Parity

Sun Life named a #GirlsClub Top 25 Company Where Women want to Work for second consecutive year

Retrieved on: 
Thursday, January 4, 2024
Family, Woman, Girls Club, Equity, Hartford Courant, Sun Life Financial, National Partnership, Human resources, Parity, Bloomberg, Female, Environment, Management

WELLESLEY, Mass., Jan. 4, 2024 /PRNewswire/ -- Sun Life U.S. has been named a 2023 Top 25 Company Where Women want to Work by Girls Club , a career organization helping advance women in sales leadership positions.

Key Points: 
  • WELLESLEY, Mass., Jan. 4, 2024 /PRNewswire/ -- Sun Life U.S. has been named a 2023 Top 25 Company Where Women want to Work by Girls Club , a career organization helping advance women in sales leadership positions.
  • Currently, Sun Life U.S. has more than 71 percent employees identifying as female, with more than 38 percent in executive roles.
  • In 2022 Sun Life U.S. was recognized by the National Partnership for Women and Families as a "Company Leading on Leave."
  • Globally, Sun Life was named one of the World's Best Companies for Women by Forbes in 2023 and is listed annually on the Bloomberg Gender Equality Index.

Flagstar Bank Grants MBDI $100,000 to Support Diverse Contractor Education

Retrieved on: 
Thursday, January 4, 2024
Minority group, Woman, Learning management system, Flagstar Bank, Parity, Curriculum, Flagstar, MWBE

"We are driven to help people take charge and thrive," said Beverly Meek, community reinvestment act director for the bank.

Key Points: 
  • "We are driven to help people take charge and thrive," said Beverly Meek, community reinvestment act director for the bank.
  • "This grant paired with MBDI's program embodies advancement, parity and opportunity to help entrepreneurs in skilled trades grow their business."
  • David Cayemitte, who founded MBDI, added, "We are grateful for Flagstar's faith in MBDI.
  • We are excited that MBDI and Flagstar's goals align so well to improve MWBE and SDVOB businesses."

KBRA Assigns AA+ Rating to State of Illinois Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A, B, and C of February 2024; Affirms Parity Debt; Outlook is Stable

Retrieved on: 
Wednesday, January 3, 2024
Banking, Professional Services, Finance, MADS, ADS, Tax, State, Outlook, KBRA, Act, ABT, Bond, Parity, Security (finance)

KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A, B, and C of February 2024.

Key Points: 
  • KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A, B, and C of February 2024.
  • KBRA additionally affirms the long-term rating of AA+ with a Stable Outlook for the State of Illinois' parity Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation.
  • KBRA’s Stable Outlook reflects the ample coverage of junior obligation debt service, supported by a broad-based, statewide source of revenues.
  • Expansive and diverse state-wide sales tax base that has historically provided extraordinary coverage of over 40.0x ADS for combined senior and subordinate Bonds.

COPL Announces US$2.5 Million Equity Financing, Execution of Forbearance Agreement with Senior Lender and Appointment of Chief Restructuring Officer

Retrieved on: 
Friday, December 29, 2023
AB, Funding, Sale, Indian stock exchange, NGL, Financial Conduct Authority, COPL, XOP, Province, Treasury, Subscription business model, Forbearance, Minority, Parity, Exercise, Security (finance)

Other terms of the Financing include:

Key Points: 
  • Other terms of the Financing include:
    Completion of the Financing is expected by January 15, 2024 and is intended to be used for working capital purposes.
  • The conversion price of the Bonds will be amended to the Subscription Price per conversion share.
  • The Company will appoint one additional independent non-executive director to be nominated by the Purchaser by no later than 31 March 2024.
  • In concert with the Financing, COPL and its affiliates entered into a Forbearance Agreement with its existing Senior Credit Facility Lender and appointed Peter Kravitz of Province Fiduciary Services as Chief Restructuring Officer.

Edison issues outlook on MGI – Media and Games Invest (M8G): Building a major global adtech player

Retrieved on: 
Saturday, December 30, 2023
EV, Media, Adtech (company), Android, MGI, Parity, IOS, Environment

MGI – Media and Games Invest (MGI) continues to steadily gain market share in a difficult trading environment.

Key Points: 
  • MGI – Media and Games Invest (MGI) continues to steadily gain market share in a difficult trading environment.
  • It is the leading mobile open web supply-side platform on both Android and iOS in North America, and second on Android and fifth on iOS in EMEA.
  • MGI is now trading at a considerable discount to peers across pure adtech and relevant content categories.
  • Parity of rating on EV/revenue and EV/EBITDA across FY23–24e would see the price climb to €3.45 (from €3.57 in June).

Mercado Bitcoin Lists the Digital Cash eEUR Stablecoin From ARYZE

Retrieved on: 
Tuesday, December 19, 2023
Bitcoin, Fintech, Partnership, RWA, Tota, British Virgin Islands, Digital currency, MB, Polygon, Parity, Cryptocurrency

Known as Digital Cash, the eEUR is the first in a series of stablecoins developed by ARYZE, a pioneering multinational FinTech headquartered in Denmark focused on creating solutions that drive financial inclusion through digital assets and programmable money.

Key Points: 
  • Known as Digital Cash, the eEUR is the first in a series of stablecoins developed by ARYZE, a pioneering multinational FinTech headquartered in Denmark focused on creating solutions that drive financial inclusion through digital assets and programmable money.
  • Digital Cash stablecoins operate on various blockchain networks, and at MB can be found on the Polygon blockchain.
  • Digital Cash from ARYZE are full reserve stablecoins, meaning that they are asset-backed with government bonds and cash ensuring 100% parity to the physical Euro.
  • The Digital Cash eEUR stablecoin is issued by ARYZE BVI, a wholly-owned subsidiary of ARYZE Denmark, operating from the well-established digital assets jurisdiction of the British Virgin Islands, and fully compliant with relevant stablecoin regulations.

Nokia and Deutsche Telekom begin deployment of multi-vendor Open RAN network in Germany

Retrieved on: 
Tuesday, December 12, 2023
Cloud, Ecosystem, MWC, SMO, Radio access network, Nokia, Deutsche Telekom, Fujitsu, RIC, Content as a service, Memorandum, Memorandum of understanding, RAN, Radio, Parity, DT, Network equipment provider

Nokia will deploy its commercial Open RAN compliant, high-performance, energy efficient 5G AirScale baseband solution in DT’s commercial network including Fujitsu Radio Units.

Key Points: 
  • Nokia will deploy its commercial Open RAN compliant, high-performance, energy efficient 5G AirScale baseband solution in DT’s commercial network including Fujitsu Radio Units.
  • For Open RAN, Nokia develops the required Open Fronthaul features on top of its high-performance RAN software, ensuring co-existence and feature performance parity with purpose-built RAN.
  • Claudia Nemat, Board Member of Deutsche Telekom AG for Technology and Innovation commented: “Open RAN is crucial to Deutsche Telekom’s strategy to promote greater supplier diversity and accelerate customer-oriented innovation in the radio access network.
  • Our commercial deployment with Nokia and Fujitsu is an important step to prepare multi-vendor Open RAN as the technology of choice for future networks.”
    Tommi Uitto, President of Mobile Networks at Nokia, said: “We are proud to partner with Deutsche Telekom, the largest mobile network operator in Europe, to start deploying a commercial multi-vendor Open RAN network in Germany with Fujitsu.

Stifel Survey Finds, Amid Concern Over the Economy and Personal Finances, Sustainability Takes a Back Seat to Price and Value This Holiday Shopping Season

Retrieved on: 
Wednesday, December 6, 2023
Recreation, Tax, Skiing, Broker-dealer, Eaton Partners, Education, Sport, Perception, Water, Social media, Carbon, Parity, Carhartt, SF

Following three years of near-record inflation, the survey data indicates heightened price sensitivity, just as the holiday shopping season kicks into high gear.

Key Points: 
  • Following three years of near-record inflation, the survey data indicates heightened price sensitivity, just as the holiday shopping season kicks into high gear.
  • Amid persistent inflationary pressures, consumer prioritization of low price reflected the largest gains year over year (up five points from 52% in 2022).
  • Roughly three of five consumers (63%), however, remain willing to pay a premium for brands with leading sustainability practices.
  • “European markets have historically led the U.S. in concern for brand sustainability, but that gap has narrowed amid economic pressures,” added Duffy.

Symbio inaugurates its first gigafactory SymphonHy, Europe's largest integrated site producing hydrogen fuel cells, supporting the deployment of sustainable and efficient mobility.

Retrieved on: 
Tuesday, December 5, 2023
Hydrogen, Innovation system, Ecosystem, Science, Partnership, Robotics, Chemistry, Peugeot, PEM, European, Opel Vivaro, GCWR, Carbon, Parity, Climate, Michelin, Acceleration, Saint-Fons, Automation, Renewable energy

Press release | December 5, 2023

Key Points: 
  • Press release | December 5, 2023
    Symbio inaugurates its first gigafactory SymphonHy,
    Europe's largest integrated site producing hydrogen fuel cells,
    supporting the deployment of sustainable and efficient mobility.
  • Located in Saint-Fons, in the Auvergne-Rhône-Alpes region, SymphonHy is the largest integrated fuel cell production site in Europe, confirming Symbio’s role as a technological and industrial leader.
  • The site houses the Group’s headquarters, a production plant, an innovation hub of unparalleled dimension, and the Symbio Hydrogen Academy.
  • With its state-of-the-art technology, SymphonHy has a high level of automation and robotics supporting large-scale industrial production at a more competitive cost.

Vantiva Confirms its Strong Commitment to Diversity, Equity and Inclusion

Retrieved on: 
Thursday, November 30, 2023
S&P Global, Interface (computing), Platinum, NSPS, CSR, Euronext Paris, Equity, Social responsibility, Parity, Environment, Management

Vantiva Confirms its Strong Commitment to Diversity, Equity and Inclusion:

Key Points: 
  • Vantiva Confirms its Strong Commitment to Diversity, Equity and Inclusion:
    the company joins the CEO Action for Diversity & Inclusion™ Initiative;
    Vantiva has reduced the gender pay gap to 1% as of October 2023.
  • By participating in this initiative, Vantiva confirms its commitment to taking steps to provide a working environment that respects different viewpoints and experiences and encourages employees to freely exchange views on diversity and inclusion within the company.
  • As of October 2023, Vantiva has significantly reduced its gender pay gap to just 1%.
  • Earlier this year, Vantiva received the highest honors from EcoVadis and S&P Global for its commitment to corporate social responsibility (CSR).