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EU Pushes For Early Resumption Of FTA Talks With India
Failure to finalise a deal will have adverse impact on trade as India's bilateral investment pacts with several EU-member countries are expiring soon
Photo Credit : Reuters
The European Union on Friday sought a fresh push by India to restart negotiations at the earliest for long-pending free trade agreement between the two sides, saying failure to finalise it will have adverse impact on trade as India's bilateral investment pacts with several EU-member countries are expiring soon.
Vice-President of European Commission Jyrki Katainen held talks with Finance Minister Arun Jaitley and Commerce Minister Nirmala Sitharaman and apprised them about the urgency to start the stalled negotiations for the FTA.
Katainen said India's existing trade and investment agreement with The Netherlands will come to an end in two weeks while similar pacts with several other EU countries will expire in the months of March, April and May which will make it difficult for the European countries go for fresh investment in India.
As per European Union law, no member country now can go for bilateral trade and investment pact with India as the grouping is in negotiations for a EU-India Broad-based Trade and Investment Agreement (BTIA). By end of 2017, India's trade and investment pact with 23 countries are likely to expire, according to EU officials.
Katainen said EU considers India to be a very attractive destination for investment but absence of the BTIA may dampen the enthusiasm as there will be no protection to investment.
He said in such as scenario the cost of the capital will also go up significantly.
He said failure to finalise the agreement will create legal vacuum in trade and investment between European countries and India as bilateral pacts are expiring. He also referred to India changing foreign investment model.
Asked about his meetings with Jaitley and Sitharaman, Katainen, who looks after issues relating to jobs, investment and competitiveness, said, "We did not get a clear answer on BTIA." At the same time he hoped negotiations between the two sides will start soon.
"If BTIA is solved, everybody will be benefited. It is a strategic issue for us. India is strategically important for us... We are ready to fast-track the negotiations," he told reporters.
The BTIA talks have been stalled since May, 2013, when both sides failed to bridge substantial gaps on crucial issues, including data security status for IT sector.
Launched in June 2007, negotiations for the proposed agreement have witnessed many hurdles as both the sides have major differences on crucial issues.
In the EU-India Summit in Brussels, the two sides had failed to make any announcement on resumption of the negotiations as many bottlenecks still remain.
The two sides are yet to iron out issues related to tariff and movement of professionals but the EU has shown an inclination to restart talks.
Besides demanding significant duty cuts in automobiles, the EU wants tax reduction in wines, spirits and dairy products, and a strong intellectual property regime.
On the other hand, India is asking for granting 'data secure nation' status to it by the EU. The country is among nations not considered data secure by the EU.
The matter is crucial as it will have a bearing on Indian IT companies wanting market access.


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Radio announcer Scott ‘Dools’ Dooley and former swimmer Michael Klim are two of six new celebrity ambassadors for Hamilton Island, participating in a new social media initiative called the Ultimate Instameet: Return2Paradise.
The campaign, which runs from 17 to 19 May, also features model and TV presenter Rebecca Judd, We Are Handsome founder and designer Jeremy Somers, mother, businesswoman and Balinese princess Lindy Klim, food photographer and cookbook author Billy Law and one of Australia’s top 10 Pinterest users Luisa Brimble.
These personalities, selected for their influence on Instagram (the celebrities have a combined Instagram following of over 115,000 fans), will be joined by Australian, UK and Chinese Instagrammers and competition winners for a weekend Whitsundays’ getaway.
The group will experience the region’s produce, sights and unique activities, which they will capture and share on Instagram, Facebook, Twitter, Pinterest, Google+, Tumblr and China’s Tencent Weibo, reaching social media users in Australia, United Kingdom, China, and beyond.
Sophie Baker, Hamilton Island’s senior communications manager said: “Instagram is a modern-day postcard; a way to share your travel experiences in real-time with friends, family and followers around the globe.
“By credibly tapping into the power of social influence and the vast networks of these well-known Instagrammers, we’re able to promote Hamilton Island to a much broader, connected and socially-savvy audience who like to emulate the experiences of those around them.”
A bespoke itinerary s will include three-course feasts at Qualia’s waterside Pebble Beach and a day trip to nearby Whitehaven and Chalkies beaches.

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Because Toyota Camrys don't star in our adolescent fantasies any more than yours, the videos below feature none of them.
Read This Article
When the all-new Cadillac XTS sedan made its debut at the Los Angeles Auto Show last year, more observant press members noted something immediately: the XTS was too small.
When a car wants you to drive it, you should never say no.
Cross-cultural exchanges abound.


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CBS CMO George Schweitzer discusses how the network is using social media, plus old-fashioned face-to-face conversation to promote its shows.
CBS CMO George Schweitzer discusses how word of mouth travels faster than ever these days because of social networking.
While the rest of the developed world looks at the controversy over healthcare reform in the US with a mix of embarrassment and disbelief, Americans have experienced a raging debate this summer that was to a large part driven by word-of-mouth online.
BBM is one of the rare bright spots at BlackBerry right now, and the company is hoping to capitalize through some word-of-mouth hype.
Three million Google Nexus 7 slates have been sold, with sales climbing due to word of mouth. Should the iPad be worried?
Let face it, developer tools are boring. So how has this young Australian company grown to 18,000 customers and $100 million in annual revenue without salespeople? Word of mouth.
Open source has traditionally relied on geeks for development and word-of-mouth marketing. To reach the next level, however, open source needs more focus on UI.
Forget word of mouth. Google is promoting its open-source Web browser on YouTube and Facebook.
BzzAgent, a leading word-of-mouth marketer, scores funding and plans to expand its operations and staff.


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De Vere Group, the luxury hotel and leisure chain, has unveiled a new brand identity devised by Corporate Edge.
The rebrand is being rolled out throughout the year. De Vere Hotels & Resorts currently comprises 19 properties including The De Vere Belfry and The Cavendish in Mayfair, London and aims at the conference and higher-end short break market.
John Rogers, sales and marketing director, said that the new identity would help bolster the message that De Vere was not a "cookie cutter" chain but neither were its properties so disparate customers would be unsure what kind of experience was on offer.
He said: "The old identity was a little corporate in feel. The new one demonstrates flair and our commitment to delivering special experiences."
"We want people to understand that we are absolutely first choice for conference and leisure breaks," he added.
Village Hotels & Leisure Clubs, which operates in the mid-market, is attempting to overhaul its "country club" image and project a more "informal and friendly atmosphere".
Brand manager of the 15 strong chain Jo Scott said: "With a leisure club, pub, restaurant, meetings and conference facilities all under one roof there's always something going on and our previous brand identity didn't capture that at all."
The next Village Hotel opens in Hull on 27 February.
Corporate Edge has wide experience of hotel branding and worked on budget brand Travelodge's new identity, unveiled in March last year.
By Branwell Johnson
This article originally appeared on mad.co.uk, the website which delivers business insight to professionals in marketing, media, new media, advertising and design.To subscribe to mad.co.uk and receive full access to their database of articles on these industries, click here.
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China electric vehicle sales soaring
Baidu (BIDU) has partnered with Chinese automaker Chery to produce electric vehicles powered by its artificial intelligence software, according to a report from the South China Morning Post. The Chery sport utility vehicle powered by Baidu’s DuerOS operating system is expected to go on sale in China in April.
Separately, Baidu led a nearly $450 million investment in Chinese electric vehicle startup WM Motor Technology. A WM Motor vehicle built in collaboration with Baidu is expected to enter the market in 2021. China is a hot market for electric vehicles thanks in part to favorable government policies. According to a report from CleanTechnica, some 1.1 million electric vehicles were sold in China in 2018. China’s electric vehicle market is forecast to continue expanding with over 2.0 million electric vehicles expected to be sold in the country this year.
Tesla raises funds for China expansion
Baidu earns royalties from the use of its software, meaning that the company stands to reap huge benefits if Chery’s vehicle powered by its software strikes a chord with Chinese vehicle buyers.
Baidu’s partnerships with Chery and WM Motor mean it’s wading into a scene that Tesla (TSLA) has sought to dominate. Given its rapidly expanding electric vehicle market, China is a key market for Tesla. Tesla recently secured a loan of more than $520 million from Chinese lenders to expand its operations in the country, according to a Bloomberg report.
Baidu business diversification
For Baidu, venturing into the electric vehicle market is part of its efforts to diversify its business. At the moment, Baidu relies on advertising for the bulk of its revenue. In the fourth quarter, for instance, Baidu derived 78% of its revenue from advertising. Yandex (YNDX) and Google parent Alphabet (GOOGL) derived 76% and 83% of their revenues from advertising in the fourth quarter, respectively. Facebook (FB) and Twitter (TWTR) derived 98% and 87% of their revenue in the fourth quarter from advertising, respectively.


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New award to recognise Devon exporters
A new award will honour Devon-based businesses that are leading the economic recovery by selling UK products and services abroad.
The Outstanding Export Award will recognise manufacturing businesses that are exploiting new markets and winning new businesses world-wide.
Jeegar Kakkad, an EEF senior economist,said: “Manufacturers are making the most of a weak British pound in overseas markets, thus achieving a surge in export opportunities.
“It’s time for us to acknowledge manufacturers’ initiative, investment and innovation towards advancing our export opportunities to help drive the UK’s economic recovery.”
Susan Haird, acting chief executive of UK Trade and Investment, added: “Manufacturers are leading the exporting renaissance this country is experiencing.
You may also want to watch:
“Companies that export grow faster, become more resilient to downturns and become more profitable. This award will celebrate and recognise those companies and I hope inspire others to win business abroad.”
Awards winners will be announced in five UK regions across England and Wales during November, culminating in a national award for the UK’s most outstanding export manufacturer in January 2012.
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- 5 Police to use ANPR cameras to enforce Covid rules across Devon
- 6 '2020 was the worst year of my life so far' - Molly Bond
- 7 Liz Pole: Whitford celebrates new ultrafast broadband
- 8 Arc thanks Tesco customers for Wish Tree donations
- 9 Celebs urged to lead by example and stay away from Devon
- 10 Lockdown services in Lyme Regis


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Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on electrum servers, which presents some security and privacy trade-offs. If you use an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.
You can use Security Seeds to recover your wallet on any Electrum client, even on the Electrum Wallet online web program.
DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.
Harry Denley, chief security officer of MyCrypto, a cryptocurrencies wallet company, detailed the discovery of the malicious extension in a blog post. Denley explained that the deleted apps impersonate known cryptocurrencies wallets, including Ledger, Trezor, Jaxx, Electrum, MyEtherWallet, MetaMask, Exodus and KeepKey.
How does Electrum Litecoin prevent hackers?
Let's talk about how to pick up the BCC, for example, if you were using an Electrum wallet.
It's not hard to run your own Electrum server and point your wallet to just use it. This restores Electrum to the point where it has the same privacy and security attributes as the full node, where no one else can see the address or transaction that the wallet is interested in. Electrum then becomes an all-node wallet.
Dash Electrum 188.8.131.52 was released, renamed Dash-Electrum, adding the option to use Tor Proxy at startup, according to Dash Coin. DASH is now trading at $159, down 3.26 percent.
Millions of dollars of digital currency have been stolen, according to Electrum officials. Devi Security Labs recommends that users of Electrum Wallet update to the latest version of the client via the official website and never use the link in the prompt message.
how to use electrum with keepkey
If you feel that your recovery monemone has been lost or stolen, immediately transfer your digital currency from your keepkey to another temporary wallet, erase your KeepKey device and initialize your KeepKey to get a new recovery monemone.
Hard Fork has contacted KeepKey for more information about how it plans to respond to this latest vulnerability, which will be updated if we receive a response.
Hackers discovered and targeted malicious extensions of eight major crypto wallet brands, Ledger, Safe, Jaxx, Electrum, MyEtherWallet (MEW), MetaMask, Exodus and Shapeshift KeepKey.Download DOCX about Electrum Archives - Crypto Guide


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SAN DIEGO, March 23, 2018 /PRNewswire/ -- Collete Davis, 24, one of the most promising and dynamic race car drivers in the sport, will be an ambassador and spokesperson for the XYO Network. Davis, currently driving the Wonder Woman Monster Jam Truck as well as competing in Sports Cars and Top Drift, will bring her high-energy, calculated risk-taking, and aptitude for business to the role. The announcement comes as Davis represents the company during the Monster Jam World Finals this weekend March 23-24 in Las Vegas, Nevada.
"When I moved to Silicon Valley 6 years ago, I quickly learned how cryptocurrencies were the future. Fast forward to now, it's been incredible to see the industry's progress and the XYO Network is a game changer in the space."
"I'm incredibly excited to announce my brand ambassadorship with XYO Network," said Davis. "As a race car driver, engineer, and entrepreneur, I understand the speed that this technology will be adopted and I'm proud to represent the XYO Network."
A leader in crypto-location technology
As all forms of commerce become more reliant on location data, smart cities and companies of the future will increase their dependence on that data exponentially. However, one of the biggest challenges is finding a more efficient and foolproof way to deliver trustworthy location data. XYO Network has focused efforts on making trustless location data possible through an ecosystem of crypto-location technologies and protocols.
An eCommerce company like Amazon could offer payment-upon-delivery services as it tracks the location of a package along every single step of fulfillment; from the warehouse shelf to the shipping courier, all the way into the consumer's house and every location in between. The shipment is not considered complete until the package is safely inside the consumer's home and payment to the vendor is released via XYO tokens. This is one example of the trillion dollar trade markets that depends on delivery or location.
Markus Levin, XYO Network co-founder, said: "We are equally elated to have Collete as a spokesperson. Location data is a quiet cornerstone of our daily lives. Its use has increased significantly over the last decade. With a fully automated world on the horizon, the demand for it will grow exponentially. The XYO Network vision perfectly aligns with Colette's boldness. We are excited to launch this platform with her spirit and drive."
About Collete Davis
Collete Davis is a professional racecar driver, stunt driver, entrepreneur and national TV Host. She went to school at Embry-Riddle Aeronautical University for Mechanical Engineering and entrepreneurship at 16, and moved to Silicon Valley at 18 to be mentored by VC Tim Draper at Draper University. With numerous wins under her belt across multiple forms of racing, she's now competing in sports cars, drift competitions and is the new driver of the 12,000lb Wonder Woman Monster Jam truck. In 2017, Collete was the host of 'Girl Starter', a competition TV show for female entrepreneurs on TLC. Collete is also one of Microsoft's "People of Action" where she promotes STEM education and women empowerment internationally with the organization.
About XYO Network
XYO Network built the world's first decentralized location verification system with more than one million Bluetooth and GPS devices already around the world. After years of investment and breakthroughs in crypto-location technology, XYO is poised to help bring the promise and the benefits of blockchain technology to the real world on a massive and global scale in location-reliant trade markets that generate trillions in activity. For additional information, visit xyo.network.
Phone: (760) 487-8421
SOURCE XYO Network


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March 14, 2023
A new survey by Philip Morris Limited (PML) has revealed the growing concern among convenience retailers on the possible rise in the consumption of cheap, illicit cigarettes as a result of the lingering cost of living crisis.
According to the survey, conducted by KAM, over half (51%) of responding convenience stores said they felt concerned that the current economic climate will increase the consumption of cheap, illicit cigarettes this year.
The survey asked 250 UK convenience retailers a series of questions on what trends may emerge in the tobacco and smoke-free categories in 2023.
When asked if greater access to, and awareness of, affordable smoke-free alternatives would help reduce any potential increase in the consumption of illicit cigarettes, 40 per cent of the retailers said that it would.
In response to the rising cost-of-living, 46 per cent of retailers also plan on expanding their smoke-free product range to offer adult smokers more affordable alternatives, such as e-cigarettes, heat-not-burn products, and nicotine pouches.
Figures released last year in a report by KPMG, and commissioned by Philip Morris International (PMI), found close to one-in-five cigarettes consumed in the UK in 2021 were illicit – up to almost one-in-three in some areas, such as the North East of England. This increase was fuelled by counterfeit cigarettes, growing 34.1 per cent in 2021, meaning they are now the most prevalent form of illicit cigarette in the UK.
“The concerns of UK convenience retailers on the potential increase in illicit tobacco consumption are certainly justified, given the current cost-of-living crisis and the fact that criminal networks have a history of exploiting financial vulnerability,” Will O’Reilly, a former Detective Chief Inspector at Scotland Yard and a consultant on the illicit trade of tobacco and other nicotine products for PML, said.
“In recent years, the black market has evolved rapidly – moving beyond tobacco to include other nicotine-containing products, particularly illegal disposable vaping devices. This is another key concern for those retailers operating on the right side of the law and committed to giving their adult customers access to quality, compliant and trust-worthy smoke-free alternatives.”
Kate O’Dowd, head of commercial planning at PML in the UK and Ireland, has advised retailers to ‘deal directly with legitimate manufacturers with a solid track-record in the responsible commercialisation of smoke-free products’.
“PMI has invested $10.5 billion (£8.6bn) in the research and development of science-based, smoke-free products and apply scientific methods – inspired by the pharmaceutical industry – to ensure every product adheres to the highest manufacturing standards and strict quality control measures,” she said.
“This approach extends to our expanding multi-category portfolio of smoke-free products in the UK, which includes IQOS – the UK’s number one heat-not-burn product – and VEEBA, a premium and recyclable disposable e-vapour device that strives for excellence in design, quality, and compliance.”


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The liberalisation of the EU sugar market next year must be accompanied by market measures to maintain sugar beet production and allow the sector to retain its strategic importance, according to a recent EU report.
A limit on permitted levels of industrial trans fats in food is the most effective way to reduce Europeans' risk of heart disease, says the European Commission in its long-awaited report - but it does not say what that limit should be.
A €1.2m ($1.5m) EU research project, BioActiveLayer, is developing a flexible packaging material for dried foods: citing the need for a pouch that is both biodegradable and meets demanding shelf life requirements.
Taxes imposed on sugary, salty or fatty foods do lead to reductions in consumption, says the European Commission in a new report. But higher taxes could also encourage consumers to simply go for cheaper products, it warns.
Sustainable palm oil trader GreenPalm will use this year’s European Roundtable for Sustainable Palm Oil (RSPO) Summit as a platform to urge key players in the EU palm oil industry to galvanise shared knowledge and promote sustainable sourcing.
The Committee of European Sugar Users (CIUS) has called on EU member states and the Commission to take adequate measures to avoid sugar shortages and guarantee a sufficient stock level at the end of this business year.


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Louis Fortunoff Dies at 47
October 23, 2012,
NEW YORK-Louis Fortunoff, an executive with the Fortunoff specialty chain, died on Saturday after suffering from pancreatic cancer, according to published reports. He was 47 years old.
Fortunoff was the son of son of Helene and the late Alan Fortunoff, whose parents founded the upscale home furnishings store which had locations in New York and New Jersey but ultimately went out of business in 2009. Louis Fortunoff began working in the family business in 1988 and held various positions in operations, finance, public relations and merchandising, reports said.


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Today, Valiant announced seven new series at their annual #ValiantSummit.
The fab four return in Titan’s summer Doctor Who crossover comic event, and they’re bringing Cybermen to the party. In addition to the July 6 launch of John Barrowman’s Torchwood comic series event, Titan announced today that a five issue, bi-weekly series featuring Doctors Nine through Twelve will kick off that same day.
Launched in 2014, Magnetic Press quickly made its presence known in the comic book industry thanks to its diverse line of narrative innovative and visually powerful stories. This summer, the company plans to add four new titles to its lineup, including a third installment in its popular series of wildlife graphic novels, Love. From fans of Her to fans of The […]
Talk about some stunning Friday night news! At ComicsPRO tonight, Image Comics announced that they would be partnering up with Diamond to launch Image+, a monthly magazine that will ship with the long running PREVIEWS catalog. Clocking in at 64 pages each month, each of the first 12 issues of the magazine will feature four […]


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Losses at buy-now pay-later (BNPL) player Zip Co (ASX: ZIP) have blown out to $240 million despite the company achieving record group revenue in the half year ending 31 December 2022.
The company, helmed by co-founder and CEO Larry Diamond, saw users push transaction volumes to new heights in the period, hitting a record of $4.9 billion - up 10 per cent year on year.
Record transaction numbers were also achieved by the BNPL company, with 42.2 million transactions recorded across the half year - up 17 per cent year on year.
Improvements to the company’s bad debt situation have continued too, with group credit losses now accounting for just 1.9 per cent of total transaction volume (TTV), an improvement on 2.4 per cent in 1H22 and now inside the group’s target range.
Diamond, who recently relocated to New York City to better manage the group’s growing US operations, says he is pleased with the first-half results as Zip accelerates its path to profitability.
“Although topline growth has been tempered by deliberate adjustments to risk settings, our strong net margin performance is a very clear proof point of the successful execution of our strategy to increase revenue margins and reduce credit losses,” Diamond says.
“In an environment of rising interest rates and high inflation our results demonstrate the increasing relevance of our products to customers and merchants. In Australia, the strength of our brand and product offering continues to resonate and is attracting new merchants such as eBay AU, Qantas, Jetstar and Uber which all launched during the period.
“The expected consolidation of our sector has begun and there are significant opportunities for Zip as this dynamic continues to play out. We have already experienced an increase in inbound merchant inquiries following recent developments in the market.”
The CEO adds that Zip has made a number of decisions to finalise the outcomes of a strategic review during the half, including the divestment, restructure or winding down of non-core businesses. This will deliver cash inflows during the second half and neutralise the cash burn in the non-core markets.
This means the planned wind down of its operations in the UK, Singapore and Mexico is now complete. Zip also commenced the wind down of its Middle Eastern business unit Spotii in the half.
“With these proceeds and the improvements we are seeing in the core business, we have sufficient cash and liquidity to deliver on our target of group positive cash EBTDA during HY24,” Diamond says.
Zip’s US business delivered positive cash earnings in November and December, and remains on track to join the Australian business in being profitable by the end of the financial year.
“The US opportunity remains in its early stages with the total addressable market estimated to be almost US$10 trillion and BNPL penetration still under 2 per cent of total payments, demonstrating the sheer size of the opportunity that we are positioned to capture,” Diamond says.
Deeper customer engagement drove a 9 per cent year-on-year increase in spend per active customer in the US, while 23 per cent revenue growth was achieved in Australia thanks to strong rollout of enterprise merchants including eBay, Qantas, Jetstar and Uber.
Shares in Zip are down 4 per cent to 54 cents per share at 12.30pm AEDT.
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Can we have a conversation?
What’s on your mind?
Can’t get it all done, need more time in the day?
Now, let me ask you…when was the last time you were in a large department store?
Ok, one more…when is the last time you shopped for something online?
That’s what I thought.
It’s 2017. So far…
Macy’s has announced that it will be closing 68 stores (having closed 36 stores in 2016) and plans to sell a portion of its massive Chicago flagship store.
Michael Kors announced that it will close between 100 and 125 stores.
BCBG announced that it will close about 120 stores.
More brick and mortar retailers closing stores in 2017 include Gap, Perfumania, Sears, Kmart, JCPenney, Gymboree, Ascena Retail Group (which owns Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice), Bebe, Abercrombie & Fitch, Guess, The Limited, Gander Mountain.
The Nordstrom family has announced that it is considering buying out shareholders and going private after sales declined since 2014 in its full-line stores.
Neiman Marcus, on the heels of its sixth straight quarter of declining sales, announced in March that it was putting itself up for sale, then after a reorganization, announced that it would cut 225 employees.
“I’m not in retail,” you’re thinking, “What does all of this have to do with me?”
What if I told you it could be the key that unlocks everything?
The extra hours you need in the day. The time to spend with your kids. The additional income to make that change you’ve been wanting to make.
Everything is changing.
Let’s talk. I want to help.
Start today with a conversation.


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Zacks: Analysts Anticipate Paypal Holdings Inc (PYPL) Will Announce Quarterly Sales of $3.63 Billion
Equities research analysts predict that Paypal Holdings Inc (NASDAQ:PYPL) will post $3.63 billion in sales for the current quarter, according to Zacks. Twelve analysts have made estimates for Paypal’s earnings, with estimates ranging from $3.60 billion to $3.67 billion. Paypal posted sales of $2.98 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 21.8%. The business is expected to issue its next earnings results on Thursday, January 25th.
According to Zacks, analysts expect that Paypal will report full-year sales of $3.63 billion for the current financial year, with estimates ranging from $12.95 billion to $13.02 billion. For the next fiscal year, analysts expect that the business will post sales of $15.36 billion per share, with estimates ranging from $15.08 billion to $15.70 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Paypal.
Paypal (NASDAQ:PYPL) last announced its quarterly earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Paypal had a return on equity of 11.33% and a net margin of 12.69%. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 earnings per share.
In other Paypal news, Director Rodney C. Adkins purchased 6,750 shares of the stock in a transaction on Friday, December 8th. The stock was acquired at an average price of $74.04 per share, with a total value of $499,770.00. Following the transaction, the director now directly owns 10,149 shares of the company’s stock, valued at approximately $751,431.96. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.00% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC grew its holdings in shares of Paypal by 36.1% during the 2nd quarter. FMR LLC now owns 82,268,871 shares of the credit services provider’s stock worth $4,415,371,000 after acquiring an additional 21,814,940 shares during the period. Vanguard Group Inc. grew its holdings in shares of Paypal by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 77,758,731 shares of the credit services provider’s stock worth $4,173,311,000 after acquiring an additional 2,115,017 shares during the period. BlackRock Inc. grew its holdings in shares of Paypal by 4.7% during the 2nd quarter. BlackRock Inc. now owns 62,938,949 shares of the credit services provider’s stock worth $3,377,936,000 after acquiring an additional 2,835,027 shares during the period. Fundsmith LLP grew its holdings in shares of Paypal by 6.8% during the 2nd quarter. Fundsmith LLP now owns 14,051,261 shares of the credit services provider’s stock worth $754,131,000 after acquiring an additional 889,976 shares during the period. Finally, TIAA CREF Investment Management LLC grew its holdings in shares of Paypal by 0.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 12,608,026 shares of the credit services provider’s stock worth $676,673,000 after acquiring an additional 84,888 shares during the period. 81.90% of the stock is owned by institutional investors and hedge funds.
Shares of Paypal (PYPL) traded up $2.05 during midday trading on Wednesday, hitting $82.47. The stock had a trading volume of 7,145,494 shares, compared to its average volume of 8,500,000. The stock has a market capitalization of $99,120.00 and a PE ratio of 64.43. Paypal has a one year low of $39.02 and a one year high of $82.61.
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PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.
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Get the facts on the impact of NJ’s legal online casinos with our exclusive white paper below. Learn how legal online gambling is generating hundreds of millions in revenue for casinos, tens in millions in tax revenue for the state, and creating thousands of jobs while supporting tens of thousands more. You may need to disable pop-up blockers to download the report.
[pdf-embedder url=”https://www.njonlinecasino.com/wp-content/uploads/2017/10/NJ-Online-Casino-Fact-Sheet-October-2017.pdf” title=”Regulated Online Gambling: Building A Stronger New Jersey – Click here if PDF does not load”]
New Jersey legalized online casinos in February 2013, and play began in November 2013. Both casino and online poker are available in New Jersey. Since the launch, the casino has become the dominant product, with some 85 percent of total revenue coming from casino play.
The state is home to a wide variety of operators. Any site offering legal online gambling in New Jersey does so in cooperation with a land-based casino that holds a license to operate in Atlantic City. That means that in addition to well-known, land-based brands with an online presence — such as Golden Nugget’s online casino or the Tropicana’s online casino, there are also less-familiar names operating in partnership with those casinos, such as Virgin Online Casino and Betfair NJ.
In all, over a dozen brands are offering legal internet-based gambling in the state of New Jersey, and more are likely to be added. Interest in the market continues to grow primarily because of the strength of the market. Every year since launch, New Jersey’s legal gambling sites have posted impressive revenue gains, a trend that seems set to continue through 2018.
In addition to the revenue generated by legal online gambling in NJ, the state’s legal online casinos are having another positive impact: creating new customers. As our fact sheet shows, major operators have testified again and again that the online customer is by and large a new customer, meaning that online gambling revenue is not coming at the expense of land-based casino revenue. Many operators report that online players end up visiting the land-based casino, generating even more revenue for Atlantic City’s casinos as a result of the legalization of online gambling.


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It looks like the sportsbooks
are not the only ones falling prey to the enormously successful professional
football handicappers at
Rumor is rampant that the Jim Feist Proline TV show could
soon be on the brink of extinction as they struggle to make budget.
It’s no secret that the company has lost
href=”http://www.bigstickmedia.com/pr-2009-10-07.pdf”>$2.6 million over the
previous two quarters fighting an uphill battle losing clients to superior
href=”http://www.offshoreinsiders.com/”>sports handicapping dynasties.
According to industry expert Brian Kayma
of CasinoBettingNews.com, “Feist built an empire by being the first and biggest
on cable television. Wayne Allyn Root tried to
duplicate but made the blunder of hiring washed up athletes and middling
coaches to lend their name.
Steve Budin, Brandon Lang, and
Al DeMarco have tried a similar model on regional
sports networks. Jonathan Stone, Jeff Allen, and a list of
suspects purchase expensive radio infomercial time. Johnny Bono is buying “
class=SpellE>telematched” calling lists. None of the above can
class=GramE>compete with the unprecedented winning of Stevie Vincent,
Joe Duffy, Mike Godsey, and
style=’color:windowtext’>Matt Rivers,” concludes
Boasts OffshoreInsiders.com CEO Joe Duffy, “We have a
simple, five-point business model:
1. Get the best handicappers and let the product sell itself.
2. Get the best handicappers and let the product sell itself.
3. Get the best handicappers and let the product sell itself.
4. Get the best handicappers and let the product sell itself.
5. Get the best handicappers and let the product sell itself.”
Duffy says that he has been an employee, General Manager,
and CEO in the industry spreading over a quarter century.
If a client purchases at least seven-days (minimum enough
to sample a product), the industry average is that 7-to-12 percent will still
be a client in two years. At
style=’color:windowtext’>OffshoreInsiders.com that number is a
mind-boggling 79-to-92 percent.
“Over the last four years, 90 percent of my clients were burned by higher
profile handicappers, but they become a client of BetOnSports360.com and never
look back,” says Stevie Vincent founder of forensic sports handicapping.
Why do clients keep coming back and back to
OffshoreInsiders.com, the advisors to 95 percent of professional sports
bettors? Says Duffy, “Sports bettors are essentially getting a Mercedes Benz
for less than they paid for a Yugo. The decision is
easy” when it comes to getting winning football
picks. The strategy of building a website around the best sports picks is


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The finance industry is one of the most targeted industries for cyberattacks, and it makes sense. When most cyberattacks are conducted for financial gain, bad actors would naturally be inclined to go directly where the money is. However, the mass disruption caused by digitization and FinTech has created recent shifts in the industry making them particularly vulnerable.
As the finance world becomes more digitized and financial institutions become increasingly interconnected, banking and financial services have become more efficient and inclusive for everyone. FinTech banking and payment apps like Venmo, PayPal, Robinhood, Mint, Chime, MoneyLion, and Card Curator are becoming more and more popular; and mobile banking, online lending, and contactless payments are on the rise. 75% of global consumers use at least one fintech service. Unfortunately, this convenience for customers is opening the industry to increasing numbers of cyber attacks.
Why the finance industry is particularly vulnerable
Cybercrime is on the rise and no industry is exempt from being breached, but recent attacks on financial institutions, large and small, have highlighted the vast vulnerabilities in the financial services space. Back in 2017, a breach at the credit reporting agency, Equifax, exposed the personal information of 147 million people. However, breaches aren’t the only risk plaguing the industry.
Jump ahead to March of this year when Silicon Valley Bank collapsed and, according to multiple security reports, hackers immediately started laying the groundwork to run business email compromise (BEC) scams. Signature Bank, a pro-crypto entity, also closed up shop in March and is being investigated by government agencies to determine whether the bank took adequate measures to detect potential money laundering by its clients. Earlier this year, the Cash App data breach potentially exposed the personal financial information of more than 8 million users.
So why are bad actors targeting the financial sector; and, more importantly, why are they finding so much success? Here are some of the reasons.
Financial institutions are an appealing target
Perhaps one of the most obvious reasons hackers target financial institutions is because they contain massive amounts of money and personal data. BEC attacks can be very lucrative in the financial services and FinTech sector; while banking and money transfer apps are attractive because they house significant amounts of financial, banking, and personal data.
Attacks are becoming more sophisticated
As more information and money flow digitally between applications and financial institutions, hackers can launch increasingly complex attacks that are difficult to block.
Though many of the popular methods remain the same (phishing, malware, fuzzing, DDoS attacks), the ways hackers are executing those attacks are becoming more and more sophisticated. Phishing emails are almost indistinguishable from legitimate emails and attack methods like fuzzing — a once slow and manual process — have become speedy and incredibly effective with the help of AI and machine learning. Even more frightening are the advanced tactics used to corrupt the integrity of financial data itself, including records, algorithms, and transactions. For instance, many hedge funds and high-frequency trading firms use algorithms and automated trading models to take advantage of minor price discrepancies in the market, and these are considered the lifeblood of a financial firm. If a bad actor steals the algorithm and holds it for ransom or sells it to a competitor, they stand to make a pretty penny. While lucrative for the hacker, it could cause major disruptions in the market.
The industry is undergoing massive digitization
Like many others, the financial industry is in the midst of digital transformation. Customers and businesses alike are demanding online financial services and the ensuing mass digitization has led to the emergence of FinTech. New applications have introduced modern banking, investing, and lending. As banks and traditional finance institutions modernize their technology and interface with FinTech products and applications, the attack landscape becomes increasingly vast. Each API gives attackers another entry point into a financial institution.
This increased vulnerability is exacerbated by the move to remote work for bank and financial services employees. Like many other industries, the move to remote work creates new challenges for IT teams as they struggle to keep their software, data, and devices safe.
The global payment messaging system lacks an owner
Most global money and security transfers are powered by SWIFT, an electronic payment messaging system. This means that an attack on SWIFT could result in a global financial crisis. In 2020, the Financial Stability Board (FSB) warned that “a major cyber incident, if not properly contained, could seriously disrupt financial systems, including critical financial infrastructure, leading to broader financial stability implications.”
The real issue is that SWIFT is vulnerable to an attack because it’s unclear who is responsible for protecting the system. Each government has its own cybersecurity regulations, and companies track security issues in silos. Layer on geopolitical tensions and mistrust between governments; and the collaboration necessary for securing the systems moves even farther away. Progress is slow and the constantly changing cyber risks don’t make forward motion any easier.
So, with a barrage of sophisticated attacks constantly hitting financial institutions, an electronic payment messaging system that lacks a cybersecurity owner, and an industry in transition; it’s clear that each individual business should prioritize securing its own data and operations. While that may not be an issue for larger financial institutions; smaller banks, lenders, and financial services firms are at a disadvantage.
Challenges facing small businesses in the financial industry
Of all industries, you would think that finance is not one that’s low on cash. And yes, many large corporations have the funds and manpower to secure their business effectively; but, as we saw with SVB and First Republic Bank, smaller banking institutions aren’t in the same boat. While large banks might be the target of nation-state attacks, small banks are targeted just as frequently because adversaries don’t discriminate.
Small banks lack the security teams and budgets to set up appropriate defenses, and hackers are aware of this – they see smaller firms as low-hanging fruit. But, compared to the big boys, small banks have much more to lose if they are attacked. One data breach could be all it takes to sink a bank.
Customers want to make sure their money is with a bank they can trust. If a bank isn’t a major player and its reputation is called into question, consumers will likely pull their funds immediately. That, of course, can put a bank’s financial solvency at risk. In fact, the National Cyber Security Alliance found that 60 percent of small firms go out of business within six months of a data breach.
Why cyber resilience matters
A robust cybersecurity strategy is no longer necessary just for large corporations. It’s a requirement for every business. That’s because it’s not a question of if a breach happens, but when. If you’re underprepared for an attack, the consequences could be devastating.
Breaches are expensive
IBM reported that data breaches in 2022 cost companies an average of $4.35 million. That includes ransoms paid, remediation costs, legal and compliance fees, lack of business continuity, and the costs associated with reputational damage. For the average small business, $4.35 million would be a devastating blow; something from which they’re unlikely to recover. Given those sobering statistics, it is apparent that any costs associated with securing your organization are well worth the price tag.
Keeping customers depends on it
When it comes to protecting their nest egg, their assets, and their savings, people aren’t willing to give banks a second chance. PCI Pal data showed that 62% of Americans claimed they would stop buying from a brand for several months following an attack. The finance and FinTech industry is becoming increasingly competitive, so a breach or even a security incident might be enough for customers to pull their funds and reinvest elsewhere. Also, with the new regulations put in place this March, the public will have more access to information about security incidents than ever.
Businesses need to meet U.S. and other global regulations
While regulations vary around the world, companies operating in the U.S. must meet criteria that are constantly changing. On March 9, the Securities and Exchange Commission (SEC) published a proposal for Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies. These new rules are meant to “enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and cybersecurity incident reporting by public companies.”
Then, on March 15, the Cybersecurity Incident Reporting for Critical Infrastructures Act of 2022 was signed into law; it requires companies to report significant cyber incidents. Previously, reporting incidents and cybersecurity practices was voluntary. While this transparency might be good for customers, it puts pressure on companies not only to maintain a robust cybersecurity strategy but also to ensure systems are in place for rapid reporting.
So here is the bottom line: to avoid fines, penalties, lost customers, and the significant financial costs of a breach, it’s essential to create a cybersecurity strategy, invest in the right tools, and then maintain your defense posture consistently.
How financial institutions can become cyber resilient
Financial institutions of all sizes need to invest in the cybersecurity basics, including email protection, endpoint protection, endpoint detection and response, privilege account abuse detection, and cyber insurance. They also need to protect data and algorithms with encrypted data vaults.
Multi-factor identification is a must for both customers and employees; and, ideally, customers should use biometrics to access their accounts on their apps. Because new regulations have put stricter requirements on reporting cyber instances, organizations also need to ensure they can quickly and easily gather and report that information.
More often than not, security breaches are a result of human error. So it’s essential to conduct cybersecurity training and establish policies around email best practices, internet and social media usage, remote access, password protection, and more. Additionally, a company should run regular phishing tests for employees and simulate cyberattacks so it knows where vulnerabilities lie.
For small banks, this can be quite daunting. Unless you have a robust in-house cybersecurity team, you’ll need to outsource at least some of your security efforts to an outside vendor. You need a partner who can provide 24/7 monitoring and response services. In an ideal world, that partner would also provide the necessary tools and technology to secure your organization.
While it’s rare to find such a partner, SolCyber is up to the challenge. Our Foundational Coverage ensures small to mid-sized businesses have everything they need and nothing they don’t. And we can get you up and running in days.
Ready to become cyber resilient? Reach out to SolCyber, the experts in cybersecurity, to see how we can help.
Follow us on the following social platforms!


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Apple Visionary, Steve Jobs Dies At Age 56
Apple Chairman, former CEO, and tech visionary, Steve Jobs died at the age of 56 from complications associated with his long battle of pancreatic cancer. Steve had taken a leave from Apple and a break from his duties as CEO in order to receive a liver transplant.
Steve returned several months later and introduced the iPad 2, and hosted his last WWDC conference as CEO. Following Job’s death late Wednesday evening, Apple went on to post a message to the main splash page and wrote:
Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple.
If you would like to share your thoughts, memories, and condolences, please email firstname.lastname@example.org
Steve’s family also posted a message thanking many for the support and the condolences that they received.
Steve died peacefully today surrounded by his family. In his public life, Steve was known as a visionary; in his private life, he cherished his family. We are thankful to the many people who have shared their wishes and prayers during the last year of Steve’s illness; a website will be provided for those who wish to offer tributes and memories. We are grateful for the support and kindness of those who share our feelings for Steve. We know many of you will mourn with us, and we ask that you respect our privacy during our time of grief.
Steve Jobs, after a long 14 year run at Apple, following his return in 1997, successfully introduced revolutionary products such as the iPod, iPhone, and iPad as well as a number of Macbook and Mac models. Current Apple CEO Tim Cook will continue Apple’s extraordinary products and services, with the help of Phil Schiller and Scott Forstall.
Steve’s legacy lives on in Apple and all of its products, and he will never be forgotten. Steve leaves behind his wife, Laurene Powell, their 3 children, as well as a fourth child from Steve’s previous relationship.


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The first cat café in Iceland recently opened up in the center of Rekjavík.
The aptly named Kattakaffihúsið, which means ‘The Cat Café’, is located on Bergstaðastræti 10, which is just a short walk from the famous Hallgrímskirkja church.
The feline friendly café offers a variety of different coffees and teas as well as traditional Icelandic pastries, vegan and vegetarian treats, and plenty of kitty cuddles, of course! It’s a concept that’s become quite popular around the world in recent years, especially in Japan.
The idea came about after new governmental regulations enacted in October of last year allows coffee shops, bars and restaurants to set their own rules in regards to pets being allowed on the premises, as long as all health guidelines and rules are strictly followed.
The café owners, Gígja and Ragnheiður, got the idea when they started working with a local animal shelter to help find permanent homes for adult cats. Most people who go to a shelter end up choosing kittens, which ends up leaving some of the older cats without the prospect of a happy life. The hope is that the cat café will help a few of these older cats find their forever homes.
Gígja and Ragnheiður suspect there will be about three or four cats residing at the café at any given time, but not just anyone will be able to adopt the resident cats. “We want to make sure we choose the best possible person to adopt these cats,” Gígja said.
“We’ve had a really good response, it’s been crazy busy since we opened up at the start of March. The coffee shop is particularly popular with cat lovers who have cats at home but enjoy meeting other cats. There’s a huge cat lover community in Iceland, and we’re also popular with tourists”.
If you’re thinking about checking out The Cat Café for yourself then keep in mind these two simple rules regarding the cats: please don’t pick them up and never wake them up.


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The Game Analytics Lua SDK by Anamaria Todor interacts with Corona, allowing developers to integrate analytics features into video game applications. Main implementation benefits aim to monetize, grow, and prosper according to Corona's main site. For additional information, visit https://coronalabs.com/products/corona-sdk/
Google has rolled out Google Play Services SDK 11.6.0, which introduces major changes to how the APIs are structured. The company is deprecating one API while decoupling another. The idea is to reduce the amount of boilerplate code needed to use the APIs -- something everyone can be happy about.
RetailNext, in-store analytics market leader, announced a set of enterprise APIs that retailers, shopping centers, business partners, and others can integrate with existing hardware systems to utilize RetailNext's analytics capabilities. RetailNext delivers analytics usually limited to ecommerce outfits to brick and mortar stores for better insights. The API is hardware agnostic; so, users can leverage existing infrastructure.
Sociocast raised $1 million in funding from New York’s Raptor Ventures, bringing its total to nearly $6 million. As CEO and founder Albert Azout told Sean Ludwig at Venturebeat, the Prediction API is useful to advertising, social and gaming, retail, finance and government.


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Johnson & Johnson Baby Powder Recall
Johnson & Johnson has issued the first-ever recall of its popular baby powder after the Food & Drug Administration (FDA) discovered evidence of asbestos contamination. For years, Johnson & Johnson has denied allegations that its talc-based baby powder was contaminated with the potentially cancer-causing substance.
In recent years, Johnson & Johnson has faced thousands of baby powder lawsuits brought by individual diagnosed with mesothelioma or ovarian cancer. These individuals allege that exposure to potentially asbestos-contaminated Johnson & Johnson baby powder caused their cancer.
Several juries have awarded multi-million-dollar judgements against the company. Johnson & Johnson has strongly denied any wrongdoing and insists its talc-based baby powder is safe.
The company currently faces more than 15,000 baby powder lawsuits alleging Johnson & Johnson knew its talcum powder was contaminated with asbestos and did not report it to authorities or the public.
Johnson & Johnson Baby Powder Recall: How Will It Affect Pending Lawsuits?
According to David Noll, a law professor at Rutgers University, the decision to recall its baby powder is a “whopper” for Johnson & Johnson.
“I can’t imagine an attorney for Johnson & Johnson standing up in front of a jury now and saying with a straight face that the product is safe.”
-David Noll, professor of law, Rutgers University
Johnson & Johnson decided to issue the recall of 33,000 bottles of baby powder after the FDA discovered trace amounts of asbestos in a sample. The FDA has advised consumers with baby powder from lot number 22318RB to “stop using it immediately.”
- Must have used Johnson & Johnson Baby Powder or Shower-to-Shower talcum powder for 4+ years continuously in the general area
- Must be diagnosed with ovarian cancer, mesothelioma, or endometroid ovarian cancer
- Must have been diagnosed in 2009 or later
- Must have used talcum powder before menopause
Johnson & Johnson Questions FDA Test Results
In a statement, Johnson & Johnson continued to defend the safety of its product, saying that “thousands of tests over the past 40 years repeatedly confirm that our consumer talc products do not contain asbestos.”
The company also seems to be questioning the validity of the FDA’s testing. Johnson & Johnson said that it is working with the FDA to “determine the integrity of the tested sample and the validity of the test results.”
According to legal analysts, the baby powder lawsuits may ultimately cost Johnson & Johnson as much as $5-10 billion. The recall will undoubtedly complicate the company’s efforts to fight the allegations and may force it to settle.
According to a 2018 investigation by the New York Times, Johnson & Johnson executives first raised internal concerns about possible asbestos contamination in the 1970s. The company reported this year that it is the subject of a Justice Department and Securities & Exchange Commission (SEC) investigation.
Have you been diagnosed with ovarian cancer or mesothelioma after exposure to Johnson & Johnson baby powder?
If you’ve been exposed to Johnson & Johnson talc-based baby powder and been diagnosed with ovarian cancer or mesothelioma, you deserve justice — and you may be entitled to compensation.
The baby powder lawsuit attorneys at Riddle & Brantley would love to help you if we can. For more than three decades our lawyers have been holding companies accountable for negligence resulting in injury.
We believe Justice Counts and are committed to fighting for justice for those injured due to others’ negligence.
For a FREE no-obligation consultation, please call 1-800-525-7111 or complete the short form below.
There are no upfront costs or attorney fees unless we win your case and you receive financial compensation for your injuries.
Please call 1-800-525-7111 today and let’s talk.
We will review your case and advise you on your best legal options. You may be eligible for a baby powder lawsuit, and if you decide to hire us to represent you, we will fight tirelessly for your rights.
Call Riddle & Brantley today at 1-800-525-7111.


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I&G heads for Perth in Inveralmond deal
Added: Thursday, April 7th 2016
Innis & Gunn, famous for its oak-aged beers, has bought the Inveralmond Brewery in Perth following I&G’s successful £3.1 million Beer Bond scheme raised through crowdfunding.
Dougal Sharp, founder and owner of Innis & Gunn (above), who has achieved world-wide sales for oak-aged beers, says he will invest substantially in the Perth brewery to grow the beers of both companies.
Sharp’s adds that bond holders will see I&G’s expansion plans accelerated as a result of the decision to invest in an existing brewery rather than building a new one from scratch.
Fergus Clark, founder and managing director of Inveralmond, says: “To me this feels like a real win-win. Our Inveralmond beers will gain access to a sales and distribution infrastructure that will massively accelerate the growth of our beers at home and internationally, while at the same time Innis & Gunn gets the brewery they want 18 months earlier than if they had to build it themselves.
“We are really looking forward to starting to brew Innis & Gunn beers on site and seeing where this exciting stage of our combined development will lead.”
Dougal Sharp says he will embark on a “significant investment” at the Perth site to continue its reputation for experimentation with ingredients and flavours. The new brewery will be equipped with a brand-new oak barrel maturation warehouse as well as I&G’s infusion equipment that has been used to infuse beers with aromas and flavours from oak, bergamot, coffee and other “artisanal” ingredients. The company also plans to install new “Hop Gunns” to maximise hop aroma in certain beers through an amplified dry-hopping technique. It will assess the feasibility of installing a small bottling line in 2017.
Additional beer tanks will be added to expand production and also to supply I&G’s growing number of Beer Kitchen retail outlets. There are Beer Kitchens in Edinburgh and Dundee with a third opening soon in Glasgow. The sites sell I&G’s unpasteurised draught lager fresh from the brewery from on-site tanks.
The new brewery will allow I&G to meet the growing demand for its beers. Since it was founded in 2003, the company has become one of the UK’s most successful craft beer businesses, with an annual turnover of £12 million in 2014, up from £10.5 million in 2013. In 2014, I&G sold more than 20 million bottles of beer, making it the second biggest supplier of craft beer to the UK’s off-trade. I&G exports to more than 20 countries.
Dougal Sharp says: “We’ve been friends with Inveralmond for years and I have a huge respect for the beers they make. Ossian, their lead beer, is available on draught in our Beer Kitchen bar-restaurants and sells brilliantly because of its amazing flavour, clarity and consistency.
“As we searched for a site for our new brewery, it became clear there was an opportunity to combine the strengths of both businesses and for us to acquire their brewery and brands. It means we’ve avoided a lot of the red tape and planning issues around building a new site and we can concentrate on what we do best – brewing beer.”
Inveralmond, established in 1997, currently has a 30-barrel plant. Its main cask beers are Fair Maid, Osian, Thrappledouser, Lia Fail and Rascal London Porter.
The new company will be called the Innis & Gunn Inveralmond Brewery.
*On 5 April, I&G reported it had set up a joint venture with Grupo Diego Zamora to import and distribute their drinks in France. The new Paris-based SIP DRINKS SAS will enable both companies to create a growth strategy for building their brands.


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Samsung Galaxy F62 is launched in India on 15th February and it is exclusively available via Flipkart as its online partner. Today we got exclusive information from a source that claims Reliance Digital and My Jio stores are set to be the only offline partners for the launch of the new Samsung Galaxy F62.
According to the source, starting from February 22, customers can view, experience, and purchase the latest smartphone from Samsung at Reliance Digital and My Jio stores. Reliance Digital’s wide network of stores makes the Samsung Galaxy F62 available across the country so that phone enthusiasts could get a first-hand experience of the powerful device. With this partnership, we can also get more price discounts and other benefits as well.
Special Price and Offers in Reliance Digital and My Jio stores
The Samsung Galaxy F62 will come on sale on 22nd February in Flipkart at a starting price of Rs.23,999. Whereas, in the Reliance Digital and My Jio stores the phone will be available at an affordable price point of Rs 21,499/-* for the 6 GB RAM variant and Rs 23,499/-* for the 8 GB RAM one, inclusive of a Rs 2,500/- ICICI Bank instant discount on debit and credit cards or an instant discount of up to Rs. 2,500/- on Citibank credit card EMI. (*Terms and Conditions apply.)
Jio customers who choose to purchase the Samsung Galaxy F62 at Reliance Digital and My Jio Stores can avail of other exclusive offers during the launch, including benefits worth Rs.10,000/-. These benefits include an instant cashback of Rs.3,000/- on prepaid recharge of the Rs.349/- plan and vouchers worth Rs.7,000/- from partner brands. This offer is applicable to new and existing Jio subscribers.
Specifications of Samsung Galaxy F62
Samsung Galaxy F62 runs OneUI 3.0 based on the Android 11 OS and is powered by the former flagship processor of Samsung, the Exynos 9825 SoC chipset. Regarding the display, this phone offers a bigger 6.7-inch FHD+ AMOLED panel with a centered punch-hole for the selfie camera. This phone has a side-mounted fingerprint scanner.
The Exynos 9825 SoC of this phone is paired with 6GB/8GB of RAM and 128GB of internal storage (Hybrid-SIM slot). Coming to the camera section, this phone offers a square-shaped quad rear camera setup (supported by an LED flash) that includes a 64MP primary sensor, a 12MP ultra-wide sensor, a 5MP macro, and a 5MP depth sensor. For selfies, this phone offers a 32MP selfie snapper at the front.
The Samsung Galaxy F62 is fueled up by a massive 7,000mAh battery supported by 25 W of fast charging. In terms of connectivity, this phone has almost everything, such as WiFi, Bluetooth, USB-C port for charging, and so on. This phone is available in three different color variants: Laser Blue, Laser Green, and Laser Grey.
About the Partnership
Speaking on the partnership, Brian Bade, Chief Executive – Reliance Digital said, “We are very excited to be the only offline partners bringing the Samsung Galaxy F62 to customers across India. Our large network of Reliance Digital & My Jio stores will allow customers across the country to be the first to experience and buy the phone. We’re sure that our customers will be thrilled by the performance of this phone, especially at a price point that makes it accessible to many.”
We will encourage our viewers who like to buy their smartphones from the offline market to visit your nearest Reliance Digital & My Jio stores and get the first-hand experience of the Samsung Galaxy F62 smartphone and if you like it avail some exciting exclusive offers that are only available through these offline stores.


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P.F. Chang's China Bistro now says a breach of its card processing system may have resulted in the theft of customer payment card information at 33 of its 210 U.S. locations. Security experts question why so few of the locations were affected.
Among the major data breaches reported during the week of July 28 was an incident at Irish online gambling site Paddy Power that impacted 650,000 customers. View this week's infographic of the top five breaches for the week.
A U.S. appeals court has agreed to hear Wyndham Worldwide's appeal regarding what authority the FTC has over corporate data security. The dispute stems from a suit the FTC brought against the hotel chain following three payment card data breaches.
Brian Cornell, newly appointed CEO of Target Corp., faces the challenge of ensuring that the protection of customer information is a top priority at the company following last year's massive data breach.
The federal tally of major health data breaches has grown substantially in recent weeks. Incidents added over the last month provide examples of the variety of risks that healthcare entities continue to battle.
Karl Schimmeck of the Securities Industry and Financial Markets Association won't discuss reports about the group's alleged backing of the formation of a cyberwar council, but says financial institutions must play a role in protecting critical infrastructure.


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Considering an average American now spends more of their free time online than they do watching TV, the top U.S. communications regulator said this week it wants Congress to grant it authority to hold incentive auctions that would compensate television broadcasters for giving up some of their spectrum to wireless companies.
Federal Communications Commission Chairman Julius Genachowski addressed broadcasters at a conference Tuesday, telling them more than 170 million Americans watch video online, a number that continues to increase at a fast pace.
Meanwhile, sales of broadband-enabled smartphones have surpassed PC sales, he added.
.“Nearly 25 million Americans are watching video on their phones – a 40 percent increase from a year ago, and continuing to rise rapidly,” Genachowski said.
“I believe the single most important step that will drive our mobile economy and address consumer frustration is authorizing voluntary incentive auctions,” Genachowski told broadcasters at their annual convention in Las Vegas, according to Reuters.
“But broadcasters have been resistant to the agency's proposal, worried about the unintended consequences that parting with airwaves could have on their TV signals and the viewers they serve,” Reuters reported.
Genachowski said he understood the concerns broadcasters had, and said he would work with them to implement a policy that benefited them and the U.S. economy.
According to media reports, the FCC hopes to repurpose 120 megahertz of spectrum through incentive auctions, where television broadcasters would voluntarily give up spectrum in exchange for a portion of the proceeds.
“As over 100 leading technology and communications companies put it: ‘Without more spectrum, America’s global leadership in innovation and technology is threatened,’” Genachowski told broadcasters.
The FCC is working with the National Telecommunications and Information Administration (NTIA) to meet the President Obama’s command to free up more government spectrum for mobile broadband.
“We’re working on multiple fronts to solve the spectrum crunch. But, while significant, these steps will only meet part of the growing demand for spectrum,” Genachowski said. “I believe the single most important step that will drive our mobile economy and address consumer frustration is authorizing voluntary incentive auctions.”
Executive Editor, Strategic Initiatives
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First it was July 2015 . Then July 2016. Then
August 5, 2016. Every release date that Frank Ocean has set for Boys Don't Cry, he's missed, and missed badly. But the newest release date could be the most reliable we've had yet. It wasn't offered in a hashtag or a library card. It reportedly comes straight from the top, from the provider that will be responsible for getting the album out into the world: Apple.
Friday, taking a cue from users in KanyeToThe and Reddit forums, Pigeons and Planes contacted Apple via its customer rep chat rooms, attempting to confirm a rumor that the album would be coming within the next 24 to 72 hours.
"Yes that's what we can say about it!" the nameless customer service rep told the publication, before offering a free movie rental to compensate for the reporter's ongoing disappointment. Read the conversation here.
Others, without the reporting chops, only got the movie rental.
Thankfully, users won't have to wait in front of their computers watching Ocean's endless livestream the entire weekend for the drop. One brilliant coder with the pseudonym Shahzeb has set up a website that will text users the second Ocean's album and its accompanying materials surfaces.
According to the New York Times piece that initially reported the August 5 deadline, the album is thought to be coming with a "major video" and an accompanying magazine. A few images of that may have already leaked.
We'll see if any of these reports hold any weight come Monday, or if it's just more aimless, baseless hype. The clock is ticking, Frank.


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Latest ZAP Stories
Western Computer to partner with Zap Technology to deliver agile BI. Oxnard, CA (PRWEB) December 06, 2011 Western
ATLANTA, Ga., August 9, 2011 /PRNewswire-iReach/ -- ZAP Technologies Inc., the industry leader in Mobile Application Testing, announces record results for the last twelve months of operation.
NEW YORK, June 23, 2011 /PRNewswire/ -- Tanda Zap, the new must-have beauty device, is proud to announce an exclusive partnership with socialite Brittny Gastineau. No one knows staying social like it-girl Brittny Gastineau.
SHANGHAI, April 18, 2011 /PRNewswire/ -- Following a recent 51 percent majority acquisition of Zhejiang Jonway Automobile Co. Ltd.
HANGZHOU, China, April 1, 2011 /PRNewswire/ -- Jonway Automobile hosted its first joint Jonway ZAP (OTC BB: ZAAP) dealership conference March 25 and 26, 2011 in Hangzhou, Zhejiang Province of China.
SANTA ROSA, Calif., Feb.
- Withering but not falling off, as a blossom that persists on a twig after flowering.


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Consumer price inflation ticked down again in September, being 1.9% year-on-year, down from August’s 2%. That was much as expected and leaves inflation running well below the official target for the year of 4%. Officials have been signaling 2.7% as the likely number for the full year.
That would still appear to leave policymakers plenty of headroom for further easing of monetary policy, should they choose to use it. The central bank has cut interest rates twice since June and lowered banks’ required reserves three times since November. Yet its main way to pump up sagging growth has been to open the liquidity taps. The broad measure of the money supply, M2, grew by 14.8% in September, its most rapid monthly expansion since June last year, and above the central bank’s 14% target number for the year.
However, the liquidity taps have been opened cautiously and with some trepidation by the central bank. Zhou Xiaochuan, governor of the People’s Bank of China, writing in the latest edition of the Journal of Financial Research, a house organ of the bank’s, is talking of closer to home when he warns of the inflationary risks in the efforts around the world to shore up the sluggish global economy by easing monetary policies. He encouraged central bankers to be ready to start mopping up operations.
At home, property prices are resurging, propelled by the increase in liquidity. Policymakers have fought a two-year-long battle to deflate the property bubble without bringing down the whole house of cards. They will not readily throw that hard-won victory to the winds. With third-quarter GDP growth figures due on Thursday, we’ll get a sighting of how much of the headroom that falling inflation has provided, the central bank has a taste for.
Consumer prices rose by 5.4% in 2011, far ahead of the government’s target of 4%. But December’s monthly figure was down to 4.1% year-on-year, its slowest growth rate in 15 months, and well down from July’s 6.5% peak (via Xinhua). That suggests there is scope for China’s policy makers to continue priming the credit pumps, if cautiously. Next week’s GDP numbers are likely to show that growth has slowed to below 9% for the first time in ten quarters. Economists’ consensus is 8.7%; we think the number will come in a tad higher.
The conundrum for political leaders is food prices. They increased by 9.1% in December. Food prices are the component of the consumer price index least amenable to control by monetary policy while also being the most politically sensitive. Rising living costs are a ready cause of public dissatisfaction. Hitting the official inflation target is starting to look increasingly meaningless to Chinese consumers who don’t see the numbers aligning with what is left in their pockets.
The inflation rate was little changed in April, with consumer prices 5.3% higher than a year earlier, and down only 0.1% from March’s level, half as much as economists had forecast. That will disappoint policy makers who were expecting a greater response to their efforts to drive down prices. Food prices in particular confounded them, rising 11.5% year-on-year. Against that producer price inflation dropped to a 6.8% rate from March’s 7.3% as the growth rate in industrial output slowed. Also, new bank lending in April, at 39.6 billion, was down 2.7% from a year earlier as central bank tightening began to take hold. The persistence of price pressures and the only slight overall cooling of the economy suggest that the regime of step interest rate rises and capital reserve ratio hikes will continue alongside administrative measures to drive down the politically sensitive price of food.
Consumer price inflation hit 5.1% year-on-year in November, the fastest growth in 28th months and well up, as expected, from October’s 4.4%. The expected interest-rate hikes haven’t been announced yet, though we still expect to see them before the end of the year. There may have to be some managing of the yuan’s exchange rate first to cool capital inflows (and that may be more political than technical managing).
Fighting inflation and mopping up the excess liquidity that is fueling it are the priorities for 2011 agreed at the annual top-level economic meeting that has been going on over the weekend, Xinhua reports, though that was true before the meeting, too. What is also true is that the longer clamping down on inflation is left, the harder it gets to do.
The National Development and Reform Commission said on Sunday that consumer price inflation will probably fall below 5% in December as the price controls announced in late November take effect. Another truth is that supressing inflation is not the same as reducing its underlying causes.


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In a news that could benefit a lot of Indian startups, Russia’s $10-billion conglomerate Sistema JSFC is considering setting up a wholly owned unit in the Indian subcontinent, according to a report in the Economic Times. The Indian unit will be providing hands-on business execution assistance to Indian startups working in domains like financial technologies, ecommerce, digital analytics, etailing and lifestyle.
According to the ET report, a source aware of the matter has disclosed to them that the new Sistema India subsidiary will be handholding Indian startups under its new Scalerator platform through a host of services, including go-to-market strategies, solutions to scale up business growth and even the support of a back-up operations team, if required.
The Scalerator platform, which combines the words sale and accelerator, will be helping local startups in growing their businesses rapidly but in a cost-efficient way.
The report also revealed that the legal formalities for the Indian unit have already begun. Though the subsidiary will be registered in Singapore, Sistema’s global venture capital team is currently on Indian soil scouting promising startups in Hyderabad, Bengaluru, Chennai and Kochi, which can use some support from its Scalerator initiative to take the next leap.
The startups who make the cut might also be eligible for financing from Russian company’s proprietary Venture Capital fund, Sistema Asia Fund. The fund plans on doubling its capital for Indian startups to a whopping $100 million by early next year. As of now, the VC fund is financing startups working in the tech and consumer-tech spaces.
The startup business accelerator industry is getting bigger with each passing year, especially in the US, Canada and Europe. Russia’s Sistema is focused on cracking this big opportunity after it entered the startup financing industry last year and zeroed in on India and South East Asia as it focus markets.
Russia’s Sistema decided to enter the startup financing market in India after Reliance Communications, India’s fourth-largest telecom operator, announced its intention to acquire its telecom unit, Sistema Shyam Teleservices, which offers mobile telephony services under MTS brand across nine telecom circles in the country.


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Reliance Communications, India’s largest and only telecom operator offering both CDMA and GSM service across India, has announced the launch of first-of-its kind Customer Care Initiative ‘Live Chat’. This Live Chat service will enable Reliance’s customers with real-time query and issue handling through chat-based online platform.
In the first phase of the launch ‘Live Chat’ will be available to Reliance’s over 1.3 million data customers across the country. Following the implementation of the service across the data business, RCOM plans to extend the service to other business groups.
According to Anurag Prashar, President Corporate & Wireless – Customer Service, Reliance Communications, “Our data customers are internet savvy. Many of them, whether company executives, professionals, students, teenagers and even business owners, have had experience with various messengers and live chat utilities. This makes adoption of the online customer care delivery system much easier. As we expand to enhance this delivery channel, we plan to extend its coverage to our voice customers too. This is in line with our Service strategy of leading the industry through innovation and personalized care”.
RCOM has established the ‘Live Chat’ Contact Center at the company’s headquarter at New Mumbai. This facility will have over 500 dedicated workforce equipped to handle 75,000 live customer interactions in a day.
As Reliance Communications begins the journey towards 200 million customers, the company is adopting a multi-pronged customer-focused strategy with the expansion of its GSM network and CDMA mobile broadband network, while focusing on customer-centric innovations and enhancing the overall Customer Experience. The launch of ‘Live Chat’ forms the first step in this customer-oriented focus and enhancing the overall customer experience. RCOM is going Live with its Live Chat service across 15,000 towns with a scale-up plan to cover 24,000 towns by end of the first quarter of this fiscal.


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Tuesday January 24, 2012
- Facebook to become the newest target of hacker group Anonymous [VIDEO]
Over the past week, notorious hacker group Anonymous has launched numerous DDoS attacks that disrupted service to a number of popular websites. The global hacker collective recently took down websites belonging to the Department of Justice, Universal Music, the Record Industry Association of America and the Motion Picture Association of America to protest SOPA, PIPA and the takedown of Megaupload. According to a new video posted on Monday, Anonymous now aims to take down Facebook. It in unclear as to why Facebook is the group’s new target; while the video mentions SOPA as part of its reason for the attack, Facebook openly opposed the controversial bill. In the past, Anonymous has listed potential targets as the United Nations, Xbox Live, U.S. Bank, Twitter and YouTube.
- The State of Filesharing Websites
The MegaUpload closing has been making gigantic ripples across file sharing sites everywhere, causing other services like Filesonic to shut down sharing altogether. But how about the others that we recommended?
Here’s how things stand as of Monday morning, 1/23, courtesy of reddit user redFF:
Fileserve – Stopped filesharing. You can only download your own files. Deleting multiple files. Banning Premium accounts. Closed Affiliate Program.
Changed server location Jan 22, 2012. Taken down it’s Facebook page Now using Digital fingerprinting. Files are being deleted as soon as uploaded (as Hotfile did).
VideoBB – Closed Affiliate Program.
Filepost – Started suspending accounts with infringing material (as Hotfile did)
Uploaded.to – Blocked U.S. access.
Videozer – Closed Affiliate Program.
Filejungle – Owned by Fileserve (same as above). Testing USA IP addresses blocking.
Uploadstation – Owned by Fileserve (same as above). Testing USA IP addresses blocking.
4Shared – Deleting multiple files
EnterUpload – Down (Redirect)
If you’ve got subscriptions to these services, the safe bet is to cancel now and wait and see which one eventually surfaces as the one to use. It’s even possible that anonymous is launching a file sharing site, but who knows if this is real, or if it will pan out.
- Google+ updates policy to address identity crisis
Almost since it debuted, Google+ has wrestled with the idea of how users can identify themselves on the social network. The company wanted to create a service without pseudonyms or impersonation. But Google+, which now claims 90 million users, had plenty of people sign up who are better known by some other identity than their real name. Google has suspended many of those accounts, much to their users’ chagrin.
Google is changing the policy to “broaden support” for some pseudonyms, Bradley Horowitz, a co-leader of Google+, wrote this afternoon in a Google+ post. Now Google+ will allow users to be known by “established” pseudonyms, such as Madonna. Google will be the final arbiter of what is established. If Google threatens to suspend an account because of a pseudonym, users can appeal by offering, among other things, “proof of an established identity online with a meaningful following.” They can also submit references to an established identity offline that might have appeared, for example, in print media. Or, if the assumed-pseudonymous name is official, users can scan and submit official documentation, such as a driver’s license.
- EatDifferent Is a Webapp that Helps You Meet Your Diet and Nutrition Goals
Whether you plan to try out a fancy new fad diet or you just want to make some small positive changes in your eating habits, or whether you want to reboot your diet entirely, EatDifferent is a new webapp that can help you get your diet and nutrition goals down on paper and help your eyes on them and track your progress towards them every day, without the hassle of a traditional food journal or log.
- The Pirate Bay Wants You to Download Physical Objects NowFile-sharing site The Pirate Bay is apparently expanding its reach into letting users pass one another physical objects to download.Well, that’s actually not the case just yet. But the site is introducing a new category called “Physibles” in anticipation of a day in which “you will print the spare parts for your vehicles.”s are “data objects that are able (and feasible) to become physical,” the site says in its announcement blog post.In other words, files meant for 3D printers. Such printers and scanners are not widespread but do already exist. The Pirate Bay, however, believes that 3D technology will become commonplace before long.“You will download your sneakers within 20 years,” the blog post says.At the time of this writing, the Physibles category contained just three files available for download. Included were apparent data files for a whistle, a model robot and a 1970 Chevrolet Chevelle muscle car.


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The U.S. Postal Service has made improving the customer experience a priority. Postal officials see a positive customer experience as a key to revenue generation because customers are more likely to return if their experience was good. As Deputy PMG Ron Stroman noted to a gathering of postal officials in August, “Our customers have choices, they don’t have to come to us. How people are treated makes all the difference in the world.”
The image of the auditor sitting in front of a stack of spreadsheets, with a trusty calculator at the ready, is right out of central casting. So is the investigator on round-the-clock surveillance to uncover fraud or misuse of government funds.
Those techniques have their place, of course...Read More


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Fortnightly group in Orwell to offer traditional crafts
ORWELL — The GFWC Orwell Fortnightly Club will have a table at the St. Paul’s Bazaar in Orwell on Saturday, Dec. 7.
The group is pleased to offer its Christmas Pet Stockings again for your family and friends to give to their special furry creatures on Christmas morning. Filled with American made snacks and toys they are $15 each.
“We are looking forward to seeing you at the bazaar,” said Fortnightly member Linda Oaks.
Local towns may get federal money to pay for more than a million dollars in cleanup and re … (read more)
The Vermont Fish and Wildlife Department is putting $566,667 in grant money toward conserv … (read more)


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Last year at CES, Furrion unveiled the Prosthesis, a giant mech that it wants to make the star of a new kind of racing series.
The robot only stood around last year, but now, we have proof that it can move.
Furrion posted a new video of its Prosthesis mech to YouTube, and it shows the giant mechanical creation actually moving across the desert.
CES concepts are quite fun and fantastical, but many of them have trouble moving into the realm of reality.
Furrion didn't make its name in robotics -- it produces high-end RV finishes, home appliances and professional electronics -- so having a mech that actually moves on its own is pretty damned impressive.
Then again, it absolutely must move if Furrion is to follow through with its plans.


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China's September export growth slower on weak global demand
Weak export growth in September underscored worries about flagging global demand, with the strong renminbi eroding competitiveness
China's export growth fizzled in September as sales to Southeast Asia tumbled, data showed, a disappointing break to a recent run of indicators that had signalled its economy was gaining strength.
China's exports dropped 0.3 per cent in September from a year earlier, the Customs Administration said yesterday, sharply confounding market expectations for a rise of 6 per cent, and marking the worst performance in three months.
Imports fared better, rising 7.4 per cent in September from a year ago, better than forecasts for a 7 per cent increase, shrinking China's monthly trade surplus to US$15.2 billion. Analysts had expected a trade surplus of US$27.7 billion.
Analysts said weak exports underscored worries about flagging global demand, which may crumble further in coming months - especially in emerging markets - when tighter US monetary policy pushes investors away from developing economies.
The data showed Chinese exports to Southeast Asia, China's fastest-growing export market in the past year, dived to a 17-month low in September. Capital outflows from the region on bets that the US central bank would cut its bond purchases had hit demand, said Louis Kuijs, an economist at RBS in Hong Kong.
"Looking ahead, export data may be quite weak in the coming months," Kuijs said, adding that financial turmoil in several emerging markets had dragged on global demand.
Attention now turns to China's third-quarter gross domestic product data and other figures for September due out this week.
"Developed economies have shown signs of recovery but they are still unstable. The global economic situation is still complicated," said Zheng Yuesheng, a customs office spokesman.
Albeit patchy, the rebound in the global economy helped lift China's total trade growth to 6 per cent in the third quarter, from 4.3 per cent the previous three months, Zheng said.
A breakdown of the data showed exports to Europe - the second-biggest buyer of Chinese goods after the United States - South Korea, Taiwan, and Australia all fell last month. Shipments to Taiwan struck a 17-month low while those to Australia posted their worst growth in three months.
Japan was the lone bright spot, registering growth for Chinese exporters for the first time in eight months. Sales to the US cooled, even though the monthly value of exports were the highest in more than a year.
Liu Li-Gang and Zhou Hao, economists at ANZ Bank, said China's sliding export sales were also a result of the rising yuan.
They said activity was further hurt by the Mid-Autumn festival, which fell in the middle of September this year, reducing the number of working days.
"The strong renminbi has eroded China's export competitiveness," ANZ Bank said in a note. It said China's economic growth may miss market forecasts this year, but predicted 2013 growth would hit 7.6 per cent.


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An increasing number of North American cannabis companies are reaching out to college students, offering summer internships as an opportunity to get their foot in the door in the growing industry.
Students now are being given opportunities that students only 5 years ago could have only dreamed of!
A Full Resume Required
Upon graduating from college, students can no longer rely on their college credentials to land a job; experience and evidence of engagement are becoming increasingly important for recruiters as they seek to fill entry- and mid-level spots in their growing companies.
Internships within the cannabis industry provide new graduates a professional advantage because they have received a baseline of business acumen, have learned how to engage in professional environments, and have been able to focus their studies to meet their desired career path.
Students who have engaged in an internship, a form of experiential learning, enter industry job ready, resulting in a new crop of graduate ready to take to the cannabis industry.
An Industry Growing at Exponential Speeds
Average salaries in the cannabis industry also increased over 16% from 2017 to 2018, and aren’t showing any signs of slowing down. To anyone about to enter the professional job market, these statistics look promising.
Cannabis internships are going to be the new norm across college campuses as more states and countries legalize cannabis, and more educational institutions recognize and embrace the wealth of opportunity available to their students within the cannabis industry.
Summer Internships Offered in 2019
The following North American cannabis companies are offering summer internships to college students in 2019:
- Springbig is located in Boca Raton, FL, and is a cannabis dispensary CRM and loyalty rewards software company. Growing like wildfire, Springbig is looking to hire interns in the following departments: marketing, client services, development, and sales.
- CannaSafe is California’s #1 accredited cannabis testing laboratory. Located in Los Angeles, CannaSafe is looking to hire lab technicians and assistants for the summer. As an added enticement to future recruits, a few of their interns from last summer are returning this year with full-time positions!
- LeafLink is the cannabis industry’s #1 wholesale e-commerce platform and is looking to hire both a Graphic Design intern and a Sales & Development intern for their New York, NY office.
- Green Thumb Industries (CSE: GTII) is a national cannabis consumer packaged goods company and retailer located in Chicago. They are looking to hire a full-time Corporate Sales intern for what they call a “cannabis career immersion” experience, offering an in-depth look into the inner-workings of one of the largest multi-state cannabis companies in the world.
- High There! is cannabis social network, directory, and community, that just relaunched their app in April. They are looking for undergraduate students that are eager to learn about marketing in the cannabis industry to join their Venice, CA team.
- Canadian Cannabis Chamber, which is focused on promoting cannabis businesses and enabling policies, is hiring a summer student to act as a Marketing Analyst at their Calgary, Alberta office
- Cronos Group, which sells cannabis at the federal level in Canada, is hiring an HR Intern to work within their Human Resources Offices in Toronto.
- Tilray, a cannabis licensed producer located in Nanaimo, British Columbia, is offering a Health, Safety and Environment Assistant summer internship
Students who complete internships demonstrate a record of employability in their chosen field, planning and purpose for their chosen career field or industry, and oftentimes find themselves in full-time positions with the companies for which they interned.
Brush up your resume, students, and take advantage of these incredible opportunities to ensure you’re job-ready within the growing cannabis industry.
This article originally appeared on Green Market Report.