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FABL holds corporate briefing

FABL holds corporate briefing
April 22, 2021
KARACHI: Faysal Bank Limited has recently conducted a virtual corporate briefing session to brief the analyst community and shareholders about the bank’s business strategy, financial performance, and outlook, a statement said on Wednesday. FABL Chief Financial Officer Syed Majid Ali briefed the shareholders, it added.
The bank has made significant progress on its strategy of conversion to an Islamic bank. A total of 87 percent of the bank’s branches are now offering dedicated shariah-compliant financial solutions.
During 2020, despite wide-ranging business and operational challenges posed by COVID-19, the Faysal Bank converted 65 branches to Islamic mode, which is a testament to its commitment of Islamic conversion. ....

Syed Majid Ali , Faysal Bank , Faysal Bank Limited , Financial Officer Syed Majid Ali , சையத் மஜித் அலி , பாய்சல் வங்கி , பாய்சல் வங்கி வரையறுக்கப்பட்டவை ,

Grocers tout sustainability efforts as Earth Day spotlights climate crisis

Dive Brief:
Albertsons aims to focus on reducing carbon emissions with new goals it plans to submit to the Science Based Targets initiative (SBTi), the grocer announced on Wednesday. The targets will align the grocery chain with the Paris Climate Agreement, which the U.S. reentered in February after a brief exit during the Trump administration.
Separately, Hannaford Supermarkets, a U.S. banner under Ahold Delhaize, announced on Tuesday it hit the goal of diverting and donating all of its stores’ unsold food, claiming it’s the first grocer in New England and New York to completely keep its food waste out of landfills. Meanwhile, H-E-B and Kroger said this week they are ramping up programs that encourage shoppers to recycle. ....

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Welcome To IANS Live - TopStory - Covishield to be sold at Rs 400 to State, Rs 600 to pvt hospitals

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IANSLive
New Delhi, April 21 (IANS) Covishield will be sold at Rs 400 per dose to the state government and Rs 600 to private hospitals, Serum Institute of India (SII) said on Wednesday. Covishield is known as AstraZeneca vaccine across the world.
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Update: 21-April-2021 ....

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PepsiCo to boost regenerative farming to 7M acres, equal to its entire agricultural footprint

Dive Brief:
PepsiCo aims to expand its regenerative farming programs to 7 million acres by 2030, equal to roughly all the land it uses to grow potatoes, oats and other commodities for its products, the snack and beverage giant said in a statement. These efforts are estimated to lead to a net-reduction of at least 3 million tons of greenhouse gas emissions by the end of the decade.
The manufacturer of Doritos, Sun Chips and Lay s said it will expand regenerative agriculture to more than 500,000 acres of U.S. farmland by the end of this year.
Regenerative farming, which includes practices such as using cover crops and rotating which commodities are grown each year, is one of the many practices large CPGs are using to reduce their environmental footprint. ....

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Amazon One palm payment tool comes to Whole Foods

Dive Brief:
Amazon announced on Wednesday that it is expanding Amazon One, which lets users pay with their palm prints, to Whole Foods Market stores.
The payment technology is now available at Whole Foods Madison Broadway location in Seattle and will expand to seven other area locations in the coming months, Dilip Kumar, Amazon’s vice president of physical retail and technology, wrote in a blog post. Launched in September at two Amazon Go stores in Seattle, the bio-authentication tool uses computer vision technology to identify consumers based on the unique characteristics of their palms.
The announcement resolves speculation around when the e-commerce company would add cutting-edge checkout technology to Whole Foods. ....

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