Economic growth

Bilateral Business Councils Announce Creation of I2U2 Business Coalition

Retrieved on: 
Thursday, April 20, 2023

The UAE-India Business Council, the UAE-Israel Business Council, and the U.S.-U.A.E.

Key Points: 
  • The UAE-India Business Council, the UAE-Israel Business Council, and the U.S.-U.A.E.
  • Business Council signed a Memorandum of Understanding (MOU) today to promote the I2U2 Initiative and garner private sector support for this new economic partnership among India, Israel, the United Arab Emirates, and the United States.
  • Business Council, Danny Sebright, Indian Deputy Chief of Mission to the United States, H.E.
  • Create a series of video interviews about the I2U2 initiative that can be jointly shared on their platforms.

CGTN America releases "Chinese path to modernization and global opportunity - China's New Vitality"

Retrieved on: 
Tuesday, March 14, 2023

WASHINGTON, March 13, 2023 /PRNewswire-PRWeb/ -- CGTN America releases "Chinese path to modernization and global opportunity - China's New Vitality".

Key Points: 
  • That ongoing push for the country's modernization was addressed during this year's "two sessions" and the government laid out specific growth targets during the 20th National Congress.
  • The program China's New Vitality explored one of the most anticipated documents of China's political season- the government work report.
  • Some of the highlights of that document are China's GDP growth target, which has been set at around 5% for 2023.
  • Former World Bank Vice President Otaviano Canuto spoke about China's growth recovery and how it will positively impact Latin America.

Attentive Energy One Proposes Over $25 Billion in Benefits to New York, Including a New Wind Turbine Manufacturing Facility and Statewide Supply Chain Investments

Retrieved on: 
Tuesday, March 7, 2023

Through a Supply Chain Investment Proposal with GE to manufacture offshore wind blades and nacelles at a new Ravena, New York facility, AE1 will catalyze a supply chain corridor that links upstate manufacturing with downstate project staging, installation, and operations.

Key Points: 
  • Through a Supply Chain Investment Proposal with GE to manufacture offshore wind blades and nacelles at a new Ravena, New York facility, AE1 will catalyze a supply chain corridor that links upstate manufacturing with downstate project staging, installation, and operations.
  • Together, this package of initiatives demonstrates AE1’s deep understanding and commitment to scale, localize, and diversify the offshore wind supply chain from the smallest suppliers to Tier 1 manufacturing facilities.
  • "At the heart of the Attentive Energy One project is a commitment to activating a true upstate-downstate supply chain corridor that integrates both existing and new supply chain pathways,” said Damian Bednarz, Managing Director of Attentive Energy.
  • "Our wide-ranging supply chain commitments through the Attentive Energy One project demonstrate our commitment to a true just transition,” said Clint Plummer, CEO of Rise Light & Power.

Top Foreign Policy Lawmakers Bolster Support For Global Tech Security Commission

Retrieved on: 
Thursday, March 2, 2023

The Global Tech Security Commission announced today the naming of four federal lawmakers representing both parties and both houses of Congress as new Honorary Co-Chairs.

Key Points: 
  • The Global Tech Security Commission announced today the naming of four federal lawmakers representing both parties and both houses of Congress as new Honorary Co-Chairs.
  • View the full release here: https://www.businesswire.com/news/home/20230301006128/en/
    The Global Tech Security Commission added four federal lawmakers representing both parties and both houses of Congress as new Honorary Co-Chairs.
  • First, the Commission’s focus is on developing in-depth strategies for each White House-designated national security tech sector and integrating them into an overarching global tech security strategy.
  • I’m honored to join colleagues from both sides of the aisle to serve on the Global Tech Security Commission.

Global Trust and Corporate Service Market Report to 2028: Featuring Intertrust, JTC, TMF Sapphire Midco and M&T Bank Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 1, 2023

By Segment: The report provides the bifurcation of the market into four segments: Corporates, Funds SPV, High Net-worth Individuals, and Others.

Key Points: 
  • By Segment: The report provides the bifurcation of the market into four segments: Corporates, Funds SPV, High Net-worth Individuals, and Others.
  • Corporates held the major share of the market, whereas funds SPV is expected to be the fastest-growing segment in the forthcoming years.
  • Thus, the increase in the HNWI population is expected to positively contribute to the demand for trust and corporate services.
  • The increased need to comply with regulatory requirements is one of the key drivers supporting the trust and corporate service market growth in Europe.

Bank of Botetourt Records Profitable 2022; Board Votes to Pay Preferred Dividend and Increase Common Dividend

Retrieved on: 
Wednesday, February 1, 2023

For the twelve months-ended December 31, 2022 the Bank produced net income amounting to $7,805,000 or $4.04 per basic share.

Key Points: 
  • For the twelve months-ended December 31, 2022 the Bank produced net income amounting to $7,805,000 or $4.04 per basic share.
  • President & CEO, G. Lyn Hayth, III stated, "We are gratified by the exceptional financial performance of our Bank during 2022.
  • Basic and diluted earnings per share increased $0.36 from $0.77 at December 31, 2021 to $1.13 at December 31, 2022.
  • Bank of Botetourt was a participant in the Paycheck Protection Program ("PPP") initiated by the U.S. Department of the Treasury.

Governor DeWine Announces New Powder Formula Manufacturing Facility in Bowling Green

Retrieved on: 
Thursday, December 15, 2022

BOWLING GREEN, Ohio, Dec. 15, 2022 /PRNewswire/ -- Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio President and CEO J.P. Nauseef announced today that Abbott has selected a site in Bowling Green for a new manufacturing facility that will produce specialty and metabolic powder nutritional products.

Key Points: 
  • BOWLING GREEN, Ohio, Dec. 15, 2022 /PRNewswire/ -- Ohio Governor Mike DeWine, Lt.
  • Governor Jon Husted, and JobsOhio President and CEO J.P. Nauseef announced today that Abbott has selected a site in Bowling Green for a new manufacturing facility that will produce specialty and metabolic powder nutritional products.
  • "Abbott has long been part of Ohio, and we're proud to become part of the local community in Bowling Green."
  • "Bowling Green is the perfect place for this critical manufacturing facility to raise the capacity of formula production in the United States," said Bowling Green Economic Development Executive Director Kati Thompson.

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

Retrieved on: 
Monday, October 31, 2022

NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to identify the problems bedeviling the nation, ...with a view to proffering solutions.

Key Points: 
  • NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to identify the problems bedeviling the nation, ...with a view to proffering solutions.
  • [Image: NITDA]
    Day Three of the Digital Nigeria 2022 International Conference, tagged "Start-Up and Innovation Ecosystem Day", four enlightening Panel Discussions before "The Future is Tech".
  • [Image: NITDA]
    Tech-drivers, the Digital Nigeria Family at the conclusion of the three-day Digital Nigeria 2022 International Conference & Exhibitions in a group photograph for the ages.
  • [Image: NITDA]
    Inuwa stated his challenge during Day 3 of the Digital Nigeria 2022 International Conference, held in Abuja.

Tata Communications aims to empower 5 million women by 2024

Retrieved on: 
Wednesday, November 2, 2022

MUMBAI, India, Nov. 2, 2022 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today launches Phase 2 of its 'School of Hope and Empowerment' (S.H.E) project intended to provide entrepreneurship education and professional guidance to 5 million women by 2024 across the states of Bihar and Odisha in India. Phase 1 of the project has motivated women to complete the education series and be empowered with knowledge and skills to set up and manage a business independently, ensuring access to quality education for all. 

Key Points: 
  • A multi-media, multi-stakeholder impact communications initiative, this project is designed in collaboration between Tata Communications and The Better India to support and educate women from rural parts of India.
  • For more information, please visit www.tatacommunications.com
    Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications' expected financial position, business strategy, the future development of Tata Communications' operations, and the general economy in India, are forward-looking statements.
  • Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
  • TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.

Tata Communications aims to empower 5 million women by 2024

Retrieved on: 
Wednesday, November 2, 2022

MUMBAI, India, Nov. 2, 2022 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today launches Phase 2 of its 'School of Hope and Empowerment' (S.H.E) project intended to provide entrepreneurship education and professional guidance to 5 million women by 2024 across the states of Bihar and Odisha in India. Phase 1 of the project has motivated women to complete the education series and be empowered with knowledge and skills to set up and manage a business independently, ensuring access to quality education for all. 

Key Points: 
  • A multi-media, multi-stakeholder impact communications initiative, this project is designed in collaboration between Tata Communications and The Better India to support and educate women from rural parts of India.
  • For more information, please visit www.tatacommunications.com
    Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications' expected financial position, business strategy, the future development of Tata Communications' operations, and the general economy in India, are forward-looking statements.
  • Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
  • TATA COMMUNICATIONS and TATA are trademarks or registered trademarks of Tata Sons Private Limited in India and certain countries.