Latest news with #Principality
South Wales Argus
13-06-2025
- Business
- South Wales Argus
Natasha Asghar MS visits Newport Principality branch
The visit was part of celebrations marking the society's 165th anniversary. The Principality Building Society, with its largest branch presence across Wales, declared in April its commitment to maintaining high street and community presence until 2030. This decision stems from consistent member feedback and research that indicates more than 70 per cent of people consider branch presence crucial when choosing a financial provider. Kelly Young, head of savings customer services, said: "Cash remains a vital part of daily life for many—not just as a payment method, but as a pillar of financial stability, especially for small businesses, residents, and rural communities." She added that the society is committed to investing in its network and ensuring access to cash for the communities it serves. Natasha Asghar, member of the Senedd for South Wales East, commended the society's dedication to maintaining its local branches and services across Welsh communities. She said: "With over 160 years of service, the Principality remains a cornerstone of Welsh town centres and has the strongest high street presence of any financial services provider in the country." The society was first established in Cardiff in 1860.
Yahoo
10-06-2025
- Business
- Yahoo
Yachting: in Monaco, the Sea Index sets the course for ecological transition
MONACO, June 10, 2025 (GLOBE NEWSWIRE) -- In the heart of the Mediterranean, where luxury yachting meets the pressing demands of environmental responsibility, Monaco is positioning itself as a frontrunner in sustainable maritime innovation. This week, the Principality hosted the 'Blue Economy and Finance Forum (BEFF)' - an official event of the United Nations Ocean Conference - bringing together global leaders, investors, policymakers, and scientists to shape the future of blue finance and ocean-related innovation. Held under the High Patronage of HSH Prince Albert II and in partnership with the Principality, the forum served as a platform for unveiling impactful tools such as the Sea Index, a pioneering initiative by the Yacht Club de Monaco developed with Credit Suisse (a Ubs Group company). Presented during the session titled 'Setting Sail to Blue Ports and Shipping', which focused on decarbonizing maritime transport and port infrastructure, the SEA Index was highlighted as a key enabler of the ecological transition within the yachting industry. Rachel Ercole Ribes, Development Manager of Sea Index, emphasized the critical role yacht owners can play in leading this transition: "Yacht owners are often also captains of industry. They possess both the means and the influence to unlock technological barriers. Decarbonization is not just a regulatory obligation, it is a shared responsibility. With the Sea Index, we provide a reliable, transparent, and scalable tool and, above all, we assert pioneering leadership in the sector, to anticipate future regulations and foster innovation starting today". The high-level panel included key industry figures: Christine Cabau (EVP Assets and Operations, CMA CGM Group), Paul Taylor (Global Head of Maritime Industries at Société Générale and Vice Chair of the Poseidon Principles), Christophe Castaner (Chairman of the Supervisory Board, Grand Port Maritime de Marseille), and Stefano Sommadossi (President, NatPower). The discussion was moderated by Nick Brown, Corporate Affairs Director at Bureau Veritas. The Sea Index offers an independent, certified methodology - validated by Lloyd's Register and labeled by Capenergies - that enables yachts over 24 meters to assess and reduce their carbon footprint. It includes a lifecycle emissions calculator based on fuel choice and is designed to integrate future metrics such as air and noise pollution, as well as emerging technologies like fuel cells. The tool is already seeing growing adoption across the Mediterranean, with around twenty ports in France's Southern Region involved, and is now expanding globally, with initial deployment in the Seychelles in partnership with local authorities. Beyond this, the Yacht Club de Monaco continues to promote sustainable innovation through the Monaco Energy Boat Challenge (July 1–5, 2025), an open innovation platform that brings together engineering schools and industry stakeholders to test future energy solutions at sea. As the blue economy already generates $2.5 trillion annually and is expected to exceed $3 trillion by 2030 (OECD), Monaco is not drifting with the tide, it is anchoring its vision firmly in the future. For more information:- A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Free Malaysia Today
30-05-2025
- Automotive
- Free Malaysia Today
Norris wins ‘dream' maiden Monaco Grand Prix
McLaren driver Lando Norris celebrates after winning the Monaco Grand Prix today. (AP pic) MONACO : Lando Norris won his maiden Monaco Grand Prix today to close the gap on his McLaren teammate Oscar Piastri in the battle for the 2025 drivers' world title. Ferrari's Charles Leclerc took second with Piastri completing the podium in the eighth race of the season. Norris closed to within three points of Piastri after adding the jewel in the F1 calendar to his season-opening win in Australia. Four-time reigning world champion Max Verstappen took fourth with Lewis Hamilton in the other Ferrari rounding out the top five. 'Monaco, baby! It's a dream' Norris exclaimed over the team radio, after becoming the first McLaren driver to win on the sinuous streets of the Principality since Hamilton in 2008. 'It feels amazing, it's a long gruelling race. An amazing weekend with pole, with today. This is what we dream of, this is what I did dream of as a kid,' beamed the 25-year-old. He was pushed hard to the end of the gruelling and at times chaotic afternoon in the Monaco sunshine by Leclerc, who took second, 3.131s behind. 'Lando did a better job and he deserves to win. It is above our expectations here, I thought we would struggle to be in the top 10 so it has been a good weekend, but I wish I'd won,' said the Monaco-born Leclerc. Piastri rued a tricky time in qualifying yesterday. 'I got close but not close enough, and you run around here where you started,' said the Australian. Witness football history in Malaysia as Manchester United take on the Asean All-Stars – it's the clash you can't afford to miss. Book your seat now at before they're gone!
Yahoo
26-05-2025
- Automotive
- Yahoo
Toto Wolff says different perspective needed as he defends Monaco Grand Prix
Mercedes team principal Toto Wolff defended the Monaco Grand Prix and says it needs to be looked at with a different perspective as the race again came under fire. Monaco is the most prestigious event on the calendar but the famous streets of the principality do not lend themselves to overtaking. In a bid to enliven Sunday's spectacle, the FIA mandated two pit-stops but – although it created more strategy intrigue – it did not affect the order much as the top four retained their starting positions. Wolff's driver George Russell suggested the race could be scrapped in favour of two qualifying sessions, while Max Verstappen joked 'maybe four stops next year' after believing the new rule failed to work. George Russell had a frustrating day at the office 😖#F1 #MonacoGP — Formula 1 (@F1) May 25, 2025 But Mercedes chief Wolff took a wider view of the weekend. 'The perspective I look at is that most of the relevant sporting event is on Saturday and it always has been,' Wolff said. 'What Formula One has created here is unbelievable. Grandstands, full terraces, full boats like I've never seen before. 'Yesterday I filmed from my terrace a traffic jam of one and a half kilometres at 2.30 in the morning. And you know, that is the kind of 360 degree angle that Formula One needs to have. We have spectacular races on the Saturday. 'Even if this was a zero stop race, it's still a mega venue and then it's the Saturday shootout that matters.' McLaren's Lando Norris clinched his first Monaco victory to cut the gap to team-mate Oscar Piastri in the championship standings to three points. Piastri came home third, behind Charles Leclerc and ahead of four-time champion Max Verstappen. There was not a single overtake in the race, however, and Red Bull boss Christian Horner thinks Formula One needs to look at something to offer the chance of passing another car. 'I would say it was an improvement, it was strategically more interesting, there was more jeopardy to it,' Horner said. 'The fundamental problem is you cannot overtake here. That's circuit specific, it's been on the calendar for 52 years. 'I think it (changing layout) is the only way to really encourage any form of overtaking. 'Trying to create a bit more braking, you know, area either on the exit of the tunnel or turn one, if there was any way of creating a longer braking zone somewhere we should really investigate it.'
Khaleej Times
25-05-2025
- Automotive
- Khaleej Times
McLaren's Norris wins 'dream' maiden Monaco Grand Prix
Lando Norris won his maiden Monaco Grand Prix on Sunday to close the gap on his McLaren teammate Oscar Piastri in the battle for the 2025 drivers' world title. Ferrari's Charles Leclerc took second with Piastri completing the podium in the eighth race of the season. Norris closed to within three points of Piastri after adding the jewel in the F1 calendar to his season-opening win in Australia. Four-time reigning world champion Max Verstappen took fourth with Lewis Hamilton in the other Ferrari rounding out the top five. "Monaco, baby! It's a dream" Norris exclaimed over the team radio, after becoming the first McLaren driver to win on the sinuous streets of the Principality since Hamilton in 2008. "It feels amazing, it's a long gruelling race. An amazing weekend with pole, with today. This is what we dream of, this is what I did dream of as a kid," beamed the 25-year-old. He was pushed hard to the end of the gruelling and at times chaotic afternoon in the Monaco sunshine by Leclerc, who took second, 3.131s behind. "Lando did a better job and he deserves to win. It is above our expectations here, I thought we would struggle to be in the top 10 so it has been a good weekend, but I wish I'd won," said the Monaco-born Leclerc. Piastri rued a tricky time in qualifying on Saturday. "I got close but not close enough, and you run around here where you started," said the Australian.
