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Internationalization of UPI: A game changer
India's payment platform UPI was launched in Paris during the Prime Minister's visit to France. This looks like a small beginning, but it is indicative of India's emerging identity in the global payment systems. UPI was launched in 2016 by the National Payments Corporation of India (NPCI), an Indian government agency. It is an instant digital payment system through which money is exchanged between different banks. The great thing is that it is based on the Indian rupee. In this regard, Prime Minister Narendra Modi has said in his statement in France that now Indians can make payments easily, even from the Eiffel Tower of France. A new feature has been added to UPI, called UPI International, for use of UPI by international payers. Due to which payment can be made from Indian Bank accounts to foreign banks, with the help of QR code. UPI payments were already possible in Bhutan, Nepal, Singapore, UAE and Mauritius, and now France has joined the list.
Significantly, in the year 2022, a total of Rs 149.5 lakh crore worth of online transactions took place in the country. In these transactions, transactions worth Rs 126 lakh crore were done only through UPI. A total of about 88 billion online transactions were recorded in the country last year. According to a report by Price Waterhouse Cooper, the number of online payments could reach one billion per day by 2026-27. More importantly, India accounts for more than 40 percent of all online transactions in the world. The great thing is that prior to the recent levy of charges on wallet payments above Rs 2000, online transactions in India have been completely free. Internationalization of UPI is a major priority for NPCI. In 2022, NPCI announced that it would coordinate with banks and payment companies in several countries to enable UPI payments in those markets. Since then UPI has been launched in many countries and preparation is going on in many other countries. Users will be able to make and receive payments in a more convenient and secure manner at locations other than their own. Merchants will be able to reach out to a wider customer base and accept payments from Indian customers. UPI is a convenient as well as a secure payment system. In today's era of cybercrimes it is also a secure payment system that uses two-factor authentication to protect users' accounts. So we see that even with such a large number of transactions, the frauds are minimal. Currently the cost of international payments is very high. Internationalization of UPI will also help in reducing the cost of cross border payments.
It is noteworthy that the campaign to globalize UPI has gained momentum after the sudden disruption of the European system 'SWIFT' in the wake of the Russia-Ukraine war last year. The US had abruptly blocked Russia from receiving payments through SWIFT, the largest global payment network. There was a time when Western countries ruled the financial world, they controlled not only international finance, but also payment systems. SWIFT had a monopoly in global payments. Every now and then the western countries used to threaten the world that if any country does not follow what they say, they will ban that country from receiving payments through SWIFT. Their restrictions usually mean blocking international payments via SWIFT. Now that in the wake of the sanctions imposed on Russia by the European Union following the Russia-Ukraine war, with India's efforts to promote settlement of international trade in Indian rupees, several other regional blocs are also promoting trade in their members' respective home currencies, it’s now giving fitting reply to hegemony of the West in payment systems. This is also giving impetus to the process of de-dollarization in the world. In less than a year, after the Reserve Bank allowed the rupee in international payments, 19 countries have opened Vostro accounts by their banks to accept rupee payments. In this whole scenario, India's effort to promote RuPay and UPI for international settlement and facilitate settlement of trades in Rupee by allowing foreign banks to open Vostro accounts in Indian banks, could prove to be a game changer in international payment systems. With the proven success of UPI domestically and its growing acceptance internationally, India could become a global leader in international payment systems.


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Targeting time-starved consumers, marketers stuff retail shelves with tasty pre-made meals
In the coming year, food marketers are going to focus their marketing efforts and new-product innovations around the concept of home-meal replacement (HMR). This strategy of providing restaurant-quality prepared meals at retail outlets is aimed at combatting the rise of quick-service restaurants such as Boston Market. In its relative infancy now, the $35.1 billion HMR segment is expected to grow to $42.8 billion by the year 2001, far outpacing growth in the packaged-food segment. How that all translates into TV spending remains a big question mark. However, it wouldn’t be surprising to see big budgets for appetizing entries that win market acceptance and are ready to roll out nationally.
In the past year, everyone from megaplayers like Kraft Foods to niche players like Tyson have focused on providing consumers with convenient meal solutions. “HMR is a threat to manufacturers-if we don’t address the changing consumer need,” says Dave Johnson, vice president-category sales at Kraft.
Kraft responded to the threat by acquiring the Taco Bell name for branded meal kits, which are now available in stores in 60 percent of the country. Kraft broke a TV spot called “Dinnertime” to build consumer awareness. In addition, Kraft has focused its large-scale, multi-brand promotions, such as this summer’s “No Oven Summer,” around offering quick-and-easy recipes that require use of Kraft brands and drive sales of other high-margin products such as meat and produce.
Product innovation is the key ingredient to staying competitive. Many companies are developing new offerings to compete directly against restaurants. Tyson, for example, has created Gourmet Selections, a line of chef-developed refrigerated chicken meals that can be heated in under four minutes. The new line is being marketed under the theme, “Fine dining without reservations.” Tyson has also introduced Tyson Restaurant Favorites, a line of frozen meals they hope will gain back share from take-out establishments. Borden, whose new mission is to focus on “grain-based meal solutions,” cooked up new flavors for its Classico pasta sauce based on restaurant trends. It also implemented a new retail concept called The Italian Corner, which offers a variety of made-to-order Italian meals, including Borden’s Classico sauce over its Novita pasta.
Due to the growing popularity of ethnic cuisine in restaurants, ethnic foods are also growing at retail. Hormel Foods has made a concerted effort toward offering consumers everything from Mexican food, with its Chi-Chi’s Restaurant Style Mexican Products, to Asian cuisine, with its House of Tsang line. This year, Hormel has begun to grow its Marrakesh Express line by bringing its Po River Valley risotto line under the Marrakesh banner and increasing promotions and advertising around the line to take advantage of the growth in Mediterranean foods. Quaker Oats, too, has placed increased emphasis on its Near East line of Mediterranean side dishes.
Food marketers are also focusing their advertising around core brands. For example, Campbell Soup Co. in September announced a restructuring initiative designed to free up funds to support their top brands, such as Campbell Soup and Pepperidge Farm. Similarly, H.J. Heinz chairman and ceo Anthony O’Reilly in March announced a reorganization plan designed to strengthen the company’s core businesses: Heinz ketchup and baby foods, Ore-Ida, Weight Watchers, StarKist, Farley’s and 9-Lives. The plan includes increasing media spending by 30 percent over the next two years. -Stephanie Thompson
* Home meal-replacement continues to drive products
* Food marketers to put more muscle behind ethnic cuisine
* Campbell will market core brands aggressively
OVERALL: Spending up moderately
DARK HORSE: Borden Foods’ new consumer-focused branding strategy in meal solutions could force competitors to cook up new products
Copyright ASM Communications, Inc. (1997) ALL RIGHTS RESERVED
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Analysts at Wells Fargo believe that the world's second-largest jewelry retailer Tiffany will benefit from China's trade policy. Fees for the import of 18 types of jewelry, transferred to the category of consumer goods for daily use, were reduced by an average of 68% from July 1 this year. Wells Fargo estimates that the reduction of import duties on jewelry from precious metals and precious stones will add from 10 cents to 50 cents to the profit per share of the US company due to an increase in margins or sales volumes. According to a survey conducted by CNBC, almost two-thirds of US companies expect that US trade policy will negatively affect their business in the next 6 months.
Asian shares buck Wall Street as China rally eases13.10.2020
China’s imports, exports hike on global economic resumption05.10.2020
Fonterra sells its China dairy farms worth $368M to focus on the domestic market30.09.2020
China’s factory activity expands faster on strong overseas demands


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Apple is reportedly bringing its customers a new way to listen to music on the go.
Insiders tell Bloomberg.com the company has reached a deal with several major record labels to let people stream music directly from the Internet to their iPods, iPads or other mobile devices. The so-called “cloud” music service means iTunes users could store all their songs in one place on the Web and sync them to any device, instead of having to download songs onto individual devices with limited storage space. The insiders promise Apple’s new service will have a lot more features than cloud music services recently launched by Google and Amazon.com. Apple still needs a deal with Universal Music and music publishers before it can launch its cloud service. A formal preview could come at Apple’s developers conference next month.


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Photo shows staff members of State Grid Chenzhou Power Supply Company inspecting electric safety at Xiangneng Hualei Optoelectronic Company in the Chenzhou Area of China (Hunan) Pilot Free Trade Zone.
BEIJING, March 24 (Xinhua) -- Staff members of State Grid Chenzhou Power Supply Company on Thursday carried out a thorough inspection of electric equipment to ensure stable power supply at Xiangneng Hualei Optoelectronic Company (Hualei Optoelectronic) in the Chenzhou Area of China (Hunan) Pilot Free Trade Zone (FTZ) in central China's Hunan Province.
"We have been cooperating with companies from multiple African countries since 2022. It is expected that our export volume to Africa will exceed 100 million yuan (about 14.6 million U.S. dollars) this year," said Yao Qiong, representative with Hualei Optoelectronic. The company has witnessed increasing power consumption since the beginning of the year, following a surge in overseas orders.
As a bid to make sure that power supply keeps up with the boosting demand of Hualei Optoelectronic, staff members of State Grid Chenzhou Power Supply Company have been conducting weekly security inspection of the production plant, power distribution room, as well as the electric lines.
The chip production equipment of Hualei Optoelectronic is very sensitive to sudden reduction in the supply voltage, which may affect product quality, introduced Chen Hu, a staff member with State Grid Chenzhou Power Supply Company.
In order to avoid such voltage dip, the State Grid branch has examined and cleaned the distribution grids of Hualei Photoelectric, optimized key lines and redistributed the load. To further ensure voltage stability, the power supply company has also provided customized solutions to quickly respond to voltage dips.
In addition to State Grid Chenzhou Power Supply Company, other State Grid branches in Hunan have also provided zero-distance services for enterprises in various FTZs in the province since the resumption of work after the Spring Festival holiday, optimizing business environment and injecting strong impetus to local economic and social development.
(Edited by Yu Huichen with Xinhua Silk Road, firstname.lastname@example.org)


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Virtual Remittance Gateway (VRG), the fintech company undertaking the State Bank of Pakistan’s (SBP) Asaan Mobile Account (AMA) scheme, Tuesday announced that AMA had achieved 1 million accounts prior to the commercial launch of the interoperable platform, which is subject to a decision pending in the court.
VRG says that the 1 million connections processed 11 million transactions worth over Rs6.2 billion turnover. The fintech company further says that reaching 1 million AMAs had been achieved without any marketing; and just via word of mouth, which shows the acceptability and ease of use.
The company says the account holders include FC soldiers posted on Western borders, receiving their salaries, and then using this channel to send money to their families back home, village-residing parents sending money to their sons studying in cities, city workers, maids, drivers and labourers, which is the demographic AMA is designed to serve.
Speaking at VRG’s Karachi-based headquarter, COO Salman Ali said, “Reaching this milestone is offering financial services to masses and facilitating the poor by bringing digital payments into their lives.”
“With this milestone and focusing on enhancing financial inclusion and working closely with the State Bank of Pakistan (SBP), Pakistan Telecommunication Authority (PTA) and telecom operators, VRG being a PSO/PSP jointly licensed company of Pakistan has cemented its position of providing many-to-many financial services platform,” a statement from the company read.
The company further expects that by the end of the year, the AMA accounts will hit the 5 million mark and will add 10 million more accounts by March next year, and aims to enable 65 million new AMA accounts to be facilitated by USSD channel by 2023 under the National Financial Inclusion Strategy (NFIS), which is part of the 2030 UN’s Sustainable Development Goals.
Initially concepted in 2012, the Asaan Mobile Account scheme was started under the third-party service provider (TPSP) regulations introduced in 2017 by the SBP. Under the AMA scheme, a USSD code enables banks and telcos to open bank accounts on an SMS-based service on cell phones without any requirement of connecting to the internet.
In July last year, VRG became the first company to receive a formal go-ahead from the State Bank of Pakistan and the PTA for the commercial launch of a USSD-enabled interoperable platform under TPSP regulations, after completing its pilot in March 2020.
VRG claims to be revolutionising the destinies of tens of millions of Pakistanis, which is almost 80 per cent of the adult population without bank accounts, through the AMA, creating a vast change in their lives by allowing low-cost banking, eventually consolidating the fragmented payments ecosystem of Pakistan and enhancing financial inclusion.
A user can simply dial *2262# on a smartphone or a non-smartphone, and sign up with any of the partner banks using just a CNIC. Once activated, the Asaan Mobile Account allows users banking transactions like balance enquiry, mini-statements, fund transfers, mobile top-ups, utility bill payment, pin changes, and account closure through an SMS-based service, and, therefore, has the potential to penetrate deep into the low-income demographics and give them low-cost banking.
Following the approval for commercial launch, VRG went through intense due diligence by the PTA, SBP and law enforcement agencies, and obtained the commencement certificate from PTA in April 2021, and the final authorisation letter from SBP in May 2021.
But soon after, a stay order was obtained against PTA and VRG to prevent it from undertaking a commercial activity under AMA, which VRG says is aimed at serving the people of Pakistan.
“The court decision usually takes 90 days, whereas over 250 days have already passed, since the judgment reserved which one understands is due to a huge backlog of cases,” VRG said in a statement. “The expectation is that in the greater public interest affecting the lives of tens of millions of poor people, the honourable court will give a decision soon,” it added.


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In recent weeks, price increases have continued for practically all vegetable oils, except rapeseed. Of particular note are the price rises in lauric, coconut and palm kernel oils. Energy commodities have also risen. Oilseed production is in the spotlight and the news is followed with special attention. Some news of interest in recent days are:
• A larger than expected drop in the US soybean crop is anticipated.
• Rapeseed production in Canada will fall from initial forecasts due to high temperatures.
• Weather is favourable in Ukraine and Russia for sunflower.
• Uncertainty about the escalation of the war in Ukraine has increased and attacks on port infrastructure are a concern.
At a global level, this is the current situation regarding the prospects for the production of the main oils and fats:
Palm oil is currently offered at a significant discount to soft oils. CPO (Crude Palm Oil) prices fell after losing market share to soybean and sunflower oils, widening the discount and thus increasing buyer interest.
India, the world’s largest importer of oils, has significantly increased its imports in June, replenishing stocks in view of uncertainties in the Black Sea region. For July, Reuters anticipates CPO oil imports of 1.1 MnT.
The good availability of lauric oils has contrasted until June with rather subdued global demand from the oleochemical and food sectors. However, prices for these fats have recently developed some price strength. In Rotterdam, CPKO (Crude Palm Kennel Oil) prices have risen for the fifth consecutive week. Demand for CPKO is slowly recovering after 6 months. CPKO is offered at a premium of around 20/40 USD over CPO. Meanwhile, CCNO (Crude Coconut Oil) prices show high volatility due to very low liquidity in the Rotterdam market. CCNO exports from January to July from the Philippines are 32% lower compared to the same period last year.
In sunflower, Strategie Grains reduced its outlook for the European crop for the new season to 10.5 MnT from 10.9 MnT, still 13% above last season, due to drier than usual conditions in much of Europe, as well as in eastern Romania. There is a risk of further downward revisions. In Ukraine, the outlook for cereal and oilseed production has improved thanks to favourable weather conditions. Sunflower oil prices remain highly competitive, especially compared to soybean oil. In addition, the deteriorating outlook for world rapeseed, US soybean production and the recent attacks on Ukraine are the main factors supporting prices. August is the critical month for world production.
To learn more about the market situation, we invite you to download and read the LIPSA market report by clicking on the button above, where we discuss the following points:
1. Vegetable oil prices
2. Vegetable seeds and oils
3. Rapeseed oil
4. Sunflower oil
5. Soybean oil
6. Palm oil
7. Lauric oils (coconut and palm kernel)


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Sussex, UK (04 March 2021) – Highweald Beverages, the private equity-backed British drinks company operating within the English wine and craft beer markets, has announced its acquisition of Sussex-based Pookchurch Vineyard, positioning the business in the top 10% of land-under-vine owners in the UK.
Purchased for a 7-figure sum, Pookchurch, a 100-acre commercial vineyard that has been producing English wine since 2018, is Highweald Beverages’ fourth acquisition since early 2020 and the second made through its subsidiary brand, Highweald Wine. The award-winning Lakestreet vineyard was the first to join the Highweald Wine portfolio in January of last year, with the addition of Pookchurch Vineyard bringing the company’s total land-under-vine ownership to 124 acres.
The acquisition of Pookchurch adds 800% to production across the Highweald Beverages wine portfolio, increasing potential total yield for 2021 to 225 tonnes of grape as demand for UK wine continues to grow.
Highweald Beverages is supported through investment from the Cadman Capital Group, the boutique specialist private equity investor.
Commenting on the acquisition, Stephen Bayliss, Investment Director at Cadman Capital Group, said: “The purchase of Pookchurch Vineyard not only adds great value to the Highweald Beverages portfolio but evidences our drive and ambition to become one of the major operators within the English wine industry. Joining the top 10% of land-under-vine owners in the UK is an incredible achievement and shows the hard work and dedication that has gone into the Highweald Beverages project since its inception in 2020.”
General Manager of Highweald Beverages, Robin Langton, said: “We’re extremely excited to welcome Pookchurch Vineyard to the Highweald Wine portfolio and are currently in the process of creating extensive plans to optimise production and quality. An additional 100-acres of vineyard space hugely expands our opportunities, and I am excited to see the exceptional wines we will make over the coming years”.
Highweald Beverages aims to further expand its market share within the English drinks market through the acquisition of complementary businesses, vineyards and land within South East England and beyond.
In addition to its English wine businesses, Highweald Beverages also owns two craft breweries – Sussex-based, 360° Brewing Company and Welsh brewer, Conwy Brewery. Collectively, the breweries have a brewing capacity of up to 1.5m litres per annum, the equivalent of 4.5m, 330ml cans.


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Card Factory is looking to expand in seven international markets and has announced its partnership with Middle East-based Liwa Trading Enterprises, which will act as its exclusive franchise partner in the region.
The greeting cards retailer is set to open 36 stores in the Middle East as a part of the partnership.
Card Factory said it was looking to create more partnerships and alliances as it plans to scale its business overseas.
Card Factory chief executive Darcy Willson-Rymer said: “Internationally, we want to grow using partnerships that are capital-light but also use the expertise of others from the market to do it; for example, our partnership in the Middle East.
“Over the long term, we have identified seven markets that we would like to go to. As we build out our knowledge and infrastructure to do that we are starting with markets that are mid-to-low complexity building up to the more complex markets over time.”
The business recently acquired the South African greetings cards and gift packaging wholesaler SA Greetings for £2.5m. The retailer said the acquisition supports its expansion plans in South Africa as it gives “access to key wholesale accounts through the company’s printing, merchandising and warehousing capacity”.
Willson-Rymer added: “South Africa gives us a foothold into both stores and the wholesale market. It’s a really good test bed for us for the things that we would like to do internationally. SA Greetings has manufacturing, merchandising and it services a majority of the supermarkets that are already in South Africa and has 28 retail stores.”
Card Factory has 750 stores in the UK but Wilson-Rymer said it plans to reach 1,100 in the long term with a focus on “underpenetrated” areas such as Ireland and central London as well as to “optimise” the estate as customer footfall patterns change.
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Snap Inc. unveiled Spectacles today, their first pair of display glasses designed for creators to overlay their creations onto the world.
Snap’s press release says that the Spectacles aren’t for sale. They are only available to an undisclosed number of AR effects creators through an application program online, The Verge reports. The battery only lasts 30 minutes per charge.
Snap CEO Evan Spiegel said the idea is to encourage a small portion of the 200,000 people who already make AR effects in Snapchat to experiment with creating experiences for the new Spectacles. He said that AR glasses will take roughly a decade to reach mainstream adoption.
“I don’t believe the phone is going away,” Spiegel told the outlet. “I just think that the next generation of Spectacles can help unlock a new way to use AR hands-free, and the ability to really roam around with your eyes looking up at the horizon, out at the world.”
According to Spiegel, head-worn devices like these new Spectacles will create a big shift in how we interact with computers. He said, “You have to invent a whole new way of interacting with computing when it’s volumetric and integrated with the space around you. So I don’t see Snapchat transitioning to wearables that directly, but one of the things that’s really fun is to think about what the new interaction paradigms can look like.”
The Spectacles are fully integrated with Lens Studio, Snap’s desktop application designed for augmented reality creators and developers to build and distribute Lenses across Snap’s AR platform. By using the program, creators can wirelessly push their Lenses to Spectacles directly for rapid testing, allowing creators to build and interact with their Lenses in real time.
Watch the video of augmented reality creators testing out Spectacles below:


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YouTube Music is reportedly introducing a brand new characteristic that enables customers to create a customized radio record. The characteristic, rolling out to Android in addition to iOS, will let customers select artists, songs, and their frequency. For now, customers can select up to 30 of their favorite artists for customised radio playlist. While Apple Music and Spotify already present the selection to select artists for radio playlist, they don’t provide extra customisation choices. The Alphabet-owned music streaming platform earlier allowed customers to customise their music queue within the Now Playing part.
According to a report by Tech Crunch, YouTube Music is rolling out a brand new characteristic that may let customers create their very own radios playlists by selecting artists in addition to the content material. Users can choose to add as many as 30 artists to create their playlist. They also can select how ceaselessly an artist’s songs seem on a listing. Additionally, customers may even have an choice to apply filters like “new discoveries” or “chill songs” to make their selections.
To create a customized Radio playlist, customers have to go to the YouTube Music homepage and scroll down to “Your music tuner” choice. As said earlier, this characteristic shall be in a position to each Android and iOS customers utilizing YouTube Music app. Moreover, all nations, the place YouTube is accessible, will get the choice for free in addition to paid customers. Once the artists are chosen, customers can apply temper filters like Popular, Deep cuts, and New releases, Pump-up, Chill, Upbeat, Downbeat, and Focus.
The new characteristic will give customers much more management over their music listening experiences, YouTube Music reportedly stated in a mail to Tech Crunch.
Meanwhile, YouTube Music has additionally launched a redesigned library interface on Android and iOS gadgets with speedy entry to playlists, songs, albums, and extra. The new UI has eliminated the Recent exercise tab and class record.
For particulars of the newest launches and information from Samsung, Xiaomi, Realme, OnePlus, Oppo and different corporations on the Mobile World Congress in Barcelona, go to our MWC 2023 hub.
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The original $4m Doge meme NFT will be split into ERC-20 tokens and auctioned off
- The original Doge meme NFT was sold earlier this year for as much as $4 million.
- Now, the new owner of the NFT — PleasrDAO — aims to fractionalize it and offer it to collectors.
- The sale will start today, September 1st, with 20% of 16,969,696,969 $DOG tokens on offer.
Dogecoin (DOGE/USD) has grown to be bigger than ever earlier this year, and it still continues to attract attention and make headlines months after hitting its ATH. The most recent development regarding the coin, however, is actually not about the coin itself, but rather about a $4 million-worth Doge meme NFT.
According to recent reports, the NFT will soon be auctioned off. But, before that happens, it will be broken into small pieces, fractionalized into 16,969,696,969 ERC-20 tokens, and split among those willing to own its fractions.
Doge NFT is getting split and offered to collectors
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The original Doge NFT was previously owned by Atsuko Sato, who is also the owner of the iconic Shiba Inu which started the Doge meme all those years ago. Atsuko Sato decided to sell the Doge NFT earlier this year, in June, and he did so for 1696.9 ETH, which is around $4 million.
The NFT’s new owner became PleasrDAO, which now plans to offer it to the community starting today, September 1st, at 5 pm UTC. The decentralized autonomous organization that focuses on art pieces has decided to split the NFT into 16,969,696,969 ERC-20 tokens, each of which will be named “$DOG.”
The project explained that not all of it will be available for sale at once. In fact, initially, only around 20% will be offered. The sale itself will be hosted on Miso, a well-known open-source smart contract platform. Following its launch, $DOG will become available for trade on DEXes like SushiSwap and Uniswap, as well as on fractional.art.
$DOG use cases
The project has come to the conclusion that the Doge NFT has yet to reach its full potential and its maximum price. So, splitting it into $DOG tokens will allow collectors to buy the tokens at a low price, and then watch it increase in time. In the meantime, holders will also be able to vote on the future value of the NFTas a whole, as well as select a date for the re-auction.
One thing to note is the regulatory standpoint of fractionalized NFTs. Even SEC commissioner Hester Peirce, known under the nickname of Crypto Mom due to her support of the industry, warned NFT issuers to be careful when selling fractional interests. There is a possibility for them to be considered investment products, which could mean future trouble.


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Latest Survival kit Stories
1st Army Supply has expanded their inventory of emergency preparedness products.
NY and NJ fire equipment and emergency preparedness supplier and trainer offers sage winter preparedness advice. Neptune, NJ (PRWEB) January 30, 2014
Brownells now offers more than 1,000 products for those interested in preparing themselves and their families for life's unexpected events. Montezuma, Iowa
FLUSHING, N.Y., Jan. 22, 2014 /PRNewswire/ -- According to the National Highway Safety Administration, auto accidents kill more than 40,000 people in the U.S.
An industry leader in auto survival equipment says its newly released product could be the solution motorists need to ensure safety during the current cold and icy weather. Flushing,
New Article from Legacy Food Storage Discusses What - and How Much - Is Needed to Help Families and Individuals Be Prepared SALT LAKE CITY, Dec.
- To give a box on the ear to.


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Automotive sales slumped 16 percent in 2018 to 357,410 units from a record 425,673 vehicles sold in 2017, on the combination of higher taxes and soaring oil prices that dampened demand, data from two industry groups show.
Total sales of the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association in 2018 were also lower than 359,572 units registered in 2016. The figures excluded sales of other industry groups such as the Association of Vehicle Importers and Distributors Inc.
Vehicle sales in December 2018 fell 29.8 percent to 31,945 units from 45,494 units in December 2017, but Campi and TMA said there were signs of recovery in terms of month-on-month performance.
The two industry groups said combined sales rose 2.2 percent month-on-month in December from 31,258 units delivered in November.
“The auto industry has been recovering since the second half of 2018. We are confident that the continued month-on-month positive sales growth rate during that period will be sustained in 2019,” said Campi president Rommel Gutierrez.
Passenger car sales increased 1.13 percent in December to 9,301 units from 9,197 units in November while commercial vehicle sales went up 2.6 percent to 22,644 units from 22,061 units.
Sales of light commercial vehicles also posted a slight growth of 2.1 percent to 17,963 units from 17,594 units.
The Asian utility vehicle segment posted a double-digit growth of 12.6 percent to 3,539 units from 3,142 units. However, sales of light trucks or category 3 vehicles declined 9.6 percent to 681 units from 753 units.
Category 4 recorded the highest decline of 25.6 percent to 316 units from 425 units while category 5 sales were down 1.4 percent to 145 units from 147 units.
Toyota Motor Philippines Corp. remained the market leader with a 42.8-percent share, followed by Mitsubishi Motor Philippines Corp. with nearly 19 percent.
Nissan Philippines Inc. was third with 9.7-percent share, followed by Ford Motor Company Philippines Inc. and Honda Cars Philippines Inc. with 6.59-percent and 6.52-percent shares, respectively.
The groups said the continuing good performance of the Philippine economy would have a lasting positive effect on the local automotive industry.
“With GDP per capita on a high level, more new vehicle models to be introduced and a strong economy, we welcome the new year with great excitement,” Gutierrez said.
Toyota Motor Philippines said earlier it was expecting sales to increase 10 percent in 2019.


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04/22/2021 | Press release | Distributed by Public on 04/22/2021 13:54
The Mississippi Supreme Court has ruled against Johnson & Johnson in their appeal in a talc labeling case.T he state's complaint, originally filed in 2014, accused the company of violating consumer protection laws by failing to disclose the associated risks of its baby powder containing talc- particularly those associated with ovarian cancer risks to women.
Johnson & Johnson argued that the state's Consumer Protection Act does not apply to the labeling of products which are regulated by the FDA. The Supreme Court refuted this claim and asserted that the State's claim is not barred by any principles of express or implied preemption. Johnson & Johnson is facing 25,000 product liability lawsuits over allegations that its products caused cancer. The company pulled its talc-based baby powder off the shelves last year, both in the U.S. and Canada.


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Wi-Fi Cars, Future Cars
Technology Analyst claim, consumers are increasingly welcomed for the thought of wi-fi car technology, which allows a car to be the warehouse of information and entertainment like a smart phone or tablet computer.
“Initially, the thought of installing internet access in the car sounds disturbing and reckless. But, over time, this car will become part of our lives and people will feel uncomfortable if you do not have the Internet access,” said telecom analyst Jeff Kagan.
A market research from iSuppli estimates that shipments wi-fi system for cars worldwide will grow rapidly. Later in 2017, the number of shipments wi-fi system the car will reach 7.2 million units. Meanwhile, in 2010 there were only 174 thousand units.
Since 2010, the United States car manufacturers, Ford, has been offering free wi-fi technology in several variants of his car. Other automotive giants like General Motors, BMW, Audi, Saab and Chrysler also already offer Internet access in its product line.
Meanwhile, mid-March, the Finnish telecommunications giant Nokia introduced a Car Connectivity Consortium, by including the 11 companies with similar technical standards, including such as Daimler, General Motors, Honda, Hyundai, Toyota and Volkswagen.
Labels: High Tech


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Has GTA V Pre-Order Shown Up in UK Gamestation Stores?
GTA V shows up as a pre-order item in the UK through Gamestation: but is it real or fake?
Gamerzine reported earlier today that GTA V has shown up as a pre-order item in the UK through retailer Gamestation. There is a receipt circling online that clearly shows a gamer was able to pre-order the game before Gamestation was able to remove it.
GTA V has been rumored for a release next year but there has been no official information confirming this. GTA V has also shown up as a 2012 pre-order for a Germany Gamestop but was later taken down as well.
However, a new report has surfaced that has exposed this initial rumor of a pre-order for GTA V might be false. A reader contacted another website claiming to be an assistant manager of a Gamestation and basically stated that the receipt was fake because there is no amount paid and you need to put money down on a pre-order. The assistant manager went on to make other assertions as to why the receipt is fake.
So is this rumor true or false? It is hard to say at this point, what we do know is that Rockstar has remained tight lipped about the game but GTA V will turn up somewhere sooner or later… we are guessing next year.


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The Budget lacks glitter and glamour, just like the man who presented it. But just as the diminutive Mr Mukherjee can turn into a very combative politician, when stirred, the Budget, too, has the potential to suprise. It is a good budget, if it lives up to its promise to bring the fiscal deficit down from 5.9% of GDP to 5.1% of GDP as proposed. That crucially depends on the government finding the courage to raise the price of diesel and fertiliser. Subsidies on these products have been soaring and the Budget has done well to prioritise food subsidy over these and promise to drastically prune non-priority subsidies.
The move to legislate retrospective taxation rights is not good. It might bring in some money but would make India an unreliable economic partner. Taxation should be prospective, including clarifications of the kind that are working up the software producers.
On the other hand, the move to draw new investors into the stock market is a step in the right direction and follows successful European initiatives in the late seventies and eighties. The reform of indirect taxes – moving to a negative list on service taxation, raising and harmonising central excise and service taxes – is long overdue.
The most telling contribution of any budget is macroeconomic balance, or the lack of it. Excessive fiscal deficits, particularly those like India’s that go to fund consumption rather than investment, make for excess demand in the system, feed inflation, raise interest rates, depress investment and widen the current account deficit. This year’s budget makes a credible effort to bring down the fiscal deficit, and that is its biggest plus point. It can be argued that 5.1% of GDP is still too high a level for the fiscal deficit. But this is attainable and credible, provided the government finds the gumption to live up to the budget promise to contain subsidies at 1.9% of GDP. Subsidies have crept up to 2.45% of GDP this year.
Right now, the popular expectation is that the government, without a majority of its own and dependent on allies like Mamata Banerjee who can never see the woods for the trees, will not have the political courage to effect a paradigm change in the political economy of subsidies. This assessment could well prove wrong. Not because leaders of the ruling coalition will discover courage as a virtue in itself, but because failure to act now would lead the United Progressive Alliance into the 2014 elections when prices soar and growth wilts, leading to certain voter rejection. The UPA’s only chance to reach out to India’s voters without being blocked by a firewall of inflation, unemployment and youth resentment is to find the courage to act now.
The economic case for deregulating diesel prices is rock solid. Diesel subsidies only serve to depress India’s growth. It forces the government to borrow, to finance the subsidy, sucking away public savings that could have gone into investment. In the process, it raises interest rates and discourages energy efficiency. But won’t hiking diesel prices push up inflation? There would be a one-shot correction and, thereafter, price rise would stabilise. The US, Japan, Europe and other parts of the world that allow full pass-through of fuel prices have nominal rates of inflation. Along with deregulation of diesel prices, the government should allow independent marketing of the fuel. Right now, because only public sector marketing companies get subsidy, private refiners are kept out of retailing. If the subsidy on diesel goes, these, too, can enter marketing. But this is not enough to have true competition. An independent retailer — Wal-Mart is a major retailer of fuel in the US — should be able to buy fuel from a refiner or import and market fuels directly. Once such competition comes into play, the layers of padded costs that currently jack up the claimed costs of the public sector oil marketing companies would flake away and we would get leaner prices.
The story is similar for cooking gas and kerosene. Kerosene is subsidised as the primary source of lighting for a major part of rural India. But 40% of the subsidised kerosene is diverted to adulterate diesel and even petrol, damaging engines, reducing fuel efficiency and creating pollution. The government and the populace would be better off if kerosene is also deregulated and solar lanterns distributed for free to rural households.
Middle class households get the bulk of cooking gas subsidy. They deserve no subsidy whatsoever. The restriction on supplies caused by repressed pricing of cooking gas makes the urban poor, who lack the social power required to get an official gas connection, buy gas from the black market at prices higher than what they would be in the absence of administrative pricing.
The government should cut the special Rs 10/litre excise duty on petrol, decontrol diesel and petroleum prices and allow independent marketing. It should also reimpose a nominal import duty on crude. Waiting for political consensus on the subject is a waste of time. Act now, or regret later.
The case against fertiliser pricing is even stronger. Repressed pricing has ensured there has been no investment in domestic fertiliser capacity for more than a decade, increasing dependence on imports that become dearer whenever the rupee depreciates. If subsidy is scrapped, fertiliser prices would go up at the depot level, but probably not in the market. There is such a shortage of urea that there is a black market for it, hiking prices. Once prices are freed up, fresh investment and production would take place, wiping out shortage. In the interim, the government would do well to raise support prices to cushion the impact on the farmer. But won’t the rise in food prices feed inflation?
The lasting solution to rising food prices is greater farm production. For that, higher prices arising from greater demand must feed through to the farmer, in the case of all commodities where support prices do not set benchmark prices. Modern supply logistics and elimination of a series of middlemen that currently crowd the supply-chain between the farmer and the retail consumer are essential for this. Along with that, policy restrictions the farmers’ freedom to sell to whoever is willing to pay them the highest price must go. Farmers would be more than happy to forgo subsidy on fertiliser and power, if they get prices that cover costs and offer them a surplus.
Rising incomes in Africa and Asia are pushing up the demand for food and, naturally, food prices. If Indian farmers to take advantage of an expanding world market for food, they need to be rid of the shackles of export bans, controls on domestic trade and commodity derivatives. The government feels entitled to control exports because it has kept domestic prices low enough to make exports attractive through a host of subsidies. Let the subsidies go, and the shackles on farm production and marketing. Farmers will only gain. The government’s focus should be on encouraging farmers to gain organisational forms that will give them bargaining power in the global marketplace. Farmers need to operate through cooperatives or farmer companies, to have bargaining power vis-a-vis large retail chains and agri-business firms.
So, the Budget’s case for cutting non-food subsidies is good. The choice before the UPA is stark: bite the bullet or bite the dust


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The attorney general's office has asked Lehigh County Court to declare a former Allentown photographer in contempt of a consent decree he signed last year after investigations into alleged illegal business practices.
In February 1984, Robert Flick agreed to cease his operations and pay restitution to consumers who filed valid complaints against him with the Bureau of Consumer Protection.
The decree, in the form of a permanent injunction, was to stop Flick and his various corporate entities from conducting "either retail and/or door-to- door sales of photographic albums, photo album plans, personal portraits and other similar photographic goods and services under various names."
Deputy Attorney General Michael Butler told Judge Maxwell E. Davison yesterday that Flick "has shown a consistent disregard for this court's orders, the laws and the injunctions."
Flick did not attend the hearing. His attorney, W. Hamlin Neely, said he talked with Flick Thursday and reminded him of the hearing.
Butler said Flick knew about the hearing when he was served with the contempt petition on April 25.
The petition was spurred by renewed complaints from consumers, he said.
In his petition, Butler contended that Flick hasn't made the $200-a-month payments to cover restitution to consumers, civil penalties and the investigation, opened a photography business in Lopatcong Township in New Jersey and made telephone calls soliciting business from Pennsylvania residents and tried to collect debts from allegedly victimized customers.
"We know he lured people into New Jersey," Butler said.
According to Butler, Flick has not shown evidence that he could not make the payments.
He said Flick is no longer running the Lopatcong business.
Most of the alleged violations occurred from April to August last year.
Neely contended there was no evidence to show Flick wasn't calling people to collect legitimate debts.
He said Flick has paid $2,600 since he signed the consent decree in February 1984, although he conceded the payments weren't made regularly.
He argued that Flick did not try to sell photography plans in Pennsylvania since that time.
Butler said Flick couldn't escape the consent decree because he "moved his operation across the border while still reaching into Pennsylvania.'
Butler asked that Flick be put in jail for up to 180 days and fined for each alleged violation.
Flick's daughter, who is the manager of Hamilton Mall Photo Associates, 834 Hamilton Mall, Allentown, was asked if her father was still involved in the business.
When asked if he sold photo plans since February 1984, she said, "Not that I know of."
Davison said he would read the petition and probably rule within 30 days on the contempt request.


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GOOD GOD SAMSUNG... **facepalm** At AndroidPIT just now, me and a colleague of mine just noticed that the official Samsung App for the Galaxy S3 release is displaying the wrong time! This is not only incredibly BAD for Samsung, but also for fans hoping to watch the live stream on the application. This is truly a mistake that someone could get fired for.
As shown above, the phone will be revealed at 7PM in the UK today (vis Samsung website). That's in 2 hours and 9 minutes, as displayed from the live timer on Samsungs Facebook page. You can see it here:
But look on the timer displaying on my Samsung Unpacked app:
Are we seeeing something wrong here? They are an hour off, although both have LIVE countdown timers! Even if you take time differences into consideration, one of these times is wrong, and it seems like it's the application displaying the wrong information. Look at this picture of the timer on Samsungs FB page and the timer on the app in the same picture:
Ok...confused. So will the app even work to display the stream? Both of these live timers CAN NOT be right, and I certainly hope no one misses the event due to this. Who knows..maybe Sammy can roll out a fix if it is indeed an app issue. Or maybe it's an Android version specific bug? Are any of our readers with the app installed also seeing this confusion?
Anyway, stay tuned to AndroidPIT to MAKE SURE you get all the details of this release at the RIGHT time!
UPDATE: I updated the app around 4 hours ago, and it showed the times I posted in this article. About an hour ago I was prompted to update again (I sent Samsung devs an email via Google Play), and now it seems it's showing the right time. Seems they may have spotted it and released an update a little before I posted the article. Man oh man...what a mess. Be sure and update the app to the NEWEST version guys!


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Online advertising must drive audiences to engagement on topics they care about2012-05-29
The Pitch, AMC’s reality series that pits two advertising agencies in a pitch for business, isn’t what you’d call a ratings success. In its last outing, the show drew about 340,000 viewers. (Compare that to The History Channel’s Ax Men, which attracted 10 times that number.)
It’s tough to sell advertising for a series few people are watching, but Muse Communications—one of the agencies competing on the show—bought the time to air this ad:
Muse, a Culver City, California-based agency run by Jo Muse—an African American—specializes in campaigns that target diversity markets. The commercial was designed to raise the visibility of the issue of diversity hiring in the industry and inspire conversation. In a heartfelt statement, Muse told AdAge, ” It’s time the public felt the outrage of these people who, even now, can’t find a job in this business, much less move up to the executive ranks.” But the ad also doesn’t hurt Muse from a business perspective. A lot of people who had never heard of the agency now are aware of it, its capabilities and its diversity focus.
An image from the ad is among the revolving screens on the agency’s homepage, joining shots from Muse’s client efforts.
The spot reminds me of Don Draper’s letter, published in a newspaper, explaining why the fictitious Mad Men agency, Sterling Cooper Draper Pryce, was quitting tobacco. Like the Muse commercial, the letter isn’t selling anything or representing a client, but rather raising awareness of an issue. There’s a certain synchronicity between the Draper letter and the Muse spot, since The Pitch follows Mad Men in AMC’s Sunday night lineup.
As I read articles and posts about the Muse ad, I kept thinking about GM’s decision to withdraw from Facebook advertising based on the widely-shared view that Facebook advertising doesn’t work. Facebook has a clickthrough rate on its display ads of only 0.5% (compared to Google’s .4%).
I can’t remember where I read that blaming Facebook for this is like blaming the Internet for the poor performance of an e-commerce website. The problem isn’t Facebook. The problem is your ad. Looking at Facebook now, I see ads for laptops that invite me to enter a contest, a custom app developer inviting me to play a game (which I have to “like” before I can play), a politician who wants me to “like” his election page in order to have a conversation about Medicare, a ticket reseller alerting me that the L.A. Kings have made the Stanley Cup Western Conference Finals (I don’t watch hockey) and one inviting me to visit California (I’m in California).
All of these ads are fairly traditional. Instead of calling an 800 number, I’m asked to like a page, but otherwise they’re in-your-face promotions for products. The ads that get clicks are those that understand why people spend time on Facebook and the kinds of ads that will capture their attention. Rather than pitch a Mustang, for example, Ford Motor Company positioned an ad on the Facebook logout screen inviting people to play a game (via an app) that let them not only design their own virtual Mustangs but also challenge their friends to come up with the coolest design.
The app’s availability was reinforced with Facebook Sponsored Stories and Twitter Promoted Tweets, along with homepage takeover ads on Yahoo and elsewhere. A deal with inflight WiFi provider Gogo offered free inflight access to Facebook to passengers who customized a Mustang via the app.
Did it work? “We put a goal of 2 million customized Mustangs out there,” Social and Emerging Media Director Brian McLary told ClickZ last November. “I am pretty confident we’re going to beat that goal. We’ve seen an increased amount of site traffic to the Mustang homepage. We’ve seen an increase in leads. We’ve seen an increase in engagement rates when we post about it on our Facebook page. We’ve seen increases across the board.”
If Muse Communications were to advertise on Facebook, an invitation to view the commercial and engage in conversation about the lack of diversity in the advertising industry would bring a lot more people to Muse’s page than an invitation to review some of their latest campaigns.
There’s a school of thought that argues ads are designed to sell product, but nobody spending time on Facebook wants to be pitched. Yet those who strategize social media know that creating engagement is a step on the path to sales. It was back in early 2008 when John January—creative director for a Kansas City-based agency—told me that we had entered the era when all advertising had to drive customers to social channels. January had been behind just such an effort, using billboard and bus advertising to drive people to a social site to share and vote on pictures of their ugliest rooms, all on behalf of a bank promoting its home improvement loans.
Whether enough agencies and clients will figure out the formula for successful Facebook advertising—including cross-promotion of campaigns focusing on topics the customer is genuinely interested in—in time to boost newly-public Facebook’s revenue prospects remains to be seen. God knows there is an abundance of agencies mired in the practices of the 20th century.
Perhaps diversifying the talent pool could fix that.
Incidentally, Muse lost the challenge to Bozell. I’d argue they still came out on top.


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Trident Honda Awarded Legend Franchise by Honda
Trident Honda is delighted to announce that it has been awarded the new Legend franchise by Honda. Trident Honda's Managing Director, Richard Roberts, says:
Having driven the new Honda Legend, I was astonished at the new levels of technology being employed and delighted that this has been achieved without detracting from the driver's enjoyment. We are greatly looking forward to welcoming the Legend to Trident Honda and to our customers.


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Full Frontal host Samantha Bee made the most of her 5-minute segment during the Turner upfront, unveiling a mobile game aimed at stimulating voter turnout in the mid-term elections and getting off rapid-fire shots at an array of consumer brands.
“I don’t just make a weekly TV show where I shriek my feelings about senators in a studio full of New Jersey tourists,” she said. “We are so much more than that.” In keeping with brand extensions like the show’s Not the White House Correspondents’ Dinner event last spring, or a recent location shoot in Puerto Rico, she said the game represented a prime opportunity for advertisers.
“Full Frontal is going to gamify this bitch of an election with a mobile game. It is called This is Not a Game: The Game,” she announced. “It might be the biggest, dumbest, most ambitious thing that we have ever arm-barred [Turner boss] Kevin Reilly into agreeing to.” The game will feature trivia questions and meet-ups to connect voters and social and digital content, all of it integrated with the linear show.
“That, my friends, is where you come in,” she told advertisers in the audience. “This is Not a Game: The Game, sponsored by Archer-Daniels-Midland. It just rolls off the tongue!” That set off a spree of hypothetical sponsors, complete with illustrations on the big screen behind her. “AXE Body Spray … I will wear your stinky product and people will be able to smell my pheromones through the TV!” she said. “Jell-O, you guys are looking for a new sponsor, right?” As the crowd caught the Bill Cosby reference, it laughed heartily.
“What, helping your country while marketing to a bunch of affluent 18-to-24-year-olds? Did I just hear the sound of 300 rock-hard boners hitting the lighting grid at the Theatre at Madison Square Garden?” Bee howled.
The game is non-partisan, Bee stressed. “I don’t care what your political fetish is,” she said. “Demo-crap, Republi-can’t, cuck-servative. We all need to vote before a Russian hacker does it for us.”
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California State Teachers Retirement System cut its stake in shares of American Eagle Outfitters (NYSE:AEO) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 272,437 shares of the apparel retailer’s stock after selling 15,117 shares during the quarter. California State Teachers Retirement System’s holdings in American Eagle Outfitters were worth $3,896,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of AEO. Dimensional Fund Advisors LP lifted its stake in shares of American Eagle Outfitters by 30.5% in the second quarter. Dimensional Fund Advisors LP now owns 7,220,656 shares of the apparel retailer’s stock valued at $87,008,000 after buying an additional 1,687,520 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of American Eagle Outfitters by 205.6% in the third quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock valued at $32,611,000 after buying an additional 1,534,344 shares in the last quarter. Majedie Asset Management Ltd bought a new position in shares of American Eagle Outfitters in the third quarter valued at $18,202,000. Hamlin Capital Management LLC lifted its stake in shares of American Eagle Outfitters by 16.4% in the third quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock valued at $95,489,000 after buying an additional 940,045 shares in the last quarter. Finally, Contrarius Investment Management Ltd bought a new position in shares of American Eagle Outfitters in the third quarter valued at $12,597,000. 83.20% of the stock is currently owned by institutional investors and hedge funds.
Shares of American Eagle Outfitters (NYSE AEO) opened at $18.06 on Friday. American Eagle Outfitters has a 1-year low of $10.23 and a 1-year high of $19.48. The stock has a market cap of $3,235.87, a PE ratio of 19.63, a P/E/G ratio of 2.10 and a beta of 1.18.
American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). American Eagle Outfitters had a return on equity of 17.42% and a net margin of 4.50%. The company had revenue of $960.00 million for the quarter, compared to analysts’ expectations of $960.86 million. During the same quarter last year, the business posted $0.41 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. analysts forecast that American Eagle Outfitters will post 1.16 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were issued a dividend of $0.125 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.77%. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 54.35%.
A number of research analysts have weighed in on the stock. B. Riley raised their price objective on shares of American Eagle Outfitters from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, December 7th. Wolfe Research upgraded shares of American Eagle Outfitters from an “underperform” rating to a “market perform” rating in a report on Thursday, November 9th. SunTrust Banks reiterated a “buy” rating and issued a $19.00 target price on shares of American Eagle Outfitters in a report on Thursday, December 7th. ValuEngine upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Finally, BMO Capital Markets set a $21.00 target price on shares of American Eagle Outfitters and gave the company a “buy” rating in a report on Tuesday, December 19th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $15.48.
COPYRIGHT VIOLATION NOTICE: “American Eagle Outfitters (AEO) Shares Sold by California State Teachers Retirement System” was first published by Equities Focus and is owned by of Equities Focus. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The original version of this news story can be read at https://www.equitiesfocus.com/2018/01/07/american-eagle-outfitters-aeo-shares-sold-by-california-state-teachers-retirement-system.html.
American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.
Want to see what other hedge funds are holding AEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Eagle Outfitters (NYSE:AEO).
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Retailers are likely to import turkeys from France this year if British producers can’t access enough labour for processing. That is the warning from turkey producer Paul Kelly, of Kelly Turkeys, who said French producers are “rubbing their hands with glee” at the prospect of increased trade.
UK businesses have struggled to access labour since immigration rules changed at the start of the year, ending free movement with the UK. There is an average of 16% vacancies across the UK poultry industry, according to the British Poultry Council.
“The sad thing is 30 years ago about 30% of the UK turkey market was supplied by France,” said Kelly. “Since having access to EU workers the UK turkey industry has built up the farms and infrastructure needed to supply just about 100% of the turkey the supermarkets need – and the supermarkets have been very supportive of quality British turkey production.
“Now, the French factories are rubbing their hands with glee as they can see all that business they used to have returning to them.”
He said the turkey sector will be badly hit this Christmas as businesses rely on agencies who bring in labour from the EU and that pool of labour is no longer accessible. “The larger companies have made the prudent decision to reduce Christmas turkey numbers by at least 20% as they simply cannot process the turkeys without the seasonal labour to do it.
“COVID has not helped the labour situation – but it is not the primary reason as many EU workers have left UK,” added Kelly. “They do not feel welcome anymore and unless they have settled status – which only lasts for five years – the paperwork they need to go through to get here is bureaucratic and is costly.
Kelly, whose FarmGate hatchery business supplies many of the 1,000 small seasonal turkey growers throughout the country, is equally concerned about other farmers’ situation. “These are the farmers who traditionally supply local butchers and farmers markets and sell direct from the farmgate. They have a potential nightmare on their hands if the regular people who help them every year with plucking and processing turkeys have not got settled status.”


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Minister of infrastructure Andriy Pivovarsky argues that the new «silk road» can be economically and on time movement of goods is not worse than the route across Russia. He said this, speaking in the Verkhovna Rada during the hour of the government.
«We have completed almost a 12-month process to develop alternative routes of delivery of Ukrainian goods from Central Asia, from Europe, bypassing the Russian Federation. Realizing that we have a constructive neighbor who at any time may cease to fulfill the obligation, we were forced to look for alternatives,» he said.
NBU: balance of payments of Ukraine in 2015 surplus for the first time in five years
«Such an alternative to China and back to Europe we found. Experimental train from the port of Ilyichevsk to the border between Kazakhstan and China to Dostyk station, it is almost without technical problems,» he said.
According to him, traffic slowed, the human factor and natural – there was a storm in the Black and Caspian sea: «Instead of the expected 12 days the train reached the Chinese border for 15 days. But 3 days is a purely human factor we can completely remove it, 2 days is the passion of nature, a storm.»
«Coming this way, we clearly understand that we can, we are able to make this journey in 10 days. This is absolutely possible. An alternative path through the Russian Federation runs 9-10 days. That is, the logistic time of passage of «silk road» from the port of Illichivsk via Georgia, Azerbaijan, Kazakhstan to the border with China can take place at exactly the same time as the alternative,» said brewer.
«Yes, there is still a problem in the economy. «Silk road» today is a little more expensive than the existing alternative,» he admitted.
«But if tomorrow the Russian Federation will prohibit the transit of our goods from the territory of Belarus and its territory – how are we going to deliver goods to Central Asia, to our historic markets of Georgia, Azerbaijan, Kazakhstan and others? At the moment we have an alternative path,» said the Minister.
Brewer said that «Ukrzaliznytsia» and the company «Liski» the objectives are to create economic conditions for the economy «silk road» has improved, because «it is absolutely possible.»
«In the opposite direction the train will go until the end of February, he will return to Ukraine. Will be worked out all the logistics «bottlenecks», he said.
«And in the area of 20 January in Baku will be signed a final Protocol, which shall resolve all the technical problems, all bottlenecks – and we can say that since March this train can go into normal business mode», — said the Minister.
He stressed that the leadership of «Ukrzaliznytsia» and the company «Liski» will need to engage in marketing and business. «If you can’t, we will find those who can,» said brewer.
As reported, the solemn departure of a freight train from Ukraine to China via the silk road trading route bypassing Russia through Georgia, Azerbaijan and Kazakhstan took place on January 15. All formalities between the countries — participants of the experiment were resolved within a few days, including the establishment of a competitive feed-in tariffs for cargo transportation on this route.
This route was developed in the beginning of January this year in response to the actions of the Russian Federation, the ban on 4 January transit of Ukrainian goods through Russian territory in the framework of the General policy of protection of the Russian market, the Kremlin adopted in response to the entry into force of the Agreement on free trade zone between Ukraine and the EU. The FTA agreement entered into force on 1 January 2016.
February 1 brewer reported that the test flight of the «new Silk road» was successful, 1 February, the train arrived at the station Dostyk on the border of Kazakhstan and China.
«Silk road» can go into normal business mode in March — brewer 05.02.2016


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After six years, McDonald's is bringing the Halloween item back.
The firm declared that its collectible Happy Meal pails with a Halloween theme would be returning.
According to KNBN NewsCenter1, that would be a dream come true for individuals who signed several recent online petitions to bring back the beloved pails,
which have been missing in action since 2016.In 1986, McDonald's released their plastic buckets with DayGlo-hued Halloween designs (via USA Today).
They were a companion product to McDonald's now-famous Happy Meals, which were introduced in 1979 and are still popular today (via Nerdist).
The fact that they could be used for both collecting Halloween candy and as Happy Meal packaging.
They were also very sought-after, despite some people feeling that the pails were a little too small for collecting Halloween candy (per Dread Central).
The new pails, which according to USA Today were created with a reference to the original, come in three variations for those who are interested.
Each has a unique face, colour, and lid that are all related to Halloween.
The McDonald's Halloween Happy Meal pails will be offered beginning on October 18 and will last through October 31 or until supplies run out, whichever comes first.


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Chelsea star Kai Havertz has donated €200,000 (£172,000) to support those affected by flooding in western Germany, and will auction a pair of one-off Nike boots after this weekend’s game against Arsenal.
The Germany international has family still living in some of the areas affected by the flooding, and wants to inspire others to raise money with Red Cross Germany to help those worst hit.
At least 58 people are known to have died in the North Rhine-Westphalia district while almost 4,000 residents have been forced from their homes.
Havertz, 22, has designed a limited-edition pair of ‘Nike Phantoms’ boots which will be worn against Arsenal on Sunday and then auctioned off alongside a signed shirt to raise funds on top of his donation.
“I’m in a hugely privileged situation and I hope by starting this campaign supporting the Red Cross Germany I can inspire others to give what they can to help,” said Havertz.
“My limited edition boots are a sign of solidarity with those suffering, to show that I stand with my community and I am thinking of them.
“I was so shocked when I first saw the images, it’s difficult to comprehend what the people must be going through right now, but I knew I had to do something.
“By donating money, we can help Red Cross Germany with their relief and assistance efforts on the ground to make sure it gets to people that need it most.
“I want to say thank you to 11TeamSports for their help with logistics and for pledging all money from sales to the campaign.”


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Flipkart, an Amazon-like e-commerce site in India, has raised $20 million from Tiger Global. This brings the company’s total funding to $31 million. Previous investors include Accel India.
Flipkart launched in 2007 as an online bookstore, but recently expanded to Electronics, Mobile Phones and CDs/DVDs of music, movies, games and software. The site is still the largest online book retailer in the country (the site has 10 million titles available), but aims to become an e-commerce destination for electronics, music and more.
Currently, Flipkart has sold 2 million items across all categories and is seing around 4 million unique vistors per month. Repeat purchase rates are around 70 percent. Sales of CDs and books are about half of the company’s revenue, says CEO and co-founder Sachin Bansal. Sales are growing by 25 percent every month, and Flipkart is on track for a $50 million run rate.
Bansal tells us that Amazon has not yet entered the country, but is rumored to be looking at ways to tackle the Indian market. He says for now, Flipkart’s biggest competitor is offline shopping in brick and mortar stores. The challenge in India, Bansal explains, is helping consumers understand the deals they can find online.
Of course, as internet connectivity grows in the country, so will e-commerce engagement and transactions. Bansal says that currently there are 80 to 100 million internet users in India and that is estimated to grow 30 percent year over year. His goal is to create a value proposition that makes consumers realize that online shopping is beneficial. So what are these offers? Bansal says that he aims to create an Amazon Prime like shipping and delivery experience.
Another feature Flipkart offers is a Cash-on-Delivery option, which allows buyers to pay cash to the courier that delivers the item.
Of course, when Amazon eventually does enter India, Bansal doesn’t seem to worried about the e-commerce giant. “Our supply chains and warehouses have built over te past three years, and we have facilities in Bangalore, Mumbai, Delhi and Calcutta,” he explains. “It’s not easy to build the infrastructure in India that we’ve established over the past few years.”
Flipkart will use the new funding to improve the site’s backend, increase warehouse facilities, expand the supply chain logistics, and sales and marketing initiatives.


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Volkswagen has already delivered 500,000 ID electric vehicles (EVs) globally a year ahead of their projected schedule. This impressive milestone comes as the demand of electric cars surge globally as well as in Malaysia.
Meanwhile, Volkswagen right now does not sell any of their ID cars here in Malaysia but Malaysians can “register their interest.” on the website.
This initiative started just a few weeks ago when the local distributor showcased an electric VW ID.3 at its yearly brand event.
Imelda Labbe, Board Member for Sales, Marketing and After Sales at Volkswagen, said “Delivery of half a million ID.s confirms that the Volkswagen models are being well-received by our customers, all over the world. We are on the right track with our electric mobility campaign and our success story continues.”
“Our focus is unchanged, which is, we want to make Volkswagen the most desirable brand for sustainable mobility. The order bank at Volkswagen remains high. We are doing our utmost to deliver the roughly 135,000 ID.s on order to our customers as quickly as possible.” She added.
Moreover, this milestone achievement has given Volkswagen a huge boost in morale and the company is confident it will continue to stay on track to achieving all its goals including only producing EVs in Europe by 2033 and launching ten new electric models by the year 2026.
Now I am very happy that Volkswagen has achieved this but at the same time, I can’t help but feel a bit left out. Maybe it is the Malaysian in me that wants every cool new toy as soon as I see it but the tax structure in Malaysia is highly favourable for EVs and some of my friends also share this sentiment.
Additionally, Volkswagen as a brand has a rather large presence in the country too, even one of my uncles drives a Volkswagen so why won’t the brand just sell at least one or two ID cars here?
Well, private importers (AP Holders have already imported in and started selling a handful of these high tech battery powered cars without warranty or after sales) are starting to make the ID.3 available, used or new.
The ID.3 from the factory comes with 3 battery sizes. You can choose between 45 kWh, 58 kWh or 77 kWh. And that’s not all: the medium battery can recharge a range of up to approx. 260 miles in 30 mins, in quick charge mode with DC (direct current) with 100 kW performance. And with the biggest battery (77 kWh, net), you can travel up to 340 miles on full charge.
This all electric VW Golf sized family hatchback retails for about US44,200 which is about RM184,424.00 before taxes, shipping and AP costs.


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Company Selected for Execution, Optimization and Pricing Efficiencies
SAN FRANCISCO, CA–(Marketwire – August 12, 2008) – BrightRoll, the world’s largest branded video advertising network, today reported the execution of the online advertising industry’s first $1M pre-roll video campaign. The buy comes as part of a global branding campaign and represents a recent trend of advertisers returning to pre-roll video advertising. BrightRoll was chosen for its ability to execute pre-roll across the majority of top 100 media properties on the Web and for important campaign execution, optimization and pricing efficiencies.
The $1M pre-roll buy — the first of its size reported in the online video advertising industry — was executed mostly within one month on a portfolio of more than 30 branded media publishers. The company believes this to be the single largest pre-roll campaign in history. Due to the highly competitive nature of the online advertising industry, the client has requested anonymity.
The campaign follows a recent string of other exclusively pre-roll video ad campaigns executed by BrightRoll. Other brands working with BrightRoll include The History Channel, Chili’s Grill & Bar, National Geographic, Blackberry, Supercuts and Land Rover.
“The world’s most recognizable brands are continuing to move vast amounts of dollars online and we expect those dollars to flow to the highest performing ad unit for branded advertisers — pre-roll video,” said Tod Sacerdoti, BrightRoll’s CEO. “This $1M pre-roll campaign is a testament to the efficiency that we are providing our ad agency customers and the importance of our relationships with top tier publisher partners.”
Pre-roll, defined as a video ad that plays before the start of a user-selected video, is seeing a major resurgence. Another advertiser seeing results from its pre-roll campaign is Chili’s: “We’re extremely pleased with the reception and results that we’ve seen from Chili’s BrightRoll-executed pre-roll campaign,” said Nicole Cochran, senior media manager at Chili’s. “Pre-roll is an extremely effective and cost-efficient way for us to deliver our messages in the most targeted and engaging way, and we believe that it will play a key role in the future of online advertising.”
In addition to pre-roll, BrightRoll offers a suite of proprietary ad units that allow advertisers to extend the value of their existing video advertising creative assets. These include a host of ad units that extend from traditional display inventory, such as the full-screen videostitial unit and an innovative High Definition unit that provides advertisers with the largest distribution of HD-ready video ad inventory available in the industry today.
In May, BrightRoll further enhanced the ad-buying experience by eliminating rich media fees, streamlining the ad-buying process for advertisers and agencies. This integrated solution allows advertisers to execute all of their online video advertising campaigns through a single vendor, including media distribution without video rich media fees — eliminating the hassles of working with multiple vendors to execute an online video campaign.
Launched in July 2006, BrightRoll is the only advertising network wholly focused on matching quality brand advertisers with the country’s top branded media properties. The company executes video campaigns on two-thirds of the top 100 online media properties in the United States. For more information about BrightRoll, visit blog.brightroll.com, or call 1-877-PRE-ROLL.
BrightRoll is the world’s largest and most trusted video advertising network, having served billions of advertisements since it was founded. BrightRoll helps major brands and agencies execute “smart video ad campaigns” across the industry’s leading publishers, including two-thirds of the top 100 online media properties in the United States. BrightRoll’s proprietary campaign execution, inventory management and advertising delivery technology provide brands and agencies with the reach, frequency and scalability needed to achieve their campaign goals. BrightRoll is a privately held, venture-backed company and is headquartered in San Francisco, California. BrightRoll offers its service at blog.brightroll.com.


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GREENSBORO, N.C. – May 5, 2011 – Ray Hutchinson, vice president corporate development at Gilbarco Veeder-Root, will speak at NACStech at the Mirage Las Vegas, May 16-18.
Hutchinson will be part of the expert panel discussion “Servicing the Electric Car Customer” on Tuesday, May 17 at 10:15 a.m.All the major automobile manufacturers are developing electric cars and an increasing number are appearing on the roads. This seminar explores what traditional convenience stores might do to support the changing needs of these motorists.
Hutchinson is responsible for identifying and securing relevant technologies and business relationships to sustain Gilbarco Veeder-Root’s leadership in innovative solutions for customers’ business problems.
NACStech is hosted by the National Association of Convenience Stores, an international trade association representing more than 2,100 retail and 1,500 supplier company members that do business in nearly 50 countries. Gilbarco Veeder-Root is a Hunter Club member of NACS.
Gilbarco Veeder-Root is the global leader of integrated technology solutions in the retail petroleum industry and fleet fueling market. The company provides Gilbarco® fuel dispensers, payment systems, point of sale systems and other equipment and services.
Gilbarco Veeder-Root is also an exhibitor in Booth 403 at the NACStech Show, that runs concurrently with the workshops May 16-18.
About Gilbarco Veeder-Root
Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations. We offer the broadest range of integrated solutions from the forecourt to the convenience store and head office. For almost 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. In fact, we help manage the business and maximize the bottom lines for 19 of the top 20 convenience store operators in the U.S. Gilbarco Veeder-Root. Technology with a human touch.
For further information contact:
Lucy Sackett, Director Outbound Marketing
Tel: (336) 547-5607
Fax: (336) 547-5890


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This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Google Sets Aside Copyright Concerns In YouTube Acquisition
Google's $1.65 billion YouTube acquisition would make it the owner of a company that observers predict is about to be hammered by a barrage of copyright-infringement lawsuits.
Despite predictions that YouTube would die a slow death at the hands of copyright litigants, Google Monday said that it plans to acquire the social video site for $1.65 billion in stock. And both companies today announced other alliances involving traditional entertainment giants.
"The YouTube team has built an exciting and powerful media platform that complements Google's mission to organize the world's information and make it universally accessible and useful," Eric Schmidt, CEO of Google, said in a statement. "Our companies share similar values; we both always put our users first and are committed to innovating to improve their experience. Together, we are natural partners to offer a compelling media entertainment service to users, content owners and advertisers."
The YouTube deal comes on the same day that Google and YouTube disclosed a series of content deals. On Monday, CBS and YouTube struck a strategic content and advertising partnership to put short segments owned by CBS on YouTube in exchange for a share of online advertising revenue.
Google, meanwhile, said it had reached a deal to make Sony BMG Music Entertainment videos available on Google Video and shortly through third-party sites. It also arrived at an agreement with Warner Music Group to offer that company's content on Google Video both supported by ads or for purchase.
In the days leading up to today's announcement, blogger and entrepreneur Mark Cuban wrote in an online post that Google would be crazy to buy YouTube because of the potential liability to copyrights claims—much of YouTube's popularity is attributed to unauthorized copyrighted content and the company's business model has been likened to the ill-fated music downloading service Napster.
But in a conference call for investors following Google's announcement of the acquistion, Chad Hurley, CEO and co-founder of YouTube, dismissed such doomsaying. "From the beginning, we've always respected rights-holders' rights," he said. "And we're going to continue with that mission."
Google senior VP David Drummond echoed those sentiments, indicating that technical solutions to deter copyright violations were under development, including new audio fingerprinting and metadata search technology.
YouTube co-founder and CTO Steve Chen confirmed that his company expected to have new content identification technology active in about a month.
If the deals with CBS, Sony, and Warner are any indication, the major entertainment companies appear to be satisfied that Google and YouTube are more interested in working with them than against them as far as copyright issues are concerned.
But Cuban argues that copyright law isn't on YouTube's side. "They [YouTube] are trying to push the obligation of licensing rights out on the rights holders by hiding behind the Safe Harbor rules of the DMCA," he wrote on his blog.
Like Google, YouTube insists that copyright holders who don't want their content posted online opt-out by sending in a formal notification to remove unauthorized content. Publishers traditionally took the opposite tack: They would opt-in by first securing permission from copyright holders before making use of their content.
We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.


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Tamashii Nations has posted the product page for their Dragon Ball Super: Broly Movie – S.H. Figuarts Super Saiyan God Super Saiyan Vegeta – Super. For it’s release in Japan, the figure is a Bandai Premium Web Exclusive, but will likely see a standard release from Bluefin in the US. The figure includes interchangeable face part, interchangeable hair parts (including Super Saiyan God pieces), interchangeable hands, and swap out folded arms. Vegeta will stand at 5.3″ tall.
Pre-order in Japan are set to go live on December 14th. The new Vegeta figure will be priced at 5,904 Yen (about $52 USD). It’s currently scheduled for a May 2019 release in Japan. Check out the new photos by clicking the headline of the story.


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A promotional video for the upcoming Xbox One game has been created with a giant zoetrope, filmed by a McLaren MP4 12C at 200 kilometres per hour.
HP releases a 30th anniversary edition of the HP 12c calculator that's the same as the original.
Among US carriers, Verizon Wireless, Sprint, and AT&T have so far confirmed the early morning preorders for the 5C.
McLaren's first road car in decades has a tough job to do - it's got to take on Ferrari, Lamborghini and co. Does it have what it takes?
McLaren's second-ever road car is one heck of a ride.
McLaren is all about world leading tech and besting its competitors on the race track, but it's been a while since it made its very own road car. Does the 12C have what it takes to beat Italy's offerings to submission?
Oracle's fiery frontman becomes CTO as Mark Hurd and Safra Catz become co-CEOs. Meanwhile, Oracle delivers another shaky quarter.
Spanning nine years, five titles, and thre generations of Xbox consoles, the Forza Motorsport series has come a long way. Just how long, you ask? Well, see for yourself.
Over time, computers end up full of add-ons and random junk. It’s time to take action.
McLaren's new supercar has borrowed some tricks from the 12C and the P1. Should Ferrari be worried?


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Most Keyless Cars Are Easy to Steal Using Cheap Equipment, Consumer Advocates Warn
Criminals can easily steal top keyless-car models using cheap equipment that’s available online, consumer advocates have warned.
The warning was issued Monday by the organization Which?, following a study by the German automobile club ADAC. The study looked at 237 models of cars that can be started with an electronic rather than mechanical key, and found thieves could unlock 230 of them without much difficulty.
A similar warning about “relay attacks” emerged in the U.S. last year. Thieves can use so-called “relay boxes” to fool the car into thinking the electronic key is right next to it, when the boxes are actually relaying the radio signal from next to the key’s real location.
Which? said the keyless versions of top-selling cars, such as the Ford Fiesta, Volkswagen Golf, Nissan Qashqai and Ford Focus, were all vulnerable.
Here’s a Which? video demonstrating the attack:
“Thefts involving electronic devices are on the up, and it’s clear manufacturers could do more to make their vehicles secure,” the consumer organization quoted David Jamieson, the West Midlands police commissioner, as saying.
However, the U.K.’s Society of Motor Manufacturers and Traders (SMMT) insisted that new cars “are more secure than ever, and the latest technology has helped bring down theft dramatically with, on average, less than 0.3% of the cars on our roads stolen.”
“We continue to call for action to stop the open sale of equipment with no legal purpose that helps criminals steal cars,” said SMMT CEO Mike Hawes.


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According to Research and Markets (www.researchandmarkets.com), new iPad production shipments are projected to climb to 12-13 million units in the second quarter of 2012.
“We project total iPad production shipments to rise up to — 18 million units in 2Q12 driven by strong iPad 3 shipment growth,” according to the research group. “This also indicates that LGD and Sharp may continue to increase their iPad 3 panel supply in the next 1-3 months. In contrast, iPad 2 production forecast appears to slow down although Apple has reduced the street price during product lifecycle transition. On the other hand, total iPhone 4S shipments are expected to decrease to 18-19 million units in 2Q12 meaning that iPhone 4S demand maybe also lower than expected in the next 1-3 months.”
Research and Markets also says that:
° Total iPad shipments are expected to grow up to 18-19 million units in the second quarter of 2012 (2Q12).
° iPhone 4S demand may drop by double digits quarter-over-quarter in 2Q12.
° An iPad mini is expected to enter mass production in the fourth quarter of 2012.


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82% of college students concerned online privacy compromised
When online privacy and security firm AnchorFree surveyed U.S. and U.K. students they found that, while many are very concerned about Internet privacy, few did anything to protect themselves.
College students are among the worlds most digitally and mobile connected, yet a whopping 82% are concerned that their online privacy could be compromised.
According to AnchorFree, this attitude among Millennials runs "counter to common wisdom that Millennials weaned on social media and sharing every aspect of their lives are unconcerned with online privacy".
Among the more than 1,200 students surveyed from 523 U.S. and U.K. colleges, 47% are concerned with keeping their data private only from strangers and just 8% from friends, while just over a quarter (27%) are concerned with keeping their data private from both strangers and friends.
According to David Gorodyansky, CEO of AnchorFree, college students have good reason for concern because they are "more frequently targets of online hackers and identity thieves because of their limited credit and employment histories."
For that reason alone it is critical that college students protect their personal data online, yet many do not. While many of the students surveyed were aware of online threats to their privacy, few seemed willing to take action to prevent such data being compromised.
Nearly two-thirds (62%) admitted to using unsecured Wi-Fi networks at least once a month, yet only 25% protect themselves by implementing virtual private network software. Other findings include:
- Just 41% of students said they use a password locker to protect their passwords and other sensitive data;
- While 85% of students use anti-virus software to protect their computers, but only 35% protect their mobile devices with anti-virus software;
- 14% of college students said they had been victims of identity theft in the past.
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Digital Crew At CIIE, Welcomed An Audience From Europe, U.S., Australia, South Africa And The Middle East To Their Booth At CIIE
Digital Crew At CIIE: The Shanghai National Convention and Exhibition Centre, which is like a huge “four-leaf clover”, became a weather vane for China to open to the world.
China’s first import fair ended on an impressive note, exceeding all expectations. Digital Crew, the multilingual digital agency was present amidst entities like Facebook, Google and 3600 organisations from 172 countries, with more than 4,00,000 domestic and foreign buyers at the expo. China’s president Xi Jinping and Australia’s trade minister graced the expo with their presence to further encourage a rules-based multilateral trading system that allows for the effective flow of goods and services between Australia and China.
Digital Crew’s general managers Carmen Zhao & Jhin Chan from the Australia and China team hosted the audience at the booth. The multilingual team assisted visitors with enquiries about the global market, trade, wechat and weibo services overseas etc. The visitors interacted with the booth through a digital screen stationed at the venue.
Statistics from the China International Import and Export Expo shows that the first import fair traded a fruitful harvest, with a cumulative figure of $57.83 billion. As a ground-breaking platform for co-operation, the Expo was an important public product that China provided to the world for all countries to benefit. The 60-page list of exhibitors in the Expo had businesses from categories that included services, automotive, smart and high-end equipment, consumer electronics, home appliances, clothing, medical equipment, healthcare, food and agricultural products.
Digital Crew displayed their services alongside major entities like Google & Facebook in the technological services sector as it bridges communication gaps between China and the rest of the world thereby, functioning as a portal for trade and digital development.
President Xi Jinping, at the opening ceremony stated that ‘China’s economic growth over the past 40 years has been achieved with a commitment to opening-up. In the same vein, high-quality development of China’s economy in the future can only be guaranteed with greater openness. I have made it clear once and again that China’s door will never be closed. It will only open still wider. China will not stop its effort to pursue higher-quality opening-up! China will not stop its effort to pursue an open world economy! And China will not stop its effort to pursue a community with a shared future for mankind!’
You can reach the entire speech here -> http://www.xinhuanet.com/english/2018-11/05/c_137583815.htm
‘As a multilingual team, we encourage businesses to grow and expand to countries with massive potential and lend all the support they need through our marketing services for effective communication’ Carmen Zhao, general manager – Digital Crew.