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Butterfield Bank Closing Early On Friday

[Updated] Butterfield’s Banking Centres will close early on August 16 due to Hurricane Ernesto, with a planned reopening on August 19th. A spokesperson said, “Please be advised that due to Hurricane Ernesto, all of our Banking Centres will close at 2 p.m. on Friday, August 16, and for the entirety of the weekend. We anticipate […]




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Clarien Bank To Resume Operations On Monday

Clarien Bank will open on Monday [August 19] and resume normal operations. A spokesperson said, “Clarien Bank will resume normal business operations on Monday, August 19 at 8:30 am following closure due to Hurricane Ernesto. A thorough assessment of all facilities and systems has been completed to ensure the safety and security of our clients and […]




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Butterfield Bank August Share Repurchases

The Bank of Butterfield repurchased for cancellation 351,110 common shares at an average price of $36.15 per share in August 2024. The filing with the BSX stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange Listing Regulations, the company repurchased for cancellation 351,110 common […]




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Butterfield Bank October Share Repurchases

The Bank of Butterfield repurchased for cancellation 432,876 common shares at an average price of $37.31 per share in October 2024. The filing with the BSX stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange Listing Regulations, the company repurchased […]




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Reaction Engines Goes Into Bankruptcy, Taking the Hypersonic SABRE Engine With it

Rarely does something get developed which is a real game changer in space exploration. One example is the Skylon reusable single-stage-to-orbit spaceplane. Powered by the hypersonic SABRE engine it operates like a jet engine at low altitude and more like a conventional rocket at high altitude. Sadly, ‘Reaction Engines’ the company that designs the engines …

The post Reaction Engines Goes Into Bankruptcy, Taking the Hypersonic SABRE Engine With it appeared first on Universe Today.





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Another major healthcare provider files for Chapter 11 bankruptcy




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Spirit Airlines preparing bankruptcy filing after talks with Frontier Airlines collapse: report

Shares of the company were down 39% at $1.8 after the bell. The stock has fallen nearly 80% this year, while the S&P 500 passenger airlines index jumped 52%. The ultra-low cost carrier is in advanced discussions with bondholders to hammer out a bankruptcy plan that would have support from a…




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Huang, Son Joke About SoftBank's Early Stake in #Nvidia #Japan

Billionaires Jensen Huang and Masayoshi Son joke about how SoftBank was once Nvidia's largest shareholder — before dumping its stake. The two are now joining forces on an AI supercomputer. https://trib.al/s6PVLjU -------- Subscribe to our YouTube channel: https://trib.al/KM4k5RA Subscribe to…




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US seeks to recover crypto linked to Sam Bankman-Fried’s alleged China bribe

This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the…




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SoftBank first to receive new Nvidia chips for supercomputer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia (NASDAQ:NVDA)'s latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom. SoftBank (TYO:9984) Corp is also planning to use…




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SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for




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New FakeCall Malware Variant Hijacks Android Devices for Fraudulent Banking Calls

Cybersecurity researchers have discovered a new version of a well-known Android malware family dubbed FakeCall that employs voice phishing (aka vishing) techniques to trick users into parting with their personal information. "FakeCall is an extremely sophisticated Vishing attack that leverages malware to take almost complete control of the mobile device, including the interception of incoming




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New Android Banking Malware 'ToxicPanda' Targets Users with Fraudulent Money Transfers

Over 1,500 Android devices have been infected by a new strain of Android banking malware called ToxicPanda that allows threat actors to conduct fraudulent banking transactions. "ToxicPanda's main goal is to initiate money transfers from compromised devices via account takeover (ATO) using a well-known technique called on-device fraud (ODF)," Cleafy researchers Michele Roviello, Alessandro Strino




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The FTC comes after neobank Dave for misleading marketing, hidden fees




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2024: Discussion: Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management

William Dudley, senior advisor, Griswold Center for Economic Policy Studies, Princeton University; and former president of the Federal Reserve Bank of New York In conversation with Markus Brunnermeier, Edwards S. Sanford Professor of Economics, and Director of the Bendheim Center for Finance, Princeton University Wednesday, November 20, 2024, from 4:30-5:30 p.m. Julis Romo Rabinowitz Building, Room 399 Co-sponsored by The Griswold Center for Economic Policy Studies (GCEPS) and Bendheim Center for Finance (BCF) Open to the Princeton University Community Group of 30 Report Publication, G30 Working Group on the 2023 Banking Crisis, chaired by William Dudley




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How the 1874 Freedman's Bank collapse connects to economic disparities we see today

In Savings and Trust, historian Justene Hill Edwards tells the story of the Freedman's Bank. Created for formerly enslaved people following the Civil War, its collapse cost depositors millions.




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Italian authorities bust 'Banksy forgery ring'

Over 2,100 forgeries, also targeting Warhol, Picasso, Monet and Dali, were recovered in the sting.




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SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.

The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure supplies.





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Development Prospects in the Asia-Pacific: The Role of the Asian Development Bank

Development Prospects in the Asia-Pacific: The Role of the Asian Development Bank 25 September 2019 — 12:30PM TO 1:30PM Anonymous (not verified) 4 September 2019 Chatham House | 10 St James's Square | London | SW1Y 4LE

The speaker will discuss development prospects in the Asia-Pacific and their implications for Europe and the UK. He will outline prospects for the region’s growth, the impact of the current US-China trade conflict as well as other challenges faced by the region. He will also discuss the future role of the Asian Development Bank and how it plans to support the further development of the region.




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Is there an end to the Central Bank of Libya crisis?

Is there an end to the Central Bank of Libya crisis? 14 November 2024 — 3:00PM TO 4:00PM Anonymous (not verified) Online

Experts discuss implications for Libya’s economic governance.

In August this year, the Libyan Presidency Council moved to replace Libya’s longtime central bank governor, Sadiq al-Kabir. Kabir had been in position since September 2011, and in the period following the administrative division of Libya, he rose to prominence as one of the most influential figures on the Libyan political scene.

In the absence of a functioning relationship between executive and legislature, the Central Bank of Libya (CBL) took on many of the competencies of the ministry of finance and became an arbiter of which payments were made and when. In October, following UN-led and parallel back-channel negotiations, a new governor was selected and the CBL board of directors reconstituted.

In this webinar, experts will examine:

  • What challenges will the new CBL leadership face?
  • Can we expect significant changes for Libya’s economic governance?
  • What are the implications for the balance of power between Libya’s rival power centres?

This webinar is organized in partnership with the North Africa Initiative (NAI) at the Foreign Policy Institute (FPI) of the Johns Hopkins Paul H. Nitze School of Advanced International Studies.




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Unelected Power: Finding Legitimacy in Central Banking and the Regulatory State




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West Bank Annexation: International Rhetoric vs. Action

14 July 2020

Reni Zhelyazkova

Programme Coordinator, Middle East and North Africa Programme

Professor Yossi Mekelberg

Senior Consulting Research Fellow, Middle East and North Africa Programme
Israel may have delayed announcing its plans to annex West Bank lands but the international community now needs to transform its rhetoric into action if there is to be a lasting solution to the Israel-Palestine conflict, argue Reni Zhelyazkova and Yossi Mekelberg.

GettyImages-1223719050.jpg

Houses are pictured in the Maale Adumim settlement in the West Bank east of Jerusalem. The Israeli government has delayed plans to annex Jewish settlements in the West Bank and in the Jordan Valley. Photo: Getty Images

Observers of the Israel-Palestine conflict have been anticipating Israeli Prime Minister, Benjamin Netanyahu’s, announcement to annex parts of the West Bank. It has been a tumultuous year for Israeli politics which has seen three inconclusive elections and resulted in a sharing of power between Netanyahu and Benny Gantz of the Blue and White party. However, since the coalition government was sworn in, Netanyahu has appeared to not lose any time in moving forward with his plans.

Annexation has long been Netanyahu’s political aspiration and was part of his recent re-election platform but the anticipated announcement from the Israeli government didn’t come straight away. The determining factor in the delay was the inability to reach an agreement with Washington about the scope of the annexation while divisions within the Israeli government itself, in addition to international condemnation from the region and beyond, has also played a part.

Discussions around annexation have so far yielded one major outcome: it has introduced a different rhetoric by the Trump-Netanyahu axis even though things on the ground don’t necessarily follow. Ever since President Donald Trump took office in 2016, there has been a marked change in Washington’s language around the Israel-Palestine conflict. It has shifted towards legitimizing Israel’s expansionist ambitions in the West Bank while marginalizing, and considerably weakening, the Palestinian Authority (PA) through a series of punitive measures.

This has further damaged relations between Israel and Palestine and has resulted in a fundamental change in the public discourse around the conflict, from emphasizing a just solution based on self-determination for both sides, to focusing on a de-facto one-state solution.

But how has the discourse shifted so dramatically in less than four years? First came the announcement of the US embassy move to Jerusalem, and with it, recognition of the city as Israel’s capital. In his statement, President Trump avoided recognizing Palestinian claims over Jerusalem and did not acknowledge their historical connection with the city. When the PA rejected the move, the US administration then retaliated by cutting aid and development funding and closing the PLO mission in Washington stating: ‘We have permitted the PLO office to conduct operations that support the objective of achieving a lasting...peace between Israelis and the Palestinians … However, the PLO has not taken steps to advance the start of...meaningful negotiations with Israel.’

On the question of Israel’s settlements in the West Bank, the current US administration has shied away from calling them ‘illegal’ despite being deemed illegitimate under international law and condemned on numerous occasions by the UN Security Council, the UN General Assembly, the EU, the Arab League and the Palestinians themselves. US Secretary of State, Mike Pompeo, has even gone as far as saying that the establishment of Israeli settlements in the West Bank is not inconsistent with international law.

The culmination of US discourse in recent months has been the unveiling of the ‘Peace to Prosperity’ plan. The language of the proposal, once again, has shown partiality towards Israel by not mentioning the illegality of Israel’s occupation of the West Bank, or that of settlements, and entirely ignoring previous Palestinian positions or acknowledging their sensitivities. There is little doubt that the current US administration understands the power of rhetoric and has been using it to change the trajectory of discussions away from a two-state solution towards an outcome that would only serve Israeli interests.

Indeed, US rhetoric has empowered Netanyahu immensely too, ushering in a new reality that has rendered a Palestinian state nothing more than a hypothetical option. The language, combined with a multitude of unilateral actions, is helping to dismantle any efforts towards a two-state solution and the upholding of previous international agreements.

Many European and regional governments have condemned any move towards annexation. Indeed, 1,000 European parliamentarians from across political lines have urged Israel to abandon its plans. This has notably included, German Foreign Minister, Heiko Mass, whose first overseas visit during the coronavirus crisis was to Israel to reinforce Germany’s position against unilateral action.

But actions speak louder than words, and in the case of the US, its rhetoric has been matched by action unlike its EU counterparts whose statements of condemnation have rarely been followed by concrete action. For instance, the EU ratified a landmark aviation agreement with Israel just days before 1 July and economic, technological and scientific cooperation between Israel and Europe has never been stronger casting doubt on the strength of political will among EU countries to take action against Israel.

In the Middle East, the United Arab Emirates has been the most vociferous in disapproving Israel’s annexation plans. However, again, it is important to look beyond the rhetoric. Cooperation between the UAE and Israel has in fact increased in recent years mainly due to common opposition to Iran’s regional influence but also due to shared interests. In May, for instance, the first publicly acknowledged commercial flight between the UAE and Israel landed at Ben Gurion airport carrying aid aimed at mitigating the effects of COVID-19 in the Palestinian territories. But, to many, it looked like a stepping-stone towards a normalization of relations between Abu Dhabi and Jerusalem.

Similarly, Jordan and Egypt have also expressed their concern but it is difficult to imagine a scenario where either country would go as far as abrogating peace agreements that they currently have in place with Israel.

In spite of this, the global response has overwhelmingly been critical of Israel’s plans to annex parts of the West Bank. This has demonstrated some level of unity among world leaders which has not been seen for some time and may have played a significant role in delaying the Israeli government’s plans. In parallel, united international condemnation has also prevented the US from dominating the Israeli-Palestinian conflict entirely.

While the US approach has played a key role in the Israel-Palestine conflict so far, it remains to be seen how the international community will translate its voice into action to prevent the annexation of occupied Palestinian land.




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Planet Fitness makes second bid to buy out Blink Fitness chain in bankruptcy

Planet Fitness is seeking to further grow its number of locations in a second bid for the Blink Fitness chain of workout facilities, according to new reports.




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See Footage of a Thief Breaking Into a London Gallery and Stealing Banksy's Iconic 'Girl With Balloon'

Officials launched an investigation and recovered the $360,000 print less than a week after it vanished from Grove Gallery. Two men have been charged for the crime




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Banksy's Former Manager Sells His Trove of Artworks and Other Objects Connected to the Anonymous Street Artist

Steve Lazarides' personal collection of prints, original works, handwritten press releases and burner phones sold at auction for around $1.4 million




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Cape Breton food bank offers salon experience to clients needing haircuts

Volunteers will be cutting hair at a salon based inside a Cape Breton food bank. The goal is to provide clients with the same salon experience paying customers would receive.



  • News/Canada/Nova Scotia

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Crime network selling Banksy, Warhol and Picasso forgeries uncovered in Italy

Italian police have uncovered a large-scale pan-European forgery network making and selling fake artworks attributed to some of the biggest names in modern and contemporary art including Banksy, Pablo Picasso and Andy Warhol.




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Food bank use in Toronto breaks records — again

The number of visits to food banks in Toronto hit a new record once again, marking a continuation of a drastic rise in food bank use since the pandemic as Torontonians struggle keeping up with the rising cost of living.



  • News/Canada/Toronto

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M4 Mac mini review roundup: Pint-sized powerhouse that won't break the bank

Apple's overhaul of the Mac mini with M4 has been warmly received by reviewers, with many highlighting how it's one of the best values you can get right now — provided you avoid those pricey upgrades.


M4 Mac mini

Apple's introduction of the New Mac mini on October 29 wasn't its usual spec-bump update. After months of rumors, it finally refreshed the model to make it even more mini.

At 5 inches square, its footprint trims off 2.7 inches each in width and length, but it did grow in height to 2 inches. It's now the smallest Mac Apple has ever sold to consumers.


Continue Reading on AppleInsider | Discuss on our Forums




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News24 Business | MONEY CLINIC | My bank account is frozen. What can I do?

JustMoney explains why your bank account may have been frozen, and what you can do to solve the problem.




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News24 Business | Zimbabwe central bank chief says ZiG 43% devaluation is 'once-off' event

Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were being taken to assure its defence.




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News24 Business | US investment banking giant caught out by weak rand

It took less than a week for one of Citigroup's recommended Trump trades to sink under water.




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DSHA’s Area of Opportunity Land Bank Program Wins National Award

Dover, Del. October 26, 2023 – A program designed to encourage new rental housing construction in Delaware received national recognition via the 2023 Annual Awards for Program Excellence at the NCSHA’s 2023 Annual Conference & Showplace, held October 14 -17 in Boston.     The award recognized DSHA’s Area of Opportunity Land Bank Program, which created a […]



  • Delaware State Housing Authority
  • 2023 Annual Awards for Program Excellence

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State Bank Commissioner Now Accepting Applications for Financial Literacy Education Fund (FLEF)

Dover, Del.—Delaware schools, nonprofits, and community organizations are invited to apply for a new round of state grant funds to support financial literacy education for people from all walks of life. Since the state’s Financial Literacy Education Fund (FLEF) was established in 2010, over $2.5 million has been awarded to dozens of organizations across the […]



  • Department of State
  • News
  • State Bank Commissioner
  • Delaware Department of State
  • Department of Education
  • financial literacy education fund
  • FLEF
  • grants
  • Office of the State Bank Commissioner

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DCRPT Secures Convictions Against Former Land Bank Director

The Delaware Department of Justice’s Division of Civil Rights & Public Trust (DCRPT) has secured two convictions against William Freeborn, the former Executive Director of the Wilmington Neighborhood Conservancy Land Bank (WNCLB). “If you abuse the public’s trust we will hold you accountable,” said Attorney General Jennings. “The defendant used a position of public confidence to […]



  • Department of Justice
  • Department of Justice Press Releases
  • News

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Jennings, State AGs Reach $450 Million Settlement As Part Of Opioid Maker Endo’s Bankruptcy

Attorney General Kathy Jennings and fellow attorneys general have reached an agreement in principle with opioid maker Endo International plc and its lenders that would provide up to $450 million to participating states and local governments, ban promotion of Endo’s opioids, and require Endo to turn over documents related to its role in the opioid […]



  • Department of Justice
  • Department of Justice Press Releases
  • News

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Governor Carney, Lt. Governor Hall-Long Announce Partnership with Food Bank of Delaware to Aid in SNAP Transition

WILMINGTON, Del. – Governor Carney and Lt. Governor Hall-Long on Wednesday announced a partnership with the Food Bank of Delaware to fill community food pantries statewide and hold food drives in each county for three months to help ease the transition from the ending of the federal Emergency benefits for Supplemental Nutrition Assistance Program (SNAP) households. The […]



  • Delaware Health and Social Services
  • Governor John Carney
  • Lt. Governor Bethany Hall-Long
  • News
  • Office of the Governor
  • Office of the Lieutenant Governor
  • Bethany Hall-Long
  • Delaware
  • food bank
  • Food benefits
  • SNAP

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DSHA Celebrates $500 Million in Mortgage Financing with Discover Bank, Launches New Mortgage Products

Dover, Del. – July 22, 2024 –The Delaware State Housing Authority (DSHA) and Discover Bank announced a significant milestone in their long-standing partnership to expand homeownership opportunities for low-to-moderate-income residents across the state. Over the past decade, the collaborative lending program has provided more than $500 million in mortgage financing to 2,780 first-time homebuyers with […]



  • Delaware State Housing Authority
  • News
  • dsha
  • DSHA Celebrates $500 Million in Mortgage Financing
  • new mortgage financing

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Food Bank, Lt. Gov. Hall-Long Coordinate Infant Formula, Supplies for Hurricane Helene Relief

Photo Caption: From left to right: Anna McDermott of the Food Bank of Delaware, State Rep. Ed Osienski, Lt. Governor Bethany Hall-Long, Cathy Kanefsky, Food Bank of Delaware President and CEO, and Megan Zavala of the Food Bank of Delaware pose for a photo in front of the Hurricane Helene donation to impacted areas.  NEWARK, […]



  • Lt. Governor Bethany Hall-Long
  • News
  • Office of the Lieutenant Governor

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Poor Man's Banker To Leading Bangladesh: Muhammad Yunus's Journey

Bangladesh is pinning its hopes on one of the nation's most acclaimed intellectuals to bring stability to a country scarred by coups and political upheaval.




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Sensor-based baby sock Owlet banks $24M Series B

Owlet, a connected-baby care company raised a $24 million Series B investment from Trilogy Equity Partners, with participation from existing investors, including Eclipse Ventures, Broadway Angels, and Enfield Ventures, and the addition Pelion Venture Partners.

Owlet Android App

Owlet’s core product is a baby sock that contains a smart sensor. The sensor monitors pulse oximetry, a technology used in hospitals to measure an infant's heart rate and blood oxygen levels. The vital signs are communicated to parents’ smartphone via Bluetooth connection. The product retails for $299 and parents can also choose from monthly payment plans.

Other IoT-health startups using sensors to monitor vital signs include Aifloo, a company selling wrist-bands for elders and Air by Propeller, a smart health company that provides an API to predict local asthma conditions.

SM
Owlet Smart Sock 2

A complete product package of Owlet monitor includes three fabric socks, smart sock sensor, a base station (which rings an alarm if a baby’s vital signs are abnormal), and charging cords.

Before the company raised the latest round, it closed a $15 million Series B round in late 2016. The recent investment brought Owlet’s total equity funding to $46M. Owlet plans to use the growth capital to launch more baby care products.

“As a company of parents, it is important to us to bring innovative technology into a family’s everyday life. This new round of funding will enable us to expand our product line, looking at ways we can support the health and wellness of families at all stages, from pregnancy on, as well as increase the brand’s availability internationally and improve our accessibility and affordability,”said Kurt Workman, Owlet Co-Founder and CEO.





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Report on CSR in Indian Banks 2020

Report on Corporate Social Responsibility (CSR) in Indian BFSI sector.




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Resetting the banking sector's moral compass

The dominant priority at major banks is the maximisation of short-term profits rather than serving the public interest

 




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European challenger banks step up

Europe’s most well-known digital disruptor banks have been expanding across the globe, but not without some controversy. Alex Irwin-Hunt reports.




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Major energy group banks on hydrogen to power the future

Canadian utilities giant ATCO was struck by Australia’s unique ability to make green hydrogen by harnessing its abundant sunshine. This capacity, combined with the country’s can-do attitude and commitment to the development of renewable energies, compelled the company to invest in Australia’s first Clean Energy Innovation Hub to fast-track sustainable solutions for future energy needs.




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2023 Australian Mission to the Asian Development Bank's Business Opportunities Fair

Austrade invites you to join the 2023 Australian Mission to the ADB Business Opportunities Fair (BOF) in Manila, Philippines from 3 to 5 October 2023. The ADB BOF is a one-stop forum for consultants and contractors from around the world looking to provide goods, works, and services for ADB projects in the Indo-Pacific region. This is a great opportunity to maximise your chances of participating in major international aid projects. • gain first-hand information and insights about opportunities funded by the Asian Development Bank. • hear about key priorities, as well as upcoming business opportunities • network with industry peers and ADB specialists relevant to your sector and countries of interest • establish your credentials with the Asian Development Bank.




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NVIDIA and SoftBank Corp. Accelerate Japan’s Journey to Global AI Powerhouse

NVIDIA today announced a series of collaborations with SoftBank Corp. designed to accelerate Japan’s sovereign AI initiatives and further its global technology leadership while also unlocking billions of dollars in AI revenue opportunities for telecommunications providers worldwide.




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Growing Economists - Asian Development Bank, the Pacific Islands Development Program, and the East-West Center Join Forces in the Pacific

Growing Economists - Asian Development Bank, the Pacific Islands Development Program, and the East-West Center Join Forces in the Pacific Growing Economists - Asian Development Bank, the Pacific Islands Development Program, and the East-West Center Join Forces in the Pacific
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