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  • US Federal Reserve Discussion - Chair Jerome H. Powell. Conversation with Nick Timiraos.

    May 17, 2022. NEW YORK. At the Wall Street Journal Future of Everything Festival, New York The Federal Reserve’s Plan for Taming Inflation With inflation at a 40-year high, the Federal Reserve is pursuing a double-barreled response by reducing its asset portfolio and increasing interest rates. But how quickly will these steps bring inflation under control and what are the knock-on effects for the broader economy? Jerome Powell, chairman of the Federal Reserve, joins us for a wide-ranging conversation on the future of the economy. Link to event: https://foefestival.wsj.com/event/the-future-of-everything-festival/#/agenda Welcome to your blog post. Use this space to connect with your readers and potential customers in a way that’s current and interesting. Think of it as an ongoing conversation where you can share updates about business, trends, news, and more. “Do you have a design in mind for your blog? Whether you prefer a trendy postcard look or you’re going for a more editorial style blog - there’s a stunning layout for everyone.” You’ll be posting loads of engaging content, so be sure to keep your blog organized with Categories that also allow visitors to explore more of what interests them. Create Relevant Content Writing a blog is a great way to position yourself as an authority in your field and captivate your readers’ attention. Do you want to improve your site’s SEO ranking? Consider topics that focus on relevant keywords and relate back to your website or business. You can also add hashtags (#vacation #dream #summer) throughout your posts to reach more people, and help visitors search for relevant content. Blogging gives your site a voice, so let your business’ personality shine through. Choose a great image to feature in your post or add a video for extra engagement. Are you ready to get started? Simply create a new post now.

  • 10th Annual Vertical Cities

    June 27-29, 2022. SINGAPORE. Reimagining High Rises to be Self-sufficient and Nurturing Communities in the Sky Reimagining the role of central business districts in adapting to the people shifting attitude towards cities in the next normal, designing use-neutral tall buildings, with a focus on reducing redundancies and re-appropriating existing buildings, creating novel hybrid environments, incorporating green and social democratic spaces, and integrating sustainable modes of transport is key. Vertical Cities provides a one stop platform to gain a holistic understanding of skyscraper development today. Witness leading architects and sustainability experts participate to engage and discuss the strategies and challenges to counter in creating livable urban communities. “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change.” Darwin Speakers Include Marshall Strabala Founder & Design Partner Strabala + Architecture, China & USA Dr Andy Bow Senior Partner, Deputy Head of Studio Foster + Partners, UK David Wallance Founder DRA/W, New York, USA Benjamin Piper Associate Partner, Design Principal Killa Design, UAE Wolf D. Prix Co-founder, Design Principal and CEO COOP HIMMELB(L)AU Michael W. Bischoff Partner Pei Cobb Freed & Partners, New York, USA Astrid Piber Partner UNStudio, Amsterdam, The Netherlands Ahmad Abdelrazaq Senior Executive Vice President Samsung C&T Corporation, Seoul, South Korea Key Sessions Strabala + Architecture, China & USA Social Cohesion and Community within Vertical Cities by Integrating Collaborative Communal Spaces in the Sky Foster + Partners, UK Sustainable Future City Planning Büro Ole Scheeren Transformative Architecture and Verticality DRA/W, New York, USA Making High Rise Affordable by Leveraging Prefab Modular Construction Pei Cobb Freed & Partners, New York, USA Beyond the Point Tower: Creating a Livable City at Height Samsung C&T Corporation, Seoul, South Korea Pushing the Boundaries of Concrete Technology for Ultra High Rise Developments

  • Samsung Austin Semiconductor receives awards for water treatment programs

    April 25, 2022. AUSTIN. Samsung Austin Semiconductor's commitment to environmental stewardship is being recognized with three awards related to its water treatment programs. On World Water Day (March 22), Evoqua Water Technologies named Samsung Austin Semiconductor the winner of its annual Water Sustainability Award. The award recognizes companies for their water stewardship, including companies using new or existing technologies in innovative, sustainable ways. The award specifically acknowledges Samsung Austin Semiconductor's copper ion exchange process that removes and recovers copper from wastewater prior to discharge in an environmentally-friendly and sustainable manner. Samsung's system also eliminates 1.5 million pounds of sludge from being sent to the landfill annually and conserves more than 1.5 million gallons of water per year. In April, the Texas Commission on Environmental Quality also awarded Samsung Austin Semiconductor with the 2022 Governor's Texas Environmental Excellence Award for its copper ion exchange process in the Technical/Technology category. The Texas Environmental Excellence Awards is an annual awards program that recognizes achievements in environmental preservation and protection. Excellence in Pretreatment For the 10th year in a row, Samsung Austin Semiconductor is being recognized by the City of Austin for Excellence in Pretreatment, an award which honors distinguished Significant Industrial Users who exhibit environmental stewardship by proactively preventing pollution and expertly managing wastewater discharge. "Thank you for continuing to meet all the various regulatory requirements set forth in Austin City Code and for taking innovative approaches to ensure clean water for future generations. Samsung Austin Semiconductor's efforts truly make a positive difference in the Austin community," wrote Austin Water's Environmental-Conservation Division Manager Jay Porter. "Samsung Austin Semiconductor has made numerous strides to address our environmental commitment," said Dr. Sang Sup Jeong, President of Samsung Austin Semiconductor. "It is an honor to receive these awards and we'll continue our efforts to be a leader and steward of our environment in all of our operations and business." To celebrate World Water Day, Samsung Austin Semiconductor invited the Colorado River Alliance's Mobile River exhibit to its campus so employees have the opportunity to learn more about the watershed and how everyone can play a role in protecting and preserving the area's water resources.

  • Tata Passenger Electric Mobility proudly showcases its new vision, a concept built on its Pure EV Ar

    April 29, 2022. MUMBAI, India. Taking a giant stride towards the next generation of electric vehicles, Tata Passenger Electric Mobility (TPEM), today made a smashing debut with the global unveil of the AVINYA Concept – an expression of the Company’s vision of a pure electric vehicle, based on its GEN 3 architecture. Tata Passenger Electric Mobility (TPEM), today made a smashing debut with the global unveil of the AVINYA concept - an expression of the company's vision on Pure Electric Vehicle based on GEN 3 architecture. Derived from the Sanskrit language, the name AVINYA stands for ‘Innovation’. The AVINYA Concept introduces a new a typology of mobility that liberates enormous roominess and comfort, not restricted by traditional segmentation. It comes packed with new age technology, software and Artificial Intelligence that work in the background to deliver wellness and tranquillity during transit. Providing an extremely premium yet simple and calming customer experience, this concept will be fairly accessible to a majority of customers of fast growing, high volume segments of today. With this, TPEM is all set to unleash a new breed of EVs that will redefine the automobile space. This path breaking EV will be introduced to the market by 2025. Speaking at this landmark occasion, Mr. N Chandrasekaran, Chairman, Tata Sons and Tata Motors said,“While making the AVINYA Concept a reality, the central idea was to offer a mobility solution like no other – a state of the art software on wheels that is well designed, sustainable and reduces the planet’s carbon footprint. Green Mobility is at the nucleus of TPEM, and the AVINYA Concept is the perfect reflection of what the company stands for – a creation that will not only accelerate the adoption of EVs but also lead this movement. Furthermore, at the Tata group, we are uniquely positioned to bring all the expertise that is necessary to build these mobility solutions and we are confident that in years to come we will make a larger and sustainable impact not only in India but globally as well.” Adding to this, Mr. Shailesh Chandra,Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd. said, “It is indeed a matter of pride for us at TPEM to present the AVINYA Concept to the world, a vision pivotal in signalling a ‘New Paradigm’. Holding on to its values of Simplicity, Timelessness, Effortlessness and Grace, the AVINYA is not only a concept but is our new identity, an identity which is here to challenge the status quo. It gives me an intense sense of optimism to present a new typology of vehicles that will introduce the automobile industry to options beyond mobility – a tranquil space which will offer you a complete sensory experience while on the move. At its heart, the AVINYA Concept has ‘IN’, which demonstrates our Indian roots and highlights how we pride ourselves in discovering new ways to move and power vehicles. The AVINYA Concept is the fruition of our first idea built on our Pure EV GEN 3 architecture, enabling us to produce a range of globally competitive EVs. Our vision for pure EVs is focused on delivering wellness and rejuvenation while traveling, backed by cutting-edge technologies, aimed at improving the overall quality of life.” A TIMELESS DESIGN: Originally inspired by a catamaran, the AVINYA Concept is an uncompromising vision for electric mobility. With a new silhouette, this concept is a mixology of the best of the worlds – it a product which combines the essence of a premium hatch to the luxuries and versatility of an SUV and the roominess and functionality of an MPV – all put together to create something new and beautiful. A significant highlight on the front and the rear of the vehicle is the new identity. This new identity as a part of the DRL is a subtle nod to our commitment to enhance the quality of life and is a pivotal step in the evolution of EVs. It is also the manifesto and emphasises the Horizon and the Infinite possibilities that the Gen 3 electrification will offer. Gliding to the sides, one is met by the ‘Butterfly’ doors, which welcome you with open arms to a class leading spacious interior which is sure to make its inmates feel calm. The AVINYA Concept focuses on a human centric design and promises a sensory journey of its own. From the skydome that enhances the overall sense of space and natural light to the functional console inspired steering wheel, to the voice activated systems for a deeper interface for all its passengers, to the sustainable materials being used, that communicate the ethos of the product and finally the finishing touch of the aroma diffuser – that envelopes you in an ambience that is serene and soothing. Furthermore, envisaging a future trend, this concept is designed to believe that lesser screen time is the way to go. Taking this into consideration the AVINYA Concept has been made screen-less, to bar any distractions inside the car and create a stress free environment for the mind and soul. A PURE EV AT ITS CORE: The AVINYA Concept stands for empathetic mobility, a machine that is engineered to be smart, spacious, sustainable yet techy. The agile and robust Pure EV GEN 3 Architecture offers this concept with a flexible design while boasting of next generation connectivity, advanced driver assistance systems and enhanced performance and efficiency. Pioneered out of India for the world, this global platform offers high structural safety and has the next level of water proofing and dust protection, making it ready for all forms of terrains. This architecture is built with the use of next-gen materials, efficient electronic componentry and proprietary energy management strategies & algorithms for efficiency management. Use of light-weight materials, and optimized structure for an EV only powertrain with enabled appropriate stiffness, helps minimize the overall mass, leading to good weight management. Furthermore, the battery used will support an ultra-fast charge capability, in line with the infrastructure evolution, pumping a minimum 500 kms range in under 30 minutes. The overall philosophy for enhanced range would be ‘Minimize- Maximize – Optimize’. Drawing inspiration from human sensory cues whilst promising a stress-free experience with every drive, the AVINYA stands by the concept of minimalism and is a leap forward in the right direction, making it the absolute regiment of sustainable movement. To know more about this impressive Concept, kindly refer to the detailed concept note. About Tata Passenger Electric Mobility Media Contact Information: Tata Motors Corporate Communications: +91 22-66657613 / indiacorpcomm@tatamotors.com

  • Rolls-Royce takes step towards net zero ambition with mtu gensets approved for sustainable fuels

    May 11, 2022. FRIEDRICHSHAFE, Germany. Rolls-Royce has taken a significant step towards meeting its net zero goals. Power Systems business approves mtu diesel engines for operation with sustainable fuels Full performance in power generation operation without the need for modification Up to 90% CO2 savings possible with hydrotreated vegetable oil Rolls-Royce has taken a significant step towards meeting its net zero goals, set out last year, with the approval by Power Systems of its Series 4000 and Series 1600 diesel engines for use with a range of EN15940-certified synthetic diesel fuels in power generation applications. Following successful testing, including in the field, both types of engines can use a range of sustainable fuels including Biomass to Liquid (BtL), Hydrotreated Vegetable Oil (HVO) and Power to Liquid (PtL) fuels such as e-diesel. They can all be used to replace conventional diesel fuel. "“There is already a lot of interest in HVO in particular from many customers in the energy industry and data center business, who want to improve their carbon footprint," Tobias Ostermaier “There is already a lot of interest in HVO in particular from many customers in the energy industry and data center business, who want to improve their carbon footprint,” explained Tobias Ostermaier, president of the Stationary Power Solutions business unit at Rolls-Royce Power Systems. “The results from pilot customers show a significant reduction in greenhouse gases, nitrogen oxide and particulate emissions by using HVO instead of fossil diesel in their gensets.” Last year Rolls-Royce pledged to prove its most popular in-production engines, including the Series 4000, can be used with sustainable fuels by 2023. The advantages of HVO are clean combustion with a reduction in particulate emissions of up to 80 percent, nitrogen oxide emissions by an average of eight percent and CO2 emissions by up to 90 percent compared to fossil diesel. Because HVO is produced from renewable raw materials, its production, transport, and combustion generate only about as many greenhouse gases as were absorbed by the plants during the growth of the biomass. HVO use significantly reduces CO2, nitrogen oxide and particulate emissions Waste vegetable and animal fats, and used cooking oils, can be used as base materials for HVO. They are converted into hydrocarbons by means of a catalytic reaction with the addition of hydrogen. Through this process, the fats and vegetable oils can supplement diesel as an admixture or replace it completely. The advantages of HVO are cleaner combustion with a reduction in particulate emissions of up to 80%, nitrogen oxide emissions by an average of 8% and – provided the manufacturing process and logistics make use of renewable energy – CO2 emissions by up to 90% compared to traditional diesel. Because HVO fuel is produced from renewable raw materials, its production, transport, and combustion generate only about as many greenhouse gases as were absorbed by the plants during the growth of the biomass. Convincing performance without engine and system modifications The tests confirmed that mtu engines using HVO perform equally as well as engines using diesel in terms of maximum power, load acceptance and fuel consumption. HVO is a drop-in fuel, which means that there are no adaptions needed to the diesel plant infrastructure, hardware or software in order for it to be used. In addition, the storage stability of this synthetic fuel is significantly better than that of biodiesel, making it even more attractive to operators of emergency power systems. Target: 35% greenhouse gas savings by 2030 with new fuels and mtu technologies As part of its sustainability program, Rolls-Royce announced last year that it would realign the Power Systems product portfolio so that by 2030, new fuels and mtu technologies can save 35% greenhouse gas emissions, compared to 2019 levels. The company is already successfully operating an mtu fuel cell system has established a clear roadmap for the introduction of hydrogen engines and is now progressively releasing further engines that can run on sustainable fuels in more applications. For detailed testing results for mtu Series 4000 using HVO, please see our white paper: HVO Fuel proven to be effective for Diesel Generator Sets (mtu-solutions.com) Learn more about our sustainable solutions on our website: Sustainable power that matters (mtu-solutions.com) Press photos are available for download from https://www.mtu-solutions.com/eu/en/news-and-media/media-center.html

  • HKEX President and COO Calvin Tai to Retire

    May 06, 2022 HONG KONG. Hong Kong Exchanges and Clearing Limited (HKEX) today (Friday) announced that Calvin Tai, President and Chief Operating Officer, will retire at the end of May after a long and distinguished career at HKEX Group. Hong Kong Exchanges and Clearing Limited (HKEX) today (Friday) announced that Calvin Tai, President and Chief Operating Officer, will retire at the end of May after a long and distinguished career at HKEX Group. Mr Tai will also retire as Chief Executive of The Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Futures Exchange Limited (HKFE). His retirement takes effect on 31 May 2022. HKEX Chief Executive Officer, Nicolas Aguzin, said: “Calvin has been a highly valued member of the HKEX leadership team over many years. He has played a key role throughout his tenure in leading a vast range of initiatives that support the continuous enhancement of our markets and infrastructure, ensuring our long-term sustainability and resiliency. We would like to extend our sincere and deep gratitude for his dedication and passion in the development of HKEX and Hong Kong’s markets over the last two and half decades. On behalf of all our colleagues, I would like to thank Calvin for his many contributions and wish him a very happy retirement.” Mr Tai joined the HKFE in July 1998 and has held a number of senior roles within the HKEX Group, including Interim Chief Executive, Head of Clearing, Co-Head of Equities and FIC Business, and Head of Trading Division. HKEX is pleased to name John Buckley, Head of Exchange Operations and Transformation, and Wilfred Yiu, Co-Head of Markets, as Co-Chief Operating Officers following Mr Tai’s retirement. Mr Yiu will also succeed Mr Tai as Chief Executive of SEHK and HKFE. The new appointments will take effect on 1 June 2022. “On behalf of all our colleagues, I would like to thank Calvin for his many contributions and wish him a very happy retirement.” Nicolas Aguzin “I’m delighted to announce the appointments of Wilfred and John as Co-COOs of HKEX. They are both extremely capable and seasoned executives, with deep knowledge of our markets, our infrastructure and products. I look forward to working closely with them and the entire management team, as we drive forward with our vision to build the Marketplace of the Future,” said Mr Aguzin. In their new roles, Mr Buckley will continue to have oversight of the HKEX exchange operations and transformation functions, whilst Mr Yiu will also continue in his role as Co-Head of Markets. Mr Buckley joined HKEX in December 2021 from Citadel, where he was Chief Operating Officer, Asia, for three years. Previously, Mr Buckley held various senior roles at a number of international financial institutions. Mr Yiu joined HKEX in April 2019 as Head of Markets, where he had responsibility for the Group’s equity and derivatives markets business and operations. Mr Yiu previously had a long career with Goldman Sachs, and was Deputy CEO and Chief Operating Officer at Beijing Gao Hua Securities. Please refer to the following regulatory announcement for biographies of Mr Buckley and Mr Yiu. About HKEX Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets. HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets. HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited. This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange (QME), in China, in 2018. HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

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