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Pinnacle has partnered with CashtoCode to offer the eVoucher service from the igaming payment platform to its global customer base of sports and esports bettors, as well as increase payment conversions in international markets.
Pinnacle intended to collaborate with a payments platform capable of providing secure and dependable online payments for igaming players, while taking into account the complex rules across multiple countries, due to its “global mobile-first user base.”
The operator plans to supply its users with the CashtoCode eVoucher so that they may make immediate deposits via a code, similar to ecommerce gift vouchers, which can be purchased online from “several large international platforms” before being redeemed via Pinnacle’s own channels.
The relationship comes as Pinnacle continues to grow its footprint in the esports industry, which Chief Marketing Officer Ben Cove has described as a “first-rate betting environment.”
Innovators in the iGaming industry
Pinnacle’s Isabelle Delisle, Global Head of Payment Solutions, said: “We strive to be innovators in the igaming industry, and were among the first operators to recognise the esports opportunity back in 2010.
“Therefore, it is important for us to find the right technology and payment partners to maintain this position across different markets and demographics, and we are confident we have found that in CashtoCode.
“We want to give our players more choice and we believe that they will appreciate the ability to make payments instantly online via a simple eVoucher code – a customer journey familiar to millions around the world.”
Seamless and secure payment experience
CashtoCode wants 2 provide a “seamless and secure payment experience” for igaming accounts, as well as allowing operators to launch in various locations at the same time via their “straightforward new deposit option.”
CashtoCode CEO Jens Bader said: “We are very excited about the potential of our eVoucher solution for the global igaming market.
“It enables operators to go live in multiple, distinct regions at the same time, all with a single solution. For customers, it is an incredibly reliable and secure deposit option, while also being very easy to use.”


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Be sure to catch one of the Progressive International Motorcycle shows around the country and use your AMA discount to shake off the winter blahs.
As an AMA member you get $3 off an advanced adult one-day general admission.
Just use your AMA promo code AMA19 when you buy your tickets online at www.motorcycleshows.com.
Progressive, Cycle Gear, and J&P Cycles are major sponsors of the tour, which gives motorcycle enthusiasts and consumers an opportunity to check out the latest models coming to market as well as brand-new accessories, merchandise, and more.
Committed to getting new riders on two wheels, IMS debuted Discover the Ride, a forward-thinking initiative designed to introduce riding motorcycles to consumers of all ages in a safe and controlled environment, on the 2018/2019 tour.
“IMS’ engaging approach to increasing new ridership is exciting and we are thrilled to continue our title sponsorship of this industry leading event for another five years,” says Eric Doubler, Progressive recreational vehicle business leader. “The show provides a fantastic platform for our brand to connect with both new and seasoned riders, and each year we look forward to presenting motorcycle enthusiasts with a can’t be missed experience, deeply-rooted in motorcycle culture.”
Returning to the 2019/2020 tour is the motorcycle builder competition called the Ultimate Builder Custom Bike Show, which is sponsored by J&P Cycles.
Also returning this year is the Marketplace presented by Cycle Gear, an interactive retail space allowing consumers to touch, test, and buy the latest gear, parts, and accessories from key aftermarket brands with specialists on hand to educate, introduce products, and answer questions to any gear needs.
The shows are scheduled for:
- Nov. 22-24: Long Beach, Calif., Long Beach Convention Center
- Dec. 6-8: New York, Javits Center
- Jan. 3-5: Dallas, Kay Bailey Hutchison Convention Center
- Jan. 10-12: Washington, D.C., Walter E. Washington Convention Center
- Jan.17-19: Denver, Colorado Convention Center
- Jan. 24-26: Cleveland, I-X Center
- Jan 31-Feb. 2: Minneapolis, Minneapolis Convention Center
- Feb. 7-9: Chicago, Donald E. Stephens Convention Center
To learn more about the Progressive International Motorcycle Shows, go to www.motorcycleshows.com.

domain: news


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The Anti-Counterfeiting Trade Agreement (ACTA) has hit another pothole in its difficult road to becoming law. It will be decided by the European Parliament in June whether it ever does so. The European...
Campaign worked with BeLeave and Veterans for Britain to funnel money to Aggregate IQ in contravention of electoral law
Companies are challenging Amazon in retail and cloud
Computing's new event will feature a host of top CIOs discussing their approach to AI and ML, and reveal how they're turning the trend to their advantage
Blockchain update: Accenture and Thales join forces to create aerospace and defence supply chain system
Aim to tackle grey market in counterfeit plane parts


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Kicking off this week is the 2014 NAB Show, the National Association of Broadcasters’ annual trade show for broadcast content and technology. The NAB Show is often a launch point for new video products and this year is no exception, with AMD using the show to launch their new FirePro W9100. First announced last month, the FirePro W9100 is AMD’s new flagship FirePro video card. Based on AMD’s Hawaii GPU, the FirePro W9100 is a fairly straightforward update to AMD’s FirePro lineup, bringing with it the various GCN 1.1 feature upgrades along with Hawaii’s stronger overall performance and greatly improved double precision (FP64) performance. AMD FirePro W Series Specification Comparison AMD FirePro W9100 AMD FirePro W9000 AMD FirePro W8000 AMD FirePro W7000 Stream Processors 2816 2048 1792 1280 Texture Units 176 128 112 80 ROPs 64 32 32 32 Core Clock 930MHz 975MHz 900MHz 950MHz Memory Clock 5GHz GDDR5 5.5GHz GDDR5 5.5GHz GDDR5 4.8GHz...
As something of a counter-event to NVIDIA’s gaming showcase taking place in Montreal, Canada this week, AMD has organized an early, brief reveal of their forthcoming Radeon R9 290X...90 by Ryan Smith on 10/17/2013
During the past week, AMD revealed their new R7 and R9 desktop GPUs, which mostly consist of rebranded 7000-series parts (e.g. the R9-280X). The one exception is the R9-290X...20 by Jarred Walton on 10/9/2013
After being announced back at AMD's 2014 GPU Product Showcase, today AMD is finally launching the Radeon 200 series. Today we’ll be looking at the new series in detail...149 by Ryan Smith on 10/8/2013
As part of today’s public session for AMD’s 2014 GPU product showcase, AMD has announced a new audio technology for some of their upcoming GPUs. Dubbed TrueAudio, Although technical...62 by Ryan Smith on 9/25/2013
At AMD’s 2014 GPU Product Showcase, AMD has just announced their upcoming next generation product lineup. In an unusual move they’re announcing a complete top-to-bottom of products at all...72 by Ryan Smith on 9/25/2013


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- The Beer Association of SA will submit an urgent Promotion of Access to Information Act application to obtain data and evidence that contributed to the decision to extend the booze ban.
- The fourth alcohol sales ban has placed over 4 600 jobs at risk, and R5.1 billion in taxes and excise duties have potentially been lost in the past 14 days, according to BASA.
- The alcohol industry believes that government had already decided to extend the ban, bringing into question consultations with the industry.
The Beer Association of South Africa (BASA) will submit an urgent Promotion of Access to Information Act (PAIA) application to obtain data and evidence that contributed to the decision to extend the booze ban.
President Cyril Ramaphosa on Sunday announced that the alcohol sales ban will be extended for another two weeks, along with other level 4 restrictions, to contain the spread of Covid-19. The third wave is more severe than the previous two waves, he said.
Ramaphosa said the national response to the pandemic is guided by "the latest available evidence and the advice of experts".
"We know that restrictions on alcohol sales reduce the number of admissions at hospitals and emergency rooms with alcohol-related trauma, such as motor vehicle accidents and interpersonal violence.
"Reducing alcohol harm frees up much-needed capacity in our health facilities to deal with Covid-19 cases. Alcohol abuse is also associated with gatherings and non-adherence to public health regulations," Ramaphosa said.
In a statement issued shortly after the president's address, BASA said that in all its discussions with government it is acknowledged that the main driver of infections is large gatherings and the failure to observe mask-wearing and social-distancing protocols. However, the association still has not been provided with data showing the link between alcohol and increased hospital admissions, this despite having requested this information from government.
Understanding the rationale behind the ban
"We have therefore decided to submit our PAIA application in order to understand the rationale for the extension of the current ban when it is clear that thousands more jobs will be shed and billions more will be lost to the national fiscus."
The PAIA is among a growing list of measures taken by the industry to challenge the ban. Wine producer representative Vinpro has filed an interim interdict application to have the ban on wine sales in the Western Cape lifted, and beer maker South African Breweries has also lodged a court bid to overturn the ban.
According to BASA, the latest alcohol ban has put some 4 600 jobs at risk, as well as resulted in a potential loss of R5.1 billion in taxes and excise duties.
The industry estimates that it has lost retail sales revenue of R6.1 billion due to the past 14 day ban, according to the The South African Liquor Brand Owners' Association (Salba).
BASA said that the beer industry and broader alcohol sector had made submissions to the National Joint and Intelligence Structure to allow it to sell alcohol for off-site consumption. "This would allow these businesses to earn an income [and] would stop citizens from buying from the flourishing illicit market while also ensuring they consume alcohol in the safety of their homes," BASA said.
Fin24 earlier reported that the National Traders' Association (NLT) - whose members include taverns and shebeen permit holders and bottle stores - had written to the president to similarly partially lift the alcohol sales ban. The NLT also called for financial relief of R20 000 to affected taverns and permit holders, as well as to introduce a two-year moratorium on liquor licence renewals.
TERS funding on the way
Ramaphosa announced that the Covid-19 Temporary Employer-Employee Relief Scheme (TERS) would be extended for sectors affected by adjusted level 4 restrictions. The details are to be published shortly after the finalisation of the full scheme, it will include details on who is eligible for support.
BASA noted the president's announcement on TERS funding. "We eagerly await the details of this assistance as businesses within the beer industry have received zero financial assistance since the start of the lockdown in March last year," BASA said.
In a joint statement, NLT and Salba - the latter of which represents alcohol manufacturers including Distell, Heineken, Diageo and Pernod Ricard - said the alcohol sector is paying the price for government's shortcomings in the Covid-19 response. This especially amid gatherings in Nkandla ahead of former president Jacob Zuma being imprisoned.
"Despite all forms of gatherings being banned under the current lockdown regulations, the country witnessed a large convergence of people at the home of former president Zuma in Nkandla, but the police took no action. They ignored the public drinking and the public discharge of firearms that was broadcast on national TV," said Salba chairperson Sibani Mngadi.
Where is the science?
The alcohol industry is of the view that government had already made a decision to extend the ban, despite consultations this week. "The decision seems to confirm media reports that the government had intended to ban alcohol sales for 21 days, but opted to announce a 14-day ban to avoid criticism from business and the general public," the statement read.
City Press reported that the extension of the lockdown had previously been decided to last two more weeks.
Salba now intends to seek clarity from Parliament in order to establish whether Ramaphosa "deliberately" misled the public on the length of time the restrictions would be in place.
National Liquor Traders convener Lucky Ntimane called for Ramaphosa to engage with the industry. "There is an apparent misalignment between the statements made by the president that consultations are taking place with all affected sectors, when in fact it is a monologue, with [the] industry making numerous proposals and sharing research while government keeps its cards close to its chest.
"At no stage during the past 15 months has government shared the science on which they have based their decisions, despite repeated requests to do so," said Ntimane.


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Yesterday, the Indian smartphone manufacturer Micromax launched its latest device Micromax Dual 5 at Rs.24999. Now the company is likely to launch an affordable device Micromax Bharat 2 with the codename Q402 for the Indian users. The device has been listed on one of the Indian online retailer at Rs 2,999 and attached with a tag ‘Coming Soon’
According to the listing, the upcoming device Micromax Bharat 2 will come with a polycarbonate body and it will sport a WVGA 4-inch display with the resolution of 800 x 480 pixels, 512MB of RAM, internal storage capacity of 4GB, which can be further expandable up to 32GB via MicroSD card slot. It will be powered by the 1.3GHz quad-core Spreadtrum (SC9832) processor and runs on Android 6.0 Marshmallow. The device will come with the dimension of 120 x 63.6 x 10.05 mm.
It will come with 2-megapixel rear camera with LED flash and a 0.3-megapixel (VGA resolution) front-facing camera. It will be powered by a 1300mAh Li-Ion removable battery.
Connectivity wise, it will include Dual SIM, 4G VoLTE, Bluetooth 4.0, Wifi-802.11 b/g/n, Wi-Fi hotspot, a microUSB port and Accelerometer.
The date of announcement is still unknown, but there is expectation that it will be announced soon.
Proceed with us for more information.


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Staff Reporter –
Masterpieces that capture the heart and eye, but do not max out the credit card are the success behind Auckland’s largest art market.
The three-day event this year will feature more than 1200 artworks by about 350 New Zealand artists. The diverse collection will include a number of budding artists.
The supermarket concept has a fast turnover and artworks are constantly replaced when something sells. Prices range from $100 to $5000 with a wide choice.
Forty finalists at the Secondary School Art Competition will also exhibit their works and they would know the names of winners at the event.
The Original Art Sale opens with a charity gala night on May 14, with proceeds from ticket sales donated to Kidz First Children’s Hospital.
The programme will commence at 630 pm with drinks and networking.
People purchasing a $49 ticket online of the opening night will have the opportunity to win a Mark Warboys painting donated to Kidz First for this event.
Time and Cost
The Exhibition of painting will be open to the public from May 15 to 17 (Friday 10 am to 5 pm, Saturday & Sunday from 10 am to 3 pm
Tickets for the other days would be $14 for adults, $10 for students, seniors and children (ID essential) $10, and free for children under five years of age. Family passes including two adults and two children are also available at $50.
- The annual sale of paintings brushes well with buyers
- Mark Warboys Painting on sale


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The labels, which the company has been testing since July, are an update from those Twitter used for election misinformation before and after the 2020 presidential contest. Those labels drew criticism for not doing enough to keep people from spreading obvious falsehoods.
The redesign launching worldwide this week is an attempt to make them more useful and easier to notice, among other things.
Continue reading your story on the app
Continue reading your story in the magazine
‘Buy Now, Pay Later' Catches on Just in Time for Holidays
As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments.
Health The growing influence of Apple on healthcare
In a 2019 interview with Mad Money’s Jim Cramer, Apple CEO Tim Cook said: “If you zoomed out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’” After a short pause, he answered his own question: “It will be about health.” Two years on, his vision is already becoming a reality for the company.
COLLINS DICTIONARY PICKS NFT AS WORD OF THE YEAR 2021
Collins Dictionary has chosen the term NFT as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream.
NEW TWITTER CEO STEPS FROM BEHIND THE SCENES TO HIGH PROFILE
Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valley’s highest-profile and politically volatile jobs.
COGNIZANT CEO DISCUSSES FIERCE BATTLE FOR TECHNOLOGY TALENT
Digital services have become more important than ever since the pandemic began in early 2020, and that’s meant big business for major technology companies.
NISSAN INVESTING IN ELECTRIC VEHICLES, BATTERY DEVELOPMENT
Nissan said this week it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.
MISSISSIPPI UNVEILS MOBILE ID PROGRAM: AN APP FOR PHONES
Mississippi is unveiling a new app that’s designed to store someone’s driver license on their phone.
OUTDOOR DECORATING TRENDS: NATURAL, COZY, SUSTAINABLE
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OMICRON UNRAVELS TRAVEL INDUSTRY'S PLANS FOR A COMEBACK
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant.
SPACE JUNK FORCES SPACEWALK DELAY, TOO RISKY FOR ASTRONAUTS
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FROM SQUARE TO BLOCK: ANOTHER TECH COMPANY CHANGES ITS NAME
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UK COMPETITION WATCHDOG ORDERS FACEBOOK TO SELL OFF GIPHY
The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images.
Facebook Shuts Down Its Facial-Recognition System
Facebook doesn’t point to a single incident that prompted the decision, but it comes as facial-recognition systems (and the social network in general) have come under fire.
JIM CRAMER'S DECREE: NO MORE LOW-HANGING FRUIT
The CNBC host says he’s bullish on entrepreneurs—because their creativity trumps any challenge.
Congress Just Can't Quit Facebook
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WHAT THE METAVERSE IS AND HOW IT WILL WORK
The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online.
The Man Behind the Metaverse
Andrew Bosworth is in charge of the project Facebook sees as its future
IN THE MIDDLE OF A CRISIS, FACEBOOK INC. RENAMES ITSELF META
An embattled Facebook Inc. is changing its name to Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg says is its commitment to developing the new surround-yourself technology known as the “metaverse.” But the social network itself will still be called Facebook.
PEOPLE OR PROFIT? FACEBOOK PAPERS SHOW DEEP CONFLICT WITHIN
Facebook the company is losing control of Facebook the product — not to mention the last shreds of its carefully crafted, decade-old image as a benevolent company just wanting to connect the world.
TRUMP ANNOUNCES LAUNCH OF HIS VERY OWN SOCIAL MEDIA SITE
Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said this week he’s launching a new media company with its own social media platform.


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Consumer Education Remains a Challenge in Sodium Reduction
Despite the food industry’s concerted efforts in the last few years to reduce sodium in foods, consumers still have many misconceptions about sodium’s impact on health. As moderator John Ruff, IFT President-Elect, said in his introduction to the “Stimulating Sodium Reduction and Overcoming Technological Challenges” late-breaking session held Wednesday morning, June 27, only 50% of consumers are aware of the link between sodium and high blood pressure. With 31% of deaths in America caused by cardiovascular diseases and the majority of Americans consuming way more than the recommended daily intake of sodium, it is apparent that the challenge to educate consumers is a vital one.
Part of this education needs to entail communicating with consumers about where the majority of their sodium is coming from. According to Ruff, 77% of sodium comes from processed foods, and only 11% comes from cooking and adding salt at the dinner table. However, when consumers think about making an effort to cut down on their sodium, they often forgo the salt shaker at meal time. In addition, “consumers think that salty snacks are the main source of sodium in their diets,” said Ruff, “when in reality, out of processed foods, breads contain the most sodium.”
There are obvious and known challenges to decreasing sodium in such processed foods. As MaryAnne Drake, North Carolina State Univ., explained to attendees, salt is a very functional ingredient in food products. It provides microbial stability, structure/texture, and flavor. And with salty taste being a main driver of liking, reformulating products to lower sodium needs to be done cautiously. “The products have to taste good and similar to their traditional full-sodium counterparts,” explained Drake.
“Very few consumers are willing to give up taste for health benefits,” said Barbara Davis, Health Focus International. In fact, even when faced with a serious illness or heart-related disease, only 17% are willing to sacrifice taste for health. Davis went on to say that in order to drive home the point that consumers need to reduce their sodium intake, the messaging need to be relevant to them. And sometimes, this is not a health message. For example, while 37% of women respond to medically driven concerns surrounding sodium, almost as many (26%) respond more to concerns over sodium causing bloating and water weight gain.
Davis also believes that instituting a new method for labeling sodium on food packaging might help consumers keep tabs on their daily allotment. “Milligrams don’t mean much to consumers when they are looking at the Nutrition Facts Panel,” said Davis. She proposes a point system for sodium, in which one point would be equal to 100 mg of sodium. Similar to the Weight Watchers Points program, consumers would know that, if they are healthy, they should consume 23 points or under a day, and if they are at risk, they would have 15 points/day.
So obviously there are still hurdles to overcome for the food industry to market low-sodium foods and have them accepted by consumers. However, it is clear we are moving in the right direction. “More than 50% of consumers say that reduced-sodium products taste better than they used to,” said Davis. And as Ruff said in his introduction, a step-wise approach to modifying food products is necessary in order for consumers to get used to lower levels of sodium in foods.


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Is the cost of living rising? 21 non-food products and services with the biggest price increases in the last year
The cost of living in the UK increased by a record amount in August, with rising gas and food prices now prompting fears for family budgets over the winter and Christmas period.
Last month NationalWorld revealed the 20 food and drink items that had seen the biggest price hikes in the last year, with food as a whole becoming 0.2% more expensive in the year to August.
Margarine topped the table, with a massive annual increase of 13.4%. There were also big price increases for items such as cakes and pastries, offal, lamb and ice cream.
The data was based on the latest Consumer Price Index (CPI), published by the Office for National Statistics (ONS), which rose by a record 3.2% in the year to August. Figures for September are due out later this month.
But what about non-food products?
The CPI is a measure of inflation that weighs changes in the average price of a basket of goods and services used by households, which can range from energy to haircuts, clothes to plants, personal carers to public transport.
The overall CPI increase masks larger spikes in distinct goods and services, many for activities thought to have increased in popularity during the pandemic – from sewing and gardening, to DIY and camping.
Some year-on-year increases may be temporary, brought about by low costs last year thanks to measures designed to stimulate the economy, such as Eat Out to Help Out and the VAT discount for businesses.
Here we reveal the 21 non-food and beverage goods and services with the biggest price hikes in the 12 months to August, according to the ONS.


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Want to join the conversation?
During 2015, $YHOO increased the proportion of search queries being routed to its Gemini platform. This resulted in reduced paid clicks as the company works to optimize the system. The company expects to see a reduction in the impact on paid clicks by 2H16.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.


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Ankara-based omnichannel retail management platform Ikas has raised an investment from Qnbeyond Ventures, the investment arm of Turkish bank QNB Finansbank, it told MENAbytes earlier this week. It did not disclose the size of investment but said that it valued the Turkish startup at $6 million (post-money).
Founded in 2018 by Mustafa Namoglu, Omercan Celikler, Tugay Karacay and Umut Ozan Yıldırım, Ikas makes it easy for businesses to manage their physical stores, marketplace sales and e-commerce, from one single platform.
It comes with the cloud-based POS system that enables businesses to manage their offline stores and an online marketplace management platform that allows them to manage orders and inventory on different leading local online marketplaces including Trendyol, Hepsiburada, Amazon Turkey, and N11. It also comes with integration options for the leading ecommerce enablement platforms like Shopify, Woocommerce, and Magento.
The businesses using its marketplace management solution can list all their products with a single click, manage the inventory and orders (both from online and offline stores), and send electronic invoices to customers.
The pricing of the solutions Ikas offers depends on the size of the business (i.e. number of offline stores) and whether it is only looking for the POS software, marketplace management platform, ecommerce, or a combination of three. The POS software starts from $235/month (EUR 199) and the marketplace integration from $176/month (EUR 149).
Mustafa Namoglu, the co-founder and CEO of Ikas, speaking to MENAbytes said that they will use the investment to grow their product and engineering team and acquire new customers.
He also said that they currently have over 1,000 retailers on the platform in Turkey and they plan to launch the platform globally next year.
- E&’s big bold bet on tech - May 2, 2023
- Ameer Sherif appoints a new CEO for Wuzzuf and Forasna, moves on to focus on VC, public policy - September 29, 2021
- Marham raises $1 million seed to grow into a healthcare superapp for Pakistan - August 3, 2021


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The Private Label Manufacturers Association has named Doug Bausch, vice president of sales and marketing at LNK International, as chair of its board of directors.
Bausch was elected to a one-year term on April 7 at PLMA’s 2022 Annual Meeting. Bausch joined the board in 2017 and has served in various capacities, most recently as first vice chair. He succeeds Clay Dockery, who led the association for two years and now serves as ex-officio.
“We are pleased to welcome Doug as chair of the board of directors,” PLMA President Peggy Davies said. “The Association and entire store brand industry will greatly benefit from his experience, expertise and insights.”
Joining Bausch on the executive committee are Kelly McGolrick, vice president of private label sales development at Lassonde Pappas, who was named first vice chair; and Kristal Sevcik, vice president of business development at AmeriQual Group, second vice chair.
Sevcik rejoins the board after completing a three-year term in March 2020.
[Read more: PLMA appoints acting president]
In addition to Sevcik, other board members appointed on April 7 are:
- Jeanine Antiporek - senior director, sales (West), Refresco North America
- Anthony Biggers - vice president of private label sales, Simmons Pet Food
- Julia Buchanan - vice president, marketing & communications, Niagara Bottling
- Tyler Cook - senior vice president of sales, Shearer's Snacks
- Daniel David - executive vice president of operations, Global Tissue Group
- Lauren McNamara - vice president and assistant general manager, Plant-Based Food & Beverage, SunOpta
All were appointed to three-years terms, except Daniel David, who fills an unfilled term for one year.
Additionally, broker and supplier representatives were named to the board for the 2022-2025 term:
- Mark Cohen, senior director, marketing, FoodChain ID (supplier representative)
- Anthony Schelich of Marketing Concepts Group (broker representative)


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A late arriving birthday card is a minor irritation, but not receiving any mail for two or three days, or frequently getting someone else’s mail and it’s time to call the Post Office.
Area residents have been grumbling about the mail for months, maybe years, but the arrival of the Covid-19 Pandemic and lockdown seem to have made things worse. Postal customers in Asbury Park, Neptune and Ocean Grove have called their legislative officials to complain and demand answers. Many have also commented on the social media site, Nextdoor, as well.
The issue has been brought to the attention of state lawmakers in the 11th District. Sen. Vin Gopal and Assembly members Eric Houghtaling and Joann Downey have sent a letter to U.S. Senators Robert Menendez and Cory Booker and Representative Chris Smith asking them to get involved and resolve the problem.
“At a time when so many households are relying on the USPS for important documents and correspondence from the Dept. of Labor, utilities/telecommunications services and health providers, it is imperative that this problem be addressed and satisfactorily resolved as soon as possible.”
Employees answering the phone at the Asbury Park and Neptune Post Offices could not comment. A call to the USPS (800-275-8777) yields a recorded message explaining that “the Covid-19 has impacted delivery operations including packages containing medications and First Class mail.”
The message said they are “monitoring the daily performance” of the service, but have no further information.
Here is one of the comments on social media about mail delivery.
“We’re constantly getting other people’s mail. It’s been an ongoing problem since we moved in in September. Our mailbox literally says ‘We love mail! Just not our neighbors.’ I went down to the post office in AP and spoke with the supervisor who thought my labeling was hysterical but not the incorrect delivery of mail.”
At the UPS store in West Grove Square in Neptune, owner Charlie Spiler has been very busy ever since the coronavirus hit in March. The store has not been closed a day since then. Spiler said it’s “Worse than Christmas” with the volume of packages being sent up at least 30 percent He said it’s “tons of returns” of purchases made on Amazon by people stuck at home during the lockdown. With the temperature in the 90s customers are lined up outside the UPS store which allows only three people inside at one time.
Other comments on social media include:
“It’s not so much the coronavirus is affecting it. The only way the coronavirus is affecting the mail is that there’s a lot less mail because of it. But there’s a lot more packages. The reason the mail is getting screwed up is the new Postmaster General is saying no more overtime. A lot of routes are overburdened and if they only let them work eight hours they end up bringing the mail back and have to send it out again.”
And another one, “This is going to affect mail-in voting. Already primary votes have been rejected due to late cancellation at the post office even when they were mailed on time.”


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Apple targeting Samsung Galaxy Nexus with their slide-to-unlock patent
Apple is reportedly turning its attention on the recently launched Samsung Galaxy Nexus smartphone with a new patent claim.
The company is apparently basing this new claim on their recently acquired slide-to-unlock patent.
Galaxy Nexus is the first smartphone in the market to feature the latest Google Android Ice Cream Sandwich edition.
And the slide to unlock mechanism on the phone is the core feature of the Android platform.
Google changed the feature massively in Android ICS compared to previous generations of the platform but the basic functionality remains the same… User has to slide a virtual button to unlock the phone.
It is not clear how it is remotely possible to get around this patent.
Samsung Galaxy Nexus


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TNT is to build a specialist regional parcel hub at IDI Gazeley’s G.Park Swindon in Wiltshire.
Construction of the new 55,898 sq ft build-to-suit facility began at the start of January and is expected to take 24 weeks with the facility scheduled to become fully operational by the third quarter of 2015. The development will serve as a specialist regional parcel distribution hub for TNT’s expanding delivery business serving deliveries throughout Swindon and the South West.
Simon Harper, TNT’s director of operations, said: “Coupled with TNT’s £35 million investment in its fleet of vehicles, the new Swindon sortation centre will enable us to keep parcels destined for customers in the South West within the region, thereby cutting delivery times. Relieving some of the burden on our depots serving areas around Exeter, Bodmin, Bristol, Reading, Slough, Southampton and Byfleet, will enable TNT to increase our speed and efficiency. This will benefit local business and others around the UK because it enables us to efficiently pre-sort shipments going to our main sorting hubs at Kingsbury and Atherstone in the Midlands. Earlier sort times throughout the network mean earlier deliveries to our customers.”
The building will feature 47,717 sq ft of distribution space with the capacity to accommodate 62 delivery vehicles. It will also benefit from 104 car parking spaces, 6,154 sq ft of office space, security gatehouse, 50 metre truck court depth, 101 loading doors and 32 metre building depth.
Nigel Godfrey of IDI Gazeley said: “The continued rise of online retailing brings with it the growing requirement for new specialist logistics and distribution facilities for global customers such as TNT. In the past 18 months, we have delivered in excess of 3 million sq ft of sustainable logistics warehouse and distribution space at key sites throughout the UK for our customers.”
G.Park Swindon comprises of a 98-acre site within close proximity to junction 15 of the M4 motorway. It is capable of accommodating built-to-suit logistics warehouse from 50,000 up to 400,000 sq ft.


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Sure, the United States of America, China, Japan, Germany and the European Union are the front-runners of the robotics industry. But no where in sight is the country Korea, which is home to some advanced robotics technology. We all wonder why.
On the brighter side, Korea takes pride in HUBO and MARU, humanoid robots that raise the flag of Korean robotics.
There is Kaist’s “HUBO” robot which was first introduced in 2004 led by professor and director Oh Jun-ho. While most humanoid robots are sensitive to stumbling, HUBO can handle motor movements such as walking, jumping and dancing. That is the why it is the only robot that can compare to Honda’s Asimo.
Korea also has “MARU,” a humanoid robot capable of simple conversation and developed by Prof. Yoo Beom-jae at the Korea Institute of Science and Technology.
Those two have marked an identity in the robotics world but what is the problem? Sadly, the country has a problem in commercializing these technologies and in gaining support from the government. Even though Korean universities and labs are used for centers of development, industry insiders do not see the robots as becoming competitive in the global market. There is a rampant lack of interest from Korean conglomerates to proceed with their robotics technology.
Roughly 93% of companies involved in present robotics are small and midsize companies, while in other countries, IT giants like Microsoft, SoftBank and Amazon invest hefty amounts in the field. Their government, however, selected intelligent robotics businesses as one of its 10 growth engines for the future in 2004; in 2008, the government passed legislation that would boost the development of intelligent robots and their distribution. But that didn’t actually happen, at least 12 and 8 years later. Much of the problem lies on the lack of a predominant governmental strategy.
There needs to be coordination from different ministries in the government in order to advance their robotics game. For robots specializing in medical treatments, they will need to work with the Ministry of Health and Welfare. For agricultural needs of robotics, there is Ministry of Agriculture, Food and Rural Affairs. There is no structure that will tie these departments.
Perhaps there is still hope that those who will bring about the change in the Korean robotics industry will find their way to the field, because mere convictions from engineers and roboticists just aren’t enough.
Robotics Industry in Dubai, Robotics Industry in China, Robotics Industry in Philippines, Robotics Industry in Singapore, Robotics Industry in UAE, Robotics Industry in Australia


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Sony boss on PS Vita: we’re aiming for the most consumer friendly retail model possible
Andrew House took over as President and CEO of Sony Computer Entertainment just last year, but already has a hardware launch under his belt. Today, the company’s latest handheld game system PS Vita hits European and U.S. shores, offering select games at a lower price when bought online. Despite certain titles not enjoying the digital discount, House believes PS Vita software pricing is “consumer friendly.”
Speaking to the official PlayStation Blog, the Sony boss touched directly on the physical vs. digital debate.
“Customers are telling us that they want both of those options – they like the immediacy and quick access that you get from a flash media solution but they don’t necessarily want to carry a lot of games around with them in addition to the device,” said House. “We’re trying to cater for both of those impulses, even though they’re slightly conflicted.”
Sony confirmed earlier this month that several PS Vita launch titles would see discounted digital versions, saving consumers an average of $5 per game when they purchased over the newly-minted Sony Entertainment Network instead of visiting a brick-and-mortar retailer for a physical copy. The trade-off was that they would also need to invest in a proprietary memory card, which start at $19.99 for 4GBs and top off with a $99 32GB model.
House said that Sony is “taking into account” the money saved on the manufacturing end when pricing the PS Vita’s digital downloads. Unfortunately, several third party publishers haven’t followed suit, leaving a handful of big-name launch titles the same price no matter how customers buy them.
Sony itself broke the standard $40 ceiling for handheld games by pricing the latest entry in its flagship “Uncharted” franchise $10 higher. A physical copy of “Uncharted: Golden Abyss” costs $49.99, while the digital download version is $44.99.
Whether gamers cling to time-tested physical media or go completely digital may hinge on how the latter is priced. The lack of a uniform pricing structure, combined with costly memory cards, could mean digital downloads are gimped from the get-go.
Did you pick up a PS Vita this week? Let us know what you think of it in the comment section.
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Blue Bottle Coffee commits to carbon neutrality by 2024
Blue Bottle Coffee announces a significant next step towards the brand's long-term sustainability goals of leading the food service industry in the boldest, most comprehensive waste and emissions reduction movement.
This commitment by Blue Bottle is to achieve carbon neutrality by 2024. This extends to the entire brand, in the United States and Asia, and from coffee and ingredient sourcing to guest-use and end-of-life greenhouse gas () emissions for product and packaging. Blue Bottle will attain carbon neutrality for its emissions first by reducing as much as possible - including through work with coffee producers to sustain and expand regenerative agricultural practices - then by supporting carbon removal and high-quality offsetting projects for unabated emissions. Blue Bottle has a close tie with Ethiopian coffee farmers through its local partner. In 2022 the company will publish its accelerated roadmap to achieving carbon neutrality by 2024.
"Since our founding in 2002, sustainability has been a core value at Blue Bottle. Sustainability for us means caring for people and planet," said Karl Strovink, of Blue Bottle Coffee. "We are steadfast in providing guests with the highest quality coffee and cafe experience without the need to compromise on our values."
In 2020, Blue Bottle held true to the commitment of compensating for the greenhouse gas () emissions associated with its e-commerce business on orders shipped throughout the United States.
In 2021, the company focused efforts to reduce emissions across four key areas: coffee sourcing, electricity, dairy, and waste. The company also committed to help scale regenerative agriculture as part of its 2024 carbon neutrality target. Blue Bottle made a multi-year commitment to purchase the first available high-quality, registry-certified agricultural carbon credits. Produced by Carbon by Indigo, these credits support farmers transitioning from conventional practices toward more beneficial agriculture.
By next year the company plans a major milestone of carbon neutrality through 2024 to bring fundamental changes to Blue Bottle's business operations along with its partners with suppliers.


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News You Can Use: Ad Week Europe Takes Over London; Cambridge Analytica Takes Over Headlines
Each and every week Unruly scours the web for the latest news, developments and research from across the media and advertising industries.
While the ad industry flocked to London for Advertising Week Europe, the topic on everyone’s lips was the emerging Facebook/ Cambridge Analytica story.
Elsewhere, German media groups teamed up to present a unified digital ID solution ahead of GDPR, and we also announced our new programmatic series of events – Unruly Trust Talks.
A little over a week has passed since the Observer published its story on Cambridge Analytica – and little else has been discussed since. The story has been the talk of the week, covered by national and trade media alike. However, one person not talking about it (at least at the start) was one of names at the centre of the story – Facebook CEO Mark Zuckerberg.
After not saying anything in the first few days, Zuck finally spoke to the press, doing a number of interviews with various outlets, discussing the mistakes Facebook has made and what they would be doing to protect user privacy and data moving forward.
With GDPR on the horizon, many people are considering what unified digital ID processes and systems might look like, and whether they will be a suitable antidote to the increased complexity of a cookie-less world.
In order to answer these questions, German media groups RTL Germany, ProSiebenSat1 and United Internet have partnered to establish the European netID Foundation. The initiative intends to provide guidance for companies preparing for new privacy regulations and introduce a secure, GDPR-compliant login for users.
This week the ad industry descended on Picturehouse Central in London for Advertising Week Europe. As always, the conference was jam packed with panels, keynotes, parties and even karaoke (thanks to The Drum) – with the hottest topics definitely being data, GDPR, the duopoly and, of course, Cambridge Analytica.
A recent study from Rakuten has revealed marketers believe they’re wasting up to 26% of their budgets on ineffective channels and strategies.
The survey, which quizzed 1,000 marketers worldwide, also revealed that about half of respondents said they misspend at least 20% of their budgets. Even more surprisingly, 2.9% believe they waste more than 80% of their marketing dollars.
On April 24, we’re bringing together the sharpest minds in Adland to discuss some of the biggest challenges and opportunities that are shaping the programmatic ecosystem.
The Great Programmatic Debate, which will be hosted at The Hospital Club – will feature voices from all corners of the ad industry – including leaders from The Economist, the Guardian, Accenture, Carat and Mindshare – debating best practices for navigating the ever-evolving landscape of M&A, privacy legislation and digital ID management.


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US: GKN Driveline to create 200 new jobs by 2018
GKN Driveline says it is to expand its Newton, North Carolina, facility in Catawba County, creating more than 200 new jobs by the end of 2018 and investing more than US$100m.
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Guy Beahm, known online as Dr. Disrespect, is launching a new AAA studio called Midnight Society. Working alongside former Call of Duty and Halo developers, the new studio is taking a “community approach to game development” that plans to involve players and influencers at all stages of development.
In a press release, Beahm announced that he co-founded the studio with industry veterans Robert “fourzerotwo” Bowling and Quinn DelHoyo, along with support from esports entrepreneur Sumit Gupta. The studio is still starting up, as they are currently hiring for many positions.
“As a long-time player, streamer, and former game developer myself, I’ve often dreamed of creating awesome titles that entire communities can get behind from day one,” Beahm said. “My vision is to make games that defy the one-and-done publishing model and reward all those fans and influencers who make them a success.”
Midnight Society will lean heavily on early access, with a particular emphasis on high-profile influencers: The studio announcement says one of its priorities is “including communities and influencers much earlier in the development process” than usual. And while Beahm’s participation might seem like the game development version of stunt casting, don’t forget that before he found fame as the mustache that roars, he was a community manager and designer at Sledgehammer Games, with credits on Call of Duty: Modern Warfare 3 and Advanced Warfare.


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Despite reports of plant closings around the country, the computer industry is ``alive and well`` in Florida, said Dan H. Wilke, general manager of IBM`s Boca Raton plant operations.
Speaking at a meeting of the Greater Boca Raton Chamber of Commerce Tuesday, Wilke said, ``The biggest portion of bad news can be attributed to economics.``
He said the U.S. economy is recovering more slowly than expected, too much demand is being met by imports, and computer industry sales are not climbing at the rates expected last year.
``There is a shakeout in the industry. These companies have been growing at a torrid pace. Those who aren`t watching the marketplace are the ones who are going to get caught,`` he said.
Those computer companies that don`t pay attention to strong signals in the marketplace and streamline operations will be left behind, Wilke said. ``Some will not survive, and those who do survive will not go unscarred.``
Sales at IBM, the world`s dominant computer company, are up significantly from last year but have not grown at the torrid pace -- 30 and 40 percent -- of previous years, he said. At the Boca plant, the company is streamlining operations by reviewing discretionary expenses, what Wilke called ``typical blocking and tackling.``
The Boca Raton plant, which develops and markets personal computers, mainframe computers and robotic systems, has grown from 4,700 employees in 1980 to about 9,500 today.
``That site population explosion is indicative of what`s going on in South Florida,`` Wilke said. The computer industry in Florida is ``clearly a growth industry,`` he said, pointing out that 367 computer-related companies employ 96,000 people in the state.


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The #KeepFightingMichael hashtag is sure to bring a tear or two in the eyes of its biggest fans, especially since the latest predictions about its future health have been pretty grim.
The W05 sports the first ever Mercedes-Benz racing engine that is no longer called an “engine” officially, but a “Hybrid Power Unit”, and it was built following the new FIA-imposed F1 doctrine.
With a displacement of just 1.6 liters, the turbocharged V6 is also incorporating a HY-KERS unit that offers about double the power than the motors in previous F1 seasons.
While initially we all thought it was going to sound like a vacuum cleaner on acid, it seems that the new powerplant's exhaust isn't so bad-sounding after all, as this short clip demonstrated us last week. Stay tuned tomorrow for the car's official reveal in the first day of testing at Jerez.


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Mojang has announced the they are getting close to releasing an update to Pocket edition and Windows 10 edition taking them to version 1.0!
The next update is going to be a feature packed one, and includes adding The End, where you can battle the Ender dragon! In addition the build height will increase to 256 blocks tall, and they are addition in the wing suit, known at the Elytra. This is just some of the updates coming, so watch out for more news soon.
If you are playing Pocket edition on an Android device you can sign up to play this update early, you can use this link to sign up, but remember its in beta, so it isn’t finished and may still have some bugs in it until it is release.


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Taylor joined the company as president in June 2021 and has been a member of Zevia's board since March 2021. Prior to Zevia, she served in executive leadership roles at Red Bull North America, including as president and chief marketing officer from 2018 to 2020.
“I am excited and honored to serve as the next leader of Zevia during such a transformative time for our company with exciting opportunities ahead, including further channel and geographic expansion, a brand refresh, and continued strengthening of organizational capabilities,” said Taylor.
Spence, who has served as CEO of Zevia since acquiring the company in 2010, said, “It has been a privilege to serve as Zevia’s CEO for the past 12 years, and I am extremely proud of what we’ve accomplished. Amy and I have worked side-by-side during Zevia’s transformation, and she has been instrumental in developing and implementing our strategies for driving future growth and profitability."
During Spence's tenure as CEO, Zevia achieved a 31% net sales compound annual growth rate from 2010 through 2021, and expanded its product portfolio from seven to over 35 flavors across soda, energy drinks, organic tea, mixers and kids drinks. Spence also helped expand distribution from natural channel retailers into conventional food, drug and mass merchandiser outlets in more than 31,000 retail outlets across the US and Canada, as well as build its e-commerce business.
“On behalf of the Board, I want to thank Paddy for his leadership and dedication to the company’s vision and mission. Under his stewardship, Zevia successfully became a public company and transformed into a disruptive beverage company that has delivered significant growth,” commented Philip O'Brien, lead independent director of the board.


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KUALA LUMPUR, March 18 — The Ministry of International Trade and Industry (MITI) has urged businesses to embrace change and reform while intensifying cooperation with regional partners to seize vast opportunities provided by the Regional Comprehensive Economic Partnership (RCEP).
Deputy MITI Minister Datuk Lim Ban Hong said technologies and digitalisation are the driving force to this transformative change to be able to compete efficiently globally.
“While the government is committed to providing a conducive ecosystem to nurture the growth of local businesses through policies, programmes and continued support to facilitate companies in venturing into new industries and markets, it is the businesses which must act fast, embrace changes and seize opportunities,” he said during the ‘China-Asean in RCEP Implementation: Are Businesses Ready for RCEP’ seminar today.
For Malaysia, the RCEP agreement has come into force today, paving the way for the country to integrate into the world’s largest free trade agreement that involves 15 countries, with a total population of more than 2.2 billion.
Lim also urged the business community to explore the capacity building programmes available in the RCEP framework as it enables the development and expansion of supply chains among members.
“The capacity building arrangement ensures that economies at different levels of development and businesses of varying sizes have the opportunities to maximise the benefits from implementing their commitments,” he said.
He said Malaysia stands to greatly benefit from the larger market integration, thanks to the strategic location at the heart of this region, the reduced trade barriers and better trade facilitation that will further enhance market access to other countries with lower costs for businesses.
“However, in the face of stiff competition, businesses need to act fast,” he stressed.
He also assured that MITI will strive to promote more investment that complies with the environmental, social and governance (ESG) standards and sustainable development goals (SDGs) as well as create a more competitive and business-friendly environment.
On Malaysia-China trade relationship, Lim said Malaysian companies need to capitalise on the strong ties between both countries to partner and collaborate with Chinese and other foreign companies interested to expand into China’s huge market or working with Chinese companies to expand into markets beyond China.
Quoting the Chinese statistics, he said Malaysia’s trade with China totalled US$176.80 billion (US$1=RM4.20), which is a record high in 2021.
“ASEAN, on the other hand, is China’s biggest regional partner with a total trade amounting to US$878.21 billion,” he said.
For Malaysia, the RCEP opens greater opportunities towards economic recovery as the country emerged from the pandemic and the agreement also brings about immense opportunities for businesses to expand within the Asia-Pacific region, he added.


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Today, Stardew Valley revealed in an official press release that the game has officially crossed the milestone of 20 million copies sold across all platforms since its original release. Alongside this news, it was also stated that 13 million of those came from the PC version of the game alone.
You can check out the official press release, which also provides a brief history of the game, right down below.
Stardew Valley was created by game designer Eric Barone, under the alias of ConcernedApe. During the four years he spent solo-developing it, he taught himself the necessary skills to produce the game’s music, art, programming, and design. The game was released on PC on February 26, 2016, and within two months passed 1 million copies sold.
Within a few months the game expanded support to Mac and Linux, it released on Xbox One and Playstation 4 in December 2016, Nintendo Switch in late 2017, and iOS in October 2018. There have been five major post release updates – the first which added new farm maps, marriage options, and content, the second expanded supported languages to include German, Spanish, Brazilian Portuguese, Russian, Japanese and Simplified Chinese.
The third update (in late 2018) added Multiplayer functionality, with network code done by (then) Chucklefish programmer Tom Coxon. Starting with the 4th update, Eric formed a small team to help him update the game. The fourth and fifth updates added significant amounts of new content to the game.
As of March 2022, Stardew Valley has sold over 20 million copies across all platforms, with 13 million copies sold on PC alone.
For more information on Stardew Valley, you can head on over to the game’s official website. You can also check out plenty of guides, news, features, and quizzes for the game in the related articles section at the bottom of the page.


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ADM announces significant actions in ongoing portfolio management
Posted: 16 April 2014 | ADM | No comments yet
Archer Daniels Midland Company announced three significant actions in the company’s ongoing portfolio management…
Archer Daniels Midland Company (NYSE: ADM) today announced three significant actions in the company’s ongoing portfolio management: an agreement to sell the company’s South American fertilizer business, pursuit of the sale of the company’s chocolate business, and the acquisition of the remaining stake of Alfred C. Toepfer International GmbH.
“We are committed to ongoing portfolio management to realize value from our businesses and to deploy our capital where it can best improve returns,” said ADM Chairman and CEO Patricia A. Woertz. “The actions we are announcing today are results of this continuing process. Each of these transactions will help ADM continue to improve returns and create shareholder value.
“These actions complement recent demand-driven strategic investments, such as our $250 million high-value protein facility in Brazil,” Woertz added. “We are taking action to realize returns today and positioning ourselves for continuing profitable growth around the globe in the future.”
Agreement to Sell Brazil and Paraguay Fertilizer Business
ADM has signed an agreement to sell its fertilizer business in Brazil and Paraguay to The Mosaic Company (NYSE: MOS) for $350 million. The transaction consists primarily of five ADM-owned blending facilities in Brazil and Paraguay. The purchase price includes $150 million in working capital. As part of the transaction, ADM will purchase fertilizer from Mosaic after the closing and will continue to supply certain fertilizer customers in Brazil and Paraguay. The proposed sale will be contingent on customary regulatory approvals.
“Our fertilizer team has done a good job building the business since we purchased our first blending facility in 1997,” said Woertz. “But the lengthy value chain inherent in the fertilizer business, along with strong competition from fully integrated companies that have entered the sector, has made it difficult for this business to consistently meet our return objectives. By selling our blending assets—while retaining our distribution business—we will be improving our returns while maintaining our important origination relationships with key growers in Brazil and Paraguay.”
Pursuit of Sale of Chocolate Business
ADM will pursue the sale of its chocolate business, while retaining the majority of its cocoa press operations. The company has engaged advisers to facilitate the sale process.
“Over the last year or so, we’ve taken significant actions to improve our cocoa business, most notably by significantly reducing invested capital. At the same time, we have also seen industry conditions improve as crop supplies have returned to normal,” said Woertz. “Given improved underlying conditions and the success of our efforts to reduce capital intensity, we see a promising outlook for the cocoa press business and believe it will meet our returns objectives.
“We had extensive negotiations with a potential buyer regarding the sale of our global cocoa and chocolate business. In the end, we could not agree to an outcome that met ADM’s objectives. Instead, ADM is moving ahead with a process to sell our global chocolate business while retaining most of our cocoa press operations. This approach will position ADM to realize the greatest overall value from these businesses.”
ADM has chocolate manufacturing operations in Hazleton, Pa.; Milwaukee, Wis.; Georgetown, Ontario; Liverpool, U.K.; Manage, Belgium; and Mannheim, Germany.
Acquisition of Remaining Stake in Toepfer
ADM will acquire the remaining 20 percent minority stake of Alfred C. Toepfer International for €83 million, representing about 1.1x net book value. The proposed transaction, which is occurring through the exercise of a put agreement by Union InVivo, will be subject to customary regulatory approvals. Since 2002, ADM has owned 80 percent of Toepfer; InVivo has held the remaining 20 percent since 2010.
“Toepfer has an important presence in critical origination areas as well as growing destination markets,” said Woertz. “For years, ADM has benefitted from our investment in Toepfer. Now, full ownership will allow us to strengthen this business and fully integrate it into ADM’s global origination network.”
InVivo will remain a strategic business partner for ADM in Europe.


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The fourth annual We Media Conference hosted at the University of Miami offered a peek into the future of media. The common thread from Tuesday’s mind-meld was not the same old “newspapers are dead” theme that so many of these conferences run into the ground. Instead, the focus was on the changing media landscape — an evolution that ultimately leads to a completely social and interactive media. If true, companies will need to focus on social engagement, placing higher expectations on corporate social responsibility (CSR) and in some ways blurring the lines between businesses and non-profits.
This point was driven home again last night as I chatted over dinner with Alan Webber, founder and former CEO of Fast Company. Alan posed the question, “Why MUST we categorize everything as either for profit or non-profit?” He then answered himself, “This is stupid. It makes no sense. Why can’t we make money and make a difference simultaneously? The future of every business will include a foundation or non-profit arm that backs every prosperous company.”
The changes to the business model as we know it offer far more opportunity than challenges. But — and this is a big “but” here — these grand opportunities only exist for the companies that recognize them and adapt quickly.
The most prized benefit from quick adaption is increased revenue and corporate sustainability. And, by the way, you will also be doing the right thing, which will undoubtedly make your mother (and your shareholders) proud.
In most cases, the more you responsibly give back and are able to tell that story the more your company will grow. That’s the advantage of being socially engaged. Your company’s reputation will create public trust and customer brand loyalty, improve investor relations, support employee recruitment and build partnership opportunities. The key is that you must have a strong CSR media strategy which will highlight your efforts in your overall business model.
Earlier this year, Pepsi made a bold move when they opted out of buying Super Bowl ads for the first time. Pepsi is already on to the game — they saw an opportunity to gain social credibility using the would-be ad money to launch their Refresh Everything Project. The project calls for 1,000 idea submissions per month from people, businesses and non-profits to promote positive change. Ideas are judged on their merits and the prize money ranges from $5,000 to $250,000. Pepsi’s strong CSR media plan allowed them not only to capture news buzz around the Super Bowl, but it allowed them to also space out good-will news throughout the year, achieving many of the goals outlined above.
Pepsi seized an opportunity. What opportunities is your company missing? You can lead the way forward today, but need to think differently. Don’t create a strategy around the model where business and media find themselves today — think ahead.
Where will business and media be tomorrow?


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Co-eXprise snags $2M in first VC firm deal
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- Patty Tascarella
Co-eXprise Inc., the Wexford-based developer of supply chain software, has raised more than $2 million from venture capital firm Draper Triangle Ventures, Downtown.
It is an unusual move because it marks the first time the six-year-old Co-eXprise has turned to an institutional investor. The company instead moved directly from angel investors to sustaining itself through fast-growing sales, which hit $6 million in 2008, double the previous year. Typically, a company will have a longer period of taking outside investments.
But recession-riddled 2009 was flat for Co-eXprise, the sort of climate where “you put your head down and keep stable,” said CEO William Blair.
Co-eXprise, which originally assisted companies purchasing commodities such as electricity and gas, developed software that helps clients find the best supplier matches for their design-to-market supply chains. Co-eXprise licenses its software to multinational customers in the U.S., with operations elsewhere, but wants to grow its footprint to clients based outside this country.
Co-eXprise decided Draper’s cash would enable it to build marketing and sales staff to support opportunities in Asia and Europe, increasing local employment by about 50 percent by year-end and pushing 2010 sales to between $8 million and $9 million, Blair said. But Draper’s connections, including the fact that it is the Midwest affiliate of giant Silicon Valley-based venture capital firm Draper Fisher Jurvetson, “a global player,” Blair said, also is important to Co-eXprise.
“We now need institutional investment to get to the point where we can secure conventional lines of credit,” Blair said. “We looked at well over 20 potential partners and found one in this region that had strategic leverage to introduce us to people who might be good matches in terms of acquirers or partners.”
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Barely twenty hours after he officially kicked off Hennessy Artistry’s week-long holiday club-to-club dj tour at the Devino Club in Osu, Manny Norté returns to the same community, for a one-night only event tonight, at the Sisha Lounge.
The event starts at 6pm, and wraps up 2am.
When the best cognac in the world blends with the world’s best musical talents, it is not just an event but a unique, unmissable experience.
Excitement is already building up for a grand invasion of sorts, as he gets to properly set in tune, what the Hennessy Artistry brand is all about.
A experiential brand name that is known for its avant-garde events, the week-long back-to-back, club-to-club tour offers a unique unmissable experience.
Hennessy Artistry continues to deliver the best of entertainment the world over. It’s relationship with the world’s known celebrity faces and names is significant in many ways, and speaks of the brand’s connection with their consumers.
Live 91.9 FM is a media partner for the week-long event.
A enewsgh.com Story


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Opel/Vauxhall's new Cascada mid-sized convertible will be priced more than 14,000 euros less than potential rivals when it starts arriving at dealerships in April as the money-losing brand seeks to attract buyers looking for a cheaper alternative to premium convertibles.
New-car sales in Europe are at the low end of expectations and the market is likely to remain shaky for at least five years as the region implements austerity measures to cut its debts, industry executives warned on Tuesday.
Karl-Thomas Neumann, Opel's new CEO, outlined three priorities while saying he took the job at General Motors' money-losing European subsidiary because of its improved vehicles and GM's commitment to spend billions of dollars turning the business around.
When I saw the new Nissan Note today I asked myself: Am I at the right auto show? Is this really the all-new Note that Nissan said would be dramatically different from the first-generation car? No chance.
Russia is likely to become Europe's biggest market for new vehicles as early as this year as current leader Germany succumbs to the euro zone crisis, according to Toyota Europe's sales and marketing boss Karl Schlicht.
For most people in the Western world, going to the dealership is like going to the dentist. The visit is considered a success as long as it is quick and painless. At Volkswagen dealerships in China the expectations are higher – and the perks are much better.


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The Canadian used wholesale market continues to see prices rise, as we enter the holiday season, prices have increased for the 20th straight week. 17 of the 22 vehicle segments saw prices increase for the week, as declining inventory continues to main driver for the increasing prices. Overall, prices increased +0.25% for the week. The Car segments up +0.28% and Truck/SUV segments up +0.23%. The Compact Van segment saw the largest price increase (+2.10%) for the week, followed by Compact Car (+1.29%).
2017-2019 Average (Same Week)
Truck & SUV segments
• Overall, volume-weighted wholesale used car prices increased +0.28% for the week, continuing the positive trend for the 19th straight week. • The Compact Car segment had the largest price increase for the week (+1.29%) followed by Prestige Luxury Car (+0.55%) and Sporty Car (+0.52). • The Luxury Car segment was the only Car segment to see prices decline for the week, down -0.30%.
• Overall, volume-weighted wholesale used Truck/SUV prices increased +0.23% for the week, continuing the positive trend for the 20th straight week. • The Compact Van segment saw the largest price increase for the week +3.10%, followed by Full-Size Van (+0.97%). • Full-Size Crossover/SUV saw the biggest decrease (-1.04%), followed by Minivan (-0.53%).
Used Retail Prices & Listing Volumes
The average listing price for used vehicles continues to hit historic highs week-over-week, as the 14-day moving average now sits above $32,000. Analysis is based on approximately 120,000 vehicles listed for sale on Canadian dealer lots.
The Canadian wholesale market continues to increase yet again. This past week, almost all segments reported increasing values.
Supply remains low while demand continues to be strong on both sides of the border. Upstream channels continue to tap supply before it can be available at physical auctions.
Conversion rates remained strong this past week. Rates were observed into the 65% range on some lanes last week, with the few low kilometer, good condition units garnering high levels of bidding activity. In general, the quality of vehicles at auction remains somewhat below average as the supply of better-quality vehicles continues to be bought upstream.
The U.S. market exchange rate is similar compared to the previous week and remains favourable for exportation when price and demand are taken into consideration.
Economics & Government
• Canadian economy posted its 5th straight monthly gain, as GDP increase 0.8% for the month of October. • Omicron variant has led federal and provincial governments to implement new restrictions and cancel some holiday festivities. • The Canadian dollar remains stable, finishing the week at $0.78.
In the U.S., overall Car and Truck segments (-0.01%) decreased for the first time in sixteen weeks; the prior week increased by +0.11%.
Volume-weighted Car segments decreased -0.08%, compared to the prior week’s increase of +0.04%:
Compact Cars decreased for a fourth consecutive week, -0.32% after the prior week’s decline of -0.16%.
Mid-Size Cars continue to increase. This past week’s increase of +0.14% marks the nineteenth week of gains for an average weekly increase of +0.62%.
The Premium Sporty Car segment declined -0.31% last week, compared to -0.05% the week prior.
Volume-weighted Truck segments increased +0.02%; the previous week had an increase of +0.15%:
Full-Size Vans reported another week of gains, increasing +0.68%. This now marks the forty-seventh increase in the last forty-eight weeks.
The other two van segments, Compact and Minivan, also reported increases of +0.76% and +0.58%, respectively. Compact Luxury Crossovers experienced the largest decline, -0.34%, the week prior declined -0.08%.
• Volkswagen has once again teased the production version of the ID.Buzz concept first shown in 2017.
• Honda has filed to trademark ADX with the United States Patent and Trademark Office (USPTO), presumably so it can use the name for an upcoming luxury model.
• Mercedes EQE originally unveiled at the Munich Auto Show back in September has been sighted in Los Angeles presumably preparing a North American launch
• FedEx Receives First Electric Vans from GM's BrightDrop Venture


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During the process of creating business plans for the season to come, many pool and hot tub industry experts shared their insight on new trends that are emerging and why they should be harnessed to take one’s business to the next level this year.
Today, consumers who visit their local pool and hot tub retail store are shopping differently. Most are now doing all of their research online so when they enter the store, they are armed with more knowledge than some retailers are expecting.
Every dealership has things they do well, from practices and processes to creating new ideas. If a blueprint for success were to be created using these core strengths, and shared with other pool and hot tub professionals, it would be of great benefit to the industry.
Experienced retailers know how to sell hot tubs. They know how to merchandise, as well as provide financing and service to consumers looking to invest in a hot tub for their backyard. However, many retailers are still not maximizing the profit potential of various hot tub essentials available in today’s marketplace.
Depending on the homeowner and what type of lifestyle they live, it might not be immediately apparent, but sauna use and ownership continues to increase in popularity. In fact, many retailers may be surprised to find out just how many people have a secret passion for sitting and sweating on a wooden bench in a hot room.


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Coffee prices ended lower for the second-straight session, helped along by a boost to production estimates by the International Coffee Organization.
Arabica coffee for December fell 0.3% to end at $1.317 a pound on the ICE Futures U.S. exchange.
The contract has given up more than a month of gains, and was the worst performing commodity this week. The arabica coffee market has been in standby mode, with high global stockpiles of coffee keeping consuming nations satisfied for now and low coffee prices leaving producers with little reason to sell.
The International Coffee Organization said this week that it expects record global coffee production of 153.9 million bags in 2016/2017, boosting its estimate by 2.3 million bags. Traders have been watching the weather in Brazil, the world's largest producing country, for hints at production for the 2018/2019 harvest but it is still early in the season. Some trees are flowering.
Meanwhile, according to the Green Coffee Association, stockpiles of coffee in warehouses reached 7.4 million bags at the end of July, the largest since 1994, according to ED&F Man's Volcafe, enough to satisfy America's coffee needs for 100 days.
"In general the collapse of the terminal markets has shut the door for much of the physical business, compounded by the slow summer pace; producers and consumers all seem to be in standby mode," Commerzbank said in a note.
Sucden Financial told clients that in five years of history when prices meet resistance at $1.47 a pound, it has prompted a selloff back to $1.20 a pound but that alternatively, if the market can rise above $1.35 a pound, prices have a chance to retest $1.40 a pound.
In other markets, raw sugar for October was up 0.9% to close at 13.41 cents a pound, cocoa for December rose 0.5% to settle at $1,878 a ton, frozen concentrated orange juice for September dropped 2.6% to end at $1.403 a pound and December cotton closed up 0.6% at 67.28 cents a pound.
Write to Julie Wernau at email@example.com
(END) Dow Jones Newswires
August 18, 2017 16:35 ET (20:35 GMT)


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Nov. 18, 2022
North Africa’s largest country is expected to produce just 30,000 tons of olive oil in the 2022/23 crop year, about one-third of the rolling five-year average.
Oct. 17, 2022
Greece ranked second among table olives exporters to the United States in the first half of 2022 but received the highest prices.
Oct. 17, 2022
The value of organic agricultural exports also rose by 181 percent in the same period. Wine led the way, but extra virgin olive oil was not far behind.
Jul. 11, 2022
Consumers and environmental associations advocate retail sales of olive oil in bulk in the E.U. as a more environmental-friendly practice. Fedolive strongly disagrees.
May. 23, 2022
The U.S. Department of Agriculture expects olive oil consumption, exports, imports and ensign stocks to decrease as well.
May. 11, 2022
Tunisian producers who hope to qualify for the E.U.’s duty-free quota must provide details about their shipments and obtain permission from the agricultural ministry.
May. 9, 2022
Italian authorities said they prevented 2.3 million liters of virgin and refined olive oils labeled as extra virgin from entering the market.
Dec. 8, 2021
Uncle Sam paid U.S. farmers a record-high $46.5 billion in 2020. Olive farmers in California missed out.
Nov. 20, 2021
The WTO said anti-subsidy tariffs imposed by the United States on Spanish producers in 2018 were illegal. However, the organization rules anti-dumping tariffs could remain.
Oct. 20, 2021
The latest short-term projections show limited growth in exports and steady production. While olive oil prices rose last year, so did production costs.
Oct. 1, 2021
Italian farmers’ association Coldiretti said an increasing appetite for the Mediterranean diet was fueling exports, but warned a new labeling program could lead to setbacks.
Sep. 23, 2021
The European Union and the United States are negotiating a solution to the disagreement over anti-dumping tariffs imposed on Spain.


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There’s a new technology which could help local mushroom pickers get higher and more stable prices for their product, and Lynda Dixon wants to bring it to the islands, Alex Rinfret writes.
The new technology is a process called vacuum microwave dehydration, and Ms Dixon says food dried this way turns out plump, delicious, easily reconstituted, and more nutritious than air dried food.
She came across the technology last year, while researching ways to get more local control over the chanterelle mushroom market.
Her family is one of many on the islands which makes some income every fall picking wild chanterelle mushrooms. Her interest in the market was piqued a couple of years ago when the amount paid to pickers dropped to just $1 per pound, for reasons beyond the control of anyone here.
After writing some letters proposing a feasibility study on a local market, she found an enthusiastic partner in Haida Gwaii Community Futures, which helped her get a grant from the federal government for the project.
The study, completed in June 2005, concluded that trying to buy and sell fresh mushrooms from Haida Gwaii would be just about impossible for several reasons – including transportation hurdles, the perishability of the delicate mushrooms and the already stiff competition between big buyers.
She then looked at the possibility of drying the chanterelles here and selling the dried product. But air dried mushrooms “are kind of chewy and not very delicious,” Ms Dixon said. “Chefs aren’t crazy about them but use them if necessary.”
She was just about to conclude that local processing isn’t feasible, when she heard about a new technology being researched by a Canadian company connected to UBC. EnWave Corporation uses a process called vacuum microwave dehydration to dry foods at lower temperatures and more quickly than air drying, and the company sent Ms Dixon’s team some of their dried mushrooms.
“It turns out it’s absolutely amazing,” Ms Dixon said. “They reconstitute perfectly… They’re the next best thing to fresh, maybe even better than fresh because they’re stable.”
Ms Dixon’s group – the Haida Gwaii Local Foods Processing Cooperative – has prepared a business plan and has found that buying wild chanterelles from local pickers, drying them with the new technology, and marketing the unique product would be very feasible.
She’s now looking for islanders to join the processing cooperative, as a way for locals to have more control over the mushroom industry.
The co-op could pay higher prices to pickers, and the mushroom processing and marketing will create more jobs here, she said. Eventually, she envisions it tying into other food processing besides mushrooms.
The processing co-op is looking for $450,000 to start up, Ms Dixon said, but it would become a completely self-sustaining business once it gets going. Main expenses are the vacuum drying unit at about $125,000. The co-op will also need to build a cooler, rent warehouse space, pay pickers for their mushrooms and market its new product.
They’ve already secured $100,000 from the Coast Sustainability Trust and $50,000 from a provincial grant, and Ms Dixon said other funding applications are looking positive.
If you’re interested in joining the co-op or finding out more about the project, Ms Dixon will be holding information sessions in communities later this month. Potential members include not just mushroom pickers, but also islanders interested in sustainable use issues and people who are involved in the food industry.
“We are definitely looking for members,” she said. “We’re hoping that there’s going to be people out there who join as a supportive measure for progressive economic development on the islands.”
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Stefan Guglieri, the executive director of the First Ukrainian International Bank, decided to leave his post. In turn, the Supervisory Board of FUIB decided to terminate the powers of Stefan Guglieri as a member of the Board of the bank and to remove him from the Management Board.
Stefan Guglieri will continue to cooperate with the FUIB as a consultant on the development of retail business. Despite the fact that the format of Mr. Guglieri’s presence in FUIB changes, he stays in the bank.
Stefan Guglieri joined FUIB’s team in April 2012, taking the post of executive director and member of the Board in charge of the retail business. At the same time, Stefan was the Chairman of the Supervisory Board of JSC “Renaissance Capital Bank”.
Management Board of FUIB thanks Stefan Guglieri for his significant contribution to the achievements of FUIB’s Banking Group. Retail team headed by Stephen Guglieri implemented a number of momentous projects for the bank in 2013.
Thanks to the already established basis, First Ukrainian International Bank will continue the development of retail business to become a bank of first choice for customers – a financial advisor and assistant who understands customers’ needs, predicts their requirements and offers effective solutions.
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Meat, produce prices rise in 1st halfIn the first half of the year, the price of general industrial goods fell, while the price of agricultural and livestock products rose, the Korea Consumer Agency (KCA) said yesterday.
According to the KCA’s comparison of prices through the commodity price information system T-Price, the average price of general industrial goods and agricultural and livestock products in the first half was 98.8 points, slightly lower than the 100 points last December.
But if you separate the two categories, a big difference is found. General industrial goods fell to 96.5 points and the price of agricultural and livestock products for the first half rose to 105.7.
Among the industrial goods, prices of fabric softeners, shampoos, conditioner and detergents showed large price fluctuations, especially with discount promotions by retailers and one-plus-one events.
The KCA said consumers should pay attention to such events if they want to find reasonable prices.
Meanwhile, prices of items favored on summer vacations such as instant rice, soups, soju and beer have risen slightly this July compared with last July.
On the other hand, prices of wet wipes, sun lotions and ice cream have become cheaper this summer compared with last July.
“We plan to continue monitoring the prices of industrial goods and food products so that consumers will be able to purchase products at reasonable prices,” said a spokesman for KCA. “We will continue providing information on products that have frequent or large price fluctuations.”
BY KIM JUNG-YOON [email@example.com]


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Covid: Tauranga petrol station open, bakery closed
A Tauriko petrol station is now open but a Mount Maunganui bakery and convenience store remains closed, after being identified as locations of interest related to the truck driver who recently tested positive for Covid-19.
The Auckland-based essential worker visited Tauranga, as well as Cambridge and Hamilton, as part of their essential work as a food services provider.
Yesterday, it was announced by the Ministry of Health that the truckie had tested positive for Covid-19 and this morning three locations of interest in Tauranga were named.
The locations and times of interest are the Uppercrust Bakery on Maunganui Road, on September 11 from 10.10am to 12.05pm and on September 14 from 9.55am to 11.50am.
The other location of interest is the BP Connect in Tauriko on September 11, from 7.45am to 9.15am.
In a Facebook post yesterday, the Uppercrust Bakery informed their followers that a close contact had been established as visiting the store on two occasions.
They advised those who had been present at the times advised that they will be contacted if they used the QR code on entry.
“On a positive note, you have all been really good in wearing your masks and we have been handing masks to non compliant people,” says the post.
Uppercrust Bakery in Mount Maunganui remains closed today.
Due to the alert, the store is currently closed and hopes to reopen on Thursday, September 30.
The BP Connect in Tauriko is now open after the scare following a deep clean.
“The safety and well-being of our customers and team members continues to be our utmost priority alongside maintaining safe, compliant and reliable operations,” says a BP spokesperson.
“We are following Ministry of Health guidelines after being named as a location of interest and ask our customers to do the same.
“Our team members have been notified. Impacted team members are isolating, undergoing testing and closely monitoring for any symptoms.”
People who were in these locations at these times are being advised to self-isolate for 14 days after exposure and to test immediately, five and 12 days after exposure.


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The recall affects Pure Flavor brand's Freshly Cut Grillers in Premium Medley, Asparagus Blend, Rustic Blend and Steak Topper trays with expiration dates of Aug. 11 through Aug. 26.
The products, made by Leamington, Ont.-based Pure Hothouse Foods Inc., have been distributed across Ontario.
There have been no reported illnesses associated with the consumption of the products so far.
Food contaminated with the Listeria monocytogenes bacteria may not look or smell spoiled but can cause listeriosis.
Listeriosis can cause high fever, severe headache, neck stiffness and nausea. Pregnant women, the elderly and people with weakened immune systems are particularly at risk.