PETRA

DMG Blockchain Solutions Announces Collaboration with PayPal to Decarbonize the Bitcoin Blockchain

Retrieved on: 
Wednesday, April 24, 2024

VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX), a vertically integrated blockchain and data center technology company, has announced a strategic collaboration with PayPal (NASDAQ: PYPL) ( www.paypal.com ) and Energy Web (EWT) ( www.energyweb.org ) to explore ways to decarbonize the Bitcoin blockchain.

Key Points: 
  • VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX), a vertically integrated blockchain and data center technology company, has announced a strategic collaboration with PayPal (NASDAQ: PYPL) ( www.paypal.com ) and Energy Web (EWT) ( www.energyweb.org ) to explore ways to decarbonize the Bitcoin blockchain.
  • DMG, Energy Web, and PayPal are working together to publish a research paper, which we collectively believe will benefit users of the Bitcoin network who would like to take advantage of carbon neutral options in their transactions.
  • DMG, with its focus on a carbon neutral bitcoin mining pool and technology to move bitcoin between users without adding carbon to their transactions, brings its unique technology stack and experience in Bitcoin Core software engineering.
  • Read about the collaboration among DMG, Energy Web, PayPal: Sustainable Innovation .

Cultivate Brands Acquires Premier Executive and Leadership Coaching Firm Petra Coach

Retrieved on: 
Wednesday, April 24, 2024

Cultivate Brands, the award-winning business and financial back-office advising powerhouse comprised of Cultivate Advisors and Breakwater Accounting , announced the acquisition of Petra Coach , the premier executive and leadership team coaching firm.

Key Points: 
  • Cultivate Brands, the award-winning business and financial back-office advising powerhouse comprised of Cultivate Advisors and Breakwater Accounting , announced the acquisition of Petra Coach , the premier executive and leadership team coaching firm.
  • Petra Coach, founded by entrepreneur and author Andy Bailey in 2011, helps leaders and their teams build vital habits and strategies for success.
  • On average, businesses working with Petra Coach see a 33% increase in revenue and a 19% increase in profit.
  • “We’re excited to be partnering with Petra Coach and can’t wait to bring our combined talent, expertise, and value to our clients,” said Casey Clark , Co-Founder and CEO of Cultivate Brands.

Mocking, Biting Satire About Trump and an AI Sex Bot Publishes; Hilarity Ensues

Retrieved on: 
Tuesday, April 9, 2024

Charleston, SC, April 09, 2024 (GLOBE NEWSWIRE) -- The world needs more humor at the expense of those in power.

Key Points: 
  • Charleston, SC, April 09, 2024 (GLOBE NEWSWIRE) -- The world needs more humor at the expense of those in power.
  • When emotionless sex robot Petra rivals “Donny Trump” at his own game of lies, deception, murder, and power, you know it’s going to be a laugh-out-loud read.
  • So strap in (or on), turn off the news, and turn yourself on to a sentient AI sex bot, a spoiled heir, and the lust they share that spells the downfall of humanity.
  • Trump’s Hot Bot is available for purchase online at Amazon.com and Barnes and Noble.com .

monday.com Appoints Petra Jenner to its Board of Directors

Retrieved on: 
Monday, March 18, 2024

Jenner has over 25 years of wide international experience in the digital space.

Key Points: 
  • Jenner has over 25 years of wide international experience in the digital space.
  • In her current role as Splunk’s Senior Vice President and General Manager for Europe, Middle East, and Africa (EMEA), Jenner oversees the company’s go-to-market strategy and growth in the region.
  • At Salesforce, Jenner was responsible for the transformation of the company’s business in Europe, which became one of the fastest-growing regions during her tenure.
  • “We are pleased to welcome an accomplished technology veteran of Petra’s caliber to monday.com’s Board of Directors,” said Roy Mann and Eran Zinman, co-CEOs of monday.com.

Traver Connect Proudly Supports Petra Cares Fundraiser for Youth Aging Out of Foster Care

Retrieved on: 
Monday, March 25, 2024

RICHARDSON, Texas, March 25, 2024 /PRNewswire/ -- Traver Connect, a complete suite of solutions that Reimagine BDC™, today announced their unwavering dedication and support of the Petra Cares Program with CEO John Traver selected as Keynote Speaker for the Gala.

Key Points: 
  • RICHARDSON, Texas, March 25, 2024 /PRNewswire/ -- Traver Connect, a complete suite of solutions that Reimagine BDC™, today announced their unwavering dedication and support of the Petra Cares Program with CEO John Traver selected as Keynote Speaker for the Gala.
  • Petra Cares is the non-profit arm of Petra Automotive Products, whose mission supports at-risk youth aging out of foster care by providing these young adults technical training and job placement upon graduation.
  • "It was an absolute honor to speak at the Petra Cares Gala this year," says Traver.
  • For more information on Petra Cares please visit www.petra-cares.org and for information on Traver Connect, please visit www.traverconnect.com .

Petra Automotive Launches Petra Advantage, Increasing Sales and Service Retention with Reward Campaigns

Retrieved on: 
Thursday, March 14, 2024

CYPRESS, Texas, March 14, 2024 /PRNewswire/ -- Petra Automotive Products, the fastest growing premium automotive products manufacturer in the world, launched their Petra Advantage Rewards Program this week to increase retention in Sales and Service for dealerships nationwide.

Key Points: 
  • CYPRESS, Texas, March 14, 2024 /PRNewswire/ -- Petra Automotive Products, the fastest growing premium automotive products manufacturer in the world, launched their Petra Advantage Rewards Program this week to increase retention in Sales and Service for dealerships nationwide.
  • Using Petra Advantage Rewards, dealerships can take advantage of a fully white-labeled experience to create a strong "Why Buy Here" message for customers.
  • "We introduced the Petra Advantage Rewards Program because it's a natural extension of our award-winning suite of successful chemical products.
  • For more information on Petra Automotive and its award-winning vehicle performance products, please visit www.petraautoproducts.com .

DMG Blockchain Solutions Reiterates Leadership in Bitcoin Blockchain Services

Retrieved on: 
Friday, March 1, 2024

VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, reiterates its technology leadership position for non-standard Bitcoin transactions, having been the first to perform the ordinal inscription of a large digital art collection with 535 DeGods ordinals on February 13, 2023 in Bitcoin block 776508 , which was mined by Terra Pool, DMG’s carbon neutral pool.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, reiterates its technology leadership position for non-standard Bitcoin transactions, having been the first to perform the ordinal inscription of a large digital art collection with 535 DeGods ordinals on February 13, 2023 in Bitcoin block 776508 , which was mined by Terra Pool, DMG’s carbon neutral pool.
  • Because it is the only publicly traded Bitcoin mining company that operates its own mining pool, Marathon is also the only known publicly traded Bitcoin miner currently capable of offering such services.” DMG, which is also a publicly traded Bitcoin mining company, has been offering similar services for over a year, as it has its own pool, Terra Pool, which is powered by carbon neutral energy.
  • DMG publicly announced on February 15, 2023 that it had utilized its Petra technology for performing several transactions.
  • Subsequently, on March 2, 2023, DMG announced it was leading the Bitcoin industry having utilized its Petra technology to be among the first to place carbon neutral large ordinal transactions (i.e.

What drives banks’ credit standards? An analysis based on a large bank-firm panel

Retrieved on: 
Wednesday, February 7, 2024

An analysis based on a large

Key Points: 
    • An analysis based on a large
      bank-firm panel

      No 2902

      Disclaimer: This paper should not be reported as representing the views of the European Central Bank
      (ECB).

    • We find
      that weaker capitalised banks adjust their credit standards more than healthier banks, especially for
      firms with a higher default risk.
    • Here we find t hat w eaker b anks r espond m ore f orcefully by
      tightening their credit standards more than better capitalised banks.
    • On the contrary, weaker banks
      may be more prone to adopt looser credit standards, with the aim of increasing their revenues.
    • To answer these questions, we analyse the determinants of banks? credit standards, i.e., their internal
      guidelines or loan approval criteria applied when deciding on granting credit.
    • 2 Altavilla

      ECB Working Paper Series No 2902

      2

      area banks tighten their credit standards more when linked to riskier firms, measured via firms? leverage
      and default risk.

    • We assess how euro area banks adjusted their credit standards in response to
      the negative COVID-19 pandemic shock, after accounting for government support measures.
    • When deciding on their credit standards, banks assess risks
      based on both their own loss absorption capacity and the credit risk of their borrowers.
    • On the contrary,
      weaker banks may be more prone to adopt looser credit standards, with the aim of increasing their
      revenues.
    • We provide evidence that
      euro area banks tighten their credit standards more when linked to riskier firms, measured via firms?
      leverage and default risk based on the Altman Z-score.
    • In
      addition, they focus on a different research question and use data from the IBLS only as a control.
    • ECB Working Paper Series No 2902

      5

      capital position implies less tightening of lending criteria, possibly reflecting the fact that banks can
      afford to adjust their credit standards more moderately.

    • Based on our results, this implies a stronger deterioration of their lending conditions compared
      with less vulnerable firms.
    • We assess how euro area banks adjusted their credit standards in response to
      the negative COVID-19 pandemic shock, after accounting for government support measures.
    • This is in line with the role of government support
      measures such as loan guarantees mitigating banks? exposure to firms? credit risks as they shield banks
      from firms? increased credit risks.
    • 2

      Related literature

      Our paper is closely related to studies analysing credit supply based on BLS indicators and the impact
      of monetary policy shocks on bank lending conditions in the euro area.

    • Hempell and Kok (2010) disentangle
      pure loan supply based on the BLS factors and investigate the role played by such factors for loan growth.
    • Several other studies link confidential individual BLS data with actual bank-level data, but not firm
      data, allowing an analysis of bank characteristics relevant for bank lending conditions.
    • They find that a short-term interest rate shock decreases both loan supply
      and demand, but more for less healthy banks.
    • Their findings are consistent with the results of our paper on the favourable impact of bank health on lending standards.
    • Both papers tend to find no evidence of higher risk taking of banks as a result
      of accommodative monetary policy.
    • More recent studies are based on
      confidential bank and firm-level data from national credit registers.
    • (2012) who focus on the bank-firm-relationship in Spain, based on credit register data.
    • Ferrero, Nobili, and Sene (2019) arrive at a corresponding conclusion on the risk-taking
      channel based on a confidential loan-level dataset of Italian banks.
    • In another paper, Altavilla, Boucinha, and Bouscasse (2022)
      disentangle credit demand and supply based on euro area credit register data (AnaCredit) for the period
      of the pandemic.
    • Our results emphasise the
      mitigating impact of government guarantees on a tightening of credit standards during the pandemic.
    • This mitigating impact played a major role in loan demand and not credit supply being decisive for lending volumes during the pandemic.
    • Based on their model, accommodative monetary policy is part of the optimal policy mix, combined with social insurance.
    • To keep the wealth of information
      available in the BLS, we run our analysis at the quarterly frequency of the survey.
    • of employees

      101.4

      2456.9

      2.0

      4.0

      12.0

      37.0

      116.0

      14944589

      Panel (a): Banks
      Credit standards

      Loan loss provisions
      Panel (b): Firms

      Notes: Descriptive statistics for the bank-firm sample included in the regression analysis.

    • Specifically, a one
      standard deviation increase in the CET1 ratio leads to 0.2 standard deviations lower credit standards,
      i.e., easier credit standards.
    • In their lending decisions, banks assess risks based on both their own
      loss absorption capacity and the credit risk of their borrowers.
    • ?Credit supply and monetary policy: Identifying the bank balance-sheet channel with loan applications.? American Economic
      Review 102 (5):2301?2326.
    • ?Hazardous times for monetary policy: What do twenty-three million bank loans say
      about the effects of monetary policy on credit risk-taking?? Econometrica 82 (2):463?505.
    • ?The credit cycle and the business cycle: new findings using
      the loan officer opinion survey.? Journal of Money, Credit and Banking 38 (6):1575?1597.
    • guarantees: proxy from BLS, bank level

      0

      .1

      .2

      .3

      .4

      Government guarantees exposure

      -.5

      -.25

      0

      .25

      .5

      Government guarantees exposure

      Notes: Based on results from columns (3) and (6) of Table 4.

TCS World Travel Debuts New "Deep Sleep" Private Jet Trip

Retrieved on: 
Monday, December 11, 2023

SEATTLE, Dec. 11, 2023 /PRNewswire-PRWeb/ -- TCS World Travel, the world's leading operator of private jet expeditions, today unveiled a new private jet itinerary offering the ultimate sleep-quality getaway. As the New Year approaches, many experts agree that one of the best things you can do for overall wellness it to improve the quality and quantity of your sleep. A key recommendation for improved sleep is to make sure your sleeping area is both dark and silent. This all-encompassing 25-day customizable trip takes guests to remote destinations around the world, where they can get away from the overstimulation of everyday life and retreat to landscapes where silence and darkness are the norm, not the exception. Guests can follow their circadian rhythms in dark sky destinations with little to no outside light pollution and designated quiet ecosystems around the globe, visiting nine secluded locations to hone the habits that lead to improved sleep.

Key Points: 
  • SEATTLE, Dec. 11, 2023 /PRNewswire-PRWeb/ -- TCS World Travel , the world's leading operator of private jet expeditions, today unveiled a new private jet itinerary offering the ultimate sleep-quality getaway.
  • This can often impact our mental health, natural rhythms and overall wellbeing," said Shelley Cline, President of TCS World Travel.
  • TCS' new Deep Sleep journey transports guests by private jet to isolated havens around the world, from tropical paradises and Arctic lakes, to a remote desert and a private island, with immersive experiences, unforgettable sights and luxurious accommodations in each destination.
  • For more information please call TCS Private Custom Travel at 206-995-8655, email at [email protected] or visit TCSWorldTravel.com

Comprend launches integrated offering for tech-enabled marketing and communication

Retrieved on: 
Tuesday, November 28, 2023

The new agency will establish a new industry category, offering unrivalled expertise in tech-enabled marketing and communication, creating long-term trust and sustainable growth for their clients.

Key Points: 
  • The new agency will establish a new industry category, offering unrivalled expertise in tech-enabled marketing and communication, creating long-term trust and sustainable growth for their clients.
  • The new Comprend is now embarking on an ambitious mission to drive transformative impact for clients by bridging the gap between marketing and communication.
  • Comprend will be best placed to partner with clients with complex needs by enabling them to engage with a wider team of specialists and more integrated offerings.
  • Our strong track record of collaboration makes me confident that we will bridge the gap between marketing and communication and truly increase the effect of our services using smart technology.