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Global Times: Xi calls for advancing strategic partnership of cooperation with Nepal as Nepali PM visits Beijing

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BEIJING, Dec. 4, 2024 /PRNewswire/ — Chinese President Xi Jinping met with Nepali Prime Minister KP Sharma Oli in Beijing on Tuesday, pledging efforts to advance its strategic partnership of cooperation with Nepal. 

Expressing appreciation for Oli’s firm commitment to promoting friendship between the two sides over a long period of time, Xi said China and Nepal, linked by the same mountains and rivers, are good neighbors, good friends and good partners, and bilateral relations have maintained sound and steady development. 

Noting that next year marks the 70th anniversary of the establishment of diplomatic relations, Xi said China places Nepal in an important position in its neighborhood diplomacy, and is willing to work with Nepal to consolidate their traditional friendship and push for new progress in advancing the ChinaNepal strategic partnership of cooperation featuring ever-lasting friendship for development and prosperity. 

Stressing that China respects Nepal’s choice to follow a development path suited to its national conditions, Xi said that China supports Nepal in safeguarding its national independence, sovereignty and territorial integrity. China is ready to work with Nepal to consolidate strategic mutual trust and provide staunch support on issues concerning each other’s core interests, he added.

Xi expressed China’s willingness to deepen pragmatic cooperation with Nepal, advance high-quality Belt and Road cooperation, and strengthen cooperation in such fields as ports, transportation, power grids and communication.

China is ready to continue offering assistance to Nepal’s economic and social development within its capacity, and to encourage Chinese enterprises to invest and do business in Nepal, Xi said.

He noted that China supports Nepal’s declaration of 2025 as Nepal Visit Year in China, and welcomes Nepali friends to travel to China for business, tourism and study.

China is willing to strengthen coordination with Nepal within multilateral platforms such as the United Nations, with the aim of defending the common interests of developing countries, Xi said.

Oli said that as a friend of China, Nepal is deeply proud of and inspired by China’s remarkable development achievements, and hopes to learn from China’s experience to boost its own development.

Noting that there are no problems, only friendship, between Nepal and China, Oli thanked China for providing various valuable support to Nepal. Nepal welcomes more Chinese enterprises to invest in the country and deepen cooperation in various fields, he said.

Both Xizang and Taiwan are inalienable parts of China’s territory, Oli said. Stressing that Nepal firmly adheres to the one-China principle, he said the country will not allow any force to use its territory for anti-China activities or to harm China’s interests, and that Nepal opposes any foreign interference in China’s internal affairs.

A joint statement by the People’s Republic of China and Nepal was also issued on Tuesday.

Chinese Premier Li Qiang and Chairman of the National People’s Congress Standing Committee Zhao Leji also held talks with Nepali Prime Minister Oli in Beijing on Tuesday, the Xinhua News Agency reported.

Strive for new progress

As the two neighboring countries celebrate the 70th anniversary of the establishment of diplomatic relations, experts expect Oli’s visit to further advance bilateral ties to a new height, deepen the traditional friendship by accelerating practical cooperation in various fields, and boost the two sides’ coordination on regional issues of mutual interest.

As some Indian media have hyped that Oli has broken the “tradition” of a Nepalese leader by visiting China first instead of India, experts emphasized that cooperation between China and Nepal does not target any third party, instead, the two are always committed to promoting regional development, peace and stability.

Hu Zhiyong, a research fellow with the Institute of International Relations at the Shanghai Academy of Social Sciences, said that the choice of China as the first foreign country to visit after Oli took office in July shows that the Nepalese government attaches great importance to ChinaNepal relations and regards the development of relations with China as the main direction of its diplomatic work.

Qian Feng, director of the research department of the National Strategy Institute at Tsinghua University, said that making Nepal’s economy “catch the express train” of China’s high-quality economic development is the main focus of his visit.

China and Nepal signed a Memorandum of Understanding (MoU) on bilateral cooperation under the framework of the Belt and Road Initiative in May 2017. President Xi paid a state visit to Nepal in October 2019. 

Qian said due to political changes in Nepal and the impact of the pandemic, some cooperation between the two countries cannot be smoothly implemented. “Prime Minister Oli hopes to make up for lost time.”

In addition to meetings with Chinese leaders, the Nepalese prime minister is scheduled to address the Nepal-China Business Forum and deliver a keynote speech at Peking University, according to a release from Nepal’s Ministry of Foreign Affairs.

For China, Nepal is not only an important BRI partner, but also, as a close and friendly neighbor, plays an important role in contributing to maintaining social security and stability in ethnic areas in Xizang, Qian said.

Not targeting third party

Indian media has been closely following Oli’s China visit. Calling Oli “a pro-China leader,” Indian media the Hindustan Times noted that Oli broke with “the usual practice of Nepali prime ministers making India their first destination in the neighborhood after assuming charge, amid media reports that he did not get an invitation from New Delhi.”

India’s Business Standard described Oli as a “veteran communist politician,” who “seeks to reduce its traditional dependence on India.” The media outlet also raised “debt concerns” regarding a $216 million loan from China to build an international airport in Pokhara.

The development of bilateral relations between China and Nepal is in the fundamental interests of the two nations and their people and leaves no room for a third party to sow discord about it, Qian said.

China respects Nepal’s right to independent development and hopes India, which has significance influence on Nepal, refrains from meddling and interfering in Nepal as in the past, Qian stated.

For Hu, the friendly development of ChinaNepal relations between China and Nepal is objectively of great importance to enhancing China’s influence in South Asia. But some in India are overly nervous and sensitive about the visit of Nepal’s Prime Minister to China.

New Delhi should not overly interpret the ChinaNepal cooperation, which does not target any third party… Instead, the cooperation is conducive to promoting regional common development and safeguarding regional stability.”

Hu stressed that many South Asian countries like Pakistan, Bangladesh, Sri Lanka and Maldives have achieved their own development by participating in BRI projects. “The BRI is a big cake for cooperation. Nepal wants to share the cake as well,” Hu said.

According to official statistics, China is the second-biggest trade partner of Nepal. Bilateral trade volume between China and Nepal in 2023 was $1.8 billion, an increase of 9.1 percent year-on-year. From January to August 2024, trade volume between China and Nepal was $1.28 billion, surging 18 percent year-on-year.

Bilateral trade between China and Nepal accounts for 17 percent of Nepal’s total, according to the Xinhua News Agency, citing Ramesh Aryal, deputy director general of the customs department of Nepal’s Ministry of Finance. Meanwhile, India is Nepal’s largest trading partner, accounting for more than 65 percent of its total trade, the Kathmandu Post said.

“Given China’s growing strength and influence, especially as China and Nepal both seek to establish a closer cooperative relationship with each other, China’s share is bound to rise further… But the trend of India as Nepal’s most influential economic partner is also long-standing, given the geographical and cultural advantages of India’s relations with Nepal,” Qian said.

In fact, in terms of cooperation with Nepal, the two major countries jointly play a more positive role in helping their common neighbor develop its economy and improve people’s livelihood, rather than holding a narrow perspective and falling into a vicious competitive relationship, Qian commented.

 

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SOURCE Global Times

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FULTON FINANCIAL CORPORATION APPOINTS DAVID S. SCHULZ TO BOARD OF DIRECTORS

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LANCASTER, Pa., July 21, 2026 /PRNewswire/ — Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) today announced the appointment of David S. Schulz as a member of its board of directors (the “Board”) for a term commencing September 14, 2026 and expiring at Fulton’s 2027 annual meeting of shareholders.

“We’re excited to welcome Dave to Fulton’s board of directors,” said Curt Myers, Fulton Chairman, CEO, and President. “Dave brings extensive financial leadership experience gained through more than a decade of service with publicly traded companies. His expertise in finance, strategic planning, risk, and mergers and acquisitions will provide valuable perspective as we continue to execute our growth strategy and create long-term value for our shareholders, customers and communities.”

With the addition of Schulz, Fulton’s Board will have 11 members, and he will serve on the Audit and Risk committees. Schulz has also been appointed to the board of directors of Fulton’s banking subsidiary, Fulton Bank, N.A.

Schulz served as Senior Vice President and Chief Financial Officer of Wesco International, Inc. (“Wesco”) from 2016 to June 2020, Executive Vice President and Chief Financial Officer of Wesco from June 2020 to February 2026 and as Executive Vice President and Special Advisor to the CEO of Wesco from February 2026 until his retirement on May 31, 2026. 

Prior to joining Wesco, Schulz served as Senior Vice President and Chief Operating Officer of Armstrong Flooring, Inc. and was previously Senior Vice President and Chief Financial Officer of Armstrong World Industries, Inc. and Vice President of Finance of the Armstrong Building Products division.

Before joining Armstrong World Industries in 2011, he held various financial leadership roles with Procter & Gamble and The J.M. Smucker Company. He was also an officer in the United States Marine Corps.

In 2025, Schulz joined the board of Sterling Infrastructure, Inc., and he was appointed as chair of the audit committee in 2026. He also serves on the company’s compensation and talent development committee.

ABOUT FULTON FINANCIAL CORPORATION

Fulton, a $34 billion Lancaster, Pa.-based financial holding company, has more than 3,400 employees and operates more than 215 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Contact: Steve Trapnell
717-291-2739

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SOURCE Fulton Financial Corporation

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Octavio Marquez Elected to MSA Safety Board of Directors

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PITTSBURGH, July 21, 2026 /PRNewswire/ — The Board of Directors of MSA Safety Inc. (NYSE: MSA), a global leader in the development of advanced industrial safety technology products and solutions, today announced that Octavio Marquez, president and chief executive officer of Diebold Nixdorf, has been elected to the company’s Board of Directors. His election was part of the MSA Board’s regular succession plans.

“We are very pleased to have the opportunity to add Octavio to the MSA Board,” said Robert A. Bruggeworth, MSA chairman. “He brings a broad range of executive leadership experience, including strategy development, capital allocation, business transformation and serving international markets, which will serve MSA well.”

“Octavio’s perspectives will be an asset to me and our entire Executive Leadership Team,” said Steven C. Blanco, MSA president and CEO. “It is a pleasure to welcome Octavio to MSA, and I look forward to working with him.”

Mr. Marquez joined Diebold Nixdorf in 2014 and has held senior leadership roles across the company’s Global Banking organization and its Americas region, including as executive vice president of Global Banking and senior vice president of the Americas. Before joining Diebold Nixdorf, Mr. Marquez held leadership positions at Dell EMC, Hewlett Packard Enterprise, IBM and NCR.

Diebold Nixdorf automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, its integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of customers every day. Headquartered in North Canton, Ohio, Diebold Nixdorf employs approximately 20,000 employees globally, supporting more than 100 countries.

Mr. Marquez holds a degree in business and finance from Universidad Iberoamericana and has completed executive education programs at MIT Sloan, The Wharton School and The University of Texas at Austin.

About MSA Safety

MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced industrial safety technology products and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2025 revenues of $1.9 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania, and employs a team of approximately 5,300 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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SOURCE MSA Safety

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BlueFolder Field Service Software Launches New AI-Powered Features to Transform How Teams Work

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New AI capabilities instantly surface customer insights and transform technician notes into actionable summaries to help field service teams work faster, stay aligned, and deliver better service

AUBURN, Ala., July 21, 2026 /PRNewswire/ — BlueFolder field service software recently announced the launch of two powerful new AI features: AI-Powered Customer Summaries and AI-Powered Field Notes Summarization. Together, these capabilities are designed to eliminate the time-consuming, manual work of reviewing fragmented customer records and lengthy technician notes—giving field service teams instant clarity to respond faster, make smarter decisions, and deliver exceptional service.

BlueFolder expands it’s field service and work order management suite with two exciting new AI field service features.

Built directly into the BlueFolder platform, both features leverage artificial intelligence to automatically compile and summarize complex, unstructured data into clear, easy-to-read overviews. The result: technicians, dispatchers, and managers always have the context they need, right when they need it.

AI-Powered Customer Summaries

As field service organizations grow, customer information becomes increasingly scattered across emails, service request logs, and communication histories. BlueFolder’s AI Customer Summary feature addresses this challenge head-on by consolidating those interactions into a single, actionable snapshot.

Instead of manually digging through multiple records before a service call or customer interaction, teams can now access a real-time summary highlighting key concerns, past service activity, and recent updates. The feature goes beyond basic summarization and surfaces critical business insights such as equipment past due for maintenance, approaching warranty expirations, and proactive revenue opportunities, empowering teams to recommend follow-ups or upgrades directly from the customer record.

Built-in traceability links each summary back to its original source communications, so users can validate insights with confidence, ensuring both speed and accuracy in every customer interaction.

AI-Powered Field Notes Summarization

In many service organizations, technicians log updates across multiple visits, often resulting in long, fragmented notes that are difficult to review at a glance. BlueFolder’s AI Field Notes Summarization feature solves this by automatically condensing multiple technician entries into a structured summary that highlights key milestones, actions taken, and next steps.

Rather than scrolling through pages of updates, managers and dispatchers can immediately understand job status and determine what needs to happen next, improving alignment between field and office teams, accelerating decision-making, and reducing miscommunication. The feature is especially valuable for complex or multi-day jobs, where clear continuity and smooth technician handoffs are critical to delivering consistent service. It’s another featuring making BlueFolder’s work order management software capabilities stronger every day.

“History is one of the most powerful tools a service team has — the problem is it’s usually buried. BlueFolder’s new AI features fix that. Your team walks into every interaction already knowing the customer, knowing the equipment, and exactly where things stand. That changes the entire experience,” says John Shaw, VP, Technology, Service Operations.

AI as a Core Part of the BlueFolder Platform

The launch of these two features reflects BlueFolder’s broader commitment to embedding AI throughout its field service management software as an integrated layer of intelligence that makes every workflow smarter. Rather than requiring teams to change how they work, BlueFolder’s AI capabilities are designed to surface the right information at the right moment automatically, within the tools that technicians, dispatchers, and managers already use every day.

“AI is transforming what’s possible in field service, and BlueFolder is answering that call. These features are the result of deep platform expertise and a clear vision for where the industry is headed. We’re embedding intelligence throughout the platform because we know it makes our customers more competitive, more efficient, and better positioned to grow,” says Stephen Myslicki, Group President of Field Services.

Availability

Both AI-Powered Customer Summaries and AI-Powered Field Notes Summarization are available now to BlueFolder customers as optional, easy-to-enable features within the platform. They are part of BlueFolder’s growing suite of AI-driven capabilities designed to help field service organizations operate more efficiently and scale with confidence.

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SOURCE BlueFolder

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