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It's a Dog(g)'s Life - Snoop Dogg Enters the Pet Accessory Space with the Launch of Snoop Doggie Doggs

Retrieved on: 
Thursday, November 17, 2022

LOS ANGELES, Nov. 17, 2022 /PRNewswire/ -- Snoop Dogg, entertainment icon and entrepreneur, today takes his iconic name to the next level with an exciting new brand venture – introducing Snoop Doggie Doggs, a new pet accessory line. Created in partnership with SMAC Entertainment and Little Earth Productions, Inc., a leading manufacturer of licensed fashion accessories and apparel, Snoop Doggie Doggs pulls inspiration from Snoop's lifestyle and encourages pet owners everywhere to spoil their dogs (and cats alike) to live like royalty in their everyday lives.

Key Points: 
  • Available beginning today, Tuesday, November 15th, the new Snoop Doggie Doggs brand is now shoppable exclusively at SnoopDoggieDoggs.com and Amazon's store .
  • "The launch of Snoop Doggie Doggs is the perfect addition to the Broadus empire."
  • As the holiday season quickly approaches, Amazon was the perfect retailer to collaborate with on the launch of Snoop Doggie Doggs.
  • Snoop Doggie Doggs is a petwear brand founded by Snoop Dogg.

AM Best Affirms Credit Ratings of UnipolRe Designated Activity Company

Retrieved on: 
Thursday, November 10, 2022

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of UnipolRe Designated Activity Company (UnipolRe) (Ireland).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of UnipolRe Designated Activity Company (UnipolRe) (Ireland).
  • The ratings also consider, in the form of rating lift, AM Bests expectation that UnipolRes parent company, UnipolSai Assicurazioni S.p.A. (UnipolSai) will provide financial support to UnipolRe if needed.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Monetary policy communication – past ECB policymakers commend Bank’s progress and call for more

Retrieved on: 
Friday, November 11, 2022

This is not surprising central banks need to explain increasingly complex monetary policies, often in the context of broader mandates.

Key Points: 
  • This is not surprising central banks need to explain increasingly complex monetary policies, often in the context of broader mandates.
  • In the light of these developments, it is important to assess current communication practices and identify any room for improvement.
  • In the survey we sought their views on euro area monetary policy communication, the related challenges and the road ahead.
  • Nevertheless, some respondents commented on the risk that communication with financial markets can go too far, in particular if market expectations dominate policy.
  • The survey also asked for respondents views regarding the various types of forward guidance, which refers to central banks communicating about the future path of monetary policy.
  • With regard to the representation of individual views, most respondents thought that the ECBs monetary policy communication was about right (Chart 3).
  • Diversity of views on the Governing Council

    Notes: The figure shows the responses to the question In most central banks, monetary policy is set by a committee.

  • Whereas some central banks encourage that the diversity of views on the committee is represented in the external communication, others have adopted a one-voice policy.
  • Where, in your view, is the monetary policy communication by Governing Council members located along this spectrum?
  • Overall, the respondents assessed the ECBs monetary policy communication as broadly adequate.
  • These results reveal that, from the perspective of former policymakers, what constitutes effective communication varies across audiences and is likely to evolve over time.
  • Central banks would therefore be well advised to continue assessing and adjusting their communication practices.

Europe's growing league of small corporate bond issuers: new players, different game dynamics

Retrieved on: 
Friday, November 11, 2022

In the eurozone since 2008, aggregate market financing has been growing significantly faster than bank lending.

Key Points: 
  • In the eurozone since 2008, aggregate market financing has been growing significantly faster than bank lending.
  • Policymakers have supported the increase in bond financing as it can help insulate firms from shocks to the banking sector by diversifying sources of funds.
  • These new players are considered key to achieving a transition from a largely bank-based system towards more capital market funding.
  • To this end, in Darmouni and Papoutsi (2022), we have built a large panel dataset, using two decades of micro-data.
  • We have used this to study the European corporate bond markets new players: smaller, private, and unrated issuers that have entered the market in recent years.
  • This is important because, while these new issuers embody the shift towards increased capital market funding, they might be "invisible" in aggregate bond market volume or spreads.
  • While bank loans still account for the largest share of corporate debt, euro area firms have increasingly resorted to bond financing, especially following the global financial crisis of 2008-09.
  • This is justified by the number of firms entering the bond market.
  • In March 2020, at the onset of the coronavirus (COVID-19) pandemic, European corporate bond markets were thrown into turmoil.
  • However, our study paints a different picture: it seems that the pullback of bond investors was primarily aimed at the largest, rated issuers.
  • Overall, our paper suggests that the new players in the growing minor league of the European bond market are largely disconnected from the more established, top-division players and still heavily bank-dependent.
  • First, if we rely entirely on aggregate bond market indicators, we might not pick up on what is happening with smaller issuers.
  • Third, interventions aimed at stimulating the bond market might have limited impact on smaller issuers relative to larger, investment grade firms.
  • Overall, looking at European corporate bond markets through the lens of firm-level data reveals striking differences between the major and minor leagues.

Systemic risk and policy interventions: monetary and macroprudential policy

Retrieved on: 
Friday, November 11, 2022

Note: The chart displays the distribution of output as a share of output in the absence of macroprudential policy measures, i.e.

Key Points: 
  • Note: The chart displays the distribution of output as a share of output in the absence of macroprudential policy measures, i.e.
  • The green bars report the distribution in the absence of macroprudential policy measures, while the blue bars depict the same distribution when macroprudential policy measures are used optimally.
  • But going back to our initial questions, how do macroprudential policies interact with monetary policy?
  • However, as long as macroprudential policy is effective, most models suggest that monetary policy should stick to its traditional objective of price stability (see Angelini et al.
  • In principle, therefore, the traditional Tinbergen rule (of having a separate policy [tool/instrument] for each policy target) applies: macroprudential policy can focus on systemic risk whereas monetary policy can focus on keeping inflation stable and on target.
  • This being the case, there is an argument for monetary policy to play a macroprudential role (e.g.
  • Although it varies across models, this macroprudential role of monetary policy takes the general form of leaning against the wind to contain systemic risk during the build-up phase and cleaning up by a relative loosening of policy during financial crises to speed up the recovery.
  • Although the conceptual case for monetary policy to play a macroprudential role seems clear, there is much less consensus on the practical implications.
  • All in all, the view that emerges is that there are trade-offs associated with the use of monetary policy to contain systemic risk.
  • A prudential use of monetary policy may help contain systemic risk but doing so may entail sacrificing some price stability.
  • Should monetary policy to some extent give up on steering inflation in order to reduce systemic risk?

Green QE and carbon pricing: looking at potential tools to fight climate change

Retrieved on: 
Friday, November 11, 2022

a carbon tax) is an effective instrument for combatting climate change, the potential contribution of central banks is still debated.

Key Points: 
  • a carbon tax) is an effective instrument for combatting climate change, the potential contribution of central banks is still debated.
  • Central banks around the world have explored various strategies for integrating climate change into their monetary policy frameworks.
  • Potential tools include greener collateral frameworks, green lending facilities and green quantitative easing (QE), whereby central banks tilt their balance sheets towards bonds issued by firms in clean or non-polluting sectors.
  • How much can central banks contribute to climate change mitigation in this way?
  • How effective are these tools in reducing carbon emissions relative to a carbon tax?
  • In Abiry, Ferdinandusse, Ludwig and Nerlich (2022), we contribute to this debate by assessing the effectiveness of green QE in limiting global warming compared with a carbon tax.
  • We define green QE as a full portfolio reallocation of the outstanding stock of privately issued bonds held by central banks towards a portfolio exclusively comprising green bonds.
  • With a less extreme scenario in which only part of the central banks portfolio is tilted, the climate impact of green QE is even more limited.
  • The two counteracting forces of green QE outlined above explain why the overall effectiveness of green QE, even with a full portfolio shift, is more limited as compared with other policy tools, such as a carbon tax.
  • What level of carbon tax would be needed to achieve the same reduction in temperature as green QE?
  • While a carbon tax is the most effective means for combatting climate change, the analysis shows there can also be a limited role for central banks.

Global Bio-Decontamination Market Trends and Forecasts 2022-2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 1, 2022

The "Global Bio-Decontamination Market Trends and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Bio-Decontamination Market Trends and Forecasts" report has been added to ResearchAndMarkets.com's offering.
  • This report highlights the current and future market potential of bio decontamination along with a detailed analysis of the drivers, restraints and opportunities in the market.
  • The report also covers market projections to 2027 and market rankings for leading companies.
  • For market estimates, data has been provided for 2019 as the historic year, 2021 as the base year, and forecasts for 2027.

EQS-News: Rebranded Remittances Business Could Expand Inter&Co’s “Super App” Offering As It Eyes Global Expansion

Retrieved on: 
Friday, October 28, 2022

The USEND acquisition marked Inter&Cos entry step into the U.S. market, and will allow it to create a robust global platform offering cheaper, fairer, and more efficient products and services.

Key Points: 
  • The USEND acquisition marked Inter&Cos entry step into the U.S. market, and will allow it to create a robust global platform offering cheaper, fairer, and more efficient products and services.
  • The former app recently rebranded to Inter Global to ramp up the digital banks presence in the US market.
  • The companys footprint seems to resonate with Inter&Cos leading Brazilian Super App, which offers financial and non-financial services to more than 22 million customers.
  • For consumers, Inter&Co and its remittance business Inter Global are regulated financial institutions in their countries of origin, offering superior governance and end-to-end security to all transactions.

Oughton Equestrian-Inspired Luxury Leather Goods Joins Tenth Avenue Holdings Family of Brands

Retrieved on: 
Thursday, October 20, 2022

NEW YORK, Oct. 20, 2022 /PRNewswire/ -- Tenth Avenue Holdings, LLC (TAH) has acquired Oughton, an equestrian-inspired leather goods and accessories lifestyle brand. Melissa Hubbard has been named CEO. Joel Citron, co-founder and co-CEO of TAH, made the announcement. TAH is a privately held, diversified holding company that operates and invests in founder-led businesses.

Key Points: 
  • NEW YORK, Oct. 20, 2022 /PRNewswire/ -- Tenth Avenue Holdings, LLC (TAH) has acquired Oughton, an equestrian-inspired leather goods and accessories lifestyle brand.
  • Oughton is a equestrian-inspired handcrafted luxury goods brand for riders and non-riders alike.
  • "Because of our resources in the equestrian lifestyle space and support from Tenth Avenue Holdings, we can take Oughton to the next level."
  • Oughton luxury goods become heirlooms that carry the patina of their ancestors' travels with pride.It is one of Tenth Avenue Holdings' family of privately held brands helmed by Melissa Hubbard, CEO.

TeraImmune Receives FDA IND Clearance to Initiate Phase 1/2a Clinical Trial of TI-168 for Treatment of Hemophilia A with Refractory Inhibitors

Retrieved on: 
Tuesday, October 11, 2022

TI-168 is a next-generation, autologous FVIII TCR-Treg cell therapy candidate to eliminate FVIII inhibitors in HA patients.

Key Points: 
  • TI-168 is a next-generation, autologous FVIII TCR-Treg cell therapy candidate to eliminate FVIII inhibitors in HA patients.
  • The multi-center, open-label, Phase 1/2a study is designed to assess the safety and efficacy of TI-168 in up to eighteen congenital hemophilia A (HA) patients with refractory inhibitors.
  • All subjects will continue to receive mandatory prophylactic emicizumab and standard of care treatment with their usual episodic agents to treat breakthrough bleeds, as needed.
  • The primary objectives are to evaluate the safety and feasibility of TI-168 and determine the maximum tolerated dose.