Financial Times

Citycon has published its 2023 Sustainability Accounts featuring the company's refined sustainability strategy

Retrieved on: 
Monday, March 25, 2024

HELSINKI, March 25, 2024 /PRNewswire/ -- Citycon Oyj's 2023 Sustainability Accounts have been published today, reflecting the impact of its updated sustainability strategy. The highlights of the year include the transformation of some of our centres into robust transportation hubs with a strong emphasis on green mobility. The introduction of state-of-the-art technology, including AI, mark the company's commitment to energy efficiency. An all-time-high of 1,100 community engagement initiatives across the centres is a testament of Citycon's efforts in creating sustainable communities.

Key Points: 
  • HELSINKI, March 25, 2024 /PRNewswire/ -- Citycon Oyj's 2023 Sustainability Accounts have been published today, reflecting the impact of its updated sustainability strategy.
  • Citycon updated its sustainability strategy in May 2023, now containing six focus areas that enable the company to effectively work towards its ambitious long-term goals.
  • The Sustainability Accounts provide information on sustainability topics that matter the most to Citycon and its stakeholders, describes the company's environmental and social performance, as well as sustainability highlights in 2023.
  • In addition, Citycon has also published its annual Green Financing Allocation of Proceeds and Impact Report 2023, which integrates the company's sustainability targets with its financing activities.

The Agency Launches Office in Reno, Nevada

Retrieved on: 
Tuesday, March 19, 2024

LOS ANGELES, March 19, 2024 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its new office in Reno, Nevada. The new locale, which will be known as The Agency Reno, is the firm's third office in the state of Nevada, and joins the brokerage's growing network of offices in the U.S., Canada, Mexico, Central America, the Caribbean, and Europe. The office will be led by accomplished industry veteran Zar Zanganeh, who will serve as Managing Partner, and A.J. Palomar, who will serve as Managing Director. The Agency Reno will serve the greater Reno region as well as Sparks, Carson City, Incline Village, and the North Shore of Lake Tahoe on the Nevada side. Zar Zanganeh opened The Agency Las Vegas in October 2021 and The Agency Henderson in September 2023.

Key Points: 
  • LOS ANGELES, March 19, 2024 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its new office in Reno, Nevada.
  • Zar Zanganeh opened The Agency Las Vegas in October 2021 and The Agency Henderson in September 2023.
  • "We are thrilled to launch our new office in Reno as we continue to expand The Agency's presence throughout greater Nevada," said Mauricio Umansky, CEO and Founder of The Agency.
  • "We are thrilled to launch our new office in Reno as we continue to expand The Agency's presence throughout greater Nevada," said Mauricio Umansky , CEO and Founder of The Agency.

UNDER ARMOUR ANNOUNCES LEADERSHIP TRANSITION

Retrieved on: 
Wednesday, March 13, 2024

BALTIMORE, March 13, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that Kevin Plank will become President & Chief Executive Officer, effective April 1, 2024. Plank will succeed Stephanie Linnartz, who will be stepping down as President & Chief Executive Officer and member of the Board. In connection with Plank's appointment, Dr. Mohamed A. El-Erian, an independent director since 2018 and Lead Director since 2020, will become the non-executive Chair of the Board. Plank, who will transition from Executive Chair of the Board, will remain a director. Linnartz will remain an advisor to the company through April 30, 2024.

Key Points: 
  • Plank, who will transition from Executive Chair of the Board, will remain a director.
  • "On behalf of the full team, I want to thank Stephanie for her contributions to Under Armour.
  • "During her tenure, she strengthened the leadership team with executive hires in critical areas, including product, design, supply chain, consumer connectivity, and regional management.
  • Plank founded Under Armour in 1996, and since then, he has been the driving force behind its innovative products and brand.

Farmers’ protests: why EU wants to increase tariffs on Russian imports but won’t impose sanctions

Retrieved on: 
Wednesday, April 3, 2024

The increased duties will apply to imports of cereals, oilseeds and related products from Russia and Belarus.

Key Points: 
  • The increased duties will apply to imports of cereals, oilseeds and related products from Russia and Belarus.
  • But they are designed to allow unhindered passage through EU countries.
  • As an EU press release put it: “Importantly, the proposed tariffs will … not affect global food security, particularly for developing countries.
  • On this basis, the EU has decided to introduce restrictions with a view to reducing the access of Russian grain to its internal market.

Fine balance

  • Or put another way, how to address Polish farmers’ protests about EU imports of Ukraine grains, which are hurting the internal EU market.
  • The call was not about how to punish Russia, although it could be argued the two are inextricably linked.
  • To ease tensions with Poland, Ukraine has said it is willing to accept restrictions on its trade with the EU.

Why target Russian grain?

  • As to whether the tariffs will hurt Russia, they will – a little – if they hamper its exports.
  • As for global trade, Russia’s excess supplies are a political and market control mechanism, albeit a questionable one.
  • For the rest of the world, the concern is being able to get enough food to feed their people.


Elimma C. Ezeani does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Business as usual: bank climate commitments, lending, and engagement

Retrieved on: 
Tuesday, April 2, 2024
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Key Points: 

    EQS-News: ID Finance Celebrates Seventh Consecutive Year in Financial Times' FT 1000 Ranking as One of Europe's Fastest-Growing Companies

    Retrieved on: 
    Wednesday, March 13, 2024

    5th of March of 2024 – ID Finance, a leading fintech company in Spain and Mexico, has proudly secured its position for the seventh consecutive year as one of Europe's fastest-growing companies, according to the FT 1000 ranking.

    Key Points: 
    • 5th of March of 2024 – ID Finance, a leading fintech company in Spain and Mexico, has proudly secured its position for the seventh consecutive year as one of Europe's fastest-growing companies, according to the FT 1000 ranking.
    • ID Finance has demonstrated remarkable growth, achieving a 251% increase over the last three years, with a CAGR of 52%.
    • The FT 1000 ranking is composed of European companies that have demonstrated the highest annual growth rates during the specified period.
    • ID Finance's continued presence on this list underscores its leadership position in the fintech sector and its commitment to innovation and growth.

    Media OutReach Newswire Launches USA Press Release Distribution Network

    Retrieved on: 
    Wednesday, March 13, 2024

    HONG KONG SAR - Media OutReach Newswire - 28 February 2024 - Media OutReach Newswire , Asia's first global newswire, has launched its own press release distribution network for the USA market.

    Key Points: 
    • HONG KONG SAR - Media OutReach Newswire - 28 February 2024 - Media OutReach Newswire , Asia's first global newswire, has launched its own press release distribution network for the USA market.
    • Jennifer Kok, Founder and CEO of Media OutReach Newswire, says the USA distribution network is focused on supporting PR professionals and PR agencies to build authentic media relations with journalists and editors and optimize news write-up opportunities.
    • Media OutReach Newswire's proprietary Media and Journalist Insights allows clients to monitor journalists' interaction with their press release with detailed distribution details, email open rates and open rates by publication.
    • As a pioneering global newswire agency and the voice of Asian companies, Media OutReach Newswire is the only press release company that owns its distribution network in 26 countries across Asia Pacific region, USA, and with partners in Canada, Latin America, UK, Europe, Middle East, and Africa.

    ROSEN, LEADING TRIAL ATTORNEYS, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation – SAN

    Retrieved on: 
    Saturday, March 9, 2024

    WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq.

    Key Points: 
    • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq.
    • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
    • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
    • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Banco Santander, S.A. - SAN

    Retrieved on: 
    Thursday, March 7, 2024

    NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Banco Santander, S.A. (“Santander” or the “Company”) (NYSE: SAN).

    Key Points: 
    • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Banco Santander, S.A. (“Santander” or the “Company”) (NYSE: SAN).
    • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
    • Specifically, Iran’s state-controlled Petrochemical Commercial Company allegedly moved money through a Santander UK business bank account via a front company.
    • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lloyds Banking Group plc - LYG

    Retrieved on: 
    Thursday, March 7, 2024

    NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Lloyds Banking Group plc (“Lloyds” or the “Company”) (NYSE: LYG).

    Key Points: 
    • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Lloyds Banking Group plc (“Lloyds” or the “Company”) (NYSE: LYG).
    • The investigation concerns whether Lloyds and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
    • Specifically, the article reported that Lloyds provided accounts to British front companies secretly owned by Iran’s state-controlled Petrochemical Commercial Company.
    • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.