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Libra Consortium announces first oil from Mero-4 FPSO in Brazil pre-salt

RIO DE JANEIRO, May 26, 2025 /PRNewswire/ — Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil.

FPSO Alexandre de Gusmão (Photo credit Divulgação SBM)
FPSO Alexandre de Gusmão (Photo credit Divulgação SBM)

As part of the Mero-4 project, the FPSO will be connected to 12 wells, with an operational capacity of 180,000 barrels of oil production and 12 million cubic meters of gas compression per day (Shell share 19.3%). The FPSO is located 180 kilometres from the coast of Rio de Janeiro in a water depth of approximately 2,000 metres.

“Mero-4 is the latest example of how we are working with our partners to unlock value from world-class reservoirs, sustaining material liquids production and providing for the world’s current energy needs,” said Peter Costello, Shell’s Upstream President. “Our Brazil portfolio features long-life assets with high flow rates, resulting in some of our most competitive barrels on both operating cost and carbon footprint.” 

The unitized Mero field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-Sal Petróleo S.A (PPSA) (3.5%) representing the Government in the non-contracted area.

Notes to editors 

  • Final Investment Decision on Mero-4 was announced in August 2021.
  • The Mero field is part of the Libra Production Sharing Contract (PSC), signed in December 2013.
  • The FPSO Guanabara (Mero-1), the FPSO Sepetiba (Mero-2), and the FPSO Marechal Duque de Caxias (Mero-3), came online in 2022, 2023 and 2024, respectively.  In total, the four FPSOs and an Early Production System (EPS) have a total installed production capacity of 770,000 barrels of oil per day.
  • Shell is the second largest oil and gas producer in Brazil, only behind Petrobras. 
  • Mero-4 contributes to Shell’s Capital Market Day 2025 commitment to deliver upstream and integrated gas projects coming on stream between 2025 to 2030 with a total peak production of more than 1 million barrels of oil equivalent per day (boe/d).
  • The operational capacity stated above is a 100% total gross figure.

Cautionary Note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this release “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ”Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this release refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.  The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking statements

This release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ”anticipate”; “aspire”, “aspiration”, ”believe”; “commit”; “commitment”; ”could”; “desire”; ”estimate”; ”expect”; ”goals”; ”intend”; ”may”; “milestones”; ”objectives”; ”outlook”; ”plan”; ”probably”; ”project”; ”risks”; “schedule”; ”seek”; ”should”; ”target”; “vision”; ”will”; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2024 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this release, May 26th, 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.

Shell’s net carbon intensity

Also, in this release we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s net-zero emissions target

Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

Forward-Looking non-GAAP measures

This release may contain certain forward-looking non-GAAP measures such as adjusted earnings and divestments. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

The contents of websites referred to in this release do not form part of this release.

We may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

ValueLabs Wins Nine Globee® Awards, Validates Position as Agentic AI Services Leader

HYDERABAD, India, May 26, 2025 /PRNewswire/ — ValueLabs has been recognized at the 2025 Globee® Awards for Artificial Intelligence, winning eight Gold and one Bronze awards across key categories. This recognition reinforces the company’s position as an Agentic AI Services company and their standing as a true Category of One.

When Generative AI burst onto the scene 28 months ago, ValueLabs saw it as both an existential threat and a once-in-a-generation opportunity for reinvention. Their response was immediate and decisive.

They declared their traditional business model obsolete and built AiDE®, their Enterprise Operating System, which now powers every function of the organization. With full internal adoption, they are able to deliver solutions at unprecedented speed and scale.

AiDE® acts like an ‘Ironman suit’ for their designers, architects, developers, and testers — amplifying productivity, improving quality, and making the art of the possible come alive. This democratization of expertise has fundamentally transformed how their teams operate across the entire software development lifecycle.

Beyond traditional AI use cases, their Vertical AI consulting and solutions enable enterprises to reimagine their entire business models for an AI-first world. By combining deep domain expertise with Agentic AI capabilities, they help organizations transform industry-specific processes into intelligent, autonomous workflows that drive measurable business outcomes.

This recognition by the Globee® Awards across a wide spectrum of categories underlines the platform’s versatility and real-world impact across industries. ValueLabs was awarded in the following categories:

Gold Awards:

  • Artificial Intelligence Company of the Year: ValueLabs
  • Best Achievement in Artificial Intelligence Operations: AiDE Operations
  • Best AI Platform: AiDE®
  • Best AI-driven Personalization Solution: AiDE UX
  • Best AI-driven Automated Testing Solution: AiDE QE
  • Best AI-powered Customer Insights Solution: AiDE Conversational Insights
  • AI-Driven Threat Detection: AiDE Shield
  • Most Innovative Artificial Intelligence Tool for Customer Service: AiDE Chat

Bronze Award:

  • Best AI-based Knowledge Management Solution: AiDE Academy

“These awards reflect the natural evolution of our 28-year journey,” said Arjun Rao, Founder and Chairman, ValueLabs. “We are not just implementing AI. We are reimagining entire value chains and building autonomous capability across every function. Our move into Agentic AI Services is not a reaction to the moment — it is a continuation of everything we have been building toward.”

Sam Alva, CEO, ValueLabs, noted, “We’re practicing what we preach. AiDE® transforms every aspect of our business — from how our consulting teams shape strategy to how our delivery teams bring strategy to life. It powers how we build proposals, onboard clients, and drive outcomes at scale. Our Vertical AI solutions are opening new possibilities for clients to reimagine their industry-specific challenges with intelligence and speed. The recognition from the Globee® Awards, along with recent honors from Stevie and World HRD awards, affirms that we have moved from the art of the possible to the science of the real.”

The company’s approach reflects what many now refer to as ‘Service-as-Software’ — transforming work once done traditionally, manually into intelligent systems that deliver outcomes at scale. This model allows enterprises to rethink how to operate in an AI-first world.

With more than 7,000 employees worldwide, ValueLabs helps organizations move beyond tool adoption to become truly AI-native businesses. While research shows that 87 percent of enterprises are still in the pilot phase with AI, ValueLabs has reached full production scale across its own operations. The nine Globee® Awards underscore the company’s unique position at the intersection of traditional consulting, cutting-edge technology, and Agentic AI delivery across both horizontal platforms and vertical industry solutions.

About ValueLabs 

Founded in 1997, ValueLabs is a global Agentic AI Services company helping enterprises transition into AI-native businesses. At the core of this transformation is AiDE® — our proprietary platform for AI Driven Everything. This enterprise-grade platform functions as an OS for intelligent work across engineering, operations, and business functions.

With AiDE®, we’ve created a category of our own: combining platform innovation, consulting depth, and outcome-based delivery to solve enterprise-scale challenges. From strategy to execution, we design and deploy tailored AI solutions through both horizontal capabilities and vertical industry offerings.

With a Client NPS of 90 and an Employee NPS of 80, our relationships are built on trust, measurable impact, and long-term value creation.

Charting the Growth of Finance: Future-Ready Chartered Bankers Lead in an Era of Transformation

KUALA LUMPUR, Malaysia, May 26, 2025 /PRNewswire/ — The Asian Institute of Chartered Bankers (AICB) recently held its 8th Chartered Banker Conferment ceremony, honouring the commitment of banking professionals who exemplify the highest standards of professional excellence and lifelong learning in an increasingly complex and rapidly changing financial environment. Held under the theme “Charting the Growth of Finance”, the ceremony underscored the growing importance of nurturing future-ready and ethical banking and finance professionals, especially in light of rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating impact of digital transformation and fintech.

Bank Negara Malaysia Governor Dato' Seri Abdul Rasheed Ghaffour, AICB Chairman Tan Sri Azman Hashim, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr, and the AICB Council with Chartered Banker Institute (CBI) President Paul Denton, AICB Chief Executive Edward Ling and Asian Banking School Chief Executive Officer Prof. Dr Manivanan Saman, at the 8th Chartered Banker Conferment 2025.
Bank Negara Malaysia Governor Dato’ Seri Abdul Rasheed Ghaffour, AICB Chairman Tan Sri Azman Hashim, Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr, and the AICB Council with Chartered Banker Institute (CBI) President Paul Denton, AICB Chief Executive Edward Ling and Asian Banking School Chief Executive Officer Prof. Dr Manivanan Saman, at the 8th Chartered Banker Conferment 2025.

Bank Negara Malaysia Governor Dato’ Seri Abdul Rasheed Ghaffour, who delivered the special address at the ceremony, said: “Malaysia has invested significantly in developing talent in our financial sector. Over the years, we have developed a comprehensive ecosystem of talent affiliates providing training, certification, and future-looking guidance on the skills needed by the financial sector. I also wish to highlight the important role played by financial institutions to further complement these efforts through their respective learning and development academies. While the financial services industry benefits from a good talent development ecosystem, more collective actions are needed to future-proof the workforce.”

A key highlight of the evening was the presentation of the Lifetime Achievement Award by Chartered Banker Institute (CBI) President Paul Denton to AICB Chairman Tan Sri Azman Hashim. This global recognition — the first awarded by CBI in over a decade — celebrates Tan Sri Azman’s decades-long leadership in promoting ethical banking and professional excellence across the region.

AICB Chairman Tan Sri Azman Hashim said: “I am deeply honoured by this recognition. This award is a reflection of the collective progress we have made as an industry in championing ethical professionalism in banking. Banking transcends numbers — it is about trust, stewardship and purpose. I hope this inspires more professionals to embrace continuous learning and lead with integrity in shaping the future of finance.”

The ceremony also honoured the contributions of Governor Eli M. Remolona, Jr. of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) with the AICB Honorary Fellowship — one of the Institute’s highest distinctions. This prestigious award recognises Governor Remolona’s transformative contributions towards fostering greater ASEAN banking integration, effective policymaking, and championing talent development within the financial sector.

Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. said: “It is a tremendous honour to receive the prestigious Honorary Fellowship from the Asian Institute of Chartered Bankers (AICB). In today’s interconnected world, regional collaboration is essential in elevating banking standards across ASEAN. I look forward to deepening the Malaysia–Philippines cooperation in talent development and knowledge exchange and key areas of mutual interest, ensuring that our financial sectors remain robust, ethical, and future-ready.”

As banking continues to evolve rapidly, AICB reaffirmed its commitment to professionalising and upskilling the workforce through its professional education offerings. Its flagship Chartered Banker qualification, developed in collaboration with the UK’s Chartered Banker Institute, sets the gold standard for banking professionalism. AICB also provides specialised certifications in areas such as digital transformation, financial crime prevention, sustainable finance and more.

AICB Chief Executive Edward Ling said: “Professionalism and upskilling in banking is no longer optional — it is essential. At AICB, we are committed to expanding our growing community of over 800 Chartered Bankers in the next two years, empowering the industry with future-ready capabilities. Through our robust education programmes, the Future Skills Framework and thought leadership initiatives in key areas such as digital innovation and sustainable finance, we aim to equip our members with the critical skills and professional foundation needed to navigate and innovate the future of banking and finance.”

The ceremony conferred the prestigious Fellow Chartered Banker (FCB) status on 14 distinguished industry leaders, including AICB Council Member Dato’ Mohd Rashid Mohamad, Group Managing Director / Group Chief Executive Officer of RHB Bank Berhad. Additionally, 71 AICB members were conferred the Chartered Banker (CB) status, while over 500 members attained the Associate Chartered Banker status.

The ceremony also celebrated recipients of the Excellence and Corporate Awards. Attended by over 480 guests comprising members of the AICB Council and C-suite executives, the 8th Chartered Banker Conferment ceremony reaffirmed AICB’s role in building a resilient, ethical, and future-ready professional banking workforce for Malaysia and the region.

About Asian Institute of Chartered Bankers

AICB is Malaysia’s premier professional body for the banking industry, governed by a council comprising representatives from Bank Negara Malaysia (BNM), The Association of Banks in Malaysia (ABM) and the Malaysian Investment Banking Association (MIBA). With over 37,000 members, our mission is to elevate banking standards by developing professionals who exemplify integrity, expertise and competence.

As the exclusive institute in Southeast Asia authorised by the UK’s Chartered Banker Institute, we confer the prestigious Chartered Banker status. AICB collaborates with industry leaders to ensure our qualifications remain relevant, equipping bankers with the skills needed to thrive in the dynamic banking sector.

Our commitment goes beyond education, offering members opportunities for growth through innovative learning, advocacy for professionalism, thought leadership and valuable networking initiatives.

For more information on AICB, please visit www.aicb.org.my

Visa launches Click to Pay in Hong Kong with ZA Bank, the first issuing bank in Asia Pacific

SINGAPORE, May 26, 2025 /PRNewswire/ — Visa, a global leader in digital payments, today announced a significant advancement that will transform the eCommerce experience. Hong Kong’s first and largest digital bank[1], ZA Bank, pioneers Click to Pay, enabling cardholders to complete online transactions in seconds without the need for manual card entry. ZA Bank is the first card issuing bank to enable Visa Click to Pay in Hong Kong and across Asia Pacific, with 11 more markets to follow.

Click to Pay is the new standard in online shopping; it brings greater convenience to online shopping.  When Click to Pay is enabled, consumers can skip guest checkout, bypass form fields and forgo the hassle of remembering passwords after setting up their Visa card on the issuing Bank’s app. By eliminating the need to manually enter your Personal Account Number (PAN), or your 16-digit card number, and passwords, reducing checkout time from five minutes to under one minute[2]. Data is also securely stored with Visa, ensuring trust and security without the need for consumers to store their information on third-party sites.

With cart abandonment rates as high as 84%2 for eCommerce, Click to Pay seeks to reduce friction by improving authorisation rates by an average of 2.5%[3], improving business for merchants. Without the complexity of card information input, it is like contactless payment, for online shopping. Click to Pay enables consumers to complete online transactions within a few clicks, powering a more seamless and secure checkout experience at scale. Consumers only need their registered email, phone number or Visa Payment Passkey to check-out online. 

T.R. Ramachandran, Head of Products and Solutions, Asia Pacific, Visa, said, “eCommerce in Asia Pacific has been accelerated by mobile phone ownership, digital advancements and connectivity in Asia Pacific. Our partnership with ZA Bank is a great example of Visa’s ongoing industry collaboration to bring innovative payment solutions that benefit the consumer, merchant and issuer. When Click to Pay is used, and combined with Visa Payment Passkey, consumers can enjoy a seamless checkout experience with just three clicks[4] while merchants will benefit from a quicker checkout time, improved authorisation rates and far lower fraud rates. Visa will continue to uplift the consumer retail and online experience while bringing greater commercial success and more innovations to our bank and merchant partners across the region.”

By making Click to Pay a card-level feature that comes ready with Visa cards, cardholders can access the solution without having to sign up separately on third-party eCommerce or merchant sites for Click to Pay. There is no additional setup required by consumers.

To provide additional peace of mind with the Click to Pay capability, cardholders can set up their Visa Payment Passkey using their native device’s biometric capability or screen lock and use the Passkey for future payment authentication when they check out at participating eCommerce sites.

In the Asia Pacific region, major acquirers, including AsiaPay, and a wide range of merchants have geared up with Visa Click to Pay solutions. Consumers can now enjoy enhanced checkout and payment experiences at their favourite shops or merchants.

The ZA Bank partnership highlights a growing demand among issuers, acquirers and merchants for prioritising safe, seamless and frictionless checkouts to increase customer satisfaction with a better online shopping experience. It also gives us a glimpse into what next generation eCommerce will look like – safe, seamless, secure and fast.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.


[1]: Interim report of Hong Kong Banks. As the first digital bank to launch in Hong Kong, ZA Bank had the highest number of users and customer deposits among the city’s eight digital banks as of 30 June 2024.

[2]: Retail Asia: ‘I am not a robot.’ 84% of APAC consumers abandon carts due to complex login process.

[3]: VisaNet data, Oct-Dec 2022. Visa credit and debit CNP transactions for tokenised vs non-tokenised credentials in the AP region. Authorisation rate is defined as approved authorisations divided by total authorisation attempts based upon first attempt of a unique transaction.

[4]: Three clicks to complete the transaction: 1 – Click to Pay recognises consumer and presents issuer activated cards, 2 – consumer selects a card and initiates checkout and 3 – consumer authenticates to complete the transaction.

China-Europe-America Global Initiative Think Tanks and Museums Paris Dialogue 2025 Held in Paris

PARIS, May 26, 2025 /PRNewswire/ — On May 23, the China-Europe-America Global Initiative Think Tanks and Museums Paris Dialogue 2025 was held in Paris, with more than 50 guests from China, France, Italy, the US and other countries engaged in the dialogue.

Experts from China, Europe, and America exchange views at the session “Harmony in Beauty: An International Dialogue on Beijing's Central Axis”
Experts from China, Europe, and America exchange views at the session “Harmony in Beauty: An International Dialogue on Beijing’s Central Axis”

The event, under the theme “China, Europe, and America: Cultural Exchanges for Peace and Progress”, was co-hosted by the Academy of Contemporary China and World Studies (ACCWS), the Information Office of Beijing Municipality and the China-Europe-America Global Initiative. The sub-forums were featured by topics including “The Role of Cultural Institutions in Fostering Understanding Between Cultures” “The Future of Museums and Cultural Institutions” and “Harmony in Beauty: An International Dialogue on Beijing’s Central Axis”.

Laurent Fabius, Former Prime Minister of France and Chen Li, Minister of the Chinese Embassy in France, attended the forum and delivered speeches. Yu Yunquan, Vice President of the China International Communications Group (CICG) and President of ACCWS, and Yu Junsheng, Deputy Director of the Publicity Department of the CPC Beijing Municipal Committee and Director of the Beijing Municipal Government Information Office, delivered video speeches. David Gosset, founder of the China-Europe-America Global Initiative, presided over the opening ceremony.

Laurent Fabius said that as the world commemorates the 80th anniversary of the United Nations and the 10th anniversary of the Paris Agreement, cultural institutions should play a dual role: fostering the concept of peace by transmitting historical lessons, as well as raising public awareness of environmental protection through exhibitions and initiatives.

Chen Li emphasized the longstanding cultural exchanges between China and France, calling for the promotion of cultural resonance between the Chinese philosophy of “harmony in diversity” and Europe’s ideal of “unity in diversity”. Such efforts, he noted, would contribute significantly to global cultural diversity and human progress.

Yu Yunquan described museums as “gene banks” for preserving civilizations, “salons” for facilitating mutual learning among cultures, and “showcases” for promoting contemporary values. He stressed the common commitment to deepening the China-Europe-America Museum Cooperation Initiative to advance the Global Civilization Initiative.

David Gosset released Museums Without Borders • China Museums 2025 Annual Report during the dialogue. The report, co-authored by ACCWS and the China-Europe-America Museum Cooperation Initiative, focuses on Chinese museums’ international collaboration practices and highlights their role in improving global understanding of China and facilitating cultural dialogue.

As a supporting event of the forum, a photo exhibition themed “Beijing Central Axis: A Masterpiece Ensemble Exhibiting the Ideal Order of the Chinese Capital” was held in Paris on the same day. The French edition of the book China’s Perspectives on Global Governance was also launched at the event.

FAIR PLAY MENARINI INTERNATIONAL AWARD, THE COUNTDOWN TOWARDS A MEMORABLE 29TH EDITION BEGINS

FLORENCE, Italy, May 26, 2025 /PRNewswire/ — The Fair Play Menarini International Award is gearing up for its 29th edition. This annual event, dedicated to champions of ethics, loyalty, and respect, is once again set to captivate audiences with a stellar line up of international sports legends.

Fair Play Menarini International Award
Fair Play Menarini International Award

The partnership with Sky TG24 has been renewed for the year 2025 and the broadcaster will be covering all the highlights leading up to the Award ceremony, starting with the gala dinner on Wednesday 2 July. The unique setting of Piazzale Michelangelo in Florence shall indeed be welcoming those sports legends who the day after, on Thursday 3 July, will be given a very warm reception by the public at the award ceremony at the Roman Theatre in Fiesole.

Once again, this year’s event shall be acknowledging some of the world’s top-tier athletes who are also ready to become Ambassadors of the Fair Play Menarini International Award and commit to endorsing the values of fairness and sportsmanship, both in sport and in life.

The names of this edition’s awardees shall be announced on Wednesday 11 June, during a press conference set to take place at the Hall of Honour at the Italian Olympic Games Committee headquarters, CONI, in Rome. On this occasion, the touching stories of fair play shown by three young athletes will be showcased and the Fair Play Menarini ‘Young Athletes’ award conferred.

On Thursday 26 June, the spotlight will shine on the Special Fiamme Gialle ‘Study and Sport’ Award which acknowledges those young athletes who excel not only in competitive sports but also at school. This prize, founded in collaboration with the Sports Group of the Guardia di Finanza and the Tuscan branch of CONI, will be awarded during a press conference at Palazzo Guadagni Strozzi Sacrati, the headquarters of the Tuscany Region, in Florence.

“We’re putting the finishing touches to what promises to be a thrilling 29th edition, full of extraordinary guests,” declared Valeria Speroni Cardi and Filippo Paganelli, members of the Board of the Fair Play Menarini Foundation. “As we move forward, our passion for this journey grows even stronger. We approach each edition with the same enthusiasm as the first, eager to reunite with the audiences of the Fair Play Menarini International Award and share some of the magic of sport.

Fair Play Menarini International Award
Fair Play Menarini International Award

 

Fair Play Menarini International Award
Fair Play Menarini International Award

 

 

Tech Meets Trail: Hypershell and American Hiking Society Launch Groundbreaking Partnership on National Trails Day®

Hypershell joins as the Exclusive Exoskeleton Sponsor to support trail stewardship and empower the next generation of hikers.

SHENZHEN, China, May 26, 2025 /PRNewswire/ — Hypershell, creators of the world’s first wearable exoskeleton designed for outdoor adventure, is proud to announce its partnership with American Hiking Society (AHS) for National Trails Day® 2025, held this year on Saturday, June 7.

Hypershell and American Hiking Society Launch Groundbreaking Partnership on National Trails Day
Hypershell and American Hiking Society Launch Groundbreaking Partnership on National Trails Day

As the Exclusive Exoskeleton Sponsor of National Trails Day®, Hypershell is donating 30 Hypershell Pro X units to American Hiking Society to amplify the mission of trail conservation and accessibility. These lightweight, AI-powered exoskeletons—designed to reduce fatigue and support mobility—will be deployed to key trail stewardship events across the country, helping both volunteers and organizers move farther, work longer, and hike stronger.

“Hypershell was founded on the belief that technology should expand the boundaries of human movement, especially in the wild,” said Kevin Sun, Founder and CEO of Hypershell. “Our mission aligns deeply with that of the American Hiking Society, which has been the national voice for America’s hikers for nearly 50 years. We’re honored to stand with them in promoting access, adventure, and stewardship on the trails.”

American Hiking Society champions foot trails and the hiking experience, working to protect the places people love to hike. National Trails Day®, their signature annual event, unites thousands of volunteers, hikers, and partners across all 50 states in the shared mission of improving trail access and care.

This year, Hypershell will join volunteers at the Tahoe Rim Trail project near Big Meadow Trailhead in Lake Tahoe, California, one of the most scenic sections of trail in the Sierra Nevada. The focus of this year’s stewardship effort is a new highway crossing reroute—a critical improvement that will enhance safety and the overall trail experience. Attendees will have the chance to try on the Hypershell Pro X and experience firsthand how wearable exoskeletons can reduce strain, extend endurance, and support the vital work of trail maintenance.

From enabling older volunteers to stay active in conservation, to empowering next-gen adventurers to take on new terrain, Hypershell believes wearable robotics can play a key role in sustaining both human potential and natural spaces.

Together with AHS, we’re building more than trails. We’re building a future where everyone can explore farther, give back longer, and hike without limits.

For more information, visit the Hypershell Official Website or American Hiking Society Official Website.

Contact:
Hypershell Co., Ltd.
Hypershell PR team
Email: pr@hypershell.tech

Nota AI Demonstrates On-Device AI Breakthrough at Embedded Vision Summit 2025 in Collaboration with Qualcomm AI Hub

  • NetsPresso® and Qualcomm AI Hub: Strategic Integration Streamlines Edge AI Development
  • Generative AI solutions drive global expansion momentum ahead of IPO listing

SEOUL, South Korea, May 26, 2025 /PRNewswire/ — Nota AI, a global leader in AI optimization, showcased its latest edge AI innovations alongside Qualcomm Technologies, Inc. at the Embedded Vision Summit 2025, held May 20–22 in Santa Clara, California. The Embedded Vision Summit is a prominent global conference for innovators incorporating computer vision and AI in products, attended by more than 70 companies and over 1,400 industry experts worldwide.

Tae-Ho Kim, CTO and Co-founder of Nota AI, presents on the platform integration between NetsPresso® and the Qualcomm® AI Hub during Qualcomm’s Deep Dive Session.
Tae-Ho Kim, CTO and Co-founder of Nota AI, presents on the platform integration between NetsPresso® and the Qualcomm® AI Hub during Qualcomm’s Deep Dive Session.

Nota AI prominently featured its collaboration with Qualcomm Technologies, emphasizing the optimization of its proprietary AI model optimization platform, NetsPresso®, for use with the Qualcomm® AI Hub. Both companies utilized video presentations at their booths to demonstrate the enhanced efficiency and scalability achieved through this collaboration. Nota AI’s CTO, Tae-Ho Kim, further highlighted these advancements in a Qualcomm Technologies-hosted Deep Dive Session, detailing how the integrated platforms significantly streamline the workflow for developing and deploying AI models on edge devices.

“This collaboration shows how we’re making edge AI deployment faster, lighter, and more efficient,” said Tae-Ho Kim, CTO of Nota AI. “We’re excited to deepen our collaboration with Qualcomm Technologies and extend our reach across global edge and IoT applications.”

Additionally, Nota AI unveiled the NetsPresso Optimization Studio, the latest enhancement to its AI model optimization platform, NetsPresso®. Optimization Studio offers users an intuitive, visual interface designed to simplify AI model optimization. Developers can quickly visualize critical layer details and model performance required for efficient quantization, enabling rapid, data-driven decisions based on actual device performance metrics.

Also featured was Nota Vision Agent (NVA), a generative AI-based video analytics solution. NVA enables real-time video event detection, natural language video search, and automated report generation, helping enterprise users maximize situational awareness and operational efficiency. The solution has already proven its commercial viability through a recent supply agreement with the Dubai Roads and Transport Authority (RTA) — a first for a Korean company in this domain.

Meanwhile, On May 22, Nota AI filed for a preliminary IPO listing, making it the first AI optimization company from Korea to do so via the country’s technology-special track. The IPO plan is attracting significant market attention, backed by Nota AI’s robust global expansion and strong product competitiveness. Earlier in April, Nota AI was also recognized as one of the “Top 100 Global Innovative AI Startups” by the global market research firm CB Insights. Looking ahead, Nota AI plans to accelerate its presence across key global markets — including the Middle East, Southeast Asia, and Europe.