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Category: 3. Business
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Gold hits 3-week high on hopes US data will boost Fed rate-cut bets – Reuters
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GNV partners with Lloyd’s Register to boost decarbonisation training
Lloyd’s Register (LR) has collaborated with Italian ferry operator GNV to deliver the third edition of its training programme dedicated to fleet energy efficiency and decarbonisation.
The three-day course, which took place from 10 to 12 November at the MSC Training Centre in Sant’Agnello, Sorrento, involved approximately 50 members of the technical and operational staff from across the fleet, including Captains, Chief Engineers, Chief Pursers, First Engineers and Deck Officers.
The aim was to strengthen skills in energy management, the use of alternative fuels, and the application of digital tools for consumption monitoring and regulatory compliance.
Jointly developed by GNV’s Energy Efficiency Department and LR technical specialists, the training addressed the main international and EU regulatory frameworks, along with best operational practices, onboard efficiency technologies, and strategies for adopting low-emission fuels such as biofuels and LNG.
The sessions combined theory, workshops, and practical activities based on data analysis and performance monitoring systems.
The final day featured presentations from industry partners and stakeholders, including Wärtsilä, Hempel, VARD Fincantieri Group, KROHNE, RINA Digital Solutions and TRADER s.r.l. Worldwide Bunkers & Lubricants Supplier. Topics included emerging technologies, new energy scenarios and digital solutions to enhance the environmental performance of shipping operations. Gianpaolo Dalla Vedova, Legal Representative and Country Leader for Italy, and Antonio Pollio, Senior Client Relation Manager, at LR, also participated in the session.
This training initiative is part of GNV’s strategy to reduce its environmental impact through technology upgrades, refitting activities, and crew development, supporting an integrated energy management approach and compliance with IMO and EU regulations.
Ivana Melillo, Energy Efficiency Director at GNV, said: “The collaboration with Lloyd’s Register represents an important step in our decarbonisation journey. Investing in the training of our crews means valuing our people, strengthening professional skills and addressing the new regulatory and operational challenges with greater awareness.“Through the adoption of innovative technologies and best practices in energy efficiency, we are contributing to reducing the environmental impact of our operations and supporting the maritime sector’s transition towards a more sustainable future.”
Gianpaolo Dalla Vedova, Strategic Business Partner, Country Leader and Legal Representative for Italy, Lloyd’s Register, said: “Our partnership with GNV reflects LR’s ongoing commitment to supporting maritime operators with tailored services and consultancy in energy management, digitalisation and the adoption of alternative fuels.
“This training programme is designed to guide shipowners and operators through today’s complex regulatory landscape and accelerate their decarbonisation pathway.”Continue Reading
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‘Big Short’ investor Michael Burry to close hedge fund – Financial Times
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Starbucks union baristas walk out on Red Cup Day in push for contract talks – Reuters
- Starbucks union baristas walk out on Red Cup Day in push for contract talks Reuters
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US FDA approves Kura Oncology's blood cancer therapy – Reuters
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Reminder: new identity verification rules coming into force on 18 November – Dentons
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FTI Consulting Provides Vendor Assistance to Vitruvian Partners in Sale of Solvinity – FTI Consulting
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ELC and Springer-Nature Celebrate Winners of the 2025 Inspiring Women in Science Awards – The Estée Lauder Companies Inc.
The 2 global awards honor women whose groundbreaking research is shaping the future of science and the educators and advocates who are helping the next generation to push boundaries even further through two distinct categories: the Scientific Achievement Award and the Science Outreach Award.
This year, the program received 480 submissions across both categories, representing participants from more than 50 countries, marking the highest participation to date. Applicants represented disciplines across the natural and applied sciences, medicine, and engineering, highlighting the range of innovation driven by women worldwide. Throughout this year’s awards cycle, leaders from The Estée Lauder Companies’ Research & Development team were once again proud to represent on the judging panel for each of the awards, with Lisa Napolione, Senior Vice President, Global Research and Development, serving on the Scientific Achievement and Science Outreach panels, and Sarah Vickery, Senior Vice President, Global Scientific Communications & Translational Media, serving on the Science Outreach panel.
On the evening of the awards ceremony, Lisa Napolione introduced the Scientific Achievement category, which recognizes early-career women researchers who have completed their PhD within the past decade and made exceptional contributions to scientific discovery, and reflected on the importance of visibility in science:
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Gas-Permeable Contact Lenses Provide Superior VA in Children After Surgery
The use of rigid gas-permeable contact lenses (RGPCLs) in children undergoing surgery for
primary congenital glaucoma (PCG) may be the preferred method of preserving visual acuity (VA) based on results published inJAMA Ophthalmology ,1 which found that those using RGPCLs had superior VA and contrast sensitivity compared with those who continued to wear spectacles.Developmental anomalies that lead to an elevated intraocular pressure (IOP) are the cause of PCG, which can lead to
blindness in children .2 Visual potential in children with PCG can be maximized through intervention, primarily through amblyopia treatment and early optical correction. However, spectacle correction is often inadequate to treat the full scope of the visual problems, and the use of RGPCLs in children has been understudied. This study aimed to compare the efficacy and safety of RGPCLs with continued use of spectacles in children who are undergoing long-term postoperative visual rehabilitation to address their PCG.1The Contact Lens for Vision Rehabilitation in PCG Children (CLEVR-PCG) study took place at the Zhongshan Ophthalmic Center in Guangzhou, China. Participants were assessed at baseline, 6 months, and 12 months. All participants were children aged between 4 and 15 years, had a postoperative IOP of 21 mmHg or lower on 2 consecutive visits, had at least 1 eye that had PCG, and had a minimum follow-up of 6 months after the most recent surgery. Those who had a nonglaucoma-related corneal pathology, had a corneal clarity of 3 or worse, had known allergies to contact lenses or care solutions, had conditions that did not allow for safe use of RGPCL, or had an inability to cooperate with testing of VA were excluded from the study.
All participants were randomized 1:1 to either RGPCL or spectacles. Children given RGPCL were given optical correction contact lenses that were designed specifically for pediatric patients. Patching therapy was prescribed to any child with amblyopia. Efficacy in visual improvement and safety of RGPCLs acted as the primary outcomes of the study. This was tested in the worse eye based on best-corrected VA (BCVA) at baseline. Changes in contrast sensitivity function (CSF) for the worse eye acted as the secondary outcome.
There were 56 children randomized between April 21, 2022, and August 21, 2023, into the 2 groups: 29 in RGPCL and 27 in spectacles. The mean (SD) age of the children was slightly older in the RGPCL group (7.7 [2.7] vs 7.2 [3.2] years), and the spectacles group had slightly more boys (54.2% vs 58.3%). The RGPCL group also had a slightly worse mean BCVA (0.99 [0.71] vs 1.02 [0.74] logMAR) compared with the spectacles group. Prior to the study, participants had worn spectacles for 4.4 (2.5) years in the RGPCL group and 2.5 (1.9) years in the spectacles group.
Worse-eye BCVA was improved in the RGPCL group compared with the spectacles group after 1 year (mean improvement, 0.31 [0.28] vs 0.12 [0.33] logMAR). BCVA was 0.16 (0.17) in the RGPCL group compared with 0.38 (0.37) in the spectacles group after 1 year in the better-seeing eyes. The worse-seeing eyes had a BCVA of 0.69 (0.65) in the RGPCL group compared with 0.90 (0.78) in the spectacles group. A total of 62.5% of the RGPCL group had an improvement of 2 or more lines in the BCVA of the worse eye compared with 37.5% of the spectacles group.
Glaucoma indicators, refractive development, and anterior segment parameters were not different between the 2 groups. There were 2 participants who discontinued use of RGPCL due to lens handling difficulties and foreign body sensations, with no serious adverse effects reported.
There were some limitations to this study. Masking the 2 groups was challenging due to the visible difference between groups; this could have introduced measurement bias. Generalizability could be limited due to the strict inclusion criteria and due to all participants coming from a single center. Distance and everyday visual performance were not addressed due to evaluating only near distance vision. Long-term effects of refractive development, filtering bleb outcomes, and IOP stability could not be assessed due to the shorter follow-up time.
“The CLEVR-PCG randomized clinical trial demonstrates that RGPCLs significantly enhanced vision rehabilitation in children after PCG surgery compared with spectacles,” the authors concluded. “These results support RGPCLs as an alternative for children with poor spectacle response.”
References
1. Jiang J, Hu Y, Zhu Y, et al. Visual outcomes of children with primary congenital glaucoma receiving different refractive corrections: the CLEVR-PCG randomized clinical trial. JAMA Ophthalmol. Published online November 6, 2025. doi:10.1001/jamaophthalmol.2025.3976
2. Congenital glaucoma. Cleveland Clinic. Updated October 8, 2024. Accessed November 12, 2025.
https://my.clevelandclinic.org/health/diseases/congenital-glaucoma Continue Reading
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Ropes & Gray Represented Samsonite on Its Entry into New Senior Credit Facilities and Its Issuance of €350 Million Senior Secured Notes Due 2033 | News & Events
Ropes & Gray represented Samsonite Group S.A., a leader in the global lifestyle bag industry and the largest travel luggage company, in connection with the refinancing of the company’s existing senior secured notes and senior secured credit facilities. The refinancing included the issuance of €350 million Senior Secured Notes due 2033, a new $800 million tranche A Term Facility due 2030, a new $494 million tranche B Term Facility due 2032 and a new $850 million Revolving Credit Facility due 2030. The bank financing closed on November 6, 2025 and the bond financing closed on November 11, 2025.
A cross-border team from Ropes & Gray’s London and U.S. offices advised on the deal. Stefanie Birkmann, a finance partner in New York, led on the bank financing, alongside associates Kavita DeVaney (New York), Hayden Frye (Los Angeles) and Wouter Korevaar (New York). Michael Kazakevich, a finance partner in London, led on the bond financing, supported by associates Daniel Wilson (Boston), Henry Gee (London) and Kennedy Myers (San Francisco). Tax advice was provided by partner David Saltzman, counsel Sara Clevering and associate Elizabeth Sun, all based in Boston.
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