Moody’s Brings Its Decision-Grade Intelligence to Gemini Enterprise for Financial Services

 NEW YORK - Tuesday, 25. August 2026

Integration through Moody’s Credit MCP server brings trusted credit ratings, research, and entity intelligence into Google Cloud’s new industry-specific AI solution for financial services

 

(BUSINESS WIRE)--Moody’s Corporation (NYSE: MCO) today announced that its connected intelligence is now available in Google Cloud’s Gemini Enterprise for Financial Services through the Moody’s Credit Model Context Protocol (MCP) server. As a launch partner for Google Cloud’s Gemini Enterprise for Financial Services, Moody’s gives financial professionals working in the platform direct access to credit ratings and research from Moody’s Ratings, along with Moody’s curated intelligence on companies, entities, and risk.

“Delivering decision-grade intelligence wherever financial professionals work is how we help our customers stay ahead as agentic AI reshapes financial workflows,” said Ana Meauta, Managing Director, Channel Sales Partnerships at Moody’s. “With Gemini Enterprise for Financial Services, our customers can access Moody’s connected intelligence directly, bringing contextualized, decision-grade data to the point of decision.”

Gemini Enterprise for Financial Services is Google Cloud’s industry-specific AI solution, pairing purpose-built skills and agents with the specialized data sources financial professionals use for complex work. Moody’s Credit MCP server powers the platform to draw directly on Moody’s content at the protocol level, grounding AI outputs in trusted, explainable data while eliminating the need for custom integrations.

With Moody’s intelligence available natively in the platform, financial professionals can ground AI-driven research and analysis across a range of credit and risk workflows, from credit analysis and counterparty assessment to entity screening and market research, helping teams move faster across the tasks they navigate each day without leaving the environment where they work.

“By bringing Moody’s trusted financial intelligence directly into Gemini Enterprise for Financial Services, we are enabling financial professionals to streamline complex workflow without friction. This integration ensures that teams can access authoritative, auditable data right where they work, significantly accelerating analysis while maintaining the highest standard of accuracy and trust,” said Satish Thomas, Vice President, Google Cloud.

The integration expands Moody’s partnership with Google Cloud and reflects Moody’s broader AI strategy of delivering its connected intelligence to customers inside the platforms and workflows they already use. Each integration is a new access point into one connected system, delivering the same trusted intelligence Moody’s customers use to make informed decisions about risk.

To learn more, visit https://www.moodys.com/web/en/us/creditview/blog/ai-partnerships.html.

About Moody’s Corporation

In a world shaped by increasingly interconnected risks, Moody’s (NYSE: MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 16,000 across more than 40 countries, Moody’s gives customers the comprehensive perspective needed to act with confidence and thrive. Learn more at moodys.com.

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995

Certain statements contained in this document are forward-looking statements and are based on future expectations, plans and prospects for Moody’s business and operations that involve a number of risks and uncertainties. Such statements involve estimates, projections, goals, forecasts, assumptions and uncertainties that could cause actual results or outcomes to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements. Stockholders and investors are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements and other information in this document are made as of the date hereof, and Moody’s undertakes no obligation (nor does it intend) to publicly supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise, except as required by applicable law or regulation. Factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements are described in greater detail under “Risk Factors” in Part I, Item 1A of Moody’s annual report on Form 10-K for the year ended December 31, 2025, and in other filings made by the Company from time to time with the SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these factors, risks and uncertainties may cause the Company’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on the Company’s business, results of operations and financial condition.

 

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For Moody’s Communications:

Joe Mielenhausen

Moody’s Corporation

+1 212-553-1461

joe.mielenhausen@moodys.com

 

IFF Report Finds GLP-1 Is Reshaping Food Choices and Eating Behaviors Among Indian Consumers

 Research highlights emerging opportunities for food and beverage innovation

 

(BUSINESS WIRE)--IFF (NYSE: IFF) — a global leader in flavors, fragrances and health and biosciences — released new research examining how GLP-1 use is influencing food behaviors among Indian consumers and what those shifts may mean for the future of food and beverage innovation. The study is the latest in IFF’s GLP-1 global consumer insights following the company’s 2025 GLP-1 Consumer Opportunity Outlook.

“We are seeing that a change in appetite can lead to a broader change in the relationship people have with food, from how much consumers eat to how they choose, experience and participate in eating occasions,” said Harsch Koshti, regional marketing director, IFF Taste for Greater Asia. “For the food industry, this is a critical opportunity to listen closely to these emerging behaviors and think about how innovation can address these needs.”

The report, "Inside the India GLP-1 Consumer Journey," was unveiled at IFF’s Eat Smart Asia: The GLP-1 Shift symposium in New Delhi. Based on research conducted among GLP-1 users in Delhi, Mumbai and Bengaluru, the study explores how changing appetites are influencing food choices, sensory experiences, shopping habits and social eating occasions. The findings suggest a new consumer mindset is emerging. While participants reported eating smaller portions, they are also becoming more deliberate about what they consume, placing greater emphasis on nutrition, taste, ingredient quality and overall eating satisfaction. Key findings from the report include:

74% say they read food labels more carefully than before starting GLP-1 medication

64% experience social eating discomfort at least occasionally

69% are choosing coconut water as part of their hydration habits

The Indian plate is getting smaller, but the desire for food Isn't disappearing

The consumer study points to significant changes in portion sizes across everyday Indian foods. For example, consumers are moving from three to four chapatis to one or two, from five or six idlis to two, and from 2.5 bowls of rice to half a bowl of serving. Reduction in quantity for consumption does not diminish the importance of food. Instead, when consumers eat less, every bite has to work harder — increasing the importance of nutrient density, taste, texture and satisfaction.

Research from IFF’s India GLP-1 consumer journey report also found notable changes in sensory perception, suggesting opportunities for food developers to create products that deliver enhanced nutrition and sensory satisfaction in smaller portions. For example:

90% experience changes in how food tastes or feels

50% prefer soft, easy-to-digest texture

69% want to balance flavor impact

Beyond individual eating habits, the research highlights the social dimensions of changing consumption patterns. Nearly two-thirds of respondents indicated they experience some level of discomfort during social eating occasions. The report’s findings suggest many consumers remain motivated by participation and normalcy, creating opportunities for brands to develop products and experiences that help consumers remain engaged in familiar food occasions while adapting to changing needs.

The GLP-1 consumer is becoming a more deliberate food shopper

The report points to a significant shift in how consumers approach food information — 74% say they read food labels more carefully than before. The scrutiny extends beyond calories to protein, ingredients and natural or preservative-free claims. For food and beverage brands, this raises a broader question about how products communicate nutrition, ingredients and value to consumers who are increasingly deliberate about what makes it onto their plates.

The individual plate is changing faster than the family grocery basket

While personal consumption habits are evolving, household purchasing patterns remain relatively stable. Among respondents:

78% continue buying biscuits for their households

71% continue buying packaged sweets and full-fat dairy products

63% continue buying fried snacks

This creates a more complex opportunity for food and beverage brands than simply developing “GLP-1-friendly” products, particularly in a market where food choices remain deeply embedded in household and family routines.

Hydration is becoming more intentional

The shift extends beyond solid food. The study found that 74% view hydration as a daily wellness goal, with many gravitating toward coconut water and electrolyte-based beverages.

The trend highlights growing interest in products that combine functionality, hydration and sensory appeal as consumers become more intentional about their beverage choices.

Implications for food and beverage innovation

The research further highlights that the opportunity surrounding GLP-1 extends beyond weight management. As consumer expectations around appetite, portions and sensory experiences continue to evolve, food and beverage companies may need to reconsider how they deliver nutrition, enjoyment and value across eating occasions.

IFF’s report, “Inside the India GLP-1 Consumer Journey,” provides an early perspective on changing consumer behaviors and emerging opportunities across food, beverage and sensory innovation.

Access the full report here.

The findings are based on a consumer insights study conducted among GLP-1 users in Delhi, Mumbai and Bengaluru and are intended for informational purposes only. They do not constitute medical, nutritional or healthcare advice.

Welcome to IFF

At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent and health and biosciences, we’re innovating for the future. Every day, we deliver groundbreaking, sustainable solutions that elevate products people love — advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook.

© 2026 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved.

 

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Taste Communications:

Lynette Wong

+65 8093 0122

Lynette.wong@iff.com

SLB Selected as Strategic Reservoir Partner for the Havstjerne Carbon Storage Project

 Integrated engineering work will support development of the large-scale carbon storage project ahead of a final investment decision

(BUSINESS WIRE) -- Global energy technology company SLB (NYSE: SLB) today announced it has been selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, providing technology and engineering services for the concept and front-end engineering and design (FEED) phases. The Havstjerne project is a large-scale offshore carbon storage development in Norway intended to serve industrial emitters across Europe, operated by Harbour Energy (LSE: HBR) in consortium with Stella Maris CCS, a Yinson Production company.

SLB will coordinate an integrated project scope that connects analysis of the underground storage reservoir with injection well design, subsea infrastructure and plans for monitoring stored CO2 as the Havstjerne partnership develops the project’s technical, cost and schedule basis ahead of a final investment decision. The scope includes concept and FEED studies delivered through close collaboration between SLB and its OneSubsea™ joint venture.

"Carbon storage projects are moving from individual technical studies toward integrated development models that connect the subsurface, wells and offshore infrastructure,” said Gavin Rennick, president of SLB’s New Energy and Industrial business. "Havstjerne demonstrates how SLB can bring together its technology, engineering and project integration capabilities to help customers develop the technical basis needed to advance large-scale carbon storage projects.”

SLB will provide the early engineering study, subsurface and reservoir maturation and wells, while SLB OneSubsea will deliver the concept and FEED of the subsea injection system, comprising the template manifold, all-electric trees, control system, umbilical and distribution system. This integrated approach is intended to improve technical coordination across the storage system and reduce the number of technical and contractual interfaces.

An appraisal well drilled in 2025 confirmed reservoir quality suitable for CO2 injection and storage, providing an important technical basis for the project’s continued development. The Havstjerne project also received 225 million euros from the EU Innovation Fund in 2025 and has selected a low-pressure floating storage and injection concept focused on system reliability, low cost and commercial flexibility.

"Havstjerne is being matured to provide a cost-effective, large-scale offshore CO2 storage for European industrial emitters,” said Mark van Aerssen, Havstjerne project manager. "This integrated approach will help us further define the project’s technical, cost and schedule basis while strengthening coordination across critical interfaces.”

"The Havstjerne project demonstrates how collaboration across the value chain can help advance carbon storage solutions,” said Lars Gunnar Vogt, chief technical officer of Yinson Production. "We believe large-scale, cost-competitive CO2 storage infrastructure will play an important role in serving industrial emitters, and we look forward to continuing our collaboration with Harbour Energy and SLB.”

Key points:

SLB was selected as strategic reservoir partner for the concept and front-end engineering and design (FEED) phases of the Havstjerne carbon storage project in the Norwegian North Sea.

Havstjerne is intended to provide large-scale offshore CO2 storage for European industrial emitters and received 225 million euros from the EU Innovation Fund in 2025.

SLB will coordinate an integrated scope that includes concept and FEED studies, subsurface and reservoir maturation, wells and the subsea injection system, delivered through close collaboration between SLB and its OneSubsea™ joint venture.

The integrated work will help the Havstjerne partnership develop the project’s technical, cost and schedule basis ahead of a final investment decision. Havstjerne has selected a low-pressure floating storage and injection concept focused on system reliability, low cost and commercial flexibility.

About SLB

SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

Cautionary Statement Regarding Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

 

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Contacts

Media

Josh Byerly – SVP of Global Communications

Moira Duff – Director of External Communications

SLB

Tel: +1 (713) 375-3407

media@slb.com

Investors

James R. McDonald – SVP of Investor Relations & Industry Affairs

Joy V. Domingo – Director of Investor Relations

SLB

Tel: +1 (713) 375-3535

investor-relations@slb.com

Ansaldo Energia Selects Kinaxis to Power the Future of Global Energy Infrastructure

 OTTAWA, Ontario - 

One of Italy's most historic industrial companies invests in AI-powered Maestro™ platform as demand for power generation technology accelerates worldwide

(BUSINESS WIRE) -- Kinaxis® Inc. (TSX:KXS), a global leader in AI-powered supply chain planning and orchestration, today announced that Ansaldo Energia, a global leader of power generation technology, has selected the Kinaxis Maestro™ platform to help orchestrate its complex supply chain in supporting one of the fastest-growing infrastructure markets in the world.

For more than 170 years, Ansaldo Energia has stood at the heart of Italy's industrial heritage, helping shape the nation's energy future while becoming a global leader in power generation technology. Today, as demand for reliable energy infrastructure accelerates, driven by AI, hyperscale data centers, electrification and energy security, Ansaldo Energia is navigating increasingly complex, high-value manufacturing programs, extended production cycles and a rapidly evolving supply chain.

The selection of Kinaxis follows an extensive transformation to establish a new operating model aligned with Ansaldo Energia's long-term growth strategy. After evaluating multiple leading supply chain planning platforms, the company selected Maestro for its ability to provide end-to-end visibility, synchronize operations across its global supply chain and establish the foundation for AI-powered operational orchestration.

"The global demand for power generation is accelerating rapidly, creating new opportunities while increasing the complexity of our operations," said Lorenzo M. A. Ferrari, Supply Chain & Planning Director at Ansaldo Energia. "We needed a planning platform that could give us complete visibility across our operations. After evaluating the leading solutions on the market, Kinaxis distinguished itself through its ability to connect planning across the business in real time, giving us the agility to stay ahead of disruption, keep critical projects on schedule and consistently deliver on the commitments our customers count on."

Manufacturing large-scale power generation equipment requires precision at every stage of the supply chain. With long production cycles, globally sourced, high-value components, and complex manufacturing programs, companies must carefully manage some of the industry's most expensive inventory. Even a small delay in sourcing or production can have significant operational and financial consequences, putting customer commitments, project timelines and millions of dollars in revenue at risk.

"The companies building tomorrow's energy infrastructure can't afford disconnected planning," said Mark Morgan, President, Global Commercial Operations at Kinaxis. "As supply chains become more complex and demand continues to accelerate, organizations need the ability to understand the impact of change instantly, make confident decisions and orchestrate action across their operations. That's exactly what Kinaxis delivers and we're incredibly proud to help Ansaldo Energia create a more connected, agile and resilient supply chain for the future."

Led by Kinaxis partner PwC, the implementation will help Ansaldo Energia improve execution, strengthen management of long lead-time materials and build a more agile, resilient supply chain as it joins a growing number of global industrial manufacturers using Maestro.

To learn more about Kinaxis and its industry-leading supply chain planning and orchestration platform visit www.kinaxis.com.

About Kinaxis

Kinaxis is a leader in modern supply chain planning and orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

Source: Kinaxis Inc.

 

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Media Relations

Erin Boyle | Kinaxis

eboyle@kinaxis.com

+1 519-574-4065

Investor Relations

Victoria Hyde-Dunn | Kinaxis

vhyde-dunn@kinaxis.com

 

Born in Riyadh. Sold Out in Paris. stc and EWC a Winning Partnership.

 

• stc group was the Founding and Elite Partner of the Esports World Cup for the third consecutive year.
• EWC 2026, the largest edition of the tournament to date, brought together more than 2,000 players and 200 clubs from over 100 countries, competing across 25 tournaments and 24 game titles.

stc group, a leading digital enabler, concluded its third consecutive year as a Founding and Elite Partner of the Esports World Cup (EWC), supporting the tournament as it staged its first edition outside Saudi Arabia in Paris. The largest EWC to date brought together more than 2,000 professional players and 200 clubs from over 100 countries, competing across 25 tournaments and 24 game titles for a prize pool exceeding $75 million.

The move to Paris marked a new chapter for a tournament launched in Riyadh in 2024, reflecting growing international reach and the increasing profile of esports. stc’s continued partnership through that expansion reflects a broader commitment to the gaming ecosystem, supporting professional competition, amateur players, broadcast access, and the digital infrastructure behind esports events.

Throughout EWC 2026, stc maintained a prominent presence across the competition. The stc Arena hosted VALORANT, League of Legends, Counter-Strike 2, Rocket League, EA FC 26, Overwatch 2 and Call of Duty: Black Ops 7, alongside the stc Player’s Lounge and stc Contenders.

The partnership also created opportunities beyond the professional circuit. Through the Warriors Cup, more than 10,000 amateur players competed in over 200 tournaments across 16 games, giving emerging talent a pathway to participate in organized competition.

stc also extended the tournament to audiences beyond the venues through a dedicated EWC channel on stc tv. Launched on July 5, the channel delivered 10 to 12 hours of daily coverage, including live matches, highlights and analysis, and recorded more than three million plays by August 23.

Strong demand followed EWC to its conclusion in Paris. Championship Sunday was moved to Accor Arena, one of the city’s largest indoor venues, providing additional capacity for fans and a high-profile finale to the tournament’s first edition outside Saudi Arabia.

The partnership has grown alongside EWC since its inaugural edition in Riyadh. In 2024, the tournament attracted more than 500 million viewers globally, while stc supported connectivity for more than 10,000 players with 99.9% network availability. A year later, EWC welcomed more than 2,000 professional players and three million on-site visitors, as stc increased its network coverage by over 20%.

stc’s contribution to gaming has also been recognized by the Communications, Space and Technology Commission, which has named the group a Platinum Gaming Operator for ten consecutive cycles.

Three years on, the partnership has evolved alongside EWC as it has grown from its Riyadh debut to an international stage. stc continues to support growth across connectivity, broadcasting and competition, helping expand how players and audiences participate in one of the world’s fastest-growing forms of entertainment.

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NIQ and The OpenAI Deployment Company Collaborate to Bring Consumer Intelligence into Enterprise Workflows

 CHICAGO - Tuesday, 25. August 2026 AETOSWire  

Collaboration advances NIQ’s existing AI-native product strategy, enabling clients to activate NIQ intelligence through purpose-built AI applications and their own AI environments

(BUSINESS WIRE) -- NielsenIQ (NYSE: NIQ), a leading consumer intelligence company, today announced a collaboration with The OpenAI Deployment Company (“DeployCo”) to further extend its AI suite of products in the NIQ Optiq Suite, including NIQ Optiq Chat, Optiq Mobile, and Optiq Bridge. The collaboration builds on the AI-native growth and product momentum NIQ reported in its Q2 results and will help NIQ extend and deliver its proprietary intelligence directly into the enterprise systems and workflows clients use every day.

AI is rearchitecting decision-making across commerce, reshaping how companies analyze markets, make decisions and execute work. But model capabilities alone are not enough. Business outcomes depend on the quality of the data, harmonization, semantic context and domain intelligence behind those systems. Through its work with DeployCo, NIQ is advancing how AI-ready intelligence can be accessed, applied and embedded across enterprise workflows.

“We expect this work to help us build faster and more efficiently, but that isn’t the main prize,” said Troy Treangen, Chief Product & AI Officer, NIQ. “The bigger opportunity is helping clients get more value from NIQ intelligence and creating new ways for them to use it. When NIQ intelligence can move into more applications, systems and workflows, we expand both the value we deliver to clients and the near-term revenue opportunities for NIQ.”

NIQ Optiq Chat is the company’s next-generation AI insights agent and workflow experience, helping users ask business questions, uncover relevant insights and act on recommendations grounded in NIQ’s data, analytical capabilities and deep understanding of consumer behavior. An expanded version is scheduled for release in early September.

Also scheduled to launch in early September, NIQ Optiq Bridge provides a governed and flexible way for organizations to bring NIQ data, models and generative AI capabilities into their own platforms, applications and AI environments. Together, the products advance two connected elements of NIQ’s AI strategy: Optiq delivers AI Applications for Smarter Outcomes directly to users, while Bridge makes NIQ’s intelligence available within clients’ existing technology environments.

This work also builds on NIQ’s recently announced ConnectAI Charter Program. Optiq Bridge provides a governed product layer for clients to access NIQ intelligence within their own AI environments; ConnectAI combines that technology access with dedicated NIQ forward-deployed engineering and data science support to build and scale AI-enabled decision workflows inside clients’ businesses.

“Fragmented AI creates fragmented decisions,” said Irina Stoian, Chief AI Commercial Officer, NIQ. “We’re building the opposite: one trusted intelligence foundation that can work across applications, agents and enterprise environments. AI-ready data is the foundation. NIQ Optiq is how it thinks. ConnectAI is how we build with clients to turn that intelligence into action.”

“We’re excited to work with NIQ as it expands its portfolio of AI products grounded in deep consumer and commerce expertise,” said Adena Hefets, interim CEO, The OpenAI Deployment Company. “By bringing together DeployCo’s capabilities and NIQ’s domain intelligence, we can help create practical enterprise experiences that make it easier for teams to apply AI in real business workflows.”

The collaboration supports NIQ’s broader purpose of fueling the future of trusted AI by combining proprietary data, semantic intelligence, analytical models and flexible delivery capabilities. NIQ’s AI-ready data foundation includes a 160-petabyte data engine spanning approximately 260 million product items and 10.5 billion product attributes. The work builds on NIQ’s investments in AI-ready infrastructure and its work to help brands and retailers turn increasingly complex data into faster, more confident business decisions.

To learn more about NIQ Optiq Suite, including the recent release of Optiq Mobile now available in the US on the Apple App Store, visit Agentic Commerce at NIQ.

FAQs

What did NIQ and DeployCo announce?

NIQ and DeployCo announced a collaboration to extend and deepen NIQ’s AI product capabilities. The collaboration is focused on helping NIQ deliver its consumer intelligence through AI-powered applications and within the enterprise technology environments its clients already use.

What is NIQ Optiq?

NIQ Optiq is NIQ’s next generation AI insights agent and workflow experience. Available through the Discover Platform and, in the U.S., on mobile through the Apple App Store, it is designed to help users move more quickly from a business question to relevant insights, recommendations and action using NIQ data and analytical capabilities.

What is NIQ Optiq Bridge?

NIQ Optiq Bridge is a governed delivery capability that enables organizations to use NIQ data and generative AI capabilities within their own platforms, applications and AI workflows. It is designed to make NIQ intelligence accessible without requiring clients to move their work into a separate environment.

How will NIQ clients benefit?

The collaboration is intended to help clients access NIQ intelligence more quickly, interact with complex information more naturally and use NIQ capabilities within the tools and workflows where they already make business decisions.

Does the cooperation make NIQ data publicly available through ChatGPT?

No. NIQ’s proprietary data remains governed and available only through authorized NIQ products, client agreements, permissions and applicable security controls. This collaboration does not make NIQ data available to the public through ChatGPT or change NIQ’s existing access requirements.

How does the collaboration fit within NIQ’s broader AI strategy?

The collaboration advances two connected elements of NIQ’s AI strategy. NIQ Optiq supports AI Applications for Smarter Outcomes by delivering purpose-built intelligence directly to users. NIQ Optiq Bridge supports IP that Fuels AI by enabling clients to use NIQ data, models and analytical capabilities within their own environments. ConnectAI complements those capabilities by pairing technology access with dedicated forward-deployed engineering and data science support to help clients build and scale AI-enabled workflows.

Together, the products support NIQ’s goal of delivering intelligence at the point of decision and meeting clients wherever their AI workflows live.

When will the new NIQ Optiq and NIQ Optiq Bridge capabilities be available?

Expanded versions of NIQ Optiq Chat and NIQ Optiq Bridge are scheduled for release in early September. NIQ will announce specific capabilities, availability and market rollout details as development progresses.

About NIQ

NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.

With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.

For more information, please visit www.niq.com.

© 2026 Nielsen Consumer LLC. All Rights Reserved.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated capabilities and benefits of ConnectAI Charter Program Clients, the expected benefits of AI-enabled enterprise workflows, and the future adoption of AI-native operating models. Forward-looking statements can be identified by words such as "anticipate," "expect," "intend," "plan," "believe," "designed to," "explore," "future," "accelerate," "will," "should," "may," and similar references to future events or performance. These statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that are difficult to predict and many of which are outside our control, including changes in consumer preferences, economic conditions, technological developments, competitive dynamics, and our ability to develop, deliver and monetize new products and solutions. Actual results may differ materially from those expressed or implied. Additional information on these and other risks is contained in the "Risk Factors" section of our most recent Annual Report on Form 10-K and our subsequent filings with the U.S. Securities and Exchange Commission, available at www.sec.gov. Forward-looking statements speak only as of the date of this release, and we undertake no obligation to update them except as required by law.

All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

#NIQ-General

 

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Media Contact

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Fasset Hits $1B Valuation as SBI Group Leads $68M Series C to Scale AI-Powered Stablecoin Neobanking

 Round led by SBI Group follows $51 million Series B raise in May 2026, marking ascent as one of the fastest-growing neobanking platforms.

Capital will expand Own Network and deepen AI across stablecoin settlement, tokenization, and corridor banking.

Fasset now processes more than $40 billion in annualized transaction volume, serving 3 million+ wallets and more than 1,000 enterprises across 125 countries.

 

 

(BUSINESS WIRE)--Fasset, the AI-powered stablecoin neobanking platform, today announced it has raised $68 million in Series C funding at a $1 billion valuation. The financing was led by SBI Group and follows Fasset’s $51 million Series B earlier this year, which brought Speedinvest onto the cap table alongside a group of strategic investors.

The new capital will support the expansion of Own Network, Fasset’s regulated financial network that connects banks, telcos, payment and liquidity providers to enable settlement across international markets. Fasset will also increase investment in agentic AI-enabled systems supporting corridor banking, stablecoin settlement and tokenized asset infrastructure.

After raising Series B in May, Fasset has now raised a total of $119 million in 2026. The financing marks Fasset’s entry into the global fintech unicorn category.

"Fasset's vision of a world in which money moves across borders as easily as information does point in the same direction as the on-chain economic zone that the SBI Group seeks to realize through digital finance. Fasset has already built a strong business foundation and a robust regulatory framework in a number of emerging markets with significant long-term growth potential. It was therefore in the conviction that Fasset can serve as an important financial bridge connecting Japan with high-growth markets around the world that we decided to lead this round. Within the SBI Group's "SBI APAC Digital Economic Zone" concept as well, an international remittance and settlement infrastructure built on stablecoins is a core component. Together with Fasset, we will advance the development of the next generation of on-chain financial systems, extending from the Asia-Pacific region to the Middle East and Africa." said Yoshitaka Kitao, Representative Director, Chairman, President & CEO, SBI Holdings, Inc.

The investment expands Fasset’s relationship with SBI Group, one of Japan’s leading comprehensive financial groups, spanning banking, securities, asset management, and private equity, with investments in companies including Ripple, Circle, and Morpho, and in group companies including B2C2.

“The next phase is about any-to-any banking. Any person to any person. Any asset to any asset. Any rail to any rail, anywhere. We built Fasset to address a simple problem: access to financial opportunity still depends too heavily on where someone lives and the financial system available to them,” said Mohammad Raafi Hossain, Co-Founder and CEO of Fasset. “The banking system is broken. It’s not enough to build another financial front on current rails. We are investing deeper into the stack, from licenses in emerging markets to enabling agentic payments, to rebuild the way we do banking from the ground up.”

“Having SBI Group lead this round speeds up our ability to serve the world by having access to the wider SBI financial ecosystem and their partners, including our previously announced partnership with SBI Remit, enabling us to leverage an extensive network that supports bank account remittances to approximately 200 countries.”

“Fasset is building the regulated infrastructure that helps people and businesses in growth markets access stablecoins, global assets and cross-border rails. That access is still too often shaped by geography. Raafi, Daniel and the team are changing that, and we are proud to have continued backing Fasset as it scales globally,” said Stefan Klestil, General Partner at Speedinvest.

Building a Financial System Around Ownership

Fasset provides financial access that allows customers to receive, hold, move, spend and invest across currencies, markets and asset classes.

Underpinning those products is Own Network, Fasset’s financial infrastructure connecting local banking systems, payment providers, financial institutions, telcos, liquidity providers, custody partners and settlement networks across more than 100 banking corridors.

Stablecoins are used within parts of the network as settlement infrastructure, allowing value to move between markets more efficiently where appropriate. Customers interact with Fasset through financial products and accounts rather than needing to manage the underlying settlement infrastructure themselves.

The company uses AI to improve how transactions are routed across payment rails, currencies, liquidity providers, and settlement methods, based on factors including cost, speed, and availability.

Fasset is built around a simple conviction: where someone is born should not determine the quality of money they can hold, the markets they can access or the assets they can own. The company is not building another interface on top of the existing financial system. It is building the infrastructure intended to replace it.

Scaling Global Infrastructure: $40B Annualized Volume

Fasset now processes more than $40 billion in annualized transaction volume, serving more than 3 million wallets across 125 countries and over 1,000 enterprises globally.

Its consumer, business and institutional products are supported by a regulatory footprint across the GCC, Asia, Europe and other international markets.

The Series C will support Fasset’s continued development as a global, AI-powered stablecoin neobanking platform, combining regulated local infrastructure, modern settlement technology and access to global assets through a single financial account.

About Fasset

Fasset is an AI-powered stablecoin neobanking platform building a global financial system around ownership. Its financial account enables individuals, businesses and institutions to receive, hold, move, spend and invest across currencies, markets and asset classes from one place.

Founded in 2019 by Mohammad Raafi Hossain and Daniel Ahmed, Fasset has raised more than $150 million in funding and serves customers across more than 125 countries and operates through regulated entities and partnerships across the GCC, Asia, Europe and other international markets.

Fasset is powered by Own Network, its regulated financial infrastructure connecting banking, payments, liquidity, custody and settlement across markets. The company is building toward a financial system where access to stable money, global markets and ownership is no longer determined by geography.

 

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ORZEYFUL (oveporexton) Approved in Japan as the First and Only Medicine to Treat the Underlying Cause of Narcolepsy Type 1

 OSAKA, Japan & CAMBRIDGE, Mass. - Monday, 24. August 2026 AETOSWire Print 

Discovered by Takeda in Japan, ORZEYFUL has the Potential to Redefine Care Beyond Individual Symptom Management for Adults Living with Narcolepsy Type 1 (NT1)

Landmark Phase 3 Studies Demonstrated Significant and Meaningful Improvements Across the Full Range of NT1 Symptoms Evaluated in Clinical Trials Compared to Placebo

Milestone Marks Third Major Regulatory Approval Secured for ORZEYFUL Around the World

 

 

(BUSINESS WIRE) -- Takeda (TOKYO:4502/NYSE:TAK) announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) approved the use of ORZEYFUL (oveporexton) for the treatment of narcolepsy type 1 (NT1, narcolepsy with cataplexy) in adults. ORZEYFUL is a first-in-class oral orexin receptor 2 (OX2R) agonist and the only medicine indicated in Japan to treat the disease holistically rather than individual symptoms. The discovery of this new class of medicine originated in Takeda's laboratories in Japan. Takeda is proceeding with launch preparations and expects to make ORZEYFUL available as quickly as possible.

“Our discovery of the first orexin agonist is a successful representation of Japan-originated science that will directly impact people around the world living with narcolepsy type 1,” said Julie Kim, president and chief executive officer of Takeda. “With the potential to redefine narcolepsy type 1 care, ORZEYFUL is the first validation of our broader orexin strategy, demonstrating how scientific innovation can create new possibilities for patients and drive future growth for Takeda”

NT1 is a chronic, rare neurological disease driven by orexin deficiency. People experience a range of daytime and nighttime symptoms including excessive daytime sleepiness, cataplexy (sudden loss of muscle tone), disrupted nighttime sleep, sleep paralysis, hallucinations and cognitive symptoms. The persistent, 24-nature of the disease can severely impact many aspects of a person’s life, including work, education and social interactions. Despite the substantial disease impact, limited awareness and the complexity of symptoms can contribute to misdiagnoses and an average diagnostic delay of more than 10 years.

“NT1 is a condition that can have a significant impact on patients’ lives around the clock. Historically, treatment has primarily focused on managing individual symptoms. In recent years, advances in our understanding of the underlying pathophysiology of narcolepsy have led to the development of new therapeutic approaches,” said Yuichi Inoue, professor, Department of Somnology, Tokyo Medical University. “I look forward to seeing a broader range of treatment options become available, helping physicians tailor treatment to the needs of each individual patient.”

The approval is based on a comprehensive clinical program including the global Phase 3 FirstLight (TAK-861-3001) and RadiantLight (TAK-861-3002) studies that showed oveporexton offers statistically significant improvements across the full range of NT1 symptoms assessed. These included improvements in excessive daytime sleepiness, cataplexy and other secondary measures evaluated in the studies. Oveporexton was generally well-tolerated with a safety profile consistent across clinical studies to date. The most common adverse events were trouble sleeping (insomnia), urinary urgency, urinary frequency and excessive saliva. Learn more about the Phase 3 data results here.

“We credit our scientists in Japan who worked tirelessly to successfully discover a way to target the underlying orexin deficiency associated with narcolepsy type 1, a scientific feat that had never been achieved before,” said Asuka Miyabashira, president, Japan Pharma Business Unit at Takeda. “It’s exciting for a biopharmaceutical company to discover, develop and commercialize an asset internally, and we are proud to have worked with our colleagues, healthcare providers and patient community to bring this new class of treatment to adults living with narcolepsy type 1 in Japan.”

The MHLW approval marks the third approval of ORZEYFUL around the world. ORZEYFUL is also approved for the treatment of NT1 in China as well as the United States (U.S.) where the controlled substance classification for ORZEYFUL is currently under review by the U.S. Drug Enforcement Administration (DEA).

About ORZEYFUL (Oveporexton)

ORZEYFUL (oveporexton) is an oral orexin receptor 2 (OX2R) agonist, which selectively stimulates the OX2R to restore signaling and address the underlying orexin deficiency associated with narcolepsy type 1 (NT1). By activating OX2Rs, ORZEYFUL promotes wakefulness and reduces abnormal rapid eye movement (REM)-sleep like phenomena, including cataplexy (sudden and temporary loss of muscle tone), to address a range of daytime and nighttime symptoms as evaluated in clinical studies and consistent with the approved label.

About Takeda’s Orexin Franchise

Takeda is the leader in orexin science with a tailored portfolio of investigational orexin agonists in pre-clinical and clinical stages for multiple-sleep wake disorders and other indications where orexin plays a role including respiration, mood and metabolism. Oveporexton is the lead orexin receptor 2 (OX2R) agonist in Takeda’s orexin franchise and has been approved by regulatory bodies in China for the treatment of narcolepsy type 1 (NT1) in adolescents aged 16 and older and adults as well as in the United States and Japan for adults with NT1. The company is also investigating other oral orexin agonists, including TAK-360 for the treatment of NT1, narcolepsy type 2 (NT2) and idiopathic hypersomnia (IH), as well as TAK-495.

About Takeda

Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.

ORZEYFUL (oveporexton) Product Overview in Japan

Product Name:

Orzeyful Tablet 0.5mg, 1mg, 2mg

Generic Name:

Oveporexton

Indications and Effects:

Narcolepsy Type 1

Dosage and administration:

The usual adult dosage of Oveporexton is 1mg administered orally two times daily. The first dose should be taken upon awakening and the second dose 3 to 5 hours later. The dose may be increased to 2 mg oral administration two times daily only when it is well tolerated and sufficient efficacy is not observed.

Important Notice

For the purposes of this notice, “press release” means this document, any oral presentation, any question-and-answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

Forward-Looking Statements

This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects”, “forecasts”, “outlook” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States and with respect to international trade relations; competitive pressures and developments; changes to applicable laws and regulations, including tax, tariff and other trade-related rules; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic; the success of our environmental sustainability efforts, in enabling us to reduce our greenhouse gas emissions or meet our other environmental goals; the extent to which our efforts to increase efficiency, productivity or cost-savings, such as the integration of digital technologies, including artificial intelligence, in our business or other initiatives to restructure our operations will lead to the expected benefits; and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings-and-security-reports/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

 

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Investor Relations

Christopher O’Reilly

takeda.ir.contact@takeda.com

Media Relations

Tsuyoshi Tada (Tokyo)

Toiawase_kouhou@takeda.co.jp

Rachel Wallace (Boston)

Media_relations@takeda.com

PCI Energy Solutions to Join Mitsubishi Electric, Reinforcing Long-Term Commitment to Customers, Employees, and the Energy Industry

 NORMAN, Okla. 

Mitsubishi Electric to retain PCI’s core management team and support continuity of operations, customer service, and product innovation

 

(BUSINESS WIRE)--PCI Energy Solutions ("PCI"), a leading U.S.-based provider of enterprise software for energy management and optimization, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi Electric Corporation. The agreement was executed on August 20, 2026 (Japan Standard Time).

The Transaction represents a strong endorsement of PCI's business, technology, employees, customer relationships and position in the energy industry. Mitsubishi Electric intends to retain PCI's core management team following completion of the Transaction, enabling PCI to preserve leadership continuity, industry expertise and its customer-focused operating model while benefiting from Mitsubishi Electric's global scale, complementary capabilities and long-term investment capacity.

The agreement has been signed, but the Transaction has not yet closed. PCI and Mitsubishi Electric will continue to operate as separate companies until closing, which is subject to applicable regulatory approvals and the satisfaction or waiver of other customary closing conditions. The announcement does not create any immediate change to PCI's day-to-day operations, customer support channels, account relationships, active projects, product access, or existing service commitments.

"This transaction is a powerful validation of the company our employees have built and the trust our customers and partners placed in us for more than 30 years. Our customers rely on PCI for mission-critical operations, and continuity is at the center of how we will move forward. Mitsubishi Electric intends to retain our core management team and provide a long-term platform for PCI to continue growing and excelling. We will remain focused on delivering our commitments, advancing our product roadmap and supporting customers for the long term. With Mitsubishi Electric's scale and complementary capabilities, we see an opportunity to invest more deeply, innovate faster and extend the value we provide across a rapidly changing energy industry."

- Dr. Fred N. Lee,

Founder & CEO

PCI develops and provides enterprise software supporting power trading, generation operations, transmission and distribution workflows, supply-demand planning, risk management, settlement and energy-asset optimization. Its platforms help utilities, generators and other energy-market participants manage increasingly complex operational and commercial requirements.

Mitsubishi Electric identified Smart Energy as a key focus area in its New Medium-term Corporate Strategy announced on May 29, 2026. Through the proposed combination, Mitsubishi Electric expects to bring together PCI's forecasting, scheduling, market management, and optimization capabilities with Mitsubishi Electric's control technologies, system operations expertise, digital platforms, and global commercial reach.

"PCI has built an exceptional business with trusted technology, deep market expertise, strong customer relationships, and an experienced management team. We intend to retain PCI's core management team following closing and support the continuity that employees, customers, and partners value. Our objective is to build on PCI's strengths while creating additional capacity for long-term innovation and global growth, as we further strengthen our smart energy area in response to customer needs shifting from equipment-level energy savings toward the optimization of total energy use through integrated demand-side management and market-based power trading."

-Soichi Hamamoto,

Executive Officer (Associate)

Group President, Energy & Industrial Systems

Continuity for customers and partners

PCI will continue to focus on providing best-in-class software solutions to our customers and partners, supported by reliable service, strong customer support, and successful product delivery and implementations. Customers and partners should continue working with their existing PCI contacts. PCI remains committed to delivering the same high level of service, expertise, and support our customers and partners expect from us.

Mitsubishi Electric and PCI believe that preserving PCI's management continuity and domain expertise will support stable decision-making and consistent customer engagement during the transition. Over time, and following closing and appropriate planning, the combined capabilities may enable broader energy-management, optimization, digital and control solutions, as well as expanded access to global markets.

Continuity and opportunity for employees

PCI's employees will continue to be led by the current management team during the pre-closing period. Mitsubishi Electric's intention to retain PCI's core management team following closing reflects the importance of PCI's people, culture, market knowledge and operating capabilities to the strategic rationale for the Transaction. The signing of the agreement does not, by itself, change employee roles, reporting relationships, compensation or benefits.

PCI's leadership will communicate regularly with employees as the Transaction progresses and as plans are developed. The companies will continue to operate separately until closing, and integration planning and information sharing will be conducted through appropriate legal and governance processes.

Transaction timing

The Transaction is expected to close in 2026, subject to the receipt of applicable regulatory approvals and the satisfaction or waiver of customary closing conditions. Upon completion, PCI will become a wholly owned subsidiary of Mitsubishi Electric.

About PCI Energy Solutions

We empower energy companies to continuously optimize all aspects of energy production, trading, transportation, and consumption. We’re a tight-knit team of 350 diligent product experts, engineers, business analysts, and more, implementing software solutions in close partnership with energy companies from across the world — our customers literally keep the lights on. We’re based in Norman (Oklahoma) with offices in Mexico City (Mexico) and Lima (Peru). Learn more at pcienergysolutions.com.

About Mitsubishi Electric

Guided by its corporate philosophy, Mitsubishi Electric Corporation (TOKYO: 6503) places sustainability at the core of its operations and values stakeholder trust — encompassing society, customers, shareholders and employees. In pursuing profitability, capital efficiency and growth, Mitsubishi Electric works closely alongside customers to develop value-added solutions that address today’s complex challenges while enhancing the company’s sustainable corporate value.

Founded in 1921, Mitsubishi Electric has over a century of experience in delivering reliable, high-quality products and solutions. With over 200 group companies and approximately 150,000 employees worldwide, the company is a recognized global leader in manufacturing, marketing and selling electrical and electronic equipment and systems across a broad range of sectors, including public utility systems, energy systems, defense and space systems, factory automation systems, automotive equipment, building systems, air conditioning systems & home products, digital innovations, and semiconductor & devices. Mitsubishi Electric recorded consolidated revenue of 5,894.7 billion yen (U.S.$ 36.8 billion*) in the fiscal year that ended on March 31, 2026. For more information, please visit www.MitsubishiElectric.com.

*JPY 160=USD 1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2026

Forward-looking statements

This press release contains forward-looking statements regarding the proposed Transaction, including statements concerning the anticipated timing and completion of the Transaction; the intended retention of PCI's core management team; expected business continuity; potential strategic, commercial and product benefits; and future investment, innovation and growth opportunities. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results or events to differ materially. These risks include the possibility that required regulatory approvals may not be obtained or may be delayed, that other closing conditions may not be satisfied, that the Transaction may not be completed on the anticipated terms or timeline, and that expected benefits may not be realized. Neither PCI nor Mitsubishi Electric undertakes any obligation to update forward-looking statements except as required by applicable law.

 

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Shailesh Mishra | Chief Commercial Officer | shailesh@pcienergysolutions.com | 405-447-6933

Javier Martin | Chief Operating Officer | jmartin@pcienergysolutions.com | 405-447-6933

58% of Consumers Say They Don't Care Whether a Product is a National Brand or Private Label. They Just Buy What They Need

 New NIQ & World Data Lab report reveals how consumer polarization is redefining value, accelerating private label adoption, and reshaping competition on the shelf

(BUSINESS WIRE) -- As fast-moving consumer goods (FMCG) prices rose 26% globally between 2021 and 2025, consumers have become more deliberate about where they save and where they spend. NielsenIQ (NYSE: NIQ) has released new findings showing that private label is no longer viewed simply as a lower-cost substitute, but as a credible competitor across value, mainstream, and premium segments.

The findings, published in NIQ’s latest report, A Tale of Two Consumers: The Polarized Mindsets Reshaping Global Consumption, created in collaboration with World Data Lab, show how consumer polarization is redefining value and reshaping competition on the shelf. The report also draws on insights from NIQ's 2025 report Finding Harmony on the Shelf which documented changing perceptions of private label products.

Key findings from these reports include:

58% of consumers say they don't care whether a product is a national brand or private label—they simply buy what they need

67% of Gen Z consumers believe private-label products are just as good as national brands

68% of consumers view private-label products as a good alternative to national brands

69% of consumers believe private-label products offer good value for money

About one-third of price-constrained consumers will switch to lower-priced products or whichever brand is on promotion

For brands and retailers, the shift is significant: shoppers are becoming less loyal to traditional labels and more focused on which products best meet their needs, budget, and expectations in the moment.

The rise of private label is no longer just a trade-down story. Consumers increasingly view private label brands as legitimate value alternatives, premium alternatives, and in many cases equivalent substitutes for national brands.

“This is one of the most significant shifts happening in consumer goods today,” said Ramon Melgarejo, President of E-Commerce at NIQ. “Consumers are no longer evaluating products primarily based on who makes them. They are evaluating whether a product delivers the right mix of quality, value, convenience, and relevance. That has created a much more democratic and competitive shelf than we've seen historically.”

NIQ finds that today's consumers move fluidly between "upgrade" and "price-constrained" mindsets depending on the category, occasion, and perceived value equation. That behavior is creating new opportunities for retailers to grow private label offerings beyond traditional value tiers.

In some categories, private label helps consumers stretch household budgets. In others, retailers are using innovation, packaging, premium ingredients, and stronger product claims to position private label as a desirable upgrade rather than simply a lower-cost substitute. As a result, private label is increasingly competing across value, mainstream, and premium segments alike. To learn more, visit niq.com/tale-of-two-consumers.

FAQs

What is A Tale of Two Consumers?

A Tale of Two Consumers: The Polarized Mindsets Reshaping Global Consumption is a global research report from NielsenIQ and World Data Lab that examines how consumer polarization, spending power, and evolving purchasing behaviors are reshaping retail and consumer goods markets worldwide.

What is the main finding about private label products?

Private label products are increasingly viewed as credible alternatives to national brands across value, mainstream, and premium segments rather than simply lower-cost substitutes.

Why is private label gaining market share?

Consumers are becoming more value-conscious and less focused on brand ownership. Many shoppers now evaluate products based on quality, price, convenience, and relevance rather than whether a product is manufactured by a national brand or retailer.

What does the report reveal about consumer loyalty to brands?

The report finds that 58% of consumers say they do not care whether a product is a national brand or a private label product and instead choose products that best meet their immediate needs.

How does Gen Z view private label products?

67% of Gen Z consumers believe private label products are just as good as national brands, highlighting a significant shift in perceptions among younger shoppers.

Is private label growth only driven by lower prices?

No; while affordability remains important, retailers are increasingly using innovation, premium ingredients, packaging improvements, and differentiated product offerings to position private label products as premium choices.

What are consumers doing when budgets are under pressure?

Many consumers are adopting flexible shopping behaviors that include switching brands, buying products on promotion, trading down in some categories, and trading up in others depending on perceived value.

What does this mean for manufacturers and retailers?

Success increasingly depends on clearly demonstrating value. Both retailers and manufacturers must communicate quality, innovation, affordability, and differentiation in ways that resonate with increasingly selective shoppers.

About NIQ

NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.

With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.

For more information, please visit www.niq.com.

© 2026 Nielsen Consumer LLC. All Rights Reserved.

About World Data Lab

World Data Lab is a data science company delivering projections of where global spending power and consumer demand are heading. By combining authoritative demographic and economic data with a proprietary, peer-reviewed forecasting methodology, World Data Lab converts long-term population and spending shifts into a single, forward-looking view of the future consumer, helping organizations identify where growth will emerge before it does.

Modeling consumer trends and demographic change through 2050, World Data Lab covers 99.5% of the world's population across 190+ countries, 9,000+, and 200+ spending categories. Its core methodology, named by Nature among the 50 most influential papers of the decade, underpins both its enterprise platform, World Data Intelligence, and a suite of public tools including the World Poverty Clock.

For more information, visit worlddatalab.com.

Forward Looking Statement

This press release may contain forward-looking statements regarding anticipated consumer behaviors, market trends, and industry developments. These statements reflect current expectations and projections based on available data, historical patterns, and various assumptions. Words such as “expects,” “anticipates,” “projects,” “believes,” “forecasts,” and similar expressions are intended to identify such forward-looking statements.

These statements are not guarantees of future outcomes and are subject to inherent uncertainties, including changes in consumer preferences, economic conditions, technological advancements, and competitive dynamics. Actual results may differ materially from those expressed or implied in these statements. While we strive to base our insights on reliable data and sound methodologies, we undertake no obligation to update any forward-looking statements to reflect future events or circumstances, except to the extent required by applicable law.

#NIQ-General

 

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Perma-Pipe Secures More Than $67 Million in New Orders in the Second Quarter of 2026

 Awards include significant Oil & Gas projects in MENA and Canada, as well as the Company's largest single leak detection project to date and continued growth at its new Ohio facility.

 

(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), a global leader in engineered piping and corrosion protection solutions, today announced that the Company secured more than $67 million in new orders during the second quarter of fiscal 2026, representing strong demand across its strategically important end-markets and geographies. The orders further strengthen Perma-Pipe's backlog and provide increased visibility into future revenue growth. The Company's backlog remains well diversified across geographies, customers and end-markets.

The Company continued to see strong demand across its core Oil & Gas and infrastructure markets, while also securing important new business in emerging applications, including advanced leak detection and monitoring solutions.

During the quarter, Perma-Pipe secured sizable Oil & Gas awards in both MENA and Canada, reinforcing the Company's position as a trusted supplier to customers undertaking significant energy infrastructure investments. The Company also secured its largest single leak detection project to date, further demonstrating the growing demand for Perma-Pipe's engineered leak detection and monitoring solutions and expanding the Company's opportunities in this strategically important market.

In North America, the Company's new Ohio manufacturing facility continued to build a healthy backlog, supporting the Company's strategy of expanding domestic manufacturing capacity and positioning Perma-Pipe to serve growing demand for critical infrastructure and energy projects across the region.

Marc Huber, Senior Vice President, North America, said:

“The second quarter was another strong quarter for our North American business, with meaningful new awards in both Oil & Gas and infrastructure. Our Ohio facility is continuing to establish itself as an important manufacturing platform for the region, and we are encouraged by the level of customer activity and the quality of opportunities in our pipeline. The combination of a healthy backlog and continued demand gives us increasing confidence in the long-term growth prospects for North America.”

Adham Al Sharkawi, Senior Vice President, MENA, said:

“MENA continues to be one of the most dynamic markets for Perma-Pipe. We secured significant Oil & Gas awards during the quarter and, importantly, won our largest leak detection project in the region. This is a significant milestone for our MENA business and demonstrates that our capabilities extend well beyond our traditional markets. We continue to see substantial opportunities across Oil & Gas, LNG, district energy and critical infrastructure, supported by major investment programs throughout the region.”

Saleh Sagr, President and Chief Executive Officer of Perma-Pipe International Holdings, Inc., said:

“Our second quarter bookings of $67 million represent another important step forward in our growth strategy. We are seeing broad-based demand across our five structurally growing end-markets, with particularly strong momentum in Oil & Gas in MENA and Canada. The award of our first major leak detection project in MENA is also an important development as we expand into new applications and markets.

“Equally important, we are continuing to build a strong backlog at our new Ohio facility while our MENA operations are benefiting from significant investment across the region. Looking forward, we see a compelling pipeline of opportunities, particularly in MENA Oil & Gas and water security, where national investment programs and major energy infrastructure developments are creating what we believe can be a multi-year growth opportunity for Perma-Pipe.

“We remain focused on converting this strong market opportunity into profitable growth, while maintaining disciplined execution, operational excellence and financial performance. The momentum we are seeing across our businesses gives us confidence in our ability to deliver continued improvement in our results and create long-term value for our shareholders,” concluded Mr. Sagr.

About Perma-Pipe International Holdings, Inc.

Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is a global leader in engineered piping and corrosion protection solutions. The Company provides pre-insulated piping systems, leak detection systems, anti-corrosion coatings and related engineered products and services to customers across the energy, district energy, infrastructure, industrial, Oil & Gas, water transmission, and other critical infrastructure markets.

Perma-Pipe operates manufacturing and service facilities across North America, Middle East, North Africa, India and other strategic markets, enabling the Company to serve customers globally while providing local manufacturing and engineering capabilities.

For more information, visit www.permapipe.com.

Forward-Looking Statements

Certain statements and other information contained in this press release that can be identified by the use of forward-looking terminology constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby, including, without limitation, statements regarding the expected future performance and operations of the Company. These statements should be considered as subject to the many risks and uncertainties that exist in the Company's operations and business environment. Such risks and uncertainties include, but are not limited to, the following: (i) the impact of a health pandemic on the Company's results of operations, financial condition and cash flows; (ii) fluctuations in the price of oil and natural gas and its impact on the customer order volume for the Company's products; (iii) the Company's ability to comply with all covenants in its credit facilities; (iv) the Company’s ability to repay its debt and renew expiring international credit facilities; (v) the Company’s ability to effectively execute its strategic plan and achieve profitability and positive cash flows; (vi) the impact of global economic weakness and volatility; (vii) fluctuations in steel prices and the Company’s ability to offset increases in steel prices through price increases in its products; (viii) the timing of order receipt, execution, delivery and acceptance for the Company’s products; (ix) decreases in government spending on projects using the Company’s products, and challenges to the Company’s non-government customers’ liquidity and access to capital funds; (x) the Company’s ability to successfully negotiate progress-billing arrangements for its large contracts; (xi) aggressive pricing by existing competitors and the entrance of new competitors in the markets in which the Company operates; (xii) the Company’s ability to purchase raw materials at favorable prices and to maintain beneficial relationships with its suppliers; (xiii) the Company’s ability to manufacture products free of latent defects and to recover from suppliers who may provide defective materials to the Company; (xiv) reductions or cancellations of orders included in the Company’s backlog; (xv) the Company's ability to collect an account receivable related to a project in the Middle East; (xvi) risks and uncertainties related to the Company's international business operations; (xvii) the Company’s ability to attract and retain senior management and key personnel; (xviii) the Company’s ability to achieve the expected benefits of its growth initiatives; (xix) the Company’s ability to interpret changes in tax regulations and legislation; (xx) the Company's ability to use its net operating loss carryforwards; (xxi) reversals of previously recorded revenue and profits resulting from inaccurate estimates made in connection with the Company’s percentage-of-completion revenue recognition; (xxii) the Company’s failure to establish and maintain effective internal control over financial reporting; and (xxiii) the impact of cybersecurity threats on the Company’s information technology systems. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at https://www.sec.gov and under the Investor Center section of our website (http://investors.permapipe.com).

 

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Saleh Sagr, President and CEO

Perma-Pipe Investor Relations

847.929.1200

investor@permapipe.com

Packaging Redesigns See 4% Average Volume Lift, NIQ Finds

 CHICAGO - Thursday, 20. August 2026

Liquid I.V., Hostess, Back to Nature, and five other brands named 2026 NIQ Design Impact Award winners

(BUSINESS WIRE) -- NielsenIQ (NYSE: NIQ), a global leader in consumer intelligence, today named the winners of its ninth annual Design Impact Awards, recognizing eight package redesigns that combined stronger shopper experiences with measurable commercial performance. Across nearly a decade of NIQ Design Impact Award winners, recognized redesigns have been associated with an average volume increase of approximately 4%.

The 2026 NIQ Design Impact Award Winners*:

Aval French Cider (Parent Company: Aval Cider; Country: USA)

Liquid I.V. (Parent Company: Unilever; Country: USA)

Root & Splendor (Parent Company: Root & Splendor; Country: USA)

Hostess Cakes (Parent Company: The J.M. Smucker Company; Country: USA)

Back to Nature (Parent Company: Barilla Group; Country: USA)

John West Tuna Chunks (Parent Company: Thai Union; Country: UK)

Country Fresh Ice Cream (Parent Company: DairyMaid; Country: South Africa)

Rustica Pizza (Parent Company: McCain Foods; Country: USA)

"The Design Impact Awards reinforce the critical role packaging plays in influencing shopper decisions and driving business growth," said Andrea Fraboni, Vice President & Global Leader, Pack & Design Solutions, NIQ. "Packaging has seconds to do its job. The strongest redesigns make products easier to notice, understand and choose while preserving the distinctive brand cues consumers recognize. This year's winners demonstrate that packaging design isn’t simply aesthetic. When done well, it can be a meaningful driver of shopper engagement and business growth."

Following a review of submissions from around the world, NIQ's Pack & Design experts evaluated entries against key packaging principles and the role packaging plays throughout the shopper journey. NIQ's proprietary Retail Measurement Services (RMS) data was used to identify brands that achieved measurable sales growth following the launch of their updated package designs.

While this year's winning redesigns spanned categories ranging from beverages and household products to frozen foods and snacks, they shared a common objective: making the shopper journey easier. Through stronger shelf visibility, clearer information hierarchy, simplified communication, and more distinctive branding, each redesign helped shoppers notice, understand and choose products with less effort.

NIQ's Pack & Design Solutions practice helps manufacturers identify, evaluate and optimize packaging that drives shopper engagement and business performance. By combining neuroscience-based methods, including Real System 1 (EEG) research, with behavioral and survey-based approaches, NIQ provides actionable insights that help brands validate packaging concepts and make more confident design decisions.

To learn more about the winning redesigns, the packaging principles behind their success, upcoming regional presentations, and NIQ's Pack & Design solutions, visit the NIQ Design Impact Awards webpage.

*All products and company names are trademarks of their respective holders. No affiliation or endorsement is expressed or implied.

About NIQ

NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.

With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.

For more information, please visit www.niq.com.

NIQ-General

© 2026 Nielsen Consumer LLC. All Rights Reserved.

 

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NETFORCE Accelerates Its U.S. Industrial Expansion as a New Intermediate-Force Market Takes Shape

  BALARUC, France - Thursday, 20. August 2026 AETOSWire  

Backed by two granted and active U.S. patents, a fully industrialized technology and commercial commitments spanning more than 50 countries, the French company is now seeking leading U.S. industrial and strategic partners to help shape the future of this emerging market.

 

(BUSINESS WIRE)--For the first time, major U.S. federal agencies are beginning to structure procurement around a new category of intermediate-force equipment, giving officers an additional option between verbal presence and higher levels of force. NETFORCE believes companies establishing themselves at this early stage will benefit from a significant first-mover advantage as this category expands nationwide. This is precisely the market NETFORCE anticipated years ago, having invested heavily in research, industrialization and international intellectual property well before the category attracted attention.

NETFORCE enters the U.S. market backed by two granted and active U.S. patents — US 11,236,973 B2 (granted 2022, protected through 2038) and US 12,222,193 B2 (granted 2025, protected through 2041). Together with the E-StunGlove® trademark, these assets form part of an international IP portfolio spanning 107 countries, securing NETFORCE's technological leadership across the world's leading security markets.

Unlike conventional conducted-energy devices designed primarily for physical intervention, the GIE – E-StunGlove® was built around a three-step doctrine — Engage, Deter, Act — to prevent escalation before intervention becomes necessary. The officer first engages verbally, maintaining natural hand movement; before any physical contact, the glove then deters by generating a visible electric arc and audible warning, creating an opportunity to de-escalate; only when intervention is unavoidable does the officer act, with the electrical pulse becoming part of a graduated, proportionate response. The platform also offers cut-resistant protection, operation through multiple layers of clothing, and scalable connected features such as body-camera activation and automated incident reporting.

NETFORCE has already signed commercial commitments covering more than 50 countries, with deployments to the corrections administrations of Morocco and Senegal, and authorization in Switzerland under a framework comparable to that applied to conducted-energy devices.

NETFORCE's ambition extends beyond exporting a French innovation: the Company is seeking U.S. industrial and strategic partners to support its North American development and, ultimately, establish domestic manufacturing. Beyond institutional markets, it also sees long-term potential in the U.S. civilian personal-protection sector, subject to applicable regulations.

“What is happening in the United States is a very powerful signal,” said Laurent Mollinari, Founder & CEO of NETFORCE. “We anticipated this evolution years ago. Today, we hold two granted and active U.S. patents, a fully industrialized technology developed in France, and commercial commitments covering more than 50 countries. Our American ambition now goes further than exporting a product — we want to build long-term partnerships with leading U.S. players to industrialize our technology here, while staying deeply rooted in France.”

About NETFORCE

NETFORCE is a French technology company specializing in next-generation intermediate-force solutions. It developed the GIE – E-StunGlove®, a patented conducted-energy glove entirely designed, developed and industrialized in France. Its IP strategy extends across 107 countries, including the United States, positioning NETFORCE among the pioneers of this emerging category.

Investors & Strategic Partnerships

As NETFORCE accelerates its international expansion, the Company has initiated a capital increase reserved for a limited number of investors to finance its industrial and commercial growth. NETFORCE welcomes discussions with leading U.S. industrial companies, technology innovators, institutional partners and qualified investors sharing its ambition for the next generation of intermediate-force solutions.

 

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Laurent Mollinari — Founder & CEO, NETFORCE

laurent.mollinari@netforce-defense.com

www.netforce-defense.com

 

Esri Expands World Imagery with Airbus High-Resolution Basemap Coverage for 2,000 Cities Worldwide

 REDLANDS, Calif. - Thursday, 20. August 2026 AETOSWire  

New Airbus Imagery Enhances World Imagery Basemap as Part of Broader Expansion Announced at 2026 Esri User Conference

Esri is enhancing its World Imagery basemap through new agreements with Airbus, Vantor, and Nearmap, announced during the 2026 Esri User Conference.

Airbus will begin delivering 30 cm basemap imagery for approximately 2,000 cities worldwide starting in the second half of 2026.

Airbus basemaps provide highly accurate, color-consistent, nearly cloud-free coverage designed to deliver fresher and more detailed urban imagery.

Additional enhancements include expanded metropolitan coverage from Nearmap and continued global basemap updates from Vantor.

 

(BUSINESS WIRE)--At the 2026 Esri User Conference (UC), the global leader in location intelligence announced a significant enhancement to its World Imagery basemap through a new agreement with Airbus. The collaboration will enable Esri to provide ArcGIS users with high-resolution imagery coverage for approximately 2,000 cities around the world through the addition of the new Airbus, Nearmap, and Vantor imagery. The added data is part of an enhanced imagery initiative for the World Imagery Basemap, the most widely used map service in ArcGIS, and was highlighted during this year’s Esri UC Plenary.

Beginning in the second half of 2026, Airbus will deliver 30 cm imagery designed to provide more current and detailed visual context for ArcGIS users worldwide. Airbus imagery is highly accurate, color-consistent, and provides nearly cloud-free coverage with minimized haze and seasonal variation between contiguous images.

As part of the broader World Imagery enhancement program announced at the 2026 UC, Esri also finalized agreements with Nearmap and Vantor. Nearmap’s 20 cm vertical imagery will be integrated and regularly updated across 200 metropolitan areas in the United States, Canada, Australia, and New Zealand, while Vantor will continue providing the global imagery foundation for World Imagery, including committed refreshes for hundreds of cities and upgrades to 15 cm imagery in select major urban areas.

“Airbus Defense and Space has been delivering accurate and consistent imagery for more than 35 years and we are excited to take this next step collaborating with them,” said Deane Kensok, chief technology officer for ArcGIS content at Esri. “The enhanced imagery Airbus brings to Esri’s collection of basemap data will better help to support the mapping and analysis workflows of organizations across government, commercial, nonprofit, and academic sectors."

To learn more about World Imagery and the latest enhancements to ArcGIS Living Atlas, visit livingatlas.arcgis.com and read What's New in World Imagery – July 2026.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in hundreds of thousands of organizations globally, including Fortune 500 companies, government agencies, nonprofit institutions, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial technology and analytics, Esri engineers the most innovative solutions that leverage a geographic approach to solving some of the world's most complex problems by placing them in the crucial context of location. Visit us at esri.com.

Copyright © 2026 Esri. All rights reserved. Esri, the Esri Globe logo, The Science of Where, ArcGIS, esri.com, and @esri.com are trademarks, service marks, or registered marks of Esri in the United States, the European Union, or certain other jurisdictions. Other companies and products or services mentioned herein may be trademarks, service marks, or registered marks of their respective mark owners.

 

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media.help@esri.com