Home Blog Page 2919

CCCID Promotes Suzhou Day at Osaka Expo 2025 with Cultural Splendor

BEIJING, May 22, 2025 /PRNewswire/ — China Center for International Communication Development (CCCID) issued a press release here on Thursday to promote the Suzhou Day event held at the China Pavilion of Expo 2025 Osaka.

Kunqu Opera Artists Perform The Peony Pavilion: Wandering in the Garden
Kunqu Opera Artists Perform The Peony Pavilion: Wandering in the Garden

The press release said the event, officially opening Thursday on the artificial island of “Yumeshima,” showcased the timeless charm of the ancient water town under the theme “Aquatic Suzhou: Everlasting Vitality.”

According to the press release, Intangible Culture heritage (ICH) took center stage throughout Suzhou Day, serving as a cultural bridge between China and Japan. The afternoon’s performances—Kunqu opera, guqin melodies, Pingtan storytelling, and Suzhou embroidery—drew a full house at the China Pavilion’s multifunctional hall, with a Peony Pavilion excerpt earning particular acclaim.

Multiple exhibition zones immersed visitors in Suzhou’s artistic wonders included the ground’s, a Suzhou embroidery rendition of Along the River During the Qingming Festival blended classical and freehand needlework for striking depth, and the Mantis Cat, a dual-sided embroidery masterpiece, amazed viewers with its illusion-like color shift, added the press release.

The mezzanine displayed artifacts like the Hundred-Children Robe, kesi kimono belts, and Suzhou fans—each a testament to artisan craftsmanship.

Suzhou is not only a cultural gem but also a hub of international collaboration. In 1984, Japan’s Sowani Group established Suzhou’s first Sino-foreign joint venture. Today, the city hosts 19,000 foreign enterprises, including 493 projects by 178 Fortune Global 500 companies. Japan ranks as Suzhou’s third-largest foreign investor, with over 1,400 Japanese companies operating in the city.

At the opening ceremony, 216 Japanese dignitaries from government, trade, and business sectors witnessed Suzhou’s commitment to deeper ties. New partnerships were unveiled, including agreements between Nara Prefecture’s Japan-China Friendship Association and Suzhou’s Rian Education Group, as well as between Chinese and Japanese diaspora associations.

Aligned with the Osaka Expo’s theme—”Designing Future Society for Our Lives”—Suzhou presented its carbon-inclusive service system, a platform aiding SMEs and individuals in carbon reduction. Covering everything from paper production to corporate carbon neutrality, the system offers “verification, reduction, trading, and certification” in one chain, already applied in manufacturing, events, and operations. The event also released insights on “Decoding Suzhou’s Green Path to Carbon Neutrality.”

Through cultural allure and sustainable innovation, Suzhou Day at Expo 2025 Osaka became a vibrant celebration of shared heritage and forward-looking collaboration, said the press release.

 

Vermiculus Collaborates with Capital Market Research Firm GreySpark Partners to deliver Key Insights on T+1 Settlement Transition

Joint article series highlights operational, technological, and infrastructure implications for exchanges, clearing houses, and CSDs-one year after T+1 implementation-and explores what lies ahead as global markets consider similar reforms.

STOCKHOLM, May 22, 2025 /PRNewswire/ — Vermiculus, a global leading market infrastructure provider, today announced a strategic collaboration with the prominent capital markets research firm, GreySpark Partners, to release a comprehensive analysis of the T+1 settlement transition, which took effect in the U.S., Canada, and Mexico on May 28, 2024. This joint analysis examines how the transition has reshaped key aspects of market infrastructure, including risk exposure, operational workflows, and the role of automation in post-trade processes.

“The shift to shorter settlement cycles is a game-changer, forcing the industry to rethink operations and upgrade systems at speed,  says Lars-Göran Larsson, Industry Expert at Vermiculus, and continues: “The North American experience reveals how this transition has influenced settlement processes and introduced new demands for managing administrative routines. It also sheds light on the growing importance of modern technology, where flexibility and high throughput are critical to success.”

The first article highlights several key themes, including the immediate effects and implications of the transition, along with the challenges and benefits that have emerged, drawing on research and data from Acuity Knowledge Partners, Bloomberg, DTCC, Thomas Murray, and the US Securities and Exchange Commission.

Understanding the impact of the T+1 transition on post-trade processes and infrastructure is critical for the entire financial ecosystem,” says Taraneh Derayati, CEO of Vermiculus. “To provide the industry with meaningful insights, we partnered with GreySpark for their deep expertise in capital markets and financial infrastructure. Their strong track record made them the ideal partner to help clarify both the challenges and opportunities this shift presents“.

The first analysis out, titled “Implications of T+1 Settlement on North American Markets” is now available to download from here.

In the next in-depth article from this collaboration, the focus shifts to the international stage—exploring how the T+1 transition is influencing global markets and what lessons other regions can draw as they consider similar reforms.

About Vermiculus Financial Technology

Vermiculus Financial Technology AB provides cutting-edge trading, clearing, and CSD solutions to market participants around the world. Vermiculus’ solutions are the first to bring state-of-the-art advances in dynamic microservice architecture together with vast experience in clearing house, exchange, and CSD business requirements.

The company started its operation in 2020 and is founded by industry experts with the incentive to revolutionize the technology of exchanges, clearing houses, and CSDs. With its headquarters in Stockholm, Sweden, Vermiculus consists of hand-picked teams, trained to deliver mission-critical solutions. With decades of accumulated knowledge and expertise, the team has previously completed 75+ projects for the world’s largest exchanges, clearing houses, and CSDs.

For further information, please contact: 
Amelie Hedenstierna – PR & Communications 
Vermiculus Financial Technology
Tel +46-(0)73 622 24 54
amelie.hedenstierna@vermiculus.se

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/vermiculusft/r/vermiculus-collaborates-with-capital-market-research-firm-greyspark-partners-to-deliver-key-insights,c4154018

The following files are available for download:

 

Firstsource and Sanas partner to redefine customer conversations with AI

MELBOURNE, Australia, May 22, 2025 /PRNewswire/ — Firstsource Solutions Limited (NSE:FSL) (BSE:532809), a leading global provider of transformational solutions and services and an RP-Sanjiv Goenka Group company, has partnered with Sanas, provider of the world’s first real-time speech understanding platform, to enable next-level customer conversations powered by AI.  

Aligned with Firstsource’s UnBPO™ philosophy, the integration of Sanas’ Real-Time Accent Translation technology marks a strategic leap in AI-first customer experience. This seamless, speech-to-speech solution eliminates accent and language barriers—enhancing clarity, reducing cognitive strain, and empowering agents to connect with global customers more confidently and effectively. As AI moves from pilot to performance, early adopters are already seeing the impact—128% more likely to report high ROI from their AI tools in CX. By embedding intelligent, unobtrusive tech into day-to-day operations, Firstsource is unlocking scalable, measurable value—boosting agent productivity, strengthening conversations, and delivering next-gen CX outcomes at speed and scale.

“At Firstsource, we seek partnerships that reflect our commitment to smart, scalable transformation—solutions that deliver maximum impact with minimal friction, improving both experience and outcomes. Our collaboration with Sanas is a powerful expression of the UnBPO™ philosophy: leveraging intelligent, human-centric technology to elevate performance and ROI.

“The Customer Experience (CX) landscape is undergoing a fundamental shift—from cost efficiency to outcome-driven impact. With Sanas’ AI-powered Real-Time Accent Translation, we are enabling more inclusive, fluid customer conversations — irrespective of who the customer is — a consumer, a student, or a patient — without the need for hardware changes or system overhauls. It is an innovation that works in the background but transforms everything.

“This is the Future of Work in action—a seamless human-AI partnership where technology enhances connection, boosts responsiveness, and empowers agents to perform at their best,” said Ashish Chawla, President – CX and Consulting at Firstsource.

The technology is industry-agnostic, enabling a host of benefits for enhanced communication across diverse industries. Early implementations of this technology in other enterprises have demonstrated significant performance results:

  • 17% average increase in sales efficiency
  • 21% improvement in Net Promoter Score (NPS) at a Fortune 20 global tech company
  • 18% average reduction in AHT
  • Zero instances of customers asking to speak with another agent
  • 22% average boost in Customer Satisfaction (CSAT)
  • 95% agent adoption rate

“We’re thrilled to partner with Firstsource to bring Sanas’ Real-Time Accent Translation technology to their global operations. This collaboration marks a major milestone in our mission to make communication more inclusive and effortless. Our groundbreaking AI technology, combined with Firstsource’s customer-first approach, enables contact center agents to have clearer, more effective conversations—regardless of accent or geography. Together, we are setting a new standard for exceptional agent and customer experiences alike,” said Sharath Keshava Narayana, CEO and co-founder, Sanas.ai.

About Firstsource

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: FISO.BO) (Bloomberg: FSOL:IN), is a global leader providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With a global footprint across US, UK, India, Philippines, Mexico, Romania, Turkey, Trinidad & Tobago, South Africa, and Australia, we ‘make it happen’ for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our inch-wide, mile-deep practitioners work collaboratively, leveraging UnBPO™ — our differentiated approach to reimagining traditional outsourcing — to deliver real-world, future-focused solutions that drive speed, scale, and smarter decision, turning transformation into tangible results for our clients.

(www.firstsource.com)

About Sanas

Sanas provides the world’s first Real-Time Speech Understanding Platform powered by its patented AI technologies. Born from a mission to power a kinder, more compassionate world, Sanas is pioneering a revolution in human connection by making global, real-time communication more inclusive. Today, Sanas offers Real-Time Accent Translation and Two-Way Noise Cancellation. Founded in 2020, Sanas is led by a team of exceptional co-founders, including CEO Sharath Keshava Narayana and CTO Shawn Zhang.

(Sanas.ai)

 

 

Sharjah Ruler signs $6M agreement to digitise UNESCO global archive

Issued by the Sharjah Government Media Bureau

PARIS, May 22, 2025 /PRNewswire/ — His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, witnessed the signing of an agreement to digitise UNESCO’s global archive with a $6 million grant from the Sharjah Book Authority. The signing took place Wednesday morning at the UNESCO headquarters in Paris, in the presence of his wife, Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs, and Audrey Azoulay, Director-General of UNESCO.

 

Sharjah Ruler signs $6M agreement to digitise UNESCO global archive
Sharjah Ruler signs $6M agreement to digitise UNESCO global archive

 

Agreement Signed Officially

The agreement was signed by Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Book Authority (SBA), and Jennifer Linkins, Assistant Director-General for Administration and Management at UNESCO. The project, based on directives from the Ruler of Sharjah, aims to preserve global heritage, protect important documents, and ensure digital accessibility. It will span five years and include the digitisation of books, manuscripts, audio recordings, documentaries, and various archival materials.

Archive Tour Conducted

His Highness conducted a tour of the UNESCO Library and Archive, examining significant collections including global documents, books, and manuscripts. He was also informed about the essential functions of the library in supporting the organisation’s objectives and utilising its cultural.

Preservation Importance Highlighted

During the visit, His Highness viewed a number of aging historical documents, some of which had been impacted by deteriorating conditions. This emphasised the importance of the digitisation agreement.

A Comprehensive Historical Archive

The UNESCO archive stands as one of the largest and most important institutional archives globally, which includes nearly 80 years of historical records. The collection features more than 2.5 million pages of documents, 165,000 rare photographs, and thousands of hours of audio and video recordings, These materials capture pivotal moments in global cultural and educational history.

Digitisation Urgently Needed

Only 5% of the archive has been digitised, highlighting the significant value it holds, yet constrained by limited resources and various logistical and technical challenges. This underscores the critical necessity for assistance to expedite comprehensive digital transformation and protect the archive.

Sharjah’s Strategic Initiative

Approximately 95% of the archive remains undigitised, making Sharjah’s initiative a significant move towards converting this global legacy into accessible digital content for researchers, academic institutions, and cultural communities around the world.

Sharjah’s Vision Confirmed

Sheikha Bodour bint Sultan Al Qasimi remarked, “This grant exemplifies Sharjah’s commitment to preserving human heritage and protecting the world’s memory, highlighting knowledge as a fundamental element of sustainable human development. UNESCO’s global archive stands as a vital centre for the preservation of heritage, intellect, education, and culture, emphasising that its preserving is a shared moral responsibility.”

Knowledge Access Promoted

Sheikha Bodour bint Sultan Al Qasimi stated, “Sharjah has always held the belief that access to knowledge should be fair and inclusive, and that protecting human memory is vital for fostering creativity and progress. With this initiative, we are creating a new avenue for international collaboration aimed at building a future that respects the past while providing future generations the chance to learn from history and draw inspiration from its lessons.”

Ongoing Cultural Leadership

This agreement demonstrates Sharjah’s ongoing leadership, under the direction of His Highness the Ruler of Sharjah, in fostering knowledge and humanitarian initiatives. It reinforces the emirate’s position as a global hub for cultural preservation, heritage protection, and the promotion of Arab representation in international intellectual and scientific organisations.

 

Sharjah Ruler signs $6M agreement to digitise UNESCO global archive
Sharjah Ruler signs $6M agreement to digitise UNESCO global archive

 

Sharjah_Government_Media_Bureau_1
Sharjah_Government_Media_Bureau_1

 

 

Kavita Kurup Appointed as Chief People Officer of Cyient

HYDERABAD, India and DALLAS, May 22, 2025 /PRNewswire/ — Cyient Limited, a global Intelligent Engineering solutions company, announced the appointment of Kavita Kurup as Chief People Officer (CPO). Based at the company’s Hyderabad headquarters, Kavita will oversee the entire Human Resources function globally, leading Cyient’s people, talent, and culture agenda across all geographies. She will also be responsible for aligning talent strategy, leadership development, and organizational effectiveness with the company’s growth ambitions and future-ready vision.

With over 25 years of international leadership across People Practices, Business Transformation, and Organizational Strategy, Kavita brings deep expertise in designing and executing large-scale, future-focused interventions that drive enterprise agility and workforce evolution. Her career spans industries as diverse as Technology, BFSI, FMCG, Media, Not-for-Profit, and entrepreneurial ventures, where she has consistently reimagined talent ecosystems as catalysts for business value.

Prior to joining Cyient, she was at UST, where she played a pivotal role in shaping the company’s global people charter in over 30 countries. She has led enterprise-wide transformation efforts across talent strategy, leadership development, DE&I, culture building, and associate experience—anchored in a bold, human-centric approach.

“We are pleased to welcome Kavita to the Cyient leadership team,” said Sukamal Banerjee, Executive Director & CEO, Cyient. “Her proven track record in architecting agile organizations, cultivating high-performance cultures, and aligning people strategy with business outcomes makes her the ideal leader to guide Cyient’s global workforce into the next phase of growth.”

A Harvard Business School alumna, Kavita is also a certified executive coach, organizational development specialist, and board-certified independent Director. Her hallmark lies in building people-first cultures that blend purpose, performance, and innovation, earning her industry recognition for strategic talent optimization and impact-led leadership development.

“Cyient has a rich legacy of engineering excellence and a distinctive people culture that sets it apart,” said Kavita Kurup, Chief People Officer, Cyient. “I am excited to build on this strong foundation and help write our next chapter— a future where our people practices become powerful levers for innovation, agility, and transformation. I am privileged to lead an incredible team, supported by advanced systems and a unique culture that truly differentiates Cyient in the industry.

This is a moment of immense possibility. Together, we will design human-centered systems and meaningful talent experiences that carry forward the Cyient spirit, unlock new potential, and prepare us for a world that’s constantly evolving,” she added.

About Cyient

Cyient (Estd: 1991, NSE: CYIENT) delivers intelligent engineering solutions across products, plants, and networks for over 300 global customers, including 30% of the top 100 global innovators. As a company, Cyient is committed to designing a culturally inclusive, socially responsible, and environmentally sustainable tomorrow together with our stakeholders.

For more information, please visit www.cyient.com
Follow news about the company at @Cyient

Gowtham Uyalla

Kaizzen PR

+91 99892 22959

gowtham.uyalla@kaizzencomm.com

Phalguna Hari jandhyala

Cyient

Phalguna.Harijandhyala@cyient.com

 

JZXN Announces Major Strategic Move: Acquisition of 1,000 Bitcoins Over the Next Year

HANGZHOU, China, May 22, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”) announces that its Board of Directors has formally approved a major strategic decision: the Company plans to complete a dual-track, parallel acquisition of 1,000 Bitcoins over the next year through a combination of additional stock issuance and cash purchases. Bitcoin acquisitions in the next year through a dual-track, parallel process of additional stock issuance and cash purchases. This move marks JZXN’s in-depth layout in the field of digital currencies, further demonstrating the company’s firm confidence in blockchain technology and its application prospects.

The acquisition plan is a strategic choice made by JZXN after thorough consideration and comprehensive evaluation. Bitcoin, as the world’s leading cryptocurrency, is not only highly liquid and recognized in the market, but has also demonstrated strong value-added potential in recent years, and JZXN believes that the inclusion of Bitcoin in the Company’s asset portfolio not only diversifies the investment risk effectively, but also brings the Company potential long-term benefits.

In order to ensure the smooth implementation of the acquisition program, JZXN will adopt a combination of additional stock issuance and cash purchase. On the one hand, the company will start the process of issuing additional shares in due course to raise part of the acquisition funds; on the other hand, the company will also utilize its own funds and possible external financing to jointly complete the remaining part of the bitcoin acquisition. This strategy reflects the company’s respect and protection of shareholders’ interests and ensures the adequacy of funding for the acquisition.

“We are well aware of the volatility and uncertainty of the Bitcoin market, but it is based on a deep understanding of blockchain technology and a long-term bullish belief that we decided to take this step,” said JZXN’s CEO. “Through this acquisition, we will further enrich our company’s asset structure and enhance our risk resistance and profitability. At the same time, we will also continue to focus on and explore the application of blockchain technology in other fields with a view to creating more value for the Company.”

For more information, please contact:
Iris He
iris@jzxn.com 

 

NYSE Content Advisory: Pre-Market update + Hinge Health, MNTN go public

NEW YORK, May 22, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.

Kristen Scholer delivers the pre-market update on May 22nd

  • Hinge Health (NYSE: HNGE), a digital health platform, raised $437 Million last night and will trade today on the New York Stock Exchange.
  • Connected TV Adtech firm MNTN (NYSE: MNTN) also priced its deal last night, raising $187 million dollars. It will trade today on the New York Stock Exchange.
  • Stocks are recovering early Thursday after the S&P 500 shed 1.7% Wednesday amid concerns about the deficit.
  • The budget bill in the House of Representatives hit a roadblock on Tuesday. However, earlier this morning, President Trump’s tax bill did clear the house in a victory for the GOP and now advances to the senate.

Opening Bell
Hinge Health (NYSE: HNGE) celebrates the opening bell to mark its first day as a public company trading on the New York Stock Exchange

Closing Bell
Tanqueray Gin launches ‘Tanq Holiday’ a celebration among colleagues and friends of the mood-shifting moment ahead of a long weekend.

Click here to download the NYSE TV App

 

JETOUR T1 Enters Egyptian Market, Teams Up with Al Ahly Club to Explore the Frontier of “Travel + Sports”

CAIRO, May 22, 2025 /PRNewswire/ — On May 20th, the global leading “Travel +” auto brand JETOUR held the lite off-road T1 launch event at the Pyramid of Khufu in Egypt. The event was attended by Egypt’s Minister of Commerce, Minister of the Chinese Embassy in Egypt, Deputy President of the Egyptian Chinese Friendship Association (ECFA), and other distinguished guests. Egyptian superstar Tamer Hosny also made a special appearance at the event. Drawing over a thousand attendees, JETOUR hosted an official signing ceremony with Africa’s legendary football club, Al Ahly, naming JETOUR as the club’s top sponsor.

This marks JETOUR’s glorious return to Egypt with another blockbuster product, following its brand event held at the Pyramid in 2023. The launch not only introduces Egyptian consumers to a new product with rugged aesthetic design, advanced technology, and comfortable experiences, but also deeply integrates JETOUR’s “Travel +” culture with top African sports IPs. Through sports marketing, it builds a brand communication bridge that transcends cultural boundaries.

Deepening the Egyptian Market: Localization Strategy Drives a Win-Win Ecosystem

As one of the fastest-growing auto brands in recent years, JETOUR has achieved a global cumulative sales volume of over 1.7 million units in six years. In 2024, its annual sales exceeded 560,000 units, with a year-on-year growth rate of over 80%, creating the “JETOUR Speed” that has amazed the industry.

Mr. Dai Lihong, President of JETOUR Auto, said: “During our global development, JETOUR has received many travel stories from users worldwide. We are committed to developing world-class products with world-class technology to serve our customers. Our goal is to make the world fall in love with JETOUR!”

The launch of the T1 in Egypt marks another strategic milestone for JETOUR, following its recent breakthroughs in the Middle East and Central and South America. As a comprehensive embodiment of JETOUR’s latest technology, the T1’s design combines the ruggedness of boxy forms with the elegance of traditional SUVs. This series design has been honored with the German Red Dot Award—often regarded as the “Oscar of the Design.” The T1 offers the best horizontal space in its class, paired with the TOUR OS 2.0 operating system powered by the Qualcomm Snapdragon 8155 chips, delivering an excellent driving experience every time. It adopts a steel cage body structure, utilizing over 85% high-strength steel, ensuring safety for every user.

Previously, the JETOUR X70 PLUS, X90 PLUS, and DASHING all achieved impressive sales performance in Egypt. With the launch of T1, JETOUR’s product lineup will be further expanded, bringing new vitality to Egypt.

During the launch event, JETOUR also signed a T2/T1 KD agreement with Egypt KASRAWY Group. This not only means that JETOUR has brought new products exceeding expectations to Egypt but also demonstrates its development concept of “In Somewhere, For Somewhere”. By building local KD factories, implementing barter trade and other measures, JETOUR is establishing a solid presence in the Egyptian market, creating more employment opportunities, and achieving mutual benefit and win-win results with the Egyptian automotive industry chain.

Empowered by Sports Marketing: Partnering with the most celebrated Club to Expand Brand Value

Football is the most popular sport in Egypt, with more than half of the nation’s population being football fans. Meanwhile, the passionate and enterprising spirit represented by football highly aligns with JETOUR’s “Travel +” culture of fearless exploration. Therefore, JETOUR collaborates with Al Ahly Club to promote the “Travel +” culture in the football field.

Al Ahly Club, founded in 1907, is one of the most successful football clubs in Africa and the Arab world. Honored as the “African Club of the Century,” Al Ahly Club has won a total of 153 trophies in various competitions. The club has long dominated domestic championships and won a record 12 African Champions League titles, with a global fan exceeding 80 million.

In this collaboration, JETOUR, as a primary core sponsor, will have prominent exposure during the club’s home games and will enjoy various rights, including the portrait rights of players and vehicle displays at the stadium. Through the cross-industry integration of sports and the “Travel +” concept, JETOUR aims to captivate consumers in Egypt with its rich brand culture, laying the foundation for the long-term success of its models in the Egypt.

In Egypt, T1 is embracing the new market and leading the trend of lite off-road SUV. The ambitious JETOUR will continue to forge ahead fearlessly. Through technological output, cultural integration, and industrial collaboration, it aims to achieve shared prosperity with the local market and embark on a beautiful “Travel +” journey together with users!