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Roya News
4 hours ago
- General
- Roya News
Registration opens for 3rd cycle of Al Hussein Bin Abdullah II Award for Voluntary Service
Minister of Youth and Vice Chairman of the Board of Trustees of the Hussein Bin Abdullah II Award for Voluntary Service, Engineer Yazan Shdeifat, on Saturday launched the registration link for the award's third cycle via its official website. The announcement took place during the launch of the 2025 Hussein Youth Camps for Work and Construction. Shdeifat noted that the award, launched by Crown Prince Hussein bin Abdullah II in 2021 to mark International Volunteer Day, aims to promote a culture of volunteerism, encourage initiative, innovation, and excellence in voluntary work, and recognize the efforts of individuals, volunteer teams, and contributing or supporting institutions in achieving sustainable development. The award's vision and mission focus on excellence in volunteer work to serve the Jordanian community, expanding the culture of volunteerism, enabling individuals and institutions to apply excellence standards to their volunteer projects and initiatives, and motivating and honoring outstanding contributors while highlighting their success stories. The award is built on three core principles: recognition, motivation, and encouraging healthy competition among individuals and institutions to deliver impactful volunteer work and share best practices. It also emphasizes values such as giving, leadership and innovation, equal opportunity, social responsibility, transparency, sustainability, and motivation. Applicants can compete in one of four categories: Best Distinguished Individual Volunteer Work, Best Distinguished Volunteer Team, Best Distinguished Volunteer Project (Corporate Social Responsibility) for for-profit institutions, and Best Distinguished Volunteer Project for non-profit institutions. Eligible fields for volunteer work include social, health, educational or training, sports, arts and culture, environment, tourism, entrepreneurship, and innovation. Registration for the award will remain open until the end of August. The evaluation of submissions will follow three phases: initial screening, desk evaluation, and field assessment. Finalists will be selected based on the award's criteria, which assess initiative planning, execution, sustainability, impact, and results. Winners will compete for 12 awards across all categories, with the top three entries in each category receiving awards. All applicants will receive a certificate of participation in recognition of their contributions to volunteerism. Interested applicants can visit the award's official website to view the application guide, category-specific guidelines, eligibility requirements, and required documentation.
Yahoo
21 hours ago
- Business
- Yahoo
Trump says he's "terminating all discussions on trade with Canada"
President Trump says he's "terminating all discussions on trade with Canada, effective immediately," after Canada announced a digital services tax on large foreign and domestic technology companies. Posting on Truth Social Friday afternoon, the president said the U.S. will let Canada know what their tariff rate will be in the next week. The trade talks blowup comes only a week after the president met with Canadian Prime Minister Mark Carney at the Group of Seven economic summit in Alberta. "We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country," the president wrote. "They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately." The post came shortly after Mr. Trump told reporters in a press conference at the White House that he will soon be sending letters to countries with whom trade talks aren't going well, and tell them what their tariff rate is. Canada is one of the United States' biggest trading partners. The U.S. has imposed tariffs on most imports from Canada, and Canada has hit back with tariffs on U.S. exports to Canada. Hegseth slams Iran strikes initial assessment that contradicts Trump's take Young Cuban girl asks Trump to lift travel ban stopping her from joining mom in U.S. Jeff Bezos and Lauren Sánchez set for star-studded wedding in Venice
Miami Herald
a day ago
- Business
- Miami Herald
Retired Americans face alarming six-figure threat to Social Security benefits
Nearly 70 million Americans receive Social Security benefits, and the majority of senior recipients rely on monthly payments to supplement their retirement income. Although the Social Security Administration has faced potential insolvency for decades, declining birth rates, combined with longer life expectancies, have created financial pressure on the federal program. While some experts have suggested removing the cap on Social Security taxes for high earners to address the funding gap, widespread reform is unlikely to pass in the near future. Don't miss the move: SIGN UP for TheStreet's FREE daily newsletter The Social Security Board of Trustees released its annual report earlier this month, reiterating last year's findings that the program is on track to become insolvent within the next decade, forcing a reduction in benefits for seniors. However, the actual financial impact on retired households may be far greater than expected. To make up for lower Social Security checks in the future, seniors will need to contribute more to their retirement plans to offset the loss. The 2025 Social Security Board of Trustees report was released earlier this month, reiterating last year's findings that retirement benefits are on track to become insolvent by 2033, with all Social Security Trust funds depleted by 2035. After that, seniors will see a 23% reduction in their Social Security payments. This shortfall would cut seniors' payments by $4,039 per year, amounting to $100,980 over the course of the average length of retirement. However, the median retirement account balance is $87,000, meaning that most Americans will be even further behind in their savings plans. As the cost of living continues to rise, impacting essentials like food, housing, and health care, workers will need to increase their 401(k) and IRA contributions to supplement their savings. More on retirement & social security: New tax policy will soon impact 401(k) and IRA contributionsDave Ramsey offers urgent thoughts about MedicareJean Chatzky shares major statement on Social Security "Social Security is the backbone of retirement income for most Americans," said PensionBee CEO Romi Savova. "These figures highlight a stark reality: retirement is a personal responsibility, and the safety net is getting thinner." However, younger workers may have a slight advantage over those approaching retirement now. Having more time to save and build interest on a retirement portfolio provides more opportunity to offset the loss from lower Social Security checks. Although it's long been possible that Social Security could exhaust its funds, the threat of insolvency is now stronger than ever. Despite the fact that most Americans under 45 aren't confident Social Security will be around at all when they retire, younger workers have more time to plan for the reality of reduced benefits. Related: Your Social Security income may change because of a new rule A 25-year-old worker would only need to save an additional $35 per month, or $708 per year over 42 years, to recoup the $100,000 lost in reduced Social Security payments. However, a 45-year-old worker would need to increase their annual contributions by over $2,000, and a 55-year-old would need to save an additional $6,000 per year. "The longer you have to prepare, the more manageable the impact of potential cuts - and the less you need to contribute in total," Savova continued. Although the fate of Social Security is tenuous, early preparation and consistent saving can help offset benefit reductions in the future. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
a day ago
- Automotive
- Yahoo
A $124.97B Market by 2030 - How Battery Tech and Zero-Emission Mandates Are Driving the Future of Freight Mobility The Research Insights
CHICAGO and PUNE, India, June 27, 2025 /PRNewswire/ -- The Electric Trucks Market is projected to be valued at USD 29.69 billion in 2024 and reach USD 124.97 billion by 2030, growing at a CAGR of 27.1% according to a new report by The Research Insights. Rising emphasis on emission-free vehicles is anticipated to enhance the global sales of electric trucks, especially in the e-commerce and logistics domain. It will help the OEMs to expand their revenue stream and geographic footprint in the electric commercial vehicle industry. The report runs an in-depth analysis of electric trucks market trends, key players, and future opportunities. In general, the Electric Trucks Market growth of 27.1% comprises a vast array of Vehicle, Propulsion, Vehicle Range, Application, and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Electric Trucks Market, Download the Sample Pages: Market Overview and Growth Trajectory: Electric Trucks Market Growth: According to an exhaustive report by The Research Insights, the Electric Trucks Market is experiencing significant growth. The electric trucks market is growing rapidly, driven by unique and emerging trends apart from conventional ones like fuel savings and emission regulation. Improvements in battery technology and solid-state and lithium iron phosphate (LFP) batteries are enhancing the range, safety, and fast charging capability of electric trucks. Also, supply chain electrification efforts by major retailers and logistics companies pursuing ESG (Environmental, Social, and Governance) goals are accelerating fleet-level adoption. Growing demand for V2G integration and smart fleet management systems are driving the market, which allows electric trucks to operate as energy sources during peak loads. Also, the government incentives are shifting from subsidizing vehicles to ZEV (zero-emission vehicle) mandates and carbon credit programs, which is especially attractive for larger fleet owners. Finally, partnerships between truck OEMs and EV startups are helping accelerate innovation, and vertical integration, i.e., in-house battery production is enhancing control over cost and supply chain security. All these developments are driving the electrification of the commercial vehicle industry, one of the fastest-growing and transforming industries. Regulatory Push for Emissions Reduction and Government Incentives: Governments around the world are implementing strict emission regulations to mitigate climate change and reduce air pollution. North America, Europe, and parts of Asia are introducing stringent regulations for the transport sector, which is one of the major contributors to GHG emissions. Frameworks like the EU's Green Deal, the EPA's GHG emission standards, and China's NEV (New Energy Vehicle) policies are encouraging the adoption of electric propulsion in commercial vehicles. The government also offers various incentives, including purchase subsidies, tax exemptions, free registration, and zero-emission zones for electric commercial vehicles. Funding for electric vehicle charging stations, R&D grants, and ZEV credits are making electric trucks affordable and lucrative for manufacturers and customers. The battery subsidy is likely to be the most significant source of reduction in upfront costs, followed by reduced registration fees. The combination of government incentives is making electric trucks a financially viable and profitable choice for companies looking to comply with emission regulations and improve sustainability credentials. Stay Updated on The Latest Electric Trucks Market Trends: Technological Innovations in Batteries and Charging Infrastructure: Advancements in battery technology and solid-state and lithium-ion batteries are increasing the capability of electric trucks in terms of performance, range, and affordability. The range of electric trucks has now reached more than 300 miles on a single charge, making it a potential replacement for diesel-powered trucks not only in city deliveries but also for regional and intercity transportation. Battery energy density improvements, battery lifecycle, and safety developments have eliminated some of the concerns about payload limits and vehicle downtime. The widespread deployment of high-speed charging infrastructure for electric vehicles, including megawatt charging for heavy-duty trucks, is reducing range anxiety and enabling more flexibility in operations. Smart charging, V2G technology, and energy management systems are emerging, allowing fleet owners to optimize energy usage and reduce TCO (total cost of ownership). Technological innovations are overcoming some of the operational challenges associated with diesel trucks and making them a viable alternative to diesel-powered vehicles. Corporates' ESG Goals and Fleet Electrification Trends: A rise in corporate sustainability and ESG (environmental, social, and governance) goals is driving the demand for electric trucks. Increasing numbers of corporates, including logistics companies like Amazon, UPS, FedEx, and Walmart, are going carbon neutral and electrifying their fleets as part of their broader carbon strategy. These organizations view fleet electrification as a critical move to reduce their carbon footprint, adhere to future emission regulations, and improve their image in the eyes of increasingly eco-conscious customers and investors. The TCO (total cost of ownership) of electric trucks is also becoming more favourable in the long term, as they incur lower maintenance costs, lesser fuel expenses, and longer service life. The application of data analytics and telematics are also helping fleet managers track vehicle performance and maximize utilization. As companies realize the long-term financial and brand benefits of electrification, the demand for electric trucks, including light-duty vans and heavy-duty haulers, is likely to grow in industries such as logistics, retail, manufacturing, and construction. For Detailed Market Insights, Visit: Geographical Insights: North America leads in terms of the share of total revenue in the global electric trucks market in 2023 with 37.6%. Government incentives and supportive policies play a crucial role in driving the transition to electric mobility in North America. Both the State and Federal governments in the US have enacted tax credits, grants, and subsidies to support investment from automakers and customer demand for electric vehicles. This is why North American automakers are offering new products and services to keep up with the rising demand for electric vehicles in North America. The Asia-Pacific region is projected to witness the highest Compound Annual Growth Rate (CAGR) during the forecast period owing to a confluence of supportive government policies and incentives creating a conducive environment for the business of electric trucks. China's New Energy Vehicle mandate and India's Faster Adoption and Manufacturing of Electric Vehicles (FAME) are some of the initiatives driving growth. The fast rise of e-commerce in the region has created an uptick in demand for environment-friendly transportation solutions by logistics and delivery firms, which is in turn leading to new developments from local players like BYD, FAW Group, and Dongfeng Motor. Global Electric Trucks Market Segmentation and Geographical Insights: Based on Vehicle, the electric trucks market is divided into, Light Duty Trucks, Medium Duty Trucks, and Heavy-Duty Trucks. Light duty trucks have been the clear market leader in 2023, accounting for a substantial 64.0% share of revenue. Based on Propulsion, the electric trucks market is divided into, BEV, PHEV, and HEV. Battery Electric Vehicles (BEVs) dominated the market share in 2023, driven by their exceptional performance, reduced operating expenses, and growing recognition as a viable alternative to traditional IC engine trucks. Based on Vehicle Range, the electric trucks market is divided into, up to 300 miles, 300-600 miles, and Above 600 miles. In 2023, electric vehicles with a range of up to 300 miles dominated the market due to their tailored fit for commercial fleets' daily route needs, especially in urban and regional transportation contexts. Based on Application, the electric trucks market is divided into, Logistics & Delivery, Construction, Waste Management, and Others. The logistics and delivery segment dominated the market in 2023, primarily driven by the surge in e-commerce and growing consumer demands for swift and dependable delivery services. The Electric Trucks Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For Region-Specific Market Data, Check Out Brief Sample Pages: Key Players and Competitive Landscape: The Global Electric Trucks Market is characterized by the presence of several major players, including: AB Volvo BYD Company Ltd. Daimler Truck AG Dongfeng Motor Company FAW Group Co., Ltd. Foton International ISUZU MOTORS LIMITED Navistar, Inc PACCAR Inc. Scania These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Global Electric Trucks Market Recent Developments and Innovations: In May 2025, Scania (Sweden) announced plans to invest approximately USD 2 billion to build a new production plant in Rugao, China, marking its third global manufacturing site after Sweden and Brazil. The new plant will start production by October 2025 and will produce 50,000 vehicles per year, which is approximately twice the production capacity of the plant in Brazil. Scania aims to reinforce its presence in the Asian market, shorten the delivery time and align with the local technological trends in the field of transportation in China. In February 2025, Dongfeng Motor Corporation (China) showcased three models DONGFENG GX, KC PRO and KC PLUS at the DONGFENG DAY 2025 held in Jakarta, Indonesia. DONGFENG DAY 2025 marked the company's first move to develop and establish its own market in Southeast Asia in the electric truck segment. In January 2025, Daimler Truck AG (Germany) received an order from Amazon (US) for 200 Mercedes-Benz eActros LongHaul battery electric heavy-duty trucks. The vehicles will be used for logistics operations in Germany and the UK to enable the carbon-free transportation service provided by Amazon. The first deliveries will start at the end of 2025. In January 2025, Scania (Sweden), SKF (Sweden), and LOTS Group (Sweden) initiated a project to introduce an electrically driven truck transport between Gothenburg and Helsingborg, Sweden. Battery electric Scania trucks powered by SKF charging solutions will run along the route to illustrate the potential for fossil-free long-distance transportation. LOTS Group will be responsible for the operation and logistics for this project to reduce carbon emissions in the entire supply chain. The companies aim to speed up the conversion to fossil-free transportation and demonstrate new solutions for fossil-free logistics. Purchase Premium Copy of Global Electric Trucks Market Size and Growth Report (2024-2030) at: Frequently Asked Questions (FAQs): What is the forecasted market size of the Electric Trucks Market in 2030?➢ The forecasted market size of the Electric Trucks Market is USD 124.97 Billion in 2030. Who are the leading players in the Electric Trucks Market?➢ The key players in the Electric Trucks Market include, AB Volvo; BYD Company Ltd.; Daimler Truck AG; Dongfeng Motor Company; FAW Group Co., Ltd.; Foton International; ISUZU MOTORS LIMITED; Navistar, Inc.; PACCAR Inc.; Scania. What are the major drivers for the Electric Trucks Market? ➢ The market is driven by a combination of factors that prioritize sustainability and environmental responsibility. Which is the largest region during the forecasted period in the Electric Trucks Market?➢ North America leads in terms of the share of total revenue in the global electric truck market in 2023 with 37.6%. Which is the largest segment, by vehicle, during the forecasted period in the Electric Trucks Market?➢ The Light duty trucks have been the clear market leader in 2023, accounting for a substantial 64.0% share of revenue. Conclusion: Technological advancements in batteries, energy management systems, and charging infrastructure are reshaping the electric trucks market and addressing growing needs for sustainable transportation in different sectors. The increasing demand for decarbonization in logistics, the government regulations on emissions, and the rising cost of fossil fuels are accelerating the transition to electric mobility. Electric trucks are now an essential part of fleet operations, last-mile delivery, and long-haul transport because of their lower environmental impact, reduced operating costs, and improved range. Integrating with smart grid systems and telematics improves real-time monitoring, route optimization, and predictive maintenance. Fast-charging solutions, flexible battery design, and supportive policy frameworks are crucial for adoption. As a part of the broader trends in green energy and smart mobility, electric trucks are becoming integral parts of the next-generation transport ecosystem that is aligned with global climate goals and digital transformation. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders— governments, automotive manufacturers, logistics companies, fleet operators, regulatory agencies, and environmental organizations—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 124.97 billion by 2030, the Global Electric Trucks Market represents a significant opportunity for battery technology startups, charging infrastructure providers, software developers, renewable energy companies, and autonomous driving tech firms. Check out more related studies published by The Research Insights: Heavy-duty Electric Trucks Market: The Global Heavy-duty Electric Trucks Market is expected to reach at USD 4.70 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 20.6% during the forecast period. The introduction of heavy-duty electric trucks is revolutionizing the transportation industry, bringing numerous advantages that benefit both businesses and the environment. Electric Vehicle Market: The Global Electric Vehicle Market is expected to reach at USD 3,760.9 billion by 2034, according to a new report by The Research Insights. It is projected to expand at a CAGR of 21.5% during the forecast period. Increased focus on emission-free vehicles is expected to drive the global adoption of electric trucks, particularly in the e-commerce and logistics sector. Browse More related reports on Technology Industry Market Reports- About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Blog: Press Release: Latest News: | Logo: View original content: SOURCE The Research Insights Sign in to access your portfolio
Associated Press
a day ago
- Business
- Associated Press
Lenovo Releases FY 2024/25 ESG Report, Showcasing Measurable Progress and Industry Leadership
Lenovo released its FY 2024/25 Environmental, Social, and Governance (ESG) Report, detailing the company's progress toward its 2030 emissions reduction targets and reaffirming its long-term ambition to achieve net-zero greenhouse gas emissions by 2050, aligned to the Science Based Targets initiative. As the first generation of ESG key performance indicators approaches completion, Lenovo remains on track across many key objectives, making this year a pivotal moment in its sustainability journey. The report outlines how Lenovo is accelerating environmental progress through its participation in the circular economy, including the continued use of closed-loop recycled materials in its products. Lenovo also continues to empower customers with sustainability services that facilitate repair, recycling, and reuse, helping extend product lifecycles and keeping materials in circulation. This year's report reflects a growing recognition of Lenovo's efforts, with the company earning Platinum Recognition from EcoVadis, an AAA rating from MSCI ESG Ratings, and the Gold Award from the Hong Kong Institute of Certified Public Accountants (HKICPA) for Best Corporate Governance and ESG. Additionally, Lenovo was recently ranked #8 in Gartner's Top 25 Global Supply Chain, with an ESG Score of 9/10. These achievements underscore Lenovo's commitment to transparent, credible progress. Lenovo's social impact continues to scale globally. In 2024, it was again named a Best Workplace for People with Disabilities by Disability:IN in the United States, while expanding this recognition to the United Kingdom and Brazil through the global application of best practices. The company's commitment to community engagement was also evident during its annual Love on Month of Service, which saw a record-breaking 44% increase in people reached through volunteerism by Lenovo employees around the world. 'This year marks a significant milestone for Lenovo's ESG journey,' said Dave Carroll, Lenovo SVP, Chief Legal Officer and Corporate Responsibility Officer, who succeeded Laura Quatela in March 2025. 'With our first generation of key performance indicators nearing completion, we're proud of the progress we've made and are focused on building the foundation for our next chapter of ESG leadership.' In governance, Lenovo continues to reinforce its Smarter AI for All vision through a strengthened internal policy framework. In 2024, the company introduced a comprehensive AI governance policy aligned with commitments made to the Canadian Government, UNESCO, Cercle InterL, and most recently the European Commission. This follows the appointment of Doug Fisher who added Chief AI Officer to his Chief Security Officer role, further embedding responsible innovation across the business. Looking ahead, Lenovo remains committed to a collaborative and credible approach to ESG. Through partnerships with customers and suppliers —such as those engaged through the Lenovo 360 Circle —the company is advancing a shared vision for a more sustainable and inclusive future. To read the full Lenovo FY 2024/25 ESG Report, visit this website. About Lenovo Lenovo is a US$69 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world's largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo's continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit and read about the latest news via our StoryHub. Visit 3BL Media to see more multimedia and stories from Lenovo
