PR Newswire

XCMG has accelerated equipment deliveries and deployments in Angola, Southeast Asia, South America and Mozambique, supporting road construction, lifting, aerial access and green mining projects. Deliveries include more than 100 units of integrated road construction equipment in Angola, nearly 300 crawler cranes across Southeast Asia and 80 aerial work platforms in South America. In Mozambique, XCMG delivered an integrated road construction solution and deployed a fully electric mining excavator, highlighting its broad portfolio and localized service capabilities.

Discussing how to move innovation from the laboratory to commercial deployment, Li argued that real-world industrial settings should determine technology priorities. He cited partnerships with XCMG Group and Australian mining giant Fortescue as examples. Together they are creating integrated green value chains linking mines, railways and shipping—for example, using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel. These system-level applications, Li said, create the real-world demand that drives innovation.

The RESPITE Solar-plus-Storage Project in Sierra Leone, backed by the World Bank, represents a milestone in the country’s power development journey, aiming to increase the national electricity access rate from 16% to 36%. Sungrow’s PowerTitan Series ESS played a crucial role in addressing financing challenges and gaining confidence from investors. With the country facing daily power outages of up to 18 hours, the project’s black start capability allows for independent off-grid operation, providing stable electricity to households, schools, healthcare facilities, and commercial and industrial users.

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced that Investec has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across multiple countries. The bank will migrate from legacy platforms to Finacle, establishing a future-ready technology foundation aligned with its growth strategy. Key benefits include real-time data and AI foundations, accelerated lending growth, compelling cash management propositions, sharper liquidity optimization, seamless connectivity with the fintech ecosystem, and cloud-native SaaS implementation through the Microsoft Marketplace.

Binance today announced that bStocks, its tokenized securities offering, has surpassed $500 million in assets under management (AUM), seven weeks after launch. Since going live on June 11, 2026, the product has expanded from five tickers to more than 46 listings, providing eligible users with 24/7 access to tokenized securities and free, instant conversion between a bStock and its underlying stock. The milestone reflects growing demand for tokenized market access as more users explore traditional financial markets through Binance. Early platform data indicates that bStocks is attracting a predominantly crypto-native audience, with many users using tokenized securities as their first exposure to traditional finance.