Posts

Posted on

VEON’s Banglalink Ramps Up Internet Speeds in Bangladesh to Accelerate Digital Services in Rapidly Growing Economy

Amsterdam, 26 September 2022: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Banglalink, its operating company in Bangladesh, is launching next generation 4G networks nationwide across Bangladesh to provide high-quality connectivity to accelerate the use of digital services. The new mobile network is being rolled out over the next few months and will typically double internet speeds once available. 

With 92.8% of internet users in Bangladesh relying on 4G to access digital services1, the availability of high-speed, high-quality digital connectivity through Banglalink will benefit the economic development of Bangladesh.

“Bangladesh is one of the world’s fastest-growing economies and needs a fast high-quality network to support its rapid economic development,” says Kaan Terzioglu, CEO of VEON. “Banglalink’s next generation 4G network typically doubles internet speeds and will enable superior digital services.  This will help our customers in their personal and professional lives, benefit the country of Bangladesh by boosting the economy, and reinforce Banglalink’s position as the leading digital communications services provider in Bangladesh.”

The new Banglalink 4G network uses the 2.3 GHz spectrum it procured when it doubled its spectrum allocation in April 2022, employs the latest Time Division Duplex (TDD) technology, and has involved the deployment of 3,000 new base stations to provide a total of 14,000 sites across the country.  Banglalink is the first mobile operator in Bangladesh to deploy the next-generation TDD technology, and the network is being systematically rolled out across the country over the next few months and is being launched in Khulna, Bangladesh’s third largest city.  The TDD network will improve the speed and availability of digital communications across Bangladesh while providing higher connection quality for users of Banglalink’s health, education, and entertainment digital services.

“Banglalink is proud to uphold the VEON commitment of providing first-rate digital services to its customers across Bangladesh,” states Erik Aas, CEO of Banglalink. “Being the first Bangladeshi operator to implement next generation 4G demonstrates the shared aspirations of VEON and Banglalink to ensure we provide customers with faster internet and quality digital experiences.”

About Banglalink

Banglalink is one of the leading digital communications service providers in Bangladesh, working to unlock new opportunities for its customers as they navigate the digital world. Driven by the vision of transforming lives through technology, Banglalink also strives to transform into a future-ready service provider capable of catering to the demands of the new digital era. It is a subsidiary of VEON Ltd – a Nasdaq and Euronext listed connectivity provider headquartered in the Netherlands.

For more information, visit: www.banglalink.net

About VEON

VEON is a global digital operator that provides converged connectivity and online services to over 200 million customers in seven high-growth markets. We are transforming people’s lives, empowering individuals, creating opportunities for greater digital inclusion and driving economic growth across countries that are home to more than 8% of the world’s population.  Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext.

For more information, visit: https://www.veon.com

Disclaimer

This release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON’s initiatives, operations and strategy in Bangladesh. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.

Contact Information

  • Group Communications Director

Marina Levina
[email protected]

  • Julian Tanner



[email protected]

1

GSMA Country Overview: Bangladesh



Posted on

Introducing Amazon’s Prime Early Access Sale—A New Holiday Shopping Event for Members to Save Big October 11 and October 12

Introducing Amazon’s Prime Early Access Sale—A New Holiday Shopping Event for Members to Save Big October 11 and October 12

The new 48-hour event gives Prime members exclusive early access to holiday deals, including on must-have brands like Peloton and New Balance, and Amazon’s lowest prices of the year on selectproducts from brands like Caudalie, Murad, and Philips Sonicare

Amazon’s first-ever Top 100 list will feature a curated selection of some of the best deals from brands like Hasbro, iRobot, KitchenAid, and Samsung; Prime members can also shop up to 80% off select Fire TV smart TVs, plus score additional savings on Alexa-enabled devices and top products from LEGO, adidas, Furbo, and Ashley Furniture

Starting today, members can find holiday shopping inspiration from new gift guides across home and toys, plus Amazon’s Toys We Love list

SEATTLE–(BUSINESS WIRE)–
(NASDAQ: AMZN)—Today, Amazon unveiled Prime Early Access Sale, a new two-day global shopping event exclusive to Prime members. The event begins October 11 at 12 a.m. PDT and runs through October 12 in 15 countries: Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain, Sweden, Turkey, the UK, and the U.S.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220925005058/en/

(Graphic: Prime Early Access Sale)

(Graphic: Prime Early Access Sale)

Prime Early Access Sale gives members a chance to kick off the holiday shopping season early with hundreds of thousands of deals. As part of the new deals event, Amazon is introducing a Top 100 list of some of the season’s most popular and giftable items. New deals from the list will drop throughout the event, offering deep savings across all top categories, including electronics, fashion, home, kitchen, pets, toys, and Amazon devices. Holiday gift guides and Amazon’s Toys We Love list will also make it easier for Prime members to discover, shop, and save on deals this holiday season.

“We are so excited to help Prime members kick off the holiday season with Amazon’s new Prime Early Access Sale—an exclusive opportunity for members to get deep discounts on top brands we know they are looking for this time of year,” said Jamil Ghani, vice president of Amazon Prime. “And members can start enjoying exclusive Prime benefits and offers now, plus find gift ideas for the family with our holiday gift guides and this year’s Toys We Love list.”

Start Saving Now

Members don’t have to wait to take advantage of holiday gift guides, as well as Prime benefits and offers. They can also learn more by visiting amazon.com/earlyaccess. Customers can join Prime or start a free 30-day trial at amazon.com/prime to participate.

  • Explore Holiday Gift Guides: Prime members can find gifting inspiration for the holiday season with gift guides, featuring top items from the toys and home categories. The toys gift guide features the most popular toys and games of the holiday season. It also includes the Toys We Love list of more than 60 items only available at Amazon from top brands, including Hasbro, Disney, Fisher-Price, Bluey, and National Geographic. For more information, visit amazon.com/toyswelove. The home gift guide includes must-have products from brands like Amazon Basics, Christopher Knight, De’Longhi, iRobot, Shark, simplehuman, and ZINUS.
  • Try Amazon Music Unlimited: Prime members who haven’t yet tried Amazon Music Unlimited can get four months free—with 90 million songs ad-free and in HD, plus millions of podcast episodes—and non-Prime members are eligible for three months free. Or, Prime members can get an Echo Dot (3rd gen) for $0.99 with a one-month subscription of Amazon Music Unlimited. Both offers are available starting September 26 and ending October 12.
  • Get a Grubhub+ Membership, Free For a Year: Prime members in the U.S. can get even more delivered to their door with a free, one-year Grubhub+ membership trial valued at $9.99 per month—at no additional cost to their Prime membership for the first 12 months. This offer includes unlimited, $0 delivery fees on orders over $12, along with exclusive offers and rewards for Grubhub+ members, like free food and order discounts from hundreds of thousands of restaurants across the country. To activate this deal, members can visit amazon.com/grubhub.
  • Score Deals on Prime Video: Prime Video is just one of many benefits included with a Prime membership. In addition to a vast collection of movies, series, and sports included with Prime Video, from September 30 through October 7, Prime members can enjoy a selection of new and popular titles to rent or buy at up to 50% off.

Plan Ahead for Prime Early Access Sale

Amazon makes it easy to prepare for Prime Early Access Sale, setting up personalized deal notifications and creating shopping lists.

  • Set up Personalized Deal Notifications: Prime members can subscribe to receive deal alert notifications related to their recent Amazon searches and recently viewed items. All they have to do is visit the Prime Early Access Sale event page on the Amazon app between now and the event to create deal alerts. Once Prime Early Access Sale begins, members will receive push notifications on any available deals.
  • Create Deal Lists with Alexa: Busy Prime members who don’t want to miss a deal can add products to their Wish List, Cart, or Save for Later list. Alexa can notify members up to 24 hours before eligible deals go live on items they’ve added to their lists—and even offer to purchase the deal once it’s available.

Deliveries Backed by Amazon’s Operations Network

Fast, free delivery of Prime Early Access Sale orders is made possible thanks to Amazon’s global transportation network, which is powered by innovative technology, transportation services, dedicated associates, and partners. Amazon continues to build, innovate, and scale this network around the world—from rail and trucks to planes, vans, and more—while focusing on the safety, well-being, and career advancement of the people and partners who work across the Journey of an Amazon Package. From a veteran loading cargo into the belly of an Amazon Air aircraft to the driver delivering that familiar Amazon box, it’s the people and partners across the operations network who make it all possible.

More Opportunities to Join Prime

Amazon offers two discounted Prime memberships with the same unparalleled value of all benefits to make everyday selection and savings more accessible.

  • Qualifying recipients of government assistance, including SNAP EBT and Medicaid, can enjoy all of Prime for just $6.99 per month. To learn more or to sign up for a free trial, visit amazon.com/qualifynow.
  • Designed specifically for higher education students, Prime Student is just $7.49 per month or $69 per year. Members also enjoy exclusive perks for college life, like up to 10% off flights and hotels through StudentUniverse. College students who haven’t yet tried Prime Student can sign up for a six-month trial at amazon.com/joinstudent.

EveryDay Made Betterwith Prime

Prime delivers value for members through world-class customer service, exclusive savings, expansive selection, convenience, and quality digital entertainment for just $14.99 per month or $139 per year.In the U.S. that includes free, fast delivery—including on groceries and prescription medication, unlimited streaming of movies and series like The Lord of the Rings: The Rings of Power and live sports like Thursday Night Football with Prime Video, ad-free listening of 2 million songs, thousands of stations and playlists, and thousands of podcasts with Amazon Music, free games with Prime Gaming, more than 3,000 books and magazines with Prime Reading, unlimited photo storage with Amazon Photos, and incredible savings with Prime Day. Members can also enjoy a free, one-year Grubhub+ membership trial valued at $9.99 per month—at no added cost to their Prime membership. Anyone can join Prime or start a free 30-day trial at amazon.com/prime.

Shop With Confidence

Customers can shop with peace of mind knowing that we stand behind the products sold in Amazon’s stores with the A-to-z Guarantee. Amazon’s protection applies to products purchased in our stores worldwide, and in the unlikely event that customers experience issues with timely delivery or condition of their purchase, Amazon will make it right by refunding or replacing it. Amazon is committed to a trustworthy shopping experience and backs the products offered in Amazon’s Prime Early Access Sale, as well as the hundreds of millions of products offered every day in our stores. Learn more here.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: Spain United States United Kingdom Germany Italy Turkey North America France Asia Pacific China Europe Austria Canada Luxembourg Netherlands Sweden Portugal Poland Washington

INDUSTRY KEYWORDS: Home Goods Women Fashion Retail Toys Footwear Pets Men Children Hispanic Online Retail Consumer Electronic Commerce Discount/Variety Consumer Electronics Technology Delivery Services Specialty Lifestyle

MEDIA:

Logo
Logo
Photo
Photo
(Graphic: Prime Early Access Sale)
Posted on

Procore Opens First MENA Office in Dubai to Reinforce Industry Commitment

Procore Opens First MENA Office in Dubai to Reinforce Industry Commitment

  • Regional office opening strengthens Procore’s mission to connect everyone in construction on a global platform
  • The new office will act as in-region hub for construction technology experts to partner with the industry and help local customers on every stage of their journey with Procore

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced the opening of its first Middle East and North Africa (MENA) office, located in Dubai’s Internet City, following a successful launch in the region last year. This new office reflects Procore’s long-term investment and commitment to the MENA region, and signifies the company’s continued growth and global expansion.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220925005027/en/

(Photo: Business Wire)

(Photo: Business Wire)

The new workplace will be led by the company’s Senior Director, Head of MENA, Mohamed Swidan. Since 2021, Swidan has hired a team of over 20 people, all based locally, with the technical knowledge and resources to meet customers’ needs across sales, marketing, implementation, customer success and more.

This new regional base will help Procore further deliver on its mission of connecting everyone in construction on a single platform, ultimately enabling owners, general contractors and specialty contractors to build smarter across MENA. The power of Procore to accelerate collaboration, streamline communication and provide real-time visibility into project performance is vital given construction has become integral to the region’s growth as outlined in the likes of the Kingdom of Saudi Arabia’s Vision 2030 and the Dubai 2040 Urban Master Plan.

“I’m delighted we are opening our first Procore office in MENA. Since our launch last year, we’ve demonstrated our commitment to the region and its construction ambitions. The heart of the region’s initiatives are based on pillars such as inclusivity, innovation and sustainability – values we believe in wholeheartedly at Procore. We plan on playing an integral role in enabling construction professionals, businesses and the region to realize their potential. Now, with a team on the ground empowered to meet local needs with global resources, we have an even greater opportunity to do so,” says Mohamed Swidan, Senior Director, Head of MENA at Procore.

Tooey Courtemanche, Procore’s founder and CEO, adds: “At Procore, we are committed to being a partner to our customers, not just a software provider. Our new office will enable us to deliver on that partnership promise, and speaks volumes about our dedication to the region and our customers there.”

We’re always looking for talented new team members from around the globe to help us continue to improve the lives of everyone in construction. Visit Procore.com/jobs to view all of our current openings.

About Procore

Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore’s platform. Our platform connects every project stakeholder to solutions we’ve built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore’s App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in the United States, Canada, and around the globe. Learn more at Procore.com/en-ae.

PROCORE-IR

Press contact:

Elizabeth Locke

[email protected]

Investor contact:

Matt Puljiz

[email protected]

KEYWORDS: California United States United Arab Emirates North America Middle East

INDUSTRY KEYWORDS: Architecture Commercial Building & Real Estate Software Construction & Property Data Management Urban Planning Technology Residential Building & Real Estate

MEDIA:

Logo
Logo
Photo
Photo
(Photo: Business Wire)
Photo
Photo
Mohamed Swidan, Senior Director, MENA Sales at Procore (Photo: Business Wire)
Posted on

Chevron and MOECO to Collaborate on Advanced Geothermal Technology

Chevron and MOECO to Collaborate on Advanced Geothermal Technology

Agreement could help unlock Japan’s significant geothermal potential

TOKYO–(BUSINESS WIRE)–
Chevron New Energies International Pte, Ltd. (Chevron), and Mitsui Oil Exploration Co., Ltd (MOECO) today announced the signing of a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan.

Building on Chevron and MOECO’s long-standing relationship, the new collaboration will study geothermal resource potential across Japan and will evaluate the effectiveness of Advanced Closed Loop (ACL) technology for a future joint pilot project in Japan. Both companies may also assess potential collaboration for advanced geothermal technology opportunities using ACL globally.

Unlike conventional geothermal projects, which use traditional steam turbines requiring high temperatures often found in concentrated locations limited by geological characteristics, ACL can potentially enable access to geothermal resources at a wider range of temperatures and geologies through the application of alternative technology above and below the surface.

“Chevron and MOECO share a goal of delivering lower carbon energy solutions, while meeting the need for reliable, affordable energy,” said Barbara Harrison, vice president of Offsets & Emerging, Chevron New Energies. “This collaboration provides an opportunity for Chevron to combine its subsurface capabilities and technologies with MOECO’s intimate knowledge of Japan’s geothermal potential resource geology and its long history of responsible resource development. The joint team will have the opportunity to test emerging geothermal technology in a real world setting with significant scaling up potential.”

“MOECO entered the geothermal business in 2012 and has been expanding its geothermal portfolio since then. In parallel with conventional geothermal, we have been studying ACL technology for many years and we believe this collaboration with Chevron utilizing ACL technology could unlock tremendous geothermal resources in Japan,” said Hirotaka Hamamoto, CEO of MOECO. “This joint collaboration with Chevron, who has been a valued partner of MOECO for several decades in the energy industry, is intended to open a new chapter in the geothermal industry as MOECO aims to continue contributing to an environmentally sustainable world as a member of the Mitsui & Co.’s group companies.”

About Chevron

Chevron (NYSE: CVX) is one of the world’s leading integrated energy companies. We believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and growing lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

About MOECO

MOECO celebrated its milestone 50th anniversary in 2019. MOECO has been continually devoted to the exploration, development and production of energy resources globally building from the development of our gas projects in offshore Thailand. MOECO now embraces the challenge that comes with the world entering into a new era where society’s demands for energy are rapidly changing. We renew our commitment towards delivering energy resources that will strive to meet the demands of a changing society through our global expansion including the continued development of our geothermal business as one of the core group companies of Mitsui & Co.’s energy business value chain. More information about MOECO is available at www.moeco.com.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements relating to Chevron’s operations and energy transition plans that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic, market and political conditions,including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 25 of the company’s 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.

Chevron New Energies

Creighton Welch

[email protected]

MOECO

PR team, Corporate Strategy & Planning Division

https://www.moeco.com/contact/contact/index.html

KEYWORDS: United States Japan North America Asia Pacific California

INDUSTRY KEYWORDS: Other Energy Environment Oil/Gas Sustainability Alternative Energy Green Technology Energy

MEDIA:

Logo
Logo
Posted on

TD DONATES $250,000 TO SUPPORT HURRICANE FIONA RELIEF EFFORTS

Canada NewsWire

Funds will go to the Canadian Red Cross and community organizations for immediate and critical support for Atlantic Canada and Eastern Quebec 


TORONTO
, Sept. 25, 2022 /CNW/ – In response to the devastating effects of Hurricane Fiona in Atlantic Canada and Eastern Quebec, TD today announced a donation of $200,000 through the Red Cross to support people as quickly as possible and provide humanitarian assistance for new needs as they arise. TD is also donating $50,000 to support community organizations in the affected areas.

“We are taking action today to deliver funds and support relief efforts for the people of Atlantic Canada and Eastern Quebec who have been impacted by Hurricane Fiona,” said Jenn Auld, VP, Atlantic Region, TD Bank Group. “Our thoughts are with our customers, colleagues and the communities who are in these affected regions during this very difficult time.”

TD will also be accepting donations on behalf of the Red Cross for the Hurricane Fiona in Canada Emergency Appeal in its branches, EasyLine and EasyWeb from September 27 – October 17, 2022.

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the sixth largest bank in North America by assets and serves more than 27 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America’s Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; and Wholesale Banking, including TD Securities. TD also ranks among the world’s leading online financial services firms, with more than 15 million active online and mobile customers. TD had CDN$1.8 trillion in assets on July 31, 2022. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges. 

SOURCE TD Bank Group

Posted on

RBC announces $250,000 donation to support immediate Hurricane Fiona relief efforts

Canada NewsWire


TORONTO
, Sept. 25, 2022 /CNW/ – Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced a donation of $250,000 to the Red Cross Hurricane Fiona in Canada Appeal to support people across eastern Canada who have been impacted by this devastating hurricane.

In addition, the bank has launched a financial relief program to assist impacted RBC clients in the region, and has initiated an internal donation campaign enabling our employees’ ability to support the relief efforts.

Clients who have been directly impacted by the hurricane and need assistance are encouraged to call us at 1-800-769-2511.

Those wanting to help support relief efforts are encouraged to donate to the Canadian Red Cross online at www.redcross.ca, by calling 1-800-418-1111, or by donating at any RBC branch in Canada starting September 27, 2022. The Government of Canada is matching any donations Canadians and corporations make to the Red Cross Hurricane Fiona in Canada Appeal over the next 29 days.

RBC has deep roots across Eastern Canada. Founded in Halifax, Nova Scotia as Merchants’ Bank in 1864, RBC has 110 branches and approximately 3,500 employees proudly serving our clients and communities throughout the region.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 92,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

SOURCE RBC

Posted on

Duke Energy Florida urges customers to prepare for Tropical Storm Ian

PR Newswire

  • Duke Energy meteorologists continue to monitor the storm
  • Company making preparations

ST. PETERSBURG, Fla., Sept. 25, 2022 /PRNewswire/ — Duke Energy Florida is preparing for Tropical Storm Ian and is urging customers to prepare as well.

Company meteorologists are tracking the storm, which has the potential to strengthen and bring heavy rainfall, strong winds and localized flooding to portions of the company’s service area.

In advance of the storm, Duke Energy places crews and resources near areas that will likely be affected by the system, allowing for the most rapid response after a storm passes through.

“Restoring power as safely and quickly as possible, while keeping our customers informed, remains our top priority,” said Melissa Seixas, Duke Energy Florida state president. “We want customers to know that our team is ready to respond to Ian or any other storm that could pose a threat to our electric system.”  

Line technicians and workers are checking equipment, supplies and inventories to ensure adequate materials are available to make repairs and restore power outages.

After the storm passes, continued high winds, downed trees and flooding can impact work conditions, making repair work lengthy and more difficult.

As restoration begins, workers may not be visible in each impacted neighborhood, as the first priority is to repair large power lines and other infrastructure that will return power to the greatest number of customers as safely, quickly and efficiently as possible.

Strengthening the grid to reduce storm impacts

In addition to trimming trees and inspecting and replacing wires and wood poles, the company has invested in grid automation and smart technologies to reduce the duration and number of outages and restore service faster when outages occur.

Duke Energy’s smart-thinking grid automatically detects outages and intelligently reroutes power to speed restoration or avoid outages altogether. In 2021, smart, self-healing technology helped to avoid nearly 250,000 extended outages in Florida, saving customers around 17 million minutes of service interruption, nearly double the hours saved in 2019. Over the next few years, Duke Energy expects to install enough self-healing technology to serve most customers.

After a storm, Duke Energy crews must physically inspect miles of power line to ensure everyone’s power is restored, which can be time consuming. Now, Duke Energy crews can use a technology called Ping-it to remotely check that service has been restored following repairs. Ping-it sends a signal to each meter in a few seconds to confirm repairs were successful. In Florida, Duke Energy has installed nearly 2 million smart meters that enable this technology.

Safety information

The safety of our customers and communities is important. Duke Energy encourages customers to have a plan in place to respond to an extended power outage after a hurricane or other severe weather. Below are some tips:

Before the storm

  • Create (or update) an emergency supply kit to save valuable time later. The kit should include everything an individual or family would need for at least two weeks, especially medicines, water, non-perishable foods and other supplies that might be hard to find after a storm hits.
  • Keep a portable radio or TV or a NOAA weather radio on hand to monitor weather forecasts and important information from state and local officials.
  • Charge cellphones, computers and other electronic devices in advance of storms to stay connected to important safety and response information. Consider purchasing portable chargers and make sure they are fully charged as well.
  • Maintain a plan to move family members – especially those with special needs – to a safe, alternative location in case an extended power outage occurs, or evacuation is required.
  • Pet owners should arrange to stay at evacuation shelters that accept pets; friends’ or family members’ homes; or pet-friendly hotels.

After the storm

  • Stay away from power lines that have fallen or are sagging. Consider all lines energized, as well as trees, limbs or anything in contact with lines.
  • If a power line falls across a car that you are in, stay in the car. If you MUST get out of the car due to a fire or other immediate life-threatening situation, do your best to jump clear of the car and land on both feet. Be sure that no part of your body is touching the car when your feet touch the ground.

For more tips on how to prepare for storm season, and how Duke Energy can help, please visit duke-energy.com/StormTips.

For storm or power restoration updates, follow Duke Energy on Twitter (@DukeEnergy) and Facebook (Duke Energy). A checklist serves as a helpful guide, but it’s critical before, during and after a storm to follow the instructions and warnings of emergency management officials in your area.

Outage reporting

While residents of coastal areas are most at risk of being affected by hurricanes, such storms also can bring damaging high winds and rain inland. Before the storm hits, customers should contact us to make sure their contact information is up to date and their communication preferences are noted, so they receive proactive outreach on the status on a power outage they may experience.

Customers who experience an outage during a storm can report it the following ways:

  • Visit duke-energy.com on a desktop computer or mobile device.
  • Use the Duke Energy mobile app – Download the Duke Energy App from a smartphone via Apple Store or Google Play.
  • Text OUT to 57801 (standard text and data charges may apply).
  • Call the automated outage-reporting system, at: 800.228.8485.
  • Customer service specialists will be available to manage customer calls should the need arise, with more than 1,500 additional corporate responders from across all Duke Energy jurisdictions available to assist as needed.

There is also an interactive outage map where customers can find up-to-date information on power outages, including the total number of outages systemwide and estimated times of restoration.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2022 “World’s Most Admired Companies” list and Forbes’ “America’s Best Employers” list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Audrey Stasko
Cell: 315.877.3031
Media line: 800.559.3853
Twitter: @DE_AudreyS

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-florida-urges-customers-to-prepare-for-tropical-storm-ian-301632639.html

SOURCE Duke Energy

Posted on

Scotiabank Supporting Urgent Relief Efforts in Eastern Canada with Donation to the Canadian Red Cross

Canada NewsWire


TORONTO
, Sept. 25, 2022 /CNW/ – Scotiabank is donating $250,000 to the Canadian Red Cross to get urgent relief to those in Eastern Canada affected by Hurricane Fiona. Funding will also support long-term recovery and resiliency efforts in the communities most impacted.

“Hurricane Fiona has been devastating for people and communities across Eastern Canada, many of whom are our customers, employees, relatives, and friends,” said Brian Porter, President and Chief Executive Officer at Scotiabank. “Eastern Canadians are tremendously resilient, and it has been inspiring to see people come together to support one another during this difficult time. We will continue to stand shoulder-to-shoulder with people across the region as they recover from the storm and begin to rebuild.”

Scotiabank is committed to working individually with our customers during this difficult time and will be providing additional assistance, which may include deferrals on payments, fee reimbursements, and easier access to funds, among other benefits. Customers in Eastern Canada requiring advice or assistance with their banking needs are encouraged to call 1-800-4-SCOTIA.

Donations to the Canadian Red Cross’ Hurricane Fiona Appeal can be made online at www.redcross.ca, or at any Scotiabank branch in Canada starting on September 27, 2022. Money raised will enable the Red Cross to provide relief, recovery, and resiliency activities in response to this disaster.

About Scotiabank

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.3 trillion (as at July 31, 2022), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @Scotiabank.

SOURCE Scotiabank

Posted on

INVESTOR ALERT: The M&A Class Action Firm Announces Launches Merger Inquiry – SGFY, TRQ, STOR, RMED

PR Newswire


NEW YORK
, Sept. 24, 2022 /PRNewswire/ — Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the “M&A Class Action Firm”), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:

  • Signify Health, Inc.
    (SGFY), relating to its proposed acquisition by CVS Health Corp. Under the terms of the agreement, SGFY shareholders are expected to receive $30.50 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/signify-health-inc. It is free and there is no cost or obligation to you.

  • Turquoise Hill Resources Ltd.
    (TRQ), relating to its proposed acquisition by Rio Tonto Group. Under the terms of the agreement, TRQ shareholders are expected to receive C$43.00 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/turquoise-hill-resources-ltd. It is free and there is no cost or obligation to you.

  • STORE Capital Corp.
    (STOR), relating to its proposed acquisition by GIC and funds managed by Oak Street. Under the terms of the agreement, STOR shareholders are expected to receive $32.25 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/store-capital-corp. It is free and there is no cost or obligation to you.
       
  • Ra Medical Systems, Inc. (RMED)
    , relating to its proposed merger with Catheter Precision, Inc. Under the terms of the agreement, RMED shareholders are expected to own approximately 20% of the combined company. Click here for more information: https://www.monteverdelaw.com/case/ra-medical-systems-inc. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC

We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers in 2013 and 2017-2019 as a Rising Star and in 2022 as a Super Lawyer in Securities Litigation. Our firm’s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/investor-alert-the-ma-class-action-firm-announces-launches-merger-inquiry—sgfy-trq-stor-rmed-301632573.html

SOURCE Monteverde & Associates PC

Posted on

STOCKHOLDER ALERT: The M&A Class Action Firm Launches Merger Inquiry – RFP, SBTX, GBT, EVOP

PR Newswire


NEW YORK
, Sept. 24, 2022 /PRNewswire/ — Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the “M&A Class Action Firm”), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:

  • Resolute Forest Products Inc.
    (RFP), relating to its proposed acquisition by The Paper Excellence Group, via Domtar Corp. Under the terms of the agreement, RFP shareholders will receive $20.50 in cash plus one Contingent Value Right per share they own. Click here for more information: https://www.monteverdelaw.com/case/resolute-forest-products-inc. It is free and there is no cost or obligation to you.

  • Silverback Therapeutics, Inc.
    (SBTX), relating to its proposed merger with ARS Pharmaceuticals, Inc. Under the terms of the agreement, SBTX equity holders are expected to own approximately 37% of the combined company. Click here for more information: https://www.monteverdelaw.com/case/silverback-therapeutics-inc. It is free and there is no cost or obligation to you.

  • Global Blood Therapeutics, Inc.
    (GBT), relating to its proposed acquisition by Pfizer Inc. Under the terms of the agreement, GBT shareholders are expected to receive $68.50 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/global-blood-therapeutics-inc. It is free and there is no cost or obligation to you.

  • EVO Payments, Inc.
    (EVOP), relating to its proposed acquisition by Global Payments Inc. Under the terms of the merger, EVOP shareholders are expected to receive $34.00 in cash per share they own. Click here for more information:https://www.monteverdelaw.com/case/evo-payments-inc. It is free and there is no cost or obligation to you.

About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers in 2013 and 2017-2019 as a Rising Star and in 2022 as a Super Lawyer in Securities Litigation. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm’s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.

If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stockholder-alert-the-ma-class-action-firm-launches-merger-inquiry—rfp-sbtx-gbt-evop-301632568.html

SOURCE Monteverde & Associates PC