Term Value

“While revenue expanded substantially, net profit for the period grew to US$5.4 million, representing a by 1.8% increase, compared to the first half of 2025. This short-term pressure on our bottom line reflects one-off, upfront integration costs. These primarily included temporary staff duplication costs as we merged workflows, systems, and personnel. We regard these transitional costs as necessary investments to secure the structural, long-term profitability of the acquired business.” Mr. Tan added.

With the integration phase now largely completed, the group’s cost structure is better optimized, and the group will enjoy the operating leverage that enhanced scale provides.

Strategic Technology & In-House AI Solutions

The group’s platform-based strategy continues to progress, converting its operational capabilities from a traditional apparel supplier into a tech-enabled enterprise. During the period under review, Lever Style successfully developed and deployed its own PLM system, among other solutions. These internal enterprise systems are designed to enhance workflow transparency, accelerate speed-to-market, and reduce waste across the group’s asset-light supply chain.

Capitalizing on its expanding internal R&D capabilities, the group has also customized AI solutions to fit its specific business model. Rather than relying on generic off-the-shelf software, these proprietary tools support day-to-day merchandiser productivity and factory coordination, reinforcing Lever Style’s long-term competitive advantage.

Market Outlook: Premium Resilience in a K-Shaped Economy

“The US market—our primary market—has proven surprisingly resilient through the first half of 2026. However, underneath the headline figures lies a visible ‘K-shaped’ economic split: a highly promotional and pressured middle market where retail liquidity remains tight and consumers are value-sensitive, and a premium/affluent tier of high-income consumers whose discretionary spending remains relatively stable, sustaining steady demand for premium products and services.” Stanley Szeto, Executive Chairman of Lever Style, commented.

Lever Style remains largely insulated from mass-market volatility due to its focus on upscale designers and premium fashion brands. Because the group’s brand portfolio aligns with this more resilient premium sector of the market, it remains well-positioned to navigate current economic conditions.

Future Prospects & Financial Synergies

Looking toward the second half of 2026 and into 2027, the group’s strategic roadmap focuses on three primary operational and financial levers:

  • AAG Bottom-Line Contribution: With major integration headwinds resolved, the AAG activewear business is expected to start contributing to the bottom line in H2 2026, with net profit margins of this business targeted to improve steadily, with the aim of approaching the margin profile of Lever Style’s legacy business in 2027.
  • Targeting Operating Leverage: As expanded volume is funneled through the group’s upgraded digital platform, Lever Style is targeting synergies from operating leverage across its vendor network, allowing fixed overheads to be managed more efficiently.
  • Pursuing M&A Opportunities: By integrating the AAG business, Lever Style has demonstrated the scalability of its own platform. Consequently, the group remains active in evaluating a pipeline of further value-accretive acquisitions to expand its product capabilities and geographical production footprint.

“The Group has completed the primary phases of integration, upgraded its technology base, and remains aligned with the more resilient segments of consumer demand. The Board remains confident in our underlying business model and our ability to deliver long-term value to shareholders.” Mr. Szeto concluded.

For more details, please visit: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0713/2026071300602.pdf

Hashtag: #LeverStyle





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

Lever Style Corporation

Listed on the Hong Kong Stock Exchange, Lever Style (HKEX 1346) is the world’s premier apparel production platform for premium contemporary and designer brands such as Alexander Wang, Theory, Todd Snyder, and Aimé Leon Dore; active and performance brands such as Arc’teryx, Columbia Sportswear, Helly Hansen, Spanx, Skims, and J.Lindeberg; and digitally native brands and platforms such as Mizzen+ Main and Bonobos.

Our supply chain solutions encompass fashion design, prototype development, raw material procurement, production, quality control, and logistics. Our innovative, modularized multi-country platform delivers high-mix, low-volume orders and reduces excess inventory and stockouts. Our versatile approach is rooted in decades of technical expertise gained from working with many of the world’s highest-quality and most demanding brands. We support production for 175 brands through a network of more than 150 factories across eight countries: Vietnam, China, Indonesia, Bangladesh, Cambodia, Sri Lanka, India and Thailand. A certified B Corp, Lever Style is a committed ESG leader in the apparel production sector.

MANILA, PHILIPPINES – Media OutReach Newswire – 13 July 2026 – Skyro, a digital-first consumer finance platform, today announced the nationwide rollout of SkyroCredit, its reusable digital credit line, making it available to all eligible customers across the Philippines. The launch follows a pilot phase that attracted more than 100,000 users who have used SkyroCredit for everyday purchases, including groceries, medicines, fuel, and dining. Skyro is also exploring opportunities in Southeast Asian markets to tackle financial exclusion.

SkyroCredit is a reusable, revolving digital credit line that provides access to a fixed credit limit without a plastic and without relying on the Visa or Mastercard networks. Once approved, a customer’s credit is available within the Skyro app and can be used instantly by scanning any QR Ph code, the Philippine QR payment standard accepted at more than 90% of merchant outlets nationwide. Leading merchants include SM, Mercury Drug, Watsons, Jollibee, McDonald’s, and DALI Supermarket. Customers can borrow, repay the amount they have used, and reuse the same credit limit without reapplying.

NasimAliev, Skyro co-founder, said:
“Our goal is to provide access to affordable credit for underserved communities across Southeast Asia at a time when everyday expenses continue to rise and consumers’ financial priorities are evolving.

“Today’s consumers need financial solutions built around real-life spending needs and changing financial priorities. With SkyroCredit, we bring flexible financial solutions to our customers’ fingertips. The credit line offers all the benefits of flexibility, including an interest-free grace period. This provides customers with maximum convenience for everyday use while even allowing them to save money through cashback.

“By expanding our portfolio of point-of-sale loans, cash loans, and Buy Now, Pay Later (BNPL) products to include flexible credit lines, we are building long-term customer relationships based on everyday use, responsible borrowing, and trust.”

Eligible customers receive initial credit limits of PHP 1,000 to PHP 10,000 (approximately USD 17 to USD 170), with the opportunity to increase their limit to as much as PHP 100,000 through regular, responsible use. Purchases carry 0% interest for up to 45 days. Every purchase also earns 1% cashback, which customers can redeem on future purchases through the app.

Skyro’s expansion into reusable digital credit addresses one of Southeast Asia’s largest financial inclusion opportunities by enabling sustained customer engagement. According to the Bangko Sentral ng Pilipinas, the central bank of the Philippines, only half of Filipino adults have a formal financial account. As QR-based payment networks continue to expand across the region, Skyro can leverage this infrastructure to deliver accessible digital credit products that meet growing consumer demand.

Hashtag: #Skyro #SkyroCredit #DigitalCredit

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

About Skyro

Skyro is a high-growth, digital-first fintech group delivering scalable, responsible access to financial services across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning and alternative data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved customer segments at scale.

In just three years, Skyro has grown to serve over one million active customers in the Philippines, underpinned by a robust credit portfolio exceeding $200 million. The company’s strategic ambition is to establish itself as the preeminent full-spectrum financial services group across dozens of emerging markets worldwide.

Arabian Post Staff -Dubai Ajman Bank has opened a corporate office on Sheikh Zayed Road in Dubai, strengthening its capacity to serve companies, institutions, business owners and wealth-management clients across the UAE’s largest commercial centre. The 7,565-square-foot office has been designed as a specialised hub for corporate, business and wealth banking. It combines private meeting areas with digital screens, advanced audiovisual systems and smart technology intended to […]

Spain reached the World Cup quarter-finals by beating Portugal 1-0 in Arlington, Texas, while setting a tournament record with a sixth consecutive match without conceding a goal. Mikel Merino scored in the 91st minute to settle a tight Round of 16 tie at AT&T Stadium, sending Spain through and ending Portugal’s campaign after a match shaped more by control, discipline and defensive concentration than attacking fluency. The […]

Samsung Group and SK hynix have laid out investment plans worth about $174 billion for South Korea’s Chungcheong region, expanding the country’s drive to secure a stronger position in artificial intelligence chips, advanced packaging, displays and next-generation battery materials.

The commitments, unveiled at a government-backed industrial development event in Asan, place Chungcheong at the centre of a broader strategy to spread high-technology manufacturing beyond the Seoul metropolitan area and existing semiconductor clusters. President Lee Jae Myung praised the companies’ “bold decision” and called for faster execution of major industrial projects, warning that global competition in semiconductors and artificial intelligence will reward countries that move with speed on permits, power, water and land.

Samsung plans to invest 140 trillion won, or about $90 billion, across the central region. The programme covers display panels, high-bandwidth memory-related capacity, semiconductor packaging substrates, batteries and other core materials. The group’s plan is expected to reinforce manufacturing links between Samsung Electronics, Samsung Display, Samsung SDI and Samsung Electro-Mechanics, whose operations span chips, OLED screens, batteries and electronic components.

SK hynix said it would invest 100 trillion won, or about $64 billion to $72 billion depending on exchange-rate calculations, in Cheongju, North Chungcheong Province. The plan includes the M17 NAND flash memory fabrication plant and P&T7, an advanced packaging and test facility. M17 is scheduled to break ground in 2026 and begin operations in the first half of 2029, while P&T7 is targeted for completion by the end of 2027.

The Cheongju expansion is intended to strengthen SK hynix’s NAND business and add back-end capacity at a time when artificial intelligence systems are raising demand for both high-performance memory and storage. While high-bandwidth memory has received the strongest investor attention because of its role in AI accelerators, large-scale data centres also require more NAND-based storage as models, user data and enterprise workloads expand.

The Chungcheong plan follows a wider national push in which Samsung Electronics and SK hynix are expected to invest hundreds of billions of dollars in new chipmaking hubs over the next decade. The government has framed the initiative as a “triple axis” strategy built around semiconductors, physical AI and data centres, with the aim of building industrial strength outside the traditional capital-area manufacturing corridor.

For Samsung, the Chungcheong investment gives the group a regional base for several linked supply chains. OLED production in Asan and surrounding areas can support premium smartphones, tablets, monitors and automotive displays. Battery investment strengthens Samsung SDI’s role in electric mobility and energy storage, while semiconductor materials and packaging substrates address one of the key bottlenecks in AI hardware production.

For SK hynix, Cheongju already has semiconductor infrastructure, making it a faster route for expansion than a greenfield project. The company has been one of the largest beneficiaries of the AI memory boom, helped by demand for high-bandwidth memory used with Nvidia graphics processors. Its latest investment signals that the company is also preparing for broader memory demand, including NAND and advanced packaging.

The scale of the commitments underlines the strategic importance of memory chips to South Korea’s economy. Samsung Electronics and SK hynix are the world’s two largest memory chipmakers, with dominant positions in DRAM and a major presence in NAND. Their investment decisions affect global supply, pricing expectations and the pace at which cloud companies can build AI infrastructure.

The programme also carries risks. Semiconductor investment cycles have often produced periods of oversupply after large capacity expansions. Investors have shown caution over whether the current AI-driven boom can absorb the output planned by the industry, especially if data-centre spending slows or if memory pricing weakens before new factories reach full capacity.

Infrastructure remains another challenge. Advanced chip plants require stable electricity, ultra-pure water, skilled engineers and rapid permitting. Lee’s comments on execution reflect concern that delays could undermine the industrial strategy. Local governments are expected to face pressure to accelerate utility connections, transport links and land-use approvals while managing environmental and community concerns.

Regional development is a central political theme of the initiative. By placing more advanced manufacturing in Chungcheong and other areas outside Seoul’s orbit, the administration is seeking to reduce economic concentration and create high-value jobs in provincial cities. That ambition will depend on whether new factories attract suppliers, research teams and service industries rather than functioning as isolated production sites.

Attackers are hiding machine-readable instructions inside websites to manipulate AI agents, turning ordinary web pages into a new security battleground as automated systems begin browsing, summarising and acting on behalf of users. Zscaler’s ThreatLabz has documented two live campaigns using indirect prompt injection, a technique in which malicious instructions are planted in third-party content that an AI system reads during a task. Unlike a direct prompt attack, […]

Arabian Post Staff -Dubai Almarai’s second-quarter revenue rose 11 per cent year on year to SAR5.87 billion, as stronger demand for dairy, poultry and bakery products helped the Riyadh-listed food group absorb higher shipping, energy and raw material costs. The company’s first-half revenue reached SAR12.03 billion, up 9 per cent from the same period last year, reinforcing its position as one of the Gulf’s most closely watched […]

Dutch prosecutors have summoned Tata Steel IJmuiden B. V. to face criminal proceedings over alleged unlawful pollution from its vast steelworks on the North Sea coast, escalating a long-running dispute over emissions, public health and industrial regulation in the IJmond region.

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.

Norway reached the World Cup quarter-finals for the first time after Erling Haaland struck twice late on to seal a 2-1 win over Brazil in East Rutherford, New Jersey, ending the five-time champions’ campaign at the last-16 stage. Haaland broke the deadlock in the 79th minute with a powerful header and added a second in the 90th minute, turning a tight knockout match into one of the […]

Cape Verde’s breakthrough World Cup campaign ended in Miami Gardens after the Blue Sharks pushed defending champions Argentina to extra time before falling 3-2 in a round-of-32 match that turned one of the tournament’s smallest teams into one of its defining stories. Argentina advanced to a round-of-16 meeting with Egypt, but the night belonged almost as much to Cape Verde, whose players twice came from behind and […]

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