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Tesco has partnered with “zero-waste shopping platform” Loop to offer delivery on 150 items via reusable containers. The UK’s largest supermarket has launched a year-long trial with Loop, a startup…Read More
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22/10/2021 7:15 AM
Rapid grocery delivery has been one of the pandemic’s biggest winners, with the industry growing exponentially over the last 18 months and brands including Getir, Weezy and Gorillas all taking…


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Mobile Phone Market Trends in 2023
In the fiercely competitive mobile phone market of 2023, industry giants like Apple and Samsung continued to dominate, while domestic manufacturers maintained their strong presence. According to the latest report from the market research firm IDC, the global smartphone shipments in 2023 reached 1.17 billion units. Interestingly, Apple surpassed Samsung, securing the top position for the year with a 20.1% market share, ending Samsung’s dominance in annual shipments since 2010. Furthermore, three Chinese brands made it to the top five, with OPPO securing the fourth position, maintaining a steady performance.
Reflecting on Apple’s high-end strategies in 2023, despite the controversies surrounding the launch of the iPhone 15 series, such as the standard version retaining outdated features like 60Hz display and 20W charging, and the underwhelming performance of the A17 Pro processor in the Pro version, Apple’s dominance in the high-end market remained unshaken. Particularly in China, the smooth and stable iOS ecosystem continued to attract consumers, with the iPhone 15 and even the 14 series maintaining their leading position in the high-end market.
Turning to the other players, the surprise came from the Chinese brand “Transsion,” which unexpectedly secured a position in the top five for the year, surpassing one of its domestic competitors with an impressive annual growth rate of 30.8%. For those unfamiliar with Transsion, it is a Shenzhen-based mobile company whose phones are as popular in Africa as iPhones are in China, thanks to Transsion’s excellent localized services, which have endeared the brand to the people of Africa.
In addition to Transsion, the domestic manufacturer OPPO also achieved remarkable success in 2023, securing the fourth position globally with a market share of 8.8% and a shipment volume of 103 million units. A significant factor contributing to this outstanding performance was OPPO’s “dual-flagship strategy” of both traditional and foldable flagships introduced in 2023. According to IDC’s data, OPPO’s foldable smartphones held a strong lead in the foldable screen market with a 35% market share in the first quarter of 2023.
When we look at specific products, especially the Find N2 Flip and Find N3 Flip small foldable phones, they performed exceptionally well. According to Counterpoint data, in the first half of 2023, OPPO’s foldable screen phones claimed a 20% market share, with the Find N2 Flip significantly leading the domestic small foldable screen phone market with a 31% share. Overall, OPPO’s achievements in the foldable screen market have been quite remarkable.
Looking at traditional flagship models, the early 2023 release of the Find X6 series flagship, emphasizing imaging quality with the introduction of “Super Imaging Triple Cameras,” along with enhancements like the Super Imaging Engine and Hasselblad colors, elevated the phone’s image capabilities to new heights and exceeded market expectations. With the recent release of the Find X7 series flagship, featuring a rare quad-camera setup with dual periscope zoom, a new generation super imaging system, dual-mode satellite communication, and a top-notch 2K diamond screen, OPPO once again raised the bar for flagship smartphones.
Looking ahead, as manufacturers shift towards new directions such as AI large models, satellite communication, and foldable screen phones, the competition in the mobile phone market will become even more intense and exciting. To stand out among the many excellent domestic flagships, strong capabilities are essential. We look forward to Apple, OPPO, and other mobile phone manufacturers bringing more amazing products in 2024.

domain: news


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Kansans are extra excited about March Madness this year with all three schools sending teams to the NCAA Tournament. The WSU Women are about to make their first ever trip to the NCAA Tournament, joining the Shocker Men, along with the Jayhawks and the Wildcats. And that many Kansans dancing the big dance is good news for local retailers.
"It's awesome. It just says a lot for our state and our sports in Kansas," said Shocker and Wildcat fan Darrin Cox. "I think sometimes we're overlooked."
Kansas sports fans like Cox and his family are in basketball heaven. They're proud of all three of their state's teams, even the one they don't usually like.
"And we will root for KU. It's a pretty tough pill to swallow, but we will do it," laughs Cox.
They're ready to spend some money to show their pride, too.
"It's March Madness," said Tad Snarenberger, owner of Tad's Locker Room. "We're lucky cause all three teams are in, Wichita State, K-State, KU."
"We are definitely getting ready for the tornado that will come from the tournaments," said Christy Lowery, who works across town at the Sports Time Fan Shop.
From Tad's Locker Room on the eastside to the Sports Time Fan Shop on the west, stores are stocking up and selling out of Jayhawk, Wildcat and Shockers gear.
"Fans have been asking for it a lot," said Snarenberger. "Our Facebook page has been lit up, a lot of people on Twitter have been talking about it. There's just a lot of excitement going on. Especially with Wichita State. They want to see us go a little farther than we did last year, so anticipation is high."
"Even people that aren't normally basketball fans, you know?" said Lowery. "You get WSU in the tournament and all of a sudden they're basketball fans."
One trip wasn't enough for Jayhawk fan Sharon Larsen. She had to come back for more over her lunch hour.
"I was here Friday picking up my Number Nine shirt for myself," said Larsen. "Then, when they won over the weekend, thought I'd better come back and get the real deal."
Several stores told eyewitness news while they have plenty of WSU, K-State and Kansas gear in general, they're still waiting on deliveries of tournament specific items. They hope to have those in Tuesday or Wednesday at the latest.
Some fans have said they hope the teams from Kansas hang in there long enough to face each other. And to help out many are planning to travel with the teams.
"At this point in time we're not sure how we're going to get there, but we're going to get there." said Diane Fletcher, a Shocker fan.
She's among many who plan to support their team through March Madness, no matter the cost. And that cost could be high.
As soon as they knew their team was in Shockers fans started making plans.
"The problem is, we all didn't know where we would be going until just last night," said Fletcher.
But she's determined to go to Salt Lake City, Utah, somehow.
"We need to be there to support our team," she said.
If you're a die hard Shocker fan and want to follow your team to Salt Lake City this week it is going to cost you time or money, maybe both.


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Primex Design and Fabrication, a subsidiary of Richmond, India-based sheet extruder Primex Plasics Corp., is investing a total of $1.3 million in a new digital printer project, including staff training to expand its product line.
Primex will use the new equipment “to enhance products we previously made, such as point-of-sale displays, retail and food distribution packaging, signage, shipping containers and pouches,” said Doug Borgsdorf, Chief Commercial Officer of Primex in an email to Plastics News. “All of this is based on our sustainable and returnable packaging solutions.”
“The ability to digitally print our products will greatly enhance our customers’ ability to mark while protecting their valuable parts,” added Borgsdorf.
The company expects the project to create six new full-time jobs.
“We have a group of employees who are embracing the technology,” Borgsdorf said in a July 12 press release from the Economic Development Corp. of Wayne County, Indiana.
The company will receive a $20,000 economic development grant from EDC that it can use to purchase new equipment or provide training for new and existing employees.
“These EDIT funds will go directly to training and developing our amazing team to ensure a sustainable future for our community,” Borgsdorf said in the statement.


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Home Tags Gen z
Tag: gen z
They're roughly ages 5-24 – and their classrooms are very different from those of their millennial and Gen X parents. Find out more about how Gen. Z learns.
That's according to new findings on the marshmallow test, a long-standing study of young kids. What's changed, and how can parents teach kids self-control?


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eBay announced today that its millions of users should immediately reset their password.
The popular online marketplace stated in a press release the reason was caused by “a cyberattack that compromised a database containing encrypted passwords and other non-financial data.” eBay noted that they conducted several tests and confirmed that there was no evidence that the hackers claimed your financial or credit card information.
Apparently the breach happened between late February and early March and was access by “a small number of employee log-in credentials” where they then gained access to the database, which stored customers’ name, encrypted password, email address, physical address, phone number and date of birth.
eBay suggests all users reset their passwords and to cover themselves they’ll be sending out notifications via email, its website, and social channels as a reminder. “We know our customers trust us with their information, and we take seriously our commitment to maintaining a safe, secure and trusted global marketplace.”


text: New automated credit card payment capabilities expand to the largest Latin America business travel market. The solution streamlines settlement of hotel reservations for TMCs, as showcased at this week’s LACTE conference with new integration to Brazilian Reais and fully supports a Portuguese language user experienceSAO PAULO, Feb. 24, 2015 – Sabre Corporation (NASDAQ: SABR), together with payment services partner Conferma, announced the upcoming release of Sabre Virtual Payments, a software solution enhanced with customized capabilities and built with the most secure payment card technology available in Brazil. The initial launch, planned for early April, will support hotel bookings and is designed to support an increasingly complex segment within corporate travel programs: solving the need to manually reconcile bookings against payment by fully automating this process, thus resulting in substantial efficiency and cost savings for travel management companies. Available for GetThere customers, Sabre’s software solution also enables transactions to be processed in Brazilian Reais, thereby avoiding exchange fees that would otherwise be charged to cards issued in foreign currencies. Sabre Virtual Payments is a seamless form of payment that allows agencies, TMCs and corporations to deploy single use virtual credit and prepaid card numbers, securely created at the time they shop and book for hotels both online and offline. The unique virtual card number provides stronger fraud protection and is PCI compliant, while also securing control on the exact charged amount of any single transaction. As featured at the 10th LACTE annual conference in Sao Paulo this week, Mastercard is the first partner to provide the solution. In addition to increasing travel policy compliance, improving reconciling processes, and providing robust reporting capabilities, agencies will benefit from better data integration and provide their corporate customers positive ROI on travel spend. “While corporate travel remains an important investment to secure business and expand enterprise operations overseas, related payments continuously get exposed to difficult manual reconciliation and accounting processes,” said Yannis Karmis, vice president of Sabre’s corporate solutions. “We are pleased to partner with renowned bank and payments entities to offer an innovative solution that accelerates payment reconciling operations and real-time reporting of travel spend.” The virtual technology, developed specifically for payments in the travel industry, also means expanded business opportunities for hoteliers, as rates and services will be available in a secure booking environment. Sabre and Conferma will continue their work to make the solution available in other countries across Latin America in the coming months.


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Thanks, Monsanto, for killing our food...
According to the United States Department of Agriculture, genetic engineering of US corn, beets and soy has increased from 65 percent in 2006 to a shocking 90 percent in 2013.
Why do so many countries around the world outright reject GMOs when America is forcing them down the throats of the general population without so much as a label for the victims to distinguish? If the word victim sounds drastic, it's time to consider just what it is humans are consuming on a daily basis, and how it shows up in hundreds of thousands of food items and ingredients sold in just about every store
Consider this: What if confusion was for sale -- would you buy some? Most bees that touch down on pesticides end up unable to locate the honeycomb and they just die. Could GMOs be the culprit of most Alzheimer's and Parkinson's
? Your food may be able to withstand heavy doses of herbicides and pesticides, but can you? Your cells may be mutating
as you read right now, but there's a way to repair them. First, turn off the TV and throw away the newspaper. You won't find the "repair mechanisms" there. Throw away all of your "commodity crops" that are present in 70 percent of the processed foods
found on grocery store shelves.
Next, if you have a smart phone, get the free phone app "Fooducate"
(pronounced like educate) here
and you can scan the barcodes of all food products to find out instantly if they are GMO. Yes, this is a great tool on the battlefield of the "Food War."
Then, check out GMO labeling laws
in 64 different countries around the world, including China, Brazil, Japan, Portugal, South Africa and the entire European Union.
Last year in the USA, 52 GMO labeling bills were proposed in 26 states. Maine and Connecticut are two of those success stories requiring labeling of "Frankenfoods" and serving as beacons of truth about the health detriment of consuming pesticides.


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1. Economic Ministers from the ten ASEAN Member States, Australia, China, India, Japan, Republic of Korea and New Zealand gathered in Manado, Indonesia on 13 August 2011 and exchanged views on regional and global issues affecting the East Asian region as well as developments in areas of economic cooperation within the East Asia Summit (EAS) framework.
2. The Ministers exchanged views on regional and global developments, in particular, the recent earthquake and tsunami in Japan and economic developments in the US and Europe that affect global financial markets. The Ministers recognised the importance of securing Japan’s economic recovery from the recent earthquake and tsunami and the prompt return of the smooth flow of goods, services and people in the region.
3. The Ministers welcomed this week’s statement from the recent meeting of G20 Finance Ministers and Central Bank Governors affirming their commitment to take all necessary initiatives to support financial stability and to foster stronger economic growth. The Ministers recognised the fundamental contribution of international trade to global prosperity, sustainable development and the elimination of poverty. They acknowledged the core role of the WTO and their free trade agreements (FTAs), particularly at times of global economic turmoil, in resisting protectionist tendencies and promoting open markets.
4. The Ministers noted that the 16 EAS participating countries accounted for around one-quarter of the world’s exports of goods and services in the 2007-09 period. They were pleased to note that, in 2010, ASEAN’s total trade with the Plus Six countries grew by 29.6 per cent to US$650.9 billion, which was higher than the pre-crisis level of US$598.8 billion in 2008. Exports to the Plus Six countries increased by 33.5 per cent, from US$252.6 billion in 2009 to US$337.3 billion in 2010, while imports rose by 25.7 per cent to US$313.6 in 2010. The Plus Six countries accounted for 31.9 per cent of ASEAN’s total trade in 2010.
5. The Ministers also noted that foreign direct investment (FDI) flows from the Australia, China, India, Japan, Korea and New Zealand grew by 75.0 per cent from USD 11 billion in 2009 to USD 19.3 billion, which represented a 25.0 per cent share of total FDI flows to ASEAN in 2010.
6. The Ministers recalled the Leaders’ consensus that the East Asia Summit plays a significant role in community building in the region and forms an integral part of the evolving regional architecture. The East Asia Summit and the ASEAN Plus Three process should play a complementary and mutually reinforcing role with other regional mechanisms in community building efforts. Recommendations in the East Asia Free Trade Area (EAFTA) and Comprehensive Economic Partnership in East Asia (CEPEA) studies are currently being examined and considered in parallel.
Comprehensive Economic Partnership in East Asia (CEPEA)
7. The Ministers were pleased to note the progress of the four ASEAN Plus Working Groups (APWGs) that were tasked to look into the recommendations of the EAFTA and CEPEA studies relevant to rules of origin, tariff nomenclature, customs procedures and economic cooperation. The Ministers welcomed the Workshop on Rules of Origin hosted by India on 25-26 July 2011, New Delhi, India. The Ministers noted that the APWG on Tariff Nomenclature has completed its work and urged the other APWGs to intensify their discussions and finalise their recommendations before the 19th ASEAN Leaders’ Summit in November 2011.
8. The Ministers welcomed and exchanged views on the joint proposal by China and Japan, “Initiative on Speeding up the Establishment of an East Asia Free Trade Area (EAFTA) and Comprehensive Economic Partnership in East Asia (CEPEA)”.
9. To ensure the economic integration within ASEAN as well as with Dialogue Partners, the Ministers noted that ASEAN is still working on the structure and template for the ASEAN ++ FTA, which would include an appropriate institutional mechanism, and is taking into account the joint proposal by China and Japan in developing recommendations by November 2011.
10. The Ministers look forward to considering the ASEAN proposed structure and template for the ASEAN ++ FTA and would also give further consideration to the joint proposal by China and Japan at that time. The Ministers instructed Senior Officials to meet in November 2011 to initially consider these proposals and advise Ministers. The Ministers reiterated the importance of ASEAN Centrality in the expanded regional economic integration process.
Economic Research Institute for ASEAN and East Asia (ERIA)
11. The Ministers appreciated the progress of the research activities of the ERIA in a variety of fields such as SMEs, energy, environment, trade and investment, and infrastructure development including the assistance provided to ASEAN in the Mid-Term Review of the AEC Blueprint, improving the AEC Scorecard and conducting a comprehensive mapping of ASEAN-related FTAs.
12. The Ministers also appreciated ERIA’s initiative to implement “Comprehensive Asian Development Plan (CADP)” and “Master Plan on ASEAN Connectivity (MPAC)”, which will narrow development gap in the region, by supporting implementation of specific projects and enhancing institutional framework for the Public-Private Partnership (PPP). The Ministers reaffirmed necessity to promote CADP in close collaboration with MPAC, relevant Ministerial meetings and international organizations, and agreed to report the progress on CADP to the Leaders at the EAS in 2011 in order to facilitate these collaborations.
13. The Ministers looked forward to ERIA’s continued support and contribution recognizing the importance of further strengthening ERIA in enhancing economic integration and community-building in ASEAN and the greater East Asian region through its research works and policy recommendations. From this perspective, the Ministers appreciated the continuous contributions from Australia, India, Japan and New Zealand to ERIA, and expressed their intention to pursue the possibility to make voluntary contribution by capable Members.
Participation of Russian Federation and the United States of America in the East Asia Summit (EAS)
14. The Ministers noted that the Leaders of Russian Federation and the United States of America will be participating at the EAS in November 2011. They looked forward to engage the Economic Minister of Russia and the US Trade Representative in the Informal Consultations of the EAS Economic Ministers next year.
World Trade Organization (WTO)
15. Given the greater global economic uncertainties and the importance of sustaining trade flows, the Ministers noted with great regret the stalemate in the WTO Doha negotiations. They reiterated their strong commitment to reach an agreement, as soon as possible, on early deliverables, in particular for LDCs, while working on the final conclusion of negotiations. Early deliverables should include elements responding to the aspirations of the LDCs. The Ministers also reiterated the importance of refraining from protectionist tendencies.
Smart Community Initiative
16. The Ministers welcomed the progress in the ongoing Japanese initiatives for realizing economic growth and sustainable development and reaffirmed the importance of the Smart Community Initiative. The Ministers appreciated the will of government of Japan for strengthening its initiative in cooperation with the private sector such as Japan Smart Community Alliance (JSCA), recognizing the importance of the construction of the smart communities with resiliency, and recalling the experience of the disaster in Japan caused by the Earthquake and Tsunami.
LIST OF MINISTERS
1. Hon. Craig Emerson MP, Minister for Trade, Australia
2. H.E. Pehin Dato Lim Jock Seng, Second Minister, Ministry of Foreign Affairs and Trade, Brunei Darussalam
3. H.E. Cham Prasidh, Senior Minister and Minister of Commerce, Cambodia
4. H.E. Chen Deming, Minister of Commerce, China
5. H.E. Anand Sharma, Minister of Commerce, Industry and Textile, India
6. H.E. Mari Elka Pangestu, Minister of Trade, Indonesia
7. H.E. Mahendra Siregar, Vice Minister of Trade, Indonesia
8. H.E. Banri Kaieda, Minister of Economy, Trade and Industry, Japan
9. H.E. Mr. Kim Jong-hoon, Minister for Trade, Republic of Korea
10. H.E. Nam Viyaketh, Minister of Industry and Commerce, Lao PDR
11. H.E. Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry, Malaysia
12. H.E. U Tin Naing Thein, Minister for National Planning and Economic Development, Myanmar
13. Hon. Tim Groser, Minister for Trade of New Zealand
14. H.E. Gregory L. Domingo, Secretary of Trade and Industry, the Philippines
15. Mrs. Ow Foong Pheng, Second Permanent Secretary for Trade and Industry, Singapore
16. Mr. Yangyong Phuangrach, Permanent Secretary Ministry of Commerce, Thailand
17. H.E. Nguyen Cam Tu, Deputy Minister of Industry and Trade, Viet Nam
18. H.E. Surin Pitsuwan, Secretary-General of ASEAN


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Matt is the former News Editor for The Next Web. You can follow him on Twitter, subscribe to his updates on Facebook and catch up with him Matt is the former News Editor for The Next Web. You can follow him on Twitter, subscribe to his updates on Facebook and catch up with him on Google+.
US mobile operator Verizon and DVD rental service Redbox today confirmed reports of a collaboration, announcing that the two companies have formed a joint venture to create a service capable of competing with Netflix.
According to an official press release, Redbox will continue to operate its DVD and Blu-ray rental service, with Verizon delivering a “new content-rich video on-demand streaming and download service.”
The new service is set to launch in the second half of 2012, offering a subscription service similar to its more established rival across the US, building on Verizon’s “industry-wide relationships with entertainment content providers, its advanced cloud computing technologies and state-of-the-art IP network infrastructure” to deliver on-demand video across a wide range of devices.
“When you consider the core elements the parties bring to this venture – our powerful brands; our national rental kiosk footprint; our anytime, anywhere network presence; and our mutual commitment to customer-focused innovation – it’s clear that Verizon and Redbox are a powerful entertainment team,” said Bob Mudge, president of Verizon consumer and mass business markets.
In December 2011, Verizon was said to be considering plans to purchase Netflix, having previously looked at Hulu but didn’t end up bidding on the property.
The Redbox partnership had been rumoured for some time but no official announcements had been made until today. The company will be a US entity, competing with Netflix in its biggest market.
The joint venture is a limited liability company with Verizon holding a 65% ownership share and Redbox 35%.
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Amid tension on the borders with China, India is considering hardening a crackdown on sub-standard and “non-essential” imports across several segments, ranging from chemicals, pharmaceuticals and electrical machinery to furniture, toys and steel, sources told FE. While the government is unlikely to impose China-specific barriers, any such crackdown will likely hit Beijing the most, as the neighbour is the biggest source of sub-standard supplies to India. The move is also in sync with Prime Minister Narendra Modi’s latest push for “Atmanirbhar Bharat”.
The curbs could be in the form of both tariff and non-tariff measures. The government is considering a proposal to raise the import duties on dozens of products, where domestic supplies can be ramped up easily and where the inflows of sub-standard products from countries like China are substantial, one of the sources said. India’s trade deficit with China in the first 11 months of FY20 stood at a massive $47 billion.
Before the Budget for 2020-21, the commerce ministry had suggested to the finance ministry that customs duties on as many as 300 products, ranging from footwear, furniture and TV parts to chemicals and toys, be raised, as part of a broader crackdown on what it considered “non-essential” imports. The Budget had announced a hike in import duties on over a dozen products, including toys, furniture, footwear, electronic goods and e-vehicles, by up to 40%. A decision on raising the duties on rest of the products may be taken soon after due consultations with administrative ministries (looking after various products).
As for non-tariff measures, standards for 371 products, with total imports of as much as $128 billion in FY19, are being firmed up or reviewed (wherever necessary) urgently. FE had first reported the government’s plan to do so on December 30, 2019. These items include steel, consumer electronics, heavy machinery, telecom goods, chemicals, pharmaceuticals, paper, rubber articles, glass, industrial machinery, some metal articles, furniture, fertiliser, food and textiles. This is part of the instructions issued by commerce and industry minister Piyush Goyal to the Bureau Of Indian Standards in December 2019 to develop standards for over 4,500 products (HS lines), taking the total number of imported items where quality and other parameters would be in place to 5,000.
The move has marked the beginning of a policy shift in New Delhi from an avowedly pro-liberalisation approach to external trade to a more discretionary one, where barriers could be erected, if required, to ‘non-essential’ and sub-standard imports that could harm the economy, rather than benefit it.
New Delhi’s earlier approach was to curb non-essential imports mainly through a hike in tariffs (it had raised duties on a number of electronics and other products in 2018 and on some other products in February 2020). But now, analysts say India seems to have taken a cue from China itself, which has effectively employed various non-tariff measures to curb imports while keeping tariff barriers at more reasonable levels to cloak the ferocity of its trade protectionism.
For instance, according to an internal analysis of the Indian commerce ministry ahead of the RCEP pullout in November 2019, China has put in place 1,516 notifications that are nothing but technical barriers to trade, followed by South Korea (1,036) and Japan (917), while India has initiated only 172 such steps. India’s average applied tariff, however, stood at 17.1%, while China’s was 9.8%, South Korea’s 13.7% and Japan’s 4.4%.
Similarly, China has notified 1,332 sanitary and phytosanitary (SPS) measures, while South Korea and Japan have imposed 777 and 754 SPS barriers, respectively. In contrast, India has imposed only 261 SPS measures. Developed countries like the US and those in Europe, too, impose such measures with high frequency.
Recently, alarmed by the massive imports of sub-standard toys that pose huge risks for children, the commerce and industry ministry put in place stringent standards through a quality control order. India pulled out of the 16-nation Regional Comprehensive Economic Partnership (RCEP) agreement in November, as its proposals on safeguard measures to deal with any “irrational spike” in imports, among others, weren’t adequately addressed by potential partners, including China.
Even without RCEP, India’s merchandise trade deficit with China stood at $53.6 billion in FY19, or nearly a third of its total deficit. Its deficit with potential RCEP members (including China) was as much as $105 billion in FY19.


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Fields was ousted in May as Ford Motor Co. CEO after 28 years with the company, including stints leading its Premier Automotive Group and then-affiliate Mazda. His replacement — a former office-furniture company CEO known for visionary thinking and close ties to Silicon Valley — illustrated both Fields’ shortcomings and the unsettled future of the industry.
Australian auto manufacturing
When GM Holden shut its final assembly plant in October, just weeks after Toyota did likewise, it marked the end of a century of automaking Down Under. Holden, which built the Corvette engine-equipped Chevrolet SS, had been a GM unit since 1931.
Lincoln’s MK names
Near the end of the year, Lincoln finally admitted what consumers knew: MKZ, MKX, etc., were just too confusing. The Continental already is back. The Navigator will be joined by a Nautilus and other pronounceable names.


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Does Magna Carta supersede England's coronavirus regulations and allow businesses to stay open during lockdowns? Invoking the landmark English charter of ...
AFP via Yahoo News
1 day ago
- ‘Does Magna Carta mean nothing?’ Why are businesses quoting 1215 charter to try to stay open during lockdown?The Independent via Yahoo News4 days ago
- Parts of Europe reopen stores, Los Angeles sees new virus curbsAFP via Yahoo News1 day ago
- The new Covid tier system is a joke – a very British type of nonsenseThe Independent via Yahoo News2 days ago
- Steve Baker mocked online for citing ECHR to back up anti-lockdown argumentEvening Standard via Yahoo News5 days ago


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te connectivity ltd (TEL) Key Developments
TE Connectivity Announces First Quarter Dividend Payable on December 11, 2015
Nov 12 15
TE Connectivity Ltd. announced that the $0.33 per share quarterly dividend for the first fiscal quarter of 2016 will be payable on December 11, 2015, to shareholders of record at the close of business on November 27, 2015. The dividend was approved by shareholders at the company's annual general meeting held on March 3, 2015.
Littelfuse Inc., TE Connectivity Ltd. - M&A Call
Nov 9 15
To discuss definitive agreement to acquire the circuit protection business of TE Connectivity Ltd. for $350 million in cash
TE Connectivity Reports Earnings Results for the Fourth Quarter and Full Year Ended September 25, 2015; Provides Earnings Guidance for the First Quarter and Full Year 2016
Oct 28 15
TE Connectivity reported earnings results for the fourth quarter and full year ended September 25, 2015. The company reported fourth quarter adjusted EPS of $0.90, up from $0.88. On a GAAP basis EPS was $0.34, down from $1.48 in the prior year. Total revenues were $2.98 billion were down from $3.07 billion in the prior year period. Net income attributable to the company for the fourth quarter was $1.04 billion, or $2.57 per diluted share, compared to $663 million, or $1.59 per diluted share, for the same quarter a year ago.
For the full year, the company reported net income attributable to the company was $2.42 billion, or $5.89 per diluted share, compared to $1.78 billion, or $4.27 per diluted share a year ago. Net sales were $12.23 billion, compared to $11.97 billion a year ago.
For the first quarter of 2016, the company expects net sales of $2.7 billion to $2.9 billion. The company expects adjusted EPS of $0.72 to $0.80. GAAP EPS is expected in a range of $0.62 to $0.70.
For the full year 2016, the company expects net sales of $12.0 to $12.8 billion. Adjusted EPS is expected in a range of $3.80 to $4.20. GAAP EPS is expected in a range of $3.61 to $4.01. Capital spending rate is expected to be approximately 5% of sales. Adjusted effective tax rate is expected to be approximately 23% to 24%. The company expected to continue to generate very strong free cash flow and will approximate net income generating over $1 billion of cash last year.
TE Connectivity Ltd. Announces Retirement of Robert Shaddock as Executive Vice President and Chief Technology Officer, Effective Late in 2016
Oct 19 15
TE Connectivity Ltd. announced on October 14, 2015 that its Executive Vice President and Chief Technology Officer, Robert Shaddock, is retiring from the Company effective late in 2016.
David P. Steiner to Retire from the Board of Directors of TE Connectivity
Oct 8 15
On October 5, 2015, David P. Steiner notified TE Connectivity Ltd. that he has decided to retire from the Board of Directors and not to stand for re-election as of the 2016 annual general meeting of shareholders to be held in March 2016.


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The social media giant is constantly coming up with new development and upgrades for the multiple applications integrated with its platform. This time it has brought in virtual reality-based avatar system for its rarely used Spaces app, through which the users can explore 360 content and enable chat for other users in VR.
Facebook has introduced a new avatar system in Spaces that alters the visual style. The newly developed avatar system is way ahead advanced than three-dimensional faces with 2D features constructed on them.
The advancement isn’t that essentially biased to realism as much as it focuses on emotion that can be brought in a more cartoony way.
At present Facebook doesn’t have a large number of users for Spaces, so it might be interesting to see how the company tunes the things at this level. Spaces feature isn’t seen much, as it appears only in a pop-up in the feeds.
With the whole scenario, the only query arises that would Facebook direct its development in terms of an avatar system with an exclusion to VR. The social media giant said that they are constantly making modifications that are well-suited for machine learning-supported avatar creation tool. The tool captures the latest photos of the user and directs to the precise avatars.
The new system developed by Facebook offer more feasibility in customization so that users can sync their visuals to make the output more similar to how they look in real life. In terms of hairstyles and face shape, there has been a considerable advancement in this system. The new avatar system also enables the user to change body size for the first time instead of keeping it thin.
According to the company, the new avatar system will be available on Facebook Spaces by next week. So stay tuned for the latest development from technology world as the scope of advanced has no boundaries.


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With a generation emerging that knows it can buy pretty much anything with just a few clicks, the continued rise in online shopping is having a big impact on warehouse space. Charlie Jeary, Director at Spaceway, design and build industrial construction specialists, looks at the ever-increasing rise in online sales and why now is the time to think about how you’re going to store and dispatch all orders placed in the run up to Christmas.
September sees children returning to school and the focus for many will turn towards December 25th. Online sales around the festive period have rocketed over the years. Last year, IMRG research found that purchases made on smartphones were up 47% year on year in December. E-retail is expected to continue this growth this year by as much as 14%, with consumers clicking ‘Buy’ from desktops, tablets and phones all over the globe.
One retailer who has seen its online sales explode is Andertons Music. Due to this boom, the music retailer soon outgrew its old premises and after maximising every cubic inch of space, it was time to seek a new warehouse to accommodate the rising business.
Andertons were faced with a new and empty warehouse, and having worked with Spaceway in the past, it was a natural fit for the team to undertake the design and installation of the new warehouse transformation.
Spaceway designed a total solution which included the installation of a three-tier mezzanine floor, taking the space from 30,000sq.ft to 90,000sq.ft. Carousels, conveyer belts and multi-level pallet gates were used to get large, small, heavy and light products in and out of the warehouse.
Frank Hillin, Project Manager at Spaceway said: “With Andertons supplying products in a vast variety of sizes, we needed to install a racking and storage system which would provide ultimate efficiency and simplicity because every product is hand picked.
“One of the instrumental elements to ensure operational efficiency is maximised was the sophisticated smart conveyer system which was installed and spans all three floors of the warehouse.”
Spaceway also installed high bay pallet units, pallet gates to aid the movement of the larger and more bulkier items between floors and a racking and shelving system which provided ease of restocking the picking lines. In addition, bespoke racking was also manufactured to fit around the conveyer system. When asked about the installation of the conveyer and racking, Frank said: “It fitted in like a glove.”
Moving to new premises isn’t the only way to maximise space to increase your operational efficiency. Having worked with Andertons for over ten years, Spaceway provided excellent innovative space saving solutions. However, with such rapid business growth, Andertons Music were faced with no choice but to seek additional square footage. They had simply outgrown their previous warehouse.
Moving to a new warehouse this side of Christmas is probably not at the top of the agenda and efforts will be focused on servicing and delivering to customers in the run up to the festive period. With clever design and careful planning, it is possible to gain the extra space your business needs to ease the strain over the holiday period. Spaceway is so confident it can increase any workspace, it has raised the gauntlet with its double your workspace challenge. Visit www.spaceway.co.uk to find out more.


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High-quality vintage baseball memorabilia in Mile High Card Company auction is sure to attract the attention of collectors.
A top 10 rated complete set of 1952 Topps Baseball is being broken up and auctioned in Memory Lane Inc.’s Spring Catalog Auction.
The 2018 version of Topps Tier One Baseball contains plenty of autographs from current and former MLB stars for collectors to chase after.
The 1911 T201 Mecca Baseball card set is a favorite with collectors, and provides unique cards that fold and feature two different players.
The family that found seven 1909-11 T206 Ty Cobb with Ty Cobb back baseball cards in 2016 that was dubbed the “The Lucky 7 Find,” recently found an eighth Cobb card in the same house.
Goldin Auctions is hosting an internet-only auction, in which more than 500 items have starting bids of $100 or less, that is open for bidding through March 24.
The Mile High Card Company’s auction that closes March 22 is the largest the company has ever hosted, with 2,300 lots led by a 1909-11 T206 Sweet Caporal 350/30 Eddie Plank PSA 2.5.
Clean Sweep Auctions is hosting its largest auction, which is loaded with cards, autographs, and memorabilia from a variety of sports.
A handwritten letter signed by Babe Ruth, which sold for $88,780, helped propel Mile High Card Co. to a record-breaking year.
Collectors looking for affordable sports memorabilia will want to check out the current auction being hosted by Clean Sweep Auctions.


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In the last few weeks, American automobile makers General Motors and Ford Motor Co. have announced plans to bring manufacturing and other jobs back to the U.S. And they’re not the only ones.
Sixteen years ago, Denver-based Samsonite shut down its manufacturing plant over profitability concerns. To cut down on costs, the luggage company has been making the majority of its suitcases in India and Europe. Now, however, the company is looking at returning production to the U.S.
New York-based Trans-Lux, which makes LED and LCD displays, has been considering moving its facilities in China to the U.S. for over a year now. Again, the decision to move production to China in 1997 was a cost-cutting one.
Trans-Lux officials say Donald Trump’s win in the recent election was the final push they needed to come home. Since early on in his campaign, Trump has promised to cut regulations and slash corporate taxes to bolster domestic manufacturing and make it easier for American companies to come back home. Officials at GM, Ford, and Samsonite all say market trends—established long before President Trump started making promises—are the reason they have looked at returning jobs to the U.S.
No matter their motives, these and many other companies are being lauded for what should bolster the U.S. economy and provide good-paying jobs here at home. After years of “turning their backs” on the American worker and creating jobs in China, Mexico or elsewhere, they’re finally doing the right thing.
Kudos to them.
Companies That Have Kept America Great
But what about the companies that never left in the first place? What about the CEOs and presidents who decided long ago that American values were more important than the bottom line?
Plenty of U.S. corporations have been providing jobs right here at home all along, and they’re the companies that deserve the applause. Here are just a few examples of American brands that have kept the vast majority—if not all—of their manufacturing operations in the United States:
For over 100 years, the Harley-Davidson brand has been synonymous with motorcycles. Started by two childhood friends in a wooden shed in Milwaukee, Wisconsin, today Harley-Davidson makes its iconic bikes at factories in Wisconsin, Missouri, Ohio, and Pennsylvania. Some of its parts are made overseas, but each and every bike is assembled right here in America.
It’s only fitting that the NFL, the king of American sports institutions, uses only American-made footballs. Since 1941, Wilson has manufactured every single football played with in NFL games. The Wilson factory in Ada, Ohio, makes 4,000 footballs each day. Two years ago, Wilson took over another American-made company: Louisville Slugger. The acquisition ensured that the iconic baseball bats would keep being made in Louisville, Kentucky.
This year marks the 40-year anniversary of the Post-It Note, invented by Spencer Silver in 1977 and produced by St. Paul-based 3M. Post-It Notes are now sold in over 150 countries around the globe, yet the iconic office supply is still made at 3M’s facility in Cynthiana, Kentucky.
Since 1902, Gibson guitars have been made in the U.S. They were manufactured in the company’s headquarters in Kalamazoo, Michigan until the plant there closed in 1984. Rather than relocate overseas where labor is cheap, Gibson moved shop to Nashville, Tennessee. Gibson electric guitars are still made in “Music City,” while its acoustic guitars are made by employees in Bozeman, Montana. Gibson’s also has a third plant in Memphis.
Founded in Idaho Falls, Idaho, in 1985, Melaleuca products include over 500 health and wellness products from vitamins and supplements to eco-friendly cleaning products. These products are manufactured in the company’s plants in Idaho Falls and Knoxville, Tennessee. While Melaleuca now operates in 18 overseas markets, the vast majority of its employees live and work in the U.S.
Multi-colored Crayola crayons are used by children—and adults for that matter—all over the world. They may be the most iconic art supply on the planet, and every single crayon is manufactured at Crayola’s plant in Easton, Pennsylvania. The facility employs hundreds of Americans who help produce 3 billion crayons a year.
There are hundreds of additional large corporations—and thousands more small companies—that manufacture goods in and provide service from right here in the United States. While many of them have had enticing opportunities to outsource their jobs to other countries, they’ve chosen to keep employing the dedicated American workers who have gotten them where they are today.
While the companies deciding to return to the U.S. after years of foreign operations are the ones making the news, it’s the companies that have stayed put all along that deserve the headlines.


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Thursday, 25 April 2024
Select a Country
Thursday, 25 April 2024
Online Gaming in Chile
Chile's lotteries offer their lottery products online; however, online casinos are prohibited by law no. 19.995.
Chile does not actively prevent its players from playing at offshore casinos. Over the past few years, the Chilean government has shown signs it wants to create its own domestically regulated online gaming industry.
In 2012, Chile's lottery asked the government to permit online casinos. And in 2012 and 2013, Chilean lawmakers tried to pass legislation that would create and grant a limited number of online casino licenses to operators in Chile.
The legislation has yet to pass.
In September 2008, GTECH signed a seven-year contract with Chile's lottery, Polla Chilena, to provide a new online lottery system among many other lottery and sports betting products and services. The online solution gives Polla Chilena the ability to process lottery transactions through the internet. The agreement also introduces instant games to Polla Chilena as well as a sports-betting solution to the country.
In February 2021, Chile’s Ministry of Finance announced its intention to legalize online gambling, with plans to introduce a bill to regulate igaming before the end of the calendar year.
Show Complete Chile Online Gaming Overview
Chile Monthly Online Gaming Revenue
Chile Monthly Sports Betting Revenue
Chilean Online Gaming News
BGaming builds on LatAm growth with Blokotech partnership
6 March 2024
The strategic agreement has already seen BGaming integrate its portfolio, including Merge Up, Wild Tiger and Capymania, with 20 online casinos via Blokotech’s single API integration.
Big Sky Ventures introduces Betifyme Casino and Sportsbook
12 January 2024
The Betifyme Casino and Sportsbook product will be available in Brazil, Peru and Chile, giving residents of those markets access to one of the new brands in the industry.
Sports Information Services to sponsor prestigious horse race
24 April 2023
The Clásico SIS stakes competition will take place on 29 April at at Hipódromo Chile in Santiago.
Altenar expands in Latin America with MiCasino partnership
7 March 2023
The deal will enable MiCasino’s players to enjoy Altenar’s betting software as well as its bespoke LatAm sporting markets and pricing.
February's Top Chile Sites
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Woolworths is trialling a wearable coaching device for 100 warehouse workers. The technology is manufactured by Perth-based startup Soter Analytics. Read more
Kaufland’s Victorian expansion is gathering steam, with the global supermarket chain receiving approval for a further two stores and proposing at least nine more, which – if approved – could deliver hundreds of extra jobs.
Minister for Economic Development Tim Pallas has announced the go-ahead for stores in Coolaroo and Oakleigh South, with the latter to also hold Kaufland’s headquarters.
This is on top of its 115,000 square metre distribution centre in Mickleham – which is currently being built – and three already approved stores in Dandenong, Epping and Chirnside Park.
Kaufland has announced plans to build at least nine additional stores across Victoria – in Braybrook, Lyndhurst, Geelong, South Morang, Bendigo, Narre Warren, Warrnambool, Coburg and Pakenham, the Andrews Labor Government has referred the proposals to an independent advisory panel for consideration.
“With five approved stores, as well as the additional nine sites under review, we are committed to our long term, sustainable growth across Victoria. We look forward to creating thousands of jobs and creating opportunities for local businesses ”said Ms Kern.
Victoria will also be home to one of Kaufland Australia’s two test stores, which both commenced construction last week.
“Our Dandenong store marks a tremendous milestone in our development here in Australia, and we are very happy to break ground for our first store in Victoria.”
Ms Kern said she was looking forward to seeing Kaufland’s positive early growth in Australia and she was eager to open stores in due course.
“Australia is one of the fastest growing regions in the world, and we are excited to grow with it. Our aim is to raise the bar in retail excellence and provide an uncompromising quality food shop for our customers” Julia said.
All approvals will be exhibited for public comment and be subject to public hearings which will help inform the advisory panel’s report to the Planning Minister.
Kaufland’s investment in Victoria is worth $435 million and expected to create 1,500 jobs. If the nine stores are approved, the investment will top half a billion and create up to 2,400 jobs.
One of the world’s largest retailers, Kaufland chose Victoria as the starting ground for its Australian expansion, joining the likes of Costco, Aldi, Uniqlo, H&M and MUJI.
The supermarket giant is already engaging with Victorian suppliers, so it can source local products where possible and will provide opportunities for complementary independent retailers such as cafes within shopping complexes.
Their investment will also benefit the construction industry, with the distribution centre and stores set to create hundreds of opportunities for local construction businesses, workers and apprentices.
“This is great news for consumers – another major player in the market will provide more choice for Victorians, more value for money at the checkout and create thousands of jobs,” Tim Pallas, Minister for Economic Development Tim Pallas said.
“With five approved stores, as well as the additional nine sites under review, we are committed to our long term, sustainable growth across Victoria. We look forward to creating thousands of jobs and creating opportunities for local businesses,” Julia Kern, Managing Director, Kaufland Australia said.
Dematic has helped Asahi Beverages to successfully increase productivity by 250 per cent with the installation of an Automated Storage and Retrieval System (ASRS) in its new Heathwood DC.
The ASRS has improved the efficiency of warehouse operations, reduces manual processes and enables Asahi to better service its customers.
Asahi Beverages has a number of distribution centres (DCs) located across Australia. Previously in Brisbane, Asahi operated across multiple locations and used manual forklifts for block stacking, which they found came with a lot of disadvantages and challenges.
“We previously had a very labour intensive system in place, with every truck that came in having to be unloaded by a forklift, we then had to receive the paperwork manually, check the pallets manually, move the pallets into the storage location and then do all that in reverse to pick them,” Nathan Lucinsky, Heathwood DC Manager, Asahi said.
In making the decision to consolidate its sites into one DC and upgrade to an automated warehouse solution, Asahi wanted to achieve a number of benefits, including reducing costs, improving efficiency and productivity, and being able to better meet the needs of its customers.
The high bay racking at Asahi Heathwood DC is 13 levels high, 34 bays deep, and the ASRS extends to six pallet positions deep on either side of the six cranes, accessed by satellite carts. In total there are approximately 31,500 pallet storage positions.
“After assessing Asahi’s warehouse requirements, we knew that the best solution for them was the six-deep satellite ASRS. The ASRS we built for Asahi uses Dematic’s newest and fastest crane, the 1200 H1. This is also the tallest satellite system we have built in Australia,” Dominic Figliano, Project Manager, Dematic said.
“An automated system such as this eliminates a lot of the manual handling of pallets,” said Dominic. “This not only creates efficiencies and a high productivity boost of 250% for the customer, but also increases safety for workers in not having as many forklifts.”
In a DC such as Asahi’s Heathwood site, each manual touch of a pallet represents a cost to the business and comes with the risk of human error.
“We’ve now automated our warehouse processes and only use manual processes where it makes sense,” added Nathan. “In fact, most of our pallets won’t be touched by a human until they get to our customer DC.”
A key factor in Asahi’s decision-making process when looking for a new provider was working with a company that understood the local market. Asahi chose Dematic, as it has a demonstrated capability in delivering similar projects within Australia.
In addition to the ASRS, Dematic integrated third party equipment including the skate docks, stretch wrapper machine, label applicators, and a pallet inverter.
Lindsay Australia, delivered a record revenue for the 12 months ended 12 June 2019. The company reported a revenue of $386.07 million and a net profit after tax of $8.87 million, an increase of 10.2 per cent over the prior year, as part of its FY2019 results.
Underlying Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the financial year increased $1.57 million to $37.72 million, an increase of 4.4 per ent. On a reported basis, EBITDA increased 11.8 per cent to $40.41 million. The uplift in the EBITDA benefitted operating cash flow and lowered the Group’s net debt position.
Transport external freight revenue for the year grew $18.54 million (7.4 per cent) to $268.26 million. Produce freight volumes were negatively impacted in some regions due to adverse weather and seasonality but these reductions were offset by growth across capital cities and additional revenue from expansion and refrigerated rail. Brisbane, Sydney, Melbourne, Adelaide and Perth revenues collectively increased 14 per cent for the year.
Transport is reported to have made a divisional contribution in FY2019 of $31.22 million, which included additional fuel tax credits of $3.36 million relating to prior years.
Import/Export logistic revenue for Lindsay Fresh Logistics increased by 18 per cent in FY2019 to $5.48 million. Investment in new equipment during the second half of the year will reportedly generate revenue for the division by providing value-add services for both existing and new customers.
Rural external revenue growth for the year grew $4.07 million (3.7 per cent) to $113.99 million. Rural made a Divisional contribution in FY2019 of $3.87 million, an increase of $880,000 (29.4 per cent). the division was also able to benefit from operating cost reductions from the branch rationalisation and consolidation.
“We are pleased to announce a strong set of results for the 12 months to 30 June 2019, achieving record revenue and over 10 per cent growth in net profit after tax. This result is a testament to our investment strategy which has seen is diversify our location and service offering over recent periods, mitigating industry risk and capturing new revenue,” Kim Lindsay, CEO at Lindsay Australia said.
The proposed takeover of privately owned Oxford Cold Storage, the second biggest supplier of third party cold services in Victoria by Emergent Cold, the market’s third biggest player has come under scrutiny by The Australian Competition & Consumer Commission (ACCC).
Following a statement released this week the ACCC has raised preliminary competition concerns given, as it has stated, cold storage remains an integral part of the domestic and international supply chains for food products.
These include dairy, seafood, raw and cooked meat, poultry, frozen vegetables and other frozen or chilled foods.
“This acquisition would reduce the number of large Victorian suppliers from four to three,” ACCC Chair Rod Sims said.
“A significant number of customers have raised concerns with the ACCC about this deal. They consider Emergent Cold and Oxford to be each other’s closest competitors, as the companies provide similar services to similar customers.”
“The ACCC is concerned that losing the competition between Emergent Cold and Oxford in an already concentrated industry would result in higher prices and lower service levels,” Rod said
The combined Emergent Cold-Oxford would become the biggest supplier of third-party cold storage services in Victoria, controlling almost 40 per cent of total market capacity.
Market feedback indicates that the other main suppliers, Americold and NewCold, have limited spare capacity and business models that focus on supplying the largest customers.
The ACCC is seeking further information from market participants about the level of competition that would remain if the deal proceeds, as well as the ease and likelihood of entry by new operators.
Australia Post and Qantas have announced an expanded domestic and international air freight agreement to support the growing demand for parcels.
Marking nearly a century of partnership between the two brands, Australia Post says the agreement will benefit online shoppers and businesses across Australia by increasing capacity and providing greater network flexibility to meet customer expectations.
The seven-year agreement valued at over $1 billion will give Australia Post customers access to Qantas Freight’s dedicated freighter aircraft and priority access to the cargo space on up to 1,500 Qantas and Jetstar passenger flights to over 110 destinations each day, in addition to space on partner airlines globally.
It will also see the introduction of up to three Airbus A321P2Fs (Passenger to Freighter) to the freighter network used for Australia Post. Qantas will be the first airline in the world to operate the A321 as a freighter aircraft.
Each A321P2F will add nearly 50 per cent more capacity – or an additional nine tonnes – compared to the existing Boeing 737 freighters, with the first A321P2F due to enter the fleet in October 2020.
Christine Holgate, CEO and Managing Director, Australia Post, said the strategic alliance with Qantas means Australia Post and its customers can continue to power the eCommerce engine that’s driving Australian trade domestically and internationally.
“Australia Post plays a critical role connecting Australian businesses and communities to each other and the rest of the world, and with the continued growth in online shopping, we can now take it to new heights,” she said.
“This agreement will further boost our unrivalled, dedicated air freighter network with newer aircraft and more capacity right up until the opening of the new Western Sydney airport in 2026.
“The enhanced air freighter network complements $900 million in investment across our network through automation and infrastructure, and provides the speed, flexibility and reliability customers expect.
“It means that we can build flexibility into the air freight network to manage increased volumes and demand in the lead-up to Christmas. Last year we flew more than 400 tonnes of mail on our busiest night, and more than 40 million parcels during December; this year, we expect to exceed both those targets.”
Qantas Group CEO, Alan Joyce, said the seven-year agreement was a vote of confidence in the future growth in eCommerce and will support the rising demand for next-day delivery.
“This builds on the longstanding partnership between Australia’s national carrier and the nation’s postal service to deliver for customers.
“Consumer preferences and expectations are rapidly changing and together with Australia Post we’re responding by growing our dedicated freighter fleet to provide a better experience for consumers and businesses,” Alan said.
The partnership between Australia Post and Qantas dates back to when the national carrier first started flying airmail for the postal service in 1922.
Woolworths Group and Takeoff Technologies have announced plans to implement automated micro fulfillment capabilities at an initial three sites to help meet customers’ growing demand for shopping online.
The implementation of Takeoff’s automated solution will begin within the next 12 months, with Woolworths Group to then evaluate the suitability of the technology for further roll-out.
Takeoff Technologies is an eGrocery startup, based in Boston, USA, that builds compact, automated micro fulfillment centres. Using a store’s existing footprint to improve online operations, the automation minimises the space required by using innovative technology that functions in compact vertical spaces.
The Takeoff technology is designed to meet the growing demand for online shopping by moving products closer to the picker – saving team members from walking up and down the aisles to locate products.
“Our customer expectations are changing rapidly, with more and more turning to online shopping to help them in their busy lives. At Woolworths, we are continuing to look for ways to enhance our customers’ online experience, especially the speed at which we make orders available to them. This partnership with Takeoff will allow us to deliver ultra convenience at a local level, with the ability to be even closer to the customer for that last mile delivery,” Brad Banducci, Woolworths Group CEO said.
“We are thrilled to partner with Woolworths Group. They are a major player in the online grocery and drinks sector and our solution provides them with the perfect platform to continue to evolve their eCommerce operations and meet customers’ changing needs. We look forward to a very successful deployment of our partnership,” Jose Vicente Aguerrevere, co-founder and CEO of Takeoff said.
Woolworths has commenced building works on the supermarket’s new Melbourne Fresh Distribution Centre (MFDC) in Truganina, Melbourne.
The multi-million state-of-the-art facility, which will be built by Vaughan Constructions, will store and deliver fresh produce and chilled products to hundreds of Victorian supermarkets, create 200 jobs during construction and 300 permanent new jobs when it opens in late-2020.
The custom-designed facility will replace Woolworths current operations at Mulgrave, and provide the leading national retailer with a market edge in terms of supply chain dynamics. The MFDC will be co-located with Woolworths’ meat supplier Hilton Meats’ production facility.
Co-location with Hilton and closer proximity to more fresh food suppliers will take up to 600 trucks off the West Gate Bridge each week and a further 3,000 truck movements off Melbourne roads each year.
“This development will help us deliver top quality fruit and vegetables to our customers fresher, faster and more efficiently than ever before. At one-and-a-half times the size of the MCG field, the distribution centre will provide a significant uplift in capacity to support our continued growth in Victoria. We’re proud to be investing in a best-in-class supply chain network in Victoria – delivering fresher food to our customers, taking trucks off Melbourne’s roads, and creating hundreds of new jobs,” Woolworths Chief Supply Chain Officer Paul Graham said.
At full capacity more than one and a half million cartons a week will move through MFDC bringing customers fresh fruit and vegetables and chilled goods from more than 500 suppliers.
The $135m investment on the MFDC is majority funded by landowner Charter Hall, with Woolworths signing an initial 15-year lease on the site. This builds on an extensive national relationship between Woolworths and Charter Hall across both industrial and retail properties.
The commissioning of the MFDC will take around 600 truck movements off the West Gate each week as Truganina is located closer to more Woolworths suppliers than Mulgrave. Co-location with Hilton Meats will take a further 3,000 truck movements off Melbourne roads each year as it eliminates shuttle runs between Mulgrave and Truganina.
The MFDC is also targeting a Five Star Green Star rating from the Green Building Council of Australia, with a solar panel system on the roof, charge points for electric trucks, and fuel savings of more than 400,000 litres each year from transport efficiencies. The Mulgrave Produce DC will continue to operate until the MFDC opens in late 2020.
Increasing demand for logistics automation in hardware-centric automation type coupled with high investment in research and development of logistics automation is fueling the market growth.
The Global Logistics Automation Market is forecast to reach $176 billion (USD 120.08 billion) by 2026, according to a new report by Reports and Data.
The logistics automation market is rising rapidly in the global market owing to the proliferation of the adoption rate of automation in the logistics chains globally. The convenience of lesser human effort and enhanced overall operational improvement is fueling up the market growth of logistics automation.
In the year 2018, Manufacturing Industries segment has witnessed the highest market demand. The manufacturing industries currently are prone to have the highest utilisation of the logistics system as both the raw materials and end manufactured products require the logistics system. Retail and eCommerce segments are also significant contributors to this market.
Asia Pacific market is forecasted to generate a revenue of USD 43.83 Billion in the year 2026, owing to its extensive market penetration towards logistics automation coupled with its rise in consumer base in eCommerce and transcendence in manufacturing industries in China, Japan, and India.
Key participants of the study include Murata Machinery, Vitronic, Toshiba Logistics, Wisetech Global, Swisslog Holding AG, ULMA Handling Systems, Deutsche Post DHL Group, DSV Air & Sea Inc., FedEx Corp., United Parcel Service, Inc.
Tigers has been selected as the local logistics partner to support the launch of Asendia Oceania and provide a regional footprint for B2C and omnichannel fulfilment solutions in Australia.
Hong Kong-based Tigers has an extensive warehousing network across Australia in Perth, Adelaide, Melbourne, and Sydney, with a focus on B2C vertical markets. Read more


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Sale nursery children embrace farm themed activities
Date: 19 Mar 2019
Children at Bright Horizons Sale Day Nursery and Preschool have been taking part in a number of themed activities after lots had visited the farm in recent times.
The children baked muddy cakes, made farm houses, washed the play farm animals and also took part in their own farm animal day which saw them dress up as their favourite farm animals.
“A favourite activity of the children’s was milking the cow,” said Nursery Manager Jenni McDougall.


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This can then allow them to get started gambling through the Google Maps application, gives them a virtual casino where they are able to choose games and black market websites 2022 also wagers. A report recommends that all in all, individuals are putting in fewer requests by means of the darknet websites, however at a higher worth. Because of his love of forests and parks, he used those to bury his drug stashes at night when it was quiet. Provided here is the Dread Forum Link for your convenience. It discusses both legitimate and illicit uses of the Dark Web, including how the government may rely upon it. On the Hidden Wiki they do a lot of the searching for you. The United States Department of Justice (DOJ) announced on June 10 2012 that a multinational operation has taken down Slilpp Market, the largest dark web marketplace of stolen login credentials. One scammer made off with 200 BTC after setting up fake versions of AlphaBay, Hidden Answers, Valhalla, Grams, and Hansa Market. In coordination with domestic and international law enforcement agencies, we will continue to seize websites that promote illegal and harmful activities, and prosecute those who black market websites 2022 create and operate them.
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Leo Burnett London has pivoted decisively into the 21st century with a new visual identity. The bolder, more modern design pays tribute to the agency’s namesake—Burnett founded the agency in Chicago in 1935—by including his iconic black glasses.
While the images shift focus away from Burnett’s distinctive signature, they still encapsulate the visionary man who is regarded as one of the few founding fathers of advertising.
Publicis Groupe’s Leo Burnett said in a statement that the new identity comes with “a colorful, modern twist intended to carry the agency through the 21st century—and beyond.”
The various prints, set behind solid, bright colors, incorporate the apple as a symbol of the founder’s success and his “core values.” The fruit recalls an anecdote in which a competitor told Burnett, who died in 1971, that he would be on the street selling apples before he made money in the advertising business. The images also prominently feature the black Alpha 245 pencil Burnett routinely used and, of course, the thick black glasses that might have earned him the name “hipster” in a another age.
“At Leo Burnett, we believe that solving human problems is what makes businesses grow,” said chief creative officer Chaka Sobhani. “Put simply, we always want to turn up human and look to make stuff that people truly love. Our new visual identity needed to reflect this agency philosophy.”
You might wonder why one of the images features a yellow balloon wearing Burnett’s glasses or why another shows his pencil sticking out of a melting ice-cream cone, but the founder was a notoriously quirky man. As the London office’s Twitter account put it, “We still love pencils. But we’ve now discovered the joy of shoving them into things.”
The redesign—which was led by Phil Bosher, who recently joined Leo Burnett London as head of design after working at Fallon—comes at a transitional time for the organization. Last week, Publicis announced that Fallon London CEO Gareth Collins would assume the chief executive role at Leo Burnett as the two agencies look to “align” by the end of the calendar year.


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Nick and Tom, who have been interested in photography for five years, also sell film cameras
and accessories online at wycameras.
We consider it difficult to develop new products (for the film camera
market),'' Tsuneji Uchida said at a press conference.
That was the last time I took a film camera
Despite the free fall in prices of film cameras
in the last 10 years and a significant gap between film camera
prices and digital camera prices, digital cameras have dominated the sales mix since 2003, according to PMA Marketing Research.
Viewmatic evokes the spirit of 20 classic film cameras
, including several mirror reflex and twin-lens reflex cameras, with vintage viewfinder "filters" that iPhoneographers can overlay onto any existing image in their camera roll.
Converting the LD to a 4x5 film camera
or popular 6x7, 6x9, 6x12cm, roll film backs, and large format scanning backs can be easily accomplished with the optional 4x5 adapter kit.
4% from the year before, compared with film camera
shipments of 23.
Soon after he began following the junkies, Okazaki switched from a traditional film camera
and five-person crew to a small digital camera handled by one other person.
In my own travel photojournalism, I now make photos that never would have occurred to me if I had a film camera
This, in turn, paves the way for digital camera sales to exceed film camera
sales, while maintaining a higher average selling price.
A study by InfoTrends released in mid-2000 showed that digital camera dollar sales would exceed $2 billion in 2000, or about 10% more than the revenue generated by film camera
Next year, Kodak intends to launch its Advanced Photographic System, a film camera
format that will take advantage of digital technology to provide new benefits to traditional picture-taking.
Paladium is leading the charge -- a sticker on the shop's door reads "Analogue is the future" -- and specializes in all sorts of film cameras
The Japanese company said it wanted to focus on ``business categories that continue to demonstrate the strongest growth'' as film cameras
sales keep shrinking.
Islamabad, February 22, 2010 (Balochistan Times): Chief Executive of Pakistan National Council of the Arts (PNCA) Tauqeer Nasir Monday held a meeting with the stake-holders of Film Industry on representation of Picture Processing Laboratory/ Film Cameras
to be setup by the Ministry of Culture.


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More than 40% of retailers and manufacturers plan to shift volume to East Coast ports on a long-term basis as a result of chronic congestion on the West Coast, according to the findings of a new American Shipper research report.
New research from American Shipper finds more than 40 percent of retailers and manufacturers plan to shift volume from West Coast ports to East Coast ports on a long-term basis as a result of chronic congestion on the West Coast over the past nine months.
The findings are part of a new American Shipper report, “Won’t Be Fooled Again: How BCOs Plan to Avoid the Pitfalls of West Coast Port Congestion,” which also details what percentage of volume shippers plan to reallocate long-term from West Coast ports to East Coast ports. It also delves into whether congestion has influenced shippers’ and 3PLs’ distribution center location strategy.
The report is broken into three sections, including:
- One comparing how manufacturers and retailers responded to questions about West Coast congestion impacts.
- Another comparing responses from large shippers and their small and medium-sized peers.
- A final section on how 3PL cargo allocation and DC strategies have been affected by West Coast congestion, and whether those strategies align with those of shippers.
The report is based on responses from more than 400 shippers and nearly 200 logistics services providers collected in late January and early February.
“Port congestion on the West Coast the past nine months has had an indelible effect on shippers,” said Eric Johnson, American Shipper research director and author of the report. “It’s clear many shippers and 3PLs are rethinking how to structure their supply chains so they’re less vulnerable than they have been over the past year. For a sizable percentage of respondents, that means shifting cargo to East Coast ports, and even relocating to new distribution centers on the East Coast. Whether those plans come to fruition or not, shippers have been scarred by the experience.”
The full report is available here.
American Shipper produces a series of benchmark research reports aimed at transportation and global trade practitioners, and also conducts research on topical issues. Click here for more information on our research and reports.


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Welcome to the News View for "Pay It Green Alliance".
Here, on these archive pages, you'll find all of the articles on Payments News for Pay It Green Alliance listed in date sequence beginning with the most recent article at the top of the page.
The PayItGreen Alliance says it is "asking consumers to turn off paper bills and statements and make payments electronically. The Alliance, comprised of leaders in the financial and consumer billing industries, was formed in 2007 to educate consumers about the positive environmental impact of choosing electronic bills, statements and payments over paper alternatives. The Alliance has named April as PayItGreen Month to launch this initiative."


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A Shetland-based expert on the UK pharmaceutical industry has outlined her growing fears for its future after Brexit.
ESPL Regulatory Consulting chairwoman Helen Erwood said she expected medicines manufactured in the UK to become more expensive, compared to EU products.
She also warned that the migration of production away from the UK would lead to “shrinkage of a lucrative industry”.
Ms Erwood, a former senior regulatory affairs professional at SmithKline Beecham – now GlaxoSmithKline – said a “huge amount of activity” was taking place in the sector to try to protect and maintain supplies.
There was also a lot being done to deal with the requirements for medicines that will be exported to the EU from the UK after Brexit, she said.
But while some firms are acting to mitigate any Brexit impacts, too many are “ill prepared” for the regulatory shake-up to come, she warned.
“The industry as a whole is concerned, and the (UK) Government regulators are very concerned about the no-deal Brexit,” she said.
“Even if there is a deal reached, we don’t know what new procedures will be put in place to secure sourcing medicines from the EU into the UK and exporting medicines from the UK into the EU.
“From a regulatory point of view – since this is our business – we have to unravel 40 years of intertwined manufacturing and supply.”
Ms Erwood, who has worked in regulatory affairs for nearly 30 years, after a stint as a research scientist with chemical giant ICI, highlighted the Irish market as an example of the challenges facing the UK industry.
“A lot of medicines supplied in Ireland are UK-sourced,” she said, adding: “All batches of medicines made outside the EU (in the UK after Brexit) and imported in have to be retested and formally released before they can be sold and supplied.
“This will mean a delay and further costs to those EU countries that source medicines from the UK.”
“One of our clients…has manufactured and supplied a whole year’s supply of the medicines that it sells in Ireland to wholesalers in Dublin for them to release over time.
“This will give them time to set up all the additional test facilities and procedures they will need to continue to supply.
“It will, of course, make medicines manufactured in the UK more expensive than in the rest of the EU.
“Other companies are moving manufacturing from the UK into the EU. It will result in shrinkage of a lucrative industry.”


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For a short time, the question was which company would be worth $1 trillion more: Apple or Amazon. Last month, that race was settled in Apple’s favour. Yesterday, Amazon also crossed the border. This was due to the fact that the value of the company’s shares was more than USD 2,050.50. The company’s share price was higher than USD 2,050.50. The company’s share price was lower than the price of the shares.
This made Amazon the second company ever to reach a value of more than 1 trillion dollars. However, CEO Jeff Bezos did not enjoy the success for long, currently the value of shares is 2,039 dollars, bringing the total value of Amazon to 994 billion dollars. Things went differently at Apple, which is now worth $1.1 trillion.
Nevertheless, Amazon is doing very well. Press agency Bloomberg states that Amazon has been growing less rapidly than Netflix and Align Technology in terms of percentage over the past twelve months. The latter company produces devices for the medical industry, a market that is only growing.
The fact that Amazon’s value is growing rapidly is due to the expansion into more and more new markets and good performance in those markets. One of the main growth markets is Amazon Web Services, the company’s cloud service that grew 49 percent last quarter to a total value of $6.11 billion.
Amazon Web Services is doing very well, which meant that Amazon’s profit last quarter amounted to 3 billion dollars. This is a great achievement, because the e-commerce from which Amazon traditionally generated most of its turnover has only narrow margins. The figures it books are also the result of relatively low salaries for staff in the warehouses and very strict requirements for suppliers.
Amazon is expanding a lot more: last year it took over Whole Foods Market for 13.7 billion dollars. This is a supermarket chain with which Amazon now also sells food. It also spent $1 billion on PillPack, an online pharmacy. Amazon is also expanding geographically; last month, for example, it acquired the Indian consumer portal Tapzo for USD 40 million.This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.


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Big Four accounting firm Deloitte has integrated blockchain technology to enable its customers to verify themselves with a single digital wallet, in an effort to streamline the “typically inefficient” verification processes.
In a May 4 statement, Deloitte announced it has integrated KILT blockchain technology, a Polkadot (DOT) parachain, to issue reusable digital credentials to improve the efficiency of Know Your Customer (KYC) and Know Your Business (KYB) verification processes.
Establish a digital identity with Deloitte and keep control of your data, sharing only the data you want to share. We are launching a credential verifier, in partnership with @Kiltprotocol and @Polkadot. Applications opening soon. #KYC #Blockchain #Web3
— Deloitte Switzerland (@DeloitteCH) May 4, 2023
The statement indicated that these credentials will serve various use cases including regulatory compliance for banking and Decentralized Finance (DeFi), age verification for e-commerce, private logins and fundraising.
The integration aims to to streamline the typical verification procedures that can be inefficient and repetitive, such as paper-based certificates and identity verification requests that require multiple data points.
Additionally, it was noted that these typical verification procedures store data and personal information across multiple platforms and databases, placing consumer data privacy at risk.
The credential wallet will be provided as a browser extension and customers can set it up without any prior knowledge of blockchain.
While the wallet will be stored on the customers device and remain under their control at all times, Deloitte retains the ability to modify if circumstances change, as noted in the statement:
“Credentials are digitally signed by Deloitte. Deloitte can revoke credentials using blockchain technology if conditions of the customer have changed after the credential was issued.”
Related: Deloitte dives into immersive experiences as more industries turn to Web3
Ingo Rübe, founder of KILT Protocol said that the streamlined identity solutions built on KILT allows customers to use verifiable digital credentials across multiple services, whilst maintaining control “over when and where to share personal information.”
As a Polkadot parachain, it also provides the “scale and security needed by enterprise partners,” he added.
Polkadot tweeted shortly after the announcement on May 4 that Deloitte leveraging KILT's solutions to support its KYC and KYB processes is vital for safeguarding itself against illegal activity.
2/ Deloitte will leverage KILT’s reusable digital identity credentials to support its Know Your Customer / Know Your Business processes (KYC/KYB) – vital for protecting financial institutions against fraud, corruption, money laundering and terrorist financing.
— Polkadot (@Polkadot) May 4, 2023
This comes after it was reported on April 26 that there were over 300 crypto-related job opportunities available at Deloitte, at the time of writing, with almost all them being posted in the same week.
Meanwhile, a search for crypto related job openings at the other Big Four accounting Firms – Ernst & Young, KPMG, and PricewaterhouseCoopers, showed no results.
Magazine: Magazine: Joe Lubin: The truth about ETH founders split and ‘Crypto Google’


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Our industry is ever-changing. Get insights and perspective from our experts as we share our knowledge and experience on how to successfully navigate the marketing landscape.
Topping a list of 10 brands that were recognized for highly effective work this year, Netflix isn't what you would call a quintessential marketer. For one, the streaming video service does little in the way of traditional marketing. And what it does do, it doesn't like to discuss. The A-list.
Once a mysterious entity shrouded in secrets, luxury fashion brands have been forced to adapt for the digital age by overhauling their season-based approach to selling, and making goods available immediately via an online click. However, they are now at risk of “devaluing” their brands by bowing to the pressure of younger audiences who are constantly demanding for the new, and instantly. New - now.
This year has seen a series of moves that further consolidate the media landscape. Verizon is close to acquiring Yahoo, the creation of Group Nine Media came out of the merger of 4 distinct digital media companies, and NBC acquired DreamWorks Animation for approximately $3.8B. While acquisitions are nothing new to the industry, averaging 20 per year since 2012, media companies are now planting their flag in emerging tech areas such as VR/AR. The hottest item of the year.
Snapchat ads are getting a bit more targeted. The mobile app has inked a deal with Foursquare to power its location-based geofilters with more data that marketers can use to pinpoint where their ads are served. While Snapchat started offering location data to geofilter advertisers a year ago, brands in theory will now be able to create more targeted and specific parameters for geofilters using Foursquare's data. Fine-tuning with Foursquare.
Those article recommendation boxes at the bottom of publishers’ article pages have a clickbait problem, which is why prestige publishers Slate and The New Yorker recently removed the modules from their sites and others are reconsidering them. In testing, “it makes people angry,” About.com CEO Neil Vogel said of the content in the modules. But how do these links get there in the first place? Survival of the spammy-est.
In a platform world, publishers face tough decisions on where to place their resources. In August, The Economist faced this head on and axed its ailing Pinterest and Tumblr accounts while ramping up its commitment to LinkedIn. The publisher had been experimenting on Pinterest for the past six months. But even with a social media team that had grown from two to 10 people, The Economist couldn’t make it click. Not for the serious.
Premium publishers and broadcasters have been long aware that programmatic sales are an integral part of their ad strategy. Having moved far beyond the basics of exchanges, publishers are now concentrating on how to take advantage of the methods that have come to the fore this year: automated guaranteed and ad reinsertion. Efficient intimacy.
Technology is moving forward at a breakneck pace in today’s world. New tools and innovations are emerging daily. It can be incredibly overwhelming to marketers who are trying to provide the most up-to-date experiences for their audience, but it doesn’t have to be. After looking at the rising trends across the digital landscape, it’s clear there are three major concepts that should be your focus: experiential, storytelling, and wearable tech. Go time, folks.
Advertising has had a long history of being much-maligned. Nobody likes ads, we just put up with them. We recognize that they prey on our insecurities but, by virtue of both their prominence and ubiquity, can’t escape them. Well, one company appears to agree that its public ads do belong to you, and are yours to take and re-use. They're on to something.
Google, which is set to report Q3 earnings this week, now makes more ad dollars from mobile than from the desktop globally, according to eMarketer’s latest estimates of ad revenues at major publishers. But in its home market of the US, that revenue flip is still in the (very near) future. Mobile now reigns.


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Accelerator program connects startups with funding and guidance
The Chamber and Missouri State University have both worked hard to identify gaps in the entrepreneurial ecosystem. The Chamber—along with its development arm, the Springfield Business Development Corporation—have worked tirelessly with community and business leaders, offering their expertise to help create and fund several programs aimed at addressing those gaps.
One such program was started earlier this year. The eFactory Accelerator is a 12-week intensive program to help startup companies by offering investment capital, business space and additional assistance.
The first four companies chosen for the Accelerator program were introduced during an August 10 open house event: The Daily Scholar, which develops cloud-based education and business software; Eagle Speak, a business communication platform; MOFIN Labs, which develops business solutions for financial institutions; and ShopZeely, an interactive video-based shopping platform.
“We’re incredibly honored to be chosen,” said Eagle Speak CEO Jason Arend. “We’re deeply passionate about growing the high-tech and entrepreneurship communities in an effort to create more jobs in technology, foster talent and attract more investors to fund local startups.”
For Eric Ham, CEO of MOFIN Labs, the Accelerator program marked a great opportunity to bring a strong idea to fruition. “We had a collaboration concept that we felt was needed in the community banking and credit union industry,” Ham said. “We knew if we could pitch the concept to the accelerator group and have them see what we saw in it, we would have a chance to turn our idea into a tangible solution.”
Each of the four will receive significant assistance to get their business off the ground, including:
- A $30,000 investment, in exchange for 8% equity, from The eFactory’s Seed Capital Fund (supported by the SBDC, MSU Foundation, Missouri Technology Corporation and RMI)
- Use of office space and technology
- Business consulting services
- Access to a network of mentors and presentations from industry professionals
“We’ve had exposure to marketing, ‘growth hacking,’ financial planning and many more experts,” said Bernitha Medford of Shopzeely, who relocated from the Dallas area to take advantage of this program. “The benefit of solid expert advice, counseling and mentorship has taken us from seasoned product developers to legitimate business owners in a matter of weeks.”
Andrew Goodall, CEO of The Daily Scholar, says his company plans to use the program’s assistance to develop a go-to-market strategy and connect with local schools to test the software and grow the company.
“We applied because we wanted to participate in a program that would help us successfully transition from a company with a product to a full-fledged business with a product to market and sell,” he said.
This group’s participation will conclude October 24 with a demo day for their products, which the business community is encouraged to attend. Meanwhile, applications for a second group of four companies will open October 1; those companies will participate in a second session before year-end.


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A recent study from the RAND Corporation comparing generic and brand-name drug prices in the US to those in other OECD countries found shocking results. While generic drug prices in the US are lower than in a number of other countries, brand name drugs were 344% more expensive.
“As debate intensifies over the cost of medicines, a new analysis found that prescription drug prices were on average 2.5 times more expensive in the U.S. than in 32 other countries. And that gap widened to 3.4 times costlier when looking specifically at brand-name medications.” Read more here.
(Sources: Tara Bannow, Modern Healthcare, 1/28/21; Ed Silverman, STAT News, 1/28/21; Janel Miller, Helio, 1/28/21)