Category Archives: News

New York Giants at NYSE for 40th Anniv. of Super Bowl XXI: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Oct. 2, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on October 2nd

• New York Football Giants celebrate the 40^th anniversary of their 1986 Super Bowl team.
  • Simms, the MVP of Super Bowl XXI, will join NYSE Live to discuss how winning the Big Game impacted the rest of his career.
  • The team will also be honored during half of Sunday’s game against the Cardinals at MetLife Stadium.
• Flow Engineering says it’s the ‘de facto’ platform for agentic hardware.
  • The company says the fresh funds will help accelerate its mission to do for hardware what AI has already done for software.  
  • Flow Engineering’s Founder + CEO Pari Singh will join NYSE Live to reveal how his company will deploy the $50 million in fresh funding.
• The September jobs report came out this morning ahead of market open.
  • Economists expected to see that the U.S. added 90,000 jobs, with the unemployment rate holding steady at 4.1%.
  • Treasury yields retreated from recent highs following a report that the EU countries were considering releasing strategic fuel reserves.

Opening Bell

The New York Giants celebrate the 40^th anniversary of the 1986 Super Bowl Championship Season

Closing Bell

The Manufacturers Alliance celebrates the annual meeting of its Investor Relations Council

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App and check out the NYSE YouTube: TV.NYSE.com and YouTube.com/@NYSEofficial

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World Trade Centers Association Establishes Global Headquarters at One World Trade Center

International trade organization returns to the World Trade Center site after 25 years, establishing its headquarters at a global center for business, commerce and connectivity, marking a new chapter for the Association

NEW YORK, Oct. 2, 2026 /PRNewswire/ — World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations across nearly 100 countries and territories — today announced the relocation of its global headquarters to One World Trade Center in the Financial District of Lower Manhattan, establishing a new home for the Association at one of the world’s most recognized addresses for international business and trade.

The move returns WTCA to the WTC site for the first time in 25 years and marks a significant milestone for an organization founded in New York in 1969. From its new headquarters on the 46th floor of One World Trade Center, WTCA will advance its mission of “Connecting Businesses, Globally.“

The new headquarters reflects both WTCA’s longstanding roots in New York and the increasingly global nature of its work. From its new office, WTCA will continue advancing its mission to help its Members create connections across markets and facilitate opportunities for international trade and investment while creating a global gathering point for its Members, partners and business leaders.

“Returning our global headquarters to One World Trade Center is both a meaningful homecoming and a significant milestone for WTCA and our continued growth as a global organization,” said John E. Drew, Chair of the WTCA Board of Directors. “New York City has been WTCA’s home since our founding more than five decades ago, and today, our global network reaches nearly 100 countries and territories. This new office space gives us a dynamic setting — and a fitting global address — to bring together Members and partners from around the world as we continue building connections that support trade, investment and economic growth.”

WTCA now occupies Suite 46C, a 2,556-square-foot office on the 46th floor of One World Trade Center. The built space includes private offices, a conference room, reception and pantry areas, along with an open workspace that supports day-to-day collaboration. Expansive views of the Hudson River and Midtown Manhattan provide the backdrop for the office designed to serve both WTCA’s New York-based team and the Members, partners and other stakeholders who visit from across the global network.

The new headquarters also strengthens WTCA’s ability to use New York as a convening point for its global Membership, showcasing the city’s importance at the center of global commerce and trade. Through its network, events and programming, WTCA brings together business leaders, economic development organizations and WTC businesses to exchange market intelligence, build cross-border relationships and identify opportunities for trade and investment.

As a tenant, WTCA and its guests will also have access to Well& by Durst, a 25,000-square-foot amenity space on the 64th floor of One World Trade Center. The space includes a sky lobby, café, and 10,000 square feet of flexible meeting, conference and event space, serving as a world-class business and social hub fostering workplace creativity, collaboration, and community. Access to this premium floor expands WTCA’s capacity to host gatherings and international delegations at its new global headquarters.

“The World Trade Centers Association’s decision to establish its global headquarters at One World Trade Center is fitting given the organization’s international reach and mission to advance trade and business connections globally. We look forward to welcoming them to One World Trade Center, an address known around the world,” said Jody Durst, President of The Durst Organization.

One World Trade Center was developed by The Port Authority of New York and New Jersey and The Durst Organization in a public-private partnership.

“For more than two decades, the Port Authority has invested in rebuilding the World Trade Center as a place that drives economic growth and brings together commerce, culture and community in the heart of Lower Manhattan,” said Jolene Yeats, World Trade Center Director at the Port Authority of New York and New Jersey. “Welcoming the World Trade Centers Association back to the site of its original headquarters is another exciting step in fulfilling that vision – there’s no place more fitting for its mission of building new bridges and creating new connections.”

WTCA’s office relocation comes 25 years after the Association last maintained offices on the 77th floor of the original World Trade Center’s North Tower. While the return carries historical significance, the headquarters office is intended to serve a distinctly forward-looking role — providing WTCA with a permanent global base for an organization whose reach now extends across nearly 100 countries and territories. Together, the network serves as an international ecosystem for commerce, community and connection, helping businesses access new markets and supporting trade and investment across borders.

MEDIA CONTACTS: 

World Trade Centers Association (WTCA)

Chanelle Dimalanta

Phone: +1 212 432 2644

Email: cdimalanta@wtca.org 

Violet PR 

Christina Forrest

Phone: +1 646 586 9932

Email: christina@violetpr.com

About World Trade Centers Association (WTCA)

World Trade Centers Association (WTCA) is a network of more than 300 highly connected, mutually supporting businesses and organizations in nearly 100 countries and territories. As the owner of the “World Trade Center” and “WTC” trademarks, WTCA licenses exclusive rights to these brands for members to use in conjunction with their independently owned, iconic properties, facilities and trade services offerings. Through a robust portfolio of events, programming and resources that it offers its members, the goal of WTCA is to help local economies thrive by encouraging and facilitating trade and investment across the globe, creating an ecosystem built around commerce, community and connection. To learn more, visit www.wtca.org.

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‘DEAL OF THE CENTURY’ PAYING DIVIDENDS FOR FIA WORLD RALLY CHAMPIONSHIP AS FORD RACING CONFIRMS ITS RETURN FROM 2028

Dubai, UAE, 2^ndOctober, 2026: The Fédération Internationale de l’Automobile (FIA) has welcomed Ford’s announcement that it will return to the FIA World Rally Championship with a full factory programme from 2028 and develop an all-new Rally1 car under the FIA’s WRC27 technical regulations for 2029.

Ford’s return to the championship will mark its first full works programme in the FIA WRC since 2012 and comes at a significant moment in the championship’s development.

With new technical regulations arriving in 2027, increased investment under new ownership and plans to expand the WRC’s presence in key markets including the United Kingdom and United States, the series is entering a new period of sporting and commercial growth.

The announcement makes Ford the fourth constructor to commit to developing a car under the FIA’s new WRC27 technical regulations. Designed around safety, affordability, flexibility and accessibility, the regulations will reduce the cost of competing at the highest level of rallying, with the price of a ready-to-compete car capped at €345,000 in asphalt specification.

From 2028, Ford Racing will become directly involved in its FIA WRC programme alongside long-standing partner M-Sport, before introducing an all-new Rally1 car developed to the WRC27 technical regulations in 2029.

The commitment reflects the growing attractiveness of the FIA World Rally Championship to global automotive manufacturers and reinforces the role of FIA World Championships as genuine laboratories for the development, testing and demonstration of future technologies.

Ford’s commitment follows growing interest in the new regulations from both global automotive manufacturers and independent constructors and comes as the championship has recently secured the ‘Deal of the Century’ and enters a new period of commercial development under its recently appointed promoter team.

The growing manufacturer interest also underlines the wider role of the FIA’s World Championships as global platforms for automotive manufacturers to develop and demonstrate new technologies, test solutions in demanding competition environments and transfer knowledge between motor sport and road-going vehicles.

Ford’s return to the WRC also forms part of an expanding global motor sport programme. The Blue Oval returned to the FIA Formula One World Championship in 2026, competes in the FIA World Rally-Raid Championship and is preparing to return to the top category of the FIA World Endurance Championship in 2027, having already launched its LMGT3 programme. Its WRC programme will give Ford a presence across four FIA World Championships from 2028.

Ford has played a major role in the history of the FIA World Rally Championship, with cars including the Escort, Sierra, Focus, Fiesta and Puma competing across more than five decades of international rallying.

FIA President Mohammed Ben Sulayem, said: “Today’s announcement represents another significant moment for the FIA World Rally Championship. With a new promoter in place, three constructors already committed to the new technical regulations, and now Ford confirming its return as a full works manufacturer, there is real momentum behind the championship’s next era.

“Ford is one of the great names in motorsport and its commitment to FIA World Championships continues to grow. The manufacturer returned to Formula 1 this year, is competing at the highest level of the FIA World Rally-Raid Championship, will return to the top category of the FIA World Endurance Championship in 2027, and from 2028 will once again compete as a works manufacturer in the WRC.

“That will give Ford a presence across four FIA World Championships and demonstrates the importance it places on motor sport as a global platform, and laboratory, for its brand, products and technologies.

“I had the privilege of driving for Ford during my own career, so welcoming them back is a particularly special moment for me. The WRC continues to grow, and this long-term commitment from such an iconic manufacturer is a testament to the strength of the championship.”

Jim Baumbick, President of Ford Europe, said: “Rallying is where Ford’s character faces its toughest test, and where generations of fans come to share the thrill of seeing a car take on the impossible. We want our next generation of European vehicles to carry that same unapologetic spirit. Responsive, confidence-inspiring, and rewarding to drive on the roads people use every day.”

Mark Rushbrook, Global Director, Ford Racing, said: “As we celebrate 125 years of Ford Racing, our 50-year legacy in the WRC stands out as one of our proudest because of its direct connection to the fun and exciting cars that came from that. We can’t wait to compete again in rally racing in 2028 and beyond.”

Eric Boullier, CEO of WRC Promoter, said: “Ford’s decision to return to the FIA World Rally Championship as a full factory team is fantastic news. The brand has an extraordinary history in rallying and has been part of some of the sport’s most memorable moments.

“More importantly, this renewed commitment to WRC, as part of its extensive global motorsport programme, is a strong statement about the relevance of rallying to one of the world’s leading automotive brands.

“Seeing WRC support both its racing ambitions and the development of future road cars is particularly exciting. We are delighted to welcome Ford back as a full factory team and look forward to this new chapter together.”

Gunvor becomes Centalion

Company to Redomicile to Singapore; Partnership Approves Centalion as New Global Brand

GENEVA, Oct. 2, 2026 /PRNewswire/ — The employee partnership that owns Gunvor Group Ltd (the “Company”) has voted to change the name of the Company to Centalion Group Ltd to reflect its evolution under a new ownership structure, leadership model, and strategic outlook for the future. The Company concurrently announces its intention to redomicile its corporate headquarters from Cyprus to Singapore.

“The name Centalion reflects who we are: one team, moving together, at the heart of the global energy markets,” said Gary Pedersen, Chairman and CEO of Centalion. “We’re making this move from a position of strength. Together we have built a disciplined, entrepreneurial firm that is accelerating our position as one of the world’s leading physical energy and metals traders. Singapore and our new identity are the next chapter in that story.”

The intended move of the Company’s corporate headquarters to Singapore, where it has maintained a presence since 2006, is supported by the country’s well-established legal and business environment, deep financial and trading infrastructure, and international business community. Centalion’s main trading offices will, in addition to Singapore, remain in Geneva, Switzerland, and Houston, Texas, where the Company’s Chairman and CEO is based.

Alongside the intended relocation, the Company is unveiling a new identity: Centalion. The rebranding marks the next stage in the natural evolution of the business following the completion of the December 2025 management buyout. It further supports the strength of the Company’s trading activities across the energy spectrum – including crude oil, refined products, natural gas and LNG, power and battery storage, biofuels, and carbon credits – complemented by a growing metals and minerals trading business and significant global shipping operations. The Company is also increasingly active as an investment partner of choice in gas- and power-related infrastructure in various regions around the globe.

Centalion traded record volumes in the first half of 2026, supported by a global workforce of more than 2,000 people, and continues to expand across its trading hubs in Calgary, Geneva, Houston, London, Singapore, and Stamford.

Renaming and Rebranding Process

The decision to rename and rebrand followed a full partnership referendum held in July 2026, after six months of employee engagement and external market-positioning research conducted by world-leading brand specialist Landor. The name “Centalion” reflects a group that moves as one, capturing the strength and unity of the partnership and its commitment to upholding and maintaining the Company’s leading position in global commodities trading. More than simply an “oil trader”, the Company’s future will continue to be built upon the breadth of its current business by advancing growth in the physical energy, metals and minerals markets, and related investments supporting the new energy economy and promoting global energy security.

Notes on Rebranding and Redomiciling

The Company’s new name and brand, Centalion (Sen-TAL-yon; rhyming with “battalion”), will be used from today; however, the rollout of the new identity across the Company’s subsidiaries, trading offices, and other locations worldwide will take place over the coming months. Relationships with counterparties, banks, vendors, and other business partners are unaffected by the change, as neither the Company’s legal personality nor its rights and obligations will change, with all existing contracts and arrangements of the Company remaining intact.

Similarly, the redomicile of the Company to Singapore will involve the transfer of the existing legal entity to a new location rather than the incorporation of a new legal structure. The timing of the completion of this intended redomicile remains subject to the Company finalizing applicable local regulatory approvals and documentation requirements.

About Centalion Group Ltd

Centalion Group is one of the world’s largest independent commodities trading companies, which creates logistics solutions that safely and efficiently move physical energy, power, metals and minerals from where they are sourced and stored to where they are demanded most. With investments in strategic infrastructure—upstream oil and gas production, terminals, refineries, power plants, batteries and storage—Centalion further generates sustainable value across the global supply chain. For more information, visit Centalion.com

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China’s First Modern University Celebrates 131 Years of Excellence

TIANJIN, China, Oct. 2, 2026 /PRNewswire/ — On October 2, 2026, Tianjin University (TJU), China’s first modern university, celebrates its 131st anniversary. This milestone highlights TJU’s enduring legacy as a steadfast contributor to global innovation and social progress, consistently rising to meet the world’s most pressing challenges with visionary foresight and profound dedication.

Cultivating Visionaries for a New Era

TJU’s 131st year is defined by a profound commitment to cultivating visionary talent. The university, as the lead institution of the National Working Group on Emerging Engineering Education, has unveiled “TJU Plan 3.0”, a forward-looking framework for emerging engineering education designed to nurture future-ready talent.

Aligning with the evolution of future industries, TJU has strategically positioned itself across 11 frontier fields, including artificial intelligence and embodied intelligence. Furthermore, the university has pioneered China’s first undergraduate majors in brain-computer science and technology, as well as biomanufacturing.

To nurture top-tier young scholars, TJU introduced the “U35 Plan”. This initiative fast-tracks exceptional researchers under the age of 35 to full professorships, recognizing future potential and fostering a dynamic, youth-led research environment where brilliant minds can thrive.

From Laboratory to Lifesaving Impact

The convergence of national-level talents, industry experts, and leading enterprises has created a robust innovation ecosystem at TJU. This ecosystem has yielded landmark achievements. In medical technology, the “Shengong-Shengao” system became China’s first approved brain-computer interface (BCI) medical device for diagnosing cognitive impairment. Developed by a team led by Professor Liu Xiuyun, the system reduces diagnosis time for conditions like hydrocephalus from days to just 30 minutes. Additionally, more than 20 “Shengong” series devices have successfully transitioned from the laboratory to clinical wards, delivering tangible benefits to thousands of patients.

From high-precision measurement and energy storage technologies to national platforms like the National Facility for Earthquake Engineering Simulation, the ethos of “aiming for the highest scientific peaks while remaining deeply grounded in real-world needs” permeates the campus. This commitment was recognized in 2025, when TJU researchers were lead contributors to five National Science and Technology Awards.

Furthermore, the university’s academic excellence is recognized globally, with three disciplines—Chemistry, Engineering, and Materials Science—ranked in the global top 1‱ according to the Essential Science Indicators (ESI).

With a focus on strategic clusters, a talent-driven approach, and an unwavering commitment to human well-being, Tianjin University at 131 is not just celebrating its past—it is actively engineering a better future.

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Manulife Closes Long-Term Care Reinsurance Transaction with Munich Re

TORONTO, Oct. 2, 2026 /PRNewswire/ — Manulife Financial Corporation (“Manulife” or the “Company”) announced today that it has closed¹ the previously announced transaction to reinsure biometric risk on a block of long-term care policies with $3.2 billion of reserves² to Munich American Reassurance Company (“Munich Re Life US”), a subsidiary of Munich Re Group.

For more information on the transaction, please see the news release from our August 5^th, 2026, announcement.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and under ‘945’ on the Hong Kong stock exchange.

About Munich Re Life US

Munich Re Life US, a subsidiary of Munich Re Group, is a leading US reinsurer with a significant market presence and extensive technical depth in all areas of life and disability reinsurance. Beyond vast reinsurance capacity and unrivaled risk expertise, the company is recognized as an innovator in digital transformation and aims to guide carriers through the changing industry landscape with dynamic solutions insightfully designed to grow and support their business. Munich Re Life US also offers tailored financial reinsurance solutions to help life and disability insurance carriers manage organic growth and capital efficiency as well as M&A support to help achieve transaction success.

Media Inquiries

Fiona McLean

(437) 441-7491

fiona_mclean@manulife.com

Investor Relations

Derek Theobalds

(416) 254-1774

derek_theobalds@manulife.com

Nritya Mallika Dance Academy Presents AGOMONI NRITYA MAHOTSAV 2026

Celebrating the Divine Arrival of Maa Durga through Dance, Music & Culture

7 October 2026 — Dinabandhu Mancha, Siliguri
8 October 2026 — Rabindra Mancha, Shaktigarh, Siliguri
Time: 5:00 PM onwards on both days

Siliguri: Nritya Mallika Dance Academy, Siliguri, is all set to present its annual cultural celebration, “Agomoni Nritya Mahotsav 2026,” on the occasion of the auspicious arrival of Maa Durga and the festive season of Mahalaya.

Established in 2009, Nritya Mallika Dance Academy has been dedicated to the practice, preservation and promotion of Indian dance, art and culture. One of its foremost objectives is to preserve India’s rich cultural heritage and pass it on to the younger generation through the graceful and expressive language of dance.

This year’s Agomoni Nritya Mahotsav will bring together a large community of young dancers and established artistes in a celebration dedicated to Maa Durga. Nearly 200 students of Nritya Mallika Dance Academy will participate in the two-day cultural festival.

The central theme of the festival is a heartfelt tribute to Goddess Durga, celebrating her divine arrival, magnificence and her eternal form as the destroyer of evil and the embodiment of Shakti.

 Guru Smt. Rimpi Saha Banik

The programme on 7 October at Dinabandhu Mancha will begin with a sacred invocation to Maa Durga, welcoming the Divine Mother through music, dance and devotion. The audience will witness traditional Agomoni presentations and Devi Vandana, followed by special dance productions including:

“Dus Dike Durga”

“Mahishasuramardini”

Dus Dike Durga — Ten Dimensions of Maa Durga

The special production “Dus Dike Durga” explores ten multidimensional aspects of the omnipotent Goddess Durga through the medium of dance.

For Bengal, the arrival of Maa Durga is not merely the celebration of a powerful Goddess. It is also an emotional homecoming — the return of a daughter to her maternal home. The anticipation of her arrival is deeply woven into Bengal’s cultural consciousness, music, literature and devotional traditions.

Through “Dus Dike Durga,” Nritya Mallika Dance Academy seeks to portray different manifestations and qualities of the Divine Mother, bringing together spirituality, storytelling, music and dance in a vibrant theatrical presentation.

The evening will also feature Durga Puja songs and a specially choreographed presentation of the timeless Mahishasuramardini, celebrating the triumph of good over evil.

Nritya Mahotsav — 8 October

The second day, 8 October at Rabindra Mancha, Shaktigarh, Siliguri, will be dedicated to a grand Nritya Mahotsav, bringing together dancers and artistes from different regions of Eastern and North-Eastern India.

One of the special highlights of the festival will be the coming together of talented dancers from diverse regions on one stage, presenting the richness and variety of India’s traditional and classical dance heritage.

More than 45 talented artistes from Assam are expected to participate. Along with them, dancers and artistes from Alipurduar, Dinhata, Sikkim, Darjeeling and other regions will join the celebration.

Altogether, around 150 dancers will come together on one magnificent stage to showcase their diverse dance traditions, creativity, talent and cultural heritage.

The festival thus aims not only to celebrate Maa Durga but also to create a cultural bridge among different regions of India, demonstrating the country’s extraordinary diversity through the universal language of dance.

Distinguished Guests

The festival will be graced by eminent personalities and distinguished guests, including:

• Guru Dr. Shobha Koser
• Vidushi Dr. Samita Koser
• Shri Sajal Koser
• Dr. Upendra Sharma
• Shri Ravindra Jain
• Shri Om Prakash Bharti
• Vidushi Sangita Chaki
• Shri Raju Bista, Hon’ble Member of Parliament, Lok Sabha
• Dr. Shankar Ghosh, Hon’ble MLA

Guest Artistes

Shri Subrata De — Sitar
Swaranjali Delhi

Pandit Subir Adhikary — Tabla

The participation of renowned artistes will add a special musical dimension to the festival, complementing the visual beauty and expressive power of the dance presentations.

A Celebration of Shakti, Culture and Unity

Agomoni Nritya Mahotsav 2026 is envisioned as more than a dance festival. It is an offering of devotion to Maa Durga, a celebration of India’s cultural diversity and an opportunity for young artists to connect with their roots.

Through dance, music and collective participation, Nritya Mallika Dance Academy hopes to create an atmosphere where tradition meets the creative energy of the younger generation.

“In the rhythm of dance, in the bond of culture, we welcome the Divine Mother with devotion.”

Nritya Mallika Dance Academy, Siliguri warmly invites art lovers, cultural enthusiasts, dancers, musicians and the people of Siliguri to join this grand celebration of Maa Durga, Dance and India’s Living Cultural Heritage.

Registration Opens for the 2026 Eye Level Math Olympiad

SEOUL, South Korea, Oct. 2, 2026 /PRNewswire/ — Eye Level has opened registration for the 2026 Eye Level Math Olympiad (ELMO 2026), inviting elementary and middle school students from around the world to take part in the annual global math competition.

This year, ELMO extends its reach to South America for the first time, with Ecuador joining the competition. ELMO 2026 will be held across participating countries and regions including Australia, Canada, Hong Kong, Macau, India, Indonesia, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Taiwan, Thailand, the United Kingdom, the United States, Uzbekistan, Vietnam, and Ecuador, with schedules varying by country and region.

Established in 2004, the Eye Level Math Olympiad is an international math competition designed to challenge students’ mathematical thinking and problem-solving skills. Reflecting the spirit of “One Test. A Thousand Possibilities,” ELMO encourages students to discover their potential and grow through the experience.

The ELMO assessment is organized by grade level and evaluates a range of mathematical abilities, including mathematical knowledge and arithmetic skills, the ability to understand and formulate word problems, and problem-solving proficiency. Through the competition, students can gain a clearer understanding of their current mathematical abilities, recognize their strengths, and identify areas that can help guide their next steps in learning.

Official results will be announced in January 2027 on globalelmo.com. Participants will also receive an individual result report with a detailed analysis of their performance.

Registration and detailed information, including local schedules, are available at globalelmo.com.

About Eye Level

Eye Level is a global education brand offering Math and English programs to students around the world. Its learning approach focuses on helping students learn at their own level while building independent learning habits and problem-solving skills.

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Midea Showcases Breakthrough Cooling Technologies for High-Density AI Data Centers at Data Center World Asia 2026

SINGAPORE, Oct. 2, 2026 /PRNewswire/ — The Asia Data Centre World 2026 was held at Marina Bay Sands, Singapore from September 29 to 30. During the exhibition, Midea Building Technologies (MBT) showcased its next-gen power-cooling hyperconvergence architecture and full stack AI Data Center (AIDC) cooling solutions for the Asia-Pacific region, covering key application scenarios such as high-density computing, liquid cooling, tropical climate and low-carbon operation. The exhibition hall was crowded with visitors, and discussions around AI infrastructure upgrading, Data center energy efficiency optimization and the development of liquid cooling technology continued to heat up, attracting numerous industry customers, partners and technical experts to stop and exchange views.

Power-Cooling Hyperconverged Architecture, The Industry-First Breakthrough

At the event, MBT presented the industry’s first power-cooling hyperconverged architecture. Integrating power systems, energy storage, magnetic bearing cooling sources, and liquid cooling CDUs into a unified infrastructure stack, it connects “power supply—energy storage—cooling—liquid cooling distribution” from the early stage of data center construction.

During the event, MBT also released a related technical white paper, further elaborating on the architecture’s technology pathway across AI data center planning, construction, and operation. More than a summary of Midea’s technical solutions, the white paper reflects a deep understanding of the global development trends in data center infrastructure, providing a quantifiable and replicable technical reference for addressing the key challenge of integrating electrical and thermal systems.

As rack power density rises, this system-level approach improves the matching between power supply and cooling. Coordinated operation of magnetic bearing cooling sources, free cooling, and liquid cooling terminals also reduces reliance on mechanical cooling, supporting improved PUE performance and low-carbon operation.

Full-Stack Cooling, The Revolutionary Innovation

Addressing the full-chain heat dissipation requirements of AI data centers from cooling source to terminal, this full-stack cooling solution connects the cooling source, cooling distribution, and terminal heat dissipation links, enabling efficient temperature control under complex climate conditions and resource constraints. Built on this system, three flagship products are serving as the key pillars for solution deployment.

Magnetic CDU: Integrating a magnetic bearing cooling source with a distribution unit, it replaces the separated “chiller + passive CDU” model. It reduces equipment footprint by up to 70%, shortens deployment cycles, and supports a PUE below 1.2 under suitable operating conditions.

Air-Cooled Magnetic Centrifugal Chiller: Designed for hot, water-scarce environments, it reduces cooling water dependence and delivers a COP of up to 5.4, providing an efficient and flexible cooling source for data centers.

Industrial-Grade CDU: With 2.6 MW cooling capacity at a 3K temperature difference and high-availability support, it ensures stable liquid cooling distribution for large-scale AI clusters and high-density racks.

MBT × Keppel: Building the Future of Green Data Centers

At DCW Asia, MBT highlighted its strategic collaboration with Keppel on green data center infrastructure from design to delivery and operation. The Gui’an Midea Cloud Data Center in China showcases this partnership, combining MBT’s hardware with Keppel’s digital platform to deliver up to 7,654 hours of annual free cooling and a stable PUE below 1.2. It offers a replicable model for green data center development across APAC’s fast-growing AI infrastructure markets.

From full-stack AIDC cooling solutions to power-cooling hyperconvergence architecture, and from magnetic innovation to collaboration with Keppel, MBT is reinforcing its commitment to the Asia Pacific market. Backed by the world’s first fully AI-powered chiller Lighthouse Factory, 193 local service sites across 29 countries, and spare parts centers in 34 countries, MBT is ready to provide responsive support and empower the next generation of efficient, resilient data centers across Asia Pacific.

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SQC and Schneider Electric Use Hybrid Quantum-Classical Models to Improve Energy Forecasting

Partnership moves to Stage 2 of Australia’s Critical Technologies Challenge Program following an average 20% improvement in forecasting accuracy with SQC’s Watermelon™ system

SYDNEY, Oct. 2, 2026 /PRNewswire/ — Silicon Quantum Computing (SQC) and Schneider Electric, a global energy technology leader, have progressed to Stage 2 of the Australian Government’s Critical Technologies Challenge Program (CTCP), receiving A$3.6 million (US$2.5m) in funding to continue their work in partnership with UNSW Sydney.

Energy grids are under increasing pressure and urgent solutions are required. As rooftop solar, home batteries and electric vehicles become widespread, household energy systems have become more dynamic and difficult to predict. Schneider Electric uses advanced forecasting and optimisation technologies to help balance distributed energy resources, including forecasting when to switch back and forth to solar energy deployment.

During Stage 1, the joint team explored whether SQC’s atomically engineered, quantum-enhanced AI chip, Watermelon, could improve the accuracy of Schneider Electric’s forecasting models. Watermelon generates quantum features that, when used alongside classical features, deliver richer models with greater predictive abilities.

For companies like Schneider Electric, more accurate forecasting can improve the management of distributed energy resources, increase renewable energy utilisation and contribute to lower energy costs for consumers. Even modest improvements in forecasting accuracy can deliver these benefits, and Stage 1 results delivered well beyond that threshold.

By applying Watermelon to next-day forecasting data over a 12-month period, SQC and Schneider Electric achieved an average 20% improvement in forecasting accuracy against the classical benchmark, with gains up to 41%.

Building on these results, Stage 2 funding will expand modelling to hundreds of homes across Australia, with direct integration into Schneider Electric’s AI workflows. This work provides a clear pathway for today’s quantum computing systems to be used in production environments.

Michelle Simmons, Founder and CEO of Silicon Quantum Computing, said: “We have always believed that quantum processors would work alongside CPUs and GPUs to deliver real-world performance gains. The results we have achieved with Schneider Electric demonstrate how quantum-enhanced AI can address practical challenges across the energy sector and time-series datasets more broadly. We’re grateful to the Australian Government for continuing to back this important work.”

Colette Munro, Pacific Zone President at Schneider Electric, added: “The energy system is becoming more dynamic with variables like rooftop solar, EVs, and home batteries creating new levels of complexity. Together with SQC, we’ve demonstrated how advanced energy technology has the potential to better manage this complexity, lowering costs for consumers and using energy more efficiently across the system.”

Launched in 2025, Watermelon is deployed with customers across telecommunications, banking, high-frequency trading and more. The system is available via cloud and hardware sale, including turnkey data center deployment.

About Silicon Quantum Computing

Silicon Quantum Computing (SQC) is at the forefront of global efforts to deliver a commercial-scale quantum system. Backed by 25 years of technological leadership, SQC holds a singular advantage: exclusive capability to manufacture silicon chips with atomic precision, enabling quantum computing systems with world-leading algorithmic fidelity. With in-house QPU manufacturing, SQC iterates new chips weekly while delivering quantum-enhanced AI and materials simulation systems to customers today. The company was founded in 2017 and is headquartered in Sydney, Australia.

For more information, visit www.sqc.com or follow SQC on LinkedIn.

About Schneider Electric

Schneider Electric is a global energy technology leader, driving efficiency and sustainability by electrifying, automating, and digitalizing industries, businesses, and homes. Its technologies enable buildings, data centers, factories, infrastructure, and grids to operate as open, interconnected ecosystems, enhancing performance, resilience, and sustainability. The portfolio includes intelligent devices, software-defined architectures, AI-powered systems, digital services, and expert advisory.

With 160,000 employees and one million partners in over 100 countries, Schneider Electric is consistently ranked among the world’s most sustainable companies.

For more information, visit www.se.com.

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