VNSTAR DIGITAL Agency, based in Singapore, is expanding its digital marketing services globally, specializing in Facebook Advertising and SEO. The agency focuses on transforming digital presence and expanding business reach through innovative content and distribution strategies.Singapore, March 7, 2025 – VNSTAR DIGITAL, a leading marketing and advertising agency in Singapore, is broadening its digital marketing services worldwide, providing a range of innovative solutions for businesses of all sizes. With expertise in Facebook Marketing, Content Management, and SEO, VNSTAR DIGITAL aims to enhance online visibility, foster engagement, and drive growth for businesses globally. In today's evolving digital environment, businesses need to utilize platforms like Facebook to connect with their target demographics. With extensive experience in Facebook advertising, VNSTAR DIGITAL is equipped to develop customized campaigns that increase brand recognition and boost conversions by combining data-driven strategies with engaging content. "We recognize the vastness of the digital world and the need for businesses to partner with someone who can deliver tangible results. Our objective is to offer businesses a comprehensive and integrated digital marketing approach, ensuring every strategy aligns with their specific business goals," states CAO ANH, CEO of VNSTAR DIGITAL. Key Services Offered by VNSTAR DIGITAL: Content Marketing: Creating high-impact, engaging content tailored to resonate with your audience and establish your brand as a leader in your industry. Digital Marketing: Utilizing effective paid advertising, social media campaigns, and email marketing strategies to boost online presence and drive conversions. Inbound Marketing: Crafting strategies to attract, convert, and nurture customers through optimized websites, lead generation techniques, and customized content. SEO Marketing: Enhancing search engine rankings and driving organic traffic through keyword optimization, on-page SEO tactics, and strategic content implementation. VNSTAR DIGITAL provides a wide array of services tailored to meet the specific requirements of businesses worldwide, whether you are a startup aiming for a breakthrough or an established brand seeking growth. "We’ve partnered with clients across diverse sectors, from e-commerce ventures to large corporations, assisting them in building robust online platforms that not only attract traffic but also convert visitors into loyal patrons," CAO ANH adds. VNSTAR DIGITAL prioritizes measurable outcomes, leveraging advanced analytics and tools to monitor performance and guarantee clients achieve a strong return on investment (ROI). This data-centric methodology has solidified the agency's standing as a dependable digital marketing partner. About VNSTAR DIGITAL:VNSTAR DIGITAL, established in Singapore, is a comprehensive marketing and advertising firm specializing in Facebook marketing, content management, and digital marketing strategies. Known for its innovative solutions and client-focused approach, VNSTAR DIGITAL collaborates with businesses globally to enhance their digital footprint and foster lasting success.Media Contactvnstar-digital9191910510 ANSON ROAD, #10-11, INTERNATIONAL PLAZA Source :vnstar-digital ```
Work Comp Saver Launches Software Aimed at Reducing Workers’ Compensation Costs for Small Businesses
Philadelphia, Pennsylvania, March 7, 2025 – Work Comp Saver, a newly launched SaaS platform, aims to assist high-risk sectors like construction and moving companies. The platform allows small businesses to develop tailored safety programs in under half an hour, with the goal of reducing workers' compensation expenses without the need for costly consultants or extensive paperwork. The increasing costs of workers' compensation insurance often lead small business owners to accept high premiums as unavoidable. However, a documented safety program can potentially lead to premium discounts ranging from 5-30%, resulting in significant annual savings. Work Comp Saver automates this process, making risk reduction programs quick, simple, and budget-friendly. According to Dave Risi, Co-Founder of Work Comp Saver, the platform was created in response to the inflated workers' compensation rates faced by small businesses lacking formal safety programs. He states that many small companies lack the time, resources, or expertise to develop such programs independently, hence the development of a simplified, automated solution. How It Works: Answer a Few Questions - Work Comp Saver's online assessment identifies necessary safety programs and aligns them with your business operations. Instantly Generate a Custom Plan - Receive a comprehensive, compliant safety program in under 30 minutes. Start Saving on Insurance - A summary report is automatically emailed to the insurance agent, providing the justification and details needed to qualify for state-specific discounts and scheduled credits to lower workers' compensation premiums. Why Work Comp Saver? ... Saves Time - Eliminates the need for months of program development. ... Saves Money - Offers straightforward cost savings with no consultants or hidden fees. ... Easy to Use - Designed for business owners without a safety background. Satin Sanghi, Co-Founder of Work Comp Saver, explains that the company utilizes advanced algorithms and automation to generate customized safety programs rapidly. By employing smart technology to analyze industry-specific risks and compliance requirements, the platform simplifies safety program development, allowing businesses to concentrate on their core activities while still qualifying for substantial insurance savings. Dave adds that the goal is to enable small businesses to save money immediately, positioning Work Comp Saver as the easiest way to reduce workers' compensation costs. For more information or to sign up, visit About Work Comp Saver Work Comp Saver is a cloud-based software solution that helps small businesses in high-risk industries reduce their workers' compensation costs. By simplifying the creation of safety programs, Work Comp Saver offers a quick and affordable way to minimize risks and lower insurance premiums.Media ContactDave Risi Source :Work Comp Saver LLC
Coppertech Golf Enhances Game with New Premium Golf Accessories
Coppertech Golf Limited is making it easier for golf lovers to purchase golf gloves and discover unique golf ball markers through its easy-to-use online store.Oakengates-Donnington, England Mar 7, 2025 - Coppertech Golf Limited, a well-known name for golf gear, is changing how golfers shop for top-notch equipment. Golfers can now enjoy a smooth online shopping experience to buy golf gloves and find special golf ball markers that will add some flair to their game. Golfers understand how important good gloves are for a comfy grip and better play. Coppertech Golf Limited offers high-quality golf gloves made with modern materials for a great fit, breathability, and long-lasting use. These gloves are made for both beginners and pros and have advanced tech that helps with a strong but flexible grip, which improves swings and reduces hand tiredness. Shopping online lets customers easily look through a large selection and find the perfect fit for what they need. Besides gloves, Coppertech Golf Limited has a variety of that bring style and individuality to the sport. These precisely made markers let golfers express themselves on the green. Whether it's a stylish metallic design, a custom engraving, or a special color mix, these markers make the game better and ensure accurate ball placement. "At Coppertech Golf Limited, we're dedicated to giving golfers gear that boosts their performance and adds some personality to their game. Our online store makes it simpler than ever for golfers to get top-quality gloves and unique ball markers without leaving their homes," said a company spokesperson. Coppertech Golf Limited offers a simple shopping experience with its easy-to-use online platform. Customers can easily browse through different product categories, read detailed descriptions, and make informed choices. The brand also provides secure payment options and quick shipping, so golfers get their products fast. Golfers who want to or find special golf ball markers can visit Coppertech Golf Limited's official website today. Discover a variety of high-quality gear that improves your golfing and adds style to the course. For more information, Connect with us Contact Us: Coppertech Golf Limited +44 7547734111 coppertechgolf@gmail.com Wayside, Rhoslan Aberdovey, Gwynedd LL35 0NS United Kingdom https://coppertechgolf.com/ https://www.instagram.com/coppertechgolf https://www.youtube.com/channel/UCgcQApggmjc00xy1m2LpX7g https://x.com/CoppertechGolfMedia ContactCoppertech Golf Limited07547734111Wayside, Rhoslan Aberdovey, Gwynedd LL35 0NS United Kingdom Source :Coppertech Golf Limited ```
Bestsys Unveils Maven AI Agents Designed to Replace Entire Outsourcing Teams
With the goal of acquiring and automating the KPO/BPO industry using Maven AI agents.San Francisco, California, March 7, 2025 – As companies around the world spend over $500 billion annually on outsourcing functions like finance, HR, and customer service, Bestsys is revolutionizing the sector with Maven AI Agents—AI-driven solutions that completely replace outsourced teams by independently handling workflows with near-human precision. With over 25 companies already using Maven AI Agents, and with these agents improving at a rate of 64% efficiency per month, Bestsys is not simply automating tasks but is pioneering a new era of AI-driven execution, thereby eliminating the need for traditional outsourcing providers. The End of Traditional Outsourcing? Bestsys is adopting a daring strategy—not just creating automation tools but directly challenging major KPO and BPO companies. The company's AI-powered workforce is designed to take over and replace extensive outsourcing operations across various sectors. Why This Matters: ... AI That Learns & Executes - Maven AI Agents observe how humans work and then perform tasks independently with accuracy.... 24/7 AI Workforce - Unlike human teams, AI workers operate continuously, significantly reducing turnaround times.... Massive Cost Savings - Early adopters have saved millions in operational expenses by substituting outsourced teams with Bestsys AI agents.... SaaS 2.0 Revolution - As AI evolves from assisting to complete execution, Bestsys is leading the transition from outsourcing services to AI-driven automation. Disrupting the $500B+ Outsourcing Industry The market is changing as businesses move beyond outsourcing that relies on human labor to AI-driven execution models. Bestsys is setting itself up as more than just a SaaS provider, acting as a direct competitor to major outsourcing companies, using AI to fully automate routine, knowledge-based tasks. "Businesses no longer require large outsourced teams for operational tasks. AI agents are now smart enough to autonomously manage entire workflows, at a much lower cost," said Subhodip Dutta, Founder & CEO of Bestsys. "This is more than just automation—it's the dawn of AI-driven companies that operate with few or no employees." What's Next for Bestsys? Bestsys is quickly expanding its AI capabilities to support industries beyond finance, HR, and customer support, focusing on completely automating large-scale operations in major corporations. The company is also preparing for multi-tenancy & SaaS deployment, bringing AI execution to businesses of all sizes. About Bestsys Bestsys is an AI-powered work suite driven by Maven AI Agents, intelligent AI workers that autonomously handle business tasks, thus removing the need for traditional outsourcing teams. With a vision to transform the future of work, Bestsys is spearheading the shift from human-driven services to AI-powered Visit: ```
Chery Auto Launches an IPO on HKEX – Fundamentals Driving Long-term Value Growth
HONG KONG, Mar 5, 2025 - (ACN Newswire via SeaPRwire.com) - Since 2024, the Chinese automotive industry has witnessed a wave of domestic brands replacement. With the dual drivers of the booming new energy vehicle market and sustained national policy support, domestic brands have achieved significant advances against international brands by means of new energy transformation, coordinated efforts in domestic and international markets, technological innovation, and global expansion, resulting in a continuous increase in market share. As Chinese domestic passenger car brands rise in the global market, the capital market is likely to recognize the intrinsic value of Chinese automakers. Chery Automobile, which submitted its application to the Hong Kong Stock Exchange on February 28, 2025, presents a unique investment opportunity.Founded in 1997, Chery Automobile has long led the industry in innovation and deep international market penetration, achieving comprehensive global business coverage and industry-leading sales. This has cemented its solid position in China's domestic passenger car market. According to Frost & Sullivan, based on global sales for the nine months ended September 30, 2024, Chery Automobile is the second-largest domestic passenger car company in China and 11th largest passenger car company globally.Reinforced Innovation to Establish Core Technological CompetitivenessUpholding the development philosophy of “Building the Enterprise through Technology,” Chery Automobile has been always regarding technological innovation as the core of its business growth. The Company has established a multi-tier and comprehensive R&D system, including the Kaiyang collaborative research initiative, Stellar Lab (core technology research and development platform), and research and development centers located in China, Europe, South and North America, and Southeast Asia.Supported by this robust R&D system and strong research capabilities, Chery Automobile has pursued a technology strategy of “Dual Strategy of ICE (internal combustion engine) vehicles and NEVs,” and achieved technological synergies between ICE vehicle and NEV models. In the field of ICE technology, the Company produced China’s first self-develop proprietary ICE engine for passenger vehicle in 1999; its in-house developed Chery Power 8-speed automatic transmission was the first proprietary 8AT transmission with full intellectual property rights in China. In the field of new energy vehicle hybrid system technology, the Company’s high-performance hybrid engine boasts industry-leading thermal efficiency and the REEV engine can achieve an oil-to-electricity conversion efficiency of 3.7 kWh/L, ranking among the best in the industry, while its hybrid DHT’s maximum mechanical efficiency in pure electric mode is among one of the highest globally.To promote intelligence technologies for NEVs to the next level and accelerate the adoption of intelligence solutions for ICE vehicles, Chery Automobile is committed to providing cost-effective intelligence solutions to users of both ICE vehicles and NEVs, such as its intelligent cockpit system and applications featuring smooth connectivity, personalized intelligence and comprehensive functions across China and overseas markets. In the first nine months of 2024, the percentage of its passenger vehicles equipped with L2 and above intelligent driving solutions reached 50.7%.Rapid Growth Supported by a Diverse Shareholder BasePowered by its exceptional technological advantages, Chery Automobile's diverse range of models has gained widespread market approval, resulting in soaring sales. In the first nine months of 2024, the Company's passenger car sales increased by 51.8% compared to the same period in 2023, leading the growth among the world's top 20 passenger car companies. Moreover, Chery Automobile was the only passenger vehicle company among the global top 20 to achieve a sales volume increase over 30.0% for both NEVs and ICE vehicles and in both China and overseas markets.The rapid business growth has translated into outstanding financial performance. In the first nine months of 2024, Chery Automobile achieved revenues of approximately RMB 182.154 billion, marking a 67.7% year-on-year increase. Net profit reached about RMB 11.312 billion, a year-on-year growth of 58.5%. The return on equity (ROE) was 81.6%. As of September 30, 2024, the Company had cash and cash equivalents totaling RMB 41.938 billion, indicating robust capital reserves.Previously, Chery Automobile has gone through several rounds of strategic financing, forming a diversified shareholder layout. This includes state-owned entities such as Anhui Credit Financing Guaranty Group Co., Ltd., Wuhu Investment Holding Co., Ltd., Bohai Industrial Investment Fund Management Co., Ltd., Qingdao Urban Investment International Development Group Co., Ltd., and Changshu Port Development Construction Co., Ltd., as well as renowned publicly-listed companies and investment institutions like Luxshare Investment (HK) Limited, CATL, Gotion High-Tech, and so on, providing substantial financial and resource support to the Company.In 2024, Chery Automobile's outstanding performance in multiple dimensions, including sales volume, revenue, profit, new energy vehicles, fuel vehicles, and exports, has accumulated sufficient momentum for landing on the international capital market. A Hong Kong listing will not only help the Company establish a long-term capital replenishment channel but also benefit the activation of its equity incentive mechanism to maximize its value potential. Copyright 2025 ACN Newswire via SeaPRwire.com.
Exceptional Presence of 24 Hong Kong Innovators Mesmerised Mobile World Congress Audience
HONG KONG, Mar 6, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong Science and Technology Parks Corporation (HKSTP) joined the Hong Kong Trade Development Council (HKTDC) in highlighting achievements of 24 tech companies and corporations at the Mobile World Congress (MWC) in Barcelona, marking it the largest delegation to date joining the world's biggest mobile industry event.The Hong Kong Tech Pavilion continues its journey overseas from recent appearance at Consumer Electronics Show (CES) in Las Vegas and engages the premises of Europe, covering the latest solutions in key sectors including Advanced Electronics & Robotics; AI & Data; and Digital Transformation. Ranging from AI-integrated products to automation services, these technological excellence brewed optimism in extending to new frontiers, and gain traction from industry leaders, potential partners, and inspired investors. (Please refer to Appendix 1 for the full list of participants.)A partnership agreement signed between HKSTP and 22@Network Barcelona, and a Memorandum of Understanding signed between HKTDC and Barcelona City Council, both witnessed by Prof Sun Dong, Secretary for Innovation, Technology and Industry Bureau (ITIB) of HKSAR Government, will be urging conversations in promoting collective efforts between the cities for a sustainable I&T future.Albert Wong, CEO of HKSTP, commented: "The world's premier mobile event makes an unrivalledopportunity to forge impactful connections – an important stage for each local tech company to play a role in the European and global markets and accelerate the adoption of transformative solutions. We look forward with excitement to witnessing new opportunities for innovation on both sides emerge at this year's conference."Iris Wong, Director of Merchandise Trade and Innovation & External Relations of HKTDC added: “The HKTDC is committed to showcasing Hong Kong’s dynamic technological prowess on the global stage. We are proud to present 24 outstanding Hong Kong start-ups and tech ventures at the Mobile World Congress, an important global arena showcasing the latest mobile communications advances. Moreover, we are happy to renew our partnership with Barcelona City Council and continuously strengthen cooperation in promoting trade and investment between the two cities. The HKTDC also continues to work closely with the city council to help Hong Kong tech start-ups gain exposure in the Spanish market"As one of the top emerging startup ecosystems, Hong Kong ranks third global after Madrid and Barcelona, and companies from the EU make up the largest foreign business community in Hong Kong, totalling 1,640 according to government data in 2024, and Technology is highly active contributing to this figure, suggesting spotlight in I&T collaborations between the regions is encouraged. Sharing the notion, HKSTP will be joining Hong Kong Economic and Trade Office, London (London ETO), Invest Hong Kong (InvestHK), and the Office for Attracting Strategic Enterprises (OASES) to co-organise a seminar in London, following further on the traction for potential investors, partners, and high-calibre talents to thrive in Hong Kong.Photo download: https://tinyurl.com/2v93bpcrPhoto 1: Hong Kong Tech Pavilion saw the presence of (from left) Paula Kant, Head of Investment Promotion of InvestHK; Chris Lo, Regional Director, Europe, Central Asia & Israel of HKTDC; Albert Wong, CEO of HKSTP; Susana Prado, President of 22@Network Barcelona; Shirley Yung, Special Represenattive for HK Economic & Trade Affairs to the European Union, Brussels ETO; Prof. Sun Dong, Secretary for Innovation, Technology and Industry of HKSAR Government; Jordi Valls Riera, Deputy Mayor of Barcelona City Council; Iris Wong, Director of Merchandise Trade and Innovation & External Relations of HKTDC; Rocky Cheng, CEO of Cyberport; and Whitney Chan, Senior Systems Manager of Digital Policy Office of HKSAR Government. Photo 2: MoU signed between the HKTDC and Barcelona City Council was represented by Iris Wong, Director of Merchandise Trade and Innovation & External Relations of HKTDC (left) and Jordi Valls Riera, Deputy Mayor of Barcelona City Council (right), and witnessed by Prof. Sun Dong, Secretary for Innovation, Technology and Industry of HKSAR Government (middle). Photo 3: A Partnership agreement signed by Albert Wong, CEO of HKSTP (left in front) and Susana Prado, President of 22@Network Barcelona (right in front) was witnessed by Prof. Sun Dong, Secretary for Innovation, Technology and Industry of HKSAR Government (left in the back) and Jordi Valls Riera, Deputy Mayor of Barcelona City Council (right in the back) in forming an alliance to foster growth of both the I&T communities. Photo 4-5: Derek Chim, Head of Startups Ecosystem and Development of HKSTP (first on the left of Photo 4) joined in sharing Hong Kong’s I&T ecosystem at the 4YFN25, an occasion that connects international innovators, and celebrates achievement and aim to “Create Better.”Photo 6: 24 Hong Kong tech companies and corporations at Mobile World Congress 2025 Barcelona, Spain. Photo 7-10: Showcases of Hong Kong tech companies engaging the local audience.Appendix 1: List of 24 tech companies at the Hong Kong Tech Pavilion including 18 from HKSTP ecosystem (by category):No.CategoryCompany Name1Advanced Electronics & RoboticsAltai Technologies Limited2Arwin Technology Limited3eSIX Limited4Robocore Technology Limited5SMiT Holdings (HK) Limited6Vista Innotech Limited7AI & DataAIqua Corporation Limited8D-Engraver Limited9Palette Space Limited10Solos Technology Limited11Electrical and Mechanical Services Department, HKSAR Government *12Maphive Technology Limited *13MTR Corporation Limited *14Digital TransformationAnimae Technologies Limited15Blue Pin (HK) Limited16Full Nature Farms (Hong Kong) Limited17GoGoChart Technology Limited18Medmind Technology Limited19Meta Mirror Technology Limited *20Pantheon Lab Limited21Preface Technopreneur Limited *22Syngular Technology Limited23Startup EcosystemHong Kong Applied Science and Technology Research Institute Company Limited (ASTRI)24Invest Hong Kong (InvestHK) *Note:- Non-HKSTP park companies marked with (*).About Hong Kong Science and Technology Parks CorporationHong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 as a thriving I&T ecosystem grooming 14 unicorns, more than 15,000 research professionals and over 2,200 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc. The growing ecosystem serves at an international I&T hub in Asia, offers comprehensive support including R&D infrastructure, investment expertise, partnership networks, talent traction and more, in accelerating ideation, and commercialising innovation for technology ventures, all with the I&T journey built around key locations across Hong Kong and branched towards the GBA and further to continuously contribute to the development of I&T making a pillar of growth for Hong Kong. More information about HKSTP is available at www.hkstp.org. About Hong Kong Trade Development CouncilThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels.For more information, please visit: www.hktdc.com/aboutus. Follow us on @hktdc and LinkedIn Media Contact: Hong Kong Science and Technology Parks CorporationSam YanTel: +852 2629 6743Email: sam.yan@hkstp.orgThe Hoffman AgencyDaphne ChanTel: +852 5960 7926Email: dchan@hoffman.comHong Kong Trade Development CouncilKaty WongTel: +852 2584 4524Email: katy.ky.wong@hktdc.comRaconteurBetsy TseTel: +852 9742 7338Email: betsytse@reconteur.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
uSMART Securities Initiates Coverage on NAAS Technology with a ‘Buy’ Rating and a Target Price of US$3.2 per ADS, Citing Industry Leadership and Profitability Outlook
HONG KONG, Mar 7, 2025 - (ACN Newswire via SeaPRwire.com) - uSMART Securities recently initiated coverage on NAAS Technology Inc. (NASDAQ: NAAS) with a “Buy”rating, setting a target price of US$3.20 per ADS, compared to the current trading price of US$1.15 per ADS as of March 7, 2025. The firm’s investment thesis is driven by the following key factors:1. Industry Leadership in the EV Charging PlatformNAAS is a leading electric vehicle (EV) charging platform in China, boasting a strong market presence in both network scale and user base. As of Q3 2024, the company had connected approximately 100,000 charging stations and 1.15 million chargers, accounting for 35% of the total public chargers in China. its platform served approximately 14 million transaction users, covering 50% of the country’s EV owners. In Q3 alone, NaaS facilitated 1.3 billion kWh of charging volume and 50 million transactions. With its robust supply and demand integration, uSMART Securities expects NaaS to further enhance network efficiency and maintain its market leadership.2. Profitability Breakthrough through an Asset-Light Business ModelNAAS’s strategic focus on asset-light, platform-based business model is accelerating the path to profitability. In 2024, the company shifted its focus to platform-based charging interconnectivity services, leading in substantial margin growth. Gross profit margin surged from 19% in 4Q 2023 to 57% in 3Q 2024, while non-IFRS net profit margin improved dramatically from -525% to 46% over the same period. This accelerated NAAS’ path to profitability ahead of schedule. Looking ahead, as economies of scale continue to expand, NAAS is expected to further improve its financial performance, transitioning from a cash-burning startup into a fundamentally driven growth company.3. AI- Driven Data Monetization OpportunitiesNAAS is uniquely positioned to capitalize on data monetization in the AI era. With 35% of public chargers and 50% of EV users in China, the company has developed the NAAS Energy Fintech (NEF) system, leveraging proprietary AI algorithms to explore potential opportunities:- Dynamic Pricing: Adjusts service fees in real-time based on demand and electricity prices, enhancing price elasticity and increasing customer retention.- Intelligent Asset Management: Uses AI-driven site selection and real-time monitoring to improve charging station efficiency and utilization.- Grid Load Balancing: Supports governments and regulators in peak shaving and demand responseWith China's EV adoption accelerating into 2025, NAAS is poised to further explore commercialization opportunities in these areas.4. Attractive Valuation Amid Sustainable ProfitabilityNaaS presents a compelling valuation, particularly as it approaches full-year break-even in 2025. This shift in profitability allows for a transition in valuation methodology from a startup-focused P/S ratio to a broader mix of P/S, PEG, and P/E multiples. Based on projected 2025 revenue of RMB 229 million and a 1.4x P/S ratio aligned with US-listed peer companies, uSMART Securities gives NAAS a “Buy” with a target price of US$3.20 per ADS. Copyright 2025 ACN Newswire via SeaPRwire.com.
Everest Medicines Hits Three-Year High as AI+mRNA Pipeline Reshapes Valuation
HONG KONG, Mar 7, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines' stock (1952.HK) surged today, opening higher and maintaining strong momentum throughout the trading day. By market close, the stock had risen 20.12% to HK$60.6, bringing the company's total market capitalization to HK$19.791 billion. This marks its highest level in nearly three and a half years since September 28, 2021, while also successfully surpassing its 2020 IPO issue price of HK$55, reflecting strong investor confidence in its AI-based mRNA platform, dual-engine strategy, and future commercialization prospects.According to the latest updates, Everest Medicines announced yesterday that the first patient has been dosed with the Company’s internally developed personalized mRNA cancer vaccine EVM16 at Peking University Cancer Hospital as part of an investigator-initiated clinical trial (IIT). Following this announcement, the company held an Investor Calls, where it provided detailed insights into its AI-based mRNA platform and pipeline advancements, highlighting progress in neoantigen prediction, vaccine development, and future commercialization strategies.Governments worldwide continue to support mRNA-based oncology research, with leading biopharmaceutical companies such as BioNTech and Moderna achieving breakthroughs in personalized cancer vaccines. Over the next one to two years, several key milestones are expected, particularly in melanoma, pancreatic cancer, and other high-mortality cancers, further reinforcing the therapeutic potential of mRNA-driven oncology treatments.Everest Medicines has established a fully integrated and clinically validated mRNA platform, encompassing antigen design, mRNA sequence optimization, LNP delivery system, and GMP production capabilities. The company holds global rights to its platform and pipeline, which is structured around four key areas: personalized cancer vaccines (PCV), tumor-associated antigen (TAA) vaccines, immune-modulatory cancer vaccines, and in vivo CAR-T therapies. With a comprehensive and differentiated portfolio, Everest Medicines is well-positioned in the rapidly evolving mRNA therapeutic landscape.The success of personalized cancer vaccines depends on the ability to identify the most immunogenic tumor mutations among thousands of genetic alterations. Everest Medicine’s proprietary machine learning based neoantigen prediction algorithm (EVER-NEO-1), uses advanced deep learning technology to precisely select highly immunogenic peptide sequences, optimizing them for mRNA vaccine design.Independent validation has shown that EVER-NEO-1’s neoantigen prediction capability meets or exceeds industry-leading standards. In head-to-head comparisons with MSKCC, a globally recognized neoantigen prediction algorithm, Everest’s model demonstrated superior performance in identifying a broader range of highly immunogenic tumor neoantigens.In preclinical studies, EVM16 demonstrated significant tumor growth inhibition in syngeneic mouse model, with repeated dosing showing favorable safety and tolerability. Preclinical data also showed a synergistic anti-tumor effect when EVM16 was combined with a PD-1 antibody, supporting its potential use in combination therapies in clinical settings.Additionally, Everest is advancing EVM14, its off-the-shelf TAA cancer vaccine, which has achieved key regulatory milestones. The company will submit an investigational new drug application for its TAA vaccines in China and the United States in 2025. One of EVM14’s key advantages is its ability to induce long-term immune memory and prevent tumor recurrence. In preclinical studies, 13 out of 15 mice treated with EVM14 experienced complete tumor regression, with no tumor regrowth even after re-exposure to tumor cells. Additionally, EVM14 has shown enhanced anti-tumor efficacy when combined with PD-1 inhibitors, further supporting its clinical potential.Everest’s mRNA platform extends beyond oncology, with the company advancing immune-modulatory cancer vaccines and in vivo CAR-T therapies. The in vivo CAR-T program, leveraging mRNA/tLNP technology, has successfully achieved T cell transfection and CAR expression in non-human primate models. Compared to conventional CAR-T therapies, Everest’s in vivo CAR-T offers significant advantages, including lower production costs, enhanced safety, no need for lymphodepletion, and potential for outpatient treatment administration. Early data also suggests promising applications in refractory systemic lupus erythematosus (SLE), demonstrating its broader therapeutic potential.Speaking at today’ s Investor Calls, Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines, stated: "Everest Medicines has successfully transitioned from a license-in-driven model to a dual-engine strategy. The establishment of our proprietary mRNA platform marks a significant milestone, strengthening our in-house R&D capabilities and serving as a key driver of future growth. At the same time, we are accelerating the commercialization of our core products and remain committed to achieving our strategic goal of exceeding RMB 10 billion by 2030. Everest Medicines is poised to unlock even greater long-term value and advance toward the forefront of global biopharmaceutical innovation."From a capital markets perspective, Everest Medicines’ AI-based mRNA platform integrates cutting-edge antigen selection, mRNA sequence optimization, and industrial-scale production capabilities, positioning it as a strong player in the global mRNA therapeutics space. Everest Medicines is the first biopharmaceutical company in China to advance an AI-based personalized mRNA cancer vaccine into the clinical stage. BOCOM International has recognized Everest Medicines as a key innovator in mRNA cancer therapeutics, highlighting its strong pipeline catalysts, significant revenue potential, and substantial valuation upside. Everest is well-positioned to strengthen its leadership in AI-enabled mRNA innovation and drive new global collaborations in the biopharmaceutical sector. Copyright 2025 ACN Newswire via SeaPRwire.com.
OrbusNeich Achieves Fourth Consecutive Year of Revenue Growth with Record High Revenue of US$164.1 Million and Net Profit of US$39.7 Million
Results Highlights:- Revenue hit record high of US$164.1 million, up 6.6% year-on-year.- Sales volume reached 1.7 million units, of which 1.5 million units were proprietary products, showing an increase of 4.8% year-on-year.- Gross profit increased by 7.5% to US$114.5 million, with gross profit margin improving to 69.8%; profit for the year attributable to owners of the Company was US$39.7 million.- The Board proposed a final dividend of HK10 cents per share, representing a dividend payout ratio of 26.7%.- The Group maintained a sound financial position with cash and bank balances of US$248.6 million at year-end to support merger and acquisition initiatives.- Fueled by newly acquired distributors in Indonesia and South Korea, along with organic growth in direct sales, APAC market revenue grew 43.7% year-on-year, while the US and the PRC markets showed signs of recovery in the second half of 2024.- The Group registered products of eucatech AG, a German company acquired in November 2023, in the Czech Republic, Italy, Malaysia, Saudi Arabia, Spain, Switzerland, UAE, and Vietnam.HONG KONG, Mar 7, 2025 - (ACN Newswire via SeaPRwire.com) - OrbusNeich Medical Group Holdings Limited (“OrbusNeich” or the “Group”; stock code: 6929), a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (“PCI”) and percutaneous transluminal angioplasty (“PTA”) procedures, today announced its annual results for the year ended December 31, 2024 (the “Year”), reporting record-high revenue and healthy net profit despite the challenging business landscape.Driven by the recovery of sales in the US and continued growth in the APAC market in the second half of the year, the Group’s revenue reached US$164.1 million, an increase of 6.6% over the previous year. Excluding the impact of foreign exchange, revenue growth would have been 8.7% year-on-year. Gross profit increased by 7.5% to US$114.5 million, and gross profit margin rose slightly to 69.8%. During the Year, the Group laid the groundwork for stronger long-term performance by integrating the businesses of the three companies acquired in late 2023. Although these integration efforts incurred temporary costs, resulting in a profit of US$39.7 million attributable to the owners of the Company (2023: US$45.1 million), they are expected to generate substantial synergies in the future. Excluding the abovementioned additional expenses, the three core operating expenses, namely selling and distribution expenses, general and administrative expenses and research and development expenses, were remained stable year-on-year.As of December 31, 2024, the Group was in a strong financial position with cash and bank balances amounting to US$248.6 million (2023: US$255.8 million). After careful consideration of the Group’s future capital requirements, the Board has proposed a final cash dividend of HK10 cents per share (2023: HK10 cents per share) as a token of appreciation for the continued support from shareholders and investors.Mr. David Chien, Chairman, Executive Director and Chief Executive Officer of OrbusNeich, said, “In 2024, the OrbusNeich team navigated challenges while diligently strengthening R&D, production, supply chain, clinical, regulatory, quality, sales, and marketing capabilities. The immediate contributions of our newly acquired distributors in Indonesia and South Korea bolstered our APAC market performance. Meanwhile, our focus on product registration for eucatech AG, has resulted in approvals in eight countries, with more on the horizon. As we celebrate OrbusNeich’s 25th anniversary in 2025, our relentless innovation, strong global presence and pioneering products will continue to propel us to new heights, as evidenced by our established global reputation and continued revenue growth over the past few years. Looking ahead, we remain committed to improving patient outcomes while striving to create long-term value for shareholders.”Extensive Sales Network Fuels Growth in APAC and EMEAOrbusNeich sold its products through its extensive sales network covering more than 70 countries and regions worldwide, and maintained a balanced revenue distribution across major markets. Driven by external growth from newly acquired distributors in Indonesia and South Korea, as well as robust organic growth from the markets in Malaysia, Singapore, Hong Kong, Vietnam, and India, the APAC market became the Group’s major growth driver during the Year, with revenue increasing by 43.7% to US$52.2 million. In particular, the latest generation of scoring balloon, Scoreflex TRIO, recorded rapid sales growth following its launch in Malaysia in early 2024. EMEA market revenue grew by 7.9% year-on-year to $39.2 million, mainly attributable to increased sales of the Group’s proprietary balloon products in direct sales markets such as Germany and Spain, as well as in distribution markets such as the Czech Republic, Slovakia, and the United Kingdom.Both the PRC and the US markets achieved significant improvement in the second half of 2024. As the Beijing-Tianjin-Hebei “3+N” Alliance Volume-Based Procurement (“VBP”) was gradually rolled out in various provinces, the Group adopted a more proactive marketing strategy, which resulted in Scoreflex’s sales volume gaining momentum, facilitating an improvement in the performance of the PRC market in the second half of the year, reaching a revenue of US$20.7 million. Meanwhile, following active discussions with Abbott, the Group’s US distributor, revenue in the US gradually picked up. In particular, the sales volume of the high selling price product, Scoreflex NC, more than tripled in the second half of the year compared with the first half, driving the revenue of the US market to reach US$17.5 million. The Japan market recorded revenue of US34.4 million.Diversity in Innovation with a Portfolio of Approved Products and Upcoming Clinical TrialsAs of December 31, 2024, OrbusNeich had more than 240 granted patents and published patent applications worldwide in key jurisdictions and an aggregate of more than 50 approved products. During 2024, the Group made significant progress in terms of product registrations and clinical trials, including:- Obtained NMPA approval for Teleport Neuro, FDA approval for Teleport XT, JADE PLUS 14/18/35 OTW, Sapphire Ultra and Sapphire NC Ultra, and CE Marks for Sapphire Ultra, Sapphire NC Ultra, Xtenza and Teleport XT;- Submitted NMPA registration application for its guiding catheter and Jade PTA Line Extension, and PMDA registration application for Scoreflex QUAD and Teleport Glide;- Completed clinical trial patient enrollment for Scoreflex TRIO in the PRC with NMPA application submission in January 2025;- Initiated clinical trial patient enrollment for Sapphire 3 in the US in Q4 2024, with approval application expected to submitted in Q1 2026.The Group has also been actively registering eucaLimus (DES), Support C (coronary DCB), and VITUS (peripheral DCB) in various countries following the acquisition of eucatech AG in late 2023. Registrations for one or more of the above-mentioned products were completed in the Czech Republic, Italy, Malaysia, SaudiArabia, Spain, Switzerland, the UAE, and Vietnam, while applications are pending approval in Hong Kong, Indonesia, and Singapore. Additionally, to renew the CE Mark for its products under the MDR regime, clinical registries have been initiated with renowned key opinion leader clinicians as lead principal investigators.The Group continued to invest in new pipeline products such as the aspiration catheter, dual lumen catheter, peripheral scoring balloon and sheath, and registration of these products is expected to be submitted to various regulatory bodies in 2025. In line with the “leave nothing behind” trend, the Group is also investing in proprietary paclitaxel DCB, with clinical trials expected to commence in the fourth quarter of 2025 in Japan.During the year, the joint venture OrbusNeich P&F made significant efforts to advance the clinical studies of TricValve in two major APAC markets. The clinical trial in the PRC started in April 2024, while the PMDA clinical trial protocol approval in Japan is expected to be completed by the end of 2025.In addition to proprietary products, the Group also entered into a distribution agreement with a Chinese manufacturer to distribute its intravascular ultrasound (IVUS) catheter in Hong Kong and Macau from December 2024, thereby diversifying its product offerings.Exceptional Product Quality Ensured through Stringent Production ProcessesAs of December 2024, OrbusNeich’s annual production capacity reached approximately 2.0 million units of balloons and 60,000 units of stents, with product quality ensured by a strict management system and maintaining ISO 13485 certification. Notably, eucatech AG successfully passed its ISO 13485 re-certification audit in the latter half of 2024, while the Shenzhen site achieved ISO 14001 and ISO 45001 certifications in June 2024, highlighting its commitment to sustainability.In addition, the construction of the Group’s largest R&D and production facility in Hangzhou, PRC, progressed smoothly during the Year. The Group is currently focusing on enhancing its automation levels to reduce labor requirements, improve operational efficiency, and ultimately lower overall operating costs. The facility is expected to be operational in 2027 and will add an annual production capacity of 2.4 million units upon the commencement of production.Mr. Chien concluded, “Entering 2025, we are cautiously optimistic about our prospects given the strong growth momentum in APAC and EMEA, as well as the recovering US and PRC markets. Over the past 25 years, our success has been fueled by continuous innovation, product line expansion and a strengthened sales network. These efforts, together with the synergies from the integration of our acquired businesses, will position us well to capitalize on the opportunities that lie ahead. With robust financial resources, we are able to take advantage of industry consolidation for strategic mergers and acquisitions to enhance our technological reserves and expand our product portfolio. To maintain our steady growth in the medical device market, we will place greater emphasis on sustainable development to adapt to the evolving healthcare landscape while staying true to our mission of improving patient outcomes.”About OrbusNeich Medical Group Holdings LimitedOrbusNeich is a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures. Headquartered in Hong Kong, China, our Group sells its products in more than 70 countries and regions worldwide. It is also actively expanding into neuro vascular intervention and structural heart disease. With an in-house R&D team boasting over 20 years of product development expertise, our Group has developed world-leading proprietary technologies.For more information, please visit the Group’s official website: https://orbusneich.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.
Japan’s Telecommunications Carriers Enhance Disaster Response with On-site Training for Joint Use of Marine Vessels
TOKYO, Mar 7, 2025 - (JCN Newswire via SeaPRwire.com) - Japan's eight telecommunications companies — Nippon Telegraph and Telephone Corporation, NTT East, NTT West, NTT DOCOMO and NTT Communications (the NTT Group), KDDI Corporation, SoftBank Corp. and Rakuten Mobile — conducted on-site training for the joint use of marine vessels from March 4 to 7, 2025, as part of their cooperative framework launched on December 1, 2024, aimed at ensuring the rapid restoration of communication networks in the event of large-scale disasters. The drill was held in Nagasaki City, Nagasaki Prefecture.The training was conducted on the cable-laying vessel KIZUNA, which is owned by the NTT Group. Mobile network operators conducted training for the installation of shipboard base stations from March 4 to 6, while fixed-line operators conducted drills for the transportation of supplies on March 7. The exercise, which assumed the occurrence of a large-scale disaster, confirmed that the processes for installing base stations, as well as transporting and unloading equipment and supplies, was carried out smoothly.Moving forward, the companies will continue to strengthen inter-operator cooperation and work to ensure the rapid recovery of communication networks during disasters. Copyright 2025 JCN Newswire via SeaPRwire.com.
Hopeful Message From Iran on International Women’s Day
The sheer scale and power of the “Woman, Life, Freedom” protests in Iran were initially surprising. The protests, which started in 2022 and continued into January, provided a fresh look at Iranian society. Why did women's protests, in a country facing numerous economic hardships that also fueled protests in 2017 and 2018, gain such widespread solidarity and support? The answer highlights some less-known aspects of modern Iran. The 2022 protests initially broke out in response to the systematic oppression of women through mandatory hijab laws that enforced a strict Islamic dress code. However, they gradually exposed deeper social issues. At their peak, the protests fostered a unique sense of unity, with diverse voices heard from Kurdistan and Baluchistan to Tehran, including social, civil society, and political groups. Consequently, the fight against gender oppression became linked to the struggles of marginalized ethnic groups, labor unions, and civil organizations. This suggests that Iran is experiencing a series of interconnected protests, each more intense than the last. The 2022 protests showed that women, along with other oppressed and disadvantaged groups, are central to these movements and will be key in shaping Iran's future. Even now, a large number of Iran’s political prisoners are women, and three women—Pakhshan Azizi, Varisha Moradi, and Sharifeh Mohammadi—have been sentenced to death. Despite the state's harsh repression, the 2022 protests have had some positive effects. After months of debating a new “Chastity and Hijab” bill, the Iranian government ultimately decided not to enforce it, fearing more protests. Simultaneously, despite government coercion, women have successfully asserted their right to choose their own clothing. Men have also joined the resistance against mandatory hijab, refusing to support government policies and opposing the repression of women protesters. Thus, the women’s struggle has not only forced the Islamic Republic to back down but has also created fissures in the patriarchal structures of Iranian society. Violence against women persists, often perpetrated by husbands or male relatives. However, the fight for gender equality has undeniably challenged traditional concepts like “honor” and “family dignity.” In the past, most women advocating for gender equality or freedom of dress felt compelled to prove their adherence to traditional values. Today, they no longer feel obligated to demonstrate allegiance to religious and cultural norms. Women’s activism has disrupted the traditional patriarchal family structure, lessened the influence of certain Islamic laws, and weakened religious and traditional values. By demanding their rights, women have played a vital role in Iran’s secularization and democratic aspirations. Iranian women's resistance dates back to the late 19th and early 20th centuries, especially during the Constitutional Revolution. After the 1979 Islamic Revolution, women's status declined in both private and public life. Almost immediately after the Islamic Republic was established, women faced demands for mandatory hijab. However, on March 8, 1979, International Women’s Day, women protested, chanting, “In the dawn of freedom, there is an absence of freedom,” forcing the government to retreat. Around that time, secular women’s groups started to organize. However, in the chaos of the post-revolution period and, particularly, the outbreak of the Iran-Iraq War, these groups were suppressed. Not only was mandatory hijab enforced, but the regime’s anti-women laws were also institutionalized. Combined with the eight-year war, state suppression temporarily silenced the women’s movement. But resistance continued in different forms. The sociologist Asef Bayat has examined the impact of everyday resistance against the Islamic Republic’s repression, which gradually challenged both the clerical establishment and traditional patriarchal beliefs. Because much of the violence against women stems from the ideological foundations of the Iranian regime, the women’s movement has directly confronted the government's dominant ideology and its religious laws. In this context, it becomes clear that women's leadership in the 2022 protests was not sudden or spontaneous but rooted in a long history of public organizing and resisting oppression in daily life. My sisters, women’s rights activists, and feminists across the globe, the time has come for us to unite and criminalize gender apartheid as a crime against humanity. Our strength lies in solidarity, in sisterhood, and in standing together to realize women’s rights. Recently, I had an inspiring conversation with Margaret Atwood via TIME Magazine about gender apartheid and the similarities between what we face today and the dystopian world of her historic novel The Handmaid’s Tale, which I read in prison. What has been happening in Iran is a reminder of resilience of women in the face of oppression. Listen to the experience of women in Iran and Afghanistan—help us fight with gender apartheid by amplifying this fight. As March 8 approaches, let’s join hands and stand together for a world free from violence against women and gender apartheid. Let’s fight for equality, democracy, and freedom. Let’s remember that the shared path to “Woman, Life, Freedom”—Jin, Jiyan, Azadî—knows no borders. ```
Columbia University Probes Spark Free Speech Debate Amid Campus Tensions
Almost a year after protests occurred on college campuses nationwide, Columbia University, which experienced significant student demonstrations, has initiated investigations. Columbia's Office of Institutional Equity is reportedly issuing notices to students for actions like writing opinion pieces, participating in art exhibits related to campus encampments, and sharing political views on social media, according to the Associated Press. While these investigations are within the university’s rights, as the First Amendment only restricts government actions, some experts are questioning their appropriateness. Nadine Strossen, a professor at New York Law School, stated that while private institutions like Columbia are not legally bound by the First Amendment, the university should still uphold its principles. These investigations coincide with federal actions against student protesters, especially those critical of Israel. The Trump Administration recently announced the withdrawal of over $400 million in federal grants to Columbia, citing the university's inadequate response to antisemitism. Strossen suggests that Columbia's actions may be a result of pressure from the federal government, which could be interpreted as a governmental infringement on free speech. Following a surge of pro-Palestinian demonstrations last year, several university presidents were summoned to testify before Congress about antisemitism on campus. President Donald Trump then signed an Executive Order addressing “anti-Semitic harassment in schools and on university and college campuses.” Palestine Legal criticized the directive as a "McCarthyite crackdown" intended to create fear and suppress pro-Palestinian speech, potentially chilling critical views of Israel and support for Palestinian rights. Despite the investigations, student activists remain active. Pro-Palestinian protests occurred at Columbia and Barnard College on Thursday, following the arrest of nine individuals the previous day during the dismantling of a campus encampment by local police. The First Amendment protects speech unless it constitutes bullying or harassment targeting specific individuals or groups. Strossen argues that holding up a poster or sharing social media posts does not meet this threshold for unprotected speech. A Columbia representative informed TIME that the university refrains from commenting on specific cases or ongoing investigations. A report from Columbia’s task force on antisemitism in August 2024 found that Jewish and Israeli individuals at Columbia often faced ostracism and humiliation. The report defined antisemitism to include calls for divestment from Israel and exclusion based on perceived connections to Israel. Columbia’s free speech policy affirms the right of students, staff, and others to protest and express themselves freely on campus. Strossen also notes that over 100 higher education institutions have formally endorsed the “Chicago Statement,” a policy supporting free speech. Last September, Columbia introduced a new policy addressing discrimination and harassment, stating that speech about a country's policies or practices that includes discriminatory comments about people from or associated with that country may be considered Discriminatory Harassment. The “Chicago Statement” clarifies that while the freedom to debate ideas is essential, individuals cannot say anything they want, anywhere they want. The University can restrict expression that breaks the law, is defamatory, or constitutes a genuine threat or harassment. However, these restrictions should be narrow and consistent with the University's dedication to open discussion. Strossen argues that the mere act of investigating students can be intimidating, even if they are not ultimately penalized. This intimidation can discourage individuals from expressing similar views, creating a chilling effect beyond those directly investigated. ```
Laid-off Federal Workers Find Little Sympathy from Family Members
NEW YORK — As some recently laid-off federal employees struggle to find new employment and healthcare coverage, they face an unexpected challenge: lack of support, and even outright celebration of their job loss, from family members. The deep political divisions within the country are now infiltrating personal relationships, manifesting in text messages, social media posts, and tense discussions as Americans grapple with the consequences of governmental cost-cutting measures. Instead of finding sympathy, some dismissed workers encounter family and friends who firmly believe in the necessity of reducing what they perceive as excessive government spending. “I feel like the government has turned me into a public enemy, and that sentiment is now affecting my family relationships,” says 24-year-old Luke Tobin, who was let go from his technician position with the U.S. Forest Service in Idaho’s Nez Perce National Forest last month. Tobin’s dismissal prompted him to rush to refill his prescriptions before losing his health benefits and to complete numerous job applications for any available work, including positions at fast-food restaurants. However, the reactions from some family members, who view his firing as “a necessary step to make the government great again,” have been particularly disheartening. “They are unable to separate their political beliefs from supporting their own family members,” Tobin states. Kristin Jenn experienced a similar reaction from relatives after learning that the National Park Service ranger position she was about to start had been temporarily suspended due to a hiring freeze implemented by Elon Musk’s Department of Government Efficiency (DOGE). She anticipates the position will be eliminated entirely. As she expressed her disappointment over the potential loss of her dream job, some of her predominantly conservative family members unfriended her on social media, while others are giving her the cold shoulder. Most of them support the budget cuts, even if she is directly affected. “My world is falling apart because I’m unable to work in my chosen field,” says Jenn, 47, from Austin, Texas. “The lack of family support on top of that is incredibly painful.” The discord has even affected Jenn’s relationship with her mother, a former federal employee. When Jenn criticizes the administration’s actions, her mother simply expresses her support for the president. “She has somehow come to believe that public servants are unproductive parasites, even though she herself was one,” Jenn explains. The federal job cuts are a result of DOGE's efforts to identify and eliminate perceived waste within government agencies. While an official count of the firings has not been released, estimates suggest that thousands of employees across various parts of the country have been affected. More layoffs are anticipated as DOGE continues its work. Eric Anderson, 48, of Chicago, was still reeling from his dismissal from his biological science technician role at the National Parks Service when he saw his aunt’s social media post celebrating the DOGE cuts. According to Anderson, the post conveyed the sentiment, “It’s wonderful to see all this waste being eliminated.” He becomes agitated when he thinks about it. “Do you consider me waste?” he asks, his voice rising as he recalls the post. “Many people are suffering right now who are not waste.” Erica Stubbs, who worked as a forestry technician with the U.S. Forest Service in Boulder, Colorado, is avoiding social media to avoid the negativity directed towards federal employees. Although most of her acquaintances have been supportive since her firing, some have made casual remarks about the need to eliminate positions like hers. “They tell me that it’s simply cutting out the excess spending and that my job wasn’t that important,” says 27-year-old Stubbs. “I’m not claiming it’s the most crucial job in the world, but it’s my livelihood. It’s important to me.” Social media is filled with posts celebrating the layoffs and encouraging DOGE to continue the cuts. In a deeply divided nation, many view the cutbacks through their own political perspectives. One person’s misfortune, it seems, can be another’s satisfaction. Riley Rackliffe, formerly an aquatic ecologist at Lake Mead National Recreation Area in Nevada, was encouraged by the outpouring of support he received after his firing, with numerous friends and relatives offering to share his resume, contact their representatives, or even contribute to his mortgage. However, this was mixed with animosity. When his firing was reported in the local news, a Facebook post of the article generated a flurry of comments disparaging him and applauding the layoffs. One commenter referred to Riley, who is 36 and holds a Ph.D., as a “glorified pool boy” whose job could be performed by anyone. Even some of Rackliffe’s friends tempered their condolences with support for cutting jobs they considered to be unnecessary government bloat. “Hey, I’m sorry you lost your job, but I think we really need to eliminate some of this government waste,” Rackliffe recalls one friend texting him, expressing support for DOGE’s goals. “He essentially said, ’We’ve got to do this. We’ve got to rip off the Band-Aid.” What hurts most, Rackliffe says, is the implication that people like him were lazy and unproductive, collecting substantial salaries for meaningless work. “It’s truly hurtful for the president to suggest that you don’t matter or that your job consisted of sitting at home doing nothing and getting paid,” he says. “I’d like to see him searching for parasitic snails in spiny naiad in 120-degree weather. He’s the one who plays golf at taxpayer expense. I don’t even know how to golf.” ```
New Mexico Reports Adult Death in Measles Case
New Mexico state health officials reported on Thursday that an adult in the state with a measles infection has died, though it hasn't been determined if the virus caused the death. According to a health department spokesperson, the deceased individual was unvaccinated and did not seek medical treatment. Specific details such as age were not immediately available. The individual resided in Lea County, which borders West Texas, where a significant measles outbreak has occurred, resulting in 159 cases and the death of a school-aged child last week. New Mexico officials have stated that there is no confirmed link between the Texas outbreak and the case in Lea County. This marks the 10th confirmed measles case in Lea County. Seven of these individuals were unvaccinated, while the vaccination status of the remaining three is unknown. Six cases are adults, and the others are children under 17. The Centers for Disease Control and Prevention (CDC) announced on Tuesday that a team would be deployed to Texas to assist local health officials in managing the outbreak, which started in late January. Measles is a highly contagious respiratory virus that can linger in the air for up to two hours. Exposure to the virus will result in infection in approximately 90% of susceptible individuals. The MMR vaccine, which protects against measles, mumps, and rubella, is considered safe and highly effective. The first dose is recommended for children between 12 and 15 months of age, and the second dose is recommended between 4 and 6 years of age. Dr. Chad Smelser, the deputy state epidemiologist, emphasized the importance of vaccination, stating, “We don’t want to see New Mexicans getting sick or dying from measles. The measles-mumps-rubella vaccine is the best protection against this serious disease.” ```
Judge to Hear Arguments on Halting Immigration Arrests at U.S. Schools
DENVER — On Friday, a federal judge will hear arguments regarding a request to prevent immigration agents from making arrests at schools. This request is in response to a Trump administration policy, which has not yet been implemented. Denver Public Schools is urging U.S. District Judge Daniel Domenico to issue an injunction against immigration enforcement in schools nationwide. This request is part of an ongoing lawsuit challenging the new policy. The lawsuit asserts that the potential for regular immigration arrests in schools has caused a decline in student attendance. It also states that the district has been forced to allocate resources to address student and family anxieties stemming from the removal of long-standing restrictions on immigration enforcement near sensitive locations such as schools and churches. “This includes offering mental health services to students, shifting administrator focus from academic matters to immigration concerns, and providing support to students who have missed school to help them catch up,” the school district's lawyers stated in their request to halt the new policy. The previous “sensitive locations” guidelines generally required officers to obtain approval before conducting enforcement actions at these locations, although exceptions were made for issues like national security. The policy modification, announced in January by the acting head of the Department of Homeland Security, which includes Immigration and Customs Enforcement, emphasized that field agents should use “common sense” and “discretion” when carrying out immigration enforcement activities without needing a supervisor's authorization. According to a court document filed by lawyers representing Department of Homeland Security Secretary Kristi Noem, the head of ICE later issued a directive requiring supervisory approval for immigration arrests at sensitive locations like schools. Such arrests have been infrequent. Lawyers for Denver schools cited ICE data indicating that between 2018 and 2020, only two immigration arrests occurred in schools, with an additional 18 arrests taking place near schools. A filing submitted last week by the Council of the Great City Schools in support of Denver's lawsuit stated that there have been no arrests at schools under the new policy as of last week. The federal government argues that Denver schools have not demonstrated direct harm resulting from the policy change and therefore lack legal standing to pursue a lawsuit. Last month, a federal judge in Maryland prohibited immigration agents from conducting enforcement activities in places of worship for Quakers and a few other religious groups after they filed a lawsuit challenging the directive. This order is limited to the religious groups involved in the lawsuit. It remains uncertain when Domenico, a Trump appointee and former Colorado solicitor general, will issue a ruling.
New Zealand’s Ambassador to UK Dismissed After Trump Comments
WELLINGTON, New Zealand — New Zealand's top representative in the U.K. has been dismissed due to comments he made this week in London regarding U.S. President Donald Trump, according to New Zealand's foreign minister on Thursday. Phil Goff, New Zealand’s High Commissioner to the U.K., made the remarks during a Tuesday event hosted by the Chatham House think tank in London. Goff, participating in a Q&A with Finland’s Foreign Minister Elina Valtonen, referenced a well-known 1938 speech by Winston Churchill, then a Member of Parliament under Prime Minister Neville Chamberlain. Churchill's speech criticized Britain's Munich Agreement with Adolf Hitler, which allowed Germany to annex part of Czechoslovakia. Goff quoted Churchill's words to Chamberlain: “You had the choice between war and dishonor. You chose dishonor, yet you will have war.” Goff then posed the question to Valtonen: “President Trump has returned the bust of Churchill to the Oval Office. But do you think he truly understands history?” The audience chuckled at the New Zealand diplomat’s question. In response, Valtonen said she would “limit myself” to saying that Churchill “has made very timeless remarks,” according to a video of the event released by Chatham House. Valtonen’s speech on Tuesday, titled ‘Keeping the peace on NATO’s longest border with Russia,’ focused on Finland’s approach to European security. Foreign Minister Winston Peters told reporters that Goff’s comments were “disappointing” and rendered his position “untenable.” Peters stated, "In that role, you embody the government and its current policies. You cannot simply voice your own opinions; you represent New Zealand." Peters added that officials would "work through" the "upcoming leadership transition" at New Zealand's London mission with Goff. Goff had served as New Zealand’s envoy to the U.K. since January 2023. He has not yet responded to requests for comment. According to a statement from New Zealand's foreign minister, officials are “in discussion with High Commissioner Goff about his return to New Zealand.” Former Prime Minister Helen Clark—Goff’s superior during his time as a lawmaker—criticized his dismissal on X, calling it “a very thin excuse” to remove a “highly respected” former foreign minister from his diplomatic post.
Ukraine Minerals Deal: Why Trump’s Win Claim Is Misguided
A potential positive outcome of the interaction between Donald Trump and Volodymyr Zelensky recently was that it appeared to cast doubt on a minerals agreement between the U.S. and Ukraine. However, it seems more reasonable perspectives are now taking precedence. Zelensky stated on Tuesday that he is "reviving" the deal, and Trump has praised Ukraine's willingness to do so. Officials from both nations have suggested they will meet next week to discuss the war in Ukraine and the agreement. Based on available information, the proposed agreement would establish a fund using proceeds from Ukrainian mineral sales for Ukraine's post-war reconstruction. It would also compensate the U.S. for aid to Ukraine in its conflict with Russia and generate opportunities for U.S. mining companies, allegedly reducing U.S. reliance on China for minerals. American officials have lauded the agreement as a "win-win," beneficial for both the U.S. and Ukraine. While enabling Ukraine to rebuild using its own resources and creating opportunities for U.S. businesses are both positive, Trump should be cautious of the minerals trap. This involves the potentially costly and unrestrained pursuit of rare-earth minerals, which can lead great powers into strategic difficulties. The allure of resources partially explains why U.S. forces remained in Afghanistan long after their initial objectives were met. It may also explain the continued U.S. military presence in Syria under uncertain circumstances, despite the declared defeat of the Islamic State in 2019. Trump stated that year that American forces would remain "only for the oil." Russia has also recently fallen into the minerals trap in Africa, facing the risks of overextension as its soldiers become entangled in low-level conflicts to maintain access to resources. In the past six months alone, numerous Russian mercenaries have died in Mali protecting mines. Minerals also played a significant, but often overlooked, role in Russia's full-scale invasion of Ukraine in 2022, which has proven costly for Moscow. Instead of fixating on repayment from Ukraine, Trump should prioritize U.S. security interests and carefully assess the costs and benefits of pursuing Ukrainian minerals. On the benefits side, the potential gains may be limited, as much about Ukrainian minerals remains unknown. The U.N. estimates that Ukraine possesses a notable share of the world's rare earth minerals, including those most critical for national security. However, these assessments are based on outdated surveys that may not be accurate. Furthermore, the investment and development time required to establish operational mines (averaging 16 years) are substantial. Location is also a major concern. Some of the mineral deposits are believed to be in eastern Ukraine, the epicenter of intense conflict since 2022 and clashes between Ukrainian forces and Russian-backed separatists since 2014. U.S. mining companies should be wary of making significant, long-term investments in the Donbas region. Beyond the questionable economic benefits, the costs of securing Ukrainian minerals could be excessive. If U.S. companies invest, they will require protection from attacks by Russia and its local allies. Trump has suggested that the mere presence of U.S. workers in Ukraine will deter Russia due to the fear of harming Americans. As Treasury Secretary Scott Bessent noted, "The more assets that U.S. companies have on the ground, the more security it creates for the Ukrainian people." This is overly optimistic. Aside from the ethical considerations of using U.S. miners and engineers as a security force, deterrence does not function in this manner. History suggests that autocratic states like Russia are only deterred by a strong counterforce that poses a threat to their survival. Without offering such a counterforce, U.S. miners and engineers would become attractive targets for Russian special forces or pro-Russian separatists in eastern Ukraine who oppose Kyiv or U.S. mining operations. If attacks occur, Washington will face pressure to respond, either out of anger, to maintain credibility, or both. The U.S. might then provide Ukraine with the advanced weaponry Zelensky has requested, or even deploy U.S. troops to protect the mines. Both are scenarios the U.S. should avoid. Ultimately, U.S. leaders need to approach Ukraine's mineral resources with a healthy dose of pragmatism. Numerous other friendly nations and territories—Canada, Australia, Greenland, Norway, Sweden, and Finland, among others—possess a wealth of rare-earth minerals and could potentially form partnerships with Washington. As for Ukraine, its minerals are not worth the risk to U.S. security. Trump, a self-proclaimed deal-maker, should recognize a poor deal when he sees one.
US Challenges Thailand’s Justification for Uyghur Deportation to China
BANGKOK — The U.S. State Department stated on Friday that the United States and other nations repeatedly offered Thailand opportunities to resettle over thirty Uyghur men before their deportation to China. Rights groups fear they could be subjected to torture and other abuses upon their return. Last week, the 40 Uyghurs, who had been held in Thai custody since 2014 after fleeing state repression in China’s Xinjiang region, were secretly transported from a detention center in Bangkok. The State Department, responding to inquiries from The Associated Press, said, "We have been working with Thailand for years to prevent this situation, including making consistent and repeated offers to resettle the Uyghurs in other countries, including, at times, the United States." Earlier in the week, Thailand’s Vice Minister for Foreign Affairs, Russ Jalichandra, stated that there had been no substantial offers to accept the men. He told reporters, "If a third country was genuinely committed to taking them, it should have also negotiated with China to allow Thailand to send them to that third country." The State Department condemned Thailand’s decision as a violation of its commitment to the United Nations Convention Against Torture. It also asserted that the U.S. and other countries did not need Beijing’s approval to offer the Uyghurs asylum. The State Department stated, "The obligation to ensure that individuals at risk of persecution or torture are not refouled is not subject to negotiation with the persecutor country," using the term for the forced return of asylum seekers to a country where they are likely to face persecution. It added that a "number of allies and partners" had been involved in the resettlement plans over the years but declined to provide further details. Russ suggested that Thailand agreed to return the Uyghurs to China partly out of concern that Beijing would retaliate if they were allowed asylum elsewhere. He said, "The impact that Thailand would face from sending them to a third country would be huge. It was unrealistic." According to U.S. officials and human rights organizations, China has imprisoned over 1 million people, including Uyghurs and other predominantly Muslim ethnic groups, in an extensive network of indoctrination camps. Individuals have been subjected to torture, sterilization, and political indoctrination, as well as forced labor, as part of an assimilation campaign in a region whose inhabitants are ethnically and culturally distinct from the Han Chinese majority. China has refuted all allegations, asserting that its policies in Xinjiang are aimed solely at promoting economic and social development in the region and combating radicalism. It also rejects criticism of what it deems its internal affairs. In 2014, Thai police apprehended over 200 Uyghurs in southern Thailand near the Malaysian border and charged them with immigration violations. Smaller groups were also detained elsewhere around the same time. In 2015, approximately 170 Uyghur women and children were released to Turkey, while over 100 Uyghur men were deported to China, sparking international condemnation. The remaining individuals remained in Thai detention until February 27, when, shortly after 2 a.m., most were secretly transported in trucks with blacked-out windows and flown to Xinjiang. Eight are believed to remain in Thailand, and their status is uncertain. Human Rights Watch and other NGOs denounced the deportations as a violation of domestic and international law, stating that "these men are now at grave risk of being tortured, forcibly disappeared and detained for long periods by the Chinese government." United Nations human rights chief Volker Türk also stated that Thailand had violated international human rights laws and standards, and called on the country to ensure the remaining Uyghurs are not returned to China. He called on China to disclose their whereabouts and to "ensure they are treated in accordance with international human rights standards." Chinese Foreign Ministry Spokesperson Lin Jian retorted that Türk should "refrain from interfering in national judicial sovereignty" and denied that China or Thailand had violated any laws. He said this week, "China is always committed to protecting the legitimate rights and interests of its citizens." "The repatriated individuals, who had been detained abroad for a long time, have had their legal rights fully protected according to the law and have returned to normal life." —AP writer Jintamas Saksornchai contributed to this story. ```
The Events Leading to Cobel’s Decision in Severance: Episode 8 Explained
Warning: This post contains spoilers for Episode 8 of Severance Season 2. Much has happened in Severance since Harmony Cobel was last seen leaving Helena Eagan in episode three of Season 2. Episode 8, titled “Sweet Vitriol,” marks Patricia Arquette's character's return. The 38-minute episode begins with Harmony arriving in Salt’s Neck, the town she was driving towards in Episode 3 before returning to Lumon. Salt’s Neck is revealed as Harmony’s hometown and a former Lumon company town devastated by the corporation. Many residents are addicted to ether, seemingly introduced by Lumon and now sold by Hampton (James Le Gros), Harmony’s childhood friend. Despite hard feelings, a strong loyalty remains between them. Harmony asks him to drive her to Celestine “Sissy” Cobel (Jane Alexander), her estranged relative who raised her. Sissy is a "pariah" and a radical Kier follower, adhering to his nine principles. She made young Harmony’s life difficult, forcing her to work at Lumon’s factory with Hampton. Harmony, fired by Lumon, seeks access to her late mother’s locked room, believing it contains a valuable possession. The breathing tube Harmony carries belonged to her mother, Charlotte Cobel, who disliked Lumon and Kier. Harmony accuses Sissy of removing the tube and causing her mother's death. However, Sissy claims Charlotte removed the tube herself. Interestingly, a written to expand the show's world mentions Lumon’s “feeding tube devices” and a Nashville newspaper that was “sued into oblivion” after attempting to expose them. Harmony finds a notebook of her Lumon designs in a basement outside Sissy’s home. Young Harmony was chosen by the Eagans to attend the Myrtle Eagan School for Girls and receive the Jame Eagan Wintertide Fellowship. The episode reveals that Harmony, not Jame, invented the severance procedure. She identifies her circuit blueprint, base code, overtime contingency, and Glasgow block. Harmony says the Eagans threatened her with banishment if she took credit for her work. A car, likely belonging to Lumon, appears. Harmony escapes with Hampton, but Lumon will likely pursue her. Driving away, Harmony speaks with Devon (Jen Tullock), who has been calling her. Learning that Mark (Adam Scott) has under Reghabi (Karen Aldridge)'s guidance, Harmony decides to help Mark and potentially bring down Lumon. As the inventor of the severance procedure, Harmony may be the only one who knows how to reverse it safely. However, her makes her loyalty unpredictable. Her shifting allegiances could determine the fate of Mark, Gemma, and the other innies.
Ex-Olympic Snowboarder from Canada, Now Accused Drug Kingpin, Added to FBI’s Most Wanted List
LOS ANGELES — A $10 million reward is being offered for information leading to the arrest of Ryan Wedding, a former Canadian Olympic snowboarder accused of leading a vast international drug trafficking operation and ordering multiple murders connected to it. The FBI added 43-year-old Ryan Wedding to its most wanted list on Thursday, coinciding with the U.S. State Department’s announcement of the $10 million reward. Akil Davis, Assistant Director of the FBI’s Los Angeles Field Office, stated that Wedding allegedly transitioned from Olympic snowboarding to distributing cocaine across the U.S. and Canada. Davis added that Wedding is considered extremely dangerous due to the alleged murders of his rivals. The FBI notes that Wedding also goes by the aliases "El Jefe," "Public Enemy," and "James Conrad King." Wedding was initially charged with murder and drug-related offenses last June. These charges were expanded in September with an indictment alleging that Wedding and his associates orchestrated the annual shipment of approximately 60 tons of cocaine between Colombia, Mexico, Southern California, and Canada using semi-trucks. The FBI announced in October that a dozen individuals had been apprehended in connection with the case. U.S. authorities claim the group murdered two members of a Canadian family in a case of mistaken identity as retribution for a drug shipment theft, as well as two other individuals, according to officials and court documents. Wedding placed 24th in the parallel giant slalom event at the 2002 Olympics. ```













