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New York state government agencies will have to conduct reviews and publish reports that detail how they're using artificial intelligence software, under a new law signed by Gov. Kathy Hochul. Hochul, a Democrat, signed the bill last week after it was passed by state lawmakers earlier this year. The law requires state agencies to perform assessments of any software that uses algorithms, computational models or AI techniques, and then submit those reviews to the governor and top legislative leaders along with posting them online. Canadian legal information database sues company behind AI chatbot National security agencies should explain how they're using AI: federal advisory body Will the AI chatbot wave come for the federal government? It also bars the use of AI in certain situations, such as an automated decision on whether someone receives unemployment benefits or child-care assistance, unless the system is being consistently monitored by a human. WATCH | Canada invests in Artificial Intelligence Safety Institute: Canada launches AI watchdog to oversee the technology’s safe development and use 1 month ago Duration 1:50 Amid rapid global advances and deployment of artificial intelligence technologies, the federal government has invested millions to combine the minds of three existing institutes into one that can keep an eye on potential dangers ahead. Law shields workers from limiting of hours due to AI State workers would also be shielded from having their hours or job duties limited because of AI under the law, addressing a major concern that critics have raised against generative AI. State Sen. Kristen Gonzalez, a Democrat who sponsored the bill, called the law an important step in setting up some guardrails in how the emerging technology is used in state government. Federal government use of AI in hundreds of initiatives revealed by new research database Facial recognition technology gains popularity with police, intensifying calls for regulation Experts have long been calling for more regulation of generative AI as the technology becomes more widespread. Some of the biggest concerns raised by critics, apart from job security, include security concerns around personal information, and that AI could amplify misinformation due to its propensity to invent facts, repeat false statements and its ability to create close to photo-realistic images based on prompts.
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Pure And Natural Pet Announces Holiday Gift Sets for Pet Wellness, GroomingC$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days. TORONTO , Dec. 3, 2024 /PRNewswire/ - Manulife Financial Corporation (" MFC ") announced today that it intends to issue $1 billion principal amount of 4.064% fixed/floating subordinated debentures due December 6 , 2034 (the " Debentures "). MFC intends to file a prospectus supplement to its existing base shelf prospectus in respect of this issue. The Debentures will bear interest at a fixed rate of 4.064% until December 6, 2029 and thereafter at a rate of 1.25% over Daily Compounded CORRA. The Debentures mature on December 6, 2034 . Subject to prior regulatory approval, MFC may redeem the Debentures, in whole or in part, on or after December 6, 2029 at a redemption price equal to par, together with accrued and unpaid interest to, but excluding, the date fixed for redemption. The Debentures will constitute subordinated indebtedness, ranking equally and rateably with all other subordinated indebtedness of MFC from time to time issued and outstanding (other than subordinated indebtedness which has been further subordinated in accordance with its terms). The offering is being done on a best efforts agency basis by a syndicate co-led by RBC Capital Markets, CIBC Capital Markets and Scotiabank. The offering is expected to close on December 6, 2024 . MFC intends to use the net proceeds from the offering of the Debentures for general corporate purposes, including investment in subsidiaries and potential future redemptions of existing securities. The Debentures have not been and will not be registered in the United States under the United States Securities Act of 1933, as amended (the " Securities Act "), or the securities laws of any state of the United States and may not be offered, sold or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S under the Securities Act) absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or a solicitation to buy securities in the United States and any public offering of the securities in the United States must be made by means of a prospectus. Access to the prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering of the Debentures is provided in accordance with securities legislation relating to procedures for providing access to a prospectus supplement, a base shelf prospectus and any amendment thereto. The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering will be accessible within two business days at www.sedarplus.ca . An electronic or paper copy of the prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents may be obtained, without charge, from RBC Capital Markets by email at torontosyndicate@rbccm.com or phone at 416-842-6311, CIBC Capital Markets by email at mailbox.cibcdebtsyndication@cibc.com or phone at 416-594-8515 or Scotiabank by email at syndicate.toronto@scotiabank.com or phone at 416-863-7438. About Manulife Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada , we provide financial advice and insurance, operating as Manulife across Canada , Asia , and Europe , and primarily as John Hancock in the United States . Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as 'MFC' on the Toronto , New York , and the Philippine stock exchanges, and under '945' in Hong Kong . Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/manulife-announces-subordinated-debenture-issue-302321737.html SOURCE Manulife Financial CorporationSukhbir urges Modi to shift Manmohan funeral to Raj Ghat
Georgian police fired tear gas to disperse thousands of pro-EU demonstrators on Monday, who had rallied in the centre of Tbilisi amid a deepening political crisis in the Black Sea nation. The country's prime minister hours earlier had vowed "no negotiations" with the opposition, enraged by the ruling Georgian Dream party's decision to shelve EU accession talks after it claimed victory in an election they decried as fraudulent. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

New York state government agencies will have to conduct reviews and publish reports that detail how they're using artificial intelligence software, under a new law signed by Gov. Kathy Hochul. Hochul, a Democrat, signed the bill last week after it was passed by state lawmakers earlier this year. The law requires state agencies to perform assessments of any software that uses algorithms, computational models or AI techniques, and then submit those reviews to the governor and top legislative leaders along with posting them online. Canadian legal information database sues company behind AI chatbot National security agencies should explain how they're using AI: federal advisory body Will the AI chatbot wave come for the federal government? It also bars the use of AI in certain situations, such as an automated decision on whether someone receives unemployment benefits or child-care assistance, unless the system is being consistently monitored by a human. WATCH | Canada invests in Artificial Intelligence Safety Institute: Canada launches AI watchdog to oversee the technology’s safe development and use 1 month ago Duration 1:50 Amid rapid global advances and deployment of artificial intelligence technologies, the federal government has invested millions to combine the minds of three existing institutes into one that can keep an eye on potential dangers ahead. Law shields workers from limiting of hours due to AI State workers would also be shielded from having their hours or job duties limited because of AI under the law, addressing a major concern that critics have raised against generative AI. State Sen. Kristen Gonzalez, a Democrat who sponsored the bill, called the law an important step in setting up some guardrails in how the emerging technology is used in state government. Federal government use of AI in hundreds of initiatives revealed by new research database Facial recognition technology gains popularity with police, intensifying calls for regulation Experts have long been calling for more regulation of generative AI as the technology becomes more widespread. Some of the biggest concerns raised by critics, apart from job security, include security concerns around personal information, and that AI could amplify misinformation due to its propensity to invent facts, repeat false statements and its ability to create close to photo-realistic images based on prompts.
ETFs tracking securitized debt, AI and Novo Nordisk add to industry’s banner 2024
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Pure And Natural Pet Announces Holiday Gift Sets for Pet Wellness, GroomingC$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days. TORONTO , Dec. 3, 2024 /PRNewswire/ - Manulife Financial Corporation (" MFC ") announced today that it intends to issue $1 billion principal amount of 4.064% fixed/floating subordinated debentures due December 6 , 2034 (the " Debentures "). MFC intends to file a prospectus supplement to its existing base shelf prospectus in respect of this issue. The Debentures will bear interest at a fixed rate of 4.064% until December 6, 2029 and thereafter at a rate of 1.25% over Daily Compounded CORRA. The Debentures mature on December 6, 2034 . Subject to prior regulatory approval, MFC may redeem the Debentures, in whole or in part, on or after December 6, 2029 at a redemption price equal to par, together with accrued and unpaid interest to, but excluding, the date fixed for redemption. The Debentures will constitute subordinated indebtedness, ranking equally and rateably with all other subordinated indebtedness of MFC from time to time issued and outstanding (other than subordinated indebtedness which has been further subordinated in accordance with its terms). The offering is being done on a best efforts agency basis by a syndicate co-led by RBC Capital Markets, CIBC Capital Markets and Scotiabank. The offering is expected to close on December 6, 2024 . MFC intends to use the net proceeds from the offering of the Debentures for general corporate purposes, including investment in subsidiaries and potential future redemptions of existing securities. The Debentures have not been and will not be registered in the United States under the United States Securities Act of 1933, as amended (the " Securities Act "), or the securities laws of any state of the United States and may not be offered, sold or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S under the Securities Act) absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or a solicitation to buy securities in the United States and any public offering of the securities in the United States must be made by means of a prospectus. Access to the prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering of the Debentures is provided in accordance with securities legislation relating to procedures for providing access to a prospectus supplement, a base shelf prospectus and any amendment thereto. The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the offering will be accessible within two business days at www.sedarplus.ca . An electronic or paper copy of the prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents may be obtained, without charge, from RBC Capital Markets by email at torontosyndicate@rbccm.com or phone at 416-842-6311, CIBC Capital Markets by email at mailbox.cibcdebtsyndication@cibc.com or phone at 416-594-8515 or Scotiabank by email at syndicate.toronto@scotiabank.com or phone at 416-863-7438. About Manulife Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada , we provide financial advice and insurance, operating as Manulife across Canada , Asia , and Europe , and primarily as John Hancock in the United States . Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2023, we had more than 38,000 employees, over 98,000 agents, and thousands of distribution partners, serving over 35 million customers. We trade as 'MFC' on the Toronto , New York , and the Philippine stock exchanges, and under '945' in Hong Kong . Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/manulife-announces-subordinated-debenture-issue-302321737.html SOURCE Manulife Financial CorporationSukhbir urges Modi to shift Manmohan funeral to Raj Ghat
Georgian police fired tear gas to disperse thousands of pro-EU demonstrators on Monday, who had rallied in the centre of Tbilisi amid a deepening political crisis in the Black Sea nation. The country's prime minister hours earlier had vowed "no negotiations" with the opposition, enraged by the ruling Georgian Dream party's decision to shelve EU accession talks after it claimed victory in an election they decried as fraudulent. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.