City of London

Tampa Electric Company Wins 2023 Itron Innovator Award for Advancing Public Safety and Load Management Solutions

Retrieved on: 
Thursday, October 26, 2023

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that Tampa Electric Company (TECO), one of Florida’s largest investor-owned electric utilities, is the winner of the 2023 Itron Innovator Award, which recognizes an Itron customer that leverages Itron’s partner enablement program.

Key Points: 
  • Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that Tampa Electric Company (TECO), one of Florida’s largest investor-owned electric utilities, is the winner of the 2023 Itron Innovator Award, which recognizes an Itron customer that leverages Itron’s partner enablement program.
  • The utility was recognized for deploying more than one technology partner solution and received the award at Itron Inspire 2023, Itron’s premier customer-focused conference.
  • The Itron Innovator Award acknowledges TECO’s Smart Cities and Load Management programs and recognizes the utility for the improvements that benefit Tampa Electric customers.
  • Additionally, the solution has been successfully integrated with Itron technology and utilizes Itron’s networks, software solutions or distributed intelligence capabilities.

London is a major reason for the UK's inequality problem. Unfortunately, City leaders don't want to talk about it

Retrieved on: 
Tuesday, September 5, 2023

In 2022, the richest fifth of the UK population had an income more than 12 times that of the poorest fifth.

Key Points: 
  • In 2022, the richest fifth of the UK population had an income more than 12 times that of the poorest fifth.
  • Many of these firms are located in the City, which the Corporation states “drives the UK economy, generating over £85bn in economic output annually”.
  • An alternative perspective is that these contributions should be balanced against what the City takes out of the wider UK economy.
  • In 2022, the Institute for Fiscal Studies warned that the biggest boom in City bonuses since the 2008 financial crisis would further increase this inequality gap.

The City’s diversity smokescreen

    • This is a complex picture, but few disagree that developing a more equitable UK economy and society requires significant structural change.
    • Politically, this has been recognised from most sides amid often heated debates about the new levelling-up bill.
    • Read more:
      Class and the City of London: my decade of research shows why elitism is endemic and top firms don't really care

Changing the national conversation

    • I believe they are well placed to help change the national conversation, by asking more of their leaders on this front.
    • Within many corporate organisations, the issue of inequality is positioned as part of corporate sustainability agendas, or the currently more fashionable “environmental, social and governance”.
    • The momentum to help drive these and many other changes requires a majority of the population on board.
    • We need its leaders to play a central role in our national debate about how to address this problem.

UK Investment Minister 'Very Optimistic' about Free Trade Agreement with India, Wants Businesses to Rally Behind It

Retrieved on: 
Wednesday, June 28, 2023

LONDON, June 28, 2023 /PRNewswire/ -- Speaking at the 'UK-India Infrastructure Summit' hosted by City of London in association with India Global Forum, UK Investment Minister Lord Dominic Johnson, underscored the importance of the Free Trade deal for both UK and India, while steering clear of committing to a timeframe. Johnson said, "I'm very optimistic because I think it is very important to do a trade deal for both sides… and it's really important for business to express their support for such a deal because it's about allowing businesses to function more effectively with greater profits, wealth and security for the world."

Key Points: 
  • The summit highlighted the immense scope and potential for investment in sustainable infrastructure development in India, and London's expertise in meeting India's growing demand for green finance.
  • "UK particularly the City of London has excellent capabilities in structuring and funnelling finance where it is needed.
  • "We have up to 4bn pounds of capacity to use in India," said Caroline Healy, Deputy Director – International Relations, UK Export Finance.
  • "My key message is that UK Export Finance wants to do more business in India, we've got capacity and we've got the product suite."

Champion REIT Announces 2021 Interim Results

Retrieved on: 
Tuesday, August 10, 2021

HONG KONG, Aug 10, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust (Stock Code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2021.

Key Points: 
  • HONG KONG, Aug 10, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust (Stock Code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2021.
  • The operating environment of the Trust continued to be impacted by the COVID-19 pandemic in the first half of 2021.
  • ft. (based on lettable area) as at 30 June 2021.
  • About Champion REIT (Stock Code: 2778)
    Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties.

Boston Properties Marks Groundbreaking of 180 CityPoint

Retrieved on: 
Thursday, July 29, 2021

On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts.

Key Points: 
  • On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, celebrated the groundbreaking of 180 CityPoint, a 329,000 square foot life sciences building currently under construction at 180 Third Avenue in Waltham, Massachusetts.
  • 180 CityPoint is located within the CityPoint district in Waltham, a highly desirable location for leading and emerging companies in the life sciences and biotechnology sector.
  • The construction of 180 CityPoint builds on BXPs 4.9 million square feet of lab and Class A office properties in the Waltham/Lexington region of Massachusetts.
  • Boston Properties will own and operate 180 CityPoint.

Vanguard Announces Cash Distributions for the Vanguard ETFs

Retrieved on: 
Friday, July 23, 2021

Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.

Key Points: 
  • Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.
  • Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.
  • London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX").
  • "FTSE", "Russell", "MTS", "FTSE TMX" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence.

Fitch and Expert RA Affirm HMS Group Ratings and Stable Outlook

Retrieved on: 
Monday, July 19, 2021

(the "Company", and together with its subsidiaries, the "HMS Group")

Key Points: 
  • (the "Company", and together with its subsidiaries, the "HMS Group")
    The Fitch rating reflects HMS' "leading market position, strong customer base, albeit less diversified than peers', moderate profitability and comfortable liquidity position."
  • Expert RA makes a point that unlike oil service companies HMS' activity doesn't carry excess force majeure risk that refers to manufacturing, and the Group forecasts its costs more precisely.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).

Vanguard Announces Cash Distributions for the Vanguard ETFs

Retrieved on: 
Wednesday, June 23, 2021

Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.

Key Points: 
  • Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.
  • Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.
  • London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX").
  • "FTSE", "Russell", "MTS", "FTSE TMX" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence.

Vanguard Announces Cash Distributions for the Vanguard ETFs (VUN, VUS and VXC)

Retrieved on: 
Thursday, June 17, 2021

Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.

Key Points: 
  • Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.
  • Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.
  • London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX").
  • "FTSE", "Russell", "MTS", "FTSE TMX" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence.

Vanguard Announces Cash Distributions for the Vanguard ETFs (VGG, VGH, VDU, VEF and VEE)

Retrieved on: 
Monday, June 14, 2021

Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.

Key Points: 
  • Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing.
  • Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.
  • London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX").
  • "FTSE", "Russell", "MTS", "FTSE TMX" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence.