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Smaller Companies fund has suffered 48.2% NAV decline in the past 12 months
Investors in the Henderson Smaller Companies investment trust run by John Alexander are sitting on a 48.2% NAV loss over one year.
The trust, currently on a discount of 18.7%, has suffered due to its growth-oriented investment style.
Peter Cadbury, chairman of the £431.6m trust, believes the fundamental approach employed by the manager remains sound for the long term. This is despite underperformance against its benchmark over one, three and five years.
He said: 'The essence of our philosophy is the emphasis on growth, not on technology as such. We differ from others in taking a long-term view and running our winners. We will, however, be more ready to realise profits, especially when stocks enter the FTSE 100.'
The fall in NAV is far higher than any decline in the benchmark. The FTSE Small Cap ex investment trusts has fallen by 15.2% in the 12 months to 19 July, according to TrustNet data.
Over three years to 19 July, the index has risen 17.4% while the NAV of the trust has declined 26.6% and the share price has returned -28.2%.
Over five years, the share price has risen 0.9%, the NAV is up 7.5% but the index has gained 52.8%.
As of 31 May, the portfolio had a 52% exposure to the services sector with 32.7% in IT. The next largest sector was consumer goods at 7.2%.
Andrew Stack, deputy manager of the trust, said the managers were looking for growth companies within those areas of the economy that are displaying secular growth.
In recent years, this has meant a move away from the big manufacturers and retailers towards areas like services, technology and media, companies that are rich in intellectual property.
Stack said: 'The style adopted explains its performance in that in the later half of the 1990s it did very well but in 2000 and 2001 we have seen a de-rating in these companies, which has hurt the trust.
'The board reviews this process constantly and the feeling is that there is nothing wrong with this style and philosophy and, in the long-term, we believe it will deliver. We set ourselves out to deliver a way of accessing growth. By doing this there will be good and bad years but the board are comfortable with this and want to continue.'
Cadbury said that valuations overall have been considerably lower following the downturn in technology stocks, with the drop in performance as much due to overvaluations last year as revaluations during more recent times.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till


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Florida currently has the nation's second-highest number of electric vehicles and the second-largest network of charging infrastructure in the Southeast. But those numbers – and the potential economic and consumer benefits that additional EV adoption offer Floridians – aren’t always reflected by how legislators in Tallahassee treat the issue of an electric transition. That’s why Advanced Energy United, the Electrification Coalition, the Southern Alliance for Clean Energy, Drive Electric Florida, the Alliance for Transportation Electrification, and several others sponsored an Electric Vehicle Day at the Florida Capitol last week.
Our coalition, joined by partners including our members, charging companies, local governments, and utilities, looked to shed some light on what EVs can do for the Sunshine State by presenting resources, displays, the vehicles, and their drivers – for Florida policymakers to see the benefits firsthand.
With a display of some twenty electric vehicles on the grounds of Florida's Capitol, our coalition made vehicles ranging from trucks to buses to tractors available for legislators, government officials, staff, and members of the public to explore and learn more about up-close. And to really drive home the value EVs can offer, each vehicle or display had an owner or operator available to answer questions, from the most basic questions about electric vehicles to specific ones about that vehicle or display.
At a time when electric vehicles, charging infrastructure, the energy transition, and related issues and policies are the center of intense debate throughout the state government, our coalition was able to exhibit the expansion in the usefulness of electric vehicles and move beyond the stereotypical view that electric vehicles are only for lightweight passenger transportation.
Decision makers and the public had an opportunity to connect with everyday EV users and the companies creating jobs here in Florida to support the transition in a way that encourages an ongoing dialogue around electric transportation. Our team at Advanced Energy United joined coalition partners for a public reception and lobbying meetings with key decision-makers in the Florida Legislature to advocate for electric vehicle expansion throughout the state and further the discussion of the economic benefits that an ever-enlarging marketplace for electric vehicles creates.
A 2022 report from Advanced Energy United showed the advanced energy industry accounts for 162,300 jobs throughout Florida. Specifically, 11,500 of those jobs are directly related to advanced vehicles, including working with hybrid and electric transportation. When a sector experiences a 28% growth in employment since 2021, it’s an area our team and our coalition partners are actively engaged in for the coming year and beyond.

domain: news


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Everybody stay calm.
This is a photo of the last courgette in the UK.
But there is an extreme shortage of courgettes right now.
According to the Guardian, Spain has experienced some unusually cold and wet weather and most of Europe's courgette supplies are from there.
Wholesale courgette prices have quadrupled, which means you're going to struggle finding any in your local shop, and for a reasonable price.
Things are set to carry on this way for the next couple of months, and other veggies like Aubergines, might be affected too.
So much for 2017 being an improvement on 2016, eh?


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Reportlinker Adds The Future of Home Automation
NEW YORK, May 17, 2011 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:
The Future of Home Automation [mHealthTalk comments and emphasis added]
This [$2,875] report examines how consumers and governments are creating a booming market for “smart home” devices. It analyzes the companies, technologies, and products behind automation in energy, entertainment, home security and health care. It details pilot projects, product costs, industry trends, business alliances, and the new and emerging technologies that are shaping the future of the market.


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No, Bitcoin didn’t ruin Tesla – In a crypto market more than febrile after the disasters of Terra (LUNA) and Three Arrows Capital (3AC), the new sale of nearlyone billion dollars in bitcoins by You’re here was not without giving white hair to some. Yet the premium electric vehicle company ofElon Musk didn’t lose any money on her bitcoin bet, she even did some profit !
Tesla bitcoins sold slightly more expensive than when bought
Although critics of Bitcoin and the cryptosphere no doubt hoped that the announcement of the massive sale from BTC from You’re here was going to cause another sharp drop in prices, but nothing happened.
Already, becauseElon Muskits CEO and founder, quickly explained that this choice of cash was not made against the king of cryptos, but in a worry towards the China whose Covid confinements drag on. A need for liquidityas a precaution, at least officially.
Then it also turns out in the numbers that this resale of bitcoins was done in such a way thoughtful, without haste or panic. In its detailed quarterly report, filed with the SEC, Tesla reveals that it has registered “earnings of 64 million dollars” on these conversions of bitcoins into fiat currency, made during the first half of 2022. Which implies that the company has globally resold to a best price his bitcoins bought before his statement filed in February 2021.
>> Take advantage of the bear market to buy Bitcoin with Bitstack.. and receive 5€ of BTC thanks to the code JDC5 (commercial link) <<
Still 25% of bitcoins in stock for Elon Musk
On the 1.5 billion dollars of bitcoins that Tesla had acquired, remember that the company had already sold part of it in April 2021. This first sale of BTC, amounting to 272 million dollars, had then brought in a profit of 101 million dollars to Tesla.
Although he still has 25% of its BTCs, Elon Musk’s company has therefore already recovered for a little more 1.2 billion dollars on his initial investment in Bitcoin. According to Tesla’s latest quarterly statement, it remained for “$222 million in digital assets” to the company, at market price on June 30, 2022.
This would represent approximately 10,800 BTC, still present in the accounts of the manufacturer of electric vehicles. That’s about $227 million today. As to whether Tesla will redeem Where keep selling bitcoins in the next few months, we will not have no answer :
“(…) we may increase or decrease our holdings of digital assets at any time, depending on business needs and our view of market conditions and the environment [macro-économique]. »
Excerpt from Tesla’s quarterly report to the SEC
Tesla finds himself oscillating Between meager gains Where meager losses (for such a multinational) on his Bitcoin bet. At least, at present. As to whether Elon Musk and his company stay optimistic for the future of the king of cryptos, remember that Tesla bet big to help createa giant BTC mining solar farm in Texas, in partnership with Blockstream and block (formerly Square).
Put your cryptos safe in your wallet. To buy Bitcoin without even realizing it, register on Bitstack… and earn 5€ of BTC for free thanks to the code JDC5 (commercial link)!


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Revenue of domestic firms, excluding financial services and oil companies, is estimated to grow by 6-7 per cent in the second quarter of current financial year with overall EBIDTA margins remaining stable at 17.8 per cent, largely driven by export-oriented sectors, a report said.
"EBITDA growth is estimated to be sluggish at 6-7 per cent in Q2 FY14.
“This growth will be largely skewed by export- oriented sectors such as IT services, pharmaceuticals and textiles, supported by the rupee's weakness during the quarter," said Mukesh Agarwal, President of Crisil Research, which published the report.
He said during July-September period, EBIDTA growth of export-oriented sectors is estimated at 25 per cent whereas the remaining sectors are likely to have grown by only one per cent due to weak volume growth arising from poor consumer sentiment and challenging investment climate.
According to the report, export-oriented sectors like IT services, pharmaceuticals and textiles will, in aggregate, report EBITDA margin expansion of nearly 100 bps, while margin is likely to decline by about 50 bps for other sectors during
"Margin pressure was the highest in sectors such as capital goods and commercial vehicles, where EBITDA margins are estimated to have fallen by 450-500 bps due to low capacity utilisation and high competition," the report said.
Similarly, sectors like cement, airlines and paper, are expected to report a dip in margins due to high input costs, while steel, coal and sugar are likely to witness a drop in margin due to dip in realisation.
The report also pointed out that interest coverage ratio remained under stress for the companies.
"We believe that debt servicing ability continued to be under pressure in Q2FY14 due to weak EBITDA growth and ballooning debt levels, in a high interest rate environment," Senior Director at CRISIL Research, Prasad Koparkar said.
He pointed out that interest coverage ratio in first quarter of this fiscal was the lowest in last 10 years with over one-third of the sectors had a weak interest coverage ratio of less than 2 times during that period, driven by sectors like construction, housing, ports, hotels and retail.
According to the report, margin improvement will be possible only with pick-up in investments and revival in industrial growth, which seems to be challenging in this fiscal.


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Light bulb phase-out offers new role for unsung heroes of electronics revolution
With the United States' phase-out of conventional incandescent light bulbs set to start in a few months, an article in the current edition of Chemical & Engineering News (C&EN) describes how the ban on 100-watt bulbs portends a huge new wave of growth for the once lowly light-emitting diode (LED). C&EN is the American Chemical Society's weekly newsmagazine. In one of a three-part cover story package on the raw materials that enable the electronics and related industries, C&EN Senior Editor Alexander H. Tullo explains how LEDs have crept into everyday life in multiple waves. LEDs are perhaps best-known for their initial application as tiny light sources that form the numbers on digital clocks, serve as indicator lights on appliances, and transmit data on remote controls.
However, these unsung heroes of the electronics revolution have extended their reach. LEDs, for instance, first replaced fluorescent lights as the mainstay for backlight illumination on cell phones, laptop computers, and other small devices. Then LEDs' advantages — including longer life, small size, and low energy consumption — carved out a new role as backlights in flat-panel TVs. Now LEDs are poised to become an alternative to incandescents and fluorescents in home lighting.
Source: American Chemical Society
- Lawmakers move to secure more life for 100-watt bulbfrom PhysorgSat, 16 Jul 2011, 6:00:18 EDT
- House Republicans move to thwart lighting efficiency rulesfrom LA Times - ScienceSat, 16 Jul 2011, 1:00:29 EDT
- Light bulb phase-out offers new role for unsung heroes of electronics revolutionfrom PhysorgWed, 13 Jul 2011, 13:01:24 EDT
- G.O.P. Bid to Void Light Bulb Law Failsfrom NY Times ScienceWed, 13 Jul 2011, 2:30:19 EDT
- House GOP fails to repeal light bulb efficiency requirementfrom LA Times - ScienceTue, 12 Jul 2011, 23:00:19 EDT
- Green: The Light-Bulb Mandate Enduresfrom NY Times ScienceTue, 12 Jul 2011, 21:30:14 EDT
- Green: House to Vote on Light-Bulb Repealfrom NY Times ScienceMon, 11 Jul 2011, 13:50:08 EDT
- Texas aglow with effort to save the incandescent bulbfrom LA Times - ScienceSat, 9 Jul 2011, 20:30:20 EDT


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The backing from Mahindra helped Pune-based MeraKisan branch out from supplying produce from farmers to consumers to developing organic farming
It claims to have about 12K certified organic farmers on Organic Pandit, its marketplace-like platform for consumers and suppliers
The company is also developing private label products under its own brand name ‘MeraKisan’ with a D2C approach to distribution
While technology has certainly changed the game in nearly every business sector in India, the pie is not just split among tech startups. Corporate giants, which built huge empires through traditional means, have also joined the tech revolution in the 21st century. And it’s not always as competition to startups but also as partners and backers.
That was the idea behind the Mahindra Group investing in Pune-based agritech startup MeraKisan in September 2016. Mahindra Agri Solutions Ltd (MASL), a subsidiary of the group, invested in the startup along with Belgian company Univeg (Greenyard Foods) through a 60:40 joint venture called Mahindra Univeg.
MASL was said to be on the lookout for startups that were addressing the market linkage problems in the country — at a time when agritech was just starting to get a foothold in the tech sector. This meant making the supply chain efficient so that Mahindra’s customers and farmers could earn a bigger share of the agricultural income.
The backing from Mahindra, in fact, helped MeraKisan branch out from supplying produce from farmers to consumers to developing organic farming solutions and products.
“Mahindra has not only helped us in scaling the business, but also provided the right access to the marketplace, knowledge and talent. We were one of the initial players in the industry to be supplying fresh fruits and vegetables. And then we moved to organic produce for online grocery delivery companies and consumers,” founder Prashanth Patil told Inc42.
Besides fulfilling its original vision — addressing market linkage problems for farmers — the switch to the premium organic category is peculiar, particularly given that the demand has not yet matured for this category.
Patil told us that while the initial idea was about solving supply inefficiencies at a macro level, due to the lack of infrastructure in terms of procurement facilities at the village level and produce quality issues, the focus shifted to these areas. In 2019, MeraKisan decided to turn its focus to organic produce, grains and food.
So far, MeraKisan claims to have impacted the lives of over 96K farmers and up to 400-500 businesses across India.
With changing trends in the metros and Tier-1 cities, it’s not just consumers that are moving to organic food and produce. Farmers have become more aware of what it takes and it’s not just about not using fertilisers. MeraKisan turned its focus to organic food not only to improve the supply in this particular category, but also because this category has higher margins for farmers as well as startups working with farmers.
Organic Pandit, its marketplace-like platform, connects organic farmers, producers, suppliers as well as customers. MeraKisan claims that this focus on organic food and produce sets it apart from the hordes of players that have entered the food supply chain space, including Ninjacart, Jumbotail, CropIn, FreshWorld, Aker Foods and AgroStar. The competitors in this area are not focussed wholly on the organic category, but on the overall fresh produce supply for consumers and businesses.
Why MeraKisan Pivoted To Organic Produce
Founded in 2014 by Patil, MeraKisan began with a primary focus on fresh fruits and vegetables, and “20% organic produce” the founder claimed.
For its shift in focus to the organic sector, the company reached out to existing farmers to begin with and is not also looking at certification for other farmers looking to go organic. “We started onboarding organic farmers individually and in groups, where we helped them in practicing organic farming and in certification process free of cost and also handhold them throughout the process, including pre-harvest, post-harvest, certification, digitisation of the record, selling it on the platform etc,” said Patil. So far the company has partnered with 21 organic farming certification agencies to help bring farmers to the organic fold.
Besides this, it has introduced QR-code based traceability for all produce sold through Organic Pandit. Customers can get details of the products such as organic certifications, farmers details and others by scanning this code.
Citing industry metrics, Patil said that India has about 8.42 Lakh organic farmers in the country. Out of this, there are about 2,462 organic farmer groups and close to 4,600 companies in the space (across value chains and operations). MeraKisan currently has over 12K certified organic farmers on its platform, catering to both consumers and businesses in India as well as international markets, including Australia, China and others.
Organic Produce Goes D2C
During the Covid-19 phase, the company did face hurdles in its operations due to the lockdown, shortage of labour, supply chain disruption and other challenges. It partnered with logistics tech startups for last-mile delivery, but the processing unit was still hit. “For instance, if we were doing 20-30 tons of processing a day, in Covid-19 times, we are doing about seven to eight tons,” Patil added.
MeraKisan is present in almost 22 cities, including Pune, Mumbai, Delhi NCR, Chennai and Hyderabad among others, across 900+ stores. A big focus during these times of crisis has been its own app.
The company is also developing private label products under its own brand name ‘MeraKisan’ with a D2C approach to distribution. It has over 147 SKUs in organic fruits and vegetables, organic groceries, organic oil and ghee and superfoods among others.
Today, MeraKisan claims to have a strong presence in both online as well as offline mode. For instance, its ‘MeraKisan Daily’ app drove nearly 90% sales in Pune, its home town in recent weeks. “Overall, 70% of the business came from online channels including Zomato, Swiggy, MeraKisan Daily app etc, and 30% from offline stores,” added Patil
Interestingly, he also added that these numbers from Zomato and Swiggy in terms of grocery delivery in recent times are slowly declining. This means the space will open up for more consumer-facing products. “We will slowly move away from B2B and will start focusing on catering to the B2C, given the purchase economics and demand for our products, in the next two years.”
[With inputs from Nikhil Subramaniam]


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National Truck Driver Appreciation Week
Professional truck drivers are often overlooked as a vital part of the U.S. economy and infrastructure. Without their services, we would be limited in our ability to access even the essentials such as food and health products, not to mention limited in our choices and our ability to operate businesses beyond the local reach of customers. And for many Native Americans living in remote reservation communities, truck drivers are often the bridge between limited goods and no goods at all.
This week, we’re taking a moment to recognize National Truck Driver Appreciation Week (Sept. 9-15) in honor of the 3.5 million professional men and women who safely deliver critical goods and resources over our nation’s highways. PWNA specifically thanks the many drivers who make serving our program partners on remote tribal lands possible. We are proud of our drivers and know their commitment enables us to continue to be a reliable resource to our partners on the reservations.
Truck drivers are the ambassadors and front line of service in PWNA’s quest to improve the lives of 250,000 Native Americans, annually. Each week, we deploy a fleet of tractor trailers and box trucks from our warehouses in Phoenix, Arizona and Rapid City, South Dakota to deliver supplies to tribal communities spanning a 12-state region.
Truck drivers often start their day before sunrise with loading times as early as 4 a.m. to ensure they’re on the road in time to complete deliveries while adhering to the 11-hour delivery window allotted by the Transportation Security Administration (TSA).
PWNA drivers travel more than 200,000 miles throughout the year in rugged terrain and fueling their deliveries can cost as much as $95,000. Deliveries continue throughout the winter months, and some reservation roads are unpaved, adding wear and tear to the vehicles and limiting the number of providers who can reach these areas.
“Waking up to bad weather is always a challenge when you drive a truck for PWNA,” recalls Jim Perry, one of PWNA’s drivers for the Southwest.
The need for supplies and services only heightens when weather and road conditions change, and the supplies PWNA drivers transport make all the difference for those tribal communities that may be otherwise left without access to needed supplies.
Like all PWNA drivers, Jim knows the importance of his deliveries. “Regardless of inclement weather, PWNA is a consistent resource to the tribes and my work is at the heart of our mission — getting critical products to those in need.”
And despite the long hours and variables, our drivers such as Jim keep their spirits high. “It’s simple. I’m proud to drive for PWNA because I’m part of something that is good.”


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A 35-acre plot of land in Douglas County, surrounded by a golf course and red rock formations, has been put up for sale for the first time in 15 years and is being pitched as a site for a high-end residential development.
Long vacant and overlooked for potential redevelopment, a once broken-down synagogue building in Five Points has a new congregation: an assembly of artists and nonprofits, brought together through an extensive rehab project and $350 rent.
Adding its first Colorado brewery to a growing lineup of craft beer makers, Anheuser-Busch is buying Breckenridge Brewery, a move that could see Breck on more shelves around the country.
About 175,000 square feet of office and retail space and 225 apartments should start taking shape next year as one of the firms behind Union Station expands its reach to a nearby 2-acre bus hub.
Hoping to make space in its massive solar complex for smaller companies, a nonprofit is expanding its campus near DIA with help from a state grant.
As its apartment buildings pop up all around the city, a developer has picked its next site and submitted plans for 100 units on a busy LoHi corner.
Closing out deal-happy 2015 with a bang, New York investors have dropped $210 million on a Sheraton Hotel on the 16th Street Mall.
Bike shops and frame makers are keeping an eye on a new trend in the cycling world, mountain bike-sized wheels with plus-sized tires for added traction.
A backpack startup has now raised a total of $58,000 over three crowdfunding campaigns, using online fundraising platforms not just to get off the ground, but to fuel each big step in the business.
Cap Hill’s Angelo’s Italian restaurant is getting a second location, and a new urban winery is in the works at a new Littleton project — a joint venture between Angelo’s owner and a DTC chef.


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For Friday, April 29, 2011
POSTED: 1:30 a.m. HST, Apr 29, 2011
The Honolulu Star-Advertiser strives to make its news report fair and accurate. If you have a question or comment about news coverage, call Ed Lynch, managing editor/news, at 529-4758.
>> The annual “Sugar and Spice Mother Daughter Tea” at Moana Surfrider, which includes a fashion show by Cinnamon Girl, is scheduled for May 7. A Page D1 article Wednesday gave an incorrect date.


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Manchester United target Jadon Sancho poses alongside Marcus Rashford in England's new kit launch, amid reports linking the Borussia Dortmund star with a move to Old Trafford.
United have identified Sancho as a top transfer target this summer, yet Dortmund are refusing to budge on their £100million asking price.
According to Bild reporter Christian Falk, the 20-year-old remains determined to join Ole Gunnar Solskjaer’s side.
However, the Red Devils will be forced to wait until next summer unless they meet Dortmund’s valuation before the summer transfer window closes on October 5.
And with talk of a potential move for Sancho rumbling on, United fans could not resists pointing out how the winger has modelled England’s new home and away kits alongside Rashford.
Today Nike have unveiled the Three Lions’ 2020 collection, which includes graphic prints to depict a ‘community of lions’.
Nike have also released a wider collection that includes a pre-match jersey, tracksuits and hoodies, which take on similar designs.
As well as Rashford and Sancho, the likes of Harry Kane, Tammy Abraham, Joe Gomez and Mason Mount can also be seen showing off the swanky attire.
This article was most recently revised and updated 2 years ago


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BrewDog US equity effort tops $1 million so far
Ohio is ground zero for investors taking a leap into BrewDog's American version of its "Equityfor Punks" crowdfunding scheme.
In a few weeks, the Scottish craft-beer maker has attracted thousands of investors and raisedmore than $1 million of the $50 million it hopes to raise by February as it continues work on a $31million brewery and U.S. headquarters in Canal Winchester, which is still under construction.
BrewDog said 38 percent of investors in the brewery's U.S. business hail from Ohio.
"The state of Ohio is our number one most-invested state so far," said James Watt, BrewDogco-founder, in an email. "This shows how much our local community believes in what we're doing,which is awesome."
BrewDog has raised tens of millions of dollars in Europe through four rounds of Equity forPunks. The scheme is a twist on crowdfunding. BrewDog solicits investment from individuals, notprofessional investors or private-equity firms. Instead of a reward or free merchandise like aKickstarter campaign, BrewDog shareholders get actual equity, a piece of BrewDog's U.S.business.
The company is selling a little more than 1 million shares, or about 14 percent of its U.S.business, which BrewDog values at $350 million, though the company states in documents filed withthe Securities and Exchange Commission that the figure is not based upon anything concrete.
BrewDog's U.S. brewery isn't finished yet, and its opening has been pushed to late thisyear.
One local investor is experiencing the pangs of buyer's remorse.
"In retrospect, I realize that it probably wasn't the best investment," said Jim Dowdle, apost-doctoral fellow in biomedical research at Ohio State University. "If you do the math, it isoutrageously overvalued."
Dowdle, 32, hasn't even sipped a BrewDog beer, but he's read about the company, loves Watt'sbrash style and asymmetrical marketing. Dowdle bought 23 shares, which cost him $1,092.50, the dayEquity for Punks U.S.A. opened.
"I hope they are successful," he said. "But in the end, I wish I had not done it."
Shareholders get more than equity, which without a market to buy and sell shares is somewhatnebulous. There are discounts at future BrewDog bars, access to special beer releases, and aninvitation to an annual shareholder party which, in Scotland, has grown to become a beer-fueledrock show.
BrewDog is promising its first U.S. shareholder party will take place in September in CanalWinchester, and they hope to have thousands attend.
One shareholder is planning to be there.
"Getting to Columbus from Chicago is a lot easier than Aberdeen, Scotland," said Jason Miller, adigital advertising manager in Chicago.
Miller, 36, bought shares in an earlier round of Equity for Punks a few years ago, beforeregulators barred U.S. investors. He bought a few more shares in the U.S. offering last week. He'sbeen to BrewDog bars in the U.K. and is passionate about the company's beers and culture. He didn'tbuy shares thinking he'd ever make money.
"I bought a couple of shares to feel like I own it and I am a part of it," Miller said. "They'vecaptured something emotional. People want to be a part of it."
BrewDog is building a 100,000 square foot, $31 million brewery and headquarters in CanalWinchester, complete with tap room and restaurant. The proceeds of Equity for Punks will go tofitting out the brewery and hiring staff, but most of the money is earmarked for a chain of barsacross the country, the first of which could be in Franklinton.
"The people of America have come forward in droves to invest in our fledgling U.S. enterprise,"Watt said, "and it's amazing to have them along for the ride."


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Port 10 Watco Rail Logistics yesterday announced plans to build a 400-car storage-in-transit (SIT) yard to alleviate rail-car congestion and accelerate supply-chain movement in the Port of Houston region.
Port 10, which is a joint venture of Watco, Pontikes Development and McNair Interests, will provide off-site railroad infrastructure to enable industrial customers to store empty and loaded rail cars outside of the industrial footprint. The offsite option is a cost-effective and efficient way of maximizing production capabilities, Watco officials said in a press release.
The new yard will be located adjacent to Interstate 10 and provide access to Union Pacific Railroad and its Coady Yard. The plans call for 400 rail-car spots and 3 million square feet of warehouse and distribution space. Construction is expected to begin next month and conclude by the end of first-quarter 2023.
"We expect the new yard — an extension of the Port 10 Logistics Center industrial park development — will add convenience, flexibility and operational efficiencies to our customers in the Baytown area," said Marc Massoglia, Watco’s senior vice president of sales for terminal and port services.


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On Monday, workers from major chains including KFC, Wendy’s, Burger King and McDonald’s in seven cities will be staging a strike in a protest for better wages. The workers are hoping the protests -- which will occur in Detroit, New York, Milwaukee, Chicago, St. Louis, Flint, Mich., and Kansas City, Mo. -- will prompt employers of popular fast-food chains to raise pay to a "living wage" of $15 an hour.
According to the Washington Post, the strikes in these seven cities extend beyond the fast food business, with employees at other low-wage stores including Dollar Tree, Macy’s and Victoria’s Secret slated to join the protests.
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Procter & Gamble has moved its global Gillette advertising account into WPP’s Grey, ending a relationship with BBDO of nearly five decades.
Grey triumphed against Omnicom’s BBDO and the other finalist, Publicis Groupe’s Saatchi & Saatchi, ending the shaving brand’s 47-year relationship with BBDO.
The review kicked off in September 2012 and initially covered the estimated $150m (£97m) North America ad business, but expanded to incorporate a global brief. It has been reported that Grey could now earn an annual fee of $50m (£32.3m).
Grey’s pitch was led through its New York office, but the win is expected to have significant impact on the UK office, with Grey London becoming responsible for the brand’s advertising in Europe. P&G spent £13m on media for Gillette in the UK in the year to September 2012, through various media agencies.
A three-month handover period will now take place, during which the EU Transfer of Undertakings (TUPE) directive could be enforced, meaning that Grey could become responsible for some of BBDO’s workforce who worked on the Gillette account.
The account covers Gillette’s men’s razors, shave preparation products, razor blades, skin care and deodorant.
BBDO has handled the worldwide creative account since it bought the Clyne Maxon agency in 1966. It created the well-known ‘The Best a Man Get’ slogan, which first appeared in a 1989 Super Bowl ad.
Recent campaigns include ‘Masters of Style’ TV spot which aired around the world, starring Adrien Brody, Gael García Bernal and André 3000.
The win does not currently affect Gillette’s media arrangements, including US media buying held by Starcom Mediavest Group.
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Ranbir Kapoor to endorse online travel portal
Ranbir has been chosen to endorse the platform as he is technologically savvy, modern and has a passion for travelling
Myntra to help weavers revive demand for handlooms
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StoryLTD's online book auction showcased first editions, rare and limited edition books
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Documentary on Gully Rap titled Kya Bolta Bantai released online
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Microsoft is really serious about the adoption of Windows 10. The company has used free upgrade promotions and obtrusive advertisements built into Windows Update to prod users into dumping older versions of the operating system in favor of the 2015 release. Curmudgeons clinging to Windows 7 will now have a tough time buying new PCs with the old operating system, as Microsoft has ended sales of Windows 7 Professional and Windows 8.1 to computer manufacturers.
Windows 7 Professional joins Windows 7 Home Basic, Home Premium, and Ultimate on the "no longer available" list, where the other Windows 7 versions have found themselves since October 31, 2014. Windows 8 has been unavailable to PC makers since June 30, 2016.
The move is part of the Microsoft's Windows lifecycle. Sales of retail copies of Windows 7, Windows 8 and Windows 8.1 have already ended. Windows 7 is now in its extended support window, set to last until January 2020. Mainstream support for Windows 8 is scheduled to end in January 2018, with extended support terminating in January 2023.
Microsoft has billed Windows 10 as the last version of Windows, and the company has yet to announce when the OS will stop being supported. Windows 10 was refreshed in last summer's somewhat controversial "Anniversary Update," while a "Creators Update" is set to be released some time in 2017. Microsoft's move may not matter much, since Intel has announced that new CPUs and chipsets will only support Windows 10.
|Acer Spin 1 and Nitro 5 laptops are ready for school season||4|
|Ryzen AGESA 126.96.36.199 exposes more memory overclocking options||10|
|Zotac previews plenty of petite PCs for Computex 2017||3|
|Kingston KC1000 SSDs jump into the consumer NVMe space||4|
|Zotac readies a GTX 1080 Ti Mini and a slick external enclosure||22|
|Towel Day Shortbread||5|
|MSI gets the GTX 1080 Ti ready for USB-C monitors of the future||14|
|Cryorig Cu heatsinks are cool in copper||8|
|Cougar Conquer enclosure makes the PC a centerpiece||17|


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Pay-Per-View Video from DaCast
Self-service live-streaming platform DaCast has integrated a rather innovative payment system (dubbed Pay-in-Play) which is embedded into the DaCast video and audio player. That’s right – consumers will pay inside the video and audio player directly.
As far as I know this is one of the first fully integrated solutions to offer viewers a way to pay for premium content and for publishers to sell media. It’s like Pay-Per-View for the digital media set.
According to DaCast, based on a month long testing from a pool of beta-testers, conversion rates were increased by 233% - not too bad.
The DaCast Pay-in-Play system is currently available now to DaCast users. Broadcasters already using DaCast’s rich monetization features will see the new Pay-in-Play already integrated into their pay per view streams.


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KINGSPORT, Tenn. (WJHL) — A new locally sourced wine bar has opened its doors in downtown Kingsport.
Inspire Wine Bar, owned by Kingsport resident Talina Zsido, officially opened its doors on Thursday. Zsido told News Channel 11 that she’s excited about being the first wine bar in the Tri-Cities.
“I think it’s exciting, in that we don’t have a wine bar. We actually don’t have a wine bar in the Tri-Cities,” Owner Talina Zsido said. “We tend to be a little bit more unique, quiet, chill, there won’t be loud live music, there won’t be karaoke. It’s just going to be a different place to hang out and have a conversation.”
Inspire Wine Bar is located at 116 Commerce Street in Kingsport.


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For the first time in its 42-year history, the International Wine and Spirit Competition (IWSC) has awarded its coveted Communicator of the Year award to experts from the world of spirits. American-born Jared Brown and Anistatia Miller, both experienced mixologists and the authors of more than 30 books on cocktails and spirits, won the title; beating off competition from some of the world’s leading
Judges assembled at the Culinary Institute of America on Friday 25 March for a full induction in the Rudd Centre in preparation for tasting USA wine entries in the International Wine & Spirit Competition. Philip Goodband MW, chair of the IWSC Technical & Judging Committee, presented the criteria & marking system to the group of 28 as they tasted their way through a range of
45th VINITALY OPENS TOMORROW INAUGURATION WITH MINISTER SAVERIO ROMANO.
The President of the Veneto Region Luca Zaia, the Minister for the Cultural Heritage Giancarlo Galan, the Mayor of Verona Flavio Tosi, The President of the Province of Verona Giovanni Miozzi and the President of ICE Umberto Vattani all in attendance.
Verona, 6 April 2011. Tomorrow, 7 April, welcomes the 45th Vinitaly, the most
GALA EVENING FOR THE 150 YEARS OF THE UNITY OF ITALY. BERLUCCHI, SANTA MARGHERITA AND THE MASTER OF WINE INSTITUTE TAKE THE VINITALY INTERNATIONAL AWARDS Event organised for the presentation of UNA, the official Bottle of the 150th anniversary of the Unity of Italy promoted by VeronaFiere. Anistatia Miller and Jared Brown announced as Communicators of the Year. The Vinitaly International Awards were made
The International Wine and Spirit Competition (IWSC) has signed a partnership deal with wine comparison website WinesDirect to promote medal-winning wines to consumers. WinesDirect’s IWSC page will include Trophy, Gold, Silver, and Best in Class wines sold in the UK, along with tasting notes, stockists and prices. Medal-winning wines can be searched for by colour, price, country, region, grape variety or retailer. “This
Independent Retailer of the Year 2010 Woodwinters wine merchant in Scotland was nominated nationwide by consumers to pick up this prestigious award. Set up by husband and wife team, Cara winters and Douglas Wood, they have two stores in Edinburgh and Bridge of Allon but serve a UK-wide and international community (mainly France and Spain) via their wine delivery system. The key to their
Each month we put the spotlight on a member of the IWSC team. This month it’s our very own Managing Director, Allen Gibbons . How long have you been the MD? I became MD of the group two years ago, although I’ve been a Director of the IWSC for four years. What is it like running the Competition? Running the Competition, any
The International Wine and Spirit Competition (IWSC) are pleased to announce a new sponsor. The Istituto Regionale della Vite e del Vino are now sponsors of the IWSC Italian Wine Producer of the Year until 2013. After the three big Italian wine producing regions of Veneto, Piemonte and Tuscany, Michele Shah (IWSC Italian Agent) comments that “the new star to seriously follow is Sicily”.
New players in the global wine market will descend on ExCeL for the London International Wine Fair in May. Russia will exhibit for the first time, with a generic pavilion hosting eight wineries from the country’s largest wine producing region of Krasnodar. In addition, Abrau Durso – Russia’s leading sparkling winery – will return after a successful 2010 launch, on a separate stand. In
As part of the Waitrose / IWSC sponsored WSET Diploma scholarship, I was given the unique opportunity to visit the Corkwise Laboratory which specialises in the technical analysis of wines. The process of technical analysis not only meets a legal requirement for all wines and spirits being commercialised, but it also helps producers during the winemaking process as well as importers and distributors at every


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Since beginning of the global COVID crisis Bangladesh enforced multiple local, regional and national lockdowns with various level of intensity and effectiveness. The Ready-Made-Garments (RMG) industry, backbone of the Bangladesh's economy contributing up-to 80% of the country’s export, however, remained unaffected from lockdowns fearing worst economic consequence with social and political risks in case millions of workers take to the streets for losing income.
Special Treatment of the RMG sector
Avoidance of all previous lockdowns was possible mainly because of the RMG industry’s powerful and frantic lobbing until the ongoing “toughest lockdown” from 23rd July - 5th August. This time too, though only with little extra bonus, all RMG factories and it's related businesses have been allowed to re-open on the 1st August, four days ahead of the rest of the nation’s “strict lockdown” for others, much to the dismays of the health professionals and epidemiologists, who describe the current Delta, or B.1.617.2 variant, first identified in India in December 2020 as 40-60% more transmissible than Alpha and almost twice as transmissible as the original Wuhan strain of SARS-CoV-2.
The majority of the country's almost five million RMG workers, who found a bit extra time-off to visit their families and love once in their villages and saving some expenses of urban living, are now on their way from all over Bangladesh to join their work place tomorrow, the 1st August 2021 at 09:00 hrs. sharp, most likely carrying the deadly Delta, or B.1.617.2 in their bodies with logical and unavoidable consequences thereof.
One RMG factory owner, who employs more than 20,000 workers, expressed his serious concerns about the consequences in the next weeks and months after opening his factory but he said that he had no other options but to open the factory because his order books were full and his buyers were merciless about the price, quality and shipping schedule.
Global Container Crisis
Exports from Bangladesh have been facing unexpected delays for the last couple of months due to the global shipping container crisis. According to Bangladesh main seaport, the Chittagong port, officials it has been the case partly for the congestion in many Asian transshipment ports, especially in Singapore, Port Klang in Malaysia, and Colombo in Sri Lanka, meaning containers that took goods for export from Bangladesh to foreign countries, have yet to return those containes for another shipment.
Hapag-Lloyd, one of the world's biggest container shipping companies has suspended carrying fresh Bangladesh-bound cargoes from Singapore port, which may worsen the ongoing container crisis in Chittagong port.
Looming Financing Risks
Far greater and more sustained delays to delivery default risks may be rooted in the Bangladesh's notorious high level of non-performing loans in the banking sector as the default loan outpace recovery rate and clearly evident by official announcement of the country's honourable finance minister in the parliament by numbering more than 300,000 loan defaulters in Bangladesh referring to the country's central bank's relaxed policies on loan classifications, helping reduce default loans, stated the honourable minister further.
In early 2019 the honourable finance minister of Bangladesh reported 266,118 loan defaulter in the country as of December 2018, with a top 20 loan defaulters list. A High Court order, however, prevented names of some defaulters from being published, noted the finance minister in his speech at the parliament.
Last but not least, the Bangladesh’s ca. $8 billion revolving credit risk from the global retailers and brands remains a serious threat to the already stressed economy of Bangladesh, particularly that of the Banking and RMG sectors until such credit terms are revised and adequately secured on a priority basis. It is just a matter of time when the disaster strikes because certain amount the credit is expected to default beyond COVID-crisis, which an economy like Bangladesh is bound to hit hard.
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- Story Highlights
- Online Gaming Addiction: A couple in China sold all three of their kids to pay for online game play
- 500$: That's what their baby daughter was sold for
A Chinese Couple Sells 3 Children for Less than $10 000 Total to Pay for Gaming Addiction
A young couple in South China is accused of selling all three of their children to raise money for online gaming.
Li Lin and Li Juan, both still under the age of 21, met 4 years ago in an internet gaming shop and discovered a shared passion for online games. About a year after meeting they had a baby boy (who they left behind at home just days after birth to head back to the café for more online game play) and not long after that a baby girl.
To raise money for their addiction the couple decided to sell their second born baby girl and received $500. After that, they set out to sell their first born son and managed to get $4500 dollars for the boy.
Figuring they’d stumbled onto a good money maker, the couple conceived another baby with the intent of selling him or her after birth. The third baby was a son and he also fetched them $4500.
The young man’s mother eventually learned of their schemes and turned them into the authorities. When asked why they had sold their children, they replied, “We don’t want to raise them, we just want to sell them for some money.”
The couple denied knowing that baby selling was against the law.


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During today’s Oculus Connect event, Facebook creator Mark Zuckerberg announced a slew of VR-themed news that any Rift and virtual reality fans will want to hear. First and most importantly, there is a brand new VR headset coming next year called the Oculus Go.
If the name doesn’t give it away, it is primarily for on-the-go mobile devices like your smartphone. A clear competitor to the Samsung Gear VR, the Oculus Go has features that make it much more consumer-friendly than its rival. It features a sleek, comfortable design that most notably does not require a phone inside to operate.
Unlike the Samsung Gear VR that requires you to have your phone slotted directly into the VR headset, the Oculus Go does not force you to do that, eliminating unnecessary clutter and weight. Details haven’t been given on the specifics behind how it works, whether it uses Internet or Bluetooth to connect with your phone, but it promises a streamlined mobile VR experience.
The Go will be sold at retail for the competitive price of $199. In direct response to the Gear VR, Mark Zuckerberg added that all current Gear VR titles will be compatible with the Go at its launch early next year. No specific release date was given for it, but developer kits will begin shipping next month.
In addition to that, there was a price drop announced for the original Oculus Rift. The VR headset has had its price dropped permanently to $399. This is for the bundle that includes both the headset itself and Touch controllers.
Originally at launch, the same Oculus Rift bundle was priced at $599 before temporarily going on sale earlier this summer for that same price drop of $399. It is now permanent, though, and the bundle will reflect the $200 price drop starting today at stores everywhere.


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DUBAI, Dec 13 (Reuters) - Bahrain’s central bank has issued draft rules to regulate operators of crypto-assets, it said on Thursday, the latest sign of the kingdom’s drive to position itself as a regional fintech leader.
The central bank said it had issued for consultation draft rules for crypto-asset platform operators, providing regulations for the licencing and supervision of crypto-asset services.
Crypto-assets, including cryptocurrencies, are digital assets that use cryptography to secure financial transactions.
The rules also included measures to safeguard customer interests, technology standards and cyber security risk management, the central bank said.
Bahrain has identified fintech as a way to try to revive its credentials as a regional banking and business centre and has already launched a regulatory sandbox to allow firms to test and develop their products in a virtual space.
Elsewhere in the Gulf, the United Arab Emirates and Saudi Arabia have started developing fintech for cross-border settlements, including a digital currency project, the UAE’s central bank governor said on Wednesday. (Reporting by Tom Arnold Editing by Alexandra Hudson)
Our Standards: The Thomson Reuters Trust Principles.


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The cotton market is slightly higher overnight, as it attempts to build upon its technical gains since Friday. Thursday it will face two key fundamental reports which could give additional upside momentum. Early Thursday, USDA will issue its weekly export sales data; the last report was not as dramatically friendly as prior reports.
The hope is not to see delays or cancellations of previously purchased U.S. cotton. Several top U.S. customers have reduced, or fully shuttered, textile factory activities as a means of combating COVID-19.
The other report Thursday is April’s supply and demand updates from USDA. The three key categories to watch are domestic production, exports and Chinese consumption. Of late, global ending stocks have been on the rise as Chinese consumption has declined. It is also expected U.S. production will be slightly lowered and exports increased.
President Donald Trump made some comments on the U.S. dollar Tuesday, touting the strength of the dollar. While a strong currency is a basic positive for any nation, an overly strong currency, such as the U.S. dollar, can be a hindrance to exports of agricultural and manufactured goods and services.
For Wednesday, close-in support for May cotton lies at 52.40 cents and 52.05 cents, with resistance at 55.00 cents. Overnight estimated volume is 11,405 contracts.


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USPS Sample Showcase Direct Mail Service Launching
WASHINGTON, DC—March 30, 2011—Sending product samples in the mail is a proven way to engage consumers, test new products and generate sales. Now, with the introduction of an innovative co-op service from the U.S. Postal Service, thousands of households across the nation will soon receive packages brimming with food and personal care sample items sure to delight consumers while delivering results for participating marketers.
Sample Showcase is a breakthrough marketing service which brings together the power of direct mail and the promotional effectiveness of product sampling to generate sales for consumer product manufacturers. For this week’s full-scale launch, more than 250,000 targeted consumers at households in the Austin, TX, Chicago, Denver areas and opt-in consumers across the nation will receive Sample Showcase packages.
“Sample Showcase is a highly effective way to deliver product samples directly to consumers, and it arrives at the household in an attractive package,” said Paul Vogel, president and chief marketing/sales officer. “By harnessing the unique ability of the mail to access the household in a highly targeted manner, product marketers now have an engaging, measurable and cost-effective way to break through the clutter, build a customer base and increase sales.”
Market testing conducted in May 2010 received positive responses from participating consumers, with 95 percent of recipients saying they were very excited to receive Sample Showcase in their mail. Respondents overwhelmingly enjoyed the contents, with 98 percent saying the mix of products appealed to them, and 97 percent said the products were relevant to them. A significant number of survey participants also responded that after trying the product sample they had purchased the item.
Sample Showcase is assembled and distributed by StartSampling, a leading sampling sales and distribution firm, under contract with the Postal Service. The Postal Service is moving forward with additional initiatives for product sampling that leverage its strengths in the marketplace.
Business customers interested in including product samples in future shipments of Sample Showcase can inquire by sending an email message to: firstname.lastname@example.org. Additional details about Sample Showcase can be found online at usps.com/directmail/givesamples.
The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations.
About the U.S. Postal Service
A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations. With 32,000 retail locations and the most frequently visited website in the federal government, usps.com, the Postal Service has annual revenue of more than $67 billion and delivers nearly 40 percent of the world’s mail. If it were a private sector company, the U.S. Postal Service would rank 29th in the 2010 Fortune 500. Black Enterprise and Hispanic Business magazines ranked the Postal Service as a leader in workforce diversity. The Postal Service has been named the Most Trusted Government Agency six consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute.


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An industry-specific international competition supported by the Ministry of Industry and Trade of the Russian Federation.
The 2023 edition of GxP-Profi is scheduled for 1 July – 30 November.
The international professional excellence awards is held by the Eurasian Academy of Good Practices and Russia's Ministry of Industry and Trade with the support of the Eurasian Economic Commission. This year's GxP-Profi coincides with the fiftieth anniversary of the State Institute of Drugs and Good Practices of Russia's Ministry of Industry and Trade. The institute's goal is to ensure compliance with the GMP guidelines. This resonates with the main objective of the awards, i.e. fostering the industry’s potential by developing and implementing innovations in order to improve quality in pharmaceutical manufacturing.
The goals of the 2023 GxP-Profi include identifying the leading EAEU pharmaceutical manufacturers in terms of quality assurance, promoting the best innovative solutions in the industry, enhancing the image of the EAEU pharma companies, and boosting their competitive advantage in the global market.
The award is open to successfully implemented innovative solutions designed to improve the quality system in pharmaceutical manufacturing. Each entry is judged based on the following criteria: how relevant the project is for quality assurance in pharma manufacturing, how innovative the solution is, whether it has been implemented at the production site with proven success, and whether it can be discussed publicly. Projects are reviewed by an independent expert committee featuring representatives of Russia’s Ministry of Industry and Trade, as well as Russia’s and the world’s leading industry experts.
The 2023 qualification round will be conducted remotely from 1 July to 15 October. The results will be shared on 27 October.
The finals will be held as a hybrid event in November 2023. The winners will be decided on the basis of their presentation and discussion of the project. The award ceremony will take place in early December at an official meeting of industry leaders, where the heads of Russia’s Ministry of Industry and Trade will honor the winning companies’ directors with the prestigious GxP-Profi award.
Last year, a total of over 20 entries were submitted by participants from Russia, the EAEU and other countries. Of these, the 2022 GxP-Profi expert committee selected 10 best projects. Companies such as Akrikhin, Biocad, Valenta Pharm, Geropharm, Minskintercaps, Polysan, Sotex, R-Pharm, and Pharmasyntez all made it to the finals. The first prize was awarded to Akrikhin's Data Integrity. From Good to the Best! project. R-Pharm's Automation of Pharma Quality System Management came second, followed by Pharmasyntez's Utilities & Solutions for Manufacturing Hazardous Drugs in Compliance with the Current Regulations. The projects presented to the public at Pharmtech&Ingredients, the largest industry fair in Russia and the EAEU, created a real sensation.
Faiza Yagudina, Quality Director at Akrikhin, considers GxP-Profi as a great challenge both for her project team and for the entire industry. 'First and foremost, GxP-Profi has helped us once again to reveal our potential and to bring about results. All in all, it has demonstrated what we are capable of', pointed out Faiza Yagudina.
According to Tatyana Vyazmina, R-Pharm's Quality Director, GxP-Profi has a particular importance for the industry as a whole because it enables all the Eurasian states to share their experience.
Valery Aristov, Pharmasyntez's Corporate Quality Director, believes that GxP-Profi, as a showcase of the most promising and effective innovations, helps to make pharmaceuticals safer and more accessible for consumers. 'This useful and exciting event will allow us to optimize the industry's key business processes, and to phase out inefficient solutions', said Valery Aristov.
The 2023 edition of GxP-Profi promises to be an even bigger event. It is expected to attract a greater number of participants and to draw more attention from both the professional community and the general public. GxP-Profi is a chance to showcase your achievements, to claim authorship of your innovations and their affiliation with your company, to get an independent expert review, to gain public recognition, and to enter to win a prestigious industry award. Your expertise in running a company dedicated to innovation in quality assurance will receive extended coverage in the professional community and the media. The organizers are planning a full-fledged PR campaign, with the finalists’ projects presented at the 2023 Pharmtech&Ingredients fair.
Competition Regulations: watch here
Instructions for registration of participants «GxP-Profi»: watch here


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43 tonnes of smuggled pork seized in three months by Thai customs officials
Thai customs officials have seized more than 43 tonnes of smuggled pork, worth about 8.9 million baht, during the past three months, including about 35 tonnes in September alone, according to Patchara Anuntasilpa, director-general of the Customs Department.
He said today (Monday) that the department has stepped up its crackdown on frozen pork and pig carcasses being smuggled into the country through various border crossings to prevent the spread of African swine fever.
He cited an incident on September 11th when customs officials stopped a container truck in Bang Phli district of Samut Prakan province and found 23 tonnes of frozen pork, worth about five million baht, on board, adding that the driver of the truck could not produce any documentation to certify from where the pork came and there was no import permit.
Also in September, customs officials in the southern province of Songkhla stopped a container truck on Phet Kasem highway and seized 12 tonnes of smuggled pork wrapped in plastic bags, worth about 2.3 million baht.
All the seized pork and pig carcasses will be delivered to the Livestock Development Department for storage, as legal action is being taken against those responsible for the smuggling.


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LALA Group Mexico closes deal with Brazilian dairy market company, reported “El Universal”.
LALA Group has closed the negotiation process to purchase Brazilian company Vigor Alimentos, including the stock shares of Itambé Alimentos.
“The acquisition project will be presented for its approval to the Lala board of directors during a meeting held on August 3,” said the company in a statement sent to the Mexican Stock Exchange (BMV, in Spanish).
According to Reuters, LALA offered 5 thousand 700 millions of Brazilian reals (one billion and 800 million American dollars) to the major shareholders of the company, but the exact amount of the transaction wasn’t specified.
Vigor is a company on the Brazilian dairy market, focused on aggregated value products and innovation, it has more than 7 thousand 600 employees, 11 storage centers, 14 production plants, 31 distribution centers and 67 thousand points of sale in Brazil.
Itambé Alimentos, also a Brazilian dairy company, has more than 66 years on the market and has a dairy product portfolio, which includes powdered whole milk, condensed milk, caramel spread, yogurt, dairy and UHT milk.
“This transaction is subjected to certain conditions, including the approval of the board of directors and the shareholder’s meeting of LALA, governmental authorizations, shareholder agreements and other inherent contractual conditions,”.
LALA will obtain financing and possible capitalization as part of the financial package for these acquisitions.


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Kroger has expanded its fleet of delivery vehicles to include Nuro’s custom unmanned vehicle, the R1.
Almost 1,000 deliveries completed as part of pilot program
Kroger and Nuro first partnered on a self-driving delivery service in August, piloting a programme in Scottsdale, Arizona. This utilised a fleet of Prius vehicles, accompanied by vehicle operators, with almost 1,000 customer deliveries completed. The expansion of the programme to include the R1, which has no driver or passengers, is a significant move, and the first of its kind in the US.
Opportunity to scale the model
The fully electric vehicles have locking compartments and shoppers will receive a code to unlock it when they place their order. Each vehicle weighs around 1,500 pounds and have cameras and sensors to allow them to drive autonomously. With last mile delivery typically the highest cost element within online grocery fulfilment, improving cost efficiencies in this area could provide significant operational savings for Kroger, helping it to scale its model.
Arizona a key testing ground for driverless vehicles
Customer acceptance of self-driving vehicles will be a key focus for the test. Kroger will not be alone in testing self-driving vehicles in Arizona. While Uber recently ended its test in the market to focus on California. Alphabet-owned Waymo has been testing in Phoenix for over a year. Recently it announced plans to partner with five companies in the city, including Walmart. Under this pilot, Waymo vehicles will transport the rider to and from Walmart to collect their groceries.
Webcast: 2019 global retail trends
24 January, 10am GMT/11 am CET, 30mins
Listen in and ask your questions | IGD future thinkers, Toby Pickard, Vanessa Henry and Chris Irish, will discuss the global retail trends we expect to see in 2019, from the viewpoints of retail innovation, grocery shoppers and supply chain.
Register for free »


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RIMS Recap: Tech Trends that Could Change Everything
Last month, Gordon Clemons, CEO and Chairman of CorVel Corporation, presented at the RIMS Conference in New Orleans, La. about emerging technology and how it is impacting risk management and workers’ compensation. The discussion served as a springboard for new insights on how technology will change the industry, and reaffirmed the need for integrated systems and human interaction for the best results.
The presentation noted the future is here – and technology is constantly evolving in hopes of outpacing tomorrow’s needs. As these technology platforms become more inherent in daily life, the gap in translating their utilization to workers’ compensation will begin to close.
Technology in Healthcare
While many consumer-based technology advancements exist in other industries, perhaps most notably in the retail space helping vendors to reduce various delays in the sales experience, people may forget that healthcare, too, is a consumer industry. And as such, healthcare also experiences workflow lags, which can be collapsed.
While patients and claims may not lend themselves as freely to mobile applications and technology that subscribes to the “Internet of Things” philosophy, the rapid rate of development foretells the not-too-far-off arrival of the “a-ha,” “wow factor”-type application that consumers are seeking in the healthcare industry.
Once we get there, we can only expect that the Pangea of resources will yield better outcomes. The potential impact to medical management includes more affordable/accessible healthcare, patient convenience, personal assistance, automatic inputs to claims systems and less administration from both patients and injured workers.
“Healthcare is stubborn about change. There are more data points in healthcare and there is a greater need for high quality and accuracy,” Clemons said.
Tech Trends for the Next Digital Decade
As an industry advocate in all things innovation, CorVel has been keeping tabs on emerging tech trends. As they begin to influence in other industries, it sparks the question – will they eventually change workers’ compensation?
Here are some of the trends on CorVel’s radar:
Smart phones and tablets were the first mobile devices to really start to gain traction across people’s personal lives. Since then, wearables (like Fitbits and smart watches) have been part of the next digital generation to be taken up by consumers.
As these personal devices quickly advance, wearables could offer payors and employers added insight into the wellness of claimants through the extent of their retrievable data.
Beacons are devices that use low-energy Bluetooth connections to communicate messages or triggers directly to a smart device (such as a phone or tablet). Retailers have started using this technology, sending offers to near-by consumers’ phones. Now the concepts of smart mirrors and smart walls offer a one-stop-shop with recommendations related to the preferences of the shopper – making a hyper-efficient business model. It is possible that we could see these devices adapted to being a catalyst for healthcare’s business model by reducing the delays of administrative work.
Formally known as unmanned aerial vehicles (UAV), drones can be remote-controlled or flown autonomously through pre-defined flight plans within their internal systems. Some carriers are testing the use of drones to potentially be used to evaluate property damage and responding to natural disasters.
As most injuries reported in workers’ compensation are musculoskeletal injuries, the industry lends itself well to the benefits of telecommunications and telemedicine. With the rise of electronic capabilities, telemedicine becomes another option to help guide an injured worker through their entire episode of care, reducing time delays.
In order to get to that point in time, implementing these trends (and those that are yet to be launched) will only be as successful as the population willing to accept them. Buy-in will require a commitment to the long-standing pillars of the industry. According to Clemons, “While technology can truly move the needle in workers’ compensation, it will take more than bells and whistles to maximize its impact.”
“People’s feelings are valid. The skepticism surrounding new technology is not misplaced, but neither is the enthusiasm,” Clemons said.
New Trends, Same Priorities
Beyond the buzzwords and hype surrounding the latest apps and devices, for new technology to succeed within the workers’ compensation realm, it boils down to the two primary concepts that drive the industry to begin with – effective infrastructure and a people-first philosophy.
The power of applicable resources and the actionable data that results from them is in the foundation of the systems themselves; that primarily being through the influence of integration. It is not a new concept; however, as technology advances and the reach of analytic capabilities broadens, it is important to find a provider that can harness this data and channel it into effective workflows to increase efficiencies and promote better outcomes.
CorVel’s proprietary claims management system has been developed and supported by an in-house, full-time information systems division to be intuitive and user-friendly. Complex, proprietary algorithms link codified data across the system, facilitating collaboration between services, workflows, customers, and technology and eliminating the risk that a crucial piece of information will be missed. The result is an active “ecosystem” providing customers with actionable data to provide the most accurate, comprehensive picture at any time, while also collapsing inherent delays.
For the injured worker, the critical human touch connection in the workers’ compensation process can never be minimized. By cutting lag time throughout the various inefficiencies underlying the industry’s workflows, CorVel can connect injured workers with quality care sooner. As systems advance, claims and managed care associates do not have to spend as much time on administrative work and will instead be able to devote more time to the injured workers, reviving the human touch aspect that is just as impactful within the industry.
Regardless of the technology that lies ahead, CorVel looks to the future with investments in innovation, while not losing sight of their role and responsibility to clients and patients. Dedicated to constant improvement for the services they provide injured workers and industry payors, CorVel is committed to improving industry services one app, click, drone (or whatever is yet to come) at a time – perhaps something to discuss in San Diego at next year’s RIMS conference.
For more information, visit corvel.com.
This article was produced by the R&I Brand Studio, a unit of the advertising department of Risk & Insurance, in collaboration with CorVel Corporation. The editorial staff of Risk & Insurance had no role in its preparation.


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UPDATE: December 21, 2017 4:30 p.m. When we first heard that Deciem was launching The Ordinary at Sephora last month, we thought the news couldn't get any more exciting. Well, my friends, the time has come — it's here, and we're stoked.
If you still have a few holiday gifts to scoop up, consider handing over your funds to Sephora, as all of The Ordinary's fan-favorites are now lined on the beauty retailer's e-shelves, ready for the taking, er buying. Hyaluronic Acid 2% + B5! Granactive Retinoid* 2% Emulsion! Niacinamide 10% + Zinc 1%! It's all there — waiting for you (and your wallet) at sephora.com.
This story originally posted on November 30, 2017.
Hold onto your hats and find a seat, my fellow skin-care addicts because I'm about to hit you with arguably the most stellar skin-related news of the season. A lofty claim, I know, but just wait for it...
The Ordinary, a.k.a. the affordable, efficacious brand backed by science that's made a major splash this year, is officially making its way to the U.S. market, according to a WWD report. This means you can wave sayonara to the superfluous shipping costs and say hello to the luxury of being able to walk into a store IRL to try out all the goodies prior to making a purchase.
Its parent company, Deciem (also aptly called The Abnormal Beauty company), plans to open up 10 stores throughout the U.S. within the next six months, seven of which will be spread out across Manhattan, Miami, Los Angeles, and San Francisco. And what's more, The Ordinary, which is easily the company's most renowned brand, is due to launch nearly all of its products (with the exception of a select few) online on Sephora this December — December 20 to be exact . And they'll be available in Canada, too. Brandon Truaxe, chief executive officer and founder of Deciem, told WWD the goal is to launch in Sephora stores in March, but explained that this could be delayed because of supply issues due to high demand. (Seriously, people can't get enough.)
And if this isn't enough exciting news, I've got even more for you, folks. Sephora also has plans to launch a not-yet-released brand called Abnomoly, which, according to Deciem's co-ceo, Nicola Kilner, will include innovative, even odd, if you will, products like hyaluronic acid-infused mouthwash, as well as mints, ointments, and more. In other words, beauty-related items that don't exactly fit in at your local drugstore.
Needless to say, this is a lot of good news to take in, and it makes me want to go home right now and slather on my favorites from The Ordinary, some of which include its Hyaluronic Acid 2% + B5, 100% Plant-Derived Squalane Oil, and the Niacinamide 10% + Zinc 1%. Oh, and how could I forget the cult-favorite Coverage Foundation? So many winners, so little time.
- The Ordinary Is Coming Out With a Follow-up to Its Massively Successful Serum Foundation
- Here's Exactly What Salicylic Acid Does to Your Skin
- ColourPop Will Soon Be Available at Sephora
Now, check out the Best of Beauty base winners:


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Report reveals drop in iPhone loyalty in US and UK
Could loyalty to Apple among iPhone users be waning? According to a new report from Strategy Analytics the number of iPhone owners who will go on to purchase their next phone from Apple had fallen.
Last year, 93% of iPhone owners in the US said the next phone they buy would be from the same maker - Apple. That figure has dropped this year to 88%, which is still a decent retention rate but a drop nonetheless.
The same scenario is being played out in Western Europe. There, 75% of iPhone owners said they will, or probably will, go on to purchase another iPhone, down from 88% in 2011.
According to the report, the drop in loyalty began recently with the launch of the iPhone 5, most probably due to its lack of innovation and the infamous Google Maps situation.
"There is no doubt that Apple is continuing its success in retaining existing user base while attracting new customers," said Paul Brown, a director at Strategy Analytics, in a statement. "However, negative press prompted by a perceived lack of recent innovation by Apple has meant we are starting to see some growth in the number of previously highly loyal consumers who are now reconsidering whether or not they will purchase a new iPhone for their next device."
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The quarantine has been hard on all of us. Some have used it as a way to get closer with family, while others have started new hobbies to pass the time. Ten-year-old Evie Levindofske (or Earmoji) has made a business. What started out as a birthday gift for her grandmother in August has become a full-on endeavor.
“We were actually going to make earrings for my grandmother for her birthday,” Levindofske said. “We were thinking since she was a teacher when she was young, I was thinking making apples, pens and like a pencil. We got all the supplies for it and we said this is a really fun, let’s keep doing more and that’s how this all originated.”
Evie, like most entrepreneurs, took an idea or project and made it into a reality. She went from making earrings into being a keychain artist. Some of the keychain designs have been Star Wars, cat and Halloween themed. She also does custom orders for those who are interested. Evie charges $10 for her template and customs, takes the money she makes and donates a certain amount to different charities. An example would be the Redwood Food Bank or the garden at University Elementary School.
“I’ve done more than just the Star Wars, cats and Halloween themes,” Levindofske said. “When we did our first charity to the food bank, I did tacos with faces, and for the garden charity, I did bees and one that didn’t make it on the list was roses.”
Evie also said she’s hoping to expand to hairclips to complement her keychains. She also hopes to possibly donate some of her money to firefighters as she appreciates the work they’ve done, as well as women empowerment.
Most successful entrepreneurs have a business partner, or at least someone who might pitch the idea to them. That person for Evie was her mother, Aimee.
“It was kind of both our ideas,” A. Levindofske said. “She was doing it and I asked, Hey, do you want to sell these and donate money.” “So, I asked her before and she was into it, so we said try it and see what we can do.”
For this project Aimee has the perfect skills, as she’s a graphic designer and works in Social Media Management for a couple of businesses in Rohnert Park.
“I made her logo,” A. Levindofske said. “It was a nice project for me too, considering we are stuck at home and it teaches her to kind of think outside yourself.”
An example is Evie figuring out how much Redwood Credit Union charges per dollar and using that to strive towards making a certain amount of money.
Just like Evie, Aimee sees her business continuing over the next couple of years. She said her daughter wants to evolve from keychains. Aimee mentioned necklaces, hairclips and bookmarks. “The reason she did keychains is because boys don’t really wear earrings, so she wanted to be able to market herself to everyone,” A. Levindofske said.
Though Earmoji started in July, the business is already picking up steam. Aimee stated that three of Evie’s classmates want to help out her business. This means Aimee has to have a business meeting with four ten-year-olds. During the meeting she breaks down the fundraisers, how much everything costs and the actual profit margin at the end.
“I told them because of how much everything costs to produce, that you will only make two dollars out of it,” A. Levindofske said.
When asked how Earmoji will get more exposure, Aimee said it won’t be easy. She will continue to promote on Facebook and at Evie’s school. Right now, it’s difficult with distance learning. Aimee is working weekends at a winery so it’s not easy for her to think of new fundraisers “Facebook has gone really good,” A. Levindofske said. “Being able to sell them at the school is also great. We sold some at the school supplies pickup/Farmers Market.”
The Farmers Market was a success, as Evie was able to give $300 out of her $600 made to her school’s garden Tuesday afternoon.
Though she’s not sure how long Earmoji will continue, Evie was excited about the prospect of expanding her business and continuing it after quarantine.
Knowing how Cotati and Rohnert Park love supporting small businesses and entrepreneurs, it wouldn’t be a surprise to see Evie become well-known throughout the community and be able to rake in more money for charity. With everything happening in the world right now, it’s great that someone like Evie is doing good for herself and community.


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If you’ve made plans for mid March, you might want to reschedule them if you are a die hard Kendall Jenner or Irene Kim fan. Reason being, they’ve both teamed up with the beauty powerhouse brand Estee Lauder in an attempt to launch a new collection called The Estee Edit collection. (We’ve reviewed another Estee Lauder product on this page.)
Kendall Jenner and Irene Kim Prepare For Estee Edit Brand Launch
There seems to be a lot of noise around this launch and it’s sparking the interest of many millennials today. They’ve been posting on Instagram, Twitter and all the other popular social networks sharing their anxiousness for the launch!
Does Estee Lauder think it’s going to be a big hit? What do you think! According to an article, there is anticipaction of sales reaching a whopping $60 million retail located throughout North America for the brand.
Estee Lauder is putting forth some serious effort in an attempt to become the biggest supplier for Millennials across the United States. They’ve strategically built alliances with two of the most prominent women in beauty and fashion today in an attempt to attract every Millennial possible. With Kendall Jenner being the newest face of the brand and the fact that she’s a social media mogul, it’s no surprise as to why she’s been chosen.
Let’s also not forget the likes of beauty blogger Irene Kim. She can be found almost anywhere across multiple sites talking about beauty, fashion and much more. She’s a model, blogger and influencer that’s edgy and attractive. A deadly combination for brand building and launching.
Now, if you’re interested in getting your hands on the products then I’d suggest you not make any plans on March 15th. The products are set to launch on that day and they will only be available at a physical Sephora store. The actual 82 products to be included have not been revealed but there’s a good chance that you may find something that you like. After all, when launching 82 products, one would think that there would be something for everyone.
If you’re hungry for the launch or just want to see what Kendall Jenner and Irene Kim are up to with regards to the brand. I’d suggest checking out the official Estee Edit Instagram. They’ve even started a hashtag campaign and are pushing #beautyattitudes until the brand launches.
My inbox is probably going to begin to flood with questions about this launch from individuals asking if this is the best beauty and skin care line to hit the market in 2016. I’ll save some of you the trouble that read the entire article by stating that there are thousands of products out there to use. Whether or not this brand is the best for you, only you can decide that. What I can say is that I know of some fantastic brands with less hype that do the job just fine and perhaps even better when it comes to caring for your skin.
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Panasonic going great big at CES?
12/31/2007 2:56:00 PM
engadget is saying that Panasonic
will be displaying a 150 inch Plasma at CES. Last year, they had a mere 103" model that was stunningly huge. I can't wait to see if this is true, as I have a booth tour scheduled with Panasonic on Tuesday.


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Valu, a leading financial technology company in MENA, has partnered with Noon Payments, the payment gateway of noon.com, to offer flexible payment solutions to its customers.
This partnership integrates Valu’s financial services with noon Payments platform, streamlining transactions for merchants and consumers and promoting business growth across various sectors.
Bassel El Tokhy, Valu’s Group COO, expressed enthusiasm about the partnership’s potential to transform financial transactions in the MENA region. “Our alliance with noon Payments reinforces our commitment to providing innovative payment options that cater to the evolving needs of our customers,” he said.
“Valu is excited to deepen its collaboration with noon through partnering with noon Payments, a trusted partner in our journey to provide seamless financial solutions for customers across the MENA region,” said El Tokhy.
“Our long-standing relationship with noon has been defined by innovation and a shared commitment to enhancing the shopping experience. Together, we’ve enabled noon customers to access a vast array of products on their e-commerce platform, complemented by the flexibility of our customizable payment plans. With this latest partnership with noon Payments, we are reinforcing our dedication to empowering consumers with flexible payment options that enable them to make the purchases they desire while managing their finances reliably. We believe we can bring even more convenience, flexibility, and financial empowerment to customers and partners across the MENA region.”
Moustafa Maher, Noon Payments Egypt’s Country Manager, also highlighted the collaboration’s benefits for the Egyptian market, emphasizing the seamless integration of advanced payment solutions with Valu’s services to support economic growth.
Noon Payments offers a user-friendly API, diverse payment methods, and features like payment links, instalment plans, and a comprehensive dashboard, all designed to enhance transaction efficiency and customer satisfaction. The platform’s collaboration with notable entities like Americana Group and Emaar Properties further extends its reach, offering more payment choices to a broader customer base.
© 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).
Daily News Egypt


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This year Aplana for the second time will become one of the key technology sponsors to the major dairy industry event in Great Britain, UK Dairy Day.
The event is to take place on September 13th at the International Centre in Telford, Shropshire. The show is organized by Holstein UK, Europe’s largest independent dairy breed society, offering a range of services to the dairy industry. UK Dairy Day 2016 attracted more than 7,740 visitors, and this year the numbers of participants and visitors are expected to grow. The event features over 300 UK, European and International businesses located throughout the internal exhibition halls, concourse and external area.
Aplana has several years of successful experience in developing and implementing software solutions for agricultural sector. Since 2015 we have been working in partnership with Holstein UK driving digital innovation, developing a range of web and mobile applications and products for internal use and for the wider community of Holstein members.


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Lava has launched two budget Android devices in India, dubbed the Iris 356 and Iris 402. Both devices cost under $100.
Indian handset manufacturer Lava Mobiles announced the launch of two new Android handsets, the Iris 356 and Iris 402. These devices are targeted at the burgeoning budget Android segment, and feature similar hardware with a few differences. Both devices come with a 1.2GHz dual-core processor; 256MB RAM and run on Android 4.2 Jelly Bean. The Iris 356 comes with a 3.5-inch HVGA (480X320) display, 1.3 MP camera at the back, VGA front camera along with a 1500 mAh battery. The Iris 402 features a 4-inch WVGA (800X480) screen, 3 MP camera and a VGA front camera with a 1500 mAh battery.
The Lava Iris 356 is set to cost $74 (INR 4,499) while the Iris 402 will be available for $89 (INR 5,499). The Indian smartphone market is currently dominated by the likes of Samsung, Micromax and Karbonn Mobiles. The budget Android segment has seen a bevy of great mobiles being launched over the last year, and this has led to an intense rivalry amongst brands, local and international. Brands like Micromax and Lava have seen a tenfold increase in their sales year-on-year thanks to strong sales in this segment.
Lava is looking to strengthen its position in the country this year. The brand will invest around $170,000 (INR 100 crore) in marketing and advertising this year in a bid to boost its annual revenue to $3,255,740 (INR 2,000 crore).