Thursday, August 20, 2026

Mary Kay Accelerates Beauty Innovation and Digital Transformation

 


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Ryan Rogers, Chief Executive Officer of Mary Kay Inc. (Image Credit: Mary Kay Inc.)​


Celebrating Milestone Initiatives Positioning Mary Kay For Consumers Today and Tomorrow



DALLAS, Aug 20 (Bernama-BUSINESS WIRE) -- Mary Kay Inc. (“Mary Kay”), global iconic leader in beauty and entrepreneurship, announced today transformative business milestones, inviting the next generation to engage with a modernized Mary Kay.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260819989520/en/ 

Statement from Ryan Rogers, Chief Executive Officer of Mary Kay:

“We are re-defining the moment for Mary Kay. We are investing in technology and research to create seamless digital experiences while preserving the personal connections and sense of community that have always set Mary Kay apart. From the launch of Mary Kay My Shop to next-generation product innovation and purpose-driven impact, each milestone reflects the momentum behind our transformation. Building on more than 60 years of entrepreneurial legacy, we are reimagining how consumers engage with Mary Kay, meeting them wherever they connect, shop and share, while expanding opportunities for our Independent Beauty Consultants to thrive in a fast-moving digital world. Led by transformational leaders across the organization, Mary Kay is turning bold ambition into strategic growth, creating lasting value for generations of stakeholders.”

To learn more about the transformational leadership team, visit Mary Kay’s global website.

MARY KAY MY SHOP: TRANSFORMING HOW ONLINE SHOPPERS ACCESS THE BRAND EXPERIENCE
  • Mary Kay My Shop is a digital evolution that optimizes consumers' buying experiences to meet the needs of a digitally native generation who expect convenience, choice and seamless interactions. My Shop not only streamlines purchasing Mary Kay products directly online, it also makes it easy to connect with an Independent Beauty Consultant for personalized service.
  • My Shop is a cloud-first integrated platform that also equips Independent Beauty Consultants with new personalized online storefronts connected to Mary Kay’s e-commerce, payment, fulfillment and social media capabilities, allowing them to meet customers where they are, whether in person, online, or through social platforms. That flexibility is essential in today’s marketplace, where mobile commerce accounts for over 62% of beauty sales. To explore, visit the Mary Kay website.
  • Launched in the United States and Germany in 2025, My Shop expanded to Canada, Mexico and Spain in summer 2026 and is being progressively rolled out across global markets.
SMART, INCLUSIVE BEAUTY INNOVATION MEETING NEXT-GEN ROUTINES
  • Mary Kay is defining modern beauty with a portfolio designed for the way consumers live and get ready today. The Mary Kay lineup spans intelligent skin care, inclusive complexion innovation and makeup made for effortless self-expression and wellness solutions that complement any beauty routine, meeting next-gen consumers wherever they are in their beauty journey and daily lives.
  • Skin care first: Mary Kay Clinical Solutions® Barrier Restore 1:1:3 uses a patented ratio of fatty acids, ceramides and cholesterol to support the skin barrier, while Mary Kay® Hydrating Cream Mask offers no-rinse moisture on the go. TimeWise® 3D Foundation delivers a true-to-you match performance in 36 skin tone-true shades and skin-first performance.
  • An iconic eye duo: From bold definition to effortless removal, Lash Love Fanorama® Define+Lift Mascara and Mary Kay® Oil-Free Eye Makeup Remover help beauty lovers create, express, and easily refresh any look.
  • Responsible product packaging and ingredient sourcing: Mary Kay is reducing plastic intensity, increasing recycled content and advancing recycle-ready packaging, including a TimeWise® Targeted-Action® Toning Lotion bottle with 94% post-consumer recycled. Mary Kay also supports responsible Shea and Palm oil sourcing through the Global Shea Alliance and the Roundtable on Sustainable Palm Oil. Explore Mary Kay’s 2026 Sustainability Report here.
  • Beauty Tech: To personalize product recommendations and enhance customer experience, Mary Kay’s AI-powered Foundation Finder uses advanced artificial intelligence to scan a customer’s face on their mobile phone and provide personalized foundation shade recommendations in just seconds with precise detection of 151 facial feature points.
  • Available around the world, Mary Kay’s Foundation Finder has already garnered top-tier recognition.
MARY KAY GLOBAL SOCIAL SQUAD: ACTIVATING A GLOBAL COMMUNITY OF EMERGING SOCIAL CREATORS
  • Launched in March 2026, the Mary Kay Global Social Squad is a strategic pilot empowering a new generation of digital storytellers and strengthening connections with beauty lovers worldwide.
  • The program empowers Independent Beauty Consultants to become authentic social creators, sharing product education, beauty inspiration and the latest beauty trends through relevant, high-quality content. The inaugural pilot brings together more than 70 creators in 15 markets across four regions: North America, Asia Pacific, Latin America, and Europe.
  • By investing in creator education and community, Mary Kay is building a social-first network that expands brand and product discovery, bringing Mary Kay closer to consumers around the world.
ENTREPRENEURIAL RENAISSANCE
  • Appealing to Next-Gen Entrepreneurs: Built on Mary Kay Ash’s belief in the power of women supporting women, Mary Kay connects consumers and entrepreneurs who want to grow, give back and be part of something bigger than themselves. Purpose-driven and blending digital and personal connection, the Mary Kay business opportunity aligns with Gen Z’s entrepreneurial ambitions, tech fluency and strong desire for community. Gen Z represented 9% of U.S. businesses started in 20251. More than half of Gen Z adults have seriously considered starting a business, highlighting a powerful appetite for flexible paths to entrepreneurship2.
  • Social First Events: Mary Kay continues to invest in iconic sales force events such as “Seminar” and “Leadership Conference” bringing the Mary Kay community together across markets to celebrate business achievements and strengthen meaningful connections. Events are also evolving into social-first, tech-enabled experiences built for beauty entrepreneurs. More than events, these are launchpads for the next generation, equipping independent sales force members with social media expertise, e-commerce education and smart digital tools to connect, grow and lead.
PURPOSE IN ACTION: PINK CHANGING LIVES®
  • A global beauty leader, Mary Kay fosters a vibrant community rooted in purpose, trust and belonging, resonating across generations and creating cultural relevance among the next generation.
  • That purpose extends into communities through Pink Changing Lives®, Mary Kay’s global social impact program, which since 2008 has contributed more than $230 million in monetary and in-kind support to enrich the lives of women and their families by advancing cancer research, supporting survivors of domestic violence and creating opportunities for economic empowerment worldwide.
TOP TIER GLOBAL BRAND RECOGNITION
  • Mary Kay was named the #1 Direct Selling Brand of Skin Care and Color Cosmetics in the World3 by Euromonitor International for four consecutive years (2023-2026).
  • Mary Kay ranked #2 on Forbes 2026 Best Customer Service list moving up from #93 in 20254. Mary Kay is the only Beauty brand in the Top 15 and the only direct-selling company in the Top 50.
  • Mary Kay ranked #8 out of 5,500 brands on Forbes’s 2026 Best Brands for Social Impact5 moving up from stellar #9 achieved in 2025. Mary Kay is the only beauty brand in the Top 15 and the only direct selling company on the list.
  • Mary Kay ranked #13 on Happi’s Top 50 U.S. Companies 2026 Report6.
DID YOU KNOW:
  • 63% of the Executive Team, 64% of Research and Development Scientists, 79% of the Global Brand and Global Creative Team, 63% of our Global Workforce, and 60% of Leadership Positions in Mary Kay’s Top 10 Markets are held by women7.

About Mary Kay

One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty brand in Texas in 1963 with one goal: to enrich women’s lives. That dream has blossomed into a global company with millions of independent sales force members in 40 markets. For over 60 years, the Mary Kay opportunity has empowered women to define their own futures through education, mentorship, advocacy, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in preserving our planet for future generations, protecting women impacted by cancer and domestic abuse, and encouraging youth to follow their dreams. Learn more at marykayglobal.com. Find us on Facebook, Instagram, and LinkedIn.
 
____________________
1For the First Time Ever, Gen Z Entrepreneurs Outnumber Baby Boomers in New Business Starts, According to New Report from Gusto
2The 2026 LendingTree study
3“Source Euromonitor International Limited; Beauty and Personal Care 2026 Edition, Value Sales at RSP, 2025 Data”
4Alan Schwarz (October 14, 2025). Forbes - Best Customer Service 2026. https://www.forbes.com/lists/best-customer-service/
5Alan Schwarz (March 17, 2026). Forbes - Best Brands For Social Impact 2026. https://www.forbes.com/lists/best-brands-social-impact/
6Happi’s Top 50 Report. https://www.happi.com/top-companies-reports/top-50-us-companies/
7Women Representation and Leadership at Mary Kay (May 2026).
 

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260819989520/en/

Contact

Mary Kay Inc. Corporate Communications
Newsroom.marykay.com
972.687.5332 or media@mkcorp.com

Source : Mary Kay Inc.

Thursday, August 6, 2026

Multiplier Raises $35 Million Series B to Build a New Model for Professional Services

Former Slack CFO Allen Shim joins as President and CFO as Multiplier expands its network of specialized accounting and professional-services firms

SINGAPORE, Aug 5 (Bernama-BUSINESS WIRE) -- Multiplier, a technology company that acquires premium professional-services firms and builds AI tools around how those firms work, today announced a $35 million Series B led by The General Partnership, with participation from Ribbit Capital and Lightspeed Venture Partners.

The company also announced that Allen Shim, the former Chief Financial Officer of Slack, has joined Multiplier as President and CFO. Shim helped take Slack public and remained with the company through its acquisition by Salesforce. At Multiplier, he will oversee finance, operations, partnerships, people, and help build out the company’s San Francisco office.

Multiplier acquires established professional-services firms with deep expertise in valuable niches and long-standing client relationships. The firms retain their names, leadership, and operating independence, while the professionals responsible for those client relationships share in the value they help create. Multiplier provides what no boutique firm can build alone: long-term capital, shared infrastructure and access to a global network. Its team of more than 30 technologists, recruited from leading software companies, works directly inside the firms to build AI tools around their daily operations.

Multiplier is structured as a permanent holding company rather than a traditional short-term acquisition vehicle. The company focuses on growing firms whose founders want to continue leading their businesses while gaining access to capital, technology, recruiting, operational support, and a broader network of expertise. Unlike companies that sell software to outside firms, Multiplier works directly with the people inside its firms to identify where AI can reduce manual work, expand capacity, and improve client service. Because Multiplier owns the firms where the technology is deployed, its teams have direct access to the workflows, data, professionals, and institutional trust required to build and implement tools around how the work is actually done. This approach addresses many of the adoption barriers that have historically limited software use in professional services.

“An AI’s answer is worth zero until a professional puts their name on it,” said Noah Pepper, founder and CEO of Multiplier. "We're not trying to remove experts from the work. We're giving firms AI muscle while keeping their human heart, providing them with better tools, more time for judgment, and the capacity to serve more clients without lowering the bar on quality or trust."

Professional-services firms have historically been difficult to scale because their growth depends on the time and availability of experienced practitioners. Many also operate with fragmented information spread across documents, financial statements and email. Recent advances in AI make it possible to automate more of that preparatory and administrative work while keeping professionals responsible for the final advice and client relationship. Multiplier’s aim is to expand the number of clients those professionals can serve, rather than reduce the number of professionals required to serve an existing client base.

“Accounting is a large, durable market that has long been constrained by expert capacity,” said Anthony Kline, Partner at The General Partnership. “Multiplier is not trying to replace the professionals clients trust. It is building technology into the firms themselves so those professionals can serve more clients, respond faster and spend more time on work that requires judgment. Noah has the operating experience and long-term approach needed to build this model at scale.”

Multiplier has acquired eight firms to date, including five in the past year, and has four additional firms under signed term sheets. Its network currently serves clients across more than 10 countries. Founders and leadership teams remain with their firms following an acquisition, and firms within the network have begun referring clients and opportunities to one another.

The new funding will be used to acquire additional firms and expand Multiplier’s technology and operating teams.

About Multiplier

Multiplier acquires specialized professional-services firms and builds technology around how their experts work. Firms retain their brands, leadership and client relationships while gaining long-term capital, shared infrastructure, operational support and custom AI tools. Multiplier was founded by Noah Pepper, a former Stripe executive who built and led the company’s Asia-Pacific business. For more information, visit multiplierholdings.com.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260804445816/en/ 

Contact

Media Contacts 

Multiplier
Ines Blanco
info@multiplierholdings.com

The General Partnership
Taylor Majewski
taylor@thegp.com 

Source : Multiplier 

--BERNAMA 

Kioxia Showcases Flash Storage Innovations for the AI Era at FMS 2026

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Kioxia Showcases Flash Storage Innovations for the AI Era at FMS 2026
 
TOKYO, Aug 4 (Bernama-BUSINESS WIRE) -- Kioxia group, a world leader in memory solutions, will demonstrate how its flash memory and SSD technologies, including the KIOXIA GP1 Series PCIe® 6.0 NVMe™ Super High IOPS SSDs, optimized for GPU direct access, are enabling the next generation of AI infrastructure at FMS: the Future of Memory and Storage, taking place August 4–6 in Santa Clara, California. Through a keynote presentation, executive panel discussions, technical sessions, and technology demonstrations, Kioxia will showcase the innovations driving the performance, scalability, and efficiency required for next-generation AI infrastructure.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20260803680678/en/
 
 
Featured at FMS 2026 are the recently announced KIOXIA CM10 Series PCIe® 6.0 enterprise SSDs and KIOXIA NX1 Series SSDs, both of which support direct liquid cooling. Designed for AI and modern data center environments, KIOXIA CM10 Series SSDs are the first enterprise drives built with BiCS FLASH™ generation 10 flash memory, and the KIOXIA NX1 Series represents a new generation of E1.S PCIe® 5.0 NVMe™ data center SSDs.

At FMS 2026, Kioxia will give a keynote presentation and various sessions covering a range of topics.

Keynote Presentation:
"Redefining Data Center Storage for the AI Era with Flash Memory and SSDs"
Monday, August 4 at 11:10 am
Venue: Mission City Ballroom, Santa Clara Convention Center, First Floor
Speakers: Neville Ichhaporia, Senior Vice President and General Manager of the SSD Business Unit for KIOXIA America, Inc., and Katsuki Matsudera, General Manager of the Memory Technical Marketing Managing Department for Kioxia Corporation.

NVIDIA Special Session:
"Balancing Memory and Storage to Operate AI Factories and Agents at Scale"
Thursday, August 6 at 11:00 am
Venue: Mission City Ballroom, Santa Clara Convention Center, First Floor
Speaker: Rory Bolt, Senior Fellow and Principal Architect of the SSD Business Unit for KIOXIA America Inc. 

Panel Discussion:
"Storage in Accelerator-Centric Architectures"
Wednesday, August 6 at 9:45 am
Venue: Ballroom G, Hyatt Regency Santa Clara, Lobby Floor
Speaker: Ilya Cherkasov, Principal Engineer, Enterprise Division, SSD for KIOXIA America, Inc.

KIOXIA Booth Exhibition
Product and technology demonstrations will be given on the show floor in the iconic 2-level Kioxia booth #307 - featuring ten separate exhibit locations – and include:
  • KIOXIA GP1 Series Super High IOPS SSDs — 10 million IOPS in 512-byte random read performance for near GPU Workloads
  • Liquid Cooled SSDs for AI — featuring KIOXIA NX1 Series Data Center NVMe™ SSDs
  • PCIe® 6.0 NVMe™ Enterprise SSDs — featuring KIOXIA CM10 Series Enterprise NVMe™ SSDs Context Memory Caching for Maximizing AI Inferencing — featuring KIOXIA CM9 Series Enterprise NVMe™ SSDs
  • High Capacity QLC Storage for Fast Retrieval of Large Datasets — featuring 245.76 TB KIOXIA LC9 Series NVMe™ SSDs
  • KIOXIA AiSAQ™ open source software: Improving Vector Databases Scalability for AI Inference
  • BiCS FLASH™ generation 10 Flash Memory - advanced scaling with CMOS directly Bonded to Array (CBA) technology, featuring 332 layers with enhanced lateral shrink
  • CXL™ Memory Module with XL-FLASH™ - Expanding the Memory Hierarchy with XL-FLASH™
  • New UFS 5.0 - AI-Ready, High Performance Memory Solutions
  • High-Capacity Package/Low Latency QLC Flash Memory — featuring a 32-die stack BGA package for AI applications
Related Links:
FMS 2026 Official Site
Storage Solutions Empowering AI 

Notes:
Definition of capacity: Kioxia Corporation defines a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes and a terabyte (TB) as 1,000,000,000,000 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 2^30 bytes = 1,073,741,824 bytes and 1TB = 2^40 bytes = 1,099,511,627,776 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, and/or pre-installed software applications, or media content. Actual formatted capacity may vary. 

NVMe is a registered or unregistered mark of NVM Express, Inc. in the United States and other countries. 

PCIe is a registered trademark of PCI-SIG.CXL and Compute Express Link are trademarks of the Compute Express Link Consortium, Inc.
Universal Flash Storage (UFS) is a product category for a class of embedded memory products built to the JEDEC UFS standard specification. Due to its serial interface, UFS supports full duplexing, which enables both concurrent reading and writing between the host processor and UFS device.
Other company names, product names and service names may be trademarks of third-party companies. 

About Kioxia
Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with “memory” by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems. 

*Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260803680678/en/ m

Contact 

Media Inquiries:
Kioxia Corporation
Promotion Management Division
Satoshi Shindo
Tel: +81-3-6478-2404 

Source : Kioxia Corporation 

--BERNAMA

Wednesday, August 5, 2026

MOOVE RAISES US$250 MLN TO SCALE AUTONOMOUS MOBILITY

KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)

The funding will support Moove’s expansion of its autonomous vehicle business, including fleet ownership, autonomous vehicle infrastructure and its robotics-focused depot facilities known as “Nests”, where autonomous fleets are charged, serviced, maintained and managed.

The company also plans to expand into new markets and increase its autonomous vehicle workforce from about 150 employees to 500 by the end of the year.

Moove Co-Founder, Co-Chief Executive Officer and Advisory Board Chairman, Ladi Delano said the company is building the infrastructure needed to support autonomous mobility at scale.

“Autonomy requires fleets, charging, maintenance, data systems and 24/7 operations in every city — and that is what Moove is building,” he said in a statement.

Moove said scaling autonomous mobility requires more than vehicle technology, including access to capital, fleet operations, charging infrastructure, maintenance capabilities and operational systems. The company is building an infrastructure layer designed to support the deployment and management of autonomous transportation networks.

Since its founding in 2020, Moove has developed a mobility operations platform for human-driven ride-hailing services and now operates about 42,000 vehicles across 29 cities in 13 countries. It employs 3,300 people globally and has grown to US$420 million in annual recurring revenue (ARR) through organic expansion and acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan.

Moove is extending its fleet management and operational expertise into autonomous mobility, where it operates autonomous vehicle fleets through its partnership with Waymo in Phoenix and Miami, with future operations planned in London.

The company said it is applying its experience in fleet orchestration, operations, servicing, charging and logistics to support the deployment of next-generation autonomous vehicle systems.

-- BERNAMA

Sunday, August 2, 2026

Shinhan Bank Selects StoneX Payments as Strategic Cross-Border Payments Partner

Partnership Delivers Institutional-Grade FX Execution and Pay-Outs Across 140 currencies, and Enhances Emerging-Market Access for South Korea's Second-Largest Bank

SINGAPORE, July 31 (Bernama-GLOBE NEWSWIRE) -- StoneX Group Inc. (“StoneX”; NASDAQ: SNEX) today announced that its Payments Division (“StoneX Payments”) has entered a strategic partnership with Shinhan Bank, one of South Korea’s oldest and most systemically significant financial institutions. Under the agreement, Shinhan Bank will integrate with StoneX Payments’ streamlined solution to offer its clients comprehensive cross-border payment and foreign exchange services combining institutional-grade execution, deep emerging-market expertise, and transparent, competitive pricing across more than 140 currencies and 180 countries.

With approximately 29 million customers and a global franchise spanning retail, corporate, and institutional banking, Shinhan Bank is a cornerstone of South Korea’s financial system. The partnership grants Shinhan access to StoneX Payments’ proprietary platform and network of more than 385 banks worldwide, purpose-built for high-volume, high-complexity cross-border flows. Unlike conventional consumer remittance solutions, StoneX Payments delivers the full breadth of an institutional payment infrastructure spanning FX, local currency settlement, last-mile delivery in frontier markets, and real-time transaction transparency embedded seamlessly within Shinhan’s existing banking environment.

The collaboration builds on StoneX’s growing footprint in South Korea and the broader Asia-Pacific region, where demand for efficient access to Latin American, Middle Eastern, and African payment corridors is accelerating. Shinhan Bank’s clients, including global importers & exporters, multinational corporations, and non-profit organization, will benefit from reduced transaction costs, faster settlement times, and access to thinly traded currency corridors that have historically required multiple intermediaries to navigate.

“StoneX Payments offers something genuinely different: the depth of a comprehensive and time-tested global infrastructure combined with the technology and agility our clients’ demand,” a senior Shinhan Bank spokesperson stated. “This partnership positions Shinhan Bank at the forefront of next-generation cross-border financial services, enabling us to serve our customers wherever they operate in the world — including markets where access has previously been unreliable or cost-prohibitive,”

“It is an honour to celebrate our 20th year of StoneX in Asia with this pivotal partnership,” said Thiago Vieira, Global Head of StoneX Payments. “Shinhan Bank is a landmark institution, and this new venture reflects our steadfast commitment to Asia as a strategic growth market. Our platform was built for exactly this: providing major financial institutions with an institutional-grade payments infrastructure they can trust with their most complex international payment flows. As we execute our Asia expansion strategy, powering Shinhan's global ambitions is precisely the kind of partnership that demonstrates what StoneX Payments offers to the world's leading banks.”

The partnership is effective immediately. Full integration is expected to be completed in phases, with Shinhan Bank customers gaining access to an expanding suite of StoneX Payments capabilities and currencies over the coming months.

About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service, and deep expertise. The company strives to be its clients' trusted partner, providing its network, products, and services to help them pursue business opportunities, manage market risks, make informed investment decisions, and improve their business performance.

A Fortune 50 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its more than 5,400+ employees serve over 80,000+ commercial, institutional, and payments clients, as well as more than 260,000 retail accounts, across more than 80 offices on six continents. Further information is available at www.stonex.com.

Media inquiries:
Dana Grosser
Global Head of Corporate Communications
media@stonex.com
+1 (646) 984-1967

SNEX-G

SOURCE: StoneX Group Inc.

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Thursday, July 30, 2026

Chery Auto Expands Global LEPAS NEV Lineup

KUALA LUMPUR, July 29 (Bernama) -- Chery Auto, a global automotive manufacturer, has announced that its mid-to-premium new energy vehicle (NEV) brand, LEPAS, is advancing its global market expansion with a comprehensive NEV lineup comprising the LEPAS L4 EV, LEPAS L6 EV and LEPAS L8 PHEV.


The lineup showcases LEPAS’ focus on elegant mobility through a combination of design, intelligent technologies and spacious interiors, addressing a range of mobility needs across global markets.


Chery Auto in a statement said the three models have entered the global launch phase and will be rolled out gradually across international markets as LEPAS continues to expand its presence worldwide.


The LEPAS L4 EV is designed for urban drivers seeking a more intelligent and effortless NEV experience, combining extended range capability, efficient performance and convenient charging solutions for both daily commuting and longer journeys.


Powered by a highly integrated 12-in-1 electric drive system, the L4 EV delivers smooth, quiet and efficient performance. It supports fast charging of more than 120 kilowatts (kW) and can charge from 30 per cent to 80 per cent in about 20 minutes when connected to a 200kW charging station.


Meanwhile, the LEPAS L6 EV, described as an Intelligent & Exquisite Life sport utility vehicle (SUV), features LEPAS’ signature "Leopard Aesthetics" design language and targets consumers seeking a more refined and sophisticated mobility experience.


The L6 EV combines an elegant and dynamic exterior with a minimalist interior design suited to a variety of lifestyles, including daily commuting, family travel, leisure outings and social occasions.


LEPAS said the L8 PHEV balances spacious comfort, intelligent technology, safety features and long driving range capability, delivering a refined mobility experience for global consumers.


Built on a 2,800-millimetre wheelbase, the LEPAS L8 PHEV offers a spacious cabin equipped with an AQS air quality monitoring system, active fragrance system, ultraviolet (UV)-blocking and heat-insulating glass, and smartphone remote-control functions.


-- BERNAMA

CSL Delivers First Transhipment Shuttle Vessel For Simandou Project

KUALA LUMPUR, July 29 (Bernama) -- The CSL Group (CSL), a leader in responsible marine transportation services, has announced the delivery of MV Wontanara, the first of five state-of-the-art transhipment shuttle vessels (TSVs) commissioned to support the Simandou iron ore project in Guinea.


Designed by CSL and built at CSSC Chengxi Shipyard, the TSV fleet combines a 41,800-tonne deadweight capacity with a dual-boom self-unloading system capable of transferring up to 12,000 tonnes of iron ore per hour.


“The advanced design and cargo-handling capabilities of this fleet reflect CSL’s expertise in transforming complex logistics challenges into practical, high-performance maritime solutions.


“Working closely with our customer, we designed an integrated transhipment system that enables safe, efficient and continuous high-volume exports in shallow-water environments,” said CSL President and Chief Executive Officer, Louis Martel in a statement.


Purpose-built to transport large volumes of iron ore efficiently between river terminals and offshore bulk carriers, the TSV features a shallow-draft hull optimised for river navigation, five azimuth thrusters for enhanced manoeuvrability and precision, and bi-directional navigation capability that improves both safety and operational efficiency.


CSL led the development of this transhipment solution from concept design through to engineering, construction and delivery. It also established the fleet's technical requirements, led the engineering and design phases, and oversaw construction.


MV Wontanara is the first of five TSVs scheduled to enter service for the Simandou project, with the remaining vessels expected to be delivered over the coming months.


Headquartered in Montreal, CSL operates across the Americas, Australia, Europe and Africa, delivering millions of tonnes of cargo annually for customers in the construction, steel, energy and agri-food sectors.


-- BERNAMA