Connect with us

Technology

The Week in Canadian Press Releases: 10 Stories You Need to See

Published

on

A roundup of the most newsworthy press releases from Cision Distribution this week

TORONTO, Feb. 28, 2025 /CNW/ – With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

Innergex Enters into Definitive Agreement to be Acquired by CDPQ for $13.75 per share 
The Transaction will be implemented by way of a plan of arrangement under the Canada Business Corporations Act and is subject to approval by certain regulatory bodies and court approval, after considering the procedural and substantive fairness of the Transaction. The Transaction is not subject to any financing condition.Royal Bank of Canada Reports First Quarter 2025 Results
Our consolidated results reflect an increase in total PCL of $237 million from a year ago, mainly reflecting higher provisions in Commercial Banking, Wealth Management and Personal Banking, partially offset by lower provisions in Capital Markets. The PCL on loans ratio of 42 bps increased 5 bps from the prior year.Bell Canada launches AI-powered network operations solution built on Google Cloud 
Built using Google Cloud’s products and services—including Google Kubernetes Engine (GKE), BigQuery, Pub/Sub, and custom AI/ML models—Bell’s AI Ops solution introduces a new level of network intelligence. The system autonomously correlates network data and customer experiences to better prioritize issues.CIBC Announces First Quarter 2025 Results 
Results for the first quarter of 2025 were affected by the following item of note resulting in a negative impact of $0.01 per share: 
     – $12 million ($8 million after-tax) amortization of acquisition-related intangible assets.
Our CET1 ratio(4) was 13.5% at January 31, 2025, compared with 13.3% at the end of the prior quarter. CIBC’s leverage ratio(4) and liquidity coverage ratio(4) at January 31, 2025 were 4.3% and 132%, respectively.Simpson Oil Limited Issues Public Letter to Board of Parkland Corporation 
Simpson Oil Limited (“Simpson Oil”) is the largest shareholder of Parkland Corporation (“Parkland” or “the Company”), currently holding 19.8% of the outstanding common shares. We are writing to you to share our views on Parkland’s future. We will release a copy of this letter publicly so that our perspective is available to all shareholders.COBS Bread invites you to turn your Elementary School music lessons into free hot cross buns on March 1st
As Canadians, it’s a rite of passage to learn how to play a plastic recorder and master a simple song — Hot Cross Buns. While that skill may not come in handy often, COBS Bread is encouraging Canadians to put it to use, celebrating music, childhood memories, and, of course, COBS Bread hot cross buns!National Bank reports its results for the First Quarter of 2025 
The financial information reported in this document is based on the unaudited interim condensed Consolidated Financial Statements for the quarter ended January 31, 2025 and is prepared in accordance with International Financial Reporting Standards (IFRS® Accounting Standards) as issued by the International Accounting Standards Board (IASB), unless otherwise indicated. IFRS Accounting Standards represent Canadian generally accepted accounting principles (GAAP). All amounts are presented in Canadian dollars.Scotiabank reports first quarter results 
“Our results this quarter demonstrate the value of our diversified franchise and continued focus on deepening relationships with clients across our footprint,” said Scott Thomson, President and CEO of Scotiabank. “We are encouraged by the progress towards our stated medium-term financial objectives and remain focused on supporting our clients as they navigate through this challenging period of economic uncertainty.”Hard Rock Hotel London, Ontario Takes Center Stage Spring 2025 
Guests and locals will discover innovative culinary and beverage concepts, including GMT-5 bar, Sessions Restaurant & Bar, and a unique speakeasy appropriately named after the year the Kellogg’s Factory opened – 1913. The mixologist driven bar will feature cereal infused libations as an ode to the venue’s history.A&W’s Stackers and its secret sauce are back! 
The Stackers’ rich and savoury secret sauce was inspired by the famous secret sauces known and loved by burger lovers everywhere. With notes of garlic, spices and a touch of sweetness, the sauce perfectly compliments the classic West Coast-inspired burger. It is no mystery why the Stackers was one of A&W’s most loved new recipes from 2024. 

Read more of the latest releases from Cision, see our resources for journalists, and stay caught up on the top press releases by following @cnwnews.

About Cision Canada

Cision is a comprehensive communications platform enabling more than 100,000 public relations and marketing professionals around the world to understand, influence and amplify their stories. As the market leader, Cision enables the next generation of communication professionals to strategically operate in the modern media landscape where company success is directly impacted by public opinion. Cision has offices in 24 countries through the Americas, EMEA and APAC, and offers a suite of best-in-class solutions, including Newswire, Brandwatch, Cision Communications Cloud® and Cision Insights. To learn more, visit www.cision.ca and follow @CisionCA on Twitter.

SOURCE Cision Canada

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

KUKA Global Executives Visit Centron for Technical Exchange on Intelligent Assembly Manufacturing

Published

on

By

A KUKA global executive delegation, led by the Vice President of Midea Group, visited Centron for an on-site tour and in-depth exchange on the development of intelligent assembly manufacturing and global market trends.

WUXI, China, Sept. 1, 2026 /PRNewswire/ — Last week, a global executive delegation from the KUKA Group, led by the Vice President of Midea Group, visited Centron. The delegation comprised members of KUKA Group’s headquarters leadership team, together with business heads from multiple countries and regions.

As a leading global supplier of industrial robots and automation solutions, KUKA’s decision to visit with a delegation of this level reflects both sides’ shared interest in the development trends of intelligent assembly manufacturing. During the visit, the two sides held in-depth exchanges on industry developments, shifts in global markets, and potential areas of future synergy.

The delegation was hosted by Jed Wang, CEO of sister brand Leetx; Ouyang Su, General Manager of the Centron Product Line; Mike Wang, General Manager of the Centron Business Line; and Samuel Chen, Sales Director of Overseas Business. The KUKA executive team toured Centron’s manufacturing base and gained a first-hand understanding of Centron’s product portfolio and manufacturing capabilities in precision dispensing, potting, and trickling impregnation, and also received a briefing on Leetx’s positioning in intelligent assembly technologies, including tightening, press-fitting, and automatic screw feeding.

In the exchange session that followed, the two sides drew on their respective global business experience to share observations and exchange views on the pace of development in the Chinese market, evolving manufacturing needs overseas, the future direction of the intelligent assembly manufacturing industry, and the technology roadmaps of process equipment and robotic platforms.

Jed Wang, CEO of Leetx, commented: “We place great value on exchanges with globally leading automation companies such as KUKA. This visit by KUKA’s global executive team offered a valuable opportunity for both sides to deepen mutual understanding, share global market experience, and explore directions for potential future collaboration. As intelligent manufacturing continues to evolve, open dialogue and industry-wide synergy will open up new possibilities for innovation across the sector.”

This high-level visit also reflects a broader industry trend: the accelerating convergence of industrial robotics, precision dispensing, and intelligent assembly technologies. As vehicle electrification continues to advance, and as levels of automation continue to rise across vehicle assembly, power battery, and automotive component production, the coordination between robotic platforms and process equipment is becoming an increasingly important foundation for improving production quality, manufacturing efficiency, and process consistency. In light of this trend, Centron will continue to maintain open communication with partners across the value chain and to follow the emerging opportunities in intelligent assembly manufacturing with close attention.

About Centron
Centron is a high-tech enterprise that integrates R&D, manufacturing, sales, and customer service, dedicated to delivering advanced, reliable, and precise dispensing, potting, and trickling impregnation solutions for the automotive, e-mobility, energy storage battery, and industrial manufacturing sectors. Building on its continued investment in process automation and digital traceability, Centron supports its customers in achieving consistent quality performance and efficient operations at scale.
www.centronsys.com/en/

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kuka-global-executives-visit-centron-for-technical-exchange-on-intelligent-assembly-manufacturing-302865947.html

Continue Reading

Technology

ASTRI and Saudi Digital Government Authority Sign Strategic Partnership to Advance Digital Innovation and AI Development

Published

on

By

HONG KONG, Sept. 1, 2026 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) and the Digital Government Authority (DGA) of Saudi Arabia have signed a Memorandum of Understanding (MoU) at LEAP 2026 in Riyadh, establishing a strategic partnership to advance digital government innovation and artificial intelligence research.

Witnessed by Dr Abdullah Mohammed AlFaifi, Vice Governor of Investment and Government Excellence at the DGA, the MoU was signed by Ir Dr Ted Suen, Chief Executive Officer of ASTRI, and Abdulmalik Alhoti, Deputy CEO of Innovation & Emerging Technologies Centre and Senior General Manager of Digital Innovation at the DGA.

The partnership establishes four core areas of collaboration: knowledge exchange through joint technical workshops on AI and emerging technologies; talent development via researcher secondment, PhD exchange and internship programmes; joint research opportunities in AI, digital government, and emerging technologies; and proof-of-concept validation through DGA’s sandbox environment.

Ir Dr Ted Suen, Chief Executive Officer of ASTRI, said: “This MoU represents a milestone for ASTRI’s expansion into the Middle East market, and underscores the strong synergies between Hong Kong SAR’s world-class applied research capabilities and Saudi Arabia’s visionary digital transformation agenda. Through knowledge exchange, talent development, joint research and proof-of-concept validation, we look forward to contributing to Saudi Vision 2030 while strengthening Hong Kong SAR’s position as a leading international innovation and technology hub.”

Abdulmohsen A. Almadi, Chief Executive Officer of Innovation and Emerging Technology at the DGA, said: “Our partnership with ASTRI represents an important step in shaping the future of digital government by advancing innovation and strengthening collaboration in emerging technologies, building on Saudi Arabia’s leading global position in this field. By combining expertise in applied research, talent development, and experimentation, this collaboration will support the development of innovative solutions, strengthen capabilities, and accelerate the practical application of emerging technologies.”

The MoU follows ASTRI’s participation at the inaugural LEAP EAST in Hong Kong SAR, and marks a further step in the institute’s Middle East market expansion. Ir Dr Ted Suen led an ASTRI Business Mission to Saudi Arabia from 30 August to 2 September 2026, engaging with key government agencies, large corporations and technology companies.

Photos Download: https://bit.ly/45C67ly

 

About ASTRI

Founded in 2000 by the HKSAR Government, Hong Kong Applied Science and Technology Research Institute (ASTRI) is the city’s largest government-funded R&D centre. Committed to transforming high-impact research into practical innovations, ASTRI drives market-driven, interdisciplinary advancements across sectors, including Smart City, FinTech, Digital Health and Life Sciences, New Industrialisation and Intelligent Manufacturing, Application-Specific Integrated Circuits (ASIC) and Advanced Electronics, New Energy and Energy Storage, and Green and ESG Technologies. Following its merger with the Nano and Advanced Materials Institute, ASTRI has further strengthened its capabilities, with over 1,500 patents and 2,200 successful cases of technology transfer. Recognised with numerous international awards, ASTRI continues to nurture top I&T talent and foster collaborations among the I&T ecosystem, contributing to Hong Kong’s high-value economic development. For more information, please visit: https://www.astri.org.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/astri-and-saudi-digital-government-authority-sign-strategic-partnership-to-advance-digital-innovation-and-ai-development-302865966.html

SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)

Continue Reading

Technology

Hexaware Becomes Official Partner of Dublin Guardians Playing in the Inaugural European T20 Premier League Season

Published

on

By

Sponsorship extends Hexaware’s association with franchise cricket to Europe

MUMBAI, India, Sept. 1, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, today announced its sponsorship of Dublin Guardians as an Official Partner for the team in the inaugural season of the European T20 Premier League (ETPL).

The sponsorship comes as franchise cricket establishes a new foothold in Europe, where Hexaware has operations and continues to build local teams and capabilities across the region. The first ICC-sanctioned ETPL in mainland Europe opened on August 26 with six city-based teams from Ireland, Scotland, and the Netherlands. The league also gives European players more opportunities to compete at a professional level alongside established international cricketers.

Dublin Guardians represents the Irish capital in the competition. Rahul Dravid, former India captain and coach of the 2024 T20 World Cup-winning side, is among the franchise owners. The team is captained and mentored by Ravichandran Ashwin, India’s second-highest wicket-taker in Test cricket.

“The opportunity to support local talent is an important part of what appealed to us,” said Parameshwaran Iyer, Executive Vice President, Head – UK and Europe, Hexaware. “The ETPL can give more players across Europe the chance to compete at a higher level and help strengthen the game from the grassroots up. We’re pleased to support Dublin Guardians as part of that effort.”

“I’m delighted to welcome Hexaware as a partner of the Dublin Guardians for our inaugural season. It’s exciting to have organisations like Hexaware that share our belief in teamwork, ambition, and excellence alongside us as we begin this journey,” said Rahul Dravid, Chairman, Dublin Guardians.

“Hexaware is a strong addition to the Dublin Guardians journey. Its focus on building local capability in the markets where it operates connects well with what we’re trying to do here,” said Ajit Ravindran, CEO, Dublin Guardians. “For us, that means creating more opportunities for local players to develop and compete at a higher level.”

The sponsorship follows Hexaware’s association with the San Francisco Unicorns in Major League Cricket in the United States, which marked the company’s first association with franchise cricket.

The ETPL is being organized with Cricket Ireland, Cricket Scotland, and the Royal Dutch Cricket Association. The first season runs until September 20, 2026. The tournament began in the Netherlands and moves to Malahide in Dublin on September 9.

For more information, click here: https://www.etplofficial.com/teams/dg

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/hexaware-becomes-official-partner-of-dublin-guardians-playing-in-the-inaugural-european-t20-premier-league-season-302865971.html

Continue Reading

Trending