Archives April 2026

business

Snapshot Shows Nebraskans’ Financial Satisfaction Has Fallen

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The latest Nebraska Snapshot from the University of Nebraska–Lincoln’s Bureau of Sociological Research shows a decline in Nebraskans’ overall financial satisfaction since 2020, and for some, more difficulty paying bills.

The Nebraska Snapshot is developed from data gathered from the Nebraska Annual Social Indicators Survey, a survey of Nebraska adults.

Despite the COVID-19 pandemic causing economic uncertainty, financial satisfaction among respondents was higher in 2020 and 2021 than the following years, possibly due to stimulus payments, enhanced business protections and child tax credits provided by Congressional relief efforts. 

In 2025 NASIS survey responses, less than half of adults (46%) said they were satisfied or very satisfied, down from 61% in 2021 and 54% in 2020, while the share who said they were dissatisfied or very dissatisfied rose from 21% in 2020 and 2021 to 26% in 2025. 

Similarly, more Nebraskans are reporting difficulty paying their bills in 2025, compared to 2020 and 2021. Half of Nebraskans surveyed in 2025 said they have no difficulty at all, but 29% reported a great deal, quite a bit or some difficulty, and 21% reported having a little difficulty paying bills. In 2021, only 18% responded they had a great deal, quite a bit or some difficulty paying their bills.

Nebraskans’ responses are in line with national trends. Analytics firms Gallup and Ipsos recently reported that 51% of Americans feel comfortable with their economic situation, but a majority — 62% — believe the economy is getting worse.

The largest disparities in financial comfort in 2025 among Nebraskans existed along age, educational and racial demographics. 

Only 33% of respondents ages 19 to 44 reported being satisfied with their financial situation, compared with 49% of those ages 45 to 64 and 59% of Nebraskans 65 and older. Younger adults were also more likely to struggle financially: Only 36% of respondents ages 19 to 44 reported no difficulty paying bills, while nearly two-thirds (64%) of those 65 and up reported no difficulty. 

Education showed a similar divide. A little more than a third of respondents with a high school diploma or less reported financial satisfaction, compared with 64% of those with a college degree or higher. Those without a four-year degree were also significantly more likely to report difficulty paying bills.

People of color reported lower financial satisfaction and greater difficulty paying bills than white respondents. About 27% said they were satisfied or very satisfied with their financial situation, compared with 48% of white respondents. In addition, 69% of people of color reported at least a little difficulty paying bills, compared with 48% of white respondents.

Slight differences were found between men and women, too. Women had more difficulty than men paying their bills, with 33% of women reporting some to a great deal of difficulty and 23% of men reporting the same.

NASIS is used by researchers, state entities and policymakers, but also includes a core questionnaire that delves into demographics, quality of life measures, educational attainment and community satisfaction, among other variables. These core questions inform the Nebraska Snapshot series. Previous topics covered by Nebraska Snapshots included internet access, finances and how Nebraskans feel about their health. 

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business

US Dollar Weakens Sharply, 2026 Gains Vanish on Geopolitical Concerns

Neel Achary 0 Comment

Apr 9: The U.S. dollar weakened sharply, with the US Dollar Index falling by more than 1 percent amid rising geopolitical tensions, erasing all the gains it had built up earlier in 2026.

The decline reflects increasing caution among investors, who are reacting to global uncertainties by shifting away from the dollar. This change in sentiment has put pressure on the currency, reversing its earlier upward trend.

The US Dollar Index tracks the dollar’s performance against a basket of six major currencies. Among these, the Euro carries the highest weight, followed by the Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc.

A fall in the index typically indicates a broad-based weakening of the U.S. currency against its global peers. The latest drop highlights how sensitive currency markets are to geopolitical developments and shifting investor confidence.

Analysts note that if uncertainty persists, the dollar could remain under pressure in the near term, with investors likely to continue seeking safer or alternative assets.

news

India’s Robust Growth Cushions South Asia Against Economic Headwinds

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Apr 9: India’s strong economic momentum is helping stabilize the broader South Asian region at a time when several neighboring economies are facing slower growth, according to a recent assessment by the World Bank.

The report highlights that India is expected to grow at around 7.6 percent, making it the fastest-growing major economy in the region. This robust performance is playing a critical role in offsetting weaker economic conditions in other South Asian countries, where challenges such as inflation, fiscal pressures, and external debt have weighed on growth.

India’s expansion is being driven by a combination of factors, including strong domestic demand, increased public investment in infrastructure, and resilience in key sectors such as services and manufacturing. These strengths have helped maintain economic stability even amid global uncertainties.

In contrast, several neighboring economies are experiencing slower recovery due to tighter financial conditions and structural constraints. As a result, the region’s overall growth outlook would be significantly weaker without India’s contribution.

The World Bank notes that while South Asia continues to face risks from global economic volatility, India’s sustained growth provides an important buffer. It not only supports regional economic activity but also strengthens investor confidence across the subcontinent.

However, the report also emphasizes the need for continued reforms across the region to ensure long-term, inclusive growth. Strengthening fiscal management, boosting private sector investment, and enhancing resilience to external shocks remain key priorities.

In summary, India’s solid growth trajectory is acting as a stabilizing force for South Asia, helping to cushion the impact of slower growth in neighboring economies while reinforcing the region’s overall economic outlook.

news

Alfa Laval sharpens focus on serving pharmaceutical production with new Food & Pharma Division

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Copenhagen, Denmark, April 9: With its deep expertise in separation, heat transfer and fluid handling, Alfa Laval is ideally placed to partner with pharmaceutical production pace-setters to improve profitability, accessibility and competitiveness, promote social responsibility and reduce environmental impact. Its global presence enables Alfa Laval to assist pharmaceutical producers in their efforts to optimize their global supply chains.

As part of this strategic direction, Alfa Laval has implemented a transformation of its organization to establish the Food & Pharma Division and pioneer positive impact in life-essential industries. Set on helping billions of people get the safe medicine they deserve, Alfa Laval is substantially reinforcing its pharma workforce and committing a significant additional investment into R&D and operations over the next four years. 

Alfa Laval sharpens focus on serving pharmaceutical production with new Food & Pharma Division

 

“Secure supplies of safe and affordable medicine are needed now more than ever before.  At Alfa Laval, we are committed to pioneering and empowering the pharmaceutical industry to push the boundaries of speed and scalability,” says Sammy Hulpiau, President Alfa Laval Food & Pharma Division.

The new structure has been designed to support pharmaceutical operators in tackling a range of challenges: optimizing the production of the rapidly increasing generic and biosimilar medicines while maximizing the patent window of patented medicines when a company benefits from a price premium. This comes on top of a pressing requirement to optimize productivity, sharpen competitiveness, secure compliance, mitigate risks, and build supply chain resilience.

“With our embedded expertise and industry-leading pharmaceutical manufacturing solutions, we will support customers to innovate and produce the medicine of tomorrow, improving health, resilience, longevity and accessibility for a growing and ageing global population,” says Sammy Hulpiau.

Delivering in a world of disruption

Against a backdrop of fierce competition, erratic climate change, and geopolitical turbulence, the pharmaceutical industry is continuously adapting to disruption in markets, supply chains, demographics, regulations, and the environment. It is in these hectic conditions that Alfa Laval thrives, with a proven 140-year reputation for leading the way, through world-class knowledge and experience.

“With class leading technologies and the expertise to apply these solutions to pharmaceutical production, we empower our customers to continuously optimize their processes and achieve a superior TCO and ROI,” says Doug Osman, Strategic Business Developer, Alfa Laval Pharma. “We also have the capacity and commitment for collaborative development to scale up innovations to industrial production quickly, while increasing patent windows and supporting swift regulatory approvals.”

Minimized environmental impact

Alfa Laval has a strong drive to minimize environmental impacts across all the industries in which it operates and leverages its multi-discipline expertise to ensure customers maximize resources and lessen the impact to the environment and local communities. Water efficiency is a practice that has taken up a particularly prominent space in the new Food & Pharma Division, as it is a key focal point in both industries.

“Pharmaceutical production is typically extremely water intensive and is also subject to a number of growing regulations worldwide, driving it to reduce the release of pharmaceutical residues in its wastewater to zero. Thanks to Alfa Laval’s long engagement and expertise in the water sector, we continuously help pharmaceutical producers to enhance water reuse to safeguard water security and comply with regulations for industrial outlet,” says Eline Suijlen, Water Industry & Strategic Partnership Manager at Alfa Laval. 

Inflection point

The Covid pandemic proved an inflection point for the pharma industry and also for Alfa Laval in the joint effort to seemingly achieve the impossible and develop new medicine at an unprecedented pace – all in the name of saving lives.

“In this demanding development environment, we – like many others – were forced to employ new methods to achieve the results desperately needed. It changed our approach to single-use equipment, for example, and how this may be applied to drastically speed up R&D, because of the inherent flexibility and rapid prototyping of single-use systems. We now enjoy the benefits of these learnings as a more capable organization as we face up to new challenges with respect to demographics, geopolitics and climate change ,” says Doug Osman. 

Following the Covid pandemic, the UN  adjusted its assessment of  global  demographics in 2024, recording that the  population  is projected to grow  to more than 10 billion people by 2060, with  the share of people  aged 65 or older expected to double to 20% in that time, while a growing middle class boosting the demand for new, affordable and specialized medicines (UN, 2024).

For pharmaceutical companies this brings a number of challenges demanding reliability, agility  and  resilience, with increased investment in R&D putting  pressure on  profitability, global supply chains  facing more stress-testing from geopolitical tensions, and regulatory and environmental regulations becoming ever stricter.

Doug Osman says: “We are acutely aware of the challenges that the industry faces. At Alfa Laval we have the experience, expertise, and with our new Food & Pharma Divisional structure, we are well equipped to support customers and take on these challenges successfully.” 

business

MetLife Foundation Awards Grants to 26 Non-Profits in Asia As Part of Global Program Addressing Essential Community Needs

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Business Wire India

MetLife Foundation announced new recipients of its Community Impact Grant Program (CIGP), providing more than $6.5 million to global nonprofit organizations, including 26 in Asia, addressing essential community needs. By tackling critical issues, the program supports non-profits providing the services and resources people reply on to build financial security and resilience, reflecting MetLife and MetLife Foundation’s long‑standing commitment to helping people and communities move forward with greater confidence and access to opportunity.

 

Launched in 2023 and expanded globally in 2025, CIGP supports organizations with solutions focused on food security, mental well‑being, environmental sustainability and vibrant communities. In this latest round, 26 organizations in Asia were among the more than 100 nonprofit organizations across the globe that received grants, including:

 

 

  • Bishwo Shahitto Kendro in Bangladesh provides access to books and literary resources to communities in rural and semi-urban areas.
  • DV Safe Phone in Australia repurposes phones to help victims of domestic violence to stay safe, stay connected and rebuild their lives.
  • General Incorporated Association BowL in Japan provides assistance to individuals returning to work after facing mental health challenges.
  • Korea Legacy Committee in South Korea expands meal preparation and delivery services to underserved elderly citizens in Korea.
  • Nav Bharat Jagriti Kendra in India empowers 2,000 farmers with climate-resilient farming practices, increasing agricultural income and enhancing food security.
  • Vietnam and Friends in Vietnam works to provide clean, potable water and environmental education for 3,000+ students and teachers.

 

For the full list of grant recipients, please visit here.

 

“Through the Community Impact Grant Program, MetLife Foundation invests in nonprofits that are strengthening the well-being of people and communities,” said Tia Hodges, President and CEO of MetLife Foundation and Head of Corporate Giving and Employee Volunteerism at MetLife. “Together, we’re helping individuals and families navigate challenges and move forward with greater stability and resilience.”

 

 

As with previous rounds of CIGP funding, MetLife employees assisted in the selection process, volunteering their time to review grant applications from nonprofit organizations. Since its launch, the Community Impact Grant Program has awarded over $9 million to 207 nonprofit organizations, reaching 1.6 million people across the U.S., Asia, Latin America, Europe and the Middle East. The program is a key part of MetLife Foundation’s broader efforts to advance inclusive economic mobility and financial health, while helping build the resilience of communities where MetLife operates thrive.

 

 

To learn more about the work of MetLife Foundation and the full list of recipients, visit MetLife.org.

 

 

About MetLife Foundation

 

 

At MetLife Foundation, we are committed to driving inclusive economic mobility. We collaborate with nonprofit organizations and provide grants aligned to three strategic focus areas – economic empowerment, financial health and resilient communities – while engaging MetLife employee volunteers to help drive impact. MetLife Foundation was established in 1976 and for 50 years has continued MetLife’s long tradition of community engagement and involvement. Since its inception, MetLife Foundation has contributed over $1 billion to strengthen communities where MetLife has a presence. To learn more about MetLife Foundation, visit www.metlife.org.

 

 

 

 

 

technology

Digital Innovation Drives the Rise of Startups in Odisha

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Over the past decade, Odisha has transformed into a vibrant hub for entrepreneurship, leveraging its rich cultural heritage, natural resources, and a growing appetite for innovation. Historically dependent on agriculture and traditional industries, the state has witnessed a paradigm shift driven by digital technologies, opening new avenues for aspiring entrepreneurs.

Digital Innovation Drives the Rise of Startups in Odisha

 

Rise of Startups in Odisha

The Government of Odisha has played a pivotal role in promoting entrepreneurship through initiatives such as the Odisha Startup Policy (2016), which provides financial assistance, incubation facilities, and mentorship programs. According to news today live, these efforts have led to the registration of over 300 startups as of 2023, spanning sectors such as information technology, healthtech, agritech, and the creative industries. Events like startup expos, pitch competitions, and networking sessions have further strengthened collaboration among innovators, investors, and policymakers, making Odisha a growing center of entrepreneurial activity.

The state’s young, tech-savvy workforce, combined with supportive policies and the presence of educational and research institutions, provides a strong foundation for future growth. Entrepreneurs in Odisha are increasingly leveraging digital innovation to develop solutions tailored to local needs, particularly in agriculture, education, and tourism.

Understanding Digital Innovation

Digital innovation involves transforming business operations through advanced technologies to enhance efficiency and create new opportunities. Key tools include cloud computing, artificial intelligence, data analytics, and the Internet of Things (IoT). These technologies enable startups to optimize processes, improve customer experiences, and develop unique value propositions.

Industries across the globe have been reshaped by digital innovation. E-commerce has streamlined retail supply chains, while digital health platforms have improved patient engagement and outcomes. In Odisha, startups like Bhaunri, which provides farmers with real-time market data, and Siksha, an online tutoring platform, exemplify how technology can address local challenges while creating economic opportunities.

Government Support for Startups

The Odisha government has implemented initiatives to foster a thriving startup ecosystem by providing:

  • Financial support: Grants, seed funding, and fiscal incentives reduce the initial hurdles of launching a business.
  • Incubation centers: Institutions like the Odisha University of Technology and Research offer mentorship, industry connections, and infrastructure for startup growth.
  • Training programs: Workshops, seminars, and boot camps equip entrepreneurs with skills in digital marketing, financial management, and business strategy.

These programs collectively empower startups to innovate, scale, and navigate the complexities of the market.

Role of Educational Institutions

Educational institutions in Odisha are crucial in shaping entrepreneurial talent. Universities and colleges have established incubation centers that provide mentorship, access to funding, and networking opportunities. By integrating entrepreneurship courses into curricula and hosting startup competitions, these institutions foster creativity, critical thinking, and real-world business skills. Collaborations with government and industry partners further strengthen their impact, enabling students to turn innovative ideas into viable startups.

Mentorship, Networking, and Collaboration

Mentorship is vital for guiding new entrepreneurs, offering industry insights, and instilling confidence. Networking, meanwhile, creates opportunities for partnerships, collaborations, and investment. Odisha’s startup ecosystem benefits from meetups, conferences, and incubator programs that facilitate connections among entrepreneurs, investors, and advisors, enhancing knowledge sharing and growth potential.

Challenges for Startups

Despite growth, startups in Odisha face several challenges:

  • Funding gaps: Limited access to venture capital and stringent banking norms often hinder startup development.
  • Market access: Many startups struggle to reach larger markets, competing against established players.
  • Talent constraints: Skilled professionals often migrate to metropolitan areas, creating a shortage of qualified personnel.

To overcome these challenges, startups can leverage government programs, collaborate with educational institutions, and adopt digital tools to expand market reach.

Future Trends

The future of startups in Odisha is shaped by several trends:

  • Integration of digital technologies: AI, machine learning, and big data analytics are increasingly driving operational efficiency and personalized offerings.
  • Digital-first consumer behavior: Young, tech-savvy demographics are demanding convenient, online solutions in sectors such as e-commerce, food delivery, and digital entertainment.
  • Sustainability and social entrepreneurship: Startups are adopting eco-friendly practices and addressing social challenges, particularly in agritech, healthtech, and edtech sectors.

By embracing these trends, Odisha’s startups can enhance competitiveness and contribute to the state’s economic development.

Conclusion

Odisha’s startup ecosystem is poised for significant growth, fueled by digital innovation, government support, educational initiatives, and a culture of entrepreneurship. Continued collaboration among stakeholders—including policymakers, investors, educational institutions, and established businesses—is critical for sustaining this momentum. By embracing advanced technologies, fostering mentorship, and focusing on innovative, customer-centric solutions, Odisha can solidify its position as a hub of entrepreneurship and innovation in India’s digital era.

 
business

Interim Data From Two Ongoing Investigator-initiated Trials Highlight the Role of Sculptra® and Restylane® in Addressing Aesthetic Changes Associated With Weight Loss Medications and Menopause

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Business Wire India

  • New interim results from a six-month investigator-initiated trial (IIT) supported by Galderma, regarding the clinical sequencing of women in menopause, show the combination of Restylane Skinboosters™ and Sculptra drove meaningful improvements in skin barrier function, hydration and patient satisfaction, with the most pronounced gains in hydration – a critical factor for perimenopausal skin health – observed when using Restylane Skinboosters first1
  • New interim data from a separate IIT show the cellular composition of adipose (fat) tissue may be altered in patients experiencing aesthetic changes in the abdomen following medication-driven weight loss, offering a biological explanation for clinician‑reported volume loss beyond weight reduction alone, and underscoring the importance of including regenerative aesthetic treatments as part of the patients’ weight loss journey2
  • These data reinforce Galderma’s continuous support of independent research, in order to deliver holistic, individualized and science-led solutions that address growing patient needs, such as aesthetic changes related to menopause and medication-driven weight loss

 

Galderma (SIX: GALD), the pure-play dermatology category leader, today welcomes new data from two IITs, demonstrating the power of Sculptra – the first proven regenerative biostimulator – and the company’s versatile hyaluronic acid injectable Restylane range, in addressing the aesthetic changes associated with menopause and medication-driven weight loss, for the face and body.1-7 Data includes an analysis from a first-of-its-kind study evaluating optimal treatment sequencing to enhance women’s skin during menopause, and an evaluation of the cellular makeup of fat in the abdomen following medication-driven weight loss.1,2

 

The two IITs were designed and executed by Dr. Andreas Nikolis and Dr. Sabrina Fabi respectively.1,2 Galderma proudly supported the IITs as part of its long‑standing commitment to understanding patients’ evolving needs and supporting to deliver the best solutions for optimal patient outcomes. This approach to evidence generation, informed by real‑world needs, and enabled by the broadest Injectable Aesthetics portfolio in the industry, is designed to support advancements at every stage of the patient journey.

 

 

Menopause: Dual‑sequence study shows meaningful skin quality improvements and growing patient satisfaction with both Restylane Skinboosters and Sculptra

 

 

New interim results from a nine‑month clinical sequencing IIT of women in menopause conducted by Dr. Andreas Nikolis, both on the face and the décolletage, demonstrated that the combination of Restylane Skinboosters and Sculptra drove progressive and meaningful improvements in skin quality, with the most pronounced gains in hydration seen when using Restylane Skinboosters first.1 Hydration is a critical factor in menopausal skin health, as highlighted in an international survey of peri- and post-menopausal women as within their top five skin concerns for face and their number one concern for body.1,8,9

 

 

The data reinforce the relevance and synergistic effects of the two products, with Skinboosters driving faster extra-cellular matrix and elastin-associated effects to quickly deliver hydration and improvements in skin roughness, fine lines and other imperfections, and Sculptra delivering regenerative benefits across all three skin layers, helping to gradually restore volume, firmness, radiance and skin quality, and smoothing wrinkles and folds over time.1,3-7,10-12

 

 

Results showed that facial hydration and measures of skin‑barrier function improved over time in both groups, and the improvements were mirrored by patient‑reported outcomes, with satisfaction scores rising consistently across the study and reaching high levels by Month 6.1 Together, these data show that both treatment sequences contribute to measurable improvements in skin health in women during menopause, and they provide insight into how the treatment protocol may be optimized for this specific patient group.1

 

 

 

 

“Menopause is associated with a distinct and often under-recognized set of skin changes, including dryness, barrier dysfunction, and progressive declines in skin quality. This first-of-its-kind clinical study is helping address an important unmet need by generating objective data in a population that has historically been overlooked in aesthetic research. The interim findings are highly encouraging, demonstrating meaningful improvements in skin hydration and collagen-related skin quality over time. Equally important, these measurable clinical benefits are mirrored by rising patient satisfaction throughout the study. For clinicians, these early results offer valuable evidence-based insight into how we can better support aging menopausal patients with treatment strategies that are tailored to the biologic changes of this stage of life.”

 

 

 

DR. ANDREAS NIKOLIS

 

STUDY LEAD INVESTIGATOR AND BOARD-CERTIFIED PLASTIC SURGEON

 

MONTREAL, CANADA

 

Aesthetic changes associated with medication-driven weight loss: New insights on cellular changes underscore importance of regenerative treatments that work across skin layers

 

New interim IIT data show that in patients experiencing aesthetic changes in the abdomen associated with medication-driven weight loss, the cellular composition of adipose tissue is altered, offering a biological explanation for the volume changes increasingly reported by clinicians.2 This underscores the value of regenerative treatment approaches, to support a healthy-looking appearance following medication-driven weight loss.2 The IIT, conducted by Dr. Sabrina Fabi, evaluated 20 female patients with mild-to-moderate skin laxity on their abdomen.2

 

 

Interim results demonstrated a statistically significant, four‑fold reduction in adipose‑derived stem cells (ADSCs), the regenerative cell population responsible for maintaining healthy fat tissue, when compared to those who were not taking prescription weight loss medication.2 Fibroblasts were preserved. These findings contribute to a broader understanding of how the skin profile in individuals experiencing aesthetic changes associated withmedication-driven weight loss differs from those where changes are occurring naturally with age without having taken prescription weight loss medications, and highlight why patients may benefit from treatment plans that focus not just on replacing lost volume, but on supporting the tissues’ underlying regenerative capacity.2,13 Galderma is well‑positioned to address these alterations across the face and body, given its expertise in dermatology, specialized range of injectable treatments and skincare products, and patient‑centric approach developed in close collaboration with leading healthcare professionals. Sculptra is the first proven regenerative biostimulator, backed by over 25 years of clinical use.3-7 With a unique poly-L-lactic acid (PLLA-SCA™) formulation, Sculptra re-engages the skin’s renewal process, stimulating adipose tissue, collagen and elastin for healthy looking skin.3-7 Over the decades, it has evolved into a versatile treatment that delivers regenerative benefits across all three skin layers, helping to gradually restore volume, firmness, radiance and skin quality, and smoothing wrinkles and folds over time.3-7,12

 

 

 

 

“Many people experiencing medication-driven weight loss report aesthetic changes that seem disproportionate to weight loss alone, and until now, we haven’t fully understood why. The findings from this IIT suggest shifts in the skin and adipose‑tissue profile that may help explain the volume‑related changes clinicians are seeing. By clarifying the biological underpinnings, we can better guide treatment planning, and the available science indicates that regenerative and adipose tissue‑stimulating treatments such as Sculptra, can play a critical role in supporting healthy‑looking volume and appearance. This insight gives clinicians a stronger, evidence‑based foundation for thoughtful, individualized treatment discussions with their patients across their weight loss journey.”

 

 

 

DR. SABRINA FABI
STUDY LEAD INVESTIGATOR AND COSMETIC DERMATOLOGIST

 

SAN DIEGO, UNITED STATES

 

About Galderma

 

Galderma (SIX: GALD) is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body’s largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com.

 

 

References

 

 

  1. Nikolis A, et al. A comprehensive interim analysis of skin hydration, barrier function (TEWL), elasticity, and patient satisfaction across two treatment arms. Interim Data on File. April 2026
  2. Fabi S, et al. Investigating the Impact of GLP-1 Receptor Agonists on Adipose-Derived Stem Cells. Interim Data on File. April 2026
  3. U.S. Food and Drug Administration. Sculptra summary of safety and effectiveness data. Available online. Accessed April 2026.
  4. Zhang Y, et al. In vivo inducing collagen regeneration of biodegradable polymer microspheres. Regen Biomater. 2021;8(5):rbab042. doi: 10.1093/rb/rbab042.
  5. Waibel J, et al. A randomized, comparative study describing the gene signatures of poly-L-lactic acid (PLLA-SCA) and calcium hydroxylapaptite (CaHA) in the treatment of nasolabial folds. Poster presented at IMCAS World Congress; February 3-6. 2024; Paris, France.
  6. Huth S, et al. Molecular insights into the effects of PLLA-SCA on gene expression and collagen synthesis in human 3d skin models containing macrophages. J Drugs Dermatol. 2024;23(4):285-288. doi: 10.36849/JDD.7791.
  7. Zubair R, et al. SPLASH: Split-body randomized clinical trial of poly-L-lactic acid for adipogenesis and volumization of the hip dell. Dermatol Surg. 2024;50(12):1155-1162. doi: 10.1097/DSS.0000000000004417.
  8. Fabi G, et al. The potential role of biostimulators/dermal fillers to address menopause-related skin conditions. Poster presented at IMCAS; January 29-31, 2026; Paris, France.
  9. Galderma. Data on file. Menopause Patient Survey.
  10. Landau M, Fagien S. Science of Hyaluronic Acid Beyond Filling: Fibroblasts and Their Response to the Extracellular Matrix. Plast Reconstr Surg. 2015;136(5 Suppl.):188S–95S. doi: 10.1097/PRS.0000000000001823.
  11. Allen J, Dodou K. Current Knowledge and Regulatory Framework on the Use of Hyaluronic Acid for Aesthetic Injectable Skin Rejuvenation Treatments. Cosmetics 2024;11(2):54. doi: 10.3390/cosmetics11020054
  12. Widgerow A, et al. A randomized, comparative study describing the gene signatures of Poly-L-Lactic Acid (PLLA-SCA) and Calcium Hydroxylapaptite (CaHA) in the treatment of nasolabial folds. Poster presented at IMCAS World Congress, February 1-3, 2024, Paris, France
  13. Ridha Z, et al. Decoding the Implications of Glucagon-Like Peptide-1 Receptor Agonists on Accelerated Facial and Skin Aging. Aesthet Surg J. 2024,Jun 14:sjae132.

 

 

 

business

Shangri-La Hambantota Positions Sri Lanka as a Global Destination Wedding Powerhouse

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Hambantota, Sri Lanka Apr  09: As Sri Lanka continues its resurgence as one of Asia’s most compelling travel destinations, Shangri–La Hambantota Golf Resort & Spa is emerging as a defining force in positioning the island as a premier destination for international weddings — where scale, setting, and storytelling converge.

This vision came vividly to life this March with the multi-day wedding celebrations of entrepreneur and Managing Director of Gulf-O-Flex, Rubber World Industry Global Mujtaba Shaikhani and Dr. Hafsha, a renowned aesthetic medicine practitioner from Mumbai, India, hosted at the oceanfront resort. 

Designed as an immersive, multi-day celebration, the wedding unfolded through an extraordinary 21 curated events across the resort, welcoming guests from the United Arab Emirates, India, Pakistan, the United Kingdom, and Sri Lanka. Over several days, the southern coastline transformed into a vibrant stage for culture, celebration, and global connection.

The significance of such international celebrations was reflected in the presence of Hon. Vijitha Herath, Member of Parliament of Sri Lanka, who attended during the festivities, underscoring the growing importance of destination weddings within the country’s evolving tourism landscape.

Shangri-la-Hambantota-

 

Set across 58 hectares of tropical landscape overlooking the Indian Ocean, Shangri–La Hambantota offers a rare combination of expansive outdoor venues and the capability to host multi-format, large-scale celebrations seamlessly. From sunset ceremonies along the coastline to intricately themed evenings, the resort continues to demonstrate a level of versatility and scale unmatched in the region.

Yet, the impact of such weddings extends far beyond the celebrations themselves.

Large-scale international weddings activate a wide network of local industries – from florists, designers, and entertainers to transport providers and small and medium enterprises across the southern region. Each event generates sustained economic activity over several days, supporting livelihoods while showcasing Sri Lanka’s creative and hospitality capabilities to a global audience.

This is not the first destination wedding of its kind hosted at Shangri–La Hambantota, with the resort witnessing a growing portfolio of international celebrations. Based on confirmed events, the property is set to see a doubling of destination wedding bookings this year — a strong and encouraging signal for Sri Lanka’s tourism industry as a whole.

Refhan Razeen, General Manager of Shangri–La Hambantota, commented: “Hosting a celebration of this scale is a testament to Sri Lanka’s ability to deliver world-class experiences with authenticity and warmth. Destination weddings are not only deeply personal milestones, but also powerful contributors to tourism — bringing global audiences to our shores while creating meaningful opportunities for local communities.”

The Shaikhani–Hafsha wedding stands as a compelling example of how Sri Lanka can position itself within the high-value travel segment. With extended stays, increased per-guest spend, and global visibility driven organically through influential networks, destination weddings represent one of the most impactful avenues for tourism growth.

Shangri–La Hambantota, with its scale, versatility, and setting along Sri Lanka’s southern coastline, continues to lead this movement — shaping a future where celebrations not only create lasting memories, but also contribute meaningfully to the nation’s tourism story.

business

Andersen Consulting Strengthens Digital Transformation Capabilities Through Kyanon Consulting Collaboration

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Business Wire India

Andersen Consulting enhances its platform through a Collaboration Agreement with Kyanon Consulting, a Vietnam-based technology consulting firm known for delivering large-scale digital transformation solutions.

 

Founded in 2025, as an arm of Kyanon Digital, Kyanon Consulting provides end-to-end digital and technology services to retail, banking and finance, and manufacturing organizations seeking to modernize operations, improve customer engagement, and accelerate growth. The firm delivers solutions across digital strategy, enterprise and product development, system integration, workflow automation, advanced analytics, and AI-driven insights for customer experience.

 

 

“At Kyanon Consulting, our mission is to create digital impact that truly matters,” said Tai Huynh, founder of Kyanon Consulting. “We equip clients with the tools, insights, and innovation needed to strengthen resilience and unlock new opportunities. Collaborating with Andersen Consulting allows us to bring our capabilities to a broader global platform and support organizations seeking scalable, high-performing technology solutions.”

 

 

“Andersen Consulting continues to advance its global technology capabilities, and our collaboration with Kyanon Consulting adds depth to our platform,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “Kyanon Consulting’s expertise in digital engineering, integration, and data intelligence enhances our ability to deliver comprehensive solutions across the Asia-Pacific region and beyond.”

 

 

Andersen Consulting is a global consulting practice providing a comprehensive suite of services spanning corporate strategy, business, technology, and AI transformation, as well as human capital solutions. Andersen Consulting integrates with the multidimensional service model of Andersen Global, delivering world-class consulting, tax, legal, valuation, global mobility, and advisory expertise on a global platform with more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms. Andersen Consulting Holdings LP is a limited partnership and provides consulting solutions through its member firms and collaborating firms around the world.

 

 

 

 

 

business

Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield Complete the Acquisition of Air Lease Corporation

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Business Wire India

Sumitomo Corporation, SMBC Aviation Capital, Apollo-managed funds (“Apollo”) and Brookfield today announced that they have completed the previously announced acquisition of Air Lease Corporation (“Air Lease”) and have renamed the business Sumisho Air Lease Corporation (“Sumisho Air Lease”).

 

This transformational transaction improves the financial position of the business with long term support and aviation expertise from co-investors Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield.

 

 

Sumisho Air Lease’s strong foundation as an established aircraft lessor, supported by SMBC Aviation Capital’s industry‑leading capabilities as servicer, creates a platform with the scale and financial strength needed to meet the fast‑changing and increasingly complex requirements of airline customers. Sumisho Air Lease will also benefit from the deep expertise and long-standing commitment that both Sumitomo Corporation and SMBC Aviation Capital bring to the global aviation leasing sector.

 

 

As part of the overall transaction, Air Lease’s orderbook has now transferred to SMBC Aviation Capital, bringing SMBC Aviation Capital’s orderbook with Airbus and Boeing to c. 420 aircraft.

 

 

SMBC Aviation Capital will be the servicer to the majority of Sumisho Air Lease’s portfolio of aircraft, bringing SMBC Aviation Capital’s Owned, Serviced and Committed aircraft to over 1700 across over 170 airline Customers.

 

 

Sumisho Air Lease will benefit from enhanced scale through access to a large-scale aviation platform and is well positioned to achieve its long-term strategic direction while continuing to be a leader in the global aviation leasing industry.

 

 

Takao Kusaka, Group CEO, Transportation & Construction Systems Group of Sumitomo Corporation, said:

 

 

“We are delighted to announce the completion of the acquisition of Air Lease Corporation together with our co-investors SMBC Aviation Capital, Apollo and Brookfield. Reaching this important milestone is a testament to the strong alignment among the investor group and our shared long‑term vision for the business.

 

 

As a core participant in the aviation industry ecosystem, Sumisho Air Lease is highly complementary to our strategic direction and reinforces the Sumitomo Corporation Group’s commitment to the commercial aviation sector. This transaction further enhances the scale, quality and resilience of our aviation platform.

 

 

Looking ahead, we are confident that close collaboration between Sumisho Air Lease and the Sumitomo Corporation Group will unlock meaningful synergies and support the sustainable growth of our aviation portfolio”

 

 

Peter Barrett, Chief Executive Officer of SMBC Aviation Capital, said:

 

 

“This transaction creates one of the most competitive, well‑capitalised, and customer‑focused leasing platforms in the global aircraft leasing market. With Sumisho Air Lease’s modern, high-quality fleet, supported by SMBC Aviation Capital’s industry-leading capabilities, we are ideally positioned to transform the industry with innovative solutions for our airline partners and sustainable returns for investors.

 

 

In a supply constrained environment, SMBC Aviation Capital’s enhanced scale, financial strength and deep market insight will allow us to provide the new technology aircraft and the flexibility our customers need to achieve their growth ambitions. Backed by the long-term commitment and resources of our shareholders including our co-investor, Sumitomo Corporation, we look forward to unlocking new opportunities and driving innovation.”

 

 

Jamshid Ehsani, Partner, Apollo, said:

 

 

“The completion of this transaction establishes a high-quality aviation platform with strong industry sponsorship from our partners, Sumitomo Corporation and SMBC Aviation Capital. Sumisho Air Lease’s new generation, in-demand fleet supported by Apollo’s flexible, long-term capital, positions the business to deliver innovative solutions to meet the evolving needs of airline customers. This transaction also highlights Apollo’s established track record in aviation, led by our industry experts at Perseus Aviation, as well as our ability to provide scaled and creative capital solutions to support leading businesses in essential sectors of the global economy.”

 

 

Ryan Schwartz, Managing Director, Brookfield, said:

 

 

“The closing of this transaction reflects Brookfield’s ability to deploy large-scale, flexible capital to support strategic partners in complex markets. Leveraging our credit expertise alongside Castlelake’s deep aviation experience, we delivered a tailored solution for Sumitomo Corporation and SMBC Aviation Capital that advances their strategic objectives and positions the business for long-term success.”

 

 

Noriyuki Hiruta, CEO of Sumisho Air Lease, said:

 

 

“Today marks the beginning of an exciting new chapter for Sumisho Air Lease. As an established aircraft lessor with a modern, fuel‑efficient fleet and a strong investment‑grade profile, we are ideally placed to meet the evolving needs of airlines and investors in a rapidly changing market. With the backing of Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield, we have the scale, financial strength and industry expertise to deliver long‑term value while building trusted partnerships with our customers around the world.”

 

 

The transaction was originally announced in September 2025, with Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield agreeing to acquire Air Lease for total valuation of approximately $7.4 billion, or approximately $28.2 billion including debt obligations to be assumed or refinanced net of cash.

 

 

Notes to editors

 

 

About Sumitomo Corporation

 

 

Sumitomo Corporation (TYO: 8053) is an integrated trading and business investment company with a strong global network comprising 127 offices in 64 countries and regions. The Sumitomo Corporation Group consists of approximately 500 companies and 80,000 employees on a consolidated basis. The Group’s business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of “Enriching lives and the world,” based on Sumitomo’s business philosophy passed down for over 400 years. Sumitomo Corporation

 

 

About SMBC Aviation Capital

 

 

SMBC Aviation Capital is a leading aircraft lessor globally by number of aircraft and benefits from the strong support of its shareholders Sumitomo Mitsui Financial Group and Sumitomo Corporation. SMBC Aviation Capital has a high-quality global airline customer base with a portfolio comprising 87% narrow-body aircraft and 73% new technology aircraft (by net book value). SMBC Aviation Capital has a strong capital position and holds an A- and BBB+ rating with S&P and Fitch respectively, reflecting the long-term strength of its business. For more information, please visit: https://www.smbc.aero/

 

 

About Apollo

 

 

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2025, Apollo had approximately $938 billion of assets under management. To learn more, please visit www.apollo.com.

 

 

About Brookfield

 

 

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit our website at www.bam.brookfield.com

 

 

About Sumisho Air Lease

 

 

Sumisho Air Lease Corporation (Sumisho) is a leading global aircraft leasing company which was launched following the acquisition of Air Lease Corporation by Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds and Brookfield in April 2026. With over $29 billion of assets, 490 owned aircraft (as of 31st Dec 2025), and a market leading management team, the company has an investment grade credit rating and committed long-term investors.

 

 

For more information, please visit: www.sumisho.aero