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- Government of Canada invests in CDL Defence to accelerate dual-use technologies from research to deployment
TORONTO, Canada. February 26, 2026 Creative Destruction Lab (CDL) is receiving a Government of Canada investment, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to support its newly launched CDL Defence program. The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for FedDev Ontario, made the announcement at the University of Toronto’s Rotman School of Management. This funding will accelerate dual-use technologies that serve both commercial markets and defence applications. CDL Defence is a global program designed to support science-based ventures. These ventures are developing technologies that directly address operational needs in defence, national security, and critical infrastructure across domains including autonomy, space systems, advanced materials, energy, and medtech. CDL Defence provides founders with direct access to experienced mentors who’ve built dual-use companies, operators who understand defence requirements, and procurement expertise to bridge the gap from breakthrough research to scaled deployment. The inaugural program year is currently underway, operating across six CDL sites in Canada and Europe (CDL-Atlantic, CDL-Berlin, CDL-Estonia, CDL-Rockies, CDL-Toronto, and CDL-Vancouver), with in-person sessions taking place alongside major security forums including the Halifax International Security Forum and Munich Security Conference. The CDL Defence program is also supported by partners Osler and BDC , and will welcome new applicants in Fall 2026. Learn more here. “Canadian innovators are developing technologies that are essential to our national security and our future economic prosperity. Through the launch of the Defence Industrial Strategy and RDII investments, the Government of Canada is helping build the technologies and capabilities needed to strengthen our sovereignty and support the growth of Canada’s defence sector,” said the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario. “Today’s investments in Creative Destruction Lab support the development of sovereign technologies to meet Canada’s defence needs.” “This investment recognizes that commercializing research is critical to Canada’s technology leadership and economic resilience. With the support from FedDev Ontario, CDL Defence provides the structured environment science-based founders need as they navigate from breakthrough research to deployment,” said Sonia Sennik, CEO of Creative Destruction Lab. About Creative Destruction Lab Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies. Its nine-month program allows founders to learn from experienced entrepreneurs, increasing their likelihood of success. Founded by Professor Ajay Agrawal in 2012 at the University of Toronto’s Rotman School of Management, the program has expanded and now has 16 sites across ten countries: Toronto, Vancouver, Calgary, Montreal, Halifax, Paris, Madison, Seattle, Estonia, Berlin, Melbourne, College Station, Milan, London, San Sebastian, and Doha. About FedDev Ontario Since 2009, the Government of Canada, through FedDev Ontario , has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation, growth and job creation in Canada’s most populous region. The Agency has delivered impressive results, which can be seen in southern Ontario businesses that are creating innovative technologies, improving productivity, growing revenues, creating jobs, and in the economic advancement of communities across the region. Learn more about the impact the Agency is having in southern Ontario by exploring our impact stories , our Southern Ontario Spotlight , and FedDev Ontario’s X , Facebook , Instagram and LinkedIn accounts. Media Contact: Sofia Ouslis Press Secretary Office of the Minister of Artificial Intelligence, Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario sofia.ouslis@ised-isde.gc.ca Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- President Trump Participates in the Board of Peace Event
WASHINGTON D.C., United States of America. February 19, 2026. Video Source: Youtube/The White House Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- Keppel Private Credit Fund III secures new capital from AIIB, grows FUM to over US$561 million
SINGAPORE. 10 February 2026 The partnership aims to facilitate and mobilise up to US$1.5 billion worth of sustainable infrastructure investments and financing opportunities across Asia Pacific, focusing on projects developed by Keppel and invested in by its private funds. Global asset manager and operator Keppel Ltd. (“ Keppel ”) announced today that the Asian Infrastructure Investment Bank (“ AIIB ”) has committed US$75 million to Keppel Private Credit Fund III (“ KPCF III ”), along with a co-investment sleeve of up to US$50 million. This brings AIIB’s total commitment to up to US$125 million (S$159 million), boosting KPCF III’s total Funds under Management (“ FUM ”) to over US$561 million (S$725 million). This marks AIIB’s first investment under the strategic partnership agreement signed in June 2025 with Keppel, through its fund management and investment platforms. The partnership aims to facilitate and mobilise up to US$1.5 billion worth of sustainable infrastructure investments and financing opportunities across Asia Pacific, focusing on projects developed by Keppel and invested in by its private funds. Ms Christina Tan, CEO of Fund Management and Chief Investment Officer, Keppel, said, “Rapid urbanisation and digital transformation are reshaping the Asia Pacific region, driving infrastructure needs in excess of US$1.7 trillion annually through 2030 [1] . Meeting this demand at scale requires visionary partnerships that can mobilise both capital and expertise efficiently to deliver resilient, future-ready solutions in the face of climate and resource challenges. “AIIB has been a longstanding partner with Keppel across multiple fund strategies and asset classes. AIIB’s commitment to KPCF III is a strong endorsement of our institutional-grade platform and differentiated private credit strategy. Building on our collaboration with AIIB, we aim to help narrow the infrastructure gap in Asia Pacific while continuing to deliver attractive risk-adjusted returns to our investors.” “Building on our strong and established strategic partnership, AIIB’s investment in KPCF III underscores our continued commitment to working with Keppel in advancing Asia-Pacific region’s transition towards a more sustainable and low-carbon future,” said Kim-See Lim, Chief Investment Officer, Public Sector (Region 1) & Financial Institutions and Funds (Global) Clients, AIIB. “This collaboration reflects AIIB’s broader mission of mobilising capital and fostering partnerships that deliver long-term impact for our Members and communities.” KPCF III is the third vintage in Keppel’s private credit fund series, following Pierfront Capital Mezzanine Fund and Keppel-Pierfront Private Credit Fund, which AIIB had also backed in 2021. With AIIB’s latest commitment, KPCF III has already raised 170% of the third-party capital achieved by its predecessor fund, underscoring the strong investor confidence in Keppel’s differentiated private credit strategy. Keppel’s private credit strategy provides bespoke loans to companies with defensive infrastructure-like operating businesses, across a wide range of real asset sectors, including renewable energy, transportation, telecommunications, logistics, social infrastructure and other core infrastructure in Asia Pacific. To date, approximately US$260 million under KPCF III has been deployed across core infrastructure, renewables, data centres and social infrastructure projects in the region. Since 2016, Keppel’s private credit fund series has deployed over US$1 billion across 34 investments. More than half of these investments have been fully exited, delivering an attractive average return profile in the low- to mid-teens. The above-mentioned development is not expected to have any material impact on the earnings per share and net tangible assets per share of Keppel Ltd. for the current financial year. - END - About Keppel Ltd. Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts. [1] Asian Development Bank report, “Meeting Asia’s Infrastructure Needs”. Source Link: https://www.keppel.com/media/keppel-private-credit-fund-iii-secures-new-capital-from-aiib-grows-fum-to-over-us561-million-/ Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- Up to $130 Million to Fuel Drug Discovery and Development at the University of Chicago
CHICAGO, USA. January 29, 2026. The University of Chicago and health care investment firm Deerfield Management announced today the launch of Hyde Park Discovery, a collaboration to advance the development of new drugs and other life-saving treatments for disease. Leaders from the University of Chicago and Deerfield Management came together to formalize the agreement and establish Hyde Park Discovery. From left to right: Nadya Mason, Dean of Pritzker School of Molecular Engineering and Interim VP for Science, Innovation and Partnerships, UChicago; Nadim Shohdy, Deerfield; Frank Nestle, Deerfield; Jennifer Ponting, AVP for Research Administration, UChicago; and Bill Slattery, Deerfield. Over the next ten years, Deerfield will provide up to $130 million in targeted funding, as well as operational and scientific expertise to advance UChicago discoveries with the potential to improve disease treatments. The signing ceremony took place on January 28th “The Biological Sciences Division at UChicago and the UChicago Medicine health system comprise a distinct environment that brings together basic researchers studying fundamental biology and physicians who provide advanced patient care. It is crucial to have the kind of support and innovative capabilities that Deerfield brings to accelerate discoveries and create meaningful results for our community and the world,” said Mark Anderson, dean of the Biological Sciences Division and the Pritzker School of Medicine and executive vice president for Medical Affairs at UChicago. In addition to this new collaboration, UChicago is also part of several other initiatives that further enhance the commercialization ecosystem on the South Side of Chicago. Other efforts include the UChicago Science Incubator at Hyde Park Labs , a strategic agreement with Orange Grove Bio to catalyze biotech innovation, and the Chan Zuckerberg Biohub Chicago , through which nine UChicago-led projects were recently awarded a total of $7.2 million to support visionary early-stage research. Samir Mayekar, associate vice president and managing director of the Polsky Center for Entrepreneurship and Innovation shows Deerfield Investment leaders around the offices at Harper Court, including the new Hyde Park Labs building currently under construction and set to open later this year. “Bringing innovative ideas and technologies from the University of Chicago ecosystem to the world is the mission of the Polsky Center, and collaborations such as this help us make this goal a reality,” said Samir Mayekar, associate vice president and managing director of the Polsky Center for Entrepreneurship and Innovation, which houses the University’s official technology transfer office. “Backed by Deerfield’s scientific capabilities, we are optimistic that this agreement and the work that follows will result in new potential treatments and cures getting into the hands of the patients who need them.” Nadya Mason, dean of the Pritzker School of Molecular Engineering and Interim VP for Science, Innovation and Partnerships was among the signatories. A joint steering committee made up of leadership from UChicago, the Polsky Center for Entrepreneurship and Innovation, and Deerfield’s scientific team will evaluate projects based on several criteria with the goal of achieving Investigational New Drug readiness on an accelerated timeline. This operating model has the potential to bring new drugs to the market more quickly and cost-effectively. “Our partnership with the University of Chicago and the Polsky Center underscores Deerfield’s conviction in the significant translational potential of the research that takes place there,” said James Flynn, managing partner at Deerfield. “In joining forces, we look forward to advancing compelling therapeutics together.” Several partners joined for the event. The University of Chicago is on the forefront of groundbreaking research and clinical development with a leading academic medical system, more than 160 interdisciplinary institutes and centers, and 50 state-of-the-art core facilities. World-class faculty bring together the fundamentals of medicine and advanced technology breakthroughs, along with expertise in computer science, AI, materials science, chemistry, and more. Last year, these researchers brought in more than $750 million in federal research awards. “We are thrilled about partnering with Deerfield in the pursuit of commercializing discoveries made at the University of Chicago that have the potential to impact patient care,” said Scott Oakes, professor and vice dean of clinical science research in the Biological Sciences Division at UChicago. “This investment attests to the incredible science being done here and helps to advance our mission of bringing the fruits of that research to the world.” Source Link: https://polsky.uchicago.edu/2025/01/29/up-to-130-million-to-fuel-drug-discovery-and-development-at-the-university-of-chicago/ Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- Update on the Collateral Ratio Under Portfolio Margin and the Leverage & Margin Tiers of USDⓈ-M Perpetual Contracts (2026-02-27)
ABU DHABI, UAE. February 23, 2026. Binance will update the collateral ratio and Tiered Collateral Ratio for PM Pro for the following assets under Portfolio Margin from 2026-02-27 06:00 (UTC). The update will be completed within approximately 30 minutes.The following assets under Portfolio Margin and PM Pro will be adjusted on 2026-02-27 06:00 (UTC): Read full on Source Link: https://www.binance.com/en/support/announcement/detail/44b6fb4bfc994057939918ab98d906bb Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- Bank of Singapore bolsters leadership with appointment of new Global Chief Financial Officer
SINGAPORE, HONG KONG, DUBAI. January 17, 2026. Bank of Singapore today announced the appointment of Mr Collins Chin (陈异凯) as Global Chief Financial Officer (环球首席财务官) with immediate effect. Prior to this appointment, Mr Chin was the Head of Investor Relations at Singapore Stock Exchange listed financial services company, Oversea-Chinese Banking Corporation Limited ('OCBC'). Bank of Singapore is a wholly-owned subsidiary of OCBC. Mr Chin will be a member of the Bank’s global management committee, reporting to Bank of Singapore’s Chief Executive Officer, Mr Jason Moo (巫毅盛). Mr Chin joined OCBC in July 2009 as the Head of Group Financial and Management Reporting. He assumed the position of Head of Investor Relations in May 2013. In this role, Mr Chin spearheaded engagement with the investment community, drove effective messaging of OCBC’s strategy and priorities, and led investor engagement for OCBC’s capital raising and merger and acquisition initiatives. Prior to joining OCBC, Mr Chin held regional leadership roles in Royal Bank of Scotland, Standard Chartered Bank and Barclays Capital across the finance, capital markets and risk functions. Mr Jason Moo, Bank of Singapore’s Chief Executive Officer, said: “We are delighted to welcome Collins to the Bank of Singapore senior management team. His appointment is testament to the commitment of OCBC Group to nurture homegrown talent and provide opportunities for career progression and mobility across the Group. Collins is highly regarded as a strong leader with a forward-looking and innovative mindset. His extensive experience, coupled with his strong people management skills, positions him well to steer Bank of Singapore forward as we pursue our ambitious goals." Collins holds a bachelor’s degree in accountancy from Nanyang Technological University and is a Chartered Accountant of Australia and New Zealand. Source Link: https://www.bankofsingapore.com/media-releases/2026/bank-of-singapore-bolsters-leadership-with-appointment-of-new-global-chief-financial-officer.html Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- Powering Germany's battery future: the forces that led to a new incubator at TUM Venture Labs
Germany. February 3, 2026 The landscape remains stable but fragmented , and early-stage battery deeptech teams face a unique set of scientific, industrial, and scale-up hurdles. Batteries are at the core of a stable energy future. As Germany expands renewable energy capacity and electrified mobility, the demand for battery cells is projected to surge from today's 22 GWh to 125 GWh by 2030. Yet the country still imports three times more batteries than it produces, despite hosting strong cell manufacturing suppliers, gigafactory activity, and Europe's most vibrant battery startup ecosystem — accounting for 35% of all battery startups on the continent. The challenge? The landscape remains stable but fragmented , and early-stage battery deeptech teams face a unique set of scientific, industrial, and scale-up hurdles. At TUM Venture Labs ChemSpace and Climate / Circular, this pattern grew increasingly evident. Several early-stage projects were pushing boundaries in battery materials and energy storage — and among them was Qkera, developing next-generation solid-state electrolytes for greener, safer, high-performance batteries. Qkera's rapid progression underscored a broader need: a dedicated incubator tailored specifically to battery innovation. Qkera: Powered by an ecosystem for deeptech breakthroughs Qkera's scientific journey began in 2018 at MIT, when the core technology was first explored by Prof. Dr. Jennifer Rupp. In 2022, the work transitioned to TUM, laying the technical and entrepreneurial foundation for what would become one of Germany's most promising battery ventures. By January 2024, Qkera officially incorporated — marking the start of its entrepreneurial chapter, and joined TUM Venture Labs Circularity. Shortly after, in March 2024, the team joined both XPRENEURS and TUM Venture Labs ChemSpace, gaining access to expert guidance, infrastructure, and mentorship. Their momentum continued: by July 2024, Qkera secured funding from UnternehmerTUM Funding for Innovators and several business angels, and welcomed Martin Goetzeler (former CEO of OSRAM, Aixtron, and dSPACE) to its advisory board. In February 2025, Qkera joined the EIT Manufacturing Venture Building Program — coinciding with the official opening of the Battery Startup Incubator, where Qkera's founder, Jennifer Rupp, stepped in as an advisor. The journey reached another milestone in October 2025, when the startup closed a seven-digit pre-seed round with InnoEnergy, reinforcing its position as a rising leader in the European energy storage landscape. Qkera's trajectory — alongside other promising startups such as Limatica, Litricity, and Manugy — made one thing unmistakably clear: battery ventures require tailored support, specialized infrastructure, and a network deeply embedded in energy storage industries. Introducing Germany's dedicated battery startup incubator The Battery Startup Incubator emerged to accelerate battery startup projects across Germany, covering the entire battery supply chain and industries. This is the first-of-its-kind offering within the TUM Venture Labs, aiming to support startup projects nationwide and across the entire battery value chain, backed by the BMFTR and supported by TUMint.Energy . The Battery Startup Incubator now stands as Germany's dedicated launchpad for early-stage battery innovation, strengthening the national energy storage landscape and ensuring that world-class science — like Qkera's — reaches commercial impact faster. The official introduction of the Battery Startup Incubator took place at the Ultimate Demo Day, one of the flagship events of the UnternehmerTUM ecosystem. There, Tanja Zuend, Head of the Battery Startup Incubator, together with advisor Sabine Oldemeyer, presented BaStI to startups and ecosystem stakeholders by opening the Pitch Session for Next-Gen Materials & Catalysts—marking the incubator's public launch and its commitment to powering the next generation of battery and materials innovation. If you are a scientist, founder, or early-stage team working on battery-related technologies and looking to become part of this growing ecosystem, we invite you to apply via the TUM Venture Labs platform and select ChemSpace . Let's accelerate battery innovation together. Source Link: https://www.unternehmertum.de/news/powering-germanys-battery-future-the-forces-that-led-to-a-new-incubator-at-tum-venture-labs Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- ADB Supports Bhutan’s Trade Expansion and Diversification to Build a Competitive, Resilient Economy
MANILA, Philippines. February 10, 2026 The assistance comprises a $13 million policy-based loan and a $12 million policy-based grant funded through the ADB-administered Asian Development Fund (ADF). The Asian Development Bank (ADB) has approved a $25 million financing package to help the Royal Government of Bhutan accelerate trade expansion and economic diversification. The assistance comprises a $13 million policy-based loan and a $12 million policy-based grant funded through the ADB-administered Asian Development Fund (ADF) . The Trade Expansion and Diversification (TREAD) Program will support comprehensive policy, legal, regulatory, procedural, and institutional reforms to strengthen Bhutan’s trade ecosystem and foster private sector–led inclusive growth. The reforms are expected to enhance export competitiveness and expand market access for Bhutanese enterprises. “This program reflects ADB’s commitment to supporting the Kingdom of Bhutan to build a resilient and diversified export-oriented economy that is fully consistent with its environmental sustainability and climate neutrality goals,” said ADB Country Director for Bhutan Sonomi Tanaka. “These high-impact, cross-sector reforms will widen access to global markets and value chains, increase foreign direct investment in priority sectors, and build long-term economic resilience.” Bhutan’s narrow economic base, limited production capacity, low productivity, and underdeveloped trade ecosystem—together with its landlocked geography, rugged terrain, and inefficient logistics systems—have led to high trade costs and weak export competitiveness. Although state-owned enterprises dominate the economy, most registered enterprises are small, and 95% contribute less than 5% to the country’s gross domestic product. While extreme poverty has been eradicated, unemployment and underemployment persist, particularly among the youth. The program addresses these structural challenges by consolidating the fragmented institutional landscape and strengthening operational capacity, expanding Bhutan’s formal trade partnerships, digitalizing customs and logistics systems, and improving policy and regulatory frameworks to facilitate private sector investments to generate economic benefits nationwide. The program builds on ADB’s ongoing support in developing South Asia’s trade facilitation ecosystem. The program aligns with and contributes to key objectives of Bhutan's Thirteenth Five-Year Plan, including improving the investment climate and promoting economic diversification. The ADF provides grants to the poorest and most vulnerable countries in Asia and the Pacific. During 2021–2024, the fund helped 384,000 people emerge from poverty and generated around 500,000 jobs. ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region. Source Link: https://www.adb.org/news/adb-supports-bhutan-trade-expansion-and-diversification-build-competitive-resilient-economy Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- NYSE Launches NYSE Texas Advisory Board to Shape Future Expansion in the State
NEW YORK, USA. Feb 12, 2026 NYSE Texas reached the milestone of 100 dual-listings in December 2025, signifying NYSE Texas as the leading exchange in the state. The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the launch of the NYSE Texas Advisory Board to support its mission to provide public companies with a listing and trading venue centered within the vibrant economy of the southwestern U.S. Founding members include Amanda Brock, Co-CEO of Solaris Energy Infrastructure (NYSE: SEI), Scott Mueller, Managing Director of the Southwestern region at Goldman Sachs (NYSE: GS), and Edward Crawford, Co-Founder and Co-CEO of Coltala Holdings. “Establishing the NYSE Texas Advisory Board on the one‑year anniversary of the announcement of NYSE Texas underscores the momentum and meaningful progress we’ve achieved in only twelve months,” said Lynn Martin, President, NYSE Group. “With more than 100 dual-listings to date, and growing, we look forward to continuing to offer the highest level of support to our issuers in the state of Texas and beyond.” “We’re excited to accelerate the growth of NYSE Texas and to strengthen our connection to the companies we serve in the region,” said Bryan Daniel, President, NYSE Texas. “This group of founding members is the perfect team to help guide our efforts moving forward, and I look forward to working closely with them as NYSE Texas continues to expand.” NYSE Texas reached the milestone of 100 dual-listings in December 2025, signifying NYSE Texas as the leading exchange in the state. About Intercontinental Exchange Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology , we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here . Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).” Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026. Category: ICE Exchanges SOURCE: Intercontinental Exchange ICE-CORP ICE Media Contact:Rebecca Mitchell media@ice.com ICE Investor Relations Contact:Steven Eagerton Steve.eagerton@ice.com +1 (904) 854-3683 investors@ice.com Source: Intercontinental Exchange Source Link: https://ir.theice.com/press/news-details/2026/NYSE-Launches-NYSE-Texas-Advisory-Board-to-Shape-Future-Expansion-in-the-State/default.aspx Alexander Solomon Report is a socio-corporate media platform of highlights on company news and industry events. The ASR TV E xposé offers higher interests and wider readership in return for mileage. For postings and publicity, email to info@alexandersolomonreport.com
- World Governments Summit: World leaders gather in Dubai to discuss future governance strategies
DUBAI, UAE. February 05, 2026 Now in its twelfth edition, this year's summit is expected to be the largest so far, with more than 35 world leaders and representatives from over 1-hundred international organizations in attendance. The World Governments Summit 2026 is underway in Dubai. The event brings together heads of state, ministers, policy-makers, and business leaders from across the globe. Now in its twelfth edition, this year's summit is expected to be the largest so far, with more than 35 world leaders and representatives from over 1-hundred international organizations in attendance. CGTN's Nadia Swan has more. At a time of grave geopolitical tensions and rapid technological change, governments are under growing pressure to adapt, innovate and cooperate. This week in Dubai, leaders from around the world are gathering to debate and discuss what the future of governance should look like. This year's summit is centred on the theme Shaping Future Governments, with a strong focus on global governance, artificial intelligence, smart mobility and sustainability. Leaders and experts are exploring how governments can remain resilient and responsive as global challenges become increasingly complex and interconnected, from technological disruption to climate change and economic uncertainty. Cooperation in many sectors between China and the Gulf states however, is flourishing. SALEM AL SHAMSI, Executive Vice President of International Relations, Dubai Chambers "There are many sectors where we've seen success. In a couple of them, including, automotive, in recent years. We believe that, digital economy is something that has a future. Dubai has been working on having this infrastructure and the policies to excel in that part. There is a positive outlook towards, the, relationship and economic ties between both nations." One of the key themes emerging from this year's summit is the deepening economic and technological partnership between China and the Gulf region, particularly in future-focused industries. DR. LIU FENG, Chairman, Beijing Racobit Electronic Information Technology "I think the aviation industry is a key area for China and the GCC cooperation with greater growth opportunities in both traditional aviation and the new aviation tech. EVTOL is a new aviation tech. That's a great fit for GCC short distance travel. China currently has a world class EVTOL technologies." From artificial intelligence and clean energy to logistics and aviation, both sides see significant room for collaboration as governments and industries look to future-proof their economies. ADNAN KAZIM, Deputy President and Chief Commercial Officer, Emirates Airlines "We always believe that aviation and airline, remain to be the focal, connectivity and link between any country that you need. The tourist sector is, again, an important market, I think, between the United Arab Emirates and, we have many families traveling from GCC, to China. And likewise, we see from China as well, coming to, to Dubai and to the GCC. So, yes, China always remains to be quite an, a strategic an important and thanks to the relationship that the two countries are holding." NADIA SWAN Dubai "The message from the World Governments Summit is clear - future governments will be defined not just by policy, but by partnership, innovation, and their ability to respond to a rapidly changing world. Nadia Swan, CGTN, Dubai, United Arab Emirates." Source Link: https://www.worldgovernmentssummit.org/media-hub/news/detail/world-governments-summit-world-leaders-gather-in-dubai-to-discuss-future-governance-strategies
- Changes in Nifty Fixed Income indices
MUMBAI, India. January 14, 2026. These changes shall become effective from January 20, 2026. The Index Maintenance Sub-Committee (Debt) of NSE Indices Limited has decided to make changes as listed hereunder. These changes shall become effective from January 20, 2026. About NSE Indices Limited: NSE Indices Limited (formerly known as India Index Services & Products Ltd. - IISL), a subsidiary of NSE, provides a variety of indices and index related services for the capital markets. The company focuses on the index as a core product. The company owns and manages a portfolio of indices under the Nifty brand of NSE, including the flagship index, the Nifty 50. Nifty equity indices comprise of broad-based benchmark indices, sectoral indices, strategy indices, thematic indices and customised indices. NSE Indices Limited also maintains fixed income indices based on Government of India securities, corporate bonds, money market instruments and hybrid indices. Many investment products based on Nifty indices have been developed within India and abroad. These include index based derivatives traded on NSE and NSE International Exchange IFSC Limited (NSE IX) and a number of index funds and exchange traded funds. The flagship 'Nifty 50' index is widely tracked and traded as the benchmark for Indian Capital Markets. For more information, please visit: www.niftyindices.com Press contact: Email ID: cc@nse.co.in Source Link to PDF: https://nsearchives.nseindia.com//web/pressrelease/2026-01/ind_prs14012026_20260114190131.pdf
- The History of Pan African Resources
JOHANNESBURG, South Africa. May 07, 2025. Pan African Resources (PAR) has been an integral player in the South African gold mining industry, with the origin of one of its key operations tracing back to the historic Barberton goldfields – one of the country’s oldest and richest gold deposits. From these foundations, they have grown from humble beginnings into a mid-tier gold producer with a diversified portfolio focused on sustainable value Their growth has been shaped by strategic capital allocation, Environmental, Social and Governance (ESG) excellence , and operational innovation. Their flagship mines include the Elikhulu and Mogale Tailings Retreatment (MTR) surface operations and the Barberton and Evander underground mines. The Elikhulu tailings retreatment plant and adjacent solar power facility at Evander are examples of their commitment to responsible mining and environmental rehabilitation of old mining footprints within the industry. This article outlines PAR’s journey of strong governance, community upliftment, and technological advancements. Explore how they are redefining the history of gold mining in South Africa, ensuring long-term prosperity for future generations. The History of Pan African Resources 130 Years of Innovation: A History of Mining in South Africa South Africa’s mining legacy first began in 1852 , when the first copper mine was opened in Springbok in the Northern Cape. By 1876, the chance discovery of a 21-carat diamond near the Orange River led to the country’s first diamond rush , attracting global investment and spurring the establishment of more mining operations. South Africa is well known for having produced most of the world’s gold, where over 1,5 billion ounces have been mined to date, mainly from the Witwatersrand Basin since the discovery of the Main Reef in Johannesburg around 1886. However, Barberton burst onto the world stage in 1883 as the site of the country’s first ‘gold rush’ in the early 1880’s, when alluvial gold was found in the De Kaap Valley, which led to the Moodie’s, Barber’s Reef and Sheba strikes. When the Sheba Reef was struck, the Barberton area looked to have found a goldfield ranking with the discoveries in California and Australia at the time. There was surface gold in nuggets, but there was also a quartz vein of exceptionally rich quality, which became known as Bray’s Golden Quarry after discoverer Edwin Bray. This Quarry produced 5,000oz of gold from 13,000 tons of ore (0.39oz/t or 12g/t). The Sheba Company thereafter formed was paying shareholders a 170% dividend, and £1 shares had gone up to £105! The discovery of gold resulted in an influx of diggers, gold-seekers, and financiers from the diamond fields of Kimberley to look for new sources of wealth. Barberton saw not only the first serious gold mining in South Africa but also the first great gold share boom. By late 1885 more than 100 different shares were quoted on the Barberton stock exchange, with a market dealing in a total of more than four million shares and such was the exuberance that the exchange often stayed open until midnight. For the first time, South African shares caught the public imagination in London and Paris. However, only a handful of mines went on producing gold and their shares paid good dividends, but most did neither. Since the discovery of gold in the BGB in the early 1880’s, approximately 11 Moz are recorded to have been produced, with Barberton Mines (Fairview, Sheba and Consort operations) accounting for 75% of total production. These mines are the only ones still in production today. In 1886, the discovery of gold on a Transvaal Farm would forever change the landscape of South African mining. This gold rush led to the development of the Witwatersrand Basin, which would become the world’s richest gold reef and placed Johannesburg on the map as a global mining hub. The 20th century saw the rise of major mining players such as the De Beers diamond company, shaping South Africa’s mining landscape. Today, South Africa remains one of the world’s top mining nations, with the sector contributing approximately 8% to GDP, and also housing the world’s largest known reserves of other minerals like platinum group metals, chrome ore, and manganese. Pan African Resources has built upon this rich heritage, transforming historic mining operations through modern, sustainable practices. A History of Pan African Resources’ Mining Efforts Pan African Resources’ story is closely tied to the Barberton gold mining region, a historically rich area dating back to the 1880s. Their operating areas focus on highly productive mineral-rich areas, ensuring the company’s long-term sustainability. PAR has spent over two decades executing strategic acquisitions, technological innovations, and steady growth, evolving into the mid-tier gold producer they are today: Source: Pan African Resources Integrated Annual Report 2024 2000: Our Founding Year Pan African Resources (PAR) was incorporated in 2000 and focused on exploration in the early stages. Following the acquisition of Barberton Mines in 2007 , it established itself as a focused precious metals mining group. The company’s vision was clear from the start: to create sustainable value for all stakeholders through responsible mining. Strategic Growth Through Acquisitions The acquisition of Barberton Mines in 2007 was a defining moment, bringing historic operations dating back to the 1880s into the company’s portfolio. Over time, Barberton has produced over 1.8 million ounces of gold, solidifying its reputation as a high-margin, long-life operation that continues to thrive using evolving mining practices. In 2009, the acquisition of Evander Gold Mines expanded PAR’s footprint, adding deep-level Witwatersrand-type underground mining operations and vast surface resources to its portfolio. This strategic move positioned Pan African Resources as a mid-tier gold producer within the mining industry. In 2021, PAR acquired Mogale Gold and the Mintails SA Soweto Cluster, marking a significant step in tailings retreatment and environmental rehabilitation. The Mogale Tailings Retreatment (MTR) project , commissioned in October 2024, was completed below its R2.5-billion budget and is expected to add 50,000 ounces of gold annually—a 25% increase in the Group’s total production. Over its 21-year lifespan, the MTR operation is projected to produce over 1.1 million ounces at a low all-in-sustaining cost of production of around US$1,000 per ounce, underscoring PAR’s commitment to responsible mining and resource efficiency. Future Horizons Looking ahead, PAR is starting to expand gold mining operations beyond South Africa’s borders. They commenced their Sudan exploration project in early 2022 , focusing on gold-rich deposits in the Nakasib Suture Zone. The site, located 70km northwest of Port Sudan, has yielded promising gold grades. However, further exploration activities are now on hold following the outbreak of civil war in the country. In 2024, PAR took a strategic step into Australia, acquiring its first mining project in one of the world’s leading Tier-1 gold-producing regions. This acquisition provides access to Australia’s rich gold resources and well-established mining infrastructure, aligning with the Group’s strategy of diversifying globally while still committing to responsible mining practices. These international initiatives, coupled with ongoing mining innovations and sustainable practices on home soil, position them for continued growth. They remain steadfast in their dedication to environmental stewardship and community development, ensuring that any expansion benefits all stakeholders and upholds the highest standards of corporate responsibility. Mining for a Future PAR is redefining the future of gold mining by balancing an excellent operations profile with sustainability at its core. By embedding Environmental, Social, and Governance (ESG) principles into every facet of its operations, the company is setting new benchmarks for responsible mining. Their continued investment in renewable energy, tailings retreatment, and community programs portrays a commitment to mining that preserves and restores ecosystems while supporting the sustainability of surrounding communities. From cutting-edge solar projects to pioneering the rehabilitation of abandoned mines, they are setting new gold industry benchmarks for responsible mining practices. Sustainability and Environmental Stewardship With sustainability at the core of PAR’s strategy, the company is demonstrating that mining can be both profitable and long-lasting through responsible resource development. Its approach focuses on land rehabilitation, biodiversity conservation , water preservation, and carbon reduction, ensuring that mining activities leave a positive legacy while supporting global sustainability goals. Key milestones outlined below highlight this progress: 2018: Advancing Tailings Retreatment & Land Rehabilitation The Elikhulu Tailings Retreatment Plant , commissioned in 2018, marked a significant step toward sustainable mining as it continues to recover more gold, repurpose mine dumps, and extract value from historic waste. It processes approximately 1.2 million tonnes of historical tailings per month from the Kinross, Leslie/Bracken, and Winkelhaak sites, consolidating residues into a single modern storage facility to reduce our ecological footprint. Similarly, the Barberton Tailings Retreatment Plant (BTRP) continues to extract value from historic waste, further demonstrating our long-term strategy of responsible mining with minimal ecological footprint. Read more about it here . 2021-2022: Expansion of Sustainable Mining Practices Between 2021 and 2022, PAR expanded its sustainability initiatives to further reduce the environmental impact of gold mining. The innovative BIOX® process, originally developed in Johannesburg in the late 1970s, continues to be used at the Barberton Mines complex , ensuring high-efficiency gold recovery with minimal environmental harm. This biological oxidation method harnesses naturally occurring bacteria to extract gold, achieving recovery rates as high as 98.8% and making it a global benchmark for eco-friendly gold extraction. During this period, PAR also partnered with the Barberton Nature Reserve and Conservation Outcomes to support the Barberton-Makhonjwa World Heritage Site, an area rich in endemic plant and animal life. This collaboration is focused on protecting natural habitats, promoting biodiversity, and ensuring mining does not disrupt the region’s ecological balance. Additionally, water conservation efforts expanded significantly, with the Evander Mines water treatment facility upgraded to process 3 million liters of water per day, mitigating the effects of historical mining on water resources. 2023: Advancing Sustainability Targets In 2023, PAR committed to major sustainability-linked finance initiatives, reinforcing its dedication to climate action and natural resource conservation. The company set a target to rehabilitate 41% of the Mogale Tailings Retreatment (MTR) project’s land by 2030, with 9.4% already completed in the first year. That same year, the company reported a 10.9% reduction in total water consumption, bringing its usage down to 9.2 million liters. Additionally, recycled water supplies from treatment plants increased by 1,568.5%, accounting for 8.1% of the total water used, significantly reducing reliance on freshwater supplies. 2024 & Beyond: Renewable Energy & Carbon Reduction In 2024, PAR reached a 6.1% renewable energy mix, with a goal to increase it to 15% by 2027 in order to further reduce reliance on non-renewable power sources. The Barberton solar power plant , commissioned in July 2024, will contribute to lowering operational carbon emissions and strengthen the company’s position as a leader in sustainable mining. Additionally, the company has expanded its renewable energy initiatives with the 8.75MW Barberton solar plant and plans for a 20MW solar facility at MTR. These projects are expected to cut carbon dioxide emissions by approximately 22,000 tons per year, supporting the company’s drive toward clean energy solutions. Community Partnerships: Building Lasting Relationships PAR is deeply committed to the prosperity of its host communities. Not only do our mines provide jobs for mine workers, but the company invests in initiatives that foster education, health, infrastructure, and economic development. Key Milestones in their community development are as follows: 2007-2009: Laying the Foundation for Socio-Economic Development Following the acquisition of Barberton Mines (2007) and Evander Mines (2013), the company commenced implementing local procurement policies and employment programs to ensure economic benefits for host communities and families of the mine workers. PAR’s revised mine plans extended the economic lives of these operations, creating more employment opportunities for local businesses. 2013-2018: Strengthening Local Economies & Workforce Development From 2013 to 2018, portable skills training programs were introduced to equip miners with alternative career opportunities and provide technical training, particularly in construction, welding, and agriculture. Those smaller training programs expanded to enterprise development programs, encouraging small business growth in communities surrounding mining operations. 2021: Diversifying Economic Opportunities Beyond Mining In 2021, PAR launched the Barberton Blueberries Project which has created over 170 jobs, particularly for women, reinforcing their focus on long-term community upliftment through sustainable business initiatives. During this time, they introduced graduate development and mentorship programs, offering internships, apprenticeships, and bursaries to students in mining communities. 2022: Investing in Education & Skills Development In 2022, PAR expanded its commitment to education and skills development to create more opportunities for young learners in mining communities. Barberton Mines launched a high school scholarship program, awarding full scholarships to 25 top-performing learners from underprivileged backgrounds, ensuring that financial barriers did not prevent students from accessing quality education. In addition, mobile library programs at Evander Mines were expanded, benefiting thousands of students by improving access to books and learning materials, further strengthening literacy and academic performance in the region. 2023: Major Investments in School Infrastructure & Youth Empowerment PAR significantly increased its investment in school infrastructure and youth empowerment initiatives in 2023. Around its Evander operations, the company funded the construction of computer and science laboratories at Thomas Nhlabathi High School and Thistle Grove Combined School, enhancing STEM education and providing students with access to modern learning tools. As part of its commitment to preserving and improving educational institutions in Barberton, PAR upgraded one of the region’s oldest schools, Ngwane Primary School. The school was given modern classrooms, improved sanitation facilities, and essential learning spaces. The MTR project in Kagiso, Ward 13 , further strengthened education initiatives by providing desks, chairs, and food stipends to support learners, significantly improving matric pass rates in the community. To encourage youth engagement and intellectual development, the company also hosted the first youth debating competition in August 2024. Outstanding students were awarded laptops, scholarships, and educational materials and reinforced PAR’s focus on youth development. 2024 & Beyond: Long-Term Commitment to Community Upliftment Further expansion projects are expected to commence this year, through education funding, skills training, and enterprise development programs, ensuring that local communities benefit from long-term socio-economic growth. The company also plans to continue its support for healthcare, sanitation, and public infrastructure projects, improving overall living standards in host communities. By strengthening partnerships with local governments and education authorities, PAR is working to ensure sustainable social development beyond mining operations, creating lasting value for future generations. Beyond Gold Mining: Creating Sustainable Value At Pan African Resources, our philosophy of “Mining for a Future” underscores our commitment to responsible mining practices that extend beyond mere gold extraction. This guiding principle emphasizes our dedication to environmental stewardship, community development, and long-term sustainability, ensuring that our mining activities create lasting value. Historically, the gold market has experienced numerous cycles, with prices dipping and surging due to various economic factors. Despite these variances, investing in gold mining remains a prudent strategy for shareholders, serving as a hedge against inflation and providing liquidity. As a key player in the gold mining industry, PAR continues to capitalize on these opportunities, maintaining a stable production output and diversified portfolio that ensures long-term profitability. Through strategic investments in renewable energy, economic initiatives, and ESG-focused ventures, PAR is not only delivering financial value to shareholders but also driving meaningful socio-economic development in the regions where we operate. Our investments in entrepreneurship programs, education infrastructure, and job creation initiatives strengthen local economies and contribute to sustainable community upliftment. Projects such as the Barberton Blueberries initiative, which has created over 170 jobs currently, and our expanded skills development and apprenticeship programs, showcase our dedication to empowering the communities around our sustainable gold mining operations. Source: Envato Final Thoughts: Looking to the Future Looking ahead, Pan African Resources is poised for significant growth through strategic initiatives and a steadfast commitment to sustainable practices. Our recent acquisition of Tennant Consolidated Mining Group (TCMG) in Australia’s Northern Territory marks an important milestone in our expansion strategy. With plans to produce 50,000 ounces of gold annually over an initial eight-year mine life at TCMG, this acquisition aligns with our goal of diversifying operations into high-potential gold mining regions and increasing the quality ounce profile of our mining profile. Our dedication to sustainability is further evident in investments in innovation and technology, particularly in renewable energy projects designed to reduce our carbon footprint and enhance operational efficiency leading to production cost savings over the medium to longer term. With gold expected to remain a stable investment, our strategy ensures resilience against market volatility while maintaining a responsible approach to resource extraction. Our vision for the next century encompasses continued growth, technological advancement, and unwavering adherence to responsible mining practices to maximise shareholder returns. By leveraging cutting-edge mining methods, expanding into new markets, and maintaining our leadership in sustainable operations , PAR is securing its position as a global leader in the gold mining industry for generations to come. Source Link: https://www.panafricanresources.com/news/par-history/












