22, Oct 2026
EDGE Markets on Track to Process $2 Billion This NFL Season as Fans Embrace 24/7 Trading
As football fans trade around the clock, demand is surging for a payment card and infrastructure that moves money in real time
NEW YORK, Oct. 22, 2026 /PRNewswire/ — EDGE Markets, a financial services company purpose-built for prediction markets, gaming, and crypto, today announced it expects to process more than $2 billion in transactions this NFL season, outpacing the $1.2 billion EDGE processed last season. The milestone follows the launch of EDGE Connect, which moves funds in real time from EDGE Boost to partner prediction markets.
A Sunday upset, an injury report or a Monday-night comeback can shift markets in seconds, and traders need their money ready when it happens. EDGE Boost, a special purpose debit account and Visa debit card, keeps users trading funds in one dedicated place, separate from everyday finances. Paired with EDGE Connect, it sends those funds in real time to Kalshi, Polymarket, ProphetX and Splash Sports, even when banks are closed.
Football season brings a surge in real-time activity for EDGE Boost cardholders. In the first 44 days of the season, EDGE processed more than $800 million in transactions, nearly four times over the same period last season.
“Football has become a 24/7 market, and the money behind it has been stuck on banking hours,” said Seni Thomas, CEO and Founder of EDGE Markets. “Fans want a fast, dedicated way to fund their sports entertainment, and we keep building and improving our products around the idea that money should move as fast as the game does.”
What sets EDGE Boost apart:
- Real-time, 24/7/365. Traders can move money from their EDGE Boost balance to a partner market in real time even as traditional transfers sit idle.
- Rewards. Cardholders earn up to 0.5% cash back on qualifying spend categories.
- Built for size. Up to $5 million per transaction and $50 million per day can move from EDGE Boost to Kalshi, Polymarket or ProphetX.
- Zero fees. No fees to move money onto partner markets.
- No credit cards. EDGE Boost is funded with traders’ own money by ACH from a linked checking or savings account, by wire, or with crypto converted to USD through Zero Hash1. It is never funded with credit.
- A dedicated account. A special purpose debit account and Visa debit card keeps trading activity separate from everyday finances, so traders can see their full trading balance in one place.
With the playoffs and the holiday slate still ahead, football’s highest-volume weeks are yet to come. EDGE Boost is available now at edgeboost.io and on iOS and Google Play, so fans can open an account and fund their trades in real time before the next kickoff.
About EDGE Markets
EDGE Markets is a U.S. financial services company that empowers users with financial transparency, supporting emerging verticals such as betting, gaming and casinos. Its original product, EDGE Boost, is the first responsible financial platform for smart bettors. It is the first of its kind in a betting-only debit card account that is FDIC and/or NCUA deposit insurance up to $10,000,000 or more through Cross River Bank, Member FDIC, and Participating Institutions2.
Media Contact: press@edgemarkets.io
1 Virtual currency services are provided by Zero Hash LLC. Zero Hash LLC is licensed by the New York State Department of Financial Services to engage in Virtual Currency Business Activity. Availability of virtual currency services is subject to applicable regulatory requirements, geographic restrictions, and any required approvals. Certain services may not be available in all jurisdictions.
2 Deposit accounts are held at Cross River Bank, Member FDIC, and are insured up to $250,000 per depositor. Through our relationship with IntraFi® Network Deposits℠, funds may be eligible for additional FDIC insurance coverage by being distributed across participating network banks, up to $10,000,000 in aggregate for consumer accounts enrolled in the applicable program. FDIC insurance coverage is subject to applicable terms and conditions, including account structure, account ownership categories and regulatory requirements. The EDGE Boost Visa® Debit Card is issued by Cross River Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc., and is not available to all residents of U.S. territories. Account limits and other applicable terms are described in our Terms of Service and Cardholder Agreement and CRB Account Agreement.
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22, Oct 2026
Jungheinrich and Automha Enter Strategic Partnership for the Gradual Automation of Existing Warehouses
Hamburg/Bergamo | Oct 22 – Jungheinrich and Italian warehouse automation and intralogistics specialist Automha are entering into a strategic partnership. Together, the two companies have developed a two-way pallet shuttle for high-density pallet storage. The solution combines Automha’s shuttle expertise with Jungheinrich’s strengths in system integration, software and lifecycle services. The aim is to provide companies with an economically viable entry point into warehouse automation while creating a development path towards more advanced automation in existing facilities
Shuttle Technology Gains Importance
Many companies face the challenge of increasing material flow performance without fundamentally modifying existing buildings or infrastructure. At the same time, requirements for space utilisation, productivity and process reliability continue to grow. Shuttle systems address these challenges and are therefore becoming increasingly important. The two-way shuttle jointly developed with Automha, the UP-Carrier GTJ, is designed to meet precisely these needs. The solution has been specifically developed as an entry point into warehouse automation. It can be integrated into existing warehouse environments and increases storage density without requiring major structural changes. Initially, pallet transport continues to be handled by industrial trucks. As operational requirements evolve and automation levels increase, transport processes can subsequently be automated. This creates a clear migration path from manually supported operations to a fully automated material flow.
From Brownfield Warehouses to Integrated Automation
The strategic significance of the partnership extends far beyond the shuttle itself. Through the close collaboration between Automha and Jungheinrich, customers benefit from a solution in which shuttle technology, racking systems, conveying technology, software integration and service are optimally coordinated. This enables projects to be planned more quickly, implemented more efficiently and supported throughout their entire lifecycle by a single partner. The solution can be integrated into existing IT and warehouse environments and, if required, expanded with additional automation technologies such as Jungheinrich Mobile Robots. With this offering, Jungheinrich expands its shuttle portfolio with a solution that provides an economical entry into automation while supporting customers across different stages of warehouse development, from existing warehouses to fully automated, high-density pallet storage systems.
„Not every company begins its automation journey with a fully automated warehouse,” says Dr. Tobias Harzer, Chief Automation Officer at Jungheinrich. “What matters is a development path that leverages existing infrastructure while opening the door to further automation. With this solution, customers can start where they are today, gradually develop their material flows and align investments with the growth of their business.“
Strategic Addition to the Shuttle Portfolio
The cooperation with Automha forms part of Jungheinrich’s technology-agnostic integration approach. Depending on customer requirements, Jungheinrich combines its own technologies with selected partner solutions to create end-to-end automation systems. While four-way shuttles, such as those offered by partner Movu Robotics, are primarily deployed in fully automated high-performance pallet warehouses, the solution developed together with Automha addresses applications in existing warehouse environments and customers seeking a gradual entry into automation. The shuttle was developed from concept to market readiness within nine months. Today, the solution is already deployed in more than 200 projects across over 25 countries.
„This partnership demonstrates how specialised shuttle technology and global integration expertise complement each other,” says Gianni Togni, VP Sales and Marketing of Automha. “Together, we are creating solutions that enable companies to modernise their warehouses in a targeted way and make more efficient use of their existing infrastructure. “
With Automha, Jungheinrich further strengthens its position as a system integrator supporting customers throughout their entire automation journey, from the first automation step in brownfield warehouses to fully integrated material flow systems.
22, Oct 2026
Environmental management at NORD’s sites: Gadebusch now also relies on solar power
In future, NORD DRIVESYSTEMS’ site in Gadebusch will draw around a third of its required electricity from a nearby solar park in Lützow. The plant is thus consistently continuing its efforts to become less reliant on fossil fuels. This is part of the group-wide sustainability strategy that the system provider for drive technology set out.
A big day for Lützow: The municipality in Mecklenburg-Vorpommern, with a population of around 1,500, commissioned a 3.5-hectare solar park in June 2026. Together with photovoltaic modules installed on the roofs of two halls, the entire system is expected to generate 6.2 million kilowatt-hours of electricity per year. The largest consumer is a company belonging to drive manufacturer NORD DRIVESYSTEMS: Fertigungstechnik NORD in Gadebusch, which is about a 10-minute car drive away, takes advantage of the nearby solar park and will draw 2.67 million kilowatt-hours per year from the photovoltaic system. This accounts for approximately a third of its required electricity.
24/6 manufacturing requires large amounts of energy
The electricity demand is high. At its site in Gadebusch, NORD manufactures housings, shafts and worm wheels on six days a week, all day long. In five halls, over 180 employees are working on more than 80 machines and 60 interconnected systems. Every year, almost two million components leave the plant that is characterised by a high level of automation.
Every site contributes to achieving NORD’s sustainability targets
Part of the NORD DRIVESYSTEMS Group’s sustainability strategy is to continuously increase the self-produced electric power and the use of renewable energy. The company thus aims to achieve its target of reducing Scope 1 and Scope 2 greenhouse gas emissions by 45 percent by 2030 (compared with the base year 2024). At different sites of the NORD Group, respective projects involving the use of renewable power are being implemented.
Becoming less reliant on fossil resources
The individual sites, such as Fertigungstechnik NORD in Gadebusch, thus make important contributions to achieving the group’s targets. Getting connected to the solar park is the plant’s latest effort to becoming less reliant on fossil resources. In 2012, a heat recovery scheme was launched and implemented step by step. Since then, plate-type heat exchangers have been ensuring that excess heat from the production machines is dissipated and used to heat factory halls, offices and hot water. The recovery system operates without additional heating when outdoor temperatures are above 0 °C. This alone helps Fertigungstechnik NORD save around a third of the 583,000 kWh of fossil heat energy it previously used each year.
22, Oct 2026
Cyclonic Circulation Over Andaman Sea Raises Weather Watch; European Model Hints at Possible Bay of Bengal Cyclone
Bhubaneswar, Oct 22: Weather activity over the Andaman Sea has drawn attention to the possibility of a developing low-pressure system over the Bay of Bengal, with a European weather model indicating the potential for cyclone formation next week. However, the India Meteorological Department (IMD) has not yet issued a forecast confirming the formation of a cyclone.
Representational Image
According to the IMD, a cyclonic circulation that was positioned over the North Andaman Sea on Wednesday moved west-northwestwards and lay over the sea near the Andaman Islands at 5:30 am on Thursday.
Under its influence, a low-pressure area is likely to form over the southeast Bay of Bengal and adjoining east-central Bay of Bengal around October 23, the weather agency said.
The system is expected to move west-northwestwards and may gradually intensify, although its eventual development and trajectory remain uncertain.
European Model Indicates Possible Cyclone Formation
While the IMD has so far forecast the formation of a low-pressure area, the European weather model has indicated a possibility of the system strengthening into a cyclone during the coming week.
According to the model projections cited in reports, there is an estimated 60 per cent chance of cyclone formation over the Bay of Bengal.
The model suggests that the system could develop into a depression by October 25, intensify into a deep depression on October 26 or 27, and potentially reach cyclone strength by October 28.
These projections represent a possible development scenario rather than a confirmed forecast. The system’s actual intensity, movement and chances of further strengthening will depend on evolving atmospheric and oceanic conditions.
Odisha-Andhra Coast Under Watch
The European model’s projected track initially indicates west-northwestward or northwestward movement. Subsequently, the system could move towards the Andhra Pradesh-Odisha coastline, although a more northerly trajectory has not been ruled out.
If the system develops and approaches the eastern coast, rainfall activity along coastal Odisha could increase between October 26 and 29.
However, the projected track and rainfall window remain tentative at this stage. There is no confirmation yet that the system will develop into a cyclone or make landfall along the Odisha coast.
IMD Yet to Confirm Cyclone Development
The distinction between a developing weather system and a confirmed cyclone threat remains important. The formation of a low-pressure area does not automatically mean that it will intensify into a depression or cyclone.
The IMD is monitoring the cyclonic circulation and the potential low-pressure system over the Bay of Bengal. Further observations and updated forecasts will help establish whether the system is likely to strengthen and which areas, if any, could face adverse weather.
With the projected period of possible intensification approaching, residents along the Odisha coast should follow official IMD bulletins for reliable updates on rainfall, wind conditions and any subsequent warnings.
For now, the possibility of a cyclone next week remains an indication from the European model, not an officially confirmed cyclone forecast from the IMD.
22, Oct 2026
Revamped Kalinga Studio Opens to Public in Bhubaneswar; Snow Park Tickets Priced at Rs 150
Bhubaneswar, Oct 22: The revamped Kalinga Studio has reopened to visitors, offering a range of entertainment attractions, including a Snow Park, 3D Movie Magic and an Adventure Land Ghost Bungalow, with entry prices starting at Rs 20.
Representational Image
Responding to growing public interest during the festive season, Kalinga Studios Limited has opened its premises for both visitors and film-shooting activities. The studio was formally opened to the public on October 20, following its modernisation.
The new attractions and ticketing arrangements are expected to draw families, children and entertainment enthusiasts looking for recreational activities in and around the Odisha capital.
Ticket Prices for Major Attractions
The studio authorities have fixed separate entry charges for the individual attractions, in addition to the mandatory general admission ticket.
The ticket prices are as follows:
General studio entry: Rs 20 per person
Snow Park: Rs 150 per person
3D Movie Magic: Rs 100 per person
Adventure Land Ghost Bungalow: Rs 25 per person
Visitors wishing to experience all three attractions will have to pay Rs 275 for the individual attraction tickets. Including the mandatory Rs 20 general admission charge, the total cost for a complete visit covering all three attractions will be Rs 295 per person.
Tickets for the attractions must be purchased separately, according to the arrangements announced by the authorities.
Kalinga Studio Visit Timings and Slots
To manage visitor movement and ensure smooth access to the attractions, the studio has introduced a scheduled entry system with two visiting sessions each day.
The timings are:
Morning session: 10 am to 1:30 pm
Afternoon session: 2 pm to 5:30 pm
Each session is divided into seven slots, taking the total to 14 slots across the two sessions. Every slot lasts 25 minutes.
Visitors planning to experience the Snow Park must adhere to their designated slot timings, as the attraction will operate according to the scheduled entry system.
The authorities have also clarified that tickets will neither be refunded nor rescheduled. Visitors are therefore advised to check their allotted timings carefully before making their bookings.
Modernised Facility for Odisha’s Film Industry
Chief Minister Mohan Charan Majhi inaugurated the upgraded Kalinga Studio earlier this month. The modernisation initiative aims to bring the facility in line with the changing needs of the Odia film industry while expanding its appeal as an entertainment destination.
The reopening marks a renewed phase for the studio, which has traditionally played an important role in Odisha’s film and television production.
By opening its upgraded premises to the public alongside shooting activities, the management is seeking to make the facility accessible to a wider audience.
With affordable general admission and multiple paid attractions, the revamped studio offers visitors a new recreational option in Bhubaneswar. Those planning a visit should take note of the separate attraction charges, fixed time slots and non-refundable ticket policy before entering the premises.
22, Oct 2026
Arclin Announces Strategic Expansion of Nomex® Manufacturing Capacity
Multimillion-dollar investment in Asturias will strengthen supply chain resilience and support growing demand for Nomex® paper across aerospace, electrical infrastructure, electric vehicle (EV), defense, and other critical markets
ALPHARETTA, Ga., Oct. 22, 2026 /PRNewswire/ — Arclin, a leading materials science company, today announced a multimillion-dollar investment to expand floc production capacity at its Asturias, Spain facility, marking an important step in the company’s strategy to invest in the long-term growth of the Nomex® business and enhance supply for customers around the globe.
Since acquiring Nomex® in April 2026, Arclin has focused on investing in capacity, reliability, and long-term growth to meet increasing customer demand. The company is delivering record paper volume in 2026 and anticipates continued supply growth in 2027.
“When we bought the Nomex® business, we committed to investing in its future,” said Bradley Bolduc, Chief Executive Officer at Arclin. “Expanding production in Asturias will strengthen our global manufacturing network and help ensure we can continue supporting customers as demand grows across aerospace, electrical infrastructure, defense, and transportation markets.”
The Asturias facility has been a cornerstone of the Nomex® manufacturing network since 1993. Through this investment, the site will add Nomex® paper production capabilities and become one of four production facilities in Arclin’s global Nomex® paper manufacturing network. Construction is expected to be completed by the end of 2027, with full commissioning planned for early 2028.
“Our customers depend on Nomex® paper for some of the world’s most demanding applications, from aircraft and electric vehicles to power generation and grid infrastructure,” said Mark Glaspey, President at Arclin. “For decades, Nomex® has set the standard for performance in mission-critical applications. Building on that legacy, we are advancing the technology, developing new specifications, and working closely with customers to address evolving performance requirements and enable new applications. This investment reflects confidence in both the future of these markets and the critical role Nomex® paper plays within them.”
About Arclin
Arclin is a leading materials science company and manufacturer of polymer technologies, engineered products, and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design, and other industries. Headquartered in Alpharetta, Georgia, Arclin has offices and manufacturing facilities across North & South America, Europe, and Asia and serves customers worldwide. For more information, visit www.arclin.com.
Arclin Media Contact
Jana Wright
Chief Marketing & Communications Officer
inquiries@arclin.com
Nomex® is a registered trademark of Arclin.
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22, Oct 2026
AVer Announces FONE700+ Scalable Ceiling Speakerphone System for Large Hybrid Meeting Spaces
Taipei, Taiwan – Oct 22: AVer Information Inc., an award-winning provider of AI audio-video solutions, today announced the AVer FONE700+, a next-generation ceiling-mounted speakerphone system built to turn large meeting rooms into highly dynamic workspaces. With expandable audio and support for multi-camera voice tracking, this innovation elevates real-time interaction, making discussions between virtual and in-person attendees feel completely organic.
The FONE700+ ceiling speakerphone system brings uncompromised audio clarity to spacious environments, ensuring every participant is heard distinctly whether they are seated at the table, presenting at the front, or speaking from across the space. Driven by all-new AI noise reduction and advanced echo cancellation, it intelligently filters out background distractions and helps remote attendees follow the conversation effortlessly. For demanding enterprise workloads, the system expands to support up to five daisy-chained speakerphone units, extending consistent coverage while minimizing acoustic dead zones. It also supports seamless voice tracking, automatically directing connected AVer USB cameras to keep active speakers in view. Together, these capabilities support a more inclusive hybrid meeting experience and greater meeting equity by helping participants stay heard and visually connected to the conversation.
Key User Benefits at a Glance
- Natural, Scalable Hybrid Collaboration: Expand acoustic coverage by linking up to five units, tailored perfectly for expansive environments.
- Speaker-Focused Multi-Camera Tracking: Automatically direct compatible AVer USB cameras toward the person speaking, keeping remote participants fully engaged.
- Clean Installation, Streamlined Deployment: Free up table space and eliminate clutter with a sleek overhead design, powered by a single-cable architecture that fits professional layouts.
- Flexible UC Compatibility: Integrate easily with displays, Bluetooth® devices, and leading UC platforms — including Microsoft Teams, Zoom, and Google Meet™.
22, Oct 2026
Dr. K. A. Paul Calls on Israelis to Unite for Peace and Political Change on October 27
WASHINGTON, D.C., Oct 22: Dr. K. A. Paul, the world’s most popular evangelist, founder of the Global Peace Initiative, and longtime peace advocate known for his public campaigns promoting peace and reconciliation, today issued an urgent appeal to the media and the people of Israel to unite for peace, demand political accountability, and oppose the reelection of Prime Minister Benjamin Netanyahu in the political process culminating on October 27.
Dr. Paul argues that Prime Minister Netanyahu’s policies and advocacy for military confrontation have been major contributing factors to the war involving Iran, Israel, and the United States. He calls on Israelis who love their country and want a peaceful future to raise their voices and elect a peace loving leader
“My appeal is to every Israeli who loves Israel, every Jewish person who wants a secure future for their children, and every citizen who believes that peace is possible. Please stand united for peace, accountability, and a new direction. No leader should be above accountability for decisions that bring devastation to millions of people.”
A WAR WITH CONSEQUENCES FAR BEYOND THE MIDDLE EAST
Dr. Paul warned that the consequences of the Iran war affected all citizens of the world with high gasoline , groceries prices, economic stability, international security, and the lives of vulnerable populations worldwide.
He argued that rising food costs have placed an unbearable burden on families already struggling to survive. According to Dr. Paul, grocery prices have doubled in some countries and increased severalfold in others, making basic necessities increasingly unaffordable.
He emphasized the plight of people who cannot afford sufficient food, clean water, and essential nutrition.
“When the cost of food rises beyond what ordinary families can afford, the poorest people suffer first. Children, elderly people, and families already living in poverty cannot simply adjust their budgets indefinitely. When people go without adequate food and clean water for months, the consequences can be devastating.”
Dr. Paul called on the international community, humanitarian organizations, religious leaders, and governments to urgently assess the war’s effects on global food security and take immediate steps to protect vulnerable populations.
He stressed that the human cost of war must be measured not only in military casualties but also in hunger, displacement, economic hardship, and the loss of hope among ordinary people.
“This is not merely a regional conflict. The consequences of war reach families, workers, farmers, and vulnerable communities across the world. We must stop the destruction and pursue peace before the humanitarian consequences become even worse.”
DR. PAUL SAYS NETANYAHU MUST BE HELD POLITICALLY ACCOUNTABLE
Dr. Paul directly criticized Israeli Prime Minister Benjamin Netanyahu, arguing that his approach to Iran has helped drive the region toward a dangerous military confrontation.
He expressed concern that President Donald Trump was persuaded that military action could produce regime change in Iran, a goal Dr. Paul considers unrealistic and dangerously destabilizing.
Having visited Iran three times on official visits and once privately, Dr. Paul said his experiences have shaped his understanding of the Iranian people, their society, and the country’s political realities.
“I have visited Iran and met presidents and people there. I met President Massoud of Iran on 25th September 2026 in New York City . I believe that those who assume that military strikes or the assassination of national leaders will automatically produce regime change fundamentally misunderstand the country and its people.”
Dr. Paul questioned the decision to pursue the assassination of Iran’s Supreme Leader, whom he described as a revered religious figure for millions of Muslims. He argued that the killing of political and religious leaders can deepen hostility, increase instability, and make peaceful negotiations more difficult.
He called for an honest examination of the decisions that led to the war, including the advice given to President Trump by P. M. Netanyahu the objectives of the military campaign, and the possibility of achieving a sustainable peace through negotiations.
Dr. Paul maintains that Prime Minister Netanyahu should face political accountability for his role in the crisis and that Israeli voters should consider the consequences of his leadership when determining the country’s future.
DR. PAUL PRAISES SPEAKER MIKE JOHNSON’S PEACE EFFORTS
Dr. Paul expressed appreciation for U.S. House Speaker Mike Johnson, whom he described as a friend and a man of faith.
According to Dr. Paul, Speaker Johnson has devoted considerable time to efforts aimed at ending the conflict, including discussions involving President Trump and other political leaders.
“For 38 years, I have observed American political leadership and spoken with leaders across the political spectrum. I appreciate everyone who is sincerely working to stop this war. I am grateful to Speaker Mike Johnson for the efforts I understand he has made toward finding a peaceful solution.”
Dr. Paul said he believes that political and religious leaders have a moral responsibility to prioritize human life, diplomacy, and the long-term security of nations over prolonged military confrontation.
He also expressed his hope that America’s political leadership would help bring the parties toward a negotiated settlement.
QUESTIONS ABOUT THE ADVICE GIVEN TO PRESIDENT TRUMP
Dr. Paul raised questions about the influence of advisers and intermediaries involved in efforts to address the Iran conflict .
Dr. Paul believes that the administration should provide greater clarity about how the decision to pursue military action was reached, what alternatives were considered, and whether the prospect of regime change influenced the president’s decision.
He also raised concerns about potential conflicts of interest involving individuals participating in Middle East diplomacy and their financial or personal connections.
These concerns, he said, deserve transparent examination based on documented evidence. Dr paul given a 15 point peace proposal on 15th March to end the Iran war.
He urged the relevant parties to establish whether the proposal was reviewed and whether any of its provisions could contribute to ending the war.
“If a peace proposal can help save lives, it should be examined seriously. The world cannot afford to allow personal relationships, political rivalries, or competing interests to stand in the way of a genuine effort to end this conflict.”
A CALL FOR A NEGOTIATED PEACE AGREEMENT
Dr. Paul reiterated his commitment to pursuing a peaceful resolution through direct dialogue, international engagement, and negotiations involving the parties to the conflict.
He called on the United States, Israel, Iran, and international partners to prioritize an immediate diplomatic process focused on ending hostilities, protecting civilians, preventing further regional escalation, and addressing the security concerns of all parties.
He said the international community must move beyond military solutions and recognize that a durable peace requires negotiations, mutual security assurances, and a willingness to address the underlying causes of the conflict.
Dr. Paul urged political leaders to examine his 15-point peace proposal and other credible diplomatic initiatives that could provide a path toward ending the war.
OCTOBER 27: DR. PAUL’S APPEAL TO THE PEOPLE OF ISRAEL
Addressing Israelis directly, Dr. Paul called for peaceful civic participation and political accountability on October 27.
“To every Israeli who loves your country: please stand together for peace. To every Jewish person who wants a safer world for your children and grandchildren: your voice matters. To every citizen who believes that Israel deserves a future free from endless war: this is the time to speak.
“Do not confuse loving Israel with supporting every decision made by its leader . You can love Israel and still demand accountability from its leaders. You can defend the security of the Israeli people while opposing policies that risk wider war.
“I respectfully urge the Israeli people to consider whether Prime Minister Benjamin Netanyahu’s leadership has brought the country closer to lasting peace or placed it at greater risk. I call on those who oppose his policies to unite peacefully and pursue political change through the democratic process.”
Dr. Paul emphasized that his appeal is directed at political leadership and government policy, not at Jewish people as a religious or ethnic community.
He said that Israelis, Palestinians, Iranians, Americans, and people throughout the Middle East deserve a future in which children can grow up without the constant threat of war.
A MESSAGE TO WORLD LEADERS
Dr. Paul concluded by calling on the international community to place human life above political ambition and asked the media and the leaders to participate the Global Peace and prayer meeting in Dallas in Prismo Colinas from 6 to 9 PM on Sunday October 25,2026 .
“The world has enough weapons to destroy lives. What we urgently need is the courage to make peace.
“I appeal to President Trump, Prime Minister Netanyahu, Iran’s leaders, Speaker Mike Johnson, and leaders throughout the international community: please choose diplomacy. Please listen to those who are seeking peace. Please give serious consideration to every credible proposal that can end this war.
“History will remember not only the wars leaders fought but also the opportunities for peace they either embraced or rejected.
“My prayer is that October 27 will become a moment when the people of Israel raise their voices for peace, accountability, and a better future for generations to come.”
Dr. Paul reaffirmed his commitment to continued engagement with political, religious, and humanitarian leaders in the pursuit of a peaceful resolution.
His message is clear: the people of Israel deserve security, the people of Iran deserve peace, the American people deserve good leadership, and the world deserves an end to this devastating War.
22, Oct 2026
Maharashtra’s Ethanol Industry Faces Uncertainty as Centre Restricts Sugarcane-Based Ethanol Procurement
Mumbai, Oct 22: Maharashtra’s sugar and ethanol industry is facing mounting financial uncertainty following the Centre’s decision to restrict ethanol procurement from sugarcane juice, sugar syrup and B-heavy molasses for the upcoming ethanol supply year, raising concerns over investments, factory operations and farmer incomes.
Representational Image
The procurement guidelines issued on October 16 by oil marketing companies (OMCs) have triggered apprehension among sugar mill operators and independent distillery owners, many of whom expanded their production capacities in response to the government’s ethanol-blending programme.
The policy shift is aimed at ensuring adequate domestic sugar availability. However, industry representatives warn that restricting procurement to ethanol produced from C-heavy molasses could make several existing projects financially unviable, potentially leaving factories struggling to service loans and recover their investments.
Heavy Investments at Risk
India’s ethanol industry witnessed substantial expansion after the government encouraged producers to support the target of blending 20 per cent ethanol with petrol, with the broader objective of reducing dependence on imported crude oil and conserving foreign exchange.
According to industry representatives, nearly Rs 1 lakh crore has been invested in the country’s ethanol sector. They estimate that investments worth around Rs 40,000 crore in sugarcane-based ethanol production could be exposed to significant financial risks under the revised procurement framework.
India’s total installed ethanol manufacturing capacity stands at approximately 2,000 crore litres annually, including around 848 crore litres of grain-based capacity, according to figures cited by industry sources.
Maharashtra, one of the country’s leading sugar-producing states, has also witnessed substantial investment in distilleries and ethanol-processing facilities. A senior sugar cooperative chairman said the state has 16 standalone and grain-based distilleries with a combined annual production capacity of approximately 56 crore litres.
The cost of setting up a grain-based distillery with a daily capacity of 60 kilolitres is estimated at Rs 120 crore to Rs 135 crore, while a 30-kilolitre facility may require an investment of Rs 50 crore to Rs 60 crore.
Industry stakeholders argue that such capital-intensive projects require predictable procurement policies and adequate market access to remain commercially sustainable.
Capacity Utilisation Remains a Concern
Data from the Maharashtra State Cooperative Sugar Factories Federation Ltd indicates that sugar factories in the state have an installed ethanol production capacity of approximately 3,750 million litres.
During the 2025-26 season, these factories supplied around 1,250 million litres, utilising roughly 30 per cent of their installed capacity.
Industry representatives fear that the latest restrictions could further reduce utilisation levels, particularly at facilities designed to process sugarcane juice, syrup and B-heavy molasses.
They also contend that ethanol production exclusively from C-heavy molasses may not generate sufficient returns under prevailing market conditions, although the financial impact is likely to vary depending on production costs, plant configuration and access to alternative feedstocks.
Sugar Production Versus Ethanol Expansion
The Centre’s decision reflects the challenge of balancing the country’s sugar requirements with its ambitions for expanding ethanol blending.
According to estimates by a high-level committee chaired by Maharashtra Chief Minister Devendra Fadnavis, the state is expected to have approximately 99 million tonnes of sugarcane available for crushing during the 2026-27 season.
Sugar production has been projected at around 9.6 million tonnes after diverting an estimated 1.5 million tonnes of sugar towards ethanol production.
Industry participants acknowledge the importance of maintaining adequate domestic sugar supplies but argue that abrupt changes in procurement policy could undermine the investments made to build ethanol production capacity.
Industry Leaders Warn of Financial Fallout
Harshvardhan Patil, chairman of the National Federation of Cooperative Sugar Factories and a former Maharashtra Cooperation Minister, expressed concern over the potential consequences for banks, sugar mills and farmers.
He said government encouragement had prompted sugar factories to establish distilleries and invest heavily in ethanol projects. According to Patil, ethanol blending has helped save approximately Rs 2 lakh crore in foreign exchange and generated payments of around Rs 1.75 lakh crore for farmers.
He warned that the financial stability of the sector could come under pressure if existing facilities are unable to operate profitably, raising concerns about potential non-performing assets in the banking system.
B.B. Thombare, president of a sugar mills association, also criticised the policy shift, arguing that the ethanol economy had been developed through years of investment and policy support.
He maintained that temporary fluctuations in sugar availability should be addressed through a balanced approach that protects domestic consumers without destabilising the long-term development of the ethanol industry.
Mills Seek Support for Multi-Feed Distilleries
Amid the uncertainty, cooperative sugar mills are seeking government assistance to convert existing distilleries into multi-feed facilities capable of processing maize and other grains alongside sugar-based feedstocks.
Such upgrades could allow producers to diversify their raw material sources, improve year-round operations and reduce dependence on a single procurement category.
However, converting plants would require additional capital expenditure, technical modifications and access to reliable supplies of alternative feedstocks. Smaller mills and financially stretched cooperatives could face particular difficulties in financing the transition.
Industry representatives are therefore urging the Centre to reconsider the procurement framework and provide a transition mechanism for projects established under earlier policy incentives.
The coming months will be crucial for Maharashtra’s sugar and ethanol sector as mills assess the viability of their operations under the revised rules. For an industry that has invested heavily in support of India’s fuel-blending ambitions, the immediate challenge is to reconcile the government’s objective of protecting sugar supplies with the need to maintain financial stability, safeguard farmers’ interests and preserve the capacity created for ethanol production.
22, Oct 2026
Bybit AI Empowers Users with Their Personal Financial Edge, Adding Personalization and Memory
DUBAI, UAE, Oct. 22, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has announced new personalization and memory features for Bybit AI, its in-app intelligent conversational layer. Bybit AI now builds a profile from each user’s assets, positions, behavior and risk profile, connecting wealth, markets and trading across the Bybit ecosystem.
Launched in September, Bybit AI organically unifies Bybit’s core services within a single chat interface. The newly added features extend its capacity from responding to individual requests to maintaining a continuous understanding of the user, giving each user their personal financial edge.
Putting the user at the center, Bybit AI is evolving on three pillars:
- Personalized: With permissions granted and limits set, Bybit AI analyzes actual account information, including financial behavior and risk profile alongside assets and positions, to generate outputs tailored to the individual.
- Connected: Bybit AI links Markets, Trading, Earn, Card and other Bybit products, drawing on the full picture of a user’s holdings and activity rather than a single product.
- Remembered: Users can proactively share their preferences with Bybit AI, which retains this context through long-term memory so that each conversation builds on the previous one.
The release also introduces Featured, a set of customized entry points for specific use cases. Each entry point offers predefined prompts, such as generating a wealth management plan based on a user’s assets and risk tolerance, and returns structured analysis with key data, clear insights and suggested next steps.
Bybit AI supports main account operations while giving users the option to deploy it within a dedicated Bybit AI sub-account. The AI-powered assistant is built on a security-first architecture. Outputs are provided for informational purposes only and do not constitute investment advice. Instructions are executed in chats only after customer authorizations.
Bybit expects to introduce further updates to Bybit AI as it continues to build toward AI-native financial services, with conversational intelligence positioned as core infrastructure.
To explore Bybit AI and learn more about how it works, users may visit: Bybit AI – Learn how to use Bybit through conversation.
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Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.
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