NX Group Completes Full Acquisition of Canada's Metro Supply Chain

Tokyo – October 16, 2026 -- NIPPON EXPRESS HOLDINGS, INC. (NX Group) acquired all shares of Canada-based logistics company Metro Supply Chain Group Inc. on October 1, 2026, making it a wholly owned subsidiary and extending NX Group's contract logistics reach in North America.

The companies marked completion with an employee town hall and a closing ceremony in Montreal on October 7, 2026. NX Group President and CEO Satoshi Horikiri and Metro Supply Chain Group Founder and Group Chairman Chiko Nanji attended. They presented NX Group's vision to Metro's management and staff and pledged to work as one team on sustainable growth across North America and global markets.

University of Phoenix Leaders Present CPL-to-Microcredential Model

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University of Phoenix Leaders Present CPL-to-Microcredential Model

Phoenix – October 16, 2026 -- University of Phoenix put three conference sessions on credit for prior learning (CPL), skills recognition and microcredentials in front of higher education leaders at 2026 Convergence: Credential Innovation in Higher Education, held Oct. 13-15 in Washington, D.C.

Marc Booker, PhD., vice provost of Strategy, and Cate Tolnai, director of Microcredentials & Innovation Credential Strategy, represented the university. UPCEA and AACRAO jointly presented the annual conference, which focuses on credentialing, learner mobility and workforce-aligned education.

Booker and Tolnai detail a CPL-to-skills-to-microcredential workflow

The two co-presented "Connecting Value Chains for Mobility: CPL to Skills to Microcredentials." Drawing on University of Phoenix practices and findings, the session outlined a process linking life experiences, education and career pathways through CPL-to-skills-to-microcredential workflows.

HiTHIUM Hits 200GWh Cumulative Storage Shipments in One Year

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HiTHIUM Hits 200GWh Cumulative Storage Shipments in One Year

Chongqing – October 16, 2026 -- HiTHIUM doubled its cumulative energy storage shipments from 100GWh in August 2025 to 200GWh within a year, the company said at a milestone ceremony on October 15 at its Chongqing manufacturing base.

HiTHIUM climbs from fifth to Global Top 2 in storage rankings

Shipments began at the end of 2021. The company's global ranking rose from fifth in 2023 to third in 2024, and to Global Top 2 in 2025 and the first half of 2026. HiTHIUM attributes the climb to cost leadership, service, and safety and reliability.

The company says the growth reflects strengthening capabilities in long-duration energy storage (LDES), end-to-end integration, lighthouse-factory manufacturing, and global delivery and service.

Eli Lilly to Report Q3 2026 Results on October 29

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Eli Lilly to Report Q3 2026 Results on October 29

Indianapolis – October 15, 2026 -- Eli Lilly and Company (NYSE: LLY) will publish its third-quarter 2026 financial results on October 29, 2026, and will discuss the numbers on a conference call the same day.

Lilly schedules a 10 a.m. Eastern call for investors and media

The conference call begins at 10 a.m. Eastern time. Lilly will use it to detail the company's financial performance for the quarter with the investment community and media.

Lilly opens the live webcast to the general public

Investors, media and the general public can follow the call through a live webcast. Lilly will post the access link on its investor relations website, and a replay will be available there after the call ends.

The announcement gives no financial figures, guidance or earnings metrics ahead of the October 29 release.

Tsingshan Debuts GI-Drive 2.0 With Five Powertrain Products in Paris

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Tsingshan Debuts GI-Drive 2.0 With Five Powertrain Products in Paris

Paris – October 15, 2026 -- Chongqing Tsingshan Industrial Co., Ltd. is making its Paris Motor Show debut with five powertrain products built on its GI-Drive 2.0 platform, covering electric drives of 60 kW to 400 kW and hybrid configurations from P1 to P13.

Five products anchor the Tsingshan display at Porte de Versailles

The Chongqing-based powertrain component supplier is exhibiting at the 91st Mondial de l'Auto at Paris Expo Porte de Versailles. Media Day took place on 12 October, and the show is open to the public from 13 to 18 October. This year's edition focuses on electrification, intelligent mobility and the transition to low-carbon transport.

The products on display are:

FFR Launches $2,490 Nova Humanoid, Buys FFAI Robotics for $200M

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FFR Launches $2,490 Nova Humanoid, Buys FFAI Robotics for $200M

Los Angeles – October 15, 2026 -- FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) launched the FF Nova humanoid robot at $2,490 and agreed to acquire the robotics business of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) in an all-stock transaction that values that unit at about $200 million.

FFR issues shares at $2.246, a 50% premium to its $1.50 close

The definitive agreements were signed on October 12, 2026. The parties valued FFR at about $60 million on a fully diluted basis. FFR will issue shares to FFAI at $2.246 each, about 50% above its $1.50 closing price on the signing date.

FFR has also secured up to $10 million in a first PIPE round, priced at market with no discount and no warrants. The company said it capped the raise at about $10 million to limit dilution.

Singtel Digital InfraCo Wins Frost & Sullivan AI Infrastructure Award

San Antonio – October 15, 2026 -- Singtel Digital InfraCo has received Frost & Sullivan's 2026 Southeast Asia Transformational Innovation Leadership Recognition in AI infrastructure, backed by a portfolio of 26 internationally granted patents and early deployments of four successive NVIDIA GPU platforms.

Frost & Sullivan benchmarks strategy effectiveness and execution

The analyst firm assessed the company on strategy effectiveness and strategy execution. It credited Singtel Digital InfraCo with a unified platform combining connectivity, Nxera data centre resources, high-performance GPU capacity and RE:AI's AI services.

"Rather than approaching AI infrastructure as a collection of individual technology layers," the company built an integrated operating model, said Gautham Gnanajothi, Senior Vice President at Frost & Sullivan.

LITEON Shows 800 VDC Racks Scaling to 1.2MW at OCP 2026

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LITEON Shows 800 VDC Racks Scaling to 1.2MW at OCP 2026

San Jose – October 15, 2026 -- LITEON Technology (2301.tw) demonstrated 800 VDC rack power architectures scaling from 330kW to 1.2MW at the 2026 OCP Global Summit, targeting the megawatt-scale AI data centers its partner NVIDIA is building around.

LITEON exhibits 800 VDC Power Rack and 800V-to-50V Power Brick in NVIDIA MGX area

The company was invited to the NVIDIA MGX Ecosystem Ceremony at the summit. It was represented by John Chang, General Manager of its Cloud Infrastructure Platform and Solution SBG; Bob Weng, General Manager of the AIDC Platform SBU; and Simon Ong, President of LITEON USA.

In the MGX exhibit area, LITEON showed its NVIDIA 800 VDC Power Rack and 800V-to-50V Power Brick. The products span rack-level power architecture to power conversion, and are designed for the efficiency, power density and scalability requirements of AI data centers.

Clivet Unveils Compressor Cutting Power Use Up to 40% for AI Data Centers

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Clivet Unveils Compressor Cutting Power Use Up to 40% for AI Data Centers

San Jose – October 15, 2026 -- Midea's Clivet brand has unveiled a magnetic-bearing centrifugal compressor that cuts compressor power by up to 40% at the same cooling capacity, targeting GW-scale AI data centers, at the 2026 OCP Global Summit.

Clivet presented the compressor and a full-chain liquid cooling solution at the "GW-Scale Open AIDC" forum. Dr. Yunxiao Ding, Director of the Research Institute at Midea Building Technologies, delivered the presentation, and Clivet received the "2026 GW-Scale Open AIDC Excellent Technical Presentation Award."

Rising cold-plate temperatures of 45°C create three engineering problems

As cold-plate supply temperatures rise toward 45°C, free cooling opportunities expand, while water constraints favor dry heat rejection. Prioritizing free cooling with mechanical-cooling backup raises three challenges:

Lindian Lifts Kangankunde Ore Stockpile 19% to 149,000 Tonnes

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Lindian Lifts Kangankunde Ore Stockpile 19% to 149,000 Tonnes

Perth – October 15, 2026 -- Lindian Resources (ASX: LIN) increased ore stockpiles at its Kangankunde Rare Earths Project in Malawi to approximately 149,000 tonnes, up about 24,000 tonnes, or 19%, from September 2026, as the company holds to a December 2026 target for first monazite concentrate.

The stockpile tonnage is derived from the project's existing Ore Reserve estimates, according to the company.

Power infrastructure reaches key milestones ahead of November energisation

The 33kV overhead line has been commissioned to the transformer yard. Both 1,250 kVA plant transformers have returned to site after passing factory acceptance testing. Lindian is targeting site energisation in the first week of November 2026, which would leave roughly one month before the planned first production.