Building

New record of 142 natural catastrophes accumulates to USD 108 billion insured losses in 2023, finds Swiss Re Institute

Retrieved on: 
Wednesday, April 10, 2024

Global insured losses from natural catastrophes outpaced global economic growth over the past 30 years: From 1994 to 2023, inflation-adjusted insured losses from natural catastrophes averaged 5.9% per year, while global GDP grew by 2.7%.

Key Points: 
  • Global insured losses from natural catastrophes outpaced global economic growth over the past 30 years: From 1994 to 2023, inflation-adjusted insured losses from natural catastrophes averaged 5.9% per year, while global GDP grew by 2.7%.
  • 2023 was also marked by a high frequency of events as 142 insured natural catastrophes set a new record.
  • Hailstorms are by far the main contributor to insured losses from SCS, responsible for 50–80% of all SCS-driven insured losses.
  • Global insured losses from SCS accumulated to a new record of USD 64 billion globally in 2023, 85% originating in the US.

Analogue Records Net Profit of HK$251.5 Million in FY2023

Retrieved on: 
Monday, March 25, 2024

-- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%

Key Points: 
  • -- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%
    The Group's revenue for the Year was HK$6,132.9 million and gross profit was HK$833.3 million.
  • Profit attributable to owners of the Company was HK$251.5 million, representing a year-on-year increase of 119.5%.
  • The Group's contracts-in-hand remained at a high level of HK$11,459.6 million, providing a solid foundation for the business going forward.
  • Revenue of the Environmental Engineering segment grew by 9.9% to HK$1,356 million year-on-year, with contracts-in-hand amounting to HK$4,165 million as at 31 December 2023.

What to Expect at Qlik Connect 2024: Qlik Announces 100+ Breakout Sessions, Amazon AWS Returns as a Diamond Sponsor

Retrieved on: 
Thursday, April 4, 2024

Qlik Connect will take place on June 3-5 at the Rosen Shingle Creek in Orlando, Florida.

Key Points: 
  • Qlik Connect will take place on June 3-5 at the Rosen Shingle Creek in Orlando, Florida.
  • It's this community and exchange of ideas that truly amplify the value we get from Qlik."
  • This year’s breakout sessions will offer attendees an opportunity to participate in inspiring discussions spanning all things data, analytics and AI.
  • Click here to view a full list of Qlik and Talend certifications, and to reserve your spot to get verified.

Renesas Introduces New Entry-Level RA0 MCU Series with Best-in-Class Power Consumption

Retrieved on: 
Tuesday, April 9, 2024

Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today introduced the RA0 microcontroller (MCU) Series based on the Arm® Cortex®-M23 processor.

Key Points: 
  • Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today introduced the RA0 microcontroller (MCU) Series based on the Arm® Cortex®-M23 processor.
  • The new, low-cost RA0 devices offer the industry’s lowest overall power consumption for general purpose 32-bit MCUs.
  • In addition, Renesas offers a Software Standby mode in the new MCUs that reduces power consumption by a further 99 percent to a miniscule 0.2 µA.
  • Renesas is now shipping the first group in the RA0 Series, the RA0E1 Group.

Takeda Announces New U.S. Corporate Social Responsibility Program Partners to Build Equity through STEM Education and Access to Nutritional Food

Retrieved on: 
Monday, April 8, 2024

Takeda ( TSE:4502/NYSE:TAK ) today announced the selection of eight new U.S. non-profit organizations as grant recipients, as part of its $14.6 million commitment to its FY2023 U.S. Corporate Social Responsibility (CSR) program.

Key Points: 
  • Takeda ( TSE:4502/NYSE:TAK ) today announced the selection of eight new U.S. non-profit organizations as grant recipients, as part of its $14.6 million commitment to its FY2023 U.S. Corporate Social Responsibility (CSR) program.
  • Combined with previous investments since 2021, Takeda’s total contribution to these initiatives now amounts to $54.1 million.
  • By leveraging this collaborative approach, Takeda provides support to address these critical needs and make a positive impact on people's lives.
  • Further details on the company’s U.S. CSR, health equity and diversity, equity and inclusion programs can be found in the report.

Paralyzed Veterans of America honors the Washington Nationals with 2024 Barrier-Free America Award for exemplary commitment to accessibility

Retrieved on: 
Monday, April 8, 2024

The pre-game, on-field presentation provided an opportunity to celebrate the Nationals for their outstanding dedication to accessibility and inclusivity.

Key Points: 
  • The pre-game, on-field presentation provided an opportunity to celebrate the Nationals for their outstanding dedication to accessibility and inclusivity.
  • "The Washington Nationals helped set the standard for accessibility across professional sporting venues," said Robert Thomas, National President of Paralyzed Veterans of America.
  • "Their commitment to ensuring all fans can fully participate in the excitement of America's favorite pastime is truly exceptional.
  • "We are honored to receive PVA's Barrier-Free America Award," said Frank Gambino, Senior Vice President & General Manager of Nationals Park.

Single mothers in particular would benefit from more subsidized housing in Canada

Retrieved on: 
Tuesday, April 9, 2024

Housing prices have increased at double the rate of income growth over the past two decades.

Key Points: 
  • Housing prices have increased at double the rate of income growth over the past two decades.
  • To cope with housing affordability issues, people are increasingly “doubling up” with others and living in overcrowded housing.

Investing in subsidized housing

  • Many academics, policymakers, stakeholders and the media have emphasized the need for more subsidized housing units to tackle this crisis.
  • For example, in the city of Toronto, the wait time for a one-bedroom subsidized housing unit is 14 years.

National Housing Strategy


The federal government is taking steps to address Canada’s housing affordability crisis by implementing the National Housing Strategy. It has pledged to invest $82 billion to increase affordable housing. Roughly 25 to 33 per cent of these funds will be allocated to address the unmet housing needs of women and children. The implementation of the National Housing Strategy has raised two important questions:
To what extent does access to subsidized housing improve housing circumstances for Canadians?
What groups benefit the most from having access to subsidized housing?

Access to subsidized housing

  • To address these questions, our study investigates how living in subsidized housing affects children’s exposure to unaffordable and overcrowded housing.
  • Regardless of their family structure, children in subsidized housing are less likely than those in non-subsidized housing to experience housing affordability issues.
  • Conversely, the pattern of variation in children’s exposure to overcrowded housing according to their access to subsidized housing differs markedly between children in two-parent and other families.

Who benefits the most?

  • This compares with 65 per cent of children in two-parent families and 45 per cent of children in single-father families.
  • This compares with six per cent for children in single-father homes and 15 per cent for children without resident parents.

Implications for housing policy

  • It must rapidly build more subsidized housing units.
  • In doing so, the government can reduce the wait times for subsidized housing and offer more units to those with high levels of housing vulnerability.
  • Ottawa should also aim to better understand the needs of those in subsidized housing and build units that address these needs.


Kate Choi receives funding from the Social Sciences and Humanities Research Council (SSHRC).

Chemours Recognized With Two Awards From U.S. Department of Energy’s Better Buildings, Better Plants Initiative

Retrieved on: 
Thursday, April 4, 2024

This is the second year that Chemours has been recognized with both Better Project and Better Practice awards.

Key Points: 
  • This is the second year that Chemours has been recognized with both Better Project and Better Practice awards.
  • “Partners in the Better Climate Challenge are industry leaders in energy efficiency and decarbonization.
  • Better Practice Awards are presented to partners for innovative and industry-leading accomplishments in implementing and promoting practices, principles, and procedures of energy management.
  • The 2024 Better Project, Better Practice Awards winners were celebrated during the Better Buildings, Better Plants Summit held in Washington, D.C.

Belden Unveils a State-of-the-Art, Immersive Healthcare Solutions Showcase

Retrieved on: 
Wednesday, April 3, 2024

Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, is excited to unveil its new state-of-the-art healthcare solutions showcase: the Enhanced Patient Experience showcase.

Key Points: 
  • Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, is excited to unveil its new state-of-the-art healthcare solutions showcase: the Enhanced Patient Experience showcase.
  • Housed within Belden’s Chicago Customer Innovation Center and led by in-house healthcare experts, this reimagination of healthcare allows industry professionals to see up close how a smart, connected healthcare environment transforms patient satisfaction, facility operations and staff engagement and retention.
  • Tomorrow’s healthcare delivery will be centered on integration, personalization and digitization—all to deliver timely, effective, patient-centered care; manage lean resources and rising costs; and create a safer environment.
  • “Belden is leading change within the healthcare landscape,” says Sean McCarthy, vice-president of Smart Buildings sales at Belden, “and our Enhanced Patient Experience showcase reveals how today’s healthcare leaders can prepare for and respond to disruptions and challenges through innovation.”
    To learn more about Belden’s Enhanced Patient Experience showcase and attending Becker’s Healthcare Annual Meeting, visit https://www.belden.com/Healthcare-Showcase .

Custom Truck One Source Wins Capstone Real Estate Award

Retrieved on: 
Wednesday, April 3, 2024

Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company’s $35 million renovation of a 220,000-square-foot warehouse located on the former site of Kansas City’s Armco Steel plant, which is now part of Custom Truck’s 175-acre headquarter campus.

Key Points: 
  • Custom Truck One Source, Inc. (NYSE: CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company’s $35 million renovation of a 220,000-square-foot warehouse located on the former site of Kansas City’s Armco Steel plant, which is now part of Custom Truck’s 175-acre headquarter campus.
  • Custom Truck revamped the building to house its Fabrication & Crane Manufacturing; Paint & Powder Coating; and Parts, Tools and Accessories departments.
  • Since then, Custom Truck has grown from 250 employees and one location to a leading North American specialty truck and heavy equipment provider with more than 2,500 employees in nearly 40 facilities.
  • Custom Truck last won a Capstone award in 2019 for the renovation of a 119,000-square-foot production facility also from the early 1900s.