Arabian Post Staff -Dubai ADNOC Distribution has agreed to buy Shell Downstream South Africa from Shell South Africa Holdings in a transaction that values the business at about $1 billion, giving the Abu Dhabi-listed fuel retailer a large platform in one of Africa’s most developed downstream markets. The definitive agreement covers 100% of SDSA’s share capital, before adjustments for net debt and working capital. Completion is expected […]
Designed to provide timely and flexible capital, these two business financing facilities were developed to enable Shariah-compliant businesses in navigating shifting market demands. Both products are aligned with the Shariah finance principle of Murabahah via Tawarruq concept, delivering transparent, ethical banking solutions to the Malaysian market.
Term Financing-i: Business Growth and Strategic Expansion
Engineered to fund medium to long term growth projects, asset purchases and infrastructure expansion while maintaining a healthy cash flow. AEON Bank Biz’s Term Financing-i offers this flexibility:
*Terms and conditions apply
Working Capital Financing-i: Empowering Business with Liquidity Agility
This financing facility provides a flexible credit line for short term cash flow needs, designed to bridge operational budget gaps and manage financial cycles. With AEON Bank Biz’s Working Capital Financing-i, customers can gain access to the following:
*Terms and conditions apply
A Dynamic Business Banking Experience
Beyond credit line disbursement, AEON Bank Biz serves as a holistic 360-degree, Shariah compliant banking partner for business owners across Malaysia. It enables businesses to manage assets, liabilities, operational financial needs and merchant operations, through a simplified banking process.
At the core of it all is the Business Current Account-i with a dynamic business banking functionality to support businesses to thrive :
*Terms and conditions apply
Empowering Businesses to Scale Sustainably
This latest rollout by a digital bank in Malaysia aligns directly with the national goal to supercharge SME contributions to the domestic Gross Domestic Product (GDP) up to 50% by 2030. In order to achieve that, access to financing, including digital banking solutions remains a key enabler for business growth. In fact, this is where banking institutions and fintech catalysts such as AEON Bank play an important role in achieving that target.
Click on the links to find out more about AEON Bank Biz and discover a #BetterBusinessBanking experience to scale your growth.
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The issuer is solely responsible for the content of this announcement.
AEON Bank (M) Berhad is Malaysia’s first digital Islamic bank, licensed and regulated by Bank Negara Malaysia and the Ministry of Finance. Officially launched on 26 May 2024, we currently offer a suite of Shariah-compliant products and services for the Personal Banking and Business Banking (AEON Bank Biz) customers.
Our Personal Banking offerings are 100% accessible online via the AEON Bank app, where customers can activate and access the deposit Savings Account-i, AEON Bank x Visa Debit Card-i, Personal Financing-i, Term Deposit-i, Savings Pot, DuitNow QR, Zakat, Takaful, JomPay, utility bill payments, as well as a range of digital payment services with strategic partners and merchants. Moreover, AEON Bank has developed the Neko Missions, Malaysia’s first gamified digital banking interactive rewards programme and ‘Neko Sensei’, the AI-powered personal financial coach.
On 8 August 2025, AEON Bank (M) Berhad officially introduced AEON Bank Biz with the integrated cash management capabilities anchored by the Business Current Account-i, alongside Biz Term Deposit-i, Biz QR, Term Financing-i and Working Capital Financing-i. AEON Bank Biz focuses on streamlined processes for account onboarding, credit assessments and financial services, utilising AI-driven fintech solutions to enable simplified procedures, faster approvals, and an enhanced digital banking experience for businesses in Malaysia.
For eligible deposit-based products under AEON Bank and AEON Bank Biz, such as the Savings Account-i, Savings Pot, Term Deposit-i, Business Current Account-i and Biz Term Deposit-i, the deposits are protected up to RM250,000 per depositor. AEON Bank is a member of Perbadanan Insurans Deposit Malaysia (PIDM) and the deposit protection is automatic and free.
Being part of the AEON Group conglomerate, AEON Bank (M) Berhad is equally held by AEON Financial Service Co. Ltd. (AFS Japan) and AEON Credit Service (M) Berhad (ACSM). AFS Japan is responsible for the AEON Group’s financial services businesses, with strong roots in the retail sector which operates in Japan and 10 countries across Asia. AEON Group is Japan’s largest retail group and it is a pure holding company that comprises eight core businesses.
AEON Group Malaysia consists of several entities, namely, AEON Co. (M) Bhd, AEON Credit Service (M) Berhad, AEON Bank (M) Berhad, AEON BiG (M) Sdn Bhd, AEON Fantasy (M) Sdn Bhd, AEON Delight (M) Sdn Bhd, AEON Global Supply Chain Sdn Bhd and Malaysian AEON Foundation (MAF). AEON Group has been a recognisable household brand with more than 200 years of history and evolution in Japan since the Edo era, along with 4 decades of growth in Malaysia, providing consumers with daily financial solutions and diversified retail convenience.
Our cloud native agility and AI optimisation, combined with the strength of our Shariah finance DNA, Malaysian tenacity and Japanese roots are our distinguishing factors, while the integration across the AEON ecosystem gives us a competitive advantage of being the only bank in Malaysia with its own nationwide retail network. On top of that, AEON Points loyalty programme offers customers value-added benefits and meaningful rewards for their online shopping and in-store purchases.
AEON Bank (M) Berhad is committed to empowering the community in pursuing their financial aspirations and achieve economic independence, while cultivating a more inclusive financial future for all. We will continue to contribute towards positioning Malaysia as the Islamic banking hub in the region and fostering the growth of the nation’s digital economy.
HONG KONG SAR – Media OutReach Newswire – 6 July 2026 – Hong Kong consumers have very low tolerance for brands and organisations that are deemed not believable, responding with rapid and decisive backlash when corporate promises trigger doubt. According to a new study on “The Believability Economy” by Ogilvy and YouGov, local residents quickly escalate from questioning claims to complaining on social media, switching to competitors, and fully disengaging. Part of a seven-market Asia Pacific initiative, the Hong Kong SAR edition of Ogilvy’s “Believability Index: The Power of Proof” reveals how critical proof has become to maintaining brand survival.
Silent Disengagement Directly Threatens Revenue
When believability falters, consumer action is almost universal. Of the 1,032 Hong Kong residents aged 18 and over surveyed between late April and early May 2026, 94% stated that they take punitive action once they harbour doubts about a brand or organisation, leaving only 6% with their behaviours unchanged. The local backlash is only slightly below the APAC average of 96%.
This belief-triggered disengagement also inflicts immediate financial consequences: 61% of Hong Kong respondents (70% in APAC) have stopped engaging with or purchasing from a brand or organisation over the past 12 months due to a lack of belief in its claims.
More importantly, silent forms of disengagement dominate the Hong Kong market. Nine in 10 Hongkongers (89%) opt for “silent disengagement”, walking away without saying a word. This quiet exit also carries a severe commercial penalty: it includes 46% who stop purchasing altogether and 32% who migrate to a competitor.
“The research findings are a stark wake-up call for brands and organisations, and show believability makes or breaks consumer decisions in immediate and severe ways,” said Clara Shek, President, Ogilvy Public Relations Hong Kong. “The Hong Kong findings reflect a broader trend in the Asia Pacific region: disengagement often combines quiet withdrawal with more visible signals. Brands and organisations must recognise that what they see publicly is only part of the picture — the quieter, unseen behaviours are dangerous and could be the silent killers of an organisation’s success.”
Vocal punishment is common. Over half (58%) of the respondents say they would take public or semi‑public action, such as:
Lack of Competence and Ethics Triggers Consumer Disengagement
When consumers abandon a brand or organisation due to a breakdown of belief, the top reasons that prompted them to stop engaging or stop purchasing in the past 12 months tie directly to operational execution:
Communication missteps also erode foundational belief. A quarter of consumers (25%) state that exaggerated or misleading communications have prompted them to disengage, and 24% disengage when a brand or organisation is unresponsive to issues they raise. In contrast, influencers and spokespeople play a smaller role in believability-driven disengagement — only 15% of respondents report that they would stop engaging with a brand or organisation because a spokesperson or influencer loses credibility.
Drivers of Believability
In Hong Kong, believability is driven far more by the credibility of the source than by the creative style of the content, and people rely primarily on their own judgement or official sources, rather than influencers or highly-polished content. Three quarters (76%) of Hong Kong residents rely on credibility-related influences (such as credible sources and multiple sources), 62% rely on personal perception (whether information aligns with existing knowledge), 59% turn to reviews, and 43% turn to peer validation.
Across all ages, the top drivers of belief are consistently rooted in familiarity and prior experience:
Conversely, the signals that dominate digital and social media culture — polished and professionally produced content (8%), the amount of people engaging with or sharing the information (16%), and “authentic” creator content (12%) — sit at the bottom of the list as factors that influence whether they believe new information about a brand or organisation.
The Channel Paradox – Where Belief and Scepticism Collide
The Ogilvy Believability Index 2026 finds that mainstream media and official brand channels remain the most influential sources of increased belief in Hong Kong. Almost two-thirds (58%) of Hong Kong residents say information from mainstream media increases their belief in brands and organisations that matter to them, and half (50%) say official brand channels improve belief. Both sources were greeted with relatively minimal scepticism (7% and 8% respectively).
Influencer content and private messaging apps tell a more complex story. The study shows that 30% of Hong Kong consumers say information from social media influencers and KOLs increase their belief, but 26% express heightened scepticism. Private group chats such as WhatsApp show the same near‑equal split: 30% say these channels strengthen their belief, while 26% say they make them more doubtful. In these environments, brands and organisations aren’t generating belief alone — they’re generating belief and doubt in almost equal measure.
“Social media channels may be influential in reach and visibility for brands and organisations, but they are far less effective at strengthening belief,” Ms. Shek said. “In fact, they often create a mix of belief and doubt – a paradox that organisations need to navigate carefully. Traditional tracking tools can create a blind spot for senior leadership as organisations run the risk of over-indexing spending on the exact platforms that are triggering scepticism.”
The importance of mainstream media echoes the latest findings in South China Morning Post’s (SCMP) Intersection of Influence study released on June 24, 2026. The SCMP study shows news media commands the highest attention of any channel in Hong Kong, significantly outperforming other channels (such as social media) in terms of audience focus and staying power. Sixty-one percent (61%) say news reports stay with them long after reading, and 16% use the information to make important decisions. For believability, this shows that news environments don’t just attract attention; they generate intentional, lasting and active engagement in the content.
Negative Ripple Effect for Other Brands
When believability breaks, it spreads. A third (31% local; 36% in APAC) of consumers admit that when their belief in a brand or organisation is lost, they become more wary or suspicious, with 38% of Hong Kong consumers (29% in APAC) reporting that they will subsequently minimise their use of similar products or services from other brands and organisations.
Restoring Belief – Action is Louder Than Words in Hong Kong
On the bright side, 82% of Hong Kong residents (85% in APAC) say belief can be restored. Only 14% of Hong Kong residents (11% in APAC) say that once belief in a source is lost — whether an organisation, media outlet, or public figure — it can never be regained.
When it comes to restoring belief, Hong Kong consumers respond most positively to concrete action. Half (50%) say an organisation must “actively fix the issue” before they will believe them again – a requirement that ranks well above a “public acknowledgement” (40%). Furthermore, another 40% believe it is important to “demonstrate consistent accuracy.”
For Hongkongers, these concrete actions carry far more weight than shifts in communication style alone. Only 29% of respondents feel that being “more transparent or further evidence-based” in their communication helps restore belief, while only 13% say “endorsements from respected individuals” helps restore belief. In other words, accountability and follow‑through are the real drivers of believability.
“Consumers are open to brands and organisations that take actions to repair that credibility. The path to redemption clearly lies in tangible action – correcting problems, publicly acknowledging mistakes and demonstrating consistency. As the findings show, accountability is the ultimate currency of belief,” said Ms. Shek at Ogilvy.
“Despite the popularity of social media and digital channels, Ogilvy’s Hong Kong edition of the ‘Believability Index: The Power of Proof’ calls for a rethink on marketing and issue management approach,” Ms. Shek concluded. “To protect against silent disengagement, leaders must deliver on their core promise, tackle issues transparently, and anchor their communications in mainstream media and official channels, with mindful management of social media and influencer strategy recognising these channels’ belief-scepticism double-edged impact on consumers.”
Hashtag: #Ogilvy
The issuer is solely responsible for the content of this announcement.
The Hong Kong edition of “Believability Index: The Power of Proof” was conducted online between 22nd April – 4th May 2026. The sample comprised an online representative sample of 1,032 Hong Kong adults aged 18 years and older. Total sample size for Ogilvy’s seven-market Asia Pacific Believability Index 2026 was 7,176 adults in Australia, Indonesia, Singapore, Malaysia, the Philippines, Mainland China and Hong Kong SAR (1,032). All figures, unless otherwise stated, are from YouGov Plc. The figures have been weighted and are representative of all respective market adults (aged 18+). Ogilvy designed the questionnaire in collaboration with YouGov.
Ogilvy PR and Influence is a global creative communications agency that partners with organisations to drive value and growth. We build brands, protect reputations, and earn attention and influence through creative storytelling informed by data, and fuelled by technology. Our specialist practice areas offer media relations, social and digital communications, external and internal stakeholder communications, issues and crisis management, and stakeholder engagement. We are the region’s largest and most specialised public relations and public affairs consultancy.
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 […]
G42 and Microsoft have deepened their artificial intelligence alliance through a new collaboration linking Inception42’s Catalyst agentic AI platform with Microsoft Copilot, a move designed to shift AI agents from limited trials into day-to-day government and enterprise operations. The agreement, announced on Monday, allows organisations to build, govern and monitor AI agents on Catalyst while making them available through Microsoft 365 applications including Teams, Outlook and Word. […]
By Nantoo Banerjee Despite never qualifying for the FIFA (Federations of International Football Associations) World Cup, India has emerged as one of the largest global markets for the current tournament being co-hosted by the United States, Canada, and Mexico, with matches played across 16 official host cities. In the opening weekend alone, the tournament reached […]
The article FIFA World Cup Reaches Over 100 Million Viewers In India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
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 […]
The fatal incident took place at Patan village in Maval taluka, near Lohagad Fort, where a house was buried under debris in the early hours. Rescue teams recovered one body from the site, while operations continued to trace two other members of the same family. Police said three landslides were reported in the remote village after sustained heavy rainfall loosened slopes in the area.
The weather disruption quickly widened into a major transport emergency. Traffic on the Pune-Mumbai Expressway and the old Pune-Mumbai Highway was suspended after landslides, flooding and structural damage made movement unsafe. Authorities advised motorists to avoid travel between the two cities and follow official traffic updates, as waterlogging and debris blocked several stretches in and around Lonavala, Khandala and Maval.
The most serious road disruption was reported on the Pune-to-Mumbai carriageway of the Khopoli-Kusgaon Missing Link, where a landslide occurred near the exit of a tunnel. Traffic had to be diverted from about 4am as a precaution. Officials said parts of the retaining structure were affected, while separate reports of a concrete pillar falling on the carriageway added to safety concerns. The Missing Link, opened two months ago, is a 13-km route through the Sahyadri range designed to cut travel distance by about 6 km and reduce travel time by 25 to 30 minutes.
By early afternoon, movement on one side of the Missing Link had begun to resume, but diversions continued on the Pune-to-Mumbai side. Traffic on the old highway was being restored in phases, though police warned that water accumulation, damaged power lines and fallen trees could slow full reopening. Several motorists reported being stuck near Lonavala since early morning, with bumper-to-bumper queues forming after vehicles were shifted away from the closed stretch.
Rail services on the Mumbai-Pune route were also hit after landslides deposited mud and debris on tracks in the Bhor Ghat section between Karjat and Lonavala. Sixteen trains were cancelled, while several others were diverted, short-terminated or short-originated. Railway teams began clearing operations near Thakurwadi and Monkey Hill Loop Cabin, with safety inspections required before regular movement could resume on affected tracks.
The disruption came after Lonavala recorded exceptionally heavy rainfall, with estimates ranging from more than 600 mm to 670 mm over 24 hours. The heavy downpour swelled streams, flooded low-lying areas and left slopes in the ghat section vulnerable to further slips. Officials said flood-like conditions were also reported in parts of Maval and Tamhini Ghat, restricting the use of alternate routes between Pune and Mumbai.
The Pune district administration declared a holiday for all schools and anganwadis on Monday after a red alert for extremely heavy rain. Residents were asked to avoid unnecessary travel, stay away from waterfalls, rivers and hill slopes, and not venture into flooded stretches. Disaster response teams, police and local volunteers were deployed across vulnerable points, with the National Disaster Response Force engaged in search and rescue work at Patan village.
The wider rain spell has placed Maharashtra’s disaster management system under pressure. Mumbai, Palghar, Raigad and the ghat areas of Pune district received heavy to extremely heavy rainfall, causing tree falls, local flooding and transport breakdowns. Mumbai’s civic authorities advised work-from-home arrangements where possible, while schools and colleges in several districts were shut as a precaution.
HONG KONG SAR – Media OutReach Newswire – 6 July 2026 – This July, celebrating his birthday month, Anson Lo marks a decisive leap into the global spotlight. Defined by his philosophy of “Adventure and Limitless,” the MAMA award-winning artist over the past weekend brought his solo concert tour to Macau, delivering a highly acclaimed, two-night engagement that drew an overwhelming response. This milestone is further amplified by the highly anticipated release of his new English single “Helicopter” and his high-profile appearance in the English drama The Season. Known for his razor-sharp choreography, Lo has transcended his status as Hong Kong’s premier idol to become a defining figure of a new, international generation.
The Rise of “Lo-Phenomenon”
Anson Lo’s trajectory over the last few years has been defined by a series of professional breakthroughs that have solidified his status as a regional powerhouse:
A New Frontier: Crafting English Hits and Lyrics
Lo’s global evolution shines through his self-penned English rap lyrics across nearly all his dance singles. Expanding his creative control, he wrote his two full English tracks, “Trippin’ Up” and the newly released “Helicopter.” “Helicopter” just dropped to an overwhelming global response, solidifying his international musical footprint.
About Anson Lo
Anson Lo (born July 7, 1995) is a multifaceted Hong Kong singer, dancer, and actor. Since his 2018 debut with the group MIRROR, he has evolved into a record-breaking soloist, headlining multiple solo concerts and releasing chart-topping hits such as “Megahit,” “Mr. Stranger,” and “Hey Hey OK!”. Today, he stands as a versatile artist working across music, fashion, and film.
Instagram @ansonlht | Facebook @ansonlht | YouTube: @AnsonLoHonTing
Hashtag: #AnsonLo #盧瀚霆 #AnsonLo盧瀚霆
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https://www.youtube.com/@AnsonLoHonTing
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Arabian Post Staff -Dubai BARQ Systems has formed a regional partnership with ServiceNow to speed up digital transformation and enterprise automation across the Middle East and North Africa, targeting organisations that are moving from isolated technology upgrades to AI-enabled operating models. The collaboration is designed to help enterprises use the ServiceNow AI Platform to convert complex workflows into automated, data-led processes across IT, customer service, human resources […]
The UAE’s first Etihad Rail passenger service has begun carrying travellers between Fujairah and Abu Dhabi, opening a new phase in the country’s transport infrastructure and giving residents a rail alternative to long inter-emirate road journeys. The inaugural service left Fujairah’s Al Hilal City station at 5.34am on June 30 and arrived at Mohamed bin Zayed City station in Abu Dhabi at 7am, ahead of its scheduled […]
Arabian Post Staff -Dubai The UAE has emerged as the GCC’s busiest confirmed construction market, with 700 execution-ready projects valued at $138 billion, underscoring the country’s shift from post-boom recovery to a broader phase of active development across real estate, energy, infrastructure and specialised industrial assets. Saudi Arabia ranks close behind by project count, with 628 confirmed schemes, though its pipeline is larger in value terms at […]
Supporting the Next Generation of Animation Storytellers
Building on its support for emerging animation talent through the inaugural XPPen Award for Graduation Films at the Annecy International Animation Film Festival in 2025, XPPen deepens its commitment to the animation community through the 2026 Annecy Festival Residency. The initiative provides selected animation feature film projects with studio space, tailor-made professional mentorship and opportunities to engage with the global animation community.
This year’s residency selected three animation projects from 52 submissions across 29 countries: All the Heaven’s Doors, Condenaditos, and Todo viene del agua. These projects boldly reflect on social issues, refuse fatalism, and revisit fragments of life and history with exceptional artistic courage and creative vision. As the residency’s official partner, XPPen provides its flagship Artist Pro 27 (Gen 2) drawing displays to support artists throughout the creative development process, from concept sketching and storyboarding to visual refinement.
“We contribute more than hardware, but also our deep respect for artistic souls who refuse to follow the crowd—those committed to using animation to probe the depths of human nature,” said Brian Huang, Marketing Director at XPPen. “We admire creators who challenge the world through storytelling, and we’re honored to walk alongside such creative spirits with tools they can trust throughout their journey.”
Featuring professional-grade color performance, a 27-inch 4K 120Hz display, and X-Touch technology, the Artist Pro 27 (Gen 2) enables artists to remain fully immersed in art creation. By seamlessly supporting technical demands, the tool fades into the background and becomes an extension of the creator, freeing artists to focus on what matters most: telling compelling stories.
Showcasing Professional Innovation at MIFA 2026
At MIFA 2026, the world’s leading animation industry marketplace held alongside the Annecy International Animation Film Festival, XPPen presented its latest creative product lineup, demonstrating how its expanding ecosystem supports creators at every stage of their creative journey.
The lineup spans entry-level standalone tablets for aspiring artists, the Magic Drawing Pad for everyday digital creation, the Artist 16 3rd portable pen display for professional creators, the flagship Artist Pro 27 (Gen 2) for high-end creative production, and the newly launched Pilot Pro, a productivity-focused editing console designed to streamline editing workflows, marking XPPen’s first foray into the professional editing console category.
Beyond product demonstrations, XPPen invited artists to share their creative process on site. Illustrator and animator Julie Roulet demonstrated how professional pen displays can support efficient animation workflows, while 2D/3D artist Benjamin Cerbai explored hybrid digital creation using the Magic Drawing Pad, giving visitors first-hand insight into how the device supports diverse creative scenarios.
By continuing its presence at the Annecy International Animation Film Festival and MIFA, XPPen reaffirms its long-term commitment to supporting creators through both technological innovation and meaningful engagement with the animation industry. Guided by its belief in empowering bold self-expression, XPPen is dedicated to developing tools that enable creators to turn ideas into reality. The company continues to build a creative ecosystem that supports artists at every stage of their journey, growing alongside them from their first ideas to professional creative production.
The issuer is solely responsible for the content of this announcement.
Tehran opened weeklong funeral ceremonies for Ayatollah Ali Khamenei on Saturday, turning public mourning for the slain former supreme leader into a carefully staged display of endurance after months of war, political uncertainty and pressure on the Islamic Republic’s ruling establishment. The body of Khamenei, killed on 28 February during US and Israeli strikes at the start of the war, was placed at the Imam Khomeini Grand […]
A newly identified cyber-espionage group has targeted government agencies and electricity-sector organisations in Russia, Brazil and Kazakhstan, using phishing emails to deploy a Windows information stealer designed to extract credentials, documents and browser data. The group, named Armored Likho and provisionally linked to a cluster known as Eagle Werewolf, has emerged as a notable threat because its operations combine espionage against institutions with financially motivated attacks against […]
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 […]
By K Raveendran The alleged theft of donations from the Ayodhya Ram Temple has pushed a long-simmering question into the national foreground: who should guard the wealth of religious institutions when faith, money and power converge without adequate public accountability? The issue is not confined to Ayodhya, nor to Hindu institutions. Across denominations, religious endowments, […]
The article Faith Assets Need Secular Oversight As Temple Fraud Exposes Governance Vacuum appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
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 […]
Opera has rolled out Paste Protect, a built-in browser defence designed to stop malicious clipboard commands before users can paste them into terminals, run boxes or other command-line tools. The feature, launched on 2 July 2026 and switched on by default in Opera’s desktop browsers, targets a fast-growing class of social engineering attacks known as ClickFix. These scams usually begin with a familiar-looking prompt: a failed video […]
The share sale, opened to institutional investors this week, drew bids of about ₹380 billion, or roughly 3.8 times the base offer. The indicative price was set at ₹2,883 a share, below the regulatory floor price of ₹3,034.68 and at a discount to the stock’s previous close, reflecting the typical pricing structure used to secure large-block institutional participation.
The enlarged issue marks one of Adani Enterprises’ biggest equity-raising exercises since the group was hit by a market rout in 2023 following allegations by US short-seller Hindenburg Research. The conglomerate denied wrongdoing, and group companies have since rebuilt access to capital through a mix of equity, debt, asset recycling and strategic partnerships.
The strong response to the placement signals that institutional investors are again willing to back the group’s growth strategy, even as they continue to price in governance, leverage and execution risks. The investor book included global funds and domestic asset managers, with demand high enough for the company to lift the deal size by 50 per cent.
Adani Enterprises is the incubator of the group’s newer businesses. Its portfolio spans airports, roads, data centres, green hydrogen, mining services, defence, solar manufacturing and other infrastructure-linked ventures. The company has been central to the group’s plan to build large operating platforms before eventually listing or separating mature units.
The latest fundraising comes as the group accelerates capital spending across transport, energy transition and materials. Its airports business operates eight airports and is preparing for the opening of Navi Mumbai International Airport, a project expected to strengthen the group’s presence in aviation infrastructure. Data centres and green hydrogen remain capital-intensive bets that require long gestation funding and steady access to institutional capital.
The timing also follows Adani Enterprises’ rights issue of about ₹250 billion completed in late 2025, which was oversubscribed. That offer was used to support capital expenditure, debt repayment and shareholder loan obligations. The new placement gives the company additional flexibility at a time when infrastructure companies are competing for long-duration capital amid rising demand for logistics, power, digital infrastructure and manufacturing capacity.
The share sale is also significant because it reduces reliance on borrowings for the next leg of expansion. Equity funding can ease pressure on balance sheets and improve investor perception of leverage, particularly for companies pursuing several projects at once. At the same time, the discounted pricing means some dilution for existing shareholders, a common trade-off in large institutional placements.
Market reaction was measured. Adani Enterprises shares initially faced pressure after pricing details emerged but later stabilised, suggesting investors had largely anticipated a discount. The stock has recovered substantially from its 2023 lows, though it remains closely watched because of the group’s debt profile, promoter holdings and regulatory scrutiny around past allegations.
The company’s investment cycle has broadened further with plans linked to a major aluminium project in Odisha in partnership with Abu Dhabi’s International Holding Company. The proposed project, valued at about $11.5 billion, is expected to include bauxite mining, alumina refining, aluminium smelting and downstream capacity. The partnership underscores the group’s continuing effort to deepen industrial manufacturing alongside infrastructure.
IHC has been a notable backer of the group through periods of market volatility. Its involvement provides strategic weight to Adani’s expansion into metals, a sector that requires heavy upfront investment, access to raw materials, power security and strong execution discipline. Aluminium demand is being driven by transport, packaging, power transmission, construction and renewable energy infrastructure.
Adani Enterprises’ fundraising also fits a broader trend across the equity market, where companies have used qualified institutional placements to raise growth capital while valuations remain supportive. QIPs allow listed companies to place shares with large investors without the longer timelines associated with some other public offerings. For issuers, the format is faster; for institutions, it provides access to sizeable allocations in liquid companies.
Just a few years ago, conversations surrounding EV buying were dominated by battery size, driving range and acceleration. Those things still matter today, but they are no longer the whole story. As EVs move into the mainstream, buyer priorities are shifting toward practical, long-term considerations, including the post-purchase experience, charging convenience, straightforward servicing, and the enduring reliability of the brand. These factors increasingly shape purchasing decisions, and they also provide a useful lens through which to look at the VinFast VF 8, an all-electric mid-size SUV.
Designed by the legendary Italian design house Pininfarina, the all-electric D-segment SUV combines clean, modern styling with the practicality expected of a family vehicle. It delivers up to 493 km of NEDC driving range, produces up to 402 horsepower through a dual-motor AWD system, and comes equipped with Level 2 driver assistance technologies, a 15.6-inch infotainment display, and a spacious cabin designed for everyday comfort. In the UAE, buyers also benefit from a 10-year vehicle warranty, a 10-year unlimited-mileage battery warranty, alongside 24/7 roadside assistance and five years of free maintenance up to 100,000 km.
While the VF 8 already has plenty to offer on paper, the real challenge is making ownership feel effortless once the excitement of the purchase has passed. Recognizing that, VinFast has invested heavily in the ecosystem that supports its vehicles.
Earlier this year, the company signed agreements with 29 international aftersales partners as part of a broader plan to expand its global service network to more than 1,100 workshops across North America, Europe, the Middle East, and Asia during 2026. The company is also rolling out customer support initiatives such as software updates, battery inspections, and technical support throughout the ownership journey.
In the UAE specifically, VinFast works with Al Tayer Motors to provide local aftersales support while continuing to strengthen its regional service network through experienced local partners. In March, the company signed an MoU with PlusX Electric, a DEWA-approved charging provider, to extend support beyond the dealership network. The plan includes portable charging pods, on-demand mobile charging, and emergency roadside charging services. The goal is to reduce downtime and eliminate the awkward scenario of running low on charge far from a plug.
“VinFast is committed to building a long-term and comprehensive EV ecosystem in the UAE, one that gives customers confidence not only in the quality and performance of our electric vehicles, but also in the reliability and accessibility of the supporting infrastructure,” one executive of VinFast Middle East said in a press release.
The Middle East is entering an important stage of its EV journey, with governments investing in cleaner mobility and consumers enjoying more choices than ever before. As the market evolves, delivering a competitive vehicle is only part of the equation, while making ownership straightforward is becoming just as important. The VinFast VF 8 reflects that shift, pairing the features of a modern electric SUV with growing investments in charging, aftersales support, and customer service.
Hashtag: #VinFast #EV
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Now in its 19th year, the festival has grown into one of Taiwan’s largest outdoor music events, attracting tens of thousands of fans every summer. Set against Hualien’s breathtaking mountains and Pacific coastline, the event combines live performances with one of Asia’s most scenic festival experiences.
This year’s lineup features an impressive mix of award-winning Taiwanese artists, rising indie musicians and international performers. Headliners include Jam Hsiao, Show Lo, Accusefive, Sun Shu-mei, Hsu Fu-kai, MIXER, Aisa Senda, Chih Siou, Lee Chu-hsin and Chen Yi-no, representing pop, rock, folk and contemporary Taiwanese music.
Adding an international dimension, South Korean rock band ChRocktikal and CNU and Gongchan from K-pop group B1A4 will also perform, highlighting Hualien’s growing role as a cultural destination connecting audiences across Asia.Each festival night carries a unique musical theme, including：Nature & Adventure Night、Youth Power Night、Rock Explosion Night、Asia Wave Night、All-Star Finale.
The festival also showcases seven winning acts from Hualien’s emerging artist competition, giving local musicians the opportunity to share the stage with internationally recognized performers.
Organized by the Hualien County Government, the event reflects the county’s long-term vision of promoting cultural tourism through music while strengthening international exchange. By combining Taiwan’s original music scene with performances from across Asia, organizers hope to position Hualien not only as Taiwan’s summer music capital but also as an emerging destination for international music tourism.
Beyond the concerts, visitors can explore Hualien’s dramatic natural landscapes, indigenous culture, local cuisine and outdoor attractions, making the festival an ideal gateway to experience eastern Taiwan.
With free admission and five consecutive nights of live entertainment beneath the stars, the 2026 Hualien Summer Carnival invites music lovers from Taiwan and around the world to celebrate an unforgettable summer on Taiwan’s spectacular east coast.
Hashtag: #HualienSummerCarnival
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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).
Tyler is an AI Diagnostic Agent that perceives, reasons, acts, and learns with every session. It runs a full diagnostic workflow — from fault capture to repair plan — and predicts future failures before warning lights turn on. The technician keeps working. Tyler handles the rest. Related Tyler videos:
Video 1:Tyler: The AI Diagnostic Agent That Listens, Thinks, and Fixes
Video 2:I Am Tyler — An AI Diagnostic Agent Tells Its Own Story
Built on THINKCAR’s proprietary ThinkLLM, Tyler delivers answers in seconds, backed by 2.4M users, 400K+ daily sessions, and 140+ AI patents.
“Empowering every vehicle, that is the promise of a whole life. The independent repair shop deserves the best tools in the world,” said Ben Tan, Chairman of THINKCAR.
“Tyler does not replace your technicians. It replaces the tools that waste their time,” said Peter, VP of THINKCAR’s Diagnosis Business Center.
Tyler Ships Today. More Products Announced.
The THINKTOOL 394 AI ships with Tyler onboard. Dedicated AI Agent series will follow.
Alongside Tyler, THINKCAR announced:
T394 IMMO — Immobilizer diagnostics
T391 & T391 EV — Next-gen platform with EV capabilities
TPMS Tools — Tire pressure monitoring
Garage Equipment — Expanded maintenance line
Partnership with Solera AutoData
THINKCAR integrated 375,000+ Solera AutoData repair procedures covering 99% of models into Tyler’s workflow.
Conference by the Numbers
Hundreds of distributors from 30+ countries
30 awards across 4 categories: Diamond, Excellent, Outstanding, THINKCAR Star
Availability
Tyler is available today on THINKTOOL 394 AI. 10-inch series (399, 394 IMMO, T391, T391 EV) expands late 2026. You wrench. Tyler handles the rest. Diagnostics. Assessment. Parts. Prediction. The End-to-end Expert.
The issuer is solely responsible for the content of this announcement.
THINKCAR is a leading AI-powered automotive diagnostic provider serving 2.4 million users across 215 countries, with products spanning 8 categories including diagnostic tools, TPMS, ADAS calibration, EV diagnostics, and remote service platforms.
