News Archives - Page 285 of 466 - Riverdale Standard

NewsHerman Copeland

Paris 2024 Olympics: Coe warns of high ticket prices for athletics events

The president of World Athletics, Sebastian Coe, has expressed his concern over the high ticket prices for the athletics events at the Paris 2024 Olympics. He said that the prices could deter fans from attending the events and affect the atmosphere of the Games. Coe’s statement Coe made his statement after the Paris 2024 organising committee announced that the tickets for the athletics events would range from €30 to €990,…

Russian and Belarusian athletes as neutrals affects the Paris Olympics

The International Olympic Committee (IOC) has announced that some Russian and Belarusian athletes who have qualified for the Paris 2024 Olympics will be able to compete as neutrals, provided they meet certain eligibility requirements. This decision comes after the two countries were banned from most international competitions following Russia’s invasion of Ukraine in February 2022, with the support of Belarus. However, not everyone is happy with the IOC’s move, as…

Seb Coe backs KJT for SPOTY and slams Paris Olympics ticket prices

KJT’s remarkable comeback Seb Coe, the president of World Athletics and a two-time Olympic champion, has endorsed Katarina Johnson-Thompson for the BBC Sports Personality of the Year award. Coe praised KJT’s remarkable comeback from a serious injury in 2019 to win the world heptathlon title in Budapest in 2023. He said that KJT’s performance was “one of the most inspiring stories of the year” and that she deserved to be…

RBI to launch cloud facility for financial sector data

The Reserve Bank of India (RBI) has announced its plan to establish a cloud facility for the financial sector in India. The facility will be designed to enhance the security, integrity, privacy, scalability, and business continuity of financial sector data. The facility will be initially operated by a subsidiary of RBI, and later transferred to a separate entity owned by the financial sector participants. RBI’s cloud facility to serve as…

South African tech startups get a boost from Irish Tech Challenge

The Irish Tech Challenge South Africa is a programme that aims to support local tech entrepreneurs who are working on solutions that align with the United Nations’ Sustainable Development Goals (SDGs). The programme is a collaboration between the Embassy of Ireland in South Africa, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA), and Impact Amplifier. What is the Irish Tech Challenge South Africa? The Irish Tech…

UK and Germany face economic slowdown amid rising interest rates and energy crisis

The UK and Germany, two of Europe’s largest economies, are showing signs of weakness as they grapple with the impact of high interest rates, energy shortages, and the ongoing pandemic. Both countries reported negative or flat growth in the third quarter of 2023, raising concerns about the outlook for the rest of the year and beyond. UK economy stalls as interest rates bite The UK economy failed to grow between…

Banks offer relief to communities affected by cyclone and floods in Far North Queensland

Disaster assistance available for nine local government areas The Australian and Queensland governments have announced disaster assistance for nine local government areas in remote Far North Queensland impacted by flooding brought on by a Tropical Low in late January. The councils of Aurukun, Cook, Lockhart River, Mapoon, Napranum, Northern Peninsula Area, Pormpuraaw, Torres Shire and Torres Strait Island Regional Council are eligible for financial assistance under the jointly funded Commonwealth-State…

Big 5 banks face mounting losses from overseas real estate projects

South Korea’s five major banks are struggling to cope with the fallout from their risky investments in foreign real estate projects, amid a global economic slowdown and rising interest rates. Banks’ exposure to real estate project financing Real estate project financing (PF) is a type of loan that is secured by the future cash flow of a property development project, such as an office building, a hotel, or a theme…

HDFC Bank to fund green hydrogen projects in India

HDFC Bank, one of the leading private sector banks in India, has announced that it will work with the government to provide funding for green hydrogen projects in the country. Green hydrogen is a clean and renewable form of energy that can be used for various purposes such as transportation, power generation, and industrial applications. What is green hydrogen and why is it important? Green hydrogen is hydrogen that is…

FutureBank and Paymentology Partner to Offer Open Banking and Embedded Finance Solutions

FutureBank, a platform that provides open banking and embedded finance solutions, has announced a strategic partnership with Paymentology, a global payment processor. The partnership aims to enhance the digital banking experience for customers and enable them to access a range of financial services through FutureBank’s platform. What is FutureBank? FutureBank is a platform that enables banks, fintechs, and other financial institutions to offer open banking and embedded finance solutions to…