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Telecommunications & Media

NATO to build shared satellite network HALO with eight member states

NATO has formalised plans for a shared satellite network to strengthen military communications, surveillance and missile tracking. The alliance unveiled the HALO project at a NATO summit defence industry forum in Ankara, involving Denmark, Canada, Finland, Germany, Norway, the Netherlands, Sweden and Turkey. HALO aims to link national satellite systems into a single framework while countries keep ownership and control. NATO says existing dispersed networks are vulnerable and too slow for large data.

Crypto

ECB warns stablecoin spread could undermine European bank deposit base

The European Central Bank has warned that the spread of stablecoins could eat into European banks’ retail deposits and has put forward a digital euro as a response. Executive Board member Piero Cipollone said banks that have already lost fees and transaction data to mobile payments could see their deposit base shaken. The ECB said falling deposits could weaken lending capacity and is moving ahead with a digital euro pilot planned for 2027.

Industry

Hecto Healthcare to launch Supertable \'Finland Wild Bilberry NFC 100\' on Hyundai Home Shopping

Hecto Healthcare will roll out a new product from its superfood brand Supertable on two home shopping channels. The company said on Tuesday it will sell \'Finland Wild Bilberry NFC 100\' via Hyundai Home Shopping. The product uses wild bilberries harvested in Finland’s Kvarken Archipelago and is made using an NFC method without additives, preservatives or artificial flavoring. It previously sold out its initial supply on CJ OnStyle.