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The cruise company told the Daily News in a statement that two guests aboard the Anthem of the Seas had died on Tuesday and Wednesday during the first leg of its journey, from Bayonne to San Juan. (nydailynews.com)
Posts Tagged ‘Royal Caribbean International’
Royal Caribbean International has made it into the Guinness Book of World Records with its unique North Star attraction aboard the cruise line’s Quantum-class ships. (more…)
Royal Caribbean International said it will host a three day “Cyber Monday Super Sale” offering passengers an opportunity to book a trip on one of its ships for a discounted cost. (cruiseindustrynews.com)
TWENTY-NINE Chinese who hoped to illegally enter South Korea were caught by Shanghai immigration police on Thursday at Wusong International Cruise Ship Terminal. (shanghaidaily.com)
MTV’s hit series Teen Mom will host its first official cruise in July 2017. Reality stars Maci Bookout, Kailyn Lowry, and Amber Portwood are treating fans to some quality time on the ship. (yahoo.com)
Royal Caribbean International, in partnership with James Beard Award-winning chef Michael Schwartz, has introduced a new menu highlighting artisanal ingredients at 150 Central Park onboard Harmony of the Seas, Allure of the Seas and Oasis of the Seas.
Royal Caribbean Kicks Off The Holidays In Style With The Ultimate Friendsgiving On Board Harmony of The SeasFriday, November 18th, 2016
Just in time for the holidays, Royal Caribbean International’s newest and most adventurous ship yet, Harmony of the Seas, arrived in the U.S. to great fanfare and is now sailing on her first 7-night cruise to the Eastern Caribbean.
Dami Im, Australia’s entrant in this year’s Eurovision and winner of X Factor Australia, will sing onboard Ovation of the Seas for its Sydney arrival. (cruisecritic.com)
Cake by the ocean – literally! Multi-platinum selling band DNCE set sail for the Ultimate Friendsgiving on board the world’s largest and most adventure-packed cruise ship, Royal Caribbean’s new Harmony of the Seas, now sailing year-round to the Eastern and Western Caribbean from her permanent home of Port Everglades in Fort Lauderdale, Fla.
Today’s (10 Nov.) naming ceremony for Royal Caribbean’s Harmony of the Seas was celebrated with incredible fanfare at the new ship’s home base of Port Everglades in Fort Lauderdale, before sailing a two-night introductory cruise to show off its amenities to media, travel agents and industry leaders. (cruisecritic.com)
Billed as the first-ever comic con cruise, FAN2SEA will sail from Tampa January 19-23, 2017, with calls at Key West, Florida, and Cozumel, Mexico. (travelagentcentral.com)
With a sail away celebration befitting the world’s largest cruise ship, Royal Caribbean International’s brand new ship, Harmony of the Seas, departed on her maiden voyage from her new permanent homeport of Port Everglades in Fort Lauderdale, Fla. (more…)
Royal Caribbean’s Newest Ship Harmony of the Seas Welcomed by Sister Ships, Oasis of the Seas and Allure of the SeasSaturday, November 5th, 2016
Royal Caribbean International’s Oasis-class ships, Oasis of the Seas, Allure of the Seas and the new Harmony of the Seas, struck a chord today (November 4), greeting each other at sea for the first and possibly only time. (more…)
The Madison Square Garden Company and Royal Caribbean International today announced a marketing partnership, naming Royal Caribbean as the Official Cruise Line of the New York Knicks, New York Rangers and the Arena Concert Series at Madison Square Garden. (more…)
Royal Caribbean is scaling back its planned 2016 refurbishment of Adventure of the Seas as a result of “extensive damage” at the Bahamian shipyard where it was scheduled for a dry dock. (cruisecritic.com)
The Canaveral Port Authority is making final preparations for the arrival on November 5, 2016 of the flag ship of the world’s largest class of cruise vessels at 225,000 gross tons. (more…)
Ninety percent of Malaysians underestimate the value of a cruise. This was revealed in a recent survey by global cruise brand Royal Caribbean International. (star2.com)
Rock Legends Cruise (RLC), a music cruise charter, announced that Sammy Hagar, the Rock & Roll Hall of Fame inducted musician is confirmed to headline RLC VI, February 15-19, 2018. (cruiseindustrynews.com)
A new holiday themed video produced by Royal Caribbean International is being used to promote holiday cruises on the brands ships. Santa is the main star, enjoying a Christmas vacation with Royal Caribbean. (cruiseindustrynews.com)
As Mariner of the Seas returned to Singapore to launch Royal Caribbean International’s longest-ever Southeast Asian season, Royal Caribbean International announces that due to popular demand, it will be extending this season till next June with an additional nine sailings. (more…)
Royal Caribbean International’s Mariner of the Seas will be transformed into a world of cosplay fantasy once again next February, when it plays host to Asia’s biggest cosplay festival at sea for the second time. (more…)
Royal Caribbean Selects Three Inspirational Educators As Finalists For Harmony Of The Seas’ Godmother SearchWednesday, October 12th, 2016
After receiving nearly one thousand motivating and heartfelt nominations from across South Florida, three standout candidates have been selected as finalists in Royal Caribbean International’s search for an educator who is inspiring the next generation to dream big, think differently and challenge the status quo.
Royal Caribbean’s next class of cruise ship will be powered by liquefied natural gas (LNG) and introduce the use of fuel cell technology to dramatically reduce greenhouse gas emissions. (cruisecritic.com)
Grammy award-winning legendary artist Patti LaBelle hit a high note onboard Royal Caribbean International’s Allure of the Seas in honor of the cruise line’s first-ever President’s Cruise with President and CEO Michael Bayley. (more…)
From the time a new ship is just an idea on paper, the Program Manager acts as the project’s Captain, steering the construction throughout all of its milestones.
The cruise ship Rhapsody of the Seas was caught by storm off Greek coast and suffered slight damages of the public areas. (maritimeherald.com)
Preliminary investigation on Harmony of the Seas incident carried by Marseille prosecutor Xavier Tarabeux, indicate that the lifeboat lowering equipment was functioning properly. (crew-center.com)


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CES is one of the biggest tech events in the world —where brands from all over the world come to get business done, meet new partners and to show off their latest innovations
Morten represented FPL in Vegas in early Jan, supported Swedish delegation, and ended up running into old friends by accident in Sin City.
Flying cars, see through flatscreens and driver-less vehicles designed like living rooms were some of the fun highlights Morten saw at one of the biggest consumer electronic shows in the world, CES, held in Las Vegas. As it happens, our team is actually physically present in other countries in the world than just the Nordics, and as such it’s possible for us to facilitate on-the-ground market entry and/or strategic partnership activities in those countries too. Morten is based in Colorado, which makes US related activities his playground, another team member is based in Lisbon, another in Indonesia, another in Athens and so on. A neat little addition to the business! But I digress. What was Morten doing in Nevada? Aside from playing with new, neat toys and being awestruck by space-time gadgets?
Morten was supporting one of our long, long time partners from Electrification Hub (Sweden) at the event. The key theme was driving transition towards electrified mobility solutions – in other words raising awareness and positioning Electrification Hub, Mälardalen region and Sweden in general as a leader in electrification. There was a large Swedish delegation present at CES, representing and strenghtening the Swedish brand in the US market. A number of startups, companies and public entities were there, as well as a growing Nordic collaborative platform for international export and promotional activities.
We are, after all, a Nordic company incorporated in Sweden, with a HQ in Stockholm. As such we were excited to see Swedes setting record numbers in attendance among the Nordic representation. Though as we know, Swedes have always been strong in the art of building and sustaining a country brand…And as a site note, this was not the first time Morten has attended CES, certainly not the first time attending and building country brands. Years ago when he was still working for the Ministry of Foreign Affairs of Denmark, he used to be on the other side of the table hosting the Danish delegations to the event.
Another highlight of the trip was when Morten completely by accident ran into one of the original Youth Goodwill Ambassadors of Denmark, Vlad, originally from Romania. Now residing in Las Vegas with his family as a serial entrepreneur and investor their relationship goes back more than a decade just like our marketeer Elsa, who is an alumni from that programme. Did we ever tell you that we love ambassador programmes for places? We’ve run so, so many of those. One of the best tactics for Talent Attraction and improving place perceptions.
What’s next? Now many new contacts richer, the next thing is to follow up with the delegation from State of Michigan, who are going green in transportation with the help from Google’s automotive and mobility division. Exciting times!

domain: news


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The Payments Future
Remember when the ATM was innovative? Insert a bank card, tap some keys, and get money instantly. Gone were the days of standing in a long line at the bank and presenting a withdrawal slip. Access your money when and where you wanted it.
Flash forward thirty years and payments can happen with the hover of a winter glove or the scan of a lapel pin or sticker. These payment innovations will debut at the 2018 Winter Olympics in PyeongChang, South Korea. Visa partnered with South Korean retailer Lotte to design and create the latest in payments wearables. The gloves, lapel pins, and stickers feature a duel interface chip and contactless antenna enabling instant authorization of payment.
What’s next for the future of payments? How far can innovation and technology drive the way customers pay for purchases?
Accenture’s 2017 North America Consumer Payments Pulse Survey of 1,500 consumers in the United States and Canada reveals that consumers are ready for payments innovation.
- 68% of Generation Z consumers, those born between the mid-1990s and the early 2000s, are interested in person-to-person payments – more than any other group.
- 61% of consumers welcome open access to their finances to view checking account or credit card balances when paying with any mobile app.
- 64% of consumers plan to use a mobile wallet in 2020, up from current 46% – a 39% rise in the user base.
The general consensus is that the evolution from paper bank withdrawal slip to ATM card to in-store payment terminals to payments wearables is a good thing. The largest drivers in the payments evolution are consumers’ willingness to embrace the technology, and in the payments infrastructure ability of payment processors to deliver a secure solution.
The Power of Generation Z
Gen Z comprises 25% of the U.S. population and promise to be real game-changers in the payments industry.
This generation has never lived without the Internet, Google, or social media. They are highly digital-literate and early adopters of the latest and greatest technologies. For merchants who sell to this demographic, being responsive to demands for mobile apps, digital wallets, and the blurred lines between social media and payments is critical.
Consider this revelation from the Accenture 2017 North America Consumer Payments Pulse Survey: 80% of Gen Z would give up their television for a day – and 28% would give up friends or money just to keep their mobile phone.
Shared Data Analysis
Today’s consumers are not naïve, they know that their data is collected, analyzed, and used to tailor messaging to their specific buying habits. While there are underlying trust issues, most consumers accept that this vast amount of data enhances their shopping experience.
For merchants invested in omnichannel, m-commerce, and e-commerce, this points to maintaining a focus on delivering the ideal customer experience. Customers know the data is there – and they expect to receive a personalized and customized browsing, shopping, and payment experience. Merchants must also know how the customer wants to pay from their device of choice and make available account credentials across all devices.
Mobile Wallet Push
There has been a lot of buzz about mobile wallets and how the industry will adopt this emerging technology. By examining what is happening in China, we can gain insight into what will soon happen internationally.
China has consistently been ahead of the curve with technology and communication adoption rates, making it a truly mobile-centric nation. Alipay, a major Chinese payments leader, has developed mobile solutions that support their estimated 520 million active customers.
By partnering with major payment providers, including First Data, Verifone, Payworks, and Stripe, Alipay enables consumers to use mobile wallet technology wherever they are. Alipay supports 27 currencies in 30 countries, driving how Chinese consumers, and soon North Americans, will pay for purchases.
Staying Afloat in the Evolving Payments Future
Admittedly, we have only scratched the surface of what is happening in the world of payments. This is an exciting time to be involved in how consumers, merchants, and banks support and drive e-commerce. The entire transaction life-cycle is tied to payments – security, fraud prevention, data analysis, marketing, growth, and revenue.
This payments ecosystem requires merchants and their banks to be flexible and agile when it comes to doing business. The fear of missing out is real– wait too long to integrate mobile wallet technology or to deliver a personalized shopping experience and customers will leave.
Merchants need to understand how to prepare for the evolution of payments to meet customer needs. Verifi has a deep understanding of trends in the payments industry and can be a source for planning future strategies. Contact us to learn how you can prepare for consumer demands, bank expectations, and the ever-present fraud risks lingering in the background of this exciting payments universe.


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A prominent American investor and co-founder of Soros Fund Management, Jim Rogers, told what he thinks about the cryptocurrency market and whether he is ready to acquire one. He also explained his attitude towards bitcoin (BTC).
According to the expert, he will not buy cryptocurrencies, regardless of what prices they may trade in the future. Nevertheless, Rogers stressed that depending on different development scenarios, the situation in the market and the global economy might change its mind. The specialist emphasized that he would consider buying BTC if the European Union accepted it as the official currency and introduced it into the region’s payment system.
Rogers expressed the opinion that before considering cryptocurrency as a reliable investment, it will be necessary to enlist the support of governments regarding the sector. According to the entrepreneur, bitcoin is well suited for speculation but will eventually fail as a currency. He also predicted that government bodies would lose their monopoly on money.
Rogers recalled that he could have been an early bitcoin investor when he did not purchase BTC for $1 for 10 years. Thus, he made it clear that he still refers to the cryptocurrency sector with skepticism after a while.
He previously argued that BTC is a gambling tool, not real money. In 2020, Rogers predicted that the price of the leading cryptocurrency would eventually fall to zero.


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Rapiscan, makers of the naked-scanner technology used in many US airports, are in a lot of trouble. The TSA has accused them of falsifying their tests results on the software that supposedly protects flier privacy by rendering them as cartoon characters with suspicious blobs wherever the scanner's image-processor thinks they belong. If convicted, the execs at Rapiscan could go to jail, and the company would be assessed for stiff fines and be barred from any future government contracting. Here's more from Wired's Kim Zetter:
DHS has spent about $90 million replacing traditional magnetometers with the controversial body-scanning machines.
Rapiscan has a contract to produce 500 machines for the TSA at a cost of about $180,000 each. The company could be fined and barred from participating in government contracts, or employees could face prison terms if it is found to have defrauded the government.
It’s not the first time Rapiscan has been at the center of testing problems with the machines. The company previously had problems with a “calculation error” in safety tests that showed the machines were emitting radiation levels that were 10 times higher than expected.
It turned out the company’s technicians weren’t following protocol in conducting the tests. They were supposed to test radiation levels of machines in the field 10 times in a row, and then divide the results by 10 to produce an average radiation measurement. But the testers failed to divide the results by 10, producing false numbers.
Maker of Airport Body Scanners Suspected of Falsifying Software Tests
Journalist Paul Dailing, creator of the 1001 Chicago Afternoons blog, has created a walking tour of the most corrupt sites in Chicago’s fantastically corrupt history, and it’s selling out.
Rick Friday has been the editorial cartoonist for Farm News for 21 years, with a weekly slot in every Friday’s paper.
In 2010, after years of bitter fighting, the French National Assembly passed “Hadopi,” the worst copyright law in history, which provided for disconnecting whole families from the Internet if their network connection was implicated in an accusation of copyright infringement.
Why buy one of those expensive and confusing universal remotes, clogged with enough buttons to launch a space shuttle, when you could accomplish the same electronic control right on your favorite mobile device? The Blumoo Universal Remote, now just $52.99 in the Boing Boing Store, harnesses the audio power of all your household equipment right […]
You may not love Microsoft Word, but you’ve definitely used it. Other than being one of the most ubiquitous programs on the planet, it’s been the go-to word processing system for more than a quarter-century because it’s as basic as it gets. But occasionally, you’ve got assignments that beg for a lot more options than simple […]
Almost everyone has their smartphone in a case of one kind or another. Beyond simple protection, finding a case that can charge your phone on its own, but doesn’t feel like it’s also adding a couple pounds to the phone’s weight is the tricky part. Billed as the world’s thinnest battery case, the ThinCharge iPhone […]


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Happy Monday my Disney-loving friends. It’s been another week, and that means a brand new merchandise review of the seven days that have passed. It’s been a kicker of a […]
Liz decided being home alone was no reason not to dress up like a Disney Princess. It just takes a little imagination.
Oftentimes when I’m out and about running errands either at the grocery store, pet store or anywhere, really, people will notice some aspect of my subtle Disney bling like a […]
The Walt Disney Animation Studios has just released the brand new trailer for the much-anticipated sequel to Wreck-It Ralph – Ralph Breaks the Internet: Wreck-It Ralph 2. Watch below as […]
The Walt Disney Studios (via USA Today) has just shared some new images of two of the new characters movie-goers can expect to see in Wreck-It Ralph 2 – Ralph […]


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The US government has issued new rules designed to prevent the export of hacking and surveillance tools to regimes guilty of human rights abuses.
The “interim final rule” was released by the Commerce Department’s Bureau of Industry and Security (BIS) and will go into force in 90 days,
Governments singled out by the proposals are “of concern for national security reasons” or subject to an arms embargo.
Restrictions will also apply if the exporter knows that the product will be used to impact the confidentiality, integrity or availability of IT systems without the knowledge of their owner/administrator.
“The United States is committed to working with our multilateral partners to deter the spread of certain technologies that can be used for malicious activities that threaten cybersecurity and human rights,” said commerce secretary Gina Raimondo.
“The Commerce Department’s interim final rule imposing export controls on certain cybersecurity items is an appropriately tailored approach that protects America’s national security against malicious cyber actors while ensuring legitimate cybersecurity activities.”
The move will do nothing to impact the export of hacking tools from other countries to authoritarian regimes. Controversial spyware developer NSO Group is headquartered in Israel, for example.
The cybersecurity community has 45 days to comment on the proposals. They include a License Exception Authorized Cybersecurity Exports (ACE) designed to ensure products can still be sold to “most destinations” unhindered.
The latest action by BIS comes as a result of BIS’s negotiations in the multilateral Wassenaar Arrangement, which governs export controls. The long-running treaty has been criticized in the past for adding unnecessary red tape for cybersecurity vendors wanting to export their products abroad.
Several years ago, it was claimed the rules could even restrict the sharing of vulnerability information globally between legitimate threat researchers.


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Bernard Arnault: The World's Richest Person in 2024
In a surprising twist, the title of the world's richest person for 2023 belongs to Bernard Arnault, the Chairman and CEO of LVMH (Moët Hennessy Louis Vuitton) – a luxury goods empire based in France. This shift marks the end of Elon Musk's reign at the top of Forbes' billionaires list.
1. A Pinnacle Achievement
Bernard Arnault's rise to the pinnacle of Forbes’ 2024 list of the World’s Billionaires is attributed to the remarkable success of LVMH over the past year. Record-breaking performances in revenue, profits, and shares propelled Arnault's fortune by a staggering $53 billion – the largest gain among billionaires in the past 12 months. With a calculated fortune of $211 billion, he surpasses Elon Musk by $31 billion.
2. The Man Behind LVMH's Success
While Arnault might not be a household name, the brands under LVMH certainly are. LVMH owns globally renowned names such as Louis Vuitton, Christian Dior, Tiffany, Sephora, Givenchy, Marc Jacobs, and many more. Over his approximately three-decade tenure at LVMH, Arnault transformed it into the world's largest luxury goods company, boasting over 70 prestigious brands with a global clientele.
3. The Growth Trajectory
Since gaining control of LVMH in the late 1980s, Arnault orchestrated a phenomenal growth trajectory. The company's revenues skyrocketed from $4 billion in 1989 to an astounding $86 billion last year. This impressive financial performance is reflected in LVMH's stock, which saw a remarkable 35% surge over the past year.
4. Mastering the Luxury Formula
Arnault's ability to maintain the allure of classic luxury goods is a testament to his strategic prowess. He emphasized the timeless quality and utmost modernity of brands like Louis Vuitton and Dior as the key to their success. For instance, Louis Vuitton, known for its iconic handbags and a diverse range of luxury items, recorded revenues of $21.7 billion last year.
5. Challenges and Successes
While not every venture has been a triumph, Arnault's strategic moves, including acquisitions and partnerships, have largely paid off. The cosmetics line Fenty Beauty, launched in collaboration with Rihanna in 2017, achieved substantial success. However, there were setbacks, such as the 2019 launch of a luxury fashion line called Fenty with Rihanna, which was later put on hold in 2021.
6. Planning for the Future
With his wealth at an all-time high, Arnault is focused on securing the future of his empire. In a move towards succession planning, he proposed a reorganization of his holding company, Agache, in July. This restructuring aims to distribute equal stakes among his five children, all of whom hold executive positions within LVMH. Notably, his daughter, Delphine, was appointed to lead Dior, the second-largest brand in the company, in January.
Bernard Arnault's journey to becoming the world's richest person underscores not only his business acumen but also his ability to navigate the dynamic world of luxury goods. As he continues to shape the future of LVMH, the impact of his legacy on the global luxury market remains profound.


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Tag Archives: ford
Posted on 18. Nov, 2008 by DeuxEx3.
If you didn’t already see this coming then know that it is now official: Ford will be selling approximately 20% of its shares in Mazda with Mazda purchasing about 6.87% and the remaining shares being bought by up to 20 other companies. Companies expected to pick up ownership in Mazda include auto parts manufacturer Denso [...]
Posted on 23. Oct, 2008 by DeuxEx3.
It looks like we might finally be seeing Ford’s unofficial Mazda fire sale come to an end as the Ashai newspaper in Japan reported Mazda will be purchasing ten percent of Ford’s 33.4% ownership in the company back. Rumors and speculation have been circling the troubled U.S.-based automaker since late September claiming Ford was secretly [...]
Posted on 12. Oct, 2008 by DeuxEx3.
We don’t shy away from posting rumors or speculation but we waited a bit on the recent rumblings that Ford Motor Co. will sell its 33.4% stake (worth about $1.36 Billion USD) in Mazda because it didn’t seem too probable. That was, of course, until recently when Mazda released a statement noting that “no decision [...]
Posted on 26. Sep, 2008 by DeuxEx3.
In shocking news that drives home the current state of the auto industry, Ford Motor Credit Co. will cease being the primary lender of purchase and lease loans for Mazda USA on October 16th and Chase Auto Finance Corp. will step in on the 16th as their new lender of choice. Mazda is quick to [...]


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Tech enthusiasts find inspiration in a Pringles package
By Jonathan Sidener
SEAN M. HAFFEY / Union-Tribune
Wireless fans turn Pringles tubes and other containers into working antennas – or "cantennas" – as a way to boost home network signals or to gain a hands-on understanding of the technology. Others opt for the ready-made Super Cantenna from Wireless Garden (http://www.cantenna.com) of Solana Beach.
Carbohydrates can be used for good or evil in the wireless world. Or at least the packaging can. Tech hobbyists are using the containers from the stereotypical geek snack Pringles and from other items such as soup and coffee to create "cantennas" – antennas made out of cans.
Five questions: Joshua Stephens
Joshua Stephens is CEO and co-founder of Four Loop Technologies, a San Diego software-development firm. The company has created Switchvox, a voice-over-Internet-protocol-capable PBX phone system for small-to medium-sized businesses.
Evolving computer mouse lifts off its pad
By Doug Young
Nearly 40 years after its conception in a California laboratory, the PC mouse is finally leaving its pad.
Will video kill the blogging star? 'Vlogs' click into view
By Julio Ojeda-Zapata
KNIGHT RIDDER NEWS SERVICE
Documentarian Dawn Mikkelson has fought to get an ecological opus, "Green Green Water," funded and finished. Now the St. Paul, Minn.-based filmmaker has a new way to spread the word about her pet project: a video Web log, or "vlog," with online samples of the work in progress.


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In a press release on Monday, SUPERVALU INC. (NYSE:SVU) announced that its chairman of the board Wayne C. Sales had been named as the company’s president and chief executive officer; he replaces Craig R. Herkert who was forced out by the company after three years. Sales will continue his chairman responsibilities.
The new CEO has been a SUPERVALU INC. (NYSE:SVU) director since 2006 and the non-executive chairman of the Board since 2010. Prior to joining SUPERVALU’s board, Sales was the former vice chairman of Canadian Tire Corporation Limited (TSE:CTC) (TSE:CTC.A) and its president and chief executive officer from 2000 until 2006.
Dov Gertzulin's DG Capital has had a rough start to the year. According to a copy of the firm's second-quarter investor update, which highlights the performance figures for its two main strategies, the flagship value strategy and the concentrated strategy, during the first half of 2022, both funds have underperformed their benchmarks this year. The Read More
The ousting of Heckert comes after the company has endured difficult times, especially in this month. We reported back on July 16that it had announced a terrible first quarter earnings report followed by a suspension of its dividend. It also said it would either sell all of part of SUPERVALU and hired Goldman Sachs Group, Inc. (NYSE:GS) and Greenhill & Co., Inc. (NYSE:GHL) to advise.
On July 16, the Wall Street Journal reported that Supervalu had opened its books up to the private-equity firms Cerberus Capital Management, Kohlberg Kravis Roberts & Co. and TPG Capital; C&S Wholesale Grocers Inc. was also expected to take a peek.
By July 13, the company had hit a 32-year low in its stock price and through last Friday, it had dropped further, losing 75 percent of its value.
With the change in leadership what can investors expect?
Sales said in Monday’s release, “In my new role, I will work closely with our leadership team to improve our sales and earnings trajectory and generate long-term shareholder value, focusing relentlessly on identifying factors that will drive meaningful improvements in our strategy execution an


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Audi has taken its path to electrification with the Audi RS e-tron GT 2022, a high-performance flagship EV for the brand. It has taken pride in taking the crown for not just the quickest-accelerating EV, but also the quickest-accelerating production car in India.
Car News: Get the latest car news, upcoming cars, and real-time car updates from the Indian as well as the international automotive industry. Read all news about the latest cars – the launch, updates, price, specifications, features, performance, review, comparison, and many more…
After having seen the sister car Skoda Slavia & having seen the teasers and more, here we now present to you the unveiled look of the new Volkswagen Virtus 2022. Having made its world premiere, India will be the first market for Volkswagen Virtus to go on sale in. Although Volkswagen already sells the Virtus abroad as its global midsize sedan, the model unveiled here is its Made-in-India facelift that will be sold in over 25 countries which will be replacing the aging Vento sedan the company’s Indian range.


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Germany remains the largest single export market for British goods outside of
the USA, and Europe's largest economy – with a GDP of more than €2.4
trillion – continues to defy
the eurozone downturn. So it's no surprise that UK companies want to
hire employees who know their umlauts from their eszetts.


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According to official statistics released by the General Department of Viet Nam Customs on November 21, 2022, the total import-export value of the whole country in October reached US$58.27 billion, a slight increase of 0.1 percent (equivalent to an increase of US$67 million) compared to September.
The trade balance of goods in October recorded a surplus of US$2.47 billion, bringing the goods trade surplus in 10 months this year to US$9.59 billion. Specifically, exports in October 2022 reached US$30.37 billion, up 1.9 percent (equivalent to US$552 million in absolute terms) compared to the previous month.
In the first ten months of 2022, the total export value stood at US$312.94 billion, up 16 percent (equivalent to US$43.1 billion) over the same period last year. On the contrary, imports of goods in October 2022 were estimated at US$27.9 billion, down 1.7 percent (equivalent to US$485 million) compared to the previous month.
Some good groups witnessing a sharp decrease in import value include machinery, equipment, tools and spare parts (down US$309 million); crude oil ($224 million); computers, electronic products and components (US$221 million); raw materials for textiles, leather and footwear (US$105 million).
Regarding the import-export market in January-October period, Viet Nam's goods trade with Asia reached US$398.41 billion, accounting for 64.6 percent of the country's total trade volume.
Trade value with America reached US$131.23 billion, up 16.8 percent; Europe - US$64.7 billion, up 8.9 percent; Oceania - US$15.02 billion, up 30.4 percent and Africa - US$6.94 billion, down slightly by 1.5 percent compared to 10 months of 2021.
The import-export value of FDI sector in the first ten months rose 14.6 percent on year to US$428.99 billion./.


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The nation’s industrial production index last month shrank 3.56 percent from a year earlier, after last month falling 4.8 percent, as surging inflation and tightening monetary policy dampened consumer electronics demand, the Ministry of Economic Affairs said yesterday.
The manufacturing production index, a major contributor to industrial production, last month contracted 3.4 percent from a year earlier and is expected to extend its downward trend at an annual rate of 5.9 to 8.8 percent this month, or a monthly rate of 0.7 to 3.7 percent, the ministry told a news conference in Taipei.
However, the ministry still predicts the nation’s manufacturing sector to register annual growth for the whole of this year, it said.
“There is a slim chance for the manufacturing sector to dip into negative territory for the full year,” Department of Statistics Deputy Director-General Huang Wei-jie (黃偉傑) said. “The manufacturing production index should still gain about 1.6 percent, or 1.9 percent year-on-year in the first 11 months of this year, factoring in our estimates for this month,” Huang said.
Unless the manufacturing production index tumbles more than 10 percent year-on-year next month, an annual fall rarely observed, the index would stay above last year’s figure, he said.
However, the ministry does not hold an upbeat outlook for the sector for the first half of next year, saying that the semiconductor industry seems to be losing steam as the dedicated subindex posted two monthly declines in a row.
Being a major part of the local manufacturing sector, chipmakers usually help buoy slumps in other sectors, especially the traditional industries, the ministry said, adding that global economic uncertainties would continue to weigh on the traditional industries.
“We are more concerned about the outlook for next year because of the weaker semiconductor sector. Some semiconductor companies told us that they have adjusted capacity utilization to cope with slumping demand for chips used in smartphones and other devices,” Huang said.
“The manufacturing sector is likely to face headwinds in the first half of next year before the industry’s inventory correction period ends. We will be closely monitoring the development in the next two months,” he said.
The electronic component subindex last year rose 2.09 percent year-on-year, but was down 0.98 percent monthly. The semiconductors production subindex expanded 14.28 percent year-on-year due to robust demand for 12-inch wafers, but dropped 1.45 percent on a monthly basis.
The flat-panel display segment posted the deepest slump with an annual rate of 53.64 percent, but it rebounded 2.47 percent from a month earlier, snapping six months of declines.
Flat-panel display makers have seen new orders trickling in, thanks to robust demand to build up inventory ahead of the year-end holiday shopping season, Christmas, and the FIFA World Cup, the ministry said.
The production of computers and optical components expanded 13.53 percent year-on-year on the back of robust demand for cloud-based servers, networking devices and computer-related components.
Two US Federal Reserve officials reinforced expectations the central bank would slow their pace of interest rate increases next month, even as they stressed the need to keep tightening. San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester said during separate remarks on Monday that inflation remains too high and policymakers have a way to go before completing their tightening campaign. However, they both characterized the need for officials to be judicious as they calibrate policy. “I think we can slow down from the 75 at the next meeting, I don’t have a problem with that,” Mester said during
‘SEASONED’: Chiang Shang-yi is to help guide Hon Hai’s global semiconductor development strategy as the firm accelerates the pace of capacity deployment Hon Hai Technology Group (鴻海科技集團) has hired former Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) cochief operating officer Chiang Shang-yi (蔣尚義) as a strategy officer to assist its semiconductor business development, the group said yesterday. Chiang’s appointment took effect immediately. He is to report directly to Hon Hai chairman Young Liu (劉揚偉). Chiang was the central figure in TSMC’s technology advancement, and once considered a potential successor to TSMC founder and former chairman Morris Chang (張忠謀). He spent the past few years in China assisting Chinese chipmakers Semiconductor Manufacturing International Corp (中芯國際) and Wuhan Hongxin Semiconductor Corp (武漢弘芯半導體). Chiang on Oct. 18 attended a
PRIORITY SHIFT: TSMC previously said it would build two new fabs in Kaohsiung, but earlier this month said it was postponing construction of a 7-nanometer factory Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that construction of a factory in Kaohsiung to produce 28-nanometer chips is under way, with mass production set to start in 2024. TSMC, the world’s largest contract chipmaker, made the announcement after reports about the company’s capacity expansion plans in Kaohsiung. Industry insiders said that TSMC on Friday awarded the contract to build the new fab to Fu Tsu Construction Co (互助營造). The chipmaker, a major Apple Inc supplier, did not directly respond to the reports, saying only that construction had started following the completion of land grading. TSMC previously said it intended to build a
More than 20,000 employees at Apple Inc supplier Foxconn Technology Group’s (富士康) huge Chinese plant, mostly new hires not yet working on production lines, have left, a Foxconn source familiar with the matter said yesterday. The departures from the world’s largest iPhone factory dealt a fresh blow to the Taiwanese company, which has been grappling with strict COVID-19 restrictions that have fueled worker discontent and disrupted production ahead of Christmas and January’s Lunar New Year holiday. Concerns are mounting over Apple’s ability to deliver products for the busy holiday period as the worker unrest lingers at the Zhengzhou plant, which produces the


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The Scoop: Pop punk outfit New Found Glory has announced that they will be releasing a brand new live album titled Kill It Live, which is slated for release on October 8th. Along with the live material, the effort will also include three brand new tracks. You can check out an announcement from the band below.
The Spin: Sure it’s not the brand new full we’re all impatiently awaiting for, but it’s essentially the next bast thing. Kill It Live is going to be a must for any fan of the band, new or old – so be sure to mark your calendars for October 8th!
The Question: Are you excited for the record? What’re your expectations for the three new tracks? Let us know in the comments below!


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The merchandise manager for Regency Furniture died unexpectedly this week at 66
FREDERICK, Md. — Tawny Lam remembers meeting Tim Connors for the first time back in 1996 at a San Francisco furniture market. She was just starting out as a distributor selling lacquer chairs in a small booth at the show. He was a buyer for Marlo Furniture.
And right away, he tested her knowledge and integrity, said Lam, now CEO of Diamond Sofa. She was there trying to sell chairs in packs of six, 12 and 20 and it was a tough go. Connors stopped by on the last day of the market. He surprised her when he said he wanted to know the price for 180 chairs.
“He knew I was green. He knew I was inexperienced,” Lam said. He was buying thousands of chairs like hers so he knew his stuff, “But he gave me a chance to prove I had something. Maybe he believed in me.”
And three months after placing that first 180-chair order, Connors gave Lam her first container order while also referring her company to another Top 100 North American retailer, The Brick. Together Marlo and the Brick ordered a total of 15 containers and Tawny Lam was on her way. He was her introduction to container business and the nation’s top furniture retailers all rolled into one.
Connors, a more than 45-year-veteran of the furniture industry and most recently merchandise manager for Brandywine, Md.-based Regency Furniture, died unexpectedly Tuesday, Jan. 18, at the age of 66. He was being remembered by industry friends this week for his buying and marketing savvy; for his uncanny ability to negotiate deals in a way both parties came out winners; for the time he took to mentor others like Lam; and for his ability to make friends at every turn.
“He always had a great outlook on life. People gravitated toward him,” said Mark Stuart, President of Regency Furniture (which now owns the Maryland-based Marlo) and Connors’ friend of 37 years.
He was a mentor to me and to many in the furniture industry. Anytime you had a question about anything, — a career opportunity, merchandising, just any aspect of business, he was (there for you). Everybody loved him, and once you met him, you wanted to be his friend for life.”
Connors, who placed Stuart in his first buying position, got his own start in the furniture industry as a store merchandise manager with the former Levitz back in the mid 1970s. He’d go one to spend most of his career as a merchandise manager for Marlo, but detoured for a while when he left to join the now defunct importer Collezione Europa as vice president of sales and marketing. It wasn’t for him, friends say. He was a retail merchant at heart, and eventually made it back to retail, joining Regency about eight years ago.
“Tim was probably one of the best closeout buyers in the history of the furniture business,” said Bob O’Neil, founding director of The Monday Company, a closeout liquidator and buyer. Indeed O’Neil credits Connors with helping him successfully navigate the biggest deal in Monday’s history. It was back in the late 1990s. The company had bid on and won the remaining $9 million inventory of Singer Furniture, which had shuttered its North American operations.
“He was instrumental in how we divided it up between three retailers,” O’Neil said — Marlo, Art Van and Haynes Furniture. Each one gave Monday a $1 million transferable letter of credit and then took turns picking furniture groups. It was like the NFL draft. The inventory was divvied up, and everyone walked away happy. O’Neil said he never could have pulled it off without Connor helping quarterback.
“Tim went to every show there was — San Francisco, Atlanta , Dallas — a;ways with a smile on his face,” he said. “Sometimes with closeout buyers, it’s an adversarial relationship because they’re trying to get the lowest price, the best terms, and they’re negotiating tough.
“But he was just the opposite. He was friends with everybody. He was a negotiator, but he didn’t get mad if you said ‘No.’
Lam struggled to compose herself when talking about Connors and what his friendship and willingness to take a chance meant to her. She said his toughness as a negotiator was, of course, good for Connors and his business, but it was good for her, too. It gave her the opportunity to grow, hone her business and become better, too. Five years after that first big container order, Lam was able to open a leather upholstery factory in Thailand, and Connors became a regular customer.
“He’s a great buyer,” she said. “He has a good eye. He always knows the value of the products. When he looks at the souffle, he knows the ingredients inside. That’s Tim. That’s how I’ll always remember Tim — as a mentor and friend.”
Friends also say Connors was just as attentive and wrapped up in his family as he was in the industry. O’Neil spoke to him about two week before he died, and he was going on about how his two children had come home for the holidays, how they had gotten to spend time together, go to a football game together.
He leaves behind that family, his wife Shawn Connors, daughter Jenna Connors, son James Connors and a brother and sister. Memorial donations may be made in his name to The Childrens Cancer Foundation.


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Los Angeles Police Department Senior Lead Officer Philip Enbody notified Brentwood residents that mail is being stolen from mailboxes around the community. In place of the mail taken, suspects have left voter registration cards for Riverside County.
All mail thefts are a Federal Crime and investigated by U.S Postal Service.
To protect against mail theft, Enbody suggests:
- Use the letter slots at your post office to mail letters, or give them to a letter carrier.
- Pick up your mail up promptly after delivery. Never leave your mail in your mail box overnight.
- Install a locked mailbox.
- Don’t send cash in the mail.
- Pay bills with an electronic bill payment service.
- Ask your bank for "secure" checks that can’t be altered.
- Have your local post office hold your mail while you’re on vacation.
- Exchange work and vacation schedules with trusted neighbors, so you can watch each other’s mailboxes.
If you see someone stealing mail, call 911 immediately; give the operator the suspect and vehicle descriptions.
If you have been a victim of mail theft, contact the U.S. Postal Inspector immediately. Call (877) 876-2455.
Enbody urges residents to contact him if you have been a victim of a mail theft, so he can alert the basic car officers working Brentwood of the crime.


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Nintendo has revealed that its much-flaunted new Wii channel, Check Mii Out, will hit consoles in the US on November 11.
If you've not been keeping tabs, Check Mii Out offers Wii users the chance to show off their fancy Mii creations, via the Posting Plaza. Here, you can submit, exchange and browse other Miis either in your own region or worldwide.
Users are free to browse a random selection of 1,000 Miis, or just pop their eyeballs over the channel's current and all-time favourites. Searching by creator or unique Mii number, amongst a variety of other options, it's even possible to target your favourite Miis or import them onto your own Wii.
Nintendo is also promising a contest section where users can compete in numerous challenges, creating Mii based around a specific person, character or theme. Examples include Abraham Lincoln, the Tooth Fairy and "the biggest bully ever". Users can then vote on submissions to determine the winner. Apparently contests will run for two weeks each, week one for Mii creation and submission, week two for voting.
George Harrison, Nintendo of America's senior vice president of marketing and corporate communications, noted, "The Check Mii Out Channel lets people show off their Mii creations and vote on those created by others. It's yet another way that we're building fun, interactive communities of Wii owners without charging them extra for the privilege." Zing!
So far, Nintendo is yet to reveal details for the European release of the Check Mii Out Channel. However, whispers suggest we won't have long to wait following the US launch at all.


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PanTerra Networks Named to Inc. Magazine's 500|5000 List
Inc. magazine has selected PanTerra Networks to its 500/5000 list for the second consecutive year, the company has announced.
Being the most comprehensive look at an important segment of the US economy -- SMBs and independent entrepreneurs -- the Inc. 500/5000 list is an exclusive ranking of the nation's fastest-growing private companies. Median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent, in a stagnant economic environment, the company stated in a press release.
Arthur Chang said, "It is a privilege to be recognized by Inc. magazine for a second consecutive year along with the other strongest revenue growth companies in the US. PanTerra is very fortunate for the rapid adoption of cloud-based unified communications services for SMB enterprises. Consistent demand for our advanced Cloud-UC services across many industry verticals has enabling us to continue our rapid growth."
Showing an increase of up 14 percent from last year, the companies on this year's list have reportedly created 350,000 jobs in the past three years and aggregate revenue among the honorees reached $366 billion. Among other prominent brands featured on this year's list, PanTerra Networks joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane.
Inc. is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders and it was founded in 1979 and acquired in 2005 by Mansueto Ventures LLC.
In July 2010, the company announced that it has introduced a free UC service, TryUC, a Business to Customer Communications (B2C) cloud-based service that provides businesses of WorldSmart a competitive advantage. TryUC is a free version of the company’s WorldSmart unified communication service. It can be used to augment sales, productivity and customer satisfaction. It is neither a trial app nor a "timeout" app. PanTerra's WorldSmart is a cloud-based UC solution.
Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.
Raju Shanbhag is a contributing editor for unified communications. To read more of Raju’s articles, please visit his columnist page.
Edited by Rich Steeves


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Barney’s Arrests A Black Teenager
A man is suing high-end clothing store Barneys because he was detained by police shortly after buying a $349 designer belt.
Trayon Christian, 19, advised The brand new York Day by day Information that he filed a lawsuit against the chain because staffers “didn’t imagine a younger black man could presumably afford to buy such an costly belt.”
Christian is an engineering scholar at the brand new York Metropolis of Know-how who used his work study paycheck to purchase the Salvatore Ferragamo belt, according to NYDN.
He said he gave the store affiliate his debit card and driver’s license.
However as he left the shop, things allegedly bought ugly.
In response to Christian, he was confronted by two police officers and accused of using a faux debit card to make the acquisition.
He was then taken to police headquarters and detained shortly. Finally, Christian was cleared. When you loved this informative article and you would love to receive more information about Salvatore_Giuliano please visit our own web site. He filed go well with against each the department store and the police division in Manhattan Supreme Court, based on CNN.
Barneys gave stylite.com this statement:
“Barneys New York sometimes doesn’t comment on pending litigation. In this occasion, we really feel compelled to note that real ferragamo buckle after rigorously reviewing the incident of last April, it is obvious that no employee of Barneys New York was involved in the pursuit of any action with the person aside from the sale.


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From aluminum to carbon fibre, there’s no shortage of alternative materials automakers are experimenting with. The latest? Wood.
Set to debut at next month’s Milan Design Week, the electric-powered Toyota Setsuna concept presents a unique idea for using renewable materials in cars. It uses a variety of Japanese wood inside and out, including cedar for the body panels, frame made out of birch and conventional lumber for the seats and floor.
Toyota has also used okuriari – a traditional Japanese technique – to assemble the the Setsuna. The exterior panels are completely smooth; you won’t find any screws or nails holding the body together.
But why wood? Toyota rationalizes it’s choice for the Setsuna, which is the Japanese word for “moment,” by emphasizing the personal attachment the Setsuna would share with it’s owners, making it more than just a material possession.
“With the Setsuna concept, [we are] expressing the notion that, as a family accrues time and experiences together with their car, lovingly caring for it and passing it on to the next generation, that car will acquire a new type of value that only the members of that family can appreciate,” Toyota said.


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These three Stocks Could be Huge Winners From Another Round of Stimulus Check The U.S. government is actually negotiating another multi trillion dollar economic help program. These stocks are positioned to gain from it. However do not forgot Western Union.
Over the past a couple of days, political leadership in Washington, D.C., appears to have been trapped in a quagmire as talks about a potential second round of stimulus cannot get beyond speaking. But, there are indications that the current icy partisan bickering might be thawing.
House Speaker Nancy Pelosi as well as Treasury Secretary Steven Mnuchin (who is that represent President Donald Trump inside the discussions) have reportedly produced some improvement on stimulus negotiations, as well as the economic comfort package being negotiated seems to be for anywhere between $1.8 trillion as well as $2.2 trillion. Whatever is agreed to will likely include another issuance of $1,200 stimulus inspections for qualifying Americans and will likely be the centerpiece of each deal.
If the two sides are able to hammer out there an arrangement, these checks might unleash a brand new wave of spending by U.S. consumers. Let us have a look at three stocks that are well-positioned to reap the benefits of another round of stimulus checks.
There is very little uncertainty that Walmart (NYSE:WMT) was a major beneficiary of the first round of stimulus checks. Spending at the discount retailer surged in the lots of time as well as weeks after signing of the Coronavirus Aid, Relief, in addition to Economic Security (CARES) Act on the tail end of March. Many Americans had been today looking at the lower price retailer, thus it is not surprising that a chunk of people stimulus checks would end up in Walmart’s bucks registers.
During the conference call inside May to explore first quarter earnings benefits, the subject matter of stimulus came up on twelve separate events. CEO Doug McMillon said the business saw increases throughout a range of retail categories, including apparel, televisions, video gaming, sporting goods, and also toys, noting that discretionary spending “really popped to the conclusion of the quarter.” In addition, he stated that sales reaccelerated in mid April, “as federal government stimulus money hit consumers.”
In the six weeks ended July thirty one, Walmart’s net product sales climbed much more than 7 % year over season, while comp sales in the U.S. in the course of the second and first quarters enhanced 10 % and 9.3 % respectively. It was pushed in part by e-commerce sales which soared seventy four % in the very first quarter, followed by a ninety seven % year-over-year increase in the next quarter.
Given its stunning performance so much this year, it’s easy to see this Walmart would once more be an enormous winner from another round of stimulus inspections.
Parents showing their young child the best way to paint a wall with a roller.
The combination of remote work and stay-at-home orders has kept individuals sequestered in the homes of theirs such as never before. Many folks were forced to reimagine their living spaces as gyms, movie theaters, restaurants, and home offices , a sensation that was no uncertainty accelerated by the earliest round of stimulus payments.
Additionally, the quantity of time and cash spent on entertainment, traveling, as well as dining out was seriously curtailed in recent months. This simple fact of life throughout the pandemic has resulted in a reallocation of the funds, with a lot of customers “nesting,” or shelling out the money to boost life at home. Arguably very few businesses are positioned at the intersection of those people 2 trends much better than do retailer Lowe’s (NYSE:LOW).
As the pandemic pulled on, customer behavior shifted, with an escalating focus on home improvements, repairs, remodeling, renovations, and upkeep and away from the above mentioned parts of discretionary spending.
There is little doubt customers have turned to Lowe’s to upgrade their living spaces, as evidenced through the company’s recent results. For the quarter concluded July thirty one, the company reported net sales which grew 30 %, while comparable store sales jumped thirty five %. Which translated into diluted earnings a share which increased by seventy five % season over year. The results were supplied with a significant boost by e-commerce sales which soared 135 %.
The pandemic is ongoing, without end in sight. With this as a backdrop, consumers will likely continue spending heavily to improve their quality of life at home, and if Washington unleashes another round of stimulus inspections, Lowe’s will without a doubt be one of the distinct winners.
Couple lying on floor at home shopping online with charge card.
While managing at the world’s biggest online retailer was much more reticent to go over how the government stimulus affected the company, Amazon (NASDAQ:AMZN) was undoubtedly a beneficiary of the very first round of relief inspections. although additionally, it benefitted from the widespread stay-at-home orders that blanketed the country. Shoppers increasingly turned to e commerce, largely staying away from merchants which are crowded for anxiety about contracting the virus.
Data released by the U.S. Department of Commerce illustrates the magnitude of the change. During the second quarter, online sales enhanced by over 44 % season over year — even as total retail sales declined by 3 % during the same period. The spike in e-commerce sales increased to 16 % of total retail, up from just ten % in the year ago period.
For the next quarter, Amazon’s net product sales jumped forty % year over season, while its net income increased by an eye popping ninety seven % — despite the company spent an incremental four dolars billion on COVID-related expenditures.
Amazon accounts for about forty % of all online retail inside the U.S., according to eMarketer, for this reason it is not a stretch to assume the company will pick up a disproportionate share of the following round of stimulus checks.
The chart tells the tale It is crucial to understand that while there could soon be an additional economic help package, the partisan gridlock which pervades Washington, D.C., could very well go on for the foreseeable long term, casting doubt on if an additional round of stimulus checks will ultimately materialize.
That said, provided the amazing financial results produced by each of those retailers as well as the overriding trends driving them, investors will likely reap the benefits of these stocks whether there is another round of economic inducement payments or not.
Where to devote $1,000 right now Before you decide to think about Wal-Mart Stores, Inc., you’ll want to hear that.
Investing legends and Motley Fool Co-founders David and Tom Gardner just revealed what they believe are the 10 most effective stock futures for investors to buy right now… and Wal-Mart Stores, Inc. wasn’t one of them.
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Portlaoise Mail centre.
A Laois TD has highlighted the importance of the mail centre in Portlaoise which was the subject of a special Christmas report by RTÉ.
The RTÉ report said An Post is reporting well over twice the normal volume of mail and parcel traffic this Christmas. Much of it was handled by its Portlaoise centre which was described as being is one of the company's busiest mail centres in Ireland and a hub for international parcel traffic.
Teresa Mannion reported that workers at At Post centres worked round the clock shifts - sorting and handling Christmas cards, letters and gifts to ensure they reach their destinations in plenty of time.
Sinn Féin TD Brian Stanley questioned the CEO of An Post before an Oireachtas Committee and raised the issue of the Post Office Network as well as the importance of the mail
In relation to the Portlaoise Mail Centre he stated the Mail Centres are a very important pillar of the post office network especially the Portlaoise centre.
“A new parcel
"It is only 1km from both the M7 and M8 motorways and it is within easy reach of the main rail line. The Portlaoise Centre is
“It employs over 200 people in Portlaoise with 180 extra staff during the Christmas period. It also has the customs facility in Portlaoise,” he said.
An Post reporting well over twice the normal volume of mail and parcel traffic this Christmas pic.twitter.com/ajmgHZLj50— RTÉ News (@rtenews) December 18, 2017
“The continued uncertainty around the Mail Centres cannot continue and a decision needs to be made on their retention.
"Portlaoise Mail Centre is important to both the people and economy in Co Laois and is a substantial facility that would be detrimental to the town if lost.”
Deputy Stanley said his party is very concerned about future of the post office network in rural Ireland.
"We have argued for the expansion of services provided by post offices, such as
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This week our Irish Whiskey News features articles on Chapel Gate launching tequila cask finished whiskey and The Shed Distillery reports profits of €1.78 million.
So let’s see what’s happening this week in our Irish whiskey news.
To make JJ Corry the Battalion, the Irish bonder decanted grain spirit that had aged in ex-Bourbon casks into mezcal and Tequila casks, and single malt from Bourbon barrels into mezcal casks. After maturing for seven months, a blend of grain spirit matured in Tequila and mezcal casks was combined with the mezcal-influenced malt. The finished spirit is made with 60% nine-year-old grain and 40% 13-year-old single malt.
The Battalion is said to have green herbal notes and the “slightest touch of agave” flavours. Louise McGuane, the founder of Chapel Gate, said: “As modern bonders we do exactly as JJ Corry would have done, use the casks at his disposal to impart unique flavours in his blends. JJ had access to rum, Bordeaux and Sherry casks; we are lucky enough to be able to look as far afield as Mexico and beyond for flavours that work with.
The maker of Drumshanbo Gunpowder Irish Gin has reported profits of €1.78 million for 2018. “This is a long-term business and one that is very demanding on cash so every bit of money we make is going back into the distillery. We need to be making this kind of return at the very minimum to grow the business into a global brand,” distillery owner Pat Rigney said.
The company recently installed a new still and built a bottling facility at its Leitrim distillery, and is working on a new €2 million visitor experience centre that is due to open early next year. In addition, it is continuing to lay down whiskey stocks ahead of the launch of its first brand in early 2019. The Shed Distillery intends to produce about 25,000 litres of whiskey a year initially, with the first batch of stock having been laid down in December 2014.
Its flagship product, however, is Drumshanbo Gunpowder Irish Gin, which reached a major milestone in 2018, selling more than 100,000 cases and boosting turnover to more than €7 million. The drinks maker more than doubled its 2017 exports of the gin last year and sold over €4.5 million worth of product across 30 international markets including the UK, US, Russia, Australia, Israel, India, South Africa and Iraq.
Thanks again for reading our Irish Whiskey News.
The Whiskey Experts
The Whiskey Experts – Irish Whiskey News © 2019


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Recently, OnePlus CEO Pete Lau revealed that OnePlus will be launching the OnePlus Watch in 2021. The smartwatch is expected to go official in the beginning months of the coming year. Fresh leaks reveal that the brand is also working on a fitness tracker. The entire specs along with its expected pricing have appeared through different sources.
According to Android Central, OnePlus could be aiming it smartwatch to upmarket buyers, whereas the OnePlus Band could be arriving as a budget-friendly product. In terms of appearance, the OnePlus Band may look a lot like the Xiaomi Mi Band 5.
It is expected to arrive with an AMOLED display, a full-day battery life, and water-resistance. It is likely to debut in Q1 2021 with a price tag of under Rs 3,000. India could be the first market to receive it.
OnePlus Band Specifications (Rumored)
Tipster Mukul Sharma has revealed through his YouTube video that the OnePlus Band will be available in three colors like Black, Navy, and Gray. It will weigh only 22.6 grams. The smart band will come with 5ATM and IP68 ratings.
It will come with a 1.1-inch AMOLED display that will produce 126 x 294 pixels resolution. It will have a 100mAh battery with up to 14 days of battery life. The device will carry support for wired charging.
With Bluetooth 5.0, the OnePlus Band can be paired with Android 6.0 and above devices. Support for iOS devices will be available after the launch of the device. It will come with support for sensors like the blood oxygen sensor, 3-axis accelerometer, gyroscope, optical heart-rate sensor. To know more about OnePlus Band leak, readers can checkout his YouTube video.


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ECONOMYNEXT – Sri Lanka’s tea and oil palm farming companies are likely to be hit from a fertilizer ban Fitch Ratings said though prices may rise to compensate, Fitch Ratings said as imports were curtailed after money printing created forex shortages.
“Fitch views the current ban on the importation of chemical fertilisers as a credit negative for rated corporates such as Kotagala Plantations PLC and Sunshine, given their exposure to palm oil plantations,” the rating agency said.
“On 6 May 2021, Sri Lanka banned the importation of chemical agricultural inputs such as fertilisers on health grounds, and the government estimates this will conserve around USD400 million of outflows per annum.”
Sri Lanka has been facing foreign exchange shortages as money was printed (reserve money inflated with the acquisition of domestic assets) in a soft-pegged monetary regime, forcing the central bank to redeem the new rupees against forex reserves to maintain the de facto peg.
Instead of stopping the liquidity injections, authorities have tried to control imports, in a blatantly Mercantilist response.
According to The Colombo Tea Traders Association, local tea output could fall by as much as 40 to 50 percet if the ban continues.
“Industry sources believe the government has sufficient stocks to supply chemical fertilisers for the next 12 months, but there is limited visibility beyond that horizon,” the rating agency said.
“Unlike Kotagala, Sunshine can resort to using readily available organic fertiliser from its dairy operations as an alternative to chemical fertilisers, which should help to mitigate the drop in crop yields to an extent.”
Fitch said local tea prices would rise if the fertilizer ban continues.
“Fitch believes tea plantations may find it challenging to offset the decline in yields via higher tea prices,” the rating agency said.
“We estimate that tea prices of more than USD5 per kg will be required to offset the potential output fall resulting from the inability to use chemical fertiliser in the near term.
“We expect local tea prices to rise if the ban on imported fertiliser remains in place for an extended period due to supply constraints as well as its new organic appeal.
“However, the highest recorded tea price at the Colombo auction historically was USD4.30 per kg in September 2017.”
Sri Lanka’s tea prices have declined in recent months. Industry officials say quality has declined with the ‘succulency’ of teas coming down in some areas, though no scientific research has been published to link fertilizer shortages to the drop in quality. (Colombo/July24/2021)


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Microsoft in talks about the acquisition of a Polish studio - rumor
The company could not be finished with the strengthening of the Xbox Game Studios setup.
Microsoft has acquired aggressively new studios in the last one and a half years, but though they said that they will focus on providing content with these studios, rather than buying more, they also said they are also with acquisitions still not ready. And if you want to believe a recently published report, Microsoft may want to record a Polish developer in the Xbox Game Studios series.
During his podcast, the Polish filmmaker Borys Nieśbielak (director of a documentary film about the development of indigenames titled _Wir are in order) said that Microsoft representatives were recently in Poland, because the company is reportedly interested in new studios that they are interested in can acquire (translated by Twitter users S3V8). Nieśpielak said he sure he knows that Microsoft has spoken with at least one studio, but it is not yet known if she still bought someone.
From all studios in Poland, who come to mind, there is at least a couple we can exclude - one of them is CD project that has an absolutely massive rating. There are also Techland, which may not be as big as CDPR, but still a big company is - for Microsoft you would certainly be a big profit, but it also seems less likely to agree with a acquisition.
There is Bloober team, the developers of blair-witch and the schichten the fear games and 11-bit studios (frostspunk), but apparently Microsoft has not acquired any listed companies in the past. That would leave people like People Can Fly, The Astronauts and The Farm 51 - and from these seems People Can Fly to be the most likely partner for Microsoft, which has already been worked Tahn wheels of war: judgment.
Wenn That's even true, that is. There is no guarantee that it is a salt grain. In relatated news, however, Head of the Xbox Phil Spencer War He recently talked about the possibility of further acquisitions in the future and apparently has an eye on Asian developers.
https://twitter.com/s3v8/status/1207677031196037133 https://twitter.com/s3v8/status/1207677168031076355 Tagged with: Microsoft, PC, Xbox Games Studios, Xbox One, Xbox Series X


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A latest report released by World Bank suggests new figure on biggest economy in the world. It also shows how six largest middle income economies account for 32.3 percent of world GDP: China, India, Russia, Brazil, Indonesia and Mexico.
The report was made based on the 2011 International Comparison Program (ICP), which assesses economies based on purchasing power parity (PPP). The ICP round gathered over 7 million prices from 199 economies in eight regions.
Here the top 9 world’s economy based on PPP: the United States, China, India, Japan, Germany, Russia, Brazil, France and Britain
WB also ranks the five economies with the highest GDP per capita: Qatar, Macao SAR, China,Luxembourg, Kuwait, and Brunei
Instead of GDP percapita, WB offers waealth indicator: actual individual consumption per capita. There are five economies with highest actual individual consumption per capita are Bermuda, United States, Cayman Islands, Hong Kong SAR, China, and Luxembourg.
Discover more WB report here


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The Ghanaian Fashion Industry would experience her first ever International Bridal and Fashion Exhibition come April 14th to 17th.
The exhibition is expected to host 15 different countries including Ghana for the 4-day event.
The event will take place at the Accra City Hotel in Accra.
Fashion brands from France, Turkey, Italy, USA, UK, Egypt, South Africa, China and other countries from the ECOWAS Sub-Region would be participating in this expo.
Different products in the fashion industry would be on display. From gowns, suits, jewelry, make-up products, shoes, beads, clothes, cars, wedding planners, Decorators to floral designs etc would all be showcased at the venue during the period of the fair.
In an Interview with Ntiamoah Williams, the Brands and Communications Manager for the event, he reveals the importance of the event to the Ghanaian fashion industry.
“This event being the first International Bridal and Fashion Expo in Ghana is committed to creating a platform for the transfer of technology and know-how, which will help create sustainable future for the bridal and fashion industry in Ghana.
Again, we would be focused on creating the awareness about the opportunities, challenges, and demands involved in the future of fashion and bridal.
One key thing is, this fair is strategically mounted to showcase Ghana as a leading emerging country dedicated to sustainable development in the fashion world.
We also want to create a one stop shop for all bridal and fashion service providers and their consumers or prospective clients”.


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Takeaway restaurants in the UK could be forced to pay a £1,000 "fat tax" in a new scheme designed to help curb Britain's rising obesity rates.
The idea is set to be trialled in Oldham, where the number of obese children (one in four) was recently found to be higher than the national average.
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A council source told the Daily Mail: "Oldham has reached saturation point with fast food outlets. It is not healthy for our residents and it is not healthy economically."
The "fat tax" would apply to any new business seeking a licence for takeaway food and, along with local kebab shops and chippies, fast food giants such as McDonald's and KFC would also be forced to pay the levy.
However, those branches that with a greater number of seats for "eating in" would avoid paying the fee and those outlets that could prove they were serving healthy food would also be exempt.
Cash raised from the tax would, say council sources, be spent on programmes aimed at encouraging children to eat healthily.
Should Oldham's trial scheme prove a success, other councils may follow suit and draw up their own plans to tackle the problem.
The move has been welcomed by obesity experts.
Tam Fry of the National Obesity Forum said: "As the Government is doing very little so it may be down to local authorities to take action and we would welcome a 'fat tax' on fast food joints - if they are going to cause the problem then they should certainly contribute to the solution."
Business leaders, however, are not so keen. While big names like Burger King and Domino's could easily stump up the £1,000, small businesses forced to pay the tax may struggle.
A Federation of Small Businesses spokesman said: "This sort of local levy is regrettable when it is paying for items that the local authority should be paying for anyway.
"We believe that when this sort of money is charged it should be channelled back into economic development."
Should takeaways be forced to pay a 'fat tax'? Let us know what you think below...


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Columbus-based Prime Equipment Group Inc. has been acquired from the Gasbarro family by JBT Corp. of Chicago for $65 million. Prime is a manufacturer of turnkey primary and water re-use solutions to the poultry industry. The agreement, one of two acquisitions completed by JBT, includes customary post-closing adjustments.
The acquisition is expected to advance JBT’s goal of becoming the preferred provider of full-line solutions for poultry customers with the addition of Prime's primary processing capabilities, JBT CEO Tom Giacomini said.
Prime traces its roots back to 1939 when Italian immigrant Vincenzo Gasbarro immigrated to the United States and began to sell live chickens. Within a few years, the business began selling cleaned birds from their Washington Poultry company in Columbus. After selling the poultry business in 1967, the company went on to manufacture processing machines for Kentucky Fried Chicken, eventually forming Prime Equipment Group.
Prime's latest technologies address pressing needs in the poultry industry in the areas of automation and water re-use, which will further strengthen JBT’s customer relationships, said Paul Sternlieb, JBT's executive vice president and president, protein.
“Prime's annual revenue of approximately $45 million is primarily concentrated in the U.S., and we look forward to leveraging JBT's global reach to accelerate the deployment of the automation and water technology for growth outside the U.S,” Sternlieb said in a statement.
JBT also completed its acquisition of Proseal uk Ltd. in a $280 million deal that was first announced in late April.


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Action Fraud has received several reports from victims who have been sent convincing looking emails claiming to be from Amazon.
The spoofed emails from “[email protected]” claim recipients have made an order online and mimic an automatic customer email notification.
In one example below, the scam email claims recipients have ordered an expensive vintage chandelier. Other reported examples include; Bose stereos, iPhone’s, cameras and luxury watches.
The emails cleverly state that if recipients haven’t authorised the transaction they can click on the help centre link to receive a full refund.
The link leads to an authentic-looking website, which asks victims to confirm their name, address, and bank card information.
One victim lost £750
One victim reported entering his Nationwide banking details and later found out £750 had been stolen from his account.
After the victim notified Nationwide they cancelled the card and refunded the money in full.
Amazon says that suspicious e-mails will often contain:
- Links to websites that look like Amazon.co.uk, but aren't Amazon.co.uk.
- Attachments or prompts to install software on your computer.
- Typos or grammatical errors.
- Forged (or spoofed) e-mail addresses to make it look like the e-mail is coming from Amazon.co.uk.
- Amazon will never ask for personal information to be supplied by e-mail.
- Read more about identifying suspicious emails claiming to be from Amazon.
To report a fraud and cyber crime and receive a police crime reference number use our online fraud reporting tool.


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HUAWEI offers to help reduce P10 display smudging on certain devices in China
It was discovered last month that some of Huawei’s P10 devices didn’t house an oleophobic coating on the display. This is a common treatment for smartphone screens which reduces the appearance of smudges and oil on the glass, so it was a surprise (and disappointment) when it was uncovered that it wasn’t featured on all of HUAWEI’s P10s.
Following complaints, CEO of HUAWEI’s consumer business group Richard Yu has stated that the company will help apply this coating to device’s which lack it in China, via HUAWEI stores. This would generally concern earlier models, as the original issue with the coating’s application (which reportedly pertained to a static electricity build up and Gorilla Glass 5) was fixed for later devices that shipped.
We’ve reached out to HUAWEI to find out if this stands for P10s bought in other regions and will let you know when we learn more.
Meanwhile, Yu also discussed the recent news about the P10 shipping with different memory configurations. According to Engadget, Yu said that a “serious shortage” of flash memory had forced the company to use different (slower) chips in certain devices, but maintained that “a good real-life performance and experience” is still offered by the P10. I’m not sure that’s going to be of much comfort to those now stuck with the lower-performing configuration, but there you go.
As a side note, an oleophobic coating was applied to the screen protectors supplied with the P10, so if you are still using yours, I’d advise you don’t remove it.


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Speedo kicks off digital ad review
Speedo, the swimwear brand, is reviewing its digital account across the UK and Europe.
The brand has approached agencies directly and is expected to appoint an agency to focus on digital communications and its websites in the UK and Europe.
Speedo recently revealed that it plans to drive a deeper emotional connection with consumers as part of its three-year brand exercise.
The brand currently works with a number of agencies on its digital account, including Iris. The shop was behind a campaign that launched last year to encourage consumers to share their most memorable swims and develop an online community, complete with blogs, videos and photos.
The "unforgettable swims" campaign broke across digital, press, retail and promotional and focused on a dedicated website.
Speedo saw huge success at the London 2012 Olympic Games. Close to 60 per cent of gold medallists in the pool wore Speedos.Follow @SaraKimberley
This article was first published on campaignlive.co.uk
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A 50 year-old gold charm bracelet was among jewellery items stolen in a burglary at a property in Rockingham Close, Durrington. Police are appealing for witnesses to the burglary between 1.00 pm and 10.45 pm on Wednesday November 13th.
The jewellery belonging to the elderly victim included neck chains, bracelets and rings. Most of the jewellery is over 50 years old including a nine carat charm bracelet. This bracelet had various charms on it including a “10 shilling note”. The chain is thick linked, with nine carat stamped on each link. Other nine carat bracelets were taken, including one that was “gated”.
PC David Slade said: “This is a despicable crime on an elderly person. I am appealing for witnesses to come forward, and local jewellers along with any cash converter shops, who have been approached by people wishing to sell nine carat gold bracelets.”
Any witness or anyone with information is asked to call 101 quoting serial 1641 of November 13th or email: email@example.com


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Permit or not, those who carry guns in Oklahoma are required to respect the prerogative of individual businesses before taking their weapons onto the property.
However, when the new open carry legislation becomes law on Thursday, some businesses that don't currently publicize a gun policy might find themselves in an awkward predicament.
Many banks, gas stations and professional offices already post on their doors or in their employee handbooks signs and policies that prohibit firearms on the property. Open carry will not change anything for these businesses, except employees now maintain the right to store a firearm in their vehicle on company property.
But some Oklahoma business owners currently comfortable with concealed carry are less excited about the prospect of people carrying their handguns openly inside the premises.
“I think it's less on the intent of the customer and more along the lines of the comfort of our customers,” said Will Miller, co-owner of Absolute Diamond & Gold Buyers, which buys and sells fine jewelry and coins in Oklahoma City. “You know not everybody's comfortable with it and we understand that. I do believe if a customer was to come in with open carry, I might ask, due to the nature of the business, ‘would you please conceal it while you're in the store?'”
Absolute does not have a gun policy stickered to its door, and Miller said he has no intention to put one up. His employees are allowed to carry a gun concealed while at work, and as a security precaution one of his men — a longtime Air Force veteran — carries his openly as a deterrent.
He said he will continue that in-house policy as well.
“Other people don't need to know that I'm carrying. It's not a show of strength, if you will, or something like that,” he said. “I don't mean to draw attention to myself or anything like that; it's there for a purpose and I carry it for that purpose.”
Ian Pugh, co-owner of Charlie's Sports Grill, in Choctaw, and its sister restaurant, Charlie's Lakeside, in Eufaula, has the same attitude.
A former reserve sheriff's deputy, said he supports the right of his customers to carry their weapon concealed. Open carry, however, is a different story.
“You certainly wouldn't want someone sitting on the bar side with a pistol visible, so probably what we're going to end up doing is some creatively worded sign like, ‘No visible weapons,' or something like that,” Pugh said. “Perception is everything in a small town and I would be terrified to get the perception, ‘Don't go there because everybody carries guns.'”
Others said that even after the new law goes into effect, they will continue to operate without a stated policy that trumps the state law.
Barden Kellum, director of operations for OnCue Express, a chain of convenience stores and gas stations based in Stillwater, said that unless there are problems, his company will allow open carrying of firearms by customers.
“I prefer people don't carry guns in the stores, but we're not going to start out that way,” Kellum said. “We're going to start out seeing where this goes, and hopefully we don't have an incident. If everybody's carrying guns maybe employees are safer, or maybe they're more at risk — we just don't know yet. If somebody's going to rob you today, they're obviously not going to show it coming in, so if a guy's coming in, at least you know what you're dealing with because it's visual.”
Mark Lisle, president at the Edmond branch of BancFirst, said his business, too, will continue to operate without a policy that breaks from state law.
“People come in now with concealed guns, we just don't know about it,” Lisle said. “We think it's kind of a nonevent and we're going to see very few customers if any that carry weapons either concealed or open as the novelty wears off and people realize it's kind of cumbersome to carry.”
Roger Beverage, president and chief executive at the Oklahoma Bankers Association, said bank managers will continue to be allowed to make that decision for themselves.
“The most important thing we're doing as an industry is to do everything we can to ensure our customers and our employees are safe,” Beverage said. “We think, generally speaking, every bank has the opportunity to decide for itself whether it wants to prohibit weapons on the premises. Most of them do.”
Bryan Hull, who sits on the board of directors for Oklahoma Open Carry Association, said he and other advocates of open carry will work to support those businesses that respect the new law and to boycott those that don't.
Hull carries in his pocket a stack of cards that he distributes to businesses that do not allow firearms inside. The cards explain the benefits of an armed customer base and suggest a boycott from gun owners should the no-guns policy stay intact.
Over the summer, when officials of Midwest City-based grocery store chain Crest Foods began putting “no handgun” stickers on their doors, open carry supporters inundated the business with phone calls and crashed the company website.
The incident persuaded owner Bruce Harroz to reconsider the policy, he said.
“We're looking toward no weapons allowed, but we haven't pulled the trigger on it yet,” Harroz said. “Everybody's going to be carrying heat, and I don't know how the customer is going to react to that.”
Hull said it's important for Harroz and other business owners to recognize criminals won't respect their anti-handgun policies, and that gun carriers are, necessarily, law-abiding citizens without a criminal record or a record of drug use.
Gun-free zones like college campuses or movie theaters may attract criminals who are not interested in carrying out a robbery or shooting in places where their victims also may be toting guns, Hull argued.
“Understand that 4 percent of Oklahomans have a handgun license, and that number is going up very rapidly,” he said. “There is a very, very large number of gun owners who refuse to do business at a place that puts up these signs.”


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Wall Street Beat: Internet stocks are under the gun
Fierce competition among social media and e-commerce companies, and the need to spend money, are making investors nervous
IDG News Service - Twitter, LinkedIn and eBay quarterly earnings show what Internet companies are up against.
An uptick in IT spending this year is expected to boost sales for tech vendors. But fierce competition among social media and e-commerce companies -- which gives them a voracious appetite for cash to fuel growth -- is making investors nervous about some Internet stocks.
LinkedIn Thursday reported that for the first quarter, revenue was up a healthy 46 percent year over year to US$473.2 million.
"We made significant progress against several strategic priorities including expanding internationally with our China launch, extending our shift to content marketing, and furthering our goal to make LinkedIn the definitive professional publishing platform by giving members the ability to publish long-form content," said CEO Jeff Weiner, in a statement.
Those efforts showed progress financially. Revenue from Marketing Solutions products totaled $101.8 million, an increase of 36 percent year over year.
Various programs designed for the recruitment and job search market also made gains. Revenue from Talent Solutions products totaled $275.9 million, an increase of 50 percent year over year, and sales from Premium Subscriptions products totaled $95.5 million, an increase of 46 percent.
But creating and marketing these programs costs money, and LinkedIn reported a loss of $13.4 million for the quarter, compared to a profit of $22.6 million for the year-earlier period.
Not only that, but LinkedIn forecast 2014 revenue below analyst expectations. It raised its sales forecast for 2014 to $2.06 billion-$2.08 billion, but that was nevertheless below analysts' estimate of $2.11 billion, as polled by Thomson Reuters.
The data shows what Internet and social media companies are facing: expectations for strong growth, but the need to spend money to achieve that growth.
LinkedIn suffers from concerns about slowing growth. Susquehanna analyst Brian Nowak wrote in a research note that LinkedIn is likely to add about 6,800 customers this year, below last year's 8,000. He cut his price target on the company to $200 from $280. More than a dozen other analysts also cut their price targets or recommendations on LinkedIn stock.
In Friday afternoon trading, LInkedIn was down by $8.64 to $152.58.
Twitter's earnings report Tuesday had issues similar to LinkedIn's: top-line growth but bottom-line loss amid concerns about future growth. Twitter reported that quarterly revenue jumped 119 percent year over year, to $250 million. The company, however, suffered a net loss of $132 million compared to a loss of $27 million a year earlier.
Among other things, the company laid out some hefty capital expenditures. Purchases of property and equipment for the first quarter of 2014 were $50 million, while additionally, $17 million of equipment was financed through capital leases.
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Is Tata launching new Nano?
Is Tata launching new Nano?
The much awaited Rs 1 lakh Nano car from Tata Motors would be launched on March 23, Tata Motors said on Thursday. Nano | 20 must-drive vehicles for ’09. NEW DELHI: The much awaited Rs 1 lakh Nano car from Tata Motors would be launched on March 23, Tata Motors said on Thursday.
Is Tata Nano GenX still available?
Tata has stopped the production of Tata Nano GenX. The last recorded price of Tata Nano GenX is ₹ 2.47 Lakh.
Is Tata Nano available in 2020?
3.35 Lakh. Tata Nano GenX Hatchback is available in 6 variants in India. Nano GenX has 5 Petrol, 1 CNG Cars….Tata Nano GenX Variants Price List (2021) in India.
|Tata Nano GenX XTA||Rs. 3.35 Lakh|
|Tata Nano GenX XMA||Rs. 3.15 Lakh|
|Tata Nano GenX eMax XM||Rs. 2.97 Lakh|
|Tata Nano GenX XT||Rs. 2.93 Lakh|
Is Tata Nano a failure?
However, the car faced a lot of technical issues in its initial production run which further contributed to its failure. During the first two years, several Tata Nano cars were reported to catch on fire due to faulty wiring. The Nano had poor ride comfort and stability issues due to the lightweight body.
Is Nano car available in India now?
Nano Latest Update The most affordable car in India is available in five variants – XE, XM, XMA, XT and XTA. Powering all the variants is a 624cc petrol engine generating a modest power of 38PS and 51Nm of peak torque.
Will Tata car prices increase in 2021?
Tata Motors, the country’s largest commercial automaker on Tuesday said that the prices of its commercial vehicles will go up by up to 2 per cent starting October 1, 2021. “The effective price hike, in the range of 2%, will be implemented basis the model and the variant of the vehicle,” the company said in a filing.
Is new Nano car available in India?
Is New Nano available in India?
What are the reason for failure of Tata Nano?
Tata has ceased production of the Nano as marketing errors and a poor safety record failed to entice consumers. In 2009 Tata Motors launched its milestone Nano car brand, marketed as the cheapest car in the world.
Why Tata Nano discontinued?
The Tata Nano was discontinued as the model received poor sales response while another factor was the cost to upgrade the model to comply with the new crash test norms. The Tata Safari Storme was the last update to the legendary Safari brand that made its debut over 20 years ago.
What’s the price of a new Tata Nano?
Tata first delayed the Nano launch and later decided to build the car in a different state, Gujarat, instead. Announced as the most affordable production car in the world, Tata aimed for a price of one lakh rupees, or ₹ 100,000, which was approximately $2,000 US at the time.
What kind of motor is in Tata Nano electric?
Powering the Jayem Neo aka Tata Neno Electric will be a 48-Volt electric motor that will output 23 bhp of maximum power. The new model is likely to have a kerb weight of roughly 800 KGs. The petrol-powered Nano, which comes with a 623cc twin-cylinder engine, weighs upto 765 KGs.
Is the Tata Nano Jayem Neo available in India?
Tata Nano Electric or the Jayem Neo is expected to soon hit the Indian roads. The initial batch of 400 cars will be sold to cab aggregator Ola to run in its Hyderabad fleet. Despite the petrol version of the Tata Nano not doing quite well in the Indian market, it is likely that the small hatch will live on.
Why are people interested in the Tata Nano?
From the perspective of Consumer behavior Tata Nano is a product with complex buying behavior. It is a high involvement product and is sensitive to high differences between various brands. People are concerned about the safety issues so Tata Nano should address the safety needs of the people.


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“We are very excited to get Rajan’s support in our journey. He is one of the most respected names in the tech industry, understands internet retail and the need for better tools for growing e-commerce businesses,” Sharoon Thomas, co-founder and chief executive officer, Fulfil.IO, told DEALSTREETASIA.
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