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Dear Editor As the shared leadership team of the Kingston Land Trust, we urge Kingston voters to vote yes on this November’s ballot measure to create a Community Conservation Fund. The fund will increase Kingston’s ability to protect clean water, historic Kingston resources, recreational and natural lands, and urban agriculture through a transfer tax on luxury real estate transactions. This fund is overseen by a Citizen Advisory Board, which may include you, and is a public resource that, in accordance with New York State law, requires open space, lands of exceptional scenic value, marshes and wetlands, undeveloped shorelines, public Can…
news Telecom Argentina has raised US$200 million in a new bond issue aimed at improving its debt profile and supporting its infrastructure investment plans. With an initial issuance of more than USD 500 million and the completion of the proposed debt swap for Type 1 Transferable Obligations due in 2026, the total issuance reaches USD 817 million, making Argentina the largest in terms of issuance value. It was one of the largest corporate bonds, the newspaper announced. company. Benefiting from a more stable macroeconomic environment and the company’s strong financial and credit profile, bond costs were reduced from 9.70% to…
Michael Davis was waiting for a customer in a parking lot on South Fitzhugh Avenue.It was just after 2pm during the second week of the State Fair. Traffic outside Gate 5 on Robert B. Cullum Boulevard remained heavy.It was quiet near Gate 8 on Fitzhugh Street, which straddles the 277-acre property south of Interstate 30.For 24 days each year at the State Fair of Texas, a giant Ferris wheel emblazoned with the words “Texas Star” lights up and millions of visitors descend on the fairgrounds for a whirlwind of neon-lit rides, treats, and fried food. experience. . It is the…
Aon Space Team leadership changes as Jeff Policeno retires | Insurance Business America Insurance News Aon Space Team changes leadership as Jeff Poliseno retires Successor will lead the department and continue strategic initiatives insurance news Written by Kenneth Arauro Aon announced that Jeff Poliseno (pictured above, left) will retire after a 30-year career in aerospace brokerage and risk management. Mr. Poliseno joined Aon’s Global Space team in 2004 and has served as the team’s chief executive officer since August 2008. He played a key role in developing the company’s space capabilities and established Aon as a trusted partner for aerospace…
I appreciate Bart LeBon’s October 14 Community Perspective on the Public Employees Retirement System (PERS), but it only tells half the story.Mr. Burt recognizes that attracting and retaining teachers is an important issue for the state and wants to vote to spend money to achieve this worthy goal. But what Mr. Burt doesn’t seem to understand is that a major problem hindering the recruitment and retention of teachers and other public employees is Alaska’s current disastrous retirement system, which is linked to the abnormal turnover in public schools. This is obvious when you look at the rates.Alaska is the only…
The oil producer’s $500 million venture fund hopes to back startups that can help Saudi Arabia become the Middle East’s artificial intelligence technology hub. Wa-ed Ventures and the startup AIXplain team Oil and gas producer Saudi Aramco’s $500 million Wa’ed Ventures fund has set aside $100 million to invest in artificial intelligence technology. “Our strategic decision to allocate capital to AI investments is rooted in our deep understanding of Saudi Arabia’s growing ecosystem,” Anas Al-Ghatani, acting CEO of Wa’ed Ventures, said of the move. said in a clarifying statement. “By fostering innovation and supporting AI startups, we aim to accelerate…
HSBC and Ant International have completed a cross-bank blockchain-based test transaction denominated in Hong Kong dollars under the Hong Kong Monetary Authority’s Ensemble Sandbox.editorialThis content is selected, created, and edited by the Finextra editorial team based on community relevance and interest. Launched in March this year, Project Ensemble is the HKMA’s wholesale central bank digital currency (wCBDC) project aimed at fostering the development of tokenization in Hong Kong.Project Ensemble Sandbox allows companies to explore and test tokenization use cases, such as tokenized money and tokenized real-world asset settlement. Ant International and HSBC’s use case integrates HSBC and Hang Seng Bank’s…
Roadside Retail Limited, a UK joint venture between Roadside Real Estate and the Meadow Real Estate Fund VI funds managed by Meadow Partners, has invested £70m (€84m) to acquire a portfolio of stores from discount retail chain Lidl. I am. A UK-based partnership set up to acquire and develop roadside property assets has entered into an agreement with Lidl Great Britain Limited to acquire 12 stores in a forward financing agreement. Following an initial investment of £30 million in land value, Lidl will sell the 12 newly built stores to the joint venture upon completion and lease them back. The…
Vietnam-based conglomerate Vingroup on Monday announced the launch of Vin Ventures Capital Fund with total assets under management of $150 million. The fund specializes in investing in high-impact technology startups with the aim of nurturing and developing the startup ecosystem, the group said in a statement. This initiative is expected to significantly contribute to the creation of digital technology companies in Vietnam and the entire region. VinVentures is a capital fund sponsored by Pham Nhat Vuong and Vingroup. Pham, a car and real estate tycoon, is Vietnam’s richest person, according to previous reports. The fund currently manages $150 million in…
Bruce Springsteen has poured cold water on the idea that he is a billionaire, saying estimates of his 10-figure net worth are “really wrong.” News outlets such as Forbes have estimated that The Boss is worth $1.2 billion, based on his extensive catalog of studio and live albums, which he expects to increase to $500 million in 2021. It was sold to Sony. However, the New Jersey native set the record straight by telling the media, “I’m not a billionaire.” “I wish that was the case, but they were really wrong,” Springsteen said in a recent interview with the Telegraph.…