Directorate

QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special Adviser

Retrieved on: 
Tuesday, February 13, 2024

CANBERRA, Australia and SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ -- QuintessenceLabs, a pioneer and leader in enterprise-scale encryption orchestration, is proud to announce today that highly respected industry veteran Andy Penn has joined the company's global advisory team as Special Adviser. The addition of Mr Penn, alongside other appointments, brings heightened expertise that will contribute to furthering our market leadership in the increasingly critical domain of advanced encryption solutions.

Key Points: 
  • Andy has had an extensive career spanning over four decades across three industries – telecommunications and technology, financial services, and shipping.
  • QuintessenceLabs is at the forefront of helping solve this problem," said Penn.
  • Also joining the QuintessenceLabs team as US Federal Adviser, is Bob Gourley, co-founder of OODA LLC.
  • Gourley, with significant experience as both a client and consultant, will guide QuintessenceLabs in building key strategic partnerships in North America.

Taiwan Construction Market Size, Trends and Outlook Report to 2027: 3.4% Rise is Forecast in 2024, with Market Set to Expand at an Annual Average Rate of 3.9% During 2025-2027

Retrieved on: 
Tuesday, February 13, 2024

Of the total, TWD58 billion ($2 billion) was allocated for the energy transition, 37% more than 2023's budgetary allocation.

Key Points: 
  • Of the total, TWD58 billion ($2 billion) was allocated for the energy transition, 37% more than 2023's budgetary allocation.
  • The construction works of the project are expected to commence by 2026 and end by the end of 2032.
  • It provides -
    Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Taiwan, featuring details of key growth drivers.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

Emapta Announces Expansion to North Macedonia in Collaboration with the Government

Retrieved on: 
Monday, February 5, 2024

Wilmington, Delaware--(Newsfile Corp. - February 5, 2024) - In a landmark move, Emapta, a leading global outsourcing services company, has announced its ambitious growth plans in North Macedonia.

Key Points: 
  • Wilmington, Delaware--(Newsfile Corp. - February 5, 2024) - In a landmark move, Emapta, a leading global outsourcing services company, has announced its ambitious growth plans in North Macedonia.
  • By the end of the expansion period, the company anticipates allocating more than 15 million euros annually for salaries alone.
  • "We are excited to unlock this tremendous potential in North Macedonia and contribute to the nation's growth and development," said Inge Zwick for Emapta.
  • This expansion aligns with the government's vision of creating a favorable environment for foreign investors and strengthening the economic landscape of North Macedonia.

Teako Minerals Announces Strategic Pivot to Focus on Norway; Pausing Operations in British Columbia

Retrieved on: 
Thursday, January 18, 2024

The EU has introduced a goal that 10% of all critical minerals consumed in the EU in 2030 will need to be produced in the EU by 2030.

Key Points: 
  • The EU has introduced a goal that 10% of all critical minerals consumed in the EU in 2030 will need to be produced in the EU by 2030.
  • This means that the production of battery metals within the EU must be dramatically increased to attain this goal.
  • The event was followed by a networking gathering where Teako and another Service Alliance partner, Kuniko Limited (KNI.ASX), and Norsk Bergindustri, met.
  • The Company will maintain a minor focus on Finland, based on the following:-
    Ranked as one of the best mining jurisdictions.

The Luxembourg House of Financial Technology Announces the Inaugural 'Catapult: Financial Inclusion South East Asia' Program

Retrieved on: 
Tuesday, January 30, 2024

This pioneering acceleration program is designed to empower fintech startups, fostering growth and innovation in financial services.

Key Points: 
  • This pioneering acceleration program is designed to empower fintech startups, fostering growth and innovation in financial services.
  • In Luxembourg, program participants will be immersed in the centre's financial services and financial services ecosystem.
  • Nasir Zubairi, CEO of the LHoFT Foundation, said: "We are immensely proud to broaden our impact with Catapult: Financial Inclusion South East Asia.
  • Catapult: Financial Inclusion Southeast Asia welcomes applications from Fintech startups within the Southeast Asia region focused on addressing financial inclusion gaps with innovative and scalable solutions.

ECB appoints Thijs van Woerden as Director General Horizontal Supervision

Retrieved on: 
Wednesday, January 3, 2024

- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB appoints Thijs van Woerden as Director General Horizontal Supervision
    12 December 2023
    - Thijs van Woerden has over 25 years’ experience in banking and insurance supervision
    - Business area develops supervisory methodologies and policies, conducts industry-wide assessments
    The Executive Board of the European Central Bank has appointed Thijs van Woerden as Director General Horizontal Line Supervision.
  • In his new role Mr van Woerden will be responsible for providing the strategic direction of and managing horizontal line supervision.
  • Alongside other areas of European banking supervision, this business area helps to develop and nurture a common understanding and coordinated approach to supervisory tasks.
  • The thematic supervisory teams of the Directorate General Horizontal Line Supervision perform horizontal tasks relating to all banks subject to European banking supervision.

Forecasting euro area inflation with machine-learning models

Retrieved on: 
Wednesday, January 3, 2024

The strategy review concluded in 2021 highlighted how most Eurosystem models used to forecast inflation are linear.

Key Points: 
  • The strategy review concluded in 2021 highlighted how most Eurosystem models used to forecast inflation are linear.
  • Linear models assume that changes in, for example, wages, always have the same fixed, proportional effect on inflation.

Hawkish or dovish central bankers: do different flocks matter for fiscal shocks?

Retrieved on: 
Wednesday, January 3, 2024

This column presents evidence on the role that US monetary policy plays in how fiscal spending affects the economy.

Key Points: 
  • This column presents evidence on the role that US monetary policy plays in how fiscal spending affects the economy.
  • A dovish Federal Open Market Committee (FOMC) delays policy rate increases, while a hawkish FOMC tightens monetary policy more promptly, following increased fiscal spending.

Former Director of Security of the Israeli Defense Establishment Nir Ben Moshe Joining ParaZero

Retrieved on: 
Thursday, December 21, 2023

Tel Aviv, Israel, Dec. 21, 2023 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announced today the appointment of Nir Ben Moshe, former senior director in the Israeli Ministry of Defense as a specialist advisor to advance the Company’s technology in the global defense market.

Key Points: 
  • Mr. Ben Moshe is a senior executive with experience managing large-scale, highly sensitive national security operations, including hundreds of staff and significant budgets, around the world.
  • In his last position, Ben Moshe served as a director in the Directorate of Security for the Defense Establishment (DSDE) in Israel.
  • In that position, Mr. Ben Moshe was responsible for the security of the Ministry of Defense, Israeli defense industries, defense R&D organizations and defense manufacturers, and also managed a yearly budget of hundreds of millions of dollars.
  • Boaz Shetzer, CEO of ParaZero, commented, “We are honored to welcome Mr. Nir Ben Moshe to ParaZero.

NanoGraf Awarded $8 Million U.S. Army Contract to Give Soldiers More Power On-the-Go

Retrieved on: 
Wednesday, December 6, 2023

Soldiers can be in the field for a long time without access to resupply points.

Key Points: 
  • Soldiers can be in the field for a long time without access to resupply points.
  • They need reliable and long-lasting power sources that ensure that their essential electronic equipment – for communication, navigation, and other functions – remains operational.
  • With the new funds from the U.S. Army, NanoGraf will accelerate the scale up of their silicon anode based cell which fuels the world's most energy-dense cylindrical lithium-ion cell.
  • “You won’t find any outlets on the battlefield, so battery performance is critical,” said Dr. Francis Wang, CEO of NanoGraf.