Finance
Daiwa Securities takes lead in finance sector over ChatGPT use
Japanese brokerage Daiwa Securities Co. has taken the lead amongst main monetary establishments within the nation in adopting synthetic intelligence chatbot ChatGPT to assist its workers work extra effectively.
Daiwa Securities started utilizing ChatGPT, which it has described as having “immense potential,” from Wednesday, with an eye fixed to streamlining day-to-day duties together with info gathering in English.
The agency additionally stated it hopes to see a discount in prices and time for making ready outsourcing duties corresponding to creating paperwork, leaving workers extra time for assignments corresponding to crafting enterprise plans.
File photograph taken on April 1, 2023, reveals a ChatGPT display screen (entrance) and the OpenAI brand. (Kyodo)
“We prioritized utilizing superior expertise to streamline work effectivity and enhance the time to work together with clients,” stated Susumu Yamamura, a spokesman for Daiwa Securities.
Among the many main Japanese banks, Mitsubishi UFJ Monetary Group Inc. plans to put in ChatGPT this summer season. Sumitomo Mitsui Monetary Group Inc. has stated it has began trial use of the expertise, whereas Mizuho Monetary Group Inc. has begun contemplating using such companies.
In distinction, monetary establishments in the USA and Europe are cautious about utilizing ChatGPT on account of privateness considerations.
Main U.S. banks, corresponding to JPMorgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc., have reportedly allowed restricted utilization of ChatGPT by their workers. In late March, the Italian authorities banned ChatGPT within the nation.
To deal with such fears, Daiwa Securities stated it makes use of Microsoft Corp.’s expertise to forestall info leaks to outsiders by making a closed and safe atmosphere.
Finance
City of Lawton announces new Finance Director
LAWTON, Okla. (KSWO) – The City of Lawton has announced Rebecca Johnson as the city’s new Finance Director.
According to a press release from the city, Johnson’s experience includes service as a utility supervisor for the City of Norman, auditor for the Public Utility Division of the Oklahoma Corporation Commission, and most recently the Finance Director for the City of Duncan.
Johnson will begin her new role on June 3.
You can read the full press release here:
Copyright 2024 KSWO. All rights reserved.
Finance
Air Liquide successfully issues a €500 million green bond to finance energy transition
Published by Poppy Clements,
Editorial Assistant
Hydrocarbon Engineering,
Air Liquide has successfully issued a new €500 million green bond, in line with its ambition to combine growth and sustainable development. The group intends to use the proceeds from the issuance to finance or refinance flagship energy transition and sustainable projects, in particular in low-carbon hydrogen, carbon capture and low-carbon air gases. This new issuance confirms Air Liquide as a regular ESG issuer, after its inaugural 2021 green bond issue.
This transaction, significantly oversubscribed by investors, was executed under the Group’s Euro Medium Term Note (EMTN) programme. With this issuance, Air Liquide is raising €500 million with a 10-year maturity at a yield of 3.466%.
Proceeds from this issuance will allow Air Liquide to finance or refinance flagship energy transition and sustainable projects and to support the Group’s long term growth at very competitive financial conditions.
Jérôme Pelletan, Group Chief Financial Officer, commented: “The success of this second green bond issuance illustrates the investors’ confidence in Air Liquide’s ability to implement technologies and pioneer projects that contribute to the decarbonisation of our activities as well as help our customers lower their carbon footprint. This is in line with our strategic plan ADVANCE, which inseparably links financial and extra-financial performances. The technologies Air Liquide masters notably in the fields of low-carbon hydrogen, carbon capture and low-carbon air gases actively and concretely contribute to a transition to a low-carbon society.”
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/24052024/air-liquide-successfully-issues-a-500-million-green-bond-to-finance-energy-transition/
You might also like
MAIRE has announced that a consortium composed by its subsidiary, Tecnimont (Integrated E&C Solutions), and Baker Hughes has been awarded an EPC contract by SONATRACH for the implementation of three gas boosting stations.
Finance
Vedanta, Tata Consumer Products, QGO Finance shares to trade ex-dividend today
Dividend stocks: Shares of Vedanta Limited, Tata Consumer Products Ltd, QGO Finance Ltd, Bharat Dynamics, and Som Distilleries & Breweries Ltd will be in focus when the stock market opens on May 24 (Friday).
The boards of Directors of these companies have declared interim dividends, final dividends, and stock splits for their eligible shareholders.
These companies have fixed May 24 as the record date to ascertain the eligibility of shareholders for their respective issues.
ALSO READ: Multibagger: HBL Power Systems stock soared 1254% in 3 years, jumped over 5360% in a decade
Dividend
Vedanta: The company has declared an interim dividend of ₹11.00 per equity share.
In a stock exchange filing, Vedanta said the Board of Directors declared “First Interim Dividend of ₹ 11/- per equity share on the face value of ₹ 1/- per equity share for the Financial Year 2024-25 amounting to c. ₹ 4,089 Crores.”
Tata Consumer Products: The company has declared a final dividend of ₹7.75 per equity share.
In a stock exchange filing, Tata Consumer Products said: “The Board had recommended a dividend of ₹7.75 per equity share of ₹1 each (775%) subject to approval by the shareholders of the Company at the 61st AGM.”
ALSO READ: IT Sector Q4 Review: Axis recommends buying Persistent, KPIT after March quarter results
QGO Finance: The company has declared an interim dividend of ₹0.15 per equity share.
In a stock exchange filing, QGO Finance said the Board of Directors declared “Interim Dividend at Rs. 0.0015 (1.5 %) per Equity Share (Subject to Deduction of TDS) on the face value of the paid-up equity shares of Rupees 10/- each for the quarter Jan 24 to March 24.”
“Further, it is hereby informed that Thursday, May 24, 2024, shall be reckoned as the ‘Record Date’ to ascertain the eligibility of shareholders for payment of Interim Dividend for the FY 2023-24,” the filing added.
Shares of Vedanta, Tata Consumer Products, and QGO Finance will trade ex-dividend on Thursday.
Stock Split
Bharat Dynamics: The company has declared a stock split from ₹10 per equity share to ₹5 each.
In a stock exchange filing, Bharat Dynamics said: “We wish to inform you that, the Company has fixed Friday 24 May 2024 as the Record Date for the purpose of determining the eligibility of shareholders for sub-division/ split of existing 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up.”
Som Distilleries & Breweries: The company has declared a stock split from ₹5 per equity share to ₹2 each.
In a stock exchange filing, Som Distilleries & Breweries said the Board of Directors approved “the sub-division of each of the Equity Shares of the Company having a face value of Rs. 5/—each sub-divided into a face value of Rs. 2/—each.”
You are on Mint! India’s #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!
Download The Mint News App to get Daily Market Updates.
More
Less
Published: 24 May 2024, 06:30 AM IST
-
Politics1 week ago
Vulnerable Dem incumbents move to the center in key swing states as Biden panders to far-left base
-
World1 week ago
‘Monstrous crime’: World reacts to attack on Slovakia’s prime minister
-
News1 week ago
Small but mighty Nimble becomes first mixed-breed dog to win Westminster agility title
-
News1 week ago
How a migrant aid group got caught up in a right-wing social media thread : Consider This from NPR
-
Politics1 week ago
Southern border migrant encounters decrease slightly but gotaways still surge under Biden
-
Politics1 week ago
Dem newcomer aims for history with primary win over wealthy controversial congressman
-
World1 week ago
Slovakia PM Robert Fico in ‘very serious’ condition after being shot
-
World1 week ago
Canadian Nobel-winning author Alice Munro dies aged 92