Category: 3. Business

  • Scientists develop stronger, longer-lasting perovskite solar cells

    Scientists develop stronger, longer-lasting perovskite solar cells

    The study, published today in the journal Science, focuses on understanding how the chemical structure of the amidinium ligand controls the formation of the low-dimensional perovskite phase atop the conventional three-dimensional perovskite.

    These highly ordered layers form a smooth, stable protective layer that prevents tiny defects from forming, allowing electrical charges to flow more efficiently and preventing the devices from degrading under heat or light.

    Using this approach, the team developed solar cells with a power conversion efficiency of 25.4%, while maintaining over 95% of performance after 1,100 hours of continuous operation at 85°C under full sunlight.

    Professor Anthopoulos said: “Perovskite solar cells are seen as a cheaper, lightweight and flexible alternative to traditional silicon panels, but they have faced challenges with long-term stability. Current state-of-the-art perovskite materials are known to be unstable under heat or light, causing the cells to degrade faster. The amidinium ligands we’ve developed, and the new knowledge gained, allow the controlled growth of high-quality, stable perovskite layers. This could overcome one of the last major hurdles facing perovskite solar cell technology and ensure it lasts long enough for large-scale deployment.” 

    This research was published in the journal Science

    Full title: Multivalent ligands regulate dimensional engineering for inverted perovskite solar modules

    DOI: 10.1126/science.aea0656

    URL: https://www.science.org/doi/10.1126/science.aea0656 

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  • MAS Proposes Legislative and Regulatory Changes to Facilitate Dual Listings on Global Listing Board

    MAS Proposes Legislative and Regulatory Changes to Facilitate Dual Listings on Global Listing Board

    Singapore, 9 January 2026… The Monetary Authority of Singapore (MAS) is seeking feedback on proposed amendments to the Securities and Futures Act 2001 (SFA) and draft regulations to facilitate dual listings on the Global Listing Board (GLB). The GLB, to be set up for the purpose of dual listings on SGX and Nasdaq, was announced on 19 November 2025. The proposed amendments aim to minimise friction for dual listings in three ways – to enable the use of a single prospectus; to align initial public offering (IPO) timelines between the U.S. and Singapore; and to permit issuers to conduct certain activities in a manner similar to practices in the U.S., such as when making forward-looking statements.

    2. The regulations will streamline the listing process for issuers seeking a dual listing on the Global Listing Board.

    a. The use of a single set of offer documents will be facilitated by requiring that the Singapore prospectus contains information that is in line with that already required for listing in the U.S. 
     
    b. Alignment of the IPO timeline between the U.S. and Singapore will be facilitated by shortening the registration process in Singapore. 

    3. The regulations will also include safe harbour provisions in line with practices in the U.S. market to facilitate the publishing of forward-looking statements, the undertaking of share repurchases and the execution of pre-determined trades. These safe harbours do not provide a valid defence against fraud or dishonesty and will only apply if certain conditions are met.

    4. The proposed amendments to the SFA provide MAS with the flexibility to, should future opportunities arise, adopt a similar streamlined regulatory framework for dual listings from jurisdictions that have disclosure requirements that are comparable to and in line with international disclosure standards.

    5. Aside from the above, MAS is proposing other amendments to facilitate the offering process for all listings. The key amendment is to permit issuers to engage retail investors earlier in the IPO process. This will support bookbuilding efforts, as well as give investors more time to familiarise themselves with the issuers and their intended offers. Specifically for issuers seeking a dual listing on the Global Listing Board, the proposal will allow them to align the timing of their engagement with retail investors in both the U.S. and Singapore. 

    6. MAS and SGX will make the final decision on all listings and prospectus registrations in Singapore. MAS will also continue to work with the relevant authorities in Singapore to investigate and take action against breaches of disclosure requirements and market misconduct occurring in Singapore under the SFA. 

    7. SGX RegCo has issued a consultation paper dated 9 January 2026 to seek feedback on the listing rule book for the Global Listing Board.


    8. MAS invites views and suggestions from interested parties on the proposals set out in the consultation paper which is available here . Comments may be submitted via the FormSG link by 8 February 2026.

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  • Consultation Paper on Proposed Amendments to the Securities and Futures Act and Regulations in Relation to the Global Listing Board

    Consultation Paper on Proposed Amendments to the Securities and Futures Act and Regulations in Relation to the Global Listing Board



    This consultation paper seeks feedback on proposed amendments to the Securities and Futures Act 2001 and draft regulations to facilitate dual listings on the Global Listing Board.

    Consultation Number:


    P001-2026


    Start Date:


    09 January 2026


    Closing Date:


    08 February 2026




    This consultation closes at 11.59 PM on 8 February 2026.


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  • 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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