Business News

Manulife announces $3.2 billion long-term care reinsurance transaction with Munich Re

• Company's third LTC reinsurance transaction and first on a standalone LTC block, highlighting Manulife's ability to transact in various structures• Full risk transfer on the biometric risk with no asset transfer • Upon closing, Manulife will have cumulatively reduced LTC risk by 24% TORONTO, Aug. 6, 2026 /PRNewswire/ -- Manulife Financial Corporation...

OceanaGold Reports Second Quarter 2026 Results

(All financial figures in United States dollars unless otherwise stated) Produced 138,800 ounces of gold, on track to deliver on full year guidance. Strong Free Cash Flow† of $130 million, with cash of $655 million and no debt at quarter end. Advanced growth projects and returned $78 million to shareholders via buybacks and dividends. VANCOUVER, BC, Aug....

LingEQ Study Finds: The Most Cognitively Dense Paper in 90 Years of AI History Was Not Written About AI

 New cognitive linguistic entropy measurement finds Claude Shannon's communications paper surpasses both the Turing Machine (1936) and the Turing Test (1950) — LingEQ Engine launched globally August 1 SILICON VALLEY, Calif., Aug. 6, 2026 /PRNewswire/ -- A study applying linguistic entropy measurement to 50 landmark AI papers — spanning 1936 to 2025 —...

DXC Appoints Lisa Beaudoin as Chief Product Officer to Accelerate Product-Led Growth

Lisa Beaudoin appointed Chief Product Officer, leading a newly unified product development organization across DXC Beaudoin most recently led the development and launch of DXC OASIS, the company's AI-powered orchestration platform for managed services, now in production with 57 customers Appointment follows the recent naming of Paul Taylor as President, Dan Gray as President, Global Infrastructure Services and...

China and U.S. Business Communities Strengthen Ties, Explore New Opportunities for Supply Chain Cooperation

CHICAGO, Aug. 5, 2026 /PRNewswire/ -- On July 30, 2026, the China-U.S. Economic and Trade Cooperation Forum and the 5th China International Supply Chain Expo (CISCE) Roadshow was held in Chicago. More than 180 business and government representatives from both countries were brought together for discussions. U.S.-China Economic and Trade Cooperation...

OiiOii AI Launches AI Music Video Creator That Turns Songs Into Fully Produced Music Videos in Minutes

New end-to-end AI workflow analyzes music, understands lyrics, builds storyboards, generates cinematic visuals, and delivers professionally edited music videos in one creative process LOS ANGELES, Aug. 5, 2026 /PRNewswire/ -- OiiOii AI, the AI-powered creative platform designed to help creators produce professional-quality content with teams of intelligent AI agents, today announced the launch of its AI Music Video feature—an...

Wizstar Among the First to Integrate Seedance 2.5

NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Wizstar will be among the first platforms to integrate Seedance 2.5, bringing the next generation of AI video creation to creators and enterprises. As AI video technology continues to evolve, users are demanding longer, higher-quality, and more controllable video generation. The integration of Seedance 2.5 will further expand Wizstar's AI video capabilities,...

Envision and Sasol Advance Future Energy Systems with Green Hydrogen Collaboration in South Africa

CHIFENG, China, Aug. 5, 2026 /PRNewswire/ -- Envision Energy, a global leader in green technology, today announced a collaboration with Sasol, a global energy and chemicals company, to advance the design study of a potential green hydrogen system at Sasol's Sasolburg operations in South Africa. The collaboration marks an important step in exploring how future energy system can integrate...

KPJ Healthcare and SingHealth Mark Strategic Partnership to Strengthen Future Healthcare Capabilities

JOHOR BAHRU, Malaysia, Aug. 5, 2026 /PRNewswire/ -- KPJ Healthcare Berhad ("KPJ Healthcare") marked the commencement of a strategic partnership with SingHealth, Singapore's largest and leading healthcare cluster, through the signing of a Memorandum of Understanding ("MoU"), establishing a long-term framework for collaboration in healthcare innovation, clinical research, education and medical simulation. Prof. Dato' Dr Hanafiah Harunarashid,...

Forbes Travel Guide Expands; Mandarin Oriental Headlines Inaugural Debut Collection

New Debut and Curated discovery collections offer travelers and travel advisors more trusted luxury options worldwide ATLANTA, Aug. 5, 2026 /PRNewswire/ -- Forbes Travel Guide (FTG), the global authority on luxury hospitality, today announced the launch of its Debut and Curated discovery collections, expanding the world's most trusted luxury travel guide with...
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