August 8, 2020

‘Why We Can’t Wait’ Campaign builds on unprecedented support for HR 40 to address racial injustice

From IBW21.org – Institute of the Black World 21st Century US: Congress Should Pass Reparations Bill‘Why We Can’t Wait’ Campaign Builds on Unprecedented Support for HR 40 to Address Racial Injustice Washington, DC, August 3, 2020 – The US Congress should address systemic racism by bringing House Resolution (HR) 40 to a full vote once […]

Reebok and The Great Khalid Foundation provide young aspiring artists an opportunity to be mentored by Khalid

n honor of the brand’s newest sillhoute: the Classic Leather Legacy  Boston, Mass. – August 4, 2020 – In tandem with the launch of the Classic Leather Legacy, today Reebok announces the “Write Your Legacy” contest in partnership with The Great Khalid Foundation. The winner of the contest will have the opportunity to be mentored in singing and […]

Cayman: Chamber announces 2020 Economic Forum Agenda and speakers

The 3rd Annual Chamber of Commerce, Economic Forum in partnership with the Ministry of Finance & Economic Development has announced its full line up of speakers and panelists. The forum will take place Friday, August 14, 8:30 a.m. to 5:00 p.m.  Due to the current social distancing restrictions it will be hosted on a digital […]

UBS loses bid to dismiss Libor collusion claims

By Charley Connor From GBRR An English court has denied UBS’s request to throw out a lawsuit filed by US regulator FDIC, which accuses the bank of colluding with 11 rivals to lowball US dollar Libor. On 27 July the High Court of England and Wales dismissed UBS’s motion for summary judgment. UBS had argued that the […]

ECLAC and PAHO: Controlling the pandemic requires convergence and coordination between health, economic, social and productive policies

New joint report states that economic recovery will only be possible by flattening the curve of contagion. It proposes three phases to control the pandemic, reactivate the economy with protection, and rebuild in an inclusive and sustainable way. Washington, DC, 30 July 2020 (PAHO/ECLAC)- A new joint report by the Economic Commission for Latin America and […]

Pedersoli advising Intesa on its hostile €4.2 billon UBI takeover

By Emilio Demetriou-Jones From GBRR Intesa Sanpaolo, Italy’s second-largest bank by assets, has secured the two-thirds majority in shares it needed to push through its €4.2 billion takeover of UBI Banca, in what is Europe’s largest banking merger for a decade. The CAR shareholder pact, a group that owns 18% of UBI, confirmed that half […]

FCA eyes gender neutral remuneration policies ahead of CRD V

By Emilio Demetriou-Jones From GBRR The UK’s Financial Conduct Authority will require dual-regulated firms to “ensure and demonstrate” gender-neutral remuneration practices as part of CRD V compliance – while the Prudential Regulation Authority announces changes to its group buffer policies under the directive. The FCA released a consultation paper on 3 August, as it prepares to update its […]

OECS and CCRIF SPC complete flood mitigation works in the Malgretoute

By Josette Edward-Charlemagne Wednesday, August 5, 2020 — The OECS Commission and the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) this week concluded a series of efforts to strengthen resilience in at-risk communities through flood mitigation initiatives and disaster prevention sensitisation at the community level.  Mitigation work in the Malgretoute area of Micoud, Saint Lucia, has been ongoing […]

Mercedes−Benz and CATL as a major supplier team up for leadership in future battery technology

High-volume battery supply supports “Electric First” strategy Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have today announced an enhanced partnership in the field of battery technology. Markus Schäfer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Daimler Group Research and Mercedes-Benz Cars COO: “We intent to lead in […]

The UWI secures high-tech testing machines and 2000 COVID-19 test kits for Jamaica

The UWI Regional Headquarters, Jamaica. Tuesday, August 4, 2020 — The University of the West Indies (The UWI), through the International Centre for Environmental and Nuclear Sciences (ICENS) has brokered a deal for a welcomed donation of COVID-19 testing resources for Jamaica. Director of the ICENS, Charles Grant negotiated with the International Atomic Energy Agency […]