Connect with us

Technology

FII Convenes Dialogues on Global Growth and Sustainable Innovation

Published

on

RIYADH, Saudi Arabia, Oct. 31, 2024 /PRNewswire/ — On the second day of the 8th Future Investment Initiative (FII) in Riyadh, leaders from around the world gathered to discuss the transformative potential of emerging technologies and investment strategies in redefining the future.  A Special Address was delivered by H.E. Minh Chính Phạm, Prime Minister, Socialist Republic of Vietnam.

Richard Attias, CEO of the FII Institute, summarised the day’s ambitions, stating, “At FII8, we are witnessing a new era where innovation and capital converge not just to shape industries but to create a sustainable and inclusive future for all. Today’s discussions highlighted the journey toward a world of boundless possibilities and infinite opportunities.”

Standout moments from Day Two of FII8

Board of Changemakers on Technology & Innovation: Leaders from industries including Marcelo Claure, Founder & CEO, Claure Group; Group Vice Chairman, SHEIN;  Alex Clavel, Co-CEO, SoftBank Vision Funds; Hani Enaya, CIO, Sanabil Investments; Antonio J. Gracias, Founder, CEO & CIO, Valor Equity Partners; Vineet Mittal, Chairman, Avaada Group; Dan Schulman, Vice Chairman & Managing Partner, Valor Capital Group; Robert Smith, Founder, Chairman & CEO, Vista Equity Partners; and Julie Sweet, Chair & CEO, Accenture explored how AI could create up to $10.3 trillion in economic value by 2038. This session urged companies to develop AI responsibly to ensure equitable benefits across society.Ocean Central Announcement: Her Royal Highness Ambassador Reema Bandar Al-Saud, the Ambassador of the Kingdom of Saudi Arabia to the United States of America, announced the launch of Ocean Central, a digital platform developed by Wave and powered by FII Institute which collates data, and provides a clear and evolving view of ocean health, an urgently needed resource in efforts to regenerate our oceans.
HRH Ambassador Reema Bandar Al-Saud founded Wave as an initiative to champion ocean regeneration within a human generation, an ambitious but achievable aspiration, utilizing science-backed methodologies.
Wave has developed Ocean Central as a collaborative digital platform to unify once-disparate scientific ocean data by fostering collaboration, empowering decision-makers, and tracking collective progress toward ocean regeneration. Ocean Central combines accessibly displayed data with data-driven stories, relevant video content, news, and other ocean regeneration content to broaden users’ perspectives, shine light on the challenges ahead, celebrate successes, and foster a deeper appreciation for our planet’s ocean and our work to save it. To learn more, visit www.oceancentral.org AI and Geopolitics of Technology with Dr. Eric Schmidt, Former CEO & Chairman, Google, KBE: Dr. Eric Schmidt delivered a discussion on the geopolitical impact of AI, exploring how advancements in cybersecurity and digital infrastructure are reshaping international relations. His address emphasized the importance of cooperation in data governance and digital trade to navigate a world of increasing technological competition.The Global Future of Work Compass
The FII Institute unveiled its latest research, the Global Future of Work Compass, based on responses from over 1,300 people and 200 companies in the MENA region. The report indicates that 50% of respondents find advanced technology disruptive, and 46% believe youth tech training is insufficient, underscoring the need for proactive education reform and upskilling. Read the Full Report Here.Support for the Symphony of Hope Gala
The FII Institute contributed $100,000 to the Symphony of Hope Gala, advocating for individuals affected by celiac disease globally. This support aligns with the FII Institute’s commitment to inclusive health initiatives and creating awareness for pressing health concerns.’Clash of the Titans’ Debates
In a lively debate session titled “Clash of the Titans,” thought leaders exchanged views on three critical issues: the future of currency, the role of AI in truth, and the influence of technology companies in global power. This dynamic format allowed for fresh insights into these epoch-defining challenges. The Rise of Global Megaregions
Speakers from leading global institutions explored the concept of megaregions—large, interconnected economic zones—as new centers of opportunity. They discussed the role of capital in supporting these economic hubs through innovative solutions and infrastructure investments.Future of Resources: Achieving Clean Industries
Panellists debated the feasibility of clean industries amid rising demand for critical minerals in renewable technologies. Leaders from SABIC, Sigma Lithium, Vale, Ivanhoe Mines and Ma’aden addressed the challenge of responsibly managing resources to support sustainable growth.Building A Future-Ready Workforce
The potential for AI to redefine the future of work was a central theme, with discussions on adapting education and training to meet evolving demands. Industry experts highlighted how AI could contribute $13 trillion to the global economy by 2030, transforming job roles and creating new growth opportunities.
With a commitment to “Investing Today, Shaping Tomorrow,” the FII Conference continues to pave the way for meaningful investments that drive progress, innovation, and sustainability worldwide. With over 45 sessions held on topics such as green technology and digital transformation in emerging markets, FII8 serves as a platform for exploring innovative solutions to global challenges. The insights shared here are critical to shaping future investment landscapes, empowering leaders, and fostering impactful partnerships.Announcements: Today, FII8 witnessed the announcement of 11 new financial announcements all investing in impactful solutions for humanity. Alongside these announcements, 6 strategic partnerships were established, underscoring a commitment to driving positive change across diverse sectors including technology, quality of life, innovation, and sustainability. 

About FII Institute

The Future Investment Initiative (FII) Institute is a global non-profit foundation focused on creating positive impacts on humanity. Through its investment arm, FII Institute transforms ideas into solutions across four areas: Artificial Intelligence & Robotics, Education, Healthcare, and Sustainability.

Photo: https://mma.prnewswire.com/media/2545503/FII_DAY_TWO.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/fii-convenes-dialogues-on-global-growth-and-sustainable-innovation-302292530.html

Continue Reading

Technology

LAZARD GLOBAL TOTAL RETURN AND INCOME FUND DECLARES MONTHLY DISTRIBUTION AND ISSUES ESTIMATED SOURCES OF THE DISTRIBUTION ANNOUNCED IN SEPTEMBER

Published

on

By

NEW YORK, Oct. 22, 2026 /PRNewswire/ — Lazard Global Total Return and Income Fund, Inc. (the “Fund”) (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund’s outstanding common stock. The distribution is payable on November 24, 2026, to shareholders of record on November 10, 2026. The ex-dividend date is November 10, 2026.

The Fund will pay a previously declared distribution today, October 22, 2026. The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid, including today’s distribution, from the following sources: net investment income, net realized capital gains (short-term and long-term), and return of capital. All amounts are expressed per share of common stock and are based on accounting principles generally accepted in the US, which may differ from federal income tax regulations.

Current Distribution

% of the Current Distribution

Total Cumulative Distributions for the Fiscal Year to Date

% of the Total Cumulative Distributions for the Fiscal Year to Date

Net Income

$0.02003

13 %

$0.20541

13 %

Net Realized Short-Term Capital Gains

$0.00000

0 %

$0.00000

0 %

Net Realized Long-Term Capital Gains

$0.13337

87 %

$0.80950

53 %

Return of Capital

$0.00000

0 %

$0.51909

34 %

Total

$0.15340

100 %

$1.53400

100 %

Average annual total return (in relation to NAV) for the 5-year period ending on September 30, 2026

6.36 %

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2026

10.22 %

Cumulative total return (in relation to NAV) for the fiscal year through September 30, 2026

5.81 %

Cumulative fiscal year distributions as a percentage of NAV as of September 30, 2026

7.66 %

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.

The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of your distribution may be return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”.

The amounts and sources of distributions reported above are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund provides financial intermediary firms the information necessary to produce the Form 1099-DIV, and then the relevant financial intermediary firm will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. If you have any questions, or need additional information, please call us at 1-800-823-6300.

Portfolio data as of September 30, 2026, including performance, asset allocation, top 10 holdings, sector weightings, regional exposure, and other Fund characteristics have been posted on Lazard Asset Management’s (“LAM”) website, www.LazardAssetManagement.com.

The Fund’s investment objective is total return, consisting of capital appreciation and current income. The Fund’s net assets are invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including American Depository Receipts, generally of companies with market capitalizations greater than $2 billion, and may include investments in emerging markets. The Fund also invests in emerging market currencies (primarily by entry into forward currency contracts), or instruments whose value is derived from the performance of an underlying emerging market currency, and also may invest in debt obligations, including government, government agency and corporate obligations and structured notes denominated in emerging market currencies.

An indirect subsidiary of Lazard, Inc. (NYSE: LAZ), LAM, the Fund’s investment manager, offers a range of equity, fixed-income, and alternative investment products worldwide. As of September 30, 2026, LAM and affiliated asset management companies in the Lazard Group managed $284.0 billion worth of client assets. For more information about LAM, please go to www.LazardAssetManagement.com.

Media contact:

Investor contact:

Aziz Nayani, +1 212 632 6042

Ben Wulfsohn, +1 800 823 6300

aziz.nayani@lazard.com

ben.wulfsohn@lazard.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/lazard-global-total-return-and-income-fund-declares-monthly-distribution-and-issues-estimated-sources-of-the-distribution-announced-in-september-302917400.html

SOURCE Lazard Global Total Return and Income Fund, Inc.

Continue Reading

Technology

Norton LifeLock Benefit Solutions Introduces Norton Money Workplace

Published

on

By

New offering combines financial visibility and protection with personalized guidance, planning and earned-wage access for life’s most important financial moments

TEMPE, Ariz., Oct. 22, 2026 /PRNewswire/ — Norton LifeLock Benefit Solutions, the employee benefits division of Gen (NASDAQ: GEN), has announced the launch of Norton Money Workplace, a new financial wellness benefit employers can offer employees to help them better understand, protect and grow their financial lives through one connected experience.

As employees navigate an increasingly complex financial landscape — from managing everyday expenses and debt to planning for retirement, education, and major life events — they’re also facing growing exposure to scams, fraud and identity threats. At the same time, employers are looking for benefits that deliver meaningful everyday value while helping reduce the financial stress that impacts employee wellbeing. Norton Money Workplace is designed to meet both needs by bringing together financial visibility, protection, personalized guidance, and planning into one experience. It helps employees manage debt, plan for education expenses, prepare for retirement, and navigate major financial decisions at every stage of life.

“Most financial wellness benefits solve one problem or serve one moment in an employee’s life. We saw an opportunity to do something different,” said Tim Hong, Global Head of Financial Wellness Technology at Gen. “Employees need support that’s just as relevant when they’re building financial habits as when they’re buying a home, navigating student loans or preparing for retirement. Our goal is to give employers a benefit that grows with their workforce and helps employees feel more confident navigating whatever life brings. That’s the future we’re building toward.”

Norton Money Workplace delivers that support for employees through four core capabilities. Together, they help employees understand where they stand financially, identify the steps they can take next, and build greater financial confidence over time:

Financial Visibility: Securely connect accounts to understand spending, cash flow, net worth, and credit in one place so employees have a clearer picture of their overall financial position.Financial Protection: Helps catch potential issues earlier and guides employees to take action before they become a larger issue.Guidance & Education: Employees receive personalized financial insights and expert-created education so they can better understand their options and determine appropriate next steps.Planning & Action – Employees can build personalized financial and retirement plans, navigate education costs and student debt, connect with Certified Financial Professional coaching, and receive actionable direction for important financial decisions.

Gen has spent decades helping people stay safer in an increasingly connected world through Cyber Safety, online privacy and identity protection. Today, its solutions also support people’s financial lives, from understanding spending and credit to planning for major decisions. Norton Money Workplace builds on that foundation, bringing Cyber Safety, identity protection and financial wellness together in a single benefit. Rather than employers and their payroll partners stitching together separate point solutions, they get one connected experience, and employees get support that protects their finances, identity and safety online, all in one place. 

“Employees are managing more of their financial lives online than ever before, and they need benefits that reflect that reality,” said Casey Cullinan, Head of Norton LifeLock Benefit Solutions at Gen. “By bringing together trusted cyber protection with proven financial technology, we’re helping employers deliver support that’s more relevant, more useful and built for the way people live today. It’s another example of how we’re delivering more value by connecting Gen’s strengths across our portfolio.”

Norton Money Workplace marks the next chapter in Gen’s journey to protect and empower people’s digital and financial lives. For decades, Norton and LifeLock have helped people stay safer online through Cyber Safety and identity protection — and more recently, through tools that help them understand and manage their money. Norton Money Workplace builds on that foundation, bringing these capabilities together in a single employee benefit, with more to come as Gen’s employee benefits division works toward an even more connected, all-in-one solution for employees’ digital and financial lives. Norton Money Workplace will be available beginning in December 2026. Learn more here.

About Norton LifeLock Benefit Solutions, part of Gen 

Norton LifeLock Benefit Solutions helps employers equip their employees with digital and financial protection through comprehensive benefits that combine award-winning technology with expert restoration support. Norton LifeLock Benefit Solutions is part of Gen (NASDAQ: GEN), a global company dedicated to powering Digital Freedom with a family of trusted consumer brands including Norton, LifeLock and MoneyLion. Gen empowers nearly 500 million users in more than 150 countries through its products and services that span cybersecurity, online privacy, identity protection and financial wellness. Through Norton LifeLock Benefit Solutions, Gen brings that protection into the workplace, partnering with more than 12,000 employers to help employees safeguard their identities, navigate digital risks and take greater control of their financial lives. Learn more at GenDigital.com. 

Media Contact

Audra Proctor
Gen
Press@GenDigital.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/norton-lifelock-benefit-solutions-introduces-norton-money-workplace-302917367.html

SOURCE Gen Digital Inc.

Continue Reading

Technology

Quantinuum to Report Third Quarter Financial Results on November 5, 2026

Published

on

By

BROOMFIELD, Colo., Oct. 22, 2026 /PRNewswire/ — Quantinuum Inc. (NASDAQ: QNT) (“Quantinuum”) today announced it will release its financial results for the third quarter ended September 30, 2026, on November 5, 2026, after market close.

Quantinuum will host a conference call at 5:00 PM Eastern time that same day to discuss its financial results. The call will be available through a live webcast available here.

An archive replay of the webcast will be made available on the Quantinuum Investor Relations website following the call and will remain available for one year.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/quantinuum-to-report-third-quarter-financial-results-on-november-5-2026-302917284.html

Continue Reading

Trending