Bloomberg Global Business Forum

Bloomberg Expands Sustainable Index Offering with New Green Tilted Fixed Income Indices

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Bloomberg today announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg's flagship indices such as the Global Aggregate, Treasury and Corporate Indices.

Key Points: 
  • NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Bloomberg today announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg's flagship indices such as the Global Aggregate, Treasury and Corporate Indices.
  • The "tilted" indices incorporate research from Bloomberg's ESG and fixed income data teams and offer investors an opportunity to incorporate and increase exposure to sustainable products while maintaining similar characteristics of the parent benchmark.
  • The year-to-date return for the Bloomberg Global Aggregate 20% Green Bond Index is 0.75% above that of the parent benchmark, the Bloomberg Global Aggregate Index, showcasing the opportunity for additional returns for investors with an appetite for sustainability-focused investment.
  • With Bloomberg's expanded offering, clients have more choices than ever to increase their weighting of green bonds while maintaining the fixed income exposure they expect with the flagship indices.

Hyundai Motor Company and University College London to Collaborate on Carbon-Free Future Technologies

Retrieved on: 
Wednesday, November 22, 2023

Hyundai Motor and UCL to conduct joint research on hydrogen production, fuel cells and electrification technologies, leveraging UCL's new Advanced Propulsion Lab

Key Points: 
  • Hyundai Motor and UCL to conduct joint research on hydrogen production, fuel cells and electrification technologies, leveraging UCL's new Advanced Propulsion Lab
    SEOUL, South Korea, Nov. 22, 2023 /PRNewswire/ -- Hyundai Motor Company today announced that it is partnering with the world-renowned University College London (UCL) to jointly research carbon-neutral future technologies.
  • Hyundai Motor signed a memorandum of understanding (MOU) on 'Cooperation in areas of Research and Development for Hydrogen Production, Hydrogen Fuel Cells and Electrification Technology' with UCL at Mansion House in London on November 22.
  • With both South Korea and UK aiming to achieve carbon neutrality by 2050, Hyundai Motor looks to accelerate the development of a hydrogen economy and realize a sustainable future mobility ecosystem through this MOU.
  • UCL is a prestigious research-oriented university that is consistently ranked at the top of global university rankings and has produced dozens of Nobel Prize and Fields Medal winners.

PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

Retrieved on: 
Monday, October 23, 2023

RIYADH, Saudi Arabia and SEOUL, South Korea, Oct. 23, 2023 /PRNewswire/ -- The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia and SEOUL, South Korea, Oct. 23, 2023 /PRNewswire/ -- The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.
  • PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.
  • Hyundai will also act as a strategic technology partner to support the development of the new manufacturing plant, by providing technical and commercial assistance.
  • PIF's investments are also localizing automotive component manufacturing in Saudi Arabia, further strengthening the automotive supply chain.

PIF and Hyundai Motor Company Sign Joint Venture Agreement to Establish New Automotive Manufacturing Plant in Saudi Arabia

Retrieved on: 
Monday, October 23, 2023

RIYADH, Saudi Arabia and SEOUL, South Korea, Oct. 22, 2023 /PRNewswire/ -- The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.

Key Points: 
  • RIYADH, Saudi Arabia and SEOUL, South Korea, Oct. 22, 2023 /PRNewswire/ -- The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.
  • PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%.
  • Hyundai will also act as a strategic technology partner to support the development of the new manufacturing plant, by providing technical and commercial assistance.
  • PIF's investments are also localizing automotive component manufacturing in Saudi Arabia, further strengthening the automotive supply chain.

SPIE Photonics West 2024 Opens for Registration

Retrieved on: 
Thursday, October 5, 2023

Registration has opened for SPIE Photonics West 2024 , which will run from 27 January to 1 February at the Moscone Center in San Francisco.

Key Points: 
  • Registration has opened for SPIE Photonics West 2024 , which will run from 27 January to 1 February at the Moscone Center in San Francisco.
  • View the full release here: https://www.businesswire.com/news/home/20231005492002/en/
    Attendees at SPIE Photonics West 2023 (Photo: Business Wire)
    SPIE Photonics West has four major application areas emphasizing the latest technologies and discoveries that utilize optics and photonics.
  • All three exhibitions and the industry program are free to attend with a SPIE Photonics West registration.
  • “Photonics West 2024 promises to be an engaging and thought-provoking week of networking and learning opportunities,” said SPIE Senior Director of Technical Programs Marilyn Gorsuch.

Rikkeisoft Plans to Invest Up to $30 Million in the U.S. by 2026

Retrieved on: 
Tuesday, September 19, 2023

Mr. Tung Bui stated that RKTech would primarily focus the investment of $10 million - $30 million over the next three years in M&A plans, expanding new offices, and developing technology human resources.

Key Points: 
  • Mr. Tung Bui stated that RKTech would primarily focus the investment of $10 million - $30 million over the next three years in M&A plans, expanding new offices, and developing technology human resources.
  • Specifically, the investment for 2023 is set at $2 million and is expected to increase to $30 million by 2026.
  • Mr. Tung Ta, Chairman of Rikkeisoft shared that the U.S. market represents a strategic investment for Rikkeisoft.
  • Establishing RKTech and long-term investments in the U.S. market will play a pivotal role in helping Rikkeisoft achieve its IPO target in 2028.

'Dare to Grow' with MJBizCon

Retrieved on: 
Thursday, September 7, 2023

DENVER, Sept. 7, 2023 /PRNewswire/ -- With the potential rescheduling of cannabis on the horizon, the 12th annual MJBizCon, at the Las Vegas Convention Center, November 28 - December 1, 2023 will examine industry changes, challenges, and opportunities.

Key Points: 
  • MJBizCon 2023 celebrates the cannabis community and those who continue to dare to grow, dare to dream, dare to learn and dare to expand.
  • Despite the complex regulations, growing pains, stock swings, and 'dare' we say potential re-scheduling, MJBizCon is where the industry unites.
  • The Emjays International Cannabis Awards produced by Farechild Events in association with MJBizCon will be announced at the awards show on November 30.
  • "Just like 12 years ago when we dared to launch MJBizCon, we want the community to know we are still here ready to conquer new hurdles and forge new opportunities."

Jacobs Secures National Grid Management Consultancy Framework

Retrieved on: 
Tuesday, August 22, 2023

DALLAS, Aug. 22, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to National Grid's new General Management Consultancy Framework to support the energy utility's business service operations needs in the U.K. and U.S.

Key Points: 
  • DALLAS, Aug. 22, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to National Grid 's new General Management Consultancy Framework to support the energy utility's business service operations needs in the U.K. and U.S.
    Jacobs will provide service operations support across National Grid to help improve core business functionality, including strategic development, business planning, process improvement and implementation support.
  • Extending Jacobs' more than 15-year relationship with National Grid through this framework will unlock better outcomes," said Jacobs Senior Vice President for Global Business Units Koti Vadlamudi.
  • In the U.K., Jacobs has supported National Grid in multiple ways.
  • For example, the Design & Project Services Framework across National Grid's Transmission portfolio, and the Jacobs/Morrison Energy Services Joint Venture (J1M) provide a range of services on National Grid's Electricity Transmission Engineering Procurement Construction Framework - Substations Lot .

Greenberg Traurig's Boston Office Receives Inaugural "Empowering Women" Award from Massachusetts Lawyers Weekly

Retrieved on: 
Tuesday, August 1, 2023

BOSTON, Aug. 1, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP's Boston office was selected for Massachusetts Lawyers Weekly's first-ever Empowering Women Awards, which

Key Points: 
  • Global law firm Greenberg Traurig, LLP's Boston office was selected for Massachusetts Lawyers Weekly's first-ever Empowering Women Awards, which recognizes law firms in Massachusetts that have "shown a strong commitment to supporting and elevating women attorneys."
  • BOSTON, Aug. 1, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP's Boston office was selected for Massachusetts Lawyers Weekly's first-ever Empowering Women Awards, which
    recognizes law firms in Massachusetts that have "shown a strong commitment to supporting and elevating women attorneys."
  • Across the firm, Greenberg Traurig actively supports women attorneys throughout their careers by providing the tools they need to successfully develop new business.
  • The Boston office also works with like-minded organizations to address these issues on a broader scale in a variety of industries and communities.

Jacobs Completes Underground Infrastructure Engineering for the First Full-Scale Wave Energy Test Facility in the US

Retrieved on: 
Tuesday, June 6, 2023

DALLAS, June 6, 2023 /PRNewswire/ -- Jacobs (NYSE: J) completed the underground infrastructure engineering for the PacWave South commercial-scale, ocean wave energy testing facility. The PacWave South project in Seal Rock, Oregon, will be the first pre-permitted, full-scale test facility for wave energy devices in the U.S., and was delivered for Oregon State University (OSU). Jacobs led the engineering services for the HDD Company, the design-build contractor for the project, to support the evaluation and testing of new energy generation technologies to turn offshore ocean waves to onshore renewable electricity.

Key Points: 
  • Supports renewable new energy technology, security and energy transition efforts
    DALLAS, June 6, 2023 /PRNewswire/ -- Jacobs (NYSE: J) completed the underground infrastructure engineering for the PacWave South commercial-scale, ocean wave energy testing facility.
  • The PacWave South project in Seal Rock, Oregon, will be the first pre-permitted, full-scale test facility for wave energy devices in the U.S., and was delivered for Oregon State University (OSU).
  • PacWave South allows up to 20 wave energy converters (WECs) of various designs to be tested in real-world, open-sea conditions seven miles off Oregon's coast.
  • This project received a National Recognition Award in the American Council of Engineering Companies' (ACEC) 2022 Engineering Excellence Awards (EEA) competition.