
Microvast at CIBF 2025: Powering What's Next
STAFFORD, Texas, May 19, 2025 /PRNewswire/ — Microvast Holdings, Inc. (NASDAQ: MVST) ('Microvast' or the 'Company'), a global leader in advanced battery technologies, has highlighted its comprehensive suite of high-performance battery products at the 17th China International Battery Fair (CIBF 2025) at the Shenzhen World Exhibition and Convention Center from May 15th to 17th, 2025. … Continue reading "Microvast at CIBF 2025: Powering What's Next"
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Business Standard
2 hours ago
- Business Standard
The Luanda Accord Marks Landmark Commitment to Support Natural Diamond Industry
PRNewswire Mumbai (Maharashtra) [India], June 23: Representatives from diamond-producing governments, industry stakeholders, and leaders from across the global natural diamond value chain signed the Luanda Accord, a landmark accord aimed at ensuring a bright future for the natural diamond industry through renewed investment in global generic marketing led by the Natural Diamond Council (NDC). * Leading diamond producing countries announce their intention to allocate 1% of annual diamond revenue towards promotion of natural diamonds through the Natural Diamond Council Recognizing the vital role that natural diamonds play in supporting livelihoods, generating national revenues, and driving development across Africa and other diamond producing regions, the Luanda Accord highlights the shared commitment of the signatories to work together to boost consumer interest in, understanding of, and demand for natural diamonds. "Natural diamonds are more than just precious stones -- they are a lifeline for millions of people and a cornerstone of economic opportunity in many of our countries," said Diamantino Azevedo, Angola's Minister of Mineral Resources, Oil and Gas, speaking at the conclusion of the Ministerial Round Table meeting in Luanda. To support this, the Luanda Accord has confirmed their intent to contribute to a global marketing effort driven by the NDC, building on the foundations of previous campaigns and expanding its scope and reach in key consumer regions. Participating producer governments and De Beers Group intend to allocate 1% of the annual revenue they generate from rough diamond sales to fund this initiative. These funds will be entrusted to the NDC to execute a global category marketing approach. "This is a decisive step forward," said Minister of Minerals and Energy of Botswana, Bogolo Joy Kenewendo. "By coming together, we are sending a compelling message: that the future of natural diamonds lies in ambition, transparency, and a commitment to telling our story to the world - and that we are all committed to investing and telling that story." "Bringing together key leaders in the industry highlights the challenge facing the industry of insufficient investment in growing consumer demand. I am appreciative to all the Ministers who attended the meeting and their commitment to focus on consumer demand as the driver of future prosperity. I'd also like to thank De Beers for their unwavering support, and to the diamond centers of Antwerp, Dubai and Mumbai for their role in making the Accord happen," states David Kellie, CEO of Natural Diamond Council. Richa Singh, Managing Director, Natural Diamond Council, India & Middle East, stated , "India is at the heart of the natural diamond story not just as one of the biggest markets, but as a place where craftsmanship and tradition come alive. The Luanda Accord is a powerful step forward because it means we are investing in telling the real story behind natural diamonds, their rarity, authenticity, and the positive impact they have on communities around the world. At the Natural Diamond Council, we are proud to champion this initiative and ensure that natural diamonds continue to captivate and inspire in India's dynamic and growing market." With a focus on launching an enhanced category marketing campaign ahead of the 2025 peak sales season, the Luanda Accord represents a turning point for the industry -- and a renewed promise to the communities and countries whose futures are intertwined with the enduring brilliance of natural diamonds. About the Natural Diamond Council: Natural Diamond Council is a global not-for-profit organization which inspires and informs consumers about the incredible world of natural diamonds. NDC supports the integrity of the natural diamond industry by providing transparency and insight on the progress of this sector and its commitments to further betterment. NDC partners with industry stakeholders for the purpose of sharing best practices and driving trust and works to educate and protect the consumer. The NDC operates in the US, China, India, UAE, and Europe. For more information, please visit - Photo:


Business Standard
2 hours ago
- Business Standard
From IIT to Inner Transformation: Gauranga Das Calls for a Revival of Dharmic Values at IGF London
PRNewswire London [UK], June 23: On the final day of IGF London 2025, spiritual leader and ISKCON monk Gauranga Das delivered a profound address at Taj St. James' Court, urging global leaders and changemakers to reimagine progress through the lens of Dharma, cultural wisdom, and inner balance. * Spiritual leader Gauranga Das urges a return to purpose-driven living, cultural humility, and inner well-being in a world dominated by material success and digital stress "Indians across the world are having immense impact in terms of Artha or economy. I stand here to testify that Indians also have a powerful role to play in the transformation of Dharma." Defining Dharma as "Samaan" - the principle of respect - he addressed the deepening crisis of digital addiction, loneliness, and anxiety. "We have a huge problem. Globally, 230 million are addicted to social media. In Bharat alone, 70% of teenagers spend seven hours daily online. One in seven people around the world is suffering from mental health issues." Sharing his own transformative journey--from an IIT Bombay student to a spiritual teacher--Gauranga Das offered a deeply personal reflection: "I went to IIT in the same batch as Sundar Pichai. Years later, we met, and he said, "You look younger than me." I replied, "You deal with Google, which creates stress. I deal with God, who releases stress." Highlighting the extraordinary impact of the Indian diaspora, Gauranga Das noted: "Today we have 36 million Indians globally. Almost 16 million NRIs, 20 million of Indian origin. Out of the Fortune 500 companies in America, 22 are led by Indian CEOs who employ 1.7 million people and represent a net worth of $1 trillion. More than 60% of hotels in America are owned by Indians, and 72 out of 650 US unicorns are led by Indians." He closed with a tribute to India's spiritual heritage: "I never imagined I'd wear saffron. But the Geeta changed my life. Our Vedic tradition is an ocean of wisdom, and I'm proud to be part of a movement from technology to transcendence." Gauranga Das' remarks were a part of three-day forum that convened business leaders, policy thinkers, and cultural icons, reminding the world that in forging global partnerships, spiritual and cultural grounding remains essential. The forum forms part of IGF London 2025. With over 100+ speakers, 1000 participants, and events across iconic venues in London, IGF London 2025 encompasses a spectrum of topics - from technology and trade to culture and commerce. This year's edition marks a powerful milestone - a decade since Prime Minister Narendra Modi's landmark 2015 visit to the UK, and the two nations have finalised the long-awaited Free Trade Agreement. IGF London is the first major international platform to celebrate and analyse this historic achievement, unlock new opportunities that emerge from its conclusion, and shape the next phase of UK-India collaboration. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here Social Media Handles & Hashtag to Follow Twitter: @IGFUpdates & @manojladwa LinkedIn: India Global Forum #IGFLondon Photo - London - (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same)


Business Standard
2 hours ago
- Business Standard
Markets Eye Modest Gains Amid Mideast Tensions, Mixed Global Data
U.S. futures point higher as traders watch Israel-Iran conflict; Philly Fed signals weak growth, gold dips sharply and Asia-Europe markets diverge. The Nasdaq inched up 25.18 points (0.1%) to 19,546.27, the S&P 500 edged down 1.85 points or less than a tenth of a perecnt to 5,980.87 and the Dow slipped 44.14 points (0.1%) to 42,171.66. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.2%. Stocks may open higher as traders closely monitor the escalating conflict between Israel and Iran. The White House is expected to decide within two weeks whether to support Israeli military actions. As the conflict enters its eighth day, both nations continue to exchange missile and drone attacks. The Philly Fed reported its diffusion index for current general activity remained unchanged in June at -4.0, signaling continued contraction. Economists had expected a slight improvement to -1.0. Looking ahead, future indicators show weaker growth expectations, with the future activity index plunging to 18.3 from 47.2 in May. The Conference Board will release its report on leading economic indicators in the month of May. The leading economic index is expected to edge down by 0.1% in May after slumping by 1% in April. Asia-Pacific stocks turned in a mixed performance. Japan's Nikkei 225 Index dipped by 0.2%, while Hong Kong's Hang Seng Index jumped by 1.3% South Korea's Kospi surged by 1.5%. The major European markets have all moved to the upside on the day while the German DAX Index is up by 1.6%, the French CAC 40 Index is up by 1.0% and the U.K.'s FTSE 100 Index is up by 0.5%. In commodities trading, crude oil futures are edging up $0.16 to $75.30 a barrel after rising $0.30 to $75.14 a barrel on Wednesday. Meanwhile, after inching up $1.20 to $3,408.10 an ounce in the previous session, gold futures are tumbling $44.50 to $3,363.60 an ounce. On the currency front, the U.S. dollar is trading at 145.47 yen versus the 145.45 yen it fetched on Thursday. Against the euro, the dollar is valued at $1.1524 compared to yesterday's $1.1495.