NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management ("MSIM†) and Opportunity Finance Network ("OFN†) today announced three grant recipients of MSIM's annual contribution to OFN's Finance Justice Fund, now called OFN's Financing Fund: GROW South Dakota, Community Health Center Capital Fund, and Twin Cities Habitat for Humanity Lending, Inc. The three community development financial institutions (CDFIs) focus on community development and affordable housing. The grants are funded by MS. ...

“You’ve got to give kids a belief that they have a future, and they have to live in a community that looks like somebody cares about them,” Geoffrey Canada, President and Founder of Harlem Children’s Zone; Founder of William Julius Wilson Institute at Harlem Children’s Zone, said at the 2025 #ForbesImpactSummit.https://t.co/tcAPSMF6oF ...

[Applause] This is an iconic event and my name is Toy Phyllis Wiggins. I'm a very proud Nigerian that lives in the vibrant city of Jos Plat State. I came to the city of Jaws in 1987 to study in the Nigerian television authority school in Rayfield.I drank the water of Plateau State and it got me rooted here and I've not left here since then. So many of us have been deceived to believe that success wears Prada. Success drives Bley.Success has a Mercedes GLK and success posts exotic pictures of traveling the w ...

Core Viewpoint - Angkor Resources Corp. is actively engaged in community development initiatives in Cambodia, focusing on infrastructure improvements and collaboration with local communities to address their needs [1][2]. Group 1: Community Development Initiatives - Angkor has been leading community development since its entry into Cambodia, emphasizing the importance of collaboration with local communities to find solutions to their needs [2]. - The company has agreements with Indigenous Communities to address various areas such as education, water and sanitation, agricultural improvements, and infrastructure [3]. - Angkor's model encourages communities to identify and create their own solutions, positioning the company as a trusted partner [4]. Group 2: Infrastructure Projects - A recent project involved the repair and reinforcement of a community bridge, where Angkor contributed $200 towards steel components while the community sourced materials locally [4]. - The company also supports educational initiatives by providing solar lamps for evening English classes in rural communities, enhancing learning conditions [6][8]. Group 3: Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [9]. - The company is involved in carbon capture and gas conservation projects in Saskatchewan, Canada, as part of its commitment to environmental and social projects [9].

Personal Journey & Motivation - The speaker emphasizes the importance of leaving a positive legacy and impacting the lives of others, rather than solely focusing on personal achievements and financial success [2][3] - The speaker's experience of working with QS, a global ranking agency, shifted his perspective on the value of education and its potential impact [4] - The speaker's return to his village in Goa revealed the lack of improvement in local schools, prompting a desire to contribute to their betterment [6][7] - Inspiration was drawn from individuals who made significant contributions to their communities through education and infrastructure development [10][11] PAC Foundation & Initiatives - The speaker and his wife co-founded PAC Foundation in 2023 to support rural schools in Goa with basic necessities and improved learning environments [12] - PAC Foundation has impacted 20 schools and 6,000 students in Goa within two years, without government or corporate support [13] - The Goa Super 100 scholarship program was launched to provide 155 fully funded undergraduate tuition fees and hostel accommodations for marginalized students from Goa [14][15] Call to Action & Fundamentals - The speaker encourages young people to return to their roots and contribute to their communities, starting with small actions [16] - Nine fundamentals are shared, emphasizing curiosity, analysis, research, effort, daring, innovation, endurance, and manifestation [17][18][19][20][21]

Company Involvement - Quanta Services, Inc. has been announced as an Official Supporter of the Houston World Cup 26 Host City, indicating its commitment to the event and the local community [1][2] - The company aims to contribute to the World Cup 2026 by promoting safety, workforce development, culture, community well-being, and sustainability [1][3] Leadership and Vision - Quanta's President and CEO, Duke Austin, emphasized the company's mission of creating connections and its dedication to building resilient communities through this partnership [2] - The collaboration aligns with the FIFA World Cup 26 Houston Host Committee's vision of delivering an extraordinary tournament while ensuring a positive legacy for the city [3] Event Overview - The FIFA World Cup 26 will be the largest sporting event ever, featuring three host countries, 16 host cities, 48 teams, and 104 matches, set to take place in June and July 2026 [4] - This tournament is designed to be the most inclusive, engaging millions of fans across various stadiums and reaching billions worldwide [4] Economic and Community Impact - The Harris County – Houston Sports Authority plays a crucial role in managing sports facilities and attracting major events, enhancing Houston's economic development and quality of life for residents [5]

Financial Data and Key Metrics Changes - The company's net profit after tax reached USD 566 million, with USD 340 million attributable to equity shareholders, marking an increase of over 600% compared to the same period last year [7][8] - EBITDA reached USD 1.54 billion, up 98% year on year, while net operating cash flow increased to USD 1.185 billion, up 130% year on year [8][17] - The gearing ratio dropped from 41% at the end of the previous year to 33%, the lowest level since the acquisition of Las Bambas [8][24] Business Line Data and Key Metrics Changes - Total copper production in the first half of the year reached approximately 260,000 tons, a significant increase of 64% year on year, with copper revenue accounting for 78% of total revenue [9][18] - Las Bambas mine produced over 210,000 tons of copper, with cash costs reduced to nearly USD 1 per pound, positioning it near the top of the global copper cost curve [19] - Khoemakau mine achieved an EBITDA of USD 90 million, a year-on-year growth of 167%, while Kinsevere's EBITDA decreased by 27% to USD 30 million due to power supply instability [20][21] Market Data and Key Metrics Changes - The company benefited from rising prices of key metals such as copper, gold, silver, and zinc, which drove performance [7] - The demand for metals like copper, zinc, and nickel is expected to remain strong due to the global energy transition and urbanization trends [28][29] Company Strategy and Development Direction - The company focuses on enhancing operational value and maximizing asset growth potential while exploring diversification opportunities across different regions and commodity sectors [30] - Total copper production is projected to reach up to 520,000 tons this year, with Las Bambas expected to contribute 400,000 tons [30][31] - The company is committed to sustainable development, as demonstrated by community initiatives linked to the Las Bambas project [15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the potential risks of road blockades at Las Bambas due to political instability in Peru, especially with upcoming presidential elections [39][44] - The company aims to maintain operational stability and has implemented measures to strengthen community relationships to mitigate risks [45][47] - The financial management strategy includes optimizing the balance sheet and enhancing shareholder returns, with a focus on maintaining a manageable debt level [50][66] Other Important Information - The company plans to adjust its capital expenditure estimation for 2025 to USD 1.1 billion to USD 1.25 billion, covering various investments [25][26] - The acquisition of the Nickel Brazil asset is progressing and is expected to be completed by the end of the year [26] Q&A Session Summary Question: Cost of Las Bambas mine - The C1 cost was USD 1.06 in the first half, with full-year guidance unchanged to allow for risk control [34][35] Question: Road blockade at Las Bambas mine - There were 15 days of road blockage, but the situation has improved, and inventory clearance is ongoing [36][39] Question: Finance cost outlook - The finance cost decreased to USD 139 million, with expectations to lower it to USD 320 million for the year [41] Question: Impact of upcoming presidential election on Las Bambas - Previous elections caused disruptions, but measures have been taken to maintain stable operations [44][46] Question: Long-term guidance of gearing ratio - The company aims to continue reducing the gearing ratio, focusing on debt repayment and shareholder returns [44][50] Question: Profit sharing mechanism - The mining industry is required to share 8% of profits, which is included in the C1 cost [52][53] Question: Kinsevere mine power supply - A new 12-megawatt diesel generator is being procured to stabilize power supply, expected to cover 40% to 45% of capacity during disruptions [56][57] Question: CapEx increase - CapEx for the second half is expected to catch up due to previous delays, with a focus on supporting development [62][63]

Sustainability and Environmental Considerations - The construction industry emphasizes using local materials like Jordanian stone, which is environmentally friendly due to its insulation properties and longevity [1] - Sustainable agriculture involves using native plants like olive trees, which require less water in water-scarce regions [1] - Companies are adopting solar energy as a renewable energy source to reduce reliance on environmentally harmful energy sources [1] - Waste management and recycling programs are being implemented to reduce waste and promote reuse [1] - Water-saving technologies are being used to reduce water consumption [1] ESG (Environmental, Social, and Governance) - ESG compliance is becoming a criterion for investment, making it essential for companies and governments to qualify for funding [1] - Environmental aspects include reducing pollution and carbon emissions, with a focus on addressing climate change [1] - Governance involves how companies interact with stakeholders, including customers, communities, and employees, as well as the relationship between executive management and the board of directors [1] Social Responsibility - Companies are increasingly adopting social causes to benefit the community, focusing on issues like equality, diversity, women's empowerment, and support for orphans and people with disabilities [1] - Corporate social responsibility initiatives can enhance profitability by attracting investors and improving overall business practices [1] - King Hussein Business Park is implementing solar energy, waste management, and recycling programs [1] - King Hussein Business Park collaborates with universities to engage students in design projects and supports initiatives that provide employment opportunities for students [1] Youth Empowerment - Supporting youth and startups is crucial, with efforts to connect them with investors [1] - Encouraging young people to think about sustainability and respect the environment when innovating [2]

Core Points - KeyBank Foundation has launched a $5.4 million grant program to support Community Development Financial Institutions (CDFIs) across 27 markets, focusing on affordable housing and small business growth [1][3] - In areas without eligible CDFI proposals, KeyBank will establish a $200,000 donor-advised fund to ensure community participation in the bicentennial celebration [1] - The selected CDFI grant recipients are implementing community-driven solutions in affordable housing, economic inclusion, workforce development, and neighborhood revitalization [2] Company Overview - KeyBank is celebrating its bicentennial in 2025, marking 200 years of service with approximately $185 billion in assets as of June 30, 2025 [6] - The bank operates under the name KeyBank National Association, providing a range of financial services through about 1,000 branches and 1,200 ATMs across 15 states [7] - KeyBank also offers corporate and investment banking products, including merger and acquisition advice, public and private debt and equity, syndications, and derivatives [7]

Il sogno lo rappresenta: unisce e supera ogni confine. Ha scelto di restare ad Angri, la sua terra, non per egoismo, ma per un profondo legame comunitario. Ha sfidato le difficoltà del Sud Italia, creando impresa non solo per sé, ma per offrire alternative concrete a chi è costretto a emigrare. È un atto di resilienza e lealtà, che trasforma la narrazione dell'abbandono in una visione di sviluppo locale. Questo investimento nel territorio genera benessere, speranza e dimostra che un futuro prospero è possib ...