Market Signal Briefing

TLDR:

Donald Trump Jr. and Zach Witkoff confirmed USD1 will launch October 6 on Aptos with broad DeFi integration.
USD1 will have day-one support from wallets and exchanges including OKX, Gate.io, Backpack, and Petra Wallet.
WLFI plans to issue a new debit card to connect USD1 and other crypto balances with everyday spending.
Asset tokenization is on WLFI’s roadmap, starting with real estate, oil, and gas markets.

The stablecoin race is shifting again. This time, it is Donald Trump Jr. stepping into the spotlight with World Liberty Financial. The firm’s upcoming USD1 token is moving onto Aptos, a blockchain that has been gaining traction for speed and scale.

Alongside it comes a payment card linking crypto to everyday use. The rollout is set for early October, drawing fresh attention from investors and developers.

USD1 Stablecoin to Launch on Aptos Network
Donald Trump Jr. joined World Liberty Financial CEO Zach Witkoff in confirming that USD1 will debut on the Aptos blockchain on October 6. 

Donald Trump Jr. and WLFI CEO Zach Witkoff announced that World Liberty Financial’s stablecoin USD1 will launch on the Aptos network on October 6. According to Reuters, Witkoff also revealed that WLFI will roll out a new debit card linking crypto assets to everyday spending. WLFI…

— Wu Blockchain (@WuBlockchain) October 1, 2025

Witkoff explained that USD1 will integrate directly with Aptos DeFi protocols from launch. That includes Echelon Market, Hyperion, Thala Labs, Panora Exchange, and Tapp Exchange. The design gives the stablecoin instant liquidity and trading utility.

Wallet providers and exchanges are also preparing support. Aptos confirmed that platforms such as Petra Wallet, Backpack, OKX, OneKey, Bitget Wallet, Nightly, and Gate.io will allow USD1 access at launch. This means both retail and institutional users can transact from day one.

Aptos highlighted that the network has already become a hub for stablecoins and tokenized assets. According to its official channel, more than $1 billion worth of stablecoins already circulate on the chain, alongside $720 million in real-world assets.

WLFI Expands Into Payments and Asset Tokenization
Alongside the stablecoin, WLFI is preparing a new debit card that links crypto balances to everyday transactions. Witkoff stated that the card is part of a wider push to make digital assets more usable in daily life.

The company also outlined plans to expand into tokenization of traditional asset classes. Early priorities include real estate, oil, and gas. WLFI said the approach would let investors access traditionally illiquid markets through blockchain-based products.

The Aptos ecosystem framed the move as its first integration with a stablecoin built on the Move programming language. In a post on X, the Aptos team emphasized that its low fees and sub-second speeds provide the rails for financial products designed at scale.

Stablecoins already supported on Aptos include USDC, USDT, and PYUSD. By adding USD1, WLFI and Aptos are positioning themselves in a crowded market where adoption often depends on liquidity and cross-platform access.

HomeDow Jones NewswiresPublished: Oct. 1, 2025 at 2:40 a.m. ET

By Nina Kienle

Tate & Lyle said it expected lower revenue and earnings for fiscal 2026 after a slowdown in market demand in the first half.

The London-listed provider of food-and-beverage ingredients on Wednesday said it now expects revenue and earnings before interest, taxes, depreciation, and amortization for the year ending March 31 to decline by low-single digit percent compared to the prior year.

It had previously forecast revenue growth at, or slightly below, the bottom of its medium-term range between 4% and 6%. Ebitda growth was expected ahead of revenue.

For the first six months in Europe, Middle East and Africa, revenue is expected to be mid-single digit lower despite slightly higher demand, while in Asia-Pacific, revenue is expected to be broadly in line after absorbing the impact of tariffs, it said. In the Americas, revenue is expected to be slightly lower reflecting softer consumer demand, it added.

As a result, group revenue in the first half of the fiscal year is expected to be 3% to 4% lower, and Ebitda is expected to be high-single digit percent lower.

It posted revenue of 775 million pounds ($1.04 billion) and Ebitda of 180 million pounds in the same period the prior year.

While the near-term market demand environment will remain challenging, Tate & Lyle expects performance to improve in its fourth quarter, it said. This will be driven by the actions taken to drive top-line growth and the increasing benefits from the CP Kelco combination, it added.

The company is expected to release first half results on Nov. 6.

Write to Nina Kienle at [email protected]

About Dow Jones Newswires

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.

Not all Fed policymakers share the market’s optimism. Dallas Fed President Lorie Logan cautioned this week that “inflation expectations cannot be taken for granted,” hinting that some officials remain wary of easing policy too quickly. Still, traders continue to see a dovish pivot as the base case, keeping both gold and silver supported.

Shutdown Risks Fuel Safe-Haven Flows
Political uncertainty in Washington is adding another layer of support. The failure of a Senate spending bill has heightened the risk of a government shutdown, which could begin as early as this week.

Investors worry that a prolonged shutdown would weaken economic growth and potentially force the Fed into a more accommodative stance. That prospect has driven safe-haven flows into precious metals, with silver also benefiting from the broader bid for security.

Geopolitical Tensions Reinforce Appeal
Global risks are amplifying safe-haven demand. Recent escalations in international conflicts have left investors cautious about risk assets such as equities, prompting a shift into defensive plays like gold and silver. Analysts note that gold has already surged 45% in 2025, including an 11% gain in September alone, underscoring how geopolitical uncertainty continues to elevate demand.

Silver has tracked gold’s momentum, advancing alongside its counterpart as investors increasingly view it as a hedge during volatile periods. With both political and geopolitical risks unresolved, the near-term outlook for precious metals remains firm, even as traders remain alert to potential pullbacks ahead of key U.S. labor and manufacturing data releases.

Short-Term Forecast
Gold holds near $3,865, facing resistance at $3,895 with support at $3,821. Silver trades around $46.90, testing $47.36 resistance while support sits near $46.47, keeping momentum bullish.

Collaboration strengthens an existing partnership, combining InstrumentiX analytics with Keysight’s global distribution and support presence and complementary visibility technologies to deliver integrated solutions for financial institutions

October 01, 2025 02:45 ET

 | Source:

InstrumentiX

LONDON, United Kingdom and SANTA ROSA, Calif.: , Oct. 01, 2025 (GLOBE NEWSWIRE) -- InstrumentiX, an award-winning provider of trading infrastructure monitoring and analytics, today announced that Keysight Technologies, Inc. (NYSE: KEYS), a global technology leader in design, test and network visibility solutions, has acquired a strategic stake in the company. Keysight’s targeted investment underscores InstrumentiX’s market-leading innovation and deepens the companies’ strategic partnership, accelerating development and expanding adoption of advanced monitoring solutions across capital markets.

Across the industry, financial institutions are struggling with legacy monitoring systems that cannot keep pace with the speed and complexity of today’s markets. InstrumentiX addresses this challenge with xMetrics®, a modular platform built specifically to overcome these limitations. It provides banks, brokers, exchanges and proprietary trading firms with real-time visibility across their trading infrastructure, helping them optimise performance, meet regulatory obligations and improve client service. xMetrics® can also be integrated with existing systems where required, providing firms with a flexible pathway to modernisation. The platform is additionally available as a managed service, already proven in mission-critical deployments for major global institutions.

“InstrumentiX was founded to give trading firms the depth and flexibility of analytics they need to manage performance in real time,” said Steve Hicks, Founder and Chief Technology Officer at InstrumentiX. “Keysight’s investment validates that vision and equips us with the scale to accelerate innovation and reach new markets. Just as importantly, Keysight brings proven products such as their taps, packet brokers and best in class FPGA-based market data gap detection solution, along with a trusted global deployment and support organisation. That combination gives our customers additional confidence that xMetrics® is backed by a world-class partner, ensuring faster deployments, stronger service and the ability to expand seamlessly as their needs evolve.”

“Financial institutions are looking for advanced monitoring solutions that can keep up with the speed and complexity of today’s markets,” said Kevin Formby, Vice President, Finance and Capital Markets at Keysight. “We are delighted to deepen our relationship with InstrumentiX through this investment, which brings together their proven monitoring and analytics with our visibility technologies. This not only enables us to deliver end-to-end performance assurance that helps customers operate more efficiently and with greater confidence, but also further strengthens Keysight’s ability to support the financial markets sector with integrated solutions.”

Enhanced customer value through strategic synergies

Expanded global reach: Keysight’s global distribution and support presence will extend the availability of xMetrics® solutions to more markets worldwide.Integrated solutions: A unified offering that combines InstrumentiX’s analytics with Keysight’s visibility technologies for a complete view of trading performance.Accelerated innovation: Joint R&D will speed delivery of new features and capabilities tailored to evolving market needs.Leading edge solutions: Advanced monitoring and analytics designed for the demands of high-speed trading and regulatory oversight.Comprehensive support: Keysight will provide Level 1 and 2 support for joint deployments, enabling InstrumentiX to scale customer service globally.Modern architecture: The xMetrics® platform is purpose-built for today’s trading environments, can integrate with existing systems and is also available as a managed service to support flexible adoption. Together, InstrumentiX and Keysight are providing trading firms with a modern alternative to outdated monitoring - delivering real-time transparency, resilience and performance across trading infrastructure, with the additional confidence that comes from a trusted global partner.

-ENDS-

Media contacts

InstrumentiX
The Realization Group on behalf of InstrumentiX
+44 (0) 7974937970
[email protected]

Keysight 
North America PR Team
[email protected]

Fusako Dohi
Asia
+81 42 660-2162
[email protected]

Jenny Gallacher
Europe
+44 (0) 7800 737 982
[email protected]

About InstrumentiX

InstrumentiX is a leader in performance monitoring and analytics for global financial markets. xMetrics®, the unique modular trading infrastructure monitoring and analytics solution, provides a real-time view of end-to-end performance of some of the world’s most complex trading environments. Committed to continuous innovation, InstrumentiX ensures trading businesses receive the actionable insight and transparency needed to optimise execution outcomes, drive business improvement and comply with regulatory requirements. InstrumentiX takes immense pride in partnering with our clients to help them gain competitive edge. www.instrumentix.co.uk

About Keysight Technologies

At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we're delivering market-leading design, emulation and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We're a global innovation partner enabling customers in communications, industrial automation, aerospace and defence, automotive, semiconductor, finance and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.

Steve Hicks

Kevin Formby

Steve Hicks
Founder and Chief Technology Officer at InstrumentiX.

Kevin Formby
Vice President, Finance and Capital Markets at Keysight

InstrumentiX

Keysight

Contact Data

The Realization Group on behalf of InstrumentiX
+44 (0) 7974937970
[email protected]
Keysight
North America PR Team
[email protected]
Fusako Dohi
Asia
+81 42 660-2162
[email protected]
Jenny Gallacher
Europe
+44 (0) 7800 737 982
[email protected]

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) provided an update on its Mateguafa Oeste-1 exploration well, in the Tapir block, Colombia, which proved unsuccessful.

It was spudded on 21 September and reached total depth on 26 September, encountered reservoir sands but did not contain commercial volumes of oil, and it will now be abandoned.

This is Arrow's first 'dry hole' in 40 wells to date at the 50%-owned project.

Chief executive Marshall Abbott noted that the result would "provide calibration' for Arrow's other prospects.

Looking ahead, he added: "The rig is now moving to the Mateguafa Attic field where we plan to drill the M-5 well ... a step out well from the M-1 and M-3 wells that were successful wells drilled and produced by Mohave and Petrolco respectively."

The M-1 and M-3 wells were abandoned in 2013, and, now, armed with new 3D seismic acquired in 2023, the company plans to drill into a higher part of the reservoir.

"We look forward to updating the market on the results of M-5 once the well has been evaluated and remain excited about the future prospectivity at the Icaco, Macoya and Capullo prospects," Abbott said.

The Mateguafa Oeste-1 exploration well was drilled under budget.

October 01, 2025 03:00 ET

 | Source:

Investeringsforeningen Nordea Invest

Med virkning fra d. 1 oktober 2025 offentliggøres prospekt for Investeringsforeningen Nordea Invest.
Prospektet er opdateret med genberegnede emissionstillæg og indløsningsfradrag for en række afdelinger, herunder andelsklasser.

Prospektet kan findes på https://www.nordeafunds.com/da/vores-fonde

Med venlig hilsen
Nordea Fund Management, filial af Nordea Funds Oy, Finland
Rasmus Eske Bruun
Filialbestyrer

Consumers are increasingly comfortable with faking data when applying for credit, but still expect strong fraud protection from institutions

JOHANNESBURG--(BUSINESS WIRE)--FICO (NYSE: FICO):

“Consumers are falsifying information in applications to gain credit, not understanding how much these loans could stretch their finances and risk leaving them unable to repay, or even facing the consequences of committing fraud.” - James Roche, FICO

Share
Global analytics software leader FICO has announced its findings from the 2025 FICO Consumer Survey: Fraud, Identity and Digital Banking South Africa, which show a rising trend in financial dishonesty among consumers under pressure. Twenty-six percent of South Africans say it’s acceptable in some circumstances to exaggerate income on a loan application, while 22% say inflating income for a mobile phone contract is considered normal.

This behaviour reflects increasing financial strain felt by consumers, but also raises concerns about the growing normalisation of first-party fraud – fraud committed by the consumer themselves, using their own identity – in the South African credit environment.

More information: https://www.fico.com/en/latest-thinking/ebook/2025-consumer-survey-south-africa-fraud-identity-and-digital-banking

“Consumers are falsifying information in applications to gain credit, not understanding how much these loans could stretch their finances and risk leaving them unable to repay, or even facing the consequences of committing fraud,” said James Roche, principal consultant at FICO. “Banks are up against a constant challenge to prevent fraud and lend responsibly. While checks during applications may feel frustrating, they are there to protect the customer.”

Strong fraud protection drives bank selection

While some consumers are willing to misrepresent their financial circumstances to access credit, most still expect institutions to offer robust fraud protection when they are the potential victim. In fact, 25% of respondents ranked good fraud protection as their primary consideration when selecting a financial services provider, and two-thirds of respondents ranked it as one of their top three priorities.

This puts fraud protection ahead of traditional decision drivers such as value for money, rewards or brand familiarity. Ease of use came in as another top consideration for 27% of South Africans, indicating a growing need for simplicity and accessibility.

Growing acceptance of identity checks

Despite heightened awareness of digital risks, only 27% of South African consumers said they would abandon an application if identity checks were too time-consuming or difficult. This suggests that the majority are willing to undergo a more rigorous onboarding procedure if it meant they would be offered better protection.

Biometric authentication is one of South Africans’ preferred methods for securing online transactions and accounts. According to the survey, 65% of South Africans strongly prefer fingerprint verification while 60% say the same for facial recognition. By contrast, traditional passwords and PINs are losing consumer confidence. Iris scans, though less common, are considered highly secure by those familiar with them. Customers are opting into solutions that are seamlessly secure and are primarily app-driven.

The biggest fraud concerns remain centred on identity theft and deception. South Africans are concerned about being tricked into sending money and having their identity misused to open a financial account. While around 7% of respondents say their identity has already been used by a fraudster to open an account, the true figure may be higher given low awareness and detection.

Application fraud is personal

“South Africans’ expectations of their financial providers are higher than ever. This is about trust,” said Roche. “People want to know their data is safe, applications are being fairly evaluated and the systems in place are capable of distinguishing between legitimate use and criminal intent. This highlights a critical need for financial institutions to design identity verification journeys that are adaptive, intelligent and frictionless. Institutions need to invest in technologies and strategies that deliver speed without sacrificing accuracy or trust.”

1,000 South African adults surveyed in May 2025 as part of this global survey.

For more information on how FICO can help financial services organizations exceed customer needs and expectations, visit https://www.fico.com/en/fico-platform.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting four billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.

Learn more at https://www.fico.com/en.

Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/

For FICO news and media resources, visit https://www.fico.com/en/newsroom.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

Ground fault locator eliminates time-consuming fault hunts by reducing disconnections and brute-force testing individual strings, helping solar technicians work faster and safer

October 01, 2025 03:00 ET

 | Source:

Fluke Corporation

Eindhoven, Netherlands, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Fluke Corporation, a leading provider of safe, rugged, and reliable industrial tools and integrated software, today announced the launch of the Fluke GFL-1500 Ground Fault Locator, a breakthrough technology designed to address some of the most persistent pain points faced by solar technicians. The Fluke GFL-1500 enables solar technicians to locate ground faults quickly, safely, using non-contact tracing—reducing the need for multiple disconnections and brute-force testing of individual strings.

In utility-scale solar systems, ground faults, which were responsible for 4.0% of all workplace electrical fatalities from 2011 to 2023, are a common challenge often caused by environmental wear, aging infrastructure, or installation quality issues. These faults can lead to costly downtime and reduced energy output. By streamlining the fault-finding process, the Fluke GFL-1500 allows technicians to work more safely, faster, and without disruption—ensuring continuous clean energy production.

The Fluke GFL-1500 combines the power of a signal-producing transmitter with a non-contact detection clamp and a non-contact signal receiver to help technicians quickly and accurately pinpoint the location of active ground faults, even on complex arrays. The Fluke GFL-1500 enables technicians to identify the faulted branch and pinpoint the fault location within a string, without relying on detailed site maps or time-consuming test procedures.

“The Fluke GFL-1500 marks a pivotal advance in non-contact ground-fault troubleshooting for solar technicians,” said Vineet Thuvara, Chief Product Officer at Fluke. “With solar generation surging 30% globally last year**—the fastest annual growth since 2017—there’s more urgency than ever to restore systems swiftly when faults occur. The GFL-1500 cuts through uncertainty, enabling technicians to pinpoint and resolve issues fast, minimize expensive downtime, and keep clean energy flowing. It’s built from on-the-ground insights to tackle the real challenges of today’s booming solar industry.”

Locating ground faults has traditionally been a time-consuming, manual, and challenging task for solar technicians. The Fluke GFL-1500 simplifies the process by offering:

Complete Workflow Coverage: The GFL-1500 provides a new end-to-end solution that is compatible with 1500V PV systems, locating ground faults anywhere between the inverter and the module.Enhanced Safety: Technicians can troubleshoot with confidence by avoiding unnecessary interactions with energized systems, reducing the risk of injury or damage to system components.Significant Time Savings: Early adopters reported significantly reducing the time to locate hard ground faults. These results will significantly reduce the time it takes to get solar sites back online, while freeing up technicians to tackle other tasks.User-Friendly Design: Intuitive interface makes it easy to operate for solar technicians with varying levels of experience. Fluke will be showcasing the Fluke GFL-1500 at Solar and Storage KSA Live, October 12–14 in Riyadh, Saudi Arabia. Please visit booth H1-M40 to receive a demo of Fluke solar products.

For more information and to purchase the GFL-1500, visit Fluke GFL-1500 Solar Ground Fault Locator | Fluke.

About Fluke
As the world leader in test and measurement equipment, software, and service, Fluke is committed to advancing sustainability at a global level. Growth in renewable energy industries requires precision measurement, quality control, and reporting capabilities for installation, maintenance, and service. Every day, Fluke customers stake their reputations on Fluke tools—it’s why they depend on Fluke’s reliability, accuracy, and commitment to help them extend their skills and professionalism.

# # #

*Electrical Safety Foundation International: Workplace Electrical Fatalities: 2011 – 2023
** International Energy Agency: Solar Generation Grew by 30% in 2024

FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.

New Fluke GFL-1500 Quickly Locates Ground Faults to Boost Solar System Uptime

New Fluke GFL-1500 Quickly Locates Ground Faults to Boost Solar System Uptime

New Fluke GFL-1500 Quickly Locates Ground Faults to Boost Solar System Uptime
The Fluke GFL-1500 enables solar technicians to locate ground faults quickly, safely, using non-cont...

New Fluke GFL-1500 Quickly Locates Ground Faults to Boost Solar System Uptime
The Fluke GFL-1500 enables solar technicians to locate ground faults quickly, safely, using non-cont...

Contact Data

Dave Smith
Fluke Corporation
[email protected]

AI Classifier delivers patent classification with up to 97% first-pass accuracy for portfolio benchmarking, while SEP Analyzer enhances reporting with clear, intuitive visualizations

, /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announced the launch of two new solutions for Innography customers: Innography AI Classifier for portfolio benchmarking, and Innography SEP Analyzer for streamlining standard essential patent (SEP) negotiations. These enhancements continue to expand on Innography's legacy of aligning patents with business strategy, empowering faster and more confident patent portfolio, licensing and commercialization decisions.

Innography AI Classifier leverages AI technology powered by supervised machine learning and large language models (LLMs), utilizing Derwent World Patents Index data, for highly precise classification that is up to 97% accurate the very first time. Through this powerful technology, patent professionals can categorize patents on a large and repeatable scale, using a customized lens to view their own portfolio or competitors' portfolios. It may be leveraged with or without training data and can condense a classification job from weeks to minutes. AI Classifier accelerates organizations' portfolio strategy decisions.

Innography SEP Analyzer streamlines research by normalizing and categorizing standard essential patent data and provides visualizations to clearly summarize and report results. Through the tool, patent strategists and licensing professionals can gain objective declaration insights into competitor portfolios to accelerate licensing negotiations.

Shandon Quinn, Vice President, Patent Intelligence, Clarivate, said: "Innography SEP Analyzer is another example of Clarivate offering its best-in-class data through solutions that support critical decisions. Together with the AI Classifier, these new capabilities in Innography represent an important step forward in leveraging AI technology and enriched data to drive patent portfolio strategies and commercial decisions."

To learn more, please visit Innography AI Classifier and Innography SEP Analyzer.

About Clarivate
Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com

Media contact:
Sofia Nogués, Sr. External Communications Manager
[email protected] 

SOURCE Clarivate Plc

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UniCredit bank logo is pictured in Rome, Italy, November 25, 2024. REUTERS/Yara Nardi Purchase Licensing Rights, opens new tab

MOSCOW, Oct 1 (Reuters) - The Russian subsidiary of Italian bank UniCredit

(CRDI.MI), opens new tab has stopped taking on new corporate clients and is raising service fees across its business, according to new tariff plans posted on the bank's website.

UniCredit is continuing its attempts to leave Russia, under pressure from the European Central Bank, which has demanded the group accelerate the winding down of its business in the country including limiting deposits and transactions.

Sign up here.

The Italian lender said on Wednesday that from October 1, the monthly fee for service packages will increase to 15,000-20,000 roubles ($182-$243) per month from 4,900-6,900 roubles per month.

From December 1, tariffs will rise still further, to 30,000-40,000 roubles per month.

"The bank is establishing a gradual change in the monthly fee for tariff plans... with a phased approach to the implementation of these changes in order to give clients time to make operational decisions," the lender said.

UniCredit's press service did not provide further clarification.

For individuals, UniCredit had previously suspended credit card reissues and outgoing transfers in U.S. dollars.

In the spring, companies from the United Arab Emirates approached the Italian Finance Ministry with an offer to buy UniCredit's Russian assets at a deep discount, according to a document seen by Reuters.

($1 = 82.4000 roubles)

Reporting by Elena Fabrichnaya; Editing by Jan Harvey

Our Standards: The Thomson Reuters Trust Principles., opens new tab

October 01, 2025 3:05 AM EDT | Source: Azincourt Energy Corp.
District-Scale Land Package: 49,400 ha in Labrador's Central Mineral Belt, adjacent to Paladin Energy's Michelin deposit and Atha Energy's Moran Lake Project.Known Uranium Mineralization: 12+ known uranium zones with rock samples up to 7.48% U₃O₈, and 10 distinct zones >1% U₃O₈. Historic work has been limited (124 drill holes total).2025 Program Complete: Confirmed known showings, advanced Snegamook, and identified 2 new uranium showings (assays pending).Snegamook Priority: Historic drilling intersected 20-50m wide uranium zones; Azincourt plans to update Snegamook to NI 43-101 resource with an upcoming drill program.Pipeline of Drill-Ready Targets: Moran Heights, Boiteau Lake, Anomaly 7 and others advancing toward 2026 drill programs.Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - AZINCOURT ENERGY CORP. (TSXV: AAZ) (OTCQB: AZURF) ("Azincourt" or the "Company") is pleased to announce that the introductory work program has been completed on the Harrier Project in the Central Mineral Belt in Labrador, Canada.

About the Harrier Project

Azincourt's Harrier Project - which includes its previously acquired Snegamook deposit — covers 49,400 hectares over five distinct licence groups, representing one of the largest land positions in the Central Mineral Belt of Labrador. The Harrier Project straddles key uranium-bearing structural corridors directly adjacent to and on trend with Atha Energy's Moran Lake and Anna Lake projects, and Paladin Energy's Michelin project - placing Azincourt at the center of a proven and growing uranium camp.

The Harrier Project, with over a dozen known uranium mineralization zones and surface rock samples grading up to 7.48% U₃O₈ (and >1.0% U₃O₈ in 10 distinct zones), offers a rare combination of grade, scale, and geological continuity. Notably, only 124 drill holes (19,851 metres total, over half of this on the former Snegamook project area) have ever been completed across the combined property -leaving ample opportunity for new discovery with modern methods.

2025 Summer Work Program

The introductory work program was completed in late August and consisted of helicopter supported reconnaissance of existing identified uranium occurrences and prospecting of previously identified radiometric anomalies. A crew consisting of one pilot, two geologists, including Trevor Perkins, Azincourt's Vice President of Exploration, and three prospectors conducted the field program. The purpose of this program was to expand the target inventory on the project and prepare the higher priority targets for a diamond drilling program.

Eleven previously identified uranium showings and the Snegamook Deposit were visited by Azincourt's VP Exploration to get an understanding of the characteristic and settings of the uranium mineralization present on the property. At this time, the focus was on those showings that had uranium mineralization present in outcrop, as less work is required to get these targets "drill ready". Two new uranium showings have been identified in outcrop in the Boiteau Lake area and in boulders and outcrop east of the Anomaly 7 area. Assay sample results are pending for these areas.

Snegamook Deposit

A high priority target for diamond drilling is the Snegamook Uranium Deposit, where drilling in 2007 and 2008 to follow up a radon gas anomaly identified uranium mineralization located 1.3 km along strike to the southeast of the Two Time Zone (Indicated and Inferred resource of 5.55 Mlb U3O8, Silver Spruce Resources, June 2008). 17 drill holes intersected a 20 to 50 m wide section of uranium bearing brecciated and altered monzodiorite with moderate to strong chlorite, hematite and carbonate alteration, the same geological setting as the Two Time Zone. (Figure 3)

The location of the drill core from the 2007-2008 exploration programs was confirmed at the old camp site used by Silver Spruce Resources. Much of the core is in decent shape considering it has been exposed to the elements for almost 20 years. Several drill holes that intersected the Snegamook Deposit mineralization were examined and a few samples were collected to confirm uranium grades. Reconnaissance of the deposit area was also undertaken to examine ground conditions for future drilling and examine the old drill pads for confirmation of hole numbers, locations, and hole orientation. Many drill pads were easily recognizable and marked with casings and tagged wooden posts present.

In 2008 a preliminary resource estimate for the Snegamook Zone was prepared by Silver Spruce Resources, however it was never finalized in a report or filed. Diamond drilling and preparing an updated NI 43-101 compliant resource for this deposit will be a priority for Azincourt, in conjunction with the 2026 field program.

Moran Heights

The Moran Heights Prospect is underlain by a sequence of sandstone, conglomerate and minor intercalated volcanic flows. These rocks are overlain by a thick sequence of subaerial bimodal volcanic rocks ranging from andesite and basaltic andesite to ignimbrites and rhyolite. The prospect is along trend of, and in a similar geologic setting as the Moran Lake C uranium deposit.

The showing itself is identified from outcrop and an exploration pit along the southeast side of a high northeast trending ridge. Extensive work was conducted sporadically between 1979 and 2006 consisting of trenching and diamond drilling. One sample collected from the pit in 2024 assayed 7.48% U3O8. The historical diamond drilling, oriented to the northwest into the ridge from the base, intersected grades up to 0.2% U3O8. It appears that the historical drilling may have undercut the higher-grade mineralization. A 3D interpretation of this showing will be completed prior to follow-up drilling.

Boiteau Lake Group

The Boiteau Lake Group is the northernmost block of the Harrier Project and straddles the Kanariktok Bay Shear Zone (KSZ, Figure 1). The licences are underlain by a sequence of sandstone, conglomerate, and massive volcanic flows. The Boiteau Lake is located in a different structural setting than the rest of the Harrier Project.

Airborne magnetics, Landsat imagery, air photo interpretation and ground investigation identified a 12 km long, northeast trending structural corridor located in the heart of the Boiteau claims. Significant uranium mineralization was found in 2008 in nine separate bedrock showings over a strike length of nearly 4.5 km. Samples returned very high grades, including 1.48% U3O8 and 1.10% U3O8. The source of these boulders has yet to be determined. The main structure controlling the area trends southwest, parallel to the KSZ and dips steeply to the northwest.

At the south end of the Boiteau trend, the Boiteau Main showing has pitchblende and secondary uranium disseminated in metasedimentary rocks associated with steep west trending fractures dipping to the north. Samples from this area collected in 2024 returned up to 0.32% U3O8.

The Boiteau Central showing consists of a sequence of steeply dipping splayed fractures containing pitchblende (Figure 4) in slatey grey metasediments in the footwall of a significant southwest trending fault and trending perpendicular to that fault. Samples from 2024 in these fractures returned grades of up to 0.24% U3O8.

The Boiteau North showing consists of pitchblende veins in a grey metasediment dipping moderately to the west-northwest on the southeast side in the footwall of a southwest trending fault. Samples collected by Koba in 2024 returned 0.38% U3O8.

A new uranium showing has been identified during Azincourt's 2025 summer program, approximately 200 m to the northeast of the Boiteau Main showing. This outcrop extends at least 30 m with anomalous radioactivity identified reading up to 7,200 cps on a Radiation Solutions RS-120 "Super-Scint" scintillometer. This outcrop is to the west of the ridge marking the footwall of the structure and location of the Boiteau Main showing and may indicate the presence of mineralization in the hanging wall of the fault. Assay results are pending for samples collected from this outcrop.

Anomaly 7

The Anomaly 7 Prospect was first discovered in the 1970s. Mineralization has been mapped over 3.5km of strike. In 2024, an outcrop sample returned values of 1.71% U3O8. In addition, historical rock samples have returned assays up to 2.12% U3O8.

Mineralization appears as pitchblende and secondary uranophane hosted in north-northwest trending steeply dipping veins where these veins intersect a series of parallel east-northeast trending hematite altered breccias. Old drill pads were found along the edge of the anomaly, but there is an indication that some of these holes never went deep enough to intersect the mineralization.

Other Showings

The Anomaly 17, Brook, Fish Hawk North, and Fish Hawk South showings were examined and have similar structural settings as Anomaly 7, with intersecting fractures hosting pitchblende mineralization. Historical core was discovered in the woods from the Fish Hawk South showing, however the condition of the core precludes its usefulness for helping to interpret the area.

The Minisinakwa showing has good grades returned from boulders along an east-west trending splay fault. Mineralization is hosted in a magnetite rich metasediment. Drilling underneath boulder trend identified the magnetite rich lithologies, but not the mineralization.

"I was excited to get into the field with the crew and have a good look at the Harrier Project," commented Trevor Perkins, Vice President of Exploration. "The structural setting seems relatively straightforward. We have targets at some of these showings that I would consider drill-ready," continued Mr. Perkins. "At the same time, this is a huge land package with many additional anomalies yet to be examined. Our next step is planning a diamond drilling program for 2026."

Figure 1: Azincourt land position overlain on the geology of the Central Mineral Belt, Labrador, Canada

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_002full.jpg

Figure 2: Azincourt's Harrier Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_003full.jpg

Figure 3: Snegamook and Two Time Zone mineralization map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_004full.jpg

Figure 4: Picture of mineralized fractures in the Boiteau Lake Central area

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6137/268612_2599387a040c69a3_005full.jpg

About the Central Mineral Belt

Labrador's Central Mineral Belt ("CMB") is one of Canada's most underexplored yet highly prospective uranium regions. Known for its numerous uranium and base metal deposits and showings, the CMB has seen renewed interest due to growing global demand for secure, domestic uranium supply as countries aim to increase nuclear power capacity to meet net-zero emissions goals.

The CMB hosts multiple large-scale uranium discoveries, including Paladin Energy's Michelin Uranium Project (127.7 million lbs U₃O₈), the Moran Lake C Deposit (historical resource of 9.6 Mlbs U₃O₈ and 11.8 Mlbs V₂O₅), and the Anna Lake Deposit (historical resource of 4.9 Mlbs U₃O₈). These known resources demonstrate the Belt's exceptional uranium endowment - but vast areas remain underexplored, with modern techniques only recently being applied across the region.

With its stable jurisdiction, historical high-grade discoveries, and modern exploration momentum, the CMB is emerging as one of North America's most exciting uranium exploration corridors.

Qualified Person

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved on behalf of the Company by C. Trevor Perkins, P.Geo., Vice President, Exploration of Azincourt Energy, and a Qualified Person as defined by National Instrument 43-101.

About Azincourt Energy Corp.

Azincourt is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its East Preston uranium project located in the Athabasca Basin, Saskatchewan, and its Snegamook and Harrier uranium projects, located in the Central Mining Belt of Labrador.

*The historical results, interpretation and drill intersections described here in have not been verified and are extracted from news releases issued by Silver Spruce Resources Inc on April 24, 2008, and August 12, 2008, as well as annual Management Discussion and Analysis documents filed on www.sedarplus.ca, and Koba Resources Limited on April 11, 2024, and August 20, 2024, which can be found at https://kobaresources.com/investors/asx-announcements/. The Company has not completed sufficient work to confirm and validate any of the historical data contained in this news release. The Company considers the historical work a reliable indication of the potential of the Harrier Project and the information may be of assistance to readers.

The information on the Michelin, Moran Lake C, and Anna Deposits has been extracted from the websites and investor presentations of Paladin Energy Limited and Atha Energy Corp.

ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.

"Alex Klenman"
Alex Klenman, President & CEO

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268612

Empowering Webex users with seamless CRM integration and advanced analytics for improved productivity and insights

October 01, 2025 03:07 ET

 | Source:

CallTower, Inc.

SALT LAKE CITY, UT, ROCHESTER, NY, MONTREAL, QC, LONDON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- CallTower, a global leader in cloud-based unified communications and contact center solutions, announced today the addition of two of its signature solutions, CT Unite CRM Integration and CallTower Analytics, to CallTower’s Webex by Cisco® platform. This strategic development provides Webex users with powerful tools designed to streamline communication, enhance productivity, and deliver actionable business insights directly within their collaboration environment. 

The integration of CT Unite CRM Integration with Webex empowers users by embedding communication controls directly into their CRM systems. This fusion of platforms eliminates the need to switch between applications, allowing teams to manage calls, access customer data, and log interactions seamlessly. By unifying these critical business tools, organizations can significantly improve workflow efficiency and elevate the customer experience. 

In addition, the availability of CallTower Analytics for Webex offers organizations comprehensive visibility into their Webex Calling communication patterns. This powerful data solution provides detailed reporting and intuitive dashboards, transforming raw call data into actionable intelligence. Businesses can now leverage these insights to optimize resource allocation, identify trends, and make informed decisions that drive growth and improve operational performance. 

“At CallTower, our mission is to empower businesses with innovative solutions to drive productivity and growth,” said William Rubio, Chief Revenue Officer at CallTower. “Adding CT Unite and CallTower Analytics to Webex enables our customers to unlock even greater value from their collaboration environment—seamlessly connecting their CRM and leveraging analytics for data driven insights.” 

These additions underscore CallTower's commitment to innovation and customer success. By continuously enhancing its solution portfolio and integrating with leading platforms like Webex, CallTower ensures its customers are equipped with the most advanced and effective communication technologies available. The new integrations are designed to help businesses maximize their investment in the Webex platform while achieving greater operational excellence. 

About CallTower 

CallTower is at the forefront of transforming global communication, redefining how businesses connect and collaborate across the globe. Since 2002, CallTower has grown into a global leader in enterprise-class cloud communications and collaboration solutions, empowering businesses to thrive in the digital age. Leveraging advanced technologies like Microsoft® Teams Operator Connect, Teams Direct Routing, GCC High Teams Direct Routing, Webex by Cisco®, Zoom Phone, and AI-powered contact center solutions, such as Webex Contact Center, Five9, Genesys and more.  CallTower delivers seamless and reliable connectivity tailored to the unique needs of enterprises worldwide. CallTower empowers business communications by integrating features like one-click failover, advanced analytics, seamless CRM integration, and cutting-edge AI—redefining operational efficiency. 

In 2025, CallTower acquired North America’s trusted contact center expert, Inoria, amplifying its CCaaS and CX capabilities. Inoria drives the evolution of contact center operations by offering personalized optimization, implementation, and integration services powered by Conversational AI and advanced analytics. Together, CallTower and Inoria deliver actionable insights, enhanced customer experiences, and cutting-edge solutions that guide enterprises through their digital transformation journeys. 

 With a vision focused on innovation and a commitment to excellence, CallTower continues to advance cloud communications, empowering businesses across the globe to achieve unparalleled success.

Contact Data

Kade Herbert
CallTower, Inc.
8003475444
[email protected]

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in EQX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Shield Therapeutics PLC (AIM:STX, OTCQB:SHIEF) has announced positive results from its Phase 3 pediatric FORTIS trial of ferric maltol (ACCRUFeR).

The trial tested children and adolescents with iron deficiency using ferric maltol against ferrous sulfate, and, the data was presented at the American Association of Pediatrics conference on 29 September, in Denver.

"This first publication of results confirming the safety and effectiveness of ferric maltol treatment in children as young as 2 months is an important milestone for Shield to further the expansion of ACCRUFeR® in this additional patient population who can benefit from a much needed safe and effective oral iron treatment," said Shield Therapeutics vice president Dr Jackie Mitchell.

Clinically significant improvements in haemoglobin were observed across all groups. No patients discontinued ferric maltol due to adverse events, while one discontinuation occurred in the ferrous sulfate group.

Treatment-related adverse events were reported in 6.5% of ferric maltol patients versus 13% with ferrous sulfate.

VALLOUREC SECURES A NEW ORDER WITH PETROBRAS FOR SUBMAGNÉTICO FREE FLOW®

Meudon (France), October 1st 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces a new order for SUBMAGNÉTICO FREE FLOW®, its Oil Country Tubular Goods (OCTG) solution designed to prevent inorganic scaling in production strings. This new order signed with the Brazilian operator, Petrobras, covers the production and installation of more than 30 units, to be delivered and installed in Brazil’s offshore pre-salt fields.

SUBMAGNÉTICO FREE FLOW® is a breakthrough technology that applies a magnetic field on the extracted fluid and reduces the formation of inorganic scaling on the production string. With this solution, operators are expected to achieve significant cost reduction via reduced well cleaning interventions, reduced consumption of scale inhibitors, and a significant reduction in production downtime.

Co-developed with Petrobras, SUBMAGNÉTICO FREE FLOW® has successfully passed all qualification tests, including vibration, shock and pressure tests, as well as API and ISO connection tests.

Jérôme Favre, Senior Vice President of OCTG, Services and Accessories declared: “This new order confirms the growing adoption of SUBMAGNÉTICO FREE FLOW® as a standard anti-scaling technology for offshore production. It also demonstrates Vallourec’s ability to co-develop smart, safe, and cost-effective solutions tailored to our clients’ most critical challenges.”

About Vallourec

Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec’s pioneering spirit and cutting-edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand- in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible.

Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service.

In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5:1.

For further information, please contact:

Investor relations:
Connor Lynagh
Tel: +1 (713) 409-7842

[email protected] relations: Taddeo
Romain Grière
Tel: +33 (0)7 86 53 17 29

[email protected] Nicolas Escoulan
Tel: +33 (0)6 42 19 14 74
[email protected]

Individual shareholders:
Toll Free number (From France): 0 805 65 10 10 [email protected]

PR_Submagnético_EN_final

This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here.

The dispatchThere is an old British saying about buses: you wait ages for one and then two arrive at once.

Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — delivered major announcements.

GSK said Emma Walmsley, its CEO of nine years, who steered it through its demerger (its former consumer healthcare arm is now a separate company called Haleon), will leave at the end of the year. Her successor is Luke Miels, currently chief commercial officer, was poached from AZ amid acrimony eight years ago.

AZ, meanwhile, announced plans to "harmonise its share listing structure to deliver a global listing for global investors in a global company". 

In practice, that means delisting its American Depositary Receipts (ADRs) from the Nasdaq, replacing them with a direct listing of ordinary shares on the New York Stock Exchange.

ADRs are tradable certificates issued by U.S. banks representing a specific number of shares (usually one) of a foreign company. They tend to be less liquid than fully listed stocks — and that deters some investors.

The move was welcomed by investors, with shares up 0.8% on Monday. It should bring in new U.S. investors, especially if — although this is not a given — AZ eventually gains membership of the S&P 500.

Defections from the UKAt first blush, it confirms fears first aired when, in July, The Times reported that CEO Pascal Soriot wanted to move AZ's stock market listing to the U.S.

The British newspaper said Soriot, who today marks 13 years at the helm, had spoken privately of doing this on several occasions and had even discussed moving AZ's domicile. Soriot fanned the flames when, at subsequent results briefings, he did not deny the report and even called AZ a "very American company." AZ is among several big pharma companies to recently pause or postpone U.K. investments amid frustration at the country's drug-pricing regime.

Accordingly, some interpret this as another blow to the London Stock Exchange (LSE), which is indeed how it was reported locally. A clutch of big names, all former FTSE 100 members, have moved their primary listing away from the U.K. lately.

The defections began when, in 2021, BHP Group (previously BHP Billiton) — at the time the FTSE's most valuable company — announced plans to switch from a dual-listed structure, in which its shares were listed in both the U.K. and Australia, to a single primary listing on the Australian Securities Exchange (ASX). This was essentially a cost-saving and simplification exercise and few alarm bells rang at the time, not least because BHP retained a standard listing on the LSE, allowing British investors to remain exposed to the business. Moreover, BHP had no real assets in the U.K., other than a head office.

The following year, the plumbing and heating products distributor Ferguson — a U.K. stock market stalwart for decades under its former name of Wolseley — moved its primary listing to New York. Again, this was no surprise, since North America by then accounted for more than 90% of its sales.

There was still no panic when, in March 2023, CRH — the world's biggest building materials supplier — chose to switch to New York. After all, having only had a primary listing in London for 12 years, CRH was essentially an Irish company generating more than three-quarters of its earnings in the U.S.

There was more disquiet when Flutter Entertainment, owner of successful betting and gaming businesses such as Paddy Power, Betfair, Sky Betting & Gaming and the U.S. business FanDuel, said it was considering moving its main listing to New York. It has since done so.

This was altogether more serious as Flutter, the Irish-founded Paddy Power aside, was essentially British and a big player in its domestic market. Compounding concerns, later that year, the Cambridge-based chip designer Arm Holdings opted to list on Nasdaq instead of the LSE on its return to the stock market.

Since then, the Anglo-German tour operator TUI has moved from a dual listing in London and Frankfurt to a single one in the latter, while the FTSE 100 plant and equipment hire company Ashtead — named after the Surrey village where it was founded — has announced plans to move its primary listing from London to New York. This again reflects the fact that 90% of its business is now in North America.

The bad news, like the London drizzle, has kept on coming: Just Eat Takeaway said last December it would move from a dual listing in London and Amsterdam to a single one in the latter; the same location was chosen in February this year by Unilever for its demerged ice cream business.

Fast-fashion giant Shein was recently reported to have chosen Hong Kong over London for its forthcoming Initial Public Offering, and Wise (formerly Transferwise), a fintech founded in London by two Estonian entrepreneurs and now valued at more than £11 billion ($14.78 billion), received shareholder approval in July to move its primary listing from London to New York.

AZ a different case?AZ's decision, though, may not be as bad as it looks. It was at pains to stress its "current status as a U.K. listed, headquartered and tax resident company" would not change and that this was all about attracting a broader mix of global investors and better access to New York's larger pools of capital.

Nor does this look to be a move in search of a higher stock rating: AZ's price-to-earnings ratio exceeds not only those of European peers like Novo Nordisk and Roche, but also several U.S. peers including Pfizer, Bristol-Myers Squibb and Merck.

The British government should not get complacent, however. This move potentially eases a full switch of listing to New York should Soriot's frustrations at the U.K. finally boil over.

Rachel Reeves, the country's chancellor, could prove she is alert to the risk posed to the London market by removing Stamp Duty Reserve Tax, the anachronistic levy of 0.5% applied on all share purchases.

But — as it raises £3 billion annually for the Treasury — I wouldn't bet on this.

Top TV picks on CNBCwatch now

Louise Hellem, chief economist at the CBI, discusses the Chancellor's options ahead of the U.K. government's upcoming Budget at the Labour Party Conference in Liverpool.

watch now

Ruth Curtice, chief executive of Resolution Foundation, discusses potential plans to increase personal taxes and the outlook for migration at the Labour Party Conference in Liverpool.

watch now

Ian King joins Squawk Box Europe on location in Canary Wharf to discuss why the U.K. isn't good at helping startups to scale up, even though it's created more "unicorns" than any other country outside the U.S. and China.

— Holly Ellyatt

Need to knowUK at a 'fork in the road,' Prime Minister Keir Starmer warns. At the Labour Party's annual conference in Liverpool, Starmer said Tuesday that Britain is facing "renewal or decline." His comments come as the right-wing party Reform UK appears to be leading in the polls.

Bank bosses in the UK are calling for policy stability. Finance Minister Rachel Reeves' Autumn Budget is scheduled for Nov. 26. Ahead of it, CEOs from Barclays, Citi and J.P. Morgan told CNBC that the banking sector, while seeing an upturn, needs great clarity from the government.

Barclays CEO doubles down on the UK. That's despite the prospect of the government increasing taxes on the banking sector in its upcoming budget. C.S. Venkatakrishnan, the bank's chief, said the tax would "stifle growth," but still called the U.K. the bank's "home."

— Yeo Boon Ping

Quote of the weekWe have a modern industrial strategy, which is taking seven, eight sectors in the economy, and giving a 10-year plan for each of them. Businesses ... can see what the policy framework is going to be for a 10-year period.

— Peter Kyle, U.K. secretary of state of business and trade

In the marketsLondon-listed stocks have advanced over the past week, with the FTSE 100 up 1.38% from Sept. 23. It ended Tuesday at 9,350.43 points, with concerns surrounding a potential U.S. government shutdown weighing on investors' minds.

The yield on 10-year gilts ticked higher from 4.695% a week ago to 4.701% on Tuesday afternoon, as U.K. borrowing came into sharp focus during Chancellor Rachel Reeves' speech at the Labour party conference in Liverpool.

Meanwhile, sterling dropped 0.71% against the dollar over the last week, reaching $1.34.

Stock Chart IconStock chart icon

The performance of the Financial Times Stock Exchange 100 Index over the past year.

— Katrina Bishop

Coming upOct. 1: Nationwide Housing Prices

Oct. 6: U.K. new car sales data

Oct. 7: Halifax House Price Index

— Holly Ellyatt

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in IDT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

By Reuters

October 1, 20255:53 AM UTCUpdated ago

TotalEnergies signs at a petrol station in Nice, France, October 10, 2022. REUTERS/Eric Gaillard Purchase Licensing Rights, opens new tab

CompaniesOSLO, Oct 1 (Reuters) - Vaar Energi

(VAR.OL), opens new tab, majority owned by Italy's Eni

(ENI.MI), opens new tab, said on Wednesday it has agreed to buy TotalEnergies'

(TTEF.PA), opens new tab stake in Norway's Ekofisk PPF oilfield, lifting Vaar's stake to 52.3% from 12.4%.

Sign up here.

Reporting by Terje Solsvik; Editing by Muralikumar Anantharaman

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced the appointment of Cyrille Cotte as Managing Director and Head of Insurance for its European Financial Institutions Group (FIG), based in London and working across Europe with regional Co-Heads of Financial Services Coverage Nick Millar and Corso Bavagnoli.

Cyrille joins Lazard from Evercore, where he was a Partner and Senior Managing Director in the European Financial Institutions Group. Over his career, he has focused on advising a broad range of insurers and other financial services firms on mergers, acquisitions, capital raising, and strategic initiatives across Europe and internationally.

“Cyrille brings an impressive depth of knowledge and experience in the insurance and broader financial institutions sector,” said Cyrus Kapadia, Co-Head of European Investment Banking at Lazard. “He is widely respected for his work and leadership on complex cross-border transactions, and his addition will further strengthen our ability to support our clients in seizing the right opportunities and navigating a rapidly changing global financial landscape.”

“I am excited to welcome Cyrille in our European FIG team,” said Jean-Louis Girodolle, Co-Head of European Investment Banking at Lazard. “His recognised expertise and trusted relationships with an extensive range of global clients will enhance our ability to provide thoughtful and creative solutions for the insurance sector across the financial services spectrum.”

“I’m excited to join Lazard and contribute to the firm’s strong reputation for providing independent, strategic advice,” said Cyrille Cotte. “I look forward to collaborating with my new colleagues across geographies, sectors and products to help our clients achieve their strategic ambitions in today’s fast changing financial environment.”

With over 20 years of experience, Cyrille has advised insurers and financial institutions on numerous landmark transactions globally, including mergers, acquisitions, sales, public market transactions, capital raisings and strategic partnerships. His track record includes leading roles in the acquisition of German life insurer Viridium by Allianz, BlackRock, and T&D Holdings; Athora’s sale of its Irish Life business; and MetLife’s sale of its UK Pension Risk Transfer business. He has also worked on AXA’s acquisition of HSBC’s insurance operations in Asia and Latin America.

Before joining Evercore in 2016, Cyrille held senior roles at Citi’s EMEA Financial Institutions Group, Macquarie, Fox-Pitt Kelton, and EY in London and Paris. He holds a Master’s in Management from EDHEC Business School in Lille, France.

About Lazard

Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.

LAZ-CPE

More News From Lazard, Inc.

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Gold's special quality as an all-purpose, antianxiety asset for investors is evident in its performance. The metal is up 43% this year alone, compared with 14% for the S&P 500.

- New clinical data across ten accepted abstracts demonstrate significant progress across Astellas' innovative oncology programs -

- Results from the EV-303 trial (also known as KEYNOTE-905) in cisplatin-ineligible patients with muscle invasive bladder cancer selected for presentation in an ESMO Presidential Symposium -

, /PRNewswire/ -- Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, "Astellas") will present ten abstracts from our portfolio and advancing pipeline at the European Society for Medical Oncology (ESMO) congress taking place from 17-21 October 2025, including new data for PADCEV™ (enfortumab vedotin) plus pembrolizumab in muscle-invasive bladder cancer (MIBC) which will be presented in an ESMO Presidential Symposium on 18 October. In prostate cancer, we are sharing final best-in-class overall survival data for XTANDI™ (enzalutamide) in high-risk, biochemically recurrent non-metastatic hormone sensitive disease, plus encouraging data for our next-generation bispecific T cell engager ASP2138 in solid tumors, demonstrating continued leadership in CLDN18.2-targeted precision medicine.

Moitreyee Chatterjee-Kishore, Ph.D., M.B.A., Head of Oncology Development, Astellas
"Astellas focuses on some of the most complex and devastating cancers. These ESMO data demonstrate our 'bench to bedside' approach in action – from deep disease biology to measurable improvements in patient outcomes. We're proud to share breakthrough new survival data in muscle-invasive bladder cancer and overall survival data in hormone sensitive prostate cancer, which reflect potentially practice-changing advances that could transform outcomes for patients who need them most. We also continue to advance innovation in gastric and gastroesophageal junction cancer with new clinical data for our next-generation investigational bispecific T cell engager."

Highlights from Astellas at ESMO 2025 will include:

Data from the Phase 3 EV-303 (also known as KEYNOTE-905) clinical trial which will be featured in an ESMO Presidential Symposium, evaluating enfortumab vedotin in combination with pembrolizumab as neoadjuvant and adjuvant treatment (before and after surgery) versus surgery alone, the current standard of care, in patients with MIBC who are not eligible for or declined cisplatin-based chemotherapy.
Long-term follow-up data from the EV-302 clinical trial exploring the utility of enfortumab vedotin in combination with pembrolizumab for patients with challenging baseline characteristics, including older patients with locally advanced or metastatic urothelial cancer and those with comorbidities such as diabetes and chronic kidney disease.
Final data from the Phase 3 EMBARK trial assessing overall survival with enzalutamide in combination with leuprolide and as monotherapy in patients with non-metastatic hormone-sensitive prostate cancer (nmHSPC; also known as non-metastatic castration-sensitive prostate cancer or nmCSPC) with high-risk biochemical recurrence.
First clinical data from Astellas' investigational CLDN18.2-targeted, next-generation bispecific CD3 T cell engager ASP2138, both as a monotherapy and in combination with standard of care therapy.

Astellas Presentations at ESMO Congress 2025

Enfortumab vedotin

Presentation Title

Presenter

Presentation Details

Perioperative enfortumab vedotin plus pembrolizumab in participants with muscle-invasive bladder cancer who are cisplatin-ineligible: The phase 3 KEYNOTE-905 study

C. Vulsteke

Type: Presidential Symposium 1

Abstract Number: LBA2

Date: October 18,
16:52 - 17:04 CEST

Enfortumab vedotin and pembrolizumab in previously untreated locally advanced or metastatic urothelial cancer: An exploratory analysis in older patients and those with comorbidities from EV-302

N. Mar

Type: Poster

Abstract Number: 3073P

Date: October 18,
12:00-12:45 CEST

Enfortumab vedotin plus pembrolizumab as first-line treatment in recurrent or metastatic head and neck squamous cell carcinoma: Results from a cohort of the EV-202 trial

P.L. Swiecicki

Type: Mini oral

Abstract Number: 1329 MO

Date: October 19,
17:38-17:43 CEST

EV-103 Cohort K: Efficacy and safety of enfortumab vedotin with or without pembrolizumab in cisplatin-ineligible pts with previously untreated locally advanced or metastatic urothelial cancer with a median follow-up of ≈3.5 y

T.W. Friedlander

Type: Poster

Abstract Number: 3074P

Date: October 18,
12:00-12:45 CEST

Real-world use of enfortumab vedotin in patients with locally advanced or metastatic urothelial cancer previously treated with chemotherapy and immunotherapy in France

A. Fléchon

Type: ePoster

Abstract Number: 3111eP

Date: October 18, 12:00-12:45 CEST

Enzalutamide 

Presentation Title

Presenter

Presentation Details

Overall survival in EMBARK, a phase 3 randomised trial of enzalutamide or placebo plus leuprolide and enzalutamide monotherapy in patients with nonmetastatic hormone-sensitive prostate cancer with biochemical recurrence at high risk for metastasis

S.J. Freedland

Type: Proffered Paper

Abstract Number: LBA87

Date: October 19,
10:55-11:05 CEST

Baseline features and metastasis-free survival by prior definitive treatment in patients with high-risk biochemically recurrent prostate cancer: EMBARK post hoc analysis

N.D. Shore

Type: Poster

Abstract Number: 2461P

Date: October 18,
12:00-12:45 CEST

Pipeline

Presentation Title

Presenter

Presentation Details

ASP2138 monotherapy in patients with (CLDN18.2)+, advanced solid tumors: Phase 1/1b trial

K. Shitara

Type: Poster

Abstract Number: 2137P

Date: October 19,
12:00-12:45 CEST

ASP2138 monotherapy or in combination with pembrolizumab and mFOLFOX6 or with ramucirumab and paclitaxel in (CLDN18.2)+ locally advanced unresectable or metastatic gastric or gastroesophageal junction adenocarcinoma: Phase 1/1b trial

F. Dayyani

Type: Poster

Abstract Number: 2136P

Date: October 19,
12:00-12:45 CEST

Phase 1 trial of ASP5541 (PRL-02), a long-acting intramuscular depot injection of abiraterone decanoate, in patients with advanced prostate cancer

J. Avitia

Type: Poster

Abstract Number: 2443P

Date: October 18,
12:00-12:45 CEST

About Astellas
Astellas is a global life sciences company committed to turning innovative science into VALUE for patients. We provide transformative therapies in disease areas that include oncology, ophthalmology, urology, immunology and women's health. Through our research and development programs, we are pioneering new healthcare solutions for diseases with high unmet medical need. Learn more at www.astellas.com.

About the Pfizer, Astellas and Merck Collaboration

Seagen and Astellas previously entered a clinical collaboration agreement with Merck to evaluate the combination of Seagen's and Astellas' PADCEV™ (enfortumab vedotin) and Merck's KEYTRUDA™ (pembrolizumab) in patients with muscle-invasive bladder cancer (MIBC) who are not eligible for or declined cisplatin-based chemotherapy. Pfizer Inc. successfully completed its acquisition of Seagen on December 14, 2023. KEYTRUDA is a registered trademark of Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc., Rahway, NJ, USA (known as MSD outside of the United States and Canada).

About XTANDI and the Pfizer/Astellas Collaboration
In October 2009, Medivation, Inc., which is now part of Pfizer (NYSE:PFE), and Astellas (TSE: 4503) entered into a commercial agreement to jointly develop and commercialize XTANDI® (enzalutamide) in the United States, while Astellas has responsibility for manufacturing and all additional regulatory filings globally, as well as commercializing the product outside the United States. Pfizer receives alliance revenues as a share of U.S. profits and receives royalties on sales outside the U.S.

Cautionary Notes
In this press release, statements made with respect to current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Astellas. These statements are based on management's current assumptions and beliefs in light of the information currently available to it and involve known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such factors include, but are not limited to: (i) changes in general economic conditions and in laws and regulations, relating to pharmaceutical markets, (ii) currency exchange rate fluctuations, (iii) delays in new product launches, (iv) the inability of Astellas to market existing and new products effectively, (v) the inability of Astellas to continue to effectively research and develop products accepted by customers in highly competitive markets, and (vi) infringements of Astellas' intellectual property rights by third parties. Information about pharmaceutical products (including products currently in development) which is included in this press release is not intended to constitute an advertisement or medical advice.

SOURCE Astellas Pharma Inc.

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October 01, 2025 02:00 ET

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Diversified Energy PLC

Diversified Energy Announces Proposed Move of Primary Listing to the New York Stock Exchange

Diversified Will Retain UK Listing on the International Secondary Listing Category

Move Expected to Enhance Trading Liquidity, Increase Visibility with Investors, and Provide Strategic Capital Markets Benefits to Accelerate Growth

BIRMINGHAM, Ala., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (the “Company”) (LSE:DEC, NYSE:DEC) announced today that its Board of Directors, having evaluated the Company’s optimal public company listing venue, intends to move the Company’s primary listing to the New York Stock Exchange (“NYSE”) while retaining a secondary listing on the London Stock Exchange (“LSE”).

Today, the Company is substantially a US business, reporting in US dollars, with all the Company’s operating profit derived from its US operations, which is also the sole growth market for the business. The Company’s executive management team and operational headquarters are based in the US, all of its employees reside in the US and all its assets are located in the US.

Additionally, as of June 30, 2025, over 65% of the Company’s outstanding shares were held by US resident investors. The Company will start filing customary SEC financial statements and periodic reports as a US domestic filer with its year-end 2025 financial results.

The Board has been evaluating the optimal primary listing venue for the Company in the context of its business strategy for the benefit of all its stakeholders. In December 2023, the Company undertook an additional listing of its shares on the NYSE to complement its existing LSE listing. At this time, the Board has concluded that the US market is the natural long-term primary listing venue for the Company and that moving to a US primary listing, while retaining a secondary UK listing on the ESICC Category, is in the best interests of its shareholders.

In arriving at this conclusion, the Board considered several factors and potential benefits, including:

alignment of the primary listing venue with the Company’s business activity, leadership team, and employee baseincreased overall liquidity in the Company’s shares, given access to deeper US capital marketsincreased exposure to US investors through a primary US listing, including additional access to passive investment pools of capitalexpanded Company profile and access to high-quality equity investorssimplified share ownership for the wider employee base of the Company and expanded access to the recruitment and retention of top US talentoptimized positioning of the Company for inclusion in premier US equity indices and Exchange Traded Fundsretention of a secondary listing on the LSE to facilitate trading liquidity for non-US shareholder base The proposed venue change will be implemented by way of a UK scheme of arrangement which will require a formal vote by shareholders of the Company at a general meeting (“General Meeting”) to be approved by a majority in number of the registered shareholders voting in person or by proxy, representing 75% in value of the shares voted. It is currently expected that a shareholder circular containing details of the proposals will be published and that the General Meeting will take place in the coming weeks. Subject to shareholders voting in favor of the proposals at the General Meeting, the Board expects that the scheme of arrangement will take effect during the fourth quarter of 2025, after which the shares are expected to trade on the NYSE and on the equity shares (commercial companies) category of the Official List of the FCA (the “ESICC Category”) and the Main Market of the LSE.

Further announcements will be made in due course as the process advances.

For further information, please contact:

Diversified Energy Company PLC +1 973 856 2757Doug Kris [email protected] Vice President, Investor Relations & Corporate Communications www.div.energy   FTI Consulting [email protected]. & UK Financial Public Relations      About Diversified Energy Company PLC

Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our unique differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

Forward-Looking Statements

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). These forward-looking statements, which may contain the words "anticipate", "believe", "intend", "estimate", "expect", "may", "will", "seek", "continue", "aim", "target", "projected", "plan", "goal", "achieve", “opportunity” and words of similar meaning, reflect the Company's beliefs and expectations and are based on numerous assumptions regarding the Company's present and future business strategies and the environment the Company will operate in and are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of management or the Company concerning, among other things, statements regarding the reorganization, our transition to reporting as a US domestic filer, the General Meeting and the move of our primary listing to the NYSE and the retention of a secondary listing on the LSE, including the timing for such events, future communications regarding such events, their benefits and impact, descriptions of anticipated future liquidity and access to capital, and the inclusion of our equity securities in certain US equity indices or exchange traded funds. No representation is made that any of these statements or forecasts will be achieved. The reorganization and move to a primary listing may not be realized on the terms described in this release or at all. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely, including risks relating to the proposed reorganization, including the requirements for shareholder and court approvals, the move to a US primary listing, the Company’s transition to reporting as a US domestic filer, the potential that anticipated benefits such as enhanced liquidity, index eligibility and broader investor access may not be realized, as well as the risk factors described in the "Risk Factors" section in the Company's Annual Report and Form 20-F for the year ended December 31, 2024, filed with the SEC, and also including other important factors that could cause actual results to differ materially from those projected. Forward-looking statements speak only as of their date and neither the Company nor any of its directors, officers, employees, agents, affiliates or advisers expressly disclaim any obligation to supplement, amend, update or revise any of the forward-looking statements made herein, except where it would be required to do so under applicable law. As a result, you are cautioned not to place undue reliance on such forward-looking statements.

Item 1 of 2 Aishwarya Rai poses on the red carpet during arrivals for the screening of the film "La venue de l'avenir" (Colors of Time) Out of competition at the 78th Cannes Film Festival in Cannes, France, May 22, 2025. REUTERS/Sarah Meyssonnier/File Photo

[1/2]Aishwarya Rai poses on the red carpet during arrivals for the screening of the film "La venue de l'avenir" (Colors of Time) Out of competition at the 78th Cannes Film Festival in Cannes, France, May 22, 2025. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesBollywood couple fight for personality rights in New Delhi courtActors argue AI videos cause harm, should not be used in trainingCases could impact how YouTube allows video sharing with consentYouTube still shows Bollywood AI content with millions of viewsNEW DELHI, Oct 1 (Reuters) - In India, Bollywood stars are asking judges to protect their voice and persona in the era of artificial intelligence. One famous couple's biggest target is Google's

(GOOGL.O), opens new tab video arm YouTube.

Abhishek Bachchan and his wife Aishwarya Rai Bachchan, known for her iconic Cannes Film Festival red carpet appearances, have asked a judge to remove and prohibit creation of AI videos infringing their intellectual property rights. But in a more far-reaching request, they also want Google ordered to have safeguards to ensure such YouTube videos uploaded anyway do not train other AI platforms, legal papers reviewed by Reuters show.

Sign up here.

A handful of Bollywood celebrities have begun asserting their "personality rights" in Indian courts over the last few years, as the country has no explicit protection for those like in many U.S. states. But the Bachchans' lawsuits are the most high-profile to date about the interplay of personality rights and the risk that misleading or deepfake YouTube videos could train other AI models.

The actors argue that YouTube's content and third-party training policy is concerning as it lets users consent to sharing of a video they created to train rival AI models, risking further proliferation of misleading content online, according to near-identical filings from Abhishek and Aishwarya dated September 6, which are not public.

"Such content being used to train AI models has the potential to multiply the instances of use of any infringing content i.e. first being uploaded on YouTube being viewed by the public, and then also being used to train," the filings said.

Representatives for the Bachchans and Google spokespersons did not respond to Reuters' queries. The Delhi High Court last month asked Google's lawyer in court to submit written responses before the next hearing on January 15.

YouTube's India managing director, Gunjan Soni, last month described the platform as "the new TV for India". With around 600 million users, India is YouTube's biggest market globally, and it is popular for entertainment content like Bollywood videos.

LAWSUIT ALLEGES YOUTUBE VIDEOS ARE 'EGREGIOUS'Indian courts have already started to back Bollywood stars upset about generative AI content damaging their reputation. In 2023, a Delhi court restrained the misuse of Anil Kapoor's image, voice and even a catchphrase he often used.

Reuters is first to report details of the Bachchans' specific challenge against Google, which was contained in court filings spanning 1,500 pages where they mostly target little-known sellers for unauthorised physical merchandise like posters, coffee mugs and stickers with their photos, and even fake autographed pictures.

They are also seeking $450,000 in damages against Google and others, and a permanent injunction against such exploitation.

The lawsuits contain hundreds of links and screenshots of what they allege are YouTube videos showing "egregious", "sexually explicit" or "fictitious" AI content.

The judge in early September ordered 518 website links and posts specifically listed by the actors to be taken down, saying they caused financial harm to the couple and harmed their dignity and goodwill.

Reuters, however, found videos similar to the examples of infringing videos cited in Abhishek's papers on YouTube.

Among them: a clip showing Abhishek posing but then suddenly kissing a film actress using AI manipulation; an AI depiction of Aishwarya and her co-star Salman Khan enjoying a meal together while Abhishek fumes standing behind; and a crocodile chasing Abhishek as Khan tries to save him.

Khan was in a relationship with Aishwarya long before her marriage. His spokesperson did not respond to Reuters' queries.

AI CAN GENERATE BOLLYWOOD LOVE STORIESYouTube's data-sharing policy states creators can opt in to share their videos for training models of other AI platforms, like OpenAI, Meta and xAI. YouTube adds: "We can't control what a third-party company does" if users share videos for such training.

The Bachchans argue in their filings that if AI platforms are trained on biased content that portrays them in a negative manner and infringes their intellectual property rights, then AI models "are likely to learn all such untrue" information, leading to its further spread.

Eashan Ghosh, chair professor for intellectual property rights at the National Law University Delhi, said it would be difficult for actors to build a direct case against YouTube since their grievances are mostly with creators and personality rights infringement.

But "it wouldn't be beyond the pale for the court to nudge YouTube to write something into their user policies or set up a queue jump for celebrity claimants to get quicker responses to legal requests," he said.

YouTube in May disclosed that it had paid more than $2.4 billion to Indian creators in the last three years. The actors alleged that creators infringing their personality rights can make money when videos become popular.

Reuters found a channel on YouTube titled "AI Bollywood Ishq" that shares "AI-generated Bollywood love stories". Its 259 videos have garnered 16.5 million views. The most popular video with 4.1 million views shows an AI animation of Khan and Aishwarya in a pool, while another shows them on a swing.

In a tutorial, the channel explains it used simple text prompts to create an image via X's Grok AI and then turned it into a video using Chinese AI startup MiniMax's Hailuo AI. A Reuters test generated an AI video showing lookalikes of Bollywood stars Khan and Abhishek in a fistfight within five minutes.

Grok, MiniMax and the owner of YouTube channel @AIbollywoodishq did not respond to Reuters' queries. It was unclear whether the YouTube channel consented to sharing those videos for AI training.

"Content is made only for entertainment and creative storytelling," the channel's page said.

Reporting by Arpan Chaturvedi and Aditya Kalra; Editing by Jamie Freed

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Arpan is a correspondent for Reuters based in New Delhi, where he reports from the courts in India. He joined Reuters in 2022, and has been a part of the companies coverage team reporting on court cases spanning aviation, mining, human rights and other public interest issues.

Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's biggest companies. He joined Reuters in 2008 and has in recent years written stories on challenges and strategies of a wide array of companies -- from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He also extensively works on deeply-reported and investigative business stories.

  

Vancouver, BC:  September 30, 2025 – Uniserve Communications Corporation (the “Company” or “Uniserve”)(TSXV: USS)  a provider of IT solutions and services to business and residential customers in Canada wishes to announce its annual fiscal 2025 financial results.  Revenues for fiscal 2025 were $6,972K as compared to $6,439K for the prior fiscal year.  The annual fiscal 2025 Operating Loss was $1,681K compared to an Operating Loss of $239K for the prior fiscal year.  Net loss for fiscal 2025 was $1,899K as compared to Net loss of $191K for the prior fiscal year.  

About Uniserve

Uniserve delivers secure, reliable, and customized IT solutions that power your business forward. With offices in Vancouver, Calgary, and Waterloo, Uniserve provides a full suite of services across three core verticals: Data Centre Solutions, Managed IT Services, and Business Internet. Our data centre infrastructure ensures maximum uptime, security, and scalability - so when your IT runs right, your people and your business thrive.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.

Learn more at www.uniserve.com or at www.sedarplus.ca.       

Kwin Grauer  

Chairman of the Board

Interim CEO

For more information please call 604-395-3961 or email [email protected].

Neither TSX Venture Exchange nor its Regulations Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management’s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.