Category: 3. Business

  • Asset Management Solutions for Financial Growth and Stabilit

    This paper focuses on gender equality in credit investing and practical steps to close the persistent data gap.

    Gender inequality remains a major barrier on inclusive growth and economic resilience, especially in emerging markets. Gender equality is both an economic and investment imperative:

    it has the potential to boost global GDP by over 20%.

    Despite this, the gender-focused bond market represents less than 2% of the sustainable bonds.

    However, this segment is growing rapidly, from around USD5 billion outstanding in 2020 to nearly $15 billion by the end of 2023.

    A major challenge to market growth is the lack of gender-specific KPIs in many gender-focused sustainable bonds: only 5% of these bonds include outcome-level indicators.

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  • Have your say on drug and alcohol services in Walsall

    Have your say on drug and alcohol services in Walsall

    Published on

    Walsall residents and stakeholders are invited to have their say on the needs of people affected by drug and alcohol use in Walsall.

    The Beacon in Walsall town centre.

    Walsall Council arranges drug and alcohol support services to help people cut down, stop using substances and stay in recovery. This is done by understanding what is needed in Walsall, deciding what services are required, and then buying and monitoring those services.

    People affected by drugs and alcohol often need a wide range of support. This can include medications and counselling, as well as help with mental and physical health, housing, benefits, employment, and building positive family and social relationships.

    The Council is required to re-commission services when contracts come to an end. The current contract (with The Beacon) ends in March 2027. Residents and stakeholders are invited to share their views to help the Council ensure that the best possible drug and alcohol service is commissioned for communities.

    “ Our drug and alcohol services are important to residents across the borough in helping them access the support they need to help them recover and stay in recovery. Whether you have used the service or not, or if you’re a professional or volunteer working with people affected by substance use, we would like to hear from you. “

    Councillor Gary Flint, Portfolio Holder for Culture, Health and Wellbeing

    Walsall Council

    To complete the survey, visit: https://online1.snapsurveys.com/nzf2xr 

    The survey closes on 20 February 2026.

    If you need help to complete the online survey or would like a copy of it in another format please contact us.

    The Beacon currently provides drug and alcohol services for both young people and adults. The service includes needle exchange, one-to-one and group support, prescribing and detox, testing and treatment for blood-borne viruses, help accessing other health and care services, and support into employment. Support is free and confidential. Residents can refer themselves or professionals can refer clients to the service online via the Change Grow Live website. For more information, please contact thebeacon.walsall@cgl.org.uk or call 01922 669840.

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  • Allianz and Anthropic Forge Global Partnership to Advance Responsible AI in Insurance – Allianz.com

    1. Allianz and Anthropic Forge Global Partnership to Advance Responsible AI in Insurance  Allianz.com
    2. Anthropic adds Allianz to growing list of enterprise wins  TechCrunch
    3. Allianz partners with Anthropic to advance AI adoption across operations  Insurance Business
    4. Anthropic Expands Enterprise Reach with German Insurer Allianz  TipRanks
    5. Allianz Taps Anthropic to Empower Workforce and Automate Operations  The National CIO Review

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  • Hyundai STARIA Electric Debuts, Setting a New Standard for Spacious, Everyday Zero-Emission Mobility

    Hyundai STARIA Electric Debuts, Setting a New Standard for Spacious, Everyday Zero-Emission Mobility

    Designed for Leisure and Lifestyle Mobility

    STARIA Electric is shaped around the way people travel. Multi-row seating, adjustable layouts and a high roofline create generous headroom and freedom of movement, while the quiet electric drivetrain transforms long journeys into a more relaxed experience. Features such as Vehicle-to-Load, ample storage and high-power USB ports extend the vehicle’s role beyond transport, from outdoor activities to mobile work and weekend escapes.

    STARIA Electric retains the characteristic one-curve silhouette of the STARIA lineup, enhanced by EV-specific design elements that emphasize its electric character. A closed front design with simplified geometric surfaces replaces the air-intake structures of combustion variants, creating a clean, high-tech impression while contributing to improved aerodynamic efficiency.

    The continuous horizontal lighting signature underlines the vehicle’s width and future-oriented appearance, while carefully integrated details and flush surfaces reinforce its modern, electric identity. Wide sliding doors and a large rear opening support easy access for passengers and luggage, whether in everyday urban use or during longer leisure journeys.

    Lineup and variants

    At launch, Hyundai introduces two configurations of STARIA Electric to reflect different usage profiles:

    • LUXURY (7-seater) for private, family and leisure use
    • WAGON (9-seater) for larger families, group travel or shuttle operation

    Powertrain and Performance

    From everyday commuting to long-distance travel, STARIA Electric combines quiet operation with confident performance. The 800-volt high-voltage system used in STARIA Electric, which is rare in this segment and already established in IONIQ 5, IONIQ 6 and IONIQ 9, enables rapid charging and consistent power delivery for predictable everyday use.

    The electric drivetrain contributes to a calm and refined driving experience, with very low noise and vibration levels inside the cabin. Structural enhancements to the suspension and additional sound-absorbing materials further improve ride comfort and interior quietness, particularly on longer journeys or at motorway speeds.

    Optimized front and rear suspension tuning enhance driving stability and ride quality, ensuring confident handling under varying load conditions. Together, these measures create a relaxed and predictable driving character that suits both private and professional use.

    What is the core powertrain concept behind STARIA Electric?

    STARIA Electric is equipped with an 84-kWh battery and a 160-kW electric motor driving the front wheels. The 800-volt electrical system allows high power flow with minimal heat generation, enabling repeated fast charging and reliable performance on extended journeys. Proven battery modules from Hyundai’s latest EVs contribute to durability and thermal efficiency.

    How fast can STARIA Electric charge?

    On long journeys, short charging stops make a difference. Under optimal DC fast-charging conditions, STARIA Electric can recharge from 10 to 80 percent in around 20 minutes. For everyday charging at home or work, an 11 kW AC onboard charger is available. A heated charging-port cover improves usability in cold conditions.

    What range performance does STARIA Electric deliver in everyday use?

    With an estimated WLTP range of up to 400 kilometers, STARIA Electric ranks among the longest-range electric MPVs in its class. The combination of battery capacity, efficient motor calibration and 800-volt architecture delivers stable, predictable energy use across urban driving, motorway travel and mixed conditions.

    What can drivers expect from STARIA Electric’s on-road behavior?

    Smooth, linear acceleration is essential when carrying passengers and luggage, and it comes from instant electric torque. Predictable handling is supported by front wheel drive, while the vehicle’s high speed capability allows relaxed motorway cruising.

    How does STARIA Electric cope with high payloads?

    STARIA Electric is engineered to deliver stable and confident performance even when fully loaded. Its robust electric drivetrain provides consistent torque delivery, ensuring smooth acceleration and predictable handling under high payload conditions. A reinforced body structure and a suspension setup tuned for load-bearing applications support ride comfort and vehicle stability, while intelligent energy management helps maintain efficiency and driving range during demanding everyday use.

    What is the towing capability of STARIA Electric?

    With a towing capacity of up to 2,000 kg (braked), STARIA Electric is well suited for trailers, boats and leisure equipment. Optimized thermal management systems, including advanced cooling and battery conditioning, help maintain consistent performance during high-load operation or repeated fast-charging sessions. This ensures reliable towing capability without compromising driving comfort or overall system efficiency.

    Design and Exterior

    STARIA Electric carries the STARIA design language into the electric era based on Hyundai’s “Inside-Out” approach, which extends the spatiality and openness of interior design to the exterior, creating an exterior image that stands out with high-tech sensibility. The signature one-curve silhouette, low beltline and expansive glass surfaces create a distinctive appearance while forming the foundation for the vehicle’s generous interior space.

    What defines STARIA Electric’s design approach?

    EV-specific elements, including a closed front design and simplified surfaces, enhance aerodynamic efficiency and give STARIA Electric a clear electric identity. A tall roofline, two wide sliding doors and a large rear opening simplify access and loading, whether for everyday errands, leisure gear or passenger transport. Extensive glazing enhances visibility and creates a bright, open atmosphere on longer journeys. The front-mounted charging port improves convenience at public charging points and campsites alike.

    Across the front STARIA Electric also introduces a continuous horizontal light band. This single, uninterrupted lighting element enhances visual coherence, emphasizes vehicle width and contributes to a more clearly defined, technology-oriented front design.

    Which wheel options and colors are available?

    All variants feature 17-inch wheels optimized for comfort, efficiency and load capability. Eight exterior colors are available: Abyss Black Pearl, Creamy White, Classy Blue Pearl, Shimmering Silver Metallic, Ecotronic Gray Pearl, Cast Iron Brown Pearl, Dynamic Yellow, Galaxy Maroon Pearl.

    Depending on trim level, multiple interior color schemes can be selected: Black one-tone, Black/Ecru Beige two-tone, Black/Anthracite Brown two-tone, Black/Bordeaux Brown two-tone, Gray/Rotorua Cream two-tone.


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  • Govt notifies base prices, spectrum volumes for 5G auction

    Govt notifies base prices, spectrum volumes for 5G auction

    A representative image showing a telecommunications tower. — Reuters/File
    • Spectrum fee reflected in licence in equivalent Pakistani rupees.
    • PTA to conduct auction via transparent and competitive process.
    • Base price for 1 MHz paired spectrum in 700 MHz fixed at $6.5m.

    ISLAMABAD: The federal government has notified the base prices and spectrum volumes for the auction of next generation mobile services (5G), The News reported on Friday.

    A formal policy directive has been issued via the Ministry of Information Technology and Telecommunication after approval by the auction supervisory committee, chaired by Finance Minister Muhammad Aurangzeb.

    The policy states that the spectrum fee will be reflected in the licence in equivalent Pakistani rupees, with the US dollar to Pakistani rupee conversion based on the National Bank of Pakistan (NBP) TT selling rate prevailing on the day preceding the auction date.

    Under the directive, the Pakistan Telecommunication Authority (PTA) will conduct the auction through a transparent and competitive process, covering six spectrum bands.

    The auction will include 15 MHz of paired spectrum in the 700 MHz band, 36 MHz of paired spectrum in the 1800 MHz band, 20 MHz of paired spectrum in the 2100 MHz band, 50 MHz of unpaired spectrum in the 2300 MHz band, 190 MHz of unpaired spectrum in the 2600 MHz band, and 280 MHz of unpaired spectrum in the 3500 MHz band.

    The base price for 1 MHz paired spectrum in the 700 MHz band has been fixed at $6.5 million. For the 1800 MHz and 2100 MHz bands, the base price for 1 MHz paired spectrum has been set at $14 million each. In the case of unpaired spectrum, the base price has been fixed at $1 million per MHz in the 2300 MHz band, $1.25 million per MHz in the 2600 MHz band, and $0.65 million per MHz in the 3500 MHz band.

    Under the notified payment terms, a one-year moratorium from the date of licence issuance will apply, during which no payment or markup will be payable. Upon completion of the moratorium, licensees may either pay 100% of the spectrum fee by the first anniversary of licence issuance or opt for a deferred payment plan.

    Under the deferred option, at least 50% of the total spectrum fee must be paid by the first anniversary, while the remaining 50 per cent will be payable in five equal annual instalments starting from the second anniversary.

    The deferred amount will carry a cumulative markup at the rate of one-year KIBOR plus three per cent per annum, with the applicable KIBOR determined as per the rates prevailing on the relevant payment dates, as published by the State Bank of Pakistan.

    Early repayment of the outstanding balance, in full or in part, will be permitted without any prepayment penalty, though markup at the prescribed rate will apply up to the date of final payment.

    Successful bidders will be issued new spectrum licences for a period of 15 years. The licences will also incorporate provisions for spectrum trading and spectrum sharing in line with the approved regulatory framework.

    Following the completion of the spectrum auction, all existing Cellular Mobile Operators (CMOs) will be required — within a timeframe to be determined by the PTA — to comply with a spectrum rationalisation plan.

    The plan, to be issued by the PTA in consultation with the Frequency Allocation Board (FAB), aims to ensure optimal utilisation of contiguous spectrum holdings in the 1800 MHz and 2100 MHz bands.

    The PTA will issue an Information Memorandum (IM) detailing the auction mechanism, including eligibility criteria and procedural steps for participation. The auction will be conducted within the minimum reasonable time following the issuance of policy directive.

    The spectrum assignment will be technology-neutral, allowing its use for all existing and future advanced mobile technologies in line with the Government of Pakistan’s policy framework. Both existing CMOs and new entrants will be eligible to participate, subject to an overall spectrum cap of 40 per cent of the total spectrum available post-auction.

    Additionally, a cap of 55 MHz (2×27.5 MHz) will apply to aggregate low-band IMT spectrum holdings — comprising the 700 MHz, 850 MHz, and 900 MHz bands — including both existing and newly acquired spectrum. Further band-specific caps of 140 MHz in the 2600 MHz band and 200 MHz in the 3500 MHz band will also be enforced.

    Terms and conditions relating to phased Next Generation Mobile Services (NGMS) network rollout — covering parameters such as the number of cities, sites, fibre-to-the-tower connectivity, and enhanced Quality of Service (QoS) standards — will be incorporated into the licences by the PTA, as recommended by the advisory committee. These measures are aimed at accelerating mobile broadband penetration and improving service quality nationwide.

    Existing CMOs that participate in and secure spectrum through the auction will have their current network rollout obligations replaced with new obligations, along with revised financial instruments, in accordance with the mechanism outlined in the Information Memorandum.


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  • Emergent BioSolutions, PANTHER Partner to Advance Africa CDC-Led MpOx Study – Africa CDC

    Emergent BioSolutions, PANTHER Partner to Advance Africa CDC-Led MpOx Study – Africa CDC

    GAITHERSBURG, Md. PARIS, Addis Ababa, January 8, 2025 – Emergent BioSolutions has announced a collaboration agreement with PANTHER to provide additional financial support to continue progressing the Africa CDC-led ‘MpOx Study in Africa’ (MOSA). This initiative aims to advance research into effective treatments for patients diagnosed with mpox, a virus for which there is currently no dedicated antiviral therapy.  

    Launched in 2024, MOSA is a double-blind, platform-adaptive clinical trial designed to evaluate potential treatment options for mpox across multiple African countries. The study initially received funding from the European Union and Africa CDC, with the Democratic Republic of the Congo (DRC) being a major area of focus.  

    An independent data and safety monitoring board (DSMB) completed its initial review of MOSA safety data in December 2025, after the first 50 patients were randomised, and recommended continuing the trial, with no safety concerns identified.  

    “We applaud Africa CDC, the DRC investigators, and PANTHER for their efforts in reaching this important milestone and are proud to support the advancement of the MOSA trial,” said Simon Lowry, M.D., chief medical officer, head of research and development, Emergent. “Emergent is committed to collaborating with research partners around the world to study medications that address global health threats.”

    As the study continues, Africa CDC and PANTHER intend to extend the study to new countries, including a site in Uganda, and enrol patients to reach the next milestone.

    “This study represents a critical step in generating evidence to inform mpox treatment and strengthen Africa’s capacity to respond to emerging health threats,” said Africa CDC Director General, Dr Jean Kaseya. “Africa CDC will continue working closely with partners whose collaboration and support are essential in advancing research and improving preparedness across the continent.”

    Since the beginning of 2024, the continent has reported more than 61,383 confirmed cases and 296 deaths across 32 countries, according to Africa CDC. Africa has both major mpox clades, Clade I, which is endemic to Central Africa and causes more severe illness, and Clade II, which is more prevalent in West Africa, while recent outbreaks have featured subclades like Clade Ia, Ib and Clade IIa and IIb.

    About Emergent BioSolutions  
    Emergent’s mission is to protect and save lives. For over 25 years, it has been at work preparing those entrusted with protecting public health. The organization delivers protective and life-saving solutions for health threats like smallpox, mpox, botulism, Ebola, anthrax and opioid overdose emergencies. To learn more about how Emergency helps prepare communities around the world for today’s health challenges and tomorrow’s threats, visit their website and follow them on LinkedIn, X, Instagram, Apple Podcasts and Spotify.   

    About the Pandemic Preparedness Platform for Health and Emerging Infections Response (PANTHER)

    PANTHER is an African-led pandemic preparedness platform for health and emerging infection response. Bringing together leading African and global researchers and public health teams, it aims to create regional hubs and clinical research platforms to support preparedness and rapid response to emerging infectious diseases globally, particularly in Africa. For more information, visit https://pantherhealth.org.

    PANTHER is sponsoring MOSA as part of the MPX-RESPONSE Project that has received funding from the European Union’s Horizon Europe Research and Innovation programme under grant agreement 101115188.

    About Africa Centres for Disease Control and Prevention (Africa CDC)

    The Africa Centres for Disease Control and Prevention (Africa CDC) is a public health agency of the African Union. It is autonomous and supports member states in strengthening health systems. It also helps improve disease surveillance, emergency response, and disease control. Learn more at: Africa CDC and connect with us on LinkedIn, Twitter, Facebook and YouTube.

    Investor Contact:  
    Richard S. Lindahl  
    Executive Vice President, CFO, Emergent
    lindahlr@ebsi.com  

    Media Contacts:  
    Assal Hellmer  
    Vice President, Communications, Emergent
    mediarelations@ebsi.com  

    Jessica Ilunga
    Communications Officer, PANTHER
    media@pantherhealth.org  

    Margaret Edwin
    Director of Communication and Public Information Africa CDC

    EdwinM@africacdc.org

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  • Australian shares finish flat ahead of US jobs report

    Australian shares finish flat ahead of US jobs report

    The Australian sharemarket has finished flat heading into another important US jobs readout and a potential blockbuster Supreme Court ruling on the legality of Donald Trump’s trade war.

    The S&P/ASX200 index on Friday ended three points lower at 8,717.8, a drop of 0.03 per cent, while the All Ordinaries dipped about a half-point to 9,045.9.

    For the week, the ASX200 dropped 10 points, or 0.1 per cent, in its second straight week of losses.

    Four of the ASX’s 11 sectors finished higher and six finished lower, with utilities flat.

    Energy was the biggest mover, rising 2.1 per cent as oil prices rebounded. Brent crude was changing hands at US$62 a barrel, after falling below $US60 shortly after the US strike in Venezuela.

    The Australian dollar was trading for 66.95 US cents, down from 67.03 US cents on Thursday at 5pm.

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  • PSX sees mixed activity amid cautious trading

    PSX sees mixed activity amid cautious trading

    KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) on Friday recorded a mixed trading activity as investors seem to be cautious on last day of the business week.

    The current index stands at 185,594.71 point, showing an increase of 51.70 points or 0.03% as investors have adopted a wait-and-see approach ahead of the weekend.

    The market reached a high of 186,180.32 points and a low of 184,987.26 points during the session, reflecting mixed investor sentiment.

    The previous close was recorded at 185,543.01, indicating only a slight change in overall performance.

    In previous session, the benchmark KSE-100 index closed bearish, losing 975.70 points, a negative change of 0.52 percent, to settle at 185,543.01 points compared to 186,518.72 points on the previous trading day, according to PSX data.

    During the session, the ready market witnessed a trading volume of 1,433.986 million shares with a traded value of Rs 91.336 billion, against 1,329.490 million shares valuing Rs 86.587 billion in the previous session.

    Out of 481 active companies in the ready market, 209 advanced, 245 declined, while 27 remained unchanged.

     


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  • Valneva to Meet with Investors during the J.P. Morgan Healthcare Conference

    Saint Herblain (France), January 09, 2026 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced that members of its management team will meet one-on-one with existing shareholders and hold meetings with other institutional specialist investors during the 44th Annual J.P. Morgan Healthcare Conference, January 12-14, 2026, in San Francisco.

    To access the full release, please click on the PDF below.

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  • Yara Capital Markets Day 2026: Driving Resilient Earnings and Sustainable Growth towards 2030

    Yara Capital Markets Day 2026: Driving Resilient Earnings and Sustainable Growth towards 2030

    Oslo, 9 January 2026: Yara, the world-leading crop nutrition and ammonia company, is driving a fit-for-future business model to seize global opportunities and deliver solutions to global challenges. At its Capital Markets Day 2026, Yara presents its core strategic priorities to drive returns and deliver sustainable growth – today and in the years ahead. 

    Key Highlights

    • Yara targets over USD 600 million in free cash flow1 expansion from 2024 to 2030, with more than USD 250 million already delivered, and an additional USD 350 million targeted by 203
    • Optimizing global assets to boost capital productivity through portfolio optimization and strict capital reallocation
    • Premium product portfolio underpinning resilient earnings, farmer profitability and sustainability through improved nutrient use efficiency and reduced environmental impact
    • Reaffirming its capital allocation policy, committed to increase shareholder returns and consistent distributions, with cyclical upside
    • Advancing low-cost, low-emission ammonia growth, including a potential US investment in partnership with Air Products with strong scale benefits and optimal EBIT2 profile to drive strong returns

    “Yara operates where the world’s biggest challenges meet the biggest opportunities. The need to feed a growing population, improve land use efficiency, and cutting emissions are influencing regulations, investment flows and customer demand. As an early mover in prioritized areas, Yara is uniquely positioned to capitalize on these opportunities and create long-term value for shareholders, customers, employees and society at large. With a proven business model delivering strong shareholder returns through scale, operational efficiency, energy flexibility, and knowledge margin, Yara is positioned for sustained value creation,” says President & CEO of Yara International ASA, Svein Tore Holsether. 

    Yara remains committed to delivering long-term value through sustained cash flow growth and disciplined resource allocation – supported by active portfolio management and strict capital prioritization. With its resilient, future-ready business model, Yara is positioned to generate strong shareholder returns today and in the future.

    Yara reaffirms its capital allocation policy, targeting a BBB/Baa2 credit rating, net debt/EBITDA3 of 1.5–2.0, and net debt/equity3 below 0.60. The company will maintain strict capital discipline, prioritizing US ammonia development subject to final investment decision. The planned USD 2 billion US investment fits within Yara’s average annual capex level of approximately USD 1.2 billion (real) throughout the cycle, supporting strong free cash flow, a solid balance sheet, and shareholder distributions in line with policy also during an investment period.

    Yara hosts its Capital Markets Day in Oslo today, starting 09:00 CET. 
    The webcast and presentation are available at https://www.yara.com/investor-relations/cmd-2026/ 

    1) Net cash provided by operating activities minus net cash used in investment activities as presented in the consolidated statement of cash flows
    2) Earnings Before Interest and Taxes
    3) For definition and reconciliation see APM section in the 3Q 2025 report, pages 22-29

    Contact
    Maria Gabrielsen, Investor Relations
    M: +47 920 900 93
    E: maria.gabrielsen@yara.com

    Tonje Næss, Media Relations
    M: +47 408 44 647
    E: tonje.nass@yara.com

    About Yara

    Yara’s mission is to responsibly feed the world and protect the planet. We pursue a strategy of sustainable value growth through reducing emissions from crop nutrition production and developing low-emission energy solutions. Yara’s ambition is focused on growing a nature-positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.

    To drive the green shift in fertilizer production, shipping, and other energy intensive industries, Yara will produce ammonia with significantly lower emissions. We provide digital tools for precision farming and work closely with partners at all levels of the food value chain to share knowledge and promote more efficient and sustainable solutions.

    Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. With 17,000 employees and operations in more than 60 countries, sustainability is an integral part of our business model. In 2024, Yara reported revenues of USD 13.9 billion.

    www.yara.com 
     

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