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PETALING JAYA: The Kia Stinger is slated to be axed by April 2022, according to a South Korean auto blog site.
Citing unnamed industry sources, Korean Car Blog wrote that the Sohari plant in Gwangmyeong would be retooled for mass production of electrified vehicles that would include a hybrid Carnival MPV.
The Stinger is made at the plant and the sources said there are no plans to continue making it past April next year.
Poor sales are always the death knell for car models and it's a fact that the Stinger, introduced in 2017, hasn't been making money for Kia.
The Stinger underwent a facelift recently, and there's every likelihood that that will not be enough to keep the sports car in the Kia portfolio past 2022.
Meanwhile, the Stinger remains on sale until Kia says otherwise.


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May 6, 2005--Venture capital investment remained largely unchanged in the first quarter of 2005, according to a survey released last week.
The PricewaterhouseCoopers/Thomas Venture Economics/National Venture Capital Association MoneyTree Survey found that venture capitalists invested $4.6 billion in U.S. companies last quarter. While this represents a downturn from Q4 2004 investment -- $5.9 billion -- the survey's authors do not believe that it indicates any long-term trend.
Mark Heesen, president of the National Venture Capital Association (NVCA), said that the first quarter data falls within the "RIPE zone" -- rational, investable, performance-driven, equilibrium -- of $4-6 billion, where it has been for the last four years.
But funding to start-ups and companies in the early stages of development remains stagnant, as firms continue to invest heavily in more developed companies.
While Heesen said that he expects this trend to change, George Lipper of the National Association of Seed and Venture Funds (NASVF) disagrees.
Lipper compared Q1 MoneyTree reports since 1998 and found that seed investments have fallen dramatically. While they accounted for 10.5% of all investment in the first quarter of 1998, they account for only 1.6% in the latest survey.
In contrast, larger companies claimed a 40% share of venture funding, a 10-year high.
Venture capitalists have become more conservative and more efficient in doling out money since the 2001 downturn, according to Lipper.
"Before, there was so much venture capital that people were putting business plans on napkins," Lipper said. "The venture capital community learned from that failure."
As a result, entrepreneurs have been forced to look increasingly toward angel investors for seed capital.
"Angel groups are growing like weeds," said Lipper, who expects the trend to continue in the near future.
There was at least one bright spot in the survey: First-time financings continued to trend upward, increasing to $1.2 billion -- 26% of all venture funding, representing a five-year high.

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A newis a super poorly kept secret because, well, the Z06 badge kind of goes hand in hand with a Corvette. First comes the regular model, then eventually, a Z06.
When we do eventually see a Muscle Cars & Trucks, we likely have some more information on the car.Z06, it'll be a wildly different beast compared with the on sale today. And thanks to a report from
The website reported Monday on three separate areas surrounding the next Z06: tires, active aerodynamics and the exhaust. Before we get into the new alleged information, let's walk through one big thing that's all but confirmed. That'd be the next Z06's engine.
Chevy previously confirmed its new race car, the , runs a naturally aspirated 5.5-liter DOHC V8 engine with a flat-plane crankshaft. It's a wildly exotic move for the Corvette and it's basically guaranteed this engine will find its way to the middle of the Corvette Z06 with some changes for the street car.
Noting that, the MC&T report detailed a possible change to the mid-engine car's exhaust that could help produce a mighty exotic tone compared with the standard car's 6.2-liter pushrod V8. The thinking behind the change, according to the website's sources, is the move will help better differentiate the Z06 and the Stingray. The proposed exhaust would come with different finishing tips, too, but the design hasn't gotten the green light yet, according to the report.
Moving into the Z06's tires, we'll likely see the car's wheels wrapped in Michelin Pilot Sport Cup 2 R tires. If the tire sounds familiar, it's the rubber Porsche runs on the and . They should provide all the grip needed to work the next Corvette Z06 through corners and put down a rumored 650 horsepower. By the way, we could see optional carbon-fiber wheels, too.
The final piece of information is about the car's aerodynamics, and it's likely we'll see an optional active aero package, according to the report. Probably part of the Z06's typically optional Z07 Package. We absolutely know GM is interested in such technology because the automaker filed a patent for an active aero system in the past -- and even used a C7 Corvette as the example vehicle.
Such a system would allow the Corvette Z06 to react as the car corners, accelerates and brakes. These systems are delightfully complex, but can have numerous benefits when it comes to letting air flow and pass differently as the conditions need.
Did Chevy have anything to say about all of this? That'd be a no. A representative told Roadshow, "We are not engaging in speculation on potential future product variants." The Z06 was rumored for a 2022 debut, but we also knowdue to the coronavirus pandemic. While the Z06 isn't off the table, it could be subject to a delay.


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The German-owned retailer, which currently has 840 branches across the UK, said it was still on track to open 100 additional sites in the next two years as it aims to have 1,200 by 2025.
Sales continued to surge as cash-strapped shoppers increasingly switch to discounters such as Aldi and German rival Lidl, with annual sales across its UK stores surging 11 per cent to £11.3 billion.
However, Aldi, which opened its first UK store in 1990, saw its operating profits fall 26 per cent to £197.9 million in the 2018 full year on the back of significant investment. At the pre-tax level, profits were down 18 per cent at £182.2m.
The group said it is looking to more than double its store numbers in London as it moves forward with plans to open more smaller Aldi Local outlets. It said that it plans to increase its number of stores inside the M25 orbital motorway from 45 to 100 by 2025 as it opens new standard-sized and high street-focused Local stores.
The supermarket chain pointed to a significant growth opportunity in the UK capital, where it rolled out its first Local format, in Balham. It said the trial, which involved stores which were half the size of typical supermarkets and stocked only 1,500 product lines, had “exceeded expectations”.
The UK-wide expansion is expected to create some 5,000 jobs over the next two years, Aldi said.
Giles Hurley, chief executive of Aldi UK and Ireland, said: “Every day, thousands of British shoppers are swapping and saving with Aldi thanks to our carefully-selected range of great quality products and our commitment to the lowest prices in grocery.
“Whilst our expansion will continue to reach every part of the UK, we’re increasing our focus on London, where our market share is just 3.4 per cent, compared to 8.1 per cent nationally.
“London shoppers regularly tell us they would switch to Aldi if there was one nearby, so there is clearly a significant growth opportunity for us in the capital.”
He added: “For almost three decades we’ve proven that investment equals growth – investment in our infrastructure, our people and our prices. The commitment we have made to our customers to continue investing in the UK over the coming years remains as strong as ever.”
The group said it was investing £1bn over the next two years into its stores and distribution centres. It is continuing to roll out its “Project Fresh” initiative – a £300m investment to create more in-store space for fresh, chilled and food-to-go ranges as well as “simpler layouts, improved fixtures and brighter, wider aisles”.
More than half of existing stores have been converted to the new format with the remaining outlets being switched over by the end of 2022.Aldi said some 280 new products had been introduced this year, “underlining its commitment to innovation and catering for changing consumer preferences”. Those include I Am Vegan Sausage Rolls.
Julie Palmer, partner at Begbies Traynor, said: "The results from Aldi show all the hallmarks of a dynamic business determined to grow market share at the expense of short term profitability.
"While on the surface a drop in profits might be disappointing news for those who thought that increased profits at Aldi were becoming predictable the increase in sales and the promise of further investment across its 840 UK branches mean that these appear to be ‘growing pains’ that show Aldi is determined not to rest on its laurels.
"In the fast moving food retail sector, competitors are desperately seeking methods to win their customers back from Aldi, but this German retail giant has a track record of innovation and being fleet of foot.
"The sum of £1bn is no small amount and keeping the target of 1,200 shops by the end of 2025 shows incredible ambition. But as with any expansion plan the question of whether it can draw enough footfall to fill those extra 360 stores is another question entirely."


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This article accompanies School Daze.
When college senior Katherine Harned walked into a Target store last year, she wasn't shopping for household items, a pair of sunglasses or a new video game.
Instead she focused on recognition for hourly workers, store cleanliness and employee interaction.
That's because she was enrolled in an undergraduate class at Temple University in Philadelphia called HR on the Ground, where her time was split between classroom discussion and working as an HR consultant for Target. While not an official internship, the class does offer a similar opportunity.
In the beginning of the semester, the 15 or so students enrolled in the three-credit course meet on campus with Professor of Human Resources Management Katherine Nelson three times per week, but soon after, they independently go to Target to monitor the workforce and try to solve specific problems laid out by the company.
At the end of the semester, they present their findings to Target executives.
During her semester, Harned and some of her classmates were tasked with tracking the morale of hourly team members and see how they felt about company initiatives. They found that workers were hungry for a little more recognition.
"Just to say 'thank you' meant so much to them," says Harned. At the end of the term, she and her group suggested some inexpensive ways that Target could recognize employees -- like giving a $5 gift card for the person whose store aisles are cleanest at the end of a busy day or offering congratulations to a worker in front of the entire team during a daily meeting.
The class has already paid dividends for Harned, who has a job offer with Target after graduation, she says, working in management executive program, a precursor to working in its HR department.
The class is offered as an elective for undergraduate business students and many HR students jump at the opportunity, says Nelson. She also believes that the course has been a place for non-HR students to get a taste of HR -- and possibly pick it as their career.
"It's so much more interesting than interviewing someone at a job fair," says Nelson.


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Singapore – Incomlend, a global multi-currency invoice exchange platform connecting businesses and private funders, has been VC backed by Singapore-based GTR Ventures. GTR has taken an equity position in the platform and will work with Incomlend to secure its rapid business expansion and development worldwide.
Launched in 2017, GTR Ventures is the world’s first platform to pioneer investments in fintech companies dedicated to trade and supply chain finance. GTR Ventures is an investment arm of Global Trade Review (GTR), the world’s leader in global trade and trade finance intelligence, news and events.
“The strategic partnership between the two companies is an exceptional opportunity for Incomlend to benefit from the global network coverage and expertise of GTR Ventures and its team. The deal will allow us to accelerate our expansion to new markets as well as contribute to better efficiency of global trade finance in alliance with GTRV and its partner digital platforms.” – commented Dimitri Kouchnirenko, co-founder and Director of Incomlend.


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BVE 2015: Arri has turned its attention to users of drones and octocopters with the unveiling of the Alexa Mini at BVE this week.
One of the first pre-production models was on show at the Excel in London ahead of an expected May launch of the ‘go-anywhere’ addition to the firm’s Alexa range. The camera will cost approximately £25,000.
Alexa Mini product manager Michael Jonas said the camera had been in development for about a year.
“Octocopter and UAV pilots have told us they want to be able to fly an Alexa,” he said.
Jonas said the camera would also appeal to productions that could use the Mini as a companion to a full Alexa, in particular those working in cramped environments and with lightweight jibs.
“That will be a classic rental market for the camera,” he added.
The Mini is built around a 4:3 Alev III sensor capable of capturing frame rates of 0.75-200fps and recording Arri RAW 2.8K or ProRes 3.2K either in-camera to CFast 2.0 cards or to a new external Codex recorder.
It has a lightweight carbon housing and a titanium PL mount. The interchangeable lens mount can be replaced with any of those designed for the Arri Amira, allowing the use of B4 and EF mount lenses.
It can also be operated by wireless remote control, as a normalcamera with the Arri MVF-1 multi viewfinder, or with an on-board monitor and controlled via the user button interface on the camera body.
Jonas said Arri would continue to sell the modular Alexa M, which is capable of capturing 120fps Raw on Codex capture devices. “The Mini is not quite there yet,” he added.


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The search for the best UK and Irish artists, photographers and filmmakers of 2017 has extended its deadline until 23 July.
National Open Art is one of the UK's leading art competitions, open to amateur and professional artists, photographers and filmmakers living in the UK and Ireland. NOA offers both shortlisted and winning artists opportunities through its exhibitions and online art sales platform, as well as a variety of prizes and awards worth over £60,000. The 21st National Open Art Competition has now extended its open call for entries - enter online before midnight on 23 July, 2017 to be considered.
The 21st National Open Art Exhibition will held at Oxo's Bargehouse on London's Southbank between 17 and 26 November 2017.
More information at www.nationalopenart.org


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Good afternoon everyone;
If you’ve been following the Apple news today, you’ve learned that the iPhone 6 and iPhone 6 PLUS have been announced along with the iWatch. We’ve been talking non stop around the office today about the pros and cons of the new iPhones- a lot of people don’t want a bigger screen which is now going to be mandatory if you want a new iPhone 6!
Well a piece of news just came across the press airwaves today and we’re going to say “goodbye” to the iPod Classic. This is a moment in history which officially does away with mass storage via hard drive in the iPod.
iPhones have always been flash-based storage, as well as iPod Touch devices. But Apple has been holding on to the behemoth storage capabilities of the iPod Classic. If you wanted to carry around a lot of music with you, this is the device to do it with!
The very first iPod that was released back in October of 2001 which launched a series of MP3 players that all had “spinning” hard drive technology…and it was fantastic. As the years progressed, the drives got thinner…the iPods got smaller…and the technology made the drives faster and hold more data-
Until flash storage came along and has now outdated the “old” hard-drive style of iPod.
It’s time to say goodbye to an old friend; the iPod Classic as it is finally being discontinued by Apple, Inc. For better or worse, it’s time to move on. Rest in peace old friend, times are changing.
Mission Repair will still support iPod Classic repairs and services for years to come, so never fear – there’s a repair shop that understand the value of these “classic” beauties.
Take care, Ryan
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Walmart to hire over 2,000 seasonal employees in N.C.
Walmart announced today that it will hire more than 2,000 seasonal employees in North Carolina for the holiday season.
Walmart, which has 215 stores in the state, traditionally brings on extra staff during the holiday season after offering current members of its workforce the opportunity to sign up for additional hours, a news release said.
The seasonal workers will be paid starting salaries of at least $9 an hour, the company said in the release. That provides the opportunity "to earn at least $1.75 an hour above the current federal and state minimum wage," the release said.
Those employees initially hired as seasonal sales associates, cashiers and stockers often continue as full-time employees and progress within the company, the release said. Last year, the company said, over half of Walmart's seasonal employees nationwide continued with the retail giant as permanent employees.
Walmart said it has made a commitment to provide shoppers with a customer service-oriented holiday shopping experience for in-store and online shoppers. Seasonal department managers are going to be hired to help customers pick up their online orders in stores across the country.
Those interested in seasonal work opportunities with Walmart can apply online at jobs.walmart.com.
- Michael Futch


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Vietnamese businesses on Wednesday announced the first batches of passion fruit and coffee exported to Europe following the Europe-Viet Nam Free Trade Agreement (EVFTA).
International trade remedies are used by many countries to protect their domestic industries, especially now production has stalled due to the impacts of COVID-19. With tax incentives from the new-generation free trade agreements (FTAs), including the newly-approved Europe-Viet Nam FTA (EVFTA), the risk of Viet Nam's exports being put under investigation for evasion of trade remedies is forecast to increase.
The Vietnamese exporters have taken advantage from the EU-Vietnam free trade agreement to increase exports to the EU.
Goods like rice, coffee, and footwear are seeing the immediate benefits of the EU-Vietnam Free Trade Agreement.
The export of the first batch of frozen shrimp to several European countries under the EU-Vietnam Free Trade Agreement (EVFTA) was marked with a ceremony in the south central province of Ninh Thuan on September 11.
In the context of still depressed global trade, the long-awaited EU-Vietnam Free Trade Agreement (EVFTA) has come into force in August 2020. A bit of light in these dark times, this FTA offers significant benefits to Vietnam in the years to come.
Nine Vietnamese fragrant rice varieties will enjoy tariff export quotas to Europe under the Europe-Vietnam Free Trade Agreement (EVFTA) agreement.
As a top seafood import market for the EU, Vietnamese seafood is ideally placed to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA), according to a report by Fitch Solutions.
More than 7,200 EUR.1 certificates of origin (C/O) were issued in August for goods exports to the EU worth US$227 million since the EU-Vietnam Free Trade Agreement (EVFTA) took effect last month, according to the Ministry of Industry and Trade (MoIT).
The EU-Vietnam Free Trade Agreement has created a new driving force for Vietnam’s logistics, but the industry needs to take further action to unlock its full potential.


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Tealium survey identifies opportunities for pharma companies to better engage with healthcare practitioners, leading to better patient outcomes
SAN DIEGO | March 14, 2023 – Over the last decade, the pharma industry has ramped up marketing initiatives more than 70%, spending nearly $7 billion on efforts to better connect with patients. Tealium, the largest independent and most trusted customer data platform (CDP), surveyed over 400 healthcare practitioners (HCPs), analyzing marketing strategy and opportunities within the pharma sector for its latest report: The Future of Pharma is Data-Centric.
The survey revealed that tapping into consented customer data can help pharma brands better connect with HCPs in a hybrid world, as telehealth continues to boom and consumer behaviors continue to shift. To achieve this, organizations must better understand the needs and preferences of HCPs and better engage them across channels.
First, pharma brands must enhance their accessibility to key information
Only 27% of clinicians said they receive key information easily, and 61% said they have to seek out information about pharma products on their own. By intelligently marketing directly to HCPs through the channels they utilize most, pharma companies can strengthen relationships and increase brand awareness.
But, to deliver more accurate, real-time information in their marketing efforts, pharma companies must fully understand HCPs through connected data; which ultimately paints the full picture of their preferences and needs.
Empowering the “sales rep as orchestrator” model connects the dots in a hybrid world
About 61% of HCPs chose to prescribe a new pharma brand when evidence of better, proven results were provided. With the overabundance of pharma-related information available to HCPs, cutting to the chase with campaigns that emphasize clinical effectiveness, are well-designed, and backed by evidence – including patient sentiment, research, and reputable media – will create stickier relationships with HCPs.
Additionally, the survey found that sustaining the relationship between sales representatives and HCPs is critical. About 85% of HCPs stated they value their relationships with sales representatives. Further, empowering the “rep as orchestrator” model – which is a marketing dynamic that can bridge the gap between digital experiences and in-person visits, in addition to boosting access to data – can enhance experiences with HCPs in real time and throughout every step of their journey.
HCPs are embracing more knowledgeable patients who want more control over their care choices
Today’s patients are savvy, with many clinicians describing them as, “the activated patient.” Although patients are becoming more knowledgeable about medications and their health, survey respondents were split on direct-to-patient marketing tactics due to risks related to care including misdiagnosis and loss of HCP trust. The report also discovered a correlation between age and transparency; with younger HCPs having no issues with patients having open conversations and questions about pharmaceuticals directly. Where the opportunity lies is with patient education and adopting multi-tiered, cross-channel campaigns to increase overall brand awareness, while still leaning on HCPs to do what they do best: deliver care.
The use of virtual care grew by 6,000% since the onset of the pandemic, so it’s critical for pharma brands to adopt digital strategies now to better reach HCPs. Virtual and hybrid care is just the beginning. To keep up with today’s ever-evolving world, pharma brands must remain agile in their marketing initiatives – like adopting the ‘rep as orchestrator’ model and taking steps to better understand the future of more knowledgeable and activated patients. For full insights and findings, read The Future of Pharma is Data-Centric report.
In 2022, Tealium released the industry’s first HIPAA-compliant CDP solution for the pharma sector. Tealium for Pharma was designed to create an improved, more connected experience for pharma audiences while accounting for the sector’s ever-evolving privacy regulations. Learn more about CDPs and how they can help organizations achieve digital transformation in highly-regulated industries.
To keep up with the latest company news, visit Tealium’s Newsroom.
Tealium connects customer data across web, mobile, offline, and IoT so businesses can better connect with their customers. Tealium’s turnkey integration ecosystem supports more than 1,300 built-in connections, empowering brands to create a complete, real-time customer data infrastructure. Tealium’s solutions include a customer data platform with machine learning, tag management, an API hub and data management solutions that make customer data more valuable, actionable, privacy-compliant and secure. More than 850 leading businesses throughout the world trust Tealium to power their customer data strategies. For more information, visit www.tealium.com.


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This is a subject that has been the subject of intense debate between late-night comedians and Donald Trump's many online critics: why, under certain circumstances, does the President of the United States sometimes appear … orange?
Now, Trump himself has found an answer – and nobody expected it. The problem, apparently, is that of energy-efficient light bulbs.
Speaking to an audience of Republican lawmakers in Baltimore on Thursday night, Trump delivered a disjointed speech in which he criticized his recent plans to weaken green light bulb regulations.
"The electric bulb" the president started. "People said: what about the light bulb? I said: here is the story. And I watched it. The bulb we are forced to use! No. 1, for me, the most important, the light is useless. I always look orange. And you too! The light is the worst.
But it was not the end. Trump complained that the energy-efficient bulb costs far more than his incandescent predecessor and that, according to him, it should be treated as a "dangerous waste" if it breaks.
Energy-efficient bulbs such as halogen incandescent bulbs, compact fluorescent lamps (CFLs) and light-emitting diodes (LEDs) consume on average 25 to 80% less energy than traditional incandescent bulbs and can last up to 25 times longer.
But that was not enough for Trump. He continued, "What are we doing? It is a dangerous waste, but it is much more expensive and, frankly, the light is not so good. We will sell them, but we will also sell incandescent bulbs. People are very happy. It's amazing. "


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Study reveals differences between online lives of Chinese and US teens
A new study by Stanford University delves into differences between the digital lives of high-schoolers from America and China and suggests the emergence among teen netizens of a new "digital tribe".
The survey of 71 teens selected from high schools in the US's hi-tech capital Silicon Valley (44) and China's capital Beijing (27) found that all spent a large portion of their lives online.
The American teens were found to be the heaviest users spending significantly more time on almost all online activities compared to their Chinese counterparts.
There were similarities between the two groups as to how they used the Internet. Both cited homework as the top online activity on weekdays, followed by social networking and downloading or listening to music.
The Beijing students' behavior differs slightly to the Silicon Valley teens' come the weekend. While the main activity of the US students switches to social networking, for Chinese teens homework remains the leading activity.
It's this academic pressure that drives what is perhaps the biggest difference in online behavior between the two groups. In Beijing, the vast majority (90%) of teens said they have befriended people they only know online compared with just 29% in Silicon Valley.
"China's post-'90s single-child generation faces limited play time and heavy academic pressures. The Internet enables teens to live out a whole other life online," said Duncan Clark, chairman of consulting firm BDA China.
Ultimately, it's not just teens in tech hotspots that will fuel the emergence of what the study dubs "a "digital tribe" of teens transcending cultures and geographic borders". Technology is getting into the hands, and ultimately the lives, of younger and younger users.
Earlier this year a survey from Parenting Group, the publisher of Parenting, Babytalk, Parenting.com and the BlogHer network found that children as young as 2 years old were getting their hands on their parents' technology.
Almost 3 in 10 Gen X moms had allowed their 2 years olds to use their laptop, rising to 34% among Gen Y moms. Similarly, 33% of Gen Y moms had allowed their children to use their smartphone by age 2 compared with just 20% of Gen X moms.
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Ram Is in the Driver's Seat for 2018
Ford and GM will remain the long-term heavyweights in the full-size pickup segment, but Ram should see the most growth this year.
David Whiston: Full-size pickups make up about 16% of U.S. new light-vehicle sales, and last year the industry sold nearly 2.4 million of them. GM, Ford, and Ram have a stunning 93% share of the segment. These trucks are immensely profitable and likely contribute variable unit profit of over $20,000 in some cases by my estimate.
The new generation Ram, due out early this year, unveiled in Detroit last month, was the star of the show. The company took it up several notches and impressed everyone with a more plush interior, 12-inch touch screen, and reclining seats. It's also 225 pounds lighter despite being 9 inches longer, including 4 more inches in the cab.
Ram is doing something different by producing the outgoing generation Ram all year long to avoid overdiscounting the new generation truck to protect its residual value and probably also to steal share. This puts pressure on GM and Ford. GM has its new generation Silverado and Sierra out late this year while Ford, the segment leader with nearly 900,000 trucks sold last year, refreshed its F-150 last year with an updated front end and a new 10-speed transmission co-developed with GM.
The challenge is how do you protect profits and not lose too much share without overdiscounting. Ram has the newest product and may have the most growth this year. GM will have a shutdown later this year to retool for the new truck and plans to mitigate some of the 130,000 lost pickup truck production units with 60,000 units in its so-called Oshawa shuttle. What that means is bodies for the outgoing generation truck from Fort Wayne, Indiana, will go up to Oshawa, Ontario, for painting and assembly. This helps, but GM's real rebound in pickups is a 2019 story, as this year it loses net 70,000 units due to the changeover and can't bring in the real cash to recoup the trucks' development and launch costs until next year. Ford will have to walk a delicate line between discounting and not cutting too much into its most profitable vehicle. It's a fun battle to watch for those that follow the industry. Ram is in the driver's seat for 2018 with some of the best truck product it's ever had; but I think Ford and GM will remain the segment heavyweights over the long run.
David Whiston does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.


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Global food prices will remain volatile next year as geopolitical risks and intense price pressures continue to affect farmers, Rabobank has warned.
The US-China trade war, African swine fever (ASF) and increased productivity due to favourable weather will result in ongoing uncertainty, according to the bank’s Outlook 2020 report, published today (20 November).
Coffee traded below the cost of production for much of 2019 as “overwhelming” Brazilian production and a weak Real created a global surplus that pushed prices to a 13-year low.
The weak Brazilian Real will keep coffee prices low next year, Rabobank predicts. However, with millions of farmers pushed into poverty by low returns, production outside of Brazil will decline - reducing consumer choice at a time of increased demand from upmarket cafés and ready-to-drink coffee brands.
“We might see trading prices closer to production costs towards the end of next year although in the meantime it could still be tight,” said Carlos Mera, senior commodities analyst at Rabobank.
Bad weather will produce a weak soybean harvest in the US and support prices, although this comes following a record high end-of-season surplus in August, Rabobank notes.
China, which is expected to grow its soybean intake to pre-ASF levels by 2021, is resuming soybean imports from the US as a seeming gesture of goodwill. However, US supply will remain at the mercy of the US-China trade dispute, with Beijing still liable to cut imports should relations deteriorate.
Sugar prices are expected to rise after adverse weather in India and Thailand reduced output and tightened global supplies.
Rabobank believes the risk of a US recession remains “significant” in the second half of 2020, leaving luxury items such as coffee and cocoa particularly vulnerable to a downturn in the world’s largest economy.
A global economic slowdown would have an even bigger impact, with weaker currencies in key commodity-producing countries likely to put downward pressure on global food prices.
“In any given year there are many different factors at play affecting global commodity markets,” said Stefan Vogel, global strategist and head of agri-commodity markets at Rabobank. “But in an increasingly uncertain world, farmers and consumers alike are becoming accustomed to supply and price volatility.”


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A Nantwich pub has reopened its doors to the public following a refurbishment costing more than £200,000.
The Wickstead Arms in Mill Street was closed for a number of weeks while the makeover took place but has returned with a new menu, a revamped decor and BT Sport added to its TVs.
The project was funded by licensees Harvey Nurse and Mark Charman and owners Punch Taverns.
Harvey, who has been at the pub since late August, said: “Between us we have over 50 years of experience in the pub trade and we are both really excited about our latest venture.
“We have had a very busy and exciting trading period since opening. The feedback about the pub, style of operation, food and most importantly the beer, has been very encouraging.
“It is early days for us yet but the signs are that the Wickstead is the pub that we all thought Nantwich was missing.”
Internally there has been the addition of new furniture, a new décor and revamped toilets among other changes. Externally, there is a new signage scheme and new lights.
“We’ve also introduced BT Sport to our TV’s and even created a whole new menu. This menu will focus on locally sourced ingredients and suppliers which we think will appeal to the local customers,” Harvey added.
“The Wickstead will remain a wet-led pub, but with the new menu we expect there to be around a 30% food mix.”
Paul AlldisPunch Taverns’ partnership development manager, said: “We are delighted to invest in sites such as the Wickstead Arms and see how the pub can become the hub of the community.
“Harvey and Mark have some great plans to deliver a fantastic customer experience and they have our full support. I look forward to working in partnership with them going forward.”


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After imposing intrusive price controls on genetically modified (GM) cotton seeds late last year, the government has now nullified, in a single stroke, all the existing licence agreements between trait providers and seed producers and laid down new mandatory norms for licensing, completely depriving technology companies like US-based Monsanto of the freedom to choose the licensees or negotiate commercial terms.
An agriculture ministry notification issued on Wednesday also pre-empted the biotech majors’ potentially lucrative new GM traits business by capping the trait value (equivalent to royalty) even in such cases at an abysmal 10% of the maximum selling price (MSP) of the seeds fixed by the government for the first five years, only to taper further by an annual 10%. By the new order, the government has also arrogated to itself the discretion to decide when a GM trait loses its potency and said once the efficacy goes, the trait value can’t be charged.
Besides, by citing the provision in India’s Patents Act that plant and animal varieties per se can’t be patented, the ministry said that this applied to transgenic varieties carrying GM traits too, adding that such varieties can be protected only under the less rewarding Protection of Plant Varieties and Farmers’ Rights Act, 2001.
The government’s move, which it says is aimed at ensuring availability of cotton seeds to farmers at “reasonable and affordable” prices, has been welcomed by local seed companies but analysts said it would undermine the country’s ability to sustain recent years’ surge in cotton productivity. The new notifications would force biotech companies — which spend billions of dollars on research and development — to exit India, they warned. “We strongly oppose the recent gazette notification as it a huge blow to the innovators in agri-biotech industry. It clearly indicates the intention of the government to disregard research and innovation and, thereby, not protecting intellectual property in the sector,” Shivendra Bajaj, executive director, Association of Biotechnology-Led Enterprises — Agriculture Focus Group (ABLE-AG), a body of top biotech firms said.
Bajaj also said that such a decision will further create an environment of uncertainty and disincentive to technology developers for bringing new technologies into India which will ultimately harm the farmers as new technologies come slow to them. “Such a decision is a discouragement of research and is contrary to our prime minister’s vision of bringing research into the hands of farmers”, he noted.
However, welcoming the new notification, Kalyan Goswami, executive director, National Seed Association of India, said it “would strengthen the hands of Indian farmers”.
As for firms like Monsanto, the government’s recent moves have had a devastating effect on their India business. The retail price of widely-used Bollgard II (BG II) variety cotton seeds was Rs 930 per 450-gm packet with the trait value component of Rs 163. The December 7 price control order reduced the seed price to Rs 800 and the trait value to Rs 42 (exclusive of taxes). While the new price is said to be non-remunerative to trait providers, the latest notification is more detrimental to their interests as it disallows market-determined pricing of even new GM traits.
Under the new norms, technology providers as licensors have no right to deny licence to a seed provider if the latter meets the following basic criteria: Possession of a valid government licence as a seed company and access to a laboratory to carry out tests required for breeding and testing GM traits. Also, the licence needs to be granted within 30 days of receipt of request. If a licence is denied an “eligible” firm, it can take recourse to the seeds controller who has powers to issue directions to the trait-providers to “ensure non-discriminative licensing”.
The agriculture ministry’s new order comes at a time when the Delhi High courtis hearing an appeal by Mahyco Monsanto Biotech (MMBL), a joint venture between Monsanto and Maharashtra-based Mahyco, against the December 7 price control order. Earlier this month, the Karnataka High Court had vacated its earlier order staying the agriculture ministry’s decision. Separately, the Competition Commission of India is investigating a complaint filed by local seed companies accusing Monsanto of “abuse of dominant position”.
As many as 49 seed companies in the country use MMBL’s Bollgard-II double-gene technology, which provides in-built protection for cotton against the destructive American bollworm. About 90% of the country’s cotton area of 11.8 million hectares (in the 2015-16 season) is under Bt cover. Domestic cotton production has risen manifold since the introduction of Bt seeds — from 13.6 million bales in 2002-03 to a projected 30.5 million bales in 2015-16.


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Global Affairs Canada has released Canada’s State of Trade, an evaluation of the country’s economic performance. The report highlights and assesses key developments in Canada’s international trade and examines domestic and foreign economic trends.
According to the report, the global economy has seen weaker growth than in previous years; however, Canada’s exports and imports both saw a slight rise.
The total value of trade in goods and services in Canada reached a record high of $1.5 trillion in 2018.
The report was created by the Office of the Chief Economist, which provides analysis and research in relation to Canada’s international trade in order to support Global Affairs Canada’s priority policies and activities.
Global Economic Decline – Except for the US
While 2016 and 2017 saw an increase in global economic growth, according to the report, this momentum slowed in the second half of 2018 as a result of rising trade tensions, lower business confidence (based on opinion surveys), and policy uncertainty across multiple international economies, including those of some of Canada’s top trading partners.
For example, uncertainty regarding Brexit negotiations decreased growth in the United Kingdom from 1.8% to 1.4%. Growth in emerging markets also slowed. China saw a decrease from 6.8% to 6.6% due to regulatory tightening, and Mexico saw a slight decrease from 2.1% to 2%.
The exception to global economic decline in 2018 was the United States, which saw increased growth from 2.2% to 2.9%.
According to Global Affairs Canada, growth in the US was a result of a tight labour market (high employment leading to an escalation in wages), an increase in goods and services purchased by consumers, and lowered taxes.
However, the International Monetary Fund (IMF) predicts a decline in growth in the US by EOY 2019 and into 2020, due to trade and political uncertainties, inevitable global economic cycles of ebb and flow, and the waning positive impacts of tax reform.
Canada’s Imports and Exports: Moderate Success but Room to Grow
Despite the overall global decrease in economic growth, the Office of the Chief Economist found that Canada’s imports and exports continued to increase, and the Canadian economy grew by 1.9% overall in 2018. This is down from 3% in 2017 as a result of high household debt, which decreased household consumption.
The unemployment rate dropped in 2018 to 5.8%, its lowest rate since 1976. Additionally, average hourly wages increased by 2.9%, the highest growth since 2012, as a response to a tighter labour market.
Growth for Key Industries
Cannabis was the top industry for economic growth (20%), due to new government regulations, while Oil & Gas and ICT also saw significant growth (7.1% and 3.5% respectively).
Canada’s State of Trade: Exports on the Rise
Canada’s exports increased by $41 billion in 2018, to total $706 billion. Because export growth was higher than import growth, Canada’s goods trade deficit—the amount by which the country’s imports is higher than its exports—was $2.7 billion lower than in 2017.
According to the State of Trade report, exports rose in all sectors, except motor vehicles and parts. Energy exports had the highest growth, increasing by $14 billion, followed by consumer goods, which grew by $3.6 billion, and forestry, building, and packaging products, which grew by $3.4 billion. Expansion in volumes, rather than in export prices, drove export growth. Exceptional shifts in export volumes in 2018 were for metal ores and minerals, aircraft and other transportation products, and energy products.
Canada’s top trade partner continued to be the US, with exports to the US rising 5.4%, or $22 billion, to $433 billion in 2018.
However, Canada saw some trade diversification away from the US, with overall growth to non-US destinations up 9.8% (or $14 billion).
Among non-US trading partners, exports to China recorded the fastest growth (+16%), followed by South Korea and Japan (see Table 3).
Global trade tensions between the US and its trades partners, as well as tensions surrounding Brexit, contribute to uncertainty in the global economic forecast. Ongoing, heightening tensions can reduce demand, disrupt supply chains, and depress business confidence. However, if trade tensions are resolved, according to the federal government, economic activity could be stronger than expected.
Trade Diversification & Exporting Resources for Canadian Businesses
The Canadian government has recognized the need to further diversify Canadian exports and is targeting export growth of 50% by 2025. The government’s strategy to achieve this target includes giving Canadian businesses more resources to execute export plans and improving trade services for Canadian exporters.
Small and medium-sized enterprises (SMEs) that currently or intend to export may wish to learn about the Government of Canada’s CanExport SMEs Program, which provides funding of up to $75,000 for export marketing projects, including attendance at trade shows and other activities.
Part 2 of this blog on Canada’s State of Trade 2019 will review Canada’s need for trade diversification and business strategies to increase exports. Make sure you’re subscribed to Mentor Works Weekly E-Newsletter, so you don’t miss it!


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LG Electronics launched its G6 flagship, as it looks to reinvigorate its mobile business after a tough 2016.
For last year’s G5, LG came up with an innovative modular design and went on to pick up an award here at Mobile World Congress. But the device failed to find favour with buyers. This time it has dropped the modular design and gone for a safer bet.
The G6 has a 5.7” ‘FullVision’ screen, with a screen-to-body ratio of more than 80 per cent and 18:9 aspect ratio. Ian Hwang, head of LG mobile G6 product planning, said customers wanted a big screen that can be used with one hand, leading to a decision to expand the new device vertically.
Hwang explained that the 18:9 aspect ratio is an emerging platform that many cinematographers prefer, hinting that a certain “company in Cupertino” is also working towards this ratio. He said customers were 30 per cent more satisfied with a 18:9 aspect ratio compared to 16:9, as it offers a more immersive viewing experience. However, 16:9 content can also easily be viewed.
It has two rear facing cameras: a wide angle one and a normal one. The smartphone maker worked with Qualcomm to ensure a smooth transition between the two. The camera app also has a Square Camera feature enabling customers to shoot 1:1 images, popular on social media apps such as Instagram.
The firm said “needless protrusions are limited” on the device, as it comes with a completely flat back and doesn’t have the usual camera bump.
Hwang also talked up the fact that the device is the first in the industry to have both Dolby Vision and HDR 10 support, offering richer colour and vividness in video.
The device has wireless charging, supporting both WPC and PMA standards, but this feature is only available in the US. The G6 has curved display corners to spread the impact of a fall, which reduces risk of damage, and comes in three colours – platinum, black and white.


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Ariana Grande’s new hit song “thank u, next” is number one with more than 55.5 million streams in the U.S.
When it comes to the Billboard Hot 100, it seems superstar Ariana Grande can not be stopped. According to Republic Records, Grande’s new hit song “thank u, next” has claimed the #1 spot with more than 55.5 million streams in the U.S.
Meanwhile, on Apple Music, Grande broke several records. “thank u, next” now holds the global record for “#1 Most-Streamed Pop Song First-Week on Apple Music.” The pop star also represented for the ladies by being the “only female artist to chart in the Top 5 songs first-week of release on Apple Music.”
Over on Spotify, Grande’s new song captured both “the U.S. and Global One-Day streaming records for a female artist,” generating more than 9 million plays worldwide and 4 million in the U.S. on the platform. And don’t forget “thank u, next” also took the number one spot on iTunes, Amazon Music, and Tidal.
Across the pond. Yeah, Grande is doing her thing over there too. The former Nickelodeon star also debuted at #1 on the Official UK Singles chart, becoming the highest selling #1 debut of the year in the UK.


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The United Kingdom company behind the Trunki ride-on suitcase for children has launched a brand new carry-on case for the next generation of adult-sized connected travelers.
Jurni is a sit-on, carry-on suitcase with a quick access tech compartment that can also pop-out as a pod, a seat to rest on and in-line wheels to glide along while in line. It is the biggest innovation for creator Rob Law and his company since the arrival of the original Trunki in 2006.
The product goes on sale in May, at a price of around 80 pounds ($150).
Jurni is on track to start manufacturing in at Magna Moulding in Plymouth, England, in July.
Law told The Telegraph:“We've been looking at travel solutions for the next generation of kids for about eight years.
“We spent four years developing a scooter bag — a suitcase with a fold-down scooter platform that you can scoot around — and made hundreds of prototypes. But we couldn't make it work. You fundamentally get a bad piece of luggage and a bad scooter. So we canned that project and went back to the drawing board.”
He also discussed the project in a video promoting it for the crowdfunding website Indiegogo, where the company raised more than $198,000, surpassing its goal by 535 percent.
Trunki recently lost its battle in London's Supreme Court, which dismissed its appeal over the design of Hong Kong rival Kiddee.
The case is expected to have implications for small creative businesses in the UK that rely on design rights.
The court ruled that the European design registration of Trunki, Magmatic's award-winning ride-on suitcase, was not infringed by PMS's similar product.


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News Rumiko Takahashi Draws One-Shot Manga in Big Comic Superior Magazine
posted on 2014-06-26 23:52 EDT
Rumiko Takahashi (Urusei Yatsura, Maison Ikkoku, Inuyasha, Ranma ½, RIN-NE) is publishing a one-shot manga in this year's 15th issue of Shogakukan's Big Comic Superior magazine on July 11. This year's 14th issue is announcing the manga on Friday.
The "ultra-premium one-shot" manga will have a color opening page. This will be the first manga that Takahashi has ever drawn for this magazine since it launched 27 years ago on July 1, 1987.
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Within the last several years, a few Indian startups are making inroads in to the online space that is dating
New Delhi: Previously this week, a hacker team called “Impact Week” hacked Ashley Madison, the site that is dating cheaters, plus in the procedure, compromised user data, images, charge card information and intimately explicit chats. The goal of the hack, relating to reports, is always to “blackmail the website into shutting down,” primarily due to their “morally questionable business structure.” The site that is canadian of almost 40 million users (37 million users), whose information is now on the line.
A study within the times during the Asia on Wednesday advertised that 275,000 Indians might have experienced because of the hack. The report also states that Ashley Madison had a launch that is“quiet Asia in January 2014″ and “within months 275,000 Indian users registered without the advertising push.”
While internet dating isn’t as popular in India as state in the usa or Canada, as well as Asia, within the last several years, a few Indian startups are making inroads in to the area. Interestingly https://datingmentor.org/bookofmatches-review/, social media web web web sites like Twitter and Twitter and matrimonial web web sites like Shaadi.com are nevertheless chosen by those interested in internet dating. Besides apps like Tinder and web internet sites like OkCupid, that have emerged as popular choices among Indian users, there are lots of apps that are indigenous TrulyMadly, Thrill, Waltzz, Krush, Footloose no longer, SirfCoffee and Woo, that are gathering popularity among users.
Based on information from a dating internet site, there have been six million Indians whom finalized through to different internet dating sites in 2012. That quantity, ended up being likely to increase to 115 million by 2015.
With online dating sites (and apps) coming beneath the hackers’ radar, listed here are five such platforms Indian users ought to be cautious with.
Started in 2004 by Harvard University pupils, Chris Coyne, Christian Rudder, Sam Yagan and Max Krohn, the internet dating internet site ended up being rated among Time Magazine’s top ten internet dating sites in 2007. It absolutely was later on obtained by Web news congolomerate InterActiveCorp (IAC) as an element of its “The Match Group” unit, which has a few popular online sites that are dating Match.com, Twoo, Tinder and SpeedDate.
At the time of June, OkCupid has nearly 10.15 million unique visitors that are monthly. Your website is well known because of its quizzes, and multiple-choice concerns, which it utilizes to come up with matches because of its users.
Another item through the IAC stable, “hookup software” Tinder has seen a surge in appeal among Indian users, particularly in the past 18-24 months. The software, that has been primarily targeted towards “millenials” or those amongst the chronilogical age of 18-34, claims to own almost 1.6 billion swipes (you swipe close to Tinder for the match), with 26 million matches per as of April day. Quotes on Mashable suggest that “the software has been downloaded by a lot more than 50 million users up to now.” But, in March this year, a protection flaw intended that the application ended up being modified by code hackers in order to make males flirt with men. In addition it came under scrutiny following a flaw within the software revealed users’ precise places for months.
Co-founded by Sachin Bhatia of MakeMyTrip popularity, TrulyMadly is probably India’s really own type of Tinder. This year, has “reached 200,000 downloads since its launch in 2014 as a website, TrulyMadly, according to a TechCrunch report in March. ” with a females forming a third of their ever expanding individual base. That thirty days, TrulyMadly completed a set a financing round that saw it raise $5.6 million. Bhatia, within the report cited above, is focusing on around “3.5 million packages because of the finish of this 12 months.”
Launched in 1995 by Gary Kreman and Peng T. Ong, Match.com is probably the earliest online dating sites on the online world. Match.com can be a right part of this IAC franchise, having been obtained because of the business in 1998. Your website is rated number 1 for internet dating in america and boasts of 35 million unique visitors that are monthlyat the time of June 2015, Statista). Nonetheless, in April this present year, technology web web site ArsTechnica reported on a safety flaw on the site, where opted users have their “site password exposed every time they check in considering that the dating internet site doesn’t utilize HTTPS encryption to safeguard its login web web page.” Match.com presently acts 25 nations and it is for sale in eight languages. In 2014, Match.com launched an app that is dating “Stream”, which will be much like Tinder.
AdultFriendFinder is easily among the biggest casual (adult) online internet dating sites online, with a worldwide individual base of 63 million users. Rated among the list of top 100 sites in the usa, AFF ended up being established in 1996 by Andrew Concru as WebPersonals, which later on became FriendFinder. According to online analytics web site SimilarWeb, AFF had almost 35.4 million site visitors in June 2015, a lot of them being users that are desktop. Earlier in the day this season, in April, your website ended up being hacked, with personal stats of at the very least 3.9 million users published across a few online discussion boards. The details posted entail “sexual preferences, e-mail details, sexual orientation, times of delivery, addresses and usernames.”


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Following days of rumors and confirmation by the companies last week of discussions, CMGI Inc. Tuesday purchased 83 percent of search engine AltaVista from Compaq Computer Corp. for $2.3 billion in cash and stock.
The deal will make Compaq CMGI’s largest outside shareholder with a 16.4 percent stake. AltaVista will give CMGI a well-known property to anchor its 40 Internet companies, which include Furniture.com, investing discussion site Raging Bull and health site MotherNature.com.
Compaq will transfer 83 percent of AltaVista to CMGI in return for 19 million CMGI common shares and 1.8 million preferred shares. CMGI will also issue a $220 million three-year note to Compaq. Compaq will get a seat on CMGI’s board.
In addition to the AltaVista search engine, the deal will include Shopping.com and Zip2.
Compaq will also become CMGI’s strategic IT partner. Compaq computers will come preloaded with browser bookmarks and keyboard shortcuts that will direct users to AltaVista and other CMGI properties. CMGI will also work with Compaq’s research scientists on next-generation Internet appliances and solutions.
“Our partnership will define and lead the consumer and enterprise market, from PC to Web, by combining Compaq’s consumer Internet PC, commercial computing and infrastructure leadership, global reach and worldwide consumer base with CMGI’s network of leading Internet technologies and destinations,” said David Wetherell, CMGI’s chairman and chief executive officer.
Rod Schrock will remain president and chief executive officer of AltaVista.
One possible loser in the deal is ad network DoubleClick Inc.. That company’s shares have tumbled in recent days as the deal turned from rumor to near reality.
Speculation is that CMGI would switch AltaVista’s ad solutions from DoubleClick to its own Adsmart or Engage once the current contract expires. Currently, AltaVista accounts for about 30 percent of DoubleClick’s revenues.
Just after the deal was announced, DoubleClick (DCLK) shares had sunk more than $2.


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Dubai, UAE; June 5, 2013: With summer setting in, television viewing is set to increase exponentially, according to industry experts.
Estimates by an independent research centre* observed that UAE viewers spent an average 5.12 hours watching television during the summer months last year, nine percent higher than the previous year.
OSN, the leading pay-TV network in the Middle East and North Africa region, is building on the huge popularity for its exclusive and premium content during summer and with the start of the Dubai Summer Surprises 2013, has announced a new customer bonanza.
Customers in the UAE who subscribe, upgrade or renew their OSN subscription between June 7 and July 25, 2013, will automatically enter two raffle draws to win one of 30 Samsung Smart TVs and the grand prize of an Infiniti JX35 car.
Hamad Malik, Chief Marketing Officer, OSN, said: “We want to give our subscribers something extra for their loyalty towards OSN. With 31 winners over a 48 day special promotion, every subscriber has a high probability of winning. This is a fantastic offer and we thank our partners Infinity and Samsung for their great support.”
The first prize draw will be held on June 27 for 15 Samsung Smart TVs, followed by the second draw on August 15 where the grand prize winner of the Infinity JX35 will be announced along with lucky winners of another 15 Smart TVs. For more details, please visit www.osn.com
- Ends -
Source: * Pan Arab Research Centre


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- The support page for the Samsung Galaxy A14 is now live on the company’s India site.
- The model number of the phone is SM-A146B/DS.
- The Samsung Galaxy A14 should have a 5000mAh battery, 15W charging, and an FHD+ LCD screen.
Samsung is getting ready to release a new Galaxy-A series phone called the Samsung Galaxy A14. The phone has listed on the company’s support page for India. This model will be 5G and will called the SM-A146B/DS. Aside from the listing, there is no mention of hardware specs, but this is a good sign that the phone will released in the country. The Samsung Galaxy A14 will replace the Galaxy A13 5G. Follow our website, Newsyblogy, for the latest updates!!!!!
A recently leaked image of a render of the Samsung Galaxy A14 5G showed that it would have three cameras in three circular cutouts and an LED flash on the back. The selfie camera is in a waterdrop-shaped cutout on the front, with a big chin below the screen.
Samsung Galaxy A14 specifications
On the FCC website, the Samsung Galaxy A14 seen, and it showed that the phone would have more than one 5G band. It will charge quickly with 15 watts and have a 5000 mAh battery. The phone also seen on the NBTC and Bluetooth SIG websites, which showed that it supports Bluetooth 5.2.
>>> The iQOO 11 teaser confirms the Snapdragon 8 Gen2 SoC and other features.
The MediaTek Dimensity 700 SoC and the rumoured Exynos 1330 processor will be available for the Samsung Galaxy A14 5G. At least 4GB of RAM could used with the chipset. The phone could have a 6.8-inch IPS LCD screen with a 60Hz refresh rate and FHD+ resolution. 5G, 4G LTE, Wi-Fi, Bluetooth 5.2, GPS, and a charging USB Type-C port are all ways to connect.
When it comes to optics, it said that the Samsung Galaxy A14 has a 50 MP main camera. There will be a 13 MP camera for selfies and video chats on the front. The phone will likely come with a custom skin called OneUI 5.0, based on Android 13.


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Retail sales in Romania rose by 3.4 percent year-on-year in July of 2022, slowing from a marginally revised 4.3 percent gain a month earlier. The latest figure marked the 17th straight month of growth in retail trade but the softest pace since a decline in February 2021, as sales moderated for both food, beverages, and tobacco (3.2 percent vs 4.2 percent in June) and automotive (5.2 percent vs 6.6 percent). Meanwhile, sales of non-food products grew faster (2.5 percent vs 1.4 percent). On a monthly basis, retail sales increased 0.2 percent in July, swinging from a marginally revised 2.0 percent fall in June. source: Institutul National de Statistica
Retail Sales YoY in Romania averaged 7.34 percent from 2001 until 2022, reaching an all time high of 39.70 percent in April of 2021 and a record low of -19.60 percent in April of 2020. This page provides - Romania Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Retail Sales YoY in Romania is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Retail Sales YoY is projected to trend around 6.50 percent in 2023 and 5.00 percent in 2024, according to our econometric models.


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After hitting 15 million users across across 73,000 cities and towns, Freelancer CEO Matt Barrie says the company has finally reached global liquidity and has enough users to start thinking about offering local services.
“If you can crack the nut with local, there’s a huge potential there. If you look at the local jobs market size there’s probably 10 times larger then the online markets size. Just the issue is, you need to have liquidity in local markets,” he said.
It’s a different approach to building a marketplace which offers local, physical services. Barrie has reverse engineered it, going from a big – no touch – marketplace where it doesn’t necessarily matter where you are to offering a service to one where a freelancer can go pick up your dry-cleaning from down the street.
Australian startup Airtasker has been attempting to build out a similar local marketplace and since launching in 2011, has attracted over 200,000 customers.
“If you wanted to build a TaskRabbit or an Airtasker from scratch, where you could do plumbing, you could do pest control in a bunch of different cities… you end up boiling the ocean to try and change consumer behaviour,” Barrie said. “That costs a lot of money.”
Although TaskRabbit said it costs very little to launch in each city.
Barrie argues the issue is, you need to have market saturation.
“We’ve got global liquidity,” Barrie said. “If you were to start from scratch it would be really, really, tough and that’s why Airtasker and TaskRabbit have had a really tough time.”
“You can build a little bit of liquidity in certain areas or a little bit of liquidity in certain job types but it’s really tough to build a mass market, local offering.
“It would consume a huge amount of capital to do it from scratch but because we had liquidity we thought ‘let’s do it’.”
Tim Fung, Airtasker CEO, who is currently establishing that local market from scratch commented on Barrie’s move saying it was “interesting”, but didn’t agree with the strategy of building out global liquidity and then returning to establish a local footprint.
“I would definitely say that if you look at how most local businesses work, they generally start locally, and if you want a network affect and a product that is customised and built for a local market place you kind of have to immerse yourself in it to a certain degree,” he said.
“Global liquidity is probably a weapon when you’re trying to focus on fighting the global war with eDesk.”
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Mumbai: Kalyan Jewellers India on Wednesday posted a Rs 68.77 crore consolidated profit after tax (PAT) for the quarter ending September 30, as easing of COVID-19 related restrictions and recovering economy boosted sales momentum. The company had reported a consolidated loss of Rs 136.12 crore during the corresponding quarter of 2020-21, Kalyan Jewellers India said in a regulatory filing.
Revenue from operations of the company during the quarter under review grew by 60.65 per cent to Rs 2,888.69 crore, compared to Rs 1,798.05 crore in the same period of the previous fiscal.
The revenue growth was broad-based across geographies with both India and international markets growing at the same pace, the company added.
"The company's performance during the recently concluded quarter has been very strong and we remain confident of the current quarter given the continued easing of COVID-19 related restrictions as well as the return of buoyancy in consumer sentiments across markets.
"We are witnessing a continuation in revenue momentum that had started around the same time last year and are encouraged by the trends that we are seeing in our operating performance," Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said.
Shares of the company were trading at Rs 81.50, up 3.69 per cent on BSE.
Earlier this week, the RP of FRL filed an application before the National Company Law Tribunal (NCLT) against the former and present directors of the company for causing a loss of Rs 14,809.44 crore to creditors.
New Delhi, Mar 14 (PTI) American toy and clothing retailer Toys 'R' Us is said to have shut within 24 hours a store it opened in Hyderabad to mark its second entry into India over some legal complexities with the mall owner, sources said.


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Cultivating Wellness announced findings from an extensive study of the current CBD topical marketplace—surveying 358 hemp-based topical products from 111 brands comprising the majority of sales in the sector.
According to the Brightfield Group, a leading cannabis research company as cited by Cultivating Wellness, by 2025, CBD topical annual sales are to projected hit $4.5 billion—a 540% increase in just five years. In U.S. sales in 2019 alone, CBD topical sales exceeded $703 million.
The company found that in some areas, such as formats, the market is converging on a set of consensus standards and encompassing diversity. However, in other areas, most notably dosing and pricing, the CBD topicals marketplace is almost unrationalized.


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Samsung Galaxy Tab A8 (2021) has been a part of the hearsay mill for the previous few months and a current leak has now leaked full specs of this unannounced pill. This new model of the Samsung Galaxy Tab A8 is tipped to come back with a ten.5-inch LCD display. The show is predicted to supply a decision of two,000×1,200 pixels and a 60Hz refresh price. The leak additionally comes with a high-quality picture render that reveals this rumoured pill sporting a symmetrical bezel design.
Samsung Galaxy Tab A8 (2021) specs (anticipated)
The complete specs of the Samsung Galaxy Tab A8 (2021) variants had been leaked in a current Twitter publish by tipster Snoopy Tech. It says the Samsung pill could have a ten.5-inch LCD display — bigger than the Tab A8’s present 8-inch mannequin. It’s tipped to be geared up with a Unisoc Tiger T618 SoC.
Samsung Galaxy Tab A8 (2021) is tipped to function 4GB of RAM and three storage choices of 32GB, 64GB and 128GB. Its 7,040mAh battery is alleged to help as much as 15W quick charging. When it comes to optics, the pill is tipped to function an 8-megapixel rear digital camera and a 5-megapixel selfie snapper. As well as, the Galaxy Tab A8 is alleged to be geared up with a quad-speaker setup. The tipster says the pill will weigh 476 grams and have a thickness of 6.9mm.
The Samsung Galaxy Tab A8 (2021)’s Wi-Fi and LTE variants had been believed to have been noticed on Geekbench not too long ago. The Wi-Fi mannequin will get a single-core rating of 1,704 factors and a multi-core rating of 5,256 factors. The only-core rating for the LTE variant is 1,625 factors with a multi-core rating of 5,285 factors.
Samsung Galaxy Tab A8 (2021) pricing, variants (anticipated)
A report by SamMobile speculates that the Samsung Galaxy Tab A8 will likely be priced in Europe between EUR 220 (roughly Rs. 18,600) and EUR 300 (roughly Rs. 25,700). The report says the pill will are available in Gold, Gray, and Silver color choices.


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Cultivated seafood startup E-FISHient Protein is working to create an alternative to the most farmed fish in the world, tilapia, by developing, manufacturing, and marketing cultivated tilapia meat—which uses a small amount of fish cells to grow real fish meat in a lab-setting. The startup is a joint venture between alternative protein investment firm BioMeat Foodtech and the Volcani Institute of Israel, the country’s national agricultural research and development center.
E-FISHient is working to create a food solution for the growing threat of industrial fish farming on the world’s oceans, and to enhance food security. “The huge ecological damage from the fishing industry, together with the expected growth in world population, call for an urgent solution that will supply clean, healthful, nutritious ecologically sound, high-quality fish meat for us and for the sake of the planet,” E-FISHient CEO Dana Levin said in a statement.
Tilapia is the common name for hundreds of fish species within the Cichlid family, a mostly freshwater fish that dwells in shallow streams, ponds, rivers, and lakes. Because it’s one of the most farmed fish species in global aquaculture, it presents a large market for the development of a more sustainable and ethical solution. Today, tilapia makes up more than double the salmon market and is expected to increase more than any other fish species in the next decade.
Growing tilapia fish from cells
E-FISHients is zeroing in on Nile tilapia, a white fish that is considered very fleshy in texture with a distinct flavor that has yet to be achieved in the cellular aquaculture space. Its current research and development focuses on furthering knowledge related to isolating fish cells taken from a culture that have potential for growth into muscle cells, and their long-term storage. E-FISHient’s product development lead, Jakob (Kobi) Biran—who also heads the research lab at the Volcani Institute of Israel—is using his prior research experience in this area to help expedite the company’s launch.
Ultimately, the startup wants its cultivated fish product to grow without using animal-derived serum, and for its product to serve as a raw material for fish cutlets, fish fingers, and fish balls, and later, a filet. If successful, the serum itself will be an additional product that E-FISHient intends to sell to the general lab-grown meat industry to further product development across the sector. “We’re currently trying to achieve a sustainable solution that can be scaled for commercial production, first for the cultivated fish industry and later for the entire global cultivated meat industry,” Levin said.
The startup will start by selling its cultivated fish products in the Asia Pacific market, where the majority of tilapia are consumed. Eventually, E-FISHient will expand its reach into European and North American markets, but this will depend on regulatory approval in each country. Currently, Singapore is the only country that has so far approved cultured meat for sale. In 2020, the Singapore Food Agency allowed California-based food technology startup Eat Just to include its cultured chicken as an ingredient in chicken bites that were part of a small commercial launch for Eat Just’s new brand GOOD Meat. Since then, GOOD Meat’s cultivated chicken has expanded into different formats and hit menus across Singapore.
Sustainable alternatives to seafood
E-FISHient represents one of Israel’s first forays into the cultivated seafood sector. Other startups in the country are working to create seafood alternatives using plant ingredients and other forms of food technology. Earlier this year, startup Plantish unveiled the world’s first vegan, whole-cut salmon filets. Its prototype Plantish Salmon was created to mimic its fish counterpart in every way, including a flakey texture, buttery mouthfeel, and fibrous structure to replicate the eating experience perfectly without the need to kill a single fish. Plantish created its salmon using a proprietary blend of plant proteins and patent-pending technology that produces a whole-cut filet that can be prepared in the same ways as traditional salmon, including poaching, grilling, and baking.
Similarly, food-technology startup SimpliiGood is developing the first commercial vegan smoked salmon made entirely from a single ingredient: whole spirulina. The plant-based salmon-like cut is being developed to take on the appearance, color, texture, and flavor of smoked salmon—but without the sea animal exploitation or ocean pollutants like mercury and industrial waste that living fish are commonly exposed to.
“Our spirulina can act as a complete replacement for animal-based protein or be easily integrated into existing food products as an added-value ingredient, as it has a neutral flavor and maintains its full nutritional value,” Lior Shalev, CEO and co-founder of Algaecore, said in a statement. “This project marks an exciting milestone in our company’s product line expansion as we enter the fish substitute market.”
For the latest vegan news, read:
Tony Hawk’s Favorite Vegan Doughnut Maker Raises $9 Million
Congress Members Push For Meatless Meals at all Federal Facilities
Plant-Based Diet Better Than Keto for Cancer Prevention, Research Shows


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Sherwin-Williams wins U.S. antitrust approval to buy Valspar: FTC
WASHINGTON Paint-maker Sherwin-Williams has won U.S. antitrust approval to buy U.S. rival Valspar Corp , the Federal Trade Commission said on Friday.
JERUSALEM Qualcomm Inc (QCOM.O) is in advanced talks to buy Israeli chipmaker Wilocity, financial news website TheMarker reported on Sunday.
Qualcomm has proposed to acquire Wilocity, which makes fast speed chips, for around $300 million but the two sides have yet to agree to terms of all the provisions of the sale, TheMarker said.
Officials at Wilocity, founded in 2007, were not immediately available for comment.
U.S. chipmaker Qualcomm is already an investor in Wilocity, which develops 60 GHz, 7 gigabit wireless chipsets that allow for faster Internet speeds.
The chips would enable users to download video and other heavy data content more quickly, TheMarker noted, adding that Wilocity's chips are featured in Dell computers - its first customer.
Other investors in Wilocity include Marvell Technology, Cisco (CSCO.O), Pegatron, Benchmark Capital, Sequoia, Vintage Investment Partners, and Tallwood Partners. TheMarker said that in all, Wilocity has raised $105 million from its investors.
(Reporting by Steven Scheer)
MUNICH German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday.
Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.


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Asia Pacific to have at least 1.4 million electric cars by the year 2015
With a quickly growing population and equally quick to grow economy, the Asia Pacific region has been experiencing a rapid growth in the automobile sector, with more people choosing to drive their own cars these days. That’s not all; the auto industry is wisely taking a turn for a greener horizon, with an outflow of EVs. According to estimates, the Asia Pacific region will play home to an astounding 1.4 million electric cars purring around by the year 2015, and with the rate at which technology is developing, we don’t need Nostradamus to predict that! To power these up, 2.6 million charging points are predicted to sprout up.
Amazing and hopefully true, these estimates sure make us grin thinking about just how green cities streets in future will be as compared to the state they’re in today, with gas guzzlers puffing around all that Co2.


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India is one of the fastest growing economies in the world. After a moderate slow procedure of opening up its markets to foreign rivalry, India is beginning to blast. With Multi national companies opening increasing number of workplaces to out source work, India’s youth now have opportunities that their parents never did. These youths alongside their parents are driving the Indian economy by obtaining foreign brands and spending on other extravagance things.
Many of these youth’s are in their mid 20’s and still inhabit. They have practically zero bills to pay for and as a rule spend around 60%-70% of their pay shopping. Lion’s share of these youths are working for call focuses or other technology firms, and increasing carrying on with a more western life style of utilization.
Regardless of the splendid prospects, many foreign companies are as yet attempting to enter the Indian market. Stores like Wall-Mart have been avoided to put resources into operating their own stores in India. Many of the foreign brands have now entered India through franchise understandings, which oblige companies to surrender a great deal of control to nearby operators.
What ever the case, the Indian economy is growing in size at a quick pace, and different years will convey new consumers to the market at an increasing growing rate. The test most companies face is the way to offer items to brand cognizant consumers at a value they can manage the cost of and how to stay aware of the growth rate which by and large is around 30%-half a year contrasted with 3%-5% by and large in the developed world.


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