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Global Times interview with Maria João Rodrigues on China-Europe relations

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BEIJING, Dec. 3, 2024 /PRNewswire/ — The 2024 Understanding China Conference is being held in Guangzhou, capital of South China’s Guangdong Province, from Monday to Wednesday. What is the significance of understanding China? How should Europe understand China amid a time of global turmoil and changes? Are more Europeans willing to have a positive interaction with China? Maria João Rodrigues (Rodrigues), president of the Foundation for European Progressive Studies and former member of the European Parliament, discussed these issues with Global Times (GT) reporter Li Aixin.

GT: On the topic of “understanding China,” what do you think is the most important aspect for the world to understand about China?

Rodrigues: I’ve been in China for several important moments. I first came in 1997, quite a long time ago, and I’ve witnessed how China has moved through different stages of development. I must say that, in my case and for many others, this is quite impressive because, in a very short period of time, China has been able to address critical issues.

China has almost eradicated absolute poverty and is steadily improving the average living standards of Chinese people. This is remarkable because we are talking about a massive transformation of a country on a very large scale, achieved in a relatively short time. I know that behind this progress lies a well-prepared strategy.

The fact that China has been able to combine two key features of development is remarkable. One of these features is innovation. China has been able to innovate new products and services for the domestic population, while also exporting them around the world. The other key feature is social inclusion. There is a strong focus on social inclusion within China, addressing the needs of the population at large and systematically improving living conditions. Achieving both of these things at the same time is not easy, but China is a prime example of how this can be done.

GT: You once mentioned, “instead of being systematic rivals, Europe and China should be global partners to improve global governance. This can make a big difference for the world.” Could you elaborate on this?

Rodrigues: It is true that we started with a very intensive partnership – we are partners. Then, competition is also part of our relationship. But on the global level, China and Europe can do a lot together to tackle global challenges, starting with climate change, sustainable development as a whole, reducing poverty, and supporting developing countries to catch up more quickly on sustainable development goals.

To achieve this, they need to rely on stronger financial resources, trade opportunities and technological cooperation. Europe and China both have important resources in technology, trade and finance. Together, they can truly support developing countries in catching up.

GT: Is the number of people in Europe who are willing to understand and engage in dialogue with China, increasing or decreasing?

Rodrigues: I would say that we have mixed trends. Europeans are very interested in China because it is an ancient civilization, a civilization they recognize as being sophisticated. They admire it because Europe, too, is an old civilization, and we relate to each other well in that regard.

Furthermore, the European population has benefited greatly from importing many goods from China, which has also helped improve living standards in Europe. This openness between China and Europe has continued. But more recently, because China has become very successful and is now a highly competitive economy, some sectors in Europe are feeling the pressure. China has a trade surplus with Europe, and European authorities are addressing this with their Chinese counterparts, saying – let’s cooperate, but in a way that this trade surplus is reduced.

GT: The EU decided to impose tariffs of up to 45.3 percent on Chinese-made electric vehicles (EVs) from October 30. Do you see any solution to this dispute between China and Europe?

Rodrigues: The starting point of this issue is related to China’s success. China was able to start producing EVs that are cheaper and more affordable for the middle class. Europe, however, is still not there, as it began producing EVs, but only for the high-end market.

We need to maintain openness. Trade opportunities should remain open for both sides – China and Europe. Therefore, what I believe should be done from the European side is to develop an industrial plan to produce EVs for the middle class in Europe, which are more affordable.

I think this is on the horizon. The main carmakers in Europe are preparing to achieve this goal. Once they do, we can have natural competition between Chinese and European brands in open markets and trade. This is my hope, but we will have to see.

I can also tell that within EU institutions, there is a discussion on what the plan should be – an industrial plan to develop electric cars that should be cheaper and more affordable. So, this discussion is also taking place in European institutions.

If the resolution can be reached, Europe and China will give a strong signal to the world that we don’t believe in a protectionist reaction. Regarding trade, we prefer to have openness.

GT: Will the next US administration bring more opportunities or more risks for China–Europe relations?

Rodrigues: There is something very important to understand – Europe will define its relationship with China on its own. Europe needs to have its own criteria to assess why a relationship with China is important and under what conditions. This is something that the EU must do on its own.

The EU is a political entity that truly wants to maintain openness to the world and develop international cooperation to address global challenges. We also want a stronger multilateral system.

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SOURCE Global Times

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SpeedBuilder Systems Celebrates 25 Years of Building Technology and Lasting Relationships in the P&C Insurance Industry

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From its beginnings with a rating solution to an integrated insurance platform, SpeedBuilder Systems marks a quarter-century of helping insurers adapt, innovate, and grow.

COLUMBIA, S.C., Oct. 20, 2026 /PRNewswire/ — SpeedBuilder Systems, Inc. (SBS), an award-winning provider of software-as-a-service (SaaS) solutions for the property and casualty (P&C) insurance industry, is celebrating its 25th anniversary, marking a quarter-century of delivering flexible insurance technology and building long-term relationships with its clients.

Founded on October 10, 2001, by Rod Giess, president of SpeedBuilder Systems, the company began with a vision and a rating solution designed to help insurers bring products to market more efficiently.

“When I started SpeedBuilder Systems, my goal wasn’t to be the biggest. It was simply to be the best at delivering quality technology that would help our clients get to market as quickly as possible,” said Giess. “I believed then, as I do today, that innovative insurance companies deserve access to sophisticated technology, regardless of their size.”

As the business developed, Giess recognized the need for a policy administration system to complement the company’s rating solution. What began as two complementary capabilities has grown into the BindExpress Suite, an integrated insurance platform supporting policy administration, rating, underwriting, billing, claims, and other core insurance operations. Designed for small to medium-sized property and casualty insurers and managing general agents (MGAs), the platform provides the flexibility to accommodate unique business requirements while supporting growth and changing market demands.

Throughout its history, SBS has maintained a consistent philosophy: technology should support an insurer’s business objectives rather than dictate how the organization operates. That approach is reflected in the company’s commitment to configurable software, long-term technology planning, and close collaboration with its clients.

“I’m very proud of how far this company has come, but what means the most to me are the relationships we’ve built along the way,” Giess continued. “Our clients have trusted us with an important part of their businesses, and we’ve never taken that responsibility lightly. I’m grateful to our clients for their continued partnership and to our team, past and present, whose dedication and hard work have brought us to this milestone.”

As SpeedBuilder Systems looks ahead, the company remains committed to helping insurers adapt to an evolving industry while maintaining greater control over their technology and business operations. The company will continue investing in its technology, strengthening client relationships, and supporting insurers as they pursue new opportunities.

About SpeedBuilder Systems

Founded in 2001, SpeedBuilder Systems, Inc. provides enterprise-class insurance software solutions for small and medium-sized property and casualty insurers and MGAs. Its BindExpress Suite® is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, claims, automated workflow, and document generation. The company’s AlwaysCurrent Architecture™ enables customers to tailor the system to their unique requirements while adopting future product enhancements without costly retrofitting of customized code.

For more information, visit www.speedbuildersystems.com.

Media Contact
Amy Gillespie
SpeedBuilder Systems, Inc.
agillespie@speedbuildersystems.com

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SOURCE SpeedBuilder Systems, Inc.

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Ally Financial reports third quarter 2026 financial results

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CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ — Ally Financial (NYSE: ALLY) today reported its third quarter 2026 results. View full press release in PDF.

The news release, presentation and financial supplement can be accessed in the following ways:

Ally Financial Press Room at https://media.ally.comAlly Financial Investor Relations website at https://ally.com/about/investor/

Ally will host a conference call at 9 a.m. ET to review the company’s performance. The call will include a review of the results, followed by a question and answer session.

Conference Call Information: Conference call participation is available via webcast or dial-in. The webcast will be live on Ally’s Investor Relations website in the Events & Presentations section (https://www.ally.com/about/investor/events-presentations/index.html).

To join the conference via dial-in, please pre-register via the following link at least 15 minutes before the call begins: https://register-conf.media-server.com/register/BI8d7b2a06520a45f6ac94fe9a466d5343. Upon registration, you will be provided with the conference dial-in number as well as a unique registrant ID.

A replay of the call will be available via webcast on the Ally Investor Relations website.

About Ally Financial
Ally Financial Inc. (NYSE: ALLY) includes the nation’s largest all-digital bank and auto finance business, driven by a mission to “Do It Right” for its customers and communities. Ally is a U.S. financial holding company with $203 billion in assets and 9.7 million customers (as of September 30, 2026). Ally Bank, Member FDIC, offers online banking products, including high-yield savings and no hidden fee checking, and was the first major U.S. bank to eliminate overdraft fees. Ally also provides investing solutions through Ally Invest, including online brokerage, automated investing, IRAs and personal advice. As a leader in auto finance, Ally provides consumer and dealer financing, insurance, and vehicle remarketing services. Ally’s seasoned corporate finance business provides capital to equity sponsors and middle-market companies. Visit ally.com.

Contacts:

Dan Ignacio
Ally Investor Relations
704-444-5107
dan.ignacio@ally.com

Peter Gilchrist
Ally Communications (Media)
704-644-6299
peter.gilchrist@ally.com

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SOURCE Ally Financial

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ITURAN LOCATION AND CONTROL LTD. SCHEDULES THIRD QUARTER 2026 RESULTS RELEASE AND CONFERENCE CALL FOR NOVEMBER 24, 2026

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Conference Call Scheduled at 9am Eastern Time

AZOUR, Israel, Oct. 20, 2026 /PRNewswire/ — Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2026 results on Tuesday, November 24, 2026.

The Company will be hosting a video conference call later that day via Zoom, starting at 9am Eastern Time, 6am Pacific Time and 4pm Israel time. On the call, management will review and present the results and will be available to answer investor questions.

To participate in the Zoom call, please register at the following link:
https://us06web.zoom.us/webinar/register/WN_9R8KjpHlR4GccJZZdrYPEQ  

Following registration, you will be sent the link to the conference call which is accessible either via the Zoom app, or alternatively from a dial-in telephone number. If you have an issue with registration, please contact the Ituran investor relations team, well in advance of the call.

For those unable to participate, the call will be available for replay through the same link, or from a link to the recording on Ituran’s website, beginning within a few hours following the end of the call.

About Ituran

Ituran is a leader in the mobility technology field, providing value-added location-based services, including a full suite of services for the connected car. Ituran offers Stolen Vehicle Recovery, fleet management, as well as mobile asset location, management and control services for vehicles, cargo and personal security for the retail and insurance industries and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel Aviv-based DRIVE startup incubator to promote the development of smart mobility technology.

Ituran’s subscriber base has been growing significantly since the Company’s inception to over 2.7 million subscribers using its location-based services with a market-leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, India, Canada and the United States.

For more information, please visit Ituran’s website, at: www.ituran.com

 

 

Company Contact

Udi Mizrahi

Deputy CEO and VP Finance, Ituran

udi_m@ituran.com

(Israel) +972 3 557 1348

International Investor Relations

Ehud Helft

EK Global Investor Relations

ituran@ekgir.com

(US) +1 212 378 8040  

 

 

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SOURCE Ituran Location and Control Ltd.

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