Industry News

Persistent Earns Top Honors for the Third Consecutive Year in Extel's 2026 Asia Executive Team Survey

Recognized for excellence in executive leadership, financial stewardship and investor relations engagement SANTA CLARA, Calif. and PUNE, India, May 18, 2026 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT), a global Digital Engineering and Enterpri...

2026-05-18 20:42 4905

Sohar International and ewpartners Sign Strategic Partnership to Strengthen Asia-GCC Financial Cooperation

MUSCAT, Oman, May 18, 2026 /PRNewswire/ -- Reinforcing the growing economic and investment connectivity between Asia and the GCC, Sohar International and ewpartners have signed a strategic partnership at Sohar International's headquarters in Oman to strengthen cross-border financial cooperation a...

2026-05-18 20:41 4532

MS Pharma Announces Strategic Growth Investment from Olayan Financing Company

Strategic Partnership to Accelerate Growth in Saudi Arabia and Across the MENA Region AMMAN, Jordan and RIYADH, Saudi Arabia, May 18, 2026 /PRNewswire/ -- MS Pharma today announced that Olayan Financing Company (OFC) has made a minority equity investment in the company. This partnership brings s...

2026-05-18 20:39 4620

XPENG Robotaxi First Mass-Produced Unit Officially Rolls Off the Production Line

GUANGZHOU, China, May 18, 2026 /PRNewswire/ -- XPENG (NYSE: XPEV, HKEX: 9868), a leading China-based high-tech company, today announced the official rollout of its first mass-produced Robotaxi in Guangzhou. This marks the first time in China that an automaker has achieved mass production of a Rob...

2026-05-18 20:35 5912

YY Group (NASDAQ: YYGH) Expands Malaysia Operations to Melaka, Entering New High-Growth Hospitality Market

Partnership with international 5-star hotel broadens the Company's recurring revenue base and enhances regional visibility SINGAPORE, May 18, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated faci...

2026-05-18 20:07 7718

Cognizant Increases 2026 Share Repurchase Target by $1 Billion to $2 Billion

Board Approves $2 Billion Increase in Stock Repurchase Authorization Additional $1 Billion of Shares Expected to be Repurchased in the Second Quarter of 2026 Cognizant CEO to Participate in Fireside Chat Hosted by J.P. Morgan on May 18, 2026 TEANECK, N.J., May 18, 2026 /PRNewswire/ -- Cognizant (...

2026-05-18 20:00 5781

Govee Introduces the TV Backlight 3 With the Highest-Resolution 4MP Dual-Camera and First Hybrid Glass-Plastic Lens

With the industry's highest 4-million-pixel resolving power and an industry-first hybrid glass-plastic dual-camera lens, the TV Backlight 3 brings cinema-grade ambient lighting to every living room BELLEVUE, Wash., May 18, 2026 /PRNewswire/ -- Govee, a global leader in smart lighting, today anno...

2026-05-18 20:00 6645

Stareep Makes Its North American Debut, Introducing the First AI-Powered Sleep Recovery System to the U.S.

PALO ALTO, Calif., May 18, 2026 /PRNewswire/ -- Stareep, the next-generation intelligent recovery company incubated by Dreame Technology, today announces its entry into the North American market at an exclusive launch event being held at Stanford University.

2026-05-18 20:00 3183

SofaBaton Introduces U3, an Air Mouse Universal Remote for Streaming-First Living Rooms

NEW YORK, May 18, 2026 /PRNewswire/ -- SofaBaton today introducedthe SofaBaton U3

2026-05-18 20:00 5934

Mastercard and JD.com announce strategic partnership to support business growth through payments innovation

The initial focus is on expanding payment infrastructure to support international business and enhance inbound visitor experience in China, plus collaboration on applying AI and advanced technologies to commerce and fraud prevention tools. BEIJING, May 18, 2026 /PRNewswire/ -- Mastercard, a worl...

2026-05-18 19:40 5332

XCMG Scales Deployment of Intelligent Logistics Solution, Enabling More Efficient, Lower-Emission Operations at Global Aviation Hubs

XUZHOU, China, May 18, 2026 /PRNewswire/ -- Building on its capabilities in intelligent equipment development and global logistics services, XCMG Machinery (SHE: 000425) has introduced a comprehensive "autonomous + renewable energy" aviation logistics solution. Most recently deployed at Nanjing L...

2026-05-18 19:27 5273

TOYO Co., Ltd Announces Unaudited and Unreviewed First Quarter 2026 Financial Results and Reaffirms Guidance

TOKYO, May 18, 2026 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar solution company, today announced its unaudited and unreviewed financial results for the first quarter ended March 31, 2026, and reaffirmed its 2026 guid...

2026-05-18 19:15 8186

Control Risks announces appointment of Bill Udell as Chief Executive Officer

LONDON, May 18, 2026 /PRNewswire/ -- Control Risks, the global strategic intelligence and security firm today announces that Bill Udell will become Chief Executive Officer with effect from 1 June 2026. Udell succeeds Nick Allan, who is stepping down after 25 years with the business, including sev...

2026-05-18 19:00 4542

Earendil Labs Announces First Cohort Dosed in Phase I Study of Novel Biparatopic Antibody Targeting Thymic Stromal Lymphopoietin (TSLP)

WILMINGTON, Del., May 18, 2026 /PRNewswire/ -- Earendil Labs, a global leader in AI-driven research and development of next-generation biologics therapeutics, today announced the successful completion of cohort 1 dosing in a phase I clinical trial for a novel biparatopic antibody targeting Thymic...

2026-05-18 19:00 5869

SU Group Launches Expanded AI Security Offering to Meet Surging Global Demand

HONG KONG, May 18, 2026 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced a significant expansion of its AI-powered security solutions portfolio. Under a newly formed p...

2026-05-18 19:00 6032

Emaar Properties exits the JV structure for The Eighth Gate, Damascus

* A Renewed Commitment to Syria's Future, Rooted in Decades of Trust DUBAI, UAE, May 18, 2026 /PRNewswire/ -- Emaar Properties PJSC (DFM: EMAAR), one of the world's most valuable and admired real estate developers, today announced that it is in the process of exiting the JV structure relating t...

2026-05-18 18:40 3374

ICEX's Audiovisual From Spain premieres three new short films at Cannes as part of its 'Where Talent Ignites' campaign

Films directed by Carla Simón, Turbo (Pau López and Gerardo del Hierro), and Nicolás Méndez connect cinema, fashion, music, animation, and design CANNES, France, May 18, 2026 /PRNewswire/ -- Audiovisual From Spain, the internationalization initiative of ICEX Spain Trade and Investment, premiered ...

2026-05-18 18:00 5072

China Automotive Systems Began Volume Shipment of EPS Systems to a Global Automaker in Europe

WUHAN, China, May 18, 2026 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the first batch of electric power steering ("EPS") models for a global automaker's European d...

2026-05-18 18:00 5780

ICEX's Audiovisual From Spain premieres three new short films at Cannes as part of its 'Where Talent Ignites' campaign

Films directed by Carla Simón, Turbo (Pau López and Gerardo del Hierro), and Nicolás Méndez connect cinema, fashion, music, animation, and design CANNES, France, May 18, 2026 /PRNewswire/ -- Audiovisual From Spain, the internationalization initiative of ICEX Spain Trade and Investment, premiered ...

2026-05-18 18:00 4906

Xinhua Silk Road: Southwest China ethnic county gains traction for int'l twins festival

BEIJING, May 18, 2026 /PRNewswire/ -- When the 20th Mojiang international twins festival lit up its countywide lively holiday aura recently, the Hani ethnic group-inhabited small county in southwest China impressed tourists from near and far with a unique twins culture.

2026-05-18 17:59 5565