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Baker: We need to support the Ex-Im Bank
Louisiana was the sixth largest exporter of goods last year, if that tells you anything about the importance of trade here. Exports helps businesses large and small grow and create new jobs in Shreveport and across the state of Louisiana. It’s just as surprising then that some Louisiana members of Congress don’t support the U.S. Export-Import Bank (Ex-Im), a government agency that supported $1.6 billion in Louisiana exports over the last seven years.
Ex-Im helps U.S. businesses export overseas by leveling the playing field in global markets where foreign competitors are backed by generous financing from their own governments. Often times, potential buyers can’t even consider a deal without the support of Ex-Im financing.
As a Caddo Parish commissioner, I’ve seen firsthand how Ex-Im has helped businesses in Louisiana sell great made-in-Louisiana goods across the world. The last thing we need is for that support to disappear.
Ex-Im’s charter is set to expire in June and we still lack the certainty of a long term reauthorization from Congress. The uncertainty of the bank’s future is already damaging our businesses’ ability to compete and win in an intense global market.
This week I’ll be going to D.C. with small businesses around the country to show Congress that the Shreveport community is serious about reauthorizing the Ex-Im Bank. It’s the only option.
— Lindora Baker


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The number of responsive sites, sites and apps designed for mobile will flourish,” says David Szetela of Bruce Clay, Inc. Pakistan Phone Number. Digital marketers should plan accordingly with things like click-to-ads. -call and the reduction of advertising content, he says. Brad Geddes believes that top companies “will start testing mobile ads and pages completely independently of their desktop ads and page testing.” Pakistan Phone Number .”We’ll also see a lot more ‘m-commerce,'” says Greg Sterling, which includes scheduling/reservations and payments for offline services as well as more traditional e-commerce transactions.
Sites Sites and Apps Designed for Pakistan Phone Number
Finally, Aaron Levy points out that store visit tracking “will grow exponentially to fully leverage mobile.” Social Media Ads: Kicking Ass Social advertising is quickly becoming a favorite for many businesses. In fact, Brad Geddes says 2016 will be the year “Google tries to Pakistan Phone Number catch Facebook” by targeting users by more than just keywords. PPC Predictions Facebook Search Marc Poirier agrees. “The next battleground to challenge Google’s market share could very well be non-traditional search platforms. Facebook and Netflix, for example, have shown that WHAT people search is as important as
Mobile Will Flourish Says David Szetela Pakistan Phone Number
WHERE they search. David Szetela predicts that advertisers will spend an increasing percentage of their budget on Facebook and Instagram ads.As you could agree. This may result in thousands of unwanted impressions. How to get real Facebook likes aside. From how quickly facebook’s organic. Reach declined, the real surprise (or not) came from Facebook. The official stance on the matter. In an. Official blog post, Facebook VP of ad technology Brian Boland. Claimed that the drop in organic reach was due to several factors. Including an increase in the volume of content. Posted on Facebook to Pakistan Phone Number refine the news feed algorithm. Can target based on demographics, personal interests, and buying behavior. Life events and thousands of other criteria.

domain: news


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Bitcoin, which is the most known and market share crypto currency in the world, continues to rise. Bitcoin, which started to rise in the middle of this month, is now above the $ 10,000 threshold.
Bitcoin, which has the largest market volume in the crypto money market, passed the 9,000 dollar threshold in the current month. The digital currency in question, continued to rise above 10 thousand dollars.
Bitcoin began to decline at the end of 2017 and continued this decline throughout 2018. Seeing the $ 6,000 band, Bitcoin has made two big leaps in the last 3 months.
- Survival-Themed Dune Awakening Announced
- Fitbit introduced three new products: Sense 2, Versa 4, and Insprie 3
- iPhone 14 promotional date has been announced
- US parents want crypto money training in schools
- How much money do technology companies earn per second? There is Apple at the summit
The rapid expansion of Blockchain technology and the introduction of large-scale crypto-money projects such as Libra had a positive impact on the Bitcoin price. Investors and analysts find it difficult to tie up the rise of the crypto currency.
This rise in Bitcoin increased its market dominance to 59.2%. In addition, the total volume of the crypto money market also showed a big increase. Movements in the third and fourth quarters of 2019 are eagerly awaited.


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Debenhams to appeal rates increase at Swansea store
Aug. 25, 2020
Debenhams is reportedly looking to challenge a proposed 12 percent rates increase at its Swansea store.
The department store chain is appealing to a local tribunal against a 1.1 million pound increase in the rates bill for its store in the Welsh city, according to The Times. The retailer reportedly said the action would serve as a test case for its other stores across the UK.
In a statement seen by The Times the company said: “The Swansea hearing is a vital test case, with serious implications for jobs, both locally and across the UK. The outcome will go a long way to defining the future of every one of our stores.”
Debenhams has reportedly achieved rent cuts of up to 70 percent to date across its estate of 124 stores. However, it faces a 60 million pound rates bill after the current business rates holiday.
The date of the rates tribunal is expected to take place in October.
Debenhams fell into a ‘light touch’ administration in April after the Covid-19 took its toll on the company’s trading. It was the second time the retailer had fallen into administration in as many years.
Earlier this week, The Times reported that Celine Group Holdings, the holding company for Debenhams, called in advisers to prepare its own administration. The move would mean Celine wouldn’t have to pay overdue interest payments on 200 million pounds of bonds which were reportedly due on 15 July. The administration would reportedly not affect Debenhams’ sales, staff, customers or suppliers.
Photo credit: FashionUnited


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Bühler Group: turning a challenge into an opportunity
When it became clear that the cancellation of interpack due the coronavirus pandemic was only a matter of time, the idea of hosting a virtual event for customers and partners was born. Driven by the desire to provide the best digital trade fair experience for the consumer foods industry, the project team created the Bühler Virtual World in a little over two months.
“Messe Düsseldorf had to make a difficult decision today and will postpone this year’s interpack.” When the news broke on interpack’s official Twitter account on March 13, the core team had already been working intensively on a digital version of the Bühler booth.
Burkhard Böndel, Head of Corporate Communications and co-initiator of the Bühler Virtual World, vividly remembers the days and weeks when the coronavirus changed life as we knew it. “Of course there was a bit of shock initially, but with our play-to-win mindset at Bühler, I knew we would face this challenge head-on and turn it into an opportunity to show our customers that we are always there for them – no matter the circumstances.”
Collaboration and innovation
The task seemed impossible from an objective perspective. “We had to completely digitalize an entire booth for the biggest trade fair in the consumer foods industry in two months. In my 18 years in the event business, I’ve never experienced a situation like this, but from the beginning we all had this unstoppable drive to be there for our customers in a virtual set-up,” recalls Jochen Metzner, Head of Live Communications at Bühler. In no time the core team was established, and the experienced partner CueConcept was tasked with digitalizing the entire booth from a high-level virtual entrance down to machinery presentations, digital services, virtual one-to-one meetings and a live program.
The CUBIC innovation campus was turned into a gigantic film studio by the end of April with a huge green screen to pre-record presentations and host the live program of the event from May 12-15. In the meantime, the Herculean task of organizing hundreds of virtual meetings, operating a virtual registration desk 24/7 for four days and documenting all the action in the customer relationship management tool (CRM) was mastered with diligence and dedication.
A sustainable solution
As of April 30, more than 2,500 customers and partners registered to participate in this first-of-its-kind event. The live program on Tuesday and Wednesday, May 12 and 13, includes keynote speeches, for example by Germar Wacker, CEO Consumer Foods, and our partners Microsoft and Givaudan, presentations from Bühler food technologists and live demonstrations. On all four days, from Tuesday to Friday, customers can book meetings with Bühler representatives and explore the Virtual World.
Günther Sauerschnig, Global Head of Sales Consumer Foods, is counting the days until the event kicks off: “It’s been inspiring to see so many colleagues go the extra mile for our customers. We’re all excited to showcase our innovations in this one-of-a-kind format.”
Explore the Virtual World
You can experience this milestone in Bühler’s 160-year history first-hand from May 12-15 by visiting: virtualworld.buhlergroup.com


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Rockstar Games has announced that a standalone version of Red Dead Online will be available next week on all platforms, priced at only USD 4.99!
CD Projekt Red has released a 5-minute gameplay trailer for Cyberpunk 2077 showcasing several elements of the highly anticipated game.
Sony has announced the price and release date of the PlayStation 5 in the Philippines!
CD Projekt Red and Porsche have brought the classic Porsche 911 Turbo into Cyberpunk 2077!
The latest episode of the Cyberpunk 2077 Night Wire City Wire video series showcases the different vehicles in and around Night City as well as the look, feel, and fashion of its inhabitants.
Here are all the trailers from Sony’s recently held PlayStation 5 showcase!
A new trailer for Scarlet Nexus has been released by Bandai Namco Entertainment along with more information on the game’s characters!
Call of Duty: Black Ops Cold War has been announced for release on November 13, 2020, for current-gen platforms.
The soundtrack for NBA 2K21 has been announced and the game’s soundtrack on the PS5 and Xbox Series X will have three times more songs than the current-gen version!
Kobe Bryant, Zion Williamson, and Damian Lillard are Your NBA 2K21 Cover Athletes, Pricing Announced
2K has announced that Kobe Bryant, Zion Williamson, and Damian Lillard are this year’s cover athletes for NBA 2K21!
Cyberpunk 2077 has a new trailer, new gameplay footage, and an incoming anime series produced by Studio Trigger!
Here are all the game trailers showed off during Sony’s PlayStation 5 “Future of Gaming” show!
Sony has unveiled standard and digital editions of its upcoming PlayStation 5 next-generation console!
Scarlet Nexus is the first next-generation game from Bandai Namco Entertainment. It will be coming to both the Xbox Series X and the PS5.


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Wells Fargo offers unsecured credit cards for those without Social Security numbers.
Well Fargo reported that it is considering the possibility of offering credit cards to customers who lack Social Security numbers. Such a decision would follow Bank of America’s recently publicized pilot credit card program in the Los Angeles area that allows undocumented immigrants to apply for plastic.
According to its vice president of regional banking, Wells Fargo is weighing the possibility of offering unsecured credit cards to its checking account customers who have no Social Security numbers. The bank said the potential plan stems from the serious need for all customers to have equal access to financial products and services in order to “build credit, establish financial security and achieve the ‘American Dream.'”
In May 2001, Wells Fargo became the first U.S. financial services company to accept the Mexican ID card — the Matricula Consular — as identification when opening accounts. As of Feb. 25, 2007, Wells Fargo has opened over 1million accounts using the Matricula card.
Bank of America started its credit card program in 2006, eventually expanding it to 51 bank branches in Los Angeles County. Bank of America explained the move is an attempt to reach out to the Hispanic market, but said that there are no plans to take the credit card program nationwide.
Consumers looking to apply for a Bank of America credit card who do not have a Social Security number must first have a deposit account with the bank for three months, as well as identification documents approved by the USA PATRIOT Act.


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China's top online game operator Tencent Holdings said on Wednesday that its quarterly net profit doubled to a record high thanks to surging popularity of its online games.
Tencent reported a third-quarter net profit of 1.42 billion yuan ($208 million), up from 737.1 million yuan a year earlier. The result was slightly ahead of the average forecast of 1.36 billion yuan, according to two analysts polled by Thomson Reuters I/B/E/S.
Revenue from China's online game market grew 39.5 percent in the second quarter to 6.18 billion yuan ($905.2 million), according to data from research firm Analysys International.
Tencent, the market leader with 20 percent of the market, followed by Shanda Games and NetEase.com, faces increased uncertainty due to tougher regulation of the fast-growing industry by heavy-handed officials concerned about negative influence of such games.
Tencent shares have nearly tripled this year, outpacing the 55 percent rise on the Hong Kong Stock Exchange .HSI, reflecting its fast growth in the industry.
(Reporting by Melanie Lee; Editing by Jean Yoon and Chris Lewis)


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More than 200 companies, among them foreign textile exporters, took part in this year’s Heimtextil Russia, the leading international trade fair for home textiles, floor coverings and interior furnishings, held in Moscow last week.
The fair gathers industry professionals from all over the world: manufacturers, importers, distributors, representatives of wholesale and retail trade and contract business, as well as designers and decorators.
National pavilions of Germany, Turkey, China, India, Portugal and Pakistan took part in the show, as well as individual participants from Italy, France, China, Uzbekistan, and Kazakhstan, among other countries.
Six Pakistani companies participated in the fair this year, under the umbrella of the Trade Development Authority of Pakistan (TDAP).
“The fair was really very good and we came to know more about the Russian market. We are happy with the show,” said Sikandar Hussain Gilani, marketing manager at Al Rahim Textile.
Vietnamese booths, which are showcasing jackets, jean clothes and sleepwear, attracted many Russian entrepreneurs who came to seek cooperative opportunities on the opening day.
According to Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam, this is the third time Vietnamese firms have attended the fair, and it has helped the enterprises get access to potential markets and customers.
“Trade promotion programs have brought back efficiency as many garment and textile firms have secured contracts to export their products through similar fairs,” he said.
Some 219 exhibitors from 17 countries and more than 17,600 visitors from around the globe participated in this year’s edition of Heimtextil Russia.


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,Property activities: An artist’s impression of the Lavanya Residences. Kobay expects to complete phase two of the Langkawi project by the end of financial year 2022.
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ONE of the top performing stocks on Bursa Malaysia year-to-date is Kobay Technology Bhd. It isn’t entirely clear what has driven investors to it but they have done so, driving up its share price more than six times in that period.
At around RM5 a piece, its shares have never traded this high since its listing back in 1997. The company’s market capitalisation has grown from a mere RM244mil at the beginning of the year to hit RM1.56bil currently.
The stock now trades at a historical price-earnings multiple of 60 times. The question is, can the company deliver earnings to support that high valuation?
Penang-based Kobay is a manufacturer of precision metal components and a property developer – two businesses which are quite diverse from each other. And it is entering into yet another sector, namely the retail space with its recent acquisition of a 70% stake in the Avelon Group.
Kobay managing director and chief executive officer Datuk Seri Koay Hean Eng says the acquisition is part of the group’s long-term strategy of diversifying into other industries and creating another income stream.
“We chose the pharmaceutical industry because of its strong growth prospects underpinned by the heightened health awareness since the emergence of Covid-19, plus the ageing population is growing in Malaysia.
“The industry is also non-cyclical, which will enhance earnings visibility and sustainability,” he tells StarBizWeek.
He adds that at RM47.7mil for the block of shares in the Avelon Group, the business is being bought at an attractive level, translating to a price-earnings (PE) multiple of eight times based on pro forma financial year end Dec 31, 2020 net profit. This is lower than the market average PE of 16 times.
Where bottomline is concerned, the deal comes with an aggregate net profit guarantee of RM25.5mil for three years to financial year 2023 or an average of RM8.5mil per year. It also has the option to buy the remaining 30% stake in the Avelon Group for RM16.8mil, which is exercisable after Dec 31, 2023.
Avelon Group has four pharmacies under the Park@City brand name, one retail store selling healthcare products under the brand name of BioBay and one warehouse – all of which are located in the Klang Valley.
From here, Kobay plans to expand upstream to manufacture health food and supplements.
“For starters, we are looking at the manufacturing of fast-moving consumer goods, grains and milk powders. We also plan to expand our pharmaceutical product range for the wholesale division,” Koay shares.
Having a presence in countries like Singapore and the United States, Kobay intends to grow the geographical footprint of the segment. For this, it will be forming an export team to promote its health food and supplements to countries in South-east Asia, including Singapore, says Koay.


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During The Game Awards 2018, it was announced that The Stanley Parable would be getting a big update in 2019, known as “The Stanley Parable: Ultra Deluxe”. The new upgrade promises a bunch of new content, new endings and plenty more chatter from the Narrator. With just a few weeks left in the year, a 2019 release was looking unlikely and now, the delay has been made official in a way that only this developer could pull off.
To announce the delay, Crows Crows Crows released a video called “The Stanley Parable Responds to Your Letters”, in which the game's narrator reads out fake fan letters begging for the game to be delayed:
At first, the narrator brushes off the concerns around the amount of time left in the year. However, after reading out the last letter, the white flag is waved and the narrator proclaims “I will give our fans what they've been asking for”.
The Stanley Parable: Ultra Deluxe will now come out in 2020 “probably some time before the summer”. It will be coming out on consoles and the update will also be coming to PC, although the developers aren't sure how they are going to make both the original and new versions separately accessible yet. While the original was built on the Source Engine, the new version has been rebuilt in Unity.
Discuss on our Facebook page, HERE.
KitGuru Says: I'm a big fan of the original game, although I must admit that I forgot that this remake was slated for a 2019 release. It is surprising that this news didn't come sooner but I think the way they announced it more than makes up for that. Hopefully we'll have a clearer release date a few months into next year.


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- Language Tips
BEIJING - The United States' decision not to impose anti-dumping duties or countervailing duties against imports of steel wheels from China has brought hope and confidence to the industry that has seen frequent investigations from foreign countries, a Chinese official said Thursday.
The US International Trade Commission recently made a final determination that "a US industry is not materially injured or threatened with injury by reason of imports of certain steel wheels from China that the US Commerce Department has determined are subsidized and sold in the United States at less than fair value."
The decision came a year after the US Department of Commerce launched anti-dumping and anti-subsidy investigations on China-made steel wheels following petitions from Accuride Corporation and Hayes Lemmerz International Inc.
The victory provides "precious experience" for China to cope with similar trade investigations and boosts confidence in other industries facing the same challenges, an official from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products told Xinhua Thursday under condition of anonymity.
The case was the US first such investigation targeting auto components from China.


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LONDON - The late fashion designer Alexander McQueen has left his fortune to charities, his household staff, family and his dogs.
The newly published will shows the designer, who committed suicide last year, left roughly 16 million pounds (US$26 million), including 50,000 pounds for care of his household pets.
The document released Tuesday shows McQueen also left 250,000 pounds each to his five siblings and 50,000 pounds each to his two housekeepers.
He left 100,000 pounds each to four charities, including two that help sick animals.
The designer left the bulk of his estate to his Sarabande charity with the suggestion that some money be used for scholarships at London's Central St. Martin's College of Art and Design.
He was one of the school's many famous graduates.


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Another fantastic weekend at Electrify Expo is in the books – this time, the show conquered an all-new EV market: Seattle!
Electrify Expo is North America’s largest EV festival that gives consumers a one-of-a-kind opportunity to experience the latest electric vehicles from the hottest EV brands! This weekend the show landed in Seattle, Washington for the first time, taking over Husky Stadium with dedicated e-bike demo tracks, electric car test rides, scooter courses, electric skateboard tracks, the Hover-1 Kids’ Zone oval, and more!
“It looks like everyone is having a great weekend,” said Greg Lucia, Director of Brand Partnerships at Electrify Expo on the Electrify News Podcast, recorded Sunday afternoon. “Every single manufacturer told me they had to cut off the lines of people who wanted to experience their vehicles before the end of the day – and everyone is finishing their rides with a huge smile on their face.”
More than 16,000 electric vehicle test rides eventually took place over the two day show, which featured the newest electric cars from major EV brands – including the groundbreaking Lucid Air with more than 500 miles of range, the all-new Volvo C40 Recharge, the Volkswagen ID.4 electric crossover, and – for the first time! – the high-performance Kia EV6!
Electrify Expo | Experience Electric Cars
The biggest names in the micro-mobility industry were on-hand with new product as well, including Giant bicycles, Bosch, Aventon, NIU, and more – along with some wild EVs that were way outside the mainstream, like the electrified Fliteboard v2.2 e-foil, the combat-ready EZRaider, and all-wheel drive Ubco twin-engine electric motorcycle.
In short, there was a little bit of everything for riders of all ages, shapes, and sizes – and all of them had a great time experiencing these amazing products firsthand. See for yourself!
Electrify Expo E-mobility Experience
The Electrify Expo will be headed to New York’s Nassau Coliseum next month to kick off the East Coast leg of the show’s 2022 tour with even more great brands, product demos, giveaways, and – the best part! – the hosts of the Electrify News podcast will be on-hand, recording Live!
Click here to find out how you can attend Electrify Expo New York 2022, August 27-28th!
SPONSORED CONTENT FROM ELECTRIFY EXPO.


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Morgan has officially unveiled the all-new Plus 8 GTR. The British car manufacturer will made this car in just nine units and all will be finished in Yas Marina Blue shade.
The car is equipped with the BMW 62 engine, a naturally aspirated V8 that the German car manufacturer dropped from its lineup many years ago. The N62B48 engine is a 4.8 liter unit and it delivers 375 horsepower.
Five of the nine cars have been sold to export markets, with the other four remaining in the UK. Customers will be able to pick from a six-speed manual gearbox or an automatic. The left- and right-hand drive are also possible.
The Plus 8 GTR is a new special project from Morgan. Another one launched this year was the Plus Four CX-T which is a unique off-road Morgan.


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(Pocket-lint) - Things seem to be a-changing behind the scenes at Sony, with its tactics going forward around PlayStation games apparently veering toward heavily favouring big, blockbuster titles.
One such upcoming game is a new remake of the first The Last of Us, which initially came out on PS3 before being remastered the first time around for PS4.
According to a juicy report from Jason Schreier at Bloomberg, the game was initially being handled by a different studio under Sony's helm, and might have been intended to come in a package with The Last of Us Part II.
That obviously hasn't happened, and the game has instead passed back under Naughty Dog's wing, given its experience and familiarity with the IP it created back in 2013.
How far along the remake is right now is far from clear, and it's also hazy whether it's another high-fidelity remaster, adding detail and graphical prowess, or a more wide-ranging remake that could deviate from the original.
However, the wider context behind this story is that Sony seems to be consolidating its efforts and moving away from making smaller games as independent projects.
Instead, per Schreier's reporting, blockbusters are the aim - big, AAA games that drive sales and hopefully establish franchises. However, Days Gone is mentioned as an example of a game that, even while being profitable, won't be getting a sequel after the long gestation time it took to make it to market.
There's clearly change in the air at a few levels of Sony's strategy for PlayStation, with Microsoft's Xbox Game Pass gambit and developer purchases potentially making waves. We'll wait to hear more news of The Last of Us remake, meanwhile, although we won't be holding our breath like it's in any way imminent.


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Indian carriers penalised by the Competition Commission of India (CCI) for their roles in an air cargo price-fixing cartel on fuel surcharges (FSC) are set to fight the decisions.
On Tuesday 17 November, the CCI fined Jet Airways, IndiGo Airlines and SpiceJet a total of $39 million for engaging in “concerted action in fixing and revising FSC for transporting cargo”.
Air India and GoAir were also part of the CCI’s investigation, but no fines were imposed on the two carriers.
Fines of Indian Rupees (Rs) 151.69 crores ($23 million), Rs. 63.74 crores and Rs. 42.48 crores, were dished out to Jet Airways, IndiGo and SpiceJet, respectively.
The CCI says in a press release on its website the carriers “impugned conduct in contravention of the provisions of section three of the Competition Act, 2002”.
The CCI did not fine Air India as says the airline’s conduct was “not found to be parallel with other airlines”.
No penalty was imposed on GoAir as the CCI says it gave its cargo bellyhold space to third party vendors with no control on any part of commercial and economic aspects of cargo operations done by vendors, including imposition of FSC.
The CCI began the antitrust investigation against the five airlines in 2013 after a complaint was lodged by the Express Industry Council of India, representatives of express courier and freight companies.
The Council complained, as said activities undertaken by Jet Airways, IndiGo, SpiceJet, Air India, and GoAir were in contravention of the Competition Act, 2002, which deals with anti-competitive agreements.
In explaining the decision, the CCI says the airlines: “Acted in parallel in collusion in fixing FSC rates and such conduct resulted in indirectly determining the rates of air cargo transport and were in contravention of the provisions of section three of the Competition Act 2002.”
The CCI explains the decision: “While imposing penalties, the CCI notes that such conduct in the air cargo industry undermines economic development of the country and ultimately acts to the detriment of end consumers.
“However, considering the precarious financial position of airlines, the penalty was imposed by the commission at one per cent of their average turnover of the last three financial years.”
All three airlines are set to contest the fines and a Jet Airways spokesperson tells Air Cargo Week (ACW): “Jet Airways believes that it is not in contravention of the provisions of the Competition Act and shall pursue all available legal steps to defend its position.”
Similarly, a statement from IndiGo to ACW reads: “The company is studying the CCI order and will take legal steps to challenge the order in the appropriate forum.
“The company has been legally advised that it is not in contravention of the provisions of the Competition Act, 2002.”


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The CECPA, which is kind of a free trade pact, would cover 310 export items for India, including foodstuff and beverages, agricultural products, base metals, electricals and electronic items
NEW DELHI :
The Union Cabinet, headed by Prime Minister Narendra Modi, on Wednesday approved signing of a comprehensive economic cooperation agreement (CECPA) between India and Mauritius to liberalize norms and improve trade between the two nations.
“The Agreement will be signed ... on a mutually convenient date and will come into force from 1st date of the following month," an official statement said. This will be India's first such trade pact with an African nation.
The CECPA, which is kind of a free trade pact, would cover 310 export items for India, including foodstuff and beverages, agricultural products, textile and textile articles, base metals, electricals and electronic items, plastics and chemicals, wood and its articles, among others.
Mauritius will benefit from preferential market access into India for its 615 products, including frozen fish, speciality sugar, biscuits, fresh fruits, juices, mineral water, beer, alcoholic drinks, soaps, bags, medical and surgical equipment, and apparel.
Countries enter into such agreements to remove barriers to imports and exports and promote services trade.
Indian service providers will have access to 11 broad sectors of Mauritius such as professional services, computer related services, research and development, other business services, telecommunication, construction, distribution, education, environmental, financial, tourism and travel, transport services, among others.
Similarly, India has offered 11 broad services sectors, including professional services, telecommunication, financial, distribution, higher education, environmental, health, tourism and travel related services, among others.
“The agreement is a limited agreement, which will cover trade in goods, rules of origin, trade in services, technical barriers to trade (TBT), sanitary and phytosanitary (SPS) measures, dispute settlement, movement of natural persons, telecom, financial services, customs procedures and cooperation in other areas," the statement said.
Over the last 15 years, India has been one of the largest exporters of goods and services to the island nation. According to the International Trade Centre (ITC), in 2019, the main import partners of Mauritius were India (13.85%), China (16.69%), South Africa (8.07%), and UAE (7.28%).
The bilateral trade between the countries has declined to $690 million in 2019-20 from $1.2 billion in 2018-19. While India's exports to Mauritius in 2019-20 aggregated at $662 million, imports stood at $27.89 million.
“The India-Mauritius CECPA will further cement the already deep and special relations between the two countries," the statement said.
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The online home-rental site Airbnb has agreed to collect “tourist taxes” for the city of Paris in an apparent attempt to quell growing criticism of its success in the French capital.
With more than 50,000 flats and houses advertised for rent – from around €150 (£109) a night to €1,000 (£730) – Paris is by far the biggest market for Airbnb worldwide, with the number of residences available having risen from just a few thousand in 2012.
The success has angered hotels, including some of the the city’s five-star “palaces”. It has also annoyed Parisians who complain that their quiet residential blocks are being invaded by noisy and insensitive tourists. In an attempt to prove that it is a good corporate citizen – and here to stay – Airbnb has agreed to collect the small daily tourist charge levied on hotel guests by the Paris town hall.
The website’s customers in Paris will have to pay an extra 0.83 euro centimes (60p) per person per night which will be handed over to the city’s authorities. Previously, accommodation owners were supposed to collect the tax but many failed to do so.
“We are grateful for our strong relationship with the French authorities and are proud to launch this simplified tax process in our number one city,” said Nicolas Ferrary, Airbnb director in France.
The shift will only partially assuage the apparent anger of Paris hotel owners and managers who blame Airbnb, at least in part, for a small – less than 1 per cent – fall in hotel bookings this year. Even the most expensive and renowned Paris hotels have spoken about feeling the pinch recently.
The Bristol, close to the Élysée Palace and a favoured haunt of Hollywood stars, suffered a 20 per cent drop in revenue in the first half of this year.
In terms of being potential competition, most of the 50,000 Parisian homes offered for short lets on Airbnb are relatively cheap. There are, however, around 400 properties which cost at least €500 (£365) a night and about 40 which charge €1,000.
These luxury flats are proving attractively anonymous to some celebrities and other potentates, who might find Paris hotels too “public”. Some Airbnb properties even provide extras such as concierge services. The hotels complain that the competition is unfair because home owners – who are allowed under French law to sub-let their home for 12 weeks a year – do not face the same burden of regulation and taxes.
For its part, Airbnb has previously stated that it is not in competition with luxury hotels, saying the accommodation offered provides a different experience.
Others are also seemingly unhappy. Some residents in tourist areas around the city, such as Le Marais, complain that their quiet apartment blocks are becoming holiday resorts in the summer months. “It’s party time every night,” one Parisian man told Le Figaro. “The young guests are often very drunk. They shout and stop me from sleeping.”
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Study reveals that shoppers across Europe value thoughtful, personal gifts above all else
To tweet this news, copy and paste http://news.mstr.cd/1rCeyBw to your Twitter handle with the hashtag #OhMyGift
WATERLOO, Belgium – 1 December 2014 – The key tomaximising revenue in 2015 might be dialling up a customers’ choice of gifts with a personal touch, especially during gifting seasons. So says a study commissioned by MasterCard on consumers’ seasonal spending habits revealing gifts that can be personalised (46%) and gifts with personal meaning behind them (44%) are what people both prefer to give and receive from loved ones.
The European wide study of over 15,000 consumers across 17 countries unearths perceptions of gifting amid a climate of consumerism and the day-to-day demands of people’s time. The findings perhaps also reflect the continued economic pressures across Europe that people feel personally. The study underlined that in these times, thoughtfulness is what matters most to customers: understanding what people really want (87%) and being thoughtful (86%) are people’s top priorities when it comes to gifting.
Adding to the emphasis placed on thoughtfulness, the study highlighted that nearly a third of Europeans think giving cash as a gift is offensive, although one in ten still admit to having done so. One excuse recipients of a cash gift have given is that their loved ones didn’t know what to buy (45%). This presents an opportunity to retailers who could help these shoppers spend more thoughtfully, thus ensuring the revenue does not bypass their store as it would with a cash gift.
The study also revealed that most (78%) like to shop for gifts a week in advance, or even earlier. However, when it comes to last minute shopping, it is men (34%) that are more likely to leave it until the last minute than women (27%).
Commenting on the findings, Javier Perez, President of MasterCard Europe said: “With personalisation and thoughtfulness being the clear trend when it comes to gifting, we think these insights will be revealing for retailers as they look to maximise opportunities for 2015. MasterCard has always looked to provide retailers around the world with insights and solutions that will drive growth. With this study and other data including The Digital Sharing and Trust Study, exploring what consumers go online to accomplish, SpendingPulse™, which tracks retail sales across markets and the annual Global Destination Cities Index, MasterCard is able to provide retailers with the intelligence to help plan for tomorrow.”
The results highlighted that age plays a role in Europeans gifting habits. Customers aged 55 and over (55%) are more than twice as likely as customers aged between 18 and 34 (7%) to simply give cash as a gift. That said, those aged 55 and over are almost just as likely to put thought into the right gift for a loved one (23%), compared to 18-34 year olds (26%), showing that thoughtful gifting is a universal approach.
The study also gives insights into the varying attitudes of consumers across Europe. Notable findings include;
o Nearly two in three (66%) Europeans will pay using card when shopping in-store
o When shopping online, consumers tend to favour using credit card (39%) or debit card (25%). Greece (60%) shoppers are the most last minute, waiting until only the last week before they start planning their festive shopping
o Britain is the best at planning ahead with almost 40% starting their shopping with a month to go
o While almost 90% of consumers in Sweden and France pay in-store using card
In addition to cash, other gifts deemed the most thoughtless by Europeans – and which retailers may want to avoid positioning as perfect presents – included a pet goldfish (52%), household appliances (35%), bed linen (26%) and bath products (26%).
Notes to editors
The research was conducted by Toluna across 17 countries: Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Russia, Spain, Sweden, Switzerland, Turkey, UK, Czech Republic, Greece, Hungary and Romania. 15,129 consumers were polled between October 1st and 15th, 2014.
MasterCard (NYSE: MA), www.mastercard.com,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.
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More than 32 fintechs, including 16 from the UK, appeared on the Financial Times’ 2021 FT 1000 list.
Image source: Sun Finance.
Fintech once again has a starring role in the Financial Times’ FT 1000 list of Europe’s fastest-growing companies, despite OakNorth being knocked from the top spot this year.
The alternative lender still ranked 111th, but with UK energy provider Bulb dethroning it from the No.1 position.
Among the list are more than 32 fintechs, including Latvian online lender Sun Finance ranked second place behind Bulb with revenue of over €101m in 2019 and a compound annual growth rate (CAGR) of over 750 per cent.
There were at least 16 UK fintechs on the list too, including Landbay (No.12, 2019 revenue of €9.1m, CAGR of 283 per cent), CrowdProperty (No.134, 2019 revenue of €1.9m, CAGR of 122.9 per cent), Capital On Tap (No.216, 2019 revenue of €82.8m, CAGR of 99.9 per cent) and LendInvest (No.902, 2019 revenue of €123.8m, CAGR of 39.4 per cent).
Across the continent, top fintech names to make the cut included Bunq (No.15, 2019 revenue of €8.8m, CAGR of 280 per cent), Scalable Capital (No.17, 2019 revenue of €7m, CAGR of 271 per cent) and Northmill Bank (No.666, 2019 revenue of €44.1m, CAGR of 50.2 per cent).
The discrete category of fintech accounts for 32 companies on the 1,000 company list, but when combined with financial services (which includes OakNorth and GoHenry) the number jumps to a total of 70 companies.
Technology remains the largest category of businesses overall, with 218 companies included, although all the companies we’ve listed above are not covered under this category.
According to the publication, an overwhelming majority of companies on the FT 1000 list in 2021 are here for the first time, with just 314 having appeared in last year’s ranking.
London remains the city with the greatest number of fast-growing companies on the list, 71, ahead of Paris (46) and Milan (36).
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Thailand reiterates its stance on banning all forms of e-cigarettes including selling and importing the products into the country.
Public Health Minister Anutin Charnvirakul said during the 20th National Conference on Tobacco and Health on Monday, August 29th, that electronic cigarettes and other new ways of tobacco smoking are a hidden danger in society, especially among youngsters and teenagers.
He mentioned a survey conducted by the National Statistical Office of Thailand in 2021 which reveals that more than half of about 80,000 e-cigarette smokers in Thailand were teenagers aged between 15 and 24.
“The results of the survey proved that e-cigarettes had created new smokers, especially among young people. They started smoking faster and were more likely to be affected by cigarette smoke, resulting in a negative impact on society, economy, and environment,” Anutin said.
The Minister also reiterated that Public Health Ministry under his three-year management had never supported and strongly prohibited the use and import of e-cigarettes in all forms.
“No matter what form of e-cigarette being advertised that they are harmless or cause no effect to health, the Ministry of Public Health didn’t buy such excuses and didn’t support e-cigarettes in any way. But those who were seen vaping were mostly carrying e-cigarettes that were illegally imported. Officials could only take legal actions against smokers if caught. And confiscations of e-cigarettes would continue to prohibit their sales online and in the black market,” he added.
Meanwhile, critics online immediately pointed out that Thailand recently decriminalized marijuana on June 9th but continues to take a hardline stance on vaping and shisha.


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Consumer Sentiment Rises In May In New York, Nationwide
Consumer sentiment is on the rise as more people are feeling better about the economy, according to the most recent Siena Research Institute poll.
New York's consumer sentiment rose more than three points, passing through the breakeven point where optimism equals pessimism. The jump has the state's current economic outlook sitting at its highest point in five years.Still, it pales in comparison to the eight point leap made nationwide.
Among those with the most confidence heading into June are Republicans and Upstaters, who rose 11 and six points, respectively.
Buying plans were down for the most part, with only major home improvements rising. Other buying plans, including cars, computers, furniture and homes fell.
SRI's founding director, Douglas Lonnstrom, says the gains are a sign that New Yorkers are more optimistic and are feeling better today than they have in a while.


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The requested news item does not exist. Please return to News
Monday, 9th January 2017 - JLL’s Retail Management team has been instructed by LaSalle Investment Management to manage The Glades shopping centre, Bromley (formally Intu, Bromley). The team have taken on the management of the centre from Intu after winning the instruction via a competitive pitch process. This follows LaSalle’s purchase of the centre on behalf of Alaska Permanent Fund in December 2016. Located in the centre of Bromley, the 500,000 sq ft shopping centre includes 150 retail units and has 1500 car parking spaces. JLL’s dedicated retail management team manage in excess of 100 shopping centres in the UK and this new instruction rounds off a successful 2016 for the team. Jordan Jeffery, Head of JLL’s Retail Management team, commented: “Managing a shopping centre such as The Glades, Bromley requires a deep understanding of the retail sector and the underlying shopping habits of consumers and how both are evolving in the current climate. We were successful in winning the instruction against stiff competition and now look forward to adding real value on this key regional shopping centre in the years to come."
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SolarCity stock is up 500 percent from its IPO price. There's a solar recovery happening that is not only lifting the industry’s dealers and installers -- the stocks of the leading panel manufacturers such as First Solar, SunPower and Yingli are also up 300 percent on the year.
Deutsche Bank reported that by the end of 2013, two-thirds of the world's markets could economically use solar without government subsidies. And this growth will likely continue for decades.
So, the good times are back?
Not so fast.
There is a dilemma in the numbers.
The industry’s growth has been based on continually declining prices for solar panels. Low prices are good for the installers, but bad for panel manufacturers. In fact, despite rising share prices, almost all of the module makers are still losing money. In China, the top solar manufacturers have a combined $16 billion in debt. Their bankers are beginning to believe they might never get paid interest and might even have to forego the principal.
So if growth is to continue, who is going to loan these indebted companies the money to build new factories? The panel makers need higher prices to return to profitability and pay back their debt, but the market needs lower prices to sustain its growth. What will give?
Having seen this before in the semiconductor industry, I believe the probable scenario is that we will split the difference. Prices will muddle along, moving slowly downward to maintain growth, and what little margin is eked out will be 100 percent consumed by debt payments. High growth with no profit means we could be entering an era of “profitless prosperity” for the solar industry.
A solution exists, however. The current solar manufacturing capacity was built years ago, but designed even further back in the era of solar hobbyists. Call this Solar 1.0, the megawatt era of solar.
With demand set to reach between 45 and 55 gigawatts next year, we are truly entering the era of Solar 2.0.
Now we just need factories designed for gigawatt capacity.
If this is done properly, manufacturing costs can decline fast enough to get margins back to the 20 percent to 40 percent range seen in the past. But it will require innovation -- not just in R&D, but also in factory design.
The problem is that the current solar factories expanded so fast that their owners did not really scale operations. To see how margins can increase through economies of scale, we need only look as far as other semiconductor-related industries such as flat-panel displays and integrated circuits. (By the way, solar is a semiconductor-related industry. A solar cell is merely a diode, which is a semiconductor device.)
Each of these industries has scaled by increasing substrate size. Flat-panel displays enlarged substrate size by over 50X, and integrated circuits by over 20X. What has solar done? Would you believe less than 2X? If these other industries scaled the way solar has scaled, there would be no iPhone 5, or any iPhone at all.
The solution is simple: scale, don't replicate.
Don’t just build more small, unprofitable production lines, but scale them up from their current 25-megawatt to 30-megawatt level to a 250-megawatt to 300-megawatt size. This is possible, but it takes some innovation in factory, equipment and process design.
Fortunately, innovation is an American strength. In fact, the U.S. is home to most of the world’s leading semiconductor equipment manufacturers. Maybe the key to the gigawatt-scale solar factories of the future resides not in China, but right here in Silicon Valley.
The reason scaling works is that these high-speed production lines would have 10X the capacity, 10X the output, but only 2X to 3X the cost. This math has been proven over and over again in flat-panel display and semiconductor factories. Not only is factory cost reduced, making financing easier, but production costs come down as well. The gigawatt-scale factory of the future is both the solution to profitless prosperity and an opportunity to bring solar manufacturing back to the U.S.
One huge challenge remains: Who will finance the development of these high-speed, gigawatt-scale factories?
The good news is that much of the research work has already been done by the flat-panel display industry.
Still, investment is needed, and many U.S. investors are sitting on the sidelines.
Unfortunately for the U.S., huge investments are being made in China. Over $100 billion has been allocated to solar development in Saudi Arabia. So investors will be found overseas, but at a heavy cost to America’s competitive infrastructure.
Can we really afford for other countries to control the energy source of the future?
Brad Mattson is CEO of thin-film solar company Siva Power.


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A new car carrier will be ready to hoist its sails to the wind. Literally. The Oceanbird, is being developed by a Swedish consortium that includes, among others, Wallenius Marine, KTH Centre for Naval Architecture and the naval technology developer SSPA.
The ship will see the light over the next four years. It will be powered by wind energy. The vessel will be able to carry up to 7000 vehicles and will have sails more than twice the height as those currently mounted on the largest sailing ships: 80 meters high, which can be reduced to 50 in case of bad weather conditions.
“The project demonstrates that zero emission shipping is an achievable goal. Just use the wind as the main energy source” said a spokesman of the Consortium.
The car carrier, 200 meters long, will, however, sail at a reduced speed and will take about 12 days to cross the Atlantic, five days longer than conventional vessels.
Interested shipping companies can order a Wind Powered Car Carrier by the end of next year. The project promoted by the Consortium will be financed by the Swedish Transport Administration.


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The restaurant scene is roaring back to life in the South Bay and a common theme among them is restaurants featuring a unique bar program paired to a dining menu equal in creativity. While the concept of bringing together your favorite bar with gourmet bar bites is no new feat, here are 15 top-notch gastropubs in the South Bay.
Archive for April 29th, 2008
Two weeks ago, I mentioned the rising cost of food around the world. It’s been a hot topic lately, and reports are becoming more grim. Costs are starting to hit home in our supermarkets, and warehouse retail chains are even beginning to restrict volume (20 pound) rice sales due to supply issues. Most sustainable food […]


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Retail billionaire Solomon Lew will look to appoint new directors to the “emaciated” board of struggling department store Myer following his purchase of $16.4 million worth of new shares.
On Tuesday, Mr Lew confirmed that he had purchased an additional 41.1 million shares in Myer at 40 cents per share, taking his investment company Premier Investments’ holdings from 10.6 per cent to 15.77 per cent.
The purchase, which was was made on Monday night, puts Mr Lew in pole position to instigate change at the department store, with his company now boasting a shareholding more than double the size of Myer’s next largest investor, Wilson Asset Management.
“We remain bitterly disappointed by Myer’s performance which continues to be disastrous for Myer’s many shareholders, employees, suppliers and customers,” Mr Lew said.
“In a market where innovative, experienced retailers are benefiting from rapid change, Myer continues to go backwards and its board is missing in action. Something has to change, and Premier has put itself in a position to make change happen.”
Myer shares jumped 14.8 per cent to 42 cents following the purchase, the retailer’s highest share price since last November.
Mr Lew has long been agitating for change at the struggling retailer after purchasing his initial stake for $101 million in 2017 and seeing it swiftly decline in value due to a series of management missteps and weak market conditions.
The billionaire rag trader has made three attempts since then to roll Myer’s board, the most recent of which was in October last year where he was successful in deposing the company’s former chairman Garry Hounsell.
Eight months on, Mr Lew is yet to hear from Myer’s acting chairman JoAnne Stephenson to discuss potential successors, a move which the retailer said “stunned” him.
“Neither the acting chairman nor any of the remaining directors have bothered to pick up the phone to the company’s major shareholder about reconstituting Myer’s emaciated board which is bereft of the retail experience, skills and talent required to turn the business around,” he said.
Mr Lew repeated his calls for the Myer board to immediately resign, saying if they did not Premier Investments would look to work with other shareholders to reconstitute the board with experienced directors so the company can “reverse its decline”.
Fund manager at Wilson Asset Management Oscar Oberg said Mr Lew’s purchase was a positive move for Myer. However, Mr Oberg said the fund’s position had remained unchanged since Myer’s annual general meeting last year, with the investor still supporting chief executive John King and the rest of the board.
“But we respect Solly very highly, and if the best retailer in the country wants to work with Myer and help them through this period, that’s a good thing,” he said.
At its full-year results last year, Myer reported a $172 million loss which was slammed as “disastrous” by the Premier chairman. At the half-year in February, the retailer’s fortunes appeared to improve slightly, reporting a $43 million profit, though this was aided by $51 million in JobKeeper subsidies.
Since then, the company has not updated the market on its performance and has stayed quiet, a move which irked some investors and analysts hoping for an update on the company’s search for a new chair and to hear how it was coping with recent lockdowns.
A Myer spokesman declined to comment.
The Market Recap newsletter is a wrap of the day’s trading. Get it each weekday afternoon.


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South Korean giant Samsung Electronics had been the major supplier of components to Apple until 2011, which is the same year when both companies entered into legal turmoil regarding infringement of patents. It used to manufacture A-series chips that power iPhones and supply NAND flash and DRAM memory chips. However, during later years TSMC grabbed the contract to produce A-series chips.
While A9 chip that powers iPhone 6S and iPhone 6S Plus was manufactured by both Samsung and TSMC, A10 fusion chip present in iPhone 7 and iPhone 7 Plus was solely produced by TSMC. Samsung has only provided DRAM chips for iPhone 7 models.
As the six-year long litigation is about to culminate, Samsung may again become a prime supplier of components to Apple in manufacturing next generation iPhone. According to several reports surfaced on the internet, Apple is ditching LCD panels in favor of OLED panels on upcoming iPhone. If it turns out to be true, Samsung which is the world’s leading OLED panel producer may supply display panels for at least one next iPhone models. The company is planning to build world’s largest OLED manufacturing plant.
Also, Samsung will also reportedly supply NAND flash and DRAM memory chips to the next generation iPhone. Samsung is also the largest NAND flash chip manufacturer in the world. Apple is expecting an overwhelming demand for the next iPhone, which is being released marking the tenth anniversary of the iPhone. So to avoid any demand and supply conflict, Apple should source components from a supplier who has the capacity to meet the demand. Eventually, Samsung is the most viable option for the American giant. Overall, Samsung is again set to become the prominent supplier of components for iPhone.


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|Bid||50.230 x 1000|
|Ask||50.240 x 1300|
|Day's Range||50.010 - 50.510|
|52 Week Range||38.300 - 53.140|
|PE Ratio (TTM)||21.84|
|Forward Dividend & Yield||0.76 (1.57%)|
|1y Target Est||N/A|
Alan Valdes, director of floor operations for Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss what stock sectors investors are buying as 2017 draws to a close.
As seen in its partnership with Symantec (SYMC), Oracle (ORCL) is a key player in the tech sector, which is dominated by cloud computing technology.
On December 11, Symantec announced that the primary cloud security components of its Integrated Cyber Defense platform are available through Oracle Cloud.
Oracle Corp. appears to be in a more predictable stage of its cloud transition, but those predictions haven’t lived up to expectations so far.
Oracle reports earnings for the second quarter of fiscal 2018 on Thursday, December 14 after market close. Here’s a look at what might be expected.
A transformative office project just outside downtown Austin is close to delivering its first phase. Oracle Corp. plans to begin moving employees into its new campus on Lakeshore Boulevard off East Riverside Drive on Jan. 8, according to the Austin American-Statesman . Close to 3,000 employees will be housed there to start, and that could grow by a couple thousand more, Scott Armour, senior vice president of Oracle Digital, told the Statesman.
On the whole, tech giants are poised to deliver “stable” revenue and profit in 2018, but two companies in particular are expected to be the main reasons for continued growth.
Shares of database upstart MongoDB (MDB) are down $1.25, or 4.3%, at $27.75, in late trading, after the company this afternoon reported fiscal Q3 revenue and profit that topped analysts' expectations, and projected results this quarter better than the consensus estimate. CEO Dev Ittycheria called the report "strong," and he touted rising demand for the hosted, cloud-based version of the database, "MongoDB Atlas," whose customer count rose by 37% to 2,600. MongoDB has positioned itself as, among other things, a cloud alternative to Oracle's (ORCL) database products, though Oracle CEO Mark Hurd has expressed skepticism the company can be much of a threat.
Oracle is scheduled to announce its Q2 fiscal 2018 results on Thursday, December 14. The company has reported a solid set of results in recent quarters, primarily driven by strong demand for cloud services.
Symantec saw its share make a handy gain to start out the week, after it was announced that the firm’s major cloud security components would now be available on the Oracle Cloud Marketplace.
Two schools of thought exist for Oracle Corporation (NYSE:ORCL) ahead of its second-quarter earnings report. On one hand, you have the innovative corporate spirit underlining ORCL stock. Some of the biggest names in industry utilize Oracle applications to manage and administrate their business.
Oracle CEO Safra Catz will join the Disney board of directors in February as the company pursues acquiring portions of 21st Century Fox (FOX) and searches for a new CEO. Catz said in a statement that she looked forward to working with the board in continuing Disney’s rich legacy of innovation, the L.A. Times reported . Disney (DIS) has not announced whether the new board members will replace current directors.


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YouTube is much closer to breaking even than widely thought, says a firm with intimate knowledge of global infrastructure costs. A widely publicized Credit Suisse report that said Google (s GOOG) would lose $470 million on the site this year neglected to account for factors such as peering traffic, wholesale bandwidth deals and cheap data center locations. Where the bank said YouTube’s costs will amount to $711 million in 2009, RampRate, a San Francisco-based company that advises large companies on IT infrastructure, says the actual cost is $415 million.
Given Credit Suisse’s revenue estimate for YouTube, that would give the site an operating loss of $174 million this year. If you use other people’s revenue numbers — for instance, Jefferies said $500 million — the site would actually turn a profit.
Here’s where RampRate sees YouTube saving money.
- Google uses peering for an estimated 73 percent of its bandwidth; Credit Suisse did not account for this at all. Peering is where ISPs trade traffic to reduce the cost of transit, and essentially means Google does not pay for that bandwidth. Google’s peering partners are known or thought to include Level3 (s LVLT) and AT&T (s T).
- By negotiating for additional paid bandwidth, Google can probably bring down costs to 50 cents per Mbps.
- From the report: “YouTube content is by definition ‘long tail,’ which means the storage it requires can be of a consumer-grade commodity quality. Google’s core competency is in managing commodity server/storage farms. At current rates, its servers likely cost no more than $500 apiece, and can add a sub-$100 1TB hard drive to produce a net cost of $.60/GB. Even with an aggressive 1-year refresh cycle, that is just 30% of the $2.35/GB projected by Credit Suisse.”
- Google also lowers its serving and storage costs by using out-of-the-way locations for its server farms such as Iowa and Finland.
RampRate extends its analysis to say that maintaining an illusion of massive losses for YouTube is actually beneficial for Google. The theory is, Apple let the market think that its music-selling iTunes business was just a money-losing front to sell iPod hardware, so was able to keep its own costs and customer prices low, and therefore became a dominant force in music sales online. Likewise, the second YouTube is thought of as a money-making bonanza, its ability to negotiate goes down, and the lawsuits pile up even more than they already have. “I believe they’ve been very smart in managing the P&L to their advantage to negotiate better deals with creators,” said RampRate chairman Tony Greenberg.
Google also gets to use the tremendous YouTube audience and bandwidth to negotiate better deals for its overall business. “Basically their access to broadband eyes gives them an unparalleled negotiating chip to get lower costs,” said Greenberg. And further, through YouTube Google is able to broach new expansion initiatives like edge caching and co-location with the same ISPs.
From the report:
“Far from being an infrastructure money pit, YouTube is key to reducing
operational costs for other Google initiatives while also allowing Google to catch up to the superior
network performance of competitors like Microsoft (s MSFT), which currently boasts 10 times as many peers and 17% fewer hops to remote reaches of the Internet.”
Is RampRate right that Google’s non-monetization of YouTube is really a ploy? A scheme that conniving sounds a bit too much like a conspiracy theory. But we’ve seen via YouTube’s growth as a search engine how the site relates back to Google’s core business. Perhaps it fits neatly into the infrastructure expansion business as well.


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Top hundred cryptocurrency
In this new report we'll share the biggest trends in the crypto space happening right now in Financial institutions and large corporations have traditionally viewed the cryptocurrency ecosystem with skepticism. After years of hand wringing, large scale funds are going all-in with crypto. While this amount is still peanuts compared to the overall asset management industry, future regulatory clarity could help in bolstering this number. In addition, Square and MicroStrategy somewhat shocked the business world by placing portions of their cash reserves in bitcoin.
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- Top Cryptocurrency Trends for 2022-2025
- Cryptocurrency Price List
- This is how the top cryptocurrencies performed in 2021
- Top 100 Cryptocurrency by Market Capitalization
- More than Half of Top 100 Cryptos Have No Utility: Report
- Tales from the crypto: lira crisis fuels Bitcoin boom in Turkey
- Here's how much money you'd have if you invested $1,000 in 4 of the top cryptocurrencies this year
- Live Crypto Prices and Cryptocurrency Market Cap
- Bitcoin Rich List
- 81 of top 100 companies use blockchain technology, Blockdata research shows
Top Cryptocurrency Trends for 2022-2025
If the only cryptocurrency in your mind is Bitcoin, think again. There are more than a hundred cryptocurrencies in the market right now that are showing tremendous growth potential. And if you have decided to invest in the coming week, the crypto market is under correction, making it an ideal time for novice investors. The transfer time is immediate, and XRP can be exchanged for many other currencies without any fees and wait times. This cryptocurrency cannot be mined either as there is a finite supply of coins — billion.
The main usage of Stellar is to connect financial institutions with blockchain technology and establish cheaper transactions. Instead of a traditional mining network, Stellar uses a federated byzantine agreement algorithm FBA for transactions. This results in quicker transactions compared to other blockchain-based transaction algorithms. Popular in Japan, Cardano works on a blockchain network and like other cryptocurrencies, it can be used for direct value transfer.
What gives this cryptocurrency a boost is a future possibility of handling smart contracts, which means developers will be able to make applications around its system. Launched in as a joke, the reason Dogecoin was created is to satirize the buzz around altcoins by making the doge meme into a cryptocurrency.
The joke soon took a turn and now Dogecoin is one of the prominent cryptocurrencies in the market. Dogecoin has faster transactions compared to other blockchains, with 1-minute block intervals.
Since there is no limit to the supply of this coin, Dogecoin can inflate infinitely. Algorand works on a proof-of-stake blockchain that supports smart contracts. The PoS protocol enables users, who are selected on a random basis, to propose blocks and vote on proposals. To make a transaction using IOTA, the user must make two previous transactions on the web, and the speed of the transaction depends on the number of transactions taking place.
Tezos blockchain system was one of the first ones to use a proof of stake system, swaying away from the proof of work system that is used by the Bitcoin blockchain. The Dapps feature makes it similar to Ethereum, the second-highest valued cryptocurrency.
Launched on Ethereum, Tron moved to its own blockchain in and now, it is a direct competitor to Ether. The way NEM works is different compared to other cryptos.
Cryptocurrency Price List
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This is how the top cryptocurrencies performed in 2021
More than of coins are presented here. The default setting shows prices in USD and sorts crypto assets based on the market capitalization. The key metrics such as the closing price, total and available number of coins, traded volume and price change percentage are all available at a quick glance. Check out the Performance tab to analyze the volatility and evaluate the performance of a particular crypto asset by selecting different time periods. Numerous technical indicators in the Oscillators and Trend-Following tabs can help you determine the trend direction and see what the current market situation is. Get started. This is your go-to page to see all available crypto assets More than of coins are presented here. Binance Coin. USD Coin. Wrapped Bitcoin.
Top 100 Cryptocurrency by Market Capitalization
Decentralization is a watchword of crypto. One of the things said to commend cryptocurrencies is that the blockchain-based peer-to-peer networks that run them are decentralized, residing outside the control of any single authority. This claim that cryptocurrencies are decentralized in their organizational structure is overstated because the peer-to-peer networks that run them can themselves act as central authorities. True, these peer-to-peer networks feel freer and easier than the usual authorities and trusted third parties of conventional finance, such as banks.
More than Half of Top 100 Cryptos Have No Utility: Report
Other cryptocurrency prices have also fallen sharply and price rebounds in some cases have failed to hold. With the cryptocurrency markets experiencing extreme volatility in recent weeks, are you trying to decide what crypto to buy now? It can be daunting in such an environment to choose which coins to invest in. Should you stay on the sidelines and wait for the market to stabilise? In light of recent price volatility, the top five cryptocurrencies to invest in include coins and tokens that have clear use cases that should drive their adoption over the long term. The short-term outlook is somewhat bearish according to CoinCodex, with 15 technical indicators giving off bearish signals compared with 14 bullish signals.
Tales from the crypto: lira crisis fuels Bitcoin boom in Turkey
Thursday brought continued uncertainty to Wall Street, as investors kept trying to consider the ramifications of the Federal Reserve's latest meeting for the stock market and the economy. Cryptocurrencies continued to lose value, extending declines from all-time highs several months ago. As the tug of war between crypto bulls and bears goes on, though, the more important question of how average investors perceive the digital asset market remains unanswered. The drop in Bitcoin can be a double whammy for Bitcoin miners. First, they make their revenue in Bitcoin as compensation for providing mining services to the network. So when Bitcoin goes down, their revenue goes down as well without any real offset to their costs. Given the high levels of fixed cost associated with mining, we could see net income drop dramatically if the current Bitcoin trend continues.
Here's how much money you'd have if you invested $1,000 in 4 of the top cryptocurrencies this year
From just two companies — PayPal and Walt Disney — engaging in blockchain in , blockchain technology adoption has grown exponentially. Of the 81 companies, 65 are actively developing blockchain solutions, while 16 remain in a research phase. Microsoft, Amazon, Tencent, Nvidia, J. Building blockchain infrastructure for multiple use cases that include finance or supply chain management has been a key trend.
Live Crypto Prices and Cryptocurrency Market Cap
The DeFi List. Read on the DeFi Pulse Blog. Maker Dominance. DeFi Pulse Index.
Bitcoin Rich List
There are thousands of cryptocurrencies in circulation today, which can make it confusing and overwhelming for first-time users to know exactly which cryptocurrencies to put their trust in. To stay afloat on the cryptocurrency boat, it is necessary to stick to a few tried and tested ones before you begin to look at other relatively unknown cryptocurrencies. The big daddy of it all, Bitcoin is the original cryptocurrency created in by someone or some group under the name of Satoshi Nakamoto. As with most cryptocurrencies, Bitcoin runs on a blockchain, which is a network of thousands of computers that verifies transactions in real time without any middleman. With additional concepts like proof of work built in, Bitcoin is secure and safe from any hacking attempts. Ethereum is a blockchain network with Ether or ETH as its native token, and it is commonly referred to as a cryptocurrency too.
81 of top 100 companies use blockchain technology, Blockdata research shows
You might be using an unsupported or outdated browser. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 5, different cryptocurrencies in circulation. A cryptocurrency is a medium of exchange that is digital, encrypted and decentralized.


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How Was Business This Summer?
Most tourism segments rose, not so much with retail.
When surveyed, travelers have typically said they spent the most money shopping. That may not hold true in the new economy. While other segments of the travel and tourism have rebounded, retail has not.
“Retail is still a challenge,” Cape Cod Chamber of Commerce CEO Wendy Northcross said. “Good weather hurts it and we’ve had very good weather.”
That’s true for general retail. What about specialty stores, art and antiques?
“People aren’t investing in art,” Northcross said. “Antiques are down everywhere. Anything called artisan is becoming a big segment, though.”
Another piece of the challenge comes with the biggest group of spenders - the Baby Boomers.
“The average Baby Boomer has all the stuff they need,” Northcross said. “They’re renting storage space for it so they can pass all that stuff along.”
So what do they spend money on?
“Other than high tech, anything experiential,” Northcross said. “Rather than more stuff, people want an experience.”
On the Cape that means spas, whale watching, dune buggy tours, sailing tours, flying lessons. When Northcross travelled recently to Kenya, she went up in a hot air balloon and loved it.
Maybe some enterprising individual will set up a hot air balloon operation at the Marstons Mills air strip for the tourism season 2013.
Do you work in retail or the hospitality industry? If so, how was your summer? Did your business do better this year than last year? Tell us in the comments section.


text: Colorado will now start allowing recreational marijuana sales on January 1 to anyone age 21 or over. The law states that residents will be able to buy marijuana like alcohol. The only catch is that the cannabis purchase is limited to an ounce, which cost’s about $200. Colorado will be the first state in the United States to open recreational pot stores and become the first place in the world where marijuana will be regulated from seed to sale. Weed is the third most popular recreational drug in America, after alcohol and tobacco, according to the marijuana reform group NORML. The Marijuana sales will have a 25% tax and with the normal 2.9% state tax. This has to do with government because it the government executing its powers. The powers include legalizing the Marijuana and taxing it to make money. The taxation of weed will generate about $67 million dollars a year and $27.5 million will be set aside for public schools.


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Drop in unemployment rate makes 2014 best year for labor market since 1999.
Payments processor reports highest spending levels since last summer.
The $358 million Cornerstone Community Federal Credit Union in Lockport, N.Y., has signed a 12-year agreement for the naming rights to a new 93,500-square-foot community sports arena.
The $358M New York credit union gets exterior naming rights, signage, an ATM and special member nights.
Rye, N.Y., credit union merges 473-member former Dressmakers Credit Union to add to its Big Apple presence.
Jeff Russell may have started working with credit unions as a college freshman simply because the position at The Members Group paid better than food service, but the president/CEO of TMG Financial Services has since become credit unions' biggest advocate.
Even though the weekend after the Thanksgiving holiday last year had pretty strong sales volume, card processor First Data reported that the same weekend this year posted even stronger sales gains.


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After spending the complete month of March at a loss, the downtrend in Grayscale Bitcoin Trust premium has prolonged. At the time of publication, the premium stands at -11.45%, close to its all-time low at -14%.
In distinction, the Canadian Purpose Bitcoin ETF had an almost month-long streak at document influx ranges begging April. Comparing the info, GBTC at a discount, and the expansion within the BTC ETF, there’s a pattern in traders favoring the latter.
— Eric Balchunas (@EricBalchunas) April 2, 2021
Unlike different monetary merchandise, GBTC shares can’t be freely traded. They should undergo a 6-month “lock-up” interval. Although they offer publicity to the worth of BTC, stakeholders’ technique to revenue relies on the premium, as analyst Ben Lilly factors out:
30% return is fairly spectacular, and pure financial pressures ought to deliver this premium all the way down to 0%. Yet, for some cause we simply haven’t seen that occur but. That’s due to the way in which it operates and no different possibility being out there.
If after 6 months, the GBTC premium is excessive, it may be offered for a big share of earnings. Otherwise, losses might be simply as steep.
Grayscale traders have began to precise discontent. Investment agency Marlton issued a press launch on April 6, to name for Grayscale to take “immediate action to address GBTC’s significant discount to net asset value” (NAV).
Marlton’s knowledge signifies that GBTC’s premium discount represents an estimated $3.1 billion in losses to stockholders. The agency has known as for a modification to the inventory buying and selling mechanism that might enable them to promote or purchase shares at particular costs and at a particular time.
As Ben Lilly factors out, the arrival of recent choices to realize Bitcoin publicity in Canada seems to be hurting GBTC. Researcher Jan Wuestenfeld helps this thesis:
(GBTC) buying and selling at a discount because the starting of march and their Bitcoin holdings have been stagnating. It seems like with new options coming to the market traders would possibly flip to different merchandise to get publicity to Bitcoin.
High demand for Bitcoin-based regulated monetary merchandise
The above signifies a transparent demand from establishments trying to purchase exposition to Bitcoin. In parallel, the Security and Exchange Commission (SEC) is beneath quite a lot of strain to approve a Bitcoin ETF. The Commission has obtained over 6 petitions to approve a Bitcoin ETF within the U.S. in beneath four months.
The discount within the GBTC means that traders are favoring merchandise with higher buying and selling mechanisms. The efficiency of Canada’s BTC ETF could create much more strain for the U.S. regulator.
Senior Commodity Analyst for Bloomberg, Mike McGlone, sees a significant inflection level by way of adoption. New Bitcoin-based monetary merchandise could create a brand new “rising tide” from establishments and people traders attempting to not “miss out on the potential for Bitcoin”. McGlone claimed:
(…) we see rising potential for 2021 to mark a migration milestone into conventional funding portfolios. Publicly traded cryptocurrency funds’ property, dominated by Bitcoin, have surged to virtually $60 billion as of March 25 from lower than $10 billion in October. Growth has been pushed by each rising inflows and skyrocketing costs for the funds’ underlying holdings. A U.S. Bitcoin ETF, on the again of latest launches in Canada, would seemingly speed up enlargement.
BTC is buying and selling at $57,948 and is displaying average good points within the 24-hour chart at 3.5%. On the 7 day chart, BTC remains to be transferring sideways.


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Awesomeness TV was once the digital media darling, under the wing of Hollywood-acclaimed kids-entertainment producer Brian Robbins, and supported by Dreamworks’ former studio boss Jeffrey Katzenberg. Now the brand is in distress, as VideoInk has reported. VideoInk has now also learned that one of Awesomeness TV’s earliest senior employees, Brett Bouttier, has departed.
Word of Bouttier’s likely departure began circulating shortly after Jordan Levin was inserted into the CEO role upon Robbins’ exit in February 2017. Sources at the time claimed that it was a snub to his tenure at the business for Robbins to not pass the baton to Bouttier; others claimed Bouttier was happy to not have the role and was eyeing the right time for his next move.
Industry insiders claim Bouttier has raised financing for his next venture and parted on “good terms” with the company after 6 years. Attempts to reach Bouttier were unsuccessful.
Aside from Bouttier, there aren’t many AwesomenessTV veterans left at the business. In addition to AwesomenessTV co-founder Brian Robbins, who joined Paramount to lead a new production unit for the Viacom-owned studio, Jeffrey Katzenberg has also dissociated with the company. He is now working with Meg Whitman on building a new premium mobile-first video product currently under the guise “New TV” — a business said to be taking the model he constructed with Verizon’s “Made for Mobile” group and adopting it as his own. It is said to be buying 10x10s but is having trouble closing financing for the platform. It’s lead investor WNDRCO has already raised over $800 million, according to a report. While details are still unknown about Bouttier’s next move, AwesomenessTV has a host of other issues at hand to solve before replacing his role.


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Exeter Township, PA
A retail theft took place in the Walmart store in Exeter Township.
The suspect in the photos reportedly stole a television and other items on multiple occasions totaling $435.00.
If you recognize the suspect in the photos, please contact the Exeter Township Police Department at 610-779-149 and reference case # 19-5100.
You can also remain anonymous and contact Crime Alert Berks County at 1(877)373-9913


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Cells at Work! Franchise Gets New Game by NetEase
posted on by Egan Loo
The streamed "Joint Cells at Work! Station" program announced on Sunday that the Chinese developer NetEase Games (Knives Out, Identity V) is producing a new game in the Cells at Work! franchise. The staff will announce more details later. The franchise already had a smartphone game app in 2019, but it ended service last January.
The voice cast members of both ongoing anime, Cells at Work and Cells at Work! Code Black, will appear at another joint event, "Issho ni Hataraku Saiten" (Joint Festival at Work!), at Tokyo's Olympus Hall Hachiōji on May 23. People who buy the first Blu-ray Disc/DVD volume of either anime will receive a form to apply early for tickets to the event.
Akane Shimizu's launched the original Cells at Work! manga in the March 2015 issue of Kodansha's Monthly Shonen Sirius, and Kodansha shipped the fifth compiled volume in Japan in August 2017. Kodansha Comics is publishing the manga in English, and it shipped the manga's fifth volume in English in November 2017. The sixth volume will ship in Japan on February 9. The manga will end on January 26.
Kodansha Comics describes the story:
Strep throat! Hay fever! Influenza! The world is a dangerous place for a red blood cell just trying to get her deliveries finished. Fortunately, she's not alone... she's got a whole human body's worth of cells ready to help out! The mysterious white blood cell, the buff and brash killer T cell, the nerdy neuron, even the cute little platelets -- everyone's got to come together if they want to keep you healthy!
Shigemitsu Harada and Issei Hatsuyoshiya launched the Cells at Work! Code Black (Hataraku Saibō Black) spinoff manga in Morning and the Weekly D Morning digital manga magazine in June 2018. Kodansha published the manga's seventh compiled book volume in September 2020. Kodansha Comics published the sixth volume in English in October 2020. The manga will end on January 21.
The first television anime of the original manga premiered in July 2018 and aired for 13 episodes. Aniplex of America streamed the series on Crunchyroll, and Funimation added the show in February. The company released the anime on Blu-ray Disc with an English dub in August 2019. A new anime special aired in December 2018, and Crunchyroll is streaming the special.
The Cells at Work! Code Black manga inspired a television anime that premiered on January 9. The anime has a separate staff and cast from Cells at Work!! (with two exclamation points), the previously announced second anime season of Akane Shimizu's main Cells at Work! manga. The second Cells at Work! anime season also debuted on January 9.
Source: Animate Times


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Samsung reportedly canceled Galaxy M41 to give priority to Galaxy M51, according to a rumor
Samsung may have decided to end the development of the Galaxy M41, according to information obtained by the South Korean industry. The details point out that the plans to use an OLED screen provided by the company CSOT did not go ahead.
We already talked about the Galaxy M41 here on TudoCelular: it would be the first intermediate smartphone from Samsung with a display manufactured by another company since Samsung itself uses the company’s screen division to reduce the costs of its devices.
Thus, instead of presenting the M41 that was planned for this month of June, which would have a 6.67-inch display of OLED technology manufactured by CSOT (against the 6.4 “LCD screen of the M40 manufactured by Samsung), the company should replace it with its debut with the new Galaxy M51.
The intermediary is also known to TudoCelular. He showed up last week in a benchmark record confirming that he is the model number SM-M515F with Android 10 and SM6150 chipset, better known by the trade name of Snapdragon 675, one of Qualcomm’s main intermediary platforms.
Sources point out that the M51 will offer a Super AMOLED screen manufactured by Samsung itself (plans to arrange another supplier may have ended with the M41 itself) with Full HD + resolution, biometric reader under the display, generous 5,000 mAh battery and more that you can read here. There is still no forecast of the global announcements.
👇 More in NUpgrade
- HyperX Showdown is a new series of game events that will bring together celebrities and athletes
- Arriving! Jump Force Deluxe Edition brings manga meeting to Switch in August
- Call of Duty Modern Warfare season 4 is revealed and brings Juggernaut to Warzone
- Resident Evil series has sold over 100 million copies
- Discover the PS5 accessories: camera, charging station, headphones and remote control


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J&M Sanitation, a family-owned waste and recycling business serving Kuna, Idaho, announced March 2 that it has deployed two all-electric Class 8 refuse trucks to service its collection routes.
The trucks are the first battery-electric, zero-emission vehicles in Idaho, according to the company, and are two of only 10 in North America.
The trucks were designed and manufactured by Shenzhen, China-based BYD, a publicly traded company that has a U.S. office in Los Angeles and a fabrication facility in Lancaster, California.
The BYD 8R heavy-duty trucks feature the company’s proprietary electric propulsion system designed specifically for refuse collection. With 295 kilowatt hours of battery capacity, the trucks are built to support a full day’s operations. The cabs, chassis and propulsion systems were built by BYD and are equipped with 31-yard automated side-loader bodies made by Amrep, Princeton, New Jersey.
The trucks feature an all-Hardox 450 body shell that offer an exterior four-times stronger than ordinary mild steel grades, while weighing 20 percent less than a traditional refuse truck, the company says.
J&M Sanitation trucks run each weekday, each serving about 800 Kuna homes, resulting in 1,065 lifts of the arm daily and approximately 18 tons of refuse collected. Without charging, each of the trucks can return following a completed route with 18 percent remaining state of charge (SOC). J&M plans to utilize opportunity charging—plugging in during routine downtime—to maintain additional SOC throughout their routes.
“Our company made this investment to not only serve the community we love, but also preserve the community,” Chad Gordon, operation manager at J&M Sanitation, says. “We are a small, family-owned business. We care enough about our environment that we wanted to make the switch to zero-emission, electric vehicles. It is time for our industry to make changes to help preserve the natural beauty of our world. We can make a difference and we wanted to be a catalyst for change.”
“As the waste management industry seeks to provide zero-emission trucks for the communities they serve, J&M Sanitation is demonstrating with BYD that battery-electric trucks are ready to fully support their operations,” Aaron Gillmore, vice president of truck business at BYD, says. “Our trucks are hard at work every day, proving that electric is the new standard.”
BYD electric trucks operate cleaner and quieter, with fewer moving parts than carbon-burning trucks. With fewer vibrations than conventional vehicles, the BYD trucks can also provide the operator with a better driving experience, the company says.
“As a small, family-owned company, we were able to make the change from diesel to the electric waste removal vehicles long before legislation mandated the change,” J&M owner and CEO Tim Gordon says. “I want to encourage legislators from across the country and government officials from the [U.S. Department of Energy] to consider legislation that encourages other waste removal companies to make this change sooner. If a small company like ours can make the change, larger companies can too.”


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Arie (Yoki) Giniger, head of scientific development at Taburit Group, said Middle Eastern beauty continued to pivot on local ingredients, notably Dead Sea minerals and medicinal plants. What had changed was that brands were now working to back these actives with science and supported claims, particularly startups, Giniger said.
“Currently, Israel has become a startup nation, and thus new materials and new technologies are the basis for new products and skin care devices,” he said.
But, as new product development efforts advanced, sustainability had to remain a central priority, he said. “Life on our planet is encompassed in two contradictory time cycles. On one hand, we have the extremely fast technological cycle that introduces new materials and technologies, and these are to be adapted by the extremely slow biological cycle affecting life, vegetation, ecology etc.”
Whilst it was “very difficult” to balance this, it was important the cosmetics industry and governments worked hard to do so, he said.
Dr Mohammad Baghaei, founder of the Dr Baghaei Cosmetic Academy in Iran, said moving forward, innovations in the Middle East would likely play into the growing new trend of dermocosmetics.
“For acne, hyperpigmentation and wrinkling, today, the dermocosmetic products are very, very present here.” Baghaei said.
And as NPD efforts in this space advanced, he said there would be movement towards organics, local herbals – Iranian and Persian – and smart delivery systems.


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Volkswagen jumps on used car bandwagon
Nov 08, 2012 By BS Reporter
Das WeltAuto - the brand's globabl pre-owned car business is now in India
Skoda to enter pre-owned car business
Aug 14, 2012 By Sharmistha Mukherjee
Plans to enter the pre-owned car business by the end of the financial year
Drive your dream petrol car as prices dip in second-hand market
Mar 21, 2012 By Swaraj Baggonkar
A series of rises in petrol prices and improved demand for diesel models has led to a free fall in rates charged for petrol-powered sedans and SUVs in the used car market.
Volkswagen to drive into used car market
Apr 19, 2011 By Probal Basak
After BMW and Mercedes-Benz, German auto maker Volkswagen is set to enter the used car segment in India.
Used-car market: What is attracting OEMs?
Feb 03, 2011 By Arun Singh
Increasing number of people opting for second hand cars
Reva-I races into city's used car market sans formal launch
Dec 28, 2010 By Sohini Das / Mumbai/
While Mahindra & Mahindra(M&M) is in no mood to bring in the Reva-I to Gujarat anytime soon, the car is already available in the used car market in Ahmedabad.
Mercedes & BMW used car business soon
Jun 28, 2010 By Yogima Seth Sharma
German luxury car makers keen on entering the used car market in the country


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According to the results of a recent survey of 102 financial organizations and 151 retail organizations in the U.K., 35 percent of respondents said it would take more than two days to detect a breach of their systems.
The survey, conducted by Atomic Research and sponsored by Tripwire, also found that 24 percent of respondents have already suffered a data breach that exposed personally identifiable information (PII), and 36 percent of respondents said they don't have confidence in their security incident response plan.
Four percent of respondents said they're not confident at all that their security controls can detect malicious applications, and fully 51 percent said they're only somewhat confident.
Sixty percent of respondents said the Target breach had increased the level of attention executives now give security in their organization.https://o1.qnsr.com/log/p.gif?;n=203;c=204660766;s=9477;x=7936;f=201812281312070;u=j;z=TIMESTAMP;a=20392931;e=i
"It is great that recent breaches have increased cybersecurity awareness and internal dialogue," Tripwire CTO Dwayne Melancon said in a statement. "However, the improved internal communication may be biased by a false sense of security. For example, 95 percent of respondents said they would be able to detect a breach on critical systems within a week. In reality, nearly all of the recent publicly disclosed breaches have gone on for months without detection."