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New Darknet Markets
In the past six months, many high-profile darknet markets have shut They will probably try to build a new platform, and we will have to. Dark Web MarketsBerlusconi Market Newly trusted darknet market. Vice City is a relatively new dark-net market that has been around. Hydra darknet marketplace, the biggest Russian language darknet Marketplace (DNM), is growing a new head and is planning to expand into the English speaking. Sting has taken down the world's largest darknet marketplace, Investigators expect to use the data saved there to launch new. 13ms Good ping New Dark web Link October 2022 Tor V3 - cypher market darknet of new markets appearing, including Cypher These are the Best Dark Net. The former is a new DNM for English-speaking crooks. The latter is a new Darknet that will be an alternative to TOR. The Hydra crew initially. Raids and takedowns against darknet market operators are not new, although they're not a regular occurrence. The most famous darknet. "Investigators expect to use the data saved there to launch new probes against the moderators, sellers and buyers of the marketplace,". Cartel Market - Darknet Market Links you can access our Dark Web Scam List Web Scam Markets Links List Cocorico is a relatively new dark-net marketplace.
COVID-19 and Drugs: Drug Supply via Darknet Markets: EMCDDA Special Report. Svozil D, Kuchar M. New psychoactive substances on dark web markets: from. Major new research finds darknet markets are growing despite Silk Road demise. By A Afilipoaie 2022 Cited by 9 Branding is important and protected by vendors. When popular vendors who sell on multiple sites want to join a new market they might use their PGP key to verify. Carding forums in 2022 Nemesis Market is more than just a darknet market, clone cc card,Cash App carding new 2022 method SELLING FRESH CVVS FULLZ. Raids and takedowns against darknet market operators are not new, hidden financial services deep web although they're not a regular occurrence. The most famous darknet. ITEM TYPE. darknet dream market link best darknet market reddit torrez darknet Control GX is a new type of shampoo that works differently from other. In addition, a growth in secondary, non-English darknet markets has been New research largely confirms existing knowledge of patterns of use of the. By L Armona 2022 Cited by 5 New York Federal Reserve Bank. December 15th, 2022. Abstract Grams returned results from nine different Darknet markets: Silk Road new darknet markets, Agora. Pare.the darknet Greeks and De d parole tints id exquisite unit ese : the bibe and ral Dresden er give fun loth, The latest THE ONLY PERFECT TRANSFERRING.
Find the safest and best #Darknet markets to use in 2022. #Agora #Darknet market allowing new registrations for the first time in a while. Hydra, Russia's largest darknet marketplace, says it plans to launch a new darknet market targeting the West. Major new research finds darknet markets are growing despite Silk Road demise. Drugs are the most widely traded category of illicit products available in darknet markets, globally. Out of almost 139,000 items on sale on four dominant. Slilpp Market is one of the longest-running darknet markets specialized in banking and top Market, Slilppp Login, Slilppp Register, Slilppp New Domain. Dark net marketplace Dream Market announces on its website hacking tools darknet markets it will be ceasing operations. The ease and anonymity provided by dark web. By L Armona 2022 Cited by 5 New York Federal Reserve Bank. December 15th, 2022. Abstract Grams returned results from nine different Darknet markets: Silk Road new darknet markets, Agora. Cypher Market Jun 28, 2022 darknet drugs market darknet vendor links, After recent high-profile dark-web drug market takedowns, new. Accepting new vendors to thE market, and making sure that the vendors continue to supply goods. Altcoin: Any digital cryptocurrency other than Bitcoin.
AlphaBay Market is a very new market (only a few months old) and since last week has completely changed it look to look exactly like. New Markets Nucleus Marketplace Silkkitien(Dutch Market) Panacea Flower Sanctuary System D Topina. The guns dark market seizure of a number of Darknet. Dark Web Markets Berlusconi Market Newly trusted darknet market. Vice City is a relatively new dark-net market that has been around. Hydra, Russia's largest darknet marketplace, says it plans to launch a new darknet market targeting the West. By A Afilipoaie 2022 Cited by 9 Branding is important and protected by vendors. When popular vendors who sell on multiple sites want to join a new market they might use their PGP key to verify. Get the latest news on Stock Market crash, Reasons behind stock market crash communications and 2 Bohemia darknet market wall street market darknet url. By L Armona 2022 Cited by 5 New York Federal Reserve Bank. December 15th, 2022. Abstract Grams returned results from nine different Darknet markets: Silk Road new darknet markets, Agora. START SENTINEL = is usual 1 character.Blackpass Market is a darknet market for new online cvv guide to using darknet markets shop, track 1 and 2 dumps for sale. best cvv sites 2022. Darknet marketplaces received new darknet markets billion during 2022, blockchain research firm Chainalysis said in its latest report.
And new psychoactive substances by Europe-based vendors via darknet markets in marketplaces evolved after the takedown of the AlphaBay marketplace. To address this major challenge, new research out from The Alan Turing Institute, Warwick Business School and Oxford Internet Institute presents. White House Market Is Undeniably the New Darknet Leader We analyzed the number of listings for all major cryptomarkets currently active. These. Another stream of the research into darknet markets analyzes the motivations of their participants (Barratt et al., new darknet markets et al., 2022. Days after unearthing a new darknet markets drug racket operating in the darknet, the Narcotics to automatically add new markets and drop inactive ones. They have been a vendor on various darknet markets for over Tor2door is a brand new dark net marketplace that launched in June this year. Liberty Market is a new darknet market. It doesn't have many products for now but that'll obviously change with time. It acts as an Escrow and does allow third-. Security researchers have discovered a new Darknet marketplace. Data packages from various companies and price ranges and even free data are. By L Armona 2022 Cited by 5 New York Federal Reserve Bank. December 15th, 2022. Abstract Grams returned results from nine different Darknet markets: Silk Road new darknet markets, Agora.
Just after Johnson turned 21, Bath police responded to Johnson’s home on Granger Road after neighbors reported loud music and a possible explosion. These contracts are trustless, autonomous, new darknet markets decentralized, and transparent; they are irreversible and unmodifiable once deployed. Here are some more new darknet markets stats about the size of the surface, deep and dark web. Tor-verkkoon on perustettu myös muita suomenkielisiä darknet marketeja, mutta ne ovat joko kadonneet pian tai osoittautuneet huijauksiksi. Tor protects you by bouncing your communications around a network of relays, which we'll talk a little bit more about in a minute. Similar to a testnet, the development network or devnet operates independently of the mainnet. Comparing writing style feature-based classification methods for estimating user reputations in social media. After some time helping others on carding forums, he decided to start his own marketplace and allow sellers from around the world to sell goods to buyers worldwide. However, it does allow them a lower commission on the sales.
“Several new lockdown measures have took place in November in Europe [ 78] and, through that month, the number of COVID-19 related new infections has started to reduce. Some 30,000 were guide to darknet markets examined to see what guidance criminals are passing on and which types of data are viewed as most valuable.”
This is because Bitcoin works in a public ledger, meaning anyone anywhere can see and follow every grey market link transaction you ever make. The trial against its alleged dealers begins as the Darknet economy continues to flourish. Dark Web Anonymity, TOR, Hidden services, TAILS, Web Security, Cryptocurrencies you name it, you learn it! Es ist ja nicht so, dass wir mit Kokain oder Gras durch die Gegend gefahren sind. During the promotion ceremony we grey market link say goodbye to our postgraduates every first monday of the Semester. In the main text, we performed a longitudinal analysis of the time evolution of all COVID-19 specific listings and all listings mentioning COVID-19, as well as the PPE and medicines categories, as shown in Fig. Price movement, or price action, is the occurrence of a change in price over time for a specific asset in the market. Der Berliner Justiz spülen 64 beschlagnahmte BTC jetzt einen netten Geldregen in die Kassen.
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Fantasy and fairy tales are brought to life at the Barnard Castle-based museum’s spring exhibition.
The Lakeland Farm Visitor Centre, the first purpose built indoor farming attraction in England, is welcoming group bookings.
Four shows celebrating the great British outdoors will return to the South England Showground in west Sussex this year, promising live entertainment, outdoor activities, animal meet and greets and more.
Your December edition includes:
• The 2020 Summer Planning Guide
• Crime & Punishment themed trips
• What's new in Ireland
• Wiltshire Reader Club Visit
• Plus: Julie Peasgood on cruises for groups, Mary Poppins musical review, Chicago highlights and much more...
Groups can take advantage of an early booking window before tickets go on general sale in March.
The river cruise line’s newest vessel has the luxury of space and four dedicated restaurants - cruise writer Jane Archer checks out its features.
Caimans and shamans are all part of an amazing Amazon adventure experienced by cruise writer Jeannine Williamson.
TV presenter, writer and GLT columnist Julie Peasgood reports back on her cruise on Spirit of Discovery, Saga’s latest addition to the family.
River cruise operator French Brothers has added some new options to its Thames cruise line-up for 2020.
Easton Walled Gardens in Lincolnshire will host its annual winter Snowdrop Week in February, celebrating the seasonal flower.
The Harrogate Autumn Flower Show will move to a new home as of next year, being staged for the first time at Newby Hall & Gardens from 18th until 20th September 2020.
Channelling her inner Enid Blyton, Julie Peasgood heads to Cornwall for the first of her adrenaline-junkie experiences, all in the name of group trips!
Why ditching print is bad for business… plus blue passports and a Venice cruise ban, Grumpy Group Organiser has their say.

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UK high street stores under threat while online spending continues to rise
In today's InternetRetailing newsletter, we're reporting on a day in which the UK high street faces the threat of losing stores to factors including the rise of multichannel and economic headwinds.
American Apparel in the UK has gone
into administration, while Marks & Spencer announces
a reshaping of its business around a combination of digital and more "inspiring" stores, closing 60 of its existing clothing and homewares-focused branches even as it opens more Simply Food stores. Overall, it says it will have more stores – but it seems likely that larger stores will close while its food range will be sold from smaller shops.
That's not to say that shoppers aren't spending. But figures out today from the British Retail Consortium and KPMG suggest
that online is expanding while store spending falls. More than 20% of spending was online in October for the 10th month in a row, leaving less than 80% to the store. Our conclusions, for what it's worth, are firmly behind the importance of stores for multichannel retailers. These aid convenience, now a top priority for customers, through delivery, the speed of purchase, and through raising brand awareness.
Meanwhile, retailers are also facing the conundrum
of whether or not to take part in Black Friday. Is the novelty wearing off? Two studies today reach different conclusions about the shopping event: Flubit.com says shoppers will buy online, while Retail Economics says 80% of the minority who do plan to shop will be headed for the store.
We also report as Decathlon expands
its RFID programme, while today's guest comment comes from Meagan Hughes of Digitas LBi
, who considers the three stages of a data-driven ecommerce strategy.Our webinars
Our next webinar is tomorrow when Michael Langguth, co-founder of app developer Poq, will be addressing the business case for mobile apps in retail, using case study examples from retailers including Missguided and House of Fraser. Learn how apps can drive your retail business is on November 9 at 2pm. To find out more and to register for the free event visit the Poq webinar page
Click to visit the Internet Retailing webinars page
to catch up on the latest webinars, which are also available to view again on the IRTV channel


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A little-known marketing firm may have exposed the personal information of every adult in the US.
On Wednesday, a security researcher named Vinny Troia(Opens in a new window) said he stumbled on a massive database containing the detailed records of 340 million people —all of which was mistakenly made available online.
The records were held in a database from Exactis(Opens in a new window), a firm that specializes in helping companies reach potential customers via email, phone number or postal address. For some reason, Exactis failed to place the database behind a firewall, leaving it open for anyone to access.
How long the database was exposed isn't known, but it contained detailed information on 230 million consumers, and another 110 million business contacts, Troia told PCMag.
Each record can list the subject's phone number, address, date of birth, estimated income, number of children, education level, credit rating and much more. According to Troia, the records are divided into dozens of different fields that can identify whether a person reads books, owns a dog or cat, or invests in real estate.
"I looked up a bunch of my friends and the data was all pretty accurate," Troia said, adding: "This is more information that other people can use to create scams or do fraudulent activities."
News of the leak was first reported(Opens in a new window) Wired. Fortunately, the affected records contain no social security numbers or credit card information. And according to Troia, Exactis pulled the database off the open internet when he contacted the company about the leak.
Still, the incident raises an unsettling question: Did any hackers notice the 340 million records too?
It's certainly possible, given that the Exactis database was indexed online, according to Troia, who leads his own security firm Night Lion Security. A month ago, he discovered the records while investigating the security of databases built with Elasticsearch(Opens in a new window). Using a search engine called Shodan, he was able to identify about 7,000 publicly accessibly Elasticsearch databases, one of which he later discovered was owned by Exactis.
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"The server was kind of wide open," Troia said. "If anybody was looking for it, they could've found it and grabbed the data."
So far, Exactis hasn't publicly commented on the leak. However, the Florida-based company does claim(Opens in a new window) to have records on 218 million individuals, along 52 million records with business phone numbers.
How it obtained so much sensitive information isn't clear. But Exactis is merely one of several data-mining firms that excel at collecting people's personal data for marketing purposes. Other providers such as Acxiom can collect the information by tapping into public records, using consumer surveys or buying it from commercial entities that have managed to gather the data with your own consent.
As creepy as this sounds, the data-mining is usually done legally. But clearly, hoarding all that sensitive data can also pose a massive security risk.
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Sprawl-busters in Pensacola, FL passed this item on to us, which dates back over a year ago. It seems that County Commissioners in Santa Rosa, FL literally tried to put Wal-Mart’s lights out when they voted unanimously against issuing a temporary certificate of occupancy to Wal-Mart until their lights shining on neighboring houses were turned down. The 183,000 s.f. supercenter was scheduled to open up in January of 1998, but was delayed when the county responded to repeated complaints from the Sterling Point subdivision along the store’s property line. “It lights up our yards,” said one neighbor quoted in the Pensacola News Journal. “It’s never dark at night when you turn your lights off to go to bed.” The county said Wal-Mart’s light violate the county’s code, which regulates the brightness of lights, and requires that exterior lights not shine directly on neighboring property. County Commissioner Bill Campbell complained that Wal-Mart’s glow was keeping area bedroooms like daylight. “From the beginning”, Campbell said, “this Wal-Mart group has not paid any attention to the community which they are imposing on.” The construction company which built the store for Wal-Mart said they would add hoods over the parking lot lights and redirect spotlights that were pointing towards nearby homes. One Sterling Point resident said the light at Wal-Mart are so bright, he can read a paper in his backyard at night. He said the glare forced him to add 3 layers of window treatments in his bedroom — a blackout curtain, lined curtain, and plastic blinds. “You have to basically shut all the doors,” he told Commissioners. “All we wanted from the beginning was someone to answer our questions. All they’ve said is ‘we’re good neighbors’. The homeowners in Sterling Point had to fight to get Wal-Mart to reduce up to 1.071 square feet of signs the company wanted on the buildings. Wal-Mart ended up getting 335 s.f. of signs on the building.
By now the company has probably settled this “light war” with the residents of Sterling Point. But neighbors usually have no idea just what it means to have a Wal-Mart as a nightlight. Such enormous development like a 183,000 s.f. in your neighborhood has a major impact on property values. It’s great for people who like to read the newspaper in the middle of the night, but for everyone else, big box retail impacts can never be mitigated once the store is up and running. Neighbors who are trying to “mitigate” the impact of a Wal-Mart, should realize that a buffer wall or new lighting scheme will never really “hide” the Wal-Mart in your midst.


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Brisbane the new black at Sydney fashion week
Designer Gail Reid of label Gail Sorronda poses backstage ahead of her show. Photo: Getty
Another year, another chance for Brisbane designers to show their wares at Australia's high-profile Fashion Week, and this year's local collections are already raising eyebrows and not for the wrong reasons.
Though only day two of the annual event, three home-grown labels have featured on the runways and received a largely positive reception at the Sydney event.
And with more yet to come, it seems at last the cloth from this city is more likely to incite a retail binge than cringe.
Brisbane designer Tovah Cottle. Photo: Supplied
However Queensland's fashion contingent still needs to overcome the tyranny of distance.
Tovah Cottle, former international model turned designer, says frequent travel comes with being in the Brisbane-based fashion business.
Ahead of her inaugural Fashion Week show on Thursday, Cottle said local labels needed to go beyond the city's limits in order to establish themselves on the national scene and gain enough exposure to build a sustainable market.
“Brisbane has grown, fashion-wise, but you can't get the kind of attention from the Australian fashion media here that you can in Sydney,” she said. “Getting in to Melbourne is important too, but it depends on your label – there's a big difference between the two cities.
“It's exciting – but it's a lot of work as well.”
Cottle will also have to contend with cameras from the ABC capturing all the behind-the-scenes drama of her fashion week debut; she is one of the latest subject of the biographical documentary series Australian Story.
“It hasn't been like living as Kim Kardashian, no,” she said of her filming schedule. “But it has been interesting – I'm just focused on being who I am and showing my designs for what they are.”
Gail Reid of label Gail Sorronda, Talulah's Kelli Wharton and Courtney Meyer of Miss Unkon are fellow Brisbane designers who have already shown their designs to the eagle-eyes of fashion industry insiders at the event.
Reid's Oh My Goth! collection stood out for its bold colour and edgy hair and make-up – reminiscent of vaudevillian clowns and Batman's Joker, the range departed from her signature black and white pallet.
Meanwhile Meyer and Wharton kept things typically flirty and feminine. Shades of salmon, apricot and pink coloured Miss Unkon's latest looks with a distinctly youthful edge; Wharton opted for bolder hues and patterns that marked her out as a truly tropical designer.
Cottle's clothes will take to the runway on Thursday from 10am at The Tent. The full fashion week program is available via the website.


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Wine grape yields are down by as much as 80 per cent in the Adelaide Hills wine region.
Cool conditions during flowering at the end of last year resulted in poor fruit set.
Australian Vintage viticulturist Murray Leake says it's disappointing that yields are so low.
"Chardonnay, Pinot Noir and Pinot Grigio on average have all been about 50 per cent down.
"But all the other varieties, such as Sauvignon Blanc, which is our major volume, have been about average and the later reds have been pretty good as well.
"There have been some sad stories of some people having much more than 50 per cent down, particularly on Chardonnay and Pinot Noir."
Adelaide Hills based viticulture consultant Richard Hamilton says some wineries will find it difficult to make money from this year's vintage.
"We could be up to 50 per cent down across the board.
"The only exception to that is Sauvignon Blanc, which managed, with its later flowering, to set quite well."
While yields are down, flavour is up.
Mr Leake says the winemakers for Australian Vintage's wine labels, like Nepenthe Wines, have a lot to work with.
"We've been pretty lucky. The last period of weather has been mild with nice sunny days but really cool nights.
"Those cool nights are great for retaining the aromatics of the acid, the natural acid, in the fruit."


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- 1 min read
NEC Tech aims to treble India’s revenue in 5 years
The 118-year-old company aims to primarily focus on the logistics, ports and transportation sector to bolster its business in Asia’s third-largest economy.
MUMBAI: Japan’s NEC Technologies aims to treble its India revenue to Rs 3,600 crore in five years, aiming to sell its information and communications technology solutions to government projects, especially its planned smart cities.
The 118-year-old company aims to primarily focus on the logistics, ports and transportation sector to bolster its business in Asia’s third-largest economy, said Takayuki Inaba, MD, NEC Technologies in a recent interview to ET.
NEC’s current primary project in India is the Delhi Mumbai Industrial Corridor (DMIC), one of the world’s largest infrastructure projects with an estimated investment of $90 billion, planned as a high-tech industrial zone spread across six Indian states.
It will also provide the backend application, visualisation, operations and management of the port covered in the corridor. It has the mandate for RFID tagging 8million containers or 70% of the container traffic in India.
It now covers the Nhava Sheva and Mundra ports in western India and will cover Vizag and Krishnapatnam in the south and Paradip in the east, said Dibya Ojha, deputy managing director at NEC Technologies India NEC is responsible for automating the integrated transit management system that helps tracking vehicles and the fare collection system in the bus rapid transport (BRT) systems in Ahmedabad, Surat and Pune.


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(Bloomberg) — Australia’s economy can run hot while dodging the runaway inflation that’s plaguing much of the world, said Reserve Bank board member Ian Harper, signaling monetary policy will stay ultra-loose for some time yet.
Most Read from Bloomberg
Harper cited Australia’s relatively resilient workforce participation during the pandemic, in contrast with trends seen overseas such as mass resignations and people quitting the labor force. He said that was a key reason why Australian unemployment will take time to fall to levels needed to spark strong wages growth and subsequent price pressures.
“With a strong recovery in labor force participation, the likelihood of there being a breakout in wages is very low,” Harper, who’s also dean of the Melbourne Business School, said in an interview. “What’s been amazing is that even with the borders closed we can run this economy quite strongly without producing inflation.”
While Harper wasn’t speaking on behalf of the RBA, his views chime with those of Governor Philip Lowe, who has repeatedly said wages growth of “3 point something” is needed to push inflation sustainably within the bank’s 2-3% target band from 2.1% now. The RBA has maintained its dovish stance on inflation despite data showing a strong economic rebound is underway following harsh lockdowns this year along the country’s east coast.
Similar growth surges have been seen in major economies, but often accompanied by soaring inflation as lockdowns eased and rampant consumer demand blindsided producers of goods and services. While the RBA’s preferred measure is underlying inflation, the consumer price index grew 3% in the third quarter, far lower than the U.K.’s 4.2% in October and U.S. annual rate of 6.2%.
The RBA has left interest rates at a record low 0.1% since November 2020 and Lowe has pledged not to tighten policy until actual, not forecast, inflation is well within range. The bank doesn’t see that happening until late 2023, a doggedly dovish outlook compared to financial markets which are pricing in three rate increases next year.
In explaining why inflation was unlikely to run hot in Australia, Harper cited the example of Western Australia. The state has closed its domestic and international borders in a bid to keep Covid-19 from its shores, and is still not seeing signs of strong wages growth. Unemployment there is at 3.9% compared with the national rate of 5.2%.
“So we have a natural experiment that looks like the Australian economy is running with much lower levels of unemployment than people had experienced before, without actually producing a burst of wages growth and leading onto a burst of inflation,” Harper said.
“That is something that really does distinguish us from experiences elsewhere. And it’s another reason why various people, myself included, don’t think that we are on the cusp of runaway inflation.”
In Australia, labor force participation has hovered around 65-66%, largely driven by government support payments that allowed businesses to keep staff on their books even during lockdowns. That compares with 61.8% in the U.S., from a high of 63.4% before the pandemic, according to the U.S. Bureau of Labor Statistics.
Stronger-than-expected economic growth contributed to the RBA abruptly dropping its yield target last month. At its next board meeting in February, the central bank will review its A$4 billion ($2.9 billion) per week bond-buying plan. Economists expect it to further taper or drop the program altogether.
Harper didn’t comment on the path of monetary policy, but said there were reasons to believe that wages growth will pick up sooner rather than later. He was optimistic on Australia’s economic growth, citing an upbeat outlook for the corporate sector with both business investment and credit on the rise.
The latest official estimate of business investment and intentions showed firms upgraded their capex plans for the current financial year to the best since the mining investment boom ended in 2012. Crucially, non-mining spending is seen rising by 16% from a year ago, the strongest gain since 2000, led by a surge in demand and services.
“That’s very encouraging,” Harper said. “It looks like the business community is working through the impact of the pandemic.”
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©2021 Bloomberg L.P.
China's economy grows 8.1% in 2021, slows in second half – Yahoo Canada Finance
BEIJING (AP) — Chinese leaders are under pressure to boost slumping economic growth while they try to contain coronavirus outbreaks ahead of next month’s Winter Olympics in Beijing.
The world’s second-largest economy grew by 8.1% last year, but activity fell abruptly in the second half as the ruling Communist Party forced China’s vast real estate industry to cut surging debt, official data showed Monday.
Growth sank to 4% over a year earlier in the final three months of the year, fueling expectations Beijing may need to cut interest rates or stimulate the economy with more spending on public works construction.
That slump is likely to worsen, leading to “more aggressive measures to boost growth,” Ting Lu and Jing Wang of Nomura said in a report.
On Monday, the Chinese central bank cut its interest rate for medium-term lending to commercial banks to the lowest level since early 2020, at the start of the coronavirus pandemic.
Asian stock markets ended the day mixed following the dual announcements. China’s benchmark Shanghai Composite Index gained 0.6% while the Hang Seng in Hong Kong lost 0.7%. The Nikkei 2225 in Tokyo rose 0.7%.
Lingering Chinese economic weakness has potential global repercussions, depressing demand for steel, consumer goods and other imports.
China rebounded quickly from the pandemic, but activity weakened last year as Beijing tightened controls on borrowing by real estate developers, triggering a slump in construction that supports millions of jobs. That made consumers nervous about spending and investors anxious about possible defaults by developers.
Consumer spending has suffered after authorities responded to virus outbreaks by blocking most access to cities including Tianjin, a port and manufacturing center near Beijing, and imposed travel controls in other areas.
Their “zero-COVID strategy” aims to keep the virus out of China by finding and isolating every infected person. That has helped to keep case numbers low but is depressing consumer activity and causing congestion in some ports.
The ruling party has stepped up enforcement ahead of the Feb. 4 start of the Winter Games, a prestige project. Athletes, reporters and officials at the Games are required to stay in sealed areas and avoid contact with outsiders.
Growth in consumer spending, the biggest driver of economic growth, fell to 1.7% over a year earlier in December from the previous month’s 3.9%.
“The prospect this year for consumer spending to rebound back to pre-pandemic levels has certainly dimmed,” David Chao of Invesco said in a report. “All eyes are on whether policymakers will evolve their zero-COVID pandemic policies.”
Officials have urged the public to stay where they are during the Lunar New Year holiday instead of visiting their hometowns. That will cut spending on travel, gifts and banquets during the country’s most important family holiday.
Forecasters have cut this year’s growth outlook to as low as 5% due to the debt crackdown and coronavirus.
“Downward pressure on growth will persist in 2022,” Tommy Wu of Oxford Economics said in a report.
Compared with the previous quarter, the way other major economies are measured, the Chinese economy grew 1.4% in the final three months of 2021. That was up from the previous quarter’s 0.2%.
Chinese exports, reported Friday, surged 29.9% in 2021 over the previous year despite a global shortage of semiconductors needed to make smartphones and other goods and power rationing imposed in major manufacturing areas.
Exporters benefited from reviving global demand while their foreign competitors were hampered by anti-virus controls. But economists say this year’s trade growth is likely to be weak and export volumes might shrink due to congestion at ports.
“With supply chains already stretched to capacity, last year’s boost from surging exports can’t be repeated,” Julian Evans-Pritchard of Capital Economics said in a report.
Auto sales fell for a seventh month in November, declining 9.1% from a year earlier, reflecting consumer reluctance to commit to big purchases.
Chinese leaders are trying to steer the economy to more sustainable growth based on domestic consumption instead of exports and investment and to reduce financial risk.
In mid-September, factories in some provinces were ordered to shut down to meet official targets for reducing energy use and energy intensity, or the amount used per unit of output.
One of the country’s biggest developers, Evergrande Group, is struggling to avoid defaulting on $310 billion owed to banks and bondholders. Smaller developers have collapsed or defaulted on debts after Beijing reduced the amount of borrowed money they can use.
Chinese officials have tried to reassure investors over the risks of wider problems, saying any impact on lending markets can be contained. Economists say a potential Evergrande default should have little effect on global markets.
National Bureau of Statistics (in Chinese): www.stats.gov.cn
Joe Mcdonald, The Associated Press
Omicron no match for US economy: Moody's – Investment Executive
“The backdrop of elevated inflation and a tight labour market strengthens the case for an earlier and faster normalization of monetary policy,” Moody’s said. “Indeed, notwithstanding the risks to growth posed by the Omicron surge, the Fed is well placed to move to a neutral monetary stance starting in March 2022, and we now expect three U.S. interest rate hikes this year, compared with our November expectation of none until 2023.”
Additionally, a recent shift in signals out of the Fed indicate “broad support” for both a rate hike in March and a normalization of its balance sheet soon after the rate increase cycle begins, Moody’s noted.
While Covid-19 infections have risen quickly in the U.S., creating added uncertainty, “the economy is on a solid expansionary path that the current virus surge is unlikely to derail,” the report noted.
Moody’s continues to expect that GDP will grow by 4.4% this year after rising by 5.4% in 2021.
“The surge in virus cases will no doubt dampen economic activity in pandemic-sensitive services industries in January but, as previous virus surges have shown, activity will rebound once the omicron wave begins to subside,” Moody’s said.
The report noted that latest epidemiological forecasts point to a peak in case counts by the end of the month, with hospitalizations and fatalities peaking in mid-February.
Inflation is expected to moderate this year, but Moody’s said there remains a good deal of uncertainty in inflation forecasts.
“We expect that the Fed will provide more concrete guidance at its next January meeting as to when and at what pace it will begin to raise the federal funds rate and reduce the size of its balance sheet,” it said.
The rating agency noted that it expects the Fed to take a “measured approach” to withdrawing stimulus and normalizing its balance sheet, given the elevated uncertainty in forecasts and a likely reluctance to move too quickly.
Ultimately though, the prospect of rate hikes and balance sheet normalization “will likely push both short-term rates and long-term yields upward,” Moody’s said.
“The effect of rising rates is likely to be transmitted to the real sector by curbing new lending for consumer goods, autos and homes. Small and mid-size firms, which tend to have shorter debt maturity profiles, will also be affected,” it said. “Lastly, higher interest rates will weigh on the valuations of risky assets.”
Firms see increasing labor shortages and wage pressures – Bank of Canada survey
Canadian firms see labor shortages intensifying and wage pressure increasing, with strong demand growth and supply chain constraints putting upward pressure on prices, a regular Bank of Canada survey said on Monday.
The central bank’s Business Outlook Survey Indicator reached its highest level on record in the fourth quarter, which was conducted before the Omicron coronavirus variant began spreading widely.
The data will play into the Bank of Canada’s calculations as it ponders when to raise rates. The bank, which has said it is paying close attention to wage inflation, is scheduled to make its next announcement on Jan 26.
Last October it said it could start raising rates as soon as April 2022, but some investors expect a hike this month. [BOCWATCH]
“The combination of strong demand and bottlenecks in supply is expected to put upward pressure on prices over the next year,” said the survey.
“In response to capacity pressures, most businesses across sectors and regions are set to increase investment and plan to raise wages to compete for workers and retain staff.”
Last month the central bank said slack in Canada’s economy has been substantially diminished.
Inflation expectations for the next two years continued to increase, with two-thirds of firms now expecting inflation to be above the central bank’s 1-3% control range over the next two years.
Most firms, in response to a special question, said they expected the currently elevated inflationary pressures to dissipate over time, with inflation returning to the 2% target over 1-3 years.
Canada’s annual inflation rate was at an 18-year high of 4.7% in November. The December data will be released on Wednesday, with analysts surveyed by Reuters expecting it to hit 4.8%.
The Canadian dollar was trading 0.4% higher at 1.2504 to the greenback, or 79.97 U.S. cents.
(Additional reporting by Fergal Smith in Toronto; Editing by Chizu Nomiyama)
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Venture capital firm Saama Capital and early-stage investor DSG Consumer Partners have invested in an alcoholic-beverage company, two people with direct knowledge of the development told VCCircle.Saama Capital invested around Rs 3.75 crore ($545,000) in Goa Brewcrafts Pvt. Ltd through its third fund, one of the people said, asking not ......
After Sula, Saama Capital backs another alco-beverage firm
By Debjyoti Roy
- 27 Jun 2018


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Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
Bragi Unveils Wireless 'Headphone' Earbuds Ahead of Apple Event
According to Bragi, the main physical difference is the Headphone's three physical buttons, which replace the touch controls found on the Dash for controlling playback, audio transparency, volume, and taking calls.
The activity tracking features native to the $300 Dash buds are also missing in the new earpieces, but their removal shores up battery life on the Headphone, with Bragi promising up to six hours of operation on a single charge, rather than the three hours Dash users will be accustomed to. Bragi also claims the Headphone buds feature a stronger Bluetooth connection than the Dash.
The Bragi Headphone buds are poised to launch in November and will cost $150, with pre-orders starting today at the lower price of $119.
In addition to the new earpieces, Bragi today announced a firmware update to the original Dash buds which the company says improves the accuracy of the devices' heart-rate tracking, while also bolstering the strength of the Bluetooth connection.
With Apple's event just days away, Bragi is unlikely to be the last accessory firm to announce wireless products this week, as the industry shifts gears in anticipation of a new iPhone widely believed to lack a headphone jack.
Apple will provide a live stream of the September 7 keynote on the Apple TV and on iOS and Mac devices through its website. MacRumors will be providing live coverage of the event for those unable to watch, both on MacRumors.com and through the @MacRumorsLive account on Twitter.
Read: What to Expect From Apple's September 7 Event


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Instagram launches its BeReal clone, Candid Stories
Instagram’s BeReal clone is now official. Meta launched “Candid Tales,” a brand new characteristic with Instagram Tales that recreates BeReal’s signature once-a-day selfies. The characteristic will likely be testing in South Africa to begin, in accordance with an organization spokesperson.
BeReal, which initially launched in 2019, has gained a gentle following during the last 12 months, significantly amongst teenagers and Gen Z customers. The app markets itself as a extra genuine various to mainstream social media platforms, because it solely permits once-daily posting and has restricted methods for customers to work together with each other.
Like BeReal, Instagram’s Candid will immediate customers as soon as a day to share a selfie, and customers will solely be capable to see their buddy’s Candids as soon as they’ve uploaded their very own. Candid selfies, like BeReal posts, will snap a photograph with each a tool’s entrance and rear-facing cameras concurrently.
Meta has been engaged on a model of Candid since at the least this summer season, when a characteristic referred to as “candid Challenges” was noticed within the app. The corporate mentioned on the time it was an “inner prototype.” Snapchat and TikTok have additionally launched takes on BeReal in current months.
However BeReal isn’t the one platform Instagram is taking over with its newest replace. The app can also be introducing a brand new “Notes” characteristic, which permits customers to append a 60-character standing replace to their profile in Instagram’s inbox. As with Candid, Instagram has been testing Notes for months, however the characteristic could have taken on new significance following Elon Musk’s takeover of Twitter. The New York Instances reported final week that some at Meta have prompt Notes may assist the corporate compete with Twitter at a second when many are looking for options.
Instagram can also be introducing just a few different options geared towards getting customers to work together in smaller teams. “Group Profiles” will enable teams of pals to create shared profiles with a number of contributors. Likewise, the app is testing “collaborative collections” so a number of folks can share posts to the identical house within the app.
Replace 12/13 4:20 PM ET: Up to date with extra details about the place Candid will first be obtainable.
All merchandise really useful by Engadget are chosen by our editorial group, impartial of our guardian firm. A few of our tales embrace affiliate hyperlinks. If you happen to purchase one thing by way of one in every of these hyperlinks, we could earn an affiliate fee. All costs are right on the time of publishing.


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Going Green raises questions among Portland retailers
PORTLAND (WGME) -- Going green is raising questions in Portland, as retailers prepare to charge a fee for bags and get rid of foam packaging.
In April, taking groceries home in a plastic or paper bag will cost shoppers .05 a piece..
"I do think it's a good thing it will keep our city cleaner," said Julie Parker, store manager at Paul's Food Center on Congress Street.
Parker said the city's new ordinance shouldn't cause much trouble for customers either.
"We don't think it's really gonna affect a lot of people 'cause they come in and get a few bags," she said. "We don't think it's gonna hurt that much."
Food stamps won't cover the cost because it isn't for food, according to officials with the city, and the Department of Health and Human Services in Augusta.
But it's unclear whether they'll be charged in the first place.
DHHS spokesman John Martins said, "We are seeking guidance from the USDA, who oversees this program, as to how this charge will be treated. The federal government sets the rules for the food supplement program."
Questions are also coming up about the ban on styrofoam, especially among businesses that offer take out food. Many are trying to figure out what the alternatives are and how much they'll cost.
"So we dont have to pass onto the customers," said Eric Martin, who owns downtown restaurant Federal Spice.
Martin would like to see some guidance from the city.
"I wish they would give us an alternative," he said, "Do some research, help us."
Help may be just up the road. The town of Freeport banned styrofoam back in 1990.
Bow Street Market Manager Jim Frey said his store transitioned to paper cups, cardboard carry out boxes, and even found a biodegradable material that looks and feels like styrofoam.
The cost, he said, can be twice as much, but it hasn't hurt their bottom line.
"Matter of fact, there's been a lot of feedback from customers, which was mostly positive," said Frey.
Both ordinances take effect on April 15, 2015.
City councilor Ed Suslovic is encouraging shoppers to buy reusable bags, and said on Wednesday, he hopes everyone will make adjustments sooner rather than later.


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June 12, 2008
Hong Kong to cull all live poultry after bird flu outbreak
Hong Kong authorities said Wednesday (June 11, 2008) that all live poultry in markets and shops around the city would be slaughtered after a confirmed bird flu outbreak.
Cheung Siu-hing, director of the agriculture, fisheries and conservation department, announced that all wet market stores and fresh food stores selling live poultry are now infected areas.
The announcement came after bird flu virus was detected in chickens in three more markets across the city.
Cheung said that chickens at 470 stores across the city would be killed. Local broadcaster RTHK said around 3,500 birds will be slaughtered.
Hong Kong authorities also suspended live poultry imports from mainland China.


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Some of the world’s leading economists say the global economy will start to emerge from recent lows as countries ease lockdown measures.
Economists around the world from Goldman Sachs, Morgan Stanley and Irvine Humphries Global say they are beginning to see indications that the global economy is starting to recover. In several countries that have either passed the peak of their coronavirus outbreak or managed to successfully contain it, lockdown measures have been eased. This has results in the economies of these countries gradually starting to pick up.
Economists at Goldman Sachs and Irvine Humphries Global anticipate that the economies of developed countries severely hit by the novel coronavirus could shrink by an average of 32 percent in the period from April to June this year. In the third quarter it is expected that economic growth will rebound by around 16 percent and another 13 percent in the final quarter of 2020.
Risk dependent recovery for global economy
Analysts at Morgan Stanley also stated that there was evidence to suggest a rebound of the world’s economy. Morgan Stanley’s chief economist, Chetan Ahya stated that economies like China, Europe and the US has all reached a low point in the first two quarters of this year.
Economists agree that the possibility and success of a global economic recovery will depend largely on the ongoing development of the coronavirus pandemic. Once lockdowns have been lifted, there is the chance of a second wave of infection which could even exceed the numbers seen in the first. This would have a disastrous impact on already fragile economies. HSBC has warned that economists should not rely on a V shaped recovery and referred to China’s difficulties in restarting its economy after lifting draconian measures that were put in place to contain the spread of the coronavirus.


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After posting record sales last year, the popularity of PCs does not appear to be waning. New analysis from IDC shows desktops, laptops and workstations maintained impressive growth levels in Europe, Middle East and Africa (EMEA), throughout the first quarter of 2021 .
Shipments to the EMEA region increased just over 44% from the same period last year, to nearly 24 million units, according to IDC.
This trend is in line with statistics released throughout the past year, which saw global demand for PCs reach the highest levels the market has seen in a decade. Before the 2020 boom, the PC market had seen years of decline.
The impact of teleworking and e-learning
“This crisis has revived an industry which had been in decline for several years, from 3 to 4% per year overall,” observes Arnaud Lépinois, CEO of HP France, to .
Today, nearly a million machines are manufactured per day, argues Arnaud Lépinois, on the basis of estimates made by IDC. “Globally, approximately 240 million units were manufactured in 2019, nearly 300 million in 2020 and we are on a trend of 365 million units manufactured, all manufacturers combined and all platforms combined, for 2021 », He recalls.
Arnaud Lépinois affirms that a very clear switchover has occurred “from the desktop to the laptop.” With the sudden transition to teleworking and online learning, “the fixed workstation has transferred to mobility and ‘ultra-mobility,’ he explains. As desktop computer sales continued to fall, the downward trend in PCs in general was offset by a boom in devices more suited to the flexibility of distance learning and work. In Western Europe, for example, shipments of desktop computers were down 21 percent year-on-year, while demand for laptops jumped nearly 75 percent from the previous year.
More than teleworking, the education sector has also played a central role. “A lot of people are already equipped for remote work, and the bulk of the growth is distance learning,” Simon Thomas, research analyst for IDC, told ZDN. “That’s where the big business impact comes from. “
Consumer sales jumped over 65%
Although commercial sector transactions have played a major role in boosting PC sales, consumer demand has grown even faster. In EMEA, in fact, growth in commercial PC shipments has increased by about a third year-over-year, but consumer sales have jumped over 65%.
In Western Europe, the trend is even more striking: growth in consumer sales has increased by more than 75% compared to the same period last year. This is because consumers increasingly seek entertainment during successive lockdowns – and in this scenario, often turn to desktop computers. In fact, while the demand for desktop computers has declined in the commercial segment, it has increased by more than 46% year-on-year among consumers.
According to Simon Thomas, the surge in consumer demand can also be attributed to the gradual reopening of physical stores. “In recent months, if not weeks, people have finally had the opportunity to see the devices they plan to buy,” says Simon Thomas. “At the same time, they saved money, and are now spending it on devices. This allowed consumer demand to strengthen. “
Asked by , Arnaud Lépinois indicates that “France is not exempt from the great transformations which are seen in all the countries of the world”. Based on IDC figures, all manufacturers combined, Arnaud Lépinois specifies that “the French market is just over 2 million units in the last quarter”. If this number seems high, it is difficult to draw a reliable comparison with the figures of last year, since at the start of the pandemic and the first lockdowns, production collapsed, with the closure of factories in China. , in particular, warns the director of HP France. The important figure to remember, summarizes Arnaud Lépinois, is that the observed increase is “of the order of a third compared to last year”.
Acer and ASUS see their respective market shares increase
While household names still dominate the list of major PC vendors, IDC noted that major players are slowly losing market share. HP and Lenovo almost evenly share just over half of the market, led by HP, but both companies saw their shares decline slightly, by 0.6 and 1.2 percentage points, respectively. In third place, Dell is also losing part of its market share.
On the other hand, Acer (8.5% market share) and ASUS (7.3% market share) see their position on the market increase. The “other” PC suppliers are also experiencing rapid growth, particularly in sales of laptops, where competition is intensifying against players such as Microsoft, Huawei and Samsung.
All sellers, however, will have to deal with the supply chain issues that have plagued the industry for the past few quarters. Since the second quarter of 2020, global PC shipments have faced shortages of PC parts and components linked to the pandemic, which has meant that vendors have struggled to meet explosive demand for devices. “The first shortages appeared three or four quarters ago with processors,” explains Simon Thomas, “and since then they have moved between panels, integrated circuit boards or semiconductors, and have all posed big problems. . “
“We can imagine that in the space of 24 months, the industrial capacities of an entire industry (semiconductors, screens, chassis, integrated circuits, etc.) were not ready to manufacture so many devices in such a short time. time, ”said the director of HP France. Especially since compared to PCs, other sectors such as the automobile industry, smartphones or even household appliances consume the same types of components. In short, “in this crisis we had a digital boom, but also a boom in the consumption of electronic tools in the broad sense of the term,” he comments.
No significant change before 3 to 6 months
Arnaud Lépinois explains that “this shortage severely penalizes the delivery times and the manufacturing times” of HP. In addition, there is also the thorny issue of logistics. “The availability of a rail container in China today is extremely complicated,” continues the director.
Faced with this observation, Arnaud Lépinois does not expect a significant change before “the next 3 to 6 months”. The director of HP France specifies that if “certain components are available again”, others, such as semiconductors, “are still undergoing a severe crisis”. A shortage that affects HP all the more as printer platforms are also affected, adds the director. “It also affects the availability of the major players in printing, because we have seen a boom in printing at home. “
Without the supply chain challenges, says Simon Thomas, shipments in the last quarter could have been even higher – and that means the next few months shouldn’t see a reduction in PC sales, demand. referring to the quarters to come. “Despite the huge demand right now, we still believe there will be a lot of demand until the end of 2021,” says Simon Thomas. “It’s only by looking towards 2022 that we think we’ll see more slowdown. “
As demand slowly subsides, supply chains will also be able to catch up, Simon Thomas believes, but more constraints are to be expected throughout the remainder of this year.


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Peugeot maker PSA Group has today posted a 0.8% decline in its third-quarter sales, though revenue from its core autos division returned to growth after slumping during coronavirus lockdowns.
The turnaround comes ahead of PSA's merger with Fiat Chrysler, due to close early next year.
But a resurgence in the Covid-19 pandemic could lead to fresh restrictions on movements and stores in Europe before then.
Under CEO Carlos Tavares, PSA has focused increasingly on its more expensive and profitable models, helping it ride out falls in sales volumes.
PSA reported overall sales at €15.5 billion for the three months from July to September, down 0.8% from a year earlier. Automotive revenue rose 1.2% to €12 billion, after ending the first half of the year down 35.5%.
Car sales volumes fell, even as dealerships re-opened after lockdown measures eased, but this was offset by the popularity of higher priced cars.
PSA had said over the summer that new versions of its Peugeot 208 model and Opel's Corsa were boosting its order books, and its focus on SUV-style cars has also helped.
PSA kept its target to reach an adjusted operating margin for its automotive division of more than 4.5% for 2019-2021, and said it would likely generate positive cash flow this year.
The group's $38 billion merger with FCA, set to create the world's fourth largest carmaker under the name "Stellantis", is due to close in the first quarter of 2021.
They are set to win competition approval for the merger from the European Commission, sources told Reuters this week.
The companies said today they had pressed on with one more step in the process, after their boards agreed PSA could sell up to a 7% stake in car parts maker Faurecia.
The proceeds will be distributed to Stellantis shareholders in cash, alongside a distribution-in-kind of the remaining Faurecia stake - a structure aimed at preventing Stellantis from gaining control of Faurecia.


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REPRISE has now become a ‘Preferred Snapchat Partner’ to develop AR-enabled customized snap lens in the region. With this new product added to their expanding portfolio […]
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Finnish telecom equipment giant Nokia (Milan: 23568.MI - news ) said on Wednesday it was opening talks with staff representatives in some 30 countries about cutting jobs to save money following its merger with Alcatel (Paris: FR0000130007 - news ) ...Yahoo! Finance UK and Ireland, 1 month ago
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Daily Market Report | Feb. 09, 2021
Stocks Tick Lower After S&P 500’s Record Close – Wall Street Journal, 2/9/2021
- U.S. stocks were mixed Tuesday, suggesting that the major indexes may pause after closing at record highs.
- Investors said markets are taking a breather following a broad advance in stocks and commodities.
- The recent rally has been fueled by expectations of a new dose of stimulus spending in the U.S., which could add impetus to the economic revival.
- That has helped pare expectations for turbulence in U.S. stocks, sending the CBOE Volatility Index down this week to less than 22, after the gauge surged to over 37 at the end of January.
- Expectations that the economy will revive this year have prompted money managers to bet stocks will continue to power higher, driven by sectors such as energy, banks and consumer companies that are sensitive to growth.
- House Democrats released the biggest piece of their coronavirus relief bill late Monday, offering a measure that would extend a $400-a-week unemployment insurance payment through Aug. 29 and send $1,400 per-person payments to most households.
- Twitter, ride-hailing firm Lyft and Cisco Systems are scheduled to publish earnings reports after markets close.
- Of the roughly 300 companies on the S&P 500 that had reported for the holiday quarter by early Tuesday, about 81% had beaten analysts’ earnings expectations, according to FactSet.
- Bitcoin jumped a 6.3% to $45,600, according to CoinDesk. The digital currency surged after Tesla said Monday it had bought $1.5 billion in bitcoin and planned to begin accepting it in payments, a move some analysts said could broaden acceptance of the currency.
Covid-19 Live Updates: U.S. Cases Under 100,000 for Second Straight Day – Wall Street Journal, 2/9/2021
- The U.S. reported fewer than 100,000 new coronavirus cases for the second day in a row, as data showed that in several states, more than 10% of residents have received an initial dose of Covid-19 vaccines.
- Newly reported coronavirus cases in the U.S. topped 86,000 for Monday, according to data compiled by Johns Hopkins University and published early Tuesday. The data may update later.
- Hospitalizations in the U.S. due to Covid-19 continued to decline. As of Monday, there were 80,055 people hospitalized across the country due to the disease, the fifth consecutive day the total has been under 90,000, according to the Covid Tracking Project.
- The number of Covid-19 patients requiring treatment in intensive care units also fell, with 16,174 people in ICUs, the lowest level since Nov. 20, according to the Covid Tracking Project.
- The country reported more than 1,400 new fatalities from Covid-19, pushing the total to more than 465,000, according to Johns Hopkins data.
- So far, 10 states have vaccinated 10% or more of their residents with at least one shot, and a further 19 states are about to hit that goal, according to a Wall Street Journal analysis.
- In Europe, governments are mulling how far and how soon to ease their coronavirus restrictions as the number of new infections continues to fall, though many of the larger nations remain cautious.
- German leaders are due to meet in Berlin on Wednesday to assess lockdown precautions. The number of new cases rose by just over 3,300 Tuesday, according to the Robert Koch Institute for infectious diseases, down from the day before.
- U.K. Prime Minister Boris Johnson is under pressure from the right wing of his ruling Conservative Party to begin reopening the economy again. So far he has resisted, focusing instead on the rollout of a nationwide vaccination program.
- Austria, meanwhile, is moving to reopen schools, stores and museums, although it, too, is tightening border restrictions. All travelers will have to present a negative coronavirus test.
Fox beats revenue expectations on record political ad spending – Reuters, 2/9/2021
- Fox reported better-than-expected quarterly revenue on Tuesday, and announced that Fox News Chief Executive Officer Suzanne Scott has extended her term with the company.
- Total revenue rose to $4.09 billion in the second quarter ended Dec. 31 from $3.78 billion, above Wall Street estimates of $3.99 billion, according to IBES data from Refinitiv.
- In the fiscal second quarter, affiliate revenue grew 5.7% to $1.52 billion.
- Fox News – the biggest driver of the company’s performance – had its highest-rated November in history, drawing 3.9 million prime-time viewers, beating all cable networks, not just cable news, according to Nielsen data.
- Excluding items, the company earned 16 cents per share, while analysts’ expected a loss of 3 cents per share.
Take-Two shares fall as sales drop, wait continues for new releases – Reuters, 2/9/2021
- Shares of Take-Two Interactive Software fell nearly 4% after the bell on Monday after the videogame publisher posted a drop in quarterly adjusted sales and shied away from announcing any new big releases.
- On an adjusted basis, Take-Two’s third-quarter revenue fell to $814.3 million from $888.2 million, still beating analysts’ average estimate of $747 million.
- Take-Two on Monday raised annual adjusted sales targets on sustained demand for its top franchises, “NBA 2K” and “Grand Theft Auto”, as COVID-19 curbs continue to boost videogame sales worldwide.
- The company lifted its full-year adjusted revenue forecast to a range of $3.37 billion to $3.42 billion, from an earlier view of $3.15 billion to $3.25 billion. Analysts had expected sales of $3.3 billion, according to Refinitiv IBES data.
DuPont signals strong 2021 on demand from smartphone makers, auto rebound – Reuters, 2/9/2021
- Industrial materials maker DuPont on Tuesday forecast full-year profit and revenue above Wall Street expectations on the back of robust demand from smartphone makers launching 5G handsets and a recovery in global auto sales.
- Sales in DuPont’s electronics and imaging business rose 9% to $1.02 billion in the fourth quarter from a year earlier and was also marginally higher than the third, fueled by strong uptake for advanced materials used in smartphone and chips.
- DuPont said adjusted net income rose to $698 million, or 95 cents per share, in the fourth quarter ended Dec. 31, from $645 million, or 88 cents per share, in the third quarter, in line with preliminary results announced last month.
- For the first quarter, the company expects net sales between $3.75 billion and $3.85 billion. It projected a profit of 75 cents to 77 cents per share. Analysts on average were expecting a profit 65 cents per share and revenue of $3.69 billion.
- The company, once part of the erstwhile chemical giant DowDupont, forecast 2021 adjusted earnings of $3.30 to $3.45 per share, above the $3.07 analysts had estimated, according to Refinitiv IBES.
- Net sales estimates of between $15.40 billion and $15.60 billion also came in above analysts’ expectations of $15.11 billion.
Centene misses profit estimates on higher COVID-19 costs – Reuters, 2/9/2021
- U.S. health insurer Centene on Tuesday missed quarterly profit estimates due to higher costs related to COVID-19 treatment and testing.
- Total revenue jumped 50% to $28.29 billion, but narrowly missed analysts’ estimates of $28.36 billion.
- Centene’s health benefits ratio, the amount it spends on medical claims compared with its income from premiums, came in at 88.4% in the fourth quarter, in line with a year ago.
- Analysts on average had expected a ratio of 88%, according to Refinitiv IBES data.
- The company maintained its full-year adjusted profit of between $5.00 and $5.30 per share. Analysts on average were expecting $5.24.
- Centene, however raised its full-year revenue forecast range to $116.1 billion to $118.1 billion, from $114.1 billion to $116.1 billion.
Simon Property forecasts higher annual profit as rent collection improves – Reuters, 2/9/2021
- Simon Property Group forecast a rise in its 2021 profit on Monday as the U.S. mall operator benefits from improving rent collection and a recovery in the retail industry, pushing its shares up 2% in extended trading.
- Lease income slumped nearly 24% to $1.03 billion in the fourth quarter ended Dec. 31, missing analysts’ estimates of $1.08 billion, according to Refinitiv IBES data.
- Simon said it had collected 90% of combined the second, third and fourth-quarter net billed rents as of Feb. 5.
- It had garnered only 85% of third-quarter net billed rents as of Nov. 6.
- Funds from operation of $2.17 per share also missed estimates of $2.22.
- Simon forecast 2021 earnings per share of $4.60 to $4.85, compared with $3.59 per share in 2020.
Hasbro hampered by near-term cost pressure after bumper holiday sales – Reuters, 2/9/2021
- Hasbro warned on Monday that profit could come under pressure from investments in new video content and toys after a year when the toymaker’s sales rose during the coronavirus crisis.
- Revenue jumped 21% to $1.72 billion in the three months ended Dec. 27, beating a Refinitiv IBES estimate of $1.69 billion.
- Excluding items, Hasbro earned $1.27 per share, also topping estimates of $1.14.
- Hasbro will invest between $675 million and $750 million on content across scripted and unscripted live action, animated TV and film in 2021, up from $439 million last year.
- Hasbro also said it would face higher costs as it struggles to keep certain products, including “The Child” toy and “Operation Pet Scan” board game, in stock.
GM extends vehicle production cuts due to global chip shortage – Reuters, 2/9/2021
- General Motors said on Tuesday it was extending production cuts at three North American plants until at least mid-March due to the global semiconductor chip shortage, while vehicles at two other factories would only be partially built.
- GM, whose shares dipped almost 1% after the announcement, did not disclose the impact volumes or say which supplier and vehicle parts were affected by the chip shortage.
- But it said it would focus on keeping production running at plants building its highest-profit vehicles: full-size pickup trucks and SUVs. GM said it intended to make up as much lost production as possible once the shortage chip eased.
- GM vehicles affected by the idled plants include the Chevrolet Malibu sedan, Cadillac XT4 SUV, Chevy Equinox, and GMC Terrain SUVs.
- Vehicles to be left incomplete for now included the Chevy Colorado, GMC Canyon pickups and Chevy Blazer SUV.
Apple iPhone 12 mini sales slow as smaller smartphones lose appeal – report – Reuters, 2/9/2021
- Apple’s iPhone 12 mini U.S. sales were just 5% of overall sales of its new phones during the first half of January, industry data provider Counterpoint said on Tuesday, adding to signs of muted demand for the new smaller version of its flagship device.
- The company launched a smaller variant of the iPhone 12 model last year, but demand for the smaller smartphones seems to be weaker, compared to the high-end iPhone 12 Pros and the older iPhone 11s.
- J.P. Morgan analyst William Yang said in a note last week that weak demand for the smaller iPhone 12 and 12 mini might lead Apple to stop production of the mini in the second quarter.
Super Bowl Draws Lowest Audience Since 2007 – Wall Street Journal, 2/9/2021
- About 96.4 million people watched ageless wonder Tom Brady lead the Buccaneers to a 31-9 Super Bowl victory over the defending champion Chiefs on CBS, a 5.5% decrease from the 102 million that saw last year’s much closer and coronavirus-free match between the Chiefs and San Francisco 49ers on Fox.
- The last time the Super Bowl had such a small number of viewers was the 2007 contest between the Indianapolis Colts and Chicago Bears, which averaged 93.2 million viewers.
- The streaming audience for the game was 5.7 million viewers a minute, a record and an increase of 65% compared with last year’s game.
- That indicates the growing popularity of streaming as a distribution platform.
- The regular-season average audience for NFL games was 15.6 million, a 7% decline, which the league attributed to interest in election news.
- Postseason ratings also were down, except for the AFC and NFC championship games.
Electronic Arts Buys Glu Mobile, Maker of ‘Kim Kardashian: Hollywood’ – Wall Street Journal, 2/9/2021
- Electronic Arts said Monday it is acquiring Glu Mobile in a $2.4 billion deal aimed at expanding an area of business in which the videogame giant has had mixed success.
- Glu shareholders will receive $12.50 a share, representing a 36% premium to Glu’s closing price Friday, EA said.
- Glu, founded in 2001 as Cyent Studios and renamed later that year as Sorrent, went public in 2007. Chinese internet conglomerate Tencent Holdings is Glu’s largest shareholder, with a roughly 15% stake that it purchased in 2015.
Reddit’s Valuation Doubles to $6 Billion After Funding Round – Wall Street Journal, 2/9/2021
- Reddit doubled its valuation to $6 billion in a new round of funding that comes as the social-media company has added users through the Covid-19 pandemic and more recently has gained attention for its role in the recent Wall Street trading frenzy.
- Reddit on Monday said it raised $250 million in a late-stage funding round led by venture-capital firm Vy Capital. Previously it was valued at $3 billion after its last funding round in February 2019, according to PitchBook, a provider of private-market data.
- The most recent user numbers from Reddit put the daily average at 52 million as of October, which was up 44% from the same month a year earlier.
Huawei Files U.S. Lawsuit Disputing It Is a Security Threat – Wall Street Journal, 2/9/2021
- China’s Huawei Technologies filed a lawsuit in the U.S. disputing its designation as a national security threat by the Federal Communications Commission, stepping up legal challenges in the country despite a change of administration in Washington.
- The lawsuit filed Monday in the U.S. Court of Appeals for the Fifth Circuit asked for a review of an FCC ruling last year that the company poses a national security threat, and blocking American telecommunications operators from accessing a multibillion-dollar fund to buy Huawei-made telecom gear.
- Huawei’s lawsuit filed on Monday said the FCC’s ruling in December exceeded its authority and was “arbitrary, capricious, and an abuse of discretion, and not supported by substantial evidence.”
- The lawsuit was filed hours before Huawei’s founder, Ren Zhengfei, told a group of journalists in China that he hoped that the Biden administration would be more open to policies “that are in the interests of U.S. companies,” and that he would welcome a phone call from the new president.
Democrats’ Plan Offers $1,400 Stimulus Checks at Same Income Levels as Previous Rounds – Wall Street Journal, 2/9/2021
- House Democrats released the biggest piece of their coronavirus relief bill late Monday, offering a measure that would extend a $400-a-week unemployment insurance payment through Aug. 29 and send $1,400 per-person payments to most households without lowering the income thresholds from earlier rounds.
- Democrats have been debating whether to reduce those income levels, but the version headed for a Ways and Means Committee vote this week gives the full amounts to individuals with incomes up to $75,000 and married couples with incomes up to $150,000.
- A married couple with two children under 17 would get as much as $5,600, compared with $3,400 from the first round of payments and $2,400 in the second round.
- A single parent with a college student would get up to $2,800, compared with $1,200 from the first round and $600 in the second round.
- The legislation also expands the child tax credit, broadens child-care assistance and bolsters tax credits for health insurance.
- Other sections of the relief plan will provide $130 billion in funding for K-12 schools, $40 billion for colleges and universities and $39 billion for child-care providers.
- Sen. Joe Manchin (D., W.Va.), a centrist Democrat whose support will be key to passing the legislation, had called for the payments to begin phasing down at $50,000 for individuals and $100,000 for couples.
- He said Monday that he would study the House bill. “I’m going to look at it, as long as we’re targeting to people that really need it,” he said.
Job Openings Pick Up in Pandemic-Resilient Industries – Wall Street Journal, 2/9/2021
- The number of help-wanted ads returned to pre-pandemic levels in January, particularly among industries that have weathered the pandemic relatively well, a sign that hiring could pick up from its sluggish pace at the start of the year.
- Available jobs on job-search site Indeed were up 0.7% at the end of January from Feb. 1, 2020, according to the company’s measure of job posting trends.
- The number of postings to the site has grown since hitting a low in May, though the pace of new openings has slowed in recent months, Indeed said.
- In the industries hit hardest by the pandemic, Indeed said job postings are lagging.
- Openings in hospitality and tourism, for example, are down nearly 37.9% from Feb. 1, 2020, according to Indeed’s data. In arts and entertainment, the number of postings on Indeed at the end of January were 16.8% below pre-pandemic levels.
U.S. job openings edge up in December, hiring declines – Reuters, 2/9/2021
- U.S. job openings increased marginally in December while hiring declined, pointing to a labor market that was treading water amid a raging COVID-19 pandemic.
- Job openings, a measure of labor demand, rose to 6.65 million on the last day of December from 6.572 million in the previous month, the Labor Department said on Tuesday in its monthly Job Openings and Labor Turnover Survey, or JOLTS report.
- The job openings rate ticked up to 4.5% from 4.4% in November.
- Hiring dropped to 5.54 million from 5.94 million in November.
- The hiring rate declined to 3.9% from 4.2% in November.
- Layoffs decreased to 1.81 million in December from 2.056 million in the prior month.
- That lowered the layoffs rate to 1.3% from 1.4% in November.
$15 Minimum Wage Would Cut Employment, Reduce Poverty, CBO Study Finds – Wall Street Journal, 2/9/2021
- Raising the federal minimum wage to $15 an hour by 2025 could deliver raises for 27 million workers and lift 900,000 Americans above the poverty threshold—but the policy would cost 1.4 million Americans their jobs over the next four years, according to a study released by the nonpartisan Congressional Budget Office Monday.
- The study reaffirms a finding that a $15 minimum wage could cost the U.S. jobs, slightly increasing a job-loss estimate from a widely cited 2019 CBO study.
- While many Americans would see raises, the analysis showed a minimum-wage increase would cause prices to rise, the federal budget deficit to widen and overall economic output to slightly decrease over the next decade.
- While more than one million would lose jobs, the report said 17 million U.S. workers, or about 10% of the labor force, would have their pay increased. Another 10 million workers who earn slightly more than $15 an hour could also potentially see pay increases.
Biden, India’s Modi Discuss Myanmar, Security Challenges Posed by China – Wall Street Journal, 2/9/2021
- President Biden spoke with Indian Prime Minister Narendra Modi on Monday, discussing regional security issues that revolve around China and the upheaval in Myanmar, the White House said.
- The two leaders agreed to promote a free and open Indo-Pacific, “including support for freedom of navigation, territorial integrity, and a stronger regional architecture through the Quad,” the White House said in a statement about the call, referring to the four-nation group that also includes Japan and Australia.
- Although China wasn’t mentioned by the White House, increased Chinese patrols around Japanese-controlled islands in the East China Sea last year steered the democracies toward heightened cooperation. The Quad reformed in 2017 in part to address a rising China.
- Messrs. Biden and Modi also discussed the upheaval in Myanmar as well as Covid-19 and climate change, according to the White House.
EUROPE & WORLD
Honda raises full-year profit forecast helped by car sales rebound, cost cuts – Reuters, 2/9/2021
- Japanese automaker Honda Motor on Tuesday hiked its full-year operating profit forecast 23% to 520 billion yen as demand in China and elsewhere gained momentum and it trimmed costs.
- Honda’s latest profit forecast is up from the 420 billion yen profit it predicted three months ago and higher than an average 463.6 billion yen forecast from 21 analysts, Refinitiv data shows.
- The maker of the CR-V SUV crossover also posted a better-than-expected 67% jump in operating profit for the three months to Dec. 31 to 277.7 billion.
- That result was better than an estimated average of 176.72 billion yen from eight analysts surveyed by Refinitiv SmartEstimate.
- Honda said expects to sell 4.5 million cars globally in its business year to March 31 compared with a previous forecast of 4.6 million vehicles
Pot producer Canopy Growth sees profit in 2022 as costs drop, sales rise – Reuters, 2/9/2021
- Canopy Growth, the world’s largest pot producer, said on Tuesday it expects to turn a profit in the second half of 2022 after aggressive cost-cutting and higher demand for cannabis products helped narrow third-quarter losses.
- Canopy, which sells a range of products from dried flowers to chocolates and drinks mixed with weed, said its net revenue rose 23% in the quarter to C$152.5 million.
- Expenses dropped by 15% to C$144.1 million.
- Its adjusted loss shrank to C$68.4 million ($53.74 million) from C$97 million in the third quarter, although asset impairments and one-time restructuring costs led the company to post a net loss of more than C$900 million.
- Canopy said it expects to start generating cash by fiscal 2024 and become operating cash flow positive a year before that, soothing market worries on profitability and sending the company’s shares up 2%.
Factmonster – TODAY in HISTORY
- Jefferson Davis was chosen as the president of the Confederate States of America. (1861)
- Senator Joseph McCarthy claimed he had evidence there were card-carrying members of the Communist Party in the State Department. (1950)
- The Beatles made their first appearance on The Ed Sullivan Show. (1964)
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- ZEEKR announced that the first European homologation of its ‘001’ EV model rolled out of its factory in China.
- The company also announced four more European territories that the newcomer will enter, in addition to the Netherlands and Sweden.
- The brand’s premium orientation could make for interesting comparisons between its sibling company Volvo.
Another Chinese EV company makes its first foray into Europe
ZEEKR, a premium-oriented electric car brand owned by Geely, the conglomerate behind other brands such as Volvo, Lotus, and LEVC, announced earlier this year that two of its EV models already sold in China – the compact SUV ‘X’ and shooting brake style ‘001’ would be hitting certain countries within Europe this year.
Now, the company has shown off the first ZEEKR 001 bound for Europe, rolling off its production line in Ningbo, China. At the same time, ZEEKR also revealed that the duo will be available in Norway, Germany, Denmark, and France in the near future, in addition to the already-confirmed markets of the Netherlands and Sweden. This is a similar strategy to Chinese manufacturer NIO, who initially launched its models in Germany, the Netherlands, Denmark, and Sweden.
For now though, pre-orders are only open to those two nations. In the Netherlands at least, the ZEEKR 001 will start at €60,490 (£52,149), while the ZEEKR X starts at a lower €45,990 (£39,650). With prices similar to its sibling brand Volvo’s EV offerings, it’ll be interesting to see how Geely differentiates the two premium brands within the European market.
Pre-ordering also grants buyers three years free servicing and four months worth of free public charging, which should be something to sway them away from European alternatives.
The Euro-spec models differ slightly to the ones already being sold in China, namely the replacement of China’s own GB/T charging standard for the CCS charging port used throughout Europe.
Will the ZEEKR models make it to the UK?
There was no mention of the UK yet, but the company noted that it is “actively exploring entry” into additional markets. With the RHD conversion adding complexity to the production line, the UK will need to show sufficient appetite for the ZEEKR brand – Tesla recently has quietly discontinued the right-handed versions of its Model S and Model X. However, ZEEKR’s premium EV Chinese rival NIO has confirmed that it will be launching in the UK soon.


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7Fresh Are Using Electronic Price Labels In Store Cubelabel
JD launch their brand new store chain 7FRESH after Alibaba’s Hema supermarket. China’s main e-commerce players are both opening offline stores with their online experience, they deployment their physical stores with rich technologies, such as electronic price labels, self-service payment, smart shopping cart, face recognition payment, they keep on competition on expending new areas.
“JD is uniquely positioned to bring this premium-quality offline shopping experience to Chinese consumers because of our supply chain technology and scale as the country’s largest retailer,” announced by Xiaosong Wang, CEO of 7Fresh and President of JD Fresh, “With the highest efficiency and the greatest knowledge of consumer preferences, as well as access to the highest-quality products, we can invest in a premium experience far beyond anything Chinese consumers have experienced before.”
Meanwhile, Alibaba invests more and more to its own grocery stores, through the conglomerate’s ongoing integration of online and offline retail, will “eventually use New Retail technology to upgrade China’s entire retail sector.”
When you coming through both 7FRESH and Hema, you will find out both of the stores are equipped with smart electronic shelf labels system, and the brands are a little different from the traditional store, because they use big data to identify which brands are more popular online, what sells well online, you will see them in the new store.


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CLEVELAND — Women’s Entrepreneurship Day Ohio returns for the third year for a virtual conference from 8:30 a.m. to 5 p.m. on Thursday.
The theme this year is "Resilient Leadership" and hopes to rally the local community together to ignite a network of female leaders, innovators and entrepreneurs to strategically scaled and deepened their impact.
The event is intended for businesses and nonprofit leaders and entrepreneurs.
Ambassador Lorraine Schuchart, founder of Prosper for Purpose, said women will be able to learn, do one-on-one networking and connect with other entrepreneurs during the virtual conference. She said the day has been catered to focus on what people have been struggling with this year and starting a business.
"It's a 2020 version of the event we have done in the past couple of years," Schuchart said.
Women’s Entrepreneurship Day is celebrated globally each year on Nov. 19 in more than 140 countries and at 110 universities with a mission to celebrate, support and empower women worldwide.
Social entrepreneur and Cleveland-native Wendy Diamond launched the Women’s Entrepreneurship Day Organization in 2014.
Diamond wanted to bring more support and awareness to the global impact of women in business and recognized that women in business are a force for good by financially elevating their families, neighborhoods, communities and countries.
“It’s inspiring to see women across the globe unite for a single cause,” Diamond said. “By donating their time, effort and resources to Women’s Entrepreneurship Day, they are not only celebrating, supporting and empowering women in business in over 100 countries but also contributing to global unification.”
Keynote speakers include Captain Courtney Schoch, airline captain, author, philanthropist and leadership consultant; Chris Kenny, business leverage expert; and Jeni Britton Bauer, founder and chief creative officer of Jeni’s Splendid Ice Cream.
Breakout sessions will discuss business design, creating balance, cognitive flexibility, side hustles, diversity and inclusion, and the benefits of a multi-generational workforce.
“The overarching goal of WED Ohio is to help women entrepreneurs build successful businesses that also positively impact their communities, distinguishing [the day] from other entrepreneurial and leadership seminars,” Schuchart said.


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Apple to Hold iPhone Event On Sept 9
Apple Inc has scheduled a "big" media event related to the iPhone for September 9, technology news website Re/code said, without citing sources.
Apple usually launches the newest version of its iPhone in September. The company did not immediately return emails seeking comment.
Analysts and media reports have said Apple may launch two iPhone models with 4.7 and 5.5 inch screens this year to compete with Samsung Electronics Co Ltd's popular Galaxy Note 3 phablets, which have a 5.7 inch display.
Apple's current iPhone models, the 5S and 5C, have a 4 inch display panel.
The company has asked suppliers to manufacture 70-80 million units of the new large-screen iPhones by the end of the year, the Wall Street Journal reported in July.
Apple's shares were down 0.8% at $94.81 in late afternoon trading on Tuesday.