Latest news with #SHARE
Los Angeles Times
5 days ago
- Los Angeles Times
L.A. Catholic Church to deliver food, medicine to immigrants affected by ICE raids
Amid a wave of arrests and apprehensions of undocumented immigrants, the Roman Catholic Archdiocese of Los Angeles announced plans to bolster delivery of hot meals, groceries and prescription medicines to parishioners living in fear of deportation and ongoing enforcement raids. The archdiocese's donation-funded Family Assistance Program seeks to assist some of its 4 million congregants throughout its 288 parishes in Los Angeles, Ventura and Santa Barbara counties. Immigrants targeted by U.S. Immigration and Customs Enforcement raids are 'good, hard-working men and women' who are 'making important contributions to our economy,' Los Angeles Archbishop José Gomez said in a statement. 'Now they are afraid to go to work or be seen in public for fear that they will get arrested and be deported,' he said. Money donated directly to the Family Assistance Program will be funneled to parishes with vulnerable members. Donations can be made online or at a local church. Catherine Fraser, the archdiocese's chief development officer, said every dollar contributed would go directly to helping families in need. Most churches already have programs to serve elderly and home-bound congregants that were developed during the interruptions and limitations of the COVID-19 pandemic, according to Yannina Diaz, a spokesperson for the archdiocese. 'We're tapping into what already exists and what already works,' Diaz said. Diaz noted that St. Patrick's Catholic Church in South L.A. boasts a robust program that helps with food, clothing and medicine delivery for homebound individuals. That church's pastor, Monsignor Timothy Dyer, helped come up with the Family Assistance Program. At St. Agatha Catholic Church, also in South Los Angeles, volunteer Azalie Nickleberry founded the St. Agatha's Hands Are Reaching Everywhere, or SHARE, program. The ministry opened in 1980, providing hot meals on Christmas Day, and serves around 2,000 people annually. SHARE typically provides 70 to 80 bags of groceries — containing cereal, pancake mix, canned goods and pasta — to clients monthly. So far in July, that number has already shot up to 150. 'There's a real need for this service, and we're happy for the help,' Nickleberry said. About 2,800 undocumented immigrants have been arrested since ICE began conducting widespread raids in Los Angeles in early June. Those arrests have included hundreds of undocumented immigrants without any criminal record. Some U.S. citizens and immigrants with legal status have also been detained. Many members of the Greater Los Angeles Catholic community are immigrants or have family members who were born outside of the United States, leaving the archdiocese particularly exposed to the raids' impacts. About 58% of people living in the United States who were born abroad consider themselves Christian, according to findings from the Pew Research Center. Of those, 30% identified as Catholics, the largest share of any denomination. In Los Angeles, 28% of all Christians consider themselves Catholic, the highest of any denomination by 12 percentage points, according to Pew. Gomez's announcement of the assistance program comes after Bishop Alberto Rojas of the diocese of San Bernardino issued a dispensation allowing parishioners fearful of deportations to stay home rather than attend Mass. Rojas' decision followed a series of arrests on church property, though the Department of Homeland Security insisted that churches were not targeted — saying those apprehended had fled onto parish grounds. Diaz said she was unaware of any arrests made on L.A. Archdiocese property. She also said Gomez was not considering issuing a dispensation for its congregants. She said she was uncertain if parishes were offering Eucharistic Communion — vital for a Roman Catholic service — to those too afraid to leave their homes. In an open letter, Gomez wrote that he was 'deeply disturbed' by the detentions and called on the government to reform the immigration process. As for the Family Assistance Program, it's already received its share of donations. Businessman Rick Caruso, a former mayoral candidate, donated $50,000 and offered to match another $50,000 in contributions. 'We need to help these families and, working with the archdiocese, we can provide much needed relief at a time when many are struggling to get by,' Caruso said in a statement. The Catholic Assn. for Latino Leadership has donated $10,000, while Vallarta Supermarkets contributed $10,000 in gift cards. The Beverly Hills Teddy Bear Company donated an undisclosed amount, along with stuffed animals for children coping with raids, according to the archdiocese.
Hi Dubai
6 days ago
- Business
- Hi Dubai
Emirates NBD Posts 12% Surge in Income to AED 23.9 billion for H1 2025 on Strong Loan Growth and Digital Innovation
Emirates NBD has reported a 12% year-on-year increase in income, reaching AED 23.9 billion for the first half of 2025. The strong performance was powered by robust loan growth, regional expansion, and innovative product offerings across its consumer and corporate banking segments. The Group's lending increased by AED 41 billion (8%) during the period, with nearly half of the growth stemming from its expanding international footprint. Deposits rose by AED 70 billion (10%), including a record AED 48 billion surge in low-cost current and savings accounts, underscoring the bank's strength in attracting stable funding sources. Operating profit also rose by 9% despite recent interest rate cuts, supported by healthy credit conditions and strategic investments in technology and regional markets. Emirates Islamic, a subsidiary of the Group, posted a record AED 1.9 billion profit in H1 2025, reaffirming its strong position in the UAE's Islamic banking sector. Vice Chairman and Managing Director Hesham Abdulla Al Qassim credited the income surge to consumer momentum and business confidence. 'We expect double-digit loan growth for the full year. Our success in retail and Islamic banking, highlighted by the rapid uptake of our SHARE credit card, reflects our ability to innovate and meet customer needs,' he said. The Group continued to expand its presence in Saudi Arabia, achieving 27% loan growth in the Kingdom. Across the board, Emirates NBD introduced new structured credit, commodity, and investment products, and launched crypto trading via Liv X in partnership with Aquanow and Zodia Custody. Group CEO Shayne Nelson emphasised the bank's transformation into a digital-first organisation. Strategic investments in Digital and GenAI have allowed us to unlock new income streams in wealth management, private banking, and regional corporate growth. With over 750,000 WhatsApp banking users and 93% of current accounts opened digitally, we are redefining customer experience. The bank's financial robustness was further reinforced by a net impairment credit of AED 0.3 billion, reflecting a positive credit environment and improved asset quality. Emirates NBD's impairment ratio improved to 2.8%, while profit before tax stood at AED 15.4 billion. Group CFO Patrick Sullivan highlighted the Group's solid balance sheet and disciplined growth strategy. Despite a higher tax rate and reduced recoveries compared to last year, we delivered AED 12.5 billion in profit. Healthy capital generation continues to fuel growth and innovation. With USD 50 billion in Assets Under Management, top ESG ratings, and recognition as a leader in digital payments and Islamic finance, Emirates NBD has firmly positioned itself as a regional financial powerhouse with a global outlook. News Source: Dubai Media Office
Yahoo
22-07-2025
- Business
- Yahoo
Verkkokauppa.com Oyj - Managers' Transactions
Oyj - Managers' Transactions – Samuli Seppälä Oyj MANAGERS' TRANSACTIONS 22 July 2025 at 11:30 EEST Oyj has received a notification from Samuli Seppälä, Oyj's Board member, of a transaction made with Oyj's financial instrument, according to the Article 19 of EU Market Abuse Regulation. Detailed information about the transaction is given hereunder. Transaction notification under Article 19 of EU Market Abuse Regulation.____________________________________________Person subject to the notification requirementName: Samuli SeppäläPosition: Member of the Board/Deputy memberIssuer: OyjLEI: 743700QZE6B52SHHTV75Notification type: INITIAL NOTIFICATIONReference number: 116860/4/6 ____________________________________________Transaction date: 2025-07-21Venue: NASDAQ HELSINKI LTD (XHEL)Instrument type: SHAREISIN: FI4000049812Nature of transaction: DISPOSAL Transaction details(1): Volume: 100000 Unit price: 3.335 EUR (2): Volume: 95341 Unit price: 3.34 EUR (3): Volume: 160 Unit price: 3.35 EUR (4): Volume: 2200 Unit price: 3.35 EUR (5): Volume: 100 Unit price: 3.35 EUR (6): Volume: 998 Unit price: 3.35 EUR (7): Volume: 5 Unit price: 3.32 EUR (8): Volume: 2 Unit price: 3.32 EUR (9): Volume: 6 Unit price: 3.32 EUR (10): Volume: 14 Unit price: 3.32 EUR (11): Volume: 130 Unit price: 3.32 EUR (12): Volume: 260 Unit price: 3.32 EUR (13): Volume: 88 Unit price: 3.32 EUR (14): Volume: 15 Unit price: 3.32 EUR Aggregated transactions (14): Volume: 199319 Volume weighted average price: 3.33761 EUR____________________________________________Transaction date: 2025-07-21Venue: DHELInstrument type: SHAREISIN: FI4000049812Nature of transaction: DISPOSAL Transaction details(1): Volume: 181 Unit price: 3.34 EUR (2): Volume: 500 Unit price: 3.355 EUR Aggregated transactions (2): Volume: 681 Volume weighted average price: 3.35101 EUR Oyj More information:Klaus Korhonen, Head of +358 50 32 555 28 is an e-commerce pioneer that stands passionately on the customer's side. accelerates the transition of commerce to online with Finland's fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to more than 1.7 million customers, a winning assortment and probably always cheaper prices. Every day, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning. was founded in 1992 and has been online since day one. The company's revenue in 2024 was EUR 468 million and it employs around 600 people. is listed on the Nasdaq Helsinki stock while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Winnipeg Free Press
21-07-2025
- Business
- Winnipeg Free Press
‘New kind of frontier': Shareholder proposals on AI becoming increasingly widespread
When Canada's most valuable companies hosted their annual general meetings this year, there was a new topic for shareholders to vote on among the usual requests to appoint board members and OK their executive compensation. The proposal from Quebec-based investor rights group le mouvement d'éducation et de défense des actionnaires centred on artificial intelligence. It asked 14 companies, including Canada's biggest banks, retailer Dollarama Inc. and telecom giant BCE Inc., to sign a voluntary code of conduct the federal government developed to govern the technology. Experts say the proposal is likely just the start of what they expect to become an annual phenomenon targeting the country's biggest companies — and beyond. 'This is a new kind of frontier in Canada for shareholder proposals,' said Renée Loiselle, a Montreal-based partner at law firm Norton Rose Fulbright. 'Last year, this was not on the ballot. Companies were not getting shareholder proposals related to AI and this year, it absolutely is.' Loiselle and other corporate governance watchers attribute the increase in AI-related shareholder proposals to the recent rise of the technology itself. While AI has been around for decades, it's being adopted more because of big advances in the technology's capabilities and a race to innovate that emerged after the birth of OpenAI's ChatGPT chatbot in 2022. The increased use has revealed many dangers. Some AI systems have fabricated information and thus, mislead users. Others have sparked concerns about job losses, cyber warfare and even, the end of humanity. The opportunities and risks associated with AI haven't escaped shareholders, said Juana Lee, associate director of corporate engagement at the Shareholder Association for Research and Education (SHARE). 'In Canada, I think, in the last year or two, we're seeing more and more shareholders, investors being more interested in the topic of AI,' she said. 'At least for SHARE ourselves, many of our clients are making it a priority to think through what ethical AI means, but also what that means for investee companies.' That thinking manifested itself in a proposal two funds at the B.C. General Employees' Union targeted Thomson Reuters Corp. with. The proposal asked the tech firm to amend its AI framework to square with a set of business and human rights principles the United Nations has. It got 4.87 per cent support. Meanwhile, MÉDAC centred its proposals around Canada's voluntary code of conduct on AI. The code was launched by the federal government in September 2023 and so far, has 46 signatories, including BlackBerry, Cohere, IBM, Mastercard and Telus. Signatories promise to bake risk mitigation measures into AI tools, use adversarial testing to uncover vulnerabilities in such systems and keep track of any harms the technology causes. MÉDAC framed its proposals around the code because there's a lack of domestic legislation for them to otherwise recommend firms heed and big companies have already supported the model, director general Willie Gagnon said. Several companies it sent the proposal to already have AI policies but didn't want to sign the code. 'Some of them told us that the code is mainly designed for companies developing AI, but we disagree about that because we saw a bunch of companies that signed the code that are not developing any AI,' Gagnon said. Many of the banks told MÉDAC they'll soon sign the code. Only CIBC has so far. Conversations with at least five companies were fruitful enough that MÉDAC withdrew its proposals. In the nine instances where the vote went forward, the proposal didn't succeed. It garnered as much as 17.4 per cent support at TD Bank but as little as 3.68 per cent at engineering firm AtkinsRéalis Group Inc. Loiselle said you can't measure the success of a proposal based on whether it passes or not. 'The goal of these shareholder proposals is more for engagement,' she said. Sometimes, even just by filing a proposal, companies reveal more about their AI use or understand it's an important topic for shareholders and then, discuss it more with them. While proposals don't always succeed, Lee has seen shareholder engagement drive real change. SHARE recently had discussions with a large Canadian software company. AI was central to its business but didn't crop up in its proxy statement — a document companies file governing their annual general meetings. The firm also had no board oversight of the technology. SHARE was able to get the company, which Lee would not name, to amend its board charter to include oversight of AI and commit to more disclosure around its use of the technology in its annual sustainability report. 'This is a really positive development and it's leading to improvement related to further transparency,' she said. Wednesdays Columnist Jen Zoratti looks at what's next in arts, life and pop culture. If the U.S. is anything to judge by, Lee and Loiselle agree Canadian shareholders will keep pushing companies to adhere to higher AI standards. South of the border, AI-related proposals first cropped up around two years ago. They've targeted Apple, The Walt Disney Co. and even Netflix, where a vote on disclosing AI use and adhering to ethical guidelines amassed 43.3 per cent support. The frequency and spectrum of AI-related requests shareholders have has only grown since and is likely to be mirrored in Canada, Loiselle said. 'The landscape for shareholder proposals is changing and I think that change is here to stay,' she said. This report by The Canadian Press was first published July 21, 2025.
Hamilton Spectator
21-07-2025
- Business
- Hamilton Spectator
‘New kind of frontier': Shareholder proposals on AI becoming increasingly widespread
When Canada's most valuable companies hosted their annual general meetings this year, there was a new topic for shareholders to vote on among the usual requests to appoint board members and OK their executive compensation. The proposal from Quebec-based investor rights group le mouvement d'éducation et de défense des actionnaires centred on artificial intelligence. It asked 14 companies, including Canada's biggest banks, retailer Dollarama Inc. and telecom giant BCE Inc., to sign a voluntary code of conduct the federal government developed to govern the technology. Experts say the proposal is likely just the start of what they expect to become an annual phenomenon targeting the country's biggest companies — and beyond. 'This is a new kind of frontier in Canada for shareholder proposals,' said Renée Loiselle, a Montreal-based partner at law firm Norton Rose Fulbright. 'Last year, this was not on the ballot. Companies were not getting shareholder proposals related to AI and this year, it absolutely is.' Loiselle and other corporate governance watchers attribute the increase in AI-related shareholder proposals to the recent rise of the technology itself. While AI has been around for decades, it's being adopted more because of big advances in the technology's capabilities and a race to innovate that emerged after the birth of OpenAI's ChatGPT chatbot in 2022. The increased use has revealed many dangers. Some AI systems have fabricated information and thus, mislead users. Others have sparked concerns about job losses, cyber warfare and even, the end of humanity. The opportunities and risks associated with AI haven't escaped shareholders, said Juana Lee, associate director of corporate engagement at the Shareholder Association for Research and Education (SHARE). 'In Canada, I think, in the last year or two, we're seeing more and more shareholders, investors being more interested in the topic of AI,' she said. 'At least for SHARE ourselves, many of our clients are making it a priority to think through what ethical AI means, but also what that means for investee companies.' That thinking manifested itself in a proposal two funds at the B.C. General Employees' Union targeted Thomson Reuters Corp. with. The proposal asked the tech firm to amend its AI framework to square with a set of business and human rights principles the United Nations has. It got 4.87 per cent support. Meanwhile, MÉDAC centred its proposals around Canada's voluntary code of conduct on AI. The code was launched by the federal government in September 2023 and so far, has 46 signatories, including BlackBerry, Cohere, IBM, Mastercard and Telus. Signatories promise to bake risk mitigation measures into AI tools, use adversarial testing to uncover vulnerabilities in such systems and keep track of any harms the technology causes. MÉDAC framed its proposals around the code because there's a lack of domestic legislation for them to otherwise recommend firms heed and big companies have already supported the model, director general Willie Gagnon said. Several companies it sent the proposal to already have AI policies but didn't want to sign the code. 'Some of them told us that the code is mainly designed for companies developing AI, but we disagree about that because we saw a bunch of companies that signed the code that are not developing any AI,' Gagnon said. Many of the banks told MÉDAC they'll soon sign the code. Only CIBC has so far. Conversations with at least five companies were fruitful enough that MÉDAC withdrew its proposals. In the nine instances where the vote went forward, the proposal didn't succeed. It garnered as much as 17.4 per cent support at TD Bank but as little as 3.68 per cent at engineering firm AtkinsRéalis Group Inc. Loiselle said you can't measure the success of a proposal based on whether it passes or not. 'The goal of these shareholder proposals is more for engagement,' she said. Sometimes, even just by filing a proposal, companies reveal more about their AI use or understand it's an important topic for shareholders and then, discuss it more with them. While proposals don't always succeed, Lee has seen shareholder engagement drive real change. SHARE recently had discussions with a large Canadian software company. AI was central to its business but didn't crop up in its proxy statement — a document companies file governing their annual general meetings. The firm also had no board oversight of the technology. SHARE was able to get the company, which Lee would not name, to amend its board charter to include oversight of AI and commit to more disclosure around its use of the technology in its annual sustainability report. 'This is a really positive development and it's leading to improvement related to further transparency,' she said. If the U.S. is anything to judge by, Lee and Loiselle agree Canadian shareholders will keep pushing companies to adhere to higher AI standards. South of the border, AI-related proposals first cropped up around two years ago. They've targeted Apple, The Walt Disney Co. and even Netflix, where a vote on disclosing AI use and adhering to ethical guidelines amassed 43.3 per cent support. The frequency and spectrum of AI-related requests shareholders have has only grown since and is likely to be mirrored in Canada, Loiselle said. 'The landscape for shareholder proposals is changing and I think that change is here to stay,' she said. This report by The Canadian Press was first published July 21, 2025.
