GlobeNewswire by notified

FII PRIORITY Rio de Janeiro Summit Concludes with Key Discussions on Global Economic Growth and Sustainability

Share

RIO DE JANEIRO, June 25, 2024 (GLOBE NEWSWIRE) -- The third and final day of the FII PRIORITY Rio de Janeiro Summit concluded with pivotal discussions on global economic growth and sustainability. Organised by the FII Institute, the summit attracted nearly 1,500 global leaders, innovators, and entrepreneurs who participated in over 65 sessions. Delegates attended solution-focused conclaves, and observed FII Institute’s first Innovators Pitch, setting the stage for the final series at FII Institute’s 8th flagship Future Investment Initiative (FII) in October.

The day began with a fireside chat with His Excellency Geraldo Alckmin, Vice President of Brazil, who addressed foreign direct investment and the global energy transition. He remarked, “Brazil received the second-highest foreign investment in the world during 2023, trailing only the United States. Our recent tax reforms are expected to enhance this further,” he told the audience, setting a collaborative and forward-looking tone for the day.

Another highlight was the session titled ‘Message to the G20’, featuring a thought-provoking discussion with five former Latin American leaders, moderated by FII Institute CEO Richard Attias. H.E. Felipe Calderon, Former President of Mexico; H.E. Laura Chinchilla, Former President of Costa Rica; H.E. Alberto Fernández, Former President of Argentina; H.E. Jorge Quiroga, Former President of Bolivia; and H.E. Juan Manuel Santos, Former President of Colombia and Nobel Peace Prize Recipient, encouraged attendees to be the change they want to see in the world, emphasising the importance of collective effort in combating climate change and upholding the rule of law for a prosperous future for all.

Marcelo Claure of Claure Group and SHEIN emphasised the importance of equitable access to AI, noting, “AI is the great equaliser. We can bridge the divide between emerging and developed markets in education and healthcare.” Commenting on the future of AI and its integration within various industries, Claure added “with the internet, the cost of information went down to zero and disrupted the advertising business. Then, ecommerce disrupted the retail space. My vision of AI is that it will disrupt all, other untouched industries.”

In a session titled ‘Rulebreakers: What Global Megatrends Are Influencing the World’s Top Investors?’, Claure was joined by Sir Martin Sorrell of S4 Capital, who discussed the need for adaptation to technological advances, stating, “Henry Ford created the five-day working week. COVID-19 accelerated the shift to remote working. Now, technologies like AI and the Metaverse will push this evolution further.”

In keeping with Rio de Janeiro’s entrepreneurial spirit, the summit saw FII Institute’s first-ever Innovators Pitch Competition. Nine startups presented solutions to pressing global issues in AI & Robotics, Education, Healthcare, and Sustainability. Hera Health Solution emerged as the main winner, a startup focusing on an AI-enabled drug delivery platform, with Aravita securing the People’s Choice award. The startup offers an optimised fresh food ordering service with AI, reducing waste and stockouts to boost grocer profits.

Throughout the summit, FII Institute convened industry experts to address critical global issues in its conclave series, covering topics such as AI, ocean regeneration, energy transition, and ESG. Industry leaders advocated for a collaborative approach to sustainability, the deployment of AI in emerging markets, and ESG's focus on climate resilience. Emphasis was placed on inclusive policies, targeted investment, and mentorship to empower entrepreneurs in developing regions.

With the closing of FII PRIORITY Rio de Janeiro Summit, FII Institute will now shift its focus to the forthcoming 8th FII in October, where the momentum generated in Rio will continue to drive impactful discussions and initiatives. The conference is slated for 29 to 31 October 2024, under the theme ‘Infinite Horizons’.

E-mail: media@fii-institute.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa4962dc-9bf3-47d8-987d-0ab8074d1f1b

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

HiddenA line styled icon from Orion Icon Library.Eye