President Donald Trump is advancing plans to nominate Ryan Baasch, a senior aide within the White House’s economic policy team, for a commissioner seat at the Federal Trade Commission. Sources familiar with the matter say the 37-year-old special assistant at the National Economic Council would step into the post vacated by Commissioner Melissa Holyoak, who is expected to be tapped for the role of U. S. Attorney […]
Engineering firm ABB India has announced a 25 per cent increase in the production capacity of variable speed drives at its Peenya facility in Bengaluru. The expansion involves a newly installed production line equipped with advanced automation and sensor-based monitoring, and is aimed at boosting local manufacturing, reducing lead times and supporting domestic industry sectors such as buildings, data centres, water, cement and metal processing.
The new manufacturing line is reported to slash lead-times by up to 40 per cent while enabling more customer-specific configuration of high-power drives. According to AR Madhusudan, Business Line Manager, Drive Products at ABB India, “As we mark two decades of drives production in India, this expansion reinforces our strong commitment to advancing local production capabilities and delivering energy-efficient technologies for India’s industries.” The upgrade is said to align with the country’s wider ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives and reflect the Group’s deployment of Industry 4.0-style automation.
The enhanced line integrates robotics for the assembly of key components and digital monitoring tools for real-time visibility of operations, designed to boost productivity while reducing manual handling and improving safety. Tuomo Hoysniemi, Division President for Drive Products in ABB Motion, stated the move supports the firm’s global push to help industries become leaner and cleaner by localising production and strengthening ecosystem proximity to customers.
Driven market demand for energy-efficient drives has been growing rapidly, as industries seek to reduce electricity consumption and enhance operational performance. VSDs allow electric motors to adjust speed to match demand, which in turn lowers energy use and improves process control. ABB’s upgrade adds capacity for large-power-rated drives to meet higher performance needs in key industry verticals.
The decision to bolster local manufacturing forms part of ABB’s broader global strategy. The firm has previously stated it aims to achieve over 90 per cent local production in key markets including India, to mitigate supply-chain risk and respond more nimbly to demand. Outside India, ABB has increased investment in the U. S. and Europe to expand local production capacity for electrification equipment and industrial automation.
Industry analysts note that with growing pressure on carbon emissions as well as rising electricity costs, the demand for high-efficiency drives is set to rise steadily. Manufacturing localisation also delivers benefits such as reduced logistics cost, faster service and improved customisation, especially when the line can deliver “made-to-order” drives to match client specifications.
In India, the upgrade is also timed with the global celebrations by ABB of 50 years of innovation in drives and two decades of drives production in India. The move is expected to strengthen ABB India’s position among competitors in the domestic automation market, in which other firms are also investing in local ecosystem capabilities and digital manufacturing.
However, challenges remain. While localisation reduces lead times and improves responsiveness, it also requires ongoing investment in workforce skills, digital infrastructure and supply-chain resilience. The extent to which the upgraded line will translate into significantly higher market share for ABB India or broader cost advantages remains to be seen. Similarly, customer uptake may depend on the long-term savings delivered by the drives and the availability of after-sales support in the regions targeted.
Greenlogue/AP Abu Dhabi Future Energy Company PJSC – Masdar has secured two large-scale solar photovoltaic projects in Saudi Arabia, with a combined capacity of 2 gigawatts, under the country’s sixth round of the National Renewable Energy Programme. One facility, located in Najran Province, will deliver 1,400 megawatts, and the other, in Jizan Province, will provide 600 MW. Both projects will operate on a build-own-operate basis and are […]
BANGKOK, THAILAND – Media OutReach Newswire – 30 October 2025 – Charoen Pokphand Foods Public Company Limited (CPF) of Thailand and NH Foods Ltd. of Japan, two leading food companies in Asia, join forces to establish a new joint venture, CPF NH Foods Co., Ltd. This partnership unites leading capabilities in innovation, food safety, high-quality protein production, and sustainable manufacturing processes to serve the rising demand for […]
Tax authorities in the Russian Federation are confronted with mounting pressure to modernise the treatment of derivative financial instruments as the emergence of crypto derivatives reshapes global markets. The current framework within the Tax Code of the Russian Federation continues to rely on classifications such as delivery versus settlement derivatives and hedging versus speculative transactions, yet these criteria are increasingly ill-suited to evolving instruments. Research by Oleg […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 October 2025 – VIOMI, a leading global brand specializing in AI-driven water purification technology, officially launched its latest countertop AI water purifier, “inno”, in Malaysia. The launch event featured Malaysia’s renowned singer Shila Amzah, who was recently appointed as VIOMI’s Brand Ambassador. Shila attended the event in person, joining distinguished guests and media representatives to witness the debut […]
By K Raveendran New Delhi appears to be recalibrating its crude-oil sourcing strategy under mounting pressure from Washington, signalling what may be a strategic shift away from Moscow in favour of deeper ties with the United States. Over the past few months, Indian refiners, including the major private player Reliance Industries, have ceased or paused […]
The article India’s Energy Pivot Under Donald Trump’s Tariff Pressure appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
LISHUI, CHINA – Media OutReach Newswire – 29 October 2025 – At the 78th World Health Assembly in Geneva earlier this year, a rural healthcare project from eastern China drew global attention. The mountain county of Jingning She Autonomous County in Zhejiang’s Lishui City introduced its “Smart Mobile Hospital + AI” model — an innovation that shows how digital transformation can bring quality medical services to remote […]
TOKYO, JAPAN – Media OutReach Newswire – 29 October 2025 – Creww Inc. (Japan Office: Shibuya-ku, Tokyo, Representative: Sorato Ijichi, hereinafter “Creww”), Japan’s leading open innovation platform provider, and Real Madrid Next are pleased to announce the selection of 6 startups for the “Real Madrid Next Accelerator for Asia” Batch 2. About “Real Madrid Next Accelerator for Asia” Batch 2 “Real Madrid Next Accelerator for Asia” Batch […]
Forum invites businesses to Lead with Smart Tech towards Innovation, Resilience, and Growth in today’s digital-first economy KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 October 2025 – Canon today announced its upcoming Think Big Klang Valley Series, happening on 12 November 2025 at the Sheraton Petaling Jaya Hotel. Under the theme of ‘Future-Ready Malaysia: Innovation, Resilience, Growth’, the forum will bring together industry leaders and […]
SINGAPORE – Media OutReach Newswire – 29 October 2025 – Amity Global Institute (AGI) proudly celebrated a significant milestone with the graduation of more than 1,800 students at its Class of 2025 Ceremony, held at the iconic Shangri-La Hotel Singapore. Renowned for hosting world leaders and global occasions, the Shangri-La served as a fitting venue to honour academic excellence, cultural diversity, and the global vision of tomorrow’s […]
Natura Bissé becomes the first and exclusive spa brand in the prestigious ranking of the world’s finest hotels BARCELONA, SPAIN – Comunicae – 29 October 2025 – The Spanish skincare brand takes a key step in its commitment to remaining a global leader in the world of high-end wellness experiences, becoming the first and exclusive “Official Spa Brand” of The World’s 50 Best Hotels, the global authority […]
A wave of advanced phishing campaigns is exploiting a novel combination of social engineering and browser-cache manipulation to infiltrate systems without triggering typical security alerts. The technique begins when a user is tricked into visiting a phishing webpage that pretends to be a trusted application—such as a VPN compliance checker. The danger lies in the instruction to copy and paste a network path into the Windows File […]
The national assembly’s Committee on Agriculture launched a week-long oversight tour of the Eastern Cape that began with a visit to the Eastern Cape Rural Development Agency-backed macadamia and citrus programmes, signalling heightened focus on agricultural transformation and small-farmer inclusion. The delegation arrived in the Raymond Mhlaba local municipality to meet traditional authority Chief Siseko Maqoma and inspect packhouse operations in the Kat River/Seymour area, before moving […]
The US stock market continues to surge, its strength underpinned by robust earnings and an easing policy stance from the Federal Reserve. AI remains the defining force, lifting productivity expectations and propelling capital spending. Wall Street is still the engine of global growth, but attention is beginning to turn elsewhere. A growing number of market participants see the next major wave forming in Asia, led by China […]
BARCELONA, SPAIN – Media OutReach Newswire – 28 October 2025 – OPPO’s global launch of the Find X9 Series reinforces its continued commitment to the high-end segment. This move coincides with the brand’s global user base exceeding 740 million, reflecting its success in engaging new generations through user-centric innovation. “OPPO is advancing its brand and user experience with a clear focus on the new generation of global […]
Showed Growing Interest in Healthcare Technology Event Featured a 30-second AI Retinal Imaging to Screen 55 Health Risks Instantly HONG KONG SAR – Media OutReach Newswire – 28 October 2025 – “Prevention is better than cure” is a common saying that reflects the concept of “preventive healthcare,” which advocates for citizens to proactively manage their health in daily life to reduce the future financial burden of treating […]
By R. Suryamurthy As Bihar heads to the polls on November 6 and 11, the contest is being pitched as a battle for identity, justice, and governance. But no matter which side wins—the NDA led by the BJP–JD(U) combine, the opposition Mahagathbandhan under the RJD-Congress, or the insurgent Jan Suraaj of Prashant Kishor—the victor will […]
The article The Battle For The Ballot Cannot Hide Bihar’s Bitter Economic Truth appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
—Hong Kong brand DR H fuses Eastern philosophy and cutting-edge innovation to reshape the global smart wearables landscape. HONG KONG SAR – Media OutReach Newswire – 28 October 2025 – In today’s smart wearables market, the hottest segment of the Consumer Electronics industry, leading brands dominate resources, while endless spec races and price wars leave consumers overwhelmed and uninspired. Beneath this seeming prosperity lies a landscape of […]
Dubai hosted a high-level ministerial roundtable alongside the UAE‑Africa Tourism Investment Summit 2025, assembling officials from more than 20 African nations and the United Arab Emirates to outline an investment mapping totalling about USD 6 billion aimed at boosting tourism, aviation, transport, infrastructure and digital transformation across Africa. The joint ministerial statement forecasts creation of some 70,000 jobs across participating countries. At the meeting, Abdulla bin Touq […]
Powering the Intelligent Age Summit announced the ASEAN AI Safety Network and Sustainable AI White Paper, aligning regional collaboration with sustainability and trust KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 October 2025 – The Ministry of Digital, through the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR), in collaboration with the World Economic Forum (WEF), today hosted the Powering the Intelligent Age: Driving Innovation with […]
Dubai-based Emirates NBD has executed a finance-lease facility supporting the acquisition of two Airbus A321neo aircraft for India’s largest carrier IndiGo, marking the lender’s entry into aviation asset financing and underlining its commitment to the aviation sector. The transaction adds to IndiGo’s sizable fleet growth ambitions and aligns with the UAE bank’s strategy to deepen its aviation-finance capabilities.
Under the deal, Emirates NBD will supply the structured leasing facility enabling IndiGo to secure two A321neo jets, which the airline intends to deploy as it strengthens its domestic network and expands international reach. The airline currently holds an order-book of nearly 900 aircraft across the A320neo, A321neo and A321XLR families.
IndiGo’s Chief Aircraft Acquisition and Financing Officer Riyaz Peermohamed commented: “We are pleased to partner with Emirates NBD on this financing transaction and look forward to building on the success of this transaction and further strengthen our relationship in the future.” Emirates NBD’s Group Head of Wholesale Banking Ahmed Al Qassim said that the deal “demonstrates our ability to provide bespoke financing structures to support the aviation industry’s growth”, and confirmed this marks the bank’s first aircraft finance lease.
The transaction comes amid a broader context of rapid fleet expansion in India’s aviation market. Airbus has indicated that IndiGo and another Indian carrier together are due to receive some 1,260 aircraft, of which around 916 are earmarked for IndiGo alone, making it one of the largest airline backlog commitments globally. On the wide-body front, IndiGo recently converted 30 of its purchase rights into firm orders for 30 additional Airbus A350‑900 aircraft, raising its wide-body order to 60 units and signalling its desire to build a global network reach beyond its low-cost domestic model.
From the lender’s perspective, Emirates NBD is positioning itself as an aviation-finance partner of choice in the Middle East and internationally. The bank’s move into aircraft leasing coincides with a rising investor and lender interest in aviation assets, as carriers renew fleets to improve fuel efficiency and meet higher demand. For IndiGo, this lease transaction adds financing flexibility, diversifies its funding sources and supports the airline’s aircraft-asset strategy at a time when supply-chain headwinds and delivery schedules remain tight in the global aerospace market.
Gold regained momentum as the US dollar’s slide and expectations of a shift in Federal Reserve policy helped lift the metal above the psychologically important $4,000-per-ounce mark. Spot gold rose around 0.7 % to $4,009.39 per ounce, while US gold futures for December delivery edged up to $4,022.10. At the same time, broader factors have introduced both bullish and cautionary signals to the market.
Investor interest is rekindled by the weaker dollar, which makes gold relatively cheaper for buyers holding other currencies, and by widespread anticipation that the Fed will adopt a more dovish stance. The dollar index fell roughly 0.1 % as markets weighed the possibility of rate cuts. At the same time, certain easing in trade-tensions between the US and China has slightly reduced gold’s role as a safe-haven asset. The confluence of these opposing forces has begun to shape a more nuanced outlook for the metal.
Analysts say that the rebound above $4,000 should not be taken as a strong bullish assurance yet. While the technical bounce signals renewed buying interest, momentum must be supported by fundamentals. One market commentator observed that “buyers who were waiting on the sidelines for gold are now being tempted into taking positions at these price levels. Also, we are seeing a bit of softness from the dollar, which is giving gold a reprieve”.
The wider context shows that gold has already surged markedly this year, up more than 50 % in 2025, and reached a record high near $4,381.21 in mid-October. The rally has been fuelled by a combination of geopolitical anxiety, central-bank buying and expectations of monetary easing. But the pull-back seen earlier this week underscores that investor discipline and macro clarity are still required for any sustained rise.
Emerging trends in the market reveal more structural undercurrents. Research from noted finance academics suggests that gold’s role is evolving: it may increasingly function as a high-quality liquid asset, competing with traditional safe-havens and benefiting from de-dollarisation in global reserves. But at the same time, some firms argue the rally may be overstretched: one analysis warned that with gold already up so sharply this year, its next move could be a “mini-bust,” with projections that prices might fall toward $3,500 by 2026 if support from central-bank demand weakens.
Forecasts for 2026 have also shifted. A poll of analysts and traders indicates a median expectation that average gold prices will exceed $4,000 per ounce next year – a milestone in itself – although forecasts vary widely, reflecting both optimism and caution. On the upside, institutions such as Goldman Sachs remain bullish, pointing to potential further gains on the back of monetary accommodation and geopolitical risk. On the downside, if trade tensions ease and inflation moderates, some believe gold could correct.
The interplay between stimulus expectations and dollar dynamics remains crucial. A softer dollar supports gold, but if authorities signal confidence in economic recovery and maintain higher interest rates, gold’s appeal could diminish because it offers no yield. Additionally, the safe-haven narrative is under pressure as expectations of improved US-China relations gain traction, which may lower investors’ impetus to hold gold purely for risk hedging.
Strength in demand from global central banks has supported prices thus far, but market watchers caution that this may face constraints as gold holdings rise and incremental purchases become harder. For now, the up-move above $4,000 may signal a tentative buying opportunity for traders who believe a rate-cut cycle is on the horizon. For longer-term investors though, vigilance remains essential, as valuations are elevated and market dynamics could shift rapidly.
HONG KONG SAR – Media OutReach Newswire – 27 October 2025 – Shanghai Commercial Bank (the Bank) is pleased to celebrate its 75th anniversary with a series of events starting with a landmark exhibition, “From Shanghai to Hong Kong, Connecting the World”, which will be open to the public from 8 November to 5 December 2025. The exhibition chronicles the Bank’s storied journey from its origin in […]
